The Freedom Community Trust Limited

Charity number: 1094807
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To promote any charitable purpose for the benefit of the inhabitants of the City of Kingston Upon Hull, in particular but not exclusively the area known as Preston Road, especially the regeneration of that area.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£785,755

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Donations and legacies £0
Charitable activities £57.03k
Other trading activities £225.68k
Investments £484.56k
Other £18.49k

Total expenditure:
£1,237,464

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Raising funds £128.41k
Charitable activities £1.11m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £128.41k
Charitable expenditure £1.11m

People

8 Trustee(s)

Employees with total benefits over £60,000

No information available

Fundraising

No information available

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Arts/culture/heritage/science
  • Amateur Sport
  • Environment/conservation/heritage
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Kingston Upon Hull City

Governance

Registration history:
  • 27 November 2002: Standard registration
Organisation type:
Charitable company
Other names:
  • PRESTON ROAD NDC LTD (Working name)
  • PRESTON ROAD NEIGHBOURHOOD DEVELOPMENT COMPANY LIMITED (Previous name)
Company number:
04012143 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity 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
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
SUSAN SHEPPARD Chair
None on record
Cheryl Ann Rickles Trustee 19 March 2025
None on record
Harold McConnell Trustee 02 August 2018
None on record
Rebecca Norman Trustee 26 June 2017
None on record
Hester Catherine Bridges Trustee 15 September 2016
None on record
Rev RICHARD PAUL PHILLIPS Trustee 29 September 2014
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST AIDANS SOUTHCOATES
Received: 15 days late
JANET BOYD Trustee 29 July 2014
CHILD DYNAMIX
Received: On time
Stephen John Alltoft Trustee
EAST HULL COMMUNITY FARM LIMITED
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £827.21k £703.07k £659.74k £793.61k £785.76k
Total expenditure £1.35m £1.15m £1.13m £1.22m £1.24m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £94.78k £137.29k £35.61k N/A N/A
Income - Donations and legacies £0 £0 £1.00k £0 £0
Income - Other trading activities £243.26k £73.66k £146.24k £237.79k £225.68k
Income - Charitable activities £94.78k £137.29k £35.61k £64.40k £57.03k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £488.57k £491.82k £476.88k £485.47k £484.56k
Income - Other £600 £300 £0 £5.94k £18.49k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.19m £1.09m £1.03m £1.09m £1.11m
Expenditure - Raising funds £157.26k £63.73k £102.57k £131.96k £128.41k
Expenditure - Governance £0 £0 £0 £0 £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £8.95m £8.47m £8.00m £7.54m £7.07m
Long-term investments £0 £0 £0 £0 £0
Other assets £495.85k £591.71k £518.77k £562.61k £622.79k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £107.13k £174.86k £98.54k £107.72k £155.02k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 29 January 2025 On Time
Accounts and TAR 31 March 2024 29 January 2025 On Time Download Open in new window
Annual return 31 March 2023 31 January 2024 On Time
Accounts and TAR 31 March 2023 31 January 2024 On Time Download Open in new window
Annual return 31 March 2022 31 January 2023 On Time
Accounts and TAR 31 March 2022 31 January 2023 On Time Download Open in new window
Annual return 31 March 2021 26 January 2022 On Time
Accounts and TAR 31 March 2021 26 January 2022 On Time Download Open in new window
Annual return 31 March 2020 25 January 2021 On Time
Accounts and TAR 31 March 2020 25 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 12 JUNE 2000, INCORPORATED ON CHANGE OF NAME 17 JULY 2002, AS AMENDED BY SPECIAL RESOLUTION ON 7 APRIL 2008. as amended on 08 May 2019 as amended on 05 Jun 2019 as amended on 26 Sept 2024

Charitable objects

4.1.1 To promote any charitable purpose for the benefit of the inhabitants of the City of Kingston upon Hull, in particular but not exclusively the inhabitants of Southcoates and/or Marfleet and/or within 5 miles of either of those two locations (provided always that any such location remains within the Hull City boundary) by all or any of the following means: (a) the relief of poverty in such ways as may be thought fit; (b) the relief of unemployment by providing help and advice information, and other forms of care and training; (c) the advancement of education, training or retraining, particularly among unemployed people and providing work experience for the unemployed; (d) the provision of financial assistance, technical assistance, business advice or consultancy in order to provide training and employment opportunities for unemployed people in cases of financial or other charitable need through help in setting up their own business or to existing businesses; (e) the creation of training and employment opportunities by the provision of managed workspace units or other business units, buildings and/or land for use on favourable terms; (f) the provision of advisory and counselling services; (g) the provision of facilities for recreational and leisure time occupation and the organisation of leisure activities; (h) the protection or conservation of the environment; (i) the holding of exhibitions, meetings, lectures, classes, seminars and courses, either alone or with others; (j) the promotion of public safety and prevention of crime; and (k) the promotion of health and health lifestyles and the provision of advice on the same; (l) such other means as may from time to time be determined subject to the prior consent of the Charity Commission.

Area of benefit

The area the charity can operate in, as set out in its governing document.

KINGSTON UPON HULL, EAST YORKSHIRE.

Contact information

Address:
The Freedom Centre
97 Preston Road
Hull
HU9 3QB
Phone:
01482710100
Email:
steve.garnett@freedomcentre.info
Website:

No information available