ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION
Registered charity 211775 · accounts filings on the Charity Commission register · also known as ORCHESTRA OF THE ROYAL OPERA HOUSE, ROH2, ROYAL OPERA HOUSE COVENT GARDEN LIMITED, THE ROYAL BALLET, THE ROYAL OPERA
Presentation of opera and ballet performances at the Royal Opera House Covent Garden and tours in the United Kingdom and overseas
Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that unrestricted general funds were £4.1m at the period end, equating to only 3% of current unrestricted incoming resources, which the Trustees note is below their target level of £10m. The charity reported a net expenditure on unrestricted funds of £4.3m for the year, driven by significant capital investment and inflationary pressures, though it maintains substantial cash reserves of £108.8m. The Trustees confirm adequate resources to continue as a going concern for at least twelve months, despite facing ongoing challenges from inflation and the need for substantial future building investment.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Related-party transaction: The charity received grants of £1.8m from Royal Opera House Endowment Fund 2000.
“During the period the charity received grants of £1.8m (52 week period ended 25 August 2024; £2.3m) from Royal Opera House Endowment Fund 2000 in furtherance of its charitable objectives.” — page 86
“The aggregate amount of unrestricted donations received from trustees was £2.6m (52 week period ended 25 August 2024: £3.2m).” — page 87
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity received unrestricted donations of £2.6m from trustees.
“During the period the charity received grants of £1.8m (52 week period ended 25 August 2024; £2.3m) from Royal Opera House Endowment Fund 2000 in furtherance of its charitable objectives.” — page 86
“The aggregate amount of unrestricted donations received from trustees was £2.6m (52 week period ended 25 August 2024: £3.2m).” — page 87
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Royal Opera House Enterprises Limited, ROH Holdings Limited
“The charity has two trading subsidiaries — ROH Holdings Limited and Royal Opera House Enterprises Limited.” — page 64
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Crowe UK LLP. Discloses 3 of 6 completeness components.
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Corporate structure
ROYAL OPERA HOUSE ENTERPRISES LIMITED — per its own Companies House accounts
- Turnover: £23.1m
- Profit before tax: £6.1m
- Intra-group loan to parent fully repaid in prior period; current balance sheet shows £1,579k amount due to parent within one year.
ROH HOLDINGS LIMITED — per its own Companies House accounts
- Turnover: £5k
- Profit before tax: £320k
- The company discloses that all intra-group balances are repayable on demand and do not require discounting. Specifically, there are amounts due from The Royal Opera House Endowment Fund 2000 (debtors) and amounts owed to the parent undertaking (creditors).
Company officers (Companies House)
Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.
- BULL, Deborah, Baroness — director, appointed 01/09/2025on trustee list
- GOLANT, Farah Ramzan — director, appointed 10/12/2024on trustee list
- MCCALL, Carolyn Julia, Dame — director, appointed 10/12/2024on trustee list
- STANTON, Alan William — director, appointed 08/10/2024on trustee list
- SUMMERS, Alistair Gerald — director, appointed 08/10/2024on trustee list
- ISON, Daniel Alexander — director, appointed 01/09/2024on trustee list
- LUCAS, Stephen — director, appointed 01/09/2024on trustee list
- STREETEN, Joanna — director, appointed 21/05/2024on trustee list
- FREISE, Philipp Roland — director, appointed 07/12/2023on trustee list
- SUSSKIND, Janis Elizabeth — director, appointed 05/10/2022on trustee list
- BURGER, Lisa Jane — director, appointed 05/10/2022on trustee list
- BRITTON, Caroline Louise — director, appointed 14/12/2021on trustee list
- BROWNE OF MADINGLEY, John, Lord — director, appointed 01/09/2020not on trustee list
- BADAWI-MALIK, Zeinab Mohammed-Khair — director, appointed 08/10/2019on trustee list
- BUNTING, Timothy Brian — director, appointed 03/10/2017on trustee list
- DORFMAN, Lloyd Marshall — director, appointed 10/02/2015not on trustee list
- HURST, Leah — secretary, appointed 08/10/2019
Official officers record.
UK research funding (UKRI Gateway to Research)
Property (HM Land Registry)
2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Trustpilot: Royal Opera House scores 2.4/5 from 55 reviews (source) — reviews usually concern the charity’s shops or services, not its charitable performance.
Public profiles (found on the charity’s own website): facebook (2,261,346 likes) · instagram (2M followers)
Structured financials (annual return, FY ending 25/08/2025)
Cost of raising funds
£21.9m
Reported reserves equal ~0.3 months of spending — in the bottom quarter for charities its size (median 2.7 months; benchmarks).
Per its annual return, largest income source: Charitable activities (45% 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: 12.1% of total income — above the median for charities its size (2.9%) (benchmarks).
Register events
- Received assets from another charity (05/05/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (28/10/2015) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted general funds were £4.1m at the period end, equating to only 3% of current unrestricted incoming resources, which the Trustees note is below their target level of £10m. The charity reported a net expenditure on unrestricted funds of £4.3m for the year, driven by significant capital investment and inflationary pressures, though it maintains substantial cash reserves of £108.8m. The Trustees confirm adequate resources to continue as a going concern for at least twelve months, despite facing ongoing challenges from inflation and the need for substantial future building investment. Its FY2025 accounts were audited by Crowe UK LLP.
Who funds ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION?
Funders whose own accounts filings name ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION as a grant recipient include THE MASTER CHARITABLE TRUST, THE JULIA RAUSING TRUST, GARFIELD WESTON FOUNDATION, THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000, THE MOHN WESTLAKE FOUNDATION.
Shared trustees with funders
Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.