PETERBOROUGH UNIVERSITY OF THE THIRD AGE
Self help organisationproviding educational, social and leisure opportunities for retired and semi-retired people.
Objects
THE CHARITY'S OBJECT IS THE ADVANCEMENT OF EDUCATION, AND IN PARTICULAR, THE EDUCATION OF OLDER PEOPLE AND THOSE RETIRED FROM FULL-TIME WORK, BY ALL MEANS INCLUDING ASSOCIATED ACTIVITIES CONDUCIVE TO LEARNING AND PERSONAL DEVELOPMENT PRIMARILY BUT NOT EXCLUSIVELY FOR THOSE LIVING IN THE CITY OF PETERBOROUGH AND ITS SURROUNDING LOCALITY.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £838 for the year, resulting in total unrestricted reserves of £41,868. This figure is significantly above the trustees' stated policy target of approximately £15,000, which represents six months of operating expenditure. The trustees confirm adequate resources for going concern, noting the charity is funded mainly by member subscriptions.
What the accounts disclose
“The trustees have decided that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to 6 months operating expenditure, which at current levels would be approximately £15,000.” — page 6
“The trustees participate in the activities of the charity on the same basis as other members.” — page 15
Policies the charity declares
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Adrienne Just
- Alan James Locke
- Ann Penelope Ritchie
- Brenda Marjorie White
- Derek Skingle
- Janet Elizabeth Lavender
- Louis Pieter Verdegem
- Lynda Margaret Brimmell
- Lynette Ground
- MAUREEN ANN GOODYEAR
- Sandra Moules
- Susan Lord
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £119k | £120k |
| 31/07/2024 | £114k | £105k |
| 31/07/2023 | £110k | £103k |
| 31/07/2022 | £96k | £86k |
| 31/07/2021 | £37k | £45k |
Common questions
Is PETERBOROUGH UNIVERSITY OF THE THIRD AGE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £838 for the year, resulting in total unrestricted reserves of £41,868. This figure is significantly above the trustees' stated policy target of approximately £15,000, which represents six months of operating expenditure. The trustees confirm adequate resources for going concern, noting the charity is funded mainly by member subscriptions. Its FY2025 accounts were independently examined.