Charity Compaid Closes in Kent Amid Financial Pressure
1 report, 1 independent
Updated Oct 12
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What happened
Compaid, a charity that supports disabled, older, and vulnerable people in Kent, announced it will cease services by December 17. The closure follows a period of significant financial pressure on the organization.
From civilsociety.co.uk
Why it matters
The charity recorded a net deficit of £98,184 for the year ending March 31, 2025. This financial strain was attributed to rising national insurance costs, inflation in utilities and vehicle maintenance, and competition for voluntary funding.
From civilsociety.co.uk
Who's involved
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The entities involved
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Kent
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