MUSICAL KEYS
For the benefit to relieve people in need who are disadvantaged (whether through special or additional needs, dementia, communication disability, alcohol, substance abuse) by the provision of creative activities (including but not limited to music, drama and arts), an in connection with those activities to provide support and involvement for parents, guardians, siblings and carers.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £166,881, which is well above the charity's stated policy target of six months' operating costs (£67,670). The charity reported a net income surplus of £81,958 for the year, supported by unrestricted grants and donations, while maintaining a moderate working fund balance.
What the accounts disclose
“The charity’s revised Reserves Policy agreed at a Trustees meeting on 10th January 2024 now requires it to hold sufficient unrestricted reserves to cover a minimum of six months’ operating costs.” — page 12
Trustees
- Amanda Reynoldschair
- Alison Mary Ridley
- Christopher Alexander Towndrow
- Graham Jones
- Lucy CHILD
- Stephen Shaw
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £289k | £207k |
| 31/03/2024 | £231k | £210k |
| 31/03/2023 | £201k | £176k |
| 31/03/2022 | £119k | £103k |
| 31/03/2021 | £153k | £97k |
Common questions
Is MUSICAL KEYS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £166,881, which is well above the charity's stated policy target of six months' operating costs (£67,670). The charity reported a net income surplus of £81,958 for the year, supported by unrestricted grants and donations, while maintaining a moderate working fund balance. Its FY2025 accounts were independently examined.
Who funds MUSICAL KEYS?
Funders whose own accounts filings name MUSICAL KEYS as a grant recipient include THE EDWARD GOSTLING FOUNDATION, ANGUISH'S EDUCATIONAL FOUNDATION, NORWICH CONSOLIDATED CHARITIES, THE TRUEMARK TRUST, THE LESLIE MARY CARTER CHARITABLE TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 01/12/2025 | £20k | Core Costs |
| Postcode Lottery | 29/10/2024 | £25k | Unrestricted Funding |
| The National Lottery Community Fund | 22/08/2024 | £20k | Musical Keys Core Costs |
| The National Lottery Community Fund | 12/05/2023 | £10k | Core costs |
| The National Lottery Community Fund | 18/02/2022 | £10k | Musical Keys Core costs |
| The National Lottery Community Fund | 23/01/2020 | £800 | Accessible Open Mic |
| The National Lottery Community Fund | 07/08/2019 | £9k | Connecting Communities |
| The National Lottery Community Fund | 04/04/2012 | £8k | Musical Keys, Volunteers |
| The National Lottery Community Fund | 14/12/2005 | £2k | Publicity |