The Haslemere U3A Trustees. Annual Report for the perlod from I Sep 2021 to 31st August 2022 Oblertlves and A¢ilvltles The charitsble purposes are as set out in the constltutton, to advance educatlon and In particular the education of people not in full time gainful employment who are in their third age (being the perbod of tlme after the first age of chlldhood dependence and the second age of full time employment and / or parental responsibllltyl residing in Haslemere and Its surroundin8 locality. Publlc Benefit The trustees consider thelr activltles operate in the publit benefit, in accordance wlth the duty imposed by section 4 of the 2006 Charitles Act. The Trustees have also had regard to the guldance on public beneflt published by The Charities Commission. Achlevements We have now emerged from the covld parKlemlc and are no longer subject to any COVID restrlrtions. Few of our aroup meetings are now held remotely whlch Is a welcome return to nomality. Our normal monthly speakets meetlrw took place throughout the year and our Group Leaders party took place once again In June. We have produced a smart new flyer for publlcty purposes. whlch has much more information and pictures than our last versK)n. deals with a few of the myths surrounding u3a and has been well-received. The intention is to update this annually each July. It has been distributed to various lo¢al venues and used on our recruitment stslls. which have now become a regular feature at local events. By makin8 an eflort to meet local people at these, by renewing our press releases to the local rwspaper and free local ma8a2ines and by use of our Facebook page, we have been able to continue raising our profile in and around Haslemere. We now have a number of members who are still worklng part-time and thls appears to be continuing trend- a very welcome development, as these people tend to be younger and more artive, It hoped that they will attract some of thelr part-tlme working colleagues to our ranks. Our monthty Members Newsletter has been improved, with more Items and illustration5 in it. This is emalled to members. placed on our website and posted on our noticeboard. We continue to Improve our webslte, thou8h for a few of our 8roups there15 Still room for improvement in updating the inforniation on their pages. Our excursion5 have been well-attended. These included visits to Ken5inBton Palace, the Mechanical Music Museum and Royal Courts of Justice. Regular quiz evenings have been introduced and are prowng a success. We have tsken steps to be more welcoming to everyone. partFcularly new rnembers. Meeting and greeting people at Enrolment Day and at monthly speakers meetin85 is now a
regular feature, while we have also introduced a coffee morning for new members eath September. Structure. 10MnCe and managnefit The governing documert for Haslemere U3A 15 the constitutlon of Haemere U3A. adopted at the AGM on 14 November 21)OS and amended at the AGM on 14 November 2016 and at the AGM on 8 November 2021. The charity Is a community benefit soclety New charity trustees are elected by rnembers according to constitutlon above. Admln Detalls N*me: The Haslemere U3A Ch•rlty Wlstrntk)n Number. 1053409 AddrnM: Haslemere Hall. Brldge Road. Haernere. GU27 2A5 The Trustees In the year 2021 to 2022 were: Allen Chubb Chalrman Robert Serman MBE Vlce Chairman Warwlck Lywood Treasurer Amanda Blanks Secretsry Janet Clare Fripp MBE Membership Secretary Lorna Wright Gmups Ctrordlnator Diana Serman Accommodath?n Secretsry Jock Gardner speake Secretary None ofthè tntstees receive any remunerntion for their ser¥ice& There are no employees. Trustees meet regularly around twelve times a year. Trustees incurrin8 necessary expenses are reSmbursed. Flnancial Review Revlew of Flnanclal Posiilon The past year saw a rlse In membership from 610 to 674 members as a result of everjvne emerging from Covid 19. The income and expenditure Vre both substanlialy hIgr in 2021122 compared to 2020121. due to a retum in activity from COVID. There was a cash deficit for the year of £519), but exduding the payment ts last yearfs Thir(l Age Trust magazine. there an opetating dgficit of £3547.
Resems The charity had reseryes of £29074 at the end of the financial year. None of the reserves are restrfrted. Reserves are held to cover defiats during underperformin8 years. The current reseryes are higher than requlred and It Is Intended to continue a policy of sub5idisin8 some actNities, especially new ones. In order to reduce our resep•es. The Investment polScy of the Trustees is to hold surplus fvnd5 In a mlxture of a low rlsk deposit account and a hlgher risvreturn equity investment fund. The a¢¢ounts are prepared on a 8oln8 concern ba$ls as: Annual subscriptlons can be adjusted to cover our per capita fixed costs whlle we reduce our reserves and to cover all fixed costs when reserves have been reduced. Cla55es and events wlll be charged to break even over the year. Accountln8 Polldes The accounts are prepared on a "recelpts and payment< {cashl basls. The holdings in the COIF Global Equity Fund are valued at the mid market price Trusteeg ReSpOnbIll¢le$ for the Flnanclal Statements The financial ststements have been prepared in accordance with the accountln8 polkles above and compty wlth the chariWs 8overnlng document. the Charlties Act 2011 and the °Accountln8 and Reportlng by Charities: Statement of Recommended Practice applicable to charities preparln8 their accounts In accofdance with the Financial Reporting Standard" for Smaller Entltles publlshed In October 2019.
Statement of Financtal Activities for the riod ended 31 Au ust 2022 Rttelpts and Payments to 3118121 Rwlpts Annual membershlp fees Jolnlngfee5 Class fees Trlps and vlsits Glft Ald 3.317 10,498 576 CJonation$ Income from Investments Totsl Int4yne Payments Class expenses Rents General meetlnAspeakers General meetlngother Trips and visits Web expense5 Prlntlng, Postage and 5t*lonery Publldty Yearbook Third Age Tnjst lthazlne Third Age Trust fee5 Funrtlons S118ne0US expendlture Paypal bank charges ment Total ex ndltu us for Recei s from COIF e Total net cash In¢om¢ 419 3,532 11.428 L212 144 9.614 215 517 127 1947 145 1773 742 146 55 381 ios 14 241 fund sales Assets and U•bllltl•s Uoyds bank main account Uoyds bank membershlp xcount Paypal account COIF equity fund COIF deposit fund Cash floats Uabllltles Payments due forTAT magaine Totsl net assets 1259 1653 L158 949 19,269 233 11.254 -1,642 29,Ir14
(thr Fl••ndal I¢Mlan Capital gain from COIF equity fund Rewndll*lo Total net assets 3V8121 nus Ilabilityon 3VW21 Sufplus for 2021122 Capitsl 8ain from COIF equlty fund Total net assets 31 21 .£L3 3,gB £1642 -£1,321 All figures in the table are ro•JrKI to the nearest pound. Warwlck Lywood Treasurer Slgned on behalf of the charltles trustees Slgnature Full name Allen Chubb Posltlon Chalrman Oate
INDEPENDEpif EXAMINEWS REPORT TO THE TRUSTEES I report on the Financial Statements for the period ended 31 August 2022 which are set out on pages 4 to 5. Respedfve Responslbllltles of Tntstee5 and Examlner The charivs Trustees are responsible for the preparation of the accounts. The charitys Trustees consider that an audit is not required for this year under sectlon 144121 of the Charities Act 2011 (the 2011 Att). At the request of the Tru5tee5.1 have condutted an Independent examination. It Is my responsibility to: • examine the accounts under sertion 145 of the 2011 Act follow the procedures laid down in the general directions 8lven by the commlsslon under sertion 14515)Ibl of the 2011 Act • state whether partlcular matters have come to my attention. Basls of Independent EmIn•$ R•port My examlnatlon wa5 carrled out In accordance with the General Dlrections 8lven by the Charlty Commission. An examination includes a review of the accountlng records kept by the charlty and a comparison of the accounts presented with those records. It a150 Includes conslderatlon of any unusual Items or dlsclosures In the accounts and seekin8 explanatlons from you as Trustees concernin8 any such matters. The procedures undertaken do not provlde all the evidence that would be requlred in an audit. and consequently no opinion is 8lven as to whether the accounts present a 'true and fair vlev/ and the report Is Ilmlted to those matter5 Set out in the next statement. Independent Ex*mln•rfs St•tM ID connectlon with my examlnation, no matter has come to My attentlon: whlch 8lves me reasonable cause to belleve that in any materlal respert the requirements: to keep accountln8 records In accordance wlth sectbon 130 of the Art: and to prepare accounts vthith ac¢or(I tth the accountlng records and to comply with the accourrtln8 requlrements of the 2011 Act have not been met: or to which, in my opinion. attention Should be drawn in order to enable a proper understandin8 of the accounts to be reached. Si8natu Full name David Dullaway Date