Finance Score: -1

Governance Score: -10

Support Score: 3

Poor Liquidity: -1
Accounts filed more than 5 days late: -2 times
Strong growth: +2

2 Trustees: -2
Narrow trustee age band: -2
Very static board: -5

Grant maker support: +3

Overall GiG Score: -8

LONDON CONTEMPORARY ORCHESTRA

The Orchestra objectives are (a) the performance and promotion of contemporary music to an ever-wider audience in diverse venues and genres; and (b) the education and employment of young composers and young musicians at the start of their careers through workshops and performance opportunities on a professional basis.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
One or more trustees receive payments or benefits from the charity for providing services to the charity
There are only 2 trustees
The Board composition appears to be very static and has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/08/22		£1,200	£1,122	£78	£0	£150	£150	1.6	3
31/08/21	*	£956	£1,013	£-56	£6	£72	£46	0.5	3
31/08/20		£791	£726	£65	£0	£128	£60	1	2
31/08/19		£884	£880	£5	£11	£63	£17	0.2	2
31/08/18	*	£755	£670	£85	£6	£59	£33	0.6	1
31/08/17		£613	£612	£1	£4	£-26	£-42	-0.8	1
31/08/16		£296	£263	£33	£0	£0	£0	n/a	0
31/08/15		£212	£195	£17	£0	£0	£0	n/a	0
31/08/14		£120	£136	£-15	£0	£0	£0	n/a	0
31/08/13	*	£90	£97	£-7	£0	£0	£0	n/a	0
31/08/12	*	£99	£112	£-14	£0	£0	£0	n/a	0
31/08/11		£89	£89	£0	£0	£0	£0	n/a	0
31/08/10		£66	£107	£-41	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 34%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 1.6 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.4

Asset Split ?

Established: 15 years

www.lcorchestra.co.uk

info@lcorchestra.co.uk

07413 475 038

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Provides services

Where it operates

Throughout London,

Who it helps

The General Public/Mankind

Who works here?

3 employees

Who's supporting them? ?

Donations from Grant Makers ?

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

Specific Donations

Amount	When Months	To be used for
DCMS - LCO Recovery Grant
£50,000	01/04/2020	To support Arts and Culture throughout England
DCMS - Continuing our COVID reorganisation
£50,000	01/04/2020	To support Arts and Culture throughout England

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (2)

Current Trustees appointed

Age Range of Trustees: 36-42

MAZDAK SANII Appointed: 2015, Occupation: Chief Operating Officer, Other trusteeship: THE NATIONAL YOUTH ORCHESTRA OF GREAT BRITAIN,

NICHOLAS MUMBY Appointed: 2011, Occupation: Lawyer

Legal constitution

Charitable company registered in England & Wales on 20/05/2009, number: 1129768
Registered at Companies House on 05/05/2009, number: 06895875

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management

Filing Record

13 returns made; AR21: 62 days late, AR18: 187 days late, AR13: 135 days late, AR12: 159 days late,

Main office

Suite 116
43 Bedford Street
Covent Garden
London
WC2E 9HA

Objectives

TO PROMOTE, MAINTAIN AND ADVANCE THE EDUCATION OF THE PUBLIC IN THE ARTS, AND IN PARTICULAR THE ART OF MUSIC, THROUGH THE PRESENTATION OF CONCERTS AND OTHER RELATED ACTIVITIES; AND BY SUCH OTHER WAYS AS THE TRUSTEES SHALL DETERMINE FROM TIME TO TIME

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, LOCAL.

Data Sources