HAY MUSIC TRUST
HMT has continued to organise a series of regular classical music concerts in and around Hay-on-Wye. Events have been often accompanied by a related talk, film or exhibition. In addition, HMT ran its annual chamber music festival, based on the Fitzwilliam String Quartet, which featured three concerts with the Quartet and other professional musicians, together with a community outreach events.
Financial health, per its FY2025 accounts
The accounts state that Hay Music Trust incurred a deficit of expenditure over income of £4,421 for the year ended 31 December 2025. The trustees report that unrestricted net assets stood at £27,935, with a stated policy to maintain a reserve of at least £10,000. The charity operates on a going concern basis with no employees and relies on volunteers and donor support.
What the accounts disclose
“It has been agreed by the Board that we should maintain a reserve of at least £10,000.”
Trustees
- Professor Michael Peake OBEchair
- Allan Fraser-Rush
- Andrea Quinn
- JANE ELINOR NEVILLE
- NICHOLAS GETHIN
- PAUL KEENE
- Steven Hugh Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £55k | £60k |
| 31/12/2024 | £67k | £55k |
| 31/12/2023 | £38k | £33k |
| 31/12/2022 | £24k | £19k |
| 31/12/2021 | £20k | £22k |
Common questions
Is HAY MUSIC TRUST financially healthy?
Per its FY2025 accounts: The accounts state that Hay Music Trust incurred a deficit of expenditure over income of £4,421 for the year ended 31 December 2025. The trustees report that unrestricted net assets stood at £27,935, with a stated policy to maintain a reserve of at least £10,000. The charity operates on a going concern basis with no employees and relies on volunteers and donor support. Its FY2025 accounts were independently examined.
Who funds HAY MUSIC TRUST?
Funders whose own accounts filings name HAY MUSIC TRUST as a grant recipient include THE ELMLEY FOUNDATION, VAUGHAN WILLIAMS FOUNDATION, HEREFORDSHIRE COMMUNITY FOUNDATION, COLWINSTON CHARITABLE TRUST, The Ashley Family Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ELMLEY FOUNDATION | FY2025 | £5k | |
| VAUGHAN WILLIAMS FOUNDATION | FY2024 | £3k | Public Performance |
| HEREFORDSHIRE COMMUNITY FOUNDATION | FY2024 | £2k | Becket Bulmer |
| COLWINSTON CHARITABLE TRUST | FY2025 | £2k | Outreach activities associated with the festival |
| The Ashley Family Foundation | FY2025 | £0 |