SIRLUTE
Sirlute CIO, is a charity that provides educational music programmes up to the age of 25 from disadvantaged backgrounds. Delivering music workshops, artist development & work experience to counter youth violence and risk-taking behaviour.Sirlute is youth led, workshops and learning are co designed by industry professionals, community leaders & our beneficiaries.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £93,530 against a policy target of six months of operating costs. The charity reported a net surplus of £39,997 for the period, with total income of £227,709 and total expenditure of £187,712. The trustees confirmed there are no material uncertainties affecting the charity's ability to continue operations.
What the accounts disclose
“In line with our business plan, we are working towards establishing reserves that cover six months of operating costs” — page 8
Trustees
- Michelle O'Hanekwuchair
- Sabira Millward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 13/01/2025 | £228k | £188k |
| 13/01/2024 | £90k | £87k |
| 13/01/2023 | £72k | £74k |
| 13/01/2022 | £65k | £81k |
| 13/01/2021 | £136k | £113k |
Common questions
Is SIRLUTE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £93,530 against a policy target of six months of operating costs. The charity reported a net surplus of £39,997 for the period, with total income of £227,709 and total expenditure of £187,712. The trustees confirmed there are no material uncertainties affecting the charity's ability to continue operations. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 30/08/2022 | £10k | YoungStar Saturday Club |