HELLENSMUSIC
Promote the arts and advance education in the arts, particularly in music, through the provision of such musical seminars, classes, workshops, performances and festivals as shall be thought fit. Musical tuition of the highest standard is provided to promising students who otherwise would not be to receive such tuition, as well as to schoolchildren in underprivileged areas of the West Midlands.
Financial health, per its FY2024 accounts
The charity reported a net expenditure for the year, resulting in a decrease in total unrestricted funds from £52,530 to £19,458. Total income fell significantly from £104,821 in 2023 to £31,298 in 2024. The balance sheet shows net current assets of £19,458, with cash at bank of £24,458 offset by creditors of £5,000.
What the accounts disclose
Trustees
- Amanda Salmon
- James Scott
- Turi Munthe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2024 | £31k | £64k |
| 31/07/2023 | £105k | £66k |
| 31/07/2022 | £32k | £60k |
| 31/07/2021 | £18k | £35k |
| 31/07/2020 | £108k | £52k |
Common questions
Is HELLENSMUSIC financially healthy?
Per its FY2024 accounts: The charity reported a net expenditure for the year, resulting in a decrease in total unrestricted funds from £52,530 to £19,458. Total income fell significantly from £104,821 in 2023 to £31,298 in 2024. The balance sheet shows net current assets of £19,458, with cash at bank of £24,458 offset by creditors of £5,000. Its FY2024 accounts were independently examined.