Charity Accounts Intelreading the accounts so you don’t have to

BRIDGES FOR MUSIC

Registered charity 1154170 · accounts filings on the Charity Commission register

Construction of educational spaces in underprivileged communities, focused on music, creativity and entrepreneurship. Facilitation of 6 months educational programmes in Cape Town focusing on music, entrepreneurial and life skills. Workshops with international artists in underprivileged communities in South Africa.Education grants / scholarships for underprivileged artists.

Causes: Education/training · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£346k
Latest spending
£393k
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £46,743 for the year, with total funds decreasing to £158,991 from £205,734 the previous year. Unrestricted reserves were low at £8,043, and the trustees acknowledge that rebuilding these reserves is a key priority. Despite the deficit and challenging fundraising conditions, the trustees remain confident in the charity's resilience and ability to continue operations.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — in the top quarter for charities its size (median £60k)
“The number of employees whose annual remuneration was more than £60,000 is as follows: £60,001 to £70,000” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The number of employees whose annual remuneration was more than £60,000 is as follows: £60,001 to £70,000” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Remuneration of £47,540 was paid to a trustee for services provided under a service agreement.
“During the year, remuneration of £47,540 (2023: £58,414) was paid to a trustee as part of a service agreement for services provided on behalf of the charity.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee remuneration
“During the year, remuneration of £47,540 (2023: £58,414) was paid to a trustee as part of a service agreement for services provided on behalf of the charity.” — page 16
“Borrowings relate to amounts owed to a director for expenses incurred on behalf of the charity.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Director loans
“During the year, remuneration of £47,540 (2023: £58,414) was paid to a trustee as part of a service agreement for services provided on behalf of the charity.” — page 16
“Borrowings relate to amounts owed to a director for expenses incurred on behalf of the charity.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Corporate structure

Public fundraising profile: JustGiving — Bridges For Music (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: South Africa · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£346k£393k
31/12/2023£488k£437k
31/12/2022£235k£356k
31/12/2021£367k£212k
31/12/2020£222k£143k

Common questions

Is BRIDGES FOR MUSIC financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £46,743 for the year, with total funds decreasing to £158,991 from £205,734 the previous year. Unrestricted reserves were low at £8,043, and the trustees acknowledge that rebuilding these reserves is a key priority. Despite the deficit and challenging fundraising conditions, the trustees remain confident in the charity's resilience and ability to continue operations. Its FY2024 accounts were independently examined.

What does the highest-paid employee of BRIDGES FOR MUSIC earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
PARABOLA FOUNDATION1£1.7m
THE KARLSSON JATIVA CHARITABLE FOUNDATION1£252k
GENESIS AMERICA (UK) LIMITED1£77k
THE FOYLE FOUNDATION1£75k
THE SAINTBURY TRUST1£73k
The Portal Trust1£47k
THE GEOFFREY AND PAULINE MARTIN TRUST1£32k
THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS1£26k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PREMISES MUSIC EDUCATION PROGRAMME.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
BRIDGES FOR MUSIC£346k£60,001 - £70,0001unclear—no doubt
THE PREMISES MUSIC EDUCATION PROGRAMME FY2025£170k—0unclear—no doubt
EARLY MUSIC AS EDUCATION FY2025£137k—0within—no doubt
B:MUSIC LTD FY2025£13.6m——unclear—no doubt
COMMUNITY MUSIC LIMITED FY2025£194k—0unclear—no doubt
FRIENDS OF THE EDWARD SAID NATIONAL CONSERVATORY OF MUSIC UK FY2025£105k—0above60.0%no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.