HELP THE AGED

Charity Number: 272786
Removed charity

Charity overview

Activities - how the charity spends its money

Help the Aged, an international charity, aims to create a world where older people can live their lives free from poverty, isolation and neglect. It raises awareness of issues affecting older people in the UK and overseas, researches and campaigns for changes in policy and practice, and offers practical support to disadvantaged older people. It is funded by individuals, companies and trusts.

Income and expenditure

Data for financial year ending 31 March 2009

Total income:
£74,329,000

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Donations and legacies £34.81m
Charitable activities £3.72m
Other trading activities £32.91m
Investments £923.00k
Other £1.97m

Total expenditure:
£76,031,000

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Raising funds £0
Charitable activities £34.33m
Other £2.11m

-£3,680,000 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £41.70m
Charitable expenditure £34.33m

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Accommodation/housing
  • Economic/community Development/employment
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 08 January 2003: Standard registration
  • 17 November 2010: Removed
  • 17 November 2010: Funds transferred to
Organisation type:
Charitable company
Other names:

No other names

Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 30/04/2005 30/04/2006 30/04/2007 30/04/2008 31/03/2009
Total gross income £67.26m £66.91m £79.59m £71.91m £74.33m
Total expenditure £63.33m £65.10m £76.49m £81.42m £76.03m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A N/A £36.62m £31.88m £34.81m
Income - Other trading activities N/A N/A £34.76m £34.71m £32.91m
Income - Charitable activities N/A N/A £4.39m £3.62m £3.72m
Income - Endowments N/A N/A £0 £0 £1.31m
Income - Investment N/A N/A £1.18m £1.31m £923.00k
Income - Other N/A N/A £2.64m £390.00k £1.97m
Income - Legacies N/A N/A £17.04m £12.54m £17.21m
Expenditure - Charitable activities N/A N/A £35.56m £37.32m £34.33m
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance N/A N/A £258.00k £329.00k £223.00k
Expenditure - Grants institution N/A N/A £12.98m £14.02m £11.71m
Expenditure - Investment management N/A N/A £96.00k £113.00k £70.00k
Expenditure - Other N/A N/A £0 £0 £2.11m

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 30/04/2005 30/04/2006 30/04/2007 30/04/2008 31/03/2009
Own use assets N/A N/A £9.77m £9.17m £8.45m
Long-term investments N/A N/A £29.52m £23.78m £14.97m
Other assets N/A N/A £16.51m £11.98m £17.82m
Defined benefit pension scheme asset or liability N/A N/A -£9.76m -£5.98m -£9.94m
Total liabilities N/A N/A £24.40m £23.34m £25.72m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2010 Not submitted
Accounts and TAR 31 March 2010 Not submitted
Annual return 31 March 2009 29 January 2010 On Time
Accounts and TAR 31 March 2009 16 December 2009 On Time
Annual return 30 April 2008 07 January 2009 On Time
Accounts and TAR 30 April 2008 09 October 2008 On Time
Annual return 30 April 2007 27 December 2007 On Time
Accounts and TAR 30 April 2007 27 December 2007 On Time
Annual return 30 April 2006 06 February 2007 On Time
Accounts and TAR 30 April 2006 26 September 2006 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 16 JUNE 1976 AS AMENDED 26 NOVEMBER 1976, 12 JANUARY 1977, 27 NOVEMBER 2001, 4 APRIL 2002, 21 SEPTEMBER 2004, 19 SEPTEMBER 2006 AND 18 SEPTEMBER 2007

Charitable objects

TO PROMOTE THE WELFARE OF THE AGED IN ANY MANNER WHICH NOW OR HEREAFTER MAY BE DEEMED TO BE CHARITABLE BY LAW IN ANY PART OF THE WORLD AND FOR SUCH OTHER ANCILLARY CHARITABLE PURPOSES AS THE TRUSTEES MAY DETERMINE AND IN RELATION TO ANY OF SUCH OBJECTS TO FOLLOW THE CHRISTIAN INJUNCTIONS

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Linked charities

Linked charities
Linked charity 272786-3 GILLINGHAM ENDOWMENT FUND
Governing document
CHARITY COMMISSIONERS SCHEME SEALED 19 NOVEMBER 2002.
Charitable objects
THE OBJECT OF THE CHARITY IS TO FURTHER THE OBJECTS OF HELP THE AGED (272786)
Area of benefit
NATIONAL AND OVERSEAS
Registration history
  • 08 January 2003 : Standard registration
  • 17 November 2010 : Removed
  • 17 November 2010 : Asset transfer out