TRUST FOR LONDON
Financial health, per its FY2024 accounts
The accounts state that the charity's total net assets were £299.6m, comprising a permanent endowment of £260.1m and restricted funds of £8.8m. The trustees report that the endowment value stabilised in 2024, falling slightly to £260m, and note that the organisation is well-placed to manage business risks with no material uncertainties affecting its ability to continue.
What the accounts disclose
“It is the Trust’s policy not to maintain any unrestricted reserves as ongoing working capital is available from the endowment under the total return policy adopted.” — page 55
“The Trust has agreed to take on 90% of the costs of the repair obligations for the leisure centre falling to its subsidiary Bellingham Community Project Limited (BCP) under the lease with London Borough of Lewisham.” — page 99
“Grants totalling £57,500 (2023: £50,000) were made by the Trust to BCP towards running costs.” — page 97
“The Trust has agreed to take on 90% of the costs of the repair obligations for the leisure centre falling to its subsidiary Bellingham Community Project Limited (BCP) under the lease with London Borough of Lewisham.” — page 99
“Grants totalling £57,500 (2023: £50,000) were made by the Trust to BCP towards running costs.” — page 97
“The Trust has agreed to take on 90% of the costs of the repair obligations for the leisure centre falling to its subsidiary Bellingham Community Project Limited (BCP) under the lease with London Borough of Lewisham.” — page 99
“Grants totalling £57,500 (2023: £50,000) were made by the Trust to BCP towards running costs.” — page 97
Leadership, per the charity’s website
- Heather Taylor — Director of Finance
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (10/05/2024)
Trustees
- TRUST FOR LONDON TRUSTEE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £10.0m | £19.9m |
| 31/12/2023 | £11.4m | £23.0m |
| 31/12/2022 | £13.4m | £30.1m |
| 31/12/2021 | £9.4m | £40.4m |
| 31/12/2020 | £10.3m | £25.4m |
Common questions
Is TRUST FOR LONDON financially healthy?
The accounts state that the charity's total net assets were £299.6m, comprising a permanent endowment of £260.1m and restricted funds of £8.8m. The trustees report that the endowment value stabilised in 2024, falling slightly to £260m, and note that the organisation is well-placed to manage business risks with no material uncertainties affecting its ability to continue. Its FY2024 accounts were audited by HaysMac LLP.
Who funds TRUST FOR LONDON?
Funders whose own accounts filings name TRUST FOR LONDON as a grant recipient include BRIDGE HOUSE ESTATES, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL HALLOWS BY THE TOWER WITH ST. DUNSTAN'S IN THE EAST, LONDON, LLOYDS BANK FOUNDATION FOR ENGLAND & WALES, ATTEND.
Known funders
| Funder | Year | Amount |
|---|---|---|
| BRIDGE HOUSE ESTATES | FY2024 | £295k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL HALLOWS BY THE TOWER WITH ST. DUNSTAN'S IN THE EAST, LONDON | FY2022 | £40k |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | FY2024 | £20k |
| ATTEND | FY2022 | £11k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MOUNDFIELD CHARITIES LIMITED | 1 | £50k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |
| RINA CHARITABLE TRUST | 1 | £28k |
| THE BENZI DUNNER SCHOOLS TRUST | 1 | £27k |
| NEWPIER CHARITY LIMITED | 1 | £17k |