WELLS UNIVERSITY OF THE THIRD AGE

Registered charity 1023275 · accounts filings on the Charity Commission register · also known as WELLS U 3 A

ADVANCING THE EDUCATION OF MIDDLE AGED AND OLDER PEOPLE NOT IN FULL TIME EMPLOYMENT IN WELLS, SOMERSET AND THE SURROUNDING AREA.

Objects

THE ADVANCEMENT OF EDUCATION AND, IN PARTICULAR, THE EDUCATION OF OLDER PEOPLE AND THOSE WHO ARE RETIRED FROM FULL TIME WORK, BY ALL MEANS INCLUDING ASSOCIATED ACTIVITIES CONDUCIVE TO LEARNING AND PERSONAL DEVELOPMENT.

Area of benefit: WELLS IN SOMERSET AND ITS SURROUNDING LOCALITY.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Arts/culture/heritage/science · Amateur Sport · Recreation · website · Get email alerts

Latest income
£70k
Latest spending
£67k
Registered
1993
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £21,121.70 at 31 January 2024, which is above the trustees' stated contingency reserve policy target of £5,000.00. The charity reported an excess of receipts over payments for the year, indicating positive cash flow from its primary income sources.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: £5000.00 (held: £21k)
“The Trustees believe that Wells u3a should maintain a contingency reserve of £5000.00 to meet obligations in the event of a drastic fall in income.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Somerset

Income and spending

Financial year endIncomeSpending
31/01/2025£70k£67k
31/01/2024£71k£69k
31/01/2023£38k£35k
31/01/2022£10k£10k
31/01/2021£17k£19k

Common questions

Is WELLS UNIVERSITY OF THE THIRD AGE financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £21,121.70 at 31 January 2024, which is above the trustees' stated contingency reserve policy target of £5,000.00. The charity reported an excess of receipts over payments for the year, indicating positive cash flow from its primary income sources. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund19/05/2005£3ksound and visual equipment