Redeemer Trust Ltd

Analysis

Redeemer Trust Ltd is a registered charity in England and Wales, based in Plymouth. It was registered in July 2008, 18 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 06390847). It says it makes grants to individuals, makes grants to organisations and provides human resources.

In the financial year ending December 2025, Redeemer Trust Ltd reported income of £573k and spending of £516k, spending 90% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £296k to £573k (+94%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Redeemer Trust Ltd sits at the 88th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Kollel Binyan Simcha (£573k), Hudswell Community Charity (£573k) and MRC Community Action (£572k).

In its latest detailed accounts, income came from donations and legacies 92%, charitable activities 4.0% and trading 3.0%. Charitable activities took 89% of spending and raising funds 0.0%. Grants to other organisations totalled £10k. Reserves of £110k would cover about 2 months of spending at that rate. It employed 13 people.