Charity Accounts Intelreading the accounts so you don’t have to

FRIENDS OF TREAD

Registered charity 1081400 · accounts filings on the Charity Commission register · also known as TREAD

Friends of TREAD is occupied with fundraising for and the governance of various projects established in South India through TREAD India Trust. These projects support children, young people and their families through education and relief of poverty.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Accommodation/housing · website · Get email alerts

Latest income
£41k
Latest spending
£50k
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is using up its unrestricted reserves to fund ongoing work in India, resulting in a net outgoing resource of £9,199 for the year. The trustees note that they will need to reduce payments to TREAD India Trust in the following financial year to align expenditure with income. Despite this drawdown, the charity maintains that its current reserve levels are sufficient to cover immediate requirements.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of unrestricted charitable expenditure (held: £10k)
“The trustees aim to maintain free reserves within unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. For the year ended 31st March 2025 this totals £9,477.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Friends of TREAD are currently using up reserves to fund the ongoing work in India and will need to reduce our payments to TREAD India Trust in FY 26-27.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Friends of TREAD (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: India

Income and spending

Financial year endIncomeSpending
31/03/2025£41k£50k
31/03/2024£50k£54k
31/03/2023£53k£72k
31/03/2022£50k£58k
31/03/2021£52k£44k

Common questions

Is FRIENDS OF TREAD financially healthy?

Per its FY2025 accounts: The accounts state that the charity is using up its unrestricted reserves to fund ongoing work in India, resulting in a net outgoing resource of £9,199 for the year. The trustees note that they will need to reduce payments to TREAD India Trust in the following financial year to align expenditure with income. Despite this drawdown, the charity maintains that its current reserve levels are sufficient to cover immediate requirements. Its FY2025 accounts were independently examined.