Accounts for 1 Sept 2023 to 31 Aug 2024
Sheet 1 of 3 5 Oct 2024
U3a Banstead Area Registered Charity No 1049254
| INCOME Members subscriptions for this year Members subscriptions for next year Group donations for hall hire & trips Open Meetings & Events Banstead Arts Festival Odette Ellicot Legacy Fund Gift Aid Reigate and Banstead Borough Council Grant Miscellaneous EXPENDITURE Printing/Stationery Newsletter/Publicity Telephone/Postage Banstead Arts Festival expenses Hall Hire for Banstead Arts Festival - paid by u3a Hall Hire for U3a business - paid by u3a Groups Hall Hire - paid by u3a Groups Hall Hire - paid by group Trips etc. Speakers / instructors Entertainers Expenses from meetings, catering etc Subscription refunds Bank Charges TAT Affiliations/ Insurance / Copyright Licence TAT U3a magazine Beacon (membership database) licence fees IT equipment Repayment to TAT for the U3a Banstead to take control the OELF Miscellaneous |
2023-24 (£) 8,038 2,914 9,120 1,222 978 243 1,347 4,900 78 28,840 538 1,669 238 284 159 1,907 5,757 4,577 2,785 385 945 535 289 94 2,564 1,277 629 100 1,700 201 26,631 |
2022-23 (£) 6,353 2,045 2,867 14 1,037 5,000 - - - |
|---|---|---|
| 17,316 | ||
| 418 - 12 594 143 1,049 4,579 3,173 - 580 - 99 110 123 2,615 1,242 628 76 - 30 |
||
| 15,471 |
LIABILITIES
Members subscriptions received in 23-24 for 24-25 2,914 2,045
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Accounts for 1 Sept 2023 to 31 Aug 2024
Sheet 2 of 3 5 Oct 2024
U3a Banstead Area Registered Charity No 1049254
| 2023-24 (£) Hall hire costs incured in 23-24 that will be paid in 24-25 155 Monies paid by groups in 23-24 for hall hire in 24-25. See Treasurer's report for detai 1,052 Monies collected for trips in 23-24 that are to be paid for in 24-25. 820 4,940 SURPLUS/(DEFICIT) FOR THE YEAR 2023-24 Expenditure from previous year 22-23 90 Income (including £2,045 subscriptions for 24-25 paid in 23-24) 30,885 Hall hire for groups in 24-25 paid by U3a in 23-24 195 Expenditure (26,631) Liabilities (4,940) (402) EXPENDITURE FROM PREVIOUS YEAR Cheques written during 22-23 but cashed in 23-24 - RING FENCED MONEY ON BEHALF OF GROUPS See Treasurer's Report for details 426 HSBC BANK ACCOUNT (ACCUMULATED FUND) Sept 2023 to Aug 2024 Opening balance 1st September 2023 5,412 Income (including subscriptions paid in 22-23 for 23-24) 28,840 Expenditure (26,631) Total Balance bank account 31st August 2024 7,621 ODETTE ELLICOTT LEGACY FUND (OELF) COIF Charities Fixed interest Fund - at valuation 02/09/2024. See note 1 38,862 Withdrawals - Balance at 02/09/2024 38,862 RESERVES Cash reserves (not including OELF) on 31st August 2024 2,254 Jennifer Russell - Hon. Chair Anthony Goddard |
2022-23 (£) 90 805 - |
|---|---|
| 2,940 | |
| 17 18,260 - (15,471) (2,940) |
|
| (134) 17 |
|
| 460 | |
| 3,567 17,316 (15,471) |
|
| 5,412 | |
| 40,300 (5,000) |
|
| 35,300 | |
| 2,473 | |
| - Hon. Treasurer |
Note:
- The 2022-23 figure was reported as £68,276 in error and should have been £40,300. This was due to the COIF financial statement issued by TAT on 31 March 2023 being unclear. A total of £63,276 was shown on the front page. A more detailed examination
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YE 31AUG24
U3a Banstead Area Accounts for Registered Charity No 1049254 1 Sept 2023 to 31 Aug 2024
Sheet 3 of 3 5 Oct 2024
2023-24 (£)
2022-23 (£)
revealed that £22,976 of this money was TATs and not the U3a Banstead's. Hence the value of the the U3a Banstead's OELF was £40,300 for 2022-23.
Independent Examiner's Report to the Trustees of U3A Banstead Area
I report to the trustees on my examination of the accounts of U3A Banstead Area for the year ended 31 August 2023, which are set out above.
Responsibilities and basis of report
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").
I report in respect of my examination of U3A Banstead Area's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all of the applicable Directions given by the Charity Commission under section 145 (5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records.
I have no concerns and have come across no further 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.
Imran Ghaffar - Independent Examiner
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