LOCAL AND LIVE MUSIC
The purpose Local and Live Music is educate the public about music through improving public understanding and appreciation of contemporary live music . Its principal activities are organising an annual free music festival in Tunbridge Wells, other smaller musical events in the South East and making grants to organisations or individuals where their activities are aligned with ours objectives.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net expenditure of £1,930, reducing its total unrestricted funds from £9,784 to £7,854. The trustees note that while the main festival was a success, meeting production costs remains a concern, though the event covered its costs through donations, grants, and sponsorship. The charity holds no restricted funds and has no stated reserves policy target.
What the accounts disclose
“N Bent also granted the charity a loan of £5,000 (2023: £10,000) to aid cashflow, this was fully repaid at the year end.” — page 15
Trustees
- Paul Scott Duntonchair
- Anna Howie
- Heather Tilston
- Jason Richard Dorman
- Paul Andrew Coe
- Paul Reader
- Peter Geoffrey Taylor
- Stephen Mark Goodwin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £61k | £63k |
| 31/12/2023 | £65k | £67k |
| 31/12/2022 | £64k | £61k |
| 31/12/2021 | £65k | £56k |
| 31/12/2020 | £14k | £13k |
Common questions
Is LOCAL AND LIVE MUSIC financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net expenditure of £1,930, reducing its total unrestricted funds from £9,784 to £7,854. The trustees note that while the main festival was a success, meeting production costs remains a concern, though the event covered its costs through donations, grants, and sponsorship. The charity holds no restricted funds and has no stated reserves policy target. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Tunbridge Wells Borough Council | — | £2k | Music festival |
| Tunbridge Wells Borough Council | — | £2k | Music festival |