AGE UK LEICESTER SHIRE AND RUTLAND LIMITED
Latest income
£8.1m
Latest spending
£8.1m
Registered
2012
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity ended the financial year in surplus with total funds increasing to £9.7 million. The trustees report that the charity is in a relatively strong position, having managed the cost-of-living crisis through astute financial management and efficiency measures. The auditor confirmed that the financial statements give a true and fair view and there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: a range between £1m and £2.3m (held: £7.3m)
“This equates to a range between £1m and £2.3m.” — page 30
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Gift aid donations received from subsidiary companies.
“During the year the charity received gift aid donations of £239,126 (2023: £240,881) from Age UK Leicester Shire and Rutland Contract Care Limited and £5,021 (2023: £4,749) from Age UK Leicester Shire & Rutland Transport & Trading Limited.” — page 66
“During the year the charity made net payments of £334,498 (2023: £355,834) to Age UK Leicester Shire & Rutland Transport & Trading Limited for the use of minibuses and drivers.” — page 66
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payments to subsidiary for transport services.
“During the year the charity received gift aid donations of £239,126 (2023: £240,881) from Age UK Leicester Shire and Rutland Contract Care Limited and £5,021 (2023: £4,749) from Age UK Leicester Shire & Rutland Transport & Trading Limited.” — page 66
“During the year the charity made net payments of £334,498 (2023: £355,834) to Age UK Leicester Shire & Rutland Transport & Trading Limited for the use of minibuses and drivers.” — page 66
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Rental income from subsidiary companies.
“During the year the charity received gift aid donations of £239,126 (2023: £240,881) from Age UK Leicester Shire and Rutland Contract Care Limited and £5,021 (2023: £4,749) from Age UK Leicester Shire & Rutland Transport & Trading Limited.” — page 66
“During the year the charity made net payments of £334,498 (2023: £355,834) to Age UK Leicester Shire & Rutland Transport & Trading Limited for the use of minibuses and drivers.” — page 66
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Salary and other recharges from subsidiary companies.
“During the year the charity received gift aid donations of £239,126 (2023: £240,881) from Age UK Leicester Shire and Rutland Contract Care Limited and £5,021 (2023: £4,749) from Age UK Leicester Shire & Rutland Transport & Trading Limited.” — page 66
“During the year the charity made net payments of £334,498 (2023: £355,834) to Age UK Leicester Shire & Rutland Transport & Trading Limited for the use of minibuses and drivers.” — page 66
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Concessionary loan from trust connected to a trustee.
“During the year the charity received gift aid donations of £239,126 (2023: £240,881) from Age UK Leicester Shire and Rutland Contract Care Limited and £5,021 (2023: £4,749) from Age UK Leicester Shire & Rutland Transport & Trading Limited.” — page 66
“During the year the charity made net payments of £334,498 (2023: £355,834) to Age UK Leicester Shire & Rutland Transport & Trading Limited for the use of minibuses and drivers.” — page 66
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£8.1m
Total spending
£8.1m
Cost of raising funds
£3.5m
Reserves (reported)
£2.0m
Employees
237
Care Quality Commission ratings
- Lansdowne House - Leicester: Good
Register events
- Received assets from another charity (16/08/2021)
- Received assets from another charity (26/11/2017)
- Received assets from another charity (14/10/2013)
Trustees
- GRAHAM SMITHchair
- Barbara May Freestone
- CHRISTOPHER THOMAS SAUL
- DR Peter George Neville
- Joanne Kavanagh
- Kiran Hindocha
- Mark Evan Jones
- Martin Herbert
- Navin Parmar
- PAUL RICHARDS
- SIMON RICHARD LINDLEY
- Sean Patrik Moran
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £8.1m | £8.1m |
| 31/03/2024 | £7.8m | £7.7m |
| 31/03/2023 | £7.0m | £7.3m |
| 31/03/2022 | £7.3m | £6.6m |
| 31/03/2021 | £6.7m | £6.1m |
Common questions
Is AGE UK LEICESTER SHIRE AND RUTLAND LIMITED financially healthy?
The accounts state that the charity ended the financial year in surplus with total funds increasing to £9.7 million. The trustees report that the charity is in a relatively strong position, having managed the cost-of-living crisis through astute financial management and efficiency measures. The auditor confirmed that the financial statements give a true and fair view and there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Forvis Mazars LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 22/10/2001 | £50k | "Lansdowne House Entrance Hall" |