THE LONDON PHILHARMONIC TRUST
The general purpose of the charity is to support the objects of the London Philharmonic Orchestra (LPO). These are to promote, maintain, improve and advance education, particularly musical education and to encourage the arts, including the arts of music, drama, mem, dance and singing.
Objects
A)THE ADVANCEMENT OF PUBLIC MUSICAL EDUCATION IN GENERAL AND (WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) IN PARTICULAR) BY PROCURING SPONSORING OR ASSISTING THE PERFORMANCE OF MUSICAL WORKS OF THE HIGHEST QUALITY IN ANY PART OF THE WORLD BY THE LONDON PHILHARMONIC OR SECTION OR SECTIONS OF THE LONDON PHILHARMONIC. II) BY ENCOURAGING IMPROVEMENTS IN STANDARDS OF PERFORMANCE BY THE LONDON PHILHARMONIC. III) BY PROMOTING THE DEVELOPMENT OF MUSICAL APPRECIATION BY THE GENERAL PUBLIC BY COMMISSIONING COMPOSITIONS AND BY PROCURING SPONSORING OR ASSISTING THE PERFORMANCE BY THE LONDON PHILHARMONIC OF MUSICAL WORKS OF HIGH QUALITY OR OF HISTORIC OR OTHER INTEREST WHICH ARE NOT FREQUENTLY PREFORMED AND IV) BY THE PRESERVATION AND EXPANSION OF THE LIBRARY OF THE LONDON PHILHARMONIC B) TO SUPPORT THE CHARITY CALLED THE LONDON PHILHARMONIC ORCHESTRA LIMITED IN ALL OR ANY OF ITS OBJECTS AND ACTIVITIES INCLUDING (WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) THE MAINTENANCE AND IMPROVEMENT OF ITS PREMISES THE SUPPLY OF ALL SUCH THINGS AS MAY BE REQUIRED FOR THAT PURPOSE OR FOR THE OBJECTS SET OUT ABOVE.
Financial health, per its FY2025 accounts
The accounts state that the charity holds significant net assets with minimal liabilities and operating costs, resulting in unrestricted reserves of £108,943 which are within the trustees' target range of £100,000 to £150,000. The trustees confirm there are no material uncertainties regarding the charity's financial viability and that it has adequate resources to continue activities for the foreseeable future. Total income for the year was £1,109,049, largely driven by a £1,000,000 transfer from a connected charity, while total expenditure was minimal at £2,501.
What the accounts disclose
“The current unrestricted reserves are within the target range of £100,000 - £150,000.”
“During the year the Trust received funds of £1,000,000 from London Philharmonic Orchestra Ltd establish a restricted Centenary fund, with the aim of growing this ahead of the 100 th anniversary of the orchestra in 2032. There were no amounts due to/from related parties as at year end.” — page 15
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Laurence Johnstone Wattchair
- DAVID BURKE
- DAVID DOUGLAS BUCKLEY
- Dr Catherine Colburn Hogel
- John Gareth Newman
- Martin Reinhard Hohmann
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.1m | £3k |
| 31/08/2024 | £104k | £12k |
Common questions
Is THE LONDON PHILHARMONIC TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds significant net assets with minimal liabilities and operating costs, resulting in unrestricted reserves of £108,943 which are within the trustees' target range of £100,000 to £150,000. The trustees confirm there are no material uncertainties regarding the charity's financial viability and that it has adequate resources to continue activities for the foreseeable future. Total income for the year was £1,109,049, largely driven by a £1,000,000 transfer from a connected charity, while total expenditure was minimal at £2,501. Its FY2025 accounts were audited by Crowe U.K. LLP.