DERBY 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.
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 Derby u3a generated a surplus of £1,609.69 for the year ended 31 December 2025, with total receipts of £47,657.98 against payments of £46,048.29. The charity holds unrestricted reserves of £29,784.73, which significantly exceeds its stated policy target of £8,000. The independent examiner reported no matters requiring attention, indicating stable financial management.
What the accounts disclose
“Our policy is to hold enough in reserve to allow the organisation to cover regular outstanding expenses for a period of six months in the event of failure. The reserve for 2025 was set at £8,000.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Funders the charity credits
- Third Age Trust
Trustees
- Richard Sherrattchair
- Alison Pearcy
- Andrew Timms
- Catherine Wykes
- Jacqueline Gill
- Liz Lockwood
- Rosemary Elaine Wright
- Sally Gibbs
- Susan Swain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £48k | £46k |
| 31/12/2024 | £33k | £28k |
| 31/12/2023 | £30k | £24k |
| 31/12/2022 | £22k | £17k |
| 31/12/2021 | £6k | £5k |
Common questions
Is DERBY U3A financially healthy?
Per its FY2025 accounts: The accounts state that Derby u3a generated a surplus of £1,609.69 for the year ended 31 December 2025, with total receipts of £47,657.98 against payments of £46,048.29. The charity holds unrestricted reserves of £29,784.73, which significantly exceeds its stated policy target of £8,000. The independent examiner reported no matters requiring attention, indicating stable financial management. Its FY2025 accounts were independently examined.