Charity overview

Activities - how the charity spends its money

Helping people in Essex to meet the challenges of later life.

Income and expenditure

Data for financial year ending 31 March 2022

Total income:
£1,340,544

	Donations and legacies	£32.19k
	Charitable activities	£786.19k
	Other trading activities	£6.17k
	Investments	£775
	Other	£515.21k

Total expenditure:
£1,058,687

	Raising funds	£988
	Charitable activities	£1.06m
	Other	£0

£0 investments gains (losses)

Total income includes £157,963 from 2 government contract(s) and £42,000 from 2 government grant(s)

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.

	Raising funds and other expenditure	£988
	Charitable expenditure	£1.06m
	Retained for future use	£281.86k

Fundraising

This charity raises funds from the public but does not work with professional fundraisers or commercial participators.

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:

General Charitable Purposes
The Advancement Of Health Or Saving Of Lives
Disability
The Prevention Or Relief Of Poverty

Who the charity helps:

Elderly/old People

How the charity helps:

Provides Services
Provides Advocacy/advice/information
Acts As An Umbrella Or Resource Body

Where the charity operates:

Essex
Southend-on-sea
Thurrock

Governance

Registration history:

12 March 2002: Standard registration
17 March 2017: Funds received from 1090959 COMMUNITY ACTION PROJECT FOR THE ELDERLY
17 December 2018: Funds received from 284001 AGE CONCERN BUCKHURST HILL
09 November 2021: Funds received from 1038802 JUBILEE CLUB
20 January 2022: Funds received from 283293 CLAVERING AND DISTRICT OVER 60'S CLUB
18 December 2023: Funds transferred to 213702 AGE CONCERN CHELMSFORD
18 December 2023: Funds transferred to 264451 AGE CONCERN HARLOW
18 December 2023: Funds transferred to 226964 RAYLEIGH AGE CONCERN
18 December 2023: Funds transferred to 1160916 AGE CONCERN SOUTHEND-ON-SEA CIO
18 December 2023: Funds transferred to 1112483 CHELMSFORD COUNCIL FOR VOLUNTARY SERVICE
18 December 2023: Funds transferred to 1163163 DEMENTIA ADVENTURE TRUST
18 December 2023: Funds transferred to 1129038 ESSEX DEMENTIA CARE
18 December 2023: Funds transferred to 1082006 THE DENGIE PROJECT TRUST
18 December 2023: Funds transferred to 1086460 MALDON AND DISTRICT COMMUNITY VOLUNTARY SERVICE
18 December 2023: Removed (Does not operate)

Organisation type:

Charitable company

Other names:

AGE UK ESSEX (Working name)
AGE CONCERN ESSEX (Previous name)
AGE UK ESSEX (Previous name)

Gift aid:

Recognised by HMRC for gift aid

Other regulators:

No information available

Policies:

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Land and property:

This charity owns and/or leases land or property

Financial history

Financial period end date

Income / Expenditure	31/03/2018	31/03/2019	31/03/2020	31/03/2021	31/03/2022
Total gross income	£3.79m	£3.55m	£3.45m	£1.62m	£1.34m
Total expenditure	£3.92m	£3.57m	£3.71m	£2.22m	£1.06m
Income from government contracts	£0	N/A	£117.96k	£115.00k	£157.96k
Income from government grants	£355.78k	£266.29k	£56.78k	£48.46k	£42.00k
Income - Donations and legacies	£65.94k	£42.00k	£32.47k	£180.76k	£32.19k
Income - Other trading activities	£261.77k	£213.03k	£111.42k	£33.83k	£6.17k
Income - Charitable activities	£3.37m	£3.24m	£3.23m	£1.33m	£786.19k
Income - Endowments	£0	£0	£0	£0	£0
Income - Investment	£8.83k	£6.67k	£10.29k	£2.66k	£775
Income - Other	£81.54k	£50.25k	£62.10k	£73.59k	£515.21k
Income - Legacies	£19.26k	£17.05k	£80	£61.28k	£157
Expenditure - Charitable activities	£3.78m	£3.44m	£3.71m	£2.21m	£1.06m
Expenditure - Raising funds	£134.13k	£7.04k	£3.44k	£13.40k	£988
Expenditure - Governance	£43.58k	£59.01k	£71.75k	£93.95k	£69.45k
Expenditure - Grants institution	£0	£0	£0	£0	£0
Expenditure - Investment management	£0	£0	£0	£0	£0
Expenditure - Other	£0	£120.09k	£0	£0	£0

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.

Asset / Liability	31/03/2018	31/03/2019	31/03/2020	31/03/2021	31/03/2022
Own use assets	£102.16k	£94.26k	£89.49k	£86.32k	£0
Long-term investments	£0	£0	£0	£0	£0
Other assets	£1.98m	£1.96m	£1.78m	£1.01m	£1.44m
Defined benefit pension scheme asset or liability	£0	£0	£0	£0	£0
Total liabilities	£228.36k	£210.44k	£287.21k	£113.13k	£176.12k

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
Annual return	31 March 2023	Not submitted
Accounts and TAR	31 March 2023	Not submitted
Annual return	31 March 2022	06 September 2022	On Time
Accounts and TAR	31 March 2022	06 September 2022	On Time
Annual return	31 March 2021	26 October 2021	On Time
Accounts and TAR	31 March 2021	26 October 2021	On Time
Annual return	31 March 2020	01 December 2020	On Time
Accounts and TAR	31 March 2020	01 December 2020	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 INCORPORATED 23/10/2001 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 29/10/2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 09 MAY 2017 as amended on 12 Dec 2019 as amended on 24 Oct 2019

Charitable objects

TO PROMOTE THE RELIEF OF ELDERLY PEOPLE IN ANY MANNER WHICH NOW OR HEREAFTER MAY BE DEEMED BY LAW TO BE CHARITABLE IN AND AROUND ESSEX

Area of benefit

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

IN AND AROUND ESSEX

AGE CONCERN ESSEX