Finance Score: 6

Governance Score: 8

Support Score: 9

Good reserves management: +3
Fundraising costs low: +3

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +9

Overall GiG Score: 23

LONDON PHILHARMONIC ORCHESTRA LIMITED

PROVISION OF ORCHESTRAL SERVICES AND MUSIC EDUCATION

Analysis by Giving is Great

Positives:

Reserves management has been consistently within official guidelines
There have been no material income shortfalls in recent 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

Regulatory & Governance issues to consider:

One or more trustees receive payments or benefits from the charity for providing services to the charity
There are 18 trustees whereas the Charities Commission recommends a maximum of 12

Established: 59 years
(84 years as a company)

www.lpo.org.uk

david.burke@lpo.org.uk

02078404200

Charity Commission for England and Wales

Tweets

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	Volun- teers
31/08/22		£10,576	£10,146	£430	£542	£9,270	£5,175	6.1	40	0
31/08/21		£7,305	£6,669	£637	£439	£9,089	£4,936	8.9	40	0
31/08/20		£8,746	£7,736	£1,009	£445	£7,931	£4,338	6.7	39	2
31/08/19		£11,291	£10,480	£810	£510	£6,746	£3,751	4.3	39	0
31/08/18		£11,040	£10,452	£588	£503	£5,947	£3,477	4	39	0
31/08/17		£10,919	£10,304	£615	£441	£5,271	£2,873	3.3	35	0
31/08/16		£9,569	£9,578	£-9	£374	£4,525	£2,242	2.8	35	0
31/08/15		£10,836	£9,944	£892	£451	£4,412	£2,283	2.8	33	0
31/08/14		£9,486	£9,390	£96	£379	£3,485	£2,346	3	29	0
31/08/13	*	£10,641	£9,293	£1,348	£354	£3,030	£2,303	3	28	0
31/08/12		£10,365	£9,590	£775	£352	£2,147	£1,850	2.3	28	0
31/08/11		£9,046	£8,772	£273	£330	£1,356	£1,356	1.9	28	0
31/08/10		£10,558	£10,100	£458	£276	£1,083	£812	1	31	0
31/08/09		£8,795	£9,586	£-791	£292	£625	£625	0.8	31	0
31/08/08		£9,521	£9,501	£20	£235	£972	£972	1.2	33	0
31/08/07		£8,276	£8,167	£109	£210	£898	£898	1.3	30	0
31/08/06		£8,276	£8,167	£109	£0	£0	£0	n/a	0	0
31/08/05		£6,900	£6,816	£84	£0	£0	£0	n/a	0	0
31/08/04		£7,381	£7,126	£255	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 5.2%
Fundraising Costs/Total Spending: 5.3%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £130,000-£140,000
Liabilities/Assets: 13%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 56%
Reserves/Spending: 6.1 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.7

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science

How it operates

Provides services

Where it operates

Brighton And Hove, East Sussex, Greenwich, Lambeth, Lewisham, Southwark,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

40 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.

Major supporters in last 5 years

DCMS	£3,154,799
The Foyle Foundation	£195,000
Rothschild Foundation	£93,000

Specific Donations

Amount	When Months	To be used for
Rothschild Foundation - Grant to London Philharmonic Orchestra
£3,000	01/03/2023	Cost of living supplementary grant
The Foyle Foundation - Arts
£195,000	21/04/2022	as three year support for LPO Future Firsts professional development programme for emerging orchestral musicians
Rothschild Foundation - Grant to London Philharmonic Orchestra
£90,000	22/07/2021	London Philharmonic Orchestra's BrightSparks programme delivers live concert experiences for school audiences from Key Stage 1 to A Level
DCMS - London Philharmonic Orchestra
£2,079,799	01/04/2020	We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that 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 high quality cultural experiences. We invest public money from Government and The National Lottery to help support the sector and to deliver this vision.
DCMS - Culture Recovery Fund - LPO
£650,000	01/04/2020	To support Arts and Culture throughout England
DCMS - Apr-June 2021
£425,000	01/04/2020	To support Arts and Culture throughout England
The Foyle Foundation - Arts
£185,000	25/04/2019 36	towards continuation funding to support Foyle Future Firsts from 2019 for three years (2019/20, 2020/21 and 2021/22)
Andrew Lloyd Webber Foundation - Grant to London Philharmonic Orchestra
£30,100	27/06/2017 36	LPO Junior Artists - Covid-19 flexibility agreed

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (18)

Current Trustees appointed

Gender Split

Based on 16/18 persons

Age Range of Trustees: 33-73

AL MACCUISH Appointed: 2016, Occupation: Company Director

ANDREW TUSA Appointed: 2018, Occupation: Investment Banker

BRUNO DE KEGEL Appointed: 2016, Occupation: Investment Manager

CATHERINE HOGEL (Chair) Appointed: 2013, Occupation: Company Director, Other trusteeship: TIOC,

DAVID BURKE Appointed: 2020, Occupation: Arts Administrator, Other trusteeships: HENRY WOOD HALL LIMITED, THE LONDON PHILHARMONIC TRUST,

DAVID DOUGLAS BUCKLEY Appointed: 2017, Occupation: Company Director, Other trusteeships: THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR CAMPDEN HILL LONDON W8, THE LONDON PHILHARMONIC TRUST,

DEBORAH DOLCE Appointed: 2021, Occupation: Group Marketing Director, Other trusteeship: The T.K. Maxx and Homesense Foundation,

ELENA DUBINETS Appointed: 2021, Occupation: Artistic Director

HUGH KLUGER Appointed: 2021, Occupation: Musician

JAMIE EMEKA AMAFAMUNA NJOKU-GOODWIN Appointed: 2021, Occupation: Chief Executive

KATE BIRCHALL Appointed: 2021, Occupation: Musician

KATHERINE LEEK Appointed: 2022, Occupation: Musician

MARK CHRISTOPHER VINES Appointed: 2020, Occupation: Musician

MARTIN REINHARD HOHMANN Appointed: 2018, Occupation: Musician

NEIL WESTREICH Appointed: 2021, Occupation: Retired

TANIA MAZZETTI Appointed: 2020, Occupation: Musician

TANYA JOSEPH Appointed: 2020, Occupation: Communications Consultant, Other trusteeship: THE CHERIE BLAIR FOUNDATION FOR WOMEN,

YUEN MINN MAJOE Appointed: 2022, Occupation: Musician

Legal constitution

Charitable company registered in England & Wales on 12/01/1965, number: 238045
Registered at Companies House on 06/10/1939, number: 00357059

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR13: 162 days late,

Main office

LONDON PHILHARMONIC ORCHESTRA LTD
CAMELFORD HOUSE
87-90 ALBERT EMBANKMENT
LONDON
SE1 7TP

Objectives

THE COMPANY IS ESTABLISHED TO PROMOTE, MAINTAIN, IMPROVE AND ADVANCE EDUCATION, PARTICULARLY MUSICAL EDUCATION, AND TO ENCOURAGE THE ARTS, INCLUDING THE ARTS OF MUSIC, DRAMA, MIME, DANCE, AND SINGING AND TO FORMULATE, PREPARE AND ESTABLISH SCHEMES THEREFORE PROVIDED THAT THE OBJECTS OF THE COMPANY SHALL BE OF A CHARITABLE NATURE ONLY. AND, AS ANCILLARY TO THE FOREGOING OBJECTS TO HOLD AND PARTICIPATE IN CONCERTS, AND TO PERFORM ORCHESTRAL AND INSTRUMENTAL WORKS, OPERAS, BALLETS AND ENTERTAINMENTS OF THIS KIND AND TO FORM AND MAINTAIN A SYMPHONIC ORCHESTRA OF THE HIGHEST POSSIBLE STANDING TO SERVE THE NEEDS OF THIS AND OTHER MUSICAL INSTITUTIONS IN GREAT BRITAIN AND ABROAD.

Defined Area of Benefit:

NATIONAL AND FOREIGN

Data Sources