THORLEY 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, for those residing in Thorley, Bishops Stortford and its surrounding locality.
Financial health, per its FY2025 accounts
The accounts state that the charity's principal sources of funds are membership subscriptions and activity payments, with a membership of 638 as of the year-end. The trustees aim to maintain reserves approximating 6-9 months' annual income and have kept subscription fees constant at £15.00. The financial review indicates that the trustees constantly review reserve levels to adjust fees according to financial expectations.
What the accounts disclose
“Principal sources of funds are membership subscriptions and payments from members for the activities in which they participate.” — page 2
“Our aim is to maintain a level of funding approximating to between 69 months' annual income in reserves.” — page 2
Trustees
- Nigel Celyn Varnamchair
- Alastair Curbbun
- Anthony Richard Clark
- BARBARA ANN JACOBS
- Barry Maxwell
- CARMEN SUSAN KONOPKA
- CHRISTINE THEAR
- JOHN THOMAS ACKLAW
- Linda Walpole Ketteridge
- RYLAND PERRIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £70k | £64k |
| 31/08/2024 | £56k | £61k |
| 31/08/2023 | £74k | £76k |
| 31/08/2022 | £70k | £68k |
| 31/08/2021 | £27k | £26k |
Common questions
Is THORLEY U3A financially healthy?
Per its FY2025 accounts: The accounts state that the charity's principal sources of funds are membership subscriptions and activity payments, with a membership of 638 as of the year-end. The trustees aim to maintain reserves approximating 6-9 months' annual income and have kept subscription fees constant at £15.00. The financial review indicates that the trustees constantly review reserve levels to adjust fees according to financial expectations. Its FY2025 accounts were independently examined.