ACADEMY OF ST MARTIN IN THE FIELDS

Charity number: 289294
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

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.

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£3,274,868

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Donations and legacies £494.60k
Charitable activities £2.23m
Other trading activities £50.07k
Investments £0
Other £496.70k

Total expenditure:
£3,060,046

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Raising funds £212.93k
Charitable activities £2.85m
Other £0

£0 investments gains (losses)

Total income includes £8,489 from 1 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £212.93k
Charitable expenditure £2.85m
Retained for future use £214.82k

People

10 Employee(s)

14 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£90k to £100k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Other Charitable Activities
Where the charity operates:
  • Throughout London
  • Australia
  • Austria
  • Canada
  • China
  • France
  • Germany
  • Hungary
  • Japan
  • Luxembourg
  • Macau
  • Netherlands
  • Poland
  • South Korea
  • Switzerland
  • United States

Governance

Registration history:
  • 27 April 1984: Standard registration
Organisation type:
Charitable company
Other names:
  • ACADEMY OF ST MARTIN IN THE FIELDS (Working name)
  • ACADEMY CONCERTS SOCIETY (Previous name)
Company number:
01808488 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

14 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
martin ernst fraenkel Chair 14 September 2021
CAMDEN MUSIC TRUST
Received: On time
Arthur Wang Trustee 24 March 2025
None on record
Joanna Mary Hensel Trustee 04 December 2024
None on record
Ross Cattell Trustee 29 October 2024
EI SMART
Received: On time
UNITED WORLD SCHOOLS
Received: On time
Andrew Marriner Trustee 29 October 2024
THE LOAN FUND FOR MUSICAL INSTRUMENTS
Received: On time
Ruth Clare Hinkson Lipper Trustee 14 May 2024
None on record
Jennifer Godson Trustee 27 February 2024
None on record
Isabelle Marie Nicole Deschamps Trustee 23 May 2023
None on record
Robert Philip Durrance Smissen Trustee 23 May 2023
None on record
Dr Andrew John Mackintosh Trustee 15 February 2023
None on record
Thomas David Lessels Trustee 05 October 2021
None on record
Sara Louise Boyes Trustee 05 October 2021
None on record
Marie-Anne Pierrette Aymerich Trustee 05 October 2021
None on record
Gary Alan Powell Trustee 05 October 2021
GARSINGTON OPERA LIMITED
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £2.26m £2.81m £1.02m £2.66m £3.27m
Total expenditure £2.37m £2.81m £1.08m £2.57m £3.06m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £30.87k £53.63k £104.11k £13.50k £8.49k
Income - Donations and legacies £297.80k £521.75k £771.63k £319.40k £494.60k
Income - Other trading activities £50.97k £146.62k £31.91k £26.83k £50.07k
Income - Charitable activities £1.77m £1.94m £100.78k £1.97m £2.23m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £146.55k £197.59k £119.52k £353.34k £496.70k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £2.22m £2.63m £939.97k £2.44m £2.85m
Expenditure - Raising funds £147.92k £176.37k £135.38k £131.11k £212.93k
Expenditure - Governance £36.63k £54.25k £50.43k £0 £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £6.19k £4.74k £2.47k £1.55k £16.94k
Long-term investments £0 £0 £0 £0 £0
Other assets £929.92k £844.61k £851.68k £1.10m £1.42m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £150.49k £61.46k £117.78k £270.68k £392.15k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2023 26 June 2024 On Time
Accounts and TAR 31 August 2023 26 June 2024 On Time Download Open in new window
Annual return 31 August 2022 07 July 2023 7 days late
Accounts and TAR 31 August 2022 07 July 2023 7 days late Download Open in new window
Annual return 31 August 2021 27 June 2022 On Time
Accounts and TAR 31 August 2021 27 June 2022 On Time Download Open in new window
Annual return 31 August 2020 01 June 2021 On Time
Accounts and TAR 31 August 2020 01 June 2021 On Time Download Open in new window
Annual return 31 August 2019 20 May 2020 On Time
Accounts and TAR 31 August 2019 20 May 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 12 APRIL 1984, AMENDED 4 MAY 2000 AND 29 MAY 2002 AS AMENDED BY SPECIAL RESOLUTION DATED 3 SEPTEMBER 2009. as amended on 06 Aug 2020 as amended on 07 Nov 2020

Charitable objects

1. THE PROMOTION, MAINTENANCE, IMPROVEMENT AND ADVANCEMENT OF MUSICAL EDUCATION FOR THE DIFFUSION FOR THE PUBLIC BENEFIT OF INFORMATION ABOUT MUSIC AND THE EDUCATION OF THE PUBLICãS TASTE FOR MUSIC 2. THE PROMOTION OR SUPPORT OF THE STUDY, PRACTICE AND PERFORMANCE OF CHAMBER ORCHESTRAL AND CHORAL MUSIC IN ALL THEIR ASPECTS BY THE GIVING OF PUBLIC CONCERTS 3. WITH A VIEW TO PROVIDING THE PUBLIC WITH BETTER MUSICIANS AND CONDUCTORS, THE PROVISION OF GRANTS TOWARDS THE EDUCATION OF AND THE PROVISION OF SPECIAL PRIZES SCHOLARSHIPS OF AWARDS TO ANY ONE OR MORE PERSON(S) WHO MAY BE MUSICIANS OR STUDENTS OF MUSIC, PROFESSIONAL OR AMATEUR, AND WHOSE WORK OR STUDY SHALL BE DEVOTED WHOLLY OR PARTLY TO PLAYING OF ANY ORCHESTRAL INSTRUMENT OR THE CONDUCTING OF ANY ORCHESTRA OR CHOIR AS THE COUNCIL MAY IN ITS DISCRETION THINK FIT 4. TO RELIEVE POVERTY AND FINANCIAL DISTRESS AMONGST MUSICIANS, CONDUCTORS, SINGERS OR OTHERS WHO HAVE BEEN ENGAGED IN THE PERFORMANCE, MANAGEMENT OR COMPOSITION OF MUSIC IN ALL ITS BRANCHES.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NATIONAL AND OVERSEAS

Contact information

Address:
54 Dean St
Soho
W1D 6AF
Phone:
02077021377
Email:
info@asmf.org
Website:

www.asmf.org Open in new window