THE NUCLEO PROJECT
Nucleo is a "music for social action" project offering free, ensemble-based music-making opportunities to children and young people through our immersive programme in North Kensington.We run a national Instrument Donation Bank to get unused instruments into the hands of young musicians, and we deliver the national Young Leaders Programme.
Objects
TO ADVANCE IN LIFE AND HELP YOUNG PEOPLE THROUGH:A) THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE; ANDB) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a surplus of £284,881 for the year ended 31 August 2025, allowing it to replace previous drawdowns on reserves. Per the trustees' report, the charity holds unrestricted reserves of £417,590, which exceeds its stated policy target of three months of running costs, indicating a stable financial base.
What the accounts disclose
“Currently The Nucleo Project aims to hold a minimum level of reserves equivalent to three months of running costs in order to be able to continue to provide a service to our beneficiaries.” — page 22
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- 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)
Self-declared on the annual return for the financial year ending 31/08/2025
- Volunteers: 5
Self-declared on the annual return for the financial year ending 31/08/2024
- Volunteers: 10
Self-declared on the annual return for the financial year ending 31/08/2023
- Volunteers: 10
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (31/08/2023)
Trustees
- Felix Hale
- Jerome David Raphaely
- MARK ROBERT LOCKHART
- Miranda Rose Francis
- Sonia Sheta
- Stephen Jeremy Hermer
- Theo Footman-Bamber
- Theodora Baron
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £831k | £546k |
| 31/08/2024 | £586k | £640k |
| 31/08/2023 | £647k | £629k |
| 31/08/2022 | £449k | £479k |
| 31/08/2021 | £482k | £374k |
Common questions
Is THE NUCLEO PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a surplus of £284,881 for the year ended 31 August 2025, allowing it to replace previous drawdowns on reserves. Per the trustees' report, the charity holds unrestricted reserves of £417,590, which exceeds its stated policy target of three months of running costs, indicating a stable financial base. Its FY2025 accounts were independently examined.
Who funds THE NUCLEO PROJECT?
Funders whose own accounts filings name THE NUCLEO PROJECT as a grant recipient include JOHN LYON'S CHARITY, THE BAND TRUST, THE KENSINGTON AND CHELSEA FOUNDATION, THE CALLEVA FOUNDATION, THE WILLIAM WATES MEMORIAL TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 06/08/2026 | £19k | Youth Community Music Sessions |
| The National Lottery Community Fund | 21/11/2024 | £20k | Children's community music sessions |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| VAUGHAN WILLIAMS FOUNDATION | 2 | £25k |
| THE JULIA RAUSING TRUST | 1 | £300k |
| LONDON LEGAL SUPPORT TRUST | 1 | £171k |
| THE FIDELITY UK FOUNDATION | 1 | £75k |
| THE ATHERTON FAMILY CHARITABLE TRUST | 1 | £50k |
| GERALD FINZI TRUST | 1 | £16k |
| THE FENTON ARTS TRUST | 1 | £10k |
| THE THOMAS HOWELL'S EDUCATION FUND FOR NORTH WALES | 1 | £10k |
Charities like this
- NUCLEUS COMMUNITY ACTION LTD
- NUCLEUS FOUNDATION
- THE NATIONAL FOUNDATION FOR YOUTH MUSIC
- NEKO TRUST
- NOTTINGHAM MUSIC SERVICE
- NEW SINFONIA
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NUCLEO PROJECT | £831k | — | 0 | unclear | — | no doubt |
| NUCLEUS COMMUNITY ACTION LTD | £1.2m | — | — | unclear | — | no doubt |
| NUCLEUS FOUNDATION | £26k | — | 0 | above | — | no doubt |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | £13.3m | — | — | unclear | — | no doubt |
| NEKO TRUST | £98k | — | 0 | unclear | — | no doubt |
| NOTTINGHAM MUSIC SERVICE | £1.1m | — | 0 | unclear | — | no doubt |