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THE LONDON MARATHON CHARITABLE TRUST LIMITED

Registered charity 283813 · accounts filings on the Charity Commission register · also known as LONDON MARATHON TRUST, London Marathon Foundation, THE LONDON MARATHON, THE LONDON MARATHON LIMITED

London Marathon Foundation, the operating name of The London Marathon Charitable Trust, aims to inspire physical activity. It does so by awarding grants to help make available facilities and opportunities and by direct delivery to help the least active children, young people and adults from underserved communities get active.

Causes: Disability · Amateur Sport · Human Rights/religious Or Racial Harmony/equality Or Diversity · Recreation · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£62.7m
Latest spending
£57.8m
Registered
1982
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total unrestricted funds increased to £20,268,631, with net income for the year reaching £4,914,465. The trustees confirm the group has adequate resources to continue operations for at least twelve months, with no material uncertainties identified regarding going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £330,001 - £340,000 — above the 90th percentile for charities its size (median £130k)
“In the band £330,001 - £340,000 1”
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Alan Pascoe and Terry Duddy received remuneration as directors of subsidiary LME.
“The Trust has received approval from the Charities Commission for two of the trustees, Alan Pascoe and Terry Duddy, to be paid as directors of the Trust's subsidiary entity LME. The total remuneration paid was £24,245 (2023: £22,000).” — page 67
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Gift Aid donation from London Marathon Events Limited (LME)
“A gift aid donation of £10,572,135 (2023: £6,734,953) has been accrued at the year end. London Marathon Events Limited (LME) charged the parent £40,000 (2023: £15,000) during the year for administration services provided. At the year end LME owed £10,507,298 (2023: LME owed £6,757,956) to LMCT.” — page 88
“A Trustee, Sam Orde, is Chair of Activity Alliance. In the year purchases of £12,899 (2023: £Nil). There were no amounts outstanding at the year end.” — page 88
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Sam Orde purchases from Activity Alliance
“A gift aid donation of £10,572,135 (2023: £6,734,953) has been accrued at the year end. London Marathon Events Limited (LME) charged the parent £40,000 (2023: £15,000) during the year for administration services provided. At the year end LME owed £10,507,298 (2023: LME owed £6,757,956) to LMCT.” — page 88
“A Trustee, Sam Orde, is Chair of Activity Alliance. In the year purchases of £12,899 (2023: £Nil). There were no amounts outstanding at the year end.” — page 88
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: LME directors donations to LMCT
“A gift aid donation of £10,572,135 (2023: £6,734,953) has been accrued at the year end. London Marathon Events Limited (LME) charged the parent £40,000 (2023: £15,000) during the year for administration services provided. At the year end LME owed £10,507,298 (2023: LME owed £6,757,956) to LMCT.” — page 88
“A Trustee, Sam Orde, is Chair of Activity Alliance. In the year purchases of £12,899 (2023: £Nil). There were no amounts outstanding at the year end.” — page 88
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Maverick Corp Limited rental payment to TOA Holdings Limited
“A gift aid donation of £10,572,135 (2023: £6,734,953) has been accrued at the year end. London Marathon Events Limited (LME) charged the parent £40,000 (2023: £15,000) during the year for administration services provided. At the year end LME owed £10,507,298 (2023: LME owed £6,757,956) to LMCT.” — page 88
“A Trustee, Sam Orde, is Chair of Activity Alliance. In the year purchases of £12,899 (2023: £Nil). There were no amounts outstanding at the year end.” — page 88
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: London Marathon Events Limited, Running High Events Limited, Caledonian Concepts (Scotland) Limited, Loch Ness Marathon Limited, Maverick Corp Ltd
“The Trust owns the whole of the share capital of London Marathon Events Limited, Running High Events Limited, Caledonian Concepts (Scotland) Limited, Loch Ness Marathon Limited and 50.1% share of Maverick Corp Ltd. These subsidiaries are responsible for generating income from the staging of various Marathons and other events.” — page 55
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Corporate structure

RUNNING HIGH EVENTS LIMITED — latest Companies House iXBRL filing (balance sheet 31 December 2025)
  • Profit/loss before tax: £-14k
  • Equity: £100
  • Average employees: 0.02
MAVERICK CORP LTD — latest Companies House iXBRL filing (balance sheet 31 December 2025)
  • Profit/loss before tax: £46k
  • Equity: £101
  • Average employees: 0.08
CALEDONIAN CONCEPTS (SCOTLAND) LIMITED — latest Companies House iXBRL filing (balance sheet 31 December 2025)
  • Profit/loss before tax: £87k
  • Equity: £2
  • Average employees: 0.05
LOCH NESS MARATHON LIMITED — latest Companies House iXBRL filing (balance sheet 31 December 2025)
  • Profit/loss before tax: £149k
  • Equity: £2
  • Average employees: 0.04
LONDON MARATHON EVENTS LIMITED — per its own Companies House accounts
  • Turnover: £59.8m
  • Profit before tax: £12.0m
  • Donated/gift-aided to the charity: £10.6m
  • Amount owed to parent charity (LMCT) at year end: £10,507,298
“A gift aid donation of £10,572,135 (2023: £6,734,953) has been accrued at the year end.”
RUNNING HIGH EVENTS LIMITED — per its own Companies House accounts
  • Profit before tax: £-14k
  • 1,680
CALEDONIAN CONCEPTS (SCOTLAND) LIMITED — per its own Companies House accounts
  • Profit before tax: £87k
  • Donated/gift-aided to the charity: £237k
  • Acquisition of subsidiary by London Marathon Events Limited in October 2024; £3,712 owed by group undertakings.
“Dividends totalling £237,380 (31 January 2024 - £200,000) were paid in the year in respect of shares held by the company's directors.”
MAVERICK CORP LTD — per its own Companies House accounts
  • Profit before tax: £46k
  • London Marathon Events Limited acquired 50.1% of share capital in Jan 2024; ultimate parent is London Marathon Charitable Trust Limited.
LOCH NESS MARATHON LIMITED — per its own Companies House accounts
  • Profit before tax: £149k
  • 3712

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

4 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold); recorded price paid £19.3m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£62.7m
Total spending
£57.8m
Cost of raising funds
£49.7m
Reserves (reported)
£15.7m
Employees
11

Reported reserves equal ~3.3 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Other trading activities (98% 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: 79.2% of total income — above the 90th percentile for charities its size (median 3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£62.7m£57.8m
31/12/2023£50.1m£50.8m
31/12/2022£42.9m£39.6m
31/12/2021£35.8m£30.3m
31/12/2020£23.4m£26.4m

Common questions

Is THE LONDON MARATHON CHARITABLE TRUST LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that total unrestricted funds increased to £20,268,631, with net income for the year reaching £4,914,465. The trustees confirm the group has adequate resources to continue operations for at least twelve months, with no material uncertainties identified regarding going concern. Its FY2024 accounts were audited by Crowe U.K. LLP.

What does the highest-paid employee of THE LONDON MARATHON CHARITABLE TRUST LIMITED earn?

Per its FY2024 accounts, the highest-paid employee was in the £330,001 - £340,000 band.

Who funds THE LONDON MARATHON CHARITABLE TRUST LIMITED?

Funders whose own accounts filings name THE LONDON MARATHON CHARITABLE TRUST LIMITED as a grant recipient include ACTIVE ESSEX FOUNDATION, CHELTENHAM ROUND TABLE CHARITABLE TRUST FUND, THE QUILTER FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
ACTIVE ESSEX FOUNDATIONFY2024£14kLondon Marathon - core costs and capacity building of AEF and Locally Trusted Organisations.
CHELTENHAM ROUND TABLE CHARITABLE TRUST FUNDFY2023£800
THE QUILTER FOUNDATIONFY2024£786Health & Wellbeing
THE QUILTER FOUNDATIONFY2023£786Local Community Fund

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.

FunderSimilar charities fundedAmount to them
BRIDGE HOUSE ESTATES1£1.0m
TRUST FOR LONDON1£800k
THE WESTMINSTER FOUNDATION1£162k
THE CRUCIBLE FOUNDATION1£160k
THE SYNCONA FOUNDATION1£77k
THE ALLEN OVERY SHEARMAN STERLING FOUNDATION1£55k
CBRE UK CHARITABLE TRUST1£51k
THE NORTON ROSE FULBRIGHT CHARITABLE FOUNDATION1£41k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with LONDON YOUTH SPORTS TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE LONDON MARATHON CHARITABLE TRUST LIMITED£62.7m£330,001 - £340,000—unclear—no doubt
LONDON YOUTH SPORTS TRUST LIMITED FY2025£199k—0above—no doubt
HQR LONDON CHARITABLE FOUNDATION FY2025£340k—0unclear—no doubt
LTA TENNIS FOUNDATION FY2025£4.0m—0above—no doubt
THE LANCASHIRE FOUNDATION FY2024£956k—0above—no doubt
LONDON SPORT FY2025£3.7m> £120,0002unclear—no doubt

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