Finance Score: 5

Governance Score: 8

Support Score: 7

Liabilities <10%: +3
Excess liquidity: -1
Fundraising costs low: +3

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

Grant maker support: +7

Overall GiG Score: 20

NATIONAL OPERA STUDIO

The National Opera Studio is engaged by the UK's leading Opera Companies and Arts Council England to provide individually designed, high quality professional training for singers and repetiteurs who have the potential to become the leading artists of their generation.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
This charity has a robust balance sheet
Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
Fundraising costs are low relative to funds raised
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

Liquidity appeared to be considerably in excess of CC guidelines at the latest year end especially considering the historic stability of income

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
30/06/23		£1,076	£1,113	£-37	£80	£3,179	£2,019	21.8	10	0
30/06/22		£917	£929	£-12	£50	£3,238	£2,071	26.7	9	0
30/06/21		£1,208	£746	£461	£45	£2,229	£2,113	34	9	0
30/06/20		£934	£812	£122	£71	£1,767	£1,731	25.6	10	0
30/06/19		£805	£815	£-10	£95	£1,645	£1,630	24	9	2
30/06/18?		£910	£1,028	£-118	£159	£1,655	£1,584	18.5	8	0
31/03/17		£739	£666	£73	£81	£1,773	£1,703	30.7	8	0
31/03/16	*	£637	£628	£9	£64	£1,700	£1,614	30.8	8	0
31/03/15		£568	£591	£-23	£93	£1,691	£1,615	32.8	8	0
31/03/14		£523	£554	£-32	£59	£1,714	£1,622	35.1	7	0
31/03/13		£553	£519	£34	£56	£1,746	£1,495	34.6	6	0
31/03/12		£565	£474	£91	£59	£1,711	£1,448	36.7	5	0
31/03/11		£474	£606	£-132	£0	£0	£0	n/a	0	0
31/03/10		£663	£630	£34	£74	£1,753	£1,469	28	5	0
31/03/09		£496	£575	£-79	£0	£0	£0	n/a	0	0
31/03/08		£915	£560	£355	£70	£1,798	£1,544	33.1	5	0
31/03/07		£521	£537	£-16	£75	£1,443	£1,182	26.4	5	0
31/03/06		£475	£483	£-8	£0	£0	£0	n/a	0	0
31/03/05		£661	£527	£134	£0	£0	£0	n/a	0	0
31/03/04		£689	£552	£137	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 9.2%
Fundraising Costs/Total Spending: 8.4%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 4%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 64%
Reserves/Spending: 21.8 months
Net Current Assets/Spending: 7 months
Quick Ratio: 1.2

Asset Split ?

Established: 46 years

www.nationaloperastudio.org.uk

info@nationaloperastudio.org.uk

02088748811

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 buildings/facilities/open space
Provides services

Where it operates

Cardiff, Leeds City, Scotland, Wandsworth,

Who it helps

Children/Young People
Other Defined Groups
The General Public/Mankind

Who works here?

10 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
The Linbury Trust - Energy efficiency - National Opera Studio
£49,419	13/12/2023	A grant for energy efficiency work towards LED light replacement.
DCMS - National Opera Studio
£171,316	01/04/2020	The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more The wider aim of the scheme is: We are the national development agency for creativity and culture. 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. Between 2018 and 2022, we will invest £1.45 billion of public money from government and an estimated £860 million from the National Lottery to help deliver this vision.
Garfield Weston Foundation - Main Grants award
£10,000	05/07/2018	Core costs whilst re implement a new fundraising strategy

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Based on 12/13 persons

Age Range of Trustees: 42-74

ANTJE HENSEL-ROTH Appointed: 2022, Occupation: Company Director

CHRISTOPHER BARRON Appointed: 2024, Occupation: General Director

DORI DANA-HAERI Appointed: 2022, Occupation: Director

DR PAUL FRANCIS GILLULEY Appointed: 2023, Occupation: Director

JENNIFER DIANE MOLLICA Appointed: 2023, Occupation: Chief Executive

LAURA CANNING Appointed: 2023, Occupation: Chief Executive

ALEXANDER REEDIJK Appointed: 2006, Occupation: General Director

LORNA PARKER Appointed: 2017, Occupation: Senior Advisor

OLIVER MEARS Appointed: 2017, Occupation: Director Of Opera

STEPHEN LANGRIDGE Appointed: 2019, Occupation: Artistic Director

VIRGINIA GABBERTAS Appointed: 2020, Occupation: Company Director

DIANE HENRY LEPART Appointed: 2018, Occupation: Company Director, Other trusteeship: MOBO TRUST,

NICHOLAS TIMOTHY ALLAN (Chair) Appointed: 2019, Occupation: Company Director, Other trusteeships: FAMILIES FOR CHILDREN TRUST, THE QUEEN ANNE'S GATE FOUNDATION, THE GRANGE FESTIVAL,

Legal constitution

Charitable company registered in England & Wales on 12/01/1978, number: 274755
Registered at Companies House on 07/10/1977, number: 01332955

Gift Aid

Registered with HMRC for Gift Aid

Event History

03/06/2015 - Asset transfer in from THE ROBERT VIVIAN MEMORIAL TRUST
04/05/2023 - Asset transfer in from THE CARNE TRUST

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR16: 1 days late,

Recent reorganisation events:

Asset transfer in from THE CARNE TRUST on 04/05/2023

Main office

NATIONAL OPERA STUDIO
2 CHAPEL YARD
LONDON
SW18 4HZ

Objectives

The Company is established to provide and carry on schools and training establishments for advancing education by providing instruction in, and resources for, the theory, practice, performance, production, presentation, direction, composition, and advancement of opera, music theatre, and the musical and theatrical arts in all their forms and to charge and receive fees therefor provided that all objects of the Company shall be of a charitable nature.

Defined Area of Benefit:

NOT DEFINED

Data Sources