Overall GiG Score: 20 ?
Finance Score: 6
Governance Score: 9
Support Score: 5
  • Liabilities <10%: +3
  • Poor Liquidity: -1
  • Good Reserves: +1Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +5

PRO CORDA TRUST 

Pro Corda Trust exists to provide for and conduct the education of young persons and others in the whole art, philosophy and theory of music, particularly chamber music.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several 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
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available
Established: 18 years

www.procorda.com

mail@procorda.com

01728831354

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
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
30/09/22£678£687£-9£42£2,292£2,20638.5100
30/09/21£605£644£-39£33£2,262£2,21541.3100
30/09/20£417£539£-122n/an/an/an/an/a0
30/09/19£748£763£-15£64£2,423£2,22034.9120
30/09/18*£759£710£49£64£2,429£2,23437.7120
30/09/17£804£779£25£37£2,390£2,19733.8130
30/09/16£735£726£9£60£2,365£2,16835.8120
30/09/15£810£730£81£59£2,356£2,16435.6130
30/09/14£834£756£78£96£2,275£2,16234.3120
30/09/13£786£709£77£89£2,197£2,16236.6140
30/09/12£742£760£-19£91£1,970£1,96531100
30/09/11£793£811£-18£125£1,989£1,97929.3110
30/09/10£819£776£42£119£2,006£1,99330.8110
30/09/09£852£821£30£135£1,964£1,95828.6110
30/09/08£742£798£-56£168£1,934£1,91628.8140
30/09/07£647£711£-64£152£1,989£1,97633.4120

Financial Ratios
Fundraising Costs/Relevant Income: 6.4%
Fundraising Costs/Total Spending: 6.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 8%
Liabilities/Income: 29%
Unrestricted Funds/Total Funds: 96%
Reserves/Spending: 38.5 months
Net Current Assets/Spending: -3 months
Quick Ratio: 0.1
Asset Split ?
What it does
  • Arts/Culture/Heritage/Science
  • Disability
  • Education/Training
Who works here?
  • 10 employees
Who it helps
  • Children/Young People
  • People With Disabilities
How it operates
  • Makes Grants to Individuals
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Scotland, Throughout England And Wales,

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£90,500
Garfield Weston Foundation£20,000
Suffolk Community Foundation£2,256
Specific Donations
Amount When
Months
To be used for
Suffolk Community Foundation - Grant to Pro Corda Trust
£250 01/03/2021
Grant to Pro Corda Trust
Suffolk Community Foundation - Create Together! Online weekly workshops for Suffolk young people with disabilities
£2,006 09/04/2020
To support "Create Together" online weekly workshops for young people with disabilities. Covid19
DCMS - Pro Corda - UK's national chamber music venue
£60,000 01/04/2020
To support Arts and Culture throughout England
DCMS - National Chamber Music Venue for all
£30,500 01/04/2020
To support Arts and Culture throughout England
Garfield Weston Foundation - Main Grants award
£20,000 15/07/2019
Pro Corda 50th Anniversary Revenue Costs
BBC Children in Need - Grant to Pro Corda Trust
£53,743 27/06/2018
36
This project provides music and theatre residential weekends to disabled children and young people. The project will develop creative skills, improve peer relationships and develop future ....more
National Lottery Community Fund - Leiston Abbey Film Music Studio upgrade
£3,039 21/03/2018
12
The organisation will use the funding to improve the facilities of the group and provide more opportunities for students, including those with additional needs and disabilities, to learn music.
Lloyds Bank Foundation - Grant to Pro Corda Trust
£14,690 07/12/2017
12
Music charity providing specialist programmes for young people across the country with learning disabilities. Request is for funding to develop a Next Step work experience programme for young people ....more
Suffolk Community Foundation - Leiston Abbey Barn and Lady Chapel Access Project
£3,224 16/05/2017
A contribution towards improving the facilities to people with disabilities.
National Lottery Community Fund - TPP1 - Changing lives through music and film: Pro Corda Studio Project
£48,850 29/03/2016
12
They will receive £48,850 to deliver educational musical workshops for young people living with disabilities and special educational needs (SEN). They will explore creative ideas using a range of ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)
Current Trustees appointed
Gender Split
Based on 8/9 persons

Age Range of Trustees: 45-72
  • CHRISTOPHER ELKINS Appointed: 2023, Occupation: Director Of ‘Muso’ Arts Start-Up Consultant
  • KEITH DALEY Appointed: 2022, Occupation: Company Director
Legal constitution
  • Charitable company registered in England & Wales on 26/09/2006, number: 1116213
  • Registered at Companies House on 26/05/2006, number: 05829570
Gift Aid
  • 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; AR18: 38 days late,
Main office

PRO CORDA
LEISTON ABBEY HOUSE
THEBERTON
LEISTON
IP16 4TD

Objectives

TO PROVIDE FOR AND CONDUCT THE EDUCATION OF YOUNG PERSONS AND OTHERS IN THE WHOLE ART, PHILOSOPHY AND THEORY OF MUSIC, PARTICULARLY CHAMBER MUSIC, AND ANCILLARY TO THIS MAIN OBJECT BUT NOT FURTHER OR OTHERWISE THE CHARITY MAY DO ALL OR ANY OF THE FOLLOWING THINGS:A) ESTABLISH AND CARRY ON SCHOOLS OR COLLEGES FOR THE TEACHING INSTRUCTION ASSISTANCE OR ADVICE OF THE YOUNG AND PERSONS OF ALL AGES IN THE SAID ART PHILOSOPHY AND THEORY AND FOR THE TRAINING OF TEACHERS THEREIN WHETHER SUCH TEACHERS AND PERSONS ARE CONNECTED WITH THE CHARITY OR NOT AND TO PROVIDE FOR THE HOLDING OF CLASSES FOR STUDENTS AND OTHERS TO ENGAGE TEACHERS AND LECTURERS AND ALL OTHER PERSONS (WHETHER PAID OR HONORARY) FOR THE SAID PURPOSES OR ANY OF THEM;B) PROMOTE AND CARRY ON PUBLIC MEETINGS STUDY GROUPS CONFERENCE LECTURES CONCERTS DISPLAY EXHIBITIONS AND MUSICAL AND DRAMATIC PERFORMANCES AND BY THE CIRCULATION OF INFORMATION TO INVITE AND ENCOURAGE PUBLIC INTEREST IN AND SUPPORT OF THE CHARITY;C) ESTABLISH AND AWARD PRIZES AND SCHOLARSHIPS TO PUPILS OR INTENDING PUPILS FOR PROFICIENCY IN STUDIES AND FURTHER TO AWARD BURSARIES TO PUPILS OR INTENDING PUPILS TOWARDS THE FEES FOR ATTENDING THE FOREGOING ACTIVITIES OF THE CHARITY TAKING ACCOUNT IN SO DOING OF THE FINANCIAL MEANS OF THE PUPILS AND THEIR PARENTS OR GUARDIANS;D) TO PRINT PUBLISH AND CIRCULATE ANY PERIODICALS OR PAMPHLETS UPON OR IN RELATION TO ANY OF THE OBJECTS OF THE CHARITY.

Defined Area of Benefit:

NOT DEFINED IN PRACTICE NATIONAL

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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