THE BERKSHIRE YOUNG MUSICIANS TRUST

Charity number: 284555
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Berkshire Music Trust is an independent music service providing instrumental and vocal teaching in schools and music centres throughout Berkshire. We promote a comprehensive range of music activities working in close partnership with schools, colleges and community music groups. Funds are raised to support disadvantaged young people and talented young musicians.

Income and expenditure

Data for financial year ending 31 August 2024

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Fundraising

No information available

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
Who the charity helps:
  • Children/young People
How the charity helps:
  • Provides Other Finance
  • Provides Services
Where the charity operates:
  • Bracknell Forest
  • Reading
  • West Berkshire
  • Windsor And Maidenhead
  • Wokingham

Governance

Registration history:
  • 11 November 1982: Standard registration
Organisation type:
Charitable company
Other names:
  • BERKSHIRE MUSIC TRUST (Working name)
  • BERKSHIRE MAESTROS (Previous name)
Company number:
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Jon Carroll Chair 22 September 2020
None on record
Heather Young Trustee 01 July 2025
None on record
Dr Tijana Blanusa Trustee 01 July 2025
None on record
Kim Austen Trustee 01 July 2025
WEST FOREST SINFONIA
Recently registered
Oliver George Picken Trustee 18 March 2025
None on record
Kathryn Hatton Trustee 12 September 2023
MICKLANDS PARENT TEACHER ASSOCIATION
Received: On time
CROWTHORNE SYMPHONY ORCHESTRA
Received: On time
Rhona Millar Trustee 11 March 2023
None on record
Seth Williams Trustee 24 January 2023
None on record
Rachel Belshaw Trustee 22 September 2020
FOUNDATION FOR RELIEF AND RECONCILIATION IN THE MIDDLE EAST
Received: On time
Alexandra Butler Trustee 22 September 2020
None on record
Deborah Harris Trustee 22 September 2020
None on record
ANDREW MARTIN JACKSON Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Total gross income £4.66m £5.34m £4.60m £4.71m £4.57m
Total expenditure £5.13m £4.64m £5.10m £4.80m £4.49m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £1.17m £2.48m £1.17m £1.35m £1.22m
Income - Donations and legacies £71.07k £88.43k £38.23k £55.06k £33.36k
Income - Other trading activities £0 £0 £0 £15.86k £0
Income - Charitable activities £4.57m £2.75m £4.55m £4.62m £4.49m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £211 £7 £0 £1.95k £19.05k
Income - Other £21.18k £20.66k £8.66k £14.79k £28.59k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £5.07m £4.58m £5.04m £4.74m £4.43m
Expenditure - Raising funds £65.68k £58.69k £59.86k £59.63k £55.93k
Expenditure - Governance £31.12k £24.54k £28.14k £44.96k £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Own use assets £1.60m £1.60m £1.58m £1.55m £1.55m
Long-term investments £100 £0 £100 £100 £100
Other assets £1.65m £2.72m £2.45m £2.21m £2.27m
Defined benefit pension scheme asset or liability -£2.91m -£3.47m -£443.00k -£340.00k -£340.00k
Total liabilities £1.25m £1.31m £1.20m £1.01m £1.03m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2024 27 March 2025 On time
Accounts and TAR 31 August 2024 27 March 2025 On time Download Open in new window
Annual return 31 August 2023 30 April 2024 On time
Accounts and TAR 31 August 2023 30 April 2024 On time Download Open in new window
Annual return 31 August 2022 04 May 2023 On time
Accounts and TAR 31 August 2022 04 May 2023 On time Download Open in new window
Annual return 31 August 2021 25 May 2022 On time
Accounts and TAR 31 August 2021 25 May 2022 On time Download Open in new window
Annual return 31 August 2020 06 May 2021 On time
Accounts and TAR 31 August 2020 06 May 2021 On time Download Open in new window
Submit annual return Open in new window

Contact information

Address:
Berkshire Music Trust
Stoneham Court
100 Cockney Hill
READING
RG30 4EZ
Phone:
01189012370