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 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
31/03/23£726£670£55£0£580£58010.4210
31/03/22£835£578£258£0£500£4659.7213
31/03/21£515£535£-19£0£242£2074.6195
31/03/20£523£477£46£0£225£2255.7154
31/03/19£453£435£18n/an/an/an/an/a6
31/03/18£414£419£-5£0£0£0n/a00
31/03/17£389£376£12£0£0£0n/a00
31/03/16£376£363£14£0£0£0n/a00
31/03/15£377£402£-25£0£0£0n/a00
31/03/14£382£409£-27£0£0£0n/a00
31/03/13£405£386£20£0£0£0n/a00
31/03/12£376£374£2£0£0£0n/a00
31/03/11£356£351£5£0£0£0n/a00
31/03/10£390£344£46£0£0£0n/a00
31/03/09£307£291£16£0£0£0n/a00
31/03/08£273£266£7£0£0£0n/a00
31/03/07£231£217£14£0£0£0n/a00
31/03/06£180£176£4£0£0£0n/a00
31/03/05£150£138£12£0£0£0n/a00
31/03/04£121£111£10£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: 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
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
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
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

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)
Current Trustees appointed
Gender Split

Age Range of Trustees: 32-94
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

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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