THE THIRD AGE PROJECT
The objects of the Charity is to provide social welfare, education and leisure services particularly for adults over 50 years of age living in the West Euston Area of the London Borough of Camden.The Trustees carry out the objects of the Charity through the provision of a wide range of support services and activities to improve the conditions of life of older people.
Objects
FOR THE PUBLIC BENEFIT AND IN PARTICULAR FOR THE BENEFIT OF ADULTS IN THE WEST EUSTON AREA (AS DEFINED BY THE GOVERNMENT OFFICE FOR LONDON) WHO ARE AGED 50 YEARS OR OVER ("OLDER PEOPLE") TO RELIEVE OLDER PEOPLE WHO ARE IN NEED THROUGH THE PROVISION OF CATERING FACILITIES AND SUCH OTHER ASSISTANCE AS THE CHARITY MAY DECIDE AND TO PROVIDE AND ASSIST IN THE PROVISION OF FACILITIES FOR EDUCATION AND FOR THE RECREATION AND OTHER LEISURE-TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF OLDER PEOPLE.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £4,024 for the year ended 31 March 2025, with total income of £209,754 against total expenditure of £205,730. Per the trustees' report, unrestricted reserves of £266,978 are held, which the trustees confirm are above their targeted level of six months of operating costs. The financial position shows net current assets of £332,194, indicating sufficient working capital to meet immediate liabilities.
What the accounts disclose
“the trustees have agreed that the level of free cash reserves (excluding designated funds) should be maintained at a level equivalent to six months of operating costs and three months of contract sessional staff and redundancy costs.” — page 13
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
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting 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: 43
- Government income: £36,200 — grants £36,200 (3); 17% of the £209,754 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 38
- Government income: £47,000 — grants £47,000 (2); 21% of the £228,689 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 54
- Government income: £35,500 — grants £35,500 (3); 16% of the £217,158 total gross income on the same return
Corporate structure
- Registered company of the charity Companies House 04715685 · Financial health read from its filings
Company officers (Companies House)
- FARHANA, Shireen not on trustee list
- SAWYER, Victoria on trustee list
- MARKOU, Eleni, Dr on trustee list
- BROTHERTON, Peter on trustee list
- MITCHELL, Helen Emma Jacqueline on trustee list
- GARFORD-TULL, Andrea Sorny on trustee list
- HO, Celina Pi Ying not on trustee list
- ROSS, Mark on trustee list
- JOHNSON, Heather Margaret on trustee list
- HOUSTON, Ross Semple, Councillor on trustee list
- GRAZI, Federica Maria
Trustees
- Dr Eleni Markouchair
- Andrea Sorny Garford-Tull
- Edward Jones
- Federica Maria Grazi
- HEATHER MARGARET JOHNSON
- Helen Emma Jacqueline Mitchell
- Luca Gallo
- MARK ROSS
- ROSS SEMPLE HOUSTON
- Victoria Sawyer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £210k | £206k |
| 31/03/2024 | £229k | £209k |
| 31/03/2023 | £217k | £193k |
| 31/03/2022 | £244k | £171k |
| 31/03/2021 | £254k | £175k |
Common questions
Is THE THIRD AGE PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £4,024 for the year ended 31 March 2025, with total income of £209,754 against total expenditure of £205,730. Per the trustees' report, unrestricted reserves of £266,978 are held, which the trustees confirm are above their targeted level of six months of operating costs. The financial position shows net current assets of £332,194, indicating sufficient working capital to meet immediate liabilities. Its FY2025 accounts were independently examined.
Who funds THE THIRD AGE PROJECT?
Funders whose own accounts filings name THE THIRD AGE PROJECT as a grant recipient include THE MERCERS CHARITABLE FOUNDATION, CHARITY OF SIR RICHARD WHITTINGTON, THE GRAND CHARITY, CAMDEN GIVING.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MERCERS CHARITABLE FOUNDATION | FY2025 | £38k | Older People & Housing Programme |
| CHARITY OF SIR RICHARD WHITTINGTON | FY2024 | £32k | Older People & Housing |
| CHARITY OF SIR RICHARD WHITTINGTON | FY2023 | £30k | Older People & Housing |
| CHARITY OF SIR RICHARD WHITTINGTON | FY2022 | £30k | Older People & Housing Programme |
| THE GRAND CHARITY | FY2022 | £15k | Core Funding |
| CAMDEN GIVING | FY2021 | £6k | KX Fund |
| CAMDEN GIVING | FY2021 | £5k | Emergency COVID-19 Fund |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 26/03/2026 | £7k | Be Active in the Community: Helping Older Adults Move More |
| The Mercers' Company | 04/12/2024 | £98k | Grant to Third Age Project |
| The National Lottery Community Fund | 25/04/2024 | £20k | Age on Stage |
| London Borough of Camden | 21/02/2024 | £210k | Grant to The Third Age Project |
| Camden Council | 21/02/2024 | £210k | Grant to The Third Age Project |
| The Mercers' Company | 24/09/2021 | £92k | Grant to Third Age Project |
| Camden Giving | 26/06/2020 | £6k | Third Age Project |
| Camden Giving | 08/06/2020 | £5k | The Third Age Project |
| Camden Giving | 11/07/2019 | £1k | Growing Communities |
| Camden Giving | 09/05/2019 | £6k | The Third Age Project |
| Camden Giving | 26/07/2018 | £100k | The Third Age Project |
| City Bridge Foundation | 08/10/2009 | £91k | Grant to The Third Age Project |
| The National Lottery Heritage Fund | 27/04/2005 | £42 | "This Group Will Use Their Award To Hold A Street Party To Celebration The 60th Anniversary Of D Day And Ve Day." |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AGE UK | 1 | £208k |
| THE FORBES CHARITABLE FOUNDATION | 1 | £57k |
| ST ANDREW HOLBORN AND STAFFORD'S CHARITY | 1 | £29k |
| THE REED FOUNDATION | 1 | £8k |
| THE BRIDGE RENEWAL TRUST | 1 | £4k |
| THE JOICEY TRUST | 1 | £2k |
| BARCHESTER HEALTHCARE FOUNDATION | 1 | £2k |
Charities like this
- THE UNIVERSITY OF THE THIRD AGE - RICHMOND UPON THAMES
- THE TOWER PROJECT
- AGE UK TORBAY
- THE THIRD AGE TRUST
- AGE UK NORTHUMBERLAND
- AGE UK CITY OF LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE THIRD AGE PROJECT | £210k | — | 0 | above | — | no doubt |
| THE UNIVERSITY OF THE THIRD AGE - RICHMOND UPON THAMES | £47k | — | 0 | unclear | — | no doubt |
| THE TOWER PROJECT | £4.7m | — | 8 | above | — | no doubt |
| AGE UK TORBAY | £869k | — | 0 | unclear | — | no doubt |
| THE THIRD AGE TRUST | £3.5m | — | — | unclear | — | no doubt |
| AGE UK NORTHUMBERLAND | £6.8m | £70,001 - £80,000 | 1 | within | — | no doubt |