TONIC MUSIC FOR MENTAL HEALTH LTD
Tonic Music for Mental Health promotes good mental health in the music industry and in the community. It does this by providing mental health education, advice and support, both remotely and at events, and by providing opportunities to participate in music and the arts.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a total net income of £51,396 for the year, successfully eliminating the unrestricted funds deficit which stood at -£71,044 at the start of the period. However, the trustees note that the year-end unrestricted reserves of £3,394 were below the stated policy target of approximately £120,000 (three months of operating costs).
What the accounts disclose
“No employee received emoluments in excess of £60,000” — page 122
“Given the low unrestricted funds balance as at 30 June 2025 the charity had not achieved the minimum target reserve at the year-end.” — page 102
“A member of the key management personnel loaned money to the charity to allow bills to be paid whilst there was an issue with the banking arrangements. Interest is not being charged on this loan. The amount outstanding as of 30 June 2025 was £33,764.” — page 126
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- David Mark Dearman
- Dr John Stephen Barnes
- Richard Thomas Walters
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £557k | £506k |
| 30/06/2024 | £463k | £466k |
| 30/06/2023 | £396k | £285k |
| 30/06/2022 | £224k | £230k |
| 30/06/2021 | £165k | £140k |
Common questions
Is TONIC MUSIC FOR MENTAL HEALTH LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a total net income of £51,396 for the year, successfully eliminating the unrestricted funds deficit which stood at -£71,044 at the start of the period. However, the trustees note that the year-end unrestricted reserves of £3,394 were below the stated policy target of approximately £120,000 (three months of operating costs). Its FY2025 accounts were independently examined.
What does the highest-paid employee of TONIC MUSIC FOR MENTAL HEALTH LTD earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds TONIC MUSIC FOR MENTAL HEALTH LTD?
Funders whose own accounts filings name TONIC MUSIC FOR MENTAL HEALTH LTD as a grant recipient include THE MASTER CHARITABLE TRUST, THE CHRISTOPHER MEREDITH FOUNDATION, THE WILLIAM WATES MEMORIAL TRUST, RICHER SOUNDS FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MASTER CHARITABLE TRUST | FY2024 | £265k | The prevention or relief of poverty |
| THE CHRISTOPHER MEREDITH FOUNDATION | FY2025 | £31k | support of underprivileged musicians |
| THE WILLIAM WATES MEMORIAL TRUST | FY2022 | £27k | |
| RICHER SOUNDS FOUNDATION | FY2025 | £20k | Mental Health |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 07/04/2026 | £20k | Community Mental Health Support for Music Fans |
| The National Lottery Community Fund | 09/12/2022 | £10k | Never Mind The Stigma Programme |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 2 | £230k |
| THE GLOUCESTERSHIRE ASSOCIATION FOR DISABILITY | 1 | — |
| THE KARLSSON JATIVA CHARITABLE FOUNDATION | 1 | £993k |
| BARNWOOD TRUST | 1 | £343k |
| THE PRUDENCE TRUST | 1 | £264k |
| THIRTY PERCY FOUNDATION | 1 | £251k |
| THE CHIMO TRUST CIO | 1 | £90k |
| THE J VAN MARS FOUNDATION | 1 | £75k |
Charities like this
- MUSIC MINDS MATTER
- MUSIC SUPPORT UK
- THE MUSIC WORKS (CHARITY)
- HEALTHY GENERATIONS
- SOUNDCASTLE LTD
- MUSIC FOR MY MIND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TONIC MUSIC FOR MENTAL HEALTH LTD | £557k | Under £60,000 | 0 | below | — | no doubt |
| MUSIC MINDS MATTER | £1.3m | — | 0 | unclear | — | no doubt |
| MUSIC SUPPORT UK | £376k | — | — | unclear | — | no doubt |
| THE MUSIC WORKS (CHARITY) | £2.1m | — | — | within | — | no doubt |
| HEALTHY GENERATIONS | £224k | — | 0 | above | — | no doubt |
| SOUNDCASTLE LTD | £326k | — | 0 | within | — | no doubt |