u3a
Farnham and District u3a
Registered Charity No.1019078
Trustees Annual Report for the period 1 July 2023 to 30
June 2024
Objectives and Aciivme
Objectives: As set out in our constitution, the objectives of Farnham and District u3a
are the advanment of education and, in particular, the education of older people
and those who are retired from full-time work by all means, including associated
activities conducive to leaming and personal development.
Public benefits
The trustees have had regard to the guidance issued by the Charity Commission on
public benefit. The Public Benefit of our organisation is that our u3a helps keep our
members educated, fit, socialising and thus healthier than might otherwise be the
case, thus reducing the demand on public health services. The opportunity to meet
people in a learning or social situation is of especial benefit to those members who
live alone. We have over 1400 members who benefit from the activities we provide,
and we are always happy to welcome new members, undertaking promotional
campaigns to make ourselves known locally.
We run over 100 groups approximately half of which are academic, run by members
and covering subjects such as languages, philosophy, history, current affairs etc. We
also have many fitness and social groups and run social activities such as monthly
coffee mornings and regular quiz sessions. We have an on-going process of
hecking what new groups our members would like to see and endeavouring to find
leaders for such groups. In the period of this report, we also facilitated our members
in learning basic first aid and how to be a dementia friend, which may benefit the
general public. We also provide a series of monthly meetings with generally non-
member speakers where any member can learn about a huge variety of topics, and
a second series of themed monthly open meetings. These are usually led by
members and the theme in 2023124 was cities.
Contribution made by volunteers
Our u3a is entirely run by volunt&rs, in accordan with the u3a principle 'by
members, for members,. The committee are all volunteers and are responsible for
running Farnham u3a in accordan wrth the wishes of the members and in line with
our stated objectives. They are assisted by various volunteers who help with new
members, using technical equipment, etc.
Achievements and perfomiance
Farnham u3a helps members keep their minds active and helps them keep
physically fit. Meeting together to learn or to enjoy social activities staves off the
loneliness which can be a problem for many older people. We carry out surveys from
time to time and these show that our members are happy with what we do and
appreciative of the opportunities for learning and being sociable that we provide.
Members who find themselves on their own in their later life are particularly
appreciative. Keeping elderly people as mentally and physically fit as possible
alongside providing them with opportunities to Sociali is of benefit to society as a
whole.
Financial Review
At the end of the financial year the accounts resulted in a profit of £5.3k, replenishing
our re*rves somewhat after the losses in previous years as a result of the Covid
epidemic. Our general fvnds at the end of the year were £42.6k.
Our main source of income is membership subscriptions and our main outgoings are
room rental. Our reserves policy is to hold reserves of 6 months general running
costs of a minimum of £28k enabling the organisation to cope wrth a loss of some
500/0 of membership income leaving tt still able to fund the running costs - largely
room rental - for the remaining members of the organisation. Our reserves of £42.6k
are within the requirement of our policy.
structure. Governance and Management
Our governing document is our constitution.
Our u3a is an unincorporated association affiliated to the Third Age Trust.
Trustees are members, and are selected by members at the annual AGM
Referanc8 and Administrative details
Charity name . Farnham and District Universty of the Third Age
We are generally known as Famham u3a
The registered charity number is 1019078
Our principal address is 17 Kestrel Close, Ewshot, Farnham, GU10 5TW
Trustees in 2023124
Andrew Morgan - Chair (Until Sept 2023, but trustee all year)
Philip Oliver- Chair (from Sept 2023, but trustee all year)
Jane Moberly - VI-chair
Val Atkinson - Secretary (resigned Sept 24)
Shree Merriman - Treasurer
Malcolm Ellis (Resigned Sept 24)
Annette Kralz
Vivienne Miller
Steven Tilbum
Cynthia Barnett
Sally Bowden (Trustee from Jan 24)
TrUStS are members of the committee and are elected from the membership of
Farnham u3a. The committee meets monthly and is responsible for the overall
direction of the organisation. It is supported by a large number of volunteers in
smaller sub committees or as Group Leaders.
Funds held as custodian trustees on behalf of others
None
Declarations
The trustees declare that they have approved the trustees, report above
Signed on behalf of the charitys trustees
g.->- b--
Sally Bowden, Secretary
Farnham u3a Charity number 1019078
|Farnham u3a
Charity number 1019078|Farnham u3a
Charity number 1019078|Farnham u3a
Charity number 1019078|Farnham u3a
Charity number 1019078|Farnham u3a
Charity number 1019078|Farnham u3a
Charity number 1019078|Farnham u3a
Charity number 1019078|||
|---|---|---|---|---|---|---|---|---|
|**Income and Expenditure accounts for the year ending 30 June 2024**|||||||||
||||||**2023-2024**||**2022-2023**||
||||||£||£||
|**income**||**receipts**|||||||
|membershipsubscriptions|||||58,446||53,642||
|bank interest received|||||1,058||390||
|donations received|||||52||200||
|gift aid recovered|||||9,538||8,912||
|**Total income**|||||**69,093**||**63,144**||
||||||||||
|**expenditure**||**payments**|||||||
|bank charges|||||120||133||
|committee and administration costs|||||972||907||
|equipment costs|||||944||308||
|local shows and events|||||10||0||
|member communications|||||4,567||4,488||
|monthly,theme, quiz and christmas meetings|||||1,381||672||
|Paypal and other commission|||||868||805||
|pr andpromotions|||||583||137||
|othergroupcosts|||||188||329||
|Third Age trust costs|||||6,844||6,240||
|Venue hire costs||maltings|||41,970||44,346||
|||other|||4,914||||
|website|||||446||452||
|**total expenses**|||||**63,808**||**58,817**||
||||||||||
|Excess receipts overpayments|||||**5,285**||**4,327**||
|General Funds brought forward at 1July2023|||||37,321||32,994||
|**Unrestrictedgeneral funds c/f at 30June 2024**|||||**42,606**||**37,321**||
|**Represented by**|||||||||
|Natwest bank|||||8,387||647||
|CAF bank|||||11,282||15,266||
|CCLA bank|||||21,852||20,839||
|Paypal|||||1,085||568||
||||||**42,606**||**37,321**||
|**Restricted group funds**|||||||||
|total receipts|||||33,884||35,016||
|totalpayments|||||33,577||33,988||
|**Excess receipts overpayments**|||||**307**||**1,028**||
|groupfunds brought forward at 1July2023|||||9,370||8,342||
|**Restrctedgroup funds c/f at 30June 2024**|||||**9,677**||**9,370**||
|**Represented by**|||||||||
|Natwest bank|||||7,374||7,746||
|CAF bank|||||2,303||1,624||
||||||**9,677**||**9,370**||
||||||||||
Farnham u3a Charity number 1019078
|**Notes to the accounts for the year ended 30 June 2024**|**Notes to the accounts for the year ended 30 June 2024**|**Notes to the accounts for the year ended 30 June 2024**|**Notes to the accounts for the year ended 30 June 2024**|**Notes to the accounts for the year ended 30 June 2024**|**Notes to the accounts for the year ended 30 June 2024**||||
|---|---|---|---|---|---|---|---|---|
||||||||||
|1. The accounts have beenprepared on a Receipts and Payments basis in line withprioryears.|||||||||
||||||||||
|2. Purchases of equipment is accounted for in full in theyear ofpurchase.|||||||||
||||||||||
|3 Groupbalances|||||||||
|Groupfunds are held on behalf of the respectivegroups and represent monies collected from|||||||||
|members towards actvities such as trips,wine tastings,etc. These funds are not available to|||||||||
|Farnham u3a forgeneralpurposes.|||||||||
||||||||||
|group||balance b/f||net movement||balaance c/f|||
|||at 1/7/23||in theyear||at 30/6/24|||
|||£||£||£|||
|theatre||3,198||-1,498||1,701|||
|concert||1,565||3,008||4,573|||
|shakesphere||1,675||-1,040||635|||
|photography||158||150||308|||
|wine discovery||814||-333||481|||
|wine for fun 1||865||470||1,335|||
|wine for fun 2||718||-450||268|||
|taiche 4||123||0||123|||
|classical||209||0||209|||
|architecture||45||0||45|||
|||9,370||307||9,677|||
||||||||||
||||||||||
||||||||||
||||||||||
|**Treasurers Report**|||||||||
|Anothergoodyear,resultingin aproft,mainlydue to the increase in number of new members.|||||||||
|This surplus is used to bolster upour depleted funds resultingfrom covid circumstances and to|||||||||
|maintain the membershipfees at their current value,despite an increase in the cost of living|||||||||
|and costs of new venues enablingus to meet our objectives.|||||||||
||||||||||
||||||||||
Another good year, resulting in a profit, mainly due to the increase in number of new members. This surplus is used to bolster up our depleted funds resulting from covid circumstances and to maintain the membership fees at their current value, despite an increase in the cost of living and costs of new venues enabling us to meet our objectives.
Farnham u3a
Charity number 1019078
THE UNNERSITh OFTHE THIRD AGE FARNHAM AND DISTRICT
R•glgtar•d charlty numb•r lo178
R•port toth• tru*19
I report to tho trustees on my examination ol the 8ccount8 Ottho above charity I'the Trustl for
the year 8nded 30 June 2024.
Responsibiliti •nd ba¥is of ropwt
As the charity trustee8 of the Trust. you aro rosponsibl6forth8 preparation of the accounts in
accordance the requiremonts of the Charities Act 2011 {*he Act").
I report in respect of nyy ex8min8tion of the Trusys accounts carrl8d OLrt undcr scction 145 of the
2011 Act and in carrying out my &¥amin8tion. I have foll(y•ffjd thè applicable Directions gpmn ty
the Charity Commission under sr*tKAn 1495llbl ofthe Act.
Independent examiner's statemont
I have completed my exAmin8tron. I confinn that no materi81 manars h8ve come to my
attention in connection vrfth the exarn4natb)n *fiieh gives me cause to tjelievethat in. any
material respect:
occounting records V•trc not kept in occordonce hth section 130 of the Act or
the accounts do not accord viith the occountinE record¥
I have no conc8rns 8nd h8ve come acr( no 0th9r matters in connection with th? examination
to vthich attention 3hould be dr8wn in order to cnablc o proper understandingof the accounts
to be reaGhod.
Giennis Tumer
89 Crondait Lan•
Famham, Sufr•y GU9 7BZ
J$J
THE UNIVERStTY OFThETrIIIID AGE FARNHAM AND DISTRICT
l ioport to the tNst•os on my 0MInation ofth8 accounts of the 8bth* charlty ("the Trusi") foi
the year e[Kl 30June 21Y24.
A8 the chaiitytrustO8s of the TrusL you are r88pon8iblo lorthe woparation ol th8 a¢¢ounts In
aCcoanCe with the requirements ol th• Charlt008 Act 2011 (Ihe Acf).
I report in re8P8Ct of ny examination of the Tru•lb eccwnt8 ¢8rrl•O ¢xA und•r s•ction 145 otth•
2011 Act and in canywty ¢Xrt my examIr1)n, I follty4••J th• applicable Dire1($ givan ty
It Charlty Comml88lon Und 1495llb) Ot th• Act.
Ind•p•nd•rt •x•mln•r's *tsl•m•nt
I hrn compl•t•d my •18nnation. I confirm th8t no materbol motters hove ¢om8 io my
attention in cne¢t10n the ex8mlnation *th•¢h 8N•s m• cause to believe that in. any
accountin8 records not kept In accowdance with srttM)n 130 of the Act
the K¢¢)unt$ do not accord wth tho accounting wecords
to *thich attenlion should be dr8%*71 in ordef to anabie a Fyoper understandingof lh8 accounts
to l)e reached.
Gionnlo Turnor
89 Cmnfflall
Farnh•m. surr G119 78Z
O•t•
fJ¥J