Charity Accounts Intelreading the accounts so you don’t have to

U3A UNIVERSITY OF THE THIRD AGE, CHELTENHAM BRANCH

Registered charity 299146 · accounts filings on the Charity Commission register · also known as CHELTENHAM U3A, U3A UNIVERSITY OF THE THIRD AGE, CHELTENHAM AND DISTRICT 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.

Causes: Education/training · Arts/culture/heritage/science · Amateur Sport · website · Get email alerts

Latest income
£52k
Latest spending
£46k
Registered
1988
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: membership fees
“The Charity’s principal source of funding is an annual membership fee paid by all members, fees for Members' Monthly Meetings and gift aid.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: 125% of the Third Age Trust Capitation fee (held: £11k)
“We maintain reserves at a level of 125% of the Third Age Trust Capitation fee.”
Per its FY2024 accounts as filed with the Charity Commission.

Discloses 4 of 6 completeness components.

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

Trustees · trustee networks

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

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£52k£46k
31/12/2023£88k£86k
31/12/2022£66k£63k
31/12/2021£45k£43k
31/12/2020£30k£33k

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.