CARAMEL ROCK
WE OFFER TRAINING IN FASHION AND ARTS TO YOUTHS AND VULNERABLE ADULTS. OUR CLASSES RANGE FROM; FASHION ILLUSTRATION, PATTERN CUTTING, DESIGN, PRODUCT PRODUCTION AND SEWING. WE WORK TO ENSURE OUR STUDENTS HAVE ENOUGH EXPERIENCE AND KNOWLEDGE TO PROGRESS INTO FURTHER EDUCATION AND FUTURE EMPLOYMENT. WE ALSO OFFER A VOLUNTEER PROGRAM WHICH ENABLES PEOPLE TO GAIN VALUABLE WORK EXPERIENCE.
Financial health, per its FY2024 accounts
The accounts state that the charity remains in a cumulative deficit, with unrestricted net assets of £2,920, following significant investments in capacity building and outstanding loan repayments. The trustees acknowledge that the charity is currently dependent on sub-contracts and grants to sustain activities, noting that a gap in funding could likely lead to closure. However, they express confidence in a sustainable path toward recovery through diversified income streams and prudent financial management.
What the accounts disclose
Trustees
- Daniel Todarochair
- Alison Jayne Lowe
- Laura Naa-Shormeh Nortey
- Robert Bowles
- Sarah Jane Day
- Sian Roberta Watts
- Syed Ihsan-Ar Rahim
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £255k | £175k |
| 30/11/2023 | £226k | £186k |
| 30/11/2022 | £206k | £198k |
| 30/11/2021 | £197k | £203k |
| 30/11/2020 | £192k | £147k |
Common questions
Is CARAMEL ROCK financially healthy?
Per its FY2024 accounts: The accounts state that the charity remains in a cumulative deficit, with unrestricted net assets of £2,920, following significant investments in capacity building and outstanding loan repayments. The trustees acknowledge that the charity is currently dependent on sub-contracts and grants to sustain activities, noting that a gap in funding could likely lead to closure. However, they express confidence in a sustainable path toward recovery through diversified income streams and prudent financial management. Its FY2024 accounts were independently examined.
Who funds CARAMEL ROCK?
Funders whose own accounts filings name CARAMEL ROCK as a grant recipient include ASOS FOUNDATION, LONDON CATALYST, SIR ROBERT GEFFERY'S ALMSHOUSE TRUST, ROYAL DOCKS TRUST (LONDON).
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ASOS FOUNDATION | FY2024 | £50k | UK: Caramel Rock |
| ASOS FOUNDATION | FY2023 | £50k | Fashion, art & design programme |
| ASOS FOUNDATION | FY2025 | £40k | UK charitable activities |
| LONDON CATALYST | FY2025 | £10k | Fashion training & employability for people in temporary accommodation. |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | FY2025 | £4k | |
| ROYAL DOCKS TRUST (LONDON) | FY2025 | £4k | Fashion workshops for young people |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/03/2026 | £58k | Positive Pathways Project |
| The National Lottery Community Fund | 16/12/2022 | £10k | Building our youths leaders! |
| The National Lottery Community Fund | 02/03/2020 | £90k | Fashion Proposal 2019 |