THE ROYAL FOUNDATION OF ST KATHARINE
The object of the Royal Foundation is the advancement of the Christian religion through worship, hospitality and service, and the promotion of Christian values. The Foundation provides and maintains a Christian conference and retreat centre in East London, provides a place of sanctuary, peace and reflection for worship and serves local communities through outreach, support and engagement.
Objects
THE ADVANCEMENT OF THE CHRISTIAN RELIGION, THROUGH WORSHIP, HOSPITALITY AND SERVICE, AND THE PROMOTION OF CHRISTIAN VALUES, WITH A VIEW TO DEVELOPING AND CO-ORDINATING CHRISTIAN ACTIVITIES OF EVERY DESCRIPTION FOR THE PUBLIC BENEFIT. IN PURSUIT OF THE OBJECT, AND FOR THE BENEFIT OF THOSE OF ALL FAITHS AND NONE, THE ROYAL FOUNDATION WILL: A) PROVIDE AND MAINTAIN A CHRISTIAN CONFERENCE AND RETREAT CENTRE IN EAST LONDON (WITH EXTENSION ELSEHWERE IF WORK SO REQUIRES); B) PROVIIDE A PLACE OF SANCTUARY, PEACE AND REFLECTION, IN WHICH ALL MAY WORSHIP; C) SERVE LOCAL COMMUNITIES THROUGH OUTREACH, SUPPORT AND ENGAGEMENT; AND D) UNDERTAKE SUCH OTHER EXCLUSIVELY CHARITABLE ACTIVITIES AS THE COURT MAY IN ITS DISCRETION DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a trading deficit of £330,516 and a net movement in funds of £1,245,667, driven by investment losses and asset write-offs. Per the trustees' report, unrestricted reserves of £230,920 are below the stated policy target of three months of operating costs, though the trustees consider the going concern basis appropriate due to planned restructuring and a forecast return to a balanced budget in 2026/27.
What the accounts disclose
“two employees received total remuneration exceeding £60,000 during the year”
“The £230,920 of unrestricted reserves is less than the three months of operating costs required by the Reserves Policy.” — page 10
“Although the expected deficit in 2025/26 will reduce free reserves, the Trustees believe that their considered plans for a balanced budget going forward mean that it is appropriate to prepare the accounts on a going concern basis.” — page 10
“In addition, the only trustee to receive remuneration is The Venerable Roger Preece for his services as Master to The Foundation for which he was paid a salary of £70,652 and pension contributions of £9,009.” — page 24
“Charges by the Charity to Ratcliffe Hospitality Ltd (RHL) Allocation of overheads for shared expenses 231,663”
“Gift Aid donation by RHL to the charity 34,722” — page 29
“Charges by the Charity to Ratcliffe Hospitality Ltd (RHL) Allocation of overheads for shared expenses 231,663”
“Gift Aid donation by RHL to the charity 34,722” — page 29
“Charges by the Charity to Ratcliffe Hospitality Ltd (RHL) Allocation of overheads for shared expenses 231,663”
“Gift Aid donation by RHL to the charity 34,722” — page 29
“The charity holds 100 ordinary £1 shares in a wholly owned subsidiary company, Ratcliffe Hospitality Limited” — page 20
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- 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
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 20
- Employees paid over £60,000: 2 (£60,001–£70,000: 1; £70,001–£80,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 40
- Employees paid over £60,000: 1 (£70,001–£80,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 20
- Employees paid over £60,000: 1 (£70,001–£80,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Has a trading subsidiary
Leadership, per the charity’s website
- The Venerable Roger Preece — Master
- Raj Puranik — General Manager
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Andrew Peter Grigson
- DAVID SWANNEY
- Diana Jane Banks
- Dr JOY PATRICIA HINSON PHD
- GEOFFREY WILLIAM RICHARDS
- JOHN JAMES O'BRIEN
- Mary Cicely Florence Monfries
- Rev Roger Martin Howell Preece
- Sheryl Arlene Frances LAWRENCE FCA
- Sophia Louisa Densham CVO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.1m | £4.1m |
| 31/03/2024 | £3.2m | £3.5m |
| 31/03/2023 | £3.0m | £3.4m |
| 31/03/2022 | £2.1m | £2.9m |
| 31/03/2021 | £1.6m | £2.3m |
Common questions
Is THE ROYAL FOUNDATION OF ST KATHARINE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a trading deficit of £330,516 and a net movement in funds of £1,245,667, driven by investment losses and asset write-offs. Per the trustees' report, unrestricted reserves of £230,920 are below the stated policy target of three months of operating costs, though the trustees consider the going concern basis appropriate due to planned restructuring and a forecast return to a balanced budget in 2026/27. Its FY2025 accounts were audited by Saffery LLP.
Who funds THE ROYAL FOUNDATION OF ST KATHARINE?
Funders whose own accounts filings name THE ROYAL FOUNDATION OF ST KATHARINE as a grant recipient include THE WILLIAMS CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE WILLIAMS CHARITABLE TRUST | FY2025 | £20k | |
| THE WILLIAMS CHARITABLE TRUST | FY2023 | £20k | |
| THE WILLIAMS CHARITABLE TRUST | FY2022 | £6k | |
| THE WILLIAMS CHARITABLE TRUST | FY2024 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 18/03/2016 | £50k | Grant to The Royal Foundation of St. Katharine |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CATHEDRAL MUSIC TRUST | 4 | £150k |
| THE OUSELEY CHURCH MUSIC TRUST | 3 | £12k |
| LEICESTER CATHEDRAL CHARITABLE TRUST | 1 | £3.6m |
| THE ROCHESTER CATHEDRAL TRUST | 1 | £1.1m |
| THE LEICESTER DIOCESAN BOARD OF FINANCE | 1 | £374k |
| KEN DODD CHARITABLE FOUNDATION | 1 | £300k |
| THE KIRBY LAING FOUNDATION | 1 | £100k |
| THE IAN AND CLARE MATTIOLI CHARITABLE TRUST | 1 | £75k |
Charities like this
- CATHEDRAL CHURCH OF CHRIST AND THE BLESSED VIRGIN MARY, ROCHESTER
- FOUNDATION MATTERS
- THE CATHEDRAL CHURCH OF ST MARTIN, LEICESTER
- THE PRESENCE CHARITABLE TRUST
- KINGDOM FAITH CHURCH
- THE CORPORATION OF THE CATHEDRAL CHURCH OF CHRIST IN LIVERPOOL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL FOUNDATION OF ST KATHARINE | £3.1m | — | 2 | below | — | noted |
| CATHEDRAL CHURCH OF CHRIST AND THE BLESSED VIRGIN MARY, ROCHESTER | £2.7m | — | — | below | — | no doubt |
| FOUNDATION MATTERS | £366k | — | 0 | unclear | — | no doubt |
| THE CATHEDRAL CHURCH OF ST MARTIN, LEICESTER | £1.7m | — | 0 | unclear | — | no doubt |
| THE PRESENCE CHARITABLE TRUST | £191k | — | 0 | unclear | — | no doubt |
| KINGDOM FAITH CHURCH | £1.1m | £110,001 - £120,000 | — | unclear | — | no doubt |