TOWCESTER 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, in Towcester and its surrounding locality.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £3,348 for the year, with income of £13,808 and expenditure of £10,460. The trustees report that inflationary pressures were lower than expected and anticipate similar financial levels in the coming year without needing to increase membership fees. The committee authorized capital expenditure on audio-visual equipment, with the remaining surplus added to reserves.
What the accounts disclose
Trustees
- Deborah Ann Heaphychair
- Alison Foxton
- Alison Jane Burnley
- Elaine Marilyn Shone
- Jennifer Louise Rigby
- Jill Amanda Stewart
- Patricia Anne Moore
- Patricia Anne Parkes
- Pauline Ann Sweeney
- Terrence Alan Goldfinch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2026 | £47k | £44k |
| 28/02/2025 | £41k | £38k |
| 29/02/2024 | £35k | £31k |
| 28/02/2023 | £29k | £30k |
| 28/02/2022 | £18k | £17k |
Common questions
Is TOWCESTER U3A financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £3,348 for the year, with income of £13,808 and expenditure of £10,460. The trustees report that inflationary pressures were lower than expected and anticipate similar financial levels in the coming year without needing to increase membership fees. The committee authorized capital expenditure on audio-visual equipment, with the remaining surplus added to reserves. Its FY2025 accounts were independently examined.