SINFONIETTA PRODUCTIONS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

MGR Weston Kay LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees consider that, at the date of the signing of the Report and Accounts, the Charity is a going concern, based on their review of existing funds, secured income for future periods and expected cash flows. This takes into account the impact of the reduced level of grant from Arts Council England and the ongoing evolution of our business model.”

Significant events

• “The organisation is in the process of evolving and transforming itself, consolidating and taking strength from its past successes, looking at its current position with pragmatism and realism and yet turning a positive and creative face to the future.”
• “The artistic season showcased concerts which presented classic 20th century repertoire (such as Ligeti 100 in October 2023 and Decades in January 2024) and others which focused on new work often developed collaboratively with partners from different disciplines (such as the premiere of Nwando Ebizie's new piece and Marius Neset's Geyser, both in November 2023).”
• “Autumn 2024 saw tours to the Beijing International Festival in China (for three concerts) and to Norway's Baerum Jazz Festival.”
• “Our talent development work continued with London Sinfonietta Academy Pathways supporting emerging performers and the continuation of the Writing the Future programme for early career music creators.”
• “The Transform Two project (supported by funding from Arts Council England, ACE) gained momentum during the period as the organisation turned its focus to maximising the income streams that currently sustain it and looking in depth at the potential for business model innovation.”
• “In February 2022, the organisation developed a 10-year framework strategy which included four main Aims and since then Business Plans have been written and updated each year based on this strategy.”
• “In November 2022, we received the unexpected news that our Arts Council England grant was to reduce by 41% to £300,000 per annum from April 2023.”
• “The organisation subsequently applied successfully to Arts Council England's Transform Two funding programme which will support the organisation up to March 2026 as we evolve the business model and develop new income streams to become more self-reliant in the longer-term.”
• “The organisation continues to work on increasing representation in all key areas as part of our Inclusivity and Relevance Action Plan.”
• “In April 2024, London Sinfonietta signed up to Black Lives in Music's ongoing campaign, in conjunction with the Musicians Union and the Association of British Orchestras, a 10-point plan to improve inclusivity of recruitment practice within orchestra settings.”
• “In terms of longer-term resilience, the organisation moved to a new office space at Theatro Technis in July 2024 which has a lower rent cost and offers improved opportunities for the management team to work more closely together.”
• “In September 2023 the Trustees considered the longer-term Reserves Policy and determined that due to changes in the external environment and to the organisation's core funding, a new target for reserves should be set at £150,000.”
• “The organisation continued to release new digital content at regular intervals across the year, to inform and engage audiences about the contemporary music performed during the season.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -11.6%

  £266,049 → £235,109

• Cash

  -13.2%

  £222,085 → £192,852

• Net assets

  -14.7%

  £471,754 → £402,224

• Employees

  0%

  12 → 12

• Profit before tax

  -207.7%

  £64,558 → -£69,530

• Wages

  +9.3%

  £391,098 → £427,349

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers