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Watford Park u3a

Registered charity 1123484 · accounts filings on the Charity Commission register · also known as WATFORD PARK UNIVERSITY OF THE THIRD AGE

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.

Causes: General Charitable Purposes · Education/training · website · Get email alerts

Latest income
£73k
Latest spending
£66k
Registered
2008
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Gift Aid (68% of income)
“It should be noted that Gift Aid is critical for continued financial stability. About 68% of members tick the relevant box” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: 10-12 months of averaged expenditure
“Watford Park currently holds reserves of 10-12 months of averaged expenditure.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Governance: The charity was refused use of its meeting venue from 2025 onwards, creating operational uncertainty.
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
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.