CRIPPLEGATE FOUNDATION
Registered charity 207499 · accounts filings on the Charity Commission register
Cripplegate Foundation is a grant-giving trust which aims to improve the quality of life of people who live or work in our area of benefit which is the borough of Islington and parts of the City of London. It is a proactive funder, whose work addresses poverty and inequality. Our grants improve access to opportunities and promote social cohesion.
Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £54,871,724, driven by strong investment performance and fundraising income. The charity holds unrestricted free reserves of £1,581,666, which are significantly above its stated policy target of six months of overhead and staff costs (£524,106). The trustees have set a planned deficit budget for 2026 to reduce these high reserves and increase grant-making.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Fundraising cost ratio: 9.6% of fundraised income, as disclosed
“fundraising costs for Islington Giving of £132,055 (2024: £86,215)” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Governor Micky Khurana is trustee of Hanley Crouch Community Association, which received £3,500 in grants (Islington Food Fund £2,500, Make It Happen £1,000). Khurana was not on the decision panel.
“Micky Khurana is a current Governor to Cripplegate Foundation and is also a trustee of Hanley Crouch Community Association. Hanley Crouch Community Association received three grants during 2025: an Islington Food Fund grant of £2,500, and two Make It Happen Grants, each for £500. Micky Khurana was not part of the decision-making panel for any of these grants awarded.” — page 47
“During the year, the Foundation received donations to Islington Giving totalling £1,500 (2024: £566) from four Governors, without conditions that would require the Foundation to significantly alter the nature of its existing activities.” — page 47
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Governors donated £1,500 to Islington Giving.
“Micky Khurana is a current Governor to Cripplegate Foundation and is also a trustee of Hanley Crouch Community Association. Hanley Crouch Community Association received three grants during 2025: an Islington Food Fund grant of £2,500, and two Make It Happen Grants, each for £500. Micky Khurana was not part of the decision-making panel for any of these grants awarded.” — page 47
“During the year, the Foundation received donations to Islington Giving totalling £1,500 (2024: £566) from four Governors, without conditions that would require the Foundation to significantly alter the nature of its existing activities.” — page 47
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Cripplegate Foundation Limited
“At the same time, it appointed Cripplegate Foundation Limited (a company limited by guarantee with Company Registration no. 6129936), which had been incorporated in February 2007, as the sole corporate trustee of Cripplegate Foundation.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by UHY Hacker Young. Discloses 3 of 6 completeness components.
Corporate structure
CRIPPLEGATE FOUNDATION LIMITED — per its own Companies House accounts
- No intra-group transactions or balances disclosed; company is dormant.
Public fundraising profile: JustGiving — Cripplegate Foundation (Islington Giving) (matched by registered charity number).
Property (HM Land Registry)
2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/12/2025)
Cost of raising funds
£368k
Reported reserves equal ~5.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Investments (49% 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: 10.6% of total income — above the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (21/08/2025) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- CRIPPLEGATE FOUNDATION LTD
Trustee list from the Charity Commission register (current, not historical).
Operates in: City Of London · Islington
Income and spending
Common questions
Is CRIPPLEGATE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £54,871,724, driven by strong investment performance and fundraising income. The charity holds unrestricted free reserves of £1,581,666, which are significantly above its stated policy target of six months of overhead and staff costs (£524,106). The trustees have set a planned deficit budget for 2026 to reduce these high reserves and increase grant-making. Its FY2025 accounts were audited by UHY Hacker Young.
Who funds CRIPPLEGATE FOUNDATION?
Funders whose own accounts filings name CRIPPLEGATE FOUNDATION as a grant recipient include THE SLAUGHTER AND MAY CHARITABLE TRUST, THE JOHN R. MURRAY CHARITABLE TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 CITY GATE FOUNDATION.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.