THE HAMPSTEAD CHURCH MUSIC TRUST
Latest income
£109k
Latest spending
£109k
Registered
1975
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that net assets increased to £4,297,635, with unrestricted cash balances of £86,108 exceeding the trustees' policy target of £50,000. The charity reported a net operating surplus of £722 for the year, indicating that incoming resources were sufficient to cover expenditures.
What the accounts disclose
Reserves policy: six months' anticipated expenditure (£50,000) (held: £86k)
“it should as a general rule of thumb hold some £50,000 of immediately available cash in the Unrestricted General Fund, this sum being equivalent to six months' anticipated expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- LORD JONATHAN HUGH MANCEchair
- Anna Kenyon
- Catherine Frances Helen Spalding CBE FRSL
- Helen Taylor
- Inigo Rodney Milman Woolf
- Katherine Nicholson
- MAURITS Joost Felix Marie DOLMANS
- Nicholas Walser
- Nicholas White
- Rev Carol Barrett Ford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £109k | £109k |
| 31/12/2023 | £108k | £108k |
| 31/12/2022 | £103k | £99k |
| 31/12/2021 | £100k | £98k |
| 31/12/2020 | £90k | £107k |
Common questions
Is THE HAMPSTEAD CHURCH MUSIC TRUST financially healthy?
The accounts state that net assets increased to £4,297,635, with unrestricted cash balances of £86,108 exceeding the trustees' policy target of £50,000. The charity reported a net operating surplus of £722 for the year, indicating that incoming resources were sufficient to cover expenditures. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE'S, WEST HOLLOWAY, LONDON | 1 | £143 |