Romsey Mill Trust

Analysis

Romsey Mill Trust is a registered charity in England and Wales, based in Cambridge. It was registered in June 1998, 28 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and religious activities, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 03556721). It says it provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Romsey Mill Trust reported income of £1.5m and spending of £1.7m, spending 116% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.4m to £1.5m (+6.6%), an average of +1.6% a year. The sharpest change came in the year to March 2023, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Romsey Mill Trust sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Sailors' Society (£1.5m), Mary Ward Legal Centre (£1.5m) and New Life Church Milton Keynes (£1.5m).

In its latest detailed accounts, income came from charitable activities 73%, donations and legacies 14% and trading 13%. Charitable activities took 85% of spending and raising funds 14%. Reserves of £680k would cover about 5 months of spending at that rate. It employed 39 people.