Paddington Development Trust
Analysis
Paddington Development Trust is a registered charity in England and Wales, based in London. It was registered in May 2000, 26 years ago. Its declared purposes cover education/training, the prevention or relief of poverty, accommodation/housing and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 03652559). It says it provides other finance, provides buildings/facilities/open space and provides advocacy/advice/information.
In the financial year ending March 2025, Paddington Development Trust reported income of £3.2m and spending of £3.3m, spending 103% of its income. Across the 5 years on record, from March 2021 to March 2025, income fell from £3.7m to £3.2m (-14%), an average of -3.7% a year. The sharpest change came in the year to March 2024, when income dropped by 22%. Over the whole period it spent 100% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Paddington Development Trust sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include Buttle UK (£3.2m), Self Help Africa (UK) (£3.2m) and Give It Forward Today (£3.2m).
In its latest detailed accounts, income came from charitable activities 76% and donations and legacies 5.3%. Charitable activities took 99% of spending and raising funds 0.0%. Grants to other organisations totalled £217k. Reserves of £494k would cover about 2 months of spending at that rate. It employed 50 people.
Income and spending
Where the income comes from
- Donations 5.3%
- Charitable activities 76%
- Investments 0.2%
- Other 18%
In the charity's own words
The promotion for the public benefit of urban or rural regeneration in areas of social and economic deprivation (and in particular within the Greater London area) by way of all or any of the following means: relief of poverty and unemplyement; the advancement of education, training or retraining; providing unemployed people with work experience; creation and improvement of businesses.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Buttle UK | London | £3.2m |
| Self Help Africa (UK) | Shrewsbury | £3.2m |
| Give It Forward Today | London | £3.2m |
| Huggard | Cardiff | £3.2m |