MALVERN U3A
Social and intellectual activities for older people, including numerous specialist subject areas.
Financial health, per its FY2025 accounts
The accounts state that the consolidated deficit for the year ended 31st August 2025 was £29,655, primarily due to significant donations made to reduce reserves. Per the treasurer's report, the principal group's retained reserves were £17,691, which is close to the stated reserve target of £17,000.
What the accounts disclose
“As usual, our two main sources of income in the period were Subscriptions of £18,050 and Room Fees of £48,921.” — page 3
“This has reduced our Principal Group’s balance sheet to £17,691 close to our reserve target of £17K.” — page 3
Trustees
- Peter Corfieldchair
- Aidan Paul Lawrence
- Carol Pelusi
- Christopher Royston Churchill
- Pamela Stanier
- Roger McDonald Ratcliff Hunt
- Sue Dalley
- Tony Hall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £72k | £102k |
| 31/08/2024 | £87k | £75k |
| 31/08/2023 | £68k | £56k |
| 31/08/2022 | £61k | £52k |
| 31/08/2021 | £587 | £7k |
Common questions
Is MALVERN U3A financially healthy?
Per its FY2025 accounts: The accounts state that the consolidated deficit for the year ended 31st August 2025 was £29,655, primarily due to significant donations made to reduce reserves. Per the treasurer's report, the principal group's retained reserves were £17,691, which is close to the stated reserve target of £17,000. Its FY2025 accounts were independently examined.