THE ROYAL PARKS [LIMITED]
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.
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.
What the accounts disclose
“£180,000 – £189,999 1”
“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.”
“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.”
“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.”
“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.”
“During the year, The Royal Parks had one wholly owned trading subsidiary: TRP Trading Company Limited.”
Year-over-year changes
- Top pay band moved from £170,001 - £180,000 (FY2024) to £180,001 - £190,000 (FY2025).
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "within" (FY2025).
Corporate structure
- Registered company of the charity Companies House 10016100
- Trading subsidiary: TRP TRADING COMPANY LIMITED Companies House 10555909
- 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.”
Funders the charity credits
- The National Lottery Heritage Fund
- The National Lottery Community Fund
- Postcode Lottery
- The Mohn Westlake Foundation
- The London Marathon Foundation
- MoMark CIO
- The Royal Parks Foundation, USA
- London Marathon Foundation
Company officers (Companies House)
- SIMONS, Justine Mary on trustee list
- PARKER, Lorna Mary Southcombe on trustee list
- YUEH, Linda Yi-Chuang, Dr not on trustee list
- ELDRIDGE, Michael Roland on trustee list
- WILLMOTT, Ruth Helen on trustee list
- LAUNDERS, Edwyn Nicholas on trustee list
- OKEREKE, Anthony, Councillor on trustee list
- BOKHARI, Harris on trustee list
- ROBERTS, Gareth David, Councillor on trustee list
- MCDONNELL, Aurora Dale, Countess Of Antrim on trustee list
- HURST, Jane Ellen on trustee list
- FRENCH, Vanessa Joy
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (01/02/2022)
- Received assets from another charity (15/05/2018)
Trustees
- Dr LINDA YUEH CBEchair
- Councillor Anthony Okereke
- Countess of Antrim Aurora Dale McDonnell
- Edwyn Nicholas Launders
- Gareth Roberts
- Harris Bokhari
- Jane Ellen Hurst
- Justine Mary Simons
- LORNA PARKER
- Michael Roland Eldridge
- Ruth Helen Willmott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MOHN WESTLAKE FOUNDATION | FY2025 | £200k | |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | FY2024 | £108k | Physical activity programme |
| KUSUMA TRUST UK | FY2024 | £97k | Green Futures 2 |
| KUSUMA TRUST UK | FY2023 | £97k | Green Futures 2 |
| KUSUMA TRUST UK | FY2025 | £97k | Green Futures 2 |
| KUSUMA TRUST UK | FY2023 | £80k | Green Futures |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | FY2023 | £20k | Physical activity programme |
| CHAPMAN CHARITABLE TRUST | FY2023 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 14/01/2026 | £250k | "Lost Waterways of The Royal Parks" |
| Postcode Lottery | 25/02/2025 | £900k | Regular Grant 2025 |
| The National Lottery Heritage Fund | 18/01/2024 | £250k | "Greenwich Park Bandstand Restoration" |
| Postcode Lottery | 01/12/2023 | £900k | Regular Grant 2024 |
| Postcode Lottery | 07/02/2023 | £1.0m | Regular Grant 2023 |
| Postcode Lottery | 10/02/2022 | £900k | Regular Grant 2022 |
| The National Lottery Heritage Fund | 13/12/2017 | £3.2m | "Greenwich Park Revealed" |
| The National Lottery Heritage Fund | 11/01/2017 | £91k | "WW1 History Project" |
| The National Lottery Heritage Fund | 17/12/2013 | £2.8m | "Brompton Cemetery Conservation Project" |
| The National Lottery Heritage Fund | 14/12/2010 | £1.0m | "RICHMOND PARK" |
| The National Lottery Heritage Fund | 25/07/2003 | £4.9m | "London, Bushy Park" |
| The National Lottery Heritage Fund | 09/03/1998 | £404k | "Ready Money Drinking Fountain, Regent's Park" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JULIA RAUSING TRUST | 1 | £6.0m |
| JOHN LYON'S CHARITY | 1 | £250k |
| THE FOYLE FOUNDATION | 1 | £250k |
| THE ARDEOLA CHARITABLE TRUST | 1 | £150k |
| THE ANTHONY AND ELIZABETH MELLOWS CHARITABLE SETTLEMENT | 1 | £100k |
| The Lord Leonard and Lady Estelle Wolfson Foundation | 1 | £90k |
| THE CHARLES WOLFSON CHARITABLE TRUST | 1 | £50k |
| WILLIAM KENDALL'S CHARITY (WAX CHANDLERS COMPANY) | 1 | £43k |
Charities like this
- LONDON HISTORIC PARKS AND GARDENS TRUST
- HIGHGATE WOOD AND QUEENS PARK KILBURN
- REGENT'S PARK MUSIC FESTIVAL CHARITABLE FUND
- WEST HAM PARK
- MILTON KEYNES PARKS TRUST LIMITED
- WEST WICKHAM COMMON AND SPRING PARK WOOD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL PARKS [LIMITED] | £109.9m | £180,001 - £190,000 | — | within | — | no doubt |
| LONDON HISTORIC PARKS AND GARDENS TRUST | £269k | — | 0 | unclear | — | no doubt |
| HIGHGATE WOOD AND QUEENS PARK KILBURN | £2.9m | — | 0 | unclear | — | no doubt |
| REGENT'S PARK MUSIC FESTIVAL CHARITABLE FUND | £138k | — | 0 | unclear | — | noted |
| WEST HAM PARK | £1.7m | — | 0 | below | — | no doubt |
| MILTON KEYNES PARKS TRUST LIMITED | £17.9m | — | — | unclear | — | no doubt |