THE JULIAN BREAM TRUST
Advancement and promotion for the appreciation and understanding of the art and science of music and musical education.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £5,111,433, which the trustees consider sufficient to meet annual expenditure and respond to emergency applications. The charity generated a net gain of £31,221 for the year, driven by investment income and gains, despite charitable expenditure exceeding incoming resources from donations and investments.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds (free reserves) at a level which, on investment, generates sufficient income to meet annual expenditure and cover management and administration costs and to respond to emergency applications for grants which arise from time to time.” — page 5
“Michael Lewin is Head of Guitar at the Royal Academy of Music. Gary Ryan is Head of Strings and Guitar Professor at the Royal College of Music. John Mills is Guest Tutor for Guitar at the Royal Welsh College of Music and Drama. All three institutions put forward nominees for scholarships from the Trust. These trustees do not take part in the decisions on such awards.” — page 6
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- FIONA WALWYN SOUTHEY ROGERS
- Gary Sean Ryan
- John Mills
- MICHAEL DAVID LEWIN
- SUSAN ELIZABETH DE CANDOLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £125k | £149k |
| 31/03/2024 | £124k | £210k |
| 31/03/2023 | £94k | £59k |
| 31/03/2022 | £4.4m | £52k |
| 31/03/2021 | £4k | £40k |
Common questions
Is THE JULIAN BREAM TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £5,111,433, which the trustees consider sufficient to meet annual expenditure and respond to emergency applications. The charity generated a net gain of £31,221 for the year, driven by investment income and gains, despite charitable expenditure exceeding incoming resources from donations and investments. Its FY2025 accounts were independently examined.