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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.

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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.

Grants

Friends Trusts Limited makes grants as part of its work.

Gives grants to
organisations and individuals
Grants paid (2023)
£144,425
Who it helps
children and young people, elderly people, other charities or voluntary bodies and other defined groups
What it supports
general charitable purposes, education and training, the prevention or relief of poverty and religious activities

As recorded with the Charity Commission. To ask about applying, use the contact details and check the trustees and latest accounts below.

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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.

Financial Information

Latest Income
£229,565
Latest Expenditure
£270,941

Financial Efficiency

Program Ratio 109.7%
% of income going directly to charitable activities

Higher than 83% of UK Religion charities with income £100K to £1M (sample: 323). How is this calculated?

Overall Efficiency 86.3%
% of expenditure going to programs (vs overhead)

Higher than 26% of UK Religion charities with income £100K to £1M. How is this calculated?

Administrative Ratio 13.7%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 22% 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

Donations & Legacies £37,927
Charitable Activities £0
Other Trading £0
Investments £143,370
Other Income £0

Expenditure Categories

Charitable Expenditure £198,793
Raising Funds £31,532
Governance £0
Grants to Institutions £144,425
Other Expenditure £0

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2025.

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 YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2025
£229,565
£270,9410 / 0
2024
£210,239
£257,5830 / 0
2023
£624,539
£230,325£198,793£7,383,244£183,5470 / 0
2022
£259,685
£162,3270 / 0
2021
£217,143
£372,0580 / 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 2025?

Friends Trusts Limited reported total income of £230k and reported expenditure of £271k for the financial year ending 2025, 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 83% of UK Religion charities with income £100K to £1M (sample of 323 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 8 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

Contact (address, email, phone)
Registration Date
24 November 1964
Status
Registered

Registry Information

Organisation Number
237698
Charity Number
237698

Trustees

Alastair Jackson
Alastair Thomas
John Capper
MALCOLM STERRATT
Mark Tod
Also governs 1 other charity
Nicola Jane Bennett
PAUL WHITEHOUSE

Sectors & Classifications

Data & trust

Register data refreshed
2 November 2026
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