REDEEMER TRUST LTD

Registered charity 1125216 · accounts filings on the Charity Commission register · also known as WATERFRONT CITY TRUST LTD

Activities include building the local church to become "Communities within communities serving throughout the city"; training, equipping and sending out church planters and workers; running Alpha courses; work with students (local and international); local mother and toddler group; work with local youth.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£529k
Latest spending
£464k
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net incoming resource of £64,703 for the year, resulting in a surplus. Total unrestricted reserves stood at £158,421, which is above the stated policy target of £56,000 for the Plymouth operational reserve. The trustees confirmed the charity is in a strong financial position with sufficient funds to meet foreseeable needs.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Trustees and related parties made donations to the trust.
“The total aggregate donations made to the trust during the year by Trustees and related parties came to £50,510 (2023: £60,752)” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold); recorded price paid £385k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/12/2024)

Total income
£529k
Total spending
£464k
Reserves (reported)
£158k
Employees
14

Reported reserves equal ~4.1 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (87% 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 (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Cornwall · Devon · Plymouth City

Income and spending

Financial year endIncomeSpending
31/12/2024£529k£464k
31/12/2023£482k£409k
31/12/2022£397k£390k
31/12/2021£296k£268k
31/12/2020£219k£210k

Common questions

Is REDEEMER TRUST LTD financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource of £64,703 for the year, resulting in a surplus. Total unrestricted reserves stood at £158,421, which is above the stated policy target of £56,000 for the Plymouth operational reserve. The trustees confirmed the charity is in a strong financial position with sufficient funds to meet foreseeable needs. Its FY2024 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund19/09/2024£20kFACILITATING COMMUNITY CONNECTION FOR ALL
The National Lottery Community Fund12/05/2023£10kBUILDING COMMUNITY CONNECTION REDUCING ISOLATION AND LONELINESS
The National Lottery Community Fund03/12/2021£10kINCLUSIVE COMMUNITY FRIENDSHIP CAFE & ACTIVITIES
The National Lottery Community Fund17/10/2019£10kCOMMUNITY CONNECTIONS PROJECT
The National Lottery Community Fund18/01/2017£5kImpact Youth
The National Lottery Community Fund11/08/2011£5kImpact Youth

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.

FunderSimilar charities fundedAmount to them
TRINITY CHURCH WEST LONDON1£9k
GRACE CHURCH EXETER1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE REDEEMER TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
REDEEMER TRUST LTD£529k—0above—no doubt
THE REDEEMER TRUST FY2025£233k—0above—no doubt
REDEEMER WINCHESTER FY2025£324k—0above—no doubt
REDEEMED CHRISTIAN CHURCH OF GOD, TRUE VINE CENTRE FY2025£147k—0unclear—no doubt
REDEEMER CHURCH CHESTER LE STREET FY2025£186k—0unclear—no doubt
REDEEMER CHURCH LONDON FY2025£811k£60,001 - £70,0001above—no doubt

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