CCEW Charity Commission profile

Royal Academy Trust

Registered charity 1067270 · organisation 3939342

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Other
Registered
8 January 1998
Removed
Not supplied
Financial period
1 September 2024 – 31 August 2025
Latest income
£5,420,150
Latest expenditure
£2,908,405
Gift Aid
Yes
Owns or uses land
No
In administration
No
Insolvent
No
CIO
No

Public contact address: BURLINGTON HOUSE, PICCADILLY, LONDON, W1J 0BD

Website recorded by the regulator: www.royalacademy.org.uk (displayed as text)

02 Activities

What the charity does

The object of the Trust is the maintenance, development, advancement and preservation of the Royal Academy of Arts.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 September 2024
Fin Period End Date
31 August 2025
Ar Cycle Reference
AR25
Reporting Due Date
30 June 2026
Date Annual Return Received
29 June 2026
Date Accounts Received
29 June 2026
Total Gross Income
£5,420,150
Total Gross Expenditure
£2,908,405
Fin Period Start Date
1 September 2023
Fin Period End Date
31 August 2024
Ar Cycle Reference
AR24
Reporting Due Date
30 June 2025
Date Annual Return Received
8 May 2025
Date Accounts Received
8 May 2025
Total Gross Income
£1,518,840
Total Gross Expenditure
£2,080,869
Fin Period Start Date
1 September 2022
Fin Period End Date
31 August 2023
Ar Cycle Reference
AR23
Reporting Due Date
30 June 2024
Date Annual Return Received
26 June 2024
Date Accounts Received
26 June 2024
Total Gross Income
£1,481,853
Total Gross Expenditure
£3,854,408
Fin Period Start Date
1 September 2021
Fin Period End Date
31 August 2022
Ar Cycle Reference
AR22
Reporting Due Date
30 June 2023
Date Annual Return Received
4 May 2023
Date Accounts Received
4 May 2023
Total Gross Income
£2,070,366
Total Gross Expenditure
£1,202,538
Fin Period Start Date
1 September 2020
Fin Period End Date
31 August 2021
Ar Cycle Reference
AR21
Reporting Due Date
30 June 2022
Date Annual Return Received
11 March 2022
Date Accounts Received
11 March 2022
Total Gross Income
£951,032
Total Gross Expenditure
£3,259,256

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 September 2024
Fin Period End Date
31 August 2025
Ar Due Date
30 June 2026
Ar Received Date
29 June 2026
Total Gross Income
£5,420,150
Total Gross Expenditure
£2,908,405
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 September 2023
Fin Period End Date
31 August 2024
Ar Due Date
30 June 2025
Ar Received Date
8 May 2025
Total Gross Income
£1,518,840
Total Gross Expenditure
£2,080,869
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 September 2022
Fin Period End Date
31 August 2023
Ar Due Date
30 June 2024
Ar Received Date
26 June 2024
Total Gross Income
£1,481,853
Total Gross Expenditure
£3,854,408
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£0
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 September 2021
Fin Period End Date
31 August 2022
Ar Due Date
30 June 2023
Ar Received Date
4 May 2023
Total Gross Income
£2,070,366
Total Gross Expenditure
£1,202,538
Charity Raises Funds From Public
Yes
Charity Professional Fundraiser
No
Charity Commercial Participator
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 September 2020
Fin Period End Date
31 August 2021
Ar Due Date
30 June 2022
Ar Received Date
11 March 2022
Total Gross Income
£951,032
Total Gross Expenditure
£3,259,256
Charity Raises Funds From Public
Yes
Charity Professional Fundraiser
No
Charity Commercial Participator
No
Grant Making Is Main Activity
Yes
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
No
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
No
Count Volunteers
0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 September 2024
Fin Period End Date
31 August 2025
Ar Due Date
30 June 2026
Ar Received Date
29 June 2026
Income Donations And Legacies
3833420
Income Other Trading Activities
0
Income Charitable Activities
200000
Income Investments
1386730
Income Other
0
Income Total Income And Endowments
5420150
Income Legacies
3833420
Income Endowments
0
Expenditure Raising Funds
£134,874
Expenditure Charitable Expenditure
£2,773,531
Expenditure Other
0
Expenditure Total
2908405
Expenditure Investment Management
0
Expenditure Grants Institution
2773531
Expenditure Governance
0
Expenditure Support Costs
0
Expenditure Depreciation
0
Gain Loss Investment
1306704
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£11,893,579
Assets Total Fixed
56125765
Assets Own Use
0
Assets Long Term Investment
56125765
Defined Benefit Pension Scheme
0
Assets Other Assets
£143,980
Assets Total Liabilities
£96,365
Assets Current Investment
0
Assets Total Assets And Liabilities
£56,173,380
Creditors One Year Total Current
96365
Creditors Falling Due After One Year
0
Assets Cash
£100,910
Funds Endowment
22007024
Funds Unrestricted
18569686
Funds Restricted
15596670
Funds Total
56173380
Count Employees
1
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 September 2023
Fin Period End Date
31 August 2024
Ar Due Date
30 June 2025
Ar Received Date
8 May 2025
Income Donations And Legacies
209691
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
1309149
Income Other
0
Income Total Income And Endowments
1518840
Income Legacies
6849
Income Endowments
0
Expenditure Raising Funds
£203,785
Expenditure Charitable Expenditure
£1,877,084
Expenditure Other
0
Expenditure Total
2080869
Expenditure Investment Management
110203
Expenditure Grants Institution
0
Expenditure Governance
23159
Expenditure Support Costs
0
Expenditure Depreciation
0
Gain Loss Investment
2722014
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£10,331,247
Assets Total Fixed
52165701
Assets Own Use
0
Assets Long Term Investment
52165701
Defined Benefit Pension Scheme
0
Assets Other Assets
£313,321
Assets Total Liabilities
£124,091
Assets Current Investment
0
Assets Total Assets And Liabilities
£52,354,931
Creditors One Year Total Current
124091
Creditors Falling Due After One Year
0
Assets Cash
£276,755
Funds Endowment
22139569
Funds Unrestricted
16794913
Funds Restricted
13420449
Funds Total
52354931
Count Employees
1
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 September 2022
Fin Period End Date
31 August 2023
Ar Due Date
30 June 2024
Ar Received Date
26 June 2024
Income Donations And Legacies
493172
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
988681
Income Other
0
Income Total Income And Endowments
1481853
Income Legacies
425803
Income Endowments
0
Expenditure Raising Funds
£124,589
Expenditure Charitable Expenditure
£3,729,819
Expenditure Other
0
Expenditure Total
3854408
Expenditure Investment Management
36373
Expenditure Grants Institution
0
Expenditure Governance
19019
Expenditure Support Costs
0
Expenditure Depreciation
0
Gain Loss Investment
-550427
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£9,680,098
Assets Total Fixed
50029525
Assets Own Use
0
Assets Long Term Investment
50029525
Defined Benefit Pension Scheme
0
Assets Other Assets
£302,452
Assets Total Liabilities
£137,031
Assets Current Investment
0
Assets Total Assets And Liabilities
£50,194,946
Creditors One Year Total Current
137031
Creditors Falling Due After One Year
0
Assets Cash
£207,254
Funds Endowment
20794762
Funds Unrestricted
15914516
Funds Restricted
13485668
Funds Total
50194946
Count Employees
1
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 September 2021
Fin Period End Date
31 August 2022
Ar Due Date
30 June 2023
Ar Received Date
4 May 2023
Income Donations And Legacies
1170681
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
899685
Income Other
0
Income Total Income And Endowments
2070366
Income Legacies
598361
Income Endowments
375000
Expenditure Raising Funds
£146,649
Expenditure Charitable Expenditure
£1,055,889
Expenditure Other
0
Expenditure Total
1202538
Expenditure Investment Management
58494
Expenditure Grants Institution
1055889
Expenditure Governance
0
Expenditure Support Costs
0
Expenditure Depreciation
0
Gain Loss Investment
-67163
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£11,930,822
Assets Total Fixed
52870235
Assets Own Use
0
Assets Long Term Investment
52870235
Defined Benefit Pension Scheme
0
Assets Other Assets
£313,139
Assets Total Liabilities
£65,446
Assets Current Investment
0
Assets Total Assets And Liabilities
£53,117,928
Creditors One Year Total Current
65446
Creditors Falling Due After One Year
0
Assets Cash
£274,013
Funds Endowment
21174885
Funds Unrestricted
18319712
Funds Restricted
13623331
Funds Total
53117928
Count Employees
1
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 September 2020
Fin Period End Date
31 August 2021
Ar Due Date
30 June 2022
Ar Received Date
11 March 2022
Income Donations And Legacies
338804
Income Other Trading Activities
0
Income Charitable Activities
0
Income Investments
612228
Income Other
0
Income Total Income And Endowments
951032
Income Legacies
287798
Income Endowments
0
Expenditure Raising Funds
£289,758
Expenditure Charitable Expenditure
£2,969,498
Expenditure Other
0
Expenditure Total
3259256
Expenditure Investment Management
205148
Expenditure Grants Institution
2969498
Expenditure Governance
0
Expenditure Support Costs
0
Expenditure Depreciation
0
Gain Loss Investment
7959224
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£11,790,652
Assets Total Fixed
52752574
Assets Own Use
0
Assets Long Term Investment
52752574
Defined Benefit Pension Scheme
0
Assets Other Assets
£113,243
Assets Total Liabilities
£548,554
Assets Current Investment
0
Assets Total Assets And Liabilities
£52,317,263
Creditors One Year Total Current
548554
Creditors Falling Due After One Year
0
Assets Cash
£84,690
Funds Endowment
22308293
Funds Unrestricted
17945417
Funds Restricted
12063553
Funds Total
52317263
Count Employees
1
Charity Only Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Region
Geographic Area Description
Throughout England And Wales
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
102
Classification Type
What
Classification Description
Education/training
Classification Code
302
Classification Type
How
Classification Description
Makes Grants To Organisations
Classification Code
109
Classification Type
What
Classification Description
Arts/culture/heritage/science
Classification Code
207
Classification Type
Who
Classification Description
The General Public/mankind

08 Official extract

Charity Event History

Charity Name
Royal Academy Trust
Charity Event Order
1
Event Type
Standard registration
Date Of Event
1998-01-08T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
DECLARATION OF TRUST DATED 11 FEBRUARY 1981 AND SCHEME DATED 20TH APRIL 1998.AS AMENDED ON 09 MAR 2016 as amended on 06 Jun 2019
Charitable Objects
THE MAINTENANCE AND PRESERVATION OF THE ROYAL ACADEMY OF ARTS IN LONDON THROUGH WHICH IN THE WORDS OF ITS INSTRUMENT OF FOUNDATION AND IN ACCORDANCE WITH ITS LAWS AS APPROVED BY THE SOVEREIGN THE ARTS OF DESIGN MAY BE PROMOTED INCLUDING:- (1) THE MAINTENANCE PRESERVATION AND CARE OF ANY BUILDINGS AND POSSESSIONS AT ANY TIME OR FROM TIME TO TIME OCCUPIED OR OWNED BY THE ROYAL ACADEMY OF ARTS AND HELD ON CHARITABLE TRUSTS (2) THE PRESENTATION OF THE ANNUAL EXHIBITION (AS DEFINED IN SECTION VI OF THE LAWS OF THE ROYAL ACADEMY OF ARTS IN LONDON) AND LOAN EXHIBITIONS PREPARED AND MOUNTED FOR THE BENEFIT BOTH OF SCHOLAR AND LAYMAN (3) THE MAINTENANCE AND PRESERVATION OF THE ROYAL ACADEMY SCHOOLS AS A MEANS OF PROVIDING TRAINING IN THE FINE ARTS (4) THE PRESERVATION OF DIPLOMA WORKS AND OF A LIBRARY OF THE ROYAL ACADEMY OF ARTS AS A CENTRE OF REFERENCE FOR THE FINE ARTS (5) THE MAINTENANCE PRESERVATION AND ADVANCEMENT OF SUCH OTHER CHARITABLE OBJECTS AND PURPOSES AS ARE FROM TIME TO TIME SUPPORTED BY THE ROYAL ACADEMY OF ARTS
Area Of Benefit
NOT DEFINED

10 Official extract

Charity Other Names

Charity Name Id
578661
Charity Name Type
Previous name
Charity Name
ROYAL ACADEMY DEVELOPMENT TRUST
Charity Name Id
399745
Charity Name Type
Previous name
Charity Name
THE ROYAL ACADEMY TRUST

11 Official extract

Charity Policy

Policy Name
Serious incident reporting policy and procedures
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Trustee expenses policy and procedures
Policy Name
Safeguarding vulnerable beneficiaries
Policy Name
Risk management
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Complaints handling
Policy Name
Safeguarding policy and procedures
Policy Name
Internal risk management policy and procedures
Policy Name
Conflicting interests
Policy Name
Complaints policy and procedures
Policy Name
Bullying and harassment policy and procedures
Policy Name
Investment
Policy Name
Financial reserves policy and procedures
Policy Name
Investing charity funds policy and procedures