COVENT GARDEN DRAGON HALL TRUST

Registered charity 1087268 · accounts filings on the Charity Commission register

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.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Amateur Sport · Economic/community Development/employment · Recreation · website · Get email alerts

Latest income
£839k
Latest spending
£754k
Registered
2001
Accounts read
FY2025

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.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £350k; policy: 6 months of contingency funds)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 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.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 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).
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Goldwins Limited. Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£839k
Total spending
£754k
Reserves (reported)
£350k
Employees
14

Reported reserves equal ~5.6 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (85% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Camden · City Of Westminster · Islington

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
CHARITY OF SIR RICHARD WHITTINGTONFY2024£32kOlder People & Housing
CHARITY OF SIR RICHARD WHITTINGTONFY2023£30kOlder People & Housing
CHARITY OF SIR RICHARD WHITTINGTONFY2022£30kOlder People & Housing Programme
ST GILES-IN-THE-FIELDS AND WILLIAM SHELTON EDUCATIONAL CHARITYFY2023£13kMulti-year Grant
THE WORSHIPFUL COMPANY OF INFORMATION TECHNOLOGISTS CHARITYFY2022£10k
SIR ROBERT GEFFERY'S ALMSHOUSE TRUSTFY2023£10kGrant funding of activities
CHARITY OF SIR RICHARD WHITTINGTONFY2022£5kChurch & Communities Programme
YOUNG CAMDEN FOUNDATIONFY2025£4k
YOUNG CAMDEN FOUNDATIONFY2024£2kGrants to institutions
SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATIONFY2023£1k
THE AUSTIN AND HOPE PILKINGTON TRUSTFY2022£1kQuarterly Grants for Institutions - Round One - The Arts Early Career Projects

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
St Giles & St George05/02/2025£24kGrant to Covent Garden Dragon Hall Trust (CGDHT)
St Giles & St George06/12/2024£54kGrant to Covent Garden Dragon Hall Trust (CGDHT)
London Borough of Camden21/02/2024£350kGrant to Covent Garden Dragon Hall Trust
Camden Council21/02/2024£350kGrant to Covent Garden Dragon Hall Trust
Greater London Authority23/01/2023£66kWorking with Young People
The National Lottery Community Fund11/02/2022£10kIntergenerational
The Mercers' Company24/09/2021£92kGrant to Covent Garden Dragon Hall Trust
The Mercers' Company14/07/2021£5kGrant to Covent Garden Dragon Hall Trust
The Mercers' Company09/12/2020£5kCovid-19 Rapid Response Fund Grant
UK government24/09/2020£10kVSCE CMC Fund
The Mercers' Company31/03/2020£5kCovid-19 Rapid Response Fund Grant
Sport England10/02/2020£10kSporting Soapbox
City Bridge Foundation25/07/2019£66kGrant to Covent Garden Dragon Hall
Camden Giving12/07/2019£1kCovent Garden Dragon Hall Trust 
The Mercers' Company30/04/2019£44kGrant to Covent Garden Dragon Hall Trust
Camden Giving10/05/2018£6kCovent Garden Dragon Hall Trust 
City Bridge Foundation18/03/2016£87kGrant to Covent Garden Dragon Hall
The National Lottery Community Fund20/08/2014£9kDragon Hall Tech Hub Holiday Scheme