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.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £81,976 for the year ended 31 March 2025, driven by a large bequest and donations from a ceased charity. Unrestricted general funds increased to £81,585, which the trustees note is sufficient to cover at least a full year's core operating costs. The trustees confirm adequate resources for the foreseeable future, adopting the going concern basis of accounting.
What the accounts disclose
“The trustees aim to have a minimum of £50,000 unrestricted general funds available at any time; this being sufficient to cover at least a full year's core operating costs.”
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 |
|---|---|---|
| 31/03/2025 | £215k | £133k |
| 31/03/2024 | £116k | £109k |
| 31/03/2023 | £158k | £82k |
| 31/03/2022 | £96k | £140k |
| 31/03/2021 | £110k | £128k |
Common questions
Is THE FOUNDATION FOR YOUNG MUSICIANS financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £81,976 for the year ended 31 March 2025, driven by a large bequest and donations from a ceased charity. Unrestricted general funds increased to £81,585, which the trustees note is sufficient to cover at least a full year's core operating costs. The trustees confirm adequate resources for the foreseeable future, adopting the going concern basis of accounting. Its FY2025 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 ALBERT AND EUGENIE FROST MUSIC TRUST CIO, STANLEY PICKER TRUST, DR RADCLIFFE'S TRUST, HYDE PARK PLACE ESTATE CHARITY, THE CHILDHOOD TRUST.
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 ATHERTON FAMILY CHARITABLE TRUST | 2 | £70k |
| COLWINSTON CHARITABLE TRUST | 2 | £42k |
| THE KIRBY LAING FOUNDATION | 2 | £34k |
| MISSES BARRIE CHARITABLE TRUST | 2 | £17k |
| The Ashley Family Foundation | 2 | £14k |
| THE JOHN THAW FOUNDATION | 2 | £3k |
| THE GUYLL-LENG CHARITABLE TRUST | 1 | £455k |
Charities like this
- YOUTH MUSIC CENTRE
- THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS
- THE NATIONAL FOUNDATION FOR YOUTH MUSIC
- QUESTORS YOUNG MUSICIANS CLUB
- THE NATIONAL YOUTH ORCHESTRA OF GREAT BRITAIN
- EARLY MUSIC AS EDUCATION
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 | £215k | — | 0 | unclear | — | no doubt |
| YOUTH MUSIC CENTRE | £114k | — | 0 | unclear | — | no doubt |
| THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS | £878k | £70,001 - £80,000 | 1 | above | — | no doubt |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | £13.3m | — | — | unclear | — | no doubt |
| QUESTORS YOUNG MUSICIANS CLUB | £102k | — | 0 | above | — | no doubt |
| THE NATIONAL YOUTH ORCHESTRA OF GREAT BRITAIN | £5.2m | — | — | unclear | — | no doubt |