Finance Score: 0
Governance Score: -2
Support Score: 3
  • Excess liquidity: -1
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Mainly male board: -1
  • Overall weighted support: +3
Overall GiG Score: 1 ?

THE CORPORATION OF THE HALL OF ARTS AND SCIENCES

To maintain the Royal Albert Hall, a Grade I listed building of historical and cultural significance and, through its use, to promote the understanding, appreciation and enjoyment of the Arts and Sciences.
Analysis by Giving is Great

Positives:

  • The charity has received backing from a grant maker
  • Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

  • Why are there 24 trustees whereas the Charities Commission recommends a maximum of 12?
  • The Board is predominantly male

Financial issues to consider:

  • Liquidity appeared to be in excess of CC guidelines at the latest year end especially considering the historic stability of income
  • On several occasions in recent years income has been less than spending

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
31/12/23£54,363£42,692£11,671£553£62,428£59,72216.84190
31/12/22£43,258£36,649£6,609£565£50,757£48,16015.83770
31/12/21£24,385£27,238£-2,853£472£43,787£41,99818.53710
31/12/20£16,022£26,699£-10,677£504£46,640£46,22220.84080
31/12/19£39,342£40,971£-1,629£541£57,312£56,55716.64540
31/12/18£36,733£34,906£1,827£446£58,941£57,99119.93310
31/12/17£36,308£28,740£7,568£508£57,213£54,95722.92940
31/12/16£32,616£24,713£7,903£317£49,882£48,83423.72740
31/12/15£31,067£22,248£8,819£529£42,209£42,15022.72510
31/12/14£27,583£22,117£5,466£509£33,594£33,54118.22460
31/12/13£25,933£20,102£5,831£419£28,330£28,27516.92360
31/12/12£22,853£18,418£4,435£488£22,664£22,59114.72280
31/12/11£10,523£10,007£516£277£18,331£17,70821.22180
31/12/10£10,053£9,721£332£258£14,995£14,45017.82250
31/12/09£8,974£10,177£-1,203£263£12,829£12,35814.62390
31/12/08£8,979£8,573£406£235£12,281£11,16215.62350
31/12/07£8,375£8,460£-85£211£10,747£9,58813.62070
31/12/06£7,396£6,800£596n/an/an/an/an/an/a
31/12/05£6,721£6,430£291n/an/an/an/an/an/a
31/12/04£7,849£7,730£119n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 1.5%
Fundraising Costs/Total Spending: 1.3%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 49%
Liabilities/Income: 109%
Unrestricted Funds/Total Funds: 96%
Reserves/Spending: 16.8 months
Net Current Assets/Spending: 9 months
Quick Ratio: 1
Asset Split ?
Balance Sheet History
Established: 57 years

www.royalalberthall.com

susang@royalalberthall.com

020 7959 0505

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
  • Environment/Conservation/Heritage
GiG Classification
  • Performing and visual arts
How it operates
  • Acts as an umbrella or resource body
  • Provides buildings/facilities/open space
Where it operates
  • City Of Westminster,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • 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.

Specific Donations
Amount When
Months
To be used for
The Foyle Foundation - Arts
£100,000 11/02/2021
towards fresh air/air circulation systems to address COVID-safety guidelines (awarded grant in response to coronavirus)

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (24)
Current Trustees appointed
Gender Split
Based on 22/24 persons

Age Range of Trustees:
  • ANTHONY HARRY RATCLIFFE FRICS FRSA Appointed: 2012
  • DR MONICA BLOCH PHD Appointed: 2012
  • HARRY HANDELSMAN Appointed: 2020
  • IAIN RONALD MCNAY Appointed: 2019
  • IAN MCCULLOCH (Chair) Appointed: 2014
  • JAMES MAX BSC HONS Appointed: 2012
  • JOHN ANTHONY COOPER Appointed: 2017
  • JEREMY PAUL MARSDEN Appointed: 2024
  • JIM EYRE Appointed: 2021
  • KEVIN PORTER Appointed: 2018
  • LEON BAROUKH MA CFA Appointed: 2008
  • LIN CRAIG Appointed: 2010
  • MARK SCHNEBLI Appointed: 1998
  • NIGEL JONATHON HAMWAY Appointed: 2020, Occupation: Company Director
  • PETER B M LIM FCA MBA Appointed: 2015
  • PROFESSOR IAN ALEXANDER WALMSLEY Appointed: 2024
  • RICHARD HARRINGTON Appointed: 2021
  • ROBERT DUNCAN JAMES SHENNAN Appointed: 2024, Occupation: Director
  • ROBERT LIPSON Appointed: 2015
  • SIR MICHAEL DIXON KBE BSC Appointed: 2004
  • STEPHEN BRANDON Appointed: 2017
  • STUART WILLIAM NEWEY Appointed: 2017
  • THOMAS JAMES ROBERT BORWICK Appointed: 2022
  • THE HONOURABLE ALICE WALPOLE OBE Appointed: 2023
Legal constitution
  • Charity registered in England & Wales on 18/12/1967, number: 254543
Gift Aid
  • Registered with HMRC for Gift Aid
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
  • Investment
  • Paying staff
  • 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; all on time
Main office

ROYAL ALBERT HALL
KENSINGTON GORE
LONDON
SW7 2AP

Objectives

FOR THE ADVANCEMENT OF ARTS AND SCIENCES IN THE MANNER SET OUT IN THE CHARTERS (SEE RECITALS (7) (8) AND (11E) OF THE ACT OF 1966)

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving

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