AGE CONCERN READING
Information and Signposting, Activity Clubs, Tea Club, Weekly Pop-In, Toenail Cutting Service, Befriending, gardening, shopping and Campaigning on issues that affect people in later life.
Objects
TO PROMOTE THE RELIEF OF ELDERLY PEOPLE IN A MANNER WHICH NOW OR HEREAFTER MAY BE DEEMED BY LAW TO BE CHARITABLE IN AND AROUND READING (HEREINAFTER CALLED "THE AREA OF BENEFIT")
Financial health, per its FY2025 accounts
The charity reported a net surplus of £6,222 for the year, with total income of £294,532 against expenditure of £288,310. Unrestricted reserves stood at £85,157, which the trustees note is below their policy target of 12 months' expenditure, representing only 4 months' coverage. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Income from projects 110,710” — page 12
“The current level of unrestricted reserves represents 4 months. The charity plans to increase the level of reserves over future periods to return to the target level.”
“During the year the Charity received payments totaling £7,000 (2024: £1,000) from Age UK, with an agreement to receive a further £20,000 from Age UK in partnership with Omaze.” — page 20
“The following is a subsidiary undertaking of the charity: Name Class of Share Holding Age UK Reading Trading Limited Ordinary 100”
Policies the charity declares
- 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
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 85
- Government income: £75,230 — contracts £74,563 (2), grants £667 (1); 26% of the £294,532 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 70
- Government income: £86,342 — contracts £81,342 (2), grants £5,000 (1); 28% of the £307,379 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 70
- Government income: £51,868 — contracts £51,868 (2); 24% of the £214,332 total gross income on the same return
- Has a trading subsidiary
Trustees
- JOHN WILKINSONchair
- Bikal Shrestha
- Eleanor Riches
- Joanne Maree Wedlock
- Kay Bews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £295k | £288k |
| 31/03/2024 | £307k | £279k |
| 31/03/2023 | £214k | £259k |
| 31/03/2022 | £168k | £191k |
| 31/03/2021 | £189k | £197k |
Common questions
Is AGE CONCERN READING financially healthy?
Per its FY2025 accounts: The charity reported a net surplus of £6,222 for the year, with total income of £294,532 against expenditure of £288,310. Unrestricted reserves stood at £85,157, which the trustees note is below their policy target of 12 months' expenditure, representing only 4 months' coverage. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds AGE CONCERN READING?
Funders whose own accounts filings name AGE CONCERN READING as a grant recipient include BERKSHIRE COMMUNITY FOUNDATION, THE MCCARTHY & STONE CHARITABLE FOUNDATION, THE HEADLEY TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| BERKSHIRE COMMUNITY FOUNDATION | FY2023 | £15k | |
| THE MCCARTHY & STONE CHARITABLE FOUNDATION | FY2023 | £7k | Dementia Action Week |
| THE HEADLEY TRUST | FY2024 | £5k | Towards the cost of running its dementia day care service. |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 10/03/2023 | £10k | New Approaches |
| The National Lottery Community Fund | 16/04/2021 | £10k | Sustainable Support for the Most Lonely – post Covid |
| The National Lottery Community Fund | 30/05/2019 | £10k | IT Upgrade 2019 |
| The National Lottery Community Fund | 12/11/2004 | £5k | Lunch clubs |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASON BIBBY 1981 TRUST | 4 | £5k |
| AGE UK | 2 | £263k |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | 1 | £292k |
| THE STEVE MORGAN FOUNDATION | 1 | £180k |
| Cheshire West Voluntary Action | 1 | £23k |
| The Patricia Routledge Foundation | 1 | £16k |
| Vivensa Foundation | 1 | £11k |
| ARMED FORCES COVENANT FUND | 1 | £10k |
Charities like this
- AGE CONCERN WOLVERHAMPTON
- AGE CONNECTED
- AGE CONCERN ULVERSTON AND DISTRICT
- AGE CONCERN WIRRAL
- AGE CONCERN LIVERPOOL & SEFTON
- AGE CONCERN HAYLING ISLAND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AGE CONCERN READING | £295k | — | 0 | below | — | no doubt |
| AGE CONCERN WOLVERHAMPTON | £341k | — | 0 | unclear | — | no doubt |
| AGE CONNECTED | £177k | — | 0 | unclear | — | no doubt |
| AGE CONCERN ULVERSTON AND DISTRICT | £24k | — | 0 | unclear | — | no doubt |
| AGE CONCERN WIRRAL | £4.1m | £90,001 - £100,000 | — | unclear | — | no doubt |
| AGE CONCERN LIVERPOOL & SEFTON | £2.2m | — | — | within | — | no doubt |