Finance Score: -4

Governance Score: -3

Support Score: 0

Large legacies income: +2
Spending falling: -1
Multiple Deficits and declines: -5
No PartB

All male board: -3

No supporters identified

Overall GiG Score: -7

FRIENDS TRUSTS LIMITED

The Company is the denominational trust corporation for the Religious Society of Friends (Quakers) and its principal activity is to act as a custodian trustee . It also receives legacies as trustee for unincorporated Quaker charities.The Company administers certain trusts where it has been appointed managing trustee. The income is distributed in accordance with the terms of each trust.

Analysis by Giving is Great

Positives:

This charity has received more than half of its income from legacies in recent years

Regulatory & Governance issues to consider:

The Board is completely male

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile and on several occasions in recent years less than spending

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
31/12/22	£260	£162	£97	n/a	n/a	n/a	n/a	n/a
31/12/21	£217	£372	£-155	n/a	n/a	n/a	n/a	n/a
31/12/20	£531	£620	£-89	£0	£7,432	£12	0.2	0
31/12/19	£3,824	£3,821	£3	£0	£6,855	£15	0	0
31/12/18	£355	£414	£-59	£0	£0	£0	n/a	0
31/12/17	£965	£1,172	£-207	£0	£6,282	£230	2.4	0
31/12/16	£969	£631	£338	£0	£5,976	£387	7.4	0
31/12/15	£845	£862	£-17	£0	£5,137	£18	0.2	0
31/12/14	£967	£1,012	£-44	£0	£5,157	£15	0.2	0
31/12/13	£4,078	£4,096	£-18	£0	£5,004	£17	0	0
31/12/12	£741	£916	£-175	£0	£4,385	£15	0.2	0
31/12/11	£287	£278	£9	£0	£0	£0	n/a	0
31/12/10	£1,456	£1,596	£-141	£0	£4,340	£14	0.1	0
31/12/09	£312	£383	£-71	£0	£0	£0	n/a	0
31/12/08	£454	£387	£67	£0	£0	£0	n/a	0
31/12/07	£220	£193	£26	£0	£0	£0	n/a	0
31/12/06	£420	£593	£-173	£0	£0	£0	n/a	0
31/12/05	£119	£116	£3	£0	£0	£0	n/a	0
31/12/04	£292	£288	£4	£0	£0	£0	n/a	0

Show more rows -->

Show financials table -->

Download accounts

Highest pay bracket: less than £60,000

Established: 60 years
(101 years as a company)

friendstrusts@quaker.org.uk

02076631082

Charity Commission for England and Wales

Listed activities

Education/Training
General Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Makes Grants to Organisations
Other charitable activities
Provides advocacy/advice/information
Provides services

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

Age Range of Trustees: 51-80

STEVEN BURKEMAN Appointed: 2021, Occupation: Retired

DAVID RONALD HARRIES Appointed: 2019, Occupation: Retired

PAUL WHITEHOUSE Appointed: 2013, Occupation: -

NICHOLAS GRAHAM ALARIC PERKS Appointed: 2020, Occupation: Charity Consultant, Other trusteeships: YORK AREA QUAKER MEETING, JOFFE CHARITABLE TRUST CIO,

NIGEL BARNES Appointed: 2016, Occupation: N/A, Other trusteeship: NORTHUMBRIA AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN,

Legal constitution

Charitable company registered in England & Wales on 24/11/1964, number: 237698
Registered at Companies House on 08/03/1923, number: 00188362

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Investment
Risk management

Filing Record

19 returns made; all on time

Main office

FRIENDS HOUSE
173 EUSTON ROAD
LONDON
NW1 2BJ

Objectives

'THE CHARITY'S OBJECTS ('OBJECTS') ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING: (1) TO ACCEPT PROPERTY OF ANY KIND IN ANY PART OF THE WORLD WHETHER SUBJECT TO CHARGES OR OTHER LIABILITIES OR NOT (HEREINAFTER REFERRED TO AS 'ANY SUCH PROPERTY') TO BE HELD FOR CHARITABLE TRUSTS OR PURPOSES FOR THE BENEFIT OF OR IN CONNECTION WITH THE RELIGIOUS SOCIETY OF FRIENDS (HEREINAFTER REFERRED TO AS 'QUAKER TRUSTS OR PURPOSES)'.

Defined Area of Benefit:

NATIONAL

Data Sources