AGE UK OLDHAM LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity made a deficit of £91,474 in its own funds for the year ended 31 March 2024. Per the trustees' report, reserves are considered adequate for this deficit, although the budgeting process for the coming year is described as more difficult due to tight funding budgets and rising employer National Insurance costs. The charity has also expended £448,663 on property assets to secure facilities for day care services.
What the accounts disclose
“These financial statements consolidate the results of the charitable company and its wholly owned trading subsidiary, George Street Chapel Limited.” — page 53
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (08/01/2020)
- Received assets from another charity (14/03/2012)
Trustees
- CLINT EDWARD ELLIOTT
- JOHN THOMSON
- Nazrin Azad
- Philip McEvoy
- Stuart Bailey
- Zoe Ashton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.5m | £2.6m |
| 31/03/2024 | £2.7m | £2.8m |
| 31/03/2023 | £2.6m | £2.5m |
| 31/03/2022 | £2.4m | £2.3m |
| 31/03/2021 | £2.4m | £2.2m |
Common questions
Is AGE UK OLDHAM LIMITED financially healthy?
The accounts state that the charity made a deficit of £91,474 in its own funds for the year ended 31 March 2024. Per the trustees' report, reserves are considered adequate for this deficit, although the budgeting process for the coming year is described as more difficult due to tight funding budgets and rising employer National Insurance costs. The charity has also expended £448,663 on property assets to secure facilities for day care services. Its FY2024 accounts were audited by Chadwick and Company (Manchester) Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 31/10/2013 | £10k | "Lest we forget" |
| The National Lottery Heritage Fund | 02/12/2010 | £1.0m | "George Street Chapel Life Stories" |
| The National Lottery Heritage Fund | 07/04/2005 | £23k | "George Street Chapel Living Heritage Centre" |