PROMENADE CONCERT ORCHESTRA

Registered charity 1184124 · accounts filings on the Charity Commission register

Promotion and performance of Light Classical Music

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income
£33k
Latest spending
£24k
Registered
2019
Accounts read
FY2025

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.

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

What the accounts disclose

Highest-paid employee band: Under £20,000
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
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: sufficient surplus balance in the bank to cover for any exceptional cash outflow and/or unforeseeable losses (held: £37k)
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
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Remuneration of £1,490 paid to 3 trustees (Musical Director and 2 players) for professional services.
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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration paid to trustees for professional services
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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Cumbria · Lancashire

Income and spending

Financial year endIncomeSpending
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.