THE TRAIDCRAFT FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the parent charity reported a net deficit of £25 for the year, with unrestricted reserves held at approximately £2,305. The consolidated group reported a net deficit of £600,305, reducing unrestricted reserves to £296,592, though the trustees maintain that resources are adequate to continue as a going concern.
What the accounts disclose
“As Traidcraft Exchange guarantees to cover reasonable expenses of the Traidcraft Foundation, its reserves are kept at approximately £2,000.” — page 5
“The investments include shares in Traidcraft plc which are not listed on any stock exchange and which were donated to Traidcraft Exchange by supporters. At 31 March 2024, the Traidcraft plc shares were not being traded so the trustees valued the shares at nil. Due to the illiquid nature of these shares the trustees believed it was appropriate to classify them as a fixed asset investment.” — page 30
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALISON MARGARET COUTTS
- Clive Osmond
- Jeremy Lefroy
- Stephen Bonnick
- THE RT HON SIR STEPHEN TIMMS MP
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.5m | £3.5m |
| 31/03/2024 | £3.4m | £3.9m |
| 31/03/2023 | £3.2m | £4.4m |
| 31/03/2022 | £4.2m | £3.5m |
| 31/03/2021 | £3.8m | £3.3m |
Common questions
Is THE TRAIDCRAFT FOUNDATION financially healthy?
The accounts state that the parent charity reported a net deficit of £25 for the year, with unrestricted reserves held at approximately £2,305. The consolidated group reported a net deficit of £600,305, reducing unrestricted reserves to £296,592, though the trustees maintain that resources are adequate to continue as a going concern. Its FY2024 accounts were audited by CLA Evelyn Partners Limited.
Who funds THE TRAIDCRAFT FOUNDATION?
Funders whose own accounts filings name THE TRAIDCRAFT FOUNDATION as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN-AT-HAMPSTEAD.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN-AT-HAMPSTEAD | FY2022 | £1k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN-AT-HAMPSTEAD | FY2021 | £600 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GRAND CHARITY | 1 | £6.6m |
| NORTHUMBERLAND MASONIC CHARITY ASSOCIATION | 1 | £275k |
| Leicestershire and Rutland Freemasons' Charity (LRFC) | 1 | £187k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £100k |
| HALCROW FOUNDATION | 1 | £55k |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £40k |
| THE A B CHARITABLE TRUST | 1 | £25k |
| SOCIETY OF THE SACRED HEART CIO | 1 | £13k |