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THE MUSICSPACE TRUST

Registered charity 328311 · accounts filings on the Charity Commission register · also known as BRISTOL MUSICSPACE, HAMPSHIRE MUSICSPACE, MUSICSPACE, MUSICSPACE NORTH WEST, MUSICSPACE WEST MIDLANDS, NOTTINGHAM MUSICSPACE

To provide a community based music therapy service for children, young people and adults throughout Bristol and the South West region

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

Latest income
£437k
Latest spending
£404k
Registered
1989
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a £19k surplus in unrestricted funds for the year ended 30 June 2025, a notable improvement from previous deficits. Per the trustees' report, unrestricted free reserves stood at £166,613, which the trustees consider adequate against their policy target of 3-6 months' expenditure. The trustees confirmed that the going concern basis of accounting is appropriate with no material uncertainties.

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

What the accounts disclose

Highest-paid employee band: Under £60,000 — in the top quarter for charities its size (median £60k)
“No employee earned more than £60,000 during the current or prior year.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Charitable activities (80% of income)
“80% originated from music therapy services (2024: 90%)” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three to six months of unrestricted expenditure (held: £167k)
“the target is a level of 3-6 months’ expenditure not met from restricted funds.”
Per its FY2025 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — MusicSpace (matched by registered charity number).

Property (HM Land Registry)

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

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

Structured financials (annual return, FY ending 30/06/2021)

Total income
£549k
Total spending
£289k
Cost of raising funds
£11k
Reserves (reported)
£118k
Employees
12

Reported reserves equal ~4.9 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, cost of raising funds: 2.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Bath And North East Somerset · Bristol City · Gloucestershire · North Somerset · South Gloucestershire

Income and spending

Financial year endIncomeSpending
30/06/2025£437k£404k
30/06/2024£302k£417k
30/06/2023£306k£365k
30/06/2022£277k£324k
30/06/2021£549k£289k

Common questions

Is THE MUSICSPACE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a £19k surplus in unrestricted funds for the year ended 30 June 2025, a notable improvement from previous deficits. Per the trustees' report, unrestricted free reserves stood at £166,613, which the trustees consider adequate against their policy target of 3-6 months' expenditure. The trustees confirmed that the going concern basis of accounting is appropriate with no material uncertainties. Its FY2025 accounts were independently examined.

What does the highest-paid employee of THE MUSICSPACE TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.

Who funds THE MUSICSPACE TRUST?

Funders whose own accounts filings name THE MUSICSPACE TRUST as a grant recipient include THE NISBET TRUST, DR RADCLIFFE'S TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE NISBET TRUSTFY2024£15k
DR RADCLIFFE'S TRUSTFY2022£3kMusicSpace Children’s Development Project

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund12/09/2024£20kMusicSpace Community Early Intervention Project
The National Lottery Community Fund13/03/2006£3kMusic Therapy Project
The National Lottery Community Fund03/06/2005£5kThe Parkinsons Disease Music Therapy Project

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.

FunderSimilar charities fundedAmount to them
THE NATIONAL FOUNDATION FOR YOUTH MUSIC3£223k
The Barnes Fund2£343k
Richmond Foundation2£141k
HAMPTON FUEL ALLOTMENT2£83k
THE YOUTH ENDOWMENT FUND CHARITABLE TRUST1£289k
IMPETUS - THE PRIVATE EQUITY FOUNDATION1£289k
THE FOYLE FOUNDATION1£150k
JOHN JAMES BRISTOL FOUNDATION1£137k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MUSIC THERAPY WORKS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE MUSICSPACE TRUST£437kUnder £60,0000unclear—no doubt
MUSIC THERAPY WORKS FY2025£393k—0above—no doubt
BRISTOL MUSIC TRUST FY2025£14.4m——below—no doubt
RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED FY2025£1.8mmore than £60,0001unclear—no doubt
SPACE FY2024£256k—0above—no doubt
EARLY MUSIC AS EDUCATION FY2025£137k—0within—no doubt

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