COVENT GARDEN DRAGON HALL TRUST
We offer affordable activities to the local community. Activities include Drop In for the under 5s and their parents/carers; junior, intermediate and senior youth clubs; holiday play-schemes; monthly tea-dances; ESOL classes; Over 50s Activities; community events; After School Clubs; art club; dance and drama club We rent out our spaces to generate funding to run the projects.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted general funds of £349,677, which exceeds its stated contingency fund target of £377,118 when combined with restricted funds, though the specific unrestricted amount is below the 6-month optimum target of £377,118. The trustees report a robust financial situation with net income of £85,057 for the year, supported by increased commercial bookings and diverse grant funding.
What the accounts disclose
“We calculate, with current projects, delivery and expenditure, a target of 6 months of contingency funds is optimum, which comes to a value of £377,118.” — page 6
“Dragon Hall is rented from the London Borough of Camden, of which Ms Sue Vincent is an elected Councillor, for a peppercorn rent. The rental is covered by a 25 year lease dated 26th July 2005.” — page 24
“The London Borough of Camden is a major source of grant income for the charity. During the year to 31st March 2025 grants were received totalling £50,000 (2024: £45,000).” — page 24
“Dragon Hall is rented from the London Borough of Camden, of which Ms Sue Vincent is an elected Councillor, for a peppercorn rent. The rental is covered by a 25 year lease dated 26th July 2005.” — page 24
“The London Borough of Camden is a major source of grant income for the charity. During the year to 31st March 2025 grants were received totalling £50,000 (2024: £45,000).” — page 24
Funders the charity credits
- The National Lottery
- St Giles and St George
- Shaftesbury PLC
- Mercers Company
- Masonic Charitable Foundation
- John Lyons Foundation
- GSK
- Camden Giving
- UK Youth
- Jack Petchey Foundation
- Greater London Authority
- Peabody Trust
- Julia and Hans Rousing Trust
- LB Camden
- City of Westminster
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Sue Vincentchair
- Alexander James Lloyd
- CATHERINE MATHESON
- CLAUDE ASGILL
- Francis Lluvert Go
- Garrard Knowles
- Tim Lynn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £839k | £754k |
| 31/03/2024 | £751k | £752k |
| 31/03/2023 | £712k | £659k |
| 31/03/2022 | £611k | £574k |
| 31/03/2021 | £581k | £523k |
Common questions
Is COVENT GARDEN DRAGON HALL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted general funds of £349,677, which exceeds its stated contingency fund target of £377,118 when combined with restricted funds, though the specific unrestricted amount is below the 6-month optimum target of £377,118. The trustees report a robust financial situation with net income of £85,057 for the year, supported by increased commercial bookings and diverse grant funding. Its FY2025 accounts were audited by Goldwins Limited.
Who funds COVENT GARDEN DRAGON HALL TRUST?
Funders whose own accounts filings name COVENT GARDEN DRAGON HALL TRUST as a grant recipient include CHARITY OF SIR RICHARD WHITTINGTON, ST GILES-IN-THE-FIELDS AND WILLIAM SHELTON EDUCATIONAL CHARITY, THE WORSHIPFUL COMPANY OF INFORMATION TECHNOLOGISTS CHARITY, SIR ROBERT GEFFERY'S ALMSHOUSE TRUST, YOUNG CAMDEN FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CHARITY OF SIR RICHARD WHITTINGTON | FY2024 | £32k | Older People & Housing |
| CHARITY OF SIR RICHARD WHITTINGTON | FY2023 | £30k | Older People & Housing |
| CHARITY OF SIR RICHARD WHITTINGTON | FY2022 | £30k | Older People & Housing Programme |
| ST GILES-IN-THE-FIELDS AND WILLIAM SHELTON EDUCATIONAL CHARITY | FY2023 | £13k | Multi-year Grant |
| THE WORSHIPFUL COMPANY OF INFORMATION TECHNOLOGISTS CHARITY | FY2022 | £10k | |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2023 | £10k | Grant funding of activities |
| CHARITY OF SIR RICHARD WHITTINGTON | FY2022 | £5k | Church & Communities Programme |
| YOUNG CAMDEN FOUNDATION | FY2025 | £4k | |
| YOUNG CAMDEN FOUNDATION | FY2024 | £2k | Grants to institutions |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | FY2023 | £1k | |
| THE AUSTIN AND HOPE PILKINGTON TRUST | FY2022 | £1k | Quarterly Grants for Institutions - Round One - The Arts Early Career Projects |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| St Giles & St George | 05/02/2025 | £24k | Grant to Covent Garden Dragon Hall Trust (CGDHT) |
| St Giles & St George | 06/12/2024 | £54k | Grant to Covent Garden Dragon Hall Trust (CGDHT) |
| London Borough of Camden | 21/02/2024 | £350k | Grant to Covent Garden Dragon Hall Trust |
| Camden Council | 21/02/2024 | £350k | Grant to Covent Garden Dragon Hall Trust |
| Greater London Authority | 23/01/2023 | £66k | Working with Young People |
| The National Lottery Community Fund | 11/02/2022 | £10k | Intergenerational |
| The Mercers' Company | 24/09/2021 | £92k | Grant to Covent Garden Dragon Hall Trust |
| The Mercers' Company | 14/07/2021 | £5k | Grant to Covent Garden Dragon Hall Trust |
| The Mercers' Company | 09/12/2020 | £5k | Covid-19 Rapid Response Fund Grant |
| UK government | 24/09/2020 | £10k | VSCE CMC Fund |
| The Mercers' Company | 31/03/2020 | £5k | Covid-19 Rapid Response Fund Grant |
| Sport England | 10/02/2020 | £10k | Sporting Soapbox |
| City Bridge Foundation | 25/07/2019 | £66k | Grant to Covent Garden Dragon Hall |
| Camden Giving | 12/07/2019 | £1k | Covent Garden Dragon Hall Trust |
| The Mercers' Company | 30/04/2019 | £44k | Grant to Covent Garden Dragon Hall Trust |
| Camden Giving | 10/05/2018 | £6k | Covent Garden Dragon Hall Trust |
| City Bridge Foundation | 18/03/2016 | £87k | Grant to Covent Garden Dragon Hall |
| The National Lottery Community Fund | 20/08/2014 | £9k | Dragon Hall Tech Hub Holiday Scheme |