MILTON KEYNES U3A (UNIVERSITY OF THE THIRD AGE)
Provide education and social activities for those people who are retired or in part-time employment
Objects
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.
Financial health, per its FY2025 accounts
The accounts state that the charity is financially strong with unrestricted reserves of £77,665.91, which exceeds the advised Charity Commission parameter of 50% of anticipated expenditure. The charity reports no known significant liabilities and a surplus for the year, indicating stable financial health.
What the accounts disclose
“The overall level of reserve more than meets the 50% of anticipated expenditure that is the advised Charity Commission parameter.”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- June Lesley Sparkschair
- David Barrratt
- Deborah Hodges
- Diana Sears
- Hazel Margaret Spencer
- Timothy Hadden
- Tina Griffiths
- Wendy Barrett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £116k | £102k |
| 30/11/2024 | £118k | £106k |
| 30/11/2023 | £89k | £84k |
| 30/11/2022 | £56k | £63k |
| 30/11/2021 | £46k | £42k |
Common questions
Is MILTON KEYNES U3A (UNIVERSITY OF THE THIRD AGE) financially healthy?
Per its FY2025 accounts: The accounts state that the charity is financially strong with unrestricted reserves of £77,665.91, which exceeds the advised Charity Commission parameter of 50% of anticipated expenditure. The charity reports no known significant liabilities and a surplus for the year, indicating stable financial health. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AGE UK | 1 | £102k |
| The Dentons UK and Middle East LLP Charitable Trust | 1 | £6k |
| THE ROGER AND JEAN JEFCOATE TRUST | 1 | £3k |
| THE CARRINGTON CHARITABLE TRUST | 1 | £1k |
Charities like this
- CHRISTCHURCH UNIVERSITY OF THE THIRD AGE
- UNIVERSITY OF THE THIRD AGE - YORK
- UNIVERSITIES AND COLLEGES INFORMATION SYSTEMS ASSOCIATION
- U3A IN LONDON
- AGE UK MILTON KEYNES
- HALE AND DISTRICT U3A
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MILTON KEYNES U3A (UNIVERSITY OF THE THIRD AGE) | £116k | — | 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 |
| UNIVERSITIES AND COLLEGES INFORMATION SYSTEMS ASSOCIATION | £2.4m | £160,001 - £170,000 | — | unclear | — | no doubt |
| U3A IN LONDON | £157k | — | 0 | unclear | — | no doubt |
| AGE UK MILTON KEYNES | £2.8m | — | 0 | above | — | no doubt |