THE ROYAL LITERARY FUND

Registered charity 219952 · accounts filings on the Charity Commission register · also known as RLF

Helps published authors or performed playwrights of several works who are in financial difficulties through grants and pensions. Also runs various activities for the "advancement of public education".

Objects

(A) THE RELIEF OF POOR AND DISTRESSED AUTHORS OF PUBLISHED WORKS OF APPROVED LITERARY MERIT INCLUDING IMPORTANT CONTRIBUTIONS TO PERIODICAL LITERATURE AND OF THE FAMILIES OF SUCH DECEASED AUTHORS WHO ARE THEMSELVES IN DISTRESS AND IN NEED OF RELIEF. (B) THE ADVANCEMENT OF PUBLIC EDUCATION AND THE IMPROVEMENT OF THE PUBLIC TASTE IN THE FIELD OF LITERARY WORK.

Area of benefit: NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · website · Get email alerts

Registered contact address: City of London, London, England (from the postcode on the register)

Latest income
£4.3m
Latest spending
£9.1m
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £191.6 million, which the trustees consider adequate to continue in operational existence for the foreseeable future. The charity reported a net expenditure of £2.5 million for the year, primarily due to a significant loss on investment assets, although it maintains a large investment portfolio valued at £192.9 million to support long-term charitable objectives.

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

What the accounts disclose

Reserves policy: The trustees do not define a minimum level of reserves. However, it is their intention to maintain the capital value of the Fund’s investments in real terms whilst also generating an investment return that is sufficient to meet the costs of the Fund’s charitable expenditure and operations. (reserves figure: £191.6m)
“The trustees do not define a minimum level of reserves. However, it is their intention to maintain the capital value of the Fund’s investments in real terms whilst also generating an investment return that is sufficient to meet the costs of the Fund’s charitable expenditure and operations.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: RLF Volta Ltd
“On 2 October 2025, a wholly owned trading subsidiary was incorporated called RLF Volta Ltd (company registration number 16757457). The company has not yet traded.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Employees paid over £60,000: 5 (£60,001–£70,000: 2; £90,001–£100,000: 1; £100,001–£110,000: 2)
  • Has a trading subsidiary
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2024

  • Employees paid over £60,000: 3 (£90,001–£100,000: 2; £100,001–£110,000: 1)
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2023

  • Employees paid over £60,000: 3 (£70,001–£80,000: 1; £80,001–£90,000: 1; £90,001–£100,000: 1)
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.3m
Total spending
£9.1m
Cost of raising funds
£1.2m
Reserves (reported)
£191.6m
Employees
12

Per its annual return, cost of raising funds: 28.1% of total income — in the top quarter for charities its size (median 5.3%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£4.3m£9.1m
31/03/2024£4.2m£8.3m
31/03/2023£3.2m£7.8m
31/03/2022£4.7m£6.7m
31/03/2021£3.1m£6.6m

Common questions

Is THE ROYAL LITERARY FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £191.6 million, which the trustees consider adequate to continue in operational existence for the foreseeable future. The charity reported a net expenditure of £2.5 million for the year, primarily due to a significant loss on investment assets, although it maintains a large investment portfolio valued at £192.9 million to support long-term charitable objectives. Its FY2025 accounts were audited by Saffery LLP.

Who funds THE ROYAL LITERARY FUND?

Funders whose own accounts filings name THE ROYAL LITERARY FUND as a grant recipient include THE TANAGRA FOUNDATION, THE D G CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE TANAGRA FOUNDATIONFY2024£33khelps authors or playwrights who are in financial difficulties through grants and pensions
THE D G CHARITABLE TRUSTFY2025£25k
THE TANAGRA FOUNDATIONFY2025£8khelp buy a van for the writer and playwright Hanif Kureishi, who is tetraplegic following an accident. This was in response to an appeal in August 2025.

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 THE ROYAL SOCIETY OF LITERATURE OF THE UNITED KINGDOM.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ROYAL LITERARY FUND£4.3m——unclear—no doubt
THE ROYAL SOCIETY OF LITERATURE OF THE UNITED KINGDOM FY2025£217k£90,001 - £100,0001unclear—no doubt
THE ROYAL THEATRICAL FUND FY2025£679k—0above—no doubt
THE READING FOUNDATION FY2025£517k—0unclear—no doubt
THE ROYAL THEATRICAL SUPPORT TRUST FY2025£82k—0unclear—no doubt
THE AUTHOR'S FOUNDATION FY2025£233k——above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.