Burgess Hill
Year End Accounts 311)ecember 21Y25
Income and Ex ndtture
Income
2024
Membership Subscrlptlons
Gift Aid- Note I
Grant/s, Tran5ferls. Donationls
Events
Monthly Meetings
Group Meetings
Bank interest
Miscellaneou5- Note 2
8,427.00
2,699.27
8.390.00
1.327.(K)
2.762.IXI
364.50
17.640.70
1,580.55
1,664.82
2,923.CKI
119.cil
17,270.
1,827.LXJ
1,018.C(I
TOTAL
32 874.IXI
Ex
endlture
Third A8e Trust/Natlonal Office
New51ink & Printing
Admlnlstration
Awareness and Promot5on
Monthly Meetings
Group Meetlngs & Venue Hlre
Other Meetin8S
Events
Mlscellaneous - Note 2
Depreclaton
OTAL
4.156.16
3.478.38
1.066.51
219.99
986.32
17,578.27
571.94
2.412.99
1.606.60
4,111.(M)
3,246.00
421.00
1.164.
1,209.(KI
16,912.00
831.00
2,965.LK)
70.00
32 077.16
30.929.(XI
Excess Income over exPendI￿re
Flxed
Purchase of equipment over £5(Kl'.
Depreciation of equipment..
Net book value carrled fwd:
Bank and De
osit Accounts
Current Account Lloyds Bank
Year end adjustments
5.616.70
2.555.02
UT8 120 day notlce account
Year end adlustments
Total..
36,0(Kl.(Kl
36,000.00
1,267.00
39 8Z2.02
41616.70
Notes to the a¢wunts
Note l- the claim for the Gfft Aid relates to Yea￿ 2024 and 2025
Note 2- Miscellaneous includes the cost of Beacon £566 and repayment of short term loan of £l,LMJ).

Reserves Poli
At the Board of Trustee5 Meetlng of 12 September 2023 It was agreed that the level offinancial reserves
should be kept at no less than 6 months. A5 at 31 December 2025 the flnancial reserve5 were £41.617 and
annual expenditure was £32,077. 50 reserve5 were at 14 months.
Fees Poll
The Board of Trustees policy on membership fees and group meeting fees is that they should remain at the
same level In 2026 as for 2025. Going forward it is planned to malntain current levels of membership fees and
group meeting fees for as lon8 a5 fvnds allow.
Group meeting fees wlll remain the same for those groups were the income balances or does not exceed
income by a reasonable margin. In those few cases were expenses are considerabfy in excess of the group fee
income, alternative arrangements wlll be made on a case by case basis in conjunrtion with the Group Leader
and Convenor.
The following events were held duftn8 2025: Beetle Drl¥e. Orion Clnema. Chrlstmas Lunch. These events were
funded by the members who participated in each event Overall income was £ 2,762 as a8ain5t costs of £2,413
which resulted in an excess of income over expenditure of £349.
Independent examlnees rep¢J *ito the trnstees ol Bur8ess Hill U3A
I report to the Trustees on my examination of the accounts for Burgess Hlll U3A {the Trnst) for the year ended
31 December 2025
Responslbllltles and basls of the re
As the Charity Trustees of the Trust you are responsible for the preparation of the accounts in accordance wlth
the requirements of the Charities Act 20111.the Art"). I feport In respert of my examinatlon of the Trust's
accounts carried out under Section 145 of the 2011 Art and in carrying out my examination I have followed all
the applicable Directions gNen by the Charity Commission under Sertion 14515llbl ol the ACL
Independent Examlnees Ststement
I have completed my exam5natlon.
I conflrrn that no materlal matter5 come to my attentlon in connectlon wlth the examlnation 8lvln8 me
cause to belleve that In any material respert: l. accountin8 record5 were not kept in re5pert of the Trust as
requlred under Sectlon 130 of the Ac¢. or 2 the accounts do not ac¢ord wlth those records.
I have no concerns and have Con￿ across no other matters in connettion wfth the examlnation to which
attention should be drawn In this report In order to enable a proper understsnding of the accounts to be
reached.
Name of Examlner: jac￿ Cadle A
s￿ned.
lo
Address:
123 Junction Road, Bur8ess Hill, West Sussex. RH15 OJL

2nd Marth 2026
Pleasè referto th• attached Final Year End knunts for2025. These have been examlned and
approved by our new IndeperKlent Examiner, Jacky Cadle, who has had experien￿ of
revlewin8 a¢wunts at the Uniter Reform Church, BU￿esS Hill.
Th• Year ErKI accounts for 2025 show that Burgess HIII U3A had excess Incorne over
expendlture of £3,061 That Is n)Dre than I had budgeted arKI more than last year. Slnce w•
already have a large reserve of fvrKls from previous years, I do not plan to have income sn
exC￿dI￿ expendfture. This unplanned I￿reaSe In Income was wrttry due to.
an unexpected 81ft of £621 from Revierd Travel-a travel company that had been used
by one of our members after seeing an advert In "U3A Matter<.
An extrn £1.350 from Gift Ald. due to having claimed for the past 2 years, instead of
Just I ￿*r.
Income from group5 that use hlred premises was sufficlent to pay the venue hlrfrq costs.
Membershlp income of £8,427 was suffi¢lent to cover head office costs (Includlnz Thlrd A£e
Matters) as ¥￿11 as for prfntln8 arKI postin8 NewsLink. Gift Aid irKome was higherthan in 2024
due to t￿ Increased membershlp and du• to claimirva y•ars. Bank Interest recelved frorn
the Unlted Trust Bank VAS £IWO. Ot￿r costs and Income are close to bud8et and rnuch as
•xpected. Events are baskally self-fundlry• or makn a small excess Irthme over exp•ndltur•.
3ur8•ss Hlll U3A contlnues to be In a very strorq financlal posltlon. W• have two bank
accounts. The currnnt account at Uowts bank whlch Is used forall our payments and recèlpts
and the savlngs ac¢ourrt Jt t￿ Unlted Tnis¢ B•nk {irr8) whkh earns Intsrest at th• wrrent
Bank of England rate. I try to keep the amount of funds at UTB as h¥h as possible to eam
Interest, whlle stlll retsinin8 sufficient Money for oTrgoin8 expenses in the LW$ account.
The recent charrfe In the bank rats has reduced the UTB Interest recei4*d to 3.75%, and so
bank Interest thls year ts •xp•ct•d to r•duce to about ll.￿.
On 31sI D•¢ember 2025 t￿ balances at these bank aecounts ￿lre as foll¢)ws:
Uoyds Currert ￿￿Ount
Unlted Trust Bank Savln85 AcC￿rt
Total Assets
£5.617
£41*17
There ￿d5 tha additsonal cost of £566 durirq 2025 to pay for tho Beacon datsbase. Beacon
durlng the Current year and thereafter will continue to be an expense of about £61￿ pa.
In the year to 31 December 2026, 1 arn not expecting the t¥Yo unplanned ftems of Income
mentioned above. Furtherniore. there will be less bank interest received due to the lowering
of the Bank of England Bank Interest Rate and there rnay by Infla￿On pressures on some of
our venue costs. Considerlrq these frdctors, l anticipate the Income and Expendlture will be in
balan￿ at the errfl of 202&