## 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 cu￿nI AcAxxJnt
Yrmkshire Bank SocthlAccowl
al Card Ar))Junl
COIF A￿TrI
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 MOM￿nhIp f••ts
U3A m•B8*no
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
AdMI￿ltrI￿OTh
AdrnlnEJ11811on E¥pehsèJ
Oirqct Debrt Expw895
AGM & CoDrdlnotors' meeOTrg
Renowal Ènd Open mornlng)
t￿nsIb)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¥C￿rn
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 sO￿h 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 2￿8 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