PRAMACARE

Registered charity 801967 · accounts filings on the Charity Commission register · also known as PRAMA

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Latest income
£3.6m
Latest spending
£3.7m
Registered
1989
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £275,671 for the year ended 31 March 2024, driven by strong charity shop performance and legacies, despite a reduction in domiciliary care hours. Unrestricted reserves stood at £703,599, which is above the trustees' stated minimum policy target of £475,000, providing a buffer against challenging market conditions.

What the accounts disclose

Reserves policy: minimum reserve of £475,000 (held: £704k)
Following a full review of the reserves policy during 2020/21 the trustees considered it prudent to maintain a minimum reserve of £475,000 in this respect. — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Legal services paid to Lester Aldridge, where trustee Mr E Adamson is a designated member.
Mr E Adamson is a trustee of Pramacare and is also a designated member of Lester Aldridge. During the year Pramacare paid £4,208 for professional legal services provided by Lester Aldridge. Mr E Adamson was not involved in the transactions, and these were at arm’s length. — page 36
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Prama Care (matched by registered charity number).

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

Total income
£3.6m
Total spending
£3.7m
Cost of raising funds
£1.1m
Reserves (reported)
£571k
Employees
150

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

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Trustees

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

Operates in: Dorset

Income and spending

Financial year endIncomeSpending
31/03/2025£3.6m£3.7m
31/03/2024£4.0m£3.7m
31/03/2023£3.3m£3.5m
31/03/2022£3.8m£3.7m
31/03/2021£4.0m£3.7m

Common questions

Is PRAMACARE financially healthy?

The accounts state that the charity reported a surplus of £275,671 for the year ended 31 March 2024, driven by strong charity shop performance and legacies, despite a reduction in domiciliary care hours. Unrestricted reserves stood at £703,599, which is above the trustees' stated minimum policy target of £475,000, providing a buffer against challenging market conditions. Its FY2024 accounts were audited by Saffery LLP.