KINGS HILL AND DISTRICT U3A
The advancement of education and , in particular ,the education of older people and those who are retired from fulltime work by all means ,including associated activities conducive to learning and personal development
Financial health, per its FY2025 accounts
The accounts state that membership fees are the principal source of funds, which remain 25% below pre-Covid levels despite recent inflationary increases. The charity maintains a reserves policy targeting a year's running costs plus designated funds, with the Treasurer reporting the reserve level to the Committee bi-monthly.
What the accounts disclose
“Membership Fees are the principal source of funds which had been reduced and frozen for a couple of years until 2023 to reflect reduced expenditure in activities and meetings due to Covid restrictions.” — page 5
“We have a ‘Reserves Policy’, and, in brief, the level to be maintained equates to a year’s running costs, plus any Reserved and Designated funds.” — page 5
Trustees
- Melanie Jane Blewerchair
- Brenda Alice Pretty
- David Charles Murray
- Gareth David Price Owen
- Mark Richards
- Maurice Chittenden
- Paula Pomeroy
- Simon Ellis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £34k | £32k |
| 31/03/2024 | £38k | £39k |
| 31/03/2023 | £25k | £28k |
| 31/03/2022 | £18k | £20k |
| 31/03/2021 | £9k | £9k |
Common questions
Is KINGS HILL AND DISTRICT U3A financially healthy?
Per its FY2025 accounts: The accounts state that membership fees are the principal source of funds, which remain 25% below pre-Covid levels despite recent inflationary increases. The charity maintains a reserves policy targeting a year's running costs plus designated funds, with the Treasurer reporting the reserve level to the Committee bi-monthly.