AGE UK KENSINGTON AND CHELSEA
Financial health, per its FY2024 accounts
The accounts state that total income decreased to £2.96m from £3.16m in the prior year, while total expenditure was £3.04m, resulting in a net deficit. The trustees report that free/unrestricted reserves stand at £868k, which they consider sufficient to allow for four months of strategic readjustment and to support sustainability should major challenges arise.
What the accounts disclose
“At the balance sheet date, the free reserves are £868k to allow for 4 months of strategic readjustment, and to support the sustainability of the organisation should major challenges arise.”
“The charity invested in a subsidiary undertaking and holds 100% of the share capital of Age United Limited.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Robert Empsonchair
- Caroline Dove
- Daniel Misra-Jones
- Deepika Misra-Jones
- Fergus Cass
- Henry Wrigley
- Jo Sensini
- Megan Skinner
- Pandora Wright
- Rebecca Harben
- Sylvia Sinclair
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.9m | £2.8m |
| 31/03/2024 | £3.0m | £3.0m |
| 31/03/2023 | £3.2m | £3.1m |
| 31/03/2022 | £2.7m | £2.8m |
| 31/03/2021 | £3.2m | £3.2m |
Common questions
Is AGE UK KENSINGTON AND CHELSEA financially healthy?
The accounts state that total income decreased to £2.96m from £3.16m in the prior year, while total expenditure was £3.04m, resulting in a net deficit. The trustees report that free/unrestricted reserves stand at £868k, which they consider sufficient to allow for four months of strategic readjustment and to support sustainability should major challenges arise. Its FY2024 accounts were audited by Knox Cropper LLP.
Who funds AGE UK KENSINGTON AND CHELSEA?
Funders whose own accounts filings name AGE UK KENSINGTON AND CHELSEA as a grant recipient include CHAPMAN CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| CHAPMAN CHARITABLE TRUST | FY2025 | £2k |