ORCHESTRA OF THE AGE OF ENLIGHTENMENT

• ◆

  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

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The ability to secure future domestic and international performance may be impacted by several sources of uncertainty: the extent of economic uncertainty in the UK, with associated inflationary increases and decline in philanthropic generosity; competition in the digital licensing market; and the possibility of a decline in performance standards. The Trustees have prepared projected cash flow information, including sensitivity analyses. These cash flows consider projected cash inflows from both charitable activities, and grants and donations. Due to their nature, there are inherent uncertainties with regards to the value and timing of receipt of grants and donations. On the basis of this cash flow information, which covers a period of at least one year from the approval of the financial statements, and the level of available reserves and cash funds, the Trustees continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. ORCHESTRA OF THE AGE OF ENLIGHTENMENT · parent
   1. OAE Productions Ltd 1% · United Kingdom · production company (now dormant)

Significant events

• “International touring included: Denmark, Germany, France, Belgium, Czech Republic and Austria. Domestic touring featured performances at: Basingstoke, Saffron Hall, Wiltshire Music Centre, York, Plymouth, Durham and Norfolk. The residency at Acland Burghley saw the expansion of its offer across multiple strands including workshops, mainstage collaboration, mentoring, and whole school musicianship. Key components of this work were the Dreamchasing Young Producers programme of mentoring students in creative industry skills, our innovative Musical Connections programme for students, staff and OAE musicians, our flagship community opera at Southbank Centre and regular workshops and encounter sessions to enrich school life. The 2023-24 season saw further improvement in box office performance by comparison with the previous season. Overall, we exceeded box office targets by 10% in attendance and 24% in income. YouTube audience increased by 1.5k in subscription with a steady performance across all other social media channels.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  +20.6%

  £1,362,817 → £1,643,868

• Cash

  +11.8%

  £495,020 → £553,447

• Net assets

  +6.2%

  £1,174,255 → £1,247,420

• Employees

  -5.3%

  19 → 18

• Wages

  +10.9%

  £712,535 → £790,087

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