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.
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.”
Corporate structure
- Trading subsidiary: RESOURCE FOR LONDON Companies House 02676631
- Trading subsidiary: BELLINGHAM COMMUNITY PROJECT LIMITED Companies House 02773345
Leadership, per the charity’s website
- Heather Taylor — Director of Finance
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, 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 | 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 | £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 NATIONWIDE FOUNDATION | 1 | £1.9m |
| THE BARROW CADBURY TRUST | 1 | £149k |
| FRIENDS PROVIDENT CHARITABLE FOUNDATION | 1 | £101k |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £100k |
| THE WESTMINSTER FOUNDATION | 1 | £94k |
| Alex Ferry Foundation | 1 | £70k |
| THE HEALTH FOUNDATION | 1 | £53k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £50k |
Charities like this
- THE RESOLUTION TRUST
- THE CONSTANCE TRAVIS CHARITABLE TRUST
- THE EQUALITY TRUST
- BUILDING COMMUNITIES TRUSTEE LIMITED
- TS TRUST
- THE ZACCHAEUS 2000 TRUST
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 RESOLUTION TRUST | £842k | — | 0 | unclear | — | no doubt |
| THE CONSTANCE TRAVIS CHARITABLE TRUST | £3.3m | — | 0 | below | 0.0% | no doubt |
| THE EQUALITY TRUST | £430k | — | 0 | above | — | no doubt |
| BUILDING COMMUNITIES TRUSTEE LIMITED | £192k | — | — | below | — | no doubt |
| TS TRUST | £533k | — | 0 | below | — | noted |