Gear Trust UK
Analysis
Gear Trust UK is a registered charity in England and Wales, based in Bromley. It was registered in December 2021, 5 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and the prevention or relief of poverty, which this site groups under health and saving lives. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals and makes grants to organisations.
In the financial year ending December 2025, Gear Trust UK reported income of £1.0m and spending of £1.2m, spending 119% of what it took in. Across the 4 years on record, from December 2022 to December 2025, income grew from £525k to £1.0m (+92%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 96% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Gear Trust UK sits at the 89th percentile: it is larger than about 89% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include Age Concern Norfolk (£1.0m), World Council of Enterostomal Therapists (£1.0m) and The Migraine Trust (£1.0m).
In its latest detailed accounts, income came from donations and legacies 100%. Charitable activities took 100% of spending and raising funds 0.0%.
Income and spending
Where the income comes from
- Donations 100%
In the charity's own words
1. Provision of micro finance including loans and/or equity funding for small enterprises;2. Provision of assistance in the establishment of small businesses and the provision of support for small businesses owned by and primarily employing those in poverty or financial hardship;3. Promote education by awarding scholarships etc;4. Provision of food and medical treatment for poor people.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Age Concern Norfolk | Norwich | £1.0m |
| World Council of Enterostomal Therapists | 01719 | £1.0m |
| The Migraine Trust | London | £1.0m |
| York Mind (Incorporating Our Celebration) Ltd | York | £1.0m |