RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED
To provide musical opportunities of the highest standard for young people and others in and around the London Borough of Richmond upon Thames.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred an operating deficit of £20,028 for the year, resulting in a decrease in total funds to £521,686. Per the trustees' report, free reserves increased to £490,248, covering approximately 4.1 months of unrestricted expenditure, which the directors consider to be at a prudent level.
What the accounts disclose
“One employee, including directors, earned more than £60,000 during the year (2024: 1).” — page 40
“One employee, including directors, earned more than £60,000 during the year (2024: 1).” — page 40
“It is the policy of RMT to continue to seek to maintain free reserves of the charity, excluding the defined benefit pension scheme liability, at a prudent level equating to three month’s of unrestricted expenditure, as recommended by the Charity Commission.” — page 11
Corporate structure
- Registered company of the charity Companies House 04218180
Leadership, per the charity’s website
- Andreas Rosenboom — Head of Music Therapy
Funders the charity credits
- Arts Council England
- The Hunter Foundation
- The Utley Foundation
- Hounslow Short Breaks
- Momentum Children’s Charity
- London Music Fund
Company officers (Companies House)
- DAVIES, Grace Catherine on trustee list
- PRESTON, Nicola Jane on trustee list
- MILLEST, Sally Margaret on trustee list
- HUMPHREYS, Joanne Illonne on trustee list
- WILLAN, Peter James on trustee list
- HARNDEN, Jane Elizabeth on trustee list
- DODMAN, Hilary Frances on trustee list
- ROWLEY, Elizabeth on trustee list
- PRICE, Alan on trustee list
- PEIRSON, Caroline
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- PETER WILLANchair
- ALAN PRICE
- Cllr Joanne Illonne Humphreys
- ELIZABETH ROWLEY
- Grace Catherine Davies
- HILARY DODMAN
- JANE HARNDEN
- Nicola Jane Preston
- SALLY MARGARET MILLEST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £1.8m |
| 31/03/2024 | £1.7m | £1.6m |
| 31/03/2023 | £1.7m | £1.6m |
| 31/03/2022 | £1.5m | £1.4m |
| 31/03/2021 | £1.3m | £1.3m |
Common questions
Is RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred an operating deficit of £20,028 for the year, resulting in a decrease in total funds to £521,686. Per the trustees' report, free reserves increased to £490,248, covering approximately 4.1 months of unrestricted expenditure, which the directors consider to be at a prudent level. Its FY2025 accounts were audited by Cooper Parry Group Limited.
What does the highest-paid employee of RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the more than £60,000 band, and 1 employees earned over £60,000.
Who funds RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED?
Funders whose own accounts filings name RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED as a grant recipient include The Barnes Fund, HAMPTON FUEL ALLOTMENT, HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST, Richmond Foundation, THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| The Barnes Fund | FY2024 | £328k | Education |
| HAMPTON FUEL ALLOTMENT | FY2023 | £36k | Subsidised music lessons and instrument hire for young people from families living on a low income |
| HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST | FY2023 | £29k | Instrument and equipment purchases |
| HAMPTON FUEL ALLOTMENT | FY2022 | £26k | Contribution towards subsidised music tuition scheme for up to 100 children and young people attending schools in our area of benefit. |
| Richmond Foundation | FY2024 | £25k | Grant awarded in 2023/24 |
| Richmond Foundation | FY2023 | £25k | Enhancing community cohesion |
| THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS | FY2022 | £15k | Scholarships |
| The Barnes Fund | FY2021 | £5k | Education - Organisation Core Funding |
| HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST | FY2022 | £4k | Instrument & equipment purchases |
| The Barnes Fund | FY2023 | £2k | Organisation Core Funding |
| The Barnes Fund | FY2022 | £1k | Organisation Core Funding |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 20/07/2023 | £143k | Music Education Hub Funding |
| UK government | 20/07/2023 | £102k | Music Education Hub Funding |
| UK government | 20/03/2023 | £40k | Investment Funds |
| UK government | 20/03/2023 | £56k | Investment funds |
| UK government | 08/04/2022 | £56k | Investment funds |
| UK government | 24/03/2022 | £102k | Music Education Hub Funding |
| UK government | 24/03/2022 | £248k | Music Education Hub Funding |
| UK government | 18/08/2020 | £8k | Coronavirus Community Support Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MARCHUS TRUST | 2 | £9k |
| THE CHILDHOOD TRUST | 1 | £50k |
| THE PATRICIA AND DONALD SHEPHERD CHARITABLE TRUST | 1 | £40k |
| THE GEOFFREY AND PAULINE MARTIN TRUST | 1 | £32k |
| ED DE NUNZIO CHARITABLE TRUST | 1 | £30k |
| THE HARDING TRUST | 1 | £25k |
| EDWARDS FAMILY CHARITABLE TRUST | 1 | £22k |
| THE BOLTINI TRUST | 1 | £20k |
Charities like this
- THE RICHMOND UPON THAMES VOLUNTARY FUND
- RICHMOND NATIONAL SCHOOLS TRUST
- RICHARD SHEPHARD MUSIC FOUNDATION
- The Royal Corps of Army Music Trust
- HOME-START RICHMOND, KINGSTON & HOUNSLOW
- ROYAL CHORAL SOCIETY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED | £1.8m | more than £60,000 | 1 | unclear | — | no doubt |
| THE RICHMOND UPON THAMES VOLUNTARY FUND | £264k | — | 0 | unclear | — | no doubt |
| RICHMOND NATIONAL SCHOOLS TRUST | £251k | — | 0 | unclear | — | no doubt |
| RICHARD SHEPHARD MUSIC FOUNDATION | £671k | — | 0 | within | — | no doubt |
| The Royal Corps of Army Music Trust | £159k | — | 0 | unclear | — | no doubt |
| HOME-START RICHMOND, KINGSTON & HOUNSLOW | £496k | — | 0 | within | — | no doubt |