U3A - BANSTEAD AREA
Have group meetings on different subjects which members attend and hold open meetings with speakers for both members and non members.
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.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £10,758 for the year ended 31 August 2025, with total net reserves increasing to £51,875. The Treasurer's report indicates the charity is on a sound financial footing, having increased its cash reserves from £2,254 to £51,875, aiming for a long-term target of one year's normal operating costs (approximately £10,000).
What the accounts disclose
“Members subscriptions received in this year for current year 8,648” — page 48
“In keeping with other U3as we intend to, in the long term, increase this to 1 years normal operating costs which is approximately £10,000.”
“Reigate and Banstead Borough Council Grant 0”
Policies the charity declares
- Bullying and harassment policy and procedures
- 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
- Investment
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Jennifer Russellchair
- Anne Kemble
- Emma Hart Dyke
- Jill Poke
- Lynn Tripp
- Pamela Ann Parker
- Philip Wilkins
- Sarah Milan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | — | — |
| 31/08/2024 | £29k | £27k |
| 31/08/2023 | £17k | £15k |
| 31/08/2022 | £16k | £15k |
| 31/08/2021 | £6k | £7k |
Common questions
Is U3A - BANSTEAD AREA financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £10,758 for the year ended 31 August 2025, with total net reserves increasing to £51,875. The Treasurer's report indicates the charity is on a sound financial footing, having increased its cash reserves from £2,254 to £51,875, aiming for a long-term target of one year's normal operating costs (approximately £10,000). Its FY2025 accounts were independently examined.