Laidlaw Opera Trust
Laidlaw Opera Trust champions live music as a uniquely thrilling art form accessible to all. We invest in opera companies and houses who believe that opera should be part of everyones cultural capital. Through strategic support and grants, we aim to expand Operas reach and self-sufficiency.
Objects
THE OBJECTS OF THE FOUNDATION ARETHE ADVANCEMENT OF EDUCATION, ESPECIALLY THE EDUCATION OF DEPRIVED YOUNG PEOPLE, IN PARTICULAR BY MEANS OF GRANTS AND OTHER FORMS OF FINANCIAL ASSISTANCE TO INSTITUTIONS WHICH ARE ENGAGED IN THE PROVISION OF EDUCATIONAL SERVICES IN ANY PART OF THE WORLD; ANDTHE ADVANCEMENT OF ARTS AND CULTURE FOR THE PUBLIC BENEFIT IN PARTICULAR BY MEANS OF GRANTS AND OTHER FORMS OF FINANCIAL ASSISTANCE.
Financial health, per its FY2025 accounts
The accounts state that the charity holds negative unrestricted reserves of £644,723, a deficit attributed to future grant commitments. Per the trustees' report, these commitments are fully funded by the sole sponsor, Lord Laidlaw of Rothiemay, ensuring adequate resources for operational existence. The auditor confirmed no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The number of employees whose annual remuneration was more than £60,000 is as follows: 2025 Number £100,000-£110,000 - £130,000-£140,000 1” — page 25
“The number of employees whose annual remuneration was more than £60,000 is as follows: 2025 Number £100,000-£110,000 - £130,000-£140,000 1” — page 25
“At 31 December the Trust had negative reserves of £644,723 (2024 - £704,386) due to future commitments made prior to the year end. These commitments will be met by donations received from the Trust's sole sponsor, Lord Laidlaw of Rothiemay.” — page 10
“At the year end, a balance of £nil (2024: £67,660) was owed to the Trust by Specialised Transportation Ltd, £226,499 (2024: £139,768) by Laidlaw Foundation, Switzerland and £nil (2024: £32,981) by Laidlaw Schools Trust.” — page 28
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- 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
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Lord IRVINE LAIDLAWchair
- Anne Marabini Young
- Julien Amand Van Mellaerts
- Lady Amanda Charlotte Haddon-Cave
- Mme Catherine Lomberg
- Rt Hon. Sir Charles Anthony Haddon-Cave
- Susanna Kempe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £3.1m | £3.0m |
| 31/07/2024 | £5.3m | £2.4m |
| 31/07/2023 | £10.9m | £9.6m |
| 31/07/2022 | £8.2m | £7.8m |
| 31/07/2021 | £10.2m | £16.4m |
Common questions
Is Laidlaw Opera Trust financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds negative unrestricted reserves of £644,723, a deficit attributed to future grant commitments. Per the trustees' report, these commitments are fully funded by the sole sponsor, Lord Laidlaw of Rothiemay, ensuring adequate resources for operational existence. The auditor confirmed no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Azets Audit Services.
What does the highest-paid employee of Laidlaw Opera Trust earn?
Per its FY2025 accounts, the highest-paid employee was in the £130,000 - £140,000 band, and 1 employees earned over £60,000.