THE ROYAL UNITED KINGDOM BENEFICENT ASSOCIATION
Our mission is to enable older people to lead independent and fulfilling lives. We do this by providing high quality advice & information services, befriending & support services and campaigning work on behalf of older people.
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating deficit of £7.1 million for the year ended 31 December 2024, driven by increased grant-making and fundraising investment. However, strong investment gains of £15.1 million resulted in an overall surplus of £8.0 million, increasing total funds to £174.5 million. The trustees maintain a general fund of £10.0 million, which aligns with their policy of holding one year’s unrestricted expenditure, and have designated substantial reserves to support future grants and fundraising growth.
What the accounts disclose
“The trustees therefore consider that a general fund (free reserves) equivalent to one year’s unrestricted expenditure – other than the amount funded by the endowments and restricted funds – is required to protect the activity of the charity.”
“The charity has a wholly owned trading subsidiary, Independent Age Enterprises Limited (IAE Ltd) (company number 04735201). The company is used to transact non-charitable activities.”
Funders the charity credits
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (17/06/2026)
- Received assets from another charity (05/12/2024)
Trustees
- Guillermo Pablo Donadini
- Helena Rebecca Herklots
- Joan Elliott
- Joshua Greenspan
- Julia Shelley
- Kate Cavelle
- Mary Bernadette O'Hagan
- Peter Mobbs
- Professor Caroline Glendinning
- Richard Anderson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £8.2m | £15.3m |
| 31/12/2023 | £7.6m | £12.6m |
| 31/12/2022 | £7.8m | £13.4m |
| 31/12/2021 | £7.3m | £12.5m |
| 31/12/2020 | £8.7m | £16.6m |
Common questions
Is THE ROYAL UNITED KINGDOM BENEFICENT ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an operating deficit of £7.1 million for the year ended 31 December 2024, driven by increased grant-making and fundraising investment. However, strong investment gains of £15.1 million resulted in an overall surplus of £8.0 million, increasing total funds to £174.5 million. The trustees maintain a general fund of £10.0 million, which aligns with their policy of holding one year’s unrestricted expenditure, and have designated substantial reserves to support future grants and fundraising growth. Its FY2024 accounts were audited by RSM UK AUDIT LLP.
Who funds THE ROYAL UNITED KINGDOM BENEFICENT ASSOCIATION?
Funders whose own accounts filings name THE ROYAL UNITED KINGDOM BENEFICENT ASSOCIATION as a grant recipient include THE JULIA RAUSING TRUST, THE MASTER CHARITABLE TRUST, JOHN LAING CHARITABLE TRUST, PETER DIXON CHARITABLE TRUST, Z V M RANGOONWALA FOUNDATION.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 11/12/2025 | £2k | Grant to The Royal United Kingdom Beneficent Association (RUKBA) |
| Community Foundation North East | 14/11/2024 | £2k | Grant to The Royal United Kingdom Beneficent Association (RUKBA) |
| Community Foundation North East | 19/01/2023 | £2k | Grant to The Royal United Kingdom Beneficent Association (RUKBA) |
| UK government | 02/01/2019 | £44k | Building Connections Fund |
| The National Lottery Community Fund | 04/12/2018 | £56k | The Campaign to End Loneliness's Relationships and Resilience Project |
| Community Foundation North East | 09/04/2018 | £2k | Towards running costs |
| Community Foundation North East | 01/09/2017 | £2k | General donation towards running costs |
| The National Lottery Community Fund | 21/12/2016 | £2.6m | Campaign to End Loneliness |
| Community Foundation North East | 12/09/2016 | £2k | General Donation |
| The National Lottery Community Fund | 25/01/2016 | £50k | Campaign to End Loneliness development |
| Community Foundation North East | 15/09/2015 | £2k | General donation |
| Calouste Gulbenkian Foundation, UK Branch | 14/11/2013 | £45k | Independent Age |
| Calouste Gulbenkian Foundation, UK Branch | 14/11/2013 | £75k | Independent Age |
| The National Lottery Community Fund | 12/08/2010 | £5k | Silence Isn't Golden South Wales |
| The National Lottery Community Fund | 14/06/2006 | £5k | Compassionate Leave |
| The National Lottery Community Fund | 21/04/2006 | £1k | Presentation equipment |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AGE UK | 4 | £22.7m |
| THE TULA TRUST LIMITED | 2 | £11k |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | 2 | £5k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 2 | £4k |
| THE SIR EDWARD LEWIS FOUNDATION | 2 | £3k |
| THE ANCASTER TRUST | 2 | £500 |
| THE MILLENNIUM OAK TRUST | 1 | — |
| VODAFONE FOUNDATION | 1 | — |
Charities like this
- AGE UK NORTHAMPTONSHIRE
- AGE UK CROYDON
- AGE UK SOMERSET
- AGE UK
- AGE CONCERN KINGSTON UPON THAMES
- FRIENDS OF THE ELDERLY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL UNITED KINGDOM BENEFICENT ASSOCIATION | £8.2m | — | — | within | — | no doubt |
| AGE UK NORTHAMPTONSHIRE | £4.7m | — | — | unclear | — | no doubt |
| AGE UK CROYDON | £2.6m | — | — | above | — | no doubt |
| AGE UK SOMERSET | £948k | Over £60,000 | 1 | unclear | — | no doubt |
| AGE UK | £131.8m | £280,001 - £290,000 | — | within | — | no doubt |
| AGE CONCERN KINGSTON UPON THAMES | £2.2m | — | — | unclear | — | no doubt |