DRAPERS CHARITABLE FUND
Improving the quality of life and expectations of people and their communities, particularly those disadvantaged or socially excluded by funding organisations in the fields of education and social welfare, particularly in Greater London. Promotes the Company's textile heritage, maintains its traditional support for the City of London and its historical connections in Northern Ireland.
Financial health, per its FY2025 accounts
The accounts state that total net assets increased to £87,186,809, with unrestricted reserves held at £3,298,432. The trustees report that the charity is adequately resourced to continue its operations and has prepared the financial statements on a going concern basis. Investment gains of £6,876,975 contributed significantly to the increase in total funds during the year.
What the accounts disclose
“The Trustee has considered the level of general free reserves which are appropriate for the Charity and will hold the minimum unrestricted reserve necessary to fund working capital requirements. This is not expected to exceed 10% of the Charity’s unrestricted income. General funds of £1,131,772 were higher than the target level of approximately £200,000.”
“In 2015/16, Throgmorton Assets plc, a wholly owned subsidiary of the Drapers’ Company, granted an intermediate lease on one of its investment properties by way of a gift to the Charity for a term of 14 years. As a result, the Charity will receive a secure annual income of £500,000 over the term of the lease. The value of the gift was £6,066,540.” — page 34
“Investments consist of holdings in the Drapers’ Charities Pooling Scheme (Charity No 1061675) and its interest in an investment property gifted by Throgmorton Assets plc, a wholly owned subsidiary of the Drapers’ Company” — page 15
“In 2015/16, Throgmorton Assets plc, a wholly owned subsidiary of the Drapers’ Company, granted an intermediate lease on one of its investment properties by way of a gift to the Charity for a term of 14 years. As a result, the Charity will receive a secure annual income of £500,000 over the term of the lease. The value of the gift was £6,066,540.” — page 34
“Investments consist of holdings in the Drapers’ Charities Pooling Scheme (Charity No 1061675) and its interest in an investment property gifted by Throgmorton Assets plc, a wholly owned subsidiary of the Drapers’ Company” — page 15
“Throgmorton Assets plc, a wholly owned subsidiary of the Drapers’ Company, granted an intermediate lease on one of its investment properties by way of a gift to the Charity for a term of 14 years.” — page 29
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (31/01/2012)
- Received assets from another charity (31/01/2012)
- Received assets from another charity (31/01/2012)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.7m | £2.8m |
| 31/07/2024 | £2.6m | £2.8m |
| 31/07/2023 | £2.6m | £2.9m |
| 31/07/2022 | £2.8m | £2.5m |
| 31/07/2021 | £2.9m | £2.2m |
Common questions
Is DRAPERS CHARITABLE FUND financially healthy?
Per its FY2025 accounts: The accounts state that total net assets increased to £87,186,809, with unrestricted reserves held at £3,298,432. The trustees report that the charity is adequately resourced to continue its operations and has prepared the financial statements on a going concern basis. Investment gains of £6,876,975 contributed significantly to the increase in total funds during the year. Its FY2025 accounts were audited by Saffery LLP.
Who funds DRAPERS CHARITABLE FUND?
Funders whose own accounts filings name DRAPERS CHARITABLE FUND as a grant recipient include THE ARMED FORCES EQUINE CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ARMED FORCES EQUINE CHARITY | FY2022 | £5k | Equine Assisted Services to Veterans with PTSD |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SOUTHWARK CHARITIES | 1 | £21k |
| CHARTERHOUSE-IN-SOUTHWARK | 1 | £12k |
| Newcomen Collett Educational Foundation | 1 | £2k |
Charities like this
- THE DRAPERS' ALMSHOUSE CHARITY
- THE SADDLERS' COMPANY CHARITABLE FUND
- THE TOBACCO PIPE MAKERS AND TOBACCO TRADE BENEVOLENT FUND
- DRAPER TOGETHER
- WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND
- THE DYERS' COMPANY CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DRAPERS CHARITABLE FUND | £2.7m | — | 0 | above | — | no doubt |
| THE DRAPERS' ALMSHOUSE CHARITY | £1.6m | — | 0 | above | — | no doubt |
| THE SADDLERS' COMPANY CHARITABLE FUND | £374k | — | 0 | below | 0.0% | no doubt |
| THE TOBACCO PIPE MAKERS AND TOBACCO TRADE BENEVOLENT FUND | £333k | — | 0 | above | — | no doubt |
| DRAPER TOGETHER | £163k | — | 0 | unclear | — | no doubt |
| WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND | £262k | — | 0 | unclear | — | no doubt |