THE SARAH NULTY POWER OF MUSIC FOUNDATION
The Foundation exists to celebrate and support people to experience the transformative power of music. From funding music classes in community groups and schools to providing grants for people to buy instruments, The Power of Music Foundation enables, encourages and guides socially and economically disadvantaged people in South Yorkshire to develop musical abilitie
Objects
TO ADVANCE THE ARTS FOR THE PUBLIC BENEFIT IN PARTICULAR, BUT NOT EXCLUSIVELY BY THE PROVISION OF:(A)GRANTS TO ENABLE, ENCOURAGE AND GUIDE SOCIALLY AND ECONCICALLY DISADVANTAGED INDIVIDUALS IN ORDER TO ENHANCE THEIR MUSICAL TALENTS. (B)GRANTS TO SUPPORT AND AID ANY ORGANISATIONS WHICH FURTHER THIS PURPOSE AND ARE EXCLUSIVELY CHARITABLE IN ACCORDANCE WITH THE LAWS OF ENGLAND AND WALES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £2,754 for the year, resulting in a decrease in total unrestricted funds from £49,806 to £47,052. Per the trustees' report, reserves are held to ensure continuity of grant-making and to manage future financial uncertainties, with a stated policy to maintain sufficient reserves for this purpose.
What the accounts disclose
“Reserves are held to ensure continuity of grant-making and to manage future financial uncertainties.” — page 4
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- julie voiseychair
- Georgina Burton
- alison martin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/04/2025 | £32k | £34k |
| 01/04/2024 | £31k | £27k |
| 01/04/2023 | £27k | £15k |
| 01/04/2022 | £41k | £11k |
| 01/04/2021 | £6k | £2k |
Common questions
Is THE SARAH NULTY POWER OF MUSIC FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £2,754 for the year, resulting in a decrease in total unrestricted funds from £49,806 to £47,052. Per the trustees' report, reserves are held to ensure continuity of grant-making and to manage future financial uncertainties, with a stated policy to maintain sufficient reserves for this purpose. Its FY2025 accounts were independently examined.