EVOLVE MUSIC
Creative music workshops for all ages and abilities.
Financial health, per its FY2025 accounts
The accounts state that Evolve Music recorded a net surplus of nearly £33,000 for the year ended 31 March 2025, with total revenues effectively static year-on-year. Free reserves stood at just under £79,000, which the trustees note is nearly seven months of core costs, exceeding their previous crude target of three to six months. The charity remains in a stable financial position with increased cash resources and no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Grants 48,634 144,061 192,695” — page 16
“The charity has in the past used a relatively crude reserves target of holding three to six months of planned core expenditure in free reserves.” — page 8
Trustees
- Thea McNaught-Reynoldschair
- Cassandra Jane Tait
- Claire King
- Jamel Campbell
- Mark Bide
- Patricia Margaret Rees-Jones
- Sheena Thapermall
- Stephen Patrick Horton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £249k | £216k |
| 31/03/2024 | £208k | £170k |
| 31/03/2023 | £92k | £84k |
| 31/03/2022 | £98k | £44k |
| 31/03/2021 | £36k | £48k |
Common questions
Is EVOLVE MUSIC financially healthy?
Per its FY2025 accounts: The accounts state that Evolve Music recorded a net surplus of nearly £33,000 for the year ended 31 March 2025, with total revenues effectively static year-on-year. Free reserves stood at just under £79,000, which the trustees note is nearly seven months of core costs, exceeding their previous crude target of three to six months. The charity remains in a stable financial position with increased cash resources and no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds EVOLVE MUSIC?
Funders whose own accounts filings name EVOLVE MUSIC as a grant recipient include THE NATIONAL FOUNDATION FOR YOUTH MUSIC, THE VERNON ELLIS FOUNDATION, THE CLARE MILNE TRUST, The Ashley Family Foundation, THE FORTE CHARITABLE FOUNDATION.
Shared trustees with funders
- Mark Bide — trustee here and at THE VERNON ELLIS FOUNDATION
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | FY2025 | £130k | |
| THE VERNON ELLIS FOUNDATION | FY2025 | £35k | Donations made in the year |
| THE CLARE MILNE TRUST | FY2023 | £12k | |
| THE VERNON ELLIS FOUNDATION | FY2022 | £10k | |
| The Ashley Family Foundation | FY2022 | £10k | |
| THE CLARE MILNE TRUST | FY2025 | £8k | |
| THE FORTE CHARITABLE FOUNDATION | FY2024 | £7k | 30% of the running costs of musical play sessions ‘Dads Rock’ to facilitate child-parent bonding in Radstock, Bath. |
| DR RADCLIFFE'S TRUST | FY2023 | £4k | Hallé Youth Orchestra |
| DR RADCLIFFE'S TRUST | FY2025 | £1k | Sound Lab Radstock |
| THE VERNON ELLIS FOUNDATION | FY2024 | £100 | Donation |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/01/2026 | £114k | Sound Explorers: Devon & Plymouth |
| The National Lottery Heritage Fund | 08/10/2025 | £38k | "Community Rhythms" |
| The National Lottery Community Fund | 12/09/2024 | £19k | Dads Rock |
| Somerset Community Foundation | 01/08/2024 | £5k | Community music programmes for disadvantaged families in Yeovil offering connection, creativity, and support |
| Postcode Lottery | 29/09/2023 | £15k | Unrestricted Funding |
| Somerset Community Foundation | 18/08/2023 | £4k | Pilot project providing pre-school learning through music to disadvantaged families in Yeovil and Wincanton |
| The National Lottery Community Fund | 12/05/2023 | £10k | Dads Rock Bath |
| The National Lottery Community Fund | 11/02/2022 | £10k | Adventurers 2 |
| UK government | 25/09/2020 | £10k | Coronavirus Community Support Fund |