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TEXTILE REUSE AND INTERNATIONAL DEVELOPMENT

Registered charity 297489 · accounts filings on the Charity Commission register · also known as HUMANA, TEXTILE RECYCLING FOR AID & INTERNATIONAL DEVELOPMENT, TRAID · listed website unreachable when last crawled

Latest income
£9.3m
Latest spending
£9.4m
Registered
1987
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net loss of £171,903 for the year ended 31 December 2024, with total incoming resources of £9,324,811 and total expenditure of £9,429,787. Per the trustees' report, unrestricted funds totalled £6,725,217, which was sufficient to cover the charity’s reserve requirement of £5,787,276 and outstanding development funding commitments.

What the accounts disclose

Reserves policy: six-month operating cost plus six-month fixed premises cost plus outstanding ID commitments (held: £6.7m)
“Based on good practice, in 2024 TRAID’s reserves retained totalled £5,787,276, consisting of a six-month operating cost of £4,234,889, an additional six-month fixed premises cost of £1,000,000, and outstanding ID commitments of £552,387.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£9.3m
Total spending
£9.4m
Reserves (reported)
£5.8m
Employees
171

Reported reserves equal ~7.4 months of spending — above the median for charities its size (median 4.8 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£9.3m£9.4m
31/12/2023£9.1m£8.0m
31/12/2022£8.7m£6.9m
31/12/2021£6.5m£5.7m
31/12/2020£5.3m£5.7m

Common questions

Is TEXTILE REUSE AND INTERNATIONAL DEVELOPMENT financially healthy?

The accounts state that the charity reported a net loss of £171,903 for the year ended 31 December 2024, with total incoming resources of £9,324,811 and total expenditure of £9,429,787. Per the trustees' report, unrestricted funds totalled £6,725,217, which was sufficient to cover the charity’s reserve requirement of £5,787,276 and outstanding development funding commitments. Its FY2024 accounts were audited by Moore Kingston Smith 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
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN-AT-HAMPSTEAD2£6k
ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT1£100k
HALCROW FOUNDATION1£55k
MOUNDFIELD CHARITIES LIMITED1£50k
JOFFE CHARITABLE TRUST CIO1£35k
THE KNIGHTLAND FOUNDATION1£30k
RINA CHARITABLE TRUST1£28k
THE BENZI DUNNER SCHOOLS TRUST1£27k

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