TREASURER’S REPORT 2021/2
The year to 31[st] March 2022 saw a partial return to our normal financial situation.
As we anticipated, there was a deficit in the income paid over by groups meeting in rented rooms as compared to the rental charges levied by the venues, of £2,500.
The number of members attending these meetings was still down, by an average of around one fifth, and (inevitably) some venues have increased their charges.
We will, of course, keep an eye on this deficit as ‘normal service resumes’.
Apart from this shortfall, the total of our subscription income plus gift aid exceeded our costs by £1,200; so reducing our overall deficit to £1,300.
This is despite paying £1,330 to set up the new direct debit system of collecting subscriptions (which should reduce to about £1,000 in the current year) and the production of a handbook at a cost of £1,600.
We do, of course, have sufficient reserves to cover the 2021/2 deficit and we are in a similar position to that which has existed during the past 2 years (i.e. with reserves of around £20k).
Thanks once again to Kate and Hester (who deal with the receipt and recording of subscriptions), to the group coordinators (who have adapted to a revised system of paying over the rental income) and to Ian Fishwick for his examination of the accounts.
Ian Powell
Treasurer
SOUTh LAKE8 L13A RECEIPTS& PAYMENTS OuNT YEAR ENDINts 31•t hlAP¢H 2021 SOVTH LAKES UJA gALA14CE SHEET A8 ATJ1¥thYR¢H 2022 REGISTERED C+klRifY NIJMBER fQJO28q RECEIPT$ Thle •r 12.366 50 1,822.87 s.e1 0.00 o.¢0 479.06 12.907.14 o.oo 11•.29 A88ET8 11,084.10 2.184.4J &73 150. 29P. Glfta Int8mJt Bathk Compen Scd81 ¢••h Funds.. Y¢ykshlre 88nk cunI AcAxxJnt Yrmkshire Bank SocthlAccowl al Card Ar))Junl COIF ATrI Co8h FIo8t8 Yo8r End Debto Th8 y681 4.307.44 4e7.e6 23.82 16,QOO.00 3$. 728.90 20,642.84 Lastyeor lJ,a43.04 487.08 8¢.2T GroupB Inet of •xpen8051 I4•nd trc4nC4I btr)kino T•alCoff•o •lknthtyb•Vng• 017.90 064.JJ iO.tX) 212 65 21.437.81 27,700.46 14.9J•.02 L•ii Y•ar Eno ¢rndW• o.oo TQTALIIECEIPT8 Tot41 20,142.64 21,43T.84 LIABILITIE8 PAYMENT8 4Sg.00 16,390.88 18.00 82f.20 Ats>Jmulat•d Fund$.' 8roWI fwrd.. Grou Group rents 21,4J7.64 IP.4Y31.01 ntNy R•ntandSp•Hk¥i fè 1,21 L••8 b81•n ofyyméM#ov•F t• for th•y•ar Sodil¥ivlU•I card f•oB 1,291.80 88.00 7J8.00 Thltd4• fwt MOMnhIp f••ts U3A m•B8no B•Mn Plua ofrec•lpts oyw paymontaforthe yellr 4,270.00 2,e61, 1,224. O.J4f3.00 I.%00 Nwmletterl Boc41 & diimbjllon 1,891.10 fT7.49 T¢i•i FundB Cwdod FL)Wth 20.142.84 21.437.84 AdMIltrIOTh AdrnlnEJ11811on E¥pehsèJ Oirqct Debrt Expw895 AGM & CoDrdlnotors' meeOTrg Renowal Ènd Open mornlng) tnsIb)n toNWAA J•leol 716.3S 1,330.53 350.31 167.64 Jii.00 25720 Aceojnts prnpAr•d ty Lqn Pml Trea$u TOTAL PAYMeNT8 28 W5.26 95299 I haye exomln•d th8 above8tatwMntt*eth•r wllhthe BupfA%llno bwka ¢¢ eount ar bar& $totem8ni•. In my viBw they presenla true 8nd fslrk¥Crn during th6 yearendinq 31st Morch 2022 BAIANCE OF RE¢EtPT8 OVER PAYIIEMf8 2.LlJa63 tlxfina Sotyth ke8 U3A BALANCE OP PAYMENTS I)VER REceipT8 1.294 80 eF4nLW Etsmimr
Independent e¥amintrfs reijort to thè trustees of South Lakes U3A I report to the trustees on My examination of the a¢count5 of sOh Lakes U3A (the Trust) for the year ended 31st March 2022. Responslbllltles and ba* of report As the charity trustees of the Trust you a responsible for the preparailon of the accounts in accordance with the requirements of the Charities Act 20111.the ACVI. I report in respect of my examination of the Tru5Ys zccounts carried out under section 145 of the 2011 Act and in carrying out ffly examination I have followed all the applicable Dirertions given by the Charity Commission under section 14515llbl of the Act. Ind•p•nd•nt •xam5ne¢s statement I have completed my examination. I confirm that no material matters have come to my attention irs connection with the examination giving me cause to believe that in any material respert.. l. accounting record5 were not kept in respect of the Trust as reouired by section 130 of the Act,. or 2. the accounts do not accord with those OrdS. or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 28 other than any requirement that the accounts give a'true and fairview which is not a matter considered as part of an Independent examlnatlon. I have no concerns and have come across no other matters in connection wlth the examlnation to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Slgned: //1• Name.. lan Nshwlck Address: Howe Knowe, Cow Brow, Lupton. Carnforth, LA6 IPG Date: 20, June 2022