Finance Score: -2

Governance Score: 3

Support Score: 7

Liabilities <10%: +3
Fundraising costs high: -5

Gender balanced board: +3

Grant maker support: +7

Overall GiG Score: 8

AGE UK MILTON KEYNES

Age UK Milton Keynes is a charity working with and for older people in the Borough of Milton Keynes to make a real and positive difference that contributes to their wellbeing and quality of life.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There have been no material income shortfalls in recent years
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 gender

Financial issues to consider:

Fundraising costs are extremely high relative to funds raised

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		£2,695	£2,638	£58	£972	£2,051	£1,729	7.9	145	400
31/03/22		£2,324	£2,263	£61	£930	£1,994	£1,747	9.3	68	396
31/03/21		£2,556	£2,218	£338	£860	£1,932	£1,605	8.7	150	400
31/03/20		£2,356	£2,458	£-101	£925	£1,594	£1,315	6.4	63	405
31/03/19		£2,347	£2,429	£-82	£893	£1,696	£1,449	7.2	65	441
31/03/18		£2,099	£2,293	£-194	£840	£1,778	£1,490	7.8	66	0
31/03/17		£2,217	£2,394	£-177	£848	£1,972	£1,634	8.2	69	0
31/03/16	*	£2,223	£2,302	£-79	£805	£2,149	£1,814	9.5	77	0
31/03/15		£2,340	£2,486	£-146	£838	£2,238	£1,875	9.1	69	0
31/03/14		£2,362	£2,454	£-93	£866	£2,384	£1,907	9.3	74	0
31/03/13		£2,745	£2,852	£-107	£840	£2,476	£1,853	7.8	75	0
31/03/12		£3,051	£2,986	£65	£864	£2,583	£1,864	7.5	81	0
31/03/11		£2,955	£3,183	£-227	£972	£2,519	£1,902	7.2	100	0
31/03/10		£3,057	£3,127	£-70	£839	£2,746	£2,176	8.4	98	0
31/03/09		£2,796	£2,699	£97	£757	£2,816	£2,278	10.1	99	0
31/03/08		£2,729	£2,581	£147	£751	£2,719	£2,177	10.1	85	0
31/03/07	*	£2,750	£2,387	£363	£659	£2,572	£2,043	10.3	80	0
31/03/06	*	£2,464	£1,996	£468	£0	£0	£0	n/a	0	0
31/03/05	*	£2,261	£1,760	£501	£0	£0	£0	n/a	0	0
31/03/04	*	£1,737	£1,562	£175	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 68.6%
Fundraising Costs/Total Spending: 36.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 8%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 84%
Reserves/Spending: 7.9 months
Net Current Assets/Spending: 5 months
Quick Ratio: 5.2

Asset Split ?

Established: 24 years

www.ageukmiltonkeynes.org.uk

info@ageukmiltonkeynes.org.uk

01908550700

Charity Commission for England and Wales

Listed activities

General Charitable Purposes

GiG Classification

Services for people with disabilities

How it operates

Acts as an umbrella or resource body
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Milton Keynes,

Who it helps

Elderly/Old People
Other Charities Or Voluntary Bodies

Who works here?

145 employees
400 volunteers

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

DCMS	£69,263
The Clothworkers Foundation	£49,500
Garfield Weston Foundation	£20,000

Specific Donations

Amount	When Months	To be used for
The Clothworkers Foundation - Grant to Age UK Milton Keynes
£4,500	30/11/2022	Grant uplift 'Cost of Living crisis': refurbishment of buiding for a charity supporting older people in Buckinghamshire
The Clothworkers Foundation - Grant to Age UK Milton Keynes
£45,000	24/05/2022	refurbishment of buiding for a charity supporting older people in Buckinghamshire
Garfield Weston Foundation - Main Grants award
£20,000	18/03/2022	Independent Living Service
DCMS - Coronavirus Community Support Fund
£69,263	09/10/2020	"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 ....more "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 services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
Sport England - Active Ageing Project
£65,119	13/09/2018 37	Funding under Sport England's Active Ageing funding programme for a Revenue project titled Active Ageing Project. This project is a Multi-Skill Coaching project, with a focus on older beneficiaries.
Sport England - Active Ageing Project
£6,845	29/09/2017 37	Funding under Sport England's Active Ageing Fund funding programme for a Revenue project titled Active Ageing Project. This project is a Multi-Skill Coaching project, with a focus on older ....more Funding under Sport England's Active Ageing Fund funding programme for a Revenue project titled Active Ageing Project. This project is a Multi-Skill Coaching project, with a focus on older beneficiaries.

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: 58-80

CHRISTOPHER KINGSFORD Appointed: 2022, Occupation: Sales Director

GARY JOHN BAXTER Appointed: 2023, Occupation: General Manager

JAN MCMEEKIN Appointed: 2017, Occupation: Sales Director

MARIA DIOLINDA LANG Appointed: 2020, Occupation: Retired

JANET DEELEY Appointed: 2017, Occupation: Retired

JOHN DAVID GOODMAN Appointed: 2012, Occupation: Engineer

SUSAN JOY GRAHAM (Chair) Appointed: 2009, Occupation: Retired

Legal constitution

Charitable company registered in England & Wales on 09/03/2000, number: 1079773
Registered at Companies House on 20/12/1999, number: 03897291

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Financial Conduct Authority

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
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

20 returns made; AR16: 1 days late, AR07: 1 days late, AR06: 2 days late, AR05: 29 days late, AR04: 2 days late,

Recent reorganisation events:

Asset transfer in from THE DEGA PROJECT on 23/08/2023

Main office

THE PEARTREE CENTRE
1 CHADDS LANE
PEARTREE BRIDGE
MILTON KEYNES
MK6 3EB

Objectives

TO PROMOTE THE RELIEF OF ELDERLY PEOPLE IN ANY MANNER WHICH NOW OR HEREAFTER MAY BE DEEMED BY LAW TO BE CHARITABLE IN AND AROUND MILTON KEYNES.

Defined Area of Benefit:

MILTON KEYNES

Data Sources