Charity Accounts Intelreading the accounts so you don’t have to

THE ROYAL SOCIETY OF MUSICIANS OF GREAT BRITAIN

Registered charity 208879 · accounts filings on the Charity Commission register

Get email alerts for this charity

Latest income
£1.4m
Latest spending
£1.3m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £80,267 for the year ended 31 July 2025, driven by strong investment returns despite a loss in the market valuation of equities. The charity holds substantial unrestricted funds of £37,773,541, with free reserves of £566,598, which the trustees consider prudent to hold in investments to generate income rather than in deposit accounts. Per the trustees' report, the organization remains financially stable with adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£78k)
“One employee had benefits falling between £60,000 and £70,000 (excluding pensions and employer National Insurance contributions) (2024: 1).” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee had benefits falling between £60,000 and £70,000 (excluding pensions and employer National Insurance contributions) (2024: 1).” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months' expenditure (held: £567k)
“For the Society it has been considered prudent to continue to aim to hold an amount equivalent to six months’ expenditure as free reserves: currently this would be over £800,000.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Governors are members of the Society and pay annual subscriptions or life membership fees. Four Governors donated £1,010 in addition to their fees.
“Four (2024: five) Governors donated £1,010 in addition to their annual membership fees in the year (2024: £1,160). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.” — page 51
“Five (2024: six) members of the board of Governors received travel and subsistence expenses during the year of £8,677 (2024:£4,452).” — page 51
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Five Governors received travel and subsistence expenses.
“Four (2024: five) Governors donated £1,010 in addition to their annual membership fees in the year (2024: £1,160). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.” — page 51
“Five (2024: six) members of the board of Governors received travel and subsistence expenses during the year of £8,677 (2024:£4,452).” — page 51
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BHP LLP. Discloses 6 of 6 completeness components.

What the charity says about itself (2024/25)

From its own voluntary annual review / impact report— the charity’s account of its work, distinct from the statutory accounts analysed above.

The report covers the year ended 31 July 2025.
“The Trustees of The Royal Society of Musicians of Great Britain (the Society, RSM) present their Annual Report for the year ended 31 July 2025.”
The charity supported 518 music professionals with 732 grants.
“Over the past 12 months, RSM supported 518 music professionals with a combined total of 732 grants – an increase of 65% in the number of individuals supported in the past five years (2021: 314 music professionals).”
The charity awarded 135 grants for musculoskeletal health issues.
“This year, the most frequently awarded specialist health grants were for physical therapies (38% or 135 grants), continuing trends of the previous two years and preCOVID. This includes physiotherapy such as myofascial release therapy; osteopathy; acupuncture; chiropractic treatment; vocal rehabilitation and massage therapy.”

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£1.4m
Total spending
£1.3m
Cost of raising funds
£289k
Reserves (reported)
£567k
Employees
5

Reported reserves equal ~5.4 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/07/2025£1.4m£1.3m
31/07/2024£1.5m£1.5m
31/07/2023£1.3m£1.3m
31/07/2022£1.4m£1.4m
31/07/2021£1.4m£1.7m

Common questions

Is THE ROYAL SOCIETY OF MUSICIANS OF GREAT BRITAIN financially healthy?

The accounts state that the charity reported a net income of £80,267 for the year ended 31 July 2025, driven by strong investment returns despite a loss in the market valuation of equities. The charity holds substantial unrestricted funds of £37,773,541, with free reserves of £566,598, which the trustees consider prudent to hold in investments to generate income rather than in deposit accounts. Per the trustees' report, the organization remains financially stable with adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by BHP LLP.

What does the highest-paid employee of THE ROYAL SOCIETY OF MUSICIANS OF GREAT BRITAIN earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.