Finance Score: -3
Governance Score: 6
Support Score: 0
  • Strong growth: +2
  • Volatile income & significant deficit in latest year: -5
  • No PartB
  • Dynamic board: +3
  • Gender balanced board: +3
  • Large volunteers +5
Overall GiG Score: 8 ?

FRIENDS OF STAFFORDSHIRE'S YOUNG MUSICIANS 

Supporting Young Musicians and musical activities in Staffordshire.Holding charitable funds on behalf of The Music Partnership: the music education hub for the North-West Midlands
Analysis by Giving is Great

Positives:

  • This charity has been very successful in attracting volunteers relative to its size
  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Income has been volatile recently and was significantly lower than spending in the latest year

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/08/23£11£23£-11n/an/an/an/an/a95
31/08/22£57£24£33n/an/an/an/an/a49
31/08/21£52£14£37n/an/an/an/an/a35
31/08/20£11£8£3n/an/an/an/an/a12
31/08/19£29£8£21n/an/an/an/an/a8
31/08/18£3£4£-2£0£0£0n/a00
31/08/17£17£6£11£0£0£0n/a00
31/08/16£8£8£1£0£0£0n/a00
31/08/15£4£3£1£0£0£0n/a00
31/08/14£5£4£2£0£0£0n/a00
31/08/13£29£10£19£0£0£0n/a00
31/08/12£8£2£6£0£0£0n/a00
31/08/11£9£7£2£0£0£0n/a00
31/08/10£4£3£1£0£0£0n/a00
31/08/09£2£3£-1£0£0£0n/a00
31/08/08£2£2£1£0£0£0n/a00
31/08/07£1£0£1£0£0£0n/a00
31/08/06*£1£2£-1£0£0£0n/a00
31/08/05£2£1£1£0£0£0n/a00
31/08/04£6£3£3£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 30 years

www.fosym.org.uk

info@fosym.org.uk

01785224319

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
GiG Classification
  • Performing and visual arts
How it operates
  • Makes Grants to Individuals
  • Makes Grants to Organisations
  • Other charitable activities
Where it operates
  • Staffordshire, Stoke-on-trent City, Telford & Wrekin,
Who it helps
  • Children/Young People
Who works here?
  • Unknown number of employees
  • 95 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)
Current Trustees appointed
Gender Split

Age Range of Trustees:
Legal constitution
  • Charity registered in England & Wales on 17/05/1994, number: 1037650
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Policies in force
  • 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
  • Investing charity funds policy and procedures
  • Investment
  • 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
Filing Record
20 returns made; AR06: 329 days late,
Main office

375 STONE ROAD
STAFFORD
ST16 1LD

Objectives

TO ADVANCE THE MUSICAL EDUCATION OF CHILDREN AND YOUNG PEOPLE RESIDENT IN STAFFORDSHIRE

Defined Area of Benefit:

STAFFORDSHIRE

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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