Finance Score: 4
Governance Score: -1
Support Score: 3
  • Liabilities <10%: +3
  • Excess reserves: -4
  • Strong growth: +2
  • Fundraising costs low: +3
  • Only 4 Trustees: -1
  • Overall weighted support: +3
Overall GiG Score: 6 ?

THE MUSIC IN SECONDARY SCHOOLS TRUST

To be at the forefront of classical music education in challenging and disadvantaged secondary schools; providing funding to enable all students as they enter their secondary school to be given a classical musical instrument alongside regular group tuition and the opportunities to perform, and to improve the quality of teaching, learning and leadership of music through high quality staff training.
Analysis by Giving is Great

Positives:

  • The charity has received backing from a grant maker
  • This charity has a robust balance sheet
  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • Fundraising costs are low relative to funds raised

Regulatory & Governance issues to consider:

  • Why are there only 4 trustees?

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £5,653,375 available, equivalent to 48 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/24£1,409£1,417£-8£36£5,708£5,65347.990
31/03/23£6,173£1,280£4,894£25£5,590£5,59052.470
31/03/22£982£826£156£25£832£130.250
31/03/21£964£987£-23£76£676£6387.850
31/03/20?£1,133£1,019£114£90£698£6988.250
31/03/18£1,155£1,002£152£0£558£5586.740
31/03/17£1,165£1,078£87£0£406£4064.540
31/03/16£998£779£219£0£319£3194.920
31/03/15*£719£639£80£1£100£1001.910
31/03/14£317£297£20n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 5.2%
Fundraising Costs/Total Spending: 4.6%
Senior Staff Costs/Total Spending: 14%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 0%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 47.9 months
Net Current Assets/Spending: 5 months
Quick Ratio: 12.8
Asset Split ?
Balance Sheet History
Established: 12 years

www.misst.org.uk

info@misst.org.uk

02076974208

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Performing and visual arts
How it operates
  • Makes grants to organisations
  • Provides human resources
  • Provides services
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools Trust
£10,000 26/05/2022
Radley Residency 2022
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools Trust
£10,000 13/05/2021
MiSST Create
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools
£1,050,000 03/11/2020
Andrew Lloyd Webber Programme of music education
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools Trust
£10,100 03/07/2019
12
Radley College Music Residency 2019
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools
£25,100 31/10/2018
24
Music within the Arts - An Educational Entitlement to Excellence in Music Feasibility Study
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools
£10,100 27/06/2018
12
Radley Music Residency 10 - 19 July 2018
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools
£10,100 07/11/2017
12
Summer Residency Radley College 11 - 14 July 2017.
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools
£10,100 31/10/2016
12
The MiSST Summer Residency Radley College 11 - 14 July 2016.
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools
£1,400,000 27/06/2016
36
Andrew Lloyd Webber Programme of music education in four founding MiSST schools
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools
£10,000 20/10/2015
Radley Residency 1 - 4 July 2015
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools
£2,000 20/10/2015
MiSST Barbican Concert
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools
£1,000,000 26/02/2014
MiSST Andrew Lloyd Webber Programme of music education
Andrew Lloyd Webber Foundation - Grant to Music in Secondary Schools
£23,000 26/02/2014
MiSST costs
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)
Current Trustees appointed

  • DANIEL PELTZ Appointed: 2020
  • HONOURABLE ANDREW DANIEL WOLFSON (Chair) Appointed: 2013
  • KADIATU KANNEH-MASON Appointed: 2021
  • LADY MADELEINE ASTRID LLOYD WEBBER Appointed: 2013
Legal constitution
  • Charity registered in England & Wales on 17/04/2013, number: 1151662
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • 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
  • 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
Filing Record
10 returns made; AR15: 130 days late,
Main office

MiSST
8 Highbury Grove
LONDON
N5 2EQ

Objectives

1) PROMOTE THE EDUCATION OF YOUNG PEOPLE UNDER THE AGE OF 25 IN MUSIC BY FUNDING A PROGRAMME OF EXCELLENCE IN CLASSICAL MUSIC EDUCATION IN SECONDARY SCHOOLS, BY PROVIDING OPPORTUNITIES FOR STUDENTS TO PERFORM, AND BY IMPROVING THE QUALITY OF TEACHING, LEARNING AND LEADERSHIP OF MUSIC THROUGH HIGH QUALITY STAFF TRAINING2) SUCH OTHER PURPOSES THAT ARE CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES BOTH WITHIN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND ELSEWHERE THROUGH OUT THE WORLD

Data Sources

Charity Commission for England and Wales
360 Giving

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