Finance Score: -25

Governance Score: -11

Support Score: 3

Poor Liquidity: -1
Pension deficit: -1
Accounts overdue -5
Accounts filed more than 5 days late: -3 times
Multiple Deficits and declines: -5
Dormant: -10

Submission defaults: -10
No conflicts policy: -1
Static board: -3
Gender balanced board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: -33

BOROUGH MUSIC SCHOOL

Borough Music School is a local charity that provides comprehensive music education for children in the diverse and multicultural London Borough of Southwark. Founded in 1995 by the late Anne Worsley, the school offers individual and group music lessons at a subsidised cost for children aged 3.5-16 years.

Analysis by Giving is Great

Positives:

The charity has received Government grants
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

There have been multiple defaults for filing returns
This charity does not have a Conflict of Interests policy
The Board composition appears to be rather static

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
There is a pension deficit of £0
Latest accounts are overdue for filing and returns have been filed late on 3 occasions over the last 5 years
Income has been volatile and on several occasions in recent years less than spending
This charity appears to be dormant

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	Volun- teers
31/03/18		£28	£36	£-8	£0	£0	£0	n/a	5
31/03/17		£25	£37	£-11	£0	£0	£0	n/a	10
31/03/16	*	£54	£37	£18	£0	£0	£0	n/a	10
31/03/15	*	£51	£42	£8	£0	£0	£0	n/a	10
31/03/14	*	£62	£59	£3	£0	£0	£0	n/a	20
31/03/13	*	£57	£57	£-1	£0	£0	£0	n/a	0
31/03/12	*	£50	£73	£-24	£0	£0	£0	n/a	0
31/03/11	*	£81	£67	£14	£0	£0	£0	n/a	0
31/03/10		£58	£49	£9	£0	£0	£0	n/a	0
31/03/09		£38	£49	£-11	£0	£0	£0	n/a	0
31/03/08		£53	£47	£5	£0	£0	£0	n/a	0
31/03/07	*	£34	£40	£-6	£0	£0	£0	n/a	0
31/03/06		£26	£28	£-2	£0	£0	£0	n/a	0
31/03/05	*	£23	£27	£-5	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: NAN%
Liabilities/Income: 0%
Unrestricted Funds/Total Funds: NAN%
Reserves/Spending: 0 months
Net Current Assets/Spending: 0 months
Quick Ratio: NAN

Asset Split ?

Established: 24 years

www.boroughmusicschool.org

admin@boroughmusicschool.org

02079289521

Charity Commission for England and Wales

This Charity appears to be dormant

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Provides services

Where it operates

Southwark,

Who it helps

Children/Young People

Who works here?

Unknown number of employees
5 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

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

Specific Donations

Amount	When Months	To be used for
London Borough of Southwark - Grant to Borough Music School
£3,450	01/04/2020	Neighbourhoods Fund - North West grant from the Environment & Leisure department for Community music celebration project

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Based on 5/6 persons

ESVA MENSAH (Chair)

DAVID JONES Appointed: 2014

FREDERIK POKU Appointed: 2014

ISABEL LLORENTE Appointed: 2016

VALERIE RAMOS Appointed: 2018

PETER COOKE Appointed: 2014

Legal constitution

Charity registered in England & Wales on 31/07/2000, number: 1081779

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Risk management
Safeguarding vulnerable beneficiaries

Filing Record

14 returns made; AR16: 144 days late, AR15: 356 days late, AR14: 213 days late, AR13: 2 days late, AR12: 0 days late, AR11: 146 days late, AR07: 1 days late, AR05: 29 days late,

Main office

BLACKFRIARS SETTLEMENT
1 Rushworth Street
LONDON
SE1 0RB

Objectives

TO ADVANCE THE EDUCATION OF YOUNG PEOPLE IN THE LONDON BOROUGH OF SOUTHWARK AND THE SURROUNDING AREAS, IN THE THEORY, PRACTICE AND APPRECIATION OF MUSIC, BY THE PROVISION OF INSTRUMENTAL TUITION AND ENSEMBLE PRACTICE.

Defined Area of Benefit:

SOUTHWARK AND THE SURROUNDING AREAS

Data Sources