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.
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).
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, THE EMMANUEL KAYE FOUNDATION, 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 JOHN THAW FOUNDATION | 3 | £5k |
| THE ATHERTON FAMILY CHARITABLE TRUST | 2 | £70k |
| MARIA BJORNSON MEMORIAL FUND | 2 | £15k |
| The Ashley Family Foundation | 2 | £14k |
| DR RADCLIFFE'S TRUST | 2 | £9k |
| THE GUYLL-LENG CHARITABLE TRUST | 1 | £455k |
| THE ROYAL NORTHERN COLLEGE OF MUSIC ENDOWMENT FUND | 1 | £372k |
| THE JULIA RAUSING TRUST | 1 | £300k |
Charities like this
- QUESTORS YOUNG MUSICIANS CLUB
- EARLY MUSIC AS EDUCATION
- THE NATIONAL FOUNDATION FOR YOUTH MUSIC
- THE NATIONAL YOUTH ORCHESTRA OF GREAT BRITAIN
- YOUTH MUSIC CENTRE
- GABRIELI
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 |
| QUESTORS YOUNG MUSICIANS CLUB | £102k | — | 0 | above | — | no doubt |
| EARLY MUSIC AS EDUCATION | £137k | — | 0 | within | — | no doubt |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | £13.3m | — | — | unclear | — | no doubt |
| THE NATIONAL YOUTH ORCHESTRA OF GREAT BRITAIN | £5.2m | — | — | unclear | — | no doubt |
| YOUTH MUSIC CENTRE | £114k | — | 0 | unclear | — | no doubt |