RICHARD SHEPHARD MUSIC FOUNDATION
The advancement of musical education for children and young people in Yorkshire and more widely
Objects
FOR THE PUBLIC BENEFIT, TO ADVANCE THE MUSICAL EDUCATION OF CHILDREN AND YOUNG PEOPLE IN YORKSHIRE AND SUCH OTHER AREAS AS THE TRUSTEES SHALL FROM TIME TO TIME DETERMINE, BY ENHANCING THE KNOWLEDGE, EXPERIENCE, ENJOYMENT, UNDERSTANDING AND PERFORMANCE OF MUSIC, INCLUDING THROUGH SOME OR ALL OF TUITION, MASTER-CLASSES, EVENTS, CONCERTS, AND THE USE OF ASSISTIVE TECHNOLOGY.
Financial health, per its FY2025 accounts
The accounts state that free reserves amounted to £254,746, which the trustees confirmed was within their stated policy target of holding 3 to 6 months of net projected expenditure. The charity reported a net surplus for the year, with unrestricted funds increasing from £165,493 to £256,145, indicating stable financial resources.
What the accounts disclose
“Charitable Activities 43%” — page 8
“The Trustees reviewed the reserves policy in September 2025 and agreed to aim to have 3 to 6 months of net projected expenditure, held in unrestricted reserves.” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events 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
- Investment
- Paying staff
- 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
- Volunteer management
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: 10
- Government income: £3,974 — grants £3,974 (4); under 1% of the £670,597 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/08/2024
- Volunteers: 8
- Government income: £13,694 — grants £13,694 (5); 3% of the £476,752 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/08/2023
- Volunteers: 7
- Government income: £14,181 — grants £14,181 (3); 4% of the £329,906 total gross income on the same return
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (03/02/2026)
Trustees
- Andrea Marion Hayes
- David Christopher James Pipe
- Edward Young
- James Peter Edward Downey
- Professor Lynne Dawson
- Richard Grosberg
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £671k | £626k |
| 31/08/2024 | £477k | £559k |
| 31/08/2023 | £330k | £338k |
| 31/08/2022 | £476k | £217k |
| 31/03/2021 | £44k | £1k |
Common questions
Is RICHARD SHEPHARD MUSIC FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that free reserves amounted to £254,746, which the trustees confirmed was within their stated policy target of holding 3 to 6 months of net projected expenditure. The charity reported a net surplus for the year, with unrestricted funds increasing from £165,493 to £256,145, indicating stable financial resources. Its FY2025 accounts were independently examined.
Who funds RICHARD SHEPHARD MUSIC FOUNDATION?
Funders whose own accounts filings name RICHARD SHEPHARD MUSIC FOUNDATION as a grant recipient include THE VINEHILL TRUST, THE PATRICIA AND DONALD SHEPHERD CHARITABLE TRUST, ED DE NUNZIO CHARITABLE TRUST, PATRICIA, DONALD, CHRISTINE & PATRICK SHEPHERD FOUNDATION, THE MARCHUS TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE VINEHILL TRUST | FY2025 | £200k | Music |
| THE PATRICIA AND DONALD SHEPHERD CHARITABLE TRUST | FY2023 | £30k | |
| ED DE NUNZIO CHARITABLE TRUST | FY2025 | £30k | Schools Programme, Make Music Day event and holiday clubs |
| THE PATRICIA AND DONALD SHEPHERD CHARITABLE TRUST | FY2022 | £10k | |
| PATRICIA, DONALD, CHRISTINE & PATRICK SHEPHERD FOUNDATION | FY2025 | £5k | |
| THE MARCHUS TRUST | FY2025 | £4k | |
| THE LIZ AND TERRY BRAMALL FOUNDATION | FY2022 | £2k | |
| THE EARL FITZWILLIAM CHARITABLE TRUST | FY2024 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WOLFSON FOUNDATION | 1 | £200k |
| PHILIP KING CHARITABLE TRUST | 1 | £67k |
| THE RAYNE TRUST | 1 | £30k |
| THE HARRISON-FRANK FAMILY FOUNDATION (UK) LIMITED | 1 | £18k |
| THE CHILDHOOD TRUST | 1 | £18k |
| SHEFFIELD TOWN TRUST | 1 | £5k |
| SCHRODER CHARITY TRUST | 1 | £4k |
| CHURCH BURGESSES TRUST | 1 | £3k |
Charities like this
- SHEFFIELD MUSIC ACADEMY
- HYDE BAND
- THE MUSIC FOR SCHOOLS FOUNDATION
- YORKSHIRE YOUNG MUSICIANS
- SHROPSHIRE MUSIC TRUST
- Chester Music and Theatre Company
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RICHARD SHEPHARD MUSIC FOUNDATION | £671k | — | 0 | within | — | no doubt |
| SHEFFIELD MUSIC ACADEMY | £479k | — | 0 | unclear | — | no doubt |
| HYDE BAND | £38k | — | 0 | unclear | — | no doubt |
| THE MUSIC FOR SCHOOLS FOUNDATION | £608k | — | 0 | above | — | no doubt |
| YORKSHIRE YOUNG MUSICIANS | £363k | — | 0 | above | — | no doubt |
| SHROPSHIRE MUSIC TRUST | £64k | — | 0 | above | — | no doubt |