CREDU SUPPORTING YOUNG AND ADULT CARERS LIMITED

Charity number: 1103712
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Supporting Unpaid Carers of all ages in Powys Supporting Young Carers in Wrexham, Conwy & Denbighshire

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,766,455

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Donations and legacies £7.13k
Charitable activities £1.72m
Other trading activities £39.50k
Investments £2.31k
Other £0

Total expenditure:
£1,599,540

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Raising funds £44.89k
Charitable activities £1.55m
Other £0

£0 investments gains (losses)

Total income includes £582,435 from 3 government contract(s) and £442,744 from 13 government grant(s)

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.

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Raising funds and other expenditure £44.89k
Charitable expenditure £1.55m
Retained for future use £166.92k

People

41 Employee(s)

9 Trustee(s)

200 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

One or more of the employees were formerly trustees

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Defined Groups
How the charity helps:
  • Provides Human Resources
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Ceredigion
  • Conwy
  • Denbighshire
  • Powys
  • Wrexham

Governance

Registration history:
  • 12 May 2004: Standard registration
  • 07 June 2022: Funds received from 1000938 A VOICE FOR YOU LIMITED
Organisation type:
Charitable company
Other names:
  • CREDU (Working name)
  • PCS (Working name)
  • WCD YOUNG CARERS & POWYS YOUNG CARERS (Working name)
  • POWYS CARERS' SERVICE LIMITED (Previous name)
Company number:
04779458 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

9 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Claire Mitchell Trustee 11 December 2024
None on record
Owen Jones Trustee 30 October 2024
None on record
Gabrielle Heathcote Trustee 20 June 2022
None on record
Emily Louise Bleakley Trustee 15 December 2021
None on record
Susanne Constance John Trustee 15 June 2020
None on record
Margaret Hilda Evitts Trustee 15 June 2020
None on record
John Raftree Trustee 11 November 2019
None on record
MARILYN ANN JARVIS Trustee 24 September 2013
None on record
ANN WILLIAMS Trustee
LLANGATTOCK COMMUNITY EDUCATION TRUST
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £1.37m £1.64m £1.65m £1.42m £1.77m
Total expenditure £1.14m £1.39m £1.54m £1.58m £1.60m
Income from government contracts £748.10k £590.92k £691.72k £613.60k £582.43k
Income from government grants £10.95k £446.49k £626.68k £399.03k £442.74k
Income - Donations and legacies £11.27k £33.95k £31.76k £13.11k £7.13k
Income - Other trading activities £87.09k £23.86k £69.86k £77.00k £39.50k
Income - Charitable activities £1.27m £1.58m £1.55m £1.33m £1.72m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £625 £225 £4 £936 £2.31k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.06m £1.33m £1.47m £1.51m £1.55m
Expenditure - Raising funds £78.76k £68.15k £69.81k £78.87k £44.89k
Expenditure - Governance £8.05k £10.03k £10.07k £17.30k £13.66k
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 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £141 £99 £56 £0 £0
Long-term investments £0 £0 £0 £0 £0
Other assets £694.59k £896.13k £1.02m £826.79k £979.67k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £145.74k £99.05k £114.35k £82.04k £68.00k

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 2024 22 January 2025 On time
Accounts and TAR 31 March 2024 22 January 2025 On time Download Open in new window
Annual return 31 March 2023 17 January 2024 On time
Accounts and TAR 31 March 2023 17 January 2024 On time Download Open in new window
Annual return 31 March 2022 10 January 2023 On time
Accounts and TAR 31 March 2022 10 January 2023 On time Download Open in new window
Annual return 31 March 2021 26 January 2022 On time
Accounts and TAR 31 March 2021 26 January 2022 On time Download Open in new window
Annual return 31 March 2020 09 January 2021 On time
Accounts and TAR 31 March 2020 09 January 2021 On time Download Open in new window
Submit annual return Open in new window

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 28 MAY 2003 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 04 MAY 2010 AS REGISTERED AT COMPANIES HOUSE ON 08 FEB 2011 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 05 DEC 2013 AS REGISTERED AT COMPANIES HOUSE ON 19 DEC 2013 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 22 NOV 2022

Charitable objects

1. TO ALLEVIATE MENTAL AND PHYSICAL DISTRESS AMONGST EXISTING AND FORMER UNPAID CARERS. 2. TO ADVANCE EDUCATION CONCERNING CARING AMONGST CARERS AND THE PUBLIC.

Area of benefit

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

THE COUNTY OF POWYS

Contact information

Address:
Oasis
Spa Road
LLANDRINDOD WELLS
Powys
LD1 5ER
Phone:
01597823800
Email:
carers@credu.cymru
Website:

www.credu.cymru Open in new window