## **Trustees’ Annual Report for the period from 01.01.2024 to 31.12.2024**
## **Charity name: Wokingham University of the Third Age (Wokingham u3a) Charity registration number: 1049995**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objectives and principal activities of
Wokingham u3a are:
The advancement of education for people
who are retired from full time work, including
associated activities conducive to learning
and personal development.
The committee continues to take account of
these objectives in its management and
stewardship of Wokingham u3a’s affairs and
finances.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|What?
Education/Training
Arts/Culture
Sport/Recreation
Who?
People no longer in full time
employment
How?
Provides interest groups on a variety
of subjects for members
Arranges events and activities for
members
Holds monthly speaker meetings for
members|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees confirm they have had regard
to the guidance issued by the Charity
Commission on public benefit.|
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Wokingham u3a, established in 1990, is one
of the largest u3a organisations
nationally.
Our membership continues to increase and
the trustees are delighted that membership
stood at 2640 on 31 December 2024.
Activity groups number around 190.
Activities covered by groups include
education, arts & culture, research,
sport/recreation, and support for single
members.
The trustees would like to thank the
excellent group convenors for their
contribution to the success of our u3a.
Due to our healthy financial position,
membership subscriptions for existing
members were waived for 2024. The cost for
new members joining during the year
remained at £8.00 per annum.|
## **Financial Review**
|Review of the charity’s
financial position at the end
of the period|Para 1.21|Membership subscriptions are our main
source of funds.
2024 membership renewal rate continued at
a high rate, in line with expectations.
Subscription fees to the national body, the
Third Age Trust, represent our
major cost item at £4 for each of our
members, which was allowed for in our 2024
budget.
Communication costs in the year were again
at a low level as we rely on electronic
communication for the majority of our
members.
Funds are held with the bank.
The financial situation was monitored
constantly & reported regularly to the
trustees.|
|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Charity’s policy is to have sufficient
reserves to:
Meet unexpected outlays required for the
operation of the charity in accordance
with its charitable objectives.
Hold a prudent amount of cash reserves
to provide for working capital
requirements.
Replace obsolete equipment.
Fund the development of new groups
within the charity.
Fund approved activities carried out by a
group that are available to all members
of the charity.|
|Amount of reserves held|Para 1.22|£17,907|
|Reasons for holding zero
reserves|Para 1.22|N/a|
|Details of fund materially in
deficit|Para 1.24|N/a|
|---|---|---|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/a|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution adopted 1995: amended 2005,
2009, 2013, 2018 & 2021|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Trust|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees elected annually by ballot at the
Annual General Meeting|
## **Reference and Administrative details**
|Charity name|Wokingham University of the Third Age|
|---|---|
|Other name the charity uses|Wokingham u3a|
|Registered charity number|1049995|
|Charity’s principal address|PO Box 3664
Wokingham
Berkshire
RG40 9PA|
## **Names of the charity trustees who manage the charity**
||**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee**
**(if any)**|
|---|---|---|---|---|
|1|Juliet Hanfling|Chair|||
|2|Glynis Leeson|Vice Chair|||
|3|Linda Penny|Secretary|||
|4|Juliet Hurwitt|Treasurer|||
|5|Mike Luff|Speakers’
Secretary|||
|6|Rodney Fox|Groups
Coordinator|||
|7|Libby Good|Events
Coordinator|Elected 12 March
2024||
|8|Sylvia Mason|Social Media
Coordinator|Elected 12 March
2024||
|9|Aline Rogers|Website
Coordinator|Elected 12 March
2024||
|10|Gill Gardner|Finance &
Systems
Coordinator|Retired 12 March
2024||
|11|Jim Callaghan|Website
Coordinator|Retired 12 March
2024||
## **Funds held as custodian trustees on behalf of others**
|Description of the assets
held in this capacity|N/a|
|---|---|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/a|
|Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|N/a|
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
## **Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**|Juliet Hanfing|Glynis Leeson|
|---|---|---|
||||
||Juliet Hanfling|Glynis Ann Leeson|
**Date** 4/3/2025
Wokingham-u3a Annual Reports 2024 FINAL
## Wokingham u3a
|Receipts and Payments Account for year end:|31/12/2024|||||
|---|---|---|---|---|---|
|Notes:||£|£|||
|Wu3a Main Receipts||2024|Increase/D|||
||||ecrease|||
|Subscriptions||3,064|18,704|-15,640|Free membership in 2024 from March to reduce Wu3a's reserves, in line with charities commission guidelines.|
|Gift Aid||1,618|1,999|-381|Reduced due to free year, partly offset by new members and timing between 2023/24 subs receipts and reclaim.|
|Donations||33|259|-226|Duplicate receipts of subs/other over payments that can't be allocated elsewhere.|
|Interest received||84|74|10|Consistent year-on-year.|
|Meetings receipts||1,419|1,461|-41|Mainly speaker meetings x12 at £2 pp which varies per meeting.|
|||6,218|22,496|-16,278||
|||0||||
Free membership in 2024 from March to reduce Wu3a's reserves, in line with charities commission guidelines. Reduced due to free year, partly offset by new members and timing between 2023/24 subs receipts and reclaim. Duplicate receipts of subs/other over payments that can't be allocated elsewhere. Consistent year-on-year. Mainly speaker meetings x12 at £2 pp which varies per meeting. Increase in Groups activities, days out, theatres etc. Many new groups, and new members joining groups.
|Wu3a Group Receipts
Subscriptions
95,883
93,645|-1
CAF monthly fee £5/mth x2 accounts, no cheque processing fee in 2024.
-217
Dell Inspiron 15 (3520) laptop. Various small items Asset Sales.
663
Annual AGM & Subs Mailing increased postage to more members.
-895
Cancellation of monthly Zoom fee.
814
First Aid Course (Cylcing Groups), Independent Examiners.
-35
Room hire trial session in 2023
186
Consistent YoY - Room hire, external speaker meeting fees, refreshments.
139
Consistent YoY - Timing difference on year end members v when the invoice is paid to TAT. Increased members.
-159
1,725
-940
3,212
3,837
Meeting expenses, mainly recruiting new helpers.
Consistent YoY - eg. Prizes, equipment (pickleball bats), licenses (zoom, radio).
Increased number of Groups and Events team activities. Deposits for future events eg. 35th Anniversary party 2025.
Increased members participation.
Timing - some invoices paid early some in advance, and monthly v quarterly.
Tai Chi, Pilates etc, increase in fees and number of tutors. Events Group - Xmas lunch catering £1,800
28
682
2,238
-14,040|
|---|---|
|Total Receipts (Difference is Bank Interest)
102,101
116,141||
|Wu3a Main Payments
Bank Charges
120
121
Capital Equipment purchase/sale
224
441
Communications
3,135
2,472
Computer, website, IT
2,080
2,975
General expenses
936
122
Group development
0
35
Meetings expenses
1,564
1,378
Third Age Trust Membership subscription
9,723
9,584
Trustee expenses
Wu3a Groups Payments
General
Outings
Room Hire
Tutors
51
17,833
0
5,442
24,817
50,246
12,547
93,052
23
17,151
5,601
23,093
51,186
9,335
89,215||
Mainly due to free memberhip in 2024, reduced mailchip costs, Zoom cancellation.
Receipts and Payments self funding the groups' activities.
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
|**Report to the trustees/**|Charity Name Wokingham University of the Third Age|Wokingham University of the Third Age|Wokingham University of the Third Age|Wokingham University of the Third Age|
|---|---|---|---|---|
|**members of**|(Wokingham U3A)||||
||||||
|**On accounts for the year**|31 December 2024|**Charity no**||1049995|
|**ended**||**(if any)**|||
||||||
|**Set out on pages**|||||
|||1 and 2|||
||I report to the trustees on my examination of the accounts of the above|I report to the trustees on my examination of the accounts of the above|||
||charity (“the Trust”) for the year ended 31 December 2024.||charity (“the Trust”) for the year ended 31 December 2024.||
**Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation of **basis of report** the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent examiner's** I have completed my examination. I confirm that no material matters have **statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
.
06/03/2025 ~~oe~~ **Date:**
**Signed:**
|**Name:**|Rob Melhuish
~~Cs~~|Rob Melhuish
~~Cs~~|
|---|---|---|
|**Relevant professional**||ICAEW|
|**qualification(s) or body (if**|||
|**any):**|||
|**Address:**|||
|||Accountwise Ltd|
|||Innovation House, MollyMillars Close, Wokingham, Berkshire, RG41 2RX|