Local Trust

Analysis

Local Trust is a registered charity in England and Wales, based in London. It was registered in May 2012, 14 years ago. Its declared purposes cover economic/community development/employment, which this site groups under community and economic development. Legally it is a charitable company (Companies House number 07833396). It says it makes grants to individuals, makes grants to organisations and provides other finance.

In the financial year ending March 2025, Local Trust reported income of £2.1m and spending of £8.8m, spending 412% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.3m to £2.1m (+69%), an average of +14% a year. The sharpest change came in the year to March 2023, when income rose by 216%. Over the whole period it spent 1110% of the income it received.

Among 1,869 England and Wales charities whose main cause is community and economic development and that reported income, Local 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 96th percentile. Charities of a similar size with the same main cause include Big Local Trust (£2.1m), STC Research Foundation (£2.1m) and Construction Industry Trust for Youth (£2.1m).

In its latest detailed accounts, income came from investments 87% and charitable activities 13%. Charitable activities took 97% of spending and raising funds 0.2%. Reserves of £32k would cover about 0 months of spending at that rate. It employed 62 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.