UNIVERSITY OF THE THIRD AGE LANCASTER AND MORECAMBE
Encourages and facilitates on going education and activity for retired and semi retired individuals.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position is healthy and stable, with liquid funds of £63,487 at the end of the year. The charity holds a specific reserve of £10,000 for unforeseen contingencies. No major risks are identified, although room hire costs and Third Age Trust contributions are monitored.
What the accounts disclose
“The L&M u3a holds a reserve fund in an account recommended by the Charities Commission with the aim of covering unforeseen contingencies.”
Trustees
- Margaret Hemmingchair
- Anne Lynne Carr
- Anthony Kubicki
- Belinda Hinsley
- David Ackroyd
- David Downes
- Jill Susan Grindey
- Nigel William Cole
- Pauline Horrocks
- Ruth-Ann Leak
- Susan Elizabeth Armitage
- Susan Pearson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £82k | £74k |
| 31/08/2024 | £67k | £61k |
| 31/08/2023 | £72k | £74k |
| 31/08/2022 | £62k | £62k |
| 31/08/2021 | £32k | £26k |
Common questions
Is UNIVERSITY OF THE THIRD AGE LANCASTER AND MORECAMBE financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position is healthy and stable, with liquid funds of £63,487 at the end of the year. The charity holds a specific reserve of £10,000 for unforeseen contingencies. No major risks are identified, although room hire costs and Third Age Trust contributions are monitored.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/05/2008 | £2k | Improving Members' Access to Learning and Non-Vocational Activities |
| The National Lottery Community Fund | 23/11/2006 | £4k | Improving members' access to learning and non-vocational activities |
| The National Lottery Community Fund | 21/07/2005 | £2k | Additional Computer Equipment and Educational Materials |
| Northern Rock Foundation | 28/03/2000 | £4k | Grant awarded to University of the Third Age - Lancaster and Morecambe (North West) |