Finance Score: -1

Governance Score: -3

Support Score: 5

Spending falling: -1
Multiple Deficits and declines: -5
Future income +5
No PartB

2 Trustees: -2

Overall weighted support: +5

Overall GiG Score: 1

PHILHARMONIA TRUST LIMITED

The advancement of musical education and appreciation, principally through the Philharmonia Orchestra.

Analysis by Giving is Great

Positives:

A significant proportion of recent income was derived from major grant makers and there are significant future grants due to be received

Regulatory & Governance issues to consider:

This charity only provides its support via other charities
Why are there only 2 trustees?

Financial issues to consider:

There has been a change of accounting period recently, so trends may be hard to determine
Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile and on several occasions in recent years less than spending
A PartB annual return has not been required and so detailed financial information is not available from the online data

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

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
31/08/23		£42	£42	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/08/22		£50	£50	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/08/21?		£42	£6,005	£-5,963	n/a	n/a	n/a	n/a	n/a	n/a
31/03/20		£113	£413	£-300	n/a	n/a	n/a	n/a	n/a	n/a
31/03/19		£639	£875	£-236	£189	£6,843	£2,114	29	0	0
31/03/18		£335	£625	£-290	n/a	n/a	n/a	n/a	n/a	n/a
31/03/17	*	£159	£893	£-734	n/a	n/a	n/a	n/a	n/a	n/a
31/03/16		£50	£627	£-578	n/a	n/a	n/a	n/a	n/a	n/a
31/03/15		£267	£934	£-667	n/a	n/a	n/a	n/a	n/a	n/a
31/03/14		£3,356	£776	£2,580	£318	£6,686	£1,277	19.7	0	0
31/03/13		£297	£463	£-166	n/a	n/a	n/a	n/a	n/a	n/a
31/03/12		£85	£184	£-99	n/a	n/a	n/a	n/a	n/a	n/a
31/03/11		£843	£181	£662	£163	£4,305	£1,564	103.9	0	0
31/03/10		£267	£153	£114	n/a	n/a	n/a	n/a	n/a	n/a
31/03/09		£126	£149	£-22	n/a	n/a	n/a	n/a	n/a	n/a
31/03/08	*	£356	£206	£150	n/a	n/a	n/a	n/a	n/a	n/a
31/03/07		£691	£21	£671	£5	£3,364	£814	468	0	0
31/03/06	*	£1,070	£238	£831	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05		£569	£14	£556	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04		£473	£87	£386	n/a	n/a	n/a	n/a	n/a	n/a

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Highest pay bracket: less than £60,000

Balance Sheet History

Established: 57 years

www.philharmonia.co.uk

finance@philharmonia.co.uk

02079213940

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
General Charitable Purposes

GiG Classification

Performing and visual arts

How it operates

Makes grants to organisations
Other charitable activities
Provides advocacy/advice/information

Where it operates

Southwark,

Who it helps

Other Charities Or Voluntary Bodies

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.

Specific Donations

Amount	When Months	To be used for
David & Elaine Potter Foundation - Philharmonia Futures: XR and Immersive Orchestral Experiences
£30,000	12/12/2023 12	To support the development of an ambitious new programme, Philharmonia Futures, that will test how the Orchestra can use XR technology to enhance the concert hall experience, and a production house business model to develop a large-scale immersive ....more To support the development of an ambitious new programme, Philharmonia Futures, that will test how the Orchestra can use XR technology to enhance the concert hall experience, and a production house business model to develop a large-scale immersive audience experience to open in 2026/27. The programme will include the design and development of Virtual Reality experiences, a ground-breaking Augmented Reality offer and a large-scale immersive experience.
David & Elaine Potter Foundation - Core funding
£30,000	28/04/2022	Core funding
David & Elaine Potter Foundation - Core funding
£50,000	04/08/2021	Core funding
David & Elaine Potter Foundation - Core funding
£50,000	02/09/2020 5.5	Core funding
David & Elaine Potter Foundation - Support for the role of Head of Innovation and Partnerships
£50,000	13/02/2019 13	The work of the Head of Innovation and Partnerships (HIP) builds on previously supported work that helped to transform the Philharmonia into a leader in the digital field for orchestral work. The HIP has enabled increased digital innovation, ....more The work of the Head of Innovation and Partnerships (HIP) builds on previously supported work that helped to transform the Philharmonia into a leader in the digital field for orchestral work. The HIP has enabled increased digital innovation, increased commercial exploitation of new products and allowed the Philharmonia to reach significant new global audiences.
David & Elaine Potter Foundation - General donation
£40,500	16/07/2018 1	General donation to support the Philharmonia Orchestra's 75th Anniversary Campaign
David & Elaine Potter Foundation - Digital Innovation and Partnerships programme
£50,000	27/06/2017 12	To support the Philharmonia’s new Digital Innovation and Partnerships programme which will develop new digital products and experiences, look to commercialise existing digital products, and develop their relationships with technology companies. ....more To support the Philharmonia’s new Digital Innovation and Partnerships programme which will develop new digital products and experiences, look to commercialise existing digital products, and develop their relationships with technology companies. It will also support the Philharmonia’s ongoing in-house Digital team to deliver core work in web, video and touring installations.
David & Elaine Potter Foundation - Orchestra Unwrapped
£5,000	27/06/2017 1	General donation to the Philharmonia's Orchestra Unwrapped appeal
David & Elaine Potter Foundation - Core funding
£60,000	20/10/2016 16	Core funding of the Orchestra
David & Elaine Potter Foundation - General donation
£5,000	20/10/2015	General donation
David & Elaine Potter Foundation - MusicLab and digital programme
£40,000	29/04/2015 24	To support the delivery of the MusicLab and other digital programmes of the Philharmonia Orchestra
David & Elaine Potter Foundation - Core funding
£45,000	15/07/2013	Core funding

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (2)

Current Trustees appointed

LORD KING OF LOTHBURY MERVYN ALLISTER KING (Chair) Appointed: 2020, Occupation: Self Employed

PHILHARMONIA LIMITED Appointed: 2020

Legal constitution

Charitable company registered in England & Wales on 05/12/1967, number: 254191
Registered at Companies House on 21/08/1967, number: 00913665

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

20 returns made; AR17: 1 days late, AR08: 7 days late, AR06: 345 days late,

Main office

6 Chancel Street
London
SE1 0UX

Objectives

THE ADVANCEMENT OF PUBLIC MUSICAL EDUCATION IN GENERAL. FOR FURTHER DETAILS SEE MEMORANDUM AND ARTICLES OF ASSOCIATION CLAUSE 3.

Defined Area of Benefit:

NATIONAL AND FOREIGN

Data Sources

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