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CARETECH CHARITABLE FOUNDATION

Registered charity 1182567 · accounts filings on the Charity Commission register · also known as CARETECH FOUNDATION

Latest income
£1.1m
Latest spending
£1.2m
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds £7,458,984 in unrestricted reserves, which is in excess of its stated target holding of £200,000. Per the trustees' report, the charity remains well-placed financially to deliver its long-term objectives, supported by a formal donation agreement with CareTech Ltd and an income diversification strategy.

What the accounts disclose

Reserves policy: six months of staff and associated costs (held: £7.5m)
“Since the 2021/22 Financial Year, the trustees have agreed the Foundation’s Reserves Policy to establish a target of maintaining free reserves equal to six months of staff and associated costs.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: CareTech Ltd made donations of £909,257, including £109,257 in shares and £8,731 in goods/services, with £700,000 outstanding at year end.
“During the year Caretech Holdings plc, now CareTech Ltd, a company with three mutual Trustees/Directors, made donations to the Charity of £909,257 (2023: £824,178). This included a gift in kind of shares in the unlisted company of £109,257 (2023: nil), and donated services/goods of £8,731 (2023: £24,178). A balance of £700,000 remains outstanding at the year end (2023: £550,000).” — page 56
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Peters Elworthy & Moore.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 30/09/2025)

Total income
£1.1m
Total spending
£1.2m
Reserves (reported)
£7.4m
Employees
6

Reported reserves equal ~71.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bangladesh · Pakistan · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/09/2025£1.1m£1.2m
30/09/2024£1.4m£1.4m
30/09/2023£1.8m£2.3m
30/09/2022£2.4m£2.4m
30/09/2021£1.4m£945k

Common questions

Is CARETECH CHARITABLE FOUNDATION financially healthy?

The accounts state that the charity holds £7,458,984 in unrestricted reserves, which is in excess of its stated target holding of £200,000. Per the trustees' report, the charity remains well-placed financially to deliver its long-term objectives, supported by a formal donation agreement with CareTech Ltd and an income diversification strategy. Its FY2024 accounts were audited by Peters Elworthy & Moore.

Who funds CARETECH CHARITABLE FOUNDATION?

Funders whose own accounts filings name CARETECH CHARITABLE FOUNDATION as a grant recipient include THE MOTIVATION CHARITABLE TRUST, HALLMARK CARE HOMES FOUNDATION, ONE FOOTSTEP.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE MOTIVATION CHARITABLE TRUSTFY2023£81k
HALLMARK CARE HOMES FOUNDATIONFY2023£26k
ONE FOOTSTEPFY2023—

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE LANCASHIRE FOUNDATION.