WATERLOOVILLE U3A
Educational and social activities for those no longer in full time employment
Objects
(1) TO ADVANCE THE EDUCATION OF THE PUBLIC AND IN PARTICULAR THE EDUCATION OF OLDER PEOPLE NO LONGER IN FULL TIME GAINFUL EMPLOYMENT IN WATERLOOVILLE AND ITS SURROUNDING LOCALITY.(2) 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 unrestricted reserves are £18,540, which is below the stated policy target of three months' net expenditure. The charity operates on a receipts and payments basis with total income of £54,878 and no disclosed fundraising costs or trading subsidiaries.
What the accounts disclose
“The level of reserves maintained at the start of each financial year should be at least 3 months net expenditure on main account expenditure items.” — page 6
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
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- ANNA MEADES
- Angela Chapman
- Anthony PAUL
- Chris Barrell
- Hilary Ryan
- KEVIN STOCK
- LYNDA MOORE
- ROBERT STANSBURY
- Vicki Mottershead
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £64k | £63k |
| 31/03/2025 | £55k | £55k |
| 31/03/2024 | £48k | £44k |
| 31/03/2023 | £11k | £17k |
| 31/03/2022 | £10k | £11k |
Common questions
Is WATERLOOVILLE U3A financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves are £18,540, which is below the stated policy target of three months' net expenditure. The charity operates on a receipts and payments basis with total income of £54,878 and no disclosed fundraising costs or trading subsidiaries. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 10/06/2008 | £7k | Shared Learning Project |