THE PICO PLAYERS
To advance, improve, develop and maintain public education in, and appreciation of, the art and science of music in all its aspects by any means the trustees see fit, including through the presentation of public concerts and recitals.To further such charitable purposes as the trustees in their absolute discretion shall think fit but in particular through the making of grants and donations.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £3,514 for the year ended 31 December 2024, with unrestricted funds carried forward totaling £3,424. The trustees note that while costs are increasing due to inflation, the financial statements appear robust compared to the prior year, and they do not anticipate needing to raise ticket prices materially in the near future.
What the accounts disclose
“To date the Charity has generally received 50% matching on its concert funds raised from the Macquarie Foundation, because Patrick Massey is an employee of the Macquarie Group and contributes significantly to the organisation of the concerts. It is to be noted that this is entirely at the Macquarie Foundation’s discretion and there can be no assurance the matching will continue at this level, or at all.” — page 8
“The commission was kindly sponsored by one of the Trustees, William Massey.”
“To date the Charity has generally received 50% matching on its concert funds raised from the Macquarie Foundation, because Patrick Massey is an employee of the Macquarie Group and contributes significantly to the organisation of the concerts. It is to be noted that this is entirely at the Macquarie Foundation’s discretion and there can be no assurance the matching will continue at this level, or at all.” — page 8
“The commission was kindly sponsored by one of the Trustees, William Massey.”
Trustees
- David Richard
- Elizabeth Harris
- MISS ROSIE WINTOUR
- PATRICK WILLIAM EDMUND MASSEY
- Philippa Mary Fawcett
- WILLIAM GREVILLE SALE MASSEY QC
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £52k | £56k |
| 31/12/2023 | £32k | £33k |
| 31/12/2022 | £36k | £32k |
| 31/12/2021 | £16k | £15k |
| 31/12/2020 | £10k | £19k |
Common questions
Is THE PICO PLAYERS financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £3,514 for the year ended 31 December 2024, with unrestricted funds carried forward totaling £3,424. The trustees note that while costs are increasing due to inflation, the financial statements appear robust compared to the prior year, and they do not anticipate needing to raise ticket prices materially in the near future. Its FY2024 accounts were independently examined.