MUSICABILITY FOUNDATION
MusicAbility Foundation provides and promotes access to music education services and resources, promotes and supports music therapy, and presents concerts, lectures and workshops relating to music. The charity is based in Penzance and most of its work is based in West Cornwall.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £11,857 for the year ended 31 December 2024, with total income of £90,220 against expenditure of £78,363. Per the trustees' report, the charity holds total funds of £611,079, comprising unrestricted general funds of £41,818 and designated funds of £547,921, while noting that reserves are monitored due to the charity's early stage of operation.
What the accounts disclose
“Total income of £90,220 [2023: £61,151] comprised donations of £34,447 [2023: £7,320], rental income of £23,127 [2023: £20,611] and grants of £29,426 [2023: £33,220].” — page 8
“Payment of £180 was also made to a trustee for 12 hours admin support.” — page 15
“we have continued our successful collaboration with the local Community Interest Company - MusicAbility CIC - to deliver services in music therapy and music education, providing a venue where therapy and education services take place.” — page 7
Funders the charity credits
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2022)
Register events
- Received assets from another charity (25/10/2022)
Trustees
- MICHAEL ANTHONY CONBOYEchair
- Amelia Setiawati Brewer
- Dr Cheryl Teresa Day
- Edward Nicholas Francis-Smith
- JOWANNA BRIDGET CONBOYE
- JULIA HAVARD
- Mimi Jade Samantha Bird Dr
- Richard John Davies
- TERRY JANE BINNS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £90k | £78k |
| 31/12/2023 | £61k | £38k |
| 31/12/2022 | £620k | £44k |
Common questions
Is MUSICABILITY FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £11,857 for the year ended 31 December 2024, with total income of £90,220 against expenditure of £78,363. Per the trustees' report, the charity holds total funds of £611,079, comprising unrestricted general funds of £41,818 and designated funds of £547,921, while noting that reserves are monitored due to the charity's early stage of operation. Its FY2024 accounts were independently examined.
Who funds MUSICABILITY FOUNDATION?
Funders whose own accounts filings name MUSICABILITY FOUNDATION as a grant recipient include THE ALBERT AND EUGENIE FROST MUSIC TRUST CIO.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ALBERT AND EUGENIE FROST MUSIC TRUST CIO | FY2024 | £20k |