AGE CONCERN (BANSTEAD)
Age Concern (Banstead) is a charity set up to promote the welfare of the aged in the areas encompassed by Banstead, Nork, Kingswood, Horley, Preston Estate, Tadworth, and Walton-on-Hill. The main activities include a visiting service, dissemination of information, provision of transport and a voluntary car scheme.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £4,771 for the year ended 31 March 2025, resulting in a decrease in total funds from £118,064 to £113,293. This deficit was attributed to the non-repetition of large one-off donations from the previous year and lower uptake of minibus activities, partially offset by reduced staff costs. The trustees maintain a reserves policy to hold sufficient funds for twelve months of operation, with unrestricted reserves currently standing at £110,524.
What the accounts disclose
“The Charity’s policy on reserves is to attempt to maintain sufficient funds to allow the funding of a deficit equivalent to twelve months operation.” — page 3
Register events
- Received assets from another charity (22/05/2020)
- Received assets from another charity (23/07/2015)
Trustees
- NICK PULSFORDchair
- COLIN VICTOR BATTY
- Christopher John Shaw
- Paul Jonathan Tickle
- RACHEL SANDRA TURNER
- Simon David Duke
- Tina Allison Nye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £84k | £88k |
| 31/03/2024 | £142k | £136k |
| 31/03/2023 | £68k | £74k |
| 31/03/2022 | £40k | £65k |
| 31/03/2021 | £33k | £67k |
Common questions
Is AGE CONCERN (BANSTEAD) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £4,771 for the year ended 31 March 2025, resulting in a decrease in total funds from £118,064 to £113,293. This deficit was attributed to the non-repetition of large one-off donations from the previous year and lower uptake of minibus activities, partially offset by reduced staff costs. The trustees maintain a reserves policy to hold sufficient funds for twelve months of operation, with unrestricted reserves currently standing at £110,524. Its FY2025 accounts were independently examined.