SUTTON MUSIC TRUST

Registered charity 1209939 · accounts filings on the Charity Commission register

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income
£1.1m
Latest spending
£1.1m
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £73,301 for the year ended 31 March 2025, reversing a prior year deficit. However, the charity relies on its parent company for financial support through loans and donations to maintain its going concern status, as indicated by significant intercompany balances owed to Cognus Limited.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: unclear (held: £61k)
“after considering the principal risks and uncertainties, and the Charity's reserves policy” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Trustees consider the Charity to be on a going concern basis due to a commitment from its parent company to provide financial support in the form of short-term non interest-bearing loans for any cash flow issues and in the form of charitable donations.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 19
“During the year ended 31 March 2025, £788,047 (2024: £695,933) was recharged from Cognus Limited, the immediate parent company, in respect of payroll recharges. All payroll recharges were made at cost. As at 31 March 2025 £1,483,980 (2024: £20,002) was owed to Cognus Limited.” — page 25
“During the year ended 31 March 2025, £99,000 (2024: £55,253) was charged from Cognus Limited as a rendered service fee in respect of costs incurred in Cognus Limited on behalf of Sutton Music Trust. As at 31 March 2025 £154,253 (2024: £55,253) was owed to Cognus Limited.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 19
“During the year ended 31 March 2025, £788,047 (2024: £695,933) was recharged from Cognus Limited, the immediate parent company, in respect of payroll recharges. All payroll recharges were made at cost. As at 31 March 2025 £1,483,980 (2024: £20,002) was owed to Cognus Limited.” — page 25
“During the year ended 31 March 2025, £99,000 (2024: £55,253) was charged from Cognus Limited as a rendered service fee in respect of costs incurred in Cognus Limited on behalf of Sutton Music Trust. As at 31 March 2025 £154,253 (2024: £55,253) was owed to Cognus Limited.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 19
“During the year ended 31 March 2025, £788,047 (2024: £695,933) was recharged from Cognus Limited, the immediate parent company, in respect of payroll recharges. All payroll recharges were made at cost. As at 31 March 2025 £1,483,980 (2024: £20,002) was owed to Cognus Limited.” — page 25
“During the year ended 31 March 2025, £99,000 (2024: £55,253) was charged from Cognus Limited as a rendered service fee in respect of costs incurred in Cognus Limited on behalf of Sutton Music Trust. As at 31 March 2025 £154,253 (2024: £55,253) was owed to Cognus Limited.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 19
“During the year ended 31 March 2025, £788,047 (2024: £695,933) was recharged from Cognus Limited, the immediate parent company, in respect of payroll recharges. All payroll recharges were made at cost. As at 31 March 2025 £1,483,980 (2024: £20,002) was owed to Cognus Limited.” — page 25
“During the year ended 31 March 2025, £99,000 (2024: £55,253) was charged from Cognus Limited as a rendered service fee in respect of costs incurred in Cognus Limited on behalf of Sutton Music Trust. As at 31 March 2025 £154,253 (2024: £55,253) was owed to Cognus Limited.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.1m
Total spending
£1.1m
Reserves (reported)
£0
Employees
9

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% 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 — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Sutton

Income and spending

Financial year endIncomeSpending
31/03/2025£1.1m£1.1m

Common questions

Is SUTTON MUSIC TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £73,301 for the year ended 31 March 2025, reversing a prior year deficit. However, the charity relies on its parent company for financial support through loans and donations to maintain its going concern status, as indicated by significant intercompany balances owed to Cognus Limited. Its FY2025 accounts were audited by HaysMac LLP.

Who funds SUTTON MUSIC TRUST?

Funders whose own accounts filings name SUTTON MUSIC TRUST as a grant recipient include HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUSTFY2024£5kTuition fees
HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUSTFY2023£3kConcerts
HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUSTFY2025£2kConcerts
HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUSTFY2025£2kTuition fees
HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUSTFY2024£2kConcerts

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SUTTON MENCAP CHARITY COMPANY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SUTTON MUSIC TRUST£1.1m——unclear—noted
SUTTON MENCAP CHARITY COMPANY FY2025£1.1m—0unclear—no doubt
SANCTUARY TRUST LIMITED FY2025£2.6m—0unclear—no doubt
RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED FY2025£1.8mmore than £60,0001unclear—no doubt
THE SACCONI TRUST FY2025£126k—0within—no doubt
RIVER CHURCH SUTTON FY2025£256k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.