KINGS PLACE MUSIC FOUNDATION
KPMF OPERATES FROM KINGS PLACE, A MIXED USE DEVELOPMENT IN KING'S CROSS OPERATIONAL FROM OCT 2008.KPMF PROVIDES MUSIC SPACES FOR PERFORMANCE, REHEARSAL AND EDUCATIONAL ACTIVITIES FOCUSING ON MUSICAL PERFORMANCE.A SIGNIFICANT PART OF KPMF'S PROGRAMME AIMS TO INTRODUCE MUSIC TO THE WIDEST POSSIBLE AUDIENCE, PARTICULARLY CHILDREN ATTENDING LOCAL SCHOOLS, LOCAL RESIDENTS AND YOUTH ORGANISATIONS.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded an operational deficit of £325,649 for the year ended 31 March 2025, resulting in a decrease in unrestricted reserves to £186,818. The Trustees note that current reserves fall short of their stated policy target of three months of critical expenses (£375,000), but they have a reasonable expectation of continuing as a going concern supported by a principal funder's commitment to cover future deficits.
What the accounts disclose
“Current level of reserves fell short of this policy and plans are in place to restore it in the short to medium term.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- PETER JOHN MILLICANchair
- Deborah Jude
- Jennifer Mitchell
- Jenny Fiona Goldie-Scot
- Martin Collins
- Penny Jonas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.8m | £5.1m |
| 31/03/2024 | £5.2m | £5.2m |
| 31/03/2023 | £4.7m | £4.7m |
| 31/03/2022 | £3.8m | £3.4m |
| 31/03/2021 | £2.9m | £3.1m |
Common questions
Is KINGS PLACE MUSIC FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded an operational deficit of £325,649 for the year ended 31 March 2025, resulting in a decrease in unrestricted reserves to £186,818. The Trustees note that current reserves fall short of their stated policy target of three months of critical expenses (£375,000), but they have a reasonable expectation of continuing as a going concern supported by a principal funder's commitment to cover future deficits. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Who funds KINGS PLACE MUSIC FOUNDATION?
Funders whose own accounts filings name KINGS PLACE MUSIC FOUNDATION as a grant recipient include PARABOLA FOUNDATION.
Shared trustees with funders
- Deborah Jude — trustee here and at PARABOLA FOUNDATION
- PETER JOHN MILLICAN — trustee here and at PARABOLA FOUNDATION
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| PARABOLA FOUNDATION | FY2024 | £711k | |
| PARABOLA FOUNDATION | FY2022 | £475k | |
| PARABOLA FOUNDATION | FY2023 | £315k | |
| PARABOLA FOUNDATION | FY2025 | £225k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Barnes Fund | 1 | £336k |
| THE SAINTBURY TRUST | 1 | £73k |
| HAMPTON FUEL ALLOTMENT | 1 | £62k |
| Richmond Foundation | 1 | £50k |
| THE MEDLOCK CHARITABLE TRUST | 1 | £45k |
| HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST | 1 | £33k |
| THE COMMUNITY FOUNDATION FOR WILTSHIRE & SWINDON | 1 | £27k |
| The Ashley Family Foundation | 1 | £19k |
Charities like this
- THE PREMISES MUSIC EDUCATION PROGRAMME
- WILTSHIRE MUSIC CENTRE TRUST LTD
- BRIDGES FOR MUSIC
- B:MUSIC LTD
- NORTHAMPTONSHIRE MUSIC AND PERFORMING ARTS TRUST
- THE ASSOCIATION FOR MUSIC IN INTERNATIONAL SCHOOLS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KINGS PLACE MUSIC FOUNDATION | £4.8m | — | — | below | — | no doubt |
| THE PREMISES MUSIC EDUCATION PROGRAMME | £170k | — | 0 | unclear | — | no doubt |
| WILTSHIRE MUSIC CENTRE TRUST LTD | £1.2m | — | 0 | unclear | — | no doubt |
| BRIDGES FOR MUSIC | £346k | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| B:MUSIC LTD | £13.6m | — | — | unclear | — | no doubt |
| NORTHAMPTONSHIRE MUSIC AND PERFORMING ARTS TRUST | £5.6m | — | — | below | — | no doubt |