LONDON PHILHARMONIC ORCHESTRA LIMITED
PROVISION OF ORCHESTRAL SERVICES AND MUSIC EDUCATION
Financial health, per its FY2025 accounts
The accounts state that the Orchestra recorded a record turnover of £14.55m against record expenditure of £14.6m, resulting in a modest overall increase in total reserves of just £30k to £9.19m. Per the trustees' report, the general (risk) reserve stands at £1.513m, which is above the stated policy target of £1.1m, providing security against economic uncertainty despite projected small operating deficits in the coming years.
What the accounts disclose
“This has been set at £1.1m, following detailed analysis of the risks faced.”
“Catherine Høgel, David Burke and David Buckley are Trustees of The London Philharmonic Trust, to which the Charity granted £1m during the year to establish the Centenary Fund.” — page 32
Leadership, per the charity’s website
- Edward Gardner — Principal Conductor
- Karina Canellakis — Principal Guest Conductor
- Paavo Järvi — Chief Conductor & Artistic Advisor
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- CATHERINE HOGELchair
- DAVID BURKE
- DAVID DOUGLAS BUCKLEY
- DEBORAH DOLCE
- David Whitehouse
- Emily Benn
- Jamie EMEKA AMAFAMUNA Njoku-Goodwin
- Jesus Herrera
- Kate Birchall
- Mark Christopher Vines
- Michelle Crowe Hernandez
- Neil Westreich
- Simon Burke
- Simon Carrington
- Simon Estell
- Sir Nigel Boardman
- Tania Mazzetti
- Yuen Minn Majoe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £14.6m | £14.7m |
| 31/08/2024 | £12.7m | £11.9m |
| 31/08/2023 | £12.8m | £14.0m |
| 31/08/2022 | £10.6m | £10.1m |
| 31/08/2021 | £7.3m | £6.7m |
Common questions
Is LONDON PHILHARMONIC ORCHESTRA LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the Orchestra recorded a record turnover of £14.55m against record expenditure of £14.6m, resulting in a modest overall increase in total reserves of just £30k to £9.19m. Per the trustees' report, the general (risk) reserve stands at £1.513m, which is above the stated policy target of £1.1m, providing security against economic uncertainty despite projected small operating deficits in the coming years. Its FY2025 accounts were audited by Crowe UK LLP.
Who funds LONDON PHILHARMONIC ORCHESTRA LIMITED?
Funders whose own accounts filings name LONDON PHILHARMONIC ORCHESTRA LIMITED as a grant recipient include THE ROTHSCHILD FOUNDATION, JERWOOD FOUNDATION, THE FOYLE FOUNDATION, THE VERNON ELLIS FOUNDATION, THE KIRBY LAING FOUNDATION.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 20/10/2022 | £1.8m | National Portfolio Organisations |
| UK government | 08/12/2021 | £2.1m | National Portfolio Organisations |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AUSTIN AND HOPE PILKINGTON TRUST | 3 | £15k |
| THE ANTHONY AND ELIZABETH MELLOWS CHARITABLE SETTLEMENT | 2 | £95k |
| THE ANDREW LLOYD WEBBER FOUNDATION | 2 | £79k |
| THE BOLTINI TRUST | 2 | £45k |
| THE SAINTBURY TRUST | 2 | £27k |
| L G HARRIS TRUST | 1 | — |
| THE GATSBY CHARITABLE FOUNDATION | 1 | £3.3m |
| THE ARDEOLA CHARITABLE TRUST | 1 | £2.5m |
Charities like this
- ROYAL PHILHARMONIC ORCHESTRA LIMITED
- THE CHAMBER ORCHESTRA OF EUROPE
- THE LONDON SYMPHONY ORCHESTRA LIMITED
- THE LONDON SYMPHONY CHORUS
- THE LONDON MUSICAL THEATRE ORCHESTRA
- PHILHARMONIA LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LONDON PHILHARMONIC ORCHESTRA LIMITED | £14.6m | — | — | unclear | — | no doubt |
| ROYAL PHILHARMONIC ORCHESTRA LIMITED | £11.8m | — | — | unclear | 5.0% | no doubt |
| THE CHAMBER ORCHESTRA OF EUROPE | £3.8m | — | 0 | above | — | no doubt |
| THE LONDON SYMPHONY ORCHESTRA LIMITED | £28.8m | — | — | within | — | no doubt |
| THE LONDON SYMPHONY CHORUS | £167k | — | 0 | unclear | — | no doubt |
| THE LONDON MUSICAL THEATRE ORCHESTRA | £392k | — | 0 | unclear | — | no doubt |