MUSIC AND LETTERS TRUST

Registered charity 262506 · accounts filings on the Charity Commission register

The Charity receives income from the production of the musicological periodical _Music & Letters_, which is used to give awards to support musicological research.

Objects

THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT TO ADVANCE THE EDUCATION OF THE PUBLIC IN AND TO FOSTER RESEARCH INTO THE ART AND SCIENCE OF MUSIC.

Area of benefit: NOT DEFINED.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Latest income
£30k
Latest spending
£33k
Registered
1972
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £204,127, which is below the trustees' stated policy target of maintaining sufficient reserves to operate for about five years. The charity reported a net loss of £2,312 for the year, primarily due to investment revaluation losses, while total income was £30,119 and charitable expenditure was £33,422.

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

What the accounts disclose

Largest income source: Royalties (82% of income)
“Income from charitable activities consists of royalties received from the journal Music & Letters which is recognised when receivable.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: five years of operational expenditure (held: £204k)
“The Trustees believe that the charity should maintain sufficient reserves to enable it to operate for about five years in the event of a sharp drop in income or of exceptional charitable expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One trustee received remuneration for services to the company and reimbursement of expenses totalling £263.
“One trustee received remuneration for services to the company and reimbursement of expenses totalling £263 (2023: £1,140)” — page 13
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£30k£33k
31/03/2024£33k£18k
31/03/2023£27k£15k
31/03/2022£25k£15k
31/03/2021£26k£15k

Common questions

Is MUSIC AND LETTERS TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £204,127, which is below the trustees' stated policy target of maintaining sufficient reserves to operate for about five years. The charity reported a net loss of £2,312 for the year, primarily due to investment revaluation losses, while total income was £30,119 and charitable expenditure was £33,422. Its FY2025 accounts were independently examined.