The Charlie & Carter Foundation Limited
The Charlie & Carter Foundation, based in South Shields, provides financial support to the parents of seriously ill children with life limiting conditions which require 24 hour nursing care or specialist nursing facilities. Raising awareness of the difficulties faced by parents and carers who care for seriously ill children and strives to improve the quality of life of sick children.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £36,052 for the year ended 31 May 2025, resulting in a decrease in unrestricted reserves from £173,067 to £137,015. The trustees maintain a reserves policy target of one month's operating costs, and the current unrestricted reserves of £137,015 are significantly above this stated target. The independent examiner confirmed that the accounts comply with statutory requirements and the Charities SORP.
What the accounts disclose
“Income from charitable activities - Shop income 110,816”
“The trustees have set a level equivalent to 1 months of operating costs for the organisation as a desired level of reserve.” — page 9
“During the year, one or more Trustees has been paid remuneration or has received other benefits from an employment with the Company. Sarah Cookson is employed in the finance department.” — page 19
Trustees
- CHRISTOPHER COOKSONchair
- Claire Haley
- Joanne Nicholson
- Mark Nicholson
- Shaun Darcy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £275k | £311k |
| 31/05/2024 | £266k | £291k |
| 31/05/2023 | £229k | £251k |
| 31/05/2022 | £251k | £211k |
| 31/05/2021 | £148k | £170k |
Common questions
Is The Charlie & Carter Foundation Limited financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £36,052 for the year ended 31 May 2025, resulting in a decrease in unrestricted reserves from £173,067 to £137,015. The trustees maintain a reserves policy target of one month's operating costs, and the current unrestricted reserves of £137,015 are significantly above this stated target. The independent examiner confirmed that the accounts comply with statutory requirements and the Charities SORP. Its FY2025 accounts were independently examined.