THE ROYAL PARKS [LIMITED]

Registered charity 1172042 · accounts filings on the Charity Commission register

We look after eight of London's largest open spaces; Hyde, The Green, Richmond, Greenwich, St James's, Bushy and The Regent's Parks, and Kensington Gardens. We also manage other important open spaces in the capital including Grosvenor Square Garden, Brompton Cemetery, Victoria Tower Gardens, Canning Green and Poet's Corner.

Causes: Education/training · Environment/conservation/heritage · Recreation · website · Get email alerts

Latest income
£109.9m
Latest spending
£113.4m
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity delivered a budgeted unrestricted deficit for the first time since its creation in 2017, with total revenue falling to £109.9m due to lower-than-expected income from major events. Despite this, the charity maintains £23m in general fund reserves, which aligns with its stated policy target, and holds a total net asset value of £159.5m. The trustees confirm that the charity has sufficient cash resources to continue operating for at least twelve months from the date of the accounts.

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

What the accounts disclose

Highest-paid employee band: £180,001 - £190,000 — above the median for charities its size (£180k)
“£180,000 – £189,999 1”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Westminster City Council (Trustee Adam Hug is Leader).
“Adam Hug is the Leader of Westminster City Council. The Royal Parks paid £243,634 (2023/24: £115,610) to Westminster City Council, primarily relating to rates, licences and service costs.”
“Anthony Okereke is an appointed member of Greenwich Council. The Royal Parks made payments of £70 (2023/24: £1,824) to Greenwich Council relating to licences.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Greenwich Council (Trustee Anthony Okereke is a member).
“Adam Hug is the Leader of Westminster City Council. The Royal Parks paid £243,634 (2023/24: £115,610) to Westminster City Council, primarily relating to rates, licences and service costs.”
“Anthony Okereke is an appointed member of Greenwich Council. The Royal Parks made payments of £70 (2023/24: £1,824) to Greenwich Council relating to licences.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Richmond Council (Trustee Gareth Roberts is Leader).
“Adam Hug is the Leader of Westminster City Council. The Royal Parks paid £243,634 (2023/24: £115,610) to Westminster City Council, primarily relating to rates, licences and service costs.”
“Anthony Okereke is an appointed member of Greenwich Council. The Royal Parks made payments of £70 (2023/24: £1,824) to Greenwich Council relating to licences.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to RHS Enterprises Ltd (Trustee Wesley Kerr is Ordinary Member).
“Adam Hug is the Leader of Westminster City Council. The Royal Parks paid £243,634 (2023/24: £115,610) to Westminster City Council, primarily relating to rates, licences and service costs.”
“Anthony Okereke is an appointed member of Greenwich Council. The Royal Parks made payments of £70 (2023/24: £1,824) to Greenwich Council relating to licences.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: TRP Trading Company Limited
“During the year, The Royal Parks had one wholly owned trading subsidiary: TRP Trading Company Limited.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by National Audit Office. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Corporate structure

TRP TRADING COMPANY LIMITED — per its own Companies House accounts
  • Turnover: £39.9m
  • Profit before tax: £25.6m
  • Donated/gift-aided to the charity: £25.6m
“All profits were donated as a Gift Aid donation to the parent company, which is a registered charity.”

Public fundraising profile: JustGiving — The Royal Parks (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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.

Official officers record.

Trustpilot: The Royal Parks scores 2.8/5 from 3 reviews (source) — reviews usually concern the charity’s shops or services, not its charitable performance.

Public profiles (found on the charity’s own website): facebook (86,083 likes) · instagram (97K followers)

Structured financials (annual return, FY ending 31/03/2025)

Total income
£109.9m
Total spending
£113.4m
Cost of raising funds
£6.4m
Reserves (reported)
£23.0m
Employees
389

Reported reserves equal ~2.4 months of spending — below the median for charities its size (median 2.7 months; benchmarks).

Per its annual return, largest income source: Other (46% 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: 5.8% of total income — above the median for charities its size (2.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Camden · City Of Westminster · Greenwich · Hillingdon · Hounslow · Kensington And Chelsea · Richmond Upon Thames

Income and spending

Financial year endIncomeSpending
31/03/2025£109.9m£113.4m
31/03/2024£123.0m£113.1m
31/03/2023£104.6m£95.8m
31/03/2022£87.7m£76.8m
31/03/2021£48.3m£52.4m

Common questions

Is THE ROYAL PARKS [LIMITED] financially healthy?

Per its FY2025 accounts: The accounts state that the charity delivered a budgeted unrestricted deficit for the first time since its creation in 2017, with total revenue falling to £109.9m due to lower-than-expected income from major events. Despite this, the charity maintains £23m in general fund reserves, which aligns with its stated policy target, and holds a total net asset value of £159.5m. The trustees confirm that the charity has sufficient cash resources to continue operating for at least twelve months from the date of the accounts. Its FY2025 accounts were audited by National Audit Office.

What does the highest-paid employee of THE ROYAL PARKS [LIMITED] earn?

Per its FY2025 accounts, the highest-paid employee was in the £180,001 - £190,000 band.

Who funds THE ROYAL PARKS [LIMITED]?

Funders whose own accounts filings name THE ROYAL PARKS [LIMITED] as a grant recipient include THE MOHN WESTLAKE FOUNDATION, THE LONDON MARATHON CHARITABLE TRUST LIMITED, KUSUMA TRUST UK, CHAPMAN CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE MOHN WESTLAKE FOUNDATIONFY2025£200k
THE LONDON MARATHON CHARITABLE TRUST LIMITEDFY2024£108kPhysical activity programme
KUSUMA TRUST UKFY2024£97kGreen Futures 2
KUSUMA TRUST UKFY2023£97kGreen Futures 2
KUSUMA TRUST UKFY2025£97kGreen Futures 2
KUSUMA TRUST UKFY2023£80kGreen Futures
THE LONDON MARATHON CHARITABLE TRUST LIMITEDFY2023£20kPhysical activity programme
CHAPMAN CHARITABLE TRUSTFY2023£2k

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund14/01/2026£250k"Lost Waterways of The Royal Parks"
Postcode Lottery25/02/2025£900kRegular Grant 2025
The National Lottery Heritage Fund18/01/2024£250k"Greenwich Park Bandstand Restoration"
Postcode Lottery01/12/2023£900kRegular Grant 2024
Postcode Lottery07/02/2023£1.0mRegular Grant 2023
Postcode Lottery10/02/2022£900kRegular Grant 2022
The National Lottery Heritage Fund13/12/2017£3.2m"Greenwich Park Revealed"
The National Lottery Heritage Fund11/01/2017£91k"WW1 History Project"
The National Lottery Heritage Fund17/12/2013£2.8m"Brompton Cemetery Conservation Project"
The National Lottery Heritage Fund14/12/2010£1.0m"RICHMOND PARK"
The National Lottery Heritage Fund25/07/2003£4.9m"London, Bushy Park"
The National Lottery Heritage Fund09/03/1998£404k"Ready Money Drinking Fountain, Regent's Park"

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 LONDON HISTORIC PARKS AND GARDENS TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ROYAL PARKS [LIMITED]£109.9m£180,001 - £190,000—within—no doubt
LONDON HISTORIC PARKS AND GARDENS TRUST FY2024£269k—0unclear—no doubt
HIGHGATE WOOD AND QUEENS PARK KILBURN FY2025£2.9m—0unclear—no doubt
REGENT'S PARK MUSIC FESTIVAL CHARITABLE FUND FY2026£138k—0unclear—noted
WEST HAM PARK FY2025£1.7m—0below—no doubt
MILTON KEYNES PARKS TRUST LIMITED FY2025£17.9m——unclear—no doubt

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