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FREEWAYS TRUST

Registered charity 1102216 · accounts filings on the Charity Commission register · also known as FREEWAYS LIMITED

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Latest income
£2.0m
Latest spending
£1.1m
Registered
2004
Accounts read
FY2025

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

Reserves policy: two months of operational expenditure (held: £12.7m)
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Bishop Fleming Audit Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.0m
Total spending
£1.1m
Reserves (reported)
£12.9m
Employees
5

Reported reserves equal ~141.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Bath And North East Somerset · Bristol City · North Somerset · South Gloucestershire

Income and spending

Financial year endIncomeSpending
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?

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.