AgeUK Worcester,Malvern Hills & Hereford Localities
Latest income
£2.8m
Latest spending
£2.8m
Registered
2006
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that total income increased to £1.374m, driven by grant income, while net income for the year was £81.9k. Free reserves amounted to £919,543, which the trustees consider sufficient to cover 8.4 months of expenditure, providing confidence in the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: six months' total revenue expenditure (held: £920k)
“The Reserves Policy is to have free reserves (unrestricted funds excluding fixed assets) of at least six months' total revenue expenditure.” — page 8
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£2.8m
Total spending
£2.8m
Cost of raising funds
£1.3m
Reserves (reported)
£2.2m
Employees
85
Register events
- Received assets from another charity (06/08/2026)
Trustees
- ANTHONY BUTTANSHAW
- Abigail Ellen Clevely
- Collette Marie Clifford
- DAVID DEWINTON KITCAT
- HAZEL SHERWOOD
- Jack Alexander Markiewicz
- John McKenzie
- Stephen Francis Edmund Bartholomew
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.8m | £2.8m |
| 31/03/2024 | £2.1m | £1.9m |
| 31/03/2023 | £1.4m | £1.3m |
| 31/03/2022 | £1.2m | £982k |
| 31/03/2021 | £1.7m | £532k |
Common questions
Is AgeUK Worcester,Malvern Hills & Hereford Localities financially healthy?
The accounts state that total income increased to £1.374m, driven by grant income, while net income for the year was £81.9k. Free reserves amounted to £919,543, which the trustees consider sufficient to cover 8.4 months of expenditure, providing confidence in the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Richards Sandy Audit Services Limited.