REGENT'S PARK MUSIC FESTIVAL CHARITABLE FUND
Financial health, per its FY2026 accounts
The accounts state that the charity incurred a net deficit of £1,353 for the year, resulting in unrestricted funds decreasing from £9,734 to £8,381. The trustees report that the charity was kept solvent through loans from trustees, but the expansion of ticketed events placed an enormous financial strain on the organization. Per the trustees' report, the charity has since rebuilt reserves and obtained committed funding for the next two years following a strategic review.
What the accounts disclose
“trustees had to increase planned financial support and lend the charity the funds to stay solvent. This trial by fire has had the positive result of forcing the leadership to reflect on the mission of the music festival and how to fulfil it at a smaller scale without compromising our commitment to providing paid employment to musicians, particularly those at the beginning of their careers.”
“During the year four trustees made donations totalling £26,000 without restriction.” — page 10
“Two trustees also made loans to the Charity of £5,000 each. No interest is payable on these loans and there is no fixed repayment date.”
“During the year four trustees made donations totalling £26,000 without restriction.” — page 10
“Two trustees also made loans to the Charity of £5,000 each. No interest is payable on these loans and there is no fixed repayment date.”
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2026).
Trustees
- Richard Elliottchair
- Nancy Janin
- Sehr Akbar
- Tom Thomson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £138k | £139k |
| 31/03/2025 | £94k | £96k |
| 31/03/2024 | £38k | £36k |
| 31/03/2023 | £24k | £19k |
| 31/03/2022 | £18k | £18k |
Common questions
Is REGENT'S PARK MUSIC FESTIVAL CHARITABLE FUND financially healthy?
The accounts state that the charity incurred a net deficit of £1,353 for the year, resulting in unrestricted funds decreasing from £9,734 to £8,381. The trustees report that the charity was kept solvent through loans from trustees, but the expansion of ticketed events placed an enormous financial strain on the organization. Per the trustees' report, the charity has since rebuilt reserves and obtained committed funding for the next two years following a strategic review. Its FY2026 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KEREN ASSOCIATION LIMITED | 1 | £836k |