CCEW Charity Commission profile

BRITISH RECORD INDUSTRY TRUST

Registered charity 1000413 · organisation 1000413

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Charitable company
Registered
27 September 1990
Removed
Not supplied
Company number supplied
02372740
Financial period
1 January 2024 – 31 December 2024
Latest income
£1,537,466
Latest expenditure
£1,312,540
Gift Aid
No
Owns or uses land
No
In administration
No
Insolvent
No
CIO
No

Public contact address: Unit 4, Tileyard Studios, Tileyard Road, LONDON, N7 9AH

Website recorded by the regulator: www.brittrust.co.uk (displayed as text)

02 Activities

What the charity does

Founded by the recorded music industry in 1989, The BRIT Trust works to promote diversity and inclusion in the UK by empowering people of all backgrounds through music and the creative arts. The BRIT Trust makes donations to support education and wellbeing activities that inspire people to realise their full potential and life chances, whatever their abilities, ethnicity, gender and sexuality.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 January 2024
Fin Period End Date
31 December 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 October 2025
Date Annual Return Received
28 October 2025
Date Accounts Received
28 October 2025
Total Gross Income
£1,537,466
Total Gross Expenditure
£1,312,540
Fin Period Start Date
1 January 2023
Fin Period End Date
31 December 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 October 2024
Date Annual Return Received
22 October 2024
Date Accounts Received
22 October 2024
Total Gross Income
£1,819,594
Total Gross Expenditure
£1,037,602
Fin Period Start Date
1 January 2022
Fin Period End Date
31 December 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 October 2023
Date Annual Return Received
6 July 2023
Date Accounts Received
6 July 2023
Total Gross Income
£1,118,074
Total Gross Expenditure
£1,150,993
Fin Period Start Date
1 January 2021
Fin Period End Date
31 December 2021
Ar Cycle Reference
AR21
Reporting Due Date
31 October 2022
Date Annual Return Received
24 August 2022
Date Accounts Received
24 August 2022
Total Gross Income
£414,201
Total Gross Expenditure
£1,144,109
Fin Period Start Date
1 January 2020
Fin Period End Date
31 December 2020
Ar Cycle Reference
AR20
Reporting Due Date
31 October 2021
Date Annual Return Received
16 September 2021
Date Accounts Received
16 September 2021
Total Gross Income
£1,686,694
Total Gross Expenditure
£1,176,570

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR24
Fin Period Start Date
1 January 2024
Fin Period End Date
31 December 2024
Ar Due Date
31 October 2025
Ar Received Date
28 October 2025
Total Gross Income
£1,537,466
Total Gross Expenditure
£1,312,540
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR23
Fin Period Start Date
1 January 2023
Fin Period End Date
31 December 2023
Ar Due Date
31 October 2024
Ar Received Date
22 October 2024
Total Gross Income
£1,819,594
Total Gross Expenditure
£1,037,602
Grant Making Is Main Activity
Yes
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR22
Fin Period Start Date
1 January 2022
Fin Period End Date
31 December 2022
Ar Due Date
31 October 2023
Ar Received Date
6 July 2023
Total Gross Income
£1,118,074
Total Gross Expenditure
£1,150,993
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR21
Fin Period Start Date
1 January 2021
Fin Period End Date
31 December 2021
Ar Due Date
31 October 2022
Ar Received Date
24 August 2022
Total Gross Income
£414,201
Total Gross Expenditure
£1,144,109
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR20
Fin Period Start Date
1 January 2020
Fin Period End Date
31 December 2020
Ar Due Date
31 October 2021
Ar Received Date
16 September 2021
Total Gross Income
£1,686,694
Total Gross Expenditure
£1,176,570
Charity Raises Funds From Public
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
10

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR24
Fin Period Start Date
1 January 2024
Fin Period End Date
31 December 2024
Ar Due Date
31 October 2025
Ar Received Date
28 October 2025
Income Donations And Legacies
1140579
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
396887
Income Other
0
Income Total Income And Endowments
1537466
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£61,051
Expenditure Charitable Expenditure
£1,251,489
Expenditure Other
0
Expenditure Total
1312540
Expenditure Investment Management
61051
Expenditure Grants Institution
1228509
Expenditure Governance
17460
Expenditure Support Costs
22980
Expenditure Depreciation
0
Gain Loss Investment
0
Gain Loss Pension Fund
1253889
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£14,466,480
Assets Total Fixed
16129699
Assets Own Use
1
Assets Long Term Investment
16129698
Defined Benefit Pension Scheme
0
Assets Other Assets
£309,181
Assets Total Liabilities
£1,972,400
Assets Current Investment
0
Assets Total Assets And Liabilities
£14,466,480
Creditors One Year Total Current
972400
Creditors Falling Due After One Year
1000000
Assets Cash
£300,570
Funds Endowment
0
Funds Unrestricted
14466480
Funds Restricted
0
Funds Total
14466480
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR23
Fin Period Start Date
1 January 2023
Fin Period End Date
31 December 2023
Ar Due Date
31 October 2024
Ar Received Date
22 October 2024
Income Donations And Legacies
1492608
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
326986
Income Other
0
Income Total Income And Endowments
1819594
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£54,689
Expenditure Charitable Expenditure
£982,913
Expenditure Other
0
Expenditure Total
1037602
Expenditure Investment Management
54689
Expenditure Grants Institution
958141
Expenditure Governance
21723
Expenditure Support Costs
24772
Expenditure Depreciation
0
Gain Loss Investment
916850
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£1,040,077
Assets Total Fixed
13873672
Assets Own Use
1
Assets Long Term Investment
13873671
Defined Benefit Pension Scheme
0
Assets Other Assets
£959,344
Assets Total Liabilities
£1,845,351
Assets Current Investment
0
Assets Total Assets And Liabilities
£12,987,665
Creditors One Year Total Current
945351
Creditors Falling Due After One Year
900000
Assets Cash
£950,615
Funds Endowment
0
Funds Unrestricted
12987665
Funds Restricted
0
Funds Total
12987665
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR22
Fin Period Start Date
1 January 2022
Fin Period End Date
31 December 2022
Ar Due Date
31 October 2023
Ar Received Date
6 July 2023
Income Donations And Legacies
821370
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
296704
Income Other
0
Income Total Income And Endowments
1118074
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£57,194
Expenditure Charitable Expenditure
£1,093,799
Expenditure Other
0
Expenditure Total
1150993
Expenditure Investment Management
57194
Expenditure Grants Institution
1062476
Expenditure Governance
17280
Expenditure Support Costs
31323
Expenditure Depreciation
0
Gain Loss Investment
-2076252
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£206,100
Assets Total Fixed
13004847
Assets Own Use
1
Assets Long Term Investment
13004846
Defined Benefit Pension Scheme
0
Assets Other Assets
£136,710
Assets Total Liabilities
£1,852,734
Assets Current Investment
0
Assets Total Assets And Liabilities
£11,288,823
Creditors One Year Total Current
952734
Creditors Falling Due After One Year
900000
Assets Cash
£124,533
Funds Endowment
0
Funds Unrestricted
11288823
Funds Restricted
0
Funds Total
11288823
Count Employees
0
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR20
Fin Period Start Date
1 January 2020
Fin Period End Date
31 December 2020
Ar Due Date
31 October 2021
Ar Received Date
16 September 2021
Income Donations And Legacies
1379989
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
306705
Income Other
0
Income Total Income And Endowments
1686694
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£51,936
Expenditure Charitable Expenditure
£1,124,634
Expenditure Other
0
Expenditure Total
1176570
Expenditure Investment Management
51936
Expenditure Grants Institution
1103350
Expenditure Governance
21284
Expenditure Support Costs
11640
Expenditure Depreciation
0
Gain Loss Investment
-207276
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£12,615,538
Assets Total Fixed
13432983
Assets Own Use
0
Assets Long Term Investment
13432983
Defined Benefit Pension Scheme
0
Assets Other Assets
£978,945
Assets Total Liabilities
£1,796,390
Assets Current Investment
500000
Assets Total Assets And Liabilities
£12,615,538
Creditors One Year Total Current
896390
Creditors Falling Due After One Year
900000
Assets Cash
£478,945
Funds Endowment
0
Funds Unrestricted
12615538
Funds Restricted
0
Funds Total
12615538
Count Employees
0
Consolidated Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Region
Geographic Area Description
Throughout England
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Scotland
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Europe
Welsh Ind
No
Geographic Area Type
Country
Geographic Area Description
Northern Ireland
Parent Geographic Area Type
Continent
Parent Geographic Area Description
Europe
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
104
Classification Type
What
Classification Description
Disability
Classification Code
102
Classification Type
What
Classification Description
Education/training
Classification Code
201
Classification Type
Who
Classification Description
Children/young People
Classification Code
205
Classification Type
Who
Classification Description
Other Charities Or Voluntary Bodies
Classification Code
302
Classification Type
How
Classification Description
Makes Grants To Organisations
Classification Code
203
Classification Type
Who
Classification Description
People With Disabilities
Classification Code
109
Classification Type
What
Classification Description
Arts/culture/heritage/science
Classification Code
115
Classification Type
What
Classification Description
Human Rights/religious Or Racial Harmony/equality Or Diversity

08 Official extract

Charity Event History

Charity Name
BRITISH RECORD INDUSTRY TRUST
Charity Event Order
1
Event Type
Standard registration
Date Of Event
1990-09-27T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
MEMORANDUM AND ARTICLES INCORPORATED 17/03/1989AS AMENDED BY SPECIAL RESOLUTION(S) DATED 13/09/1990AS AMENDED BY SPECIAL RESOLUTION(S) DATED 07/06/2010AS AMENDED BY SPECIAL RESOLUTION(S) DATED 27/10/2014
Charitable Objects
TO PROMOTE SUCH EXCLUSIVELY CHARITABLE OBJECTS AS THE TRUST MAY FROM TIME TO TIME SEE FIT
Area Of Benefit
NOT DEFINED

10 Official extract

Charity Other Names

Charity Name Id
43892
Charity Name Type
Working name
Charity Name
BRIT TRUST

11 Official extract

Charity Policy

Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Investment
Policy Name
Conflicting interests
Policy Name
Trustee expenses policy and procedures
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Financial reserves policy and procedures
Policy Name
Risk management
Policy Name
Investing charity funds policy and procedures