THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS

Registered charity 1141216 · accounts filings on the Charity Commission register · also known as LONDON MUSIC FUND, MAYOR'S MUSIC FUND, MFYM

Trading as the "London Music Fund", the charity awards Scholarships to children with musical potential and commitment to learning an instrument, whose families are unable to afford the ongoing cost of tuition. It also funds Partnerships between music hubs, schools and professional arts organisations, addressing specific gaps in provision. Applications are only accepted from London Music Hubs.

Causes: Education/training · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds increased to £241,415, which the Trustees report is equivalent to 12 months of operating costs, exceeding their policy target of six months. Net current assets rose to £689,577, providing sufficient liquidity for efficient operations. The charity reported a net movement in funds of £13,626, driven by increased incoming resources from donations and fundraising.

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

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Year-over-year changes

• Reserves position vs the charity's own policy moved from "below" (FY2024) to "above" (FY2025).

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Funders the charity credits

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

• Amaryllis Fleming Foundation — “Amaryllis Fleming Foundation” (source page)
• Andrew Lloyd Webber Foundation — “Andrew Lloyd Webber Foundation” (source page)
• Atherton Family Charitable Trust — “Atherton Family Charitable Trust” (source page)
• Clore Duffield Foundation — “Clore Duffield Foundation” (source page)
• The Foyle Foundation — “The Foyle Foundation” (source page)
• The Garfield Weston Foundation — “The Garfield Weston Foundation” (source page)
• The Karlsson Játiva Charitable Foundation — “The Karlsson Játiva Charitable Foundation” (source page)
• Lehman Brothers’ Foundation — “Lehman Brothers’ Foundation” (source page)
• The Reverend Robert Hannay Trust — “The Reverend Robert Hannay Trust” (source page)

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

Structured financials (annual return, FY ending 31/07/2025)

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (92% 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: 5.2% of total income — above the median for charities its size (4.9%) (benchmarks).

Register events

• Received assets from another charity (07/03/2026) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• Baroness Fleet Veronica Wadley CBEchair
• Alethea Chia Jung Siow
• Alexander James Kwame George
• Emma Chamberlain · trustee of 1 other charity
• Howard Mason · trustee of 1 other charity
• Ivaylo Dimitrov Kolev
• James Nicholas Marsh
• Katya Gorbatiouk
• Kevin Leslie Gardiner
• Mary Jane Mycroft
• ROXANA-VIORICA MIRICA · trustee of 1 other charity
• Richard John Ewbank
• Richard Morris

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

Operates in: Throughout London

Income and spending

Common questions

Known funders

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

Government & lottery funding

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

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 FOUNDATION FOR YOUNG MUSICIANS.

• THE FOUNDATION FOR YOUNG MUSICIANS income £215k
• THE MAYOR'S FUND FOR LONDON income £2.9m
• EARLY MUSIC AS EDUCATION income £137k
• AWARDS FOR YOUNG MUSICIANS income £2.5m
• YORK MUSIC HUB income £338k
• RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED income £1.8m

Side by side with its peers

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