ASIAN ELDERS' RESOURCE CENTRE

Registered charity 1114101 · accounts filings on the Charity Commission register · also known as ASIAN ELDER'S INITIATIVE

Asian Elders' Resource Centre provide drop-in advice & information centre and a day care unit. The centre is for any older person who is 50+, frail or disabled. We also provide training courses, health & well being, social interaction, leisure activities and promote independance. Advice on pension, housing and welfare rights is also given.

Causes: General Charitable Purposes · Education/training · Disability · website · Get email alerts

Latest income
£193k
Latest spending
£183k
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total net assets increased to £153,592, with unrestricted funds rising to £76,989. The trustees report a reserves policy target of six months' running costs but note they are still working to achieve this target. The charity acknowledges that loss of funding is a major risk, particularly due to local authority budget cuts.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £77k; policy: six months running cost)
Our target is to have six months running cost as a reserve and are working on the necessary resources to enable us to achieve our reserves policy in the future.
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public-sector contracts awarded

From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.

BuyerContractAwardedValue
Bolton CouncilTC143 - All Age Prevention Flexible Purchasing System (FPS)

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lancashire

Income and spending

Financial year endIncomeSpending
31/03/2025£193k£183k
31/03/2024£185k£174k
31/03/2023£159k£160k
31/03/2022£168k£127k
31/03/2021£154k£132k

Common questions

Is ASIAN ELDERS' RESOURCE CENTRE financially healthy?

Per its FY2025 accounts: The accounts state that total net assets increased to £153,592, with unrestricted funds rising to £76,989. The trustees report a reserves policy target of six months' running costs but note they are still working to achieve this target. The charity acknowledges that loss of funding is a major risk, particularly due to local authority budget cuts. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund11/12/2020£205kStaying Active & Connected
The National Lottery Community Fund11/05/2020£45kAERC response to COVID-19
The National Lottery Community Fund30/05/2019£10kHealthy bodies & Mind
The National Lottery Community Fund13/12/2012£273kAERC Day Care Programme
The National Lottery Community Fund07/07/2005£31kRenovation and renewal of local centre

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with WARD END ASIAN ELDERS WELFARE ASSOCIATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ASIAN ELDERS' RESOURCE CENTRE£193k0belowno doubt
WARD END ASIAN ELDERS WELFARE ASSOCIATION FY2025£108k0unclearno doubt
SANGAT COMMUNITY ASSOCIATION FY2025£324k0unclearno doubt
DOSTIYO- ASIAN WOMEN AND GIRLS ORGANISATION FY2025£209k0unclearno doubt
COMMUNITY CENTRE FOR REFUGEES FROM VIETNAM LAOS AND CAMBODIA FY2025£164k0aboveno doubt
ASIAN WOMEN'S RESOURCE CENTRE FY2025£2.7m0unclearno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.