AGE CONCERN BUDE AND DISTRICT
Formed in 1977 with the object of promoting the welfare of the elderly within Bude, and the surrounding areas detailed in our constitution, in any manner that is or may become charitable. Currently that involves operating a subsidised hospital car scheme and a subsidised shopping scheme supported by income from donations and a charity shop.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £22,050 for the year ended March 2025, driven by increased driver costs and stable shop takings. Per the trustees' report, unrestricted reserves stood at £247,074, which exceeds their stated policy target of covering 1 to 2 years of activity costs (£100,000 to £200,000). The charity remains in a financially secure position with sufficient liquid assets to continue operations.
What the accounts disclose
“the trustees believe that our reserves should be sufficient to cover normal charitable activity costs for a period of 1 to 2 years - based on the results for the past year, this would be in the region of £100,000 to £200,000.” — page 5
Trustees
- Kevin Shane Colwillchair
- Albert Piper
- Clive Bowden
- Debra Jane Delvalle
- Elizabeth Priest
- Margaret Anne Wilsher
- Rachel Penn
- SHEILA JOYCE VOADEN
- Stephen Goodger
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £107k | £129k |
| 31/03/2024 | £89k | £113k |
| 31/03/2023 | £91k | £75k |
| 31/03/2022 | £48k | £46k |
| 31/03/2021 | £201k | £29k |
Common questions
Is AGE CONCERN BUDE AND DISTRICT financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £22,050 for the year ended March 2025, driven by increased driver costs and stable shop takings. Per the trustees' report, unrestricted reserves stood at £247,074, which exceeds their stated policy target of covering 1 to 2 years of activity costs (£100,000 to £200,000). The charity remains in a financially secure position with sufficient liquid assets to continue operations. Its FY2025 accounts were independently examined.