THE NUCLEO PROJECT

Registered charity 1169328 · accounts filings on the Charity Commission register

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.

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

Causes: Recreation · website · Get email alerts

Registered contact address: Kensington and Chelsea, London, England (from the postcode on the register)

Latest income
£831k
Latest spending
£546k
Registered
2016
Accounts read
FY2025

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.

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

What the accounts disclose

Reserves policy: three months of running costs (held: £418k)
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

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.

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.

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

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

Public fundraising profile: JustGiving — The Nucleo Project (matched by registered charity number).

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

Structured financials (annual return, FY ending 31/08/2025)

Total income
£831k
Total spending
£546k
Cost of raising funds
£89k
Reserves (reported)
£418k
Employees
8

Reported reserves equal ~9.2 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 10.8% of total income — above the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Kensington And Chelsea

Income and spending

Financial year endIncomeSpending
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

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

FunderYearAmountPurpose (as stated by the funder)
JOHN LYON'S CHARITYFY2025£140kcore programme costs
THE BAND TRUSTFY2022£75kSpecific grantee
THE KENSINGTON AND CHELSEA FOUNDATIONFY2024£62kReducing Education Inequalities portfolio
THE CALLEVA FOUNDATIONFY2025£62kCommitment/Declaration of Intent
THE WILLIAM WATES MEMORIAL TRUSTFY2024£60k
THE GROVE TRUSTFY2024£50kJunior Symphony Orchestra programme
THE HEADLEY TRUSTFY2025£40kTowards the beginner level ensemble.
THE BAND TRUSTFY2023£20kEducational
THE NEVILLE ABRAHAM FOUNDATIONFY2025£20kDonation to The Nucleo Project
MARTIN CHARITABLE TRUSTFY2026£19k
THE HARRISON-FRANK FAMILY FOUNDATION (UK) LIMITEDFY2025£18k
THE KENSINGTON AND CHELSEA FOUNDATIONFY2022£15kChildren and young people
THE KENSINGTON AND CHELSEA FOUNDATIONFY2025£15kReducing Education Inequalities portfolio
The Rockspring Charitable TrustFY2022£15k
NEWBY TRUST LIMITEDFY2024£15kEducation
The Rockspring Charitable TrustFY2024£15kKensington and Chelsea Foundation for:
THE CHILDHOOD TRUSTFY2025£10k
HYDE PARK PLACE ESTATE CHARITYFY2024£6k
HYDE PARK PLACE ESTATE CHARITYFY2025£6k
THE GROCERS' CHARITYFY2024£5kArts & Heritage
THE HAROLD HYAM WINGATE FOUNDATIONFY2025£5k
THE OLDHURST TRUSTFY2025£5k
DR RADCLIFFE'S TRUSTFY2024£5kYoung Leaders Programme
HYDE PARK PLACE ESTATE CHARITYFY2022£5k
JOSEPH ETTEDGUI CHARITABLE FOUNDATIONFY2022£5k
OLD POSSUM'S PRACTICAL TRUSTFY2025£5k
HYDE PARK PLACE ESTATE CHARITYFY2023£5kProviding relief for those in need or sickness and the advancement of life
MARTIN CHARITABLE TRUSTFY2025£4k
MARTIN CHARITABLE TRUSTFY2024£4k
The Patricia Routledge FoundationFY2025£3k
THE RISMAN FOUNDATIONFY2025£3kMusic for social action
OLD POSSUM'S PRACTICAL TRUSTFY2024£3k
THE WILLIAM ALLEN YOUNG CHARITABLE TRUSTFY2025£2k
THE OLDHURST TRUSTFY2024£2k
The Patricia Routledge FoundationFY2024£2k
THE CMF CHARITABLE TRUSTFY2024£2k
THE DAVID FAMILY FOUNDATIONFY2024£2k
THE JOHN THAW FOUNDATIONFY2023£1k
THE AUSTIN AND HOPE PILKINGTON TRUSTFY2022£1kQuarterly Grants for Institutions - Round Three - The Arts - BAME Communities
WESTWAY TRUSTFY2025£1kCommunity project
THE JOHN THAW FOUNDATIONFY2026£1k
THE DAVID FAMILY FOUNDATIONFY2023£1k
BARNSBURY CHARITABLE TRUSTFY2022amount not stated
THE CMF CHARITABLE TRUSTFY2026amount not stated

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund06/08/2026£19kYouth Community Music Sessions
The National Lottery Community Fund21/11/2024£20kChildren's community music sessions

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 NUCLEUS COMMUNITY ACTION LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE NUCLEO PROJECT£831k—0unclear—no doubt
NUCLEUS COMMUNITY ACTION LTD FY2026£1.2m——unclear—no doubt
NUCLEUS FOUNDATION FY2025£26k—0above—no doubt
THE NATIONAL FOUNDATION FOR YOUTH MUSIC FY2025£13.3m——unclear—no doubt
NEKO TRUST FY2025£98k—0unclear—no doubt
NOTTINGHAM MUSIC SERVICE FY2025£1.1m—0unclear—no doubt

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