ST MARTIN-IN-THE-FIELDS TRUST

Charity Number: 1110406
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

St Martin in the Fields Trust is raising money for the charitable and cultural work taking place across St Martin. We share ground, physically and philosophically, with the St Martin congregation, the St Martin cafe and live cultural events, The Connection at St Martin in the Fields and all the other organisations adding to the wider kindness.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£2,372,995

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Donations and legacies £2.26m
Charitable activities £0
Other trading activities £0
Investments £88.67k
Other £26.46k

Total expenditure:
£1,828,142

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Raising funds £647.97k
Charitable activities £1.18m
Other £0

£260,900 investments gains (losses)

Total income includes £2,500 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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £647.97k
Charitable expenditure £1.18m
Retained for future use £544.85k

People

6 Employee(s)

7 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 1

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:
  • General Charitable Purposes
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Religious Activities
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • City Of Westminster

Governance

Registration history:
  • 12 July 2005: Standard registration
Organisation type:
Charitable company
Other names:
  • ST-MARTIN-IN-THE-FIELDS (Working name)
  • CLEARROBIN LIMITED (Previous name)
  • ST MARTIN-IN-THE-FIELDS DEVELOPMENT TRUST LIMITED (Previous name)
Company number:
04986630 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
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • 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

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

7 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Malcolm James Butler Chair 01 June 2016
None on record
Ivan Yuen Trustee 07 April 2025
None on record
Melvene Adams Trustee 18 November 2021
THE CONNECTION AT ST MARTIN-IN-THE-FIELDS
Received: On time
Daniel Barker Trustee 27 May 2021
None on record
Dr Timothy John Beale Trustee 27 May 2021
None on record
Ian Robin James Harjette Trustee 03 July 2019
None on record
THE REVEREND DR SAMUEL MARTIN BAILEY WELLS Trustee 12 July 2012
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN-IN-THE-FIELDS, LONDON
Received: On time
The Reverend Dr George Richards Charity for Poor Clergy
Received: On time

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 £557.60k £2.29m £2.13m £1.40m £2.37m
Total expenditure £852.70k £2.22m £2.11m £1.21m £1.83m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A £10.00k £2.50k
Income - Donations and legacies £500.00k £2.25m £2.09m £1.37m £2.26m
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 £57.60k £42.47k £42.82k £23.34k £88.67k
Income - Other £0 £0 £188 £4.09k £26.46k
Income - Legacies £35.22k £171.34k £216.08k £36.49k £30.00k
Expenditure - Charitable activities £517.43k £1.79m £1.74m £713.06k £1.18m
Expenditure - Raising funds £335.27k £435.59k £370.55k £496.10k £647.97k
Expenditure - Governance £0 £0 £0 £0 £0
Expenditure - Grants institution £517.43k £1.79m £1.74m £713.06k £1.18m
Expenditure - Investment management £12.25k £12.48k £13.25k £13.55k £13.03k
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 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £0 £0 £0 £2.75m £0
Long-term investments £2.35m £2.62m £2.92m £0 £3.02m
Other assets £2.52m £2.31m £2.20m £2.24m £2.69m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £538.02k £452.27k £307.36k £288.25k £211.57k

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 2023 19 August 2024 On Time
Accounts and TAR 31 December 2023 19 August 2024 On Time Download Open in new window
Annual return 31 December 2022 22 August 2023 On Time
Accounts and TAR 31 December 2022 22 August 2023 On Time Download Open in new window
Annual return 31 December 2021 19 August 2022 On Time
Accounts and TAR 31 December 2021 19 August 2022 On Time Download Open in new window
Annual return 31 December 2020 21 October 2021 On Time
Accounts and TAR 31 December 2020 21 October 2021 On Time Download Open in new window
Annual return 31 December 2019 09 October 2020 On Time
Accounts and TAR 31 December 2019 09 October 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 INCORPORATED 05/12/2003 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 09/06/2004 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 17/06/2005 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 25/02/2013 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 28/02/2013

Charitable objects

THE OBJECTS FOR WHICH THE CHARITY IS ESTABLISHED ARE: 1.1 THE ADVANCEMENT OF THE CHRISTIAN RELIGION FOR THE PUBLIC BENEFIT BY THE RESTORATION, PRESERVATION, REPAIR, MAINTENANCE, IMPROVEMENT AND BEAUTIFICATION OF THE CHURCH OF ST MARTIN-IN-THE-FIELDS (THE “CHURCH”) AND THE MONUMENTS, FITTINGS, FIXTURE, STAINED GLASS, FURNITURE, ORNAMENTS, BELLS, ORGANS AND ALL PROPERTY IN THE CHURCH AND SUCH OTHER BUILDINGS AS MAY BE USED FOR WORSHIP BY THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARTIN-IN-THE-FIELDS, SO THAT THE CHURCH AND SUCH OTHER BUILDINGS CAN CONTINUE TO BE USED FOR RELIGIOUS WORSHIP; 1.2 TO PROMOTE THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES WORKING IN, OR ON BEHALF OF THE RESIDENTS OF THE PARISH OF ST MARTIN-IN-THE-FIELDS AND ITS SURROUNDING AREAS (“THE AREA OF BENEFIT”) AND TO PROMOTE THE EFFECTIVE USE OF RESOURCES TO ACHIEVE CHARITABLE PURPOSES FOR THE BENEFIT OF THE PUBLIC IN THE AREA OF BENEFIT, THROUGH THE PROVISION, IMPROVEMENT, MAINTENANCE, REFURBISHMENT, OR ENHANCEMENT OF BUILDINGS AND SPACES DESIGNED TO MEET THE NEEDS OF THOSE CHARITIES OR THE DELIVERY OF CHARITABLE SERVICES PARTICULARLY THOSE SERVICES AIMED AT RELIEVING THE NEEDS OF HOMELESS PEOPLE OR THOSE AT RISK OF BEING HOMELESS; 1.3 TO ADVANCE EDUCATION, PRIMARILY BUT NOT EXCLUSIVELY, THROUGH THE PROVISION OF COURSES, LECTURES AND OTHER EDUCATIONAL ACTIVITIES IN THE CHURCH; 1.4 THE PREVENTION OR RELIEF OF POVERTY BY PROVIDING FINANCIAL ASSISTANCE AND OTHER SUPPORT FOR THE BENEFIT OF THOSE WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS BY REASON OF THEIR SOCIAL, DOMESTIC OR ECONOMIC CIRCUMSTANCES; AND 1.5 THE ADVANCEMENT OF RELIGION FOR THE PUBLIC BENEFIT GENERALLY.

Area of benefit

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

THE PARISH OF ST MARTIN-IN-THE-FIELDS.

Contact information

Address:
5 ST MARTIN'S PLACE
LONDON
WC2N 4JH
Phone:
02077661104
Email:
development@smitf.org
Website:

www.smitf.org Open in new window