The directors/trustees present their report and financial statements for the year ended 31 March 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the CRED Foundation government document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016).
CHAIR OF TRUSTEES REVIEW
The year under review has ended on a more positive note than it started. At the beginning of the period the globe was still dominated by the ravages of the global COVID-19 pandemic and many of the communities that CRED partners with were still experiencing its after-shocks. In addition, as the reporting period ends the war in Ukraine has brought a degree of disruption across the globe and considerable financial headwinds are being felt in many communities across the world. Increased fuel prices and energy costs being likely to have significant impacts in many of the poorest communities, who have the least resources to be able to respond to such changes.
For the peoples in the nations in which the CRED Foundation (CRED) operates, where large swathes of the population are vulnerable and grappling with the twin threats of poverty and injustice, the impacts of the pandemic have been acute. Lack of good health care infrastructure, lack of even the most basic social care provision and already extreme levels of poverty and deprivation have simply made the situation far beyond challenging. Going into the next year will continue to be challenging for these communities. But there have been very positive signs in these communities and the grace and love of God continues to shine brightly and the leadership teams in the partners we work with, continue to amaze us with what they are able to do, with such meagre resources.
I never cease to be overwhelmed by the resourcefulness and the diligence of those working in the partners. Their deep faith in the God they serve is most humbling as they trust Him to provide for their needs in the most trying of circumstances.
So, I want to highlight the two key groups of people with whom CRED works.
Our wonderful partners
In the section detailed below you will see the details of each of the partners with which we work. They have several similarities, for example, their almost boundless passion for the people they serve. But they are also very different, scattered across many nations and in many different contexts. The communities they support and minister to are all needy and all require some form of external intervention or support to make life survivable. This these partners do with great energy and passion, with great respect and humility. Each of these partners, who we very much view as personal friends, keep the light of Christ burning in their communities when there is much darkness all around them. We thank God for the work they do and are filled with joy to journey with them.
Our supporters and donors
These are the wonderful people who facilitate the work of the partners through their prayers and through their financial support. Despite many financial headwinds in the reporting period, the support from our donors has continued. Very often they are more than ready to open their bank balances to provided extra support to the partners as particular, often acute needs arise. We know that they are always ready to serve the partners by giving most generously to support the various needs. The supporters and donors again are diverse individuals from across many different walks of life but again are united by they desire to serve those overseas whose needs are great and who require some form of external input.
We, and the partners are richly blessed by the generosity of these people as they give regularly, pray regularly and show ongoing interest in the project we support. I and all of the Trustees are most grateful for your ongoing generosity and support.
CRED continues to feel the sheer joy of the work we are involved in. Our world is a beautiful place, however, filled with injustice and depravation. As indicated below, the core value of CRED is “grounded in the social justice imperatives set out in the Christian gospel and in the philosophy that all men, women and children are valued, born free and equal in dignity and rights.” It is my confident belief that we have, in the year under review, continued to uphold that value to the best of our ability and to the benefit and blessing of the communities we serve.
Simon Wareham - Chair of Trustees
CRED IN SUMMARY
Who is CRED?
CRED stands for - Christian Relief, Education and Development
Registered UK charity and registered at Companies House (see pg. 1 above for details)
Originally established as a trust on 3rd November 1997
What are CRED’s values?
The foundation is grounded in the social justice imperatives set out in the Christian gospel and in the philosophy that all men, women and children are valued, born free and equal in dignity and rights.
What we do?
Building relationships with locally based overseas partners to bring about transformation through the projects (see below).
Provide awareness-raising, specialised assistance, context-sensitive advocacy and open access to financial donations for the partners.
Areas of focus:
Community-based support and development
Relief from poverty
Educational support
Employment opportunities
Environmental sustainability
Post-conflict community rehabilitation and support
CRED Partners:
Reflect our values, and work within one or more of the areas of focus ; we only partner with organisations to which we feel we can provide beneficial and impactful support.
Currently 12 overseas partners are part of the CRED family (see page 6 below for more details).
Partners are located in sub-Saharan Africa as well as India and Nepal.
CRED looks to facilitate long-term relationship between the partners and donors.
The directors/trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the CRED Foundation should undertake.
PURPOSE, VISION AND CORE VALUES
During the year under review the Trustees have done significant work to evaluate CRED’s purpose and vision, and to align these to our core values as an organisation. The outcome of that has been as follows.
Purpose statement:
CRED Foundation’s purpose is centred around transformation.
We work to help people in developing countries suffering from economic, social or environmental hardship by partnering with, and providing support to, specifically selected organisations who run projects designed to alleviate deprivation of this kind.
Vision statement:
Our vision is to be a strong advocate for, and supporter of, our overseas partners through empowering them, and channelling funds for projects that reduce hardship for those whom we help and support.
We will deliver our purpose and vision through our Christian ethos by:
Journeying with our partners to understand what they are doing and how we can help;
Selecting and deploying resources professionally and equitably through objective assessments;
Maintaining an ongoing dialogue, both remotely and where possible face to face, with our partners to ensure we fully understand their current situation and their evolving local context;
Acting as a conduit between those partners and (mainly UK) supporters to facilitate their support in terms of finance, specialist resource, prayer and relationship building;
Advocating on behalf of our partners with current supporters, new supporters and other agencies responsible for disbursing funds to overseas causes;
Providing an appropriate UK infrastructure to enable and maintain this activity in both directions; and
Ensuring that our UK operations are run efficiently and effectively and in accordance with all appropriate regulatory guidelines.
CRED Foundation’s core values:
The purpose and vision above are underpinned by the following core values:
The essential equality and dignity of all human beings: We believe that the response to poverty is an issue of justice, not just charity.
Commitment to the whole person: Care will be provided for abused, oppressed and impoverished people in the context of their family, community and environment, with a concern for their spiritual, physical, mental, social and emotional well-being.
Empowering people: We encourage others to make a meaningful response to the injustice of poverty.
Developing meaningful relationships: Our relationships with individuals, organisations and communities are focused on empowering the poor and caring for the environment.
Presenting a positive image of those we serve: We never emotionally manipulate or blackmail the public into giving money through presenting negative images of the global poor or those suffering under oppression.
Commitment to excellence: We strive to provide our partners, supporters and colleagues with an excellent quality of service, in a professional manner. We will pursue improvement in all that we do by encouraging creativity and innovation.
Honesty, trustworthiness and transparency: These three qualities are vital in all that we do. We are dedicated to making what we do consistent with what we say.
Participation for Transformation
Like all charities, we want to make a difference. It is our belief that by supporting our partners, we continue to make a significant difference to thousands of people around the world.
However, the way we look to make a difference is to get people involved. Whether young or old, we aim to get people involved in such a way that as they share their knowledge, skills, abilities and resources, they can make a lasting difference whilst also being impacted themselves.
Why are we doing this?
As our purpose statement above indicates, we believe in transformation. Firstly, we believe that transformation is necessary. The last year has demonstrated graphically that there is an overwhelming need for change across the globe. The levels of injustice worldwide have been writ large on the pages of the news media day in day out through the period.
Secondly, we believe that transformation is possible. The need for change, the sheer scale of the task facing us can seem daunting, even overwhelming, but we know, for the first-hand experience of our partners throughout this crisis that transformation is possible. Each of the partners we work with are directly involved in transforming individuals, communities and the environment for the better. We take huge pride in the working friendships we’ve developed with our partners and are tremendously proud of the projects that we support.
This whole process is not about providing ‘charitable handouts” from our plenty. Instead, our work is grounded in the Christian principle that no one should claim that what they have is their own but rather is something to be shared with those who have need. Through this we are working to address these needs in the communities we serve, looking to ensure dignity, equality, and the opportunity for them to stand on their own two feet.
We look to contribute to sustainable communities, supporting partners who provide grassroots opportunities for education, employment, environmental sustainability and community development. Along with supporting the most vulnerable, they also demonstrate that – with training, resources and opportunities – people from these communities are often the best solution to their own problems.
OUR PARTNERS
In the last financial year, we have continued to partner with 12 international organisations that are providing a direct and effective answer to human poverty, social injustice and environmental damage. CRED has no stake in the running of these organisations; they are all run by local people, and have been selected for support through trusted recommendation, via rigorous scrutiny and careful due diligence. Since we have meaningful, ongoing relationships with each of them we can guarantee that any donated funds will go directly to those for whom it is intended and to meet the needs identified.
Since each of our partners is involved in vast array of activities, CRED has decided to focus support for programmes building “sustainable communities” under the following categories:
Education
Employment
Community Development, and
Environmental sustainability
Their work is split across the following countries:
Ethiopia
Ellilta Women at Risk (Ellilta) – based in Addis Ababa, Ellilta continues to take a leadership role in pan-African networks, sharing knowledge and experience with other projects around the world in terms of how to engage with sex workers to see transformational change take place. They successfully export handmade jewellery and cotton scarves to the United States of America and are working towards a sustainable income base. CRED continues to channel UK funds to Ellilta and at their request build up a reserve of funds for them. CRED continue to work with the management team at Ellilta, including assistance with grant applications and the like.
CBISDO and AHISDO – also based in Addis Ababa, these two organisations continue to serve thousands of disadvantaged people in 2 different “kebeles” or districts, with a focus on delivery of services for children and young people, and the elderly. During the year we continued support for CBISDO’s education work and provided emergency funds to AHISDO to support feeding programmes. We also continued raising awareness of the work of both organisations to the CRED supporter base.
Berhan Lehetsanat – based in Addis Ababa but with a nation-wide reach, this partner, whose name means “Light for Children”, aims to see all children become empowered citizens. Its primary focus is enabling access to mainstream education and healthcare for children living with disabilities, or in challenging life circumstances, and for whom gaining this access is ordinarily very difficult. Their mission is therefore to work for the inclusion of all children, especially in terms of gaining access to education and healthcare for all.
India
Faith in Action Ministries (FIAM) – based in Nallajeerla, West Godavari, in Andhra Pradesh. Despite some huge ongoing challenges relating to the Indian Government and income from overseas, our interest in supporting St Joseph’s school and other projects under the FIAM umbrella continues. Historically, CRED sourced funding was invested not only in school infrastructure, but also in management capacity building and skills development. Funds continue to be channelled for use in all the FIAM programmes, including student support, care of elderly. orphans and those with leprosy. Financial support has also been given towards income generating activities, including the goat farm and small business start-ups.
Kenya
Spurgeons Childcare Kenya (formerly Spurgeons Academy) (SCCK) – based in the Kibera area of Nairobi, Spurgeons continues to be a beacon of hope in a very dark situation, providing quality, subsidised education and holistic support for orphans and other vulnerable children. During the reporting period, CRED’s focus for the future with SCCK continues to be funding for teacher top-up and for feeding programmes.
Malawi
Butterfly Space – based in Nkhata Bay on the shores of Lake Malawi, this is a non-profit community project serving the people in that location. Their primary school, which is now in its third year of full admissions, continues to provide high-quality education for children not otherwise able to access any provision. CRED continues to support this project through fund raising as the school develops and establishes itself as centre of excellence in the local area.
Nepal
Partnership for Sustainable Development (PSD) Nepal and Bhimsen School– is based in central Nepal, west of the capital Kathmandu. Bhimsen Secondary school is one of the PSD projects in Nepal which runs a range of programmes, including opportunities for international visitors through internships, volunteering and medical electives. It is also involved in a plastics project to clean up the Nepalese mountains and has channelled funds for plastic upcycling machines which are providing employment and income for local communities.
Rwanda
Good News of Peace and Development for Rwanda (GNPDR) –based in Kigali, GNPDR was originally founded to provide pastoral care in prisons and jails, extending to community reconciliation and forgiveness workshops in light of the experiences of victims and perpetrators of the Rwandan genocide in 1994. The remit was then extended to include interventions with street children, culminating in a “catch up” school that aimed to help street children get back into mainstream education. This provision has now transitioned into a mainstream school, the Comfort Primary School, attended by local children as well as those who still live on the street and those from marginalised groups.
The prison work now includes provision of educational support in the national juvenile prison. One of the programmes that GNPDR runs is “Mercy Mattresses”, which had been stopped at the begin of the pandemic, whereby unemployed adults, many of whom are still overcoming the residual traumas of the genocide, can earn an income making mattresses for inmates in the Rwandan prisons, many of whom were perpetrators in the genocide. Through this programme, there is opportunity for the genocide victims to gain some peace and reconciliation with the past, alongside positive employment and skills development for the future.CRED continues to work closely with GNPDR’s management providing support and exploring potential funding opportunities. Training has also been given to the teaching staff at the school, and to some prison chaplains.
Tanzania
The Voice School Trust (TVST) – based in the Arusha district of northern Tanzania, TVST provides inclusive secondary education at its school which is run on a 2:1 girl to boy ratio. This intentional bias is to redress the balance within the area, where boys have much better access to education than girls. Another marginalised group who benefits from TVST input are those living with albinism. TVST also runs a weekend community programme of arts, crafts, games and homework help for children from disadvantaged backgrounds. CRED supports this work through assisting with funding proposals and providing some strategic input and training for staff.
Uganda
Nkuru-Nziza Foundation (NNF) – based in Kampala, the breadth of their activities is remarkable for such a small initiative. Their primary focus at present is setting up a rurally based vocational training college and using a holistic, person-centred programme (360Life) as the basic ethos to their teaching and learning. CRED has been involved in training the staff and senior management in this, as well as advising regarding the setting up of the college generally. NNF also continue to take a very key role in encouraging and installing environmentally sustainable solutions such as biogas, rainwater harvesting and solar power that have direct benefits for people’s livelihoods, supporting schools and community education initiatives, and investing in community trading cooperatives. CRED is focused on supporting initiatives in the Acholi community on the outskirts of Kampala through a women’s cooperative. These initiatives include an educational day care facility for children unable to access formal education, adult literacy, and a savings programme. CRED also acts as a conduit for funds to support some children, identified by the local community, to attend mainstream school.
I Live Again, Uganda (ILA) – based in Gulu, in the north of the country, near the border with South Sudan, this is an indigenous organisation, serving the Acholi people in a post-war culture. Their focus is on trauma counselling, discipleship and resettlement. During this year CRED has provided training and staff development support, as well as raising awareness of their work to a wider, and professionally targeted audience, and seeking funding opportunities.
Zambia
Chisomo Street Kids Project – based in the Zambian capital Lusaka, this project provides prevention and intervention strategies for children and young people living on the street. Prevention work focuses on engaging mothers in targeted areas of the city, supporting and facilitating self-help groups who raise awareness of nutrition, health care and micro finance opportunities. Intervention work continues with outreach for children and young people living on the street, progressing to a drop-in centre, a residential centre (including education provision and sponsorship), and eventually family reintegration where possible. CRED provide support and encouragement to the staff. This support has been manifest during 2021/22 by one of the CRED trustees and his wife spending part of their year-long sabbatical supporting the work of Chisomo. This kind of practical, face to face support for the partners is something that the trustees are looking to extend over coming years.
Results for the year
Committed giving totalled £77,910 in restricted income which was a decrease of £32,878 in equivalent restricted giving compared to 2022. The decrease in this year on year relates mainly to the exceptional levels of income in the prior year relating to specific requests for support during the COVID pandemic when specific requests for donations were made. This translated into our income overall decreasing by £33,760 between 2022 and 2023.
Expenditure overall decreased by £18,919, between 2022 and 2023 with the majority of decrease shown in grant funding of £22,167 down on 2023. This decrease is the funds donated, then being passed onto the partners to meet the requirements they have outlined to us. Total grant funding in 2022 was £100,921. Other non-grant funding costs increased by £701.
The net movement in funds gave rise to a deficit of £6,856 for 2022, compared to surplus of£7,985 in 2022, demonstrating a £14,841 decrease in net surplus after funds transfers between unrestricted and restricted funds.
At the end of the year this saw unrestricted funds totalling £55,464, restricted funds totalling £50,954 and, therefore, this gave us total combined 2023 funds of £106,418. Of this sum £106,876 is cash held in the bank.
Reserves policy
The trustees recognise the value and importance of having reserves in the place and aims to have reserves to the equivalent of average of 6 months operating costs. Free reserves at 31st March 2022 amounted to £57,877, an increase of £8,354 on 2021.
Principal funding sources
The organisation has three principal funding sources:
A small amount of core funding that is provided by private donors.
Core funding is derived from a 10% management / administration fee on ring-fenced or project fundraising. This fee may be varied or waived at the Trustees’ discretion and on a case-by-case basis.
Core funding is derived from any and all Gift Aid claimed from HMRC on eligible income from donors.
All other funds passing through CRED’s books are attributable to the projects we support and are disbursed to them as and when required. Periodically, CRED also works with partners to raise funds from UK donor organisations, whether commercials, NGOs or overseas aid departments of national governments.
Major Risks
The Trustees have carried out an assessment of the major risks to which the charity is exposed and have put in place policies, procedures and systems to mitigate these risks, e.g. Financial Risk, Reputational Risk, and Data Protection Risk. It is the assessment of Trustees that currently all of these risks are being managed to an acceptable level of residual risk.
Effects of COVID-19 Pandemic
The impacts of the COVID-19 pandemic have continued to be felt across the nations served by the projects that CRED works with. As in many situations across the world it is those who are most vulnerable who feel the impact of such crises for the longest. Those with limited resources very often finding the road to recovery from such shocks the most difficult. It is the expectation of the Trustees that they will continue to fund activities across the projects that have their roots in the privation caused by the pandemic.
Environmental Policy
CRED joins with voices across the globe in calling for governments worldwide to strive for environmental sustainability. Whilst recognising the huge challenges that exist in implementing policies that will achieve the ends required, in particular to address the Climate Crisis, the Trustees endorses the need to take urgent practical steps to enable our planet to recover from the mess that mankind has put it in. CRED ensures that discussions about partner projects and our operating policies and procedures are always viewed through an environmentally sustainable lens.
CRED has been working with one of our partners, Partnership for Sustainable Development (PSD), in Nepal, to introduce a carbon offsetting to scheme. This enables travellers to make a positive impact from travelling by purchasing trees in a reforestation programme in the Langtang National Park which in turn is part of the global ‘One Trillion Trees‘ project. PSD also work with local schools to encourage tree-planting in their school compounds.
The CRED Foundation is a company limited by guarantee and is governed by its memorandum and articles of association dated 7th January 2015.
On 1st April 2015, all operation of the charity were transferred from the charitable trust “Christian Relief and Development Foundation” (Registered Charity number 1072426). The first directors of this charitable company were the existing trustees of what was historically known as “the CRED Foundation”, and the organisation has continued to be known as “the CRED Foundation”.
The Board of Trustees invite and appoint trustees and are responsible for all major decisions of CRED. New Trustees are inducted in the work of the organisation, through informal discussions, video-conferencing with partners and orientation, with a review of the relevant policies and procedures.
The directors/trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
The trustee report was approved by the Board of Directors/Trustees.
I report to the directors/trustees on my examination of the financial statements of CRED Foundation (the charity) for the year ended 31 March 2023.
As the directors/trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
CRED Foundation is a private public benefit company limited by guarantee incorporated in England and Wales. The registered office is Thornbury Baptist Church, Gillingstool, Thornbury, BS35 2EG.
The financial statements have been prepared in accordance with the CRED Foundation governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The CRED Foundation is a Public Benefit Entity as defined by FRS 102.
The CRED Foundation has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
At the time of approving the financial statements, the directors/trustees have a reasonable expectation that the CRED Foundation has adequate resources to continue in operational existence for the foreseeable future. Thus the directors/trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Donations and grants that provide core funding or are of a general nature are recognised where there is entitlement, certainty of receipt and the amount can be quantified with reasonable accuracy.
Where facilities are provided to the charity as a donation that would normally be an expense for the charity, this contribution in included in the financial statements at an estimate based on the value of the contribution to the charity where this can be quantified.
Income from tax reclaims are included in the statement of financial activities at the same time as the gift to which they relate.
Grant income providing funding to support programme activities is recorded where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of raising funds are the cost associated with attracting donations, grants and similar income.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Grants payable are payments made too third parties in the furtherance of the charitable objectives. Grants without performance conditions are only recognised in the accounts when a commitment has been made and the are no conditions to be met relating to the grant which remain in the control of the charity. Support costs have been allocated to activity cost categories on a basis consistent with the use of resources.
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Debtors
Debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid net of any discounts due.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of fund to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.
In the application of the charity’s accounting policies, the directors/trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Income recognition is considered with reference to the grant agreement or other supporting documentation, to ensure cut off is correctly stated at the point of entitlement.
The company holds between 10-15% of net funds back for charity use towards core funds.
There were no other key sources of estimation uncertainty or judgements.
Travel expenses
Insurance
Partner support costs
Printing, postage and stationery
Website costs
Sundry
None of the directors/trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
Restricted fund transfers
CRED Foundation's current practice is to take 10% of ring fenced project donations for management and administration costs.
The charity has also undertaken a review of funds and provided for historic misallocations and overspends via transfers between funds.
Restricted Funds explained
The Voice School Trust – based in Arusha in northern Tanzania, its focus is provision of high-quality education for all, including children who are living with albinism. Funds this year went to help complete the construction of a new dormitory for the girls.
Butterfly Space - a non-profit, volunteer community project serving the people of Nkhata Bay on the shores of Lake Malawi. This year we have provided funds to help bridge the gap in teacher salaries suffered as a result of lockdown and lost income from lack of school fees. Funds have also been raised to support a trainee midwife who is connected to Butterfly programmes and who otherwise would not be able to afford the university fees.
CBISDO – this independent NGO birthed out of IHA-UDP in Addis Ababa, Ethiopia. CRED channels funds to support their child education sponsorship scheme.
Dance Africa – this project has now closed, and no further monies will be disbursed.
FIAM – CRED channels funds for selected student support and building needs at St Joseph’s School, a subsidised English-medium establishment in Nallajeerla, in Andhra Pradesh, India, as well as FIAM’s work with orphans and those living with leprosy. Funds raised this year have been primarily to fund food parcels and medical fees during the Covid emergency. These food parcels have regularly reached over 1,700 families.
GNPDR – CRED has focused on supporting their Comfort Primary School, with fundraising contributing to ongoing support and development costs. As well as some one-off capital needs, ongoing funds are also provided to help offset the tuition fees of pupils living on the streets.
Spurgeons Childcare Kenya (SCCK) – fundraising continued to support their work in the slums of Kibera, Nairobi. During this reporting period, funds have helped to enable food parcels to be distributed to over 1,000 needy families, as well as the setting up of hygiene stations in and around the parts of Kibera served by SCCK, and where there are otherwise no hand-washing facilities.
Nkuru-Nziza Foundation – This is an informal settlement based in the suburbs of Kampala and CRED directs its support in this area through a community women’s cooperative. CRED has focused on supporting community-based initiatives, especially with regards to access to education for the children, and funding two key support workers of the cooperative who spend much time supporting various individuals and families in need. During this reporting period, funds have also enabled access to food for the co-operative families, when national lockdowns prevented any opportunities for earning money through informal and casual labour.
I Live Again, Uganda (ILA) – CRED has supported professional input into this organisation that providers trauma counselling for victims of war and refugees. Recent training delivered by CRED team members was supported by funds to offset the programme delivery costs incurred by ILA. Funds were also used to enable ILA to carry out a ‘soap, sanitation and sensitisation’ programme amongst those most at risk within the South Sudanese refugee camps and communities in northern Uganda.
Ellilta Women at Risk/(eWAR) – CRED channels UK fundraising donations for Ellilta and holds a reserve fund for their use as needs arise.
Chisomo Street Kids Project - This support has been manifest during 2021/22 by one of the CRED trustees and his spending part of their year-long sabbatical supporting the work of Chisomo.
Malawi - see Butterfly Space above.
Partnership for Sustainable Development (PSD) Nepal – CRED continues to collect financial donations for the project for their use as needs arise.
360 Life - see Nkuru-Nziza Foundation (NNF) above.
Unrestricted Fund
Restricted Funds
Unrestricted Fund
Restricted Funds
During the year the charity received donations totalling £5,470 from the trustees.