ALEXANDRA PARK AND PALACE
Financial health, per its FY2025 accounts
The accounts state that consolidated unrestricted reserves amounted to £25.3m, which is above the stated policy target of six months of running costs. The trustees and auditors confirm the charity is a going concern with no material uncertainties, supported by ongoing funding from the corporate trustee and robust commercial trading performance.
What the accounts disclose
“The Trust aims to establish unrestricted reserves sufficient to cover the running costs of the Park and Palace, as well as staff costs, for a period of six months.” — page 32
“During the Year, the Group received grants to the value of £1,755,000(2024: £1,755,000) for unrestricted purposes and £2,704,910 (2024: £470,000) for designated Capital Projects and £15,000 (2024:£nil) from Haringey Carbon Community Fund.” — page 59
“The Charity’s subsidiary company, Alexandra Palace Trading Limited (APTL) is a company limited by guarantee”
Leadership, per the charity’s website
- Emma Dagnes OBE — Chief Executive
- Cllr Melanie Gingell — Chair
- Nikki Cornwell — Director of Finance & Resources
- Simon Fell — Director of Events, Festivals and Leisure
- Lucy Fenner — Commercial Director
- Catherine Solomon — Director of HR & Organisational Development
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Melanie Ann Gingellchair
- Daniela Louise Parry
- Duncan Neill
- Jason Beazley
- Marie Dippel Kristensen
- Nick da Costa
- Nigel Willmott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £28.6m | £27.5m |
| 31/03/2024 | £24.4m | £25.9m |
| 31/03/2023 | £22.1m | £21.9m |
| 31/03/2022 | £17.8m | £17.4m |
| 31/03/2021 | £9.5m | £10.5m |
Common questions
Is ALEXANDRA PARK AND PALACE financially healthy?
The accounts state that consolidated unrestricted reserves amounted to £25.3m, which is above the stated policy target of six months of running costs. The trustees and auditors confirm the charity is a going concern with no material uncertainties, supported by ongoing funding from the corporate trustee and robust commercial trading performance. Its FY2025 accounts were audited by HaysMac LLP.
Who funds ALEXANDRA PARK AND PALACE?
Funders whose own accounts filings name ALEXANDRA PARK AND PALACE as a grant recipient include THE ROSE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ROSE FOUNDATION | FY2021 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 02/08/2023 | £89k | "Commemorating 150 years of the People's Palace" |
| The National Lottery Heritage Fund | 20/07/2020 | £250k | "COVID19: Alexandra Park and Palace Charitable Trust" |
| The National Lottery Heritage Fund | 04/09/2013 | £59k | "Alexandra Palace - The First World War on the Home Front" |
| The National Lottery Heritage Fund | 23/04/2013 | £19.7m | "Alexandra Palace: Reclaiming the People's Palace" |
| The National Lottery Heritage Fund | 31/05/2000 | £2.8m | "Alexandra Palace & Park" |
| The National Lottery Heritage Fund | 03/07/1998 | £24k | "London, Alexandra Palace Park - Restoration Plan" |