Charity overview AGE UK LINCOLN AND SOUTH LINCOLNSHIRE
Activities - how the charity spends its money
Age UK Lincoln & South Lincolnshire has 5 key functions - to undertake research into the needs of older people and to develop innovative services; raise awareness of older peoples' issues and campaign on their behalf; provide information and advocacy, provide a range of other community services that promotes health and wellbeing, independence and choice; promote volunteering opportunities.
Income and expenditure
Data for financial year ending 31 March 2024
Total income:
£4,479,924
Donations and legacies | £936.55k | |
Charitable activities | £3.33m | |
Other trading activities | £168.79k | |
Investments | £43.13k | |
Other | £0 |
Total expenditure:
£4,750,110
Raising funds | £38.86k | |
Charitable activities | £4.71m | |
Other | £0 |
£73,368 investments gains (losses)
Total income includes £856,775 from 8 government grant(s)
Charitable expenditure
Charitable expenditure with investment gains
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 | £38.86k | |
Charitable expenditure | £4.71m |
People
272 Employee(s)
7 Trustee(s)
221 Volunteer(s)
Employees with total benefits over £60,000
Number of employees | |
---|---|
£60k to £70k | 1 |
£70k to £80k | 1 |
Fundraising
Trading
Trustee payments
Tell us whether you accept cookies
We use cookies to collect information about how you use your Charity Commission Account, such as pages you visit.
We use this information to better understand how you use our website so that we can improve your user experience and present more relevant content.