FRIENDS OF ST PAULS
Council aims to achieve the Friends' objects of fellowship and fundraising to support St Paul's often in both time and money, by promoting membership of the Friends, producing the twice-yearly Dome magazine, organising self-financing social activities for members, and making financial grants to the Corporation of the Cathedral Church of St Paul in London out of net funds raised including legacies.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a small surplus of £1,049 for the year ended 31 December 2025, with total unrestricted funds of £44,169. However, the trustees have concluded that the charity will merge with St Paul’s Cathedral and donate its entire assets, meaning the financial statements were prepared on a basis other than going concern with activities treated as discontinued.
What the accounts disclose
“The target level of free reserves was agreed at £40,000 to approximately cover the annual running costs of the Friends” — page 7
“The going concern basis is therefore not appropriate for these financial statements and all activities have been treated as discontinued.” — page 14
“The Charity awarded St Paul’s Cathedral grants totalling £70,000 (2024: £45,000). As at the year-end grants totalling £70,000 (2024: £45,000) were owed to the Cathedral. As at the year-end £8,901 was due from the Cathedral (2024: £17,477 due to the Cathedral) in relation to income and costs received by or paid for by the Cathedral and recharged to the Charity.” — page 19
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → not a going concern (FY2025).
Trustees
- Alexander Prain Hendry
- Alexandra Elizabeth Scott
- Dr PHILLIP RICE
- Laura Mary Callan
- Michael Tadman
- Rev Catherine Okoronkwo
- Sheila Nicoll OBE
- YODIA LO
- Yemi Ilumoka
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £114k | £113k |
| 31/12/2024 | £87k | £88k |
| 31/12/2023 | £168k | £322k |
| 31/12/2022 | £68k | £172k |
| 31/12/2021 | £98k | £171k |
Common questions
Is FRIENDS OF ST PAULS financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a small surplus of £1,049 for the year ended 31 December 2025, with total unrestricted funds of £44,169. However, the trustees have concluded that the charity will merge with St Paul’s Cathedral and donate its entire assets, meaning the financial statements were prepared on a basis other than going concern with activities treated as discontinued. Its FY2025 accounts were audited by Brebners.
Who funds FRIENDS OF ST PAULS?
Funders whose own accounts filings name FRIENDS OF ST PAULS as a grant recipient include THE DORFMAN FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE DORFMAN FOUNDATION | FY2022 | £35k |