Finance Score: -5
Governance Score: 6
Support Score: 10
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Large legacies income: +1
  • Volatile income -1
  • Fundraising costs high: -3
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Overall weighted support: +10
Overall GiG Score: 11 ?

THE HANDEL HOUSE TRUST LIMITED

To promote knowledge, awareness, and enjoyment of Handel and his music to as wide a public audience as possible.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • This charity has a robust balance sheet
  • This charity has received considerable income from legacies in recent years
  • Spending has increased over the last 3 years relative to the previous period
  • The Board appears to be well diversified in terms of age and gender

Regulatory & Governance issues to consider:

  • One or more trustees receive payments or benefits from the charity for providing services to the charity

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £9,909,244 available, equivalent to 100 months of spending and so may not be able to utilise additional funding
  • Income has been volatile recently but spending has been maintained
  • Fundraising costs are high relative to funds raised

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
31/10/23£982£1,191£-209£212£12,645£9,90999.8845
31/10/22£960£657£302£71£12,929£9,329170.3855
31/10/21£1,409£570£839£67£12,956£9,727204.7872
31/10/20£789£552£236£32£11,464£8,604186.9770
31/10/19£1,702£775£928£36£18,250£15,528240.5780
31/10/18£821£793£28£56£17,169£14,646221.580
31/10/17£1,427£995£432£61£10,131£7,68092.680
31/10/16£1,864£951£913£167£9,211£7,36893100
31/10/15£1,261£572£690£162£8,134£6,393134.280
31/10/14£885£633£252£159£7,383£5,611106.480
31/10/13£698£548£151£160£7,098£5,230114.680
31/10/12£676£558£118£143£6,639£5,055108.680
31/10/11£621£513£109£139£6,417£4,919115.180
31/10/10£702£531£171£148£6,364£4,851109.780
31/10/09£1,056£576£480£100£6,125£4,67697.480
31/10/08£675£504£172£112£5,538£4,670111.380
31/10/07*£2,417£1,751£667£182£5,681£4,70932.390
31/10/06£2,588£546£2,041n/an/an/an/an/an/a
31/10/05£746£505£241n/an/an/an/an/an/a
31/10/04£564£557£7n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 26.5%
Fundraising Costs/Total Spending: 19.4%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 1%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 78%
Reserves/Spending: 99.8 months
Net Current Assets/Spending: 2 months
Quick Ratio: 0.9
Asset Split ?
Balance Sheet History
Established: 33 years

www.handelhendrix.org

mail@handelhendrix.org

02074951685

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
  • Environment/Conservation/Heritage
GiG Classification
  • Performing and visual arts
How it operates
  • Provides buildings/facilities/open space
Where it operates
  • Throughout London,
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/Mankind

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
The Linbury Trust£104,000
Wolfson Foundation£100,000
Garfield Weston Foundation£100,000
The Foyle Foundation£75,000
Specific Donations
Amount When
Months
To be used for
The Linbury Trust - Community learning prog - Handel Hendrix House
£104,000 05/10/2023
36
A grant over three years to support the community learning programme, including refugee focused engagement and participation.
Wolfson Foundation - Grant to The Handel House Trust Limited
£100,000 07/12/2022
Interpretation at the Handel and Hendrix in London museum
The Foyle Foundation - Learning (MGS)
£75,000 21/04/2022
towards the capital costs of the Hallelujah Project
Garfield Weston Foundation - Major Grants award
£100,000 03/12/2021
The Hallelujah Project
National Lottery Heritage Fund - Grant to Handel House Trust Ltd
£255,000 20/03/2017
Developing Endowment Fund for Handel House

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)
Current Trustees appointed
Gender Split

Age Range of Trustees: 43-77
  • HARRY ALEXANDER BICKET Appointed: 2018, Occupation: Conductor
  • JANE ANTHONY RIDLEY Appointed: 2018, Occupation: Investment Banker
  • LORD RODERICK BALFOUR Appointed: 2018, Occupation: Director Business Development
  • LUCY RHODA LE FANU Appointed: 2019, Occupation: Retired Music Teacher
  • MARTIN DONNELLY Appointed: 2024, Occupation: Chief Operating Officer, Financial Services
  • MICHAEL HOWARD RIDLEY Appointed: 2014, Occupation: Investment Banker
  • SIMON PATRICK WEIL (Chair) Appointed: 1999, Occupation: Solicitor
  • SIMON RICHARDS DANIELS Appointed: 2022, Occupation: Museum Director
  • VICTORIA ROWLAND BROACKES Appointed: 2015, Occupation: Museum Curator
  • VISCOUNTESS PENELOPE ANN COBHAM CBE Appointed: 2024
  • WILLIAM JAMES CONNER Appointed: 2017, Occupation: Management Consultant/Fundraiser
Legal constitution
  • Charitable company registered in England & Wales on 14/11/1991, number: 1006009
  • Registered at Companies House on 11/10/1991, number: 02653428
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Policies in force
  • Complaints handling
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR07: 16 days late,
Recent reorganisation events:
  • Asset transfer in from THE HANDEL HOUSE COLLECTIONS TRUST on 23/04/2020
  • Asset transfer in from THE JANE GIBSON CHARITABLE TRUST FUND on 01/06/2023
Main office

25 Brook Street
London
W1K 4HB

Objectives

TO PROMOTE, ENCOURAGE, MAINTAIN, IMPROVE AND ADVANCE EDUCATION OF THE PUBLIC IN THE LIFE AND WORKS OF GEORGE FRIDERIC HANDEL AND TO ESTABLISH AND MAINTAIN THE PROPERTY LOCATED AT 25 BROOK STREET, LONDON W1 AS A MUSEUM TO HOUSE AND PRESERVE ALL ARTICLES HAVING CONNECTION WITH THE SAID GEORGE FRIDERIC HANDEL.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving

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