Finance Score: 0

Governance Score: -3

Support Score: 8

Liabilities <10%: +3
Excess liquidity: -1
Accounts overdue -5
Fundraising costs low: +3

Only 4 Trustees: -1
Narrow trustee age band: -2

Grant maker support: +8

Overall GiG Score: 5

COMMUNITY MUSIC LIMITED

Music Training and education

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers recently
This charity has a robust balance sheet
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
There are only 4 trustees
The Board has little diversity in terms of age

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end
Latest accounts are overdue for filing

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
31/03/22		£597	£488	£109	£43	£747	£657	16.1	6
31/03/21		£722	£529	£193	£53	£638	£522	11.8	6
31/03/20		£768	£713	£55	£56	£445	£412	6.9	6
31/03/19		£693	£598	£95	£60	£390	£371	7.4	6
31/03/18		£511	£502	£9	£90	£294	£286	6.8	6
31/03/17		£635	£625	£11	£101	£285	£272	5.2	6
31/03/16	*	£541	£475	£66	£96	£275	£246	6.2	6
31/03/15		£543	£499	£44	£13	£209	£192	4.6	6
31/03/14		£475	£432	£43	£0	£0	£0	n/a	0
31/03/13		£442	£393	£49	£0	£0	£0	n/a	0
31/03/12		£394	£401	£-7	£0	£0	£0	n/a	0
31/03/11		£339	£390	£-51	£0	£0	£0	n/a	0
31/03/10		£421	£324	£98	£0	£0	£0	n/a	0
31/03/09?	*	£432	£360	£72	£0	£0	£0	n/a	0
31/03/05		£536	£611	£-75	£0	£0	£0	n/a	0
31/03/04	*	£594	£598	£-4	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 7.1%
Fundraising Costs/Total Spending: 8.7%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 88%
Reserves/Spending: 16.1 months
Net Current Assets/Spending: 18 months
Quick Ratio: 48.5

Asset Split ?

Established: 38 years

www.cmsounds.com

rich@cmsounds.com

02073770621

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Provides services

Where it operates

Throughout England And Wales,

Who it helps

The General Public/Mankind

Who works here?

6 employees

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.

Major supporters in last 5 years

DCMS	£142,026
National Lottery Community Fund	£135,363
Youth Music	£36,943
City Bridge Trust	£8,680

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - Create 2020
£135,363	20/01/2023	This funding will be used to deliver specialised creative digital skills training and expert coaching for young people at risk of offending. The project will help young people improve their life ....more This funding will be used to deliver specialised creative digital skills training and expert coaching for young people at risk of offending. The project will help young people improve their life chances and employment opportunities.
City Bridge Trust - Grant to Community Music ltd
£8,680	08/12/2020	0
DCMS - Coronavirus Community Support Fund
£5,600	28/07/2020	"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more "The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
Youth Music - Mind the Music Plus
£28,543	03/07/2020	Mind the Music Plus
Youth Music - Coronavirus - Emergency Fund
£8,400	24/04/2020	Coronavirus - Emergency Fund - Adapting and staying inclusive
DCMS - Community Music Ltd
£136,426	01/04/2020	We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that 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. We invest public money from Government and The National Lottery to help support the sector and to deliver this vision.
DCMS - Community Music ltd
£137,046	01/04/2019	The creation of two digital music production studios incorporating a prefabricated industry-standard vocal booth and specialist analogue equipment. The studios will employ 95 square metres of unused ....more The creation of two digital music production studios incorporating a prefabricated industry-standard vocal booth and specialist analogue equipment. The studios will employ 95 square metres of unused office space in existing premises. The studios will increase CMs long-term resilience by enabling a significant expansion of digital access for young people normally excluded from music production and generating new sources of associated income.The art form addressed by this project is contemporary music and the conversion will begin in November 2019 and be completed in 12 weeks.
DCMS - Community Music Ltd
£133,961	01/04/2019	£1.6bn invested in the key arts and culture infrastrucure organisations in England for a 4 year period
Youth Music - Mind the Music
£29,883	28/06/2018	Mind the Music
DCMS - Community Music Ltd
£133,961	01/04/2018	Community Music Ltd
DCMS - Community Music Ltd
£33,490	01/04/2018	To support Community Music Ltd
BBC Children in Need - Grant to Community Music Ltd.
£28,980	13/11/2017 36	This project will deliver music-making workshops for 90 10-18 year olds who are experiencing mental ill health.The project aims to increase young people’s confidence, self-esteem and social skills ....more This project will deliver music-making workshops for 90 10-18 year olds who are experiencing mental ill health.The project aims to increase young people’s confidence, self-esteem and social skills whilst furthering their ability to engage in education.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Age Range of Trustees: 53-66

ADRIAN SYKES Appointed: 2022, Occupation: Music Industry Professional

EHSAN HAQUE Appointed: 2014, Occupation: Lawyer

HELEN SEARLE Appointed: 1999, Occupation: Solicitor

JOHN EUGENE PRINCE, Occupation: Accountant

Legal constitution

Charitable company registered in England & Wales on 24/04/1986, number: 293419
Registered at Companies House on 02/12/1985, number: 01967704

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

16 returns made; AR16: 1 days late, AR09: 115 days late, AR04: 107 days late,

Main office

THE BRADY ARTS CENTRE
192-196 HANBURY STREET
LONDON
E1 5HU

Objectives

TO PROMOTE MAINTAIN IMPROVE AND ADVANCE EDUCAION PARTICULARLY BY THE IMPROVEMENT AND DEVELOPMENT OF PUBLIC TASTE APPRECIATION AND UNDERSTANDING OF MUSIC PARTICULARLY OF JAZZ MUSIC BY THE CONDUCT OF CLASSES AND COURSES THE PRESENTATION OF CONCERTS THE PERFORMANCE OF MUSIC AND THE ENCOURAGEMENT OF THE ARTS INCLUDING THE ARTS OF MUSIC, SINGING, DANCE, DRAMA, LITERATURE, SCULPTURE AND PAINTING.

Defined Area of Benefit:

NOT DEFINED

Data Sources