CARERS TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity finished the year with a small overall deficit of £46,741, driven by a surplus on unrestricted funds of £408,733 offset by restricted fund deficits. Per the trustees' report, unrestricted free reserves stood at £2,023,000, which is equivalent to six months of budgeted unrestricted expenditure, a level the Board considers appropriate given their new risk-based policy.
What the accounts disclose
“Carers Trust aims to hold the weighted risk amount in free reserves which was £2.00m at the end of March. Actual unrestricted free reserves were £2.07m, within the range of full and weighted risks.” — page 24
“Carers Trust has two wholly owned subsidiary companies, neither of which traded during the year: Carers Enterprises Limited (Company Number 03244605), and Young Carers Limited, (Company number 11569890).”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Aneel Kumar Pattni
- Daniel Richard Corry
- Dr Emma Louise Whitcombe
- Jennifer Clare Downs
- John Robert Walker
- Kathryn Louise Franklin
- MARK VINCENT MAJOR
- Mark Robert Llewellyn
- Miriam Jacqueline Martin
- WILLIAM RHYS MOORE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £13.0m | £13.0m |
| 31/03/2024 | £11.0m | £11.0m |
| 31/03/2023 | £8.8m | £9.3m |
| 31/03/2022 | £9.3m | £8.4m |
| 31/03/2021 | £9.9m | £9.6m |
Common questions
Is CARERS TRUST financially healthy?
The accounts state that the charity finished the year with a small overall deficit of £46,741, driven by a surplus on unrestricted funds of £408,733 offset by restricted fund deficits. Per the trustees' report, unrestricted free reserves stood at £2,023,000, which is equivalent to six months of budgeted unrestricted expenditure, a level the Board considers appropriate given their new risk-based policy. Its FY2025 accounts were audited by Crowe U.K. LLP.
Who funds CARERS TRUST?
Funders whose own accounts filings name CARERS TRUST as a grant recipient include THE MASTER CHARITABLE TRUST, REUBEN FOUNDATION, THE PEARS FAMILY CHARITABLE FOUNDATION, THE NATIONAL GARDEN SCHEME, The Trevor Hemmings Foundation.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 13/02/2025 | £1.0m | Regular Grant 2025 |
| Postcode Lottery | 01/12/2023 | £1.0m | Regular Grant 2024 |
| Postcode Lottery | 16/02/2023 | £900k | Regular Grant 2023 |
| Postcode Lottery | 01/02/2022 | £800k | Regular Grant 2022 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Z V M RANGOONWALA FOUNDATION | 1 | £663k |
| CSIS CHARITY FUND | 1 | £75k |
| CARETECH CHARITABLE FOUNDATION | 1 | £50k |
| Evelyn Partners Charitable Trust | 1 | £48k |
| ANDREWS CHARITABLE TRUST | 1 | £45k |
| THE ANGUS LAWSON MEMORIAL TRUST | 1 | £43k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £39k |
| HALLMARK CARE HOMES FOUNDATION | 1 | £35k |