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2024-12-31-accounts

Trustees’ Annual Report for the period

From 1.1.2024 Period start date To 31.12.2024 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 £25,283.36 in bank accounts and as
cash, which we consider more than
enough for our 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 £16,000
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 3 Kingfisher Crescent
Reydon
SOUTHWOLD
IP18 6XL

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
Christine Mills Vice Chair >
Social Secretary>
30.10.2024 – 31.12.2024
Allyear
“ “
Muriel Knowles Secretary “ “
Karen Taylor Minutes Secretary “ “
VeritySeago Treasurer “ “
John Sayer Vice Treasurer 30.10.2024 – 31.12.2024 “ “
Jen Roberts Membership Secretary 01.01.2024 – 30.10.2024 “ “
Martin Vallis Membership Secretary 30.10.2024 – 31.12.2024 “ “
Julie Walker Groups Co-ordinator
and Vice Treasurer
01.01.2024 – 30.10.2024
“ “
“ “
Paul Payne Groups Co-ordinator 30.10.2024 – 31.12.2024 “ “
Carol Craven Social Secretary “ “
Lynne Bergin PublicityOfficer “ “
Viv Loney Newsletter Editor “ “
Debbie Carp IT Manager 30.10.2024 – 31.12.2024 “ “

– 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
adviser
Name
Address
Type of
adviser
Name
Address
Type of
adviser
Name
Address
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) Julie Elizabeth Walker Full name(s) Muriel Knowles ~~a~~ Position (eg Secretary, Secretary Treasurer Chair, etc) ~~ee~~ Date 23.10.2025 ~~|~~

Low.estoft u3a ststement of Accounts: all accounts Printed 26th March 2025 18..39 Income & Expenditure, 1st January - 31st December SÉart year 2024 Out Category 2023 Out In In £77.00 £125.69 £77.00 -Account Transfers Affiliation Committee Expenses Donations Equipment Gift Aid Group Attendance Fees Group Expenses Interest Membership Membership Sub to TAT Misc Monthty Meeting Postage Premises Printing Social Events Speaker Sundnes TAT Magazine l Beacon Trips £280.00 Sub-totals £29,506.24 Brought forward £22,340.92 £5,000.00 £5,000.00 £315.49 £92.88 £22.80 £5.25 £110.45 £1,238.93 £15,107.92 £10.00 £117.83 £5,731.55 £3.60 £580.72 £17.49 £605.15 £15,666.94 £20.00 £167.55 £4,917.20 £36.00 £924.00 £175.10 £21.19 £83.55 £15,086.50 £665.50 £2,239.74 £488.80 £401.21 £246.00 £300.00 £26,563.80 £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 £175.10 £512.00 £0.50 £602.00 £230.00 £1,873.00 £2,428.00 £0.25 £13.65 £312.00 £25,884.12 £16,001.29 £56.00 Totsl £25,283.36 £22,340.92 Balance Sheet Cash Current PayPal Savings Trips on-the4lay £34.70 £8,822.32 £34.70 £11,046.31 £16,426.34 £11,259.91 Total £25,283.36 £22.340.92 L*" VO

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of Uo UJE7Toof u 1 fi On accounts for the year ended Charity no {if any) 31 Xc) 2+ 1001 &6 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention ( ) in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 4. IOT Name: -14 tsJ QKvtT- Relevant professional qualification(s) or body (if any): Address: (IIKJF IAFttL*c NJ(LI IER