THE FOUNDATION FOR YOUNG MUSICIANS
The Foundation for Young Musicians exists to support and secure the future of London's Centre for Young Musicians. The Centre for Young Musicians provides music tuition and courses for London schoolchildren in programmes that range from beginner level instrumental study to advanced training suitable for those aiming to study at conservatoire or university.
Objects
A) THE OBJECTS FOR WHICH THE COMPANY IS REGISTERED ARE TO PROMOTE, MAINTAIN, IMPROVE AND ADVANCE EDUCATION PARTICULARLY BY THE ENCOURAGEMENT OF THE ART OF MUSIC WITH SPECIAL REFERENCE TO THE EDUCATION AND TRAINING OF YOUNG MUSICIANS, PUPILS WHO HAVE OR MAY DISCOVER MUSICAL GIFTS OR APTITUDE AND OTHER PERSONS LIKELY TO BENEFIT THEREFROM THE PRACTICE AND PROVISION OF MUSIC, MUSICAL STUDIES AND RESEARCH RELATING THERETO AND ANY OTHER MATTERS WHICH CAM BE ACHIEVED BY CHARITABLE MEANS FOR CHARITABLE OBJECTS RELATING TO THE CREATION ENCOURAGEMENT TEACHING AND PERFORMANCE OF MUSIC INCLUDING WITHOUT LIMITATION THE ACQUISITION AND PROVISION OF FACILITIES INSTRUMENTS SCORES AND OTHER MEANS OF PERFORMANCE AND STUDY AND PLACES FOR SUCH PURPOSES AND THE RAISING AND PROVISION OF FUNDS THEREFORE AND FOR THOSE CHARITABLE PURPOSES OF THE CENTRE FOR YOUNG MUSICIANS OR ANY ORGANISATION SUCCEEDING TO OR CARRYING ON ITS BUSINESS WHICH THE DIRECTORS OF THE COMPANY CONSIDER IT PROPER TO ASSIST
Financial health, per its FY2026 accounts
The charity reported a significant increase in net income to £305,098, driven largely by substantial legacies totaling £372,500. Unrestricted reserves stood at £98,004, exceeding the trustees' stated policy target of £80,000. The accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The trustees aim to have a minimum of £80,000 unrestricted general funds available at any time; this being sufficient to cover an indemnity liability, and at least a full year's core operating costs.”
Policies the charity declares
- 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
- Risk management
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Government income: £28,000 — contracts £28,000 (1); 6% of the £485,297 total gross income on the same return
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Government income: £28,000 — grants £28,000 (1); 13% of the £214,547 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Government income: £28,000 — grants £28,000 (1); 24% of the £115,505 total gross income on the same return
Corporate structure
- Registered company of the charity Companies House 02552026
Funders the charity credits
- The Albert & Eugenie Frost Trust
Company officers (Companies House)
- BEST, Hubert Campbell Arthur Clinton on trustee list
- HARNIESS, Geoffrey on trustee list
- WARREN-GREEN, Christopher on trustee list
- BASSETT, Lisia Dawn on trustee list
- LAWSON, Nicholas St John on trustee list
- PRICE, Marcus Pierre on trustee list
- JENKINS, Ruth Elizabeth on trustee list
- O'GRADY, Neil
Register events
- Received assets from another charity (17/06/2024)
- Received assets from another charity (22/03/2024)
Trustees
- Christopher Warren-Greenchair
- GEOFFREY HARNIESS
- HUBERT BEST
- LISIA BASSETT
- MARCUS PRICE
- Nicholas Lawson
- RUTH JENKINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £485k | £180k |
| 31/03/2025 | £215k | £133k |
| 31/03/2024 | £116k | £109k |
| 31/03/2023 | £158k | £82k |
| 31/03/2022 | £96k | £140k |
Common questions
Is THE FOUNDATION FOR YOUNG MUSICIANS financially healthy?
Per its FY2026 accounts: The charity reported a significant increase in net income to £305,098, driven largely by substantial legacies totaling £372,500. Unrestricted reserves stood at £98,004, exceeding the trustees' stated policy target of £80,000. The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2026 accounts were independently examined.
Who funds THE FOUNDATION FOR YOUNG MUSICIANS?
Funders whose own accounts filings name THE FOUNDATION FOR YOUNG MUSICIANS as a grant recipient include THE BROOK TRUST, THE ALBERT AND EUGENIE FROST MUSIC TRUST CIO, DR RADCLIFFE'S TRUST, STANLEY PICKER TRUST, HYDE PARK PLACE ESTATE CHARITY.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/12/2005 | £5k | Centre For Young Musicians |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE KARLSSON JATIVA CHARITABLE FOUNDATION | 2 | £357k |
| THE SCOPS ARTS TRUST | 2 | £75k |
| THE ATHERTON FAMILY CHARITABLE TRUST | 2 | £70k |
| THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC | 2 | £45k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 2 | £25k |
| THE HAROLD HYAM WINGATE FOUNDATION | 2 | £23k |
| THE MARCHUS TRUST | 2 | £10k |
| THE JOHN THAW FOUNDATION | 2 | £3k |
Charities like this
- MUSIC FOR YOUTH
- THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS
- YORKSHIRE YOUNG MUSICIANS
- THE NATIONAL FOUNDATION FOR YOUTH MUSIC
- YOUTH MUSIC CENTRE
- Young Music Makers London Limited
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FOUNDATION FOR YOUNG MUSICIANS | £485k | — | 0 | above | — | no doubt |
| MUSIC FOR YOUTH | £686k | — | — | unclear | — | no doubt |
| THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS | £878k | £70,001 - £80,000 | 1 | above | — | no doubt |
| YORKSHIRE YOUNG MUSICIANS | £363k | — | 0 | above | — | no doubt |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | £13.3m | — | — | unclear | — | no doubt |
| YOUTH MUSIC CENTRE | £114k | — | 0 | unclear | — | no doubt |