AWARDS FOR YOUNG MUSICIANS
We work across a number of partnership programmes to enable musically talented young people from low income families to fulfil their potential.
Objects
TO ADVANCE PUBLIC EDUCATION AND APPRECIATION OF THE ART AND SCIENCE OF MUSIC WITH PARTICULAR EMPHASIS ON THE PROMOTION OF SPECIALIST MUSIC EDUCATION AMONGST CHILDREN AND YOUNG PERSONS UNDER THE AGE OF EIGHTEEN YEARS OLD IN PARTICULAR BUT NOT EXCLUSIVELY BY THE ESTABLISHMENT AND MAINTENANCE OF SCHOLARSHIPS AND OTHER AWARDS.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £671,142 exceed the charity's stated policy target of covering six months of operational costs. The charity reported a net income increase of 31% to £2,528,118, driven by growth in both restricted and unrestricted funds, with total expenditure rising proportionally to support programme expansion.
What the accounts disclose
“One employee earned between £90,000 and £99,999 during the year” — page 57
“One employee earned between £90,000 and £99,999 during the year” — page 57
“Unrestricted carried funds of £676,142 exceed the charity’s reserves policy target of covering 6 months operational costs” — page 42
“During the year, eleven trustees donated a total of £11,641 to the charity (2024: £2,850 from 3 trustees). No special trusts or conditions were imposed on this funding, it was under usual terms. Five trustees were reimbursed travel expenses totalling £1,783 (2024: £1,699 to 4 trustees)” — page 63
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "above" (FY2025).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 5
- Government income: £1,130,765 — grants £1,130,765 (23); 45% of the £2,528,118 total gross income on the same return
- Employees paid over £60,000: 1 (£90,001–£100,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 5
- Government income: £702,978 — grants £702,978 (21); 36% of the £1,931,842 total gross income on the same return
- Employees paid over £60,000: 1 (£90,001–£100,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 5
- Government income: £350,002 — grants £350,002 (12); 25% of the £1,403,828 total gross income on the same return
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
Corporate structure
- Registered company of the charity Companies House 03602851
Funders the charity credits
- Arts Council England
- Youth Music
- Aram Charitable Trust
Company officers (Companies House)
- HADDAD, Lawrence James on trustee list
- NUGENT, Ellen Christabel on trustee list
- HUME-SALIH, Joy Merina on trustee list
- CLAY, Stephen Anthony on trustee list
- HAMER-HODGES, Anthony Paul on trustee list
- AULAKH, Sehyogue on trustee list
- GRIME, Jessica Mary on trustee list
- CARBERT, Susan Margaret on trustee list
- FORBES, Julian Christopher on trustee list
- HOPE, Uta Maria Louise on trustee list
- CANAVAN, Fintan on trustee list
- HUMPHREYS, Karen Elizabeth on trustee list
- SHARPE QC, Thomas not on trustee list
- BEAMENT, Lynda on trustee list
- BROWN, Madelyn
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (03/03/2026)
- Received assets from another charity (01/11/2021)
Trustees
- Anthony Paul Hamer-Hodgeschair
- Ellen Christabel Nugent
- Fintan Canavan
- Jessica Mary Grime
- Joy Merina Hume-Salih
- Julian Forbes
- Karen Humphreys
- Lawrence James Haddad
- Lynda Beament
- Samuel Georghiou
- Sehyogue Aulakh
- Stephen Anthony Clay
- Susan Margaret Carbert
- Thomas Sharpe QC
- UTA HOPE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2.5m | £2.2m |
| 31/12/2024 | £1.9m | £1.7m |
| 31/12/2023 | £1.4m | £1.5m |
| 31/12/2022 | £1.4m | £1.4m |
| 31/12/2021 | £1.1m | £1.2m |
Common questions
Is AWARDS FOR YOUNG MUSICIANS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £671,142 exceed the charity's stated policy target of covering six months of operational costs. The charity reported a net income increase of 31% to £2,528,118, driven by growth in both restricted and unrestricted funds, with total expenditure rising proportionally to support programme expansion. Its FY2025 accounts were audited by Albert Goodman Chartered Accountants.
What does the highest-paid employee of AWARDS FOR YOUNG MUSICIANS earn?
Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band, and 1 employees earned over £60,000.
Who funds AWARDS FOR YOUNG MUSICIANS?
Funders whose own accounts filings name AWARDS FOR YOUNG MUSICIANS as a grant recipient include THE NATIONAL FOUNDATION FOR YOUTH MUSIC, THE KARLSSON JATIVA CHARITABLE FOUNDATION, THE SCOPS ARTS TRUST, Q CHARITABLE TRUST, ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 21/10/2021 | £6k | A grant to Awards for Young Musicians |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC | 2 | £50k |
| DR RADCLIFFE'S TRUST | 2 | £15k |
| THE JULIA RAUSING TRUST | 1 | £300k |
| THE UNDERWOOD TRUST | 1 | £95k |
| THE ATHERTON FAMILY CHARITABLE TRUST | 1 | £50k |
| THE BROOK TRUST | 1 | £40k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £35k |
| THE NORTHWICK TRUST | 1 | £28k |
Charities like this
- MUSIC FOR YOUTH
- OPEN UP MUSIC
- YORKSHIRE YOUNG MUSICIANS
- THE NATIONAL FOUNDATION FOR YOUTH MUSIC
- MUSICAL KEYS
- National Youth Music Theatre Ltd
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AWARDS FOR YOUNG MUSICIANS | £2.5m | £90,001 - £100,000 | 1 | above | — | no doubt |
| MUSIC FOR YOUTH | £686k | — | — | unclear | — | no doubt |
| OPEN UP MUSIC | £982k | — | — | unclear | — | no doubt |
| YORKSHIRE YOUNG MUSICIANS | £363k | — | 0 | above | — | no doubt |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | £13.3m | — | — | unclear | — | no doubt |
| MUSICAL KEYS | £289k | — | 0 | unclear | — | no doubt |