CAREFREE - FOSTERING INDEPENDENCE CORNWALL

Charity number: 1124492
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

We work with care experienced young people aged 11-25. Our aim is to give young people in care the chance to have a good life through positive relationships, support at times of transition and influencing the services they receive. We deliver relationship based positive activities and support young people through adolescence and into adulthood through a Leaving Care service.

Income and expenditure

Data for financial year ending 31 December 2024

Total income:
£1,490,337

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Donations and legacies £11.37k
Charitable activities £1.47m
Other trading activities £0
Investments £8.43k
Other £0

Total expenditure:
£1,422,070

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Raising funds £0
Charitable activities £1.42m
Other £0

£409 investments gains (losses)

Total income includes £820,900 from 7 government contract(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 £0
Charitable expenditure £1.42m
Retained for future use £68.27k

People

36 Employee(s)

6 Trustee(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:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Arts/culture/heritage/science
  • Amateur Sport
  • Economic/community Development/employment
  • Human Rights/religious Or Racial Harmony/equality Or Diversity
  • Recreation
Who the charity helps:
  • Children/young People
  • Other Defined Groups
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Cornwall

Governance

Registration history:
  • 12 June 2008: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
06481146 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
  • Campaigns and political activity 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
  • Investing charity funds policy and procedures
  • Investment
  • 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

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Jane Belinda Hampton Chair 14 March 2019
None on record
Mx Sophie Griffiths Trustee 13 November 2024
None on record
Andrew Earle Trustee 14 March 2023
None on record
Nicola Johnson Trustee 17 June 2021
None on record
Mark Ellis Trustee 18 June 2019
None on record
Richard Grant Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2020 31/12/2021 31/12/2022 31/12/2023 31/12/2024
Total gross income £1.02m £877.58k £1.15m £1.38m £1.49m
Total expenditure £786.13k £1.01m £1.04m £1.35m £1.42m
Income from government contracts £383.72k £402.96k £627.91k £775.39k £820.90k
Income from government grants N/A £520 N/A N/A N/A
Income - Donations and legacies £35.89k £70.30k £20.30k £12.52k £11.37k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £982.21k £807.27k £1.13m £1.36m £1.47m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £49 £7 £588 £4.22k £8.43k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £786.13k £1.01m £1.04m £1.35m £1.42m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £4.80k £0 £0 £10.85k £10.91k
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 31/12/2020 31/12/2021 31/12/2022 31/12/2023 31/12/2024
Own use assets £1.11k £556 £0 £463 £5.12k
Long-term investments £6.30k £5.60k £6.22k £5.04k £2.88k
Other assets £504.13k £380.71k £493.78k £575.95k £697.73k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £34.27k £43.18k £39.81k £95.26k £150.85k

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 December 2024 02 May 2025 On Time
Accounts and TAR 31 December 2024 02 May 2025 On Time Download Open in new window
Annual return 31 December 2023 23 July 2024 On Time
Accounts and TAR 31 December 2023 23 July 2024 On Time Download Open in new window
Annual return 31 December 2022 27 June 2023 On Time
Accounts and TAR 31 December 2022 27 June 2023 On Time Download Open in new window
Annual return 31 December 2021 20 July 2022 On Time
Accounts and TAR 31 December 2021 20 July 2022 On Time Download Open in new window
Annual return 31 December 2020 22 July 2021 On Time
Accounts and TAR 31 December 2020 22 July 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 OF ASSOCIATION INCORPORATED 23 JANUARY 2008 AS AMENDED 23 MAY 2008

Charitable objects

TO ACT AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 25 WITH PARTICULAR FOCUS ON THOSE AGED 13 TO 17 LIVING IN CORNWALL AND WHO HAVE BEEN, ARE OR AT RISK OF BEING IN CARE BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF: A ADVANCING IN LIFE AND HELPING THEM BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS. B ADVANCING EDUCATION AND TRAINING. C RELIEVING UNEMPLOYMENT. D PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR YOUNG PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS.

Area of benefit

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

CORNWALL

Contact information

Address:
Carefree
Clinton Passage
REDRUTH
TR15 2AY
Phone:
01209204333
Email:
info@carefreecornwall.org.uk
Website:

www.carefreecornwall.org.uk Open in new window