Heartlands Trust

Analysis

Heartlands Trust is a registered charity in England and Wales, based in Penryn. It was registered in June 2011, 15 years ago. Its declared purposes cover general charitable purposes, education/training, arts/culture/heritage/science and amateur sport, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 07295659). It says it provides buildings/facilities/open space.

In the financial year ending March 2023, Heartlands Trust reported income of £919k and spending of £1.2m, spending 134% of what it took in. Across the 3 years on record, from March 2021 to March 2023, income fell from £1.2m to £919k (-24%), an average of -13% a year. The sharpest change came in the year to March 2023, when income dropped by 25%. Over the whole period it spent 95% of the income it received.

Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, Heartlands 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 93rd percentile. Charities of a similar size with the same main cause include The Library and Museum Charitable Trust of the United Grand Lodge (£916k), The Daiwa Anglo-Japanese Foundation (£920k) and The Line Art Walk (£916k).

In its latest detailed accounts, income came from trading 97% and donations and legacies 3.5%. Charitable activities took 76% of spending and raising funds 24%. Reserves of £106k would cover about 1 months of spending at that rate. It employed 28 people.

Data notes from the register: The register marks this charity as being in administration.