ST PAUL'S CATHEDRAL
Charity overview
Activities - how the charity spends its money
St Paul's Cathedral is the Anglican Cathedral Church of the Diocese of London offering daily worship, and a focus for spirituality, prayer, learning and outreach. It is the seat of the Bishop of London and the mother church of the Diocese. The Cathedral is also a historical monument, built by Sir Christopher Wren to the glory of God, which welcomes hundreds of thousands of visitors every year.
Income and expenditure
Data for financial year ending 31 December 2024
Total income:
£25,828,000
| Donations and legacies | £2.66m | |
| Charitable activities | £18.32m | |
| Other trading activities | £3.53m | |
| Investments | £1.33m | |
| Other | £0 |
Total expenditure:
£21,717,000
| Raising funds | £3.08m | |
| Charitable activities | £18.64m | |
| Other | £0 |
£1,603,000 investments gains (losses)
Charitable expenditure
Charitable expenditure with investment gains
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.
| Raising funds and other expenditure | £3.08m | |
| Charitable expenditure | £18.64m | |
| Retained for future use | £4.11m |
| Raising funds and other expenditure | £3.08m | |
| Charitable expenditure | £18.64m | |
| Retained for future use | £5.71m |
People
212 Employee(s)
11 Trustee(s)
360 Volunteer(s)
Employees with total benefits over £60,000
| Number of employees | |
|---|---|
| £60k to £70k | 10 |
| £70k to £80k | 5 |
| £90k to £100k | 3 |
| £100k to £110k | 1 |
| £110k to £120k | 2 |
| £120k to £130k | 1 |
Fundraising
Trading
Trustee payments
What, who, how, where
- Religious Activities
- The General Public/mankind
- Provides Buildings/facilities/open Space
- Provides Services
- Throughout London
Governance
- 13 December 2023: Standard registration
- 10 July 2025: Funds received from 1082711 ST PAUL'S CATHEDRAL FOUNDATION
- THE CORPORATION OF THE CATHEDRAL CHURCH OF ST PAUL IN LONDON (Working name)
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
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
11 Trustee(s)
| Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||
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| The Very Revd Andrew Tremlett | Chair | 20 September 2022 |
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| Rev Philip Charles Banks | Trustee | 05 October 2024 |
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| Rev Catherine Okoronkwo | Trustee | 08 September 2024 |
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| Dr Paula Gooder | Trustee | 07 December 2023 |
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| Peter Michael Aiers OBE | Trustee | 12 October 2023 |
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| MORAG ELLIS MISS | Trustee | 12 October 2023 |
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| MCCULLAGH MERVYN MR | Trustee | 12 October 2023 |
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| Alison Jane Gowman | Trustee | 12 October 2023 |
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| GILLIAN BOWEN | Trustee | 05 June 2022 |
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| Clement Hutton-Mills | Trustee | 15 March 2021 |
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| SHEILA ANNE NICOLL | Trustee | 18 November 2018 |
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Financial history
Financial period end date
| Income / Expenditure | 31/12/2024 | ||
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Total gross income | £25.83m | |
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Total expenditure | £21.72m | |
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Income from government contracts | N/A | |
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Income from government grants | N/A | |
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Income - Donations and legacies | £2.66m | |
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Income - Other trading activities | £3.53m | |
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Income - Charitable activities | £18.32m | |
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Income - Endowments | £0 | |
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Income - Investment | £1.33m | |
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Income - Other | £0 | |
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Income - Legacies | £40.00k | |
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Expenditure - Charitable activities | £18.64m | |
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Expenditure - Raising funds | £3.08m | |
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Expenditure - Governance | £89.00k | |
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Expenditure - Grants institution | £0 | |
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Expenditure - Investment management | £0 | |
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Expenditure - Other | £0 |
Assets and liabilities
Definitions for assets and liabilities
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 InvestmentsInvestments 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.
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 liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese 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.
| Asset / Liability | 31/12/2024 | ||
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Own use assets | £9.92m | |
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Long-term investments | £32.22m | |
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Other assets | £19.20m | |
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Defined benefit pension scheme asset or liability | £0 | |
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Total liabilities | £3.05m |
Accounts and annual returns
| Title | Reporting year | Date received | Received | Download |
|---|---|---|---|---|
| Annual return | 31 December 2024 | 28 October 2025 | On time | |
| Accounts and TAR | 31 December 2024 | 28 October 2025 | On time | Download Open in new window |
Governing document
It is not the full text of the charity's governing document.
CONSTITUTION ADOPTED 7 SEPTEMBER 2023 IN ACCORDANCE WITH THE CATHEDRALS MEASURE 2021 AS AMENDED BY INSTRUMENT OF ADOPTION OF AMENDMENT DATED 3 JULY 2024
Charitable objects
THE OBJECTS OF THE CHAPTER ARE (A) TO ADVANCE THE CHRISTIAN RELIGION IN ACCORDANCE WITH THE FAITH AND PRACTICE OF THE CHURCH OF ENGLAND, IN PARTICULAR BY FURTHERING THE MISSION OF THE CHURCH OF ENGLAND; (B) TO CARE FOR AND CONSERVE THE FABRIC AND STRUCTURE OF THE CATHEDRAL CHURCH BUILDING; (C) TO ADVANCE ANY OTHER CHARITABLE PURPOSES WHICH ARE ANCILLARY TO THE FURTHERANCE OF THE PURPOSE REFERRED TO IN SUB-PARAGRAPH (A) OR (B). THE CHAPTER MUST ACT FOR THE PUBLIC BENEFIT WITHIN THE MEANING OF SECTION 4(3) OF THE CHARITIES ACT 2011.
Contact information
- Address:
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ST. PAUL'S CATHEDRAL
THE CHAPTERHOUSE
ST. PAUL'S CHURCHYARD
LONDON
EC4M 8AD
- Phone:
- 02072468350
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