ST PAUL'S CATHEDRAL FOUNDATION

Charity number: 1082711
Removed charity

Charity overview

Activities - how the charity spends its money

To raise funds for the maintenance and repair of St Paul's Cathedral and to further its work in the following areas: theological and educational work music and music educational work the work of the Cathedral as a diocesan, national and international institution

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£1,529,793

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Donations and legacies £1.50m
Charitable activities £0
Other trading activities £0
Investments £25.07k
Other £0

Total expenditure:
£2,491,072

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Raising funds £15.77k
Charitable activities £2.47m
Other £8.32k

£0 investments gains (losses)

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 £24.09k
Charitable expenditure £2.47m

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
  • Religious Activities
  • Arts/culture/heritage/science
  • Environment/conservation/heritage
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
Where the charity operates:
  • City Of London

Governance

Registration history:
  • 29 September 2000: Standard registration
  • 01 October 2018: Funds received from 256640 NEW RENASCENCE
  • 10 July 2025: Funds transferred to 1206171 ST PAUL'S CATHEDRAL
  • 10 July 2025: Removed (Transfer of funds)
Organisation type:
Charitable company
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Risk management
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease land or property

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £595.51k £1.55m £3.00m £842.61k £1.53m
Total expenditure £1.38m £80.10k £1.35m £4.35m £2.49m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £586.57k £1.55m £3.00m £835.13k £1.50m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £8.94k £3.85k £867 £7.48k £25.07k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £11.11k £460.00k £172.72k £11.62k £19.75k
Expenditure - Charitable activities £1.36m £50.50k £1.34m £4.34m £2.47m
Expenditure - Raising funds £18.79k £29.60k £14.96k £14.65k £15.77k
Expenditure - Governance £0 £8.10k £7.47k £8.58k £9.44k
Expenditure - Grants institution £1.36m £0 £1.33m £4.33m £2.46m
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £8.32k

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 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £0 £0 £0 £0 £0
Long-term investments £0 £0 £0 £0 £0
Other assets £2.76m £4.30m £4.55m £1.02m £1.08m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.39m £1.46m £62.32k £38.24k £1.06m

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 December 2024 Overdue Charity reporting is overdue by 50 days
Accounts and TAR 31 December 2024 Overdue Charity reporting is overdue by 50 days
Annual return 31 December 2023 07 October 2024 On time
Accounts and TAR 31 December 2023 07 October 2024 On time
Annual return 31 December 2022 09 October 2023 On time
Accounts and TAR 31 December 2022 09 October 2023 On time
Annual return 31 December 2021 15 August 2022 On time
Accounts and TAR 31 December 2021 15 August 2022 On time
Annual return 31 December 2020 16 August 2021 On time
Accounts and TAR 31 December 2020 16 August 2021 On time
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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 25TH JULY 2000 AS AMENDED BY SPECIAL RESOLUTIONS OF 7TH SEPTEMBER 2000 AND 19 MAY 2005

Charitable objects

THE CHARITY'S OBJECTS (THE OBJECTS) ARE: (A) THE MAINTENANCE RESTORATION REPAIR AND CONSERVATION OF AND THE UNDERTAKING OF WORKS TO THE FABRIC OF THE CATHEDRAL CHURCH OF ST PAUL IN LONDON ("THE CATHEDRAL") (B) TO FURTHER THE THEOLOGICAL AND ADULT EDUCATIONAL WORK OF THE CATHEDRAL (C) TO PROMOTE THE DEVELOPMENT OF THE MUSICAL EDUCATIONAL WORK OF THE CATHEDRAL AND THE MAINTENANCE OF THE ORGAN AND OTHER INSTRUMENTS IN THE CATHEDRAL AND THE MUSICAL TRAINING OF THE CHOIRS AND MUSICIANS OF THE CATHEDRAL AND OF THE CHORISTERS AT THE ST PAUL'S CATHEDRAL SCHOOL (D) TO PROMOTE THE WORK AND MISSION OF THE CATHEDRAL AS A DIOCESAN NATIONAL AND INTERNATIONAL INSTITUTION

Area of benefit

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

ST PAUL'S CATHEDRAL AND ST PAUL'S CATHEDRAL SCHOOL