CENTRE FOR AGEING BETTER TRUST
THE CENTRE FOR AGEING BETTER AIMS TO HELP PEOPLE HAVE A BETTER LATER LIFE BY APPLYING EVIDENCE OF WHAT WORKS & DRIVING CHANGE IN LINE WITH THIS EVIDENCE. WE HAVE A CLEAR UNDERSTANDING FROM THE EVIDENCE OF WHAT PEOPLE WANT FOR A BETTER LATER LIFE & A CLEAR ANALYTIC OF WHERE CHANGE IS NEEDED TO MAKE THIS POSSIBLE IN KEY DOMAINS OF BETTER HEALTH, BETTER FINANCES, BETTER RELATIONSHIPS & BETTER PLACES.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £5,126,329 for the year, reducing its total net assets from £25,026,870 to £19,900,541. The trustees report that the charity has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future. The charity holds £19,900,541 in unrestricted funds, of which £10.2 million is designated for future fundraising matches, final year operations, and potential closure costs.
What the accounts disclose
“In the year, we commissioned a consortium lead, by the Institute for Employment Studies (IES) to carry out ongoing evaluation of the age-friendly employer pledge and the good recruitment for older workers projects. The contract value is £329,954.40 with £69,991 invoiced in the year. Professor Dame Carol Black GBE, Trustee, is also a board member of IES.” — page 39
“Annual membership subscription was purchased from Carers UK to the value of £600. Margaret Dangoor, Trustee (resigned 1 August 2024), is also a Trustee at Carers UK.” — page 39
“In the year, we commissioned a consortium lead, by the Institute for Employment Studies (IES) to carry out ongoing evaluation of the age-friendly employer pledge and the good recruitment for older workers projects. The contract value is £329,954.40 with £69,991 invoiced in the year. Professor Dame Carol Black GBE, Trustee, is also a board member of IES.” — page 39
“Annual membership subscription was purchased from Carers UK to the value of £600. Margaret Dangoor, Trustee (resigned 1 August 2024), is also a Trustee at Carers UK.” — page 39
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CENTRE FOR AGEING BETTER LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £861k | £6.3m |
| 31/03/2024 | £733k | £6.6m |
| 31/03/2023 | £671k | £4.9m |
| 31/03/2022 | £615k | £5.7m |
| 31/03/2021 | £557k | £6.6m |
Common questions
Is CENTRE FOR AGEING BETTER TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £5,126,329 for the year, reducing its total net assets from £25,026,870 to £19,900,541. The trustees report that the charity has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future. The charity holds £19,900,541 in unrestricted funds, of which £10.2 million is designated for future fundraising matches, final year operations, and potential closure costs. Its FY2025 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JULIA RAUSING TRUST | 1 | £629k |
| THE MASTER CHARITABLE TRUST | 1 | £303k |
| JOHN LAING CHARITABLE TRUST | 1 | £288k |
| AGE UK | 1 | £126k |
| COLUMBIA THREADNEEDLE FOUNDATION | 1 | £60k |
| PETER DIXON CHARITABLE TRUST | 1 | £50k |
| Z V M RANGOONWALA FOUNDATION | 1 | £40k |
| BACK ON THE MAP LIMITED | 1 | £31k |
Charities like this
- CENTRE FOR AGEING BETTER LIMITED
- THE CENTRE FOR BETTER HEALTH LTD
- THE ROYAL UNITED KINGDOM BENEFICENT ASSOCIATION
- AGE UK DONCASTER
- AGE UK NORTHAMPTONSHIRE
- THE MILLER CENTRE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CENTRE FOR AGEING BETTER TRUST | £861k | — | — | unclear | — | no doubt |
| CENTRE FOR AGEING BETTER LIMITED | £864k | — | — | unclear | — | no doubt |
| THE CENTRE FOR BETTER HEALTH LTD | £649k | £60,001 - £70,000 | 1 | below | — | no doubt |
| THE ROYAL UNITED KINGDOM BENEFICENT ASSOCIATION | £8.2m | — | — | within | — | no doubt |
| AGE UK DONCASTER | £1.6m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| AGE UK NORTHAMPTONSHIRE | £4.7m | — | — | unclear | — | no doubt |