SHREWSBURY U3A
Shrewsbury U3A has self organised interest groups for people not in full time gainful employment who are in their Third Age. This being the period of time after the second age of full time employment and/or parental responsibility.
Financial health, per its FY2025 accounts
The accounts state that Shrewsbury U3A held unrestricted reserves of approximately £20,600, which the trustees describe as strong and equivalent to roughly 10 months of anticipated spend. The charity reported a small deficit of £400 for the main body, largely due to IT enhancement costs, but membership growth of 8.8% supported continued operations without subscription increases.
What the accounts disclose
“Membership is the main source of income.” — page 5
“In order for the charity to manage the variable timing of income and expenditure, a reserve sum equivalent to 6 months income will be maintained.” — page 6
Trustees
- Michael Reecechair
- Andrew Randal Edwards
- Antony Arthur Brown
- Frank Velander
- Ian Hallworth
- Ian Tanner
- Michael John McGarry
- Patricia Cooke
- Russell Game
- Sue Davies
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £36k | £37k |
| 31/08/2024 | £32k | £29k |
| 31/08/2023 | £27k | £24k |
| 31/08/2022 | £24k | £29k |
| 31/08/2021 | £14k | £12k |
Common questions
Is SHREWSBURY U3A financially healthy?
Per its FY2025 accounts: The accounts state that Shrewsbury U3A held unrestricted reserves of approximately £20,600, which the trustees describe as strong and equivalent to roughly 10 months of anticipated spend. The charity reported a small deficit of £400 for the main body, largely due to IT enhancement costs, but membership growth of 8.8% supported continued operations without subscription increases. Its FY2025 accounts were independently examined.