SERIOUS TRUST LIMITED
Serious Trust celebrates the potential of music to have a postive impact on lives. We instigate music-based learning and participation activities, professional development programmes for musicians and support the creation of new music. Our aims are achieved primarily by supporting (as a grant maker) Serious Events, highly respected producers of live jazz, international and contemporary music.
Objects
THE OBJECTS OF THE CHARITY ARE: (1) TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT WITH PARTICULAR REFERENCE TO PUBLIC APPRECIATION OF MUSIC IN ALL ITS FORMS, PROMOTING A KNOWLEDGE AND UNDERSTANDING OF MUSIC AND FOSTERING THE PRACTICE OF MUSIC ARTISTS. (2) TO ADVANCE THE ARTS AND CULTURE FOR THE BENEFIT OF THE GENERAL PUBLIC, PARTICULARLY (BUT NOT LIMITED TO) BY PROMOTING AND FACILITATING ACCESS TO AND PERFORMANCES OF MUSIC.
Financial health, per its FY2025 accounts
The accounts state that the charity's total unrestricted and restricted funds stood at £8,457 at the year end, having spent nearly all incoming resources on charitable activities and grants. The trustees report that the financial statements are prepared on a going concern basis, with no material uncertainties identified regarding the charity's ability to continue its operations.
What the accounts disclose
“Total 2025 22,734 11,640 34,374”
“In the year to 31 March 2025 a total of £73,400 (2024: £57,998) was paid to Serious Events Limited in relation to grant expenditure and recharged staff costs. The entities are related by virtue of common management and operations. Included within Other Creditors is a balance of £58,900 (2024: £nil) due to Serious Events Limited.” — page 19
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Joel Kibazochair
- ANNA FEUCHTWANG
- Froniga Lambert
- Ian Peter Latham
- Miranda Isobel Johnson
- Vera Kwakofi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £90k | £90k |
| 31/03/2024 | £16k | £65k |
| 31/03/2023 | £71k | £49k |
| 31/03/2022 | £54k | £27k |
| 31/03/2021 | £125k | £169k |
Common questions
Is SERIOUS TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity's total unrestricted and restricted funds stood at £8,457 at the year end, having spent nearly all incoming resources on charitable activities and grants. The trustees report that the financial statements are prepared on a going concern basis, with no material uncertainties identified regarding the charity's ability to continue its operations. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 30/09/2024 | £8k | Unrestricted Funding |