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home >> charity search >> credu supporting young and adult carers limited
Finance Score: 1
Governance Score: 5
Support Score: 7
  • Low unrestricted reserves: -2
  • Strong growth: +2
  • Deficit latest year: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Mainly female board: -1
  • Overall weighted support: +7
Overall GiG Score: 13 ?

CREDU SUPPORTING YOUNG AND ADULT CARERS LIMITED

We believe in people: their skills, abilities and talents, and the resilience they display in everyday life. We believe in the invaluable contributions carers make to their loved ones and their communities. We believe carers of all ages deserve to thrive and be able to get the most out of life.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition
  • This charity is based in an area of high deprivation

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • The Board is predominantly female

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end
  • Income was lower than spending in the latest year

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit £k		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/03/23£1,421£1,584£-163£79£745£3142.440200
31/03/22£1,647£1,536£111£70£908£4093.244158
31/03/21£1,642£1,393£248£68£797£3302.84260
31/03/20£1,373£1,136£236£79£549£1781.93868
31/03/19£1,087£1,049£38£82£313£1131.34424
31/03/18*£933£874£59£75£293£1221.7300
31/03/17*£828£820£8£64£234£1432.1300
31/03/16*£780£715£65£8£226£1182300
31/03/15*£762£729£33£7£161£1181.9190
31/03/14£522£505£17£8£128£912.2140
31/03/13£542£524£18£8£111£851.9150
31/03/12£455£467£-12n/an/an/an/an/an/a
31/03/11*£457£429£28n/an/an/an/an/an/a
31/03/10£402£395£7n/an/an/an/an/an/a
31/03/09£402£395£7n/an/an/an/an/an/a
31/03/08£359£427£-67n/an/an/an/an/an/a
31/03/07*£374£322£52n/an/an/an/an/an/a
31/03/06*£309£283£26n/an/an/an/an/an/a
31/03/05£268£275£-7n/an/an/an/an/an/a
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 5.9%
Fundraising Costs/Total Spending: 5%
Highest pay band: Less than £60,000
Liabilities/Assets: 10%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 42%
Reserves/Spending: 2.4 months
Net Current Assets/Spending: 6 months
Quick Ratio: 7.2
Asset Split ?
Balance Sheet History
Established: 21 years

www.credu.cymru

carers@credu.cymru

01597823800

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Disability
  • Education/Training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Care for carers
How it operates
  • Acts as an umbrella or resource body
  • Provides advocacy/advice/information
  • Provides human resources
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Ceredigion, Conwy, Denbighshire, Powys, Wrexham,
  • This charity is based in an area of high deprivation
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Defined Groups
  • People With Disabilities

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
Tudor Trust£72,000
Triangle Trust 1949 Fund£64,895
Esmee Fairbairn£22,657
Co-Operative Group£3,121
Specific Donations
Amount When
Months		 To be used for
BBC Children in Need - Grant to Powys Carers Service Ltd
£500 20/10/2022
0
‘Cost of Living uplift: £500 to help projects meet their rising costs and respond to increased demand 31/10/2022’
Triangle Trust 1949 Fund - Credu Connecting Carers (Powys Carers Service Ltd) - 1
£64,895 13/10/2022
To build and embed effective recognition, respect and support for Young and Young Adult Carers in education through peer mentoring, mentoring support and whole school systems.
Tudor Trust - Grant to Credu - Connecting Carers in Powys
£2,000 04/01/2021
as an additional grant to support staff, volunteer and trustee wellbeing, to assist the organisation deliver its charitable purpose more effectively
Co-Operative Group - Grant to Credu Connecting Carers
£3,121 24/10/2020
As parents and community members, we would like to learn sign language level 2 to communicate with our local deaf children and adults.
Esmee Fairbairn - Grant to Credu Connecting Carers
£22,657 05/05/2020
6
towards unrestricted core costs as a COVID-19 fast response grant
Tudor Trust - Grant to Credu - Connecting Carers in Powys
£70,000 27/11/2019
24
over two years as continuation funding towards an action research project to help Credu assess how new ways of working impact on carers in mid-Wales
BBC Children in Need - Grant to Powys Carers Service Ltd
£123,511 26/06/2019
36
This project will provide sessions, activities, and trips for young carers. They will make more friends, feel better understood and feel less lonely.
Esmee Fairbairn - Grant to Credu Connecting Carers
£135,944 23/10/2018
36
Towards a programme that supports young carers in rural settings using a coaching approach and sharing best practice across Wales.
Tudor Trust - Grant to Credu Connecting Carers
£35,000 19/05/2017
12
over one year towards an action research project to understand how Credu's new way of working is impacting on carers in mid-Wales
National Lottery Community Fund - Connected Generation
£718,189 22/03/2017
36
Connected Generation
Lloyds Bank Foundation - Grant to Powys Carers Service
£72,781 20/07/2016
36
Providing support to young and adult carers across Powys in addressing key transitions in their lives. The grant will fund 26-hrs of salary and associated delivery costs.
Triangle Trust 1949 Fund - Credu - 2
£95,000 01/10/2015
36
Core funding to help develop a network of charity shops/carer drop in centres across the area.
Henry Smith Charity - Grant to Powys Carers Service
£122,400 17/09/2015
36
towards three years' continuation funding of a project providing support and advice to young adult carers in Powys
Lloyds Bank Foundation - Grant to Powys Carers Service
£9,500 31/07/2012
travel, mobile phone, and management costs for the volunteer counsellors
Henry Smith Charity - Grant to Powys Carers Service
£117,600 13/06/2012
36
towards three years' salary of two new Young Adult Carers Advocates to support young carers in Powys
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split

Age Range of Trustees: 21-83
  • ANN WILLIAMS Appointed: 2003, Occupation: Housewife
  • ELUNED MAIR YAXLEY Appointed: 2021, Occupation: Engagement & Communication Officer
  • EMILY LOUISE BLEAKLEY Appointed: 2021, Occupation: Full Time Student
  • GABRIELLE HEATHCOTE Appointed: 2022, Occupation: Professor
  • JOHN RAFTREE Appointed: 2019, Occupation: Retired
  • MARILYN ANN JARVIS Appointed: 2013, Occupation: Retired
  • MARGARET HILDA EVITTS Appointed: 2020, Occupation: Retired Headteacher
  • SUSANNE CONSTANCE JOHN Appointed: 2020, Occupation: Retired
Legal constitution
  • Charitable company registered in England & Wales on 12/05/2004, number: 1103712
  • Registered at Companies House on 28/05/2003, number: 04779458
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • 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
Filing Record
19 returns made; AR18: 1 days late, AR17: 2 days late, AR16: 2 days late, AR15: 2 days late, AR11: 1 days late, AR07: 5 days late, AR06: 1 days late,
Recent reorganisation events:
  • Asset transfer in from A VOICE FOR YOU LIMITED on 07/06/2022
Main office

Oasis
Spa Road
LLANDRINDOD WELLS
Powys
LD1 5ER

Objectives

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

Defined Area of Benefit:

THE COUNTY OF POWYS

Data Sources

Charity Commission for England and Wales
360 Giving

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