CAREERS DEVELOPMENT GROUP

Charity number: 285251
Removed charity

Charity overview

Activities - how the charity spends its money

Careers Development Group is a dynamic charity that seeks to help individuals who have been out of work for a considerable time or who have barriers or disabilities that make it difficult for them to find sustainable employment. We provide training, work experience and the support necessary to achieve a better quality of life.

Income and expenditure

Data for financial year ending 31 March 2013

Total income:
£20,946,038

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Donations and legacies £178.41k
Charitable activities £20.72m
Other trading activities £0
Investments £45.88k
Other £0

Total expenditure:
£24,422,591

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Raising funds £0
Charitable activities £24.38m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £38.93k
Charitable expenditure £24.38m

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • Education/training
  • Disability
  • The Prevention Or Relief Of Poverty
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Hampshire
  • Isle Of Wight
  • Northamptonshire
  • West Sussex
  • Throughout London

Governance

Registration history:
  • 05 October 1982: Standard registration
  • 20 March 2014: Removed (Amalgamated)
  • 20 March 2014: Funds transferred to 287785 THE SHAW TRUST LIMITED
Organisation type:
Charitable company
Other names:
  • C D G (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/03/2009 31/03/2010 31/03/2011 31/03/2012 31/03/2013
Total gross income £26.74m £33.26m £30.84m £24.18m £20.95m
Total expenditure £26.60m £31.48m £30.28m £24.36m £24.42m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £0 £0 £0 £210.70k £178.41k
Income - Other trading activities £0 £0 £0 £2.00k £0
Income - Charitable activities £26.66m £33.23m £30.77m £23.87m £20.72m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £73.51k £33.94k £69.10k £97.24k £45.88k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £26.53m £31.43m £30.25m £24.30m £24.38m
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance £62.97k £44.80k £29.59k £32.48k £38.93k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2009 31/03/2010 31/03/2011 31/03/2012 31/03/2013
Own use assets £481.20k £1.42m £1.45m £3.56m £3.85m
Long-term investments £100 £100 £100 £100 £1.00k
Other assets £5.10m £12.92m £13.28m £11.61m £7.26m
Defined benefit pension scheme asset or liability -£304.00k -£532.00k -£319.00k -£462.00k £0
Total liabilities £2.03m £9.01m £8.83m £9.45m £9.34m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2013 31 January 2014 On Time
Accounts and TAR 31 March 2013 30 January 2014 On Time
Annual return 31 March 2012 16 August 2012 On Time
Accounts and TAR 31 March 2012 10 July 2012 On Time
Annual return 31 March 2011 19 October 2011 On Time
Accounts and TAR 31 March 2011 26 July 2011 On Time
Annual return 31 March 2010 20 August 2010 On Time
Accounts and TAR 31 March 2010 05 July 2010 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 29/06/1982 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 29/06/2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 30/06/2009 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 26/09/2012

Charitable objects

THE ADVANCEMENT OF EDUCATION AND THE RELIEF OF UNEMPLOYMENT, NEED AND SOCIAL DISADVANTAGE FOR THE PUBLIC BENEFIT, THROUGH THE PROVISION OF TRAINING AND/OR TRAINING FACILITIES OR BY SUCH OTHER MEANS AS THE TRUSTEES SHALL FROM TIME TO TIME DETERMINE APPROPRIATE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNITED KINGDOM AND EUROPE