UNIVERSITY OF THE THIRD AGE, TODMORDEN
The advancement of education and, in particular, the education of older people and thosewho are retired from full time work by all means, including associated activities conduciveto 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 FY2025 accounts
The accounts state that the charity's financial position remains healthy, with general unrestricted reserves of £22,538, which exceeds the stated policy target of covering six months of running costs. The charity reported a surplus for the year, driven by increased membership and subscription rates, allowing it to fund new initiatives and absorb cost increases without requiring further fee hikes.
What the accounts disclose
“The surplus reflects the steady increase in membership numbers and the effect of the subscription rate increase to £20 from May 2024.”
“The reserves policy is to maintain a level of general unrestricted funds sufficient to cover around 6 months of an ordinary year’s running costs” — page 3
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- 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
- Volunteer management
Trustees
- David Tyaschair
- Alan Patrick McDonald
- Barbara Winifred Wigley
- Brenda Margaret Botten
- Christine Richmond
- Elisabeth Furlong
- Fiona Ryland
- Jerome Way
- Karen Marsh
- MICHAEL JOHN BENTON
- Michael Wilson Astrop
- Peter Gibson
- William Black
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £25k | £22k |
| 30/04/2024 | £27k | £22k |
| 30/04/2023 | £22k | £20k |
| 30/04/2022 | £15k | £12k |
| 30/04/2021 | £8k | £6k |
Common questions
Is UNIVERSITY OF THE THIRD AGE, TODMORDEN financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position remains healthy, with general unrestricted reserves of £22,538, which exceeds the stated policy target of covering six months of running costs. The charity reported a surplus for the year, driven by increased membership and subscription rates, allowing it to fund new initiatives and absorb cost increases without requiring further fee hikes. Its FY2025 accounts were independently examined.