THE REALLY AMAZING CHARITY (TRAC2)

Registered charity 1157960 · accounts filings on the Charity Commission register · also known as 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.

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£75k
Latest spending
£131k
Registered
2014
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

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

Register events

Trustees · trustee networks

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

Operates in: Torfaen

Income and spending

Financial year endIncomeSpending
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

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Postcode Lottery29/09/2023£20kUnrestricted Funding
The National Lottery Community Fund07/07/2023£10kThe New way of Life
The National Lottery Community Fund07/12/2020£10kCOVID-19 - First Contact Officer
The National Lottery Community Fund25/07/2019£10kSupport for Gypsy Travellers