OLYMPIAS MUSIC FOUNDATION

Registered charity 1194413 · accounts filings on the Charity Commission register

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.

Causes: Education/training · Disability · Arts/culture/heritage/science · website · Get email alerts

Latest income
£349k
Latest spending
£387k
Registered
2021
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £68k; policy: three months running costs)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Nadia Eskandari, daughter of Trustee Yana Eskandari, provided services as Violin and Viola Tutor.
“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
Per its FY2025 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — Olympias Music Foundation (matched by registered charity number).

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: Manchester City

Income and spending

Financial year endIncomeSpending
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

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

FunderYearAmountPurpose (as stated by the funder)
OGLESBY CHARITABLE TRUSTFY2025£64kCore support: Learn to Play
OGLESBY CHARITABLE TRUSTFY2024£47kCore support: Learn to Play
THE LINDER FOUNDATIONFY2025£28kGeneral Charitable Causes
MRS WATERHOUSE CHARITABLE TRUSTFY2026£24k
MRS WATERHOUSE CHARITABLE TRUSTFY2025£10k
THE PETER KERSHAW TRUSTFY2025£10kSocial welfare institutions
THE SCOPS ARTS TRUSTFY2022£10kGrants awarded and paid during the period
THE LINDER FOUNDATIONFY2024£9kGeneral Charitable Causes
NORTHERN CONSORTIUMFY2025£8kco-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 TRUSTFY2022£8kGrants pledged for payment in later years
THE MARCHUS TRUSTFY2025£5k
CRH CHARITABLE TRUSTFY2024£5k
LORD MAYOR OF MANCHESTER'S CHARITY APPEAL TRUSTFY2022£5kStronger Communities Grants
LORD MAYOR OF MANCHESTER'S CHARITY APPEAL TRUSTFY2024£4kMaterial Institutional Grants
THE HAROLD HYAM WINGATE FOUNDATIONFY2025£4k
THE SCOPS ARTS TRUSTFY2021£4kMusic Education & Engagement (children)
THE PETER KERSHAW TRUSTFY2023£3kSocial welfare institution
JESSIE'S FUNDFY2023£2kcreative music project
THE PETER KERSHAW TRUSTFY2024£2kSocial welfare
MRS WATERHOUSE CHARITABLE TRUSTFY2024£2k
CRH CHARITABLE TRUSTFY2025£2k
THE WOODWARD CHARITABLE TRUSTFY2022£1k
MANCHESTER AIRPORT COMMUNITY TRUST FUNDFY2022£1k
DR RADCLIFFE'S TRUSTFY2025£-4kPremiere of New Work by Emerging Composer

Government & lottery funding

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

FunderDateAmountPurpose
Postcode Lottery29/10/2024£25kUnrestricted Funding
The National Lottery Community Fund21/12/2023£20kVoices of Hope
The National Lottery Community Fund10/06/2022£9kVoices of Hope Choir
UK government01/04/2021£50kArts Council National Lottery Project Grants
The National Lottery Community Fund11/12/2020£10kMusical Connections
The National Lottery Community Fund06/12/2019£10kWomen's Voices

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 ORPHEUS SINFONIA FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
OLYMPIAS MUSIC FOUNDATION£349k—0below—no doubt
ORPHEUS SINFONIA FOUNDATION FY2025£218k—0unclear—no doubt
APOLLO MUSIC PROJECTS FY2025£305k——unclear—no doubt
OXFORD LIEDER FY2025£710k—0unclear—no doubt
PIMLICO MUSICAL FOUNDATION FY2025£265k—0unclear—no doubt
PHILHARMONIA LTD FY2025£11.1m——unclear—no doubt

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