THE EXETER & DISTRICT CLASSICAL MUSIC TRUST
For the advancement of education in classical music by the provision of grants or bursaries toward the cost of public professional performances, training or education in music, the development, upkeep and maintenance of venues providing such performances in Exeter and it's surrounding districts
Objects
THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST FOR THE ADVANCEMENT OF EDUCATION IN CLASSICAL MUSIC, IN PARTICULAR BUT NOT EXCLUSIVELY BY: 1. THE PROVISION OF GRANTS TOWARDS THE COST OF PUBLIC PROFESSIONAL PERFORMANCES2. THE PROVISION OF GRANTS OR BURSARIES FOR TRAINING AND EDUCATION IN MUSIC3. THE PROVISION OF GRANTS TO ASSIST IN THE DEVELOPMENT, UPKEEP AND MAINTENANCE OF VENUES PROVIDING SUCH PERFORMANCES4. THE PAYMENTS OF SUCH OTHER ITEMS OR FACILITIES IN FURTHERANCE OF THE OBJECT OF THE CHARITY AS SHALL BE EXCLUSIVELY CHARITABLE AND AS THE TRUSTEES SHALL THINK FIT
Financial health, per its FY2026 accounts
The accounts state that total unrestricted receipts increased to £77,547 while unrestricted payments rose to £83,449, resulting in a net deficit for the year. However, the charity's total funds increased to £2,651,472, supported by significant investment holdings. The trustees confirm that systems are in place to mitigate risks and that reserves are maintained to respond to assistance requests.
What the accounts disclose
“It is the policy of the trustees to maintain reserves at a level appropriate to the Trust's operations. Reserves are maintained at such a level as to be able to respond to any requests for assistance.” — page 5
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2026
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Trustees
- Abigail Chubb
- Claire Whewell
- DAVID FERENS BATTY
- David McClelland Chubb
- JOHN CHRISTOPHER CROWLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2026 | £78k | £83k |
| 05/04/2025 | £59k | £53k |
| 05/04/2024 | £70k | £59k |
| 05/04/2023 | £57k | £71k |
| 05/04/2022 | £56k | £15k |
Common questions
Is THE EXETER & DISTRICT CLASSICAL MUSIC TRUST financially healthy?
Per its FY2026 accounts: The accounts state that total unrestricted receipts increased to £77,547 while unrestricted payments rose to £83,449, resulting in a net deficit for the year. However, the charity's total funds increased to £2,651,472, supported by significant investment holdings. The trustees confirm that systems are in place to mitigate risks and that reserves are maintained to respond to assistance requests. Its FY2026 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ANDREW LLOYD WEBBER FOUNDATION | 1 | £1.6m |
| THE CHARLES WOLFSON CHARITABLE TRUST | 1 | £900k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £60k |
| MUKUL MADHAV FOUNDATION UK | 1 | £30k |
| THE ALBERT AND EUGENIE FROST MUSIC TRUST CIO | 1 | £30k |
| SCOULOUDI FOUNDATION | 1 | £25k |
| THE JOHN S COHEN FOUNDATION | 1 | £17k |
| THE HAROLD HYAM WINGATE FOUNDATION | 1 | £11k |
Charities like this
- LUCILLE GRAHAM TRUST LIMITED
- THE ACADEMY OF ANCIENT MUSIC
- EAST LONDON SCHOOL OF CLASSICAL MUSIC
- THE MUSIC IN SECONDARY SCHOOLS TRUST
- NONCLASSICAL
- THE ABSOLUTE MUSIC TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE EXETER & DISTRICT CLASSICAL MUSIC TRUST | £78k | — | 0 | unclear | — | no doubt |
| LUCILLE GRAHAM TRUST LIMITED | £35k | — | 0 | unclear | — | no doubt |
| THE ACADEMY OF ANCIENT MUSIC | £1.2m | — | — | unclear | — | no doubt |
| EAST LONDON SCHOOL OF CLASSICAL MUSIC | £55k | — | 0 | unclear | — | no doubt |
| THE MUSIC IN SECONDARY SCHOOLS TRUST | £1.3m | — | — | unclear | — | no doubt |
| NONCLASSICAL | £196k | — | 0 | above | — | no doubt |