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FREEWAYS

Registered charity 298603 · accounts filings on the Charity Commission register · also known as FREEWAYS TRUST LIMITED

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Latest income
£10.1m
Latest spending
£9.8m
Registered
1988
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held free reserves of £2,196,000, which is in line with its policy target of two months of operational expenditure. The Trustees consider it appropriate to continue preparing the financial statements on a going concern basis, noting no material uncertainties regarding the charity's ability to operate for the foreseeable future.

What the accounts disclose

Reserves policy: two months of operational expenditure (held: £2.2m)
“The policy target remains to hold free reserves equivalent to at least two months of operational expenditure.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Lease payments to Freeways Trust
“Freeways leased the charity's properties and paid £556k (2024: £535k) to Freeways Trust in the year ended 31 March 2025.” — page 36
“Freeways Trust paid £17k (2024: £3) to Freeways in respect of management charges and was paid £52k (2024: £55k) by Freeways in respect of management charges.” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management charges with Freeways Trust
“Freeways leased the charity's properties and paid £556k (2024: £535k) to Freeways Trust in the year ended 31 March 2025.” — page 36
“Freeways Trust paid £17k (2024: £3) to Freeways in respect of management charges and was paid £52k (2024: £55k) by Freeways in respect of management charges.” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Purchases from Apollo IT
“Freeways leased the charity's properties and paid £556k (2024: £535k) to Freeways Trust in the year ended 31 March 2025.” — page 36
“Freeways Trust paid £17k (2024: £3) to Freeways in respect of management charges and was paid £52k (2024: £55k) by Freeways in respect of management charges.” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Leigh Court Services Limited
“The charity’s wholly owned subsidiary Leigh Court Services Ltd was established to undertake trading activities on behalf of Freeways.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Bishop Fleming Audit Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£10.1m
Total spending
£9.8m
Cost of raising funds
£54k
Reserves (reported)
£2.2m
Employees
283

Reported reserves equal ~2.7 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

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

Operates in: Bath And North East Somerset · Bristol City · North Somerset · South Gloucestershire

Income and spending

Financial year endIncomeSpending
31/03/2025£10.1m£9.8m
31/03/2024£9.3m£9.0m
31/03/2023£7.8m£7.8m
31/03/2022£7.4m£6.9m
31/03/2021£7.1m£6.6m

Common questions

Is FREEWAYS financially healthy?

The accounts state that the charity held free reserves of £2,196,000, which is in line with its policy target of two months of operational expenditure. The Trustees consider it appropriate to continue preparing the financial statements on a going concern basis, noting no material uncertainties regarding the charity's ability to operate for the foreseeable future. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.