PHILHARMONIA TRUST LIMITED
The advancement of musical education and appreciation, principally through the Philharmonia Orchestra.
Financial health, per its FY2025 accounts
The accounts state that net assets are £nil, with unrestricted funds fully offset by liabilities owed to Philharmonia Limited. The trustees report that the charity is no longer a going concern, as its assets were gifted to Philharmonia Limited in 2020, leaving only legal liabilities and a mortgage loan to be honoured by the related company.
What the accounts disclose
“Income from Philharmonia Ltd - Mortgage Interest” — page 10
“At 31 August 2025, net assets were £nil (2024: £nil).” — page 4
“There were no related party transactions in the current year other than the income received from Philharmonia Limited. As at the balance sheet date there was a net balance due from Philharmonia Limited of £1,365,485 (2024: £1,441,714). The balance is interest free and repayable on demand.” — page 13
Funders the charity credits
- American Patrons of the Philharmonia Foundation
- Philharmonia in Bedford Trust
- Arts Council England
- Bedford Borough Council
- The 29th May 1961 Charitable Trust
- ABO Trust’s Sirens programme
- The Andor Charitable Trust
- Art Mentor Foundation Lucerne
- Maria Björnson Memorial Fund
- Cockayne – Grants for the Arts
- The Connolly Foundation
- William Delafield Charitable Trust
- D’Oyly Carte Charitable Trust
- The Maud Elkington Charitable Trust
- Gale Family Charity Trust
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £33k | £33k |
| 31/08/2024 | £38k | £38k |
| 31/08/2023 | £42k | £42k |
| 31/08/2022 | £50k | £50k |
| 31/08/2021 | £42k | £6.0m |
Common questions
Is PHILHARMONIA TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that net assets are £nil, with unrestricted funds fully offset by liabilities owed to Philharmonia Limited. The trustees report that the charity is no longer a going concern, as its assets were gifted to Philharmonia Limited in 2020, leaving only legal liabilities and a mortgage loan to be honoured by the related company. Its FY2025 accounts were independently examined.
Who funds PHILHARMONIA TRUST LIMITED?
Funders whose own accounts filings name PHILHARMONIA TRUST LIMITED as a grant recipient include THE E C SOSNOW CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE E C SOSNOW CHARITABLE TRUST | FY2024 | £10k | |
| THE E C SOSNOW CHARITABLE TRUST | FY2023 | £10k |