THE LOAN FUND FOR MUSICAL INSTRUMENTS

Registered charity 277909 · accounts filings on the Charity Commission register

Makes loans and grants to young professional musicians to enable the purchase of musical instruments appropriate for a career as a professional performer.

Objects

TO PROMOTE THE MAINTENANCE IMPROVEMENT AND DEVELOPMENT OF PUBLIC EDUCATION IN AND APPRECIATION FO THE ART AND SCIENCE OF MUSIC IN ALL ITS ASPECTS.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Latest income
£81k
Latest spending
£85k
Registered
1979
Accounts read
FY2025

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.

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

What the accounts disclose

Related-party transaction: Trustee expense reimbursement
“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
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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.