PEGASUS OPERA COMPANY LIMITED
Promoting the performance of opera for UK and International festivals with the running of related workshops and coaching in schools, community groups and individuals.
Objects
The advancement of the arts, education and community development, for the public benefit, in particular, but not exclusively, by: (a) the promotion of multicultural opera and musical drama; (b) the provision of performance opportunities to artists of diverse backgrounds; (c) the promotion of artists of African and Asian heritage in the UK to opera and musical drama producers; (d) the promotion of opera and music to young people in underserved communities; and (e) the promotion of opera and musical education to members of culturally diverse communities of all ages.?
Financial health, per its FY2026 accounts
The accounts state that the charity reported a net surplus of £252,038 for the year ended 31 March 2026, with total income rising to £982,007. Per the trustees' report, unrestricted reserves stood at £757,185, providing financial resilience to meet ongoing commitments and manage cash flow effectively.
What the accounts disclose
“The minimum level is set at three months’ operating expenditure available at any time during the year.”
Policies the charity declares
- 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
- 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
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Government income: £217,632 — grants £217,632 (3); 22% of the £982,007 total gross income on the same return
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- Sarah Sawyerrchair
- Antoin Strachan
- Christopher Fish
- Kevin Charles
- Lascelles Haughton
- Natalya Best-Forbes
- Richard John Barnard Slack
- Satarupa Ghosh
- Swati Nakra
- Timothy Cook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £982k | £730k |
| 31/03/2025 | £603k | £658k |
| 31/03/2024 | £787k | £509k |
| 31/03/2023 | £461k | £337k |
| 31/03/2022 | £376k | £270k |
Common questions
Is PEGASUS OPERA COMPANY LIMITED financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported a net surplus of £252,038 for the year ended 31 March 2026, with total income rising to £982,007. Per the trustees' report, unrestricted reserves stood at £757,185, providing financial resilience to meet ongoing commitments and manage cash flow effectively. Its FY2026 accounts were independently examined.
Who funds PEGASUS OPERA COMPANY LIMITED?
Funders whose own accounts filings name PEGASUS OPERA COMPANY LIMITED as a grant recipient include Laidlaw Opera Trust, PAUL HAMLYN FOUNDATION, WALCOT EDUCATIONAL FOUNDATION, DR RADCLIFFE'S TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Laidlaw Opera Trust | FY2025 | £600k | Restricted grant |
| PAUL HAMLYN FOUNDATION | FY2023 | £150k | Arts-based Learning Fund |
| WALCOT EDUCATIONAL FOUNDATION | FY2024 | £24k | Opera Mentoring Programme |
| WALCOT EDUCATIONAL FOUNDATION | FY2024 | £15k | Opera Mentoring Programme |
| DR RADCLIFFE'S TRUST | FY2024 | £4k | Music Mentoring Programme |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 06/09/2023 | £100k | "Windrush Travelling Songbook Exhibition and Learning and Participation Programme" |
| Greater London Authority | 20/10/2022 | £28k | Pegasus Music Mentoring Programme |
| Greater London Authority | 01/09/2019 | £75k | Pegasus Opera Company |
| The National Lottery Community Fund | 11/11/2016 | £10k | Black History Month Opera Celebrations |
| The National Lottery Heritage Fund | 06/04/2016 | £10k | "Pegasus Opera Company - Black History Heroes" |
| The National Lottery Community Fund | 30/01/2014 | £5k | The B#s |
| The National Lottery Community Fund | 20/10/2011 | £8k | Young People Making It! |
| The National Lottery Community Fund | 06/11/2009 | £10k | Family Learning |
| The National Lottery Community Fund | 10/11/2006 | £5k | KOANGA - Community and Education Project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COLWINSTON CHARITABLE TRUST | 2 | £113k |
| THE CENTRE FOR INNOVATION IN VOLUNTARY ACTION | 1 | £99k |
| THE CLORE DUFFIELD FOUNDATION | 1 | £60k |
| H M SASSOON CHARITABLE TRUST | 1 | £52k |
| THE COSTA FAMILY CHARITABLE TRUST | 1 | £39k |
| The Ethos Foundation | 1 | £36k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £29k |
| THE WOODWARD CHARITABLE TRUST | 1 | £25k |
Charities like this
- PEGASUS
- NEW SUSSEX OPERA
- GUILDFORD OPERA COMPANY
- GRANGE PARK OPERA
- BAREFOOT OPERA
- THE RADIUS OPERA COMPANY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PEGASUS OPERA COMPANY LIMITED | £982k | — | 0 | unclear | — | no doubt |
| PEGASUS | £261k | — | 0 | unclear | — | no doubt |
| NEW SUSSEX OPERA | £54k | — | 0 | unclear | — | no doubt |
| GUILDFORD OPERA COMPANY | £46k | — | 0 | above | — | no doubt |
| GRANGE PARK OPERA | £4.0m | — | 0 | unclear | — | no doubt |
| BAREFOOT OPERA | £167k | — | 0 | unclear | — | no doubt |