LEWISHAM MUSIC
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year in a deficit position, with a net expenditure of £61,840, exacerbated by inflationary pressures and cuts to core funding. Despite this, the charity holds unrestricted free reserves of £223,872, which the trustees consider to practically meet their stated policy target of three months of salary, premises costs, and contractual obligations.
What the accounts disclose
“One employee received emoluments between £60,000-£69,999 (2022 same)” — page 34
“One employee received emoluments between £60,000-£69,999 (2022 same)” — page 34
“The trustees have decided that it is prudent to carry a reserve of three months of salary, premises costs and contractual obligations” — page 13
Leadership, per the charity’s website
- Keith Sykes — Chief Executive
- Simon Francis — Director of Business & Operations
- Ania Wróblewska — Director of Community Programmes
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Audrey Bleazard
- James Ripley
- Jenetta Hurst
- Kathleen Mary Boyle
- Lateefah Rukiya Brown-Grant
- Nadiya Hoffman
- Natalie Antoinette Clarke
- Robert Kiruta-Kigozi
- Thomas Oliver Toomse-Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.3m |
| 31/03/2024 | £1.2m | £1.2m |
| 31/03/2023 | £1.2m | £1.2m |
| 31/03/2022 | £1.2m | £1.2m |
| 31/03/2021 | £891k | £928k |
Common questions
Is LEWISHAM MUSIC financially healthy?
The accounts state that the charity ended the year in a deficit position, with a net expenditure of £61,840, exacerbated by inflationary pressures and cuts to core funding. Despite this, the charity holds unrestricted free reserves of £223,872, which the trustees consider to practically meet their stated policy target of three months of salary, premises costs, and contractual obligations. Its FY2023 accounts were audited by Haines Watts.
What does the highest-paid employee of LEWISHAM MUSIC earn?
Per its FY2023 accounts, the highest-paid employee was in the £60,000 - £69,999 band, and 1 employees earned over £60,000.
Who funds LEWISHAM MUSIC?
Funders whose own accounts filings name LEWISHAM MUSIC as a grant recipient include THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS, KUSUMA TRUST UK, SIR WILLIAM BOREMAN'S FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS | FY2023 | £19k |
| KUSUMA TRUST UK | FY2024 | £10k |
| THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS | FY2024 | £8k |
| SIR WILLIAM BOREMAN'S FOUNDATION | FY2023 | £6k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MARIA BJORNSON MEMORIAL FUND | 2 | £23k |
| 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 |
| HYDE PARK PLACE ESTATE CHARITY | 1 | £17k |
| THE ANDREW LLOYD WEBBER FOUNDATION | 1 | £15k |