Registered charity 1176908

Credu Charity Ltd

The latest figures on the register are for the year ending 31 July 2019, 87 months ago. Charities must report within 10 months of their year end, so its report for the following year looks overdue.

What it does

Credu is committed to providing learning, educational and employment opportunities for the whole of the community, while preserving and developing recreational spaces for future generations. Through the advancement of education, conservation, improvement and enjoyment of the South Wales coast, Credu will promote the provision of such facilities for the benefit of all.

In the charity's own words, from the register.

Its charitable purposes

OBJECTS5. THE OBJECTS OF THE CHARITY ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING: 1.TO PROMOTE FOR THE PUBLIC BENEFIT OF URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION (AND IN PARTICULAR PORTHCAWL, BRIDGEND AND THE BRIDGEND VALLEYS AREA) BY ALL OR ANY OF THE FOLLOWING MEANS: (A) THE RELIEF OF POVERTY IN SUCH WAYS AS MAY BE THOUGHT FIT; (B) THE RELIEF OF UNEMPLOYMENT IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT; (C) THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE, AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE; (D) THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDINGS AND/OR LAND FOR USE ON FAVOURABLE TERMS; (E) THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES; (F) THE PROVISION OR ASSISTANCE IN THE PROVISION OF RECREATIONAL FACILITIES FOR THE PUBLIC AT LARGE; (G) THE PRESERVATION OF BUILDINGS OR SITES OF HISTORIC OR ARCHITECTURAL IMPORTANCE; (H) THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT;(I) THE PROVISION OF PUBLIC HEALTH FACILITIES AND CHILDCARE. 2. TO PROMOTE FOR THE BENEFIT OF THE INHABITANTS OF PORTHCAWL, BRIDGEND AND THE BRIDGEND VALLEYS AREA THE PROVISION OF FACILITIES FOR RECREATION FOR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITION OF LIFE OF THE SAID INHABITANTS. (I) THE PROVISION OF FACILITIES FOR RECREATION AND OTHER LEISURE-TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE PERSONS FOR WHOM THEY ARE INTENDED. 3. TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT OF THE SOUTH WALES COAST. 4. TO ADVANCE HEALTH AND THE SAVING OF LIVES FOR THE PUBLIC BENEFIT BY THE MAINTENANCE AND OPERATION OF FACILITIES FOR THE TRAINING OF LIFE SAVING. 5. TO PROMOTE THE CONSERVATION PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT OF THE PORTHCAWL HARBOURSIDE AREA. (I) THE PRESERVATION OF BUILDINGS OR SITES OF HISTORIC OR ARCHITECTURAL IMPORTANCE.

From its governing document, as recorded on the register.

Causes

What it works on: Education and training
Health and saving lives
Disability
Preventing or relieving poverty
Environment, conservation and heritage
Economic and community development, and employment
Recreation
Who it helps: Children and young people
Older people
Disabled people
Other charities and voluntary bodies
The general public
How it works: Provides buildings, facilities or open space
Provides services
Provides advocacy, advice or information

The charity chose these from the Charity Commission's list.

Where it works

In Wales

Throughout Wales

The places the charity told the Commission it works in.

Income and spending

The register has no income or spending figures for this charity.

Income, spending, staff and volunteers by financial year
Year ending	Income	Spending	Paid staff	Volunteers
31 July 2025	Not reported	Not reported	Not reported	Not reported
31 July 2024	Not reported	Not reported	Not reported	Not reported
31 July 2023	Not reported	Not reported	Not reported	Not reported
31 July 2022	Not reported	Not reported	Not reported	Not reported
31 July 2021	Not reported	Not reported	Not reported	Not reported

Government funding, as the charity reported it

Government grants in the year ending 31 July 2019: £449,199 from 1 grant. Government contracts: Not reported.

Income from government grants and contracts by financial year
Year ending	Government grants	Government contracts
31 July 2019	£449,199 from 1 grant	Not reported
31 July 2018	£561,451 from 3 grants	Not reported

From the charity's annual return to the Charity Commission, which asks every charity with income over £10,000 how much came from government grants and contracts. It does not say which part of government. These totals are separate from the named funders read from its accounts and the grants published on 360Giving, and are not added to them.

Where its income came from in the year ending 31 July 2019

Donations and legacies£2,931
Charitable activities, including grants and contracts for its work£449,199
Trading and fundraising£48,084
Other£7,842

From the charity's annual return. Only charities with income over £500,000 give this breakdown.

Who funds it, according to its accounts

These figures were read from the accounts the charity filed with the Charity Commission by Claude, an AI model, in OpenEconomy's accounts reader. AI can misread a table, so check the accounts on the register before relying on a figure.

Only funding the accounts name with an amount is included. Most charities also have income from donations, fees and trading that is not listed by funder, so this is part of its income.

Charities whose accounts say they funded it

Funder	Year ending	Amount
Women in Wales	30 June 2025	£5,000

Grants paid to this charity, as other charities' accounts record them. Read by the same AI accounts reader.

Grants awarded to it, published on 360Giving

Funders that publish to 360Giving list 4 grants to this charity since 2013, worth at least £1,214,974.

Only funders that publish their grants to 360Giving are included, and many do not. These are amounts funders awarded, which can differ from what the charity received in a given year, so they are shown apart from the accounts figures above.

By funder

The National Lottery Community Fund£1,154,974, 3 grants
Paul Hamlyn Foundation£60,000, 1 grant

Grants awarded, newest first
Awarded	Grant	Amount
25 May 2018	Paul Hamlyn FoundationSeaQuest Coastal Science, Discovery and Imagination	£60,000
5 Oct 2016	The National Lottery Community FundA Maritime Centre called 'Harbourside'	£1,100,000
20 Oct 2015	The National Lottery Community FundA Maritime Centre called 'Harbourside'	£49,974
18 Dec 2013	The National Lottery Community FundPorthcawl Maritime Centre	£5,000

Trustees

4 trustees run the charity.

Michael ClarkeChairAppointed 1 June 2013
Kim Dare-edwardsAppointed 7 November 2013
Mark PearsallAppointed 7 November 2013
Rhydian ParryAppointed 7 November 2013

Trustees are responsible in law for the charity. Names are as they appear on the public register.

Filing record

Of the last 5 annual returns that were due, 0 arrived by the deadline.

When each year's annual return and accounts were due and received
Year ending	Due	Annual return	Accounts
31 July 2025	31 May 2026	Not received	No record
31 July 2024	31 May 2025	Not received	No record
31 July 2023	31 May 2024	Not received	No record
31 July 2022	31 May 2023	Not received	No record
31 July 2021	31 May 2022	Not received	No record

Charities with income over £10,000 send an annual return within 10 months of their year end, and those over £25,000 also send their accounts. Smaller charities only update their income and spending on the register. The dates are when the Commission received each document.

About this charity

Charity number: 1176908
Status: Registered
Registered with the Commission: 30 January 2018
Governing document: MEMORANDUM AND ARTICLES INCORPORATED 30 DEC 1899AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 16 JAN 2018AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 29 JAN 2018
Company number: 08612175This company on OpenEconomyThis company on Companies House
Council area of its contact address: Cardiff

Sources

Register details, income, spending, trustees and filing dates: Charity Commission for England and Wales, register of charities. Loaded by OpenEconomy on 2 November 2026.
Funding from accounts: the charity's filed accounts, read by OpenEconomy's AI accounts reader.
Grants awarded: 360Giving open grants data, from funders that publish there. Loaded by OpenEconomy on 2 November 2026.

Elsewhere in the Edau family

Year ending

Income

Spending

Paid staff

Volunteers

31 July 2025

Not reported

31 July 2024

Not reported

31 July 2023

Not reported

31 July 2022

Not reported

31 July 2021

Not reported

Year ending

Government grants

Government contracts

31 July 2019

£449,199 from 1 grant

Not reported

31 July 2018

£561,451 from 3 grants

Not reported

Funder

Year ending

Amount

Women in Wales

30 June 2025

£5,000

Awarded

Grant

Amount

25 May 2018

Paul Hamlyn FoundationSeaQuest Coastal Science, Discovery and Imagination

£60,000

5 Oct 2016

The National Lottery Community FundA Maritime Centre called 'Harbourside'

£1,100,000

20 Oct 2015

The National Lottery Community FundA Maritime Centre called 'Harbourside'

£49,974

18 Dec 2013

The National Lottery Community FundPorthcawl Maritime Centre

£5,000

Year ending

Due

Annual return

Accounts

31 July 2025

31 May 2026

Not received

No record

31 July 2024

31 May 2025

Not received

No record

31 July 2023

31 May 2024

Not received

No record

31 July 2022

31 May 2023

Not received

No record

31 July 2021

31 May 2022

Not received

No record