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
TRAID is an environmental and poverty relief charity. TRAID reduces landfill through; the provision of textile recycling facilities, its charity shops and upcycled clothing. Funds raised go to environmental and textile related international development projects and TRAID's education programmes developed to gain greater recycling participation and empathy with the issues surrounding global poverty.
Causes: Education/training · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Environment/conservation/heritage · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts
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.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
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. Discloses 5 of 6 completeness components.
Property (HM Land Registry)
5 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/12/2024)
Reported reserves equal ~7.4 months of spending — above the median for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).
- LEKHA KLOUDAchair · trustee of 1 other charity
- ANDREW RUTHERFORD · trustee of 2 other charities
- ANNA KATHARINE LOVELL
- Cristina Osoro Cangas
- IAN HAGG
- Mark Selby
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is TEXTILE REUSE AND INTERNATIONAL DEVELOPMENT financially healthy?
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. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with STAR.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.