LOCAL TRUST

Registered charity 1147511 · accounts filings on the Charity Commission register

Local Trust will undertake activities to develop the capacity and skills (including the enterprise skills) of members of socially and economically disadvantaged communities in the United Kingdom in such a way that they are better able to identify, and help meet, their needs as individuals and to improve the communities in which they live.

Causes: Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£2.1m

Latest spending

£8.8m

Registered

2012

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is preparing for a planned closure in February 2027, with total funds held at year-end amounting to £16.2m. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, supported by an expendable endowment. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Highest-paid employee band: £170,000 - £179,999 — above the 90th percentile for charities its size (median £70k)

“£170,000 - £179,999 1 0” — page 53

Per its FY2025 accounts as filed with the Charity Commission.

Employees paid over £60,000: 19

“There were 19 employees who were remunerated over £60k in the year (2024: 9 employees)” — page 53

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: £32,300 (held: £196k)

“Local Trust maintains a reserve of £32,300 to cover any unexpected costs. Trustees judge that this is appropriate, given that Local Trust has no direct staff or overhead liabilities, no direct beneficiaries, and is able to tailor its expenditure to fit its circumstances.” — page 23

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 6 of 6 completeness components.

Year-over-year changes

Top pay band moved from £130,000 - £139,999 (FY2024) to £170,000 - £179,999 (FY2025).

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

Leadership, per the charity’s website

Rachel Rowney — Chief executive (source)
Jon Fox — Deputy chief executive (source)

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).

The National Lottery Community Fund — “Established by The National Lottery Community Fund, Big Local was a fundamentally new approach to community funding which ran from 2011 to 2…” (source page)

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

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

Total income

£2.1m

Total spending

£8.8m

Cost of raising funds

£15k

Reserves (reported)

£32k

Employees

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (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: 0.7% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

DAVID TIMOTHY WARNERchair · trustee of 2 other charities
CAROLINE MACFARLAND · trustee of 1 other charity
Chris Catterall
Kate Catherine Hainsworth-Staples · trustee of 1 other charity
Nicola Pollock · trustee of 2 other charities
Patrick Melia

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/03/2025	£2.1m	£8.8m
31/03/2024	£2.9m	£17.5m
31/03/2023	£1.8m	£21.1m
31/03/2022	£556k	£26.2m
31/03/2021	£1.3m	£22.2m

Common questions

Is LOCAL TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity is preparing for a planned closure in February 2027, with total funds held at year-end amounting to £16.2m. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, supported by an expendable endowment. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Moore Kingston Smith LLP.

What does the highest-paid employee of LOCAL TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £170,000 - £179,999 band, and 19 employees earned over £60,000.

Who funds LOCAL TRUST?

Funders whose own accounts filings name LOCAL TRUST as a grant recipient include LOCAL TRUST.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

CAROLINE MACFARLAND — trustee here and at LOCAL TRUST
Chris Catterall — trustee here and at LOCAL TRUST
DAVID TIMOTHY WARNER — trustee here and at LOCAL TRUST
Kate Catherine Hainsworth-Staples — trustee here and at LOCAL TRUST
Nicola Pollock — trustee here and at LOCAL TRUST
Patrick Melia — trustee here and at LOCAL TRUST

Known funders

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

Funder	Year	Amount	Purpose (as stated by the funder)
LOCAL TRUST	FY2023	£608k	Big Local area: Distington
LOCAL TRUST	FY2023	£302k	Big Local area: North Brixton
LOCAL TRUST	FY2023	£62k	Big Local area: Dartford

Government & lottery funding

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

Funder	Date	Amount	Purpose
Calouste Gulbenkian Foundation, UK Branch	26/09/2018	£600k	Local Trust
City Bridge Foundation	11/05/2018	£2k	Grant to Local Trust

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.

Funder	Similar charities funded	Amount to them
THE BARROW CADBURY TRUST	1	£149k
TRUST FOR LONDON	1	£120k
FRIENDS PROVIDENT CHARITABLE FOUNDATION	1	£101k
THE JOSEPH ROWNTREE CHARITABLE TRUST	1	£100k
Alex Ferry Foundation	1	£70k
THE HEALTH FOUNDATION	1	£53k
EAST END COMMUNITY FOUNDATION	1	£48k
CHURCH REVITALISATION TRUST	1	£41k

Charities like this

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

BIG LOCAL TRUST income £2.1m
THE MOSS SIDE AND HULME COMMUNITY DEVELOPMENT TRUST income £356k
THE TEAMWORK TRUST income £1.2m
LUTON TOWN FC COMMUNITY TRUST income £999k
ZAWIYA TRUST LIMITED income £254k
OCEAN REGENERATION TRUST income £149k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
LOCAL TRUST	£2.1m	£170,000 - £179,999	19	unclear	—	no doubt
BIG LOCAL TRUST FY2025	£2.1m	—	19	unclear	—	no doubt
THE MOSS SIDE AND HULME COMMUNITY DEVELOPMENT TRUST FY2025	£356k	—	0	unclear	—	no doubt
THE TEAMWORK TRUST FY2025	£1.2m	—	1	below	—	no doubt
LUTON TOWN FC COMMUNITY TRUST FY2025	£999k	£60,001 - £70,000	1	below	—	no doubt
ZAWIYA TRUST LIMITED FY2025	£254k	—	0	unclear	—	no doubt

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