OLYMPIAS MUSIC FOUNDATION
Olympias is a multi-award-winning charity which brings music to communities in Manchester. We believe that everyone should be given the opportunity to participate in musicmaking and engage with music, regardless of background or income, and that these encounters can be life-changing. Olympias provides free music lessons, concerts, choirs and workshops for the benefit of the local community.
Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE SUBJECT OF MUSIC BY PROVIDING OPPORTUNITIES FOR ACTIVE ENGAGEMENT AND PARTICIPATION IN MUSIC-MAKING IN PARTICULAR BUT NOT EXCLUSIVELY BY PROVIDING COMMUNITY CHOIRS, MUSIC WORKSHOPS AND CONCERTS AND FREE MUSIC LESSONS AND MUSIC WORKSHOPS FOR CHILDREN.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £38,348 for the year, resulting in a decrease in total net assets from £139,210 to £100,862. While unrestricted free reserves of £67,686 were held, this was below the trustees' stated policy target of £85,750, representing three months of running costs. The trustees identified the ability to generate sufficient income as a key risk but confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“At 31 August 2025, the charity held total unrestricted reserves of £93,706, of which free reserves were £67,686, compared with a target level of £85,750.” — page 5
“Nadia Eskandari, who is the daughter of Yana Eskandari, a Trustee of Olympias, provided services to Olympias in the role of Violin and Viola Tutor and received income of £10,411 (2024: £11,462) from Olympias.” — page 19
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
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: 30
Self-declared on the annual return for the financial year ending 31/08/2024
- Volunteers: 73
Self-declared on the annual return for the financial year ending 31/08/2023
- Volunteers: 72
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Register events
- Received assets from another charity (18/05/2026)
- Received assets from another charity (30/01/2026)
- Received assets from another charity (12/12/2024)
- Received assets from another charity (04/11/2021)
Trustees
- Marian Kathryn Sudburychair
- Dr Christopher Mcelroy
- Farhaan Shah
- Helen Palmer
- Maddi Burns-Hunt
- Paulette Bayley
- Professor Michelle Phillips
- Steven Lindsay
- Will Allen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £349k | £387k |
| 31/08/2024 | £353k | £278k |
| 31/08/2023 | £134k | £173k |
| 31/12/2022 | £180k | £165k |
| 31/12/2021 | £135k | £47k |
Common questions
Is OLYMPIAS MUSIC FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £38,348 for the year, resulting in a decrease in total net assets from £139,210 to £100,862. While unrestricted free reserves of £67,686 were held, this was below the trustees' stated policy target of £85,750, representing three months of running costs. The trustees identified the ability to generate sufficient income as a key risk but confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds OLYMPIAS MUSIC FOUNDATION?
Funders whose own accounts filings name OLYMPIAS MUSIC FOUNDATION as a grant recipient include OGLESBY CHARITABLE TRUST, THE LINDER FOUNDATION, MRS WATERHOUSE CHARITABLE TRUST, THE PETER KERSHAW TRUST, THE SCOPS ARTS TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| OGLESBY CHARITABLE TRUST | FY2025 | £64k | Core support: Learn to Play |
| OGLESBY CHARITABLE TRUST | FY2024 | £47k | Core support: Learn to Play |
| THE LINDER FOUNDATION | FY2025 | £28k | General Charitable Causes |
| MRS WATERHOUSE CHARITABLE TRUST | FY2026 | £24k | |
| MRS WATERHOUSE CHARITABLE TRUST | FY2025 | £10k | |
| THE PETER KERSHAW TRUST | FY2025 | £10k | Social welfare institutions |
| THE SCOPS ARTS TRUST | FY2022 | £10k | Grants awarded and paid during the period |
| THE LINDER FOUNDATION | FY2024 | £9k | General Charitable Causes |
| NORTHERN CONSORTIUM | FY2025 | £8k | co-funding [alongside the Royal Northern College of Music] to support their engagement of a PhD student to explore the benefits of OMF’s programmes to participa |
| THE SCOPS ARTS TRUST | FY2022 | £8k | Grants pledged for payment in later years |
| CRH CHARITABLE TRUST | FY2026 | £5k | |
| THE MARCHUS TRUST | FY2025 | £5k | |
| CRH CHARITABLE TRUST | FY2024 | £5k | |
| LORD MAYOR OF MANCHESTER'S CHARITY APPEAL TRUST | FY2022 | £5k | Stronger Communities Grants |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2025 | £4k | |
| LORD MAYOR OF MANCHESTER'S CHARITY APPEAL TRUST | FY2024 | £4k | Material Institutional Grants |
| THE SCOPS ARTS TRUST | FY2021 | £4k | Music Education & Engagement (children) |
| THE PETER KERSHAW TRUST | FY2023 | £3k | Social welfare institution |
| JESSIE'S FUND | FY2023 | £2k | creative music project |
| THE PETER KERSHAW TRUST | FY2024 | £2k | Social welfare |
| MRS WATERHOUSE CHARITABLE TRUST | FY2024 | £2k | |
| CRH CHARITABLE TRUST | FY2025 | £2k | |
| MANCHESTER AIRPORT COMMUNITY TRUST FUND | FY2022 | £1k | |
| THE WOODWARD CHARITABLE TRUST | FY2022 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 29/10/2024 | £25k | Unrestricted Funding |
| The National Lottery Community Fund | 21/12/2023 | £20k | Voices of Hope |
| The National Lottery Community Fund | 10/06/2022 | £9k | Voices of Hope Choir |
| UK government | 01/04/2021 | £50k | Arts Council National Lottery Project Grants |
| The National Lottery Community Fund | 11/12/2020 | £10k | Musical Connections |
| The National Lottery Community Fund | 06/12/2019 | £10k | Women's Voices |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LORD FARINGDON CHARITABLE TRUST | 2 | £31k |
| THE AUSTIN AND HOPE PILKINGTON TRUST | 2 | £11k |
| THE KARLSSON JATIVA CHARITABLE FOUNDATION | 1 | £993k |
| BARNWOOD TRUST | 1 | £343k |
| THE PRUDENCE TRUST | 1 | £264k |
| THIRTY PERCY FOUNDATION | 1 | £251k |
| THE CHIMO TRUST CIO | 1 | £90k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £69k |
Charities like this
- The Olympia Charitable Trust
- ORCHESTRAS LIVE
- SEVENOAKS SYMPHONY ORCHESTRA
- THE YOUNG MUSICIANS SYMPHONY ORCHESTRA
- OXFORD MAY MUSIC
- OXFORD SYMPHONY ORCHESTRA
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OLYMPIAS MUSIC FOUNDATION | £349k | — | 0 | below | — | no doubt |
| The Olympia Charitable Trust | £35k | — | — | unclear | — | no doubt |
| ORCHESTRAS LIVE | £1.1m | £70,001 - £80,000 | 1 | above | — | no doubt |
| SEVENOAKS SYMPHONY ORCHESTRA | £31k | — | 0 | unclear | — | no doubt |
| THE YOUNG MUSICIANS SYMPHONY ORCHESTRA | £256k | — | 0 | unclear | — | no doubt |
| OXFORD MAY MUSIC | £45k | — | 0 | unclear | — | no doubt |