GRAVESEND, NORTHFLEET&DISTRICT UNIVERSITY OF THE THIRD AGE (U3A)
The advancement of education for retired and semi-retired people by all means, including associated activities conducive to learning and personal development in Gravesend, Northfleet and the surrounding localities.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net surplus of £3,090.79 for the main account and £573.17 for the social account, resulting in a total closing balance of £12,510.72. The trustees report that this financial position complies with their reserves policy, which aims to maintain a balance of at least six months' expenditure to ensure the charity's survival and ability to manage closure if necessary. The charity notes that ongoing recruitment efforts have compensated for non-renewals, maintaining healthy membership numbers.
What the accounts disclose
“In accordance with u3a Guidelines, our u3a has a Reserves Policy, which aims to ensure that we have a balance of at least six month’s expenditure” — page 2
Trustees
- ALAN GEORGE SCOTT
- DOREEN IRIS NEIGHBOUR
- Dennis Neighbour
- JPU3A
- Jane Elizabeth Holman
- Joyce Carol Bell
- PETER DAVID BUTTLE
- Raymond Neil Maclean
- Stephen Robert Nolan
- Susan Patricia Kirwan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £34k | £31k |
| 31/12/2024 | £37k | £34k |
| 31/12/2023 | £26k | £26k |
| 31/12/2022 | £23k | £24k |
| 31/12/2021 | £5k | £5k |
Common questions
Is GRAVESEND, NORTHFLEET&DISTRICT UNIVERSITY OF THE THIRD AGE (U3A) financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net surplus of £3,090.79 for the main account and £573.17 for the social account, resulting in a total closing balance of £12,510.72. The trustees report that this financial position complies with their reserves policy, which aims to maintain a balance of at least six months' expenditure to ensure the charity's survival and ability to manage closure if necessary. The charity notes that ongoing recruitment efforts have compensated for non-renewals, maintaining healthy membership numbers. Its FY2025 accounts were independently examined.