THE DOLPHIN SQUARE CHARITABLE FOUNDATION
The Foundation assists people, who live or work in Westminster and who are unable to access the housing market without assistance, by investing in social rented housing and affordable home ownership schemes. It does not make grants to individuals. It will however make grants to organisations, whose work assists its intended beneficiaries.
Objects
(1) THE OBJECTS OF THE FOUNDATION ARE THE PROVISION OF REASONABLE ASSISTANCE IN THE SECURING OF ACCOMMODATION WITHIN THE LOCALITY FOR THOSE PERSONS (AND THEIR DEPENDENTS LIVING WITH THEM) WHO HAVE NEED OF SUCH ACCOMMODATION: (A) (I) BY VIRTUE OF THEIR EMPLOYMENT IN THE PUBLIC OR VOLUNTARY SECTORS OR IN A RELEVANT EMPLOYMENT IN THE LOCALITY IN SUCH MANNER OR CAPACITY AS TO ADVANCE EDUCATION, RELIEVE SICKNESS, PROMOTE PUBLIC HEALTH, RELIEVE CHARITABLE NEED, PROTECT HUMAN LIFE AND PROPERTY, PROMOTE THE SOUND ADMINISTRATION OF THE LAW, OR ADVANCE OTHER CHARITABLE PURPOSES FOR THE GENERAL BENEFIT OF THE COMMUNITY, INCLUDING IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) THE MAINTENANCE FOR THE BENEFIT OF THE COMMUNITY OF ITS INFRASTRUCTURE, INCLUDING SUPPLIES OF GAS, WATER, ELECTRICITY AND FOOD, OF TRANSPORT AND OTHER MEANS OF COMMUNICATION OR TELECOMMUNICATION INFORMATION AND INFORMATION TECHNOLOGY SERVICES, AND OF EMERGENCY SERVICES; AND (II) HAVING REGARD TO THE FACT THAT THEY COULD NOT AFFORD FROM RESOURCES AVAILABLE TO THEM TO SECURE SUCH ACCOMMODATION ON NORMAL COMMERCIAL TERMS; OR (B) BY REASON OF FINANCIAL HARDSHIP OR SOCIAL OR ECONOMIC NEED, THEIR AGE, ILL-HEALTH OR DISABILITY, OR OTHER NEED, DEPRIVATION OR DISADVANTAGE.
Financial health, per its FY2026 accounts
The accounts state that the Group reported a net deficit of £2.1m for the year ended 31 March 2026, primarily due to the decant of residents and property disposals, though underlying performance is described as strong. Per the trustees' report, the Charity maintains a strong balance sheet with net assets of £163.4m and free reserves of £15.4m, which exceeds the stated policy target of 12 months of operating costs.
What the accounts disclose
“The reserves policy of the Charity is to hold sufficient liquid assets and undrawn loan facilities to meet all commitments and at least 12 months of operating costs.” — page 19
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Leadership, per the charity’s website
- Olivia Harris — Chief Executive
- Jacqueline England — Customer Services Director
- Matthew Lamb — Development Director
- Gary Preston — Finance Director
- Octavia Williams — Asset Management & Governance Director
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- THE DOLPHIN SQUARE CHARITABLE TRUSTEE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £14.0m | £16.1m |
| 31/03/2025 | £15.8m | £15.5m |
| 31/03/2024 | £15.7m | £14.8m |
| 31/03/2023 | £13.1m | £13.0m |
| 31/03/2022 | £12.5m | £10.7m |
Common questions
Is THE DOLPHIN SQUARE CHARITABLE FOUNDATION financially healthy?
Per its FY2026 accounts: The accounts state that the Group reported a net deficit of £2.1m for the year ended 31 March 2026, primarily due to the decant of residents and property disposals, though underlying performance is described as strong. Per the trustees' report, the Charity maintains a strong balance sheet with net assets of £163.4m and free reserves of £15.4m, which exceeds the stated policy target of 12 months of operating costs. Its FY2026 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMATEURS TRUST | 1 | £96k |
| NFL FOUNDATION UK | 1 | £12k |
| SOMERSET COMMUNITY FOUNDATION | 1 | £11k |
| TALBOT VILLAGE TRUST | 1 | £5k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £5k |
| CORAM LIFE EDUCATION | 1 | £2k |
Charities like this
- THE WESTMINSTER FOUNDATION
- THE DWF FOUNDATION
- WHEELHOUSE SQUARE FLATS
- WEST BROMWICH BUILDING SOCIETY FOUNDATION
- DORSET COMMUNITY FOUNDATION
- Salford City FC Foundation
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DOLPHIN SQUARE CHARITABLE FOUNDATION | £14.0m | — | — | above | — | no doubt |
| THE WESTMINSTER FOUNDATION | £5.0m | — | — | unclear | — | no doubt |
| THE DWF FOUNDATION | £454k | — | 0 | unclear | — | no doubt |
| WHEELHOUSE SQUARE FLATS | £213k | — | 0 | unclear | — | no doubt |
| WEST BROMWICH BUILDING SOCIETY FOUNDATION | £354k | — | 0 | unclear | — | no doubt |
| DORSET COMMUNITY FOUNDATION | £2.6m | — | — | unclear | — | no doubt |