OPERA NORTH LIMITED
The principal activities of the charity are to encourage the understanding and appreciation of the lyric art by providing, presenting, organising and conducting opera performances, symphony concerts and educational events primarily in the North of England.
Financial health, per its FY2025 accounts
The accounts state that the group incurred an operational deficit of £210,428 for the year ended 31 March 2025, resulting in a decrease in net assets. Per the trustees' report, free reserves for the group were £2,264,645, which is below the stated policy target of £2,526,133 (representing 12 weeks of operational overheads). The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“the trustees seek to retain free reserves levels sufficient to cover 12 weeks of operational overheads. At 31 March 2025 this represents a desired reserves level of £2,526,133. This compares with a free reserves position at 31 March 2025 of £2,264,645 for the group” — page 12
“During the course of the year, £55,000 (2024 - £45,000) has been contributed by Friends of Opera North to the Charity for production support and costs of £5,031 (2024 - £5,400) were paid on behalf of Friends of Opera North. Income was received on behalf of Opera North Limited via Friends of Opera North of £562 (2024 - £nil). Income was received on behalf of Friends of Opera North via Opera North of £14,685 (2024 - £11,687). At the year-end, Opera North Limited owed £11,220 (2024 - £1,566) to Friends of Opera North which is included in other creditors.”
“During the year the charity paid fees totalling £14,250 (2024 - £10,000) on behalf of the subsidiary and charged £8,229 (2024 - £3,201) interest on outstanding loans. In addition, purchases totalling £6,023 (2024 - £10,361) were made. At the year-end, Opera North Limited was owed £451,230 (2024 - £211,344) by Opera North Trading Limited which is shown in debtors note 17.”
“During the course of the year, £55,000 (2024 - £45,000) has been contributed by Friends of Opera North to the Charity for production support and costs of £5,031 (2024 - £5,400) were paid on behalf of Friends of Opera North. Income was received on behalf of Opera North Limited via Friends of Opera North of £562 (2024 - £nil). Income was received on behalf of Friends of Opera North via Opera North of £14,685 (2024 - £11,687). At the year-end, Opera North Limited owed £11,220 (2024 - £1,566) to Friends of Opera North which is included in other creditors.”
“During the year the charity paid fees totalling £14,250 (2024 - £10,000) on behalf of the subsidiary and charged £8,229 (2024 - £3,201) interest on outstanding loans. In addition, purchases totalling £6,023 (2024 - £10,361) were made. At the year-end, Opera North Limited was owed £451,230 (2024 - £211,344) by Opera North Trading Limited which is shown in debtors note 17.”
“During the course of the year, £55,000 (2024 - £45,000) has been contributed by Friends of Opera North to the Charity for production support and costs of £5,031 (2024 - £5,400) were paid on behalf of Friends of Opera North. Income was received on behalf of Opera North Limited via Friends of Opera North of £562 (2024 - £nil). Income was received on behalf of Friends of Opera North via Opera North of £14,685 (2024 - £11,687). At the year-end, Opera North Limited owed £11,220 (2024 - £1,566) to Friends of Opera North which is included in other creditors.”
“During the year the charity paid fees totalling £14,250 (2024 - £10,000) on behalf of the subsidiary and charged £8,229 (2024 - £3,201) interest on outstanding loans. In addition, purchases totalling £6,023 (2024 - £10,361) were made. At the year-end, Opera North Limited was owed £451,230 (2024 - £211,344) by Opera North Trading Limited which is shown in debtors note 17.”
“During the course of the year, £55,000 (2024 - £45,000) has been contributed by Friends of Opera North to the Charity for production support and costs of £5,031 (2024 - £5,400) were paid on behalf of Friends of Opera North. Income was received on behalf of Opera North Limited via Friends of Opera North of £562 (2024 - £nil). Income was received on behalf of Friends of Opera North via Opera North of £14,685 (2024 - £11,687). At the year-end, Opera North Limited owed £11,220 (2024 - £1,566) to Friends of Opera North which is included in other creditors.”
“During the year the charity paid fees totalling £14,250 (2024 - £10,000) on behalf of the subsidiary and charged £8,229 (2024 - £3,201) interest on outstanding loans. In addition, purchases totalling £6,023 (2024 - £10,361) were made. At the year-end, Opera North Limited was owed £451,230 (2024 - £211,344) by Opera North Trading Limited which is shown in debtors note 17.”
“Opera North Trading Limited is a wholly owned subsidiary of the charity, registered number 09231729.” — page 33
Corporate structure
- Registered company of the charity Companies House 01550778
- Trading subsidiary: OPERA NORTH TRADING LIMITED Companies House 09231729
- Turnover: £165k
- Profit before tax: £-218k
- Amounts owed to group undertakings: £451,230
Company officers (Companies House)
- MCRAE, Merran on trustee list
- CANNING, Laura Frances on trustee list
- KAPREKAR, Aniruddha Dinanath on trustee list
- FREUD, Anthony Peter on trustee list
- GARDINER, Kaley Victoria on trustee list
- WHARTON, Victoria Emma Louise on trustee list
- ABEDIN, Minhazul on trustee list
- HALL, Sarah Elizabeth on trustee list
- ELWELL, Rachel Louisa on trustee list
- WALLIS, Dominic Laurence Carden on trustee list
- GATISS, Howard Charles on trustee list
- MILLARD, Rosemary Harriet not on trustee list
- JOWITT, Henrietta on trustee list
- LEE, Paul Anthony on trustee list
- BROWNE, Edward Anthony
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Merran McRaechair
- Aniruddha Dinanath Kaprekar
- Anthony Peter Freud
- Dominic Wallis
- HENRIETTA JOWITT
- Howard Charles Gatiss
- Kaley Victoria Gardiner
- Laura Frances Canning
- Minhazul Abedin
- ROSIE MILLARD
- Rachel Louisa Elwell
- Sarah Hall
- Victoria Emma Louise Wharton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £18.8m | £19.5m |
| 31/03/2024 | £18.3m | £20.0m |
| 31/03/2023 | £18.3m | £19.8m |
| 31/03/2022 | £17.0m | £16.5m |
| 31/03/2021 | £17.9m | £11.4m |
Common questions
Is OPERA NORTH LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the group incurred an operational deficit of £210,428 for the year ended 31 March 2025, resulting in a decrease in net assets. Per the trustees' report, free reserves for the group were £2,264,645, which is below the stated policy target of £2,526,133 (representing 12 weeks of operational overheads). The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by RSM UK Audit LLP.
Who funds OPERA NORTH LIMITED?
Funders whose own accounts filings name OPERA NORTH LIMITED as a grant recipient include OPERA NORTH FUTURE FUND, The Keith Howard Foundation, THE LIZ AND TERRY BRAMALL FOUNDATION, Laidlaw Opera Trust, THE THOMPSON FAMILY CHARITABLE TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 08/07/2022 | £10k | Opera North Richmond Hill Community Residency |
| Northern Rock Foundation | 10/07/2007 | £275k | Grant awarded to Opera North Limited (North East) |
| Northern Rock Foundation | 08/07/2003 | £90k | Grant awarded to Opera North Limited (Tyne & Wear) |
| Leeds City Council | — | £1.2m |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GOLSONCOTT FOUNDATION | 3 | £5k |
| CHK Foundation | 2 | £105k |
| THE IDLEWILD TRUST | 2 | £17k |
| DR RADCLIFFE'S TRUST | 2 | £5k |
| THE BAND TRUST | 1 | £498k |
| COLWINSTON CHARITABLE TRUST | 1 | £80k |
| THE ATHERTON FAMILY CHARITABLE TRUST | 1 | £44k |
| THE JOHN S COHEN FOUNDATION | 1 | £37k |
Charities like this
- OPERA NORTH FUTURE FUND
- THE MERRY OPERA COMPANY
- LONGBOROUGH FESTIVAL OPERA
- OPERA CIRCUS LIMITED
- OPERA PRELUDE
- THE STOCK EXCHANGE DRAMATIC AND OPERATIC SOCIETY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OPERA NORTH LIMITED | £18.8m | — | — | below | — | no doubt |
| OPERA NORTH FUTURE FUND | £121k | — | 0 | above | — | no doubt |
| THE MERRY OPERA COMPANY | £178k | — | 0 | unclear | — | no doubt |
| LONGBOROUGH FESTIVAL OPERA | £3.0m | £60,001 - £70,000 | — | unclear | — | no doubt |
| OPERA CIRCUS LIMITED | £217k | — | 0 | below | — | noted |
| OPERA PRELUDE | £143k | — | 0 | above | — | no doubt |