Caba celebrates 140th anniversary

Occupational charity caba is marking 140 years of supporting the accountancy profession while highlighting growing pressures and burnout currently facing many industry workers.

Founded in 1886 by ICAEW council members to assist a terminally ill colleague, the organisation has provided more than £37m in support over the last 20 years.

Recent research from the charity found 67% of accountants have suffered from stress during their career, while 41% believe burnout has become a normalised issue.

The milestone arrives as the profession enters the financial year end, which the charity identifies as one of the most demanding periods for its members.

Historical records show the organisation, formerly the Chartered Accountants’ Benevolent Association, has handled 40,000 enquiries and provided direct financial assistance to nearly 10,000 people.

Early supporters of the charity included William Welch Deloitte, who served as president until 1898 and helped shape the organisation’s mission to support the community.

Chief executive Cristian Holmes said: “For 140 years, caba has been here for every member of the ICAEW community when they need support most. While the profession and its landscape has evolved significantly over that time, the pressures people face – whether they are financial, personal or professional – remain.

“Caba exists to make sure no one has to shoulder these burdens alone. At a time when the profession is navigating some of its biggest changes and challenges, we’re proud to continue providing practical, confidential support to those who need it.”

Deloitte partner and ICAEW council member Shauna Robinson added: “Deloitte has a long history of being connected to caba’s story. Our own founder, William Welch Deloitte, played a key role in the charity’s earliest days and served as caba’s president until just before his death in 1898, reflecting the profession’s long tradition of supporting its community. As the charity marks 140 years of service, we continue to recognise the importance of providing wellbeing and practical support for ICAEW members and their families.”

Patron of Caba and president of the ICAEW Derek Blair said: “I am proud to be associated with a charity that recognises the realities faced by the accountancy profession and responds with care, respect and practical help. caba’s focus on hardship and poor health reflects the importance of offering meaningful support when it matters the most. Too often, caba has been described as a ‘best kept secret’. It should not be. Ensuring that people know help is available and feel able to access it without stigma or shame, is essential if caba is to fulfil its purpose.”