WANDSWORTH MUSIC

Charity number: 1186662
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Wandsworth Music provides music education to children and young people who live in or attend schools in and around the London Borough of Wandsworth.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,762,171

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £372.50k
Charitable activities £1.39m
Other trading activities £0
Investments £0
Other £0

Total expenditure:
£1,611,596

Text alternative for this canvas graphic is in the data table below.
Raising funds £0
Charitable activities £1.56m
Other £52.97k

£0 investments gains (losses)

Total income includes £328,697 from 2 government grant(s)

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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £52.97k
Charitable expenditure £1.56m
Retained for future use £150.57k

People

85 Employee(s)

9 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for another benefit.

What, who, how, where

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Wandsworth

Governance

Registration history:
  • 29 November 2019: CIO registration
Organisation type:
CIO
Other names:
  • WANDSWORTH MUSIC SERVICE (Working name)
  • WANDSWORTH SCHOOLS’ MUSIC (Working name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
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

9 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Joseph Frederick Daniel Jones Chair 01 September 2019
None on record
Jeremy Ambache Trustee 02 October 2024
None on record
Deepa Nair-Pillai Trustee 01 September 2023
None on record
Michela Bariletti Trustee 17 May 2023
None on record
Simone Coultress Trustee 17 May 2023
None on record
Jessica Silvester Trustee 27 February 2023
None on record
Richard Byrne-Smith Trustee 26 September 2022
None on record
Lucie McInerney Trustee 21 October 2021
None on record
Daniel James White Trustee 06 January 2020
None on record

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £1.35m £1.24m £1.55m £1.76m
Total expenditure £1.04m £1.32m £1.60m £1.61m
Income from government contracts N/A N/A N/A N/A
Income from government grants £246.73k £355.48k £333.63k £328.70k
Income - Donations and legacies £583.05k £376.48k £396.00k £372.50k
Income - Other trading activities £0 £0 £0 £0
Income - Charitable activities £762.76k £865.93k £1.15m £1.39m
Income - Endowments £0 £0 £0 £0
Income - Investment £0 £0 £0 £0
Income - Other £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0
Expenditure - Charitable activities £985.05k £1.23m £1.47m £1.56m
Expenditure - Raising funds £0 £0 £0 £0
Expenditure - Governance £14.00k £31.83k £8.97k £8.97k
Expenditure - Grants institution £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0
Expenditure - Other £51.62k £86.42k £132.74k £52.97k

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.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £118.79k £107.78k £96.26k £88.02k
Long-term investments £0 £0 £0 £0
Other assets £346.66k £456.66k £533.40k £738.07k
Defined benefit pension scheme asset or liability -£651.00k -£603.00k £85.00k £218.00k
Total liabilities £86.31k £165.52k £212.94k £279.78k

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 March 2024 20 November 2024 On Time
Accounts and TAR 31 March 2024 20 November 2024 On Time Download Open in new window
Annual return 31 March 2023 22 November 2023 On Time
Accounts and TAR 31 March 2023 22 November 2023 On Time Download Open in new window
Annual return 31 March 2022 01 November 2022 On Time
Accounts and TAR 31 March 2022 01 November 2022 On Time Download Open in new window
Annual return 31 March 2021 26 November 2021 On Time
Accounts and TAR 31 March 2021 26 November 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CIO - FOUNDATION Registered 29 Nov 2019 as amended on 06 Jan 2020

Charitable objects

3. THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT: 3.1 TO ADVANCE EDUCATION PARTICULARLY (BUT NOT EXCLUSIVELY) IN RELATION TO MUSIC; 3.2 TO ADVANCE THE ARTS AND CULTURE, PARTICULARLY (BUT NOT EXCLUSIVELY), BY PROMOTING AND FACILITATING ACCESS TO, PERFORMANCES OF, AND PARTICIPATION IN PERFORMANCES OF, MUSIC; 3.3 TO PROVIDE FOR THE RECREATION OF MEMBERS OF THE PUBLIC BY PROVIDING EQUIPMENT, FACILITIES AND SERVICES TO THEM IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE. NOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CHARITY FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005 AND SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.

Contact information

Address:
BURNTWOOD SCHOOL
BURNTWOOD LANE
LONDON
SW17 0AQ
Phone:
0208 333 3899
Email:
info@wandsworthmusic.co.uk
Website:

www.wandsworthmusic.co.uk Open in new window