THE OTAKAR KRAUS MUSIC TRUST

Registered charity 1178401 · accounts filings on the Charity Commission register · also known as OKMT, OTAKAR KRAUS MUSIC TRUST

We provide music therapy for people of all ages with additional needs in order to improve their well-being and quality of life. We work with children, young people and adults with disabilities or illness, people with mental health problems and elderly people. We teach children and young people with disabilities to play a musical instrument and perform. We work predominantly in South West London.

Causes: Disability · website · Get email alerts

Latest income
£319k
Latest spending
£316k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a small operating surplus of £3,195 for the year ended 31 December 2024, with total income of £319,286 against costs of £316,091. Per the trustees' report, the balance sheet remains robust with net free reserves of £98,669, which are deemed sufficient to meet future running costs. The trustees confirm the charity is financially secure and has adequate resources to continue in operational existence.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Grants (56% of income)
“Our 2024 projects were fully funded thanks in large part to the dedication of our Fundraiser, Valerie Roy, who has maintained the level of grant funding at £178k, equating to 55% of current year total income.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £99k)
“Best practice holds that reserves equal a minimum of three months of an organisation’s running costs. The Trustees note that our total general reserve (unrestricted funds) amounts to £108,082 with net free reserves of £98,669 held at the end of the period. These are deemed sufficient to meet the demands of the organisation’s future running costs as at the end of the financial year 2024. OKMT has its reserves backed by net free cash holdings, which are ample to cover a minimum of three months operating costs.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — The Otakar Kraus Music Trust (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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

Register events

Trustees · trustee networks

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

Operates in: Hounslow · Richmond Upon Thames

Income and spending

Financial year endIncomeSpending
31/12/2024£319k£316k
31/12/2023£315k£312k
31/12/2022£297k£296k
31/12/2021£261k£258k
31/12/2020£219k£218k

Common questions

Is THE OTAKAR KRAUS MUSIC TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a small operating surplus of £3,195 for the year ended 31 December 2024, with total income of £319,286 against costs of £316,091. Per the trustees' report, the balance sheet remains robust with net free reserves of £98,669, which are deemed sufficient to meet future running costs. The trustees confirm the charity is financially secure and has adequate resources to continue in operational existence. Its FY2024 accounts were independently examined.

Who funds THE OTAKAR KRAUS MUSIC TRUST?

Funders whose own accounts filings name THE OTAKAR KRAUS MUSIC TRUST as a grant recipient include THE STEVEN BLOCH IMAGE OF DISABILITY CHARITABLE TRUST, Richmond Foundation, HAMPTON FUEL ALLOTMENT, THE NATIONAL FOUNDATION FOR YOUTH MUSIC, FINHUMF.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE STEVEN BLOCH IMAGE OF DISABILITY CHARITABLE TRUSTFY2024£91kGrant
Richmond FoundationFY2025£35kCore Grant
Richmond FoundationFY2024£28kGrant awarded in 2023/24
Richmond FoundationFY2023£28kEnhancing community cohesion
HAMPTON FUEL ALLOTMENTFY2025£21kContribution towards core costs including the salaries of the Director and Operations Coordinator.
THE NATIONAL FOUNDATION FOR YOUTH MUSICFY2023£11k
THE STEVEN BLOCH IMAGE OF DISABILITY CHARITABLE TRUSTFY2025£11k
FINHUMFFY2025£10k
THE CAMELIA BOTNAR FOUNDATIONFY2021£10ksupport the following projects: OK Music Club for children with disabilities; OK Music School, teaching children and young people with additional needs to play
The Barnes FundFY2022£7kOrganisation Core Funding
THE BROUGHTON FAMILY CHARITABLE TRUSTFY2025£6k
THE TRUEMARK TRUSTFY2022£6k
SIR ROBERT GEFFERY'S ALMSHOUSE TRUSTFY2024£5k
DR RADCLIFFE'S TRUSTFY2024£3kOK Music School
SIR JULES THORN CHARITABLE TRUSTFY2023£3kAnn Rylands Small Donations
THE ANTHONY AND ELIZABETH MELLOWS CHARITABLE SETTLEMENTFY2025£3kThe advancement of health or saving of lives
THE HDH WILLS 1965 CHARITABLE TRUSTFY2024£2kGeneral Fund Grant
LONDON CATALYSTFY2022£2kFor music therapy groups in local Children's Centres to assist children showing delays or difficulties with language acquisition and behaviour.
THE BROUGHTON FAMILY CHARITABLE TRUSTFY2024£500
THE STEVEN BLOCH IMAGE OF DISABILITY CHARITABLE TRUSTFY2022£500
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. AUGUSTINE'S OF CANTERBURY, WHITTONFY2023£188
THE MICHAEL AND ANNA WIX CHARITABLE TRUSTFY2026£100

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund03/06/2024£20kChild Development through Music Therapy
City Bridge Foundation01/02/2023£79kGrant to The Otakar Kraus Music Trust
The National Lottery Community Fund29/04/2022£10kOK Music School
The National Lottery Community Fund12/03/2021£10kOK Music School
UK government19/06/2020£10kCoronavirus Community Support Fund
UK government21/05/2020£3kVSCE CMC Fund
City Bridge Foundation12/11/2019£71kGrant to The Otakar Kraus Music Trust
The National Lottery Community Fund27/02/2019£10kOK Music School
London Borough of Hounslow17/11/2017£8kGrant to Otakar Kraus Music Trust
London Borough of Hounslow07/11/2016£8kGrant to Otakar Kraus Music Trust
London Borough of Hounslow05/02/2015£9kGrant to Otakar Kraus Music Trust
City Bridge Foundation28/11/2013£36kGrant to The Otakar Kraus Music Trust

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 MUSIC THERAPY WORKS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE OTAKAR KRAUS MUSIC TRUST£319k—0above—no doubt
MUSIC THERAPY WORKS FY2025£393k—0above—no doubt
ANNIE MAWSON'S SUNBEAMS MUSIC TRUST FY2025£494k——unclear—no doubt
KEY CHANGES MUSIC THERAPY FY2025£276k—0unclear—no doubt
THE MUSICSPACE TRUST FY2025£437kUnder £60,0000unclear—no doubt
NORTH YORKSHIRE MUSIC THERAPY CENTRE FY2024£77k—0unclear—noted

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