THE THIRD AGE TRUST

Registered charity 288007 · accounts filings on the Charity Commission register · also known as THE UNIVERSITY OF THE THIRD AGE

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.

Causes: Education/training · website · Get email alerts

Latest income
£3.5m
Latest spending
£3.4m
Registered
1983
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Intercompany charges and gift aid between Trust and subsidiary
“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).”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Third Age Trust Trading Limited
“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.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Goodman Jones LLP. Discloses 3 of 6 completeness components.

Corporate structure

THIRD AGE TRUST TRADING LIMITED — per its own Companies House accounts
  • 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)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.5m
Total spending
£3.4m
Cost of raising funds
£1.4m
Reserves (reported)
£2.3m
Employees
20

Reported reserves equal ~8.2 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other trading activities (47% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 40.9% of total income — above the 90th percentile for charities its size (median 5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund14/12/2017£10k"Now this Lousy War is Over"
Community Foundation North East29/09/2017£1kKurling Group
The National Lottery Heritage Fund26/08/2015£10k"Wear Valley in the Great War"
The National Lottery Heritage Fund27/04/2015£10k"From Washington to Wipers and Warlencourt"
The National Lottery Heritage Fund30/06/2014£8k"Washington Poppy Trail phone app"
The National Lottery Heritage Fund30/05/2014£3k"The Forgotten Few, Pentrefelin. Book detailing the lives of men named on Pentrefelin War Memorial"
The National Lottery Heritage Fund28/04/2014£5k"Some Washington Men in the Great War - Wad thou gan? Aye, aa wad"
The National Lottery Heritage Fund30/07/2013£6k"Brecon Remembers: World War One"
The National Lottery Community Fund23/09/2010£2kTaking learning to the third age
The National Lottery Community Fund03/12/2009£3kShared Learning
The National Lottery Community Fund13/08/2009£5kComputer skills development project
The National Lottery Community Fund13/02/2009£917U3A Shared Learning
The National Lottery Community Fund21/09/2006£3kComputer/audio-visual equipment
The National Lottery Community Fund21/06/2006£4kImproving Communication
The National Lottery Community Fund17/08/2005£2kThere is no project name available for this record
The National Lottery Community Fund17/08/2005£790Purchase of a printer
The National Lottery Heritage Fund22/07/2004£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 Fund02/07/2003£10k"Great Baddow Oral History"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
CHARITY OF SIR RICHARD WHITTINGTON1£92k
THE MERCERS CHARITABLE FOUNDATION1£38k
THE GRAND CHARITY1£15k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with STAFFORD UNIVERSITY OF THE THIRD AGE (U3A).

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE THIRD AGE TRUST£3.5m——unclear—no doubt
STAFFORD UNIVERSITY OF THE THIRD AGE (U3A) FY2025£90k—0below—no doubt
THE THIRD AGE PROJECT FY2025£210k—0above—no doubt
CHRISTCHURCH UNIVERSITY OF THE THIRD AGE FY2025£137k—0above—no doubt
UNIVERSITY OF THE THIRD AGE - YORK FY2025£141k—0unclear—no doubt
THORNBURY U3A FY2025£141k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.