UD Music Foundation
To advance the education of young people in the subject of contemporary Black music genres and to act as a resource for people living in east London by providing advice and assistance and organising programmes of educational, vocational and other talent development activities.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £56,243 for the year, resulting in total funds decreasing from £2,016,318 to £1,960,075. The filing notes that the charity is entitled to exemption from audit and has been examined by an independent examiner who found no matters requiring attention. The organization remains in continuing operations with unrestricted funds of £1,895,427.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 £ 2024 £ £70,001 - £80,000 1 £90,001 - £100,000 1 2 -” — page 23
“Grants Charitable Activities 378,985”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr ANNE-MARIE IMAFIDONchair
- Genia Davy
- Harnek Pamma
- Lisa Buchan
- Naa-Odoley Ntodi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £763k | £819k |
| 31/03/2024 | £815k | £885k |
| 31/03/2023 | £2.6m | £496k |
| 31/03/2022 | £321k | £305k |
| 31/03/2021 | £117k | £104k |
Common questions
Is UD Music Foundation financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £56,243 for the year, resulting in total funds decreasing from £2,016,318 to £1,960,075. The filing notes that the charity is entitled to exemption from audit and has been examined by an independent examiner who found no matters requiring attention. The organization remains in continuing operations with unrestricted funds of £1,895,427. Its FY2025 accounts were independently examined.
Who funds UD Music Foundation?
Funders whose own accounts filings name UD Music Foundation as a grant recipient include THE HAROLD HYAM WINGATE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE HAROLD HYAM WINGATE FOUNDATION | FY2024 | £6k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/12/2024 | £20k | Free Yard |
| UK government | 17/08/2023 | £750 | Investment funds |
| UK government | 23/03/2023 | £42k | National Youth Music Organisations |
| UK government | 23/03/2023 | £42k | National Youth Music Organisations |
| UK government | 13/10/2022 | £287k | National Portfolio Organisations |
| UK government | 13/10/2022 | £287k | National Portfolio Organisations |