Royal Academy Trust
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £56.2m, with unrestricted funds standing at £18.6m. The charity holds no stated reserves policy target, noting that trustees wish to balance immediate needs with sustained support. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Batia Ofer
- Bianca Roden
- Denise Gardner
- Esha Arora
- Ivor Braka
- Katy Wickremesinghe
- Lady Ina Sarikhani Weston
- Lisa Reuben
- Martin Ephson OBE
- Natalie Livingstone
- Neil de Crescenzo
- PESH FRAMJEE
- Paulo Pereira
- Peter Rowland Tudor St John
- Rebecca Salter PRA
- Rosemary Leith
- Sally Tennant
- Scott Mead
- Sebastien Mazella di Bosco
- Simon Philip Zbigniew Wallis OBE
- Stefan Bollinger
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £5.4m | £2.9m |
| 31/08/2024 | £1.5m | £2.1m |
| 31/08/2023 | £1.5m | £3.9m |
| 31/08/2022 | £2.1m | £1.2m |
| 31/08/2021 | £951k | £3.3m |
Common questions
Is Royal Academy Trust financially healthy?
The accounts state that total funds increased to £56.2m, with unrestricted funds standing at £18.6m. The charity holds no stated reserves policy target, noting that trustees wish to balance immediate needs with sustained support. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Crowe UK LLP.
Who funds Royal Academy Trust?
Funders whose own accounts filings name Royal Academy Trust as a grant recipient include THE DORFMAN FOUNDATION, REUBEN FOUNDATION, THE ANTHONY AND ELIZABETH MELLOWS CHARITABLE SETTLEMENT.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE DORFMAN FOUNDATION | FY2022 | £180k |
| REUBEN FOUNDATION | FY2024 | £159k |
| THE DORFMAN FOUNDATION | FY2022 | £15k |
| THE DORFMAN FOUNDATION | FY2023 | £13k |
| THE ANTHONY AND ELIZABETH MELLOWS CHARITABLE SETTLEMENT | FY2023 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NGT FOUNDATION | 1 | £6.7m |
| THE MASTER CHARITABLE TRUST | 1 | £5.3m |
| THE MAURICE WOHL CHARITABLE FOUNDATION | 1 | £1.4m |
| THE ROTHSCHILD FOUNDATION | 1 | £980k |
| THE NUFFIELD FOUNDATION | 1 | £518k |
| THE SINO-BRITISH FELLOWSHIP TRUST | 1 | £108k |
| S P LOHIA FOUNDATION | 1 | £90k |
| THE VASEPPI TRUST | 1 | £75k |