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

THE FRIENDLY HAND

Registered charity 1088806 · accounts filings on the Charity Commission register

Grants to support those who are disadvantaged by giving financial support to organisations and individuals.Provision of Educational scholarships and bursariesProvisions of bibles for those in prison and hospitalProvision of grants for priests to undertake refresher courses in the Holy LandProvision of grants to Cathequists

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · Get email alerts

Latest income
£28k
Latest spending
£114k
Registered
2001
Accounts read
FY2024

Financial health, per its FY2024 accounts

The charity holds substantial unrestricted reserves of £29,879 alongside significant expendable endowment funds, resulting in total net assets of £2,004,144. With no donations received and no staff employed, the organization relies on investment income to fund charitable grants, maintaining a financially stable position with no material uncertainties regarding its future operations.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: ensure the long term viability of the charity to promote its chosen causes (held: £30k)
“The Trustees have set a reserves policy that will ensure the long term viability of the charity to promote its chosen causes.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Chile · India · Italy · Peru · Spain · Sri Lanka · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£28k£114k
31/12/2023£92k£158k
31/12/2022£50k£158k
31/12/2021£37k£174k
31/12/2020£160k£215k

Common questions

Is THE FRIENDLY HAND financially healthy?

Per its FY2024 accounts: The charity holds substantial unrestricted reserves of £29,879 alongside significant expendable endowment funds, resulting in total net assets of £2,004,144. With no donations received and no staff employed, the organization relies on investment income to fund charitable grants, maintaining a financially stable position with no material uncertainties regarding its future operations. Its FY2024 accounts were independently examined.