THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL
To make annual grants to St Paul's Cathedral
Objects
(1) FOR PAYMENT OF ALL COSTS AND EXPENSES IN CONNECTION WITH ST PAUL'S CATHEDRAL. (2) FOR PAYMENT OF COSTS AND EXPENSES IN CONNECTION WITH THE BUILDINGS AND ACCOMMODATION AT THE DEANERY AMEN COURT AND THE CHAPTER HOUSE PROVIDED FOR THE CLERGY AND LAY OFFICIALS SERVING ST PAUL'S CATHEDRAL. (3) FOR PAYMENT OF ALL COSTS AND EXPENSES IN CONNECTION WITH THE RUNNING OF ST PAUL'S CATHEDRAL CHOIR SCHOOL. (4) FOR PAYMENT OF STIPENDS AND EXPENSES OF THE CLERGY AND LAY OFFICIALS SERVING ST PAUL'S CATHEDRAL. (5) FOR PAYMENT OF COSTS AND EXPENSES IN CONNECTION WITH THE PROVISION OF MUSIC FOR ST PAUL'S CATHEDRAL. (6) FOR PAYMENT OF WAGES FOR THE VERGERS AND ALL OTHER STAFF EMPLOYED THEREIN. (7) FOR THE PRESERVATION MAINTENANCE AND IMPROVEMENT OF THE FABRIC OF ST PAUL'S CATHEDRAL. (8) GENERAL CHARITABLE PURPOSES.
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
Policies the charity declares
- 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
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
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?
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. 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 | £128k |
| THE CATHERINE COOKSON CHARITABLE TRUST | 1 | £50k |
| THE HEADLEY TRUST | 1 | £50k |
| THE PUBLIC INTEREST FOUNDATION | 1 | £33k |
| THE A M CHARITABLE TRUST | 1 | £32k |
| THE W A HANDLEY CHARITY TRUST | 1 | £15k |
| WILLIAM AND EDITH OLDHAM CHARITABLE TRUST | 1 | £2k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £1k |
Charities like this
- GARFIELD WESTON TRUST FOR ST PAUL'S CATHEDRAL
- BRISTOL CATHEDRAL TRUST
- TRUST PROPERTY IN CONNECTION WITH THE PATRIARCHAL RUSSIAN ORTHODOX PARISH IN LONDON
- MANCHESTER CATHEDRAL DEVELOPMENT TRUST
- NORWICH CATHEDRAL TRUST
- CHICHESTER CATHEDRAL MILLENNIUM ENDOWMENT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CITY OF LONDON ENDOWMENT TRUST FOR ST PAUL'S CATHEDRAL | £350k | — | 0 | unclear | — | no doubt |
| GARFIELD WESTON TRUST FOR ST PAUL'S CATHEDRAL | £124k | — | 0 | unclear | — | no doubt |
| BRISTOL CATHEDRAL TRUST | £3.1m | — | 0 | above | — | no doubt |
| TRUST PROPERTY IN CONNECTION WITH THE PATRIARCHAL RUSSIAN ORTHODOX PARISH IN LONDON | £1.0m | — | 0 | unclear | — | no doubt |
| MANCHESTER CATHEDRAL DEVELOPMENT TRUST | £114k | — | 0 | unclear | — | no doubt |
| NORWICH CATHEDRAL TRUST | £43k | — | 0 | unclear | — | no doubt |