THE TRAIDCRAFT EXCHANGE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £31,772 for the year ended 31 March 2025, a significant improvement from the £544,381 deficit in the prior year. Total income was £3,474,812, while total expenditure was £3,506,584, resulting in a slight underspend against the budgeted income but an overspend against the budgeted expenditure. The trustees confirm the charity has adequate resources to continue as a going concern.
What the accounts disclose
“The trustees consider it prudent that Traidcraft Exchange should seek to maintain unrestricted reserves at a level sufficient to meet matched funding requirements, budgeted staff, overheads and fundraising costs.” — page 11
“The financial statements comprise the accounts of the Traidcraft Exchange and Traidcraft Services India Private Limited, a subsidiary of Traidcraft Exchange.” — page 3
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (05/06/2026)
- Received assets from another charity (21/03/2024)
- Received assets from another charity (29/03/2022)
Trustees
- Adamson Richard Nsimba
- Anita Cheria
- DAVID PAIN
- France Villeneuve
- Judith Kirton-Darling
- Karimi Kinoti
- Laurence Sewell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.5m | £3.5m |
| 31/03/2024 | £3.4m | £3.9m |
| 31/03/2023 | £3.2m | £4.4m |
| 31/03/2022 | £4.2m | £3.5m |
| 31/03/2021 | £3.8m | £3.3m |
Common questions
Is THE TRAIDCRAFT EXCHANGE financially healthy?
The accounts state that the charity reported a net deficit of £31,772 for the year ended 31 March 2025, a significant improvement from the £544,381 deficit in the prior year. Total income was £3,474,812, while total expenditure was £3,506,584, resulting in a slight underspend against the budgeted income but an overspend against the budgeted expenditure. The trustees confirm the charity has adequate resources to continue as a going concern. Its FY2025 accounts were audited by S&W Audit.
Who funds THE TRAIDCRAFT EXCHANGE?
Funders whose own accounts filings name THE TRAIDCRAFT EXCHANGE as a grant recipient include ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT, HALCROW FOUNDATION, H C D MEMORIAL FUND, SOCIETY OF THE SACRED HEART CIO, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN, NEVILLE'S CROSS, DURHAM.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KUSUMA TRUST UK | 1 | £25k |
| THE A B CHARITABLE TRUST | 1 | £25k |
| The William Brake Foundation | 1 | £25k |
| THE INNHOLDERS' CHARITABLE FOUNDATION | 1 | £15k |
| THE EVAN CORNISH FOUNDATION | 1 | £5k |