Question 1

What is the mission of PADDINGTON DEVELOPMENT TRUST?

Accepted Answer

The promotion for the public benefit of urban or rural regeneration in areas of social and economic deprivation (and in particular within the Greater London area) by way of all or any of the following means: relief of poverty and unemplyement; the advancement of education, training or retraining; providing unemployed people with work experience; creation and improvement of businesses.

Question 2

What is the financial size of PADDINGTON DEVELOPMENT TRUST?

Accepted Answer

PADDINGTON DEVELOPMENT TRUST is classified as a large charity. In the latest financial year, they reported a total income of £3,190,042 and total expenditure of £3,293,851.

Question 3

How does PADDINGTON DEVELOPMENT TRUST allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of PADDINGTON DEVELOPMENT TRUST?

Accepted Answer

PADDINGTON DEVELOPMENT TRUST employs 50 staff members and is supported by 85 volunteers.

Question 5

Does PADDINGTON DEVELOPMENT TRUST receive government funding?

Accepted Answer

Yes. Approximately 67.5% of their income comes from government grants or contracts.

Question 6

Does PADDINGTON DEVELOPMENT TRUST pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

PADDINGTON DEVELOPMENT TRUST

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