WORSHIPFUL COMPANY OF MUSICIANS CHARITABLE FUND

Registered charity 310040 · accounts filings on the Charity Commission register · also known as CHARITIES ADMINISTERED IN CONNECTION WITH THE WORSHIPFUL COMPANY OF MUSICIANS, VARIOUS CHARITIES ADMINISTERED IN CONNECTION WITH THE WORSHIPFUL COMPANY OF MUSICIANS

Award of medals, prizes and scholarships, the provision of live public performances, focusing on helping young musicians at the start of their professional careers, bringing live performances to diverse audiences without onerous pre-conditions. Outreach in schools. The support made available to musicians and music based projects in all areas of society confers immeasurable public benefit.

Objects

(1) TO PROMOTE EDUCATION IN MUSIC; AND(2) THE RELIEF OF MUSICIANS OR THEIR DEPENDANTS WHO ARE IN NEED OF FINANCIAL ASSISTANCE.

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: Education/training · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: City of London, London, England (from the postcode on the register)

Received the assets of:

THE CONCORDIA FOUNDATION ARTISTS FUND (charity 1132981) — merger registered 26/08/2025
THE MUSICIANS COMPANY FUND (charity 264303) — merger registered 26/08/2025

Source: Charity Commission register of merged charities (OGL v3.0).

Latest income

£508k

Latest spending

£522k

Registered

1964

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the Charity held free reserves of £5,552,689 as at 31 December 2025, with total net assets of £8,608,628. The Trustees believe the financial position is sufficient for immediate purposes and have concluded there are no material uncertainties regarding the going concern basis of accounting.

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

What the accounts disclose

Reserves policy: As a grant and awards-making body that provides neither services nor materials and has no long-term grant commitments to which it is legally bound, the Charity has no requirement for reserves in the normal sense. (reserves figure: £5.6m)

“As a grant and awards-making body that provides neither services nor materials and has no long-term grant commitments to which it is legally bound, the Charity has no requirement for reserves in the normal sense.”

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Rent and service charges paid to City of London Corporation

“Rent and service charges amounting to £17,023 (2024: £17,023) were paid to the City of London Corporation (the Corporation) by the Company part of which was recharged to the Charity.” — page 30

“The Charity made a grant of £1,300 (2024: £1,300) to the National Youth Brass Band of Great Britain. Court Assistant Mark Bromley is Chief Executive of The National Youth Brass Band of Great Britain.” — page 30

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Grant to National Youth Brass Band of Great Britain

“Rent and service charges amounting to £17,023 (2024: £17,023) were paid to the City of London Corporation (the Corporation) by the Company part of which was recharged to the Charity.” — page 30

“The Charity made a grant of £1,300 (2024: £1,300) to the National Youth Brass Band of Great Britain. Court Assistant Mark Bromley is Chief Executive of The National Youth Brass Band of Great Britain.” — page 30

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Payment to Guildhall School of Music and Drama

“Rent and service charges amounting to £17,023 (2024: £17,023) were paid to the City of London Corporation (the Corporation) by the Company part of which was recharged to the Charity.” — page 30

“The Charity made a grant of £1,300 (2024: £1,300) to the National Youth Brass Band of Great Britain. Court Assistant Mark Bromley is Chief Executive of The National Youth Brass Band of Great Britain.” — page 30

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Donations by Court of the Company

“Rent and service charges amounting to £17,023 (2024: £17,023) were paid to the City of London Corporation (the Corporation) by the Company part of which was recharged to the Charity.” — page 30

“The Charity made a grant of £1,300 (2024: £1,300) to the National Youth Brass Band of Great Britain. Court Assistant Mark Bromley is Chief Executive of The National Youth Brass Band of Great Britain.” — page 30

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Recharged costs from The Worshipful Company of Musicians

“Rent and service charges amounting to £17,023 (2024: £17,023) were paid to the City of London Corporation (the Corporation) by the Company part of which was recharged to the Charity.” — page 30

“The Charity made a grant of £1,300 (2024: £1,300) to the National Youth Brass Band of Great Britain. Court Assistant Mark Bromley is Chief Executive of The National Youth Brass Band of Great Britain.” — page 30

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 4 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.

Bullying and harassment policy and procedures
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

Volunteers: 16
Employees paid over £60,000: 1 (£60,001–£70,000: 1)

Source: this charity’s annual returns on the Charity Commission register.

Public fundraising profile: JustGiving — Worshipful Company of Musicians Charitable Fund (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

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

Total income

£508k

Total spending

£522k

Cost of raising funds

£22k

Reserves (reported)

£5.6m

Employees

4

Reported reserves equal ~127.6 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 4.2% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Received assets from another charity (26/08/2025) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (26/08/2025) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

THE WORSHIPFUL COMPANY OF MUSICIANS

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2025	£508k	£522k
31/12/2024	£18k	£217k
31/12/2023	£18k	£225k
31/12/2022	£22k	£200k
31/12/2021	£21k	£229k

Common questions

Is WORSHIPFUL COMPANY OF MUSICIANS CHARITABLE FUND financially healthy?

Per its FY2025 accounts: The accounts state that the Charity held free reserves of £5,552,689 as at 31 December 2025, with total net assets of £8,608,628. The Trustees believe the financial position is sufficient for immediate purposes and have concluded there are no material uncertainties regarding the going concern basis of accounting. Its FY2025 accounts were audited by Buzzacott Audit LLP.

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.

Funder	Similar charities funded	Amount to them
THE KARLSSON JATIVA CHARITABLE FOUNDATION	1	£993k
BARNWOOD TRUST	1	£343k
THE PRUDENCE TRUST	1	£264k
THIRTY PERCY FOUNDATION	1	£251k
HUO FAMILY FOUNDATION (UK) LIMITED	1	£204k
THE FOYLE FOUNDATION	1	£200k
THE CHIMO TRUST CIO	1	£90k
THE NATIONAL FOUNDATION FOR YOUTH MUSIC	1	£69k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with COUNTESS OF MUNSTER MUSICAL TRUST.

COUNTESS OF MUNSTER MUSICAL TRUST income £202k
MUSICIANS BENEVOLENT FUND income £5.7m
MACCLESFIELD MUSIC CENTRE income £72k
YORKSHIRE YOUNG MUSICIANS income £363k
WIRKSWORTH MUSIC CENTRE CHARITABLE TRUST income £30k
MUSIC AND WORSHIP FOUNDATION CIO income £71k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
WORSHIPFUL COMPANY OF MUSICIANS CHARITABLE FUND	£508k	—	—	unclear	—	no doubt
COUNTESS OF MUNSTER MUSICAL TRUST FY2025	£202k	—	0	unclear	—	no doubt
MUSICIANS BENEVOLENT FUND FY2025	£5.7m	—	14	unclear	—	no doubt
MACCLESFIELD MUSIC CENTRE FY2025	£72k	—	0	unclear	—	no doubt
YORKSHIRE YOUNG MUSICIANS FY2025	£363k	—	0	above	—	no doubt
WIRKSWORTH MUSIC CENTRE CHARITABLE TRUST FY2025	£30k	—	0	unclear	352.0%	no doubt

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