FRIENDS OF THE ELDERLY
The charity offers residential, nursing and dementia care to older people in care homes on seven sites across England. We operate day care centres and a free-to-access grants service for individuals, and work to combat the devastating effects of loneliness among older people. Our vision is for a society in which all older people have the opportunity to live fulfilled lives.
Financial health, per its FY2024 accounts
The accounts state that the charity reported an underlying operating deficit of £1.6m for the year ended 31 March 2024, driven by lower care home occupancy and inflationary cost pressures. However, the trustees confirm that free reserves of £2.2m, combined with £2.4m accessible from restricted Sir Thomas Lipton funds, provide sufficient resources to continue operations for at least 12 months from the approval of the statements.
What the accounts disclose
“£140,001 to £150,000” — page 50
“The number of staff whose emoluments (not including employer pension contributions) plus taxable benefits amounted to over £60,000 during the year were as follows: 2024 No. 10 1 3 1 1” — page 50
“Excluding this, general reserves are below the minimum target at the end of the year.”
“The overall provision of £9,000 (2023: £24,000) is the net present value of future deficit contributions payable to the schemes.”
Corporate structure
- Registered company of the charity Companies House 00133850
Company officers (Companies House)
- FLANAGAN, Stephen David on trustee list
- REES, Lindsay Anne on trustee list
- AVERY, Nicholas William James on trustee list
- HOUGHTON, Lee Anne on trustee list
- MAKINSON, Emily Jane Louise on trustee list
- DUNCAN, Craig Jeffrey on trustee list
- FOSTER, Paul Guy on trustee list
- BEECROFT, Martin Richard on trustee list
- DEACON, David John on trustee list
- HOGARTY, Louisa Clare on trustee list
- PROSSER, Sharon on trustee list
- MAIDMENT, Christopher John on trustee list
- SMITH, Susan Jane
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- The Lawn Residential Care Home: Requires improvement
- Orford House Residential Care Home: Good
- Redcot Residential Care Home: Good
- The Bernard Sunley Nursing and Dementia Care Home: Good
- Little Bramingham Farm Residential Care Home: Outstanding
- New Copford Place Residential Care Home: Good
Register events
- Received assets from another charity (20/06/2025)
- Received assets from another charity (31/07/2024)
- Received assets from another charity (10/10/2020)
Trustees
- Christopher John Maidmentchair
- Craig Jeffrey Duncan
- David John Deacon
- Emily Jane Louise Makinson
- Lee Houghton
- Lindsay Anne Rees
- Louisa Clare Hogarty
- Martin Richard Beecroft
- Nicholas William James Avery
- Paul Guy Foster
- Sharon Prosser
- Stephen David Flanagan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £22.0m | £22.5m |
| 31/03/2024 | £22.8m | £24.0m |
| 31/03/2023 | £21.8m | £22.6m |
| 31/03/2022 | £19.6m | £21.1m |
| 31/03/2021 | £20.3m | £22.2m |
Common questions
Is FRIENDS OF THE ELDERLY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an underlying operating deficit of £1.6m for the year ended 31 March 2024, driven by lower care home occupancy and inflationary cost pressures. However, the trustees confirm that free reserves of £2.2m, combined with £2.4m accessible from restricted Sir Thomas Lipton funds, provide sufficient resources to continue operations for at least 12 months from the approval of the statements. Its FY2024 accounts were audited by Saffery LLP.
What does the highest-paid employee of FRIENDS OF THE ELDERLY earn?
Per its FY2024 accounts, the highest-paid employee was in the £140,001 - £150,000 band, and 16 employees earned over £60,000.
Who funds FRIENDS OF THE ELDERLY?
Funders whose own accounts filings name FRIENDS OF THE ELDERLY as a grant recipient include THE BAND TRUST, THE OFENHEIM CHARITABLE TRUST, THE EDWARD GOSTLING FOUNDATION, THE BRITFORD BRIDGE TRUST, PILKINGTON CHARITIES FUND.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/07/2005 | £250k | Smiles Resource Centre |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FRANCIS WINHAM FOUNDATION | 2 | £61k |
| THE LAWSON TRUST CIO | 2 | £36k |
| THE JULIA RAUSING TRUST | 1 | £629k |
| THE MASTER CHARITABLE TRUST | 1 | £303k |
| JOHN LAING CHARITABLE TRUST | 1 | £288k |
| AGE UK | 1 | £126k |
| GOODNEWS EVANGELICAL MISSION | 1 | £100k |
| ZURICH COMMUNITY TRUST (UK) LIMITED | 1 | £76k |
Charities like this
- TOWER HAMLETS FRIENDS AND NEIGHBOURS
- AGE UK NORTHAMPTONSHIRE
- TIME TO TALK BEFRIENDING
- ABBEYFIELD NORTHUMBRIA
- RICHMOND HILL ELDERLY ACTION LIMITED
- ABBEYFIELD WEST WIGHT SOCIETY LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FRIENDS OF THE ELDERLY | £22.0m | £140,001 - £150,000 | 16 | below | — | no doubt |
| TOWER HAMLETS FRIENDS AND NEIGHBOURS | £190k | — | 0 | below | — | no doubt |
| AGE UK NORTHAMPTONSHIRE | £4.7m | — | — | unclear | — | no doubt |
| TIME TO TALK BEFRIENDING | £472k | — | 0 | unclear | — | no doubt |
| ABBEYFIELD NORTHUMBRIA | £4.7m | £70,001 - £80,000 | 1 | below | — | no doubt |
| RICHMOND HILL ELDERLY ACTION LIMITED | £227k | — | 0 | within | — | no doubt |