Charity registration number: 1029447
Tewkesbury & District U3A
Annual Report and Financial Statements
for the Year Ended 31 August 2024

Tewkesbury & District U3A
Contents (continued)
Refe￿nCe and Administrative Details
Tn￿te¢s, Report
2to3
tndependent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7t0 10

Tewkesbury & District U3A
Reference and Administrative Details
Trustees .
N Leyden
J Go￿tth0rpe
I Barber
D Frdser
RHart
M Jones
G Webb
C Price
R David
V Croudass
R Mackintosh
M Ba￿ett (appointed I l December 2023)
Charity Registration Number
1029447
Princxpal Office
27 Twixtbears
Tewkesbury
Glos
GL20 5BT
Independent Examlner
Devereux & Hunt
51 Basepoint Business Center
Oakfjeld Close
Tewkesbury
Glos
GL20 8SD
Page I

Tewkesbury & District U3A
Trustees, Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31
August 2024.
Objectives and activities
Public benefit
The organisation provides educational and recreational services for those who are no longer in full time
employment. This ts done mainly through small Self-help groups.
The objectives are the advancement of educAtion and, in particular, the education of older peoplg and those who
are retiTed froTn full time work by all means, including associated activities conducive to learning and persona]
development (revised at AGM December 2018).
The trustees confmn that they have complied with the requirements of section 17 of the Charities Act 2011 to
have due regard to the public benefit guidance published by the Charfftty Commission for England and Wales.
Achievemellts and performance
The ChaTity delivets what we aim to do i.e. bring education and social contact and activities to those who are no
longer in full time work tbrough more than 30 regular intrrest groups.
We are by members, for the members and with members.
Current membership is 579 (2023- 563), and it has been recognised by health professioDals that those of the 60+
demographic group who are gainflllly occupied live longer and remain fitter
Financial review
The Tnjstees ty to maintain a strong balance sheel with ample reserves. The Charities Cornmission bave told
us previously that our reserves are too high for a charity of OUT size and to reduce them. To that end we have
continued to suspend some minor attendance fees and encouraged groups to request any improvements to the
equipment that they use. This has Tesulted in a reduction of £3,552 this year (£602 last year).
W¢ have seen a slow increase in membership this year as a result of our continued advertising and showing a
presence at local evenls.
Overall, the Trustes consider the current financial position to be acceptable, given the current economic
clitnate. but continue to keep all finances under review.
Structhr4 governance and D￿nagement
Nature ofgoverning documenl
The organisation is unincorporated by standard registration and registered as a charity on 30 November 1993.
The ch￿lty was registered under a constitution adopted on 9 Feb￿ary 1993 and amended on 14 October 2002
and fillther amended on 10 DeeeDther 2018 atLd 13 Dec¢Jnber 2021.
Recruitment and appoinlment oftruste
The Trustees assume their duties on election to the Collllllitt¢¢ and are voted by the members at the Annual
Generdl Meeting each year. They are appointed by majority vote on the basis that at least l 0/0 of the members
are presenL
Page 2

Tewkesbury & District U3A
Trustees, Report (continued)
Statement of Trustees, Responsibilities
The trust¢¢s are responsible for preparing the trustees, report and the financial statements in accordance with the
Uniled Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prdctice) and
applicable law and regulations.
The law applicable to charities requires the trustees to prepare fmancial statements for each financial year which
give a trne and fair view of the state of affairs of the charity and of the incornTng resources and application of
resources of the charity for that period. In preparing these financial statements. the trustees are required to:
select suitable accounting policies and then apply tbem consistently.
observe the methods and principles in the Ckwities SORP"
make judgements and estimates that are reasonable and prndent.
state whether applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the financial statements" and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
eharity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that tbe financial statements comply with the
Clwities Act 2011. the Charities {Accowits and R¢ports) Regulations 2008, and the provisions of the
ConSti￿tion. The tLUStees are also respousible for safeguarding the assets of the charity aDd hellce for tskillg
reasonable steps for the prevention and detection of fraud and other itregularities.
The trustees are responsible for the maintenance and integrity of the corporate and fllkanci81 inforn)ation
included on the charitable company's website. Legislation governing the preparation and dissemination of
financial statements may differ from legislation in other jurftsdictions.
The amiual report was appr
ved by the trnstees of the charity on .......... ....
2hd signed on its behalf by:
Pagc 3

Tewkesbury & District U3A
Independent Examiner's Report to the trustees of Tewkesbury & District U3A
I report to the trustees on my examination of the accounts of Tewkesbury & District U3A for Éhe year ended 31
August 2024.
Responslbfilldes and basis of report
As the charity trustees of Tewkesbury & District U3A you are responsible for the preparation of the accounts in
accordance with the requirements ofthe Charities Act 2011 ('the Act,).
I report in respect of my examination of the Tewkesbury & District U3A's accounts carried out under section
145 of the 2011 Act and in carrying out my examinalton I have followed all the applicable Directions given by
the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I bave completed my examinatioTr I confirm that no materi31 matter5 have come to my attention in Connection
with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of Tewkesbury & Distrftct U3A as requiTrd by se¢tion 130 of
the Act. OT
2. the accounts do not accord with those records. or
3. the accounts do not comply witb the accounting requirements concerning the forni and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a 'tTue and fair view, wbich is not a matter considered as part of an independent
examination.
I have no concerns and bave come across no other matters Én connection witb the exan)ination to which attelltion
should be drawn in this report in Order to enable a proper understanding of the accounts to be reached.
M Devereux
Certified Accountants
51 Basepoint Business Center
Oakfield Close
Tewkesbury
Glos
GL20 8SD
Page 4

Tewkesbury & District U3A
Statement of Financial Activities for the Year Ended 31 August 2024
Unrestricted
funds
Total
2024
Totsl
2023
Note
Income and Endowments from:
Donations and legacies
Other trading activities
Investment income
Other income
7.502
20.416
690
iio
7,502
20,416
690
iio
7,272
19,617
547
196
Total income
28,718
28.718
27,632
Expenditure on:
Raising funds
Charttable activities
(23.547)
(9.000)
(23.547)
(9.000)
{20.953)
(7,281)
Total expenditure
(32,547)
(32.547)
(28.234)
Net expenditure
(3.829}
(3,829)
(602)
Net movement in funds
(3.829)
(3.829)
(602)
Reconeiliation of funds
Total fimds brought forward
25.066
25,066
25,668
Total fiujds carried forward
21.237
21,237
25,066
All of the ¢barity's activities derive from continuing operations during the above two periods.
The ftwds breakdown for 2023 is shown in note 9.
The notes on pages 7 to 10 forni an intsgral part of these fuwicial statements.
Page 5

Teivkesbury & District U3A
(Registration number: 1029447)
Balance Sheet as at 31 August 2024
2024
2023
P4ote
Fixed assets
Tangible assets
68
206
Current assets
Cash at bank and in hand
21,169
24,860
Net assets
21.237
25,066
Funds of the eharity:
Unrestricted income funds
Unrestricted funds
21.237
25.066
Total funds
21237
25,066
The fiTthncial statements on pages 5 to 10 were approved by the , and authorised for issue on ....................
signed on behalf by..
R Mackintosh
Trustee
The notes on pages 7 to 10 forni an inte￿￿ part of these finatE¢ial statements.
Page 6

Tewkesbury & District U3A
Notes to the Financial Statements for the Year Ended 31 August 2024
l Accounting polkcies
Statement of eompliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of
Recommended Prnctice issued in October 2019, the Financial Reporting Standard appltcable in the United
Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Tewkesbury & District U3A meets the definition of a public benefit entity under FRS 102. The accounts
(financial statements) have bttn prepared under the historical cost conv¢ntion with items rccognis¢d at cost or
iTaDsaction value unless otherwise stated in the ￿levant note(s) to these accounts.
Going coneern
The trustees Consider that there are no material uncertsinties about the charitys abTlity to continue as a going
concern.
Income 2nd endowments
All income is Tecognised in the Ststement of FiDancial Activities once the ch￿lty has entitlethnent to the funds,
it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to tbat expenditlwe, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has
been ¢lassified under headings that aggregate all cost related to the eategory. Where costs cannot be directly
attributed to particular headings, they have been allocatsd to activities on a basis consislant with the use of
resources.
Taiatio
The charity is ex¢mpt from tax on its charitable activities.
Depreciation sind amortisation
Depreciation is provided on langible fixed assets so as to write off the cost or valuation, less any estimated
residual value, over their expected use￿1 economic life as follows:
Asset class
Computer equipment
Depreciation method and rate
33/0 on cost
Pag¢ 7

Tewkesbury & District U3A
Notes to the Financlal Statements for the Year Ended 31 August 2024 (continued)
2 Income from donations and legacies
Unrestricted
funds
General
Total
2024
Total
2023
Donations and legacies"
Donations from individuals
Gift aid reclatmed
Membersbip fees
76
952
6,244
964
6,538
964
6,538
7,502
7,502
7,272
3 Ineom¢ from other trading x¢tiviti¢s
Unrestricted
funds
General
Total
funds
Total
2023
Events income.
Groups
Events
18,672
1.744
18.672
1.744
19,489
128
20.416
20,416
19,617
4 Investment income
Unrestricted
funds
Ceneral
Total
2024
Totsl
2023
Interest receivable and similar incorne-
Interest ieceivable on bank deposits
690
690
547
5 Other illeome
Total
funds
6 Trustees remun¢rntion and expenses
During the year the charity made the following transactions with t￿steeS."
No trnstees. noi any persons connected with them, have received any remuneration from the charity during the
The amount of combined expenses reimbursed to the Irustees during the year totalled £99 (2023 - £335).
Page 8

Tewkesbury & District U3A
Notes to the Financial Statements for the Year Ended 31 August 2024 (continued)
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
8 Tangible fixed assets
Furnitur¢ and
equipment
Total
Cost
At I September 2023
1.664
1,664
At 31 August 2024
1.664
1,664
Depreciation
At I September 2023
Charge for the year
1,458
138
1.458
138
At 31 August 2024
1,596
1,596
Net book value
At 31 August 2024
68
68
At 31 August 2023
206
206
Page 9

Tewkesbury & District U3A
Detailed Statement of Financial Activities for the Year Ended 31 August 2024
(continued)
Total
2024
Total
2023
Donations and legacie5
Appeals and donations
Gift Aid tax reclaitned
Membership
76
952
6.244
964
6,538
7.502
7,272
Other Irading a¢ÉiviÉies
Events
Groups
1,744
18,672
128
19,489
20,416
19,617
Invesiment income
tnterest on casb deposits
690
547
690
547
Other income
Other income
iio
196
iio
196
Rauingfunds
U3A Affiliation fees
Groups
General meetings
Events
(2.675)
(17,513)
(1.747)
{1,612)
{23,547)
(2,500)
{16,440)
(1,396)
(617)
(20.953)
Choritable atltvities
Equipment
Sundry expenses
Depreciation
Administration
(1,720)
(352)
(27)
(134)
(6,768)
(7,281)
(138)
(7.142)
(9.000)
This page does not forni part of the Sta￿tOry fjnancial statements.
Page 12