PHILHARMONIA LTD
The charitable objectives are the advancement of public education through the promotion and support of the art of music, particularly by the promotion and encouragement of orchestral music and the relief of povertyand distress amongst playing members of any symphony orchestra for the time being maintained by the Charity. We achieve this by maintaining a symphony orchestra of the highest quality.
Objects
2.1 THE OBJECTS OF THE CHARITY ARE THE ADVANCEMENT OF PUBLIC EDUCATION THROUGH THE PROMOTION AND SUPPORT OF THE ART OF MUSIC (INCLUDING OPERA, MUSIC, DRAMA, BALLET AND ALL ART FORMS CONSISTING IN WHOLE OR IN PART OF MUSIC) PARTICULARLY BY THE PROMOTION AND ENCOURAGEMENT OF ORCHESTRAL MUSIC (“THE OBJECTS”).2.2 THE RELIEF OF POVERTY AND DISTRESS AMONGST PLAYING MEMBERS OF ANY SYMPHONY ORCHESTRA FOR THE TIME BEING MAINTAINED BY THE CHARITY AND THE DEPENDENTS OF SUCH PERSONS.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a consolidated net surplus of £541,452 for the year ended 31 August 2025, with total unrestricted funds carried forward amounting to £4,652,218. The trustees report that free reserves of £2,311,316 exceed the stated policy target of at least £750,000, and the independent auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“In the band £170,001 - £180,000 1”
“The Philharmonia Orchestra aims to have accessible free reserves to cover at least 3 months of overhead costs at any one time and no less than £750,000.” — page 11
“The Charity received donations in the year from 7 (2024 - 5) Trustees for the value of £120,755 (2024 £157,860).” — page 60
“The Company had a related party relationship with MMSF by virtue of its trustees. At the year-end MMSF owed Philharmonia Limited £80,850 (2024 – £91,324).” — page 60
“The Charity received donations in the year from 7 (2024 - 5) Trustees for the value of £120,755 (2024 £157,860).” — page 60
“The Company had a related party relationship with MMSF by virtue of its trustees. At the year-end MMSF owed Philharmonia Limited £80,850 (2024 – £91,324).” — page 60
“The Charity received donations in the year from 7 (2024 - 5) Trustees for the value of £120,755 (2024 £157,860).” — page 60
“The Company had a related party relationship with MMSF by virtue of its trustees. At the year-end MMSF owed Philharmonia Limited £80,850 (2024 – £91,324).” — page 60
“The Charity received donations in the year from 7 (2024 - 5) Trustees for the value of £120,755 (2024 £157,860).” — page 60
“The Company had a related party relationship with MMSF by virtue of its trustees. At the year-end MMSF owed Philharmonia Limited £80,850 (2024 – £91,324).” — page 60
“Rite Digital Limited, Philharmonia Limited’s fully owned trading subsidiary Company, made an operating surplus of £NIL (2024: £8,202).”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Government income: £1,842,501 — grants £1,842,501 (1); 17% of the £11,083,033 total gross income on the same return
- Employees paid over £60,000: 6 (£60,001–£70,000: 1; £70,001–£80,000: 3; £80,001–£90,000: 1; £150,001–£200,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/08/2024
- Government income: £1,830,223 — grants £1,830,223 (1); 18% of the £10,233,752 total gross income on the same return
- Employees paid over £60,000: 7 (£60,001–£70,000: 6; £150,001–£200,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/08/2023
- Government income: £1,975,814 — grants £1,975,814 (1); 22% of the £8,804,771 total gross income on the same return
- Employees paid over £60,000: 6 (£60,001–£70,000: 4; £90,001–£100,000: 1; £150,001–£200,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Has a trading subsidiary
Leadership, per the charity’s website
- Santtu-Matias Rouvali — Principal Conductor
- Marin Alsop — Principal Guest Conductor
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- DAVID KEITH PICKARD
- David Charles Aitman
- Emma Lisney
- Fiona Margaret Cornall
- Howard Davies
- James Samuel Buckle
- Johanne Hudson
- Laurence Alexander Rolton
- Luke Whitehead
- Nick Bishop
- Paul Stoneman
- Robert Looman
- Soong Choo
- Susan Hedger
- Terence Rhodes Sinclair
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £11.1m | £10.7m |
| 31/08/2024 | £10.2m | £10.3m |
| 31/08/2023 | £8.8m | £9.1m |
| 31/08/2022 | £8.7m | £8.4m |
| 31/08/2021 | £12.9m | £7.8m |
Common questions
Is PHILHARMONIA LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a consolidated net surplus of £541,452 for the year ended 31 August 2025, with total unrestricted funds carried forward amounting to £4,652,218. The trustees report that free reserves of £2,311,316 exceed the stated policy target of at least £750,000, and the independent auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by MHA.
What does the highest-paid employee of PHILHARMONIA LTD earn?
Per its FY2025 accounts, the highest-paid employee was in the £170,001 - £180,000 band.
Who funds PHILHARMONIA LTD?
Funders whose own accounts filings name PHILHARMONIA LTD as a grant recipient include THE ERANDA ROTHSCHILD FOUNDATION, DAVID AND ELAINE POTTER FOUNDATION, MUSICIANS BENEVOLENT FUND, THE SCOPS ARTS TRUST, THE E C SOSNOW CHARITABLE TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 25/05/2016 | £8k | Symphonize - Engaging Disadvantaged Young People in Leicester |
| The National Lottery Community Fund | 28/04/2006 | £5k | Music for Life |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £31k |
| THE BOLTINI TRUST | 1 | £20k |
| The Ethos Foundation | 1 | £12k |
| THE HENRY LUMLEY CHARITABLE TRUST | 1 | £10k |
| THE EARLEY CHARITY | 1 | £6k |
| THE SAINTBURY TRUST | 1 | £5k |
| THE MARCHUS TRUST | 1 | £5k |
| THE HOBSON CHARITY LIMITED | 1 | £2k |
Charities like this
- LONDON PHILHARMONIC CHOIR
- ROYAL PHILHARMONIC ORCHESTRA LIMITED
- THE TONBRIDGE PHILHARMONIC SOCIETY
- THE BIRMINGHAM PHILHARMONIC ORCHESTRA
- YORKSHIRE PHILHARMONIC CHOIR LIMITED
- PLYMOUTH SYMPHONY ORCHESTRA
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PHILHARMONIA LTD | £11.1m | £170,001 - £180,000 | — | above | — | no doubt |
| LONDON PHILHARMONIC CHOIR | £95k | — | 0 | unclear | — | no doubt |
| ROYAL PHILHARMONIC ORCHESTRA LIMITED | £11.8m | — | — | unclear | 5.0% | no doubt |
| THE TONBRIDGE PHILHARMONIC SOCIETY | £59k | — | 0 | above | — | no doubt |
| THE BIRMINGHAM PHILHARMONIC ORCHESTRA | £37k | — | 0 | unclear | — | no doubt |
| YORKSHIRE PHILHARMONIC CHOIR LIMITED | £60k | — | 0 | above | — | no doubt |