FULHAM PALACE TRUST

Registered charity 1140088 · accounts filings on the Charity Commission register

The charity runs an education service, museum, historic house, garden, cafe and is a wedding and functions venue. It is open free of charge throughout the year.

Causes: Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Latest income
£2.0m
Latest spending
£2.0m
Registered
2011
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a general unrestricted deficit of £187,028 for the year, with total unrestricted income falling to £1.556m. The trustees have identified a significant financial risk, forecasting larger deficits and noting a conservation and maintenance expenditure backlog estimated at £7.2m. To address this, a financial recovery plan is being implemented, supported by a designated fund created from a £125k grant.

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

What the accounts disclose

Reserves policy: £636k (held: £356k)
“we identified that we should build up a level of free unrestricted reserves of £636k by 31 March 2025.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Aggregate donations from trustees
“Aggregate donations from trustees in the year amounted to £2,435 (2024: £3,150). There were no other related party transactions in the reporting period requiring disclosure.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Fulham Palace Enterprises Community Interest Company
“The results of Fulham Palace Trust's subsidiary undertaking, Fulham Palace Enterprises Community Interest Company, are summarised in Note 3 to the financial statements.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Gravita Audit Oxford LLP. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

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.

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
£2.0m
Total spending
£2.0m
Cost of raising funds
£202k
Reserves (reported)
£4.5m
Employees
25

Reported reserves equal ~27.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other trading activities (64% 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: 10.0% of total income — above the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Hammersmith And Fulham

Income and spending

Financial year endIncomeSpending
31/03/2025£2.0m£2.0m
31/03/2024£1.9m£1.9m
31/03/2023£1.7m£1.8m
31/03/2022£2.0m£1.8m
31/03/2021£1.9m£1.6m

Common questions

Is FULHAM PALACE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a general unrestricted deficit of £187,028 for the year, with total unrestricted income falling to £1.556m. The trustees have identified a significant financial risk, forecasting larger deficits and noting a conservation and maintenance expenditure backlog estimated at £7.2m. To address this, a financial recovery plan is being implemented, supported by a designated fund created from a £125k grant. Its FY2025 accounts were audited by Gravita Audit Oxford LLP.

Who funds FULHAM PALACE TRUST?

Funders whose own accounts filings name FULHAM PALACE TRUST as a grant recipient include JOHN LYON'S CHARITY, THE FIDELITY UK FOUNDATION, KUSUMA TRUST UK, THE SANDERSON FOUNDATION, THE DYERS' COMPANY CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
JOHN LYON'S CHARITYFY2025£132kschool partnerships and outdoor learning
THE FIDELITY UK FOUNDATIONFY2024£108kA new CRM, IT and system updates and new conferencing equipment to build earned income through corporate hires and events.
KUSUMA TRUST UKFY2025£107kGoing Green
KUSUMA TRUST UKFY2023£107kGoing Green
KUSUMA TRUST UKFY2024£107kGoing Green
THE SANDERSON FOUNDATIONFY2022£20k
JOHN LYON'S CHARITYFY2025£5kExploring the Palace
THE DYERS' COMPANY CHARITABLE TRUSTFY2023£1kThe Arts
THE DYERS' COMPANY CHARITABLE TRUSTFY2024£1kThe Arts
THE DYERS' COMPANY CHARITABLE TRUSTFY2022£1kThe Arts

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund20/07/2020£194k"COVID19: Fulham Palace Trust"
The National Lottery Heritage Fund12/03/2015£2.0m"Discovering the Bishop of London's Palace at Fulham"
The National Lottery Heritage Fund12/06/2012£70k"Walled Garden Community Archaeology project and re-instatement of Walled Garden"

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 THE PALACE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
FULHAM PALACE TRUST£2.0m——unclear—no doubt
THE PALACE TRUST FY2025£2.2m——above—no doubt
PALACE FOR ALL LIMITED FY2025£160k—0unclear—no doubt
CHISWICK HOUSE AND GARDENS TRUST FY2025£3.2m——unclear—no doubt
PEMBROKE CASTLE TRUST FY2025£1.5m—0above—no doubt
ALEXANDRA PARK AND PALACE FY2025£28.6m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.