Finance Score: -2
Governance Score: 3
Support Score: 6
  • Poor Liquidity: -1
  • Accounts filed more than 5 days late: -3 times
  • Strong growth: +2
  • Good trustee age range: +3
  • Grant maker support: +6
Overall GiG Score: 7 ?

FURNITURE RECLAMATION AND DELIVERY ENTERPRISE 

Working within the Tees Valley recycling and reusing household furniture and bicycles for the benefit of people with limited disposable income. Working with ex-offenders to improve their employability. Promoting the benefits of re-use and recycling as a contribution towards a sustainable lifestyle.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of age

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • Accounts have been filed late on 3 occasions over the last 5 years and the current period appears to have been extended
Established: 31 years

www.frade.co.uk

CHRISTIAN.THOMAS@BTGUK.COM

01642 796 640

Charity Commission for England and WalesCompanies House
UN SDGs
?

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/22*£712£783£-71£0£163£1632.51858
31/03/21*£646£592£54£0£234£2344.71551
31/03/20*£515£492£23£0£180£1804.41230
31/03/19£477£413£64n/an/an/an/an/a30
31/03/18£429£411£18£0£0£0n/a032
31/03/17*£393£368£25£0£0£0n/a00
31/03/16£321£318£4£0£0£0n/a00
31/03/15£301£289£12£0£0£0n/a00
31/03/14£296£280£16£0£0£0n/a00
31/03/13£266£278£-12£0£0£0n/a00
31/03/12£274£278£-4£0£0£0n/a00
31/03/11£279£280£-1£0£0£0n/a00
31/03/10£248£239£9£0£0£0n/a00
31/03/09£172£193£-22£0£0£0n/a00
31/03/08£196£181£14£0£0£0n/a00
31/03/07*£143£166£-23£0£0£0n/a00
31/03/06£181£162£19£0£0£0n/a00
31/03/05£131£138£-7£0£0£0n/a00
31/03/04£123£136£-13£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 17%
Liabilities/Income: 5%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 2.5 months
Net Current Assets/Spending: 2 months
Quick Ratio: 3.6
Asset Split ?
What it does
  • Economic/Community Development/Employment
  • The Prevention Or Relief Of Poverty
Who works here?
  • 18 employees
  • 58 volunteers
Who it helps
  • Other Defined Groups
  • The General Public/Mankind
How it operates
  • Provides services
Where it operates
  • Darlington, Durham, Hartlepool, Middlesbrough, North Yorkshire, Redcar And Cleveland, Stockton-on-tees,

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - FRADE Middlesbrough Community Hub Capacity Increase
£9,750 10/02/2023
The funding will be used to expand the organisation’s Men’s Shed and Community Garden services to focus on employability. The project will implement a volunteer employment and education pathway ....more
National Lottery Community Fund - The FRADE Community Shed – Stockton
£81,358 19/10/2022
This funding will support to develop and deliver a community shed operation within their existing Stockton stores. The shed will be a place where hard-to-reach vulnerable and isolated people can go ....more
County Durham Community Foundation - Middlesbrough Garden Project
£3,570 09/06/2022
To renovate an overgrown space.
County Durham Community Foundation - Volunteer and Employability Skills Coordinator
£3,770 09/05/2022
To support a Volunteer and Employability Skills Coordinator.
National Lottery Community Fund - Mens Shed Garden Expansion
£8,823 10/12/2021
The project will use the funding to create an outdoor green space to extend their activities and provide gardening outdoor and ecotherapy sessions to more vulnerable members of the local community. ....more
DCMS - Building Connections Fund
£17,945 01/04/2019
Expansion project in Middlesbrough, which works with a diverse group of men, spanning age, race and disability who have low level mental health issues. The project will help them create social ....more
DCMS - Building Connections Fund
£17,945 02/01/2019
Expansion project in Middlesbrough, which works with a diverse group of men, spanning age, race and disability who have low level mental health issues. The project will help them create social ....more
National Lottery Community Fund - FRADE Men's Shed
£45,679 26/11/2018
36
FRADE Men's Shed
National Lottery Community Fund - A4A - Tees Valley Furniture Catalogue
£10,000 02/09/2015
12
The organisation will use the funding to install an electronic stock management and point of sale computer system. This will enable the organisation to build their capacity to assist more people from ....more
Woodward Charitable Trust - Towards the bicycle project
£2,000 27/06/2007
Towards the bicycle project to help ex-offenders engage in community work and to help encourage school children to cycle to school with the newly refurbished bicycles.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split
Based on 7/8 persons

Age Range of Trustees: 28-76
  • LUKE DAWSON Appointed: 2020, Occupation: Senior Maintenance Planner
  • MIKE BROWN Appointed: 2019, Occupation: European Industry Manager
  • PETER LOCKE Appointed: 2020, Occupation: Head Of Communities
Legal constitution
  • Charitable company registered in England & Wales on 07/05/1993, number: 1020725
  • Registered at Companies House on 09/03/1993, number: 02797811
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; AR22: 48 days late, AR21: 53 days late, AR20: 12 days late, AR17: 111 days late, AR07: 28 days late,
Main office

SHERATON HOUSE
2A SURTEES WAY
SURTEES BUSINESS PARK
STOCKTON-ON-TEES
TS18 3HR

Objectives

(I) TO RELIEVE EITHER GENERALLY OR INDIVIDUALLY THE PERSONS RESIDENT IN THE TEES VALLEY AND THE SURROUNDING DISTRICTS WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS, BY THE PROVISION OF FURNITURE AND OTHER HOUSEHOLD ACCESSORIES CALCULATED TO REDUCE THE NEED, HARDSHIP OR DISTRESS OF SUCH PERSONS.(II) TO ADVANCE THE EDUCATION OF THE GENERAL PUBLIC ABOUT THE BENEFITS TO THE ENVIRONMENT OF RECYCLING, RE-USE AND SUSTAINABLE WASTE MANAGEMENT BY THE PROVISION OF OPPORTUNITIES TO ENGAGE IN GOOD PRACTICE.

Defined Area of Benefit:

THE TEES VALLEY AND THE SURROUNDING DISTRICTS

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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