Finance Score: 1

Governance Score: 9

Support Score: 0

Reasonable growth: +1

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

No supporters identified

Overall GiG Score: 10

THE FRIENDLY TRUST

The Friendly Trust is a registered charity which helps vulnerable adults to manage their money.We provide individuals with accessible information and personalised, practical help to help them increase their financial independence and security and improve the quality of their lives.

Analysis by Giving is Great

Positives:

There has been reasonable growth in spending over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Established: 23 years
(25 years as a company)

www.friendlytrust.org.uk

advice@friendlytrust.org.uk

02920225200

Charity Commission for England and Wales

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
31/03/23	£726	£670	£55	£0	£580	£580	10.4	21	0
31/03/22	£835	£578	£258	£0	£500	£465	9.7	21	3
31/03/21	£515	£535	£-19	£0	£242	£207	4.6	19	5
31/03/20	£523	£477	£46	£0	£225	£225	5.7	15	4
31/03/19	£453	£435	£18	n/a	n/a	n/a	n/a	n/a	6
31/03/18	£414	£419	£-5	£0	£0	£0	n/a	0	0
31/03/17	£389	£376	£12	£0	£0	£0	n/a	0	0
31/03/16	£376	£363	£14	£0	£0	£0	n/a	0	0
31/03/15	£377	£402	£-25	£0	£0	£0	n/a	0	0
31/03/14	£382	£409	£-27	£0	£0	£0	n/a	0	0
31/03/13	£405	£386	£20	£0	£0	£0	n/a	0	0
31/03/12	£376	£374	£2	£0	£0	£0	n/a	0	0
31/03/11	£356	£351	£5	£0	£0	£0	n/a	0	0
31/03/10	£390	£344	£46	£0	£0	£0	n/a	0	0
31/03/09	£307	£291	£16	£0	£0	£0	n/a	0	0
31/03/08	£273	£266	£7	£0	£0	£0	n/a	0	0
31/03/07	£231	£217	£14	£0	£0	£0	n/a	0	0
31/03/06	£180	£176	£4	£0	£0	£0	n/a	0	0
31/03/05	£150	£138	£12	£0	£0	£0	n/a	0	0
31/03/04	£121	£111	£10	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 23%
Liabilities/Income: 24%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 10.4 months
Net Current Assets/Spending: 11 months
Quick Ratio: 1

Asset Split ?

Listed activities

Disability
Education/Training
The Prevention Or Relief Of Poverty

How it operates

Provides advocacy/advice/information
Provides human resources
Provides services

Where it operates

Throughout Wales,

Who it helps

Elderly/Old People
Other Defined Groups
People With Disabilities

Who works here?

21 employees

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
Lloyds Bank Foundation - Grant to The Friendly Trust
£49,948	25/01/2017 24	delivering specialist support, which helps individuals with disabilities and disabling illnesses and their carers to manage their money. Funding will employ a new Trust Officer to deliver the service ....more delivering specialist support, which helps individuals with disabilities and disabling illnesses and their carers to manage their money. Funding will employ a new Trust Officer to deliver the service to more individuals.
Lloyds Bank Foundation - Grant to The Friendly Trust
£49,948	06/05/2015 24	delivering specialist support, which helps individuals with disabilities and disabling illnesses and their carers to manage their money. Funding will employ a new Trust Officer to deliver the service ....more delivering specialist support, which helps individuals with disabilities and disabling illnesses and their carers to manage their money. Funding will employ a new Trust Officer to deliver the service to more individuals.
Nationwide Foundation - Grant to The Friendly Trust
£4,733	14/06/2012	The grant will provide support to vulnerable older people in the community enabling them to manage their finances and retain independence whilst reducing financial abuse. It will increase their ....more The grant will provide support to vulnerable older people in the community enabling them to manage their finances and retain independence whilst reducing financial abuse. It will increase their financial security ,independence and quality of life .
Lloyds Bank Foundation - Grant to The Friendly Trust
£21,000	27/01/2012	the salary and on costs of the Trusts Officer, travel, publicity, stationery and telephone costs (21-hrs in year one and 10-hrs in year two)
National Lottery Community Fund - My Money My Home
£249,991	24/11/2010 36	The project will provide financial advice and direct financial management support to disabled people and their families and carers to ensure financial security and reduce social isolation or debt. ....more The project will provide financial advice and direct financial management support to disabled people and their families and carers to ensure financial security and reduce social isolation or debt. The grant over three years will fund the employment of 2 full-time Trust Officers and a part-time Administrator

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

Age Range of Trustees: 32-94

DAVID KEITH RIMAN Appointed: 2017, Occupation: Chartered Accountant

ELINOR BARBARA KERR-SMITH Appointed: 2021, Occupation: Lecturer

JANET CLAIRE BURKE Appointed: 2019, Occupation: Social Worker

MATTHEW JOHN WEDLAKE Appointed: 2020, Occupation: Volunteer

NORBERT CAMPBELL FLYNN Appointed: 1998, Occupation: Retired, Other trusteeships: CARDIFF MENCAP SOCIETY, THE ALL WALES FORUM OF PARENTS AND CARERS OF PEOPLE WITH LEARNING DISABILITIES,

OWAIN PHILLIPS MR Appointed: 2021

PHILIP JOSEPH BOSHIER Appointed: 2017, Occupation: Strategy Development Officer

PROFESSOR JASON MARK TUCKER Appointed: 2021, Occupation: Lawyer

SARAH FELICITY BURKE Appointed: 2024, Occupation: Civil Servant

SUSAN LESLEY ROBERTS Appointed: 2019, Occupation: Retired

Legal constitution

Charitable company registered in England & Wales on 22/12/2000, number: 1084265
Registered at Companies House on 31/07/1998, number: 03608297

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Financial Conduct Authority

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; all on time

Main office

The Friendly Trust
Canton House
435-451 Cowbridge Road East
Cardiff
CF5 1JH

Objectives

THE RELIEF OF VULNERABLE PEOPLE BY THE PROVISION OF ADVICE AND ASSISTANCES TO SUCH PERSONS, THEIR CARERS AND FAMILY MEMBERS IN THE MANAGEMENT OF THEIR INCOME, CURRENT ASSETS AND FUTURE INHERITED RESOURCES

Defined Area of Benefit:

NOT SPECIFIED

Data Sources