TRUST FOR LONDON

Registered charity 205629 · accounts filings on the Charity Commission register · also known as CITY PAROCHIAL FOUNDATION

We are a charitable organisation that exists to reduce poverty and inequality in London. We do this by funding the voluntary and community sector and others, as well as by using our own expertise and knowledge to support work that tackles poverty and its root causes.

Causes: The Prevention Or Relief Of Poverty · Economic/community Development/employment · Human Rights/religious Or Racial Harmony/equality Or Diversity · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£10.7m
Latest spending
£16.1m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity's permanent endowment fell by £11.5m to £249m due to difficult market conditions, resulting in a net expenditure of £9.4m for the year. The trustees report that the endowment remains within their target corridor and that funds are sufficient to cover commitments through July 2027, with no material uncertainties affecting the going concern basis. The charity maintains a policy of not holding unrestricted reserves, relying instead on investment returns from its endowment to fund operations.

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

What the accounts disclose

Highest-paid employee band: £130,001 - £140,000 — above the median for charities its size (£130k)
“£130,001 and £140,000 1”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: not to maintain any unrestricted reserves (held: £4.2m)
“It is the Trust’s policy not to maintain any unrestricted reserves, this reflects the funding model where the Trust’s operational and grant-making commitments are funded from the investment returns of the permanent endowment under the total return policy adopted.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 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.
“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. As regards the future repair obligations, the potential extent of this liability is unknown and may be in place until 2053 should the original head lease signed by the Trust and BCP run to term.” — page 65
“Grants totalling £32,500 (2023: £57,500) were made by the Trust to BCP towards running costs.” — page 59
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants totalling £32,500 were made by the Trust to BCP towards running costs.
“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. As regards the future repair obligations, the potential extent of this liability is unknown and may be in place until 2053 should the original head lease signed by the Trust and BCP run to term.” — page 65
“Grants totalling £32,500 (2023: £57,500) were made by the Trust to BCP towards running costs.” — page 59
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Trust holds a 30.22% equity holding in the Social Justice and Human Rights Centre Limited.
“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. As regards the future repair obligations, the potential extent of this liability is unknown and may be in place until 2053 should the original head lease signed by the Trust and BCP run to term.” — page 65
“Grants totalling £32,500 (2023: £57,500) were made by the Trust to BCP towards running costs.” — page 59
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Resource for London, Bellingham Community Project Limited
“Resource for London operates from offices at 356 Holloway Road, a property leased to it by the Trust. It is a resource centre for charities, providing them with office and meeting space.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 5 of 6 completeness components.

Corporate structure

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.

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

Structured financials (annual return, FY ending 31/12/2025)

Total income
£10.7m
Total spending
£16.1m
Cost of raising funds
£1.2m
Reserves (reported)
£0
Employees
26

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Investments (72% 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: 11.6% of total income — above the median for charities its size (3.8%) (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
31/12/2025£10.7m£16.1m
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

Common questions

Is TRUST FOR LONDON financially healthy?

Per its FY2025 accounts: The accounts state that the charity's permanent endowment fell by £11.5m to £249m due to difficult market conditions, resulting in a net expenditure of £9.4m for the year. The trustees report that the endowment remains within their target corridor and that funds are sufficient to cover commitments through July 2027, with no material uncertainties affecting the going concern basis. The charity maintains a policy of not holding unrestricted reserves, relying instead on investment returns from its endowment to fund operations. Its FY2025 accounts were audited by HaysMac LLP.

What does the highest-paid employee of TRUST FOR LONDON earn?

Per its FY2025 accounts, the highest-paid employee was in the £130,001 - £140,000 band.

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

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

FunderYearAmountPurpose (as stated by the funder)
BRIDGE HOUSE ESTATESFY2022£2.0mRacial Justice Fund
BRIDGE HOUSE ESTATESFY2022£1.5mDisability Justice Fund
BRIDGE HOUSE ESTATESFY2024£295kBetter Temporary Accommodation for Londoners fund
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL HALLOWS BY THE TOWER WITH ST. DUNSTAN'S IN THE EAST, LONDONFY2022£40kCuracy Grant
LLOYDS BANK FOUNDATION FOR ENGLAND & WALESFY2024£20kgrant
ATTENDFY2022£11k

Government & lottery funding

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

FunderDateAmountPurpose
Unbound Philanthropy21/11/2024£150kGrant to Trust for London Trustee
City Bridge Foundation09/10/2023£395kGrant to Trust for London
City Bridge Foundation18/07/2023£65kGrant to Trust for London
City Bridge Foundation02/06/2023£13kGrant to Trust for London
City Bridge Foundation10/01/2023£25kGrant to Trust for London
Unbound Philanthropy15/11/2022£150kGrant to Trust for London Trustee
City Bridge Foundation21/03/2022£1.6mGrant to Trust for London
City Bridge Foundation21/03/2022£2.0mGrant to Trust for London
City Bridge Foundation12/01/2022£35kGrant to Trust for London
City Bridge Foundation15/09/2021£840kGrant to Trust for London
Unbound Philanthropy28/07/2020£150kGrant to Trust for London Trustee
City Bridge Foundation30/01/2020£400kGrant to Trust for London
Unbound Philanthropy13/07/2018£150kGrant to Trust for London Trustee
City Bridge Foundation06/07/2018£300kGrant to Trust for London
City Bridge Foundation14/03/2018£300kGrant to Trust for London
City Bridge Foundation20/09/2017£100kGrant to Trust for London
City Bridge Foundation24/11/2016£62kGrant to Trust for London

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 THE RESOLUTION TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TRUST FOR LONDON£10.7m£130,001 - £140,000—unclear—no doubt
THE RESOLUTION TRUST FY2025£842k—0unclear—no doubt
THE CONSTANCE TRAVIS CHARITABLE TRUST FY2025£3.3m—0below0.0%no doubt
THE EQUALITY TRUST FY2025£430k—0above—no doubt
BUILDING COMMUNITIES TRUSTEE LIMITED FY2025£192k——below—no doubt
TS TRUST FY2024£533k—0below—noted

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