U3A UNIVERSITY OF THE THIRD AGE, CHELTENHAM BRANCH
We are a volunteer-driven organisation for those who are no longer in full-time employment. We facilitate lifelong learning and stimulating daytime activities in the company of others. All activities are run and coordinated by volunteers.
Objects
THE ADVANCEMENT OF EDUCATION AND, IN PARTICULAR, THE EDUCATION OF OLDER PEOPLE AND THOSE WHO ARERETIRED FROM FULL TIME WORK BY ALL MEANS, INCLUDING ASSOCIATED ACTIVITIES CONDUCIVE TO LEARNING ANDPERSONAL DEVELOPMENT FOR THOSE RESIDING IN CHELTENHAM AND ITS SURROUNDING LOCALITY
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £10,900, which the trustees describe as being maintained at a level of 125% of the Third Age Trust Capitation fee. The document notes no material fund deficits and explicitly states there are no uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Charity’s principal source of funding is an annual membership fee paid by all members, fees for Members' Monthly Meetings and gift aid.”
“We maintain reserves at a level of 125% of the Third Age Trust Capitation fee.”
Policies the charity declares
- Bullying and harassment policy and procedures
- 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
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- PROFESSOR RODERIC KEITH GRIFFITHSchair
- Leone Elizabeth Meyer
- Martin Charles Bromberg
- Richard Henderson Rutter
- Roderick James Gay
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £84k | £68k |
| 31/12/2024 | £52k | £46k |
| 31/12/2023 | £88k | £86k |
| 31/12/2022 | £66k | £63k |
| 31/12/2021 | £45k | £43k |
Common questions
Is U3A UNIVERSITY OF THE THIRD AGE, CHELTENHAM BRANCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £10,900, which the trustees describe as being maintained at a level of 125% of the Third Age Trust Capitation fee. The document notes no material fund deficits and explicitly states there are no uncertainties regarding the charity's ability to continue as a going concern.