AGE UK

Charity number: 1128267
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Age UK 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 2024

Total income:
£121,698,000

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £68.12m
Charitable activities £3.43m
Other trading activities £49.07m
Investments £1.08m
Other £0

Total expenditure:
£128,074,000

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Raising funds £22.50m
Charitable activities £65.15m
Other £40.42m

£2,654,000 investments gains (losses)

Total income includes £959 from 1 government contract(s) and £80,000 from 1 government grant(s)

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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £62.92m
Charitable expenditure £65.15m

People

1304 Employee(s)

14 Trustee(s)

9708 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 33
£70k to £80k 19
£80k to £90k 8
£90k to £100k 3
£100k to £110k 3
£110k to £120k 3
£120k to £130k 1
£130k to £140k 1
£150k to £200k 2
£200k to £250k 1

Fundraising

No information available

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
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Accommodation/housing
  • Other Charitable Purposes
Who the charity helps:
  • Elderly/old People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales
  • Bangladesh
  • Burma
  • Colombia
  • Ethiopia
  • Haiti
  • India
  • Jordan
  • Kenya
  • Kyrgyzstan
  • Lebanon
  • Mozambique
  • Nepal
  • Pakistan
  • South Africa
  • South Korea
  • South Sudan
  • Sri Lanka
  • Tanzania
  • Thailand
  • Uganda
  • Ukraine
  • Vietnam
  • Yemen
  • Zimbabwe

Governance

Registration history:
  • 17 November 2010: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
06825798 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Financial Conduct Authority
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

14 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Toby Emil Strauss Chair 04 January 2022
None on record
Helen Rice Trustee 01 October 2024
WH COMMUNITY TRUST
Received: On time
Lynda Thomas Trustee 13 February 2023
None on record
Nick Ernest Burstin Trustee 28 September 2022
None on record
Preeti Sadarangani Trustee 01 September 2022
None on record
Ann Veronica Keeling Trustee 26 July 2022
None on record
Dawn McNally Trustee 17 November 2021
None on record
Jackie Freeman Trustee 26 May 2021
THE ROUNDHOUSE TRUST
Received: On time
Roy Shubhabrata Trustee 26 November 2020
AGE UK BATH AND NORTH EAST SOMERSET LIMITED
Received: On time
Dr Carol Winifred Cole Trustee 26 November 2020
THE BRITISH PSYCHOLOGICAL SOCIETY
Received: On time
Julia Scott Trustee 26 November 2020
None on record
Martin Clifford Jones Trustee 29 March 2020
THE CARE WORKERS CHARITY
Received: On time
ANDREW MICHAEL MORLEY DIXON Trustee 01 October 2017
None on record
SHARON JANE ALLEN Trustee 01 September 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £130.95m £127.06m £125.97m £123.23m £121.70m
Total expenditure £136.35m £125.14m £115.29m £130.52m £128.07m
Income from government contracts £1.04m £3.87m £2.79m £11.04k £959
Income from government grants £5.09m £107.25k £2.27m £2.38m £80.00k
Income - Donations and legacies £67.74m £86.87m £77.17m £73.70m £68.12m
Income - Other trading activities £57.52m £23.65m £43.78m £46.06m £49.07m
Income - Charitable activities £4.37m £6.85m £3.89m £2.50m £3.43m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £1.02m £707.00k £649.00k £970.00k £1.08m
Income - Other £304.00k £8.98m £480.00k £0 £0
Income - Legacies £24.96m £23.08m £29.98m £25.88m £27.56m
Expenditure - Charitable activities £63.61m £69.26m £62.79m £72.40m £65.15m
Expenditure - Raising funds £16.16m £14.50m £18.45m £58.12m £22.50m
Expenditure - Governance £589.00k £510.00k £869.00k £913.00k £1.15m
Expenditure - Grants institution £432.00k £207.00k £29.14m £30.95m £23.05m
Expenditure - Investment management £230.00k £247.00k £811.00k £584.20k £0
Expenditure - Other £56.59m £41.39m £34.05m £0 £40.42m

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 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £11.02m £7.99m £6.83m £6.92m £7.97m
Long-term investments £59.38m £61.70m £62.57m £54.64m £46.96m
Other assets £24.02m £25.65m £38.56m £31.24m £29.76m
Defined benefit pension scheme asset or liability -£7.25m -£7.99m -£1.21m -£13.00k -£6.00k
Total liabilities £35.59m £27.24m £26.76m £27.14m £27.53m

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 2024 29 January 2025 On Time
Accounts and TAR 31 March 2024 29 January 2025 On Time Download Open in new window
Annual return 31 March 2023 25 January 2024 On Time
Accounts and TAR 31 March 2023 25 January 2024 On Time Download Open in new window
Annual return 31 March 2022 26 January 2023 On Time
Accounts and TAR 31 March 2022 26 January 2023 On Time Download Open in new window
Annual return 31 March 2021 31 January 2022 On Time
Accounts and TAR 31 March 2021 31 January 2022 On Time Download Open in new window
Annual return 31 March 2020 28 January 2021 On Time
Accounts and TAR 31 March 2020 28 January 2021 On Time Download Open in new window
Submit annual return Open in new window

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 20 FEB 2009 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 25 JUL 2013 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 27 MAR 2014 as amended on 17 Aug 2022

Charitable objects

1 PREVENTING OR RELIEVING THE POVERTY OF OLDER PEOPLE 2 ADVANCING EDUCATION 3 PREVENTING OR RELIEVING SICKNESS, DISEASE OR SUFFERING IN OLDER PEOPLE (WHETHER EMOTIONAL, MENTAL OR PHYSICAL) 4 PROMOTING EQUALITY AND DIVERSITY 5 PROMOTING THE HUMAN RIGHTS OF OLDER PEOPLE IN ACCORDANCE WITH THE UNIVERSAL DECLARATION OF HUMAN RIGHTS 6 ASSISTING OLDER PEOPLE IN NEED BY REASON OF ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP, SOCIAL EXCLUSION OR OTHER DISADVANTAGE; AND 7 SUCH OTHER CHARITABLE PURPOSES FOR THE BENEFIT OF OLDER PEOPLE AS THE TRUSTEES FROM TIME TO TIME DECIDE

Area of benefit

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

UNDEFINED. IN PRACTICE, THROUGHOUT ENGLAND.

Linked charities

Linked charities
Linked charity 1128267-3 EDNA LIPSON FOR AGE CONCERN ENGLAND
Governing document
SCHEME DATED 16 JANUARY 2002
Charitable objects
FOR THE GENERAL PURPOSES OF THE CHARITY CALLED AGE CONCERN ENGLAND - 261794
Area of benefit
NOT DEFINED
Registration history
  • 17 November 2010 : Standard registration

Contact information

Address:
Age UK
7th Floor
One America Square
17 Crosswall
LONDON
EC3N 2LB
Phone:
08001698080
Email:
contact@ageuk.org.uk
Website:

www.ageuk.org.uk Open in new window