RODING VALLEY UNIVERSITY OF THE THIRD AGE (U3A)
The Roding Valley U3A aims to advance the education of the local public (particularly older people no longer in full-time employment) and to provide leisure time and recreational activities for all members.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £17,714, resulting in a net surplus of £2,173 for the year. The trustees have established a reserves policy to hold 12 months of expenditure as a reserve, though the current unrestricted funds are significantly below this target. Designated funds decreased slightly to £4,686, which the trustees consider adequate to cover year-end commitments.
What the accounts disclose
“Subscriptions, £17.29 , 81%” — page 7
“The committee has established a reserves policy to hold 12 months expenditure as a reserve.” — page 5
Trustees
- Andrew Keith Forrest
- Anne Margaret Scurfield
- Catherine Martina Doran
- David Roy Linnell
- George Andrew Howard
- Laura Kim Blake
- Louise Kathleen Howard
- Peter Richard Rowles
- Silvia Frances Newton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £42k | £40k |
| 31/05/2024 | £36k | £36k |
| 31/05/2023 | £24k | £28k |
| 31/05/2022 | £12k | £14k |
| 31/05/2021 | £9k | £13k |
Common questions
Is RODING VALLEY UNIVERSITY OF THE THIRD AGE (U3A) financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £17,714, resulting in a net surplus of £2,173 for the year. The trustees have established a reserves policy to hold 12 months of expenditure as a reserve, though the current unrestricted funds are significantly below this target. Designated funds decreased slightly to £4,686, which the trustees consider adequate to cover year-end commitments. Its FY2025 accounts were independently examined.