THE PRIVY PURSE CHARITABLE TRUST
The aims of the Privy Purse Charitable Trust are to make grants to charities of which The King is Patron, support ecclesiastical establishments associated with The King and to make contributions in the event of either National or International disasters.
Objects
TO PAY OR APPLY OR CAUSE TO BE PAID OR APPLIED AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES SHALL IN THEIR DISCRETION THINK FIT THE INCOME AND IF AND IN SO FAR AS THE TRUSTEES SHALL THINK FIT THE CAPITAL OF THE TRUST FUND IN OR TOWARDS THE GENERAL PURPOSES OF SUCH CHARITABLE BODIES OR FOR SUCH OTHER PURPOSES AS SHALL BE EXCLUSIVELY CHARITABLE AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE.
Financial health, per its FY2026 accounts
The accounts state that unrestricted reserves amounted to £6,155,919 at 31 March 2026, an increase from £5,247,814 in the prior year, primarily driven by unrealised gains on investments of £683,666. The Trustees consider reserves sufficient to meet expected expenditure without income for approximately five years and confirm the charity is a going concern. The charity's policy is to distribute substantially all annual income while maintaining the capital value of the fund in real terms.
What the accounts disclose
“The policy of the Trustees is to distribute annually substantially all of the income arising in the year, after deduction of expenditure, whilst maintaining the capital value of the fund in real terms and the ability of the charity to withstand unexpected expenditure.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- 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
- Social media 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 31/03/2026
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- James Chalmerschair
- Catherine James
- SIR MICHAEL JOHN STEVENS GCVO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £903k | £678k |
| 31/03/2025 | £1.0m | £784k |
| 31/03/2024 | £1.1m | £1.4m |
| 31/03/2023 | £850k | £635k |
| 31/03/2022 | £178k | £675k |
Common questions
Is THE PRIVY PURSE CHARITABLE TRUST financially healthy?
Per its FY2026 accounts: The accounts state that unrestricted reserves amounted to £6,155,919 at 31 March 2026, an increase from £5,247,814 in the prior year, primarily driven by unrealised gains on investments of £683,666. The Trustees consider reserves sufficient to meet expected expenditure without income for approximately five years and confirm the charity is a going concern. The charity's policy is to distribute substantially all annual income while maintaining the capital value of the fund in real terms. Its FY2026 accounts were audited by Kreston Reeves Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRITISH HEN WELFARE TRUST | 1 | £15k |
| CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO | 1 | £10k |
| THE THOMAS WALL TRUST | 1 | £8k |
| DUKE OF DEVONSHIRE'S CHARITABLE TRUST | 1 | £5k |
| JOHN JACKSON CHARITABLE TRUST | 1 | £4k |
| THE BISHOP RADFORD TRUST | 1 | £2k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £1k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON | 1 | £1k |
Charities like this
- PERSONAL ASSURANCE CHARITABLE TRUST
- THE PRIMROSE TRUST
- THE PRINCESS ANNE'S CHARITIES
- HON CHARLES PEARSON CHARITY TRUST
- THE PUBLIC INTEREST FOUNDATION
- PEOPLE MATTER TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PRIVY PURSE CHARITABLE TRUST | £903k | — | — | unclear | — | no doubt |
| PERSONAL ASSURANCE CHARITABLE TRUST | £120k | — | 0 | above | — | no doubt |
| THE PRIMROSE TRUST | £121k | — | 0 | unclear | — | no doubt |
| THE PRINCESS ANNE'S CHARITIES | £237k | — | 0 | unclear | — | no doubt |
| HON CHARLES PEARSON CHARITY TRUST | £76k | — | 0 | unclear | — | no doubt |
| THE PUBLIC INTEREST FOUNDATION | £209k | — | — | unclear | — | no doubt |