CARETRADE CHARITABLE TRUST

Charity number: 1127890
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

CareTrade's mission is to improve the life chances of autistic young people and adults by: creating inspirational work experience, recreational and social opportunities; providing education, employment support and other services to meet the needs of individuals; working with businesses to transform employment for autistic people.

Income and expenditure

Data for financial year ending 31 July 2024

Total income:
£1,411,313

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Donations and legacies £121.53k
Charitable activities £1.28m
Other trading activities £0
Investments £7.75k
Other £0

Total expenditure:
£1,474,483

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Raising funds £8.88k
Charitable activities £1.47m
Other £0

£0 investments gains (losses)

Total income includes £1,254,734 from 11 government contract(s) and £29,886 from 1 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 £8.88k
Charitable expenditure £1.47m

People

28 Employee(s)

5 Trustee(s)

26 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£90k to £100k 1

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
  • Disability
Who the charity helps:
  • Children/young People
  • People With Disabilities
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Other Charitable Activities
Where the charity operates:
  • Throughout England

Governance

Registration history:
  • 04 February 2009: Standard registration
  • 23 April 2024: Funds received from 1096508 EMPLOYMENT AUTISM
Organisation type:
Charitable company
Other names:

No other names

Company number:
06789119 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
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
  • 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 does not own and/or lease 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

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Paul Sparkes Chair 21 February 2018
None on record
Ethnanda Manley-Browne Trustee 17 July 2024
None on record
Nithyambika Gurukumar Trustee 01 December 2021
None on record
Janet Park Trustee 01 December 2021
None on record
Keval Shah Trustee 31 October 2019
None on record

Financial history

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Financial period end date

Income / Expenditure 31/01/2020 31/07/2021 31/07/2022 31/07/2023 31/07/2024
Total gross income £681.75k £1.29m £1.17m £1.29m £1.41m
Total expenditure £545.56k £1.15m £1.01m £1.29m £1.47m
Income from government contracts £653.29k £1.09m £928.98k £1.12m £1.25m
Income from government grants £9.38k £110.57k £39.48k £39.01k £29.89k
Income - Donations and legacies £14.02k £185.50k £206.13k £134.62k £121.53k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £667.71k £1.10m £959.51k £1.15m £1.28m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £16 £2.41k £2.40k £6.94k £7.75k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £540.18k £1.10m £980.38k £1.25m £1.47m
Expenditure - Raising funds £5.38k £51.43k £29.97k £36.79k £8.88k
Expenditure - Governance £0 £5.95k £6.13k £6.97k £7.35k
Expenditure - Grants institution £0 £0 £0 £16.00k £13.00k
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 31/01/2020 31/07/2021 31/07/2022 31/07/2023 31/07/2024
Own use assets £35.57k £67.66k £61.98k £35.93k £105.22k
Long-term investments £0 £0 £0 £0 £0
Other assets £491.49k £603.58k £752.75k £762.61k £733.63k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £172.06k £177.75k £163.55k £148.12k £251.59k

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 July 2024 28 April 2025 On Time
Accounts and TAR 31 July 2024 28 April 2025 On Time Download Open in new window
Annual return 31 July 2023 22 May 2024 On Time
Accounts and TAR 31 July 2023 22 May 2024 On Time Download Open in new window
Annual return 31 July 2022 06 May 2023 On Time
Accounts and TAR 31 July 2022 06 May 2023 On Time Download Open in new window
Annual return 31 July 2021 23 May 2022 On Time
Accounts and TAR 31 July 2021 23 May 2022 On Time Download Open in new window
Annual return 31 January 2020 30 September 2020 On Time
Accounts and TAR 31 January 2020 30 September 2020 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 12 JANUARY 2009 AS AMENDED BY SPECIAL RESOLUTION 27 JANUARY 2009 as amended on 02 Aug 2023

Charitable objects

TO FURTHER SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF ADULTS AND YOUNG PEOPLE WITH AUTISM, PRIMARILY BUT NOT EXCLUSIVELY ADDRESSING THE NEEDS OF SOUTHWARK AND LONDON RESIDENTS. IN PARTICULAR, BUT NOT EXCLUSIVELY BY: (I) ADDRESSING THE EMPLOYMENT, VOCATIONAL, SOCIAL, RECREATIONAL, RESIDENTIAL AND CARE NEEDS OF PEOPLE WITH AUTISM (II) CREATING AND SUPPORTING OTHERS TO CREATE VOCATIONAL, EMPLOYMENT, SOCIAL, RECREATIONAL, RESIDENTIAL AND CARE OPPORTUNITIES FOR PEOPLE WITH AUTISM (III) ADDRESSING THE WORK EXPERIENCE NEEDS OF YOUNG PEOPLE WITH AUTISM WHO ARE STILL AT SCHOOL (IV) WORKING WITH BUSINESSES AND OTHER ORGANISATIONS TO PROMOTE THE NEEDS OF PEOPLE WITH AUTISM IN THE WORKPLACE AND COMMUNITY AT LARGE AND HELPING THEM TO DEVELOP THEIR SOCIAL RESPONSIBILITY PLANS IN RELATION TO PEOPLE WITH AUTISM

Area of benefit

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

SOUTHWARK, LONDON

Contact information

Address:
Larcom House
9 Larcom Street
London
SE17 1RT
Phone:
02033756288
Email:
INFO@CARETRADEUK.ORG
Website:

www.care-trade.org Open in new window