FREEWAYS TRUST
Provision of high quality properties for use by residential, supported living and day care services for people with learning difficulties.
Financial health, per its FY2025 accounts
The accounts state that the charity held total free reserves of £12,697,104, which exceeds the stated policy target of two months of operational expenditure. Per the trustees' report, the charity has sufficient resources to cover short-term fluctuations and planned capital projects, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“Rental income from supported living properties 610,164”
“The policy requires the Charity to maintain free reserves (unrestricted and not designated or tied up in fixed assets) equivalent to at least two months of operational expenditure.” — page 6
Leadership, per the charity’s website
- Frank Morton — Chair of Trustees
- Rachel Burkinshaw — Finance Director & Company Secretary
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- FRANKLIN SELION MORTONchair
- Dawn Yvonne Pincott
- Kim Cheryl Gascoigne
- MR CHRIS BRITTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £1.1m |
| 31/03/2024 | £1.2m | £936k |
| 31/03/2023 | £1.1m | £836k |
| 31/03/2022 | £956k | £661k |
| 31/03/2021 | £906k | £646k |
Common questions
Is FREEWAYS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held total free reserves of £12,697,104, which exceeds the stated policy target of two months of operational expenditure. Per the trustees' report, the charity has sufficient resources to cover short-term fluctuations and planned capital projects, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NUFFIELD FOUNDATION | 1 | £246k |
| THE DULVERTON TRUST | 1 | £40k |
| SWEATY BETTY FOUNDATION | 1 | £37k |
| THE OPENWORK FOUNDATION | 1 | £20k |
| THE J A R CHARITABLE TRUST | 1 | £2k |
Charities like this
- FREEWAYS
- NAZARETH CARE CHARITABLE TRUST
- MOSAIC 1898 LTD
- CAUSEWAY EDUCATION LTD
- WINDSOR ROAD FOUNDATION
- CAREDUCATION TRUST LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FREEWAYS TRUST | £2.0m | — | 0 | unclear | — | no doubt |
| FREEWAYS | £10.1m | — | — | within | — | no doubt |
| NAZARETH CARE CHARITABLE TRUST | £43.3m | — | — | below | — | material uncertainty |
| MOSAIC 1898 LTD | £2.2m | £80,001 - £90,000 | — | unclear | — | no doubt |
| CAUSEWAY EDUCATION LTD | £772k | — | — | above | — | no doubt |
| WINDSOR ROAD FOUNDATION | £101k | Under £60,000 | 0 | above | — | no doubt |