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2025-08-31-accounts

Woking Area u3a Annual Report for the year ending 31" August 2025

Constitutional and administrative information

Woking Area u3a was established via a constitution in September 1993 and is registered with The Charity Commission (No. 1031717). The correspondent is the Secretary, Peter Grieve, whose address is 4 Church Close, Horsell, Woking, Surrey GU21 4QZ.

The trustees are the members of the committee, they are elected or re-elected annually by the members at the Annual General Meeting or appointed or co-opted by the committee in the interim. They are: Barbara Nicholson (Chair), Sue Holmes (Treasurer), Peter Grieve (Secretary), Anne Turvey (Venues Co-ordinator), Derek Hancock (Membership Secretary), Christine Maunders (Beacon administrator), Alan Chalmers (Special Projects), Philip Heaton (Groups Co-ordinator) and Christine Cunliffe (Events organiser).

The bankers are Barclays Bank pic, Woking and the independent examiner is Mr Phillip Smitham, 107 Old Woking Road, West Byfleet, KT14 6HY.

Objectives and organisation

Woking Area u3a is a self-help organisation for people who are no longer in full-time employment. Its primary objective is providing educational, creative and leisure opportunities for its members by its members. The trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission in determining the activities undertaken by the charity.

The committee usually meets monthly to review operational and financial matters. Meetings with Group Leaders and new members were held during the year while monthly meetings, open to all members, were maintained at St Andrew's Church, Goldsworth Park.

Overview

Membership on August 31 was 1,449 and rising, compared to 1,332 the previous August 31.At its peak there were over 1,600 members. More renewals and new members were expected as the academic year got into full swing. We have continued to maintain most of our groups, with thanks to all the Group Leaders who give their time to run them. A few have closed or merged but a number of new ones have formed. We will continue to promote the development of new groups.

Over the year, there has been a determined effort to get more members involved in the running of the organisation and to create a viable succession plan for the committee and groups.

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This is a constant battle, as it is in most charities, but the idea of group leaders having deputies is hopefully taking root and replacements for retiring committee members have been found, subject to election at the AGM, These were needed for the roles of Chair, Vice Chair, Secretary, Venues Coordinator and Special Projects. The drive to have deputies at committee and GL level must go on and we will continue to encourage members to volunteer.

Many of our volunteers tell us how much they have enjoyed the experience, so it benefits them as well as the organisation.

Activities other than groups have blossomed and proved extremely popular. Quizzes, curry suppers and outings have been fully booked while plans for our first u3a holiday for some years are well under way, Committee members have given their time to arrange these but it would help if others could volunteer to help.

Also popular was the renewals day, held for the first time early in August. Around 100 members took advantage to renew, join or seek advice on joining groups.

Efforts have also been made to push the Woking Area u3a name into the public domain. A volunteer fair, run by Woking Council, was attended; a public Facebook page created and plans are afoot to resurrect the role of publicity officer. Efforts are continuing to optimise our online presence on Google searches, for example.

We have updated various policies, particularly on health and safety, and are in the process of revamping role descriptions which will be put on our website. The committee also sought to revamp our constitution, as times have changed since our last amendments in 2016. It was hoped to bring this for approval to the AGM but, as of August 31, this is looking unlikely, The committee has agreed the rewrite as has the Third Age Trust. However the Charity Commission has yet to give the go-ahead on three small parts which it has to approve.

We have as always continued to monitor our finances closely. There is more detail in the financial report but it is good to report that despite rising costs eating into our reserves this year, it was decided to keep the subscription charge and most group fees the same as in 2024-25.

The success of our u3a in 2024/25 is down to all the volunteers we do have. As well as the committee and Group Leaders, there are others who work in the background. These include our u3aTimes Editor, Nicole Scully, Speaker Secretary Martin Clark, Webmaster Kevin Wallace, Chris Bunyan and the IT team, Web Administrator and tea rota coordinator Tricia Breen, the AV guys, photographer Bob Holmes and the team who put together the Guide for Members. We owe them all a vote of thanks.

Looking ahead

Following the AGM there will be significant changes to our committee including both a new Chairman and Secretary. New people will of course bring new insight on how

best to manage our u3a but our priorities will remain the same of providing a vibrant u3a with enough volunteers to maintain our organisation in a changing world.

Financial

The attached accounts set out the financial position of Woking Area u3a as at 31* August 2025. The accounts show a deficit of £9,391 compared to a surplus of £6,223 for the previous year which is mainly as a result of reducing most meeting fees to £1 per session.

Income received from meetings was £42,955, a reduction of £16,062 from the previous year. Also, even though our membership has increased this year, so have our costs; primarily, venue hire, printing and postage and payments made to the Third Age Trust.

The accumulated funds for Woking Area u3a as at 31% August 2025 were £60,973 compared with £70,364 for the previous year.

The accumulated surplus will finance the continued reduction in the membership fee to £10 and the reduction in most meeting fees to £1.

Peter Grieve, Secretary (on behalf of the committee)

26" September 2025

Independent Examiner's Report

| report to the trustees on my examination of the accounts of Woking Area U3A, Charity number 1031717 (‘the charity"), set out on pages 4 to 6, for the year ended 31 August 2025,

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). | report in respect ofmy examination of the charity's accounts carried out under section 145 of the 2011 Act and, in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. | have completed my examination. | confirm that no material matters have come to my attention in connection with the examination that give me cause to believe that, in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

P Smitham Chartered Accountant 107 Old Woking Road West Byfleet Surrey KT14 6GHY

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ZL {L, September 2025
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Woking Area U3A Statement of Financial Activities for the year ending 31st August 2025

Notes
2025 2024
£ £ £ £
Incoming Resources
Member subscriptions 16,050 13,570
Gift Aid and donations Z 2,694 2,420
Group meetings contributions 3 41,955 58,017
Outings contributions 4 47,561 31,968
PPS : 3
Commission 719 -
Interest 2,245 992
Other 60) -
Total incoming resources 111,284
—————
106,970
SSS
Resources Expended
Third Age Trust and Membership system
Capitation fees and Beacon 5,188 7,422
PayPal andSumLp fees 384 5,572 296 7,718
Meeting Costs
Venue hire charges 48,353 41,527
Monthlymeetings expenses 1,364 1,688
GL Expenses 357 1,847
Speakers 802 50,876 $90 45,652
Communications with members
Third Age Matters 6 6,451 7,484
Printing 3,503 2,391
Postage, Phone&Website 6,125 16,079 4,896 13,771
Cost ofOutings 4 46,915 30,146
Equipment 198 198
CLA - -
Retirement presents 59 30
Group LeaderandZoom Costs 170 218
30th Anniversary Expenses - 187
30th Anniversary Meals - 2,045
Bannersand Badges 101 -
Sundry expenses 269 234
Examiner's Honorarium 100 100
Depreciation 336 48,148 448
Totalresourcesexpended 130,675,
———————
33,606
100,747
pe
Net incoming resources 9 (9,391) 6,223
Funds at start ofyear 70,364 64,141
Funds atendofyear 60,973
SaaS
70,364
a

26/09/2025

Woking Area U3A

Balance Sheet as at 3ist August 2025

Notes 2025 2024
£ £ £ £
Fixed Assets 7
Equipment 1.008 1.344
Current Assets
Cash 10 78,783 83,010
Prepayments 1 4815 83,598 2,920 $5,930
Less: Liabilities, amounts falling
duewithin one year {2 23,633 16,910
50.965 69,020
Net Current Assets
Total Assets less Liabilities 60,973
Saas
70,364
oe
Represented by
Funds
General Fund 8 60,973 70.364
Total Funds 60,973
eee
70,364
—[——_=

Barbara Nicholson, Chairman

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Susan Galliflent-Holmes, Treasurer
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For and on behalfof the Committee

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Woking Area USA Notes to the Accounts for the year ending 31 August 2025

1 Accounting Policies

Ceneral ‘These accounts have been prepare on the accruals accounting basis under the historical coal convention in accordance with Applicable accounting standards and the Statement of Practiog on Accounting fie Charities, Depreciation Depreciation is provided on equipment in tse at 24% par annum on the reducing balanog basia.

2 Cm Ale

Gift Ald increased due to increase in membership

4 Group Meeting Contribations Group receting contributionsdecreased die to reductionof fee to 21 per meeting.

4 Outings Chitings include visite to places of histories! and cultural interest, theatres and ‘visits in connection with spocifke group interests. “The costs are funded by the members pantbcipating in the outings

3 Expenditure Substantiallythe whole of the exponditureis direst chariiable expenditure, 4 ‘TheCommndcationpayment for Thirdwith AgeMember.Matters relaies 10 the year 2024/25

T Fixed Assets

T Fixed Assets
Coil
AQ beginning of year
Adhiitiona
2025
tf
17,825
=
2024
c
17,825
.
ALena of your Uifa5 7,825
Depreciation
= Atbeginning
ofyear
Charge
foryour
Alend of year
16,481
BR
16.817
14003
ade
16481
Welhook value 1a Ladd
8 Funes
‘The fiance sire eminlyiianestrictedd
9 Net Incoming Kesoances
‘Thenetincressa/{decrense)
in funds during th yearla made up-ax follow
2025
q024
Maun flinel
‘Curings
‘Total
é
(MONT)
646
B3))
4
4a70
1344
622)
10 Cash
Caah is made up nefollows:
202s 2024
Comm«mnlty
Acecunt
Husiness
Saver Awoounit
‘Groupe Account
Renewals Account (formerly Chitrngs acoourt)
MOTO Acvournt
Metro Flank
Skipton ES Bond
Metro Hank Bond
PayPal
Petty Cash
Sum Lp
Total
é
60]
a7326
1441
3,206
4522
7
20,3644
-
L196
.
a
TATRA
t
Bald
19008
16s
31m
aM
1 Prepayments
2023 24
Payments for2024/26outings
and theatre
i
ans
2.920
12 Creditors
a025 2024
2023/26 sabnoriptionsreceived
inadvance
Advance
paymeenia foroutings
Advance
me t for meetings
Examiner'shonoraria
Toanl
i
14610
Aad
Bh
100
23,633
é
12,534
4276

i)
16.910