CARETRADE CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total income of £1,527,494 and an in-year surplus of £56,361 for the year ended 31 July 2025. Net assets increased to £643,623, with general free reserves of £275,000 held against a policy target of at least £368,000. The trustees and auditors confirm the charity is a going concern with no material uncertainties identified.
What the accounts disclose
“The charity’s aim is to hold free reserves equal to at least three months plus of operating costs at any measurement date (a minimum of £368k at 24/25 levels).” — page 8
“During the year, the charity purchased creative services totalling £10,620 (2024: £19,140) from Genium Creative Limited, which is co-owned by the husband of one of the charity's key management personnel. The transaction was carried out on standard market terms, and no amounts were outstanding at either year end.” — page 31
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (23/04/2024)
Trustees
- Paul Sparkeschair
- Ethnanda Manley-Browne
- Janet Park
- Keval Shah
- Kevin John Latham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.5m | £1.5m |
| 31/07/2024 | £1.4m | £1.5m |
| 31/07/2023 | £1.3m | £1.3m |
| 31/07/2022 | £1.2m | £1.0m |
| 31/07/2021 | £1.3m | £1.1m |
Common questions
Is CARETRADE CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a total income of £1,527,494 and an in-year surplus of £56,361 for the year ended 31 July 2025. Net assets increased to £643,623, with general free reserves of £275,000 held against a policy target of at least £368,000. The trustees and auditors confirm the charity is a going concern with no material uncertainties identified. Its FY2025 accounts were audited by Godfrey Wilson Limited.