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THE TRUSTS DECLARED BY THE ST PAUL'S (PORTMAN SQUARE) ACT 1964

Registered charity 1154084 · accounts filings on the Charity Commission register · also known as ST PAUL'S TRUST

Latest income
£236k
Latest spending
£417k
Registered
2013
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity maintained a strong financial position with total unrestricted funds of £9,288,205 at year-end, supported by significant property assets and investment returns. The trustees report adequate resources for the foreseeable future, noting that liquid assets and investments totalled approximately £645,000, which exceeds their stated reserves policy target of five times direct costs. The charity generated a net surplus of £399,236 for the year, allowing it to distribute substantial grants to its associated parish.

What the accounts disclose

Reserves policy: 5 times direct costs excluding depreciation (held: £9.3m)
“the trustees regard it necessary and appropriate to maintain a reserves cover level of 5 times (i.e. the level of liquid assets compared to direct costs excluding depreciation).”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grants paid to All Souls Church, Langham Place, a related party where the charity's trustee is the Rector.
“During the year ended 31 December 2023, grants totalling £248,058 (2022 - £nil) were made to All Souls Church.” — page 26
“At 31 December 2023, £372,869 (2022 - £131,398) was owed to All Souls Church. This balance excludes the loan referred to in Note 14.” — page 26
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Outstanding balance owed to All Souls Church, excluding loans.
“During the year ended 31 December 2023, grants totalling £248,058 (2022 - £nil) were made to All Souls Church.” — page 26
“At 31 December 2023, £372,869 (2022 - £131,398) was owed to All Souls Church. This balance excludes the loan referred to in Note 14.” — page 26
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Loans to All Souls Church, Langham Place, secured by legal charge.
“During the year ended 31 December 2023, grants totalling £248,058 (2022 - £nil) were made to All Souls Church.” — page 26
“At 31 December 2023, £372,869 (2022 - £131,398) was owed to All Souls Church. This balance excludes the loan referred to in Note 14.” — page 26
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Griffin Stone Moscrop & Co.

Structured financials (annual return, FY ending 31/12/2023)

Total income
£891k
Total spending
£467k
Cost of raising funds
£6k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Camden · City Of Westminster

Income and spending

Financial year endIncomeSpending
31/12/2025£236k£417k
31/12/2024£218k£509k
31/12/2023£891k£467k
31/12/2022£13k£275k
31/12/2021£10k£192k

Common questions

Is THE TRUSTS DECLARED BY THE ST PAUL'S (PORTMAN SQUARE) ACT 1964 financially healthy?

The accounts state that the charity maintained a strong financial position with total unrestricted funds of £9,288,205 at year-end, supported by significant property assets and investment returns. The trustees report adequate resources for the foreseeable future, noting that liquid assets and investments totalled approximately £645,000, which exceeds their stated reserves policy target of five times direct costs. The charity generated a net surplus of £399,236 for the year, allowing it to distribute substantial grants to its associated parish. Its FY2023 accounts were audited by Griffin Stone Moscrop & Co.

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.

FunderSimilar charities fundedAmount to them
Stolkin Foundation1£208k
MAGNIFY FOUNDATION1£55k
THE COSTA FAMILY CHARITABLE TRUST1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL'S EALING.