THE THIRD AGE TRUST
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.”
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?
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" |
| 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 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" |