FRIENDS OF THE ELDERLY

Registered charity 226064 · accounts filings on the Charity Commission register

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.

Causes: The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£22.0m
Latest spending
£22.5m
Registered
1964
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £140,001 - £150,000 — above the median for charities its size (£130k)
“£140,001 to £150,000” — page 50
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 16
“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
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £2.2m; policy: between £3.0m and £4.35m)
“Excluding this, general reserves are below the minimum target at the end of the year.”
Per its FY2024 accounts as filed with the Charity Commission.
Pension scheme deficit: £9k
“The overall provision of £9,000 (2023: £24,000) is the net present value of future deficit contributions payable to the schemes.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 6 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — Friends Of The Elderly (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

14 registered titles in England and Wales held by the charity’s company or corporate body (10 freehold); recorded price paid £293k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: Friends of the Elderly — Registered, 23 registered locations, 3 regulated activities, last inspected 04/08/2023.charity number confirmed by CQC CQC record

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/03/2025)

Total income
£22.0m
Total spending
£22.5m
Cost of raising funds
£502k
Reserves (reported)
£3.3m
Employees
451

Reported reserves equal ~1.7 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 2.3% of total income — below the median for charities its size (3.8%) (benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE BAND TRUSTFY2022£260kSpecific grantee
THE BAND TRUSTFY2024£30kElderly
THE OFENHEIM CHARITABLE TRUSTFY2022£24k
THE OFENHEIM CHARITABLE TRUSTFY2023£12k
THE OFENHEIM CHARITABLE TRUSTFY2025£12k
THE EDWARD GOSTLING FOUNDATIONFY2022£10k
THE BAND TRUSTFY2022£10kSpecific grantee
THE BRITFORD BRIDGE TRUSTFY2022£10kSecondary - The relief of those in need, by reason of youth, age, ill-health, disability, financial hardship or other disadvantage
THE BAND TRUSTFY2023£10kElderly
THE BRITFORD BRIDGE TRUSTFY2023£10kPrimary
PILKINGTON CHARITIES FUNDFY2022£8k
HYDE PARK PLACE ESTATE CHARITYFY2024£6k
HYDE PARK PLACE ESTATE CHARITYFY2025£6k
THE EQUILIBRIUM FOUNDATIONFY2023£6kGrant service for essentials
SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATIONFY2025£6k
THE EQUILIBRIUM FOUNDATIONFY2024£5kSupporting older people living in poverty (heating costs, boiler repairs, mattress)
RJ AND AH DANIELS CHARITABLE TRUSTFY2024£5k
PILKINGTON CHARITIES FUNDFY2023£5k
LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND)FY2021£5kWelfare
THE BROTHERS TRUSTFY2025£5kFunded their Christmas celebrations
PILKINGTON CHARITIES FUNDFY2025£4k
GOWLING WLG (UK) CHARITABLE TRUSTFY2022£3k
THE MARY ROBERTSON TRUSTFY2022£3k
THE JENOUR FOUNDATIONFY2022£2k
THE MARY ROBERTSON TRUSTFY2025£2k
THE MARY ROBERTSON TRUSTFY2024£2k
THE TULA TRUST LIMITEDFY2024£2k
THE JENOUR FOUNDATIONFY2023£2k
THE TULA TRUST LIMITEDFY2022£2k
THE MARY ROBERTSON TRUSTFY2023£2k
THE TULA TRUST LIMITEDFY2023£2k
THE WALTER GUINNESS CHARITABLE TRUSTFY2022£2kfor work in Wiltshire
HYDE PARK PLACE ESTATE CHARITYFY2022£2k
THE WILLIAM ALLEN YOUNG CHARITABLE TRUSTFY2024£2k
CHARLES S FRENCH CHARITABLE TRUSTFY2023£2k
HYDE PARK PLACE ESTATE CHARITYFY2023£2kProviding relief for those in need or sickness and the advancement of life
THE SIR EDWARD LEWIS FOUNDATIONFY2022£1kSupport for older people
THE WILLIAM ALLEN YOUNG CHARITABLE TRUSTFY2023£1k
THE HOBSON CHARITY LIMITEDFY2024£1kElderly
JOHN SWIRE 1989 CHARITABLE TRUSTFY2021£1k
GOWLING WLG (UK) CHARITABLE TRUSTFY2023£500
THE CHANDRIS FOUNDATIONFY2022£500Other Charities
THE CHANDRIS FOUNDATIONFY2021£500Other Charities
THE ANCASTER TRUSTFY2023£300
THE EQUILIBRIUM FOUNDATIONFY2025—Supporting older people living in difficult circumstances
THE EQUILIBRIUM FOUNDATIONFY2022—help 12 older people who were struggling to cope
THE JENOUR FOUNDATIONFY2026—

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund05/07/2005£250kSmiles Resource Centre

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with TOWER HAMLETS FRIENDS AND NEIGHBOURS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
FRIENDS OF THE ELDERLY£22.0m£140,001 - £150,00016below—no doubt
TOWER HAMLETS FRIENDS AND NEIGHBOURS FY2025£190k—0below—no doubt
AGE UK NORTHAMPTONSHIRE FY2025£4.7m——unclear—no doubt
TIME TO TALK BEFRIENDING FY2025£472k—0unclear—no doubt
ABBEYFIELD NORTHUMBRIA FY2025£4.7m£70,001 - £80,0001below—no doubt
RICHMOND HILL ELDERLY ACTION LIMITED FY2025£227k—0within—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.