CREDU SUPPORTING YOUNG AND ADULT CARERS LIMITED

Registered charity 1103712 · accounts filings on the Charity Commission register · also known as CREDU, PCS, POWYS CARERS' SERVICE LIMITED, WCD YOUNG CARERS & POWYS YOUNG CARERS

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.

Area of benefit: THE COUNTY OF POWYS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · website · Get email alerts

Registered contact address: Powys, Wales (from the postcode on the register)

Latest income
£1.6m
Latest spending
£1.6m
Registered
2004
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 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. (reserves figure: £508k)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: T Evans, spouse of CEO B Evans, received remuneration.
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Godfrey Wilson Limited. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

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

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

Public fundraising profile: JustGiving — Credu (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.6m
Total spending
£1.6m
Cost of raising funds
£50k
Reserves (reported)
£508k
Employees
43

Reported reserves equal ~3.8 months of spending — below the median for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Charitable activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 3.1% of total income — below the median for charities its size (5.3%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ceredigion · Conwy · Denbighshire · Powys · Wrexham

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE TRIANGLE TRUST 1949 FUNDFY2025amount not statedYoung Carers

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund22/03/2017£718kConnected Generation
The National Lottery Community Fund04/07/2013£5kPowys Young Carers Activity Programme
The National Lottery Community Fund29/01/2007£4kYACS need PIES

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with WARWICKSHIRE YOUNG CARERS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CREDU SUPPORTING YOUNG AND ADULT CARERS LIMITED£1.6m—0above—no doubt
WARWICKSHIRE YOUNG CARERS FY2026£195k——above—no doubt
HARROW CARERS FY2025£2.1m—0unclear—no doubt
CARTREFI CYMRU CO-OPERATIVE LIMITED FY2025£42.9m——within—no doubt
CAREDUCATION TRUST LTD FY2025£133k—0unclear—no doubt
BRIDGEND CARERS CENTRE FY2025£729k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.