Friends Therapeutic Community Trust

Analysis

Friends Therapeutic Community Trust is a registered charity in England and Wales, based in Norwich. It was registered in June 2008, 18 years ago. Its declared purposes cover other charitable purposes, which this site groups under children and youth development. Legally it is a charitable company (Companies House number 06525659). It says it provides services.

In the financial year ending March 2024, Friends Therapeutic Community Trust reported income of £2.0m and spending of £4.1m, spending 206% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income fell from £2.9m to £2.0m (-31%), an average of -12% a year. The sharpest change came in the year to March 2024, when income dropped by 47%. Over the whole period it spent 105% of the income it received.

Among 5,641 England and Wales charities whose main cause is children and youth development and that reported income, Friends Therapeutic Community Trust sits at the 99th percentile: it is larger than about 99% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include The Shanly Foundation (£2.0m), Making a Difference Locally Ltd (£2.0m) and JFS Charitable Trust Limited (£1.8m).

In its latest detailed accounts, income came from charitable activities 97% and investments 2.2%. Charitable activities took 99% of spending and raising funds 0.9%. Reserves of £3.5m would cover about 10 months of spending at that rate. It employed 56 people.

Data notes from the register: The register marks this charity as insolvent.