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Financial Reports 2023-24

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King Charles III and Queen Camilla on the balcony of Buckingham Palace, London, following the Coronation. May 6, 2023.
King Charles III and Queen Camilla on the balcony of Buckingham Palace, London, following the Coronation. May 6, 2023.

Financial reports 2023-24

The Royal Household today published its annual financial statement, the Sovereign Grant Report, for the financial year 2023-24. The Sovereign Grant is the funding provided to support the official duties of The Sovereign and maintain the Occupied Royal Palaces. It also includes a dedicated amount to fund the ten-year Reservicing of Buckingham Palace, now in its eighth year – a major overhaul of essential building services to ensure the Palace is protected for future generations.

This year’s statement covers a period which included moments of national and international celebration, including The Coronation of Their Majesties The King and Queen in May 2023 and His Majesty’s State Visit to Kenya in October 2023 – the first to a Commonwealth nation as King. It also reflects a time of unforeseen challenges for the Royal Family as both The King and The Princess of Wales stepped back from public-facing duties temporarily, to prioritise their treatment and recovery from cancer.

You can download the documents using the following links:

Sovereign Grant Report 2023-24 (PDF)

Royal Travel Appendix – Sovereign Grant Report 2023-24 (PDF)

Summary – Sovereign Grant Report 2023-24 (PDF)


Autumn Tour to Australia and Samoa

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Prince Charles and his wife, Camilla, the Duchess of Cornwall, hold koalas at Government House, November, 2012, in Adelaide, Australia.
Prince Charles and his wife, Camilla, the Duchess of Cornwall, hold koalas at Government House, November, 2012, in Adelaide, Australia.

Autumn Tour to Australia and Samoa

14 July 2024

Their Majesties The King and Queen will undertake an Autumn Tour in October 2024. This will include Royal Visits to Australia and Samoa, where Their Majesties will attend the Commonwealth Heads of Government Meeting (CHOGM) 2024.

The King and Queen will visit Australia at the invitation of the Australian Government, where their programme will feature engagements in the Australian Capital Territory and New South Wales. 

Their Majesties’ State Visit to Samoa will celebrate the strong bilateral relationship between the Pacific Island nation and the U.K. 

Their Majesties to Visit the Channel Islands

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Prince William, King Charles III and Queen Camilla attend a D-Day national commemoration event in Portsmouth, England, June 5, 2024.
Prince William, King Charles III and Queen Camilla attend a D-Day national commemoration event in Portsmouth, England, June 5, 2024.

THEIR MAJESTIES THE KING AND QUEEN WILL VISIT THE CHANNEL ISLANDS

Monday 15th July – Tuesday 16th July 2024

Monday 15th July: Jersey

Engagement 1:

Their Majesties The King and Queen will visit Royal Square for a Special Sitting of the States Assembly and Sitting of the Royal Court.

Engagement 2:

Their Majesties will attend the Jersey Expo Event at Weighbridge Place.

Engagement 3:

The King and Queen will view the presentation of The King’s Colour outside Pomme d’Or Hotel.

Engagement 4:

Their Majesties will attend The King’s Parade and afterwards join a tea party, where they will meet guests from a broad cross-section of the island’s community. This will include representatives from arts and culture organisations, emergency services, veterans, voluntary sector and royal patronages.

Tuesday 16th July: Guernsey

Engagement 1:

The King and Queen will attend a Special Sitting of the States of Deliberation, Guernsey’s Parliament, taking place on the St Peter Port seafront.

Engagement 2:

Their Majesties will unveil a plaque to mark their visit before touring a showcase of Guernsey culture, heritage, produce and environmental initiatives on Crown Pier. Their Majesties will go on to join a tea party.

Engagement 3:

His Majesty The King will meet with representatives from Guernsey Finance at Government House.

Engagement 4:

Her Majesty The Queen will tour Hauteville House, where Victor Hugo lived during his exile in Guernsey.

Engagement 5:

The King and Queen will visit Les Cotils, where His Majesty, Patron of the Rare Breeds Survival Trust, will see some rare Golden Guernsey Goats before meeting delegations from Alderney and Sark who will showcase aspects of each Island’s community, culture, history and environmental projects.

WIN The Best of The Ettinger Capra Collection

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Meet Royal Warrant Holders - Ettinger | Royal Britain Magazine - Issue 70
Meet Royal Warrant Holders - Ettinger | Royal Britain Magazine - Issue 70

EXCLUSIVE ROYAL BRITAIN COMPETITION –
WIN THE BEST OF THE ETTINGER CAPRA COLLECTION

Thanks to the generosity of our friends at Ettinger we have a truly luxurious prize to give away. Enjoy the best of the Ettinger Capra Collection with a generous selection worth over £1000. This includes a Large Portfolio, Round Key Fob, Long Wallet, Coin Purse and Tray Purse, all in Ettinger’s exquisite Tan colourway.

Ettinger Capra Collection
Ettinger Capra Collection

All you have to do to be in with a chance of winning this wonderful prize is answer the following question:

The Ettinger Capra Collection was inspired by the golden age of travel in what decade?

A: 1700s
B: 1930s
C: 2020s

Please fill out the form below to enter the competition:

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    Remember to include your name, address, email and contact number. The competition deadline is 30th September 2024 and full terms and conditions are listed below. The winner will be selected at random and revealed in issue 72 of Royal Britain magazine.

    For more information on Royal Warrant Holder Ettinger, why not purchase the latest issue of Royal Britain or visit https://www.ettinger.co.uk/.

    WIN A Copy of The Royal Puzzle Book

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    WIN A COPY OF THE ROYAL PUZZLE BOOK

    How much do you know about the Royals? The Royal Puzzle Book by Philip Parker gives you the chance to test your knowledge of Kings and Queens by attempting to answer some 300 questions across 25 topics, from early kingdoms to the realms of England, Scotland and Wales and the British Royal Family of the modern era. The topics range from Coronations to Sports and Pastimes – from the first English Queen crowned in her own right to the only Royal to have won an Olympic Medal.

    Do you know which country’s national anthem uses the same music as ‘God Save the King’? Which monarch must have regretted his fish dinner? Which two kings of England were killed by arrows? Whose corpse is said to have exploded in its coffin? And what was Queen Victoria’s first name? These hundreds of puzzles are accompanied by a wealth of illustrations from the collections of the British Library.

    Author Philip Parker is a respected writer, consultant and publisher specialising in cartography as well as ancient and medieval history. He studied history at Trinity Hall, Cambridge, and is the author of The British History Puzzle Book (2021), as well as the History of Britain in Maps (2016) and the DK Eyewitness Companion Guide to World History (2010).

    Thanks to the generosity of British Library Publishing we have 5 copies of The Royal Puzzle Book to give away. To be in with a chance of winning just answer the simple question below:

    Which member of the Royal Family wrote a Ladybird book?

    A: Prince Charles
    B: Sarah, Duchess of York
    C: Princess Anne

    Please fill out the form below to enter the competition:

      Terms and Conditions
      We want you to know exactly how our service works and why we need your registration details. Please state that you have read and agreed to these terms before you continue.

      I agree to the terms and conditions.

      You can read our terms and conditions here.

      Contact Permission
      We'd love to send you the all the latest Royal news, exclusive offers and the latest info from Royal Life Magazine by email, post, phone and other electronic means. We'll always treat your personal details with the utmost care and will never sell them to other companies for marketing purposes.

      Yes please, I'd like to hear about the latest Royal news and Royal Life offers.No thanks, I don't want to hear about the latest Royal news and Royal Life offers.

      Alternatively please send your answer to us via email at info@royallife.co.uk or by post to the editorial address:

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      Remember to include your name, address, email and contact number. The competition deadline is 30th September 2024. The winner will be selected at random and revealed in issue 72 of Royal Britain magazine.

      Their Majesties The King and Queen will Visit the Senedd

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      King Charles III meeting members of the public as he leaves Cardiff Castle in Wales. September 16, 2022.
      King Charles III meeting members of the public as he leaves Cardiff Castle in Wales. September 16, 2022.

      THEIR MAJESTIES THE KING AND QUEEN WILL VISIT WALES

      Thursday 11th July 2024

      Engagement 1:

      Their Majesties The King and Queen will visit the Senedd on the occasion of its 25th anniversary.

      Upon Their Majesties’ arrival at the Senedd, the Royal Welsh will form a guard of honour. This is the first time His Majesty will have seen them since the King was appointed their colonel-in-chief on St David’s Day.

      The King and Queen will be greeted by children representing primary schools from across Wales, a civic line up, the Llywydd of the Senedd (Presiding Officer), the Rt Hon. Elin Jones MS, and the First Minister of Wales, the Rt Hon. Vaughan Gething MS. Inside the Senedd, Their Majesties will meet party and parliamentary leaders.

      As Their Majesties enter the Siambr, Mared Pugh-Evans, who has been appointed the King’s harpist, will play – this will be her first performance in her new position.

      The Llywydd will make opening remarks, followed by the First Minister and the party leaders. Two poems written by Aron Pritchard will then be performed, one written when he was a school pupil to mark the first official opening of the then National Assembly in 1999 and a new one written for this event. Aron Pritchard is now a member of staff at the Senedd. A choir from local primary school Ysgol Treganna will also perform.

      His Majesty will then give a speech, marking the 25th anniversary of the Senedd, after which the Llywydd will close the session.

      Entering the Cwrt, Their Majesties will be introduced to Senedd staff who have worked at the parliament for 25 years or who are 25 years old. Their Majesties will also meet Members of the Senedd.

      Before departure, the King and Queen will have the opportunity to meet members of the community who have contributed to key moments in the Senedd’s history, including the petitioner who successfully started a campaign for carrier bag charges, and Welsh Youth Parliament representatives. The ‘Any Body Can Choir’ will perform in the background, which is made up of children who would not ordinarily get the opportunity to try musical activities.

      Engagement 2: to be announced.

      The King to Host Reception for Recipients of the King’s Award for Enterprise

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      The Princess Royal speaks to guests as she hosts a reception for recipients of The Queen's Awards for Enterprise at Buckingham Palace in London, July 12, 2022.
      The Princess Royal speaks to guests as she hosts a reception for recipients of The Queen's Awards for Enterprise at Buckingham Palace in London, July 12, 2022.

      HIS MAJESTY THE KING WILL HOST A RECEPTION FOR RECIPIENTS OF THE KING’S AWARD FOR ENTERPRISE 2024

      Tuesday 9th July 2024

      His Majesty The King, accompanied by the Duke and Duchess of Gloucester and the Duke of Kent, will host a reception for recipients of the King’s Award for Enterprise at Windsor Castle.

      During the reception His Majesty will meet winners from across the United Kingdom, many of whom are leading in their fields of innovation, international trade, sustainable development and promoting opportunity through social mobility.

      The 2024 recipients of the King’s Award for Enterprise include WeWalk Limited, a smart- cane and navigation system for safe and independent visually impaired mobility; Bluewater Bio Ltd, which removes deadly phosphorus from rivers; Frugalpac Ltd, the world’s first and only commercially-available paper bottle for wine and spirits; and Whitehouse Construction Co. Ltd, a flood resistant door and gasket for domestic properties which provides a passive defence against water.

      Instituted by Royal Warrant in 1965, the awards are the most prestigious business awards in the United Kingdom, with recipients recognised as being among the best of British businesses.

      Previously known as the Queen’s Award for Enterprise, this is the 58th year of the awards and the second year recipients will receive a King’s Award for Enterprise following the scheme’s name change.

      Recipients of the award can use the King’s Awards Emblem for the next five years on their products and to promote their services. This year, a total of 252 businesses were recognised for their success across the four award categories. Recipients include those leading the way in a broad range of industries from promoting opportunity through social mobility, sustainable development and Innovation. This includes five businesses being recognised with two awards.

      The Queen to Celebrate National Literacy Trust’s 30th Anniversary

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      Gyles Brandreth speaks to Queen Camilla alongside Floella Benjamin, Twiggy Lawson, Harriet Walter, Maureen Lipman (left to right front row) Virginia McKenna, Sian Phillips, Vanessa Redgrave, Penelope Keith and Patricia Routledge at a Celebration of Shakespeare event at Grosvenor House, central London, marking 400 years since the first Shakespeare folio. February 14, 2024.
      Gyles Brandreth speaks to Queen Camilla alongside Floella Benjamin, Twiggy Lawson, Harriet Walter, Maureen Lipman (left to right front row) Virginia McKenna, Sian Phillips, Vanessa Redgrave, Penelope Keith and Patricia Routledge at a Celebration of Shakespeare event at Grosvenor House, central London, marking 400 years since the first Shakespeare folio. February 14, 2024.

      THE QUEEN WILL CELEBRATE THE NATIONAL LITERACY TRUST’S 30TH ANNIVERSARY WITH A RECEPTION AT CLARENCE HOUSE

      Tuesday 9th July 2024

      Her Majesty The Queen, as Patron of the National Literacy Trust, will host community volunteers and authors to celebrate the charity’s 30th anniversary at Clarence House.

      The National Literacy Trust supports families with young children to help them develop the literacy skills they need to get the most out of life.

      On arrival at the reception, Her Majesty will be greeted by Jonathan Douglas, Chief Executive, and Joanna Prior, Chair of Trustees, at the foot of the staircase.

      The Queen will continue out into the garden of Clarence House (weather permitting) to meet small groups of community volunteers and authors.

      The NLT’s Volunteer Literacy Champions, located in communities across the UK, help to show that literacy is for everyone through events and activities for children under 5 years old. This might involve creating and sharing fun activities for families, setting up and managing community bookshelves or becoming a storyteller.

      During the reception, author and NLT Ambassador Adele Parks will give a short speech.

      Before departing, the Queen will cut a special anniversary cake.

      The Prince of Wales to Visit RAF Valley

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      The Duke and Duchess of Cambridge attend a ceremony marking the end of RAF Search and Rescue (SAR) Force operations during a visit to RAF Valley on Anglesey, Wales 2016.
      The Duke and Duchess of Cambridge attend a ceremony marking the end of RAF Search and Rescue (SAR) Force operations during a visit to RAF Valley on Anglesey, Wales 2016.

      THE PRINCE OF WALES WILL VISIT RAF VALLEY

      Anglesey

      Tuesday 9th July 2024

      The Prince of Wales, Royal Honorary Air Commodore, RAF Valley, will visit the airbase on Tuesday 9th July for the first time since taking on the role from His Majesty The King in August last year. His Royal Highness previously spent three years stationed at RAF Valley whilst serving as an RAF Search and Rescue pilot between 2010 and 2013.

      RAF Valley is the only Royal Air Force station in Wales and is home to No. 4 Flying Training School (4FTS), responsible for training the UK’s next generation of world-class fighter pilots. Aircrew are also trained at the airbase for mountain and maritime operations throughout the world.

      During his visit, the Prince will tour the airbase and meet with personnel from across the unit to hear more about their work and day-to-day life at RAF Valley, which is the second largest employer on Anglesey. His Royal Highness will also spend time meeting families of those stationed at the base.

      The first stop of the day will be at the Air Traffic Control Tower, where the Prince will visit the control rooms and hear from staff about new surveillance equipment. He will also learn more about a £44m project which is currently underway to refurbish RAF Valley’s second runway and hear how the base has managed to maintain its operations while work on such a significant project is ongoing.

      At the base’s Fire and Rescue Section, the Prince will have the opportunity to meet crew members and take part in a simulated fire response exercise. The Fire and Rescue Section provides year-round airfield rescue firefighting and structural firefighting cover for RAF Valley, whilst also delivering further support at the station’s relief landing ground, RAF Mona.

      His Royal Highness will then join engineers, Qualified Flying Instructors, and trainees in their crew room, before presenting The Prince of Wales Award to Flight Lieutenant Jake Fleming. Awarded annually, The Prince of Wales Award recognises the best Qualified Flying Instructor within the No. 4 Flying Training School.

      RAF Valley is also home to the headquarters of the RAF Mountain Rescue Service (MRS) which is on-call 365 days a year to provide Search and Rescue support, Aircraft Post Crash and Incident Management, and medical aid in the mountains.

      The Prince will meet with some of the response team to hear more about their experiences of providing vital, life-saving support to the local area. In 2023, the MRS were called out 25 times, often operating in the most testing weather conditions including near zero-visibility.

      The Prince of Wales to Attend London Climate Action Week Events

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      Prince William with the 2023 Earthshot Prize winners (from left) S4S Technologies co-founder Nidhi Pant; S4S Technologies chief executive Vaibhav Tidke; Accion Andina president Constantino Aucca Chutas; Mr Florent Kaiser, CEO of Global Forest Generation, which is a co-founding organisation of Accion Andina; Boomitra CEO and founder Aadith Moorthy; WildAid marine programme director Emily Owen; WildAid chief operating officer Meaghan Brosnan; GRST CEO and co-founder Justin Hung; and GRST chief financial officer Frank Harley Singapore, 7 November 2023
      Prince William with the 2023 Earthshot Prize winners (from left) S4S Technologies co-founder Nidhi Pant; S4S Technologies chief executive Vaibhav Tidke; Accion Andina president Constantino Aucca Chutas; Mr Florent Kaiser, CEO of Global Forest Generation, which is a co-founding organisation of Accion Andina; Boomitra CEO and founder Aadith Moorthy; WildAid marine programme director Emily Owen; WildAid chief operating officer Meaghan Brosnan; GRST CEO and co-founder Justin Hung; and GRST chief financial officer Frank Harley Singapore, 7 November 2023

      THE PRINCE OF WALES WILL ATTEND EVENTS DURING LONDON CLIMATE ACTION WEEK

      London

      Thursday 27th June 2024

      The Prince of Wales, in his role as President and Founder of the Earthshot Prize, will attend two events during London Climate Action Week on Thursday 27th June.

      These events will bring together global business leaders to highlight the impactful work of environmental innovators from around the world.

      The Earthshot Prize searches the globe for game-changing innovations to help repair our planet, naming fifteen as finalists and awarding £1 million to the best five solutions each year to scale and grow. In addition to recognising five Winners, The Prize also works throughout the year to build public awareness, catalyse investment, and provide mentorship to all winners and finalists around the world.

      Engagement 1:

      The Prince of Wales will join a panel session at the inaugural Earthshot Prize Innovation Camp to celebrate the impact of Earthshot Prize Finalists and global climate innovators during London Climate Action Week.

      The ‘Stories of Impact’ event will showcase inspiring news from Earthshot Prize finalists and partners, and highlight collaborations being formed to scale and accelerate progress for climate solutions.

      The Prince will meet Michael R. Bloomberg, Founder of Bloomberg Philanthropies and Global Advisor to the Earthshot Prize winners, and key partners before joining the audience and hearing the stories of three finalists who will share their progress and ambitions to date. The Prince will then join a panel session moderated by Hannah Waddingham, with Hannah Jones, Earthshot Prize Chief Executive, and Tokunboh Ishmael, Earthshot Prize Trustee, where they will reflect on the success of the Prize so far and their ambitions for its future.

      Earthshot Prize finalists spotlighted on stage include Nidhi Pant, Co-Founder of S4S Technologies, Meaghan Brosnan, CCO of WildAid, Manja Kargbo, Lead of Freetown the Treetown, Chris Kastern, Director of Growth from Abalobi and Charlot Magayi, Founder & CEO of Mukuru Clean Stoves. Throughout the day, Earthshot Prize Innovation Camp participants will hear from special guests, including Richard Curtis, Es Devlin, Amelia Kallman, Stella McCartney, as well as receive video messages from Bill Gates and Dara Khosrowshahi.

      The Earthshot Prize Innovation Camp is designed for 50 innovators reflecting the richness and diversity of the Earthshot Prize’s climate portfolio, including Earthshot Prize Finalists and other solutions. to. Throughout the day-long programme these innovators will connect with experts, investors, and business leaders to scale and accelerate capital towards transformative climate solutions. Sessions will include skill-building sessions to challenge, stretch and build on their ideas, as well as invaluable networking opportunities.

      Bloomberg Philanthropies is a Global Alliance Founding Partner of the Earthshot Prize.

      Engagement 2:

      The Prince of Wales will speak at the Breakthrough Energy Summit, an event which brings together leaders in technology, policy, science, academia, and business to collaborate on innovative climate solutions.

      Over 1,200 participants are expected to attend the 2024 Summit, which will highlight and build upon the positive momentum and actions taking place across the climate innovation space, giving a real-time look into both the potential impact of emerging technologies, and the demanding road ahead.

      His Royal Highness will meet Bill Gates, founder of Breakthrough Energy and will tour the Innovation Showcase displaying some of the leading climate innovations being developed around the world. This will include 2023 Earthshot Prize finalist Circ, a US based company which has created a ground- breaking solution to enable the recycling of polycotton fabrics. The fashion industry diverts 92 million tonnes of textiles to incinerators or landfills each year, and less than one percent is recycled into new clothing. Circ’s technology unlocks the ability to recycle synthetic textiles, thereby reducing the amount of waste that ends up in landfills and incinerators each year. The Summit will also include remarks from a 2022 Earthshot Prize winner, 44.01, which has created a way to permanently store CO2 using the natural power of mineralization.

      Breakthrough Energy is a global network of climate leaders committed to accelerating the world’s journey to a clean energy future. It is a Global Alliance Founding Partner of The Earthshot Prize and works to help scale Finalists’ visions and enable their development and deployment. The Breakthrough Energy network spans the world’s top climate researchers, innovators, investors, and policy thinkers working across the entire innovation pipeline – doing everything from funding and scaling technologies, advocating for climate smart policies, and mobilising partners to take effective action.

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