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PRS MEMBERS' FUND

Registered charity 1181735 · accounts filings on the Charity Commission register

Latest income
£1.4m
Latest spending
£1.7m
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income increased to £1,403,491 from £1,121,220 in the prior year, driven by higher donations and investment returns. The charity holds £97,298 in free unrestricted reserves, which the trustees describe as prudent and justified to cover income changes and growing demand. Total net assets stood at £17,514,999, supported by significant investment holdings.

What the accounts disclose

Related-party transaction: PRS for Music Limited agreed to apportion defined benefit pension deficit costs to the Fund.
“PRS For Music Limited agreed with the Fund that it would be appropriate to apportion some of the defined benefit pension costs to the Fund in respect of the PRS employees that work for the Fund.” — page 17
“Of huge importance was the PRS donation to the Fund, of £165,000 in 2024, based on £1 per member.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: PRS donation of £165,000 received.
“PRS For Music Limited agreed with the Fund that it would be appropriate to apportion some of the defined benefit pension costs to the Fund in respect of the PRS employees that work for the Fund.” — page 17
“Of huge importance was the PRS donation to the Fund, of £165,000 in 2024, based on £1 per member.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by UHY Hacker Young.

Public fundraising profile: JustGiving — PRS Members’ Fund (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.4m
Total spending
£1.7m
Cost of raising funds
£444k
Reserves (reported)
£25k
Employees
7

Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Brazil · Jamaica · Malta · Northern Ireland · Scotland · Sri Lanka · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£1.4m£1.7m
31/12/2024£1.4m£1.5m
31/12/2023£1.1m£1.1m
31/12/2022£1.6m£856k
31/12/2021£832k£1.1m

Common questions

Is PRS MEMBERS' FUND financially healthy?

The accounts state that total income increased to £1,403,491 from £1,121,220 in the prior year, driven by higher donations and investment returns. The charity holds £97,298 in free unrestricted reserves, which the trustees describe as prudent and justified to cover income changes and growing demand. Total net assets stood at £17,514,999, supported by significant investment holdings. Its FY2024 accounts were audited by UHY Hacker Young.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE SENECA TRUST1£229k
THE A TEAM FOUNDATION LIMITED1£179k
THE RODDICK FOUNDATION1£100k
THE ORP FOUNDATION1£30k
THE LAUFFER FAMILY CHARITABLE TRUST1£18k
THE JORON CHARITABLE TRUST1£10k
THE ADFAL TRUST1£6k
THE ALLEN OVERY SHEARMAN STERLING FOUNDATION1£5k

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