CREDU SUPPORTING YOUNG AND ADULT CARERS LIMITED
Supporting Unpaid Carers of all ages in PowysSupporting Young Carers in Wrexham, Conwy & Denbighshire
Objects
1. TO ALLEVIATE MENTAL AND PHYSICAL DISTRESS AMONGST EXISTING AND FORMER UNPAID CARERS.2. TO ADVANCE EDUCATION CONCERNING CARING AMONGST CARERS AND THE PUBLIC.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small net surplus of £2,950 for the year ended 31 March 2025, with total income of £1,602,301 and total expenditure of £1,599,351. The trustees report that unrestricted reserves stood at £507,959, which is above their stated policy target of covering current liabilities calculated at £220,902. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“We have a dynamic reserves policy, which guides us to hold reserves to cover our current liabilities rather than the usual 3 – 6 months running costs. This includes redundancy amounts, leases and commitments over 12 months. This financial year, such costs were calculated to be £220,902.” — page 11
“T Evans, the spouse of B Evans, CEO from 19 August 2024, was employed by the charity and received remuneration of £20,412 in the year.” — page 38
Policies the charity declares
- Bullying and harassment 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
- 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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 200
- Government income: £1,543,857 — contracts £719,917 (3), grants £823,940 (12); 96% of the £1,602,301 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 200
- Government income: £1,025,179 — contracts £582,435 (3), grants £442,744 (13); 58% of the £1,766,455 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 200
- Government income: £1,012,631 — contracts £613,603 (3), grants £399,028 (20); 71% of the £1,421,270 total gross income on the same return
Corporate structure
- Registered company of the charity Companies House 04779458
Funders the charity credits
- Welsh Government
Company officers (Companies House)
- MORTON, Mary on trustee list
- MITCHELL, Claire on trustee list
- HEATHCOTE, Gabrielle on trustee list
- BLEAKLEY, Emily Louise on trustee list
- EVITTS, Margaret Hilda on trustee list
- JOHN, Susanne Constance on trustee list
- JARVIS, Marilyn Ann on trustee list
- HAZLEWOOD, Phillipa
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (07/06/2022)
Trustees
- Claire Mitchell
- Emily Louise Bleakley
- Gabrielle Heathcote
- MARILYN ANN JARVIS
- Margaret Hilda Evitts
- Mary Morton
- Nick Andrews
- Susanne Constance John
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.6m |
| 31/03/2024 | £1.8m | £1.6m |
| 31/03/2023 | £1.4m | £1.6m |
| 31/03/2022 | £1.6m | £1.5m |
| 31/03/2021 | £1.6m | £1.4m |
Common questions
Is CREDU SUPPORTING YOUNG AND ADULT CARERS LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a small net surplus of £2,950 for the year ended 31 March 2025, with total income of £1,602,301 and total expenditure of £1,599,351. The trustees report that unrestricted reserves stood at £507,959, which is above their stated policy target of covering current liabilities calculated at £220,902. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Godfrey Wilson Limited.
Who funds CREDU SUPPORTING YOUNG AND ADULT CARERS LIMITED?
Funders whose own accounts filings name CREDU SUPPORTING YOUNG AND ADULT CARERS LIMITED as a grant recipient include THE TRIANGLE TRUST 1949 FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE TRIANGLE TRUST 1949 FUND | FY2025 | amount not stated | Young Carers |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/03/2017 | £718k | Connected Generation |
| The National Lottery Community Fund | 04/07/2013 | £5k | Powys Young Carers Activity Programme |
| The National Lottery Community Fund | 29/01/2007 | £4k | YACS need PIES |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CARERS TRUST | 3 | £1.5m |
| MOTABILITY | 1 | £4.5m |
| MOONDANCE FOUNDATION | 1 | £272k |
| AGE UK | 1 | £263k |
| SANTANDER UK FOUNDATION LIMITED | 1 | £185k |
| YOUNG HARROW FOUNDATION | 1 | £95k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £83k |
| THE HEADLEY TRUST | 1 | £50k |
Charities like this
- WARWICKSHIRE YOUNG CARERS
- HARROW CARERS
- CARTREFI CYMRU CO-OPERATIVE LIMITED
- CAREDUCATION TRUST LTD
- BRIDGEND CARERS CENTRE
- AGE CYMRU DYFED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CREDU SUPPORTING YOUNG AND ADULT CARERS LIMITED | £1.6m | — | 0 | above | — | no doubt |
| WARWICKSHIRE YOUNG CARERS | £195k | — | — | above | — | no doubt |
| HARROW CARERS | £2.1m | — | 0 | unclear | — | no doubt |
| CARTREFI CYMRU CO-OPERATIVE LIMITED | £42.9m | — | — | within | — | no doubt |
| CAREDUCATION TRUST LTD | £133k | — | 0 | unclear | — | no doubt |
| BRIDGEND CARERS CENTRE | £729k | — | 0 | unclear | — | no doubt |