Carefreespace
Carefree harnesses the power of technology and the spirit of the shared society to support and sustainunpaid carers, the invisible workforce without which our social care system could not survive. In partnershipwith the hospitality industry and third sector organisations we are tackling one of the greatest socialchallenges of our time.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net liability position of £84,919, driven largely by social investment repayments. Despite this deficit, the trustees confirm the charity has adequate resources to continue operations for the next 12 months and maintain a going concern basis. The charity holds £209,369 in net current assets, providing a buffer against its short-term liabilities.
What the accounts disclose
“The reserve policy sets a goal for the charity to hold three months of average core expenses in the reserve.” — page 7
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Charles Michael Thomas Ricketts
- David Edward Myers
- Iain Campbell Mackay
- Jonathan Guy Ollerton Smith
- Karen Ngo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £842k | £684k |
| 31/12/2023 | £431k | £674k |
| 31/12/2022 | £486k | £501k |
| 31/12/2021 | £337k | £405k |
| 31/12/2020 | £456k | £448k |
Common questions
Is Carefreespace financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net liability position of £84,919, driven largely by social investment repayments. Despite this deficit, the trustees confirm the charity has adequate resources to continue operations for the next 12 months and maintain a going concern basis. The charity holds £209,369 in net current assets, providing a buffer against its short-term liabilities. Its FY2024 accounts were independently examined.
Who funds Carefreespace?
Funders whose own accounts filings name Carefreespace as a grant recipient include THE PEARS FAMILY CHARITABLE FOUNDATION, THE BLAGRAVE TRUST, THE RAYNE TRUST, THE PRUDENCE TRUST, JOHN SWIRE 1989 CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PEARS FAMILY CHARITABLE FOUNDATION | FY2023 | £60k | Core Funding |
| THE BLAGRAVE TRUST | FY2024 | £25k | The Listening Fund |
| THE BLAGRAVE TRUST | FY2022 | £23k | The Listening Fund |
| THE RAYNE TRUST | FY2024 | £20k | Towards core costs. |
| THE BLAGRAVE TRUST | FY2023 | £15k | The Listening Fund |
| THE PRUDENCE TRUST | FY2022 | £15k | Breaks for Young Carers |
| JOHN SWIRE 1989 CHARITABLE TRUST | FY2023 | £15k | |
| THE RAYNE TRUST | FY2023 | £10k | Towards core costs for work to suport more unpaid, fulltime carers so that they can connect and access services they need. |
| JOHN SWIRE 1989 CHARITABLE TRUST | FY2024 | £10k | |
| THE ANTON JURGENS CHARITABLE TRUST | FY2025 | £5k | |
| THE ASTOR FOUNDATION | FY2023 | £1k | |
| JOHN SWIRE 1989 CHARITABLE TRUST | FY2021 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 26/02/2024 | £4k | Vouchsafe |
| City Bridge Foundation | 12/06/2023 | £500k | Grant to Carefreespace |
| The National Lottery Community Fund | 25/07/2019 | £497k | Carefree: co-creating a shared value chain to support the wellbeing fo |
| Sport England | 25/06/2009 | £10k | Carefree Summer Programmes at BF Adventure |