WIMBORNE UNIVERSITY OF THE THIRD AGE
Provides education, sporting and social activities for people in Wimborne and its surrounding locality who are no longer in full time gainful employment.
Financial health, per its FY2025 accounts
The accounts state that the charity is in a very healthy financial position with significant reserves covering approximately 30 weeks of expenditure. The organization operates entirely on a voluntary basis with no staffing costs, balancing income and expenditure annually. The trustees note that while there are risks such as the loss of committee members or convenors, none present an existential problem.
What the accounts disclose
“The expectation is that increased membership, and thus fee income, arising from that activity will offset some or all of the expenditure.”
“We are carrying over significant reserves, approximately 30 weeks”
“The charity works under the umbrella of the national u3a, which is registered with the Charities commission as the Third Age Trust.”
Trustees
- ASHLEY ROWLANDS
- Christine Angela Letchford
- David Horace Letchford
- Elizabeth Jayne Twomey
- Heather Lowe
- Vivyan Ann Pink
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £33k | £33k |
| 31/08/2024 | £34k | £31k |
| 31/08/2023 | £34k | £30k |
| 31/08/2022 | £26k | £30k |
| 31/08/2021 | £20k | £0 |
Common questions
Is WIMBORNE UNIVERSITY OF THE THIRD AGE financially healthy?
Per its FY2025 accounts: The accounts state that the charity is in a very healthy financial position with significant reserves covering approximately 30 weeks of expenditure. The organization operates entirely on a voluntary basis with no staffing costs, balancing income and expenditure annually. The trustees note that while there are risks such as the loss of committee members or convenors, none present an existential problem.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 06/01/2005 | £4k | Digital Presentation Equipment |