THE THIRD AGE TRUST
The Third Age Trust is the national representative body for the u3a movement in the UK providing a wide range of support services to existing u3as. In addition it helps to develop new u3as and to raise the profile and increase awareness of the u3a movement throughout the UK.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted general reserves of £2,289,726, which the Trustees consider adequate but not excessive against a target range of £1,000,000 to £1,500,000. Per the financial review, the group reported a net surplus of £71,990 for the year, with total net assets increasing to £2,318,690. The trustees confirm the charity is in a healthy financial position for the next few years despite expected future expenditure exceeding income.
What the accounts disclose
“During the year the Trust charged TATTL intercompany charges a total of £151,000 (2024: £166,000), additionally TATTL Gift Aided the Trust £155,080 (2024: £185,065). At 31 March 2025 the amount due to the Trust was £225,443 (2024: £182,093).”
“It has a subsidiary trading company named Third Age Trust Trading Limited (11899419) incorporated on 22 March 2019 and which commenced trading on 1 April 2019.”
Corporate structure
- Registered company of the charity Companies House 01759471
- Trading subsidiary: THIRD AGE TRUST TRADING LIMITED Companies House 11899419
- Turnover: £1.6m
- Profit before tax: £155k
- Donated/gift-aided to the charity: £155k
- Creditors include £70,363 due to group undertakings (2024: £0).
“The Company donates, by Gift-Aid, its entire taxable profit on an annual basis to its parent undertaking under a Deed of Covenant dated 15 July 2022.”
Company officers (Companies House)
- CRAWLEY, Sheila Margaret on trustee list
- GABRIELCZYK, Maria Genowefa on trustee list
- RUSSELL, Alan on trustee list
- WALE, Laurence William on trustee list
- GREEN, Pauline, Dame on trustee list
- HARWOOD, Derek Murray on trustee list
- WALMSLEY, Allan Graham on trustee list
- BENT, John on trustee list
- CASSIDY, Iain
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (19/07/2018)
Trustees
- Allan Graham Walmsleychair
- Alan Russell
- DEREK MURRAY HARWOOD
- Dame Pauline Green
- John Bent
- Laurence Wale
- MARIA GENOWEFA GABRIELCZYK
- Sheila Crawley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.5m | £3.4m |
| 31/03/2024 | £3.3m | £3.2m |
| 31/03/2023 | £3.0m | £2.9m |
| 31/03/2022 | £2.9m | £2.6m |
| 31/03/2021 | £3.0m | £2.7m |
Common questions
Is THE THIRD AGE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted general reserves of £2,289,726, which the Trustees consider adequate but not excessive against a target range of £1,000,000 to £1,500,000. Per the financial review, the group reported a net surplus of £71,990 for the year, with total net assets increasing to £2,318,690. The trustees confirm the charity is in a healthy financial position for the next few years despite expected future expenditure exceeding income. Its FY2025 accounts were audited by Goodman Jones LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 14/12/2017 | £10k | "Now this Lousy War is Over" |
| Community Foundation North East | 29/09/2017 | £1k | Kurling Group |
| The National Lottery Heritage Fund | 26/08/2015 | £10k | "Wear Valley in the Great War" |
| The National Lottery Heritage Fund | 27/04/2015 | £10k | "From Washington to Wipers and Warlencourt" |
| The National Lottery Heritage Fund | 30/06/2014 | £8k | "Washington Poppy Trail phone app" |
| The National Lottery Heritage Fund | 30/05/2014 | £3k | "The Forgotten Few, Pentrefelin. Book detailing the lives of men named on Pentrefelin War Memorial" |
| The National Lottery Heritage Fund | 28/04/2014 | £5k | "Some Washington Men in the Great War - Wad thou gan? Aye, aa wad" |
| The National Lottery Heritage Fund | 30/07/2013 | £6k | "Brecon Remembers: World War One" |
| The National Lottery Community Fund | 23/09/2010 | £2k | Taking learning to the third age |
| The National Lottery Community Fund | 03/12/2009 | £3k | Shared Learning |
| The National Lottery Community Fund | 13/08/2009 | £5k | Computer skills development project |
| The National Lottery Community Fund | 13/02/2009 | £917 | U3A Shared Learning |
| The National Lottery Community Fund | 21/09/2006 | £3k | Computer/audio-visual equipment |
| The National Lottery Community Fund | 21/06/2006 | £4k | Improving Communication |
| The National Lottery Community Fund | 17/08/2005 | £2k | There is no project name available for this record |
| The National Lottery Community Fund | 17/08/2005 | £790 | Purchase of a printer |
| The National Lottery Heritage Fund | 22/07/2004 | £4k | "This Group Encourage And Supports The Lifelong Learning Activities Of Over 140000 Members Of The 550 Universities Of The Third Age(U3a) In T" |
| The National Lottery Heritage Fund | 02/07/2003 | £10k | "Great Baddow Oral History" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £92k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £38k |
| THE GRAND CHARITY | 1 | £15k |
Charities like this
- STAFFORD UNIVERSITY OF THE THIRD AGE (U3A)
- THE THIRD AGE PROJECT
- CHRISTCHURCH UNIVERSITY OF THE THIRD AGE
- UNIVERSITY OF THE THIRD AGE - YORK
- THORNBURY U3A
- MILTON KEYNES U3A (UNIVERSITY OF THE THIRD AGE)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE THIRD AGE TRUST | £3.5m | — | — | unclear | — | no doubt |
| STAFFORD UNIVERSITY OF THE THIRD AGE (U3A) | £90k | — | 0 | below | — | no doubt |
| THE THIRD AGE PROJECT | £210k | — | 0 | above | — | no doubt |
| CHRISTCHURCH UNIVERSITY OF THE THIRD AGE | £137k | — | 0 | above | — | no doubt |
| UNIVERSITY OF THE THIRD AGE - YORK | £141k | — | 0 | unclear | — | no doubt |
| THORNBURY U3A | £141k | — | 0 | above | — | no doubt |