LYMINGTON UNIVERSITY OF THE THIRD AGE
The objective of Lymington U3A is the provision of education and stimulating activities amongst older and retired people by varying means, including associated activities conducive to learning and personal development. We operate some 50 study and interest groups led by volunteer members, hold monthly speaker meetings and discussions, and organise trips to places of interest.
Financial health, per its FY2025 accounts
The accounts state that the charity had a net expenditure of £10,391 for the year, resulting in a negative net asset position of £1,109. Despite this deficit, the trustees report the organization was stable and in good shape, with cash reserves available to cover liabilities. The charity relies entirely on volunteers and has no paid staff.
What the accounts disclose
Trustees
- WILLIAM JOHN WARDchair
- Edward Michael Ratheram
- Emma Jolly
- Penny Witherick
- Sheila Margaret Ward
- Sue Norris
- Timothy James Norris
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £55k | £37k |
| 31/01/2025 | £44k | £35k |
| 29/02/2024 | £12k | £21k |
| 28/02/2023 | £37k | £41k |
| 28/02/2022 | £16k | £18k |
Common questions
Is LYMINGTON UNIVERSITY OF THE THIRD AGE financially healthy?
Per its FY2025 accounts: The accounts state that the charity had a net expenditure of £10,391 for the year, resulting in a negative net asset position of £1,109. Despite this deficit, the trustees report the organization was stable and in good shape, with cash reserves available to cover liabilities. The charity relies entirely on volunteers and has no paid staff. Its FY2025 accounts were independently examined.