SAWBRIDGEWORTH 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.
Financial health, per its FY2025 accounts
The accounts state that total reserves stood at £19,762, which is above the stated policy target of twelve months of expenditure plus six months of other revenue expenditure. The charity reported a net income of £1,556 for the year, with unrestricted funds held in the General Account and Group Reserves.
What the accounts disclose
“Our Target Reserves are based on twelve months on any expenditure with an annual commitment plus six months on any other revenue expenditure.” — page 6
Trustees
- Alan Goodmanchair
- CAROL DIXSON-SMITH
- Derek Piercy
- GILL SEWELL
- James Mutter
- Margaret Giles
- Maxine Tilley
- Neil Munro
- Philip Simmons
- Trevor Rawson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £82k | £79k |
| 31/03/2025 | £92k | £90k |
| 31/03/2024 | £42k | £40k |
| 31/03/2023 | £97k | £94k |
| 31/03/2022 | £51k | £51k |
Common questions
Is SAWBRIDGEWORTH U3A financially healthy?
Per its FY2025 accounts: The accounts state that total reserves stood at £19,762, which is above the stated policy target of twelve months of expenditure plus six months of other revenue expenditure. The charity reported a net income of £1,556 for the year, with unrestricted funds held in the General Account and Group Reserves. Its FY2025 accounts were independently examined.