Finance Score: 3
Governance Score: 9
Support Score: 13
  • Low unrestricted reserves: -2
  • Strong growth: +2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Large volunteer base +3
  • Overall weighted support: +10
Overall GiG Score: 25 ?

AGE WELL EAST LTD

Services for the general public and / or older people living in Essex and Suffolk. The services offered are: advice and support with claiming benefits, care, consumer, energy, advocacy and information: social clubs and friendship activity: mental health support, emotional support, end of life, bereavement and dementia support.
Analysis by Giving is Great

Positives:

  • This charity has been successful in attracting volunteers relative to its size
  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£1,328£1,209£119£10£275£1571.634451
31/03/22£776£772£4£0£156£1462.333361
31/03/21£516£468£48£0£152£1333.426350
31/03/20£332£317£14n/an/an/an/an/an/a
31/03/19£257£203£54n/an/an/an/an/an/a
31/03/18£116£116£0n/an/an/an/an/an/a
31/03/17£99£110£-11n/an/an/an/an/an/a
31/03/16*£83£116£-33n/an/an/an/an/an/a
31/03/15£117£109£8n/an/an/an/an/an/a
31/03/14£118£120£-2n/an/an/an/an/an/a
31/03/13£176£378£-202n/an/an/an/an/an/a
31/03/12£140£216£-76n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0.8%
Fundraising Costs/Total Spending: 0.9%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 65%
Liabilities/Income: 39%
Unrestricted Funds/Total Funds: 57%
Reserves/Spending: 1.6 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.3
Asset Split ?
Balance Sheet History
Established: 13 years

https://www.agewelleast.org.uk

enquiries@agewelleast.org.uk

03003733333

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • Economic/Community Development/Employment
  • Education/Training
  • General Charitable Purposes
  • Human Rights/Religious Or Racial Harmony/Equality Or Diversity
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Practical support, advice & companionship
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Essex, Suffolk,
Who it helps
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
Essex Community Foundation£135,615
Tudor Trust£105,000
Masonic Trust£60,000
National Lottery Community Fund£59,681
Garfield Weston Foundation£55,000
DCMS£37,419
Ministry of Defence£35,000
The Clothworkers Foundation£15,000
Specific Donations
Amount When
Months
To be used for
Rank Foundation - Col Small Grant Age Well East 2023
£5,000 27/04/2023
Age Well East received a Cost of Living Small Grant to help cover training and transport costs for Volunteers.
Essex Community Foundation - Grant to Age Well East
£2,500 14/12/2022
towards the cost of running a warm hub for over 50's in Witham
Masonic Trust - MCF Large Grant
£60,000 21/09/2022
Holistic Advice and Welfare support to those aged 60+ who are socially disadvantaged and/or living with long term health conditions and disabilities, experiencing hardships that obstruct social connection and community engagement.
The MSE Charity - Grant to Age Well East Ltd
£5,549 15/09/2022
Cost of Living Crisis Support- Funding a Welfare Advisor 6 hours per week for 1 year to deliver one to one support to over 60 vulnerable people and their carers aged over 60.
Essex Community Foundation - Grant to Age Well East
£2,000 14/06/2022
To support dementia cafes across Colchester to improve mental heath and wellbeing of those living with dementia and their families
Essex Community Foundation - Grant to Age Well East
£20,000 07/04/2022
towards the core costs of an organisation supporting the health and wellbeing of older people across Essex
Garfield Weston Foundation - Multi-Year Grant (3 Years) award
£30,000 04/04/2022
36
Core costs
National Lottery Community Fund - A Jubilee Legacy for North East Essex
£49,987 03/03/2022
The project will use the funding for intergenerational activities across North East Essex. This includes creating a memory bank arts and crafts sessions with local schools and groups and celebratory events for the Queen's Platinum Jubilee. This aims ....more
Sir Jules Thorn Charitable Trust - Age Well East Ltd - 07/01/22
£1,500 27/01/2022
Core Funding
Tudor Trust - Grant to Age Well East
£105,000 05/11/2021
36
over three years towards the running costs of an emotional support service provided by a charity supporting older people in North East Essex
Essex Community Foundation - Grant to Age Well East
£5,000 04/11/2021
To help develop HR best practices for a growing organisation
Essex Community Foundation - Grant to Age Well East
£20,000 04/11/2021
to help support the core costs of a community-based advice service for older people impacted by the pandemic
Essex Community Foundation - Grant to Age Well East
£5,000 08/07/2021
to support pop-up dementia cafes across Colchester and Tendring to aid the mental heath and wellbeing of carers
Sport England - TGC CF Walking with Confidence
£8,004 23/06/2021
12
The project will provide 4 guided walking groups per week, for 48 weeks. The project seeks to reach elderly people and address inactivity caused by the pandemic. The walking groups will specifically aim to address issues of a lack of confidence in ....more
Essex Community Foundation - Grant to Age Well East
£1,444 09/06/2021
to support pop-up dementia cafes in Colchester to aid the mental heath and wellbeing of carers
Essex Community Foundation - Grant to Age Concern Colchester & North East Essex
£14,928 25/03/2021
to continue support and advice for elderly people by traditional face to face and adapted methods of delivery according to pandemic restrictions
National Lottery Community Fund - Complex Advice to people in later years
£9,694 19/03/2021
12
The funding will be used to employ a complex case advisor for elderly people experiencing increased disadvantage due to the pandemic. The project aims to provide information and advice to improve welfare.
Essex Community Foundation - Grant to Age Concern Colchester & North East Essex
£9,743 18/03/2021
to promote digital access to older people as part of a befriending service to reduce loneliness and social-isolation
Ministry of Defence - Covenant Fund
£35,000 12/02/2021
Address social isolation by targeting specific groups within the Armed Forces community who are traditionally harder to reach.
Essex Community Foundation - Grant to Age Concern Colchester & North East Essex
£40,000 06/10/2020
to enable their daycentre to reopen safely and to continue befriending and welfare support experiencing high demand for vulnerable older people during COVID19, in North East Essex.
DCMS - Coronavirus Community Support Fund
£37,419 05/08/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public ....more
Essex Community Foundation - Grant to Age Concern Colchester & North East Essex
£15,000 09/04/2020
for additional capacity in bereavement and befriending services supporting older people in North East Essex during the COVID19 pandemic
Garfield Weston Foundation - Main Grants award
£25,000 21/02/2020
Advice Service North East Essex
The Clothworkers Foundation - Grant to Age Concern Colchester & North East Essex
£15,000 04/02/2020
renovation of a building and garden for a charity which works with older people in Essex
Essex Community Foundation - Core Costs for our Befriending Coordinator
£12,518 12/04/2019
11
To support and extend a befriending scheme across Colchester, Tendring and Witham
National Lottery Community Fund - The Veranda @ Age Concern Colchester
£10,000 14/03/2019
12
The organisation will use funding to provide a befriending service and connect socially isolated people with a befriender to remove barriers and develop friendships. This will enable improvement in their health and wellbeing.
Masonic Trust - MCF Small Grant
£3,000 22/10/2018
Unrestricted core funding for small charities
Garfield Weston Foundation - Main Grants award
£10,000 17/09/2018
Welfare Support
Lloyds Bank Foundation - Grant to Age UK Colchester
£30,000 29/05/2014
The charity provides support to older people. Its befriending service will reduce isolation and loneliness for older people including those with dementia and improve their well being.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)
Current Trustees appointed
Gender Split
Based on 6/7 persons

Age Range of Trustees: 38-79
  • COLIN NELSON BENNETT Appointed: 2016, Occupation: Stockbroker
  • CHRIS ANDREWS Appointed: 2017, Occupation: Solicitor
  • EDDIE BLOOMFIELD Appointed: 2011, Occupation: None
  • EMMA LOUISE LYNN MCCULLAGH Appointed: 2023, Occupation: Occupational Therapist
  • NICHOLAS WILLIAM JAMES AVERY Appointed: 2020, Occupation: Accountant
  • SARAH WHITE Appointed: 2022, Occupation: Solicitor
  • TRIBHUWAN PRASAD BIDYASAGAR SINGH Appointed: 2021, Occupation: Retired
Legal constitution
  • Charitable company registered in England & Wales on 15/06/2011, number: 1142414
  • Registered at Companies House on 04/02/2011, number: 07517777
Gift Aid
  • Registered with HMRC for Gift Aid
Fundraising Regulator
First registered: 06/28/2019, current status: Small charity
Event History
Policies in force
  • Complaints handling
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
12 returns made; AR16: 2 days late,
Main office

63 North Hill
Colchester
Essex
CO11PX

Objectives

4 ObjectsThe Objects for which the Charity (the Objects) is established and to which it is specifically restricted are to promote the following purposes for the benefit of thepublic and/or older people in and around the Counties of Suffolk and Essex (the area of benefit):4.1 preventing or relieving the poverty of the public and/or older people;4.2 advancing education; 4.3 preventing or relieving sickness, disease or suffering of the public and/or older people (whether emotional, mental or physical);4.4 promoting equality and diversity;4.5 promoting the human rights of the public and/or older people in accordance with the universal declaration of human rights;4.6 assisting the public and/or older people in need by reason of ill-health, disability, financial hardship, social exclusion or other disadvantage; and4.7 such other charitable purposes for the benefit of the public and/or older people as the Trustees may from time to time decide;the outcome of this being the promotion of the well-being of the public and/or older people.

Data Sources

Charity Commission for England and Wales
360 Giving
Charizone

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great