Trustees’ Annual Report for the period
From 1.1.2023 Period start date To 31.12.20223 Period end date
Charity name: Lowestoft u3a
Charity registration number: 1001662
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To provide activities conducive to learning and personal development for older people in Lowestoft and the surrounding area. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Physical activities for health benefit, e.g. table tennis, bowls, country dancing. Social and intellectual activities, e.g. bridge, languages, crafts. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | We have read the relevant statement and have had regard to the guidance issued by the Charity Commission on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | |
|---|---|
| Para 1.38 | |
| Policy on grant making | |
| Para 1.38 | |
| Policy on social investment | |
| including program related | |
| investment | |
| Para 1.38 | |
| Contribution made by | |
| volunteers | |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The charity runs social, physical and educational activities, which have served to improve the health and wellbeing of its beneficiaries. |
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | £22,340.92 in bank accounts and as cash, which we consider sufficient for activities to continue for another year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We follow the national u3a guidelines, which recommend a reserve to cover expenses for 6 months. |
| Amount of reserves held | Para 1.22 | £10,000 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | We have no fund in deficit. |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | There are no current uncertainties. |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Unincorporated Association |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | By vote, open to all members, at our AGM |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Lowestoft u3a |
|---|---|
| Other name the charity uses | Lowestoft University of the Third Age |
| Registered charity number | 1001662 |
| Charity’s principal address | c/o 34 Corton Road Lowestoft NR32 4PL |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| RayWillett | Chair | The members | ||
| Peter Mason | Vice Chair | “ “ | ||
| Muriel Knowles | Secretary | “ “ | ||
| Karen Taylor | Minutes Secretary | “ “ | ||
| Barbara Cliff | Treasurer | 1.1.2023 - 16.2.2023 | “ “ | |
| VeritySeago | Treasurer | 16.2.2023 – 31.12.2023 | “ “ | |
| Jen Roberts | Membership Secretary | “ “ | ||
| Julie Walker | Groups Co-ordinator and Vice Treasurer |
“ “ | ||
| Christine Mills | Social Secretary | “ “ | ||
| Carol Craven | Social Secretary | “ “ | ||
| Angela Sturman | PublicityOfficer | 1.1.2023 – 25.10.2023 | “ “ | |
| Lynne Bergin | PublicityOfficer | 25.10.2023 – 31.12.2023 | “ “ | |
| Viv Loney | Newsletter Editor | “ “ | ||
– Corporate trustees names of the directors at the date the report was approved
Director name N/A
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| N/A | ||
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) | Signature(s) | |
|---|---|---|
| Full name(s) | Full name(s)Muriel Knowles | Verity Ann Seago |
| Position (eg Secretary, | Secretary | Treasurer |
| Chair, etc) | ||
| Date26.10.2024 | 26.10.2024 |
Lowestoft U3A Statement of Accounts: all accounts Printed 1st March 2024 11."41 Income & Expenditure. 1st January - 31st December Start year Category 2023 In Out 2022 Out -Account Transfers Affiliation Committee Expenses Donab'ons Equipment Gift Aid Group Attendance Fees Group Expenses Interest Membership Membership Sub to TAT Misc Monthly Meeting Postage Premi*s Printing Social Events Speaker Sundries TAT Magazine l Beacon Trips £77.00 £125.69 £77.00 £3,000.00 £3.000.00 £267.00 £1,777.62 £20.00 £10.45 £92.88 £5.25 £110.45 £1,238.93 £15,107.92 £10.00 £117.83 £5.731.55 £3.60 £43.66 £55.15 £100.00 £17.49 £20.00 £9.599.83 £109.76 £11.88 £4.337.55 £6.70 £30.00 £298.25 £956.00 £19.74 £97.20 £119.36 £14,120.38 £550.95 £2,189.66 £430.00 £227.63 £334.20 £292.00 £19.544.49 £5.75 £948.00 £724.00 £260.00 £602.00 £13,277.18 £391.50 £2,428.00 £0.25 £13.65 £312.00 Sub-totals £25.884.12 Brought forward £16,001.29 £241.50 £887.40 £90.05 £3,162.50 £21,864.47 £18,455.79 £417.00 £36.00 £89.21 £2,985.50 £24,318.97 Total £22.340.92 £16.001.29 Balance Sheet Cash Current Paypal Savings Trips on-the-day £34.70 £11,046.31 £28.70 £4,803.65 £11,259.91 £11,168.94 Total £22,340.92 £16,001.29 nivEr .J.zy
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees On accounts for the year ended Charity no (if any) jDOI66L Set out on pages I report to the trustees on my examination of the accounts of the above charity (Ihe Trust") for the year ended Responsibilities and basis of report As the charitys trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (°the ACV). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination. I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Independent examiner's statement aPpkee. Delete [ ] ifnot applicable. I have completed my examination. I confim that no material matters have come to my attention in connection with the examination {4)tk*rt respect-. ") which gives me cause to believe that in, any material the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Yrue and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. . Please delete the words in the brackets rf they do not apply. Date: Signed: Name: H inrJ Q Relevant professional qualification(s) or body IER Oct 2018