Viridor Credits
VIRIDOR CREDITS - CARADON
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Viridor Credits-Caradon Limited
is an independent company, limited by guarantee, which started in 2001 as the Roseland Environmental Trust Limited. The change of name came when Pennon Group subsidiary Viridor purchased the business in July 2002. It joined a national network of charitable companies working with Viridor under the Viridor Credits banner, and will continue to support community and environmental projects within the local community using monies donated to it under the Government's Landfill Tax Credit Scheme.

The Landfill Tax Regulations were revised from April 2003 and the amount of "landfill tax credits" available under the scheme was reduced but 2006 has seen both an increase in tax rates and after ten years a new name – ‘The Landfill Communities Fund’ (LCF). Government has also included a challenge with the additional funding to create new youth volunteering opportunities within the LCF.

Landfill operators can claim a credit of 90% of the donation, the remaining 10% being funded by private sector donations and having a local body ensures that donations are retained for the benefit of local residents and their environment, with the added advantage of support from the national Viridor group. Viridor opened its new Lean Quarry landfill site in 2005 and the extra volumes processed meant more funds becoming available, offering exciting possibilities for the future with the opportunity to take on more ambitious projects. Primarily targeted to community amenities and buildings of religious and historical importance, Viridor Credits-Caradon is now the most significant locally based funding body within Caradon and has recently withdrawn its previous ceiling of £10,000 and on a community value basis will now consider more ambitious projects.

The company operates throughout the Caradon District Council area and includes all the main Caradon towns. The Board, which is comprised of community and local government representatives, meets four times a year and invites local communities and organisations to apply for grants towards projects that they may be considering. The level of grants available will bring significant benefits to the local community and enable local organisations to obtain matching funding from Europe, the National Lottery and other bodies.

In addition to reading the APPLICATION NOTES in our GRANT APPLICATIONS section you are encouraged to visit the ENTRUST web site to see the full scheme regulations and a link for this is available in USEFUL LINKS

Viridor Credits-Caradon Limited is a Private Charitable Company Limited by Guarantee registered in England and Wales with registered number 4076250. Registered Office: 10 Pengover Heights Liskeard PL14 3UA. Enrolled environmental body under the Landfill Tax Regulations 1996 (enrolment number 864157)

Updated July 2007
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