NEW PHILANTHROPY CAPITAL
Registered charity 1091450 · accounts filings on the Charity Commission register · also known as NPC
NPC provides independent research and advice for charities and funders, to help them achieve greater impact. We offer this advice based on in-depth research of social issues and on our unique method of analysing charities. We encourage debate about what makes a charity effective, and build knowledge and tools to support charities and funders in their efforts to increase their own effectiveness.
Causes: General Charitable Purposes · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a £140,332 unrestricted surplus for the year, with total income of £3.2m and total expenditure of £3.0m. The trustees report that fully unrestricted reserves and committed income cover approximately 6 months of budgeted expenditure, which is at the top end of their stated reserves policy target. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three to six months of planned expenditure (held: £503k)
“The trustees’ aim for total unrestricted reserves and committed income to cover between 3 and 6 months of planned expenditure in the year ahead.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: New Philanthropy Capital Trading Ltd
“The charity has a wholly-owned trading subsidiary, NPC Trading Limited. The company did not trade during the years ended 30 June 2025 or 30 June 2024.” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "within" (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Corporate structure
Public fundraising profile: JustGiving — NPC (New Philanthropy Capital) (matched by registered charity number).
Leadership, per the charity’s website
- Jonathan Simmons — Chief Executive (source)
- Sarah Broad — Chief Operating Officer (source)
- Alex Hayes — Director (source)
- Erwin Hieltjes — Director (source)
- Tris Lumley — Director (source)
- Vaughan Lindsay — Chair (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Company officers (Companies House)
Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.
- AGNEW, Juliet Clare — director, appointed 03/06/2026on trustee list
- HAMZAHEE, Patricia Keiko — director, appointed 11/03/2026not on trustee list
- JARMAN, Alexander Edward Millhouse — director, appointed 02/01/2026on trustee list
- MAY, Julian Rama — director, appointed 10/09/2024on trustee list
- CRASTON, Meera — director, appointed 01/12/2022on trustee list
- WHEELER, Emily Sarah — director, appointed 03/08/2022on trustee list
- TUCKER, Prince Albert — director, appointed 09/06/2021on trustee list
- RAWES, Fiona Jennie — director, appointed 09/06/2021on trustee list
- CORINALDI, Delroy Anthony — director, appointed 11/03/2020on trustee list
- LINDSAY, Vaughan Emerson — director, appointed 18/10/2018on trustee list
- DE GROOT, Lucy Manuela — director, appointed 13/12/2017not on trustee list
- MCGRATH, Harvey Andrew, Sir — director, appointed 16/01/2002on trustee list
- BROAD, Sarah Clare — secretary, appointed 13/12/2017
Official officers record.
Structured financials (annual return, FY ending 30/06/2025)
Cost of raising funds
£94k
Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (84% 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: 2.9% of total income — below the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (27/07/2026) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- VAUGHAN EMERSON LINDSAYchair
- Alexander Edward Millhouse Jarman
- Delroy Corinaldi · trustee of 1 other charity
- Emily Sarah Wheeler
- Fiona Jennie Rawes
- Julian Rama May · trustee of 3 other charities
- Juliet Agnew
- LUCY MANUELA DE GROOT
- Meera Craston
- PRINCE ALBERT TUCKER · trustee of 1 other charity
- Patricia Keiko Hamzahee OBE FRSA
- SIR HARVEY ANDREW MCGRATH
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is NEW PHILANTHROPY CAPITAL financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a £140,332 unrestricted surplus for the year, with total income of £3.2m and total expenditure of £3.0m. The trustees report that fully unrestricted reserves and committed income cover approximately 6 months of budgeted expenditure, which is at the top end of their stated reserves policy target. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by HaysMac LLP.
Who funds NEW PHILANTHROPY CAPITAL?
Funders whose own accounts filings name NEW PHILANTHROPY CAPITAL as a grant recipient include MONDAY CHARITABLE TRUST, THE MOHN WESTLAKE FOUNDATION, THE TUIXEN FOUNDATION, The Ethos Foundation, THE HEALTH FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with CARDIFF AND VALE CITIZENS ADVICE BUREAU.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.