THE ALBERT AND EUGENIE FROST MUSIC TRUST CIO

Registered charity 1191904 · accounts filings on the Charity Commission register

The charity supports work with young string players in the UK, with particular emphasis on chamber music. It is a small charity and does not invite speculative applications. The Trustees are pro-active in seeking organisations they wish to help.

Causes: Education/training · Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Latest income

£473k

Latest spending

£431k

Registered

2020

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £14,900,694, an increase from the previous year's £13,911,478. The trustees confirmed that adequate assets were available to fulfil obligations and identified no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Largest income source: Investment Income (92% of income)

“Investment Income of £438,076 (2023: £516,082) and Donation of £40,000 was received during the period.” — page 4

Per its FY2024 accounts as filed with the Charity Commission.

Reserves policy: no need to keep substantial financial reserves (held: £14.9m)

“The Trustees’ Reserves Policy was part of this Investment Policy. The Charity’s support costs were modest and so the Trustees judge that there was no need to keep substantial financial reserves to safeguard the running costs of the Charity.” — page 5

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: David Waterman and Lesley Hatfield provide small amounts of paid and unpaid coaching, teaching and masterclasses to students within the Chamber Studio, Chetham’s School of Music, The Guildhall School Trust, IMS Prussia Cove, Royal Welsh College of Music and Drama, Changing Lives where grants are paid as shown in Note 2 on page 8.

“David Waterman and Lesley Hatfield provide small amounts of paid and unpaid coaching, teaching and masterclasses to students within the Chamber Studio, Chetham’s School of Music, The Guildhall School Trust, IMS Prussia Cove, Royal Welsh College of Music and Drama, Changing Lives where grants are paid as shown in Note 2 on page 8.” — page 12

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Couch Bright King & Co. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2023)

Total income

£516k

Total spending

£247k

Cost of raising funds

£43k

Reserves (reported)

£0

Employees

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 8.3% of total income — above the median for charities its size (2.9%) (benchmarks).

Register events

Received assets from another charity (04/02/2022) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Andrew John Sindall BSc FCAchair · trustee of 2 other charities
Dr David Allen Woodrow Waterman
John Spencer McCuin
Julian Robert Milford
Lesley Clare Hatfield

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/03/2025	£473k	£431k
31/03/2024	£478k	£529k
31/03/2023	£516k	£247k
31/03/2022	£446k	£218k

Common questions

Is THE ALBERT AND EUGENIE FROST MUSIC TRUST CIO financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £14,900,694, an increase from the previous year's £13,911,478. The trustees confirmed that adequate assets were available to fulfil obligations and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Couch Bright King & Co.

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.

Funder	Similar charities funded	Amount to them
THE GEOFFREY AND PAULINE MARTIN TRUST	1	£32k
THE HARDING TRUST	1	£25k
EDWARDS FAMILY CHARITABLE TRUST	1	£22k
CECIL PILKINGTON CHARITABLE TRUST	1	£16k
THE HARRISON-FRANK FAMILY FOUNDATION (UK) LIMITED	1	£10k
MISS E F RATHBONE CHARITABLE TRUST	1	£3k
THE JOHN S COHEN FOUNDATION	1	£3k
DR RADCLIFFE'S TRUST	1	£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with COUNTESS OF MUNSTER MUSICAL TRUST.

COUNTESS OF MUNSTER MUSICAL TRUST income £202k
ALBERT COOPER MUSIC CHARITABLE TRUST income £108k
I FAGIOLINI CHARITABLE TRUST income £260k
JOHN BAGLEY MUSIC TRUST income £5.4m
THE STRADIVARI TRUST income £144k
THE JULIAN BREAM TRUST income £125k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
THE ALBERT AND EUGENIE FROST MUSIC TRUST CIO	£473k	—	above	—	no doubt
COUNTESS OF MUNSTER MUSICAL TRUST FY2025	£202k	—	above	—	no doubt
ALBERT COOPER MUSIC CHARITABLE TRUST FY2025	£108k	—	unclear	—	no doubt
I FAGIOLINI CHARITABLE TRUST FY2025	£260k	—	unclear	—	no doubt
JOHN BAGLEY MUSIC TRUST FY2025	£5.4m	—	unclear	—	no doubt
THE STRADIVARI TRUST FY2025	£144k	—	unclear	—	no doubt

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