Question 1

What is the mission of PRACTICAL TOOLS INITIATIVE LIMITED?

Accepted Answer

The prevention or relief of poverty or financial hardship anywhere in the world by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient in particular by collecting, refurbishing and supplying used tools to those with a charitable need.

Question 2

What is the financial size of PRACTICAL TOOLS INITIATIVE LIMITED?

Accepted Answer

PRACTICAL TOOLS INITIATIVE LIMITED is classified as a medium charity. In the latest financial year, they reported a total income of £635,509 and total expenditure of £347,186.

Question 3

How does PRACTICAL TOOLS INITIATIVE LIMITED allocate its spending?

Accepted Answer

For every pound spent, approximately 99.9% goes directly to charitable activities. The remaining 0.1% is spent on raising funds and administration.

Question 4

What is the workforce structure of PRACTICAL TOOLS INITIATIVE LIMITED?

Accepted Answer

PRACTICAL TOOLS INITIATIVE LIMITED employs 0 staff members and is supported by 6 volunteers.

Question 5

Does PRACTICAL TOOLS INITIATIVE LIMITED receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does PRACTICAL TOOLS INITIATIVE LIMITED pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

PRACTICAL TOOLS INITIATIVE LIMITED

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