Finance Score: -7

Governance Score: 1

Support Score: 3

Poor Liquidity: -1
Good Reserves: +1Multiple Deficits: -2
Fundraising costs high: -5

No volunteer policy: -2
Dynamic board: +3

Grant maker support: +3

Overall GiG Score: -3

THE ROYAL COLLECTION TRUST

To ensure the Royal Collection is subject to proper custodial control and is conserved to the highest possible standards.To ensure the Royal Collection can be seen by as many people as possible.To broaden access through the publication of books and exhibition catalogues and development of the on-line gallery.To make appropriate acquisitions when resources become available.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

Established: 31 years

https://www.rct.uk/

press@rct.uk

(0)20 7930 4832

Charity Commission for England and Wales

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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
31/03/23	£61,894	£53,930	£7,964	£19,564	£31,661	£31,099	6.9	837	7
31/03/22	£24,043	£39,053	£-15,010	£10,964	£25,698	£24,983	7.7	693	4
31/03/21	£6,877	£43,191	£-36,314	£8,572	£37,707	£36,663	10.2	759	4
31/03/20	£71,527	£67,928	£3,599	£17,730	£74,222	£72,767	12.9	995	4
31/03/19	£72,091	£64,014	£8,077	£18,057	£69,424	£67,545	12.7	992	5
31/03/18	£62,220	£57,706	£4,514	£15,649	£61,047	£59,127	12.3	920	0
31/03/17	£61,995	£55,932	£6,063	£15,789	£55,533	£54,769	11.8	731	0
31/03/16	£52,085	£50,084	£2,001	£13,654	£49,670	£49,123	11.8	910	0
31/03/15	£48,846	£45,770	£3,076	£12,795	£47,398	£46,756	12.3	637	0
31/03/14	£54,991	£46,664	£8,327	£13,956	£45,722	£45,311	11.7	608	0
31/03/13	£50,818	£41,802	£9,016	£13,361	£38,895	£38,479	11	582	0
31/03/12	£50,272	£39,835	£10,437	£12,633	£29,979	£29,550	8.9	567	0
31/03/11	£41,785	£34,363	£7,422	£9,962	£20,742	£20,300	7.1	511	0
31/03/10	£34,421	£32,513	£1,908	£9,222	£12,820	£12,339	4.6	501	0
31/03/09	£24,340	£23,622	£718	£9,028	£10,112	£9,615	4.9	476	0
31/03/08	£23,807	£22,535	£1,272	£8,283	£11,810	£11,294	6	454	0
31/03/07	£23,676	£21,302	£2,374	£8,012	£8,990	£8,432	4.7	436	0
31/03/06	£18,315	£18,850	£-535	£0	£0	£0	n/a	0	0
31/03/05	£17,118	£17,238	£-120	£0	£0	£0	n/a	0	0
31/03/04	£3,783	£4,471	£-688	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 51.4%
Fundraising Costs/Total Spending: 36.3%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £140,000-£150,000
Liabilities/Assets: 50%
Liabilities/Income: 47%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 6.9 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.4

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training
Environment/Conservation/Heritage

How it operates

Provides buildings/facilities/open space
Sponsors or undertakes research

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

The General Public/Mankind

Who works here?

837 employees
7 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.

Specific Donations

Amount	When Months	To be used for
Daiwa Anglo-Japanese Foundation - Grant to Royal Collection Trust
£2,000	19/11/2021	Travel support for Kazumi Murose to travel to London to record a film demonstrating how urushi lacquer is applied and decorated, and to contribute to the Royal Collection Trust’s Learning Programme ....more Travel support for Kazumi Murose to travel to London to record a film demonstrating how urushi lacquer is applied and decorated, and to contribute to the Royal Collection Trust’s Learning Programme for Japan: Courts and Culture which will run at The Queen's Gallery, Buckingham Palace, 8 April 2022 to 12 March 2023.
Esmee Fairbairn - Grant to Royal Collection Trust
£120,000	25/07/2018 24	Towards a learning programme to enhance and increase the impact of nationwide exhibitions of drawings by Leonardo da Vinci.
Wolfson Foundation - Grant to The Royal Collection Trust
£30,000	04/12/2017	Windsor Castle learning centre

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

Based on 9/11 persons

Age Range of Trustees:

DR ANNA JULIA KEAY Appointed: 2018, Occupation: Director Of The Landmark Trust

DR TONYA NELSON Appointed: 2022, Occupation: Company Director

LORD ANDREW PARKER Appointed: 2021, Occupation: Lord Chamberlain

MARC JAN BOLLAND Appointed: 2017, Occupation: Trustee

MONISHA SHAH Appointed: 2022, Occupation: Company Director, Other trusteeships: NATIONAL ART COLLECTIONS FUND, CATERHAM SCHOOL LIMITED, WIKIMEDIA UK,

SIR MICHAEL JOHN STEVENS KCVO FCA Appointed: 2018, Other trusteeships: THE MILITARY KNIGHTS OF WINDSOR WIDOWS, ORPHANS AND SUPERNUMARY KNIGHTS BENEVOLENT FUND, THE PRIVY PURSE CHARITABLE TRUST, MILITARY KNIGHTS OF WINDSOR CHARITY, DUCHY OF LANCASTER BENEVOLENT FUND, HISTORIC ROYAL PALACES, THE DUCHY OF LANCASTER JUBILEE TRUST,

SIR BRIAN IVORY Appointed: 2021, Occupation: Company Chairman

SIR NICHOLAS BACON BT KCVO Appointed: 2024, Other trusteeships: THE ROYAL CORNWALL AGRICULTURAL ASSOCIATION, NORTON SUBCOURSE POOR MARSH TRUST,

THE HON SIR JAMES LEIGH-PEMBERTON CVO Appointed: 2016

THE RT. HON. SIR CLIVE ALDERTON KCVO Appointed: 2022

VICE ADMIRAL CHARLES ANTHONY JOHNSTONE-BURT CB OBE DL Appointed: 2017

Legal constitution

Charitable company registered in England & Wales on 02/02/1993, number: 1016972
Registered at Companies House on 11/05/1992, number: 02713536

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
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

Filing Record

20 returns made; all on time

Main office

YORK HOUSE
ST. JAMES'S PALACE
LONDON
SW1A 1BQ

Objectives

1.FOR THE BENEFIT OF THE NATION (A) TO ADMINISTER, CONSERVE, RENOVATE, REPAIR, MAINTAIN, IMPROVE AND ADVISE ON THE ROYAL COLLECTION, THE ROYAL ARCHIVES AND THE ROYAL PHOTOGRAPHIC COLLECTION WHICH PASS IN RIGHT OF THE CROWN; AND (B) TO EDUCATE AND INFORM THE PUBLIC ABOUT SUCH COLLECTIONS AND ARCHIVES BY EXHIBITION, BY PREPARATION OF CATALOGUES AND INVENTORIES, BY RESEARCH AND BY PUBLICATION AND BY SUCH OTHER MEANS AS ARE APPROPRIATE; 2. SUCH OTHER PURPOSES FOR THE BENEFIT OF THE COMMUNITY AS SHALL BE EXCLUSIVELY CHARITABLE.

Defined Area of Benefit:

NOT DEFINED

Data Sources