THE IRENE TAYLOR TRUST

Registered charity 1073105 · accounts filings on the Charity Commission register · also known as MUSIC IN PRISONS

The Irene Taylor Trust 'Music in Prisons' has been working at the forefront of arts and rehabilitation since 1995, bringing creative music projects to men and women of all ages in prisons throughout the UK. The Trust now also works with ex-prisoners and young people on the fringes of the criminal justice system in the community.

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Latest income
£440k
Latest spending
£581k
Registered
1998
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit for the year of £141,222, resulting in unrestricted reserves of £72,379. This reserve level fell below the stated policy target of five to eight months' running costs, though the trustees note that recent multi-year grants have returned the position to within the target range for the subsequent year.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £72k; policy: five and eight months’ running costs)
“Although this fell below the target range, the cash-flow position and funding pipeline was monitored closely throughout the year” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

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

Public-sector contracts awarded

From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2024)

Total income
£529k
Total spending
£506k
Cost of raising funds
£66k
Reserves (reported)
£104k
Employees
6

Reported reserves equal ~2.5 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (59% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 12.5% of total income — in the top quarter for charities its size (median 2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£440k£581k
31/03/2024£529k£506k
31/03/2023£411k£521k
31/03/2022£415k£446k
31/03/2021£376k£355k

Common questions

Is THE IRENE TAYLOR TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit for the year of £141,222, resulting in unrestricted reserves of £72,379. This reserve level fell below the stated policy target of five to eight months' running costs, though the trustees note that recent multi-year grants have returned the position to within the target range for the subsequent year. Its FY2025 accounts were independently examined.

Who funds THE IRENE TAYLOR TRUST?

Funders whose own accounts filings name THE IRENE TAYLOR TRUST as a grant recipient include SWIRE 2765, FISHMONGERS' COMPANY'S CHARITABLE TRUST, THE A B CHARITABLE TRUST, BUCKINGHAMSHIRE COMMUNITY FOUNDATION, THE THREE OAKS TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
SWIRE 2765FY2022£30k
SWIRE 2765FY2023£30k
FISHMONGERS' COMPANY'S CHARITABLE TRUSTFY2025£30kPrison educational grants
FISHMONGERS' COMPANY'S CHARITABLE TRUSTFY2024£30kPrison educational grants
FISHMONGERS' COMPANY'S CHARITABLE TRUSTFY2023£30kPrison educational grants
THE A B CHARITABLE TRUSTFY2024£15k
BUCKINGHAMSHIRE COMMUNITY FOUNDATIONFY2024£10kArts and culture
THE THREE OAKS TRUSTFY2025£10k
THE SHELDON TRUSTFY2024£10kYouth Development
FISHMONGERS' COMPANY'S CHARITABLE TRUSTFY2022£10kEducational grants
THE GRAND LODGE OF MARK MASTER MASONS' FUND OF BENEVOLENCEFY2025£8kGrant to other charities
THE HAROLD HYAM WINGATE FOUNDATIONFY2024£5k
THE ASAMAA CHARITABLE TRUSTFY2026£5kMusic education
THE CHRISTOPHER AND HENRY OLDFIELD TRUSTFY2023£4k
THE HOBSON CHARITY LIMITEDFY2024£4kRehabilitation
THE LAMBERT CHARITABLE TRUSTFY2024£3kEducation
THE LAMBERT CHARITABLE TRUSTFY2025£3kEducation
THE LAMBERT CHARITABLE TRUSTFY2022£3kEducation
THE LAMBERT CHARITABLE TRUSTFY2023£3kEducation
THE CHRISTOPHER AND HENRY OLDFIELD TRUSTFY2022£2k
THE OAKDALE TRUSTFY2024£2k
THE GRAND LODGE OF MARK MASTER MASONS' FUND OF BENEVOLENCEFY2024£500

Government & lottery funding

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

FunderDateAmountPurpose
A B Charitable Trust05/06/2026£25kA grant to The Irene Taylor Trust
The National Lottery Community Fund21/04/2026£219kCreating musical communities impacted by the criminal justice system
A B Charitable Trust10/07/2025£25kA grant to The Irene Taylor Trust
City Bridge Foundation06/02/2025£75kGrant to The Irene Taylor Trust
A B Charitable Trust04/07/2023£15kA grant to The Irene Taylor Trust
Postcode Lottery03/04/2023£12kUnrestricted Funding
UK government18/08/2020£10kCoronavirus Community Support Fund
Greater London Authority01/10/2018£54kYoung Londoners Fund
The National Lottery Community Fund15/07/2015£285kSounding Out
The National Lottery Community Fund24/11/2006£8kMusic In Prisons

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 THE KOESTLER TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE IRENE TAYLOR TRUST£440k—0below—no doubt
THE KOESTLER TRUST FY2025£964k£70,001 - £80,0001unclear—no doubt
HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST FY2025£638k—0unclear—no doubt
LIBERTY CHOIR UK FY2025£443k—0above—no doubt
VALERIE TAYLOR TRUST FY2025£247k—0unclear—no doubt
RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED FY2025£1.8mmore than £60,0001unclear—no doubt

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