The Framlingham Foundation Trust T/A The Ed Sheeran Suffolk Music Foundation
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds decreased from £338,514 to £244,153 due to a net expenditure of £94,361 against total income of £371,766. The trustees report that reserves are maintained to ensure the charity can continue its activities in the event of a significant drop in funding. The filing confirms no material uncertainty exists regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level to allow the work of the charity to continue going forward.” — page 6
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- STEPH HARDWICK
- STUART JAMES CAMP
- WILL ASHURST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £895k | £876k |
| 31/12/2023 | £372k | £466k |
| 31/12/2022 | £18k | £112k |
| 31/12/2021 | £136k | £163k |
| 31/12/2020 | £374 | £70k |
Common questions
Is The Framlingham Foundation Trust T/A The Ed Sheeran Suffolk Music Foundation financially healthy?
The accounts state that unrestricted funds decreased from £338,514 to £244,153 due to a net expenditure of £94,361 against total income of £371,766. The trustees report that reserves are maintained to ensure the charity can continue its activities in the event of a significant drop in funding. The filing confirms no material uncertainty exists regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.