RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED

Registered charity 1090623 · accounts filings on the Charity Commission register · also known as RICHMOND MUSIC TRUST

To provide musical opportunities of the highest standard for young people and others in and around the London Borough of Richmond upon Thames.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£1.8m
Latest spending
£1.8m
Registered
2002
Accounts read
FY2025

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.

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

What the accounts disclose

Highest-paid employee band: more than £60,000 — below the median for charities its size (£70k)
“One employee, including directors, earned more than £60,000 during the year (2024: 1).” — page 40
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee, including directors, earned more than £60,000 during the year (2024: 1).” — page 40
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three month’s of unrestricted expenditure (held: £490k)
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Cooper Parry Group Limited. Discloses 6 of 6 completeness components.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.8m
Total spending
£1.8m
Cost of raising funds
£105k
Reserves (reported)
£494k
Employees
107

Reported reserves equal ~3.3 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (77% 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: 5.9% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Croydon · Hounslow · Kingston Upon Thames · Richmond Upon Thames · Sutton · Wandsworth

Income and spending

Financial year endIncomeSpending
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

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

FunderYearAmountPurpose (as stated by the funder)
The Barnes FundFY2024£328kEducation
HAMPTON FUEL ALLOTMENTFY2023£36kSubsidised music lessons and instrument hire for young people from families living on a low income
HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUSTFY2023£29kInstrument and equipment purchases
HAMPTON FUEL ALLOTMENTFY2022£26kContribution towards subsidised music tuition scheme for up to 100 children and young people attending schools in our area of benefit.
Richmond FoundationFY2024£25kGrant awarded in 2023/24
Richmond FoundationFY2023£25kEnhancing community cohesion
THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANSFY2022£15kScholarships
The Barnes FundFY2021£5kEducation - Organisation Core Funding
HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUSTFY2022£4kInstrument & equipment purchases
The Barnes FundFY2023£2kOrganisation Core Funding
The Barnes FundFY2022£1kOrganisation Core Funding

Government & lottery funding

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

FunderDateAmountPurpose
UK government20/07/2023£143kMusic Education Hub Funding
UK government20/07/2023£102kMusic Education Hub Funding
UK government20/03/2023£40kInvestment Funds
UK government20/03/2023£56kInvestment funds
UK government08/04/2022£56kInvestment funds
UK government24/03/2022£102kMusic Education Hub Funding
UK government24/03/2022£248kMusic Education Hub Funding
UK government18/08/2020£8kCoronavirus Community Support Fund

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 RICHMOND UPON THAMES VOLUNTARY FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED£1.8mmore than £60,0001unclear—no doubt
THE RICHMOND UPON THAMES VOLUNTARY FUND FY2025£264k—0unclear—no doubt
RICHMOND NATIONAL SCHOOLS TRUST FY2025£251k—0unclear—no doubt
RICHARD SHEPHARD MUSIC FOUNDATION FY2025£671k—0within—no doubt
The Royal Corps of Army Music Trust FY2026£159k—0unclear—no doubt
HOME-START RICHMOND, KINGSTON & HOUNSLOW FY2025£496k—0within—no doubt

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