THE ROYAL NORTHERN COLLEGE OF MUSIC ENDOWMENT FUND

Registered charity 504949 · accounts filings on the Charity Commission register · also known as GENERAL FUNDS OF THE ROYAL MANCHESTER COLLEGE OF MUSIC

Support of the Royal Northern College of Music and the Junior School at the Royal Northern College of Music and the advancement of the education of its students and former students.

Causes: Education/training · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£4.0m

Latest spending

£4.3m

Registered

1976

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves of £10,441,126 significantly exceed the stated policy target of £1,000,000. The trustees report that the charity has adequate resources to continue in operation for the foreseeable future with no material uncertainties identified.

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

What the accounts disclose

Largest income source: ABRSM distribution, legacies and donations (89% of income)

“Unrestricted income for the year ended 31 July 2025 was £2,567,804. Of this £2,282,278 was derived from ABRSM distribution, legacies and donations” — page 6

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: £1,000,000 (held: £10.4m)

“It is the policy of the Trustee to seek to maintain undesignated unrestricted funds, which are the free reserves of the charity, at a level of £1,000,000” — page 7

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Grant payments made to RNCM in year amounted to £4,118k, income received from RNCM in year amounted to £192k and an intra-group loan of up to £3m was available to RNCM and £700k was outstanding at year end.

“Grant payments made to RNCM in year amounted to £4,118k, income received from RNCM in year amounted to £192k and an intra-group loan of up to £3m was available to RNCM and £700k was outstanding at year end.” — page 19

“ABRSM, as an associate of the Royal Northern College of Music Endowment Fund, is a related party. £1,750k was received in year from ABRSM as a distribution of surpluses generated by ABRSM.” — page 19

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: ABRSM, as an associate of the Royal Northern College of Music Endowment Fund, is a related party. £1,750k was received in year from ABRSM as a distribution of surpluses generated by ABRSM.

“Grant payments made to RNCM in year amounted to £4,118k, income received from RNCM in year amounted to £192k and an intra-group loan of up to £3m was available to RNCM and £700k was outstanding at year end.” — page 19

“ABRSM, as an associate of the Royal Northern College of Music Endowment Fund, is a related party. £1,750k was received in year from ABRSM as a distribution of surpluses generated by ABRSM.” — page 19

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 5 of 6 completeness components.

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

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

Total income

£4.0m

Total spending

£4.3m

Cost of raising funds

£25k

Reserves (reported)

£10.4m

Employees

Reported reserves equal ~29.2 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (90% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.6% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Received assets from another charity (01/12/2019) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

ROYAL NORTHERN COLLEGE OF MUSIC · trustee of 1 other charity

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

Operates in: Manchester City

Income and spending

Financial year end	Income	Spending
31/07/2025	£4.0m	£4.3m
31/07/2024	£2.8m	£2.5m
31/07/2023	£1.8m	£2.6m
31/07/2022	£863k	£555k
31/07/2021	£620k	£544k

Common questions

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

Per its FY2025 accounts: The accounts state that unrestricted reserves of £10,441,126 significantly exceed the stated policy target of £1,000,000. The trustees report that the charity has adequate resources to continue in operation for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by HaysMac LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Heritage Fund	12/10/2022	£206k	"Throwing Open The Doors - 50 Years of Manchester Music"
The National Lottery Heritage Fund	25/07/2019	£63k	"A 20/20 Legacy: the centenary of the Northern School of Music"
The National Lottery Heritage Fund	26/06/2017	£9k	"Revealing and Reinterpreting, "Making Music in Manchester during WW1""

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 LEVERHULME TRUST	2	£1.2m
MARIA BJORNSON MEMORIAL FUND	2	£855k
HENRY WOOD ACCOMMODATION TRUST	2	£236k
THE LONDON WOMEN'S CLINIC FOUNDATION	2	£207k
FISHMONGERS' COMPANY'S CHARITABLE TRUST	2	£186k
ST MARYLEBONE EDUCATIONAL FOUNDATION	2	£100k
DRAPERS CHARITABLE FUND	2	£70k
THE HARBOUR FOUNDATION	2	£61k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND.

THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND income £1.9m
THE ROYAL COLLEGE OF MUSIC income £41.1m
EARLY MUSIC AS EDUCATION income £137k
ROYAL BALLET SCHOOL ENDOWMENT FUND income £627k
ROYAL ACADEMY OF MUSIC income £33.2m
THE ROYAL COLLEGE OF ORGANISTS income £523k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
THE ROYAL NORTHERN COLLEGE OF MUSIC ENDOWMENT FUND	£4.0m	—	0	unclear	—	no doubt
THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND FY2025	£1.9m	—	0	above	—	no doubt
THE ROYAL COLLEGE OF MUSIC FY2025	£41.1m	—	—	unclear	—	no doubt
EARLY MUSIC AS EDUCATION FY2025	£137k	—	0	within	—	no doubt
ROYAL BALLET SCHOOL ENDOWMENT FUND FY2025	£627k	—	0	unclear	—	no doubt
ROYAL ACADEMY OF MUSIC FY2025	£33.2m	—	—	unclear	14.3%	no doubt

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