Charity Accounts Intelreading the accounts so you don’t have to

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

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.

What the accounts disclose

Highest-paid employee band: £330,001 - £340,000 — above the 90th percentile for charities its size (median £125k)
“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.

Year-over-year changes

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

Corporate structure

Funders the charity credits

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

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).

Trustees

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?

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.

FunderYearAmount
ACTIVE ESSEX FOUNDATIONFY2024£14k
CHELTENHAM ROUND TABLE CHARITABLE TRUST FUNDFY2023£800
THE QUILTER FOUNDATIONFY2024£786

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
THE CRUCIBLE FOUNDATION1£110k
THE WESTMINSTER FOUNDATION1£66k
CBRE UK CHARITABLE TRUST1£50k
SWEATY BETTY FOUNDATION1£20k
THE SYNCONA FOUNDATION1£17k
THE ADRIAN SWIRE CHARITABLE TRUST1£15k
THE 3 TS CHARITABLE TRUST1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HQR LONDON CHARITABLE FOUNDATION.