ISLINGTON U3A
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, by enabling members to share their knowledge and experience and thereby continue to learn, particularly through study/discussion groups and other meetings of members.
Financial health, per its FY2025 accounts
The accounts state that Islington u3a reported a net deficit of £5,454 for the year ended 30 September 2025, resulting in net retained reserves of £21,919. The trustees note that reserves exceeded their planned minimum of £11,500 and plan to further reduce reserves in the coming year. The independent examiner confirmed that no material matters were identified that would hinder a proper understanding of the accounts.
What the accounts disclose
“reserves that exceeded our planned minimum of £11,500” — page 6
Trustees
- Alison Finlay
- Antonia Mary Benedek
- Barbara Ann Nokes
- CHRIS BULFORD
- Catherine Harper
- DEREK MURRAY HARWOOD
- Elizabeth Joy Bailey
- Lisa Haywood
- Robert Noah
- Robert Tench
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £28k | £33k |
| 30/09/2024 | £27k | £30k |
| 30/09/2023 | £26k | £30k |
| 30/09/2022 | £24k | £20k |
| 30/09/2021 | £12k | £9k |
Common questions
Is ISLINGTON U3A financially healthy?
Per its FY2025 accounts: The accounts state that Islington u3a reported a net deficit of £5,454 for the year ended 30 September 2025, resulting in net retained reserves of £21,919. The trustees note that reserves exceeded their planned minimum of £11,500 and plan to further reduce reserves in the coming year. The independent examiner confirmed that no material matters were identified that would hinder a proper understanding of the accounts. Its FY2025 accounts were independently examined.