AGE UK THANET LIMITED
Providing Social opportunities, information and Advice and community services for people over the age of 50 in Thanet. Branded partner of Age UK nationally
Financial health, per its FY2025 accounts
The accounts state that the charity generated an operating surplus of £76,170 for the year ended 31 March 2025, with total income of £830,204 and expenditure of £754,034. The trustees report that unrestricted reserves of £480,858 exceed the stated policy target of £300,000, representing between four and six months of direct operating costs. The charity confirms it has adequate resources to continue as a going concern with no material uncertainties identified.
What the accounts disclose
“The Trustees have reviewed the reserves of the charity and established a policy under which the unrestricted reserves held by the charity should be between four and six months of the charity’s direct costs of operation. This amounts to £300,000 (2024: £300,000).” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (17/05/2017)
Trustees
- SHIRLEY TOMLINSONchair
- Jayne Ann Eleanor Prentice-Whitney
- Jennifer Caney
- Wayne Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £830k | £754k |
| 31/03/2024 | £834k | £745k |
| 31/03/2023 | £783k | £832k |
| 31/03/2022 | £717k | £878k |
| 31/03/2021 | £980k | £726k |
Common questions
Is AGE UK THANET LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated an operating surplus of £76,170 for the year ended 31 March 2025, with total income of £830,204 and expenditure of £754,034. The trustees report that unrestricted reserves of £480,858 exceed the stated policy target of £300,000, representing between four and six months of direct operating costs. The charity confirms it has adequate resources to continue as a going concern with no material uncertainties identified. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 01/04/2015 | £102k | Thanet Age UK Intergenerational Project |