Age UK Hythe, Lyminge and Ashford
Financial health, per its FY2025 accounts
The accounts state that the charity made a loss for the year ended 31 March 2025 and forecasts further potential losses over the next three years. To preserve sustainability, the trustees decided to close one building and implement changes in services and staffing. Despite these financial pressures, the charity reports having a strong foundation and has maintained its core services through sound investments and increased income streams.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (03/06/2011)
Trustees
- Penny Southernchair
- Anthony Hogben JP
- Frederick Hobbs
- Gary Mansfield
- Ian Barnett Cox
- Jane Kennedy
- Karen Byrne
- Michael Doble
- Phillip Carter
- Sarah Barnes
- THOMAS DAWLINGS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.7m |
| 31/03/2024 | £2.0m | £1.7m |
| 31/03/2023 | £1.0m | £1.2m |
| 31/03/2022 | £1.2m | £895k |
| 31/03/2021 | £1.4m | £1.0m |
Common questions
Is Age UK Hythe, Lyminge and Ashford financially healthy?
The accounts state that the charity made a loss for the year ended 31 March 2025 and forecasts further potential losses over the next three years. To preserve sustainability, the trustees decided to close one building and implement changes in services and staffing. Despite these financial pressures, the charity reports having a strong foundation and has maintained its core services through sound investments and increased income streams. Its FY2025 accounts were audited by Burgess Hodgson Audit Limited.