PALACE FOR LIFE FOUNDATION

Registered charity 1125878 · accounts filings on the Charity Commission register · also known as CRYSTAL PALACE FC COMMUNITY SPORTS TRUST, CRYSTAL PALACE FC FOUNDATION

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Latest income
£3.3m
Latest spending
£3.2m
Registered
2008
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity generated a net income of £137,786 for the year ended 30 June 2023, resulting in total unrestricted and designated reserves of £1,006,811. The trustees consider these reserves to be above their stated policy target of £550,000, which is based on covering three months' payroll costs. The auditors confirmed that the financial statements give a true and fair view and found no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Accounts audited by Xeinadin Auditing. Discloses 3 of 6 completeness components.

Public fundraising profile: JustGiving — Palace for Life Foundation (matched by registered charity number).

Structured financials (annual return, FY ending 30/06/2025)

Total income
£3.3m
Total spending
£3.2m
Cost of raising funds
£228k
Reserves (reported)
£1.3m
Employees
111

Reported reserves equal ~4.7 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
30/06/2025£3.3m£3.2m
30/06/2024£3.0m£2.8m
30/06/2023£2.7m£2.5m
30/06/2022£2.6m£2.4m
30/06/2021£2.2m£2.0m

Common questions

Is PALACE FOR LIFE FOUNDATION financially healthy?

The accounts state that the charity generated a net income of £137,786 for the year ended 30 June 2023, resulting in total unrestricted and designated reserves of £1,006,811. The trustees consider these reserves to be above their stated policy target of £550,000, which is based on covering three months' payroll costs. The auditors confirmed that the financial statements give a true and fair view and found no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Xeinadin Auditing.