THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND

Registered charity 504948 · accounts filings on the Charity Commission register

To apply its income to the education of students of the Royal Northern College of Music by the award of prizes, exhibitions, grants for travel or for the purchase of musical instruments, maintenance allowances or similar benefits.

Objects

FOR THE ADVANCEMENT OF THE EDUCATION OF STUDENTS AND FORMER STUDENTS OF THE ROYAL MANCHESTER COLLEGE OF MUSIC AND THE ROYAL NORTHERN COLLEGE OF MUSIC BY THE AWARD OF PRIZES, SCHOLARSHIPS, EXHIBITIONS, GRANTS FOR TRAVEL OR FOR THE PURCHASE OF MUSICAL INSTRUMENTS, MAINTENANCE ALLOWANCES AND OTHER SIMILAR BENEFITS.

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 · website · Get email alerts

Registered contact address: Manchester, North West, England (from the postcode on the register)

Latest income
£1.9m
Latest spending
£2.7m
Registered
1976
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £1.2m, which is above the stated policy minimum of £500,000. The charity reported a net deficit for the year of £519,035, primarily driven by charitable expenditure exceeding income, though this was offset by significant investment gains. The trustees confirmed the charity has adequate resources to continue as a going concern.

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

What the accounts disclose

Largest income source: Investments (51% of income)
“Unrestricted income for the year ended 31 July 2025 was £1,135,850. Of this, £17,529 was derived from legacies and donations and the balance of £1,118,321 arose from investments and bank balances held as part of the permanently endowed capital of the charity.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: minimum level of £500,000 (reserves figure: £1.2m)
“Whilst the Trustee seeks to maintain undesignated unrestricted funds at a minimum level of £500,000 to cover any unplanned expenditure, they do not deem it necessary to hold a specific amount in reserve to cover short term declines in income.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. 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.

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 31/07/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/07/2024

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/07/2023

  • Grant-making is its main activity

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

Structured financials (annual return, FY ending 31/07/2025)

Total income
£2.2m
Total spending
£2.7m
Cost of raising funds
£120k
Reserves (reported)
£1.2m
Employees
0

Reported reserves equal ~5.3 months of spending — above the median for charities its size (median 4.7 months; benchmarks).

Per its annual return, cost of raising funds: 5.5% of total income — above the median for charities its size (5.3%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Manchester City

Income and spending

Financial year endIncomeSpending
31/07/2025£1.9m£2.7m
31/07/2024£2.2m£2.1m
31/07/2023£1.6m£2.1m
31/07/2022£1.2m£1.6m
31/07/2021£914k£1.7m

Common questions

Is THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1.2m, which is above the stated policy minimum of £500,000. The charity reported a net deficit for the year of £519,035, primarily driven by charitable expenditure exceeding income, though this was offset by significant investment gains. The trustees confirmed the charity has adequate resources to continue as a going concern. Its FY2025 accounts were audited by HaysMac LLP.

Who funds THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND?

Funders whose own accounts filings name THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND as a grant recipient include THE OLDHURST TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE OLDHURST TRUSTFY2024£2k
THE OLDHURST TRUSTFY2023£2k
THE OLDHURST TRUSTFY2021£2k
THE OLDHURST TRUSTFY2025£2k
THE OLDHURST TRUSTFY2022amount not stated

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 THE ROYAL NORTHERN COLLEGE OF MUSIC ENDOWMENT FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND£1.9m—0above—no doubt
THE ROYAL NORTHERN COLLEGE OF MUSIC ENDOWMENT FUND FY2025£4.0m—0unclear—no doubt
THE ROYAL COLLEGE OF MUSIC FY2025£41.1m——unclear—no doubt
THE ACADEMY OF ANCIENT MUSIC FY2025£1.2m——unclear—no doubt
NORTH WALES MUSIC TUITION CENTRES FY2025£335k—0unclear—no doubt
NORTH NORFOLK MUSIC FESTIVAL FY2025£111k——above—no doubt

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