BRISTOL MUSIC TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total surplus of £1,086,795 for the year ended 31 March 2025, driven by a restricted surplus of £1,136,558 which offset an unrestricted deficit of £49,763. Per the trustees' report, free reserves stood at £515,468, which is below the stated policy target of £850,000, reflecting the financial pressures of reopening the hall and the impact of the pandemic.
What the accounts disclose
“Our free reserves are currently at £515,468, this is below target reflecting the impact of the pandemic and the financial pressures of reopening the hall.” — page 19
“A trading subsidiary, BMT Enterprises Ltd (no. 07575415) was incorporated on 23 March 2011 as a company limited by shares (wholly owned by Bristol Music Trust) to manage associated commercial activities”
Funders the charity credits
- Arts Council England
- Department for Education
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (26/11/2025)
Trustees
- Christopher John Ladkin
- Christopher Shaun Seaton
- Councillor Ani Townsend
- Craig Gentle
- Georgia Mann
- JONATHAN DIMBLEBY
- Katharine Finn
- Nicholas Mark Hibberd
- Sandeep Shashikant Katwala
- Sandra Meadows
- Simon Christopher Wales
- Sonia Brenda Mills
- Timothy Westwell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £14.4m | £13.3m |
| 31/03/2024 | £11.2m | £11.2m |
| 31/03/2023 | £6.7m | £6.7m |
| 31/03/2022 | £15.0m | £15.7m |
| 31/03/2021 | £15.3m | £14.1m |
Common questions
Is BRISTOL MUSIC TRUST financially healthy?
The accounts state that the charity reported a total surplus of £1,086,795 for the year ended 31 March 2025, driven by a restricted surplus of £1,136,558 which offset an unrestricted deficit of £49,763. Per the trustees' report, free reserves stood at £515,468, which is below the stated policy target of £850,000, reflecting the financial pressures of reopening the hall and the impact of the pandemic. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.
Who funds BRISTOL MUSIC TRUST?
Funders whose own accounts filings name BRISTOL MUSIC TRUST as a grant recipient include THE NISBET TRUST, THE ANCHOR SOCIETY CIO, JOHN JAMES BRISTOL FOUNDATION, THE BEAVERBROOK FOUNDATION, SPIELMAN CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE NISBET TRUST | FY2023 | £265k |
| THE NISBET TRUST | FY2022 | £50k |
| THE ANCHOR SOCIETY CIO | FY2024 | £25k |
| JOHN JAMES BRISTOL FOUNDATION | FY2023 | £18k |
| THE BEAVERBROOK FOUNDATION | FY2023 | £15k |
| THE NISBET TRUST | FY2021 | £10k |
| SPIELMAN CHARITABLE TRUST | FY2023 | £10k |
| THE ANCHOR SOCIETY CIO | FY2023 | £7k |
| THE MARCHUS TRUST | FY2024 | £5k |
| THE PORTISHEAD NAUTICAL TRUST | FY2022 | £5k |
| THE DE BRYE CHARITABLE TRUST | FY2023 | £3k |
| THE PORTISHEAD NAUTICAL TRUST | FY2025 | £2k |
| THE PORTISHEAD NAUTICAL TRUST | FY2023 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 24/08/2023 | £238k | "In the Pipes" |
| The National Lottery Heritage Fund | 15/11/2016 | £4.8m | "Colston Hall Redevelopment Phase 2 - The Lantern Project" |