PADDINGTON DEVELOPMENT TRUST

Registered charity 1080883 · accounts filings on the Charity Commission register

The promotion for the public benefit of urban or rural regeneration in areas of social and economic deprivation (and in particular within the Greater London area) by way of all or any of the following means: relief of poverty and unemplyement; the advancement of education, training or retraining; providing unemployed people with work experience; creation and improvement of businesses.

Causes: Education/training · The Prevention Or Relief Of Poverty · Accommodation/housing · Economic/community Development/employment · website · Get email alerts

Latest income
£3.2m
Latest spending
£3.3m
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity produced a deficit of £103,809 for the year ended 31 March 2025, compared to a deficit of £215,916 in the prior year. Per the trustees' report, unrestricted funds were maintained at a level equating to approximately four months' unrestricted expenditure, which is the charity's stated reserves policy target. The trustees confirm that cash reserves are sufficient to meet expenditure commitments for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Employees paid over £60,000: 3
“There was no employee whose emoluments as defined for taxation purposes amounted to over £60,000 in either year, other than the Chief Executive Officer who earned £74,688 (2024: £72,513), the Chief Financial Officer who earned £69,624 (2024: £64,285 and the Head of Contract management who earned £60,166 (2024: £64,244)” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: approximately four months' unrestricted expenditure (held: £354k)
“It is the policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity, at a level which equates to approximately four months' unrestricted expenditure.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: PDT GJ Trading Limited
“The Charitable Group is a private company limited by guarantee with one trading subsidiary, PDT GJ Trading Limited.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Boydell & Co. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Property (HM Land Registry)

5 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.2m
Total spending
£3.3m
Reserves (reported)
£494k
Employees
50

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (76% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£3.2m£3.3m
31/03/2024£3.2m£3.4m
31/03/2023£4.2m£4.1m
31/03/2022£4.4m£4.2m
31/03/2021£3.7m£3.8m

Common questions

Is PADDINGTON DEVELOPMENT TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity produced a deficit of £103,809 for the year ended 31 March 2025, compared to a deficit of £215,916 in the prior year. Per the trustees' report, unrestricted funds were maintained at a level equating to approximately four months' unrestricted expenditure, which is the charity's stated reserves policy target. The trustees confirm that cash reserves are sufficient to meet expenditure commitments for the foreseeable future. Its FY2025 accounts were audited by Boydell & Co.

Who funds PADDINGTON DEVELOPMENT TRUST?

Funders whose own accounts filings name PADDINGTON DEVELOPMENT TRUST as a grant recipient include THE EXILARCH'S FOUNDATION, TRUST FOR LONDON.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE EXILARCH'S FOUNDATIONFY2022£100kCommunity development
TRUST FOR LONDONFY2022£66kGood homes and neighbourhoods

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund28/01/2026£60kLoved & Wanted Fund - Westminster
Greater London Authority10/10/2024£70kPDT Skills Bootcamps 2024-25
City Bridge Foundation25/09/2024£56kGrant to Paddington Development Trust
The National Lottery Heritage Fund03/07/2024£250k"You Are Here: Digital stories celebrating a place and its people"
The National Lottery Community Fund31/05/2024£1.7mSWEET2
The National Lottery Community Fund25/04/2024£9kLets Grow Westbourne
The National Lottery Community Fund26/05/2023£8kPower of Planting Garden
The National Lottery Heritage Fund08/06/2022£250k"Our Shared Heritage (OSH)"
The National Lottery Community Fund07/01/2022£8kLet's Grow Westbourne
The National Lottery Heritage Fund20/07/2020£74k"COVID19 PADDINGTON DEVELOPMENT TRUST"
City Bridge Foundation13/06/2019£23kGrant to Paddington Development Trust
City Bridge Foundation21/03/2019£276kGrant to Paddington Development Trust
The National Lottery Community Fund12/05/2016£957kLon/1/4 - SWEET - Support Women into Education, Employment & Training
City Bridge Foundation17/11/2015£5kGrant to Paddington Development Trust
The National Lottery Community Fund06/11/2015£37kLon/1/4 SWEET - Support Women into Education, Employment & Training (W
City Bridge Foundation09/01/2014£80kGrant to Paddington Development Trust
The National Lottery Heritage Fund24/09/2013£4.0m"Paddington's Living Heritage at St Mary Magdalene's"
City Bridge Foundation02/12/2010£120kGrant to Paddington Development Trust
The National Lottery Community Fund04/12/2009£9k'The Re-Mix' - Community Forums and Publication Exploring Mixed Cultures

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with EAST DURHAM COMMUNITY DEVELOPMENT TRUST LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PADDINGTON DEVELOPMENT TRUST£3.2m—3above—no doubt
EAST DURHAM COMMUNITY DEVELOPMENT TRUST LTD FY2025£1.7m—0unclear—no doubt
QUAGGY DEVELOPMENT TRUST FY2025£2.7m£100,001 - £110,000—below—no doubt
MORETONHAMPSTEAD DEVELOPMENT TRUST FY2024£258k—0unclear—noted
NEW HORIZONS COMMUNITY ENTERPRISE FY2025£1.2m£100,001 - £110,000—above—no doubt
GROUNDWORK NORTH EAST FY2025£8.2m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.