BELVEDERE TRUST
Grant making to organisations.
Objects
TO APPLY THE FUNDS OF THE COMPANY TOWARDS, OR IN FURTHERANCE, OR IN ADVANCEMENT, OR FOR THE BENEFIT OF SUCH ONE OR MORE CHARITIES, CHARITABLE INSTITUTIONS OR CHARITABLE PURPOSES AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION SELECT AND TO UNDERTAKE ANY OTHER CHARITABLE PURPOSE.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £18,443,063, which is above the stated policy target of three to six months' expenditure. The charity reported a net movement in funds of £2,323,680 for the year, driven by a £5,000,000 donation to the Permanent Endowment Fund, although this was offset by significant investment losses. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should normally be maintained at a level equivalent to between three and six month's expenditure.” — page 5
“During the year the charity received a cash donation of £5,000,000 (2024: £5,000,000) from the spouse of a trustee of the charity.” — page 37
“During the year the subsidiary, The Box Office New Inn Broadway Limited, paid service charges amounting to £173,892 (2024: £Nil) and incurred expenses to recharge amounting to £47,147 to The Box Office New Inn Broadway Service Charge Trust, a trust under common control.” — page 37
“During the year the charity received a cash donation of £5,000,000 (2024: £5,000,000) from the spouse of a trustee of the charity.” — page 37
“During the year the subsidiary, The Box Office New Inn Broadway Limited, paid service charges amounting to £173,892 (2024: £Nil) and incurred expenses to recharge amounting to £47,147 to The Box Office New Inn Broadway Service Charge Trust, a trust under common control.” — page 37
“The charity had one wholly owned subsidiary in the year, The Box Office New Inn Broadway Limited, a Company registered in England and Wales.” — page 5
Policies the charity declares
- 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
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Has a trading subsidiary
Corporate structure
- Registered company of the charity Companies House 03868725
- Trading subsidiary: THE BOX OFFICE NEW INN BROADWAY LIMITED Companies House 11001779 · Financial health read from its filings
- Equity: £15.3m
- Average employees: 8
- During the year the company paid service charges amounting to £173,892 (2024: ENil) and incurred expenses to recharge amounting to £47,147 to The Box Office New Inn Broadway Service Charge Trust, a trust under common control. The balance outstanding at the year end to the company was £30,348 (2024: ENil).
Company officers (Companies House)
- LANGRIDGE, Sara Victoria on trustee list
- GABRIELE, Alexander Robert on trustee list
- RODITI, James Benjamin Klaber on trustee list
- VISCOUNT MACKINTOSH OF HALIFAX, John Clive not on trustee list
- HENE, Lawrence on trustee list
- CRACKNELL, John David on trustee list
- CRACKNELL, John
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Viscount John Clive Mackintosh of Halifaxchair
- Alexander Gabriele
- James Roditi
- John David Cracknell
- Lawrence Hene
- Pamela Klaber
- Sara Victoria Rose Langridge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £773k | £985k |
| 31/03/2024 | £242k | £781k |
| 31/03/2023 | £785k | £295k |
| 31/03/2022 | £185k | £676k |
| 31/03/2021 | £443k | £544k |
Common questions
Is BELVEDERE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £18,443,063, which is above the stated policy target of three to six months' expenditure. The charity reported a net movement in funds of £2,323,680 for the year, driven by a £5,000,000 donation to the Permanent Endowment Fund, although this was offset by significant investment losses. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Sayers Butterworth LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NORWICH CONSOLIDATED CHARITIES | 1 | £25k |
| EDUCATIONAL FOUNDATION OF ALDERMAN JOHN NORMAN | 1 | £13k |
| Norwich Freemen's Charity | 1 | £10k |
| THE STRANGWARD TRUST | 1 | £10k |
| The Belstead Ganzoni Charitable Settlement | 1 | £6k |
| THE WO STREET CHARITABLE FOUNDATION | 1 | £4k |
| THE FINNIS SCOTT FOUNDATION | 1 | £3k |
| THE MARTIN LAING FOUNDATION | 1 | £3k |
Charities like this
- ASHENDENE TRUST
- THE ROFEH TRUST
- ASSIST TRUST
- THE BRITWELL TRUST
- THE GILBERT EDGAR TRUST
- THE EARLE AND STUART CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BELVEDERE TRUST | £773k | — | 0 | above | — | no doubt |
| ASHENDENE TRUST | £44k | — | 0 | above | — | no doubt |
| THE ROFEH TRUST | £167k | — | 0 | unclear | — | no doubt |
| ASSIST TRUST | £1.4m | — | 0 | unclear | — | no doubt |
| THE BRITWELL TRUST | £37k | — | — | unclear | — | no doubt |
| THE GILBERT EDGAR TRUST | £52k | — | — | unclear | — | no doubt |