Finance Score: -4
Governance Score: -2
Support Score: 7
  • Low unrestricted reserves: -2
  • Spending falling: -1
  • but now stabilising: +1
  • Multiple Deficits and declines: -5
  • Fundraising costs low: +3
  • No conflicts policy: -1
  • Only 4 Trustees: -1
  • Grant maker support: +7
Overall GiG Score: 1 ?

THE WESTMINSTER ABBEY TRUST 

TO FURTHER THE RELIGIOUS AND OTHER CHARITABLE PURPOSES OF WESTMINSTER ABBEY
Analysis by Giving is Great

Positives:

  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers

Regulatory & Governance issues to consider:

  • This charity only provides its support via other charities
  • This charity does not have a Conflict of Interests policy
  • There are only 4 trustees

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end
  • Spending has fallen significantly over the last 5 years relative to the previous period but has stabilised more recently
  • Income has been volatile and on several occasions in recent years less than spending

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
30/09/22£1,008£1,181£-173£5£923£480.502
30/09/21£1,156£373£782£5£1,045£782.502
30/09/20£759£686£73£8£263£851.520
30/09/19£875£830£45£5£191£220.303
30/09/18£1,900£7,276£-5,376£22£146£11003
30/09/17£7,265£7,448£-183£178£5,522£15000
30/09/16£5,149£2,701£2,448£209£5,705£7000
30/09/15£2,462£895£1,567£186£3,257£0n/a00
30/09/14£1,305£416£890£174£1,690£0n/a20
30/09/13£1,010£722£288£259£800£0n/a30
30/09/12£803£571£232£330£513£0n/a30
30/09/11£387£572£-184£0£0£0n/a00
30/09/10£616£183£433£183£464£0n/a20
30/09/09£384£353£30£0£0£0n/a00
30/09/08£0£0£0n/an/an/an/an/a0
30/09/07£0£0£0n/an/an/an/an/a0

Financial Ratios
Fundraising Costs/Relevant Income: 0.5%
Fundraising Costs/Total Spending: 0.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 5%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 5%
Reserves/Spending: 0.5 months
Net Current Assets/Spending: 9 months
Quick Ratio: 22.1
Asset Split ?
Established: 18 years

www.westminster-abbey.org

chris.vyse@westminster-abbey.org

020 7222 5152

Charity Commission for England and WalesFacebookInstagramX
Listed activities
  • Arts/Culture/Heritage/Science
  • Religious Activities
GiG Classification
  • Other religious associations
How it operates
  • Makes Grants to Organisations
Where it operates
  • City Of Westminster,
Who it helps
  • Other Charities Or Voluntary Bodies
Who works here?
  • Unknown number of employees
  • 2 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years
Garfield Weston Foundation£400,000
Wolfson Foundation£375,000
Charles Hayward Foundation£40,000
Specific Donations
Amount When
Months
To be used for
Charles Hayward Foundation - Grant to Westminster Abbey
£20,000 29/04/2022
towards salary of data inputter to continue computarisation of the Muniments Catalogue
Wolfson Foundation - Grant to Westminster Abbey
£375,000 10/06/2021
Exceptional award, recognising the particular pressures facing the Abbey during the pandemic, to help support conservation of the building
Garfield Weston Foundation - Major Grants award
£400,000 09/04/2021
Westminster Abbey Collection & Its Care
Charles Hayward Foundation - Grant to Westminster Abbey
£20,000 26/03/2021
towards salary of data inputter to continue computarisation of the Muniments catalogue
Garfield Weston Foundation - Major Grants award
£2,000,000 15/09/2017
The Queen's Diamond Jubilee Galleries

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Legal constitution
  • Charity registered in England & Wales on 12/10/2006, number: 1116371
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Investment
  • Risk management
Filing Record
16 returns made; all on time
Main office

THE CHAPTER OFFICE
20 DEANS YARD
LONDON
SW1P 3PA

Objectives

(A) TO FURTHER THE RELIGIOUS AND OTHER CHARITABLE PURPOSES OF THE ABBEY;(B) TO SUPPORT THE ABBEY'S CHOIR SCHOOL; AND (C) TO SUPPORT THE WHICHER AND KIFFORD ALMSHOUSES.

Defined Area of Benefit:

NOT DEFINED.

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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