MALVERN U3A
Social and intellectual activities for older people, including numerous specialist subject areas.
Objects
I) TO ADVANCE THE EDUCATION OF THE PUBLIC AND IN PARTICULAR THE EDUCATION OF MIDDLE AGED OR OLDER PEOPLE WHO ARE NOT IN FULL TIME GAINFUL EMPLOYMENT IN MALVERN AND ITS SURROUNDING LOCALITY.II) THE PROVISION OF FACILITIES FOR LEISURE TIME 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 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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- 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
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
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.