AGE CONCERN SWANSEA

Charity number: 507560
Removed charity

Charity overview

Activities - how the charity spends its money

"promote the relief of older people in any manner which now or hereafter may be deemed by law to be charitable within City of Swansea". In particular, we aim to help local older people stay well, emotionally and physically, and living in their own homes. We have a preventative and holistic approach to complement statutory agencies, working in partnership with over 70 agencies.

Income and expenditure

Data for financial year ending 31 March 2011

Total income:
£924,201

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Donations and legacies £23.46k
Charitable activities £763.06k
Other trading activities £130.60k
Investments £5.68k
Other £1.40k

Total expenditure:
£958,623

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Raising funds £0
Charitable activities £869.25k
Other £0

£0 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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £89.38k
Charitable expenditure £869.25k

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
  • Accommodation/housing
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
  • Other Defined Groups
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • City Of Swansea

Governance

Registration history:
  • 23 January 1985: Standard registration
  • 03 February 2012: Funds received from 509699 THE WEST GLAMORGAN PRE-RETIREMENT COUNCIL
  • 05 June 2013: Funds transferred to 1140989 Age Cymru West Glamorgan Limited
  • 05 June 2013: Removed (Funds transferred (incor))
Organisation type:
Other
Other names:
  • AGE CONCERN - WEST GLAMORGAN (THE WEST GLAMORGAN OLD PEOPLE'S WELFARE COMMITTEE) (Previous name)
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 31/03/2007 31/03/2008 31/03/2009 31/03/2010 31/03/2011
Total gross income £854.45k £885.45k £886.80k £919.12k £924.20k
Total expenditure £875.14k £924.29k £842.43k £891.03k £958.62k
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 £26.94k £32.84k £32.92k £33.71k £23.46k
Income - Other trading activities £696.65k £120.41k £115.41k £117.29k £130.60k
Income - Charitable activities £98.70k £702.59k £713.78k £763.12k £763.06k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £22.16k £27.48k £24.55k £4.91k £5.68k
Income - Other £10.00k £2.13k £138 £101 £1.40k
Income - Legacies £500 £100 £2.72k £1.00k £550
Expenditure - Charitable activities £797.04k £748.63k £696.50k £796.08k £869.25k
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance £4.36k £7.46k £5.95k £5.80k £5.85k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £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.

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Asset / Liability 31/03/2007 31/03/2008 31/03/2009 31/03/2010 31/03/2011
Own use assets £27.65k £19.86k £14.89k £11.17k £8.38k
Long-term investments £0 £0 £0 £0 £0
Other assets £478.26k £440.88k £522.06k £551.81k £578.47k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £13.84k £7.52k £39.37k £37.31k £95.60k

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 2013 Not submitted
Accounts and TAR 31 March 2013 Not submitted
Annual return 31 March 2012 Not submitted
Accounts and TAR 31 March 2012 Not submitted
Annual return 31 March 2011 06 December 2011 On time
Accounts and TAR 31 March 2011 06 December 2011 On time
Annual return 31 March 2010 26 October 2010 On time
Accounts and TAR 31 March 2010 26 October 2010 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.

CONSTITUTION ADOPTED 5 JUNE 1974 AS AMENDED 26 OCTOBER 1993, 1 OCTOBER 2002, 25 OCTOBER 2007 AND 15 OCTOBER 2010.

Charitable objects

TO PROMOTE THE RELIEF OF OLDER PEOPLE IN ANY MANNER WHICH NOW IS OR HEREAFTER MAY BE DEEMED BY LAW TO BE CHARITABLE IN AND AROUND THE CITY AND COUNTY OF SWANSEA, AND WITHIN THE ADMINISTRATIVE BOUNDARIES OF APPROPRIATE AUTHORITIES AS REQUIRED.

Area of benefit

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

CITY AND COUNTY OF SWANSEA, AND WITHIN THE ADMINISTRATIVE BOUNDARIES OF APPROPRIATE AUTHORITIES AS REQUIRED.