The Cheltenham Trust
Analysis
The Cheltenham Trust is a registered charity in England and Wales, based in Gloucestershire. It was registered in September 2014, 12 years ago. Its declared purposes cover arts/culture/heritage/science and recreation, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 09021431). It says it provides buildings/facilities/open space and provides services.
In the financial year ending March 2025, The Cheltenham Trust reported income of £8.3m and spending of £8.4m, spending 101% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £4.5m to £8.3m (+83%), an average of +16% a year. The sharpest change came in the year to March 2022, when income rose by 79%. Over the whole period it spent 98% 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, The Cheltenham Trust sits at the 99th 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 99th percentile. Charities of a similar size with the same main cause include The Paul Mellon Centre for Studies in British Art (£8.3m), Bernard Leach (St Ives) Trust Limited (£8.4m) and Magna Vitae (£8.1m).
In its latest detailed accounts, income came from charitable activities 72%, trading 27% and investments 1.4%. Charitable activities took 81% of spending and raising funds 19%. Reserves of £998k would cover about 1 months of spending at that rate. It employed 219 people.
Income and spending
Where the income comes from
- Donations 0.0%
- Charitable activities 72%
- Trading 27%
- Investments 1.4%
In the charity's own words
The advancement and support of education, culture, arts and heritage including the provision of museums, galleries, events and activities. The provision of facilities for recreation or other leisure time occupation in the interest of social welfare. The promotion of good health and wellbeing through community and public participation in healthy recreation and activities.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Paul Mellon Centre for Studies in British Art | London | £8.3m |
| Bernard Leach (St Ives) Trust Limited | St Ives | £8.4m |
| Magna Vitae | Lincolnshire | £8.1m |
| The National Gallery Trust | London | £8.4m |