LONDON MUSICIANS' COLLECTIVE LIMITED
A musical educational charity which is licensed by OFCOM to run the community radio station "Resonance FM".
Financial health, per its FY2025 accounts
The accounts state that the charity returned to a surplus of £29,104 after a previous deficit, with total income of £301,112 against total expenditure of £272,008. Per the trustees' report, unrestricted free reserves stand at £14,954, which is significantly below the Board's stated policy target of 25% of annual running costs. The trustees confirm adequate resources for going concern, citing rolling funding from Arts Council England until 2028 and successful fundraising efforts.
What the accounts disclose
“One member of staff earned over £60,000 for the financial year” — page 17
“One member of staff earned over £60,000 for the financial year (2024 - one).” — page 17
“Free reserves currently represent 2% of annual running costs.”
Property (HM Land Registry)
Trustees
- ANDREW KENNETH LOWE
- Aaron Kester Minkah Vaughan-Dick
- Celine Fanny Rich-Darley
- Gemma Catherine Kirk
- Ilan Daniel Aarons
- Jennifer Holroyd
- John Laurence Appleby
- John Maxwell Hobbs
- Kuntal Biswas
- Maria Therese Patterson
- Michael David Hill
- Nancy Anne Perlman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £301k | £272k |
| 31/03/2024 | £261k | £285k |
| 31/03/2023 | £228k | £259k |
| 31/03/2022 | £244k | £223k |
| 31/03/2021 | £243k | £234k |
Common questions
Is LONDON MUSICIANS' COLLECTIVE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity returned to a surplus of £29,104 after a previous deficit, with total income of £301,112 against total expenditure of £272,008. Per the trustees' report, unrestricted free reserves stand at £14,954, which is significantly below the Board's stated policy target of 25% of annual running costs. The trustees confirm adequate resources for going concern, citing rolling funding from Arts Council England until 2028 and successful fundraising efforts. Its FY2025 accounts were independently examined.
What does the highest-paid employee of LONDON MUSICIANS' COLLECTIVE LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the Over £60,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 13/10/2022 | £163k | National Portfolio Organisations |
| UK government | 13/10/2022 | £163k | National Portfolio Organisations |
| UK government | 13/12/2021 | £163k | National Portfolio Organisations |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DR RADCLIFFE'S TRUST | 3 | £21k |
| THE MARCHUS TRUST | 2 | £10k |
| The Barnes Fund | 1 | £333k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £289k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £289k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £110k |
| THE VINEHILL TRUST | 1 | £50k |
| HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST | 1 | £29k |
Charities like this
- ROYAL PHILHARMONIC ORCHESTRA LIMITED
- ROYAL CHORAL SOCIETY LIMITED
- Contemporary Music for All
- RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED
- THE LONDON SYMPHONY CHORUS
- THE PREMISES MUSIC EDUCATION PROGRAMME
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LONDON MUSICIANS' COLLECTIVE LIMITED | £301k | Over £60,000 | 1 | below | — | no doubt |
| ROYAL PHILHARMONIC ORCHESTRA LIMITED | £11.8m | — | — | unclear | 5.0% | no doubt |
| ROYAL CHORAL SOCIETY LIMITED | £285k | — | 0 | unclear | — | no doubt |
| Contemporary Music for All | £209k | — | 0 | unclear | — | no doubt |
| RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED | £1.8m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| THE LONDON SYMPHONY CHORUS | £167k | — | 0 | unclear | — | no doubt |