THE CHANCERY LANE PROJECT
The Chancery Lane Project (TCLP) is the largest global network of lawyers and business leaders using the power of climate contracting to deliver fast and fair decarbonisation.We work with legal and sustainability professionals to introduce climate contracting principles to their client agreements and ensure they deliver decarbonisation targets using their contracts.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £451,383 for the year ended 31 December 2024, resulting from expenditure exceeding incoming resources. However, the trustees note that this deficit was covered by brought-forward reserves, leaving total unrestricted reserves at £1,233,552 and cash holdings at £1,860,416. The trustees consider the going concern basis appropriate, citing the current level of unrestricted reserves, although they acknowledge financial vulnerability due to dependence on short- or medium-term grants.
What the accounts disclose
“Lisa Jordan is an employee of the Draper Richards Kaplan Foundation, who provide funding to the charity. As part of their support to grantees they request that they have a seat on the board. They agreed a grant with The Chancery Lane Project within The Centre for Innovation in Voluntary Action to the value of $300k USD starting in November 2022. The grant was transferred to the Charity in November 2023. A total of £77,894 was recognised in relation to this grant in the reporting period.” — page 25
In the news
Leadership, per the charity’s website
- Matthew Gingell — Chair
- Ben Metz — Executive Director
- Samantha Leahy-Harland — Chief Operating Officer
- Felix Cohen — Director
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Matthew Owen Gingellchair
- Jonathan Hakim
- Jonathan Samuel Saverimuttu
- Sarah Alice Oliver Scemla
- Stephen Thomas
- YASMIN WALJEE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £1.9m |
| 31/12/2023 | £2.3m | £9k |
Common questions
Is THE CHANCERY LANE PROJECT financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £451,383 for the year ended 31 December 2024, resulting from expenditure exceeding incoming resources. However, the trustees note that this deficit was covered by brought-forward reserves, leaving total unrestricted reserves at £1,233,552 and cash holdings at £1,860,416. The trustees consider the going concern basis appropriate, citing the current level of unrestricted reserves, although they acknowledge financial vulnerability due to dependence on short- or medium-term grants. Its FY2024 accounts were audited by Godfrey Wilson Limited.
Who funds THE CHANCERY LANE PROJECT?
Funders whose own accounts filings name THE CHANCERY LANE PROJECT as a grant recipient include THE CENTRE FOR INNOVATION IN VOLUNTARY ACTION.
Shared trustees with funders
- Jonathan Samuel Saverimuttu — trustee here and at THE CENTRE FOR INNOVATION IN VOLUNTARY ACTION
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CENTRE FOR INNOVATION IN VOLUNTARY ACTION | FY2023 | £765k | Discontinued activity: TCLP project costs before independence |
| THE CENTRE FOR INNOVATION IN VOLUNTARY ACTION | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £150k |
| THE NATIONWIDE FOUNDATION | 1 | £137k |
| THE COMPASS GROUP FOUNDATION | 1 | £30k |
| MONTPELIER FOUNDATION LIMITED | 1 | £30k |
| THE INDIGO TRUST | 1 | £30k |
| JOFFE CHARITABLE TRUST CIO | 1 | £22k |
| POLDEN PUCKHAM CHARITABLE FOUNDATION | 1 | £20k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £20k |
Charities like this
- THE CARBON LITERACY TRUST
- SOCIETY FOR COMPUTERS AND LAW
- The Global Returns Project Limited
- NATIONAL COMMUNITY LAND TRUST NETWORK
- CLC INTERNATIONAL OFFICE
- INTERNATIONAL LAWYERS PROJECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHANCERY LANE PROJECT | £1.5m | — | — | above | — | no doubt |
| THE CARBON LITERACY TRUST | £1.3m | — | 0 | unclear | — | no doubt |
| SOCIETY FOR COMPUTERS AND LAW | £414k | — | — | below | — | no doubt |
| The Global Returns Project Limited | £1.9m | — | 0 | unclear | — | no doubt |
| NATIONAL COMMUNITY LAND TRUST NETWORK | £459k | £60,001 - £70,000 | 1 | above | — | noted |
| CLC INTERNATIONAL OFFICE | £650k | — | 0 | unclear | — | no doubt |