THE LONDON MARATHON CHARITABLE TRUST LIMITED

Charity Number: 283813
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The London Marathon Charitable Trust aims to inspire physical activity and does so by awarding grants to help make available facilities and other opportunities for physical activity.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£8,002,468

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £300.95k
Charitable activities £0
Other trading activities £0
Investments £966.57k
Other £6.73m

Total expenditure:
£50,849,609

Text alternative for this canvas graphic is in the data table below.
Raising funds £42.34m
Charitable activities £8.51m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £42.34m
Charitable expenditure £8.51m

People

11 Employee(s)

14 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£90k to £100k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Amateur Sport
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 18 January 1982: Standard registration
Organisation type:
Charitable company
Other names:
  • London Marathon Foundation (Working name)
  • LONDON MARATHON TRUST (Working name)
  • THE LONDON MARATHON (Working name)
  • THE LONDON MARATHON LIMITED (Previous name)
Company number:
01550741 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

14 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
SIR RODNEY WALKER Chair
None on record
Baroness Natalie Jessica Evans of Bowes Park Trustee 01 April 2025
None on record
Nizam Uddin Trustee 01 April 2025
KHALILI FOUNDATION
Received: 104 days late
Denise Elizabeth Stephenson Trustee 01 January 2025
None on record
Shrina Shah Trustee 01 January 2025
THE VIRGIN FOUNDATION
Received: On time
Aida Anna Cable Trustee 01 January 2025
None on record
John Tennent Trustee 17 April 2023
THE MEDICALERT FOUNDATION
Received: On time
THE CHILDREN'S AIR AMBULANCE
Received: On time
TAA SERVICE
Received: On time
Mete Coban Trustee 17 April 2023
None on record
Yogesh Patel Trustee 17 April 2023
None on record
Terry Duddy Trustee 09 December 2020
None on record
Samantha Orde Trustee 26 April 2019
ENGLISH FEDERATION OF DISABILITY SPORT
Received: On time
Dawn Austwick Trustee 25 January 2017
None on record
ALAN PETER PASCOE MBE Trustee 24 April 2015
None on record
CHARLES MADDOCK JOHNSTON Trustee 11 December 2013
None on record

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £48.17m £23.37m £35.75m £42.88m £50.12m
Total expenditure £51.16m £26.41m £30.27m £39.58m £50.85m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A £10.33k N/A N/A
Income - Donations and legacies £656.73k £1.60m £313.39k £301.05k £300.95k
Income - Other trading activities £47.26m £21.57m £35.15m £42.12m £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £249.47k £194.09k £288.84k £463.20k £966.57k
Income - Other £0 £0 £0 £0 £6.73m
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £12.26m £5.19m £1.53m £4.56m £8.51m
Expenditure - Raising funds £38.90m £21.22m £28.75m £35.02m £42.34m
Expenditure - Governance £35.28k £31.06k £31.04k £19.63k £0
Expenditure - Grants institution £11.59m £4.43m £819.78k £3.71m £8.51m
Expenditure - Investment management £0 £81.84k £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £21.42m £21.94m £21.93m £23.23m £0
Long-term investments £1.53m £6.43m £11.62m £11.35m £9.81m
Other assets £52.34m £38.07m £34.81m £34.15m £11.65m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £63.50m £57.92m £54.15m £52.74m £9.49m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 31 October 2024 On Time
Accounts and TAR 31 December 2023 31 October 2024 On Time Download Open in new window
Annual return 31 December 2022 12 October 2023 On Time
Accounts and TAR 31 December 2022 12 October 2023 On Time Download Open in new window
Annual return 31 December 2021 26 September 2022 On Time
Accounts and TAR 31 December 2021 26 September 2022 On Time Download Open in new window
Annual return 31 December 2020 17 August 2021 On Time
Accounts and TAR 31 December 2020 17 August 2021 On Time Download Open in new window
Annual return 31 December 2019 16 June 2020 On Time
Accounts and TAR 31 December 2019 16 June 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 13/03/1981 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 23/02/1982 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 03/12/1991 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/01/2004 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 07/07/2015 AS REGISTERED AT COMPANIES HOUSE ON 11 APR 2017 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 19 MAY 2021 as amended on 08 Jun 2022 as amended on 17 Jan 2023

Charitable objects

2.1 THE CHARITY'S OBJECTS ARE RESTRICTED SPECIFICALLY TO PROMOTE PARTICIPATION IN AMATEUR SPORT AND HEALTHY PHYSICAL RECREATION FOR THE BENEFIT OF THE INHABITANTS OF THOSE CITIES OR COUNTIES WHERE LMEL (OR SUCH OTHER SUBSIDIARIES OF THE CHARITY FROM TIME TO TIME) HOLDS EVENTS AND IN SUCH OTHER AREAS OF THE UNITED KINGDOM AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE AND IN PARTICULAR TO PROVIDE, PROMOTE, IMPROVE OR ASSIST IN PROVIDING, IMPROVING OR PROMOTING: A) PUBLIC FACILITIES, AMENITIES, EQUIPMENT AND SERVICES FOR HEALTHY PHYSICAL RECREATION AND PLAY; B) FACILITIES AND SERVICES FOR RECREATIONAL SPORTING OR OTHER LEISURE TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE FOR THE PUBLIC AT LARGE OR THOSE WHO BY REASON OF THEIR YOUTH, AGE, INFIRMITY, DISABLEMENT FINANCIAL HARDSHIP OR SOCIAL OR ECONOMIC CIRCUMSTANCE HAVE NEED OF SUCH FACILITIES AND SERVICES; C) THE IMPROVEMENT AND PRESERVATION OF GOOD HEALTH AND WELL-BEING THROUGH PARTICIPATION IN SPORT, PLAY AND HEALTHY PHYSICAL RECREATION; D) VOLUNTEERING IN SPORT AND HEALTHY RECREATION FOR THE BENEFIT OF THE COMMUNITY; AND E) EDUCATION AND TRAINING OF SPORTS COACHES AND SPORTS VOLUNTEERS. 2.2 NOTHING IN THESE ARTICLES SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CHARITY FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH ANY STATUTORY PROVISION REGARDING THE MEANING OF THE WORD "CHARITABLE" OR THE WORDS "CHARITABLE PURPOSES" IN FORCE IN ANY PART OF THE UNITED KINGDOM. 2.3 FOR THE PURPOSE OF THESE ARTICLES, ‘SPORT’ SHALL MEAN ANY SPORT OR GAME WHICH PROMOTES HEALTH THROUGH PHYSICAL EXERTION.

Area of benefit

The area the charity can operate in, as set out in its governing document.

SEE OBJECTS

Contact information

Address:
Marathon House
190 Great Dover Street
LONDON
SE1 4YB
Phone:
02079020215
Email:
info@londonmarathonfoundation.org
Website:

www.londonmarathonfoundation.org Open in new window