Charity Accounts Intelreading the accounts so you don’t have to

THE SVETLANOV LEGACY CHARITY

Registered charity 1191117 · accounts filings on the Charity Commission register

To advance the education of the public by promoting knowledge and appreciation of the life and works of Evgeny Svetlanov by a broad range of activities and programmes.To advance education in and understanding and appreciation of music and musical composition including by supporting musicians and music students.To further such other charitable purposes as the trustees think fit.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Latest income
£1.6m
Latest spending
£58k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £3,314.62 and expendable endowment funds of £653,255.86, totaling £656,570.48. The trustees confirm they have adequate assets to fulfill obligations and identified no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: to have reserves to cover the costs of the competition and distribute surplus income (supplemented by capital) to pay donations to other registered charities and meet governance costs and eventually to fully distribute both income and capital funds. (held: £3k)
“The trustees'/directors' policy is to have reserves to cover the costs of the competition and distribute surplus income (supplemented by capital) to pay donations to other registered charities and meet governance costs and eventually to fully distribute both income and capital funds.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expenses
“During this year, Marina Bower was paid out of pocket expenses of £5,965.16 and Charles Ellin was paid out of pocket expenses of £87.00.” — page 10
“During this year, Marina Bower was paid out of pocket expenses of £5,965.16 and Charles Ellin was paid out of pocket expenses of £87.00.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expenses
“During this year, Marina Bower was paid out of pocket expenses of £5,965.16 and Charles Ellin was paid out of pocket expenses of £87.00.” — page 10
“During this year, Marina Bower was paid out of pocket expenses of £5,965.16 and Charles Ellin was paid out of pocket expenses of £87.00.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.6m
Total spending
£58k
Cost of raising funds
£6k
Reserves (reported)
£672k
Employees
0

Reported reserves equal ~138.3 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: France · Netherlands · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/08/2025£1.6m£58k
31/08/2024£30k£185k
31/08/2023£9k£176k
31/08/2022£1k£23k
31/08/2021£0£0

Common questions

Is THE SVETLANOV LEGACY CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £3,314.62 and expendable endowment funds of £653,255.86, totaling £656,570.48. The trustees confirm they have adequate assets to fulfill obligations and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.