CENTRE FOR AGEING BETTER LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net deficit of £4,835,941 for the year, reducing its total net assets from £30,064,874 to £25,228,843. Per the trustees' report, the charity is well-placed to manage its risks and has adequate resources to continue in operational existence, with no material uncertainties identified regarding going concern. The organization is currently spending down its National Lottery endowment, which is due to be fully expended by January 2030.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 08838490
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alexia Clifford
- Cathy Garner
- Daniel Oppenheimer
- Elizabeth Jane Ericson
- Fiona Johnson
- Holly Butcher
- John Godfrey
- Julia Owen
- Professor Dame Carol Black
- Steven Butler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £864k | £6.4m |
| 31/03/2024 | £838k | £6.7m |
| 31/03/2023 | £1.1m | £5.4m |
| 31/03/2022 | £1.2m | £6.2m |
| 31/03/2021 | £897k | £6.9m |
Common questions
Is CENTRE FOR AGEING BETTER LIMITED financially healthy?
The accounts state that the charity incurred a net deficit of £4,835,941 for the year, reducing its total net assets from £30,064,874 to £25,228,843. Per the trustees' report, the charity is well-placed to manage its risks and has adequate resources to continue in operational existence, with no material uncertainties identified regarding going concern. The organization is currently spending down its National Lottery endowment, which is due to be fully expended by January 2030. Its FY2024 accounts were audited by Sayer Vincent LLP.
Who funds CENTRE FOR AGEING BETTER LIMITED?
Funders whose own accounts filings name CENTRE FOR AGEING BETTER LIMITED as a grant recipient include Vivensa Foundation.
Known funders
| Funder | Year | Amount |
|---|---|---|
| Vivensa Foundation | FY2024 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LAWSON TRUST CIO | 2 | £13k |
| VODAFONE FOUNDATION | 1 | — |
| AGE UK | 1 | £22.4m |
| THE MASTER CHARITABLE TRUST | 1 | £2.7m |
| Rothesay Foundation | 1 | £2.3m |
| Founders Pledge Ltd | 1 | £1.1m |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £400k |
| FRIENDS OF WIZNITZ LIMITED | 1 | £335k |