CHARITY OF RICHARD CLOUDESLEY
The Charity's area of benefit is the London Borough of Islington where, through programmes of pro-active grant-making, the Charity's aim is to help those who are sick and poor and to support twenty seven Church of England churches.
Objects
28. Application of income (1) Subject as aforesaid and to clause 28(2) (below), the Trustees shall apply the income of the investments for the time being representing the investments and cash specified in Part II of the schedule hereto and one half of the residue of the yearly income of the Charity for the preservation and improvement of health and/or the relief of sickness among persons in need because of poor physical or mental health, disability, financial hardship or other disadvantage in the London Borough of Islington. (2) In exceptional circumstances, the Trustees may support persons otherwise eligible who are resident immediately outside of the said area but who, in the opinion of the Trustees, ought nevertheless for sufficient reason to be treated as if resident therein or who are located for the time being within that area. (3) The Trustees shall apply the other half of the residue of the yearly income of the Charity to make grants of such amount as the Trustees think fit towards the upkeep, repair and redevelopment of the fabric and facilities of any of the churches of the Church of England in the London Borough of Islington and the maintenance or development of the public acts of worship and other work of the church in those churches. For the purpose of this clause 28(3), “churches” includes all buildings, structures, gardens, paths and grounds within the curtilage of the principal place of worship and any other premises in the London Borough of Islington which are the responsibility of the incumbent and/or the Parochial Church Council of that church and used for worship or other work of the church (save for vicarages and other residential buildings).”
- BRAND'S GIFT (charity 263284) — merger registered 08/10/2008
- DAME SARAH TEMPLE'S EDUCATIONAL FOUNDATION (charity 276037) — merger registered 08/10/2008
Financial health, per its FY2025 accounts
The accounts state that total income fell by 13% to £1,517,000 due to a shift in investment focus, while charitable expenditure increased by 3.9% to £3,384,000. Consequently, the charity reported a net movement in funds of a loss of £1,047,000, reducing total net assets to £56,991,000. All funds are classified as endowment funds, with unrestricted reserves effectively nil as transfers from total return are used to fund activities.
What the accounts disclose
“In making these transfers, the charity seeks to be even-handed between current and future beneficiaries and to maintain the balance of the unapplied total return at an appropriate level considering the volatility of investment markets.” — page 11
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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Volunteers: 3
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Volunteers: 2
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Volunteers: 5
- Employees paid over £60,000: 1 (£70,001–£80,000: 1)
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 07425897
Company officers (Companies House)
- PENNY-ANNANG, Patrick Odai not on trustee list
- HAYES, Ruth not on trustee list
- ABBAS SUFI, Fatma not on trustee list
- HORNBUCKLE, Martin Tom not on trustee list
- KENSON, Jennifer Alice Kent not on trustee list
- MITCHELL, Elena Ratana not on trustee list
- WHITE, Sharon Tracey not on trustee list
- WILLIAMSON, Flora Suzanne not on trustee list
- JENNER, Adam Nicholas Cunningham not on trustee list
- OLATEJU, Seun Akinshola not on trustee list
- BURGESS, Janet Diane not on trustee list
- RICHARDS, Delyth Ann not on trustee list
- BARTON, Mary-Therese not on trustee list
- GRIFFITHS, Melanie Jane
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Richard Cloudesley Trustee Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £1.5m | £3.4m |
| 30/06/2024 | £1.7m | £3.3m |
| 30/06/2023 | £1.8m | £3.1m |
| 30/06/2022 | £1.6m | £2.3m |
| 30/06/2021 | £1.5m | £2.7m |
Common questions
Is CHARITY OF RICHARD CLOUDESLEY financially healthy?
Per its FY2025 accounts: The accounts state that total income fell by 13% to £1,517,000 due to a shift in investment focus, while charitable expenditure increased by 3.9% to £3,384,000. Consequently, the charity reported a net movement in funds of a loss of £1,047,000, reducing total net assets to £56,991,000. All funds are classified as endowment funds, with unrestricted reserves effectively nil as transfers from total return are used to fund activities. Its FY2025 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW GROUND CHURCHES | 1 | £61k |
Charities like this
- BRISTOL ECCLESIASTICAL CHARITY
- CHRISTCHURCH (METHODIST / CHURCH OF ENGLAND ECUMENICAL PARTNERSHIP) CLEVEDON
- THE HARRY JAMES RIDDLESTON CHARITY OF LEICESTER
- TRINITY CENTRAL LONDON
- RIVERSIDE CHURCH
- ROSLYN FLORENCE HARDING
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHARITY OF RICHARD CLOUDESLEY | £1.5m | — | — | unclear | — | no doubt |
| BRISTOL ECCLESIASTICAL CHARITY | £446k | — | 0 | below | — | no doubt |
| CHRISTCHURCH (METHODIST / CHURCH OF ENGLAND ECUMENICAL PARTNERSHIP) CLEVEDON | £229k | — | 0 | below | — | no doubt |
| THE HARRY JAMES RIDDLESTON CHARITY OF LEICESTER | £28k | — | 0 | unclear | — | no doubt |
| TRINITY CENTRAL LONDON | £267k | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| RIVERSIDE CHURCH | £547k | — | 0 | unclear | — | no doubt |