About the Court Funds Office
The Court Funds Office (CFO) provides a banking and administration service for the civil courts throughout England and Wales, including the High Court. We account for money being paid into and out of court and, as directed by the court, look after any investments made with that money. The Accountant General of the Senior Courts is responsible for the proper control of all money paid into court. Our clients are people who have money ‘held in court’. These can be:
- Children awarded damages as a result of civil legal action in a county court in England or Wales or the High Court of Justice
- Clients who lack the capacity to manage their financial affairs, leading to the Court of Protection appointing a Deputy to legally act on their behalf
Check your Deputyship Order now – it may expire
- Cases where money is held in court pending settlement of civil court action, dissenting shareholders, widows, and other clients whose funds are held under a variety of different statutes
The Court Funds Office (CFO) was established in 1726 by an Act of Parliament and the creation of the post of Accountant General of the Court of Chancery (later to become CFO).
The Head of the Court Funds Office is Eddie Bloomfield.
Any requests for payment of monies for the benefit of the child before their 18th birthday, or for the person who lacks capacity at any stage, must be made directly to the local Court responsible for administering the fund, CFO's role is to administer funds paid into court, we can only act upon courts instructions, and in line with our agreed and set investment framework.