OPERA NORTH FUTURE FUND
The charity has been established primarily to support the activities of Opera North Limited and to encourage and support its artistic aspirations and developmental initiatives.
Financial health, per its FY2025 accounts
The accounts state that free reserves of £5,000 are considered sufficient to cover general governance and support costs, with actual unrestricted reserves standing at £5,607. The charity reports no material uncertainty regarding its ability to continue as a going concern, supported by adequate controls and investment management provisions.
What the accounts disclose
“Free reserves of £5,000 are considered sufficient to cover general governance and support costs.”
“During the year, one of the Trustees of Opera North Future Fund were also a trustee of Opera North Limited. During the year the Opera North Future Fund made grants to Opera North Limited of £100,000 (2024: £250,000) as detailed in the Trustees’ Report. Opera North Limited paid costs of £32,795 (2024: £39,894) on behalf of Opera North Future Fund. Income of £20,000 (2024: £5) was received on behalf of Opera North Limited. The balance due to Opera North Limited at 31 March 2025 was £33,497 (2024: £40,702). There are no other related party transactions to disclose.” — page 19
Trustees
- REBECCA HELEN BLETCHERchair
- Laura Frances Canning
- Rebecca Campbell
- Richard Thomas Quayle
- Virginia Lloyd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £121k | £167k |
| 31/03/2024 | £138k | £324k |
| 31/03/2023 | £185k | £244k |
| 31/03/2022 | £235k | £371k |
| 31/03/2021 | £254k | £68k |
Common questions
Is OPERA NORTH FUTURE FUND financially healthy?
Per its FY2025 accounts: The accounts state that free reserves of £5,000 are considered sufficient to cover general governance and support costs, with actual unrestricted reserves standing at £5,607. The charity reports no material uncertainty regarding its ability to continue as a going concern, supported by adequate controls and investment management provisions. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Laidlaw Opera Trust | 3 | £835k |
| THE GOLSONCOTT FOUNDATION | 3 | £5k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 2 | £140k |
| THE JOHN BOOTH CHARITABLE FOUNDATION | 2 | £18k |
| DR RADCLIFFE'S TRUST | 2 | £6k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £600k |
| THE BAND TRUST | 1 | £498k |
| The Keith Howard Foundation | 1 | £307k |
Charities like this
- OPERA NORTH LIMITED
- OPERAGLASS WORKS LTD
- OPERA PRELUDE
- OXFORD OPERA TRUST CIO
- PEGASUS OPERA COMPANY LIMITED
- THE MERRY OPERA COMPANY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OPERA NORTH FUTURE FUND | £121k | — | 0 | above | — | no doubt |
| OPERA NORTH LIMITED | £18.8m | — | — | below | — | no doubt |
| OPERAGLASS WORKS LTD | £53k | — | 0 | unclear | — | no doubt |
| OPERA PRELUDE | £143k | — | 0 | above | — | no doubt |
| OXFORD OPERA TRUST CIO | £104k | — | 0 | unclear | — | no doubt |
| PEGASUS OPERA COMPANY LIMITED | £982k | — | 0 | unclear | — | no doubt |