BAROD PROJECT

Registered charity 265008 · accounts filings on the Charity Commission register · also known as DRUGAID, SOUTH WALES ASSOCIATION FOR PREVENTION OF ADDICTION LIMITED

To bring about positive and sustained change for individuals and communities in support of the aspirations and needs of those affected by their own or someone else's drug and alcohol use, by offering oppportunities aimed at minimising harm and maximising resilience.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · website · Get email alerts

Latest income
£9.7m
Latest spending
£9.7m
Registered
1972
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that unrestricted free reserves amounted to £61,500,306, which the trustees report is above their stated policy target of three to six months of resources expended. The charity generated a net surplus of £88,529 for the year, with total incoming resources of £7,049,696 against total expenditure of £7,013,875.

Automated summary of the FY2022 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Xeinadin Audit Limited. Discloses 3 of 6 completeness components.

Public fundraising profile: JustGiving — Barod Project (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£9.7m
Total spending
£9.7m
Cost of raising funds
£78k
Reserves (reported)
£1.8m
Employees
243

Reported reserves equal ~2.3 months of spending — in the bottom 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: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£9.7m£9.7m
31/03/2024£9.3m£9.3m
31/03/2023£8.4m£8.3m
31/03/2022£6.9m£6.8m
31/03/2021£7.0m£7.0m

Common questions

Is BAROD PROJECT financially healthy?

Per its FY2022 accounts: The accounts state that unrestricted free reserves amounted to £61,500,306, which the trustees report is above their stated policy target of three to six months of resources expended. The charity generated a net surplus of £88,529 for the year, with total incoming resources of £7,049,696 against total expenditure of £7,013,875. Its FY2022 accounts were audited by Xeinadin Audit Limited.