AWARDS FOR YOUNG MUSICIANS
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Cash
£781k
+199.4% highest in 3 filed years
Net assets
£1.3m
+38.3% highest in 3 filed years
Employees
12
+20% highest in 3 filed years
Profit before tax
£330k
+27.7% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | £374,709 | £1,931,843 | £2,528,118 | +30.9% | |
| Operating profit | — | £258,858 | £330,463 | +27.7% | |
| Profit before tax | — | £258,858 | £330,463 | +27.7% | |
| Net profit | -£82,252 | £285,105 | £359,866 | +26.2% | |
| Cash | £327,943 | £260,962 | £781,302 | +199.4% | |
| Total assets less current liabilities | £654,874 | £939,979 | — | — | |
| Net assets | £654,874 | £939,979 | £1,299,845 | +38.3% | |
| Equity | £654,874 | £939,979 | £1,299,845 | +38.3% | |
| Average employees | 9 | 10 | 12 | +20% | |
| Wages | £286,696 | £267,935 | £334,650 | +24.9% | |
| Directors' remuneration | — | £0 | £0 | — | |
| Directors' pension contributions | — | £0 | £0 | — | |
| Highest paid director | £88,830 | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | 13.4% | 13.1% | |
| Net margin | -22.0% | 14.8% | 14.2% | |
| Return on capital employed | — | 27.5% | — | |
| Gearing (liabilities / total assets) | 24.6% | 16.2% | 13.4% | |
| Current ratio | 1.94x | 3.53x | 5.16x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- AWARDS FOR YOUNG MUSICIANS 2002-01-18 → present
- THE YOUNG MUSICIANS FUND 2001-07-30 → 2002-01-18
- THE MUSICAS FUND 1998-07-23 → 2001-07-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Albert Goodman Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the trustee's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.”
Significant events
- “We once again exceeded our Big Give target, raising a fantastic £103,512 including match funding and Gift Aid. We also held our third legacy event for Remember a Charity Week, encouraging our supporters to share their stories about why they're leaving a legacy.”
- “We continued to be very appreciative of a very substantial legacy from the estate of Quintin and Monica Des Clayes received in late 2019. Their generous expendable endowment has enabled the establishment of a new group of Awards and support for our Connect programme. During 2025 we received further legacies in the names of David Bateman, Neil Baxter. Rosemary Gent and Rachel Owens. In addition, Young Sounds UK was the beneficiary of several funeral collections.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
16 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Madelyn | Secretary | 2024-09-10 | — | — |
| AULAKH, Sehyogue | Director | 2025-09-09 | Jul 2001 | British |
| BARRY, Morro | Director | 2025-01-15 | Mar 2004 | British |
| BEAMENT, Lynda | Director | 2018-12-11 | Apr 1957 | British |
| CANAVAN, Fintan | Director | 2023-09-11 | Feb 1965 | Irish |
| CARBERT, Susan Margaret | Director | 2024-12-10 | Oct 1961 | British |
| CLAY, Stephen Anthony | Director | 2026-03-10 | Apr 1984 | British |
| FORBES, Julian Christopher | Director | 2024-03-12 | Jan 1983 | British |
| GRIME, Jessica Mary | Director | 2024-12-10 | Mar 1995 | British |
| HADDAD, Lawrence James | Director | 2026-03-10 | Jun 1959 | British |
| HAMER-HODGES, Anthony Paul | Director | 2025-09-09 | Feb 1976 | British |
| HOPE, Uta Maria Louise | Director | 2024-03-12 | Oct 1955 | German |
| HUME-SALIH, Joy Merina | Director | 2026-03-10 | Jan 1980 | British |
| HUMPHREYS, Karen Elizabeth | Director | 2021-03-09 | Mar 1960 | British |
| NUGENT, Ellen Christabel | Director | 2026-03-10 | Feb 1994 | British |
| SHARPE QC, Thomas | Director | 2019-03-12 | Dec 1949 | British |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COCKCROFT, Hester Frances | Secretary | 2007-05-01 | 2024-09-10 |
| DIMANT, Vivienne Anne | Secretary | 1998-07-23 | 2001-01-25 |
| SIME, Bridget Mary | Secretary | 2002-02-16 | 2006-04-30 |
| SPALDING, Richard Lionel | Secretary | 2001-01-25 | 2002-02-16 |
| ACHER, Gerald, Sir | Director | 1998-07-23 | 2004-03-02 |
| AVISS, Derek William | Director | 2013-03-05 | 2015-03-10 |
| BEALE, Valerie | Director | 1998-07-23 | 2006-05-01 |
| BROWN, Max | Director | 2023-09-11 | 2025-09-09 |
| BROWNE-WILKINSON, Hilary, Lady | Director | 2013-03-05 | 2013-12-10 |
| CAMPBELL, Chris James | Director | 2016-12-13 | 2022-03-08 |
| CHESTERS, Emma Jane | Director | 2002-08-29 | 2005-06-02 |
| DANIELS, Susan Marion | Director | 2009-03-24 | 2013-03-05 |
| EDWARDS, Mahaliah | Director | 2020-09-08 | 2023-09-11 |
| GATEHOUSE, Adam | Director | 2014-03-11 | 2016-06-14 |
| HADDEN, Abel Robert | Director | 1998-09-18 | 1998-11-17 |
| HARVEY, Fiona Elizabeth | Director | 2007-12-12 | 2024-12-10 |
| HOGEL, Catherine Colburn, Dr | Director | 2011-12-13 | 2014-03-11 |
| HORNER, Peter Alexander | Director | 1998-09-18 | 2003-06-19 |
| JONES, Philip Edward | Director | 2003-04-01 | 2025-09-09 |
| JONES, Russell Alan | Director | 2006-11-08 | 2007-03-13 |
| LEE, Caius | Director | 2019-09-10 | 2021-06-08 |
| LEWIN, Michael David | Director | 1998-07-23 | 2020-03-10 |
| LITTLECHILD, Michael | Director | 2002-12-02 | 2025-12-09 |
| MASON, Beverley | Director | 2002-12-02 | 2025-12-09 |
| MCCOSHAN, Ella | Director | 2022-09-13 | 2024-06-11 |
| MOSS, Charlotte Emily | Director | 2015-09-08 | 2018-12-04 |
| RANTZEN, Elizabeth | Director | 2015-03-10 | 2021-12-14 |
| RAPHAELY, Jerome David | Director | 2007-05-18 | 2018-03-13 |
| ROSENBERG, Daniel Philip | Director | 1998-09-18 | 2007-02-09 |
| SPALDING, Richard Lionel | Director | 1998-07-23 | 2004-06-01 |
| STEPHENSON, Mark | Director | 2005-12-13 | 2006-02-08 |
| WATT, Laurence Johnstone | Director | 2007-09-18 | 2024-12-10 |
| WILSON, Keith Ewing | Director | 1998-10-28 | 2003-09-04 |
| WITTER-JOHNSON, Ayanna | Director | 2022-03-08 | 2023-09-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Philip Edward Jones | Individual | Appoints directors (as trust) | 2016-06-14 | Ceased 2023-01-01 |
Filing timeline
Last 20 of 154 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-17 | AA | accounts | Accounts with accounts type full | |
| 2026-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-03 | AA | accounts | Accounts with accounts type full | |
| 2025-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-11 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.