SOUTH EAST DERBYSHIRE MUSIC CENTRE TRUST
South East Derbyshire Music Centre provides a space for young people to make music in Amber Valley and Erewash. We welcome young musicians at every ability level to perform in high-quality music making opportunities.
Financial health, per its FY2025 accounts
The accounts state that the charity closed with a cash reserve of £35,771.69, resulting in a net operating income surplus of £9,968.89 for the year. However, the unrestricted reserves were £5,000 below the target identified in the Trust's Reserves Policy. The trustees view that they will continue to maintain finances and withstand inflationary pressures on costs.
What the accounts disclose
“This leaves the unrestricted reserve €5k below the target identified in the Trust's Reserves Policy”
Register events
- Received assets from another charity (26/06/2020)
Trustees
- Michaela Wrightchair
- Fraser Clarke
- Joanna Ruth Wakefield
- Luke John Stanley
- PHILL THORNHILL
- Philippa Louise Seago
- Steven Hardy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £71k | £61k |
| 31/08/2024 | £56k | £65k |
| 31/08/2023 | £61k | £57k |
| 31/08/2022 | £64k | £79k |
| 31/08/2021 | £44k | £43k |
Common questions
Is SOUTH EAST DERBYSHIRE MUSIC CENTRE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity closed with a cash reserve of £35,771.69, resulting in a net operating income surplus of £9,968.89 for the year. However, the unrestricted reserves were £5,000 below the target identified in the Trust's Reserves Policy. The trustees view that they will continue to maintain finances and withstand inflationary pressures on costs. Its FY2025 accounts were independently examined.