The Victory Trust

Analysis

The Victory Trust is a registered charity in England and Wales, based in Cheltenham. It was registered in March 1966, 60 years ago. Its declared purposes cover general charitable purposes and recreation, which this site groups under amateur sport and recreation. It says it makes grants to individuals, makes grants to organisations and provides buildings/facilities/open space.

In the financial year ending March 2025, The Victory Trust reported income of £57k and spending of £64k, spending 113% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £15k to £57k (+269%), an average of +39% a year. The sharpest change came in the year to March 2023, when income rose by 1097%. Over the whole period it spent 160% of the income it received.

Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, The Victory Trust sits at the 76th percentile: it is larger than about 76% of them. Against every charity in England and Wales with reported income it ranks in the 63rd percentile. Charities of a similar size with the same main cause include Plymouth District Scout Council (£57k), Martlesham Community Hall (£57k) and Kilham Playing Field Association (£57k).

Data notes from the register: The latest annual return was received after its deadline. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.