CCEW Charity Commission profile

ROYAL ACADEMY OF MUSIC

Registered charity 310007 · organisation 310007

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Other
Registered
4 January 1973
Removed
Not supplied
Company number supplied
RC000438
Financial period
1 August 2024 – 31 July 2025
Latest income
£33,157,000
Latest expenditure
£32,465,000
Gift Aid
Yes
Owns or uses land
Yes
In administration
No
Insolvent
No
CIO
No

Public contact address: ROYAL ACADEMY OF MUSIC, MARYLEBONE ROAD, LONDON, NW1 5HT

Website recorded by the regulator: ram.ac.uk (displayed as text)

02 Activities

What the charity does

To provide pre-professional, undergraduate and postgraduate musical training of the highest national and international standards.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 August 2024
Fin Period End Date
31 July 2025
Ar Cycle Reference
AR25
Reporting Due Date
31 May 2026
Date Annual Return Received
2 February 2026
Date Accounts Received
2 February 2026
Total Gross Income
£33,157,000
Total Gross Expenditure
£32,465,000
Fin Period Start Date
1 August 2023
Fin Period End Date
31 July 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 May 2025
Date Annual Return Received
7 April 2025
Date Accounts Received
7 April 2025
Total Gross Income
£33,503,000
Total Gross Expenditure
£30,331,000
Fin Period Start Date
1 August 2022
Fin Period End Date
31 July 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 May 2024
Date Annual Return Received
27 March 2024
Date Accounts Received
27 March 2024
Total Gross Income
£32,525,000
Total Gross Expenditure
£29,472,000
Fin Period Start Date
1 August 2021
Fin Period End Date
31 July 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 May 2023
Date Annual Return Received
5 April 2023
Date Accounts Received
5 April 2023
Total Gross Income
£32,584,000
Total Gross Expenditure
£26,484,000
Fin Period Start Date
1 August 2020
Fin Period End Date
31 July 2021
Ar Cycle Reference
AR21
Reporting Due Date
31 May 2022
Date Annual Return Received
21 March 2022
Date Accounts Received
21 March 2022
Total Gross Income
£30,073,000
Total Gross Expenditure
£24,530,000

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 August 2024
Fin Period End Date
31 July 2025
Ar Due Date
31 May 2026
Ar Received Date
2 February 2026
Total Gross Income
£33,157,000
Total Gross Expenditure
£32,465,000
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£6
Income From Government Grants
£5,617,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
15
Count Salary Band 70001 80000
8
Count Salary Band 80001 90000
7
Count Salary Band 90001 100000
5
Count Salary Band 100001 110000
7
Count Salary Band 110001 120000
1
Count Salary Band 120001 130000
3
Count Salary Band 130001 140000
0
Count Salary Band 140001 150000
0
Count Salary Band 150001 200000
2
Count Salary Band 200001 250000
0
Count Salary Band 250001 300000
1
Count Salary Band 300001 350000
0
Count Salary Band 350001 400000
0
Count Salary Band 400001 450000
0
Count Salary Band 450001 500000
0
Count Salary Band Over 500000
0
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 August 2023
Fin Period End Date
31 July 2024
Ar Due Date
31 May 2025
Ar Received Date
7 April 2025
Total Gross Income
£33,503,000
Total Gross Expenditure
£30,331,000
Grant Making Is Main Activity
No
Count Govt Contracts
6
Count Govt Grants
£6
Income From Government Contracts
0
Income From Government Grants
£5,806,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
7
Count Salary Band 70001 80000
9
Count Salary Band 80001 90000
5
Count Salary Band 90001 100000
4
Count Salary Band 100001 110000
4
Count Salary Band 110001 120000
4
Count Salary Band 120001 130000
1
Count Salary Band 130001 140000
0
Count Salary Band 140001 150000
0
Count Salary Band 150001 200000
2
Count Salary Band 200001 250000
0
Count Salary Band 250001 300000
1
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 August 2022
Fin Period End Date
31 July 2023
Ar Due Date
31 May 2024
Ar Received Date
27 March 2024
Total Gross Income
£32,525,000
Total Gross Expenditure
£29,472,000
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£5
Income From Government Grants
£6,220,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
13
Count Salary Band 70001 80000
8
Count Salary Band 80001 90000
5
Count Salary Band 90001 100000
3
Count Salary Band 100001 110000
4
Count Salary Band 110001 120000
2
Count Salary Band 120001 130000
3
Count Salary Band 130001 140000
1
Count Salary Band 140001 150000
0
Count Salary Band 150001 200000
2
Count Salary Band 250001 300000
1
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 August 2021
Fin Period End Date
31 July 2022
Ar Due Date
31 May 2023
Ar Received Date
5 April 2023
Total Gross Income
£32,584,000
Total Gross Expenditure
£26,484,000
Charity Raises Funds From Public
Yes
Charity Professional Fundraiser
No
Charity Commercial Participator
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£5
Income From Government Grants
£5,540,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
5
Count Salary Band 70001 80000
6
Count Salary Band 80001 90000
3
Count Salary Band 100001 110000
4
Count Salary Band 110001 120000
1
Count Salary Band 150001 200000
1
Count Salary Band 250001 300000
1
Count Volunteers
82
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 August 2020
Fin Period End Date
31 July 2021
Ar Due Date
31 May 2022
Ar Received Date
21 March 2022
Total Gross Income
£30,073,000
Total Gross Expenditure
£24,530,000
Charity Raises Funds From Public
Yes
Charity Professional Fundraiser
No
Charity Commercial Participator
No
Charity Receives Govt Funding Contracts
Yes
Count Govt Contracts
5
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£5
Income From Government Contracts
5011000
Income From Government Grants
£5,011,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
8
Count Salary Band 70001 80000
3
Count Salary Band 80001 90000
6
Count Salary Band 90001 100000
2
Count Salary Band 100001 110000
1
Count Salary Band 120001 130000
1
Count Salary Band 250001 300000
1
Count Volunteers
82

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 August 2024
Fin Period End Date
31 July 2025
Ar Due Date
31 May 2026
Ar Received Date
2 February 2026
Income Donations And Legacies
8993000
Income Other Trading Activities
549000
Income Charitable Activities
18367000
Income Investments
3794000
Income Other
1454000
Income Total Income And Endowments
33157000
Income Legacies
1288222
Income Endowments
2847000
Expenditure Raising Funds
£1,498,787
Expenditure Charitable Expenditure
£30,966,213
Expenditure Other
0
Expenditure Total
32465000
Expenditure Investment Management
141304
Expenditure Grants Institution
0
Expenditure Governance
99926
Expenditure Support Costs
8835000
Expenditure Depreciation
2167000
Gain Loss Investment
4351000
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
137000
Reserves
£14,500,000
Assets Total Fixed
233129000
Assets Own Use
146271000
Assets Long Term Investment
86858000
Defined Benefit Pension Scheme
0
Assets Other Assets
£16,122,000
Assets Total Liabilities
£5,123,000
Assets Current Investment
13311000
Assets Total Assets And Liabilities
£244,128,000
Creditors One Year Total Current
5123000
Creditors Falling Due After One Year
0
Assets Cash
£1,590,000
Funds Endowment
64281000
Funds Unrestricted
171423000
Funds Restricted
8424000
Funds Total
244128000
Count Employees
273
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 August 2023
Fin Period End Date
31 July 2024
Ar Due Date
31 May 2025
Ar Received Date
7 April 2025
Income Donations And Legacies
14900000
Income Other Trading Activities
528000
Income Charitable Activities
18911000
Income Investments
1158000
Income Other
2009000
Income Total Income And Endowments
37506000
Income Legacies
2643906
Income Endowments
4003000
Expenditure Raising Funds
£1,305,233
Expenditure Charitable Expenditure
£29,025,767
Expenditure Other
0
Expenditure Total
30331000
Expenditure Investment Management
116046
Expenditure Grants Institution
0
Expenditure Governance
98274
Expenditure Support Costs
7722409
Expenditure Depreciation
1860000
Gain Loss Investment
7898000
Gain Loss Pension Fund
234000
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
66000
Reserves
£129,700,000
Assets Total Fixed
220166000
Assets Own Use
144473000
Assets Long Term Investment
75693000
Defined Benefit Pension Scheme
0
Assets Other Assets
£20,659,000
Assets Total Liabilities
£4,152,000
Assets Current Investment
7681000
Assets Total Assets And Liabilities
£236,673,000
Creditors One Year Total Current
4152000
Creditors Falling Due After One Year
0
Assets Cash
£10,115,000
Funds Endowment
68508000
Funds Unrestricted
158225000
Funds Restricted
9940000
Funds Total
236673000
Count Employees
248
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 August 2022
Fin Period End Date
31 July 2023
Ar Due Date
31 May 2024
Ar Received Date
27 March 2024
Income Donations And Legacies
11182000
Income Other Trading Activities
463000
Income Charitable Activities
18410000
Income Investments
1235000
Income Other
1235000
Income Total Income And Endowments
32525000
Income Legacies
4381511
Income Endowments
4442000
Expenditure Raising Funds
£1,084,944
Expenditure Charitable Expenditure
£28,387,056
Expenditure Other
0
Expenditure Total
29472000
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
174141
Expenditure Support Costs
7144494
Expenditure Depreciation
1728000
Gain Loss Investment
1236000
Gain Loss Pension Fund
1117000
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
12000
Reserves
£10,300,000
Assets Total Fixed
212105000
Assets Own Use
144363000
Assets Long Term Investment
67742000
Defined Benefit Pension Scheme
-572000
Assets Other Assets
£13,911,000
Assets Total Liabilities
£4,144,000
Assets Current Investment
2030000
Assets Total Assets And Liabilities
£221,300,000
Creditors One Year Total Current
3801000
Creditors Falling Due After One Year
343000
Assets Cash
£10,162,000
Funds Endowment
58260000
Funds Unrestricted
158438000
Funds Restricted
4602000
Funds Total
221300000
Count Employees
260
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 August 2021
Fin Period End Date
31 July 2022
Ar Due Date
31 May 2023
Ar Received Date
5 April 2023
Income Donations And Legacies
13671286
Income Other Trading Activities
0
Income Charitable Activities
16768414
Income Investments
834098
Income Other
1310202
Income Total Income And Endowments
32584000
Income Legacies
3892428
Income Endowments
4220142
Expenditure Raising Funds
£923,425
Expenditure Charitable Expenditure
£25,560,575
Expenditure Other
0
Expenditure Total
26484000
Expenditure Investment Management
671000
Expenditure Grants Institution
0
Expenditure Governance
65000
Expenditure Support Costs
10434000
Expenditure Depreciation
1744000
Gain Loss Investment
589000
Gain Loss Pension Fund
2171000
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£8,600,000
Assets Total Fixed
195255000
Assets Own Use
143986000
Assets Long Term Investment
51269000
Defined Benefit Pension Scheme
-1870000
Assets Other Assets
£26,263,000
Assets Total Liabilities
£3,766,000
Assets Current Investment
3038000
Assets Total Assets And Liabilities
£215,882,000
Creditors One Year Total Current
3424000
Creditors Falling Due After One Year
342000
Assets Cash
£22,196,000
Funds Endowment
53001000
Funds Unrestricted
158184000
Funds Restricted
4697000
Funds Total
215882000
Count Employees
242
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 August 2020
Fin Period End Date
31 July 2021
Ar Due Date
31 May 2022
Ar Received Date
21 March 2022
Income Donations And Legacies
12765210
Income Other Trading Activities
0
Income Charitable Activities
15696605
Income Investments
947074
Income Other
664111
Income Total Income And Endowments
30073000
Income Legacies
2081648
Income Endowments
7031443
Expenditure Raising Funds
£742,000
Expenditure Charitable Expenditure
£23,788,000
Expenditure Other
0
Expenditure Total
24530000
Expenditure Investment Management
671081
Expenditure Grants Institution
0
Expenditure Governance
80264
Expenditure Support Costs
10008000
Expenditure Depreciation
1766430
Gain Loss Investment
7596000
Gain Loss Pension Fund
799000
Gain Loss Revaluation Fixed Investment
24300000
Gain Loss Other
3000
Reserves
£11,500,000
Assets Total Fixed
194413066
Assets Own Use
144918071
Assets Long Term Investment
49494995
Defined Benefit Pension Scheme
-4044494
Assets Other Assets
£21,208,315
Assets Total Liabilities
£4,555,932
Assets Current Investment
3023655
Assets Total Assets And Liabilities
£207,020,955
Creditors One Year Total Current
4311737
Creditors Falling Due After One Year
244195
Assets Cash
£17,519,004
Funds Endowment
48782309
Funds Unrestricted
154745068
Funds Restricted
3493578
Funds Total
207020955
Count Employees
267
Consolidated Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Region
Geographic Area Description
Throughout England And Wales
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
207
Classification Type
Who
Classification Description
The General Public/mankind
Classification Code
306
Classification Type
How
Classification Description
Provides Services
Classification Code
307
Classification Type
How
Classification Description
Provides Advocacy/advice/information
Classification Code
102
Classification Type
What
Classification Description
Education/training
Classification Code
201
Classification Type
Who
Classification Description
Children/young People

08 Official extract

Charity Event History

Charity Name
ROYAL ACADEMY OF MUSIC
Charity Event Order
5
Event Type
Asset transfer in
Date Of Event
2016-01-15T00:00:00
Reason
Transfer of funds
Assoc Organisation Number
4019595
Assoc Registered Charity Number
1112562
Assoc Charity Name
THE SEARY CHARITABLE TRUST
Charity Name
ROYAL ACADEMY OF MUSIC
Charity Event Order
9
Event Type
Asset transfer in
Date Of Event
2022-11-21T00:00:00
Reason
Transfer of funds
Assoc Organisation Number
294266
Assoc Registered Charity Number
294266
Assoc Charity Name
LONDON INTERNATIONAL PIANO COMPETITION
Charity Name
ROYAL ACADEMY OF MUSIC
Charity Event Order
4
Event Type
Asset transfer in
Date Of Event
2015-01-12T00:00:00
Reason
Transfer of funds
Assoc Organisation Number
3954093
Assoc Registered Charity Number
1072238
Assoc Charity Name
THE BECKET COLLECTION
Charity Name
ROYAL ACADEMY OF MUSIC
Charity Event Order
8
Event Type
Asset transfer in
Date Of Event
2022-10-28T00:00:00
Reason
Funds transferred (gi)
Assoc Organisation Number
326775
Assoc Registered Charity Number
326775
Assoc Charity Name
THE ROBSON CHARITABLE TRUST
Charity Name
ROYAL ACADEMY OF MUSIC
Charity Event Order
7
Event Type
Asset transfer in
Date Of Event
2022-08-22T00:00:00
Reason
Transfer of funds
Assoc Organisation Number
326701
Assoc Registered Charity Number
326701
Assoc Charity Name
THE VIVIAN LANGRISH MEMORIAL TRUST
Charity Name
ROYAL ACADEMY OF MUSIC
Charity Event Order
3
Event Type
Asset transfer in
Date Of Event
2014-01-02T00:00:00
Reason
Transfer of funds
Assoc Organisation Number
3937958
Assoc Registered Charity Number
1061618
Assoc Charity Name
THE YORK GATE MUSIC TRUST
Charity Name
ROYAL ACADEMY OF MUSIC
Charity Event Order
1
Event Type
Standard registration
Date Of Event
1973-01-04T00:00:00
Charity Name
ROYAL ACADEMY OF MUSIC
Charity Event Order
6
Event Type
Asset transfer in
Date Of Event
2021-11-22T00:00:00
Reason
Funds transferred (incor)
Assoc Organisation Number
287094
Assoc Registered Charity Number
287094
Assoc Charity Name
CHARLES LUCAS MEMORIAL FUND
Charity Name
ROYAL ACADEMY OF MUSIC
Charity Event Order
2
Event Type
Asset transfer in
Date Of Event
2012-12-06T00:00:00
Reason
Transfer of funds
Assoc Organisation Number
800696
Assoc Registered Charity Number
800696
Assoc Charity Name
THE FRIENDS OF THE ROYAL ACADEMY OF MUSIC

09 Official extract

Charity Governing Document

Governing Document Description
ROYAL CHARTER LETTERS PATENT OF 23 JUNE 1830 AND SCHEME OF 27 DECEMBER 1990 AND AMENDED 20 JULY 1998
Charitable Objects
THE CULTIVATION OF THE SCIENCE OF MUSIC AND TO AFFORD FACILITIES FOR ATTAINING PERFECTION IN IT BY ASSISTING WITH GENERAL INSTRUCTION ALL PERSONS DESIROUS OF ACQUIRING A KNOWLEDGE THEREOF.
Area Of Benefit
NOT DEFINED

10 Official extract

Charity Other Names

Charity Name Id
105808
Charity Name Type
Working name
Charity Name
R A M

11 Official extract

Charity Other Regulators

Regulator Order
1
Regulator Name
Ofsted (Office For Standards In Education)

12 Official extract

Charity Policy

Policy Name
Complaints handling
Policy Name
Paying staff
Policy Name
Financial reserves policy and procedures
Policy Name
Risk management
Policy Name
Safeguarding vulnerable beneficiaries
Policy Name
Investing charity funds policy and procedures
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Investment
Policy Name
Conflicting interests
Policy Name
Complaints policy and procedures
Policy Name
Bullying and harassment policy and procedures
Policy Name
Social media policy and procedures
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Trustee expenses policy and procedures
Policy Name
Engaging external speakers at charity events policy and procedures
Policy Name
Internal risk management policy and procedures
Policy Name
Serious incident reporting policy and procedures
Policy Name
Safeguarding policy and procedures
Policy Name
Volunteer management