INNER CITY MUSIC LIMITED
Registered charity 516351 · accounts filings on the Charity Commission register
I C M presents a range of music and related education activities at its Manchester Venue Band on the Wall. Other local charities utilise space and facilities at reduced rates. The building re-opened in September 2009 following extensive renovation, and now incorporates meeting rooms, office facilities, music venue, workshop space and the provision of food and drink.
Causes: Education/training · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds are in a negative position of £1,726 following a prior period VAT adjustment, while total unrestricted funds stand at £31,403. The charity relies on commercial surpluses from its trading subsidiary to cover a charitable deficit of £679k, resulting in a net asset position of £4,593,806.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months’ core expenditure (held: £31k)
“The company undertakes to maintain reserves to the value of three months’ core expenditure against the costs of maintaining the staff team and company assets, principally being the property known as 'Band on the Wall'.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grace Sharp, daughter of CEO, employed by company
“Related Party Transactions Grace Sharp, the daughter of the Chief Executive Officer, was employed by the company during the year. Her total remuneration was £12,631.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Band on the Wall Trading Limited
“The investment above represents the whole of the issued share capital of Band on the Wall Trading Limited, a company incorporated in England and Wales (Company No 09412259).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Mitchell Charlesworth (Audit) Limited. Discloses 4 of 6 completeness components.
Corporate structure
BAND ON THE WALL TRADING LIMITED — per its own Companies House accounts
- Profit before tax: £757k
- Donated/gift-aided to the charity: £733k
- At the year-end, the Company owed Inner City Music Limited £46,539 (2024 - £87,937).
“During the year the company paid a donation of £733,190 (2024 - £718,304) to Inner City Music Limited, the ultimate parent company, a Registered Charity in which the Members of this Company are Trustees.”
Public fundraising profile: JustGiving — Inner City Music Ltd (matched by registered charity number).
Leadership, per the charity’s website
- John Shepherd — Chief Operating Officer (source)
- Laura Burgess — Commercial Director (source)
- Santana Guérout — Artistic Director (source)
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.
- MORGAN, Stephen — director, appointed 15/12/2025on trustee list
- CAMPBELL-GREEN, Kate Emma — director, appointed 03/06/2024on trustee list
- SORRELL, Stephen Terence — director, appointed 20/03/2017on trustee list
- GABAY, Karen — director, appointed 19/12/2016on trustee list
- CURNUCK, Julian Peter — director, appointed 21/03/2016on trustee list
- ASHURST, Lisa — director, appointed 17/12/2015on trustee list
- SHARP, Gavin — director, appointed 23/12/2010on trustee list
Official officers record.
Property (HM Land Registry)
4 registered titles in England and Wales held by the charity’s company or corporate body (3 freehold); recorded price paid £148k. 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 31/03/2025)
Cost of raising funds
£1.5m
Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Other trading activities (73% 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: 48.9% of total income — above the 90th percentile for charities its size (median 5.2%) (benchmarks).
- STEPHEN SORRELLchair
- GAVIN SHARP · trustee of 1 other charity
- Julian Curnuck
- KAREN GABAY · trustee of 2 other charities
- Kate Campbell-Green
- LISA ASHURST
- Stephen Morgan
Trustee list from the Charity Commission register (current, not historical).
Operates in: Northern Ireland · Scotland · Throughout England And Wales
Income and spending
Common questions
Is INNER CITY MUSIC LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds are in a negative position of £1,726 following a prior period VAT adjustment, while total unrestricted funds stand at £31,403. The charity relies on commercial surpluses from its trading subsidiary to cover a charitable deficit of £679k, resulting in a net asset position of £4,593,806. Its FY2025 accounts were audited by Mitchell Charlesworth (Audit) Limited.
Who funds INNER CITY MUSIC LIMITED?
Funders whose own accounts filings name INNER CITY MUSIC LIMITED as a grant recipient include OGLESBY CHARITABLE TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 B:MUSIC LTD.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.