THE REALLY AMAZING CHARITY (TRAC2)
TRAC2 is a crisis intervention charity that provides recycled household items to people facing hardship. TRAC2 Charity is also a Community Outreach Office that host multiple agencies enabling a safe and confidential place to meet. TRAC2 also have a charity shop that enables members of our disadvantaged community to purchase low cost, affordable items.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £56,009 for the year ended 28 August 2025, contrasting with a surplus in the previous year. Per the trustees' report, this financial pressure was driven by rising operating costs and significant reductions in available funding, which necessitated the closure of dedicated office premises and the loss of three staff members. Despite these challenges, total net assets decreased from £121,158 to £65,149, with unrestricted funds falling to £53,750.
What the accounts disclose
Register events
- Received assets from another charity (31/01/2025)
Trustees
- Matthew Fordchair
- DENISE STRANGE
- Jody Strange
- LIZ HERBET
- Tracey George
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/08/2025 | £75k | £131k |
| 28/08/2024 | £261k | £246k |
| 28/08/2023 | £237k | £202k |
| 28/08/2022 | £251k | £231k |
| 28/08/2021 | £246k | £229k |
Common questions
Is THE REALLY AMAZING CHARITY (TRAC2) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £56,009 for the year ended 28 August 2025, contrasting with a surplus in the previous year. Per the trustees' report, this financial pressure was driven by rising operating costs and significant reductions in available funding, which necessitated the closure of dedicated office premises and the loss of three staff members. Despite these challenges, total net assets decreased from £121,158 to £65,149, with unrestricted funds falling to £53,750. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 29/09/2023 | £20k | Unrestricted Funding |
| The National Lottery Community Fund | 07/07/2023 | £10k | The New way of Life |
| The National Lottery Community Fund | 07/12/2020 | £10k | COVID-19 - First Contact Officer |
| The National Lottery Community Fund | 25/07/2019 | £10k | Support for Gypsy Travellers |