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ROBERT KITCHIN (SADDLERS' CO)

Registered charity 211169 · accounts filings on the Charity Commission register

50% and 15% of net incoming resources to City University London and St. Ethelburga's Centre for Reconciliation & Peace respectively with remaining 35% for education & training of persons under 25 in need of financial assistance with preference to those who are/have been resident or have attended educational establishments in the City of London and thereafter in Greater London

Causes: Education/training · Economic/community Development/employment · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Latest income
£100k
Latest spending
£125k
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds total net assets of £4,879,818, comprising a permanent endowment fund of £4,856,728 and unrestricted reserves of £23,090. The trustees report that there is no need for material reserves, noting that any underspend or overspend of income is carried forward to the following year. The charity relies on investment income to fund its grants and has no fundraising activities.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: no material reserves needed (held: £23k)
“There is no need for material reserves.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity holds investments in a pooled discretionary portfolio administered by the Saddlers' Company Charitable Fund. At 31 March 2025, £nil was owed by the Saddlers' Company Charitable Fund.
“The Trustee agreed in 2017 that their investment policy would best be executed by holding the Robert Kitchin investments, along with the investments of the other charities administered by The Worshipful Company of Saddlers, namely the Saddlers’ Company Charitable Fund and the Apprenticing Charity in a pooled discretionary portfolio. Robert Kitchin received its dividend income from the pooled discretionary portfolio via the Saddlers’ Company Charitable Fund. At 31 March 2025, £nil was owed by the Saddlers* Company Charitable Fund (2024: £793).” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£100k£125k
31/03/2024£109k£129k
31/03/2023£104k£117k
31/03/2022£93k£119k
31/03/2021£97k£114k

Common questions

Is ROBERT KITCHIN (SADDLERS' CO) financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds total net assets of £4,879,818, comprising a permanent endowment fund of £4,856,728 and unrestricted reserves of £23,090. The trustees report that there is no need for material reserves, noting that any underspend or overspend of income is carried forward to the following year. The charity relies on investment income to fund its grants and has no fundraising activities. Its FY2025 accounts were independently examined.