The Freedom Community Trust Limited
Registered charity 1094807 · accounts filings on the Charity Commission register · also known as PRESTON ROAD NDC LTD, PRESTON ROAD NEIGHBOURHOOD DEVELOPMENT COMPANY LIMITED
To promote any charitable purpose for the benefit of the inhabitants of the City of Kingston Upon Hull, in particular but not exclusively the area known as Preston Road, especially the regeneration of that area.
Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · Grant history (this charity is a funder) · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £451,709 for the year ended 31 March 2024, resulting in a decrease in total unrestricted reserves from £7,972,722 to £7,520,213. Despite this deficit, the trustees consider the current reserve levels to be sufficient given the nature of income streams, and the auditors confirmed there are no material uncertainties regarding the group's ability to continue as a going concern.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Accounts audited by Smailes Goldie. Discloses 3 of 6 completeness components.
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£148k
Reported reserves equal ~59.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Investments (48% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 14.5% of total income — above the median for charities its size (5.2%) (benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: Kingston Upon Hull City
Income and spending
Common questions
Is The Freedom Community Trust Limited financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £451,709 for the year ended 31 March 2024, resulting in a decrease in total unrestricted reserves from £7,972,722 to £7,520,213. Despite this deficit, the trustees consider the current reserve levels to be sufficient given the nature of income streams, and the auditors confirmed there are no material uncertainties regarding the group's ability to continue as a going concern. Its FY2024 accounts were audited by Smailes Goldie.
Who funds The Freedom Community Trust Limited?
Funders whose own accounts filings name The Freedom Community Trust Limited as a grant recipient include TWO RIDINGS COMMUNITY FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with CASE COMMUNITY TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.