HGS U3A
1.. To advance the education of middle-aged and older people who are not in full timegainful employment, 2. The provision of facilities for leisure time and recreational activities.3. It enables its members to share knowledge and experience thereby continuing to learn, in particular through establishing Interest Groups and convening meetings of members with shared interests.
Financial health, per its FY2026 accounts
The accounts state that the charity ended the financial year with a minimal surplus of £40, a significant improvement from the previous year's deficit of £5,459. Free reserves stood at £26,985, an increase from the prior year's £20,730, supported by increased subscription income and deferred funds. The trustees note that venue costs increased significantly due to higher hourly charges and activity levels.
What the accounts disclose
Trustees
- Carole Spierschair
- David John Powers
- David Stephen Cavendish
- Lorraine Wilder
- Malcolm Henry Brahams
- Nedret Sagdic McKinley
- Simon Freeman
- Tina Jennifer Stanton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2026 | £53k | £53k |
| 31/05/2025 | £36k | £41k |
| 31/05/2024 | £38k | £40k |
| 31/05/2023 | £18k | £20k |
| 31/05/2022 | £14k | £15k |
Common questions
Is HGS U3A financially healthy?
Per its FY2026 accounts: The accounts state that the charity ended the financial year with a minimal surplus of £40, a significant improvement from the previous year's deficit of £5,459. Free reserves stood at £26,985, an increase from the prior year's £20,730, supported by increased subscription income and deferred funds. The trustees note that venue costs increased significantly due to higher hourly charges and activity levels. Its FY2026 accounts were independently examined.