MUSICIANS BENEVOLENT FUND

Registered charity 228089 · accounts filings on the Charity Commission register · also known as HELP MUSICIANS UK, Help Musicians, MBF · also registered in Scotland as SC049625 (OSCR)

Latest income
£5.7m
Latest spending
£9.2m
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total income decreased by 20% to £5.7 million, primarily due to a reduction in legacy income, while total expenditure was £9.2 million. The charity reported a net loss of £1.1 million after investment gains, bringing total reserves down to £47.9 million from £49.0 million in the prior year. The trustees note that the current level of funding is not sustainable in the long term and intend to reduce reserves in a controlled manner until they reach an appropriate level.

What the accounts disclose

Employees paid over £60,000: 14
All fourteen employees earning more than £60,000 (2024: ten) participated in the defined contribution scheme. — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: MBF Trading Limited
The financial statements also consolidate the results of the charity’s wholly-owned subsidiary, MBF Trading Limited.
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£5.7m
Total spending
£9.2m
Cost of raising funds
£1.7m
Reserves (reported)
£7.4m
Employees
70

Reported reserves equal ~9.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Register events

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
31/12/2025£5.7m£9.2m
31/12/2024£7.1m£10.0m
31/12/2023£6.5m£11.3m
31/12/2022£5.6m£11.2m
31/12/2021£7.1m£12.6m

Common questions

Is MUSICIANS BENEVOLENT FUND financially healthy?

The accounts state that total income decreased by 20% to £5.7 million, primarily due to a reduction in legacy income, while total expenditure was £9.2 million. The charity reported a net loss of £1.1 million after investment gains, bringing total reserves down to £47.9 million from £49.0 million in the prior year. The trustees note that the current level of funding is not sustainable in the long term and intend to reduce reserves in a controlled manner until they reach an appropriate level. Its FY2025 accounts were audited by Buzzacott Audit LLP.

Who funds MUSICIANS BENEVOLENT FUND?

Funders whose own accounts filings name MUSICIANS BENEVOLENT FUND as a grant recipient include HUO FAMILY FOUNDATION (UK) LIMITED, THE CHARLES SKEY CHARITABLE TRUST, THE KATHLEEN SMITH FOUNDATION, THE OFENHEIM CHARITABLE TRUST, WHITAKER CHARITABLE TRUST.

Known funders

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

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 THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS.