THE FOUNDATION FOR YOUNG MUSICIANS

Registered charity 1000825 · accounts filings on the Charity Commission register

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

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Registered contact address: Lambeth, London, England (from the postcode on the register)

Latest income
£485k
Latest spending
£180k
Registered
1990
Accounts read
FY2026

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.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: a minimum of £80,000 unrestricted general funds available at any time (held: £98k)
“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.”
Per its FY2026 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

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

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE BROOK TRUSTFY2021£40k
THE ALBERT AND EUGENIE FROST MUSIC TRUST CIOFY2022£6k
DR RADCLIFFE'S TRUSTFY2024£5kFYM Bursary Fund
STANLEY PICKER TRUSTFY2023£5kSpecial Awards
STANLEY PICKER TRUSTFY2022£5kSpecial Awards
THE ALBERT AND EUGENIE FROST MUSIC TRUST CIOFY2024£5k
THE ALBERT AND EUGENIE FROST MUSIC TRUST CIOFY2023£5k
HYDE PARK PLACE ESTATE CHARITYFY2023£5kProviding relief for those in need or sickness and the advancement of life
HYDE PARK PLACE ESTATE CHARITYFY2025£3k
THE CHILDHOOD TRUSTFY2024£3k
THE MAGENI TRUSTFY2025£2k
HYDE PARK PLACE ESTATE CHARITYFY2024£2k
THE CHILDHOOD TRUSTFY2025£2k
Newcomen Collett Educational FoundationFY2025£2kGrant to Organisation
Newcomen Collett Educational FoundationFY2023£1kSchool Uniform/General
THE MAGENI TRUSTFY2022£1k
THE MAGENI TRUSTFY2024£1k
Newcomen Collett Educational FoundationFY2024£1kGrant
Newcomen Collett Educational FoundationFY2023£1kOther Grants
Newcomen Collett Educational FoundationFY2022£1kProjects/Equipment
THE MAGENI TRUSTFY2023£750
THE BROOK TRUSTFY2022amount not stated

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund14/12/2005£5kCentre For Young Musicians

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MUSIC FOR YOUTH.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE FOUNDATION FOR YOUNG MUSICIANS£485k—0above—no doubt
MUSIC FOR YOUTH FY2025£686k——unclear—no doubt
THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS FY2025£878k£70,001 - £80,0001above—no doubt
YORKSHIRE YOUNG MUSICIANS FY2025£363k—0above—no doubt
THE NATIONAL FOUNDATION FOR YOUTH MUSIC FY2025£13.3m——unclear—no doubt
YOUTH MUSIC CENTRE FY2025£114k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.