UNIVERSITY OF THE THIRD AGE (DACORUM)
U3A Dacorum is a learning co-operative of older people, which enables members to share in educational, creative and leisure activities covering Hemel Hempstead, Berkhamsted, Tring and surrounding areas.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a surplus of £768 and unrestricted reserves of £18,418, which is above its stated policy target of approximately £9,000. The trustees acknowledge risks regarding member numbers and inflation but report managing reserves in a suitably cautious manner.
What the accounts disclose
“The trustees have decided on a level of reserves to be held equal to at least six months membership subscriptions (around £9,000)” — page 4
Trustees
- Carolyn Wallis
- Ellen Duffy
- Henry Wallis
- Jane Campbell
- John Dodkins
- Louise Malan Budd Pace
- Mary Yvonne Hilda Wyon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £44k | £43k |
| 31/03/2024 | £41k | £49k |
| 31/03/2023 | £41k | £44k |
| 31/03/2022 | £32k | £21k |
| 31/03/2021 | £21k | £14k |
Common questions
Is UNIVERSITY OF THE THIRD AGE (DACORUM) financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a surplus of £768 and unrestricted reserves of £18,418, which is above its stated policy target of approximately £9,000. The trustees acknowledge risks regarding member numbers and inflation but report managing reserves in a suitably cautious manner. Its FY2025 accounts were independently examined.