AGE UK
Financial health, per its FY2025 accounts
The accounts state that Age UK reported an operating deficit of £3.2 million for the year, driven by increased charitable expenditure and rising retail costs. However, the trustees confirm the charity remains within its target free reserves range of £30 million to £40 million, with actual free reserves at £35.0 million, and maintains a going concern basis until at least March 2027.
What the accounts disclose
“£280,001 - £290,000 1.0 - 1.0”
“Applying this principle, Age UK has a target free reserves range of £30 million to £40 million.”
“A grant of £66,599 (2024: £33,675) was awarded to Age UK Bath and North East Somerset where our Trustee Roy Shubhabrata is a director.” — page 120
“A grant of £25,375 (2024: £62,556) was awarded to Age UK North Tyneside where our Trustee Dawn McNally is Chief Executive.” — page 120
“A grant of £66,599 (2024: £33,675) was awarded to Age UK Bath and North East Somerset where our Trustee Roy Shubhabrata is a director.” — page 120
“A grant of £25,375 (2024: £62,556) was awarded to Age UK North Tyneside where our Trustee Dawn McNally is Chief Executive.” — page 120
“A grant of £66,599 (2024: £33,675) was awarded to Age UK Bath and North East Somerset where our Trustee Roy Shubhabrata is a director.” — page 120
“A grant of £25,375 (2024: £62,556) was awarded to Age UK North Tyneside where our Trustee Dawn McNally is Chief Executive.” — page 120
Funders the charity credits
- Emanuel Hospital Charity
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (05/06/2026)
- Received assets from another charity (05/06/2026)
- Received assets from another charity (08/09/2025)
- Received assets from another charity (23/12/2024)
- Received assets from another charity (14/08/2024)
- Received assets from another charity (26/07/2024)
Trustees
- Toby Emil Strausschair
- ANDREW MICHAEL MORLEY DIXON
- Dawn McNally
- Dr Carol Winifred Cole
- Helen Rice
- Jackie Freeman
- Julia Scott
- Lynda Thomas
- Nick Ernest Burstin
- Nilufer Kheraj
- Oonagh Smyth
- Roy Shubhabrata
- SHARON JANE ALLEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £131.8m | £135.1m |
| 31/03/2024 | £121.7m | £128.1m |
| 31/03/2023 | £123.2m | £130.5m |
| 31/03/2022 | £126.0m | £115.3m |
| 31/03/2021 | £127.1m | £125.1m |
Common questions
Is AGE UK financially healthy?
The accounts state that Age UK reported an operating deficit of £3.2 million for the year, driven by increased charitable expenditure and rising retail costs. However, the trustees confirm the charity remains within its target free reserves range of £30 million to £40 million, with actual free reserves at £35.0 million, and maintains a going concern basis until at least March 2027. Its FY2025 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of AGE UK earn?
Per its FY2025 accounts, the highest-paid employee was in the £280,001 - £290,000 band.
Who funds AGE UK?
Funders whose own accounts filings name AGE UK as a grant recipient include AGE UK, THE MASTER CHARITABLE TRUST, Rothesay Foundation, DEVELOPMENTS IN LITERACY UK (UK), Sussex Community NHS Charity.
Shared trustees with funders
- ANDREW MICHAEL MORLEY DIXON — trustee here and at AGE UK
- Dawn McNally — trustee here and at AGE UK
- Dr Carol Winifred Cole — trustee here and at AGE UK
- Helen Rice — trustee here and at AGE UK
- Jackie Freeman — trustee here and at AGE UK
- Julia Scott — trustee here and at AGE UK
- Lynda Thomas — trustee here and at AGE UK
- Nick Ernest Burstin — trustee here and at AGE UK
- Nilufer Kheraj — trustee here and at AGE UK
- Oonagh Smyth — trustee here and at AGE UK
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE COMMUNITY FOUNDATION FOR WILTSHIRE & SWINDON | 1 | £305k |
| THE HAMPSTEAD WELLS AND CAMPDEN TRUST | 1 | £40k |
| THE TOMORO FOUNDATION | 1 | £22k |
| Vivensa Foundation | 1 | £10k |
| THE MILLICHOPE FOUNDATION | 1 | £5k |
| EMERTON-CHRISTIE CHARITY | 1 | £3k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN-AT-HAMPSTEAD | 1 | £2k |