Credu Supporting Young and Adult Carers Limited

Analysis

Credu Supporting Young and Adult Carers Limited is a registered charity in England and Wales, based in Powys. It was registered in May 2004, 22 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and the prevention or relief of poverty, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 04779458). It says it provides human resources, provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Credu Supporting Young and Adult Carers Limited reported income of £1.6m and spending of £1.6m, spending 100% of its income. Across the 5 years on record, from March 2021 to March 2025, income fell from £1.6m to £1.6m (-2.4%), an average of -0.6% a year. The sharpest change came in the year to March 2024, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Credu Supporting Young and Adult Carers Limited sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include The Lullaby Trust (£1.6m), Multiple Sclerosis-Uk Limited (£1.6m) and Warren House Group at Dartington (£1.6m).

In its latest detailed accounts, income came from charitable activities 96% and trading 2.7%. Charitable activities took 96% of spending and raising funds 3.1%. Grants to other organisations totalled £80k. Reserves of £508k would cover about 4 months of spending at that rate. It employed 43 people.