HYDE PARK PLACE ESTATE CHARITY
Financial health, per its FY2025 accounts
The accounts state that the charity holds £20,030,557 in total funds, comprising restricted and endowment funds, with no free reserves as all funds are restricted by their terms. The trustees confirm that the use of the going concern basis of accounting is appropriate and that there are no material uncertainties regarding the charity's ability to continue in business.
What the accounts disclose
“The charity has no 'free' reserves as all the funds are restricted and have to be distributed in accordance with the laid down criteria. A reserves policy as such is therefore inappropriate.” — page 4
“As the incumbent of St George's Church, Hanover Square, Revd R N S Leece is entitled to receive moieties of £39,576 (2024: £50,362) and grants of £8,500 (2024: £8,500) as stipulated under the terms of the Schemes.” — page 20
“The Parochial Church Council of the Ecclesiastical Parish of St George Hanover Square The charity had the following transactions with the PCC, a charity under common control: - paid general moieties in the period of £60,250 (2024: £62,900); - made payments and grants in the period totalling £16,379 (2024: £27,136) for the maintenance of St George's Church and Grosvenor Chapel; - acted as an agent in arranging a loan, as more fully described in note 15.” — page 25
“The St George's Hanover Square Foundation The charity had the following transactions with St George's Hanover Square Foundation, a charity under common control: - paid general moieties in the period of £41,682 (2024: £37,740).”
“The Parochial Church Council of the Ecclesiastical Parish of St George Hanover Square The charity had the following transactions with the PCC, a charity under common control: - paid general moieties in the period of £60,250 (2024: £62,900); - made payments and grants in the period totalling £16,379 (2024: £27,136) for the maintenance of St George's Church and Grosvenor Chapel; - acted as an agent in arranging a loan, as more fully described in note 15.” — page 25
“The St George's Hanover Square Foundation The charity had the following transactions with St George's Hanover Square Foundation, a charity under common control: - paid general moieties in the period of £41,682 (2024: £37,740).”
“However, the charity acted as an agent in arranging these for SGHS Enterprises Limited, the trading subsidiary of The PCC, a charity under common control.” — page 22
Structured financials (annual return, FY ending 31/08/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £544k | £586k |
| 31/08/2024 | £570k | £621k |
| 31/08/2023 | £807k | £939k |
| 25/03/2022 | £513k | £563k |
| 25/03/2021 | £476k | £616k |
Common questions
Is HYDE PARK PLACE ESTATE CHARITY financially healthy?
The accounts state that the charity holds £20,030,557 in total funds, comprising restricted and endowment funds, with no free reserves as all funds are restricted by their terms. The trustees confirm that the use of the going concern basis of accounting is appropriate and that there are no material uncertainties regarding the charity's ability to continue in business. Its FY2025 accounts were audited by Rothmans Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BLAKEY FOUNDATION | 1 | £10k |