NMC RECORDINGS LTD
NMC believes that new music is a dynamic and engaging art. We seek to discover and share exceptional work that inspires and challenges. NMC:- produces high quality recordings of outstanding work by British composers- works with leading artists and ensembles- promotes these recordings to expand worldwide audiences for contemporary music- preserves this creativity for generations to come
Objects
(A) TO ADVANCE THE EDUCATION OF THE PUBLIC BY ENCOURAGING THE UNDERSTANDING APPRECIATION AND DEVELOPMENT OF MUSIC OF HIGH ARTISTIC CALIBRE COMPOSED BY LIVING MUSICIANS AND OF SUCH MUSIC GENERALLY. (B) TO MAINTAIN IMPROVE AND ADVANCE THE ENCOURAGEMENT OF WORKS OF HIGH ARTISTIC MERIT IN THE COMMUNITY AND CONTRIBUTE TO THE INCREASE OF KNOWLEDGE IN THE SPHERE OF MUSIC BY ASSISTING IN THE DISSEMINATION OF MERITORIOUS MUSICAL WORKS BOTH IN THE UNITED KINGDOM AND ABROAD.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £70,141 for the year ended 31 March 2025, with total income of £413,227 against total expenditure of £343,086. Per the trustees' report, unrestricted reserves stood at £94,815, which comfortably meets the stated policy target of holding enough reserves to fund a minimum of three months of basic operational costs.
What the accounts disclose
“No employee received remuneration amounting to more than £60,000 in either year.” — page 21
Policies the charity declares
- Bullying and harassment policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Government income: £50,000 — grants £50,000 (1); 12% of the £413,227 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Government income: £50,000 — grants £50,000 (1); 19% of the £256,707 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2023
- Government income: £40,736 — grants £40,736 (1); 13% of the £321,652 total gross income on the same return
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Trustees
- Professor Mick Peake OBEchair
- Barbara Baska
- CHRISTOPHER POTTS
- Chris O'Reilly
- Emily Granozio
- JACKIE NEWBOULD
- Naomi Winterburn
- Raj Arumugam
- TERENCE SINCLAIR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £413k | £343k |
| 31/03/2024 | £257k | £367k |
| 31/03/2023 | £322k | £329k |
| 31/03/2022 | £358k | £365k |
| 31/03/2021 | £362k | £273k |
Common questions
Is NMC RECORDINGS LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £70,141 for the year ended 31 March 2025, with total income of £413,227 against total expenditure of £343,086. Per the trustees' report, unrestricted reserves stood at £94,815, which comfortably meets the stated policy target of holding enough reserves to fund a minimum of three months of basic operational costs. Its FY2025 accounts were independently examined.
What does the highest-paid employee of NMC RECORDINGS LTD earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds NMC RECORDINGS LTD?
Funders whose own accounts filings name NMC RECORDINGS LTD as a grant recipient include THE FIDELITY UK FOUNDATION, VAUGHAN WILLIAMS FOUNDATION, GERALD FINZI TRUST, THE FENTON ARTS TRUST, THE MARCHUS TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE FIDELITY UK FOUNDATION | FY2025 | £75k | Arts, Culture and Heritage |
| VAUGHAN WILLIAMS FOUNDATION | FY2024 | £15k | Public Performance |
| GERALD FINZI TRUST | FY2023 | £10k | General Grants |
| VAUGHAN WILLIAMS FOUNDATION | FY2023 | £9k | Recordings |
| THE FENTON ARTS TRUST | FY2026 | £5k | |
| THE FENTON ARTS TRUST | FY2025 | £5k | |
| THE MARCHUS TRUST | FY2024 | £5k | |
| DR RADCLIFFE'S TRUST | FY2022 | £5k | Debut Discs |
| GERALD FINZI TRUST | FY2024 | £5k | |
| COLWINSTON CHARITABLE TRUST | FY2023 | £5k | Grant listed in Note 3 (2022 balance brought forward). |
| COLWINSTON CHARITABLE TRUST | FY2022 | £4k | Support their work in Wales, and with young Welsh composer Derri Joseph Lewis |
| DR RADCLIFFE'S TRUST | FY2025 | £3k | Debut Discs 2024/5: Mentoring & production costs for first solo albums of acclaimed next generation composers: Daniel Kidane & Hannah Kendall |
| THE AUSTIN AND HOPE PILKINGTON TRUST | FY2022 | £1k | Quarterly Grants for Institutions - Round One - The Arts Early Career Projects |
| THE GOLSONCOTT FOUNDATION | FY2024 | £750 | |
| GERALD FINZI TRUST | FY2022 | £500 | General Grants |
| THE ACCOMPLISHMENT TRUST | FY2025 | amount not stated |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TUIXEN FOUNDATION | 1 | £215k |
| THE GATSBY CHARITABLE FOUNDATION | 1 | £200k |
| THE MOHN WESTLAKE FOUNDATION | 1 | £180k |
| THE HAWORTH CHARITABLE TRUST | 1 | £97k |
| The Ethos Foundation | 1 | £80k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £50k |
| THE HEALTH FOUNDATION | 1 | £42k |
| THE EY FOUNDATION | 1 | £30k |
Charities like this
- NOTTINGHAM MUSIC SERVICE
- MANCHESTER COLLECTIVE
- NORFOLK COUNTY MUSIC FESTIVAL ASSOCIATION
- THE NEW MUSIC PLAYERS
- National Youth Music Theatre Ltd
- NORTHAMPTONSHIRE MUSIC AND PERFORMING ARTS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NMC RECORDINGS LTD | £413k | Under £60,000 | 0 | unclear | — | no doubt |
| NOTTINGHAM MUSIC SERVICE | £1.1m | — | 0 | unclear | — | no doubt |
| MANCHESTER COLLECTIVE | £714k | — | 0 | above | — | no doubt |
| NORFOLK COUNTY MUSIC FESTIVAL ASSOCIATION | £69k | — | 0 | unclear | — | no doubt |
| THE NEW MUSIC PLAYERS | £80k | — | 0 | unclear | — | no doubt |
| National Youth Music Theatre Ltd | £950k | — | 0 | below | — | no doubt |