London Philharmonic Orchestra Benevolent Fund Charity Registration No. 1179449 Trustees, Annual Report and Unaudited Financial Statements For the Year ended 31 August 2025
London Philharmonic Orchestra Benevolent Fund REFERENCE AND ADMIN15fRATIVE DAll$ StatU5'. Charity Registration No. 1179449 The Charity's governing document is itsTrusi deed and supplemental Trust Deeds. Registered office: 18 Stanhope Avenue Brornlev Kent 8R2 7JR Trusttes who sèrved durfn¥ part orwholt of tht ytarto datt: George Peniston Siewart Mcllwham joseph Joachim Maher Sue 8ohling BankeN: HS8C Viryin Money Indepèndent Examlner Shruti soni FCCA FCIE Shruti Soni Lid Chanered Cerrified kcountants 117A St. John's Hill SevenaaksTN13 3PE
London Philharmonic Orchestra Benevolent Fund Tru5tee5' Report for the year ended 31 Au8USt 2025 The Trustees have pleasure in presenting their Annual Report and Financial Statements for the year ended 31 August 2025. Strutturè, Governancè and Management Charity ton5titLJted by a Trust Deed dated 21 July 2018. New trustees are appointed by exsistinÈ trustees. Objertives and Artivities The objects of the charity are to hold and apply the income and capital of the charity in making at the discretion of the trustees grants to or for the relief and assistance of such of the beneficiaries who shall at any time be in necessitous circumstances and in need of charitable relief and in such amounts at such times on such conditions Ilf any) as the tru5tee5 shall in their absolute discretion think fit and any such 8rant may at the tru5tees' ab501ute discretion be made by payment of such beneficiary and in the latter case the trustees shall be under no obligation to see to the application of any money so paid. 'Beneficiaries' means any present or past members of the London Philharmonic Orchestra together with any persons living in a family relationship with them including but not limited to their spouses, civil partners. widows. widowers. children or other dependents who are in need or distress as the trustees may In thelr absolute discreiion from time to time determine and beneficiary means any individual member of this group of person The Charity supports past and present members of the London Philharmonic Orchestra who are suffering hardship through illness. injury or other reason approved by the Trustees. It also supports members who are unable to work while ¢arin8 for a dependant as well as supportin8 maternity and paternity leave. A¢hlevements and Performance The charity has supported members who are unable to work in accordance with our objects. We have managed all payments within our Reserves and are confident of continuing support in the foreseeable future. Statement on Publ1¢ Beneflt In shaping our objectives for the year and planning our activities. the trustees confirm that they have referred to the guidance contained in the Charity Commission's 8eneral 8uidance on public benefit and have complied with section 4 of the Charitie5 Act 2011 Flnanclal Revlew During the year the Trust received income totalling £50.44512024'. £50.3831. Expenditure totalled £16,58512024: £20,402). During the year the charity purchased investments of nil12024'. nill. Net receipts for the year were £33,86012024.. £29.981 Receipts). Total charity funds at the year end stood at £210.67512024.. 176,8151. The market value of CCLA investments at the end of the year is £103.60512024.' £104,8741
London PhllharnM>nlt OrchestTa BÈnevtAent Fund Trustees, RepNt forthe year ended 31 AuBu5t 2025 Rese5 pollcy The Charity di)es not ha any iignificant overheads and wnnin8 Costs. The expenditure mainly ¢tsnsists of SUPFWrt payments to its members. The Chath does not moke any Commitmeftts for supwrt unless it has sufficient fund5. R¢Thfes are in¥¢sted in an int¢l¢Si Poying Iln)iied a(ce55 ale are sufficient io covef the charity'5 total expendtture forleastthe next 12 months. P14bnS for fulure Thè trustèes will continue thÈ monrlLYin8 of rtsewves in order to ensurt apOprIate fÈtums. The trustees are responsible for preparirythe Tnistees. Annual fiepon Jnd the financial ststements In accordance wfth applkable law Charlty's transartlons and dtsciose wlth reanable accuracy at any lime the tlnanclal posrtbon ot the Char¥ ano Thls report was apprtrd by the Trustees on... and $18ned on thelr behaLI bv.. Slsned Name (Trust¢el rc.viSTorJ
Independent Examinerfs Report to the Trustees of London Philharmonic Orchestra Benevolent Fund I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2025 which are set out on pages 6 to 7. Responsibilities and basis of report As the charitls trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the Act'l. I report in respect of my examination of the Charl5 aetounts carried out under sedion 145 of the Act and in carrying out my exarnination I have followed 811 the applicable Direction5 given by the Charity Commission under section 14515llbl of the Act. Independent examlner's statement I have completed my examlnation. I confirm that no mattels have come to my attentlon in connectlon wlth the examination giving me cause to bèlieve that in any material rèspÈtt= accounting records were not kept in respect of the charity as required by section 130 of the Act,. or the accounts do not accord with those records.. or I have rno ¢on¢erns and have come a¢ross no othÈr matters in ¢onne¢tion with thÈ èxamination to which attention Should be drawn in this report in order to enable a proper under5tandin8 of the accounts to be reached. Shrutl Sonl FCCA FCIE Shruti Soni Ltd • Chartered Certified Accountsnts 117a St. john's Hill, Sevenoaks TN13 3PE Date.. 18 November 2025
London Philharmonic Orchestra Benevolent Fund Charity number- 1179449 ReIpts and payments accounts ForthÈ year ended 31 Au8USt 2025 3110812025 Restricted fvnd$ 31108120Z4 Restricted Unrestritted funds Unre5tflCted fvnds Totsl fvnds Totalfund5 Recelws London Phllharmonic Oithestra subscriptions Direct subscriptions Oonations Interest Other 45.039 360 io 5,036 45.039 360 io 5,036 44,611 352 44,611 352 5,370 50 5,370 50 Total Re¢lpts 50.445 50,445 50,383 50,383 Payment5 11.014 3,831 1,740 11,014 3,831 1,740 13,575 3.707 3,120 23,575 3,707 3,120 Admln Compassionate Leave sub tot#1 16.585 16,585 20,402 20,402 A55et5 and Investment purchas Invesiments purchased Sub Totol Total payments 16.585 16,585 20,402 20,402 Net of recelpt5llpayment51 33.860 33,860 29.981 29,981 Transfer between fvnds Cash funds last year end 176.815 176,815 146,834 146,834 Cash funds thls year end 210,67S 210,675 176.815 176,815
London Philharmonic Orchestra Benevolent Fund Statement of lets and Il•bllltles at the olthe period 31 Al$t 2025 Detalls Cash at bank and on hand 210,675 Unrestrirted Other mor)etary assets Investment at cost Investment at market value 9).792 Unrestricted 103,605 Unrestricted Uablll¢le5 Independent examination fee accrual Unrestrirted Related Party Transadlans During the year, George Peniston, tnstee. received E2,87112024: E2.7651 as tee tor admlnlstratlon of the charlty. No other charlty trustees were pald or recelved ony other benefits from employment with the charity in the year12024.. £nill. No charity trustee r•cèiv•d p•ymont f¢r Pf¢f•Mion¥l or other s•Nces supplied to the charity12024: £nill. No trustees were reimbursed any expenses incurred in relatlon to their dutles 4$ trustees12024.. nlll. Durln8 the year, one trustee CeIved beneffts (compen&10n payments) from the Charlty where he or she is a beneficiary and the trustee was eli8ible for such benefits on the same terms as a beneficiary who is not a trustee. There are no donation5 Ire5trirted or othenvisel from related parties whlch are outside the nomial coutse of the tharlty business. Signed by one or two trustees on behalf of all the trustees Si8nature Print Name Date of approval r2di510 14-11-2