Finance Score: 7
Governance Score: -1
Support Score: 4
  • Liabilities <10%: +3
  • Large legacies income: +1
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Overall weighted support: +4
Overall GiG Score: 10 ?

AMSCORDI LIMITED

International master classes and seminars for classical musicians.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from a grant maker
  • This charity has a robust balance sheet
  • This charity has received considerable income from legacies in recent years
  • Spending has increased over the last 3 years relative to the previous period
  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

  • There are 13 trustees whereas the Charities Commission recommends a maximum of 12

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
31/10/23£637£537£100£1£1,740£2786.22100
31/10/22£1,153£433£720£0£1,704£2206.1250
31/10/21£269£248£21n/an/an/an/an/an/a
31/10/20£515£169£346£0£916£23516.7310
31/10/19£422£387£35n/an/an/an/an/an/a
31/10/18£369£358£11n/an/an/an/an/an/a
31/10/17£491£385£106n/an/an/an/an/an/a
31/10/16£411£349£61n/an/an/an/an/an/a
31/10/15*£374£339£34n/an/an/an/an/an/a
31/10/14£357£331£25n/an/an/an/an/an/a
31/10/13£393£328£65n/an/an/an/an/an/a
31/10/12£334£331£2n/an/an/an/an/an/a
31/10/11£307£282£25n/an/an/an/an/an/a
31/10/10£253£260£-7n/an/an/an/an/an/a
31/10/09£237£236£1n/an/an/an/an/an/a
31/10/08£241£265£-23n/an/an/an/an/an/a
31/10/07£259£253£6n/an/an/an/an/an/a
31/10/06*£251£247£4n/an/an/an/an/an/a
31/10/05£242£229£13n/an/an/an/an/an/a
31/10/04£260£238£22n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 17%
Unrestricted Funds/Total Funds: 16%
Reserves/Spending: 6.2 months
Net Current Assets/Spending: 21 months
Quick Ratio: 9.1
Asset Split ?
Balance Sheet History
Established: 49 years

www.i-m-s.org.uk

rosie@i-m-s.org.uk

02076204405

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
GiG Classification
  • International poverty relief
How it operates
  • Makes grants to individuals
  • Provides services
Where it operates
  • Bath And North East Somerset, Bristol City, Cambridgeshire, Cornwall, Staffordshire, Throughout London, West Sussex,
Who it helps
  • Children/Young People
  • The General Public/Mankind

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
The Foyle Foundation£25,000
The Grocers' Charity£2,000
Trusthouse Charitable Foundation£1,000
Specific Donations
Amount When
Months
To be used for
The Foyle Foundation - Arts
£15,000 01/03/2024
as core funding to fund the new Marketing and Administration Co-ordinator and as a contribution towards the salary of the Development and Outreach Manager for one year
Trusthouse Charitable Foundation - Grant to IMS Prussia Cove (Amscordi Ltd)
£1,000 07/07/2022
Towards the running costs for a charity providing development opportunities to young musicians and bringing classical music to audiences in Cornwall.
The Grocers' Charity - 2021 - International Musicians Seminar (IMS) Prussia Cove
£2,000 04/02/2021
Towards programme costs to support masterclass seminars in a remote part of Cornwall, bringing up to 50 emerging musicians together each year to study, rehearse and perform.
The Foyle Foundation - Arts
£10,000 24/11/2020
towards core costs over the next 12 months (awarded grant in response to coronavirus)
The Foyle Foundation - Arts
£15,000 02/07/2019
towards the salary costs of the General Manager for one year from November 2019

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)
Current Trustees appointed
Gender Split

Age Range of Trustees: 51-98
  • ALEXANDRA MAUND Appointed: 2017, Occupation: Teacher
  • BOB BOAS, Occupation: Retired
  • DAVID CAIRNS CBE, Occupation: Music Critic/Journalist
  • DAVID WHELTON OBE
  • FRANK MAMPAEY Appointed: 2015, Occupation: Finance Director
  • GILBERT JOHN RETZ MCCABE Appointed: 1996, Occupation: Company Director
  • HELENA ALICE TERESA NEWMAN Appointed: 2022, Occupation: Art Expert
  • JOHN GILHOOLY Appointed: 2015, Occupation: 2013
  • JOHN PETER TUNSTALL-BEHRENS Appointed: 2019, Occupation: Landlord
  • JONATHAN GAISMAN QC
  • MR M G SMITH, Occupation: Company Director And Investor
  • MARIA LUCAS-TOOTH Appointed: 2013, Occupation: Manager
  • SIMON ROWE Appointed: 2021, Occupation: Investment Manager
Legal constitution
  • Charitable company registered in England & Wales on 27/10/1975, number: 270204
  • Registered at Companies House on 17/09/1975, number: 01226660
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR15: 1 days late, AR06: 363 days late,
Main office

32 GRAFTON SQUARE
LONDON
SW4 0DB

Objectives

TO EDUCATE THE PUBLIC IN THE ARTS, ESPECIALLY THE ART OF MUSIC AND FOR OTHER CHARITABLE PURPOSES BENEFICIAL TO THE COMMUNITY.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving

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