Laidlaw Opera Trust

Registered charity 1175245 · accounts filings on the Charity Commission register · also known as LAIDLAW FOUNDATION, THE IRVINE LAIDLAW FOUNDATION, THE LAIDLAW FOUNDATION

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.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Latest income
£3.1m
Latest spending
£3.0m
Registered
2017
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £130,000 - £140,000 — above the 90th percentile for charities its size (median £70k)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“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
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £-645k; policy: minimal reserves)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Amounts owed to the Trust by related parties.
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£3.1m
Total spending
£3.0m
Reserves (reported)
£0
Employees
1

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Canada · Hong Kong · Ireland · Monaco · Rwanda · Scotland · Singapore · South Africa · Throughout England · United States

Income and spending

Financial year endIncomeSpending
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.