YOUNG CLASSICAL ARTISTS TRUST

Registered charity 326490 · accounts filings on the Charity Commission register · also known as YCAT, YOUNG CONCERT ARTISTS TRUST

YCAT was set up in 1984 to identify, nurture and promote outstanding young soloists and ensembles at the outset of their professional careers. As an artist management service YCAT liaises with promoters in the UK and abroad. YCAT also presents concerts to showcase the artists it represents. After three years of representation YCAT aims to introduce the artists to suitable commercial management.

Objects

TO PROMOTE THE ARTS AND SCIENCES AND IN PARTICULAR THE ART AND SCIENCE OF MUSIC BY ASSISTING YOUNG MUSICIANS BEING PERSONS OF MODERATE OR LIMITED MEANS IN SUCH A WAY AS TO ENABLE THEM TO BECOME SELF-SUPPORTING. (FOR FURTHER DETAILS SEE CLAUSE 3 OF MEMORANDUM OF ASSOCIATION.)

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

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

Latest income
£815k
Latest spending
£634k
Registered
1984
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds £376,627 in general unrestricted funds, which the trustees consider sufficient to maintain operations for at least 12 months. Cash at bank increased to £832,466, representing 131% of annual expenditure, indicating a healthy liquidity position. The charity reported a net surplus of £205,011 for the year, supported by strong investment gains and stable fundraising income.

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

What the accounts disclose

Highest-paid employee band: £90,001 - £100,000 — above the 90th percentile for charities its size (median £60k)
“One employee earned between £90,000 and £100,000 during the year” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee earned between £90,000 and £100,000 during the year” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 9 months of core operating costs (reserves figure: £377k)
“The trustees have agreed to ring fence an annual target level of general free reserves equating to 9 months of core operating costs.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant received from Ann Driver Trust, where CEO is a trustee.
“A Tait, the CEO, is also a trustee of The Ann Driver Trust. During the year YCAT received a grant of £3,000 (2024: £3,000) from the Ann Driver Trust.” — page 45
“A Tait, the CEO is also a trustee of the Countess of Munster Musical Trust. During the year the charity received a grant of £24,676 (2024: £23,622) from the Countess of Munster Musical Trust.” — page 45
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant received from Countess of Munster Musical Trust, where CEO is a trustee.
“A Tait, the CEO, is also a trustee of The Ann Driver Trust. During the year YCAT received a grant of £3,000 (2024: £3,000) from the Ann Driver Trust.” — page 45
“A Tait, the CEO is also a trustee of the Countess of Munster Musical Trust. During the year the charity received a grant of £24,676 (2024: £23,622) from the Countess of Munster Musical Trust.” — page 45
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent paid to Wigmore Hall, where CEO's partner is Executive Director.
“A Tait, the CEO, is also a trustee of The Ann Driver Trust. During the year YCAT received a grant of £3,000 (2024: £3,000) from the Ann Driver Trust.” — page 45
“A Tait, the CEO is also a trustee of the Countess of Munster Musical Trust. During the year the charity received a grant of £24,676 (2024: £23,622) from the Countess of Munster Musical Trust.” — page 45
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Insurance premiums paid to Howden Insurance, where trustee J Webb is Client Director.
“A Tait, the CEO, is also a trustee of The Ann Driver Trust. During the year YCAT received a grant of £3,000 (2024: £3,000) from the Ann Driver Trust.” — page 45
“A Tait, the CEO is also a trustee of the Countess of Munster Musical Trust. During the year the charity received a grant of £24,676 (2024: £23,622) from the Countess of Munster Musical Trust.” — page 45
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees and close relatives.
“A Tait, the CEO, is also a trustee of The Ann Driver Trust. During the year YCAT received a grant of £3,000 (2024: £3,000) from the Ann Driver Trust.” — page 45
“A Tait, the CEO is also a trustee of the Countess of Munster Musical Trust. During the year the charity received a grant of £24,676 (2024: £23,622) from the Countess of Munster Musical Trust.” — page 45
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Godfrey Wilson Limited. Discloses 6 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.

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 31/08/2025

  • Employees paid over £60,000: 1 (£90,001–£100,000: 1)

Self-declared on the annual return for the financial year ending 31/08/2024

  • Employees paid over £60,000: 1 (£90,001–£100,000: 1)

Self-declared on the annual return for the financial year ending 31/08/2023

  • Employees paid over £60,000: 1 (£90,001–£100,000: 1)

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

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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

Structured financials (annual return, FY ending 31/08/2025)

Total income
£815k
Total spending
£634k
Cost of raising funds
£122k
Reserves (reported)
£371k
Employees
8

Reported reserves equal ~7.0 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 14.9% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Register events

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
31/08/2025£815k£634k
31/08/2024£539k£501k
31/08/2023£531k£467k
31/08/2022£419k£462k
31/08/2021£525k£413k

Common questions

Is YOUNG CLASSICAL ARTISTS TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds £376,627 in general unrestricted funds, which the trustees consider sufficient to maintain operations for at least 12 months. Cash at bank increased to £832,466, representing 131% of annual expenditure, indicating a healthy liquidity position. The charity reported a net surplus of £205,011 for the year, supported by strong investment gains and stable fundraising income. Its FY2025 accounts were audited by Godfrey Wilson Limited.

What does the highest-paid employee of YOUNG CLASSICAL ARTISTS TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band, and 1 employees earned over £60,000.

Who funds YOUNG CLASSICAL ARTISTS TRUST?

Funders whose own accounts filings name YOUNG CLASSICAL ARTISTS TRUST as a grant recipient include BACKSTAGE TRUST, MUSICIANS BENEVOLENT FUND, KATHLEEN BERYL SLEIGH CHARITABLE TRUST, MARIA BJORNSON MEMORIAL FUND, THE JOHN S COHEN FOUNDATION.

Known funders

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

Grants marked “Unverified read” were flagged by automated checks as possibly misread from the funder’s filed accounts. They are listed, but left out of the totals, counts and funder relationships this site computes.

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 NATIONAL YOUTH ARTS TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
YOUNG CLASSICAL ARTISTS TRUST£815k£90,001 - £100,0001unclear—no doubt
NATIONAL YOUTH ARTS TRUST FY2025£262k—0unclear—no doubt
UK ADVISING AND TUTORING FY2025£125k—0below—no doubt
YOUTH CREATE FY2025£53k—0unclear—no doubt
YOUNG MEN'S CHRISTIAN ASSOCIATION NEATH BRANCH FY2025£141k—0above—no doubt
YOUNG ACTORS' THEATRE ISLINGTON FY2024£447k—0below—no doubt

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