Overall GiG Score: -1 ?
Finance Score: -3
Governance Score: 2
Support Score: 0
  • Poor Liquidity: -1
  • Good Reserves: +1Spending falling: -1
  • Multiple Deficits and declines: -5
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • No supporters identified

BRITISH RECORD INDUSTRY TRUST 

Founded by the recorded music industry in 1989, The BRIT Trust works to promote diversity and inclusion in the UK by empowering people of all backgrounds through music and the creative arts. The BRIT Trust makes donations to support education and wellbeing activities that inspire people to realise their full potential and life chances, whatever their abilities, ethnicity, gender and sexuality.
Analysis by Giving is Great

Positives:

  • Fundraising costs are low relative to funds raised
  • The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • There are 14 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available
  • Spending has fallen significantly over the last 5 years relative to the previous period
  • Income has been volatile and on several occasions in recent years less than spending
Established: 34 years

www.brittrust.co.uk

brittrust@bpi.co.uk

02078031300

Charity Commission for England and WalesCompanies HouseX
UN SDGs
?

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
31/12/22£1,118£1,151£-33£0£11,289£11,289117.700
31/12/21£414£1,144£-730n/an/an/an/an/a0
31/12/20£1,687£1,177£510£0£12,616£12,616128.7010
31/12/19£1,863£1,229£634£24£12,313£12,313120.200
31/12/18£1,465£1,655£-190£50£10,366£10,36675.200
31/12/17£2,106£2,440£-334£0£11,027£11,02754.200
31/12/16£1,692£1,730£-39£0£10,451£10,45172.500
31/12/15£1,827£1,131£696£36£9,503£440.500
31/12/14*£1,555£1,078£478£5£8,863£700.800
31/12/13£977£903£74£7£8,318£320.400
31/12/12£1,227£1,246£-19£5£7,342£6456.200
31/12/11£1,322£896£426£6£6,928£81410.900
31/12/10£1,335£824£511£6£6,804£98214.300
31/12/09£788£797£-9£4£6,378£2,02030.400
31/12/08£1,156£823£333£5£5,843£5,84385.200
31/12/07*£1,945£830£1,115£5£6,511£2,13830.900
31/12/06*£1,378£732£647£0£0£0n/a00
31/12/05£1,018£1,182£-165£0£0£0n/a00
31/12/04£1,192£725£466£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 7%
Fundraising Costs/Total Spending: 5%
Highest pay band: Less than £60,000
Liabilities/Assets: 14%
Liabilities/Income: 166%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 117.7 months
Net Current Assets/Spending: -9 months
Quick Ratio: 0.1
Asset Split ?
What it does
  • Arts/Culture/Heritage/Science
  • Disability
  • Education/Training
  • Human Rights/Religious Or Racial Harmony/Equality Or Diversity
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies
  • People With Disabilities
How it operates
  • Makes Grants to Organisations
Where it operates
  • Northern Ireland, Scotland, Throughout England,

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (14)
Current Trustees appointed

Age Range of Trustees: 41-72
  • RITA BROE Appointed: 2015, Occupation: Strategic Head Of Marketing
Legal constitution
  • Charitable company registered in England & Wales on 27/09/1990, number: 1000413
  • Registered at Companies House on 17/04/1989, number: 02372740
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Conflicting interests
  • Investment
  • Risk management
Filing Record
19 returns made; AR14: 127 days late, AR07: 4 days late, AR06: 368 days late,
Main office

27 OLD GLOUCESTER STREET
LONDON
WC1N 3AX

Objectives

TO PROMOTE SUCH EXCLUSIVELY CHARITABLE OBJECTS AS THE TRUST MAY FROM TIME TO TIME SEE FIT

Defined Area of Benefit:

NOT DEFINED

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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