CCEW Charity Commission profile

INNOVATE TRUST LTD

Registered charity 1010541 · organisation 1010541

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Charitable company
Registered
14 April 1992
Removed
Not supplied
Company number supplied
02493904
Financial period
1 April 2024 – 31 March 2025
Latest income
£33,256,450
Latest expenditure
£33,119,007
Gift Aid
Yes
Owns or uses land
Yes
In administration
No
Insolvent
No
CIO
No

Public contact address: INNOVATE TRUST, 433 COWBRIDGE ROAD EAST, CARDIFF, CF5 1JH

Website recorded by the regulator: www.innovate-trust.org.uk (displayed as text)

02 Activities

What the charity does

Providing support to disabled and disadvantaged individuals

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Cycle Reference
AR25
Reporting Due Date
31 January 2026
Date Annual Return Received
19 January 2026
Date Accounts Received
19 January 2026
Total Gross Income
£33,256,450
Total Gross Expenditure
£33,119,007
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 January 2025
Date Annual Return Received
22 January 2025
Date Accounts Received
22 January 2025
Total Gross Income
£30,421,759
Total Gross Expenditure
£30,980,668
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 January 2024
Date Annual Return Received
24 January 2024
Date Accounts Received
24 January 2024
Total Gross Income
£28,114,329
Total Gross Expenditure
£28,155,104
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 January 2023
Date Annual Return Received
26 January 2023
Date Accounts Received
26 January 2023
Total Gross Income
£24,942,313
Total Gross Expenditure
£24,407,272
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Cycle Reference
AR21
Reporting Due Date
31 January 2022
Date Annual Return Received
26 January 2022
Date Accounts Received
26 January 2022
Total Gross Income
£23,669,411
Total Gross Expenditure
£23,562,047

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
19 January 2026
Total Gross Income
£33,256,450
Total Gross Expenditure
£33,119,007
Grant Making Is Main Activity
No
Count Govt Contracts
3
Count Govt Grants
£8
Income From Government Contracts
27935113
Income From Government Grants
£1,371,602
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 80001 90000
2
Count Salary Band 110001 120000
1
Count Volunteers
250
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
22 January 2025
Total Gross Income
£30,421,759
Total Gross Expenditure
£30,980,668
Grant Making Is Main Activity
No
Count Govt Contracts
3
Count Govt Grants
£8
Income From Government Contracts
25627697
Income From Government Grants
£1,277,822
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 80001 90000
2
Count Salary Band 120001 130000
1
Count Volunteers
250
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
24 January 2024
Total Gross Income
£28,114,329
Total Gross Expenditure
£28,155,104
Grant Making Is Main Activity
No
Count Govt Contracts
3
Count Govt Grants
£7
Income From Government Contracts
22412717
Income From Government Grants
£1,248,059
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 80001 90000
2
Count Salary Band 120001 130000
1
Count Volunteers
250
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
26 January 2023
Total Gross Income
£24,942,313
Total Gross Expenditure
£24,407,272
Charity Raises Funds From Public
No
Charity Receives Govt Funding Contracts
Yes
Count Govt Contracts
4
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£8
Income From Government Contracts
20013174
Income From Government Grants
£1,243,386
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 70001 80000
1
Count Salary Band 80001 90000
1
Count Salary Band 120001 130000
1
Count Volunteers
250
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
26 January 2022
Total Gross Income
£23,669,411
Total Gross Expenditure
£23,562,047
Charity Raises Funds From Public
No
Charity Receives Govt Funding Contracts
Yes
Count Govt Contracts
4
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£9
Income From Government Contracts
18284659
Income From Government Grants
£1,270,469
Charity Has Trading Subsidiary
No
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 70001 80000
2
Count Salary Band 110001 120000
1
Count Volunteers
250

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
19 January 2026
Income Donations And Legacies
3688
Income Other Trading Activities
0
Income Charitable Activities
33150952
Income Investments
101810
Income Other
0
Income Total Income And Endowments
33256450
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£33,119,007
Expenditure Other
0
Expenditure Total
33119007
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
17447
Expenditure Support Costs
2783765
Expenditure Depreciation
25354
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£1,164,055
Assets Total Fixed
273656
Assets Own Use
273656
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£5,969,318
Assets Total Liabilities
£2,962,522
Assets Current Investment
0
Assets Total Assets And Liabilities
£3,280,452
Creditors One Year Total Current
2478398
Creditors Falling Due After One Year
484124
Assets Cash
£3,973,283
Funds Endowment
0
Funds Unrestricted
1202454
Funds Restricted
2077998
Funds Total
3280452
Count Employees
967
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
22 January 2025
Income Donations And Legacies
4017
Income Other Trading Activities
0
Income Charitable Activities
30301428
Income Investments
116314
Income Other
0
Income Total Income And Endowments
30421759
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£30,980,668
Expenditure Other
0
Expenditure Total
30980668
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
15411
Expenditure Support Costs
3144457
Expenditure Depreciation
35268
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£1,493,744
Assets Total Fixed
290769
Assets Own Use
290769
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£6,096,129
Assets Total Liabilities
£3,243,889
Assets Current Investment
0
Assets Total Assets And Liabilities
£3,143,009
Creditors One Year Total Current
2793889
Creditors Falling Due After One Year
450000
Assets Cash
£3,745,961
Funds Endowment
0
Funds Unrestricted
1536432
Funds Restricted
1606577
Funds Total
3143009
Count Employees
970
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
24 January 2024
Income Donations And Legacies
2650
Income Other Trading Activities
0
Income Charitable Activities
28064307
Income Investments
46467
Income Other
905
Income Total Income And Endowments
28114329
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£28,155,104
Expenditure Other
0
Expenditure Total
28155104
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
15000
Expenditure Support Costs
2541205
Expenditure Depreciation
35553
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£1,666,814
Assets Total Fixed
312226
Assets Own Use
312226
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£6,803,211
Assets Total Liabilities
£3,413,519
Assets Current Investment
0
Assets Total Assets And Liabilities
£3,701,918
Creditors One Year Total Current
3093519
Creditors Falling Due After One Year
320000
Assets Cash
£4,827,134
Funds Endowment
0
Funds Unrestricted
1721660
Funds Restricted
1980258
Funds Total
3701918
Count Employees
840
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
26 January 2023
Income Donations And Legacies
1250
Income Other Trading Activities
0
Income Charitable Activities
24935267
Income Investments
472
Income Other
5324
Income Total Income And Endowments
24942313
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£24,407,272
Expenditure Other
0
Expenditure Total
24407272
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
14600
Expenditure Support Costs
2675594
Expenditure Depreciation
48458
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£1,686,747
Assets Total Fixed
298568
Assets Own Use
298568
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£7,158,903
Assets Total Liabilities
£3,714,778
Assets Current Investment
0
Assets Total Assets And Liabilities
£3,742,693
Creditors One Year Total Current
3524778
Creditors Falling Due After One Year
190000
Assets Cash
£5,267,510
Funds Endowment
0
Funds Unrestricted
1721797
Funds Restricted
2020896
Funds Total
3742693
Count Employees
836
Charity Only Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
26 January 2022
Income Donations And Legacies
1297
Income Other Trading Activities
0
Income Charitable Activities
23664729
Income Investments
2385
Income Other
1000
Income Total Income And Endowments
23669411
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£0
Expenditure Charitable Expenditure
£23,562,047
Expenditure Other
0
Expenditure Total
23562047
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
15000
Expenditure Support Costs
3163650
Expenditure Depreciation
53926
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
0
Reserves
£1,536,614
Assets Total Fixed
343621
Assets Own Use
343621
Assets Long Term Investment
0
Defined Benefit Pension Scheme
0
Assets Other Assets
£6,845,147
Assets Total Liabilities
£3,981,116
Assets Current Investment
0
Assets Total Assets And Liabilities
£3,207,652
Creditors One Year Total Current
3756116
Creditors Falling Due After One Year
225000
Assets Cash
£5,028,687
Funds Endowment
0
Funds Unrestricted
1607781
Funds Restricted
1599871
Funds Total
3207652
Count Employees
828
Charity Only Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Local Authority
Geographic Area Description
Cardiff
Welsh Ind
Yes
Geographic Area Type
Local Authority
Geographic Area Description
Vale Of Glamorgan
Welsh Ind
Yes
Geographic Area Type
Local Authority
Geographic Area Description
Rhondda Cynon Taff
Welsh Ind
Yes

07 Official extract

Charity Classification

Classification Code
102
Classification Type
What
Classification Description
Education/training
Classification Code
107
Classification Type
What
Classification Description
Accommodation/housing
Classification Code
304
Classification Type
How
Classification Description
Provides Human Resources
Classification Code
112
Classification Type
What
Classification Description
Environment/conservation/heritage
Classification Code
110
Classification Type
What
Classification Description
Amateur Sport
Classification Code
305
Classification Type
How
Classification Description
Provides Buildings/facilities/open Space
Classification Code
202
Classification Type
Who
Classification Description
Elderly/old People
Classification Code
103
Classification Type
What
Classification Description
The Advancement Of Health Or Saving Of Lives
Classification Code
306
Classification Type
How
Classification Description
Provides Services
Classification Code
201
Classification Type
Who
Classification Description
Children/young People
Classification Code
203
Classification Type
Who
Classification Description
People With Disabilities
Classification Code
113
Classification Type
What
Classification Description
Economic/community Development/employment
Classification Code
104
Classification Type
What
Classification Description
Disability

08 Official extract

Charity Event History

Charity Name
INNOVATE TRUST LTD
Charity Event Order
1
Event Type
Standard registration
Date Of Event
1992-04-14T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
MEMORANDUM AND ARTICLES ASSOCIATION INCORPORATED 19 APRIL 1990 AND AMENDED BY SPECIAL RESOLUTION DATED 16 NOVEMBER 1994
Charitable Objects
A) THE RELIEF OF POVERTY AND DISTRESS AMONGST PERSONS SUFFERING FROM DISABILITY OR SICKNESS PARTICULARLY LEARNING DISABILITY PHYSICAL DISABILITY AND MENTAL ILLNESS BY 1. PROVIDING FOR OR ASSISTING WITH THE CARE ACCOMMODATION TRAINING EDUCATION EMPLOYMENT AND OCCUPATION OF SUCH PERSONS AND 2. BY PROMOTING THE DEVELOPMENT OF FACILITIES FOR INDEPENDENT LIVING BY SUCH PERSONS TO ENCOURAGE THEIR GREATER INCLUSION WITHIN THEIR COMMUNITIES.B) THE RELIEF OF POVERTY AND DISTRESS AMONGST THOSE WHO CARE FOR SUCH PERSONS. C) THE EDUCATION OF THE PUBLIC IN THE NEEDS OF SUCH PERSONS.
Area Of Benefit
NOT DEFINED

10 Official extract

Charity Other Names

Charity Name Id
35609
Charity Name Type
Working name
Charity Name
INNOVATE TRAINING FIELD DAYS
Charity Name Id
35611
Charity Name Type
Working name
Charity Name
QUEST
Charity Name Id
35607
Charity Name Type
Working name
Charity Name
FIELD DAYS
Charity Name Id
35608
Charity Name Type
Working name
Charity Name
INNOVATE TRAINING
Charity Name Id
35606
Charity Name Type
Previous name
Charity Name
CARDIFF UNIVERSITIES SOCIAL SERVICES

11 Official extract

Charity Other Regulators

Regulator Order
1
Regulator Name
Care Inspectorate Wales (CIW)

12 Official extract

Charity Policy

Policy Name
Paying staff
Policy Name
Trustee expenses policy and procedures
Policy Name
Complaints policy and procedures
Policy Name
Safeguarding vulnerable beneficiaries
Policy Name
Investing charity funds policy and procedures
Policy Name
Bullying and harassment policy and procedures
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Safeguarding policy and procedures
Policy Name
Investment
Policy Name
Serious incident reporting policy and procedures
Policy Name
Conflicting interests
Policy Name
Social media policy and procedures
Policy Name
Complaints handling
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Risk management
Policy Name
Volunteer management
Policy Name
Financial reserves policy and procedures
Policy Name
Internal risk management policy and procedures