SOUTH LAKES U3A
Meetings in interest groupsMonthly meetings with speaker open to all members
Financial health, per its FY2026 accounts
The accounts state that the charity maintains a sound financial position with a current account balance of £30,122.22 and reserves of £22,000. The trustees report that these funds are sufficient to cover major expenditures such as group rents and provide stability against economic risks. The filing confirms that the accounts are in a healthy position and will be presented for acceptance at the AGM.
What the accounts disclose
“The Charities Commission recommend that reserves should be at least 3 month’s expenditure, central u3a finance between 6 and 12 months. Our reserves are £22,000 (2025 £13,000) which is an acceptable level.” — page 2
Trustees
- Cath Sharpe
- Chris Brooksbank
- David Cooper
- Derek Ridgway
- Mark David Aldridge
- Samantha Ridgway
- Susan Belton-Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £60k | £49k |
| 31/03/2025 | £58k | £47k |
| 31/03/2024 | £41k | £41k |
| 31/03/2023 | £36k | £39k |
| 31/03/2022 | £28k | £29k |
Common questions
Is SOUTH LAKES U3A financially healthy?
Per its FY2026 accounts: The accounts state that the charity maintains a sound financial position with a current account balance of £30,122.22 and reserves of £22,000. The trustees report that these funds are sufficient to cover major expenditures such as group rents and provide stability against economic risks. The filing confirms that the accounts are in a healthy position and will be presented for acceptance at the AGM. Its FY2026 accounts were independently examined.