PROMENADE CONCERT ORCHESTRA
Promotion and performance of Light Classical Music
Financial health, per its FY2025 accounts
The accounts state that the charity operated with a surplus of £9,125 for the year, resulting in an accumulated fund of £36,744. The trustees maintain that these reserves are sufficient to cover exceptional cash outflows or unforeseeable losses, noting that the society runs with a surplus in its current account. Despite hostile economic factors and increased venue costs, the orchestra delivered four concerts and received a significant legacy bequest.
What the accounts disclose
“The total of musicians' fees includes remuneration for 3 Trustees, ie: Musical Director and 2 players, for professional services in a solely musical capacity, totalling £1,490.” — page 5
“Our present Reserves policy is to ensure there is sufficient surplus balance in the bank to cover for any exceptional cash outflow and/or unforeseeable losses.” — page 5
“The total of musicians' fees includes remuneration for 3 Trustees, ie: Musical Director and 2 players, for professional services in a solely musical capacity, totalling £1,490.” — page 5
“The total of musicians' fees includes remuneration for 3 Trustees, ie: Musical Director and 2 players, for professional services in a solely musical capacity, totalling £1,490.” — page 5
Trustees
- Anthony John Riggchair
- CATHERINE POTTER BSc
- Christine Margaret Lorriman
- Elizabeth Neale Cert. Ed.
- Gillian Allen
- HOWARD ROGERSON BA GRSM
- Jean Ball
- Mark Grover
- Roger Neale Cert. Ed.
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £33k | £24k |
| 30/06/2024 | £26k | £23k |
| 30/06/2023 | £21k | £18k |
| 30/06/2022 | £15k | £20k |
| 30/06/2021 | £2k | £1k |
Common questions
Is PROMENADE CONCERT ORCHESTRA financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated with a surplus of £9,125 for the year, resulting in an accumulated fund of £36,744. The trustees maintain that these reserves are sufficient to cover exceptional cash outflows or unforeseeable losses, noting that the society runs with a surplus in its current account. Despite hostile economic factors and increased venue costs, the orchestra delivered four concerts and received a significant legacy bequest. Its FY2025 accounts were independently examined.
What does the highest-paid employee of PROMENADE CONCERT ORCHESTRA earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £20,000 band.