Charity Accounts Intelreading the accounts so you don’t have to

FRIENDS TRUSTS LIMITED

Registered charity 237698 · accounts filings on the Charity Commission register

Latest income
£210k
Latest spending
£258k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total net assets decreased from £7,383,244 to £7,319,215, driven by a net loss before investment losses of £44,221 and investment losses of £19,808. Unrestricted reserves remained stable at £166,219, and the trustees confirmed the financial position remains stable with no material uncertainties regarding going concern.

What the accounts disclose

Reserves policy: sufficient (held: £166k)
“At the end of the year, unrestricted reserves amount to £166k (2023: £166k). It is felt that these reserves are sufficient.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Britain Yearly Meeting provides secretarial and administrative support without charge, valued at £66,808.
“The value of the services are treated as donations and were £66,808 in 2024 (2023: £37,727)” — page 27
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/12/2023)

Total income
£181k
Total spending
£230k
Cost of raising funds
£32k
Reserves (reported)
£184k
Employees
0

Reported reserves equal ~9.6 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£210k£258k
31/12/2023£625k£230k
31/12/2022£260k£162k
31/12/2021£217k£372k
31/12/2020£531k£620k

Common questions

Is FRIENDS TRUSTS LIMITED financially healthy?

The accounts state that total net assets decreased from £7,383,244 to £7,319,215, driven by a net loss before investment losses of £44,221 and investment losses of £19,808. Unrestricted reserves remained stable at £166,219, and the trustees confirmed the financial position remains stable with no material uncertainties regarding going concern. Its FY2024 accounts were audited by Sayer Vincent LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ACHISOMOCH AID COMPANY LIMITED1£321k
Rights and Security International1£67k
THE GERTNER CHARITABLE TRUST1£41k
WEST WILTSHIRE AND EAST SOMERSET AREA MEETING1£19k
TZIDKAS YERMIYUHI LTD1£14k
HARDSHAW AND MANN AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN1£12k
WORLD DAY OF PRAYER NATIONAL COMMITTEE FOR ENGLAND, WALES AND NORTHERN IRELAND1£0

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with DEVON AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN.