BRIDGES FOR MUSIC
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves fell to £4,550 from £125,011 in the prior year, while total funds stood at £154,574. The trustees note the charity aims to build reserves to a level allowing operation for six months in case of future challenges. The independent examiner confirmed no matters gave cause to believe the accounts were materially misstated.
What the accounts disclose
“The charity aims to build up new reserves to a healthy level where the charity could operate for 6 months in case of another global challenge.”
Corporate structure
- Registered company of the charity Companies House 08325514
Trustees
- Jonathan Ashley Trevelyan Hulbert
- Keri Louise Perkins
- Ralf Kollmann
- Richard Graham Alin Marshall
- Rory MacInnes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
The accounts state that unrestricted reserves fell to £4,550 from £125,011 in the prior year, while total funds stood at £154,574. The trustees note the charity aims to build reserves to a level allowing operation for six months in case of future challenges. The independent examiner confirmed no matters gave cause to believe the accounts were materially misstated. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ANDREW LLOYD WEBBER FOUNDATION | 2 | £1.4m |
| THE ALBERT AND EUGENIE FROST MUSIC TRUST CIO | 2 | £35k |
| THE CHARLES WOLFSON CHARITABLE TRUST | 1 | £200k |
| GENESIS AMERICA (UK) LIMITED | 1 | £77k |
| THE FOYLE FOUNDATION | 1 | £75k |
| The Portal Trust | 1 | £41k |
| THE KARLSSON JATIVA CHARITABLE FOUNDATION | 1 | £20k |
| THE ATHERTON FAMILY CHARITABLE TRUST | 1 | £20k |