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.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £6,222 for the year ended 31 March 2025, with total unrestricted reserves of £85,157. Per the trustees' report, these reserves represent four months of expenditure, which is below the charity's stated policy target of maintaining reserves at a level of 12 months expenditure.
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. No payments have been made to Trustees and there were no other related party transactions during the year or prior year.” — page 20
“The following is a subsidiary undertaking of the charity: Name Class of Share Holding Age UK Reading Trading Limited Ordinary 100”
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 accounts state that the charity reported a net surplus of £6,222 for the year ended 31 March 2025, with total unrestricted reserves of £85,157. Per the trustees' report, these reserves represent four months of expenditure, which is below the charity's stated policy target of maintaining reserves at a level of 12 months expenditure. 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 |