Finance Score: 3

Governance Score: 6

Support Score: 0

Liabilities <10%: +3

Good trustee age range: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 9

TEXTILE REUSE AND INTERNATIONAL DEVELOPMENT

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.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age and gender

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
31/12/22		£8,658	£6,950	£1,708	£0	£7,207	£7,207	12.4	148	227
31/12/21		£6,500	£5,744	£756	£0	£5,500	£5,500	11.5	128	130
31/12/20		£5,303	£5,692	£-388	£0	£4,844	£4,844	10.2	133	69
31/12/19		£6,336	£5,836	£500	£0	£5,232	£5,232	10.8	128	189
31/12/18		£5,817	£5,342	£475	£0	£4,733	£4,733	10.6	114	225
31/12/17		£5,574	£4,882	£692	£0	£4,257	£4,257	10.5	105	0
31/12/16		£5,198	£4,960	£238	£0	£3,678	£3,678	8.9	103	0
31/12/15		£5,183	£4,996	£187	£10	£3,440	£3,440	8.3	96	0
31/12/14		£4,946	£4,893	£53	£10	£3,253	£3,253	8	89	0
31/12/13		£4,959	£4,428	£532	£10	£3,200	£3,200	8.7	0	0
31/12/12		£4,590	£4,203	£387	£9	£2,669	£2,669	7.6	84	0
31/12/11		£4,284	£3,795	£488	£95	£2,282	£2,282	7.2	72	0
31/12/10		£3,831	£3,333	£498	£92	£1,794	£1,794	6.5	67	0
31/12/09		£3,501	£3,443	£58	£86	£1,296	£1,042	3.6	63	0
31/12/08		£3,088	£2,763	£325	£58	£1,238	£1,238	5.4	65	0
31/12/07		£2,794	£2,472	£322	£52	£913	£913	4.4	67	0
31/12/06		£2,388	£2,190	£198	£0	£0	£0	n/a	0	0
31/12/05		£2,147	£1,996	£151	£0	£0	£0	n/a	0	0
31/12/04	*	£1,848	£1,903	£-55	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 9%
Liabilities/Income: 8%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 12.4 months
Net Current Assets/Spending: 12 months
Quick Ratio: 12.4

Asset Split ?

Established: 37 years

www.traid.org.uk

info@traid.org.uk

02087332580

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
Overseas Aid/Famine Relief
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Organisations
Provides advocacy/advice/information
Provides services

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

148 employees
227 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Based on 6/7 persons

Age Range of Trustees: 35-74

CRISTINA OSORO CANGAS Appointed: 2024

ANNA KATHARINE LOVELL Appointed: 2018, Occupation: Chartered Accountant

IAN HAGG Appointed: 1997, Occupation: Manager

LEKHA KLOUDA (Chair) Appointed: 2011, Occupation: Retired, Other trusteeship: CAMDEN SCHOOL FOUNDATION OF FRANCES MARY BUSS,

MELINDA ARIN KEEGAN Appointed: 2018, Occupation: Senior Sustainability Consultant

ANDY RUTHERFORD Appointed: 2014, Occupation: Director-Not-For Profit, Other trusteeships: ACTION VILLAGE INDIA, THE GLACIER TRUST,

STEPHEN NEAL ROBERTSON Appointed: 2012, Occupation: Charity Chief Executive, Other trusteeships: SHOREDITCH TOWN HALL TRUST, THE LONDON PATHWAY,

Legal constitution

Charitable company registered in England & Wales on 13/08/1987, number: 297489
Registered at Companies House on 01/07/1987, number: 02143753

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Volunteer management

Filing Record

19 returns made; AR04: 9 days late,

Main office

Unit G10
Clerkenwell Workshops
27/31 Clerkenwell Close
London
EC1R 0AT

Objectives

A) TO CONTRIBUTE TO THE CONSERVATION AND PROTECTION OF THE PHYSICAL AND NATURAL ENVIRONMENT FOR THE PUBLIC BENEFIT THROUGH THE UNDERTAKING OF RECYCLING, INCLUDING THE PROVISION OF RECYCLING FACILITIES FOR TEXTILES, AND THE PROMOTION OF THE PRACTICE OF RECYCLING TEXTILES, CLOTHING AND OTHER ITEMS. B) TO APPLY SURPLUS INCOME FOR THE RELIEF OF POVERTY ANYWHERE IN THE WORLD. C)TO ADVANCE THE EDUCATION OF THE PUBLIC CONCERNING RECYCLING AND WORLD POVERTY THROUGH PROGRAMMES OF TEACHING, TRAINING, PUBLISHING, EXHIBITIONS, SEMINARS AND OTHER MEANS OF PROVIDING EDUCATION SERVICES AND RESOURCES.

Defined Area of Benefit:

NATIONAL AND OVERSEAS

Data Sources