NEW PATHS MUSIC LIMITED
The advancement of the art of music and of education in music by presenting music festivals and music events including but not limited to the 'New Paths' spring festival and the 'Beverley Chamber Music Festival'.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with negative unrestricted reserves of £3,978, having incurred a deficit of £5,558. The trustees note that the charity is entirely dependent on ongoing donations for its going concern status, although a fundraising campaign launched in 2025 has reportedly eliminated the deficit by March 2026.
What the accounts disclose
“The trustees have set an amount of £1,500 as a target minimum level of reserves (funds which are freely available) to be maintained.” — page 6
“The charity is entirely dependent on ongoing donations and, as a consequence, the going concern basis is also dependent on these continuing.” — page 15
“Miss Elizabeth Burgess receives fees for musician services provided to the charity as set out in note 12.”
“During the year, the charity received donations and subscriptions from the trustees and related parties totalling £1,600” — page 23
Register events
- Received assets from another charity (24/04/2019)
Trustees
- ROLAND MARK DELLERchair
- CLAIRE EADINGTON
- ELIZABETH BURGESS
- Helen Louise Watson
- RICHARD DAVID JOHN PINEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £65k | £70k |
| 31/12/2023 | £90k | £94k |
| 31/12/2022 | £61k | £61k |
| 31/12/2021 | £73k | £78k |
| 31/12/2020 | £70k | £65k |
Common questions
Is NEW PATHS MUSIC LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with negative unrestricted reserves of £3,978, having incurred a deficit of £5,558. The trustees note that the charity is entirely dependent on ongoing donations for its going concern status, although a fundraising campaign launched in 2025 has reportedly eliminated the deficit by March 2026. Its FY2024 accounts were independently examined.