THE CHAMBER ORCHESTRA OF EUROPE
The performance and recording of works of classical music.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £3,478,802 at the end of the year, an increase from the previous year's £2,859,274. The Trustees consider this level of reserves appropriate to mitigate risks associated with working across Europe and changes to tax credit schemes. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Orchestra requires a level of reserves to ensure sufficient resources to support a programme of activity that involves development some years in advance. The Trustees also consider it appropriate to have a certain level of reserves to mitigate some of the risks associated with working across Europe at a time of uncertainty caused by the effects of the war in Ukraine and the changes to the UK government tax credit scheme from 1 April 2024 when it was no longer possible to make claims for eligible costs incurred outside the UK.”
Corporate structure
- Registered company of the charity Companies House 01587684
Company officers (Companies House)
- HOARE, Michael Graham on trustee list
- JUDD, James Murray on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- PETER READMANchair
- JAMES JUDD
- MICHAEL GRAHAM HOARE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.8m | £3.1m |
| 31/12/2023 | £4.2m | £3.5m |
| 31/12/2022 | £3.9m | £4.0m |
| 31/12/2021 | £1.9m | £1.7m |
| 31/12/2020 | £1.7m | £1.4m |
Common questions
Is THE CHAMBER ORCHESTRA OF EUROPE financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £3,478,802 at the end of the year, an increase from the previous year's £2,859,274. The Trustees consider this level of reserves appropriate to mitigate risks associated with working across Europe and changes to tax credit schemes. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Lewis Golden LLP.
Who funds THE CHAMBER ORCHESTRA OF EUROPE?
Funders whose own accounts filings name THE CHAMBER ORCHESTRA OF EUROPE as a grant recipient include THE GATSBY CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GATSBY CHARITABLE FOUNDATION | FY2023 | £1.0m | Towards core costs. |
| THE GATSBY CHARITABLE FOUNDATION | FY2025 | £750k | Towards core costs. |
| THE GATSBY CHARITABLE FOUNDATION | FY2024 | £750k | Towards core costs. |
| THE GATSBY CHARITABLE FOUNDATION | FY2022 | £750k | Towards core costs. |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MARIA BJORNSON MEMORIAL FUND | 3 | £43k |
| DR RADCLIFFE'S TRUST | 3 | £17k |
| THE GOLSONCOTT FOUNDATION | 3 | £6k |
| THE REED FOUNDATION | 2 | £55k |
| THE MARCHUS TRUST | 2 | £25k |
| CECIL PILKINGTON CHARITABLE TRUST | 2 | £24k |
| THE JOHN THAW FOUNDATION | 2 | £6k |
| BLUESPARK FOUNDATION | 1 | — |
Charities like this
- LYRITA NIMBUS ARTS
- THE LONDON MOZART PLAYERS TRUST
- LONDON PHILHARMONIC ORCHESTRA LIMITED
- ORCHESTRA OF ST JOHN'S LIMITED
- THE ENGLISH CONCERT
- EARLY MUSIC AS EDUCATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHAMBER ORCHESTRA OF EUROPE | £3.8m | — | 0 | above | — | no doubt |
| LYRITA NIMBUS ARTS | £134k | — | 0 | unclear | — | no doubt |
| THE LONDON MOZART PLAYERS TRUST | £1.3m | £60,001 - £70,000 | 1 | above | — | no doubt |
| LONDON PHILHARMONIC ORCHESTRA LIMITED | £14.6m | — | — | unclear | — | no doubt |
| ORCHESTRA OF ST JOHN'S LIMITED | £337k | — | 0 | unclear | — | no doubt |
| THE ENGLISH CONCERT | £1.4m | — | — | unclear | — | no doubt |