FRIENDS INDEED
Animal Rescue
Financial health, per its FY2025 accounts
The accounts state that the charity operated under significant financial pressure, relying on personal funds and loans from trustees to sustain operations. Free reserves were negative at £416 as of the year-end, with total unrestricted funds carried forward showing a deficit. The trustees are considering a temporary reduction or pause in UK-based rescue activities due to these constraints.
What the accounts disclose
“The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.” — page 12
“During the financial period Trustee Adrian Tataru made an interest free loan of £20,890 (2023/24:£29,009) to Friends Indeed to assist with supporting the short term cashflow requirements in furtherance of the Charitable objects. During the financial period the Charity repaid loans to Trustee Adrian Tataru totalling £21,583 (2023/24:£35,842) and the outstanding loan liability repayable stands at £51 (2023/24:£744) as at 5th April 2025. No other payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them.” — page 12
Trustees
- Adrian Constantin Tataruchair
- Maria Daniela Maracine
- Maria Maracine
- Mircea Andrei Tataru
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £99k | £98k |
| 05/04/2024 | £74k | £68k |
| 05/04/2023 | £43k | £49k |
| 05/04/2022 | £103k | £100k |
| 05/04/2021 | £14k | £19k |
Common questions
Is FRIENDS INDEED financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated under significant financial pressure, relying on personal funds and loans from trustees to sustain operations. Free reserves were negative at £416 as of the year-end, with total unrestricted funds carried forward showing a deficit. The trustees are considering a temporary reduction or pause in UK-based rescue activities due to these constraints. Its FY2025 accounts were independently examined.