MUSICABILITY FOUNDATION

Registered charity 1197197 · accounts filings on the Charity Commission register

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.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · website · Get email alerts

Latest income
£90k
Latest spending
£78k
Registered
2021
Accounts read
FY2024

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.

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

What the accounts disclose

Largest income source: Grants (32% of income)
“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
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Payment of £180 was made to a trustee for 12 hours admin support.
“Payment of £180 was also made to a trustee for 12 hours admin support.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Related party transaction with MusicAbility CIC
“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
Per its FY2024 accounts as filed with the Charity Commission.

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

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2022)

Total income
£620k
Total spending
£44k
Reserves (reported)
£25k
Employees
0

Per its annual return, largest income source: Donations and legacies (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income.

Register events

Trustees · trustee networks

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

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE ALBERT AND EUGENIE FROST MUSIC TRUST CIOFY2024£20k