Finance Score: 6
Governance Score: 3
Support Score: 11
  • Good reserves management: +3
  • Fundraising costs low: +3
  • Dynamic board: +3
  • Grant maker support: +11
Overall GiG Score: 20 ?

OPEN AGE 

Open Age is a user led charity enabling older people to sustain their physical and mental well-being by providing over 350 low cost weekly physical, creative & mentally stimulating, learning,& health related activities in community venues. An employment programme supports un-employed people aged 50 and over into sustainable work, training and volunteering.
Analysis by Giving is Great

Positives:

  • Reserves management has been consistently within official guidelines
  • There have been no material income shortfalls in recent 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 dynamic in terms of composition

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£1,650£1,804£-154£47£1,230£7895.23687
31/03/22£1,445£1,513£-67£25£1,384£8937.13550
31/03/21£1,616£1,521£95£33£1,451£9077.23750
31/03/20£1,829£1,687£142£10£1,356£7675.537100
31/03/19£1,865£1,716£149£10£1,214£5183.639100
31/03/18£1,780£1,736£43£10£1,065£2972.1390
31/03/17£1,623£1,625£-2£12£1,022£2301.7340
31/03/16*£1,487£1,535£-48£9£1,024£1851.4260

Financial Ratios
Fundraising Costs/Relevant Income: 2.8%
Fundraising Costs/Total Spending: 2.6%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 15%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 64%
Reserves/Spending: 5.2 months
Net Current Assets/Spending: 4 months
Quick Ratio: 3.5
Asset Split ?
Established: 9 years

www.openage.org.uk

mail@openage.org.uk

02089624141

Charity Commission for England and WalesFacebookX
UN SDGs
?
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
  • Recreation
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Practical support, advice & companionship
How it operates
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides services
Where it operates
  • Brent, City Of Westminster, Hammersmith And Fulham, Kensington And Chelsea,
Who it helps
  • Elderly/Old People

Who's supporting them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years
City Bridge Trust£121,758
Henry Smith Charity£120,800
Masonic Trust£60,000
The Charity of Sir Richard Whittington£50,000
Imperial Health Charity£35,552
National Lottery Community Fund£19,125
Specific Donations
Amount When
Months
To be used for
City Bridge Trust - Grant to Open Age
£100,000 17/01/2023
24
£100,000 over two years (£50,000; £50,000) towards the general activities programme and outreach and support function, including contributions to the salaries and on-costs of the Physical Activity ....more
Sir Jules Thorn Charitable Trust - Open Age - 18/11/22
£2,500 20/12/2022
Core Funding
Dunhill Medical Trust - Lite Adapt Grow
£15,000 26/07/2022
Open Age research project
The Charity of Sir Richard Whittington - Grant to Open Age
£50,000 08/02/2022
The pandemic has intensified the challenges older adults endure. Open Age will run Arts & Culture activities to tackle loneliness, reintroduce hope, and improve wellbeing.
National Lottery Community Fund - Listen Adapt Grow - Supporting older people through Covid-19 and beyond
£10,000 21/01/2022
The funding will be used to carry out a user engagement survey and business review. The project aims to help the organisation to serve the needs of their service users more effectively responding to ....more
Henry Smith Charity - Grant to Open Age
£120,800 02/11/2021
36
towards three years' salary of a Project Coordinator to provide creative, social, physical and learning group activities for older people across West London.
Sir Jules Thorn Charitable Trust - Open Age - 20/09/21
£1,000 12/10/2021
Core Funding
Sport England - COVID19 Return to Play
£9,907 29/06/2021
3
Funding under Sport England's Return to Play - Small Grants funding programme for a Revenue project titled COVID19 Return to Play. This project is a Multi Sports project, with a focus on younger ....more
Imperial Health Charity - DigiALL Tri-borough NWL Project
£35,552 01/05/2021
COVID19 related funding. Opportunity to expand and embed the Digital Inclusion work of the voluntary sector across three boroughs within NWL (Westminster, K&C and H&F). This is part-funded ....more
Masonic Trust - MCF Large Grant
£60,000 24/02/2021
A grant supporting older men in west London through activities and social groups.
National Lottery Community Fund - Facemasks through Co-Design
£9,125 22/01/2021
12
The funding will be used to deliver a co-designed facemask project and safe mask awareness raising campaign in partnership with local community groups to support people from deprived backgrounds who ....more
City Bridge Trust - Grant to Open Age
£21,758 11/06/2020
£21,758 towards remaining costs of your project as outlined in your application
Mercer's Charitable Foundation - Grant to OPEN AGE
£49,576 30/04/2019
24
Older Londoners' Arts
Wolfson Foundation - Grant to Open Age
£25,000 05/12/2018
IT equipment for training older people
Wates Foundation - Open Age - The Second Half Centre 2018
£10,000 15/05/2018
To seek support for a programme of arts and creative arts group activities taking place at the Second Half Centre.
National Lottery Community Fund - Open Age (Development Grant)
£15,999 15/01/2014
3
Open Age (Development Grant)
National Lottery Community Fund - New Horizons
£78,486 15/03/2012
24
This project aims to help older people to remain fit, active and independent, reducing social isolation and encouraging new interests. Activities on offer include IT and language classes, arts and ....more
National Lottery Community Fund - Active Age
£198,346 08/11/2011
60
This project aims to provide health related activities and talks for older people to reduce loneliness and isolation, promote social inclusion and improve mental and physical wellbeing. The project ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed

Legal constitution
  • Charity registered in England & Wales on 23/01/2015, number: 1160125
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Other Regulators
  • Ofsted (Office For Standards In Education)
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • 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 conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
8 returns made; AR16: 1 days late,
Recent reorganisation events:
  • Asset transfer in from HAND IN HAND GROUP on 01/03/2023
Main office

Open Age
StCharles CentreforHealth&Wellbeing
Exmoor Street
LONDON
W10 6DZ

Objectives

1. TO ADVANCE EDUCATION AND PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE- TIME OCCUPATION FOR OLDER PEOPLE, AGED 50 OR OVER , PARTICULARLY THOSE RESIDENT IN THE ROYAL BOROUGH OF KENSINGTON AND CHELSEA , AND OTHER LONDON BOROUGHS 2. THE RELIEF OF UNEMPLOYMENT FOR THE BENEFIT OF THE PUBLIC IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT, TO THOSE OVER THE AGE OF 50, RESIDENT IN THE ROYAL BOROUGH OF KENSINGTON AND CHELSEA, AND OTHER LONDON BOROUGHS

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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