THE CANONBURY TOWER CHARITABLE TRUST
Preservation, refurbishment and promotion of the buildings constituted by Canonbury Tower and 6/9 canonbury Place, London.
Objects
I. THE PRESERVATION FOR THE PUBLIC BENEFIT OF THE PROPERTY KNOWN AS THE CANONBURY TOWER, ISLINGTON, LONDON N1. IITHE PROTECTION AND IMPORVEMENT OF THE AMENITIES OF THE CANONBURY TOWER FOR THE PUBLIC BENEFIT. III. THE PROVISION AT THE CANONBURY TOWER IN THE INTERESTS OF SOCIAL WELFARE AND FOR THE PURPOSE OF IMPROVING THE CONDITIONS OF LIFE FOR THE PERSONS FOR WHOM THE SAME ARE INTENDED OF FACILITIES FOR THE RECREATION AND OTHER LEISURE-TIME OCCUPATION OF THE INHABITANTS OF THE LONDON BOROUGH OF ISLINGTON AND THE SURROUNDING AREA; IV THE FACILITATION AND ENCOURAGEMENT OF THE USE AND OCCUPATION OF THE WHOLE OR PART OF THE CANONBURY TOWER FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES MAY DETERMINE; V. THE PROMOTION AND AID OF SUCH OTHER PURPOSES AS ARE RECOGNISED BY ENGLISH LAW TO BE EXCLUSIVELY CHARITABLE.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £581,625 to £541,613 due to a net outflow of funds, though the trustees remain confident in the charity's ability to continue as a going concern. The charity reported total incoming resources of £32,405 and charitable expenditure of £71,508, resulting in a net movement in funds of (£40,012).
What the accounts disclose
“During the year the trust received a donation from The Compton Charitable Trust of £28,000 (2024 - £35,000), a charity which Lord Northampton is one of the trustees.” — page 15
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £32k | £72k |
| 05/04/2024 | £35k | £83k |
| 05/04/2023 | £42k | £74k |
| 05/04/2022 | £34k | £165k |
| 05/04/2021 | £45k | £59k |
Common questions
Is THE CANONBURY TOWER CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £581,625 to £541,613 due to a net outflow of funds, though the trustees remain confident in the charity's ability to continue as a going concern. The charity reported total incoming resources of £32,405 and charitable expenditure of £71,508, resulting in a net movement in funds of (£40,012). Its FY2025 accounts were independently examined.