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.
Activities & Mission
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.
Areas of Operation
Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.
Region
Financial Information
Financial Efficiency
Higher than 88% of UK Religion charities with income £100K to £1M (sample: 1860). How is this calculated?
Higher than 22% of UK Religion charities with income £100K to £1M. How is this calculated?
Lower overhead than 16% of UK Religion charities with income £100K to £1M. (Lower overhead is generally read as more efficient.) How is this calculated?
Latest Financial Breakdown
Income Sources
Expenditure Categories
Financial Trend
Annual Returns
As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2024.
One or more years show a significant change in income (over ±100%) compared with the prior year. This usually reflects a merger, transfer of activities, restated accounts, or a one-off legacy — not necessarily a real change in operating scale. See the methodology for context.
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2024 | £210,239 | £257,583 | 0 / 0 | |||
| 2023 | £624,539 | £230,325 | £198,793 | £7,383,244 | £183,547 | 0 / 0 |
| 2022 | £259,685 | £162,327 | 0 / 0 | |||
| 2021 | £217,143 | £372,058 | 0 / 0 | |||
| 2020 | £530,759 | £620,198 | £589,625 | £7,431,826 | £12,132 | 0 / 0 |
Staff column shows: Employees / Volunteers
Frequently asked questions about Friends Trusts Limited
What does Friends Trusts Limited do?
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.
How much income did Friends Trusts Limited report in 2024?
Friends Trusts Limited reported total income of £210k and reported expenditure of £258k for the financial year ending 2024, based on the most recent annual return filed with the Charity Commission.
How efficient is Friends Trusts Limited?
Friends Trusts Limited has a program ratio of 109.7%, meaning that share of its income goes directly to charitable activities. This is higher than 88% of UK Religion charities with income £100K to £1M (sample of 1860 charities). See our methodology for how this is calculated.
When was Friends Trusts Limited registered as a charity?
Friends Trusts Limited was registered with the Charity Commission for England and Wales on 24 November 1964 as charity number 237698. It has been registered for 62 years.
Who runs Friends Trusts Limited?
Friends Trusts Limited is governed by a board of 9 trustees. Trustees are legally responsible for the charity's governance and are listed in full on its profile.
Where does Friends Trusts Limited operate?
Friends Trusts Limited operates in England And Wales, as recorded in its Charity Commission filing.
Is Friends Trusts Limited a registered charity?
Yes — Friends Trusts Limited is a registered charity in England and Wales, charity number 237698.
Details
173 EUSTON ROAD
LONDON
NW1 2BJ
Registry Information
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Major UK charities in the same primary sector, drawn from the curated priority cohort.
Trustees
Also governs 1 other charity
Also governs 2 other charities
Sectors & Classifications
Data & trust
- Register data refreshed
- 14 May 2026
- Methodology
- How metrics are calculated