MILL HILL U3A
To advance education and in particular the education of people not in full time gainful employment who are in their Third Age (being the period of time after the first age of childhood dependence and the second age of full time employment and/or parental responsibility) residing in Mill Hill and its surrounding locality.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £37,631, which is above the previous year's total of £36,590. The Trustees' policy is to hold approximately twelve months' expenditure in reserves, and the current surplus indicates the charity is maintaining adequate financial resources for the foreseeable future.
What the accounts disclose
“The Trustees aim to hold about 12 months annual expenditure in reserves.” — page 5
Trustees
- Barbara Cowen
- Desnee Barnett
- John Michael Kutner
- Marilyn Jackson
- Melvyn Sandler
- Susan Mount
- Veena Jagpal
- Victor Brilliant
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £57k | £56k |
| 31/03/2024 | £60k | £56k |
| 31/03/2023 | £56k | £47k |
| 31/03/2022 | £18k | £21k |
| 31/03/2021 | £14k | £11k |
Common questions
Is MILL HILL U3A financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £37,631, which is above the previous year's total of £36,590. The Trustees' policy is to hold approximately twelve months' expenditure in reserves, and the current surplus indicates the charity is maintaining adequate financial resources for the foreseeable future. Its FY2025 accounts were independently examined.