Finance Score: -3

Governance Score: 4

Support Score: 8

Spending declining: -1
Multiple Deficits and declines: -5
Fundraising costs low: +3

Narrow trustee age band: -2
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +8

Overall GiG Score: 9

AGE CONCERN ISLE OF WIGHT

With a focus on people in later life, Age Concern Isle of Wight provides information, advice and practical support to promote wellbeing, resilience and independence so that people can live in our Island community free from poverty, isolation and neglect.

Analysis by Giving is Great

Positives:

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 gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age
Over half the Board have joined recently

Financial issues to consider:

Spending is declining
Income has been volatile and on several occasions in recent years less than spending

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		£1,444	£1,798	£-354	£55	£1,215	£974	6.5	97	127
31/03/22		£2,232	£2,098	£134	£41	£1,569	£1,222	7	113	198
31/03/21		£2,651	£2,225	£426	£40	£1,435	£1,187	6.4	122	208
31/03/20		£2,550	£2,789	£-239	£42	£1,009	£841	3.6	134	197
31/03/19		£2,913	£2,842	£71	£35	£1,249	£710	3	131	200
31/03/18		£3,068	£2,683	£385	£31	£1,199	£647	2.9	113	0
31/03/17		£2,345	£2,378	£-33	£41	£814	£644	3.3	139	0
31/03/16		£2,398	£2,235	£163	£29	£847	£679	3.6	125	0
31/03/15		£1,219	£1,191	£29	£44	£682	£657	6.6	23	0
31/03/14		£1,188	£938	£251	£249	£654	£612	7.8	40	0
31/03/13	*	£815	£743	£72	£196	£403	£248	4	25	0
31/03/12	*	£797	£647	£150	£137	£331	£281	5.2	15	0
31/03/11		£452	£418	£35	£0	£0	£0	n/a	0	0
31/03/10	*	£427	£450	£-23	£0	£0	£0	n/a	0	0
31/03/09		£464	£430	£34	£0	£0	£0	n/a	0	0
31/03/08	*	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 3.9%
Fundraising Costs/Total Spending: 3.1%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 11%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 80%
Reserves/Spending: 6.5 months
Net Current Assets/Spending: 7 months
Quick Ratio: 15.4

Asset Split ?

Established: 17 years

www.ageukiw.org.uk

info@ageukiw.org.uk

01983525282

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
General Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

Services for the elderly

How it operates

Provides advocacy/advice/information
Provides human resources
Provides services

Where it operates

Isle Of Wight,

Who it helps

Elderly/Old People

Who works here?

97 employees
127 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

National Lottery Community Fund	£239,097
DCMS	£99,721
Dunhill Medical Trust	£10,800

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - Age Engaged
£229,097	24/03/2022	The project is using funding to create an Age Friendly Island (AFI) for older people across the Isle of Wight. The aim is to reach more older people in the community and help develop skills.
Dunhill Medical Trust - Financial management and financial sustainability
£10,800	21/01/2022 12	2021-22 Capabiltiy development scheme
DCMS - Coronavirus Community Support Fund
£99,721	19/08/2020	"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 ....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."
National Lottery Community Fund - Isle of Wight ShedFest
£10,000	03/03/2020 0	The organisation will raise awareness of the Men in Sheds projects on the Isle of Wight through a festival showcasing the groups, bringing people together and encouraging more people who are isolated ....more The organisation will raise awareness of the Men in Sheds projects on the Isle of Wight through a festival showcasing the groups, bringing people together and encouraging more people who are isolated to build relationships and receive support to improve their health and well-being.
National Lottery Community Fund - My Home is Your Home
£162,017	09/12/2015 36	This project will match older people with potential home-sharers including young people, key workers, weekly workforces, and older single or divorced people. It will work in partnership with IW ....more This project will match older people with potential home-sharers including young people, key workers, weekly workforces, and older single or divorced people. It will work in partnership with IW Council Housing and Adult Social Care Services, Isle Help advice hub, the clinical commissioning group-led 'My Life, A Full Life' initiative, member of the Ageing Better management group, People Matter IW, Carers IW.
National Lottery Community Fund - No Man (or Woman) is an Island
£5,725,414	30/07/2014 60	Not Available
National Lottery Community Fund - Age Concern Isle of Wight (Development Grant)
£20,000	15/01/2014 3	Age Concern Isle of Wight (Development Grant)
Nationwide Foundation - Grant to Age Concern Isle of Wight
£5,000	22/09/2011	Project run by volunteers which helps 100 older people suffering from financial exclusion and/or are struggling to live independently

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Age Range of Trustees: 66-74

CYRIL JOHN EDWARDS Appointed: 2023, Occupation: Retired

GEOFFREY FRANK READ (Chair) Appointed: 2022, Occupation: Retired

STEPHEN RICHARD DERRICK BAILEY Appointed: 2023, Occupation: Retired

WENDY YOUNG Appointed: 2023, Occupation: Retired

KAY ANN MARRIOTT Appointed: 2023, Occupation: Nurse, Other trusteeship: THE HIGH SHERIFFS' CRIMEBEAT AWARD (ISLE OF WIGHT),

LORRAINE CAROLE DENISE BUCKMAN Appointed: 2019, Occupation: Human Resources Consultant, Other trusteeship: THE ISLE OF WIGHT RAILWAY COMPANY LIMITED,

Legal constitution

Charitable company registered in England & Wales on 05/04/2007, number: 1118711
Registered at Companies House on 18/01/2007, number: 06057797

Gift Aid

Registered with HMRC for Gift Aid

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

16 returns made; AR13: 23 days late, AR12: 52 days late, AR10: 15 days late, AR08: 1 days late,

Main office

147 High Street
NEWPORT
ISLE OF WIGHT
PO30 1TY

Objectives

The objects of the Charity are to promote the following purposes for the benefit of the public and/or older people within the Isle of Wight:preventing or relieving the poverty of older people;advancing education;preventing or relieving sickness, disease or suffering (whether emotional, mental or physical);promoting equality and diversity;promoting the human rights of older people in accordance with the Universal Declaration of Human Rights;assisting older people in need by reason of ill-health, social exclusion or other disadvantage; andsuch other charitable purposes for the benefit of older people as the Directors from time to time decide;the outcome of this being the promotion of the well-being of older people.Nothing in these Articles shall authorise an application of the Charity's property for purposes which are not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and/or section 2 of the Charities Act (Northern Ireland) 2008.

Defined Area of Benefit:

IN AND AROUND THE ISLE OF WIGHT.

Data Sources