Finance Score: -2
Governance Score: 6
Support Score: 11
  • Multiple Deficits: -2
  • Dynamic board: +3
  • Gender balanced board: +3
  • Overall weighted support: +11
Overall GiG Score: 15 ?

HISTORIC ROYAL PALACES

a)to manage, conserve, renovate and repair the Palaces (Hampton Court, Tower of London, Kensington Palace, Kew Palace, Banqueting House, Hillsborough Castle) to a high standard consistent with their status; b)to help everyone to learn about the Palaces, the skills required for their conservation and the wider story of how monarchs and people together have shaped society, by all appropriate means
Analysis by Giving is Great

Positives:

  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

  • On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£102,476£82,130£20,345£13,885£61,867£55,03587461,626
31/03/22£54,445£61,296£-6,851£8,427£44,123£37,0207.2679392
31/03/21£32,695£53,904£-21,209£7,412£40,867£7,4161.7839362
31/03/20£101,814£101,591£222£16,935£60,834£55,1686.51,120350
31/03/19£105,432£101,228£4,204£17,283£53,507£47,9825.71,061340
31/03/18£98,186£95,103£3,083£17,112£49,603£43,2085.51,0040
31/03/17£91,497£85,854£5,643£15,113£43,011£34,2034.89850
31/03/16£86,555£88,463£-1,908£15,690£42,013£35,5944.89490
31/03/15£92,236£84,529£7,707£15,477£40,296£35,9445.18910
31/03/14£79,788£76,447£3,341£15,003£38,313£36,2005.78120
31/03/13£72,356£65,478£6,878£13,690£36,125£32,1815.97700
31/03/12£69,070£69,648£-578£12,504£29,860£25,8194.47390
31/03/11£62,269£59,685£2,584£11,986£32,393£26,0335.27090
31/03/10£61,792£56,034£5,758£11,316£27,979£24,0115.17070
31/03/09£51,726£49,358£2,367£10,975£22,966£19,6114.86890
31/03/08£47,473£44,201£3,273£10,360£21,669£21,2075.86540
31/03/07£48,318£43,298£5,020£10,189£19,658£19,3705.46540
31/03/06£33,371£33,347£24n/an/an/an/an/an/a
31/03/05£34,311£38,106£-3,794n/an/an/an/an/an/a
31/03/04£35,292£43,121£-7,829n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 18.9%
Fundraising Costs/Total Spending: 16.9%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £120,000-£130,000
Liabilities/Assets: 55%
Liabilities/Income: 64%
Unrestricted Funds/Total Funds: 89%
Reserves/Spending: 8 months
Net Current Assets/Spending: 9 months
Quick Ratio: 0.6
Asset Split ?
Balance Sheet History
Established: 27 years

www.hrp.org.uk

info@hrp.org.uk

0333 320 6000

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
  • Environment/Conservation/Heritage
GiG Classification
  • Museums, parks, historical sites
How it operates
  • Provides buildings/facilities/open space
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • City Of London, City Of Westminster, Kensington And Chelsea, Kingston Upon Thames, Northern Ireland, Richmond Upon Thames, Surrey, Tower Hamlets,
Who it helps
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
DCMS£9,180,672
Garfield Weston Foundation£490,000
Wolfson Foundation£275,000
The Foyle Foundation£250,000
Specific Donations
Amount When
Months
To be used for
Daiwa Anglo-Japanese Foundation - Grant to Historic Royal Palaces
£4,000 24/11/2023
Travel support for a curator and conservator to visit Japan in July 2024 to research Japanese court dress ('taireifuku'), in preparation for a community engagement project and exhibition at Kensington Palace in 2025 in which one of Historic Royal ....more
The Foyle Foundation - Learning (MGS)
£250,000 21/04/2022
towards new building at Kensington Palace Orangery site, providing new learning space and commercial revenue with naming rights on the the 'Foyle Room', as one of the learning rooms in the Clore Learning Centre (awarded grant in response to ....more
Department for Business, Energy and Industrial Strategy - Henry VIII on Tour: Landscape, Communities and Performance
£117,497 01/04/2022
Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=AH/X000540/1
Garfield Weston Foundation - Major Grants award
£250,000 04/02/2022
The Tower Moat: Celebration and Transformation
Wolfson Foundation - Grant to Historic Royal Palaces
£275,000 09/12/2021
Banqueting House environmental controls
Garfield Weston Foundation - Major Grants award
£240,000 14/05/2021
Banqueting House, Whitehall
DCMS - Historic Royal Palaces Maintenance Award
£3,150,627 01/04/2021
The purpose of this funding is to enable Arms Length Bodies to undertake essential maintenance works on their estates, thus preventing further deterioration of these assets, as well as safeguarding people and collections. Public Bodies are eligible ....more
DCMS - Historic Royal Palaces Portfolio of Grants for Programmes of Major Works
£2,914,354 01/04/2021
We care for five sites of national importance in London: Tower of London, Hampton Court Palace, Banqueting House, Kensington Palace and Kew Palace; and one site in Northern Ireland: Hillsborough Castle and Gardens.
DCMS - Kensington Palace, London
£14,884 05/01/2021
- cracking in the north wall of the King's State Apartments- structural movement in the King's staircaseWorks required to safeguard fabric and to mitigate risk to the public
DCMS - Hampton Court Palace, London
£21,263 05/01/2021
Our project is the repair of the lead roof above apartment 31 at Hampton Court Palace. which sits directly above the Queens Staircase in the northern range of Fountain Court.
DCMS - Kensington Palace, London
£4,088 05/01/2021
- cracking in the north wall of the King's State Apartments- structural movement in the King's staircaseWorks required to safeguard fabric and to mitigate risk to the public
DCMS - Hampton Court Palace, London
£7,087 05/01/2021
Our project is the repair of the lead roof above apartment 31 at Hampton Court Palace. which sits directly above the Queens Staircase in the northern range of Fountain Court.
DCMS - The Queen's Cottage, Kew Gardens
£21,263 18/12/2020
Works include: Thatching repairs, repointing, and replacement of stone steps
DCMS - Banqueting House, London
£12,506 18/12/2020
Preliminary investigations undertaken by Ian Angus, which gave rise to the specialists in 2019 - Richard Ireland, Plaster Specialist and Hockley & Dawson, Structural Engineers identified splits and deflection to the structural timbers above and ....more
DCMS - White Tower, Tower of London
£21,263 16/12/2020
Renewal of lead roof due to underside corrosion
National Lottery Heritage Fund - Grant to Historic Royal Palaces
£219,600 09/07/2020
COVID19: Historic Royal Palaces
DCMS - ALB-Historic England-Historic Royal Palaces (HRP)
£3,013,337 01/04/2020
We care for five sites of national importance in London: Tower of London, Hampton Court Palace, Banqueting House, Kensington Palace and Kew Palace; and one site in Northern Ireland: Hillsborough Castle and Gardens.
Department for Business, Energy and Industrial Strategy - Portable Palaces: Royal Tents and Timber Lodgings 1509-1603
£82,488 03/04/2017
[Placeholder]
Wolfson Foundation - Grant to Historic Royal Palaces
£200,000 08/12/2016
Yew Tree Walk at Hillsborough Castle, Northern Ireland
National Lottery Heritage Fund - Grant to Historic Royal Palaces
£4,950,000 19/01/2016
Hillsborough Castle: opening doors, exploring stories, inspiring the future - for everyone
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)
Current Trustees appointed
Gender Split

  • CAMILLA FINLAY Appointed: 2021
  • GENERAL SIR GORDON MESSENGER Appointed: 2022
  • JOANNA LOUISE TWIST Appointed: 2019
  • LISA JANE BURGER Appointed: 2022
  • PROFESSOR MICHAEL DAVID WOOD Appointed: 2019
  • SIR MICHAEL JOHN STEVENS KCVO FCA Appointed: 2015
  • SARAH JANE JENKINS Appointed: 2019
  • SIR NICHOLAS COLERIDGE (Chair) Appointed: 2023
  • TIMOTHY AIDAN JOHN KNOX Appointed: 2018, Occupation: Museum Director
Legal constitution
  • Charity registered in England & Wales on 25/03/1998, number: 1068852
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; all on time
Main office

Historic Royal Palaces
Hampton Court Palace
East Molesey
KT8 9AU

Objectives

FOR THE BENEFIT OF THE NATION: (A) TO MANAGE, CONSERVE, RENOVATE, REPAIR, MAINTAIN AND IMPROVE THE PALACES (THE PALACES BEING THE TOWER OF LONDON; HAMPTON COURT PALACE; THE STATE APARTMENTS AND ORANGERY AT KENSINGTON PALACE; THE BANQUETING HOUSE, WHITEHALL; KEW PALACE WITH QUEEN CHARLOTTE'S COTTAGE; AND OTHER PALACE OR PROPERTY CONSIDERED BY THE TRUSTEES TO BE OF ROYAL ASSOCIATION AND HISTORIC AND/OR ARCHITECTURAL IMPORTANCE AND AGREED BY US AND OUR SECRETARY OF STATE; TOGETHER WITH ANY ASSOCIATED GARDENS, LANDS, BUILDINGS AND CONTENTS OTHER THAN THE COLLECTION OF THE ROYAL ARMOURIES) TO A HIGH STANDARD CONSISTENT WITH THEIR STATUS AS BUILDINGS OF ROYAL ASSOCIATION AND HISTORIC AND/OR ARCHITECTURAL IMPORTANCE; AND (B) TO HELP EVERYONE TO LEARN ABOUT THE PALACES, THE SKILLS REQUIRED FOR THEIR CONSERVATION AND THE WIDER STORY OF HOW MONARCHS AND PEOPLE TOGETHER HAVE SHAPED SOCIETY BY PROVIDING PUBLIC ACCESS, BY EXHIBITION, BY EVENTS AND EDUCATION PROGRAMMES, BY THE PREPARATION OF RECORDS, BY RESEARCH AND BY PUBLICATION AND BY SUCH OTHER MEANS AS ARE APPROPRIATE.

Defined Area of Benefit:

THE UNITED KINGDOM

Data Sources

Charity Commission for England and Wales
360 Giving

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