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.

Objects

THE CHARITY'S OBJECTS ARE:TO BENEFIT THE PUBLIC THROUGH THE PROMOTION AND ENHANCEMENT OF THE MUSICAL EDUCATION AND DEVELOPMENT OF YOUNG PEOPLE BY ANY MEANS AND IN ANY SOCIALLY INCLUSIVE CONTEXT.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Southwark, London, England (from the postcode on the register)

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.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

• Registered company of the charity Companies House 07530077 · Financial health read from its filings

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)

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.

• KOLEV, Ivaylo Dimitrov — director, appointed 01/12/2025on trustee list
• MIRICA, Roxana-Viorica — director, appointed 02/11/2023on trustee list
• MYCROFT, Mary Jane — director, appointed 28/07/2022on trustee list
• MARSH, James Nicholas, Mr. — director, appointed 10/07/2022on trustee list
• SIOW, Alethea Chia Jung — director, appointed 15/12/2021on trustee list
• MASON, Howard — director, appointed 09/02/2021on trustee list
• EWBANK, Richard John — director, appointed 09/02/2021on trustee list
• GEORGE, Alexander James Kwame — director, appointed 10/11/2020on trustee list
• GORBATIOUK, Katya — director, appointed 07/07/2020on trustee list
• CHAMBERLAIN, Emma Jane Mary — director, appointed 23/05/2018on trustee list
• MORRIS, Richard Francis Maxwell — director, appointed 15/02/2011on trustee list
• WADLEY, Veronica Judith Colleton, Baroness Fleet — director, appointed 15/02/2011not on trustee list

Official officers record.

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
• 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.

Grants marked “Unverified read” were flagged by automated checks as possibly misread from the funder’s filed accounts. They are listed, but left out of the totals, counts and funder relationships this site computes.

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 £485k
• THE LOAN FUND FOR MUSICAL INSTRUMENTS income £81k
• YORKSHIRE YOUNG MUSICIANS income £363k
• THE MUSIC FOR SCHOOLS FOUNDATION income £608k
• MUSIC OF LIFE FOUNDATION income £524k
• AWARDS FOR YOUNG MUSICIANS income £2.5m

Side by side with its peers

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