ACADEMY OF ST MARTIN IN THE FIELDS
The principal activities of the charity during the year were the promotion and advancement of musical education for public benefit, and the support of the practice and performance of chamber orchestra music by the giving of public concerts.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a surplus of £423,308 and unrestricted reserves of £1,915,058. The trustees note that reserves are held to mitigate anticipated deficits over the next three years due to a reduction in Orchestra Tax Relief. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“£100,001 to £110,000 4” — page 33
“the trustees agreed that reserves should be built up as much as reasonably possibly by the end of the 2024/25 season before up to three years of anticipated deficit budgets from the 2025/26 season onwards.”
“Included in the Charity's charitable expenditure are payments to these related parties of £98,830 (2024 - £110,735). The contracts of the directors as players are individually negotiated on an arms-length basis on similar terms to those available to other players who are not directors.” — page 37
“Directors (who are also trustees) made donations totalling £54,523 in the year (2024 - £81,290).” — page 37
“Included in the Charity's charitable expenditure are payments to these related parties of £98,830 (2024 - £110,735). The contracts of the directors as players are individually negotiated on an arms-length basis on similar terms to those available to other players who are not directors.” — page 37
“Directors (who are also trustees) made donations totalling £54,523 in the year (2024 - £81,290).” — page 37
Leadership, per the charity’s website
- Joshua Bell — Music Director
- Tomo Keller — Director / Leader
- Sir Neville Marriner — Founding President
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- martin ernst fraenkelchair
- Andrew Marriner
- Arthur Wang
- Dr Andrew John Mackintosh
- Gary Alan Powell
- Isabelle Marie Nicole Deschamps
- Joanna Mary Hensel
- Judith Haslam
- Julie Garner
- Marie-Anne Pierrette Aymerich
- Robert Philip Durrance Smissen
- Ross Cattell
- Ruth Clare Hinkson Lipper
- Sara Louise Boyes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £4.6m | £4.1m |
| 31/08/2024 | £5.2m | £4.8m |
| 31/08/2023 | £3.3m | £3.1m |
| 31/08/2022 | £2.7m | £2.6m |
| 31/08/2021 | £1.0m | £1.1m |
Common questions
Is ACADEMY OF ST MARTIN IN THE FIELDS financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a surplus of £423,308 and unrestricted reserves of £1,915,058. The trustees note that reserves are held to mitigate anticipated deficits over the next three years due to a reduction in Orchestra Tax Relief. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Streets Audit LLP.
What does the highest-paid employee of ACADEMY OF ST MARTIN IN THE FIELDS earn?
Per its FY2025 accounts, the highest-paid employee was in the £100,001 - £110,000 band.
Who funds ACADEMY OF ST MARTIN IN THE FIELDS?
Funders whose own accounts filings name ACADEMY OF ST MARTIN IN THE FIELDS as a grant recipient include THE PATRICK & HELENA FROST FOUNDATION, EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE).
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PATRICK & HELENA FROST FOUNDATION | FY2023 | £10k | |
| THE PATRICK & HELENA FROST FOUNDATION | FY2024 | £10k | |
| THE PATRICK & HELENA FROST FOUNDATION | FY2025 | £10k | |
| THE PATRICK & HELENA FROST FOUNDATION | FY2022 | £5k | |
| EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE) | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 03/08/2011 | £30k | "Garden Music" |
| The National Lottery Heritage Fund | 06/05/2009 | £12k | "Buzz" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REED FOUNDATION | 3 | £94k |
| DR RADCLIFFE'S TRUST | 3 | £15k |
| THE MARCHUS TRUST | 3 | £15k |
| DORIS FIELD CHARITABLE TRUST | 3 | £4k |
| THE SAINTBURY TRUST | 2 | £86k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 2 | £62k |
| THE MARTIN SMITH FOUNDATION | 2 | £39k |
| VAUGHAN WILLIAMS FOUNDATION | 2 | £5k |
Charities like this
- ORCHESTRA OF ST JOHN'S LIMITED
- OXFORD PHILHARMONIC ORCHESTRA TRUST
- THE ENGLISH CONCERT
- THE ORCHESTRA OF THE SWAN
- ROYAL PHILHARMONIC ORCHESTRA LIMITED
- BOURNEMOUTH SYMPHONY ORCHESTRA
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ACADEMY OF ST MARTIN IN THE FIELDS | £4.6m | £100,001 - £110,000 | — | unclear | — | no doubt |
| ORCHESTRA OF ST JOHN'S LIMITED | £337k | — | 0 | unclear | — | no doubt |
| OXFORD PHILHARMONIC ORCHESTRA TRUST | £3.1m | £80,001 - £90,000 | 1 | within | — | no doubt |
| THE ENGLISH CONCERT | £1.4m | — | — | unclear | — | no doubt |
| THE ORCHESTRA OF THE SWAN | £672k | — | 0 | below | — | no doubt |
| ROYAL PHILHARMONIC ORCHESTRA LIMITED | £11.8m | — | — | unclear | 5.0% | no doubt |