Finance Score: 4
Governance Score: 9
Support Score: 11
  • Poor Liquidity: -1
  • Strong growth: +2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Overall weighted support: +11
Overall GiG Score: 24 ?

AWARDS FOR YOUNG MUSICIANS

We work across a number of partnership programmes to enable musically talented young people from low income families to fulfil their potential.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/23£1,404£1,511£-107£100£655£550.495
31/12/22£1,354£1,406£-53£90£737£2312810
31/12/21£1,117£1,197£-80£73£821£3423.4710
31/12/20£823£904£-81£68£903£3304.4610
31/12/19£1,372£848£524£67£977£4486.3520
31/12/18£773£664£109£56£445£1472.740
31/12/17£538£461£77£45£339£1213.230
31/12/16£428£397£30n/an/an/an/an/an/a
31/12/15£262£306£-44n/an/an/an/an/an/a
31/12/14£227£265£-37n/an/an/an/an/an/a
31/12/13£161£240£-79n/an/an/an/an/an/a
31/12/12£226£201£24n/an/an/an/an/an/a
31/12/11£151£168£-17n/an/an/an/an/an/a
31/12/10£140£132£8n/an/an/an/an/an/a
31/12/09£66£118£-52n/an/an/an/an/an/a
31/12/08£48£110£-62n/an/an/an/an/an/a
31/12/07£53£96£-44n/an/an/an/an/an/a
31/12/06£46£88£-41n/an/an/an/an/an/a
31/12/05*£78£101£-23n/an/an/an/an/an/a
31/12/04£55£89£-33n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 7.2%
Fundraising Costs/Total Spending: 6.6%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 25%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 8%
Reserves/Spending: 0.4 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.5
Asset Split ?
Balance Sheet History
Established: 26 years

www.youngsounds.org.uk

enquiries@youngsounds.org.uk

0300 302 0023

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
GiG Classification
  • Performing and visual arts
How it operates
  • Makes grants to individuals
  • Provides advocacy/advice/information
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,
Who it helps
  • Children/Young People

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
Youth Music£300,000
Garfield Weston Foundation£60,000
DCMS£55,695
The Childhood Trust£40,738
Andrew Lloyd Webber Foundation£30,100
Backstage Trust£25,000
Specific Donations
Amount When
Months
To be used for
The Childhood Trust - Furthering Talent in Lewisham
£9,000 20/06/2023
We're fundraising to work with 30 children with emerging musical talent and from low income families to progress their musical development in partnership with Lewisham Music. Each child will receive tailored musical support including free weekly ....more
Garfield Weston Foundation - Main Grants award
£30,000 11/11/2022
Awards for Young Musicians
Youth Music - Furthering Talent Connect
£300,000 12/10/2022
Furthering Talent Connect
Backstage Trust - Programme Costs grant
£25,000 12/10/2022
Furthering Talent programme
The Childhood Trust - C-59243
£6,038 28/06/2022
Musical talent is everywhere but opportunity isn?t: family finances and other obstacles too often get in the way. We're here to change this in two key ways. We: · Support young musicians from low income families: with funding and other ....more
The Childhood Trust - Give young people the chance of a musical life.
£20,000 12/06/2022
Musical talent is everywhere but opportunity isn?t. Our Awards programme supports talented young musicians from low income families so they can progress further and reach their potential. In 2023, we want to help 300 young musicians through the ....more
DCMS - Investment Funds
£55,695 30/11/2021
We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has access to a remarkable range of ....more
Community Foundation serving Tyne & Wear and Northumberland - A grant to Awards for Young Musicians
£6,000 21/10/2021
Running costs for the Furthering Talent (FT) programme in Sunderland
The Childhood Trust - Furthering Talent in Lewisham
£5,700 22/06/2021
We're fundraising to work with 30 children with emerging musical talent & from low income families to progress their musical development in partnership with Lewisham Music. Each child will receive tailored musical support including free weekly ....more
The Grocers' Charity - 2021 - Awards for Young Musicians
£5,000 02/06/2021
Towards core costs to fully support 10 of 150 Young Musicians £500 awards.
Garfield Weston Foundation - Main Grants award
£30,000 05/03/2021
Awards for Young Musicians: Application for core costs
Community Foundation for Surrey - Awards - Surrey
£5,000 17/01/2020
23
Support for Young Musicians Awards for young people from Surrey
Andrew Lloyd Webber Foundation - Grant to Awards for Young Musicians
£30,100 26/11/2019
36
Attune - Covid-19 flexibility agreed
Youth Music - Scale, enrich, transform: creating an Online Individual Learning Plan (O-ILP) for 1000s of young people’s musical progression
£30,000 23/10/2019
Scale, enrich, transform: creating an Online Individual Learning Plan (O-ILP) for 1000s of young people’s musical progression
Garfield Weston Foundation - Main Grants award
£20,000 25/01/2019
Presto match-funding campaign
Youth Music - Furthering Talent and Practical Progression
£159,700 19/01/2018
Furthering Talent and Practical Progression
Andrew Lloyd Webber Foundation - Grant to Awards for Young Musicians
£20,100 08/03/2017
12
Furthering Talent (FT)
Youth Music - Furthering Talent and Practical Progression
£149,900 28/10/2016
Furthering Talent and Practical Progression
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)
Current Trustees appointed
Gender Split
Based on 11/12 persons

Age Range of Trustees: 20-78
  • BEVERLEY MASON Appointed: 2002, Occupation: Consultant
  • FIONA HARVEY Appointed: 2007, Occupation: Arts Mangement Consultant
  • FINTAN CANAVAN Appointed: 2023, Occupation: Banker
  • JULIAN FORBES Appointed: 2024, Occupation: Freelance Arts Manager And Consultant
  • KAREN HUMPHREYS Appointed: 2021, Occupation: Head Of Junior Conservatoire
  • LAURIE JOHNSTONE WATT Appointed: 2007, Occupation: Solictor
  • LYNDA BEAMENT Appointed: 2018, Occupation: Retired
  • MICHAEL LITTLECHILD Appointed: 2002, Occupation: Director
  • MAX BROWN Appointed: 2023, Occupation: Student
  • PHILIP EDWARD JONES (Chair) Appointed: 2003, Occupation: Retired
  • THOMAS SHARPE QC Appointed: 2019, Occupation: Barrister
  • UTA HOPE Appointed: 2024, Occupation: Fundraising Consultant
Legal constitution
  • Charitable company registered in England & Wales on 13/08/1998, number: 1070994
  • Registered at Companies House on 23/07/1998, number: 03602851
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints policy and procedures
  • 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
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR05: 5 days late,
Recent reorganisation events:
  • Asset transfer in from CAMBRIDGESHIRE CHORAL SOCIETY on 01/11/2021
Main office

PO BOX 2754
BRISTOL
BS4 9DA

Objectives

TO ADVANCE PUBLIC EDUCATION AND APPRECIATION OF THE ART AND SCIENCE OF MUSIC WITH PARTICULAR EMPHASIS ON THE PROMOTION OF SPECIALIST MUSIC EDUCATION AMONGST CHILDREN AND YOUNG PERSONS UNDER THE AGE OF EIGHTEEN YEARS OLD THROUGH THE ESTABLISHMENT AND MAINTENANCE OF SCHOLARSHIPS AND OTHER AWARDS.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great