TRUST FOR LONDON
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.
Objects
THE OBJECTS OF THE CHARITY ARE:(1) FOR THE CENTRAL FUND: ANY CHARITABLE PURPOSES, OTHER THAN THE ADVANCEMENT OF RELIGION, WHICH ARE DIRECTED TO THE BENEFIT OF POOR INHABITANTS IN THE AREA OF BENEFIT; AND (2) FOR THE CITY CHURCH FUND: THE ADVANCEMENT OF RELIGION BY(A) THE REPAIR, RESTORATION OR PRESERVATION OF THE FABRIC AND CONTENTS OF THE CHURCHES AND THE MAINTENANCE OF SERVICES THEREIN;(B) THE AUGMENTATION OF CLERICAL STIPENDS;(C) GIVING THEOLOGICAL INSTRUCTION TO PERSONS PREPARING FOR HOLY ORDERS;(D) EXTENDING THE BENEFIT OF CLERICAL OR SPIRITUAL MINISTRATIONS IN ACCORDANCE WITH THE DOCTRINES OR BY THE MINISTERS OF THE CHURCH OF ENGLAND AS BY THE LAW ESTABLISHED IN THE AREA OF BENEFIT.
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.
What the accounts disclose
“£130,001 and £140,000 1”
“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
“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
“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
“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
“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.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Employees paid over £60,000: 12 (£60,001–£70,000: 7; £70,001–£80,000: 2; £90,001–£100,000: 2; £130,001–£140,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Employees paid over £60,000: 13 (£60,001–£70,000: 7; £70,001–£80,000: 1; £80,001–£90,000: 3; £90,001–£100,000: 1; £130,001–£140,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Employees paid over £60,000: 10 (£60,001–£70,000: 5; £70,001–£80,000: 3; £80,001–£90,000: 1; £110,001–£120,000: 1)
- Grant-making is its main activity
Corporate structure
- Trading subsidiary: RESOURCE FOR LONDON Companies House 02676631
- Trading subsidiary: BELLINGHAM COMMUNITY PROJECT LIMITED Companies House 02773345
- Turnover: £419k
- Creditors: Amounts falling due after one year included £50,000 owed to parent charity (Trust for London) in 2024; this was £0 in 2025.
- Turnover: £119k
- Profit before tax: £-104k
- Donated/gift-aided to the charity: £33k
- Subsidiary balance due from Bellingham Community Management Charity Limited: £3,916
“A grant of £32,500 (2024: £57,500) was received from Trust for London, the parent organisation.”
Leadership, per the charity’s website
- Heather Taylor — Director of Finance
Advertised salaries (public job ads)
- Grants manager poverty premium (maternity cover) — £60,970 per annum (pro rated £30,485 for 17.5 hours per week to £36,582 for 21 hours per week)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (10/05/2024)
Trustees
- TRUST FOR LONDON TRUSTEE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £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, LLOYDS BANK FOUNDATION FOR ENGLAND & WALES, ATTEND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| BRIDGE HOUSE ESTATES | FY2022 | £2.0m | Racial Justice Fund |
| BRIDGE HOUSE ESTATES | FY2022 | £1.5m | Disability Justice Fund |
| BRIDGE HOUSE ESTATES | FY2024 | £295k | Better 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, LONDON | FY2022 | Unverified read£40k | Curacy Grant |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | FY2024 | £20k | grant |
| ATTEND | FY2022 | £11k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Unbound Philanthropy | 21/11/2024 | £150k | Grant to Trust for London Trustee |
| City Bridge Foundation | 09/10/2023 | £395k | Grant to Trust for London |
| City Bridge Foundation | 18/07/2023 | £65k | Grant to Trust for London |
| City Bridge Foundation | 02/06/2023 | £13k | Grant to Trust for London |
| City Bridge Foundation | 10/01/2023 | £25k | Grant to Trust for London |
| Unbound Philanthropy | 15/11/2022 | £150k | Grant to Trust for London Trustee |
| City Bridge Foundation | 21/03/2022 | £1.6m | Grant to Trust for London |
| City Bridge Foundation | 21/03/2022 | £2.0m | Grant to Trust for London |
| City Bridge Foundation | 12/01/2022 | £35k | Grant to Trust for London |
| City Bridge Foundation | 15/09/2021 | £840k | Grant to Trust for London |
| Unbound Philanthropy | 28/07/2020 | £150k | Grant to Trust for London Trustee |
| City Bridge Foundation | 30/01/2020 | £400k | Grant to Trust for London |
| Unbound Philanthropy | 13/07/2018 | £150k | Grant to Trust for London Trustee |
| City Bridge Foundation | 06/07/2018 | £300k | Grant to Trust for London |
| City Bridge Foundation | 14/03/2018 | £300k | Grant to Trust for London |
| City Bridge Foundation | 20/09/2017 | £100k | Grant to Trust for London |
| City Bridge Foundation | 24/11/2016 | £62k | Grant to Trust for London |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £4.0m |
| THE WESTMINSTER FOUNDATION | 1 | £162k |
| THE CRUCIBLE FOUNDATION | 1 | £160k |
| THE NORTON ROSE FULBRIGHT CHARITABLE FOUNDATION | 1 | £82k |
| THE SYNCONA FOUNDATION | 1 | £77k |
| QUARTET COMMUNITY FOUNDATION | 1 | £62k |
| FRIENDS PROVIDENT CHARITABLE FOUNDATION | 1 | £56k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £55k |
Charities like this
- THE HERITAGE OF LONDON TRUST LIMITED
- TRUSTEES OF THE LONDON CLINIC LIMITED
- LONDON EDUCATION TRUST
- THE LONDON COMMUNITY FOUNDATION
- CENTRE FOR LONDON
- THE TRUST FOR DEVELOPING COMMUNITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TRUST FOR LONDON | £10.7m | £130,001 - £140,000 | — | unclear | — | no doubt |
| THE HERITAGE OF LONDON TRUST LIMITED | £808k | £90,000 + | 1 | unclear | — | no doubt |
| TRUSTEES OF THE LONDON CLINIC LIMITED | £196.1m | £700,001 - £710,000 | — | unclear | — | no doubt |
| LONDON EDUCATION TRUST | £231k | — | 0 | unclear | — | no doubt |
| THE LONDON COMMUNITY FOUNDATION | £9.3m | — | — | within | — | no doubt |
| CENTRE FOR LONDON | £645k | £90,000 - £100,000 | 1 | below | 3.7% | no doubt |