Canal & River Trust
Analysis
Canal & River Trust is a registered charity in England and Wales, based in Cheshire. It was registered in April 2012, 14 years ago. Its declared purposes cover education/training, arts/culture/heritage/science, environment/conservation/heritage and economic/community development/employment, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 07807276). It says it provides buildings/facilities/open space and provides advocacy/advice/information.
In the financial year ending March 2025, Canal & River Trust reported income of £232.6m and spending of £233.4m, spending 100% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £215.4m to £232.6m (+8.0%), an average of +1.9% a year. Over the whole period it spent 105% 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, Canal & River Trust sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include University of Wales:trinity Saint David (£209.8m), The Arts Council of England (£843.1m) and Royal Opera House Covent Garden Foundation (£182.1m).
In its latest detailed accounts, income came from trading 43%, charitable activities 32%, investments 22% and donations and legacies 2.9%. Gifts in wills alone brought in £338k. Charitable activities took 79% of spending and raising funds 20%. Reserves of £852.6m would cover about 44 months of spending at that rate. It employed 1,805 people.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Donations 2.7%
- Legacies 0.1%
- Charitable activities 32%
- Trading 43%
- Investments 22%
- Other 0.2%
In the charity's own words
Canal & River Trust is the charitable operator and guardian of 2,000 miles of historic waterways across England and Wales. In addition to caring for the waterways so that they are available for the public to enjoy, the Trust maintains the nations' third largest collection of listed heritage structures, as well as museums, archives, and hundreds of important wildlife sites.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| University of Wales:trinity Saint David | United Kingdom | £209.8m |
| The Arts Council of England | Manchester | £843.1m |
| Royal Opera House Covent Garden Foundation | London | £182.1m |
| The English Heritage Trust | London | £155.2m |