Overall GiG Score: 15 ?
Finance Score: 1
Governance Score: 9
Support Score: 5
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +5

FRIENDS OF THE ELDERLY 

The charity offers residential, nursing and dementia care to older people in care homes on nine sites across England. We operate day care centres and a free-to-access grants service for individuals, and work to combat the devastating effects of loneliness among older people. Our vision is for a society in which all older people have the opportunity to live fulfilled lives.
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 age and gender and dynamic in terms of composition

Financial issues to consider:

  • On several occasions in recent years income has been less than spending
Established: 60 years
(110 years as a company)

www.fote.org.uk

enquiries@fote.org.uk

02077308263

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?

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£21,841£22,632£-791£266£38,393£22,73412.148211
31/03/22£19,648£21,113£-1,465£246£40,067£22,24912.64862
31/03/21£20,341£22,221£-1,880£208£39,977£21,65111.754860
31/03/20£23,159£22,306£853£210£38,711£22,49312.1590130
31/03/19£22,933£23,819£-886£246£39,135£21,7871169635
31/03/18£26,290£26,941£-651£311£39,361£22,1989.98960
31/03/17*£28,801£26,247£2,554£365£40,332£22,88110.59150
31/03/16£25,336£25,197£139£555£36,733£24,25911.69510
31/03/15£23,451£25,474£-2,022£704£34,317£21,61710.25770
31/03/14£22,997£24,000£-1,004£574£32,340£24,80212.49380
31/03/13?*£29,220£30,846£-1,626£792£32,724£25,1599.88090
30/09/11£16,934£16,983£-49£421£31,697£25,13717.86430
30/09/10£16,644£16,592£52£495£31,998£25,29018.36570
30/09/09£18,709£16,401£2,308£635£31,506£24,90318.24680
30/09/08£14,427£14,006£421£669£28,681£23,25519.94210
30/09/07*£12,565£12,153£412£608£26,582£20,37520.15210
30/09/06£12,608£11,401£1,208£0£0£0n/a00
30/09/05£11,330£11,036£295£0£0£0n/a00
30/09/04£10,389£10,871£-482£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 1.6%
Fundraising Costs/Total Spending: 1.5%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 11%
Liabilities/Income: 22%
Unrestricted Funds/Total Funds: 59%
Reserves/Spending: 12.1 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.8
Asset Split ?
What it does
  • Accommodation/Housing
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
Who works here?
  • 482 employees
  • 11 volunteers
Who it helps
  • Elderly/Old People
How it operates
  • Makes Grants to Individuals
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Throughout England,

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.

Specific Donations
Amount When
Months
To be used for
The Clothworkers Foundation - Grant to Friends of the Elderly
£40,000 14/09/2023
Towards individual grants for disadvantaged older people
The Clothworkers Foundation - Grant to Friends of the Elderly
£35,000 23/02/2022
towards individual grants for disadvantaged older people. Please note that up to 15% full cost recovery can now be applied to our annual grant.
The Clothworkers Foundation - Grant to Friends of the Elderly
£30,000 01/03/2021
towards individual grants for disadvantaged older people
The Clothworkers Foundation - Grant to Friends of the Elderly
£30,000 04/02/2020
Grants for disadvantaged older people
The Clothworkers Foundation - Grant to Friends of the Elderly
£30,000 26/03/2019
Grants for disadvantaged older people
Co-Operative Group - Grant to Friends of the Elderly
£2,820 19/11/2018
We need to cover costs such as refreshments to provide older people with free one to one befriending, outings and activities.
The Clothworkers Foundation - Grant to Friends of the Elderly
£25,000 08/02/2018
Grants for disadvantaged older people
Henry Smith Charity - Grant to Friends of the Elderly
£60,000 12/09/2012
36
towards three years' salary of a BAME outreach worker at a project that supports people with Dementia in Surrey
Esmee Fairbairn - Grant to Friends of the Elderly
£20,000 29/05/2012
Towards the Friends with Dementia outreach service to benefit the BME community living and coping with dementia in Woking.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)
Current Trustees appointed
Gender Split
Based on 9/10 persons

Age Range of Trustees: 42-73
Legal constitution
  • Charitable company registered in England & Wales on 22/08/1964, number: 226064
  • Registered at Companies House on 09/02/1914, number: 00133850
Gift Aid
  • Registered with HMRC for Gift Aid
Other Regulators
  • Care Quality Commission
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
19 returns made; AR17: 1 days late, AR13: 2 days late, AR07: 30 days late,
Recent reorganisation events:
  • Asset transfer in from TRIANGLE COMMUNITY SERVICES LIMITED on 10/10/2020
Main office

40-42 EBURY STREET
LONDON
SW1W 0LZ

Objectives

TO ESTABLISH, ACQUIRE OR TAKE OVER, CONDUCT AND CARRY ON IN THE UNITED KINGDOM OR ELSEWHERE RESIDENTIAL AND NURSING HOMES, AND IN PARTICULAR RESIDENTIAL AND NURSING HOMES FOR THE POOR, NEEDY OR ELDERLY, CONVALESCENT HOMES FOR THE SICK OR INFIRM AND HOLIDAY OR OTHER HOMES FOR PERSONS OF ANY AGE AND EITHER SEX WHO FOR FINANCIAL REASONS OR OTHERWISE ARE IN NEED OF THE CARE AND ASSISTANCE PROVIDED IN SUCH HOMES, WITH POWER, BUT WITHOUT ANY OBLIGATION, TO CHARGE FEES OF SUCH AMOUNT AS THE SOCIETY SHALL IN ANY INDIVIDUAL CASE CONSIDER APPROPRIATE IN RESPECT OF THE ACCOMMODATION IN SUCH HOMES OF ANY PERSON ACCOMMODATED THERE WHO, IN THE OPINION OF THE SOCIETY, CAN REASONABLY BE REQUIRED TO PAY SUCH FEES FOR SUCH ACCOMMODATION.TO RELIEVE POVERTY SUFFERING AND DISTRESS AMONG THE ELDERLY, THE SICK, THE DISABLED OR OTHER GENUINELY NEEDY PERSONS REGARDLESS OF AGE OR SEX IN WHATEVER MANNER THE COMMITTEE OR GOVERNING BODY OF THE SOCIETY MAY DEEM APPROPRIATE. TO GIVE ASSISTANCE IN MONEY OR IN KIND TO THOSE WHO ARE GENUINELY NEEDY.

Defined Area of Benefit:

NOT DEFINED

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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