THE ROYAL ANNIVERSARY TRUST

Registered charity 1000000 · accounts filings on the Charity Commission register

To operate The Queen Elizabeth Prizes for Higher and Further Education.

Objects

1) THE ADVANCEMENT OF THE EDUCATION OF THE PUBLIC IN THE ARTS AND SCIENCES AND IN THE PROFESSIONS INDUSTRY, COMMERCE, CRAFTS AND TECHNOLOGY OF THE UNITED KINGDOM AND THEIR HISTORICAL DEVELOPMENT AND IN THE SKILLS AND DISCIPLINES INHERENT THEREIN BOTH GENERALLY AND BY THE PROVISION OF SCHOLARSHIPS, FELLOWSHIPS AND OTHER EDUCATIONAL AWARDS, PARTICULARLY BUT NOT EXCLUSIVELY TO ENABLE INDIVIDUALS TO PARTICIPATE IN HIGHER EDUCATION 2) THE ADVANCEMENT OF THE EDUCATION OF THE PUBLIC IN THE HISTORICAL DEVELOPMENT AND CURRENT ROLE OF THE CONSTITUTIONAL MONARCHY OF THE UNITED KINGDOM AND IN PARTICULAR THE RELATIONSHIP BETWEEN THE CONSTITUTIONAL MONARCHY OF THE UNITED KINGDOM AND THE COMMONWEALTH AND THE COUNTRIES OF EUROPE 3) THE PROMOTION OF INDUSTRY AND COMMERCE FOR THE PUBLIC BENEFIT 4) THE PROMOTION AND ADVANCEMENT OF SUCH OTHER PURPOSES AS SHALL BE EXCLUSIVELY CHARITABLE UNDER THE LAW OF ENGLAND

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £377,920, reducing its total funds from £3,366,198 to £2,988,278. Per the trustees' report, all funds are held within an expendable endowment, meaning there are no free reserves, and the trustees consider available funds sufficient to meet working capital needs until March 2028.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• 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
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

Structured financials (annual return, FY ending 05/04/2026)

Reported reserves equal ~35.3 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (80% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 22.8% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

• Dame Lin Homer DCB
• Dame Shelagh Jane Legrave · trustee of 1 other charity
• Dr Mahnaz Akbary-Safa
• HEIDI MOTTRAM CBE · trustee of 1 other charity
• Professor Dame Janet Patricia Beer
• Richard Henry Meddings · trustee of 1 other charity
• Sir Martin Eugene Donnelly KCB CMG

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Common questions