THE LOAN FUND FOR MUSICAL INSTRUMENTS
Makes loans and grants to young professional musicians to enable the purchase of musical instruments appropriate for a career as a professional performer.
Financial health, per its FY2025 accounts
The accounts state that net assets decreased slightly from £1,953,113 to £1,927,368 due to investment losses, though unrestricted reserves remain substantial. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity reports no material risks and maintains sufficient resources to meet current loan and grant applications.
What the accounts disclose
“The trustees, who are the key management personnel, were not paid but they or their representatives were reimbursed expenses of £229 (2024: £59) during the year. Meeting expenses were incurred totalling £142 (2024: £92). There are no related party transactions requiring disclosure other than the transactions referred to above.” — page 13
Trustees
- Andrew Marriner
- Catherine Yates
- Chris Walters
- LEVON CHILINGIRIAN OBE
- Professor Joanne Bridget Cole
- RODNEY SLATFORD OBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £81k | £85k |
| 31/03/2024 | £80k | £80k |
| 31/03/2023 | £68k | £69k |
| 31/03/2022 | £63k | £74k |
| 31/03/2021 | £61k | £47k |
Common questions
Is THE LOAN FUND FOR MUSICAL INSTRUMENTS financially healthy?
Per its FY2025 accounts: The accounts state that net assets decreased slightly from £1,953,113 to £1,927,368 due to investment losses, though unrestricted reserves remain substantial. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity reports no material risks and maintains sufficient resources to meet current loan and grant applications. Its FY2025 accounts were independently examined.