THE CRAVEN U3A
1. To advance the learning of the public in the Craven district and its surrounding locality and in particular middle aged and older people who are not in full time gainful employment.2. To provide facilities for leisure and recreational activities with the object of improving the conditions of life for the above persons in the interests of their social welfare
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £70,041 were held at the year-end, which the trustees confirmed were above their stated policy target of six months of regular expenditure. The charity reported a net surplus of £15,501 for the period, driven by increased membership and subscription income.
What the accounts disclose
“Our policy is to retain the reserves at a level equal to six months of regular expenditure.” — page 5
Trustees
- Linda Hoolechair
- Adrienne Gilchrist
- Anne MacDonald
- Lesley Perkins
- Maggie McLellan
- Mick Richings
- Sandra Firm
- Sheila Thompson
- Wendy Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £66k | £51k |
| 31/03/2024 | £57k | £29k |
| 31/03/2023 | £44k | £39k |
| 31/03/2022 | £30k | £28k |
| 31/03/2021 | £6k | £17k |
Common questions
Is THE CRAVEN U3A financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £70,041 were held at the year-end, which the trustees confirmed were above their stated policy target of six months of regular expenditure. The charity reported a net surplus of £15,501 for the period, driven by increased membership and subscription income. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/10/2006 | £2k | Craven U3A Presentation |