THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL
Financial health, per its FY2025 accounts
The accounts state that the Trust holds unrestricted reserves of £12,221,451, which the Trustees consider sufficient to continue support to St. Paul’s Cathedral during income fluctuations. The Trust reported a net movement in funds of £374,030 for the year, driven by investment gains that exceeded charitable expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees aim to maintain sufficient unrestricted reserves to be able to continue appropriate support to St. Paul’s in periods of fluctuations in the Trust’s income.” — page 6
Trustees
- DAVINA JANE WALTER
- Dominic Peter Corti Emmerson
- JOSEPH GURNEY BARCLAY
- Luke Arthur Ponsonby
- Richard William James Parry
- ULRIC DAVID BARNETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £350k | £687k |
| 31/12/2024 | £340k | £363k |
| 31/12/2023 | £344k | £345k |
| 31/12/2022 | £327k | £318k |
| 31/12/2021 | £308k | £569k |
Common questions
Is THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL financially healthy?
The accounts state that the Trust holds unrestricted reserves of £12,221,451, which the Trustees consider sufficient to continue support to St. Paul’s Cathedral during income fluctuations. The Trust reported a net movement in funds of £374,030 for the year, driven by investment gains that exceeded charitable expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Forvis Mazars LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £125k |
| THE HEADLEY TRUST | 1 | £50k |
| THE A M CHARITABLE TRUST | 1 | £10k |