LEEK U3A
Leek U3A has its own constitution which has been approved by the Third Age Trust to which it is affiliated and has a mission statement which explains it aims and objects, which are to advance the education and wellbeing of our members by provision of academic, cultural and recreational activities for our members, all of whom are eligible if not in full time employment and of the older generation.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £11,247 for the year, resulting in total funds decreasing from £36,830 to £25,583. Per the trustees' report, unrestricted funds stand at £23,583, with a contingency reserve of £28,000 noted in the prior year policy description, though the current unrestricted balance is below that specific reserve target.
What the accounts disclose
“The charity maintains a contingency reserve, currently standing at £28,000, to cover expenditure should funding not be available.” — page 3
Trustees
- Keith Joneschair
- Ann Baxter
- Carol Sheldon
- Dawn Thomas
- IAN CANTRILL
- Robert Philip Roche
- Sheila Abbott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £75k | £86k |
| 31/12/2024 | £55k | £55k |
| 31/12/2023 | £59k | £52k |
| 31/12/2022 | £43k | £47k |
| 31/12/2021 | £23k | £26k |
Common questions
Is LEEK U3A financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £11,247 for the year, resulting in total funds decreasing from £36,830 to £25,583. Per the trustees' report, unrestricted funds stand at £23,583, with a contingency reserve of £28,000 noted in the prior year policy description, though the current unrestricted balance is below that specific reserve target. Its FY2025 accounts were independently examined.