WORCESTER AREA GROUP U3A
The provision of educational, social and recreational activities in and around Worcester for retired people.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net surplus of £132 for the year, with total funds represented by cash balances amounting to £45,989. The trustees report that the charity remains in a strong position to deal with economic fluctuations and continue supporting activities. General reserves of £19,955 are held above the policy minimum of £15,732.
What the accounts disclose
“Total income for the year was £71,380 (2023-24 was £53,890). Overall subscriptions increased by just over £7,000 due to membership growth and subscription increases.”
“The General Reserves Policy is set at an amount equivalent to 3 months’ General Fund expenditure, excluding Third Age Trust and Independent Examiner fees, both of which are provided for in full.”
Trustees
- Andrew Battrum
- Ann Patterson
- Ann Teresa Digby
- Christine Scott
- Debbie Spooner
- Janet Wilson
- Lorna Jane Fellows
- Sharon Marina Ellson
- Stewart White
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £71k | £71k |
| 31/07/2024 | £54k | £57k |
| 31/07/2023 | £63k | £65k |
| 31/07/2022 | £47k | £48k |
| 31/07/2021 | £28k | £23k |
Common questions
Is WORCESTER AREA GROUP U3A financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net surplus of £132 for the year, with total funds represented by cash balances amounting to £45,989. The trustees report that the charity remains in a strong position to deal with economic fluctuations and continue supporting activities. General reserves of £19,955 are held above the policy minimum of £15,732. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 04/04/2016 | £10k | Short Mat Bowling for the Third Age |
| The National Lottery Community Fund | 18/05/2005 | £4k | New Equipment |