Finance Score: -1

Governance Score: 2

Support Score: 6

Poor Liquidity: -1

12+ Trustees: -1
Good trustee age range: +3

Overall weighted support: +6

Overall GiG Score: 7

B:MUSIC LTD

(1) TO PROMOTE AND PRESENT CONCERT PERFORMANCES OF CLASSICAL, POPULAR AND CONTEMPORARY MUSIC, COMPLEMENTARY TO THOSE OF THE CITY OF BIRMINGHAM SYMPHONY ORCHESTRA (CBSO) AND OF WORLD-CLASS CALIBRE,(2) TO EDUCATE THE PUBLIC BY PROMOTING, FOSTERING AND ENCOURAGING THE KNOWLEDGE, UNDERSTANDING AND APPRECIATION OF THE ARTS, PARTICULARLY MUSIC, PROVIDING AN EDUCATION PROGRAMME FOR THIS PURPOSE.

Analysis by Giving is Great

Positives:

A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

Why are there 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

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
31/03/23		£12,153	£12,831	£-678	£1,595	£14,494	£2,260	2.1	239	0
31/03/22		£10,864	£10,567	£297	£935	£15,173	£2,286	2.6	201	0
31/03/21		£9,565	£5,214	£4,351	£322	£14,876	£2,275	5.2	250	0
31/03/20		£19,880	£13,379	£6,501	£1,441	£10,525	£1,668	1.5	293	14
31/03/19		£14,595	£13,602	£993	£1,637	£4,024	£2,064	1.8	75	15
31/03/18		£14,628	£14,165	£463	£1,536	£3,031	£1,867	1.6	70	0
31/03/17		£12,901	£12,553	£348	£1,456	£2,568	£1,372	1.3	68	0
31/03/16		£13,442	£13,088	£354	£1,400	£2,220	£918	0.8	72	0
31/03/15		£12,427	£12,363	£64	£1,242	£1,866	£666	0.6	69	0
31/03/14	*	£12,665	£12,901	£-236	£6,893	£1,802	£734	0.7	81	0
31/03/13		£11,674	£11,848	£-174	£34	£2,038	£970	1	70	0
31/03/12		£11,746	£11,926	£-180	£886	£2,212	£1,212	1.2	70	0
31/03/11		£11,795	£11,730	£65	£918	£2,392	£1,317	1.3	70	0
31/03/10	*	£12,408	£11,927	£481	£786	£2,327	£1,240	1.2	71	0
31/03/09		£10,241	£10,372	£-131	£32	£1,846	£765	0.9	69	0
31/03/08	*	£10,537	£10,022	£515	£29	£1,977	£844	1	60	0
31/03/07	*	£8,107	£7,965	£142	£30	£1,462	£343	0.5	51	0
31/03/06		£6,786	£7,263	£-477	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05	*	£6,333	£6,765	£-432	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04		£6,673	£7,053	£-380	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 16.6%
Fundraising Costs/Total Spending: 12.4%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £130,000-£140,000
Liabilities/Assets: 28%
Liabilities/Income: 47%
Unrestricted Funds/Total Funds: 16%
Reserves/Spending: 2.1 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0.7

Asset Split ?

Balance Sheet History

Established: 29 years

www.bmusic.co.uk

NICK.LOVELAND@BMUSIC.CO.UK

01212002000

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science

GiG Classification

Performing and visual arts

How it operates

Provides buildings/facilities/open space

Where it operates

Birmingham City,

Who it helps

Children/Young People
Elderly/Old People
People Of A Particular Ethnic Or Racial Origin
People With Disabilities

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.

Major supporters in last 5 years

DCMS	£3,102,945
The Foyle Foundation	£25,000
Garfield Weston Foundation	£10,000
Fenton Arts Trust	£3,000

Specific Donations

Amount	When Months	To be used for
Garfield Weston Foundation - Main Grants award
£10,000	09/12/2022	Main Grants award
DCMS - Investment Funds
£21,000	10/12/2021	We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has access to a remarkable range of ....more We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has access to a remarkable range of high quality cultural experiences. Between 2018 and 2022, we will invest £1.45 billion of public money from government to help deliver this vision.
The Foyle Foundation - Arts
£25,000	16/09/2021	towards the purchase of a Steinway Model D Concert Piano for Symphony Hall
Fenton Arts Trust - Grant to Performances Birmingham Ltd (THSH)
£3,000	11/06/2020	"Jazzlines Commission" will partner 2 young Birmingham musicians with composers from elsewhere in UK to compose and perform new repertoire.
DCMS - National Portfolio Organisation 2018-2022
£81,945	01/04/2020	The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has ....more The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has access to a remarkable range of high quality cultural experiences. Between 2018 and 2022, we will invest £1.45 billion of public money from government and an estimated £860 million from the National Lottery to help deliver this vision.
DCMS - Culture Recovery Fund
£2,534,675	01/04/2020	To support Arts and Culture throughout England
DCMS - Second Round CRF
£465,325	01/04/2020	To support Arts and Culture throughout England
Garfield Weston Foundation - Major Grants award
£100,000	28/06/2019	Making an Entrance
DCMS - National Portfolio Organisation 2018-2022
£80,464	01/04/2019	£1.6bn invested in the key arts and culture infrastrucure organisations in England for a 4 year period
DCMS - National Portfolio Organisation 2018-2022
£80,464	01/04/2018	National Portfolio Organisation 2018-2022
DCMS - National Portfolio Organisation 2018-2022
£20,116	01/04/2018	To support National Portfolio Organisation 2018-2022
Birmingham City Council - Performances Birmingham
£1,700,000	01/04/2016	PERFORMANCES BIRMINGHAM; Arts and culture;
Nesta - ACE0335
£100,716	26/08/2014	Digital R&D Fund programme grant to Town Hall Symphony Hall (Performances Birmingham LTD) Grant Ref ACE0335
LandAid Charitable Trust - Revenue funding for youth training and development programme in music and event management
£10,000	11/12/2013	Repeat funding, the second year of the Sound Lounge 21 project in Birmingham, designed to develop disadvantaged young people's skills in programming, producing, leadership, event management, marketing and digital media to be able to develop and lead ....more Repeat funding, the second year of the Sound Lounge 21 project in Birmingham, designed to develop disadvantaged young people's skills in programming, producing, leadership, event management, marketing and digital media to be able to develop and lead their own programme of music events.
Esmee Fairbairn - Grant to Performances Birmingham Ltd
£120,000	05/06/2013	Towards the Jazzlines project, a talent development programme for young jazz musicians.
Andrew Lloyd Webber Foundation - Grant to Performances Birmingham Ltd
£30,000	01/05/2012	Generation Ladywood

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (14)

Current Trustees appointed

Age Range of Trustees: 38-78

ANITA BHALLA (Chair) Appointed: 1996, Occupation: Community Affairs Corresponden

ANTHONY ROGER HOWARD Appointed: 2019, Occupation: Company Director

CLAIRE EVANS Appointed: 2017, Occupation: Chartered Accountant

COUNCILLOR ALBERT BORE Appointed: 2023, Occupation: Company Director

COUNCILLOR EWAN FORBES MACKEY Appointed: 2015, Occupation: Director

DAVINDER BANSAL Appointed: 2015, Occupation: Architect

IAN MYATT Appointed: 2009, Occupation: Exec Producer

JAMES TAIT Appointed: 2014, Occupation: Solicitor

JATINDER KAUR DHALIWAL Appointed: 2023, Occupation: Company Director

JOEL BLAKE Appointed: 2014, Occupation: Chief Executive

OLUWAMAYOKUN ALONGE Appointed: 2019, Occupation: Company Director

PRAVEEN GUPTA Appointed: 2023, Occupation: Company Director

SHERYL ANDREA MILLER Appointed: 2021, Occupation: Company Director

VIDAR HJARDENG Appointed: 2009, Occupation: Consultant

Legal constitution

Charitable company registered in England & Wales on 21/03/1996, number: 1053937
Registered at Companies House on 05/03/1996, number: 03169600

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
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
Volunteer management

Filing Record

20 returns made; AR14: 28 days late, AR10: 2 days late, AR08: 1 days late, AR07: 1 days late, AR05: 2 days late,

Main office

B:Music Ltd
Symphony Hall
8 Centenary Square
Birmingham
B1 2EA

Objectives

1. TO EDUCATE THE PUBLIC BY PROMOTING, FOSTERING AND ENCOURAGING THE KNOWLEDGE, UNDERSTANDING AND APPRECIATION OF THE ARTS AND IN PARTICULAR THE ART OF MUSIC. 2. TO EDUCATE AND TRAIN YOUNG PERSONS IN THE PERFORMANCE AND COMPOSITION OF MUSIC AND MUSIC DRAMA AND TO PROMOTE THE RECOGNITION AND ENCOURAGEMENT OF EXCEPTIONAL MERIT.

Defined Area of Benefit:

IN PRACTICE THE MIDLANDS

Data Sources

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