ST PAUL'S CATHEDRAL
St Paul's Cathedral is the Anglican Cathedral Church of the Diocese of London offering daily worship, and a focus for spirituality, prayer, learning and outreach. It is the seat of the Bishop of London and the mother church of the Diocese. The Cathedral is also a historical monument, built by Sir Christopher Wren to the glory of God, which welcomes hundreds of thousands of visitors every year.
Objects
THE OBJECTS OF THE CHAPTER ARE(A) TO ADVANCE THE CHRISTIAN RELIGION IN ACCORDANCE WITH THE FAITH AND PRACTICE OF THE CHURCH OF ENGLAND, IN PARTICULAR BY FURTHERING THE MISSION OF THE CHURCH OF ENGLAND;(B) TO CARE FOR AND CONSERVE THE FABRIC AND STRUCTURE OF THE CATHEDRAL CHURCH BUILDING;(C) TO ADVANCE ANY OTHER CHARITABLE PURPOSES WHICH ARE ANCILLARY TO THE FURTHERANCE OF THE PURPOSE REFERRED TO IN SUB-PARAGRAPH (A) OR (B).THE CHAPTER MUST ACT FOR THE PUBLIC BENEFIT WITHIN THE MEANING OF SECTION 4(3) OF THE CHARITIES ACT 2011.
Financial health, per its FY2025 accounts
The accounts state that the Cathedral generated an operating surplus of £2.4m in 2025, with total group income increasing to £26.6m. Per the trustees' report, free reserves of £17.2m are within the established target range of £15.5m to £18.9m, indicating adequate liquidity for operations. However, the filing notes a conservation deficit, stating that operational surpluses are insufficient to cover large-scale fabric maintenance, requiring reliance on donor support for major projects.
What the accounts disclose
“£120,001 - £130,000 1 1”
“Income of £1,368,544 (2024: £1,590,188) was received by St Paul's Cathedral from St Paul's Cathedral Enterprises Limited, being a distribution of 100% of the profit for the year.” — page 93
“Tuition and music fees of £797,015 (2024: £596,693) were paid by the Cathedral to St Paul's Cathedral Choir School (” — page 94
“Income of £1,368,544 (2024: £1,590,188) was received by St Paul's Cathedral from St Paul's Cathedral Enterprises Limited, being a distribution of 100% of the profit for the year.” — page 93
“Tuition and music fees of £797,015 (2024: £596,693) were paid by the Cathedral to St Paul's Cathedral Choir School (” — page 94
“Income of £1,368,544 (2024: £1,590,188) was received by St Paul's Cathedral from St Paul's Cathedral Enterprises Limited, being a distribution of 100% of the profit for the year.” — page 93
“Tuition and music fees of £797,015 (2024: £596,693) were paid by the Cathedral to St Paul's Cathedral Choir School (” — page 94
“Income of £1,368,544 (2024: £1,590,188) was received by St Paul's Cathedral from St Paul's Cathedral Enterprises Limited, being a distribution of 100% of the profit for the year.” — page 93
“Tuition and music fees of £797,015 (2024: £596,693) were paid by the Cathedral to St Paul's Cathedral Choir School (” — page 94
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 380
- Employees paid over £60,000: 31 (£60,001–£70,000: 13; £70,001–£80,000: 8; £80,001–£90,000: 4; £100,001–£110,000: 3; £110,001–£120,000: 2; £120,001–£130,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 360
- Employees paid over £60,000: 22 (£60,001–£70,000: 10; £70,001–£80,000: 5; £90,001–£100,000: 3; £100,001–£110,000: 1; £110,001–£120,000: 2; £120,001–£130,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
- Has a trading subsidiary
Corporate structure
- Trading subsidiary: ST. PAUL'S CATHEDRAL ENTERPRISES LIMITED Companies House 03313320
- Turnover: £3.4m
- Profit before tax: £1.6m
- Donated/gift-aided to the charity: £1.6m
- Note 9 discloses £596,615 owed to St Paul's Cathedral (parent charity) as a creditor.
“The whole of any taxable profit generated from these activities is paid annually. under a deed of covenant executed on 9 December 1997, to St Paul’s Cathedral.”
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (10/07/2025)
Trustees
- The Very Revd Andrew Tremlettchair
- Alison Jane Gowman
- Clement Hutton-Mills
- Dr Paula Gooder
- Gillian Bowen
- Mervyn Stuart McCullagh
- Morag Ellis KC
- Peter Michael Aiers OBE
- Rev Catherine Okoronkwo
- Rev Philip Charles Banks
- SHEILA ANNE NICOLL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £26.6m | £24.9m |
| 31/12/2024 | £25.8m | £21.7m |
Common questions
Is ST PAUL'S CATHEDRAL financially healthy?
Per its FY2025 accounts: The accounts state that the Cathedral generated an operating surplus of £2.4m in 2025, with total group income increasing to £26.6m. Per the trustees' report, free reserves of £17.2m are within the established target range of £15.5m to £18.9m, indicating adequate liquidity for operations. However, the filing notes a conservation deficit, stating that operational surpluses are insufficient to cover large-scale fabric maintenance, requiring reliance on donor support for major projects. Its FY2025 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of ST PAUL'S CATHEDRAL earn?
Per its FY2025 accounts, the highest-paid employee was in the £120,001 - £130,000 band.
Who funds ST PAUL'S CATHEDRAL?
Funders whose own accounts filings name ST PAUL'S CATHEDRAL as a grant recipient include GARFIELD WESTON FOUNDATION, THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL, The Goldsmiths' Foundation, FRIENDS OF ST PAULS, THE THOMPSON FAMILY CHARITABLE TRUST.
Shared trustees with funders
- Rev Philip Charles Banks — trustee here and at THE ST PAUL'S CATHEDRAL CHORISTER TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| GARFIELD WESTON FOUNDATION | FY2024 | £500k | Education |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2025 | £340k | Annual grant to support St. Paul's Cathedral |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2024 | £339k | general purposes |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2023 | £321k | Annual grant to support St. Paul's Cathedral |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2025 | £299k | Transfer of Bill Miller fund |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2021 | £295k | Annual grant to support St Paul's Cathedral |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2022 | £294k | Annual grant to support St. Paul's Cathedral / general purposes |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2021 | £250k | Covid-19 grant to St Paul’s Cathedral |
| The Goldsmiths' Foundation | FY2024 | £182k | Landmarks Programme |
| THE COSTA FAMILY CHARITABLE TRUST | FY2024 | Unverified read£142k | Annual Operating Support |
| FRIENDS OF ST PAULS | FY2023 | £125k | Unrestricted grant |
| THE THOMPSON FAMILY CHARITABLE TRUST | FY2025 | £110k | |
| GARFIELD WESTON TRUST FOR ST PAUL'S CATHEDRAL | FY2025 | £100k | Grant to St Paul’s Cathedral (Note: The Statement of Financial Activities lists a single line item 'Grant to St Paul’s Cathedral' for £100,000. Note 7 and the T |
| FRIENDS OF ST PAULS | FY2022 | £100k | Whispering Gallery Safety |
| FRIENDS OF ST PAULS | FY2023 | £97k | Grants to St Paul’s Cathedral Schools & Families |
| FRIENDS OF ST PAULS | FY2023 | £97k | Grant to St Paul’s Cathedral for Whispering Gallery Safety |
| THE FOYLE FOUNDATION | FY2021 | £75k | |
| FRIENDS OF ST PAULS | FY2025 | £70k | Unrestricted grant to St Paul’s Cathedral |
| FRIENDS OF ST PAULS | FY2023 | £60k | Grants to St Paul’s Cathedral for Choristers |
| SETCHIM CHARITABLE FUND | FY2025 | £50k | |
| THE ROTHSCHILD FOUNDATION | FY2023 | £50k | |
| GARFIELD WESTON TRUST FOR ST PAUL'S CATHEDRAL | FY2022 | £50k | Grant to St Paul’s Cathedral / towards the Cathedral’s project to re-open the Whispering Gallery to visitors |
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | FY2025 | £48k | |
| THE SHIPWRIGHTS CHARITABLE FUND | FY2025 | £35k | Standard Donation |
| THE ST PAUL'S CATHEDRAL CHORISTER TRUST | FY2023 | £34k | Grants to St Paul’s Cathedral |
| THE SHIPWRIGHTS CHARITABLE FUND | FY2024 | £32k | Standard Donation |
| CATHEDRAL MUSIC TRUST | FY2021 | £25k | |
| CATHEDRAL MUSIC TRUST | FY2022 | £22k | Financial support for cathedral music |
| FRIENDS OF ST PAULS | FY2022 | £20k | Schools & Families |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2024 | £15k | |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2022 | £15k | Education |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2023 | £15k | Grant funding of activities |
| FRIENDS OF ST PAULS | FY2022 | £11k | Choristers |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2025 | £8k | Organ Scholar Grant |
| THE ARMOURERS AND BRASIERS GAUNTLET TRUST | FY2022 | £7k | Christian Mission |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2024 | £6k | organ scholar costs |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2022 | £6k | Organ Scholar Grant to St. Paul's Cathedral |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2023 | £6k | Organ Scholar Grant |
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | FY2021 | £6k | Organ Scholar grant to St Paul’s Cathedral |
| THE SCOPS ARTS TRUST | FY2022 | £5k | Grants pledged for payment in later years |
| STRAND PARISHES TRUST | FY2025 | £5k | Special needs support |
| WILLIAM KENDALL'S CHARITY (WAX CHANDLERS COMPANY) | FY2023 | £2k | Greater London Fund |
| WILLIAM KENDALL'S CHARITY (WAX CHANDLERS COMPANY) | FY2022 | £2k | Greater London Fund |
| WILLIAM KENDALL'S CHARITY (WAX CHANDLERS COMPANY) | FY2024 | £2k | Persons in Need Fund |
| COOPERS CHARITY CIO | FY2026 | £2k | unrestricted |
| COOPERS CHARITY CIO | FY2022 | £2k | Educational |
| THE ARMOURERS AND BRASIERS GAUNTLET TRUST | FY2023 | £2k | Christian Mission |
| COOPERS CHARITY CIO | FY2024 | £2k | |
| THE OUSELEY CHURCH MUSIC TRUST | FY2022 | £2k | Grants for musicians |
| COOPERS CHARITY CIO | FY2023 | £2k | Churches |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 3 | £95k |
| THE MASTER CHARITABLE TRUST | 2 | £1.1m |
| THE JACK PATSTON CHARITABLE TRUST | 2 | £16k |
| THE MCCORQUODALE CHARITABLE TRUST | 2 | £15k |
| ELY CATHEDRAL TRUST | 1 | £1.4m |
| THE VINEHILL TRUST | 1 | £816k |
| THE JULIA RAUSING TRUST | 1 | £649k |
| ST ALBANS CATHEDRAL MUSIC TRUST | 1 | £442k |
Charities like this
- THE CATHEDRAL CHURCH OF ST ANDREW IN WELLS
- THE CATHEDRAL CHURCH OF THE HOLY AND UNDIVIDED TRINITY OF ELY
- CATHEDRAL AND ABBEY CHURCH OF ST ALBAN
- THE CATHEDRAL CHURCH OF THE HOLY TRINITY AND OF SAINT PETER AND SAINT PAUL AND OF SAINT SWITHUN OF WINCHESTER
- THE CATHEDRAL CHURCH OF CHRIST, BLESSED MARY THE VIRGIN AND ST CUTHBERT OF DURHAM
- THE CATHEDRAL CHURCH OF THE BLESSED VIRGIN MARY OF LINCOLN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST PAUL'S CATHEDRAL | £26.6m | £120,001 - £130,000 | — | unclear | — | no doubt |
| THE CATHEDRAL CHURCH OF ST ANDREW IN WELLS | £5.7m | £70,001 - £80,000 | 4 | within | — | no doubt |
| THE CATHEDRAL CHURCH OF THE HOLY AND UNDIVIDED TRINITY OF ELY | £4.3m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| CATHEDRAL AND ABBEY CHURCH OF ST ALBAN | £3.4m | more than £60,000 | 2 | unclear | — | no doubt |
| THE CATHEDRAL CHURCH OF THE HOLY TRINITY AND OF SAINT PETER AND SAINT PAUL AND OF SAINT SWITHUN OF WINCHESTER | £6.4m | — | — | below | — | no doubt |
| THE CATHEDRAL CHURCH OF CHRIST, BLESSED MARY THE VIRGIN AND ST CUTHBERT OF DURHAM | £5.9m | — | — | unclear | — | no doubt |