Watford Park u3a
The advancement of education, and in particular, the education of older people and those who are retired from full time work, by all means, including associated activities conducive to learning and personal development.
Objects
THE ADVANCEMENT OF EDUCATION AND, IN PARTICULAR, THE EDUCATION OF OLDER PEOPLE AND THOSE WHO ARE RETIRED FROM FULL TIME WORK, BY ALL MEANS INCLUDING ASSOCIATED ACTIVITIES CONDUCIVE TO LEARNING AND PERSONAL DEVELOPMENT.
Financial health, per its FY2024 accounts
The accounts state that the charity had a stable year with a surplus in line with recommendations, despite a slump in membership numbers. Reserves are held at 10-12 months of averaged expenditure, providing a buffer against the loss of its primary meeting venue. The charity remains viable, relying on membership subscriptions and Gift Aid to cover core costs.
What the accounts disclose
“It should be noted that Gift Aid is critical for continued financial stability. About 68% of members tick the relevant box” — page 6
“Watford Park currently holds reserves of 10-12 months of averaged expenditure.” — page 7
“Furthermore, in moving back to the church hall, we have had to change our meeting day. At present we do not know what the impact of this change will be on monthly meeting attendances, but there is a fear that they will drop initially. In this event, we may be forced to seek an alternative venue for monthly meetings.” — page 3
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- 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
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- David Beckerchair
- Alison Tier Kallsen
- Andrew John Robertson
- Anthony David Hyam Scott- Norman
- Graham Timothy Rhodes
- Laura Nicole Mead
- Ronald Thomas Duckling
- Rosemary Wingham
- Zoe Margaret Mowbray
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £73k | £66k |
| 31/10/2024 | £50k | £49k |
| 31/10/2023 | £34k | £40k |
| 31/10/2022 | £10k | £16k |
| 31/10/2021 | £8k | £6k |
Common questions
Is Watford Park u3a financially healthy?
Per its FY2024 accounts: The accounts state that the charity had a stable year with a surplus in line with recommendations, despite a slump in membership numbers. Reserves are held at 10-12 months of averaged expenditure, providing a buffer against the loss of its primary meeting venue. The charity remains viable, relying on membership subscriptions and Gift Aid to cover core costs. Its FY2024 accounts were independently examined.