HORSHAM UNIVERSITY OF THE THIRD AGE
## Charity No. 1054606
TREASURER’S REPORT AGM 2025 (For the year 1[st ] March 2024‐28[th ] February 2025)
The accounts have been prepared for the year 1[st ] March 2023‐28[th ] February 2025.
The accounts are appended to this Report.
The combined set of Accounts show the Bank Balances at the beginning and end of the period together with the monies received and the payments made during this Financial Year.
The Current Account covers all Income and Expenditure related to the running of Horsham U3A. The Charity Commissioners look for a balance approximately equal to 6 months annual income as reserves, which with the Deposit Account, we more than achieve at the moment. The Current account has a balance of £3,084.96. as of 28[th] February.
The Deposit Account is a savings account used for the reserves. Bank interest received amounted to a grand total of £125.96, making the closing balance £8,006.57.
The Social Account – Covers all Income and Expenditure related to the running of Social Activities, and has a balance of £123.42.
The PayPal account is sometimes used for processing online payments. Current balance stands at £0.00.
All Horsham U3A banking have now been moved to the Co‐operative Bank in order to reduce bank charges and the cost of cheque processing. All our HSBC bank accounts are now closed.
Now for the more detailed report on what has been received and spent on the Current Account; where there is little or no difference on last year, I will not go into too much detail.
## **INCOME**
## Membership Subs
This year’s membership income of £8,556.00 includes subscriptions of £44 paid early before the start of the financial year.
The number of membership subscriptions paid in 2024‐25 is 746.
Donations made with membership subscriptions are accounted for separately.
Contributions to Rent
There are 12 groups who rent accommodation regularly. Another 7 groups make their own arrangements with their venues. Also included in the payments are the rents for committee meetings and general meetings held at the Holbrook Club. Costs have risen this year in line with the general rise in the costs of living and energy.
Sale of Books
From the sales at General Meetings, we received £218.90
Open Day Receipts
£200.53 was raised from the Open Event.
## TAT Grant
Open Day grant from Third Age Trust received was £500.00.
## Donations
Donations this year were £11.61, from members’ overpayment of their subscriptions.
Bank Interest
The interest received during this year was £125.96.
## Gift Aid
Gift Aid Declaration for year ending 29[th] February 2024 is being processed, this has been delayed slightly by the need to change Treasurer and Bank Account details. This should be worth approximately £1070. Gift Aid can be claimed up to 4 years in arrears but I will apply earlier in the year in future.
## **EXPENDITURE**
## Capitation Fees
Third Age Trust costs were £2,508.00.
## Rent of Halls/Rooms
Relates to General meetings, AGM, Open Event and Groups’ accommodation. Costs have increased generally, along with more meetings taking place, resulting in a 7% increase in expenditure. This is covered by members contributions, re‐assessed half yearly. Rental outgoings include storage rental and prepayments for premises ahead of members contributions.
Group Expenses
Group expenses covered Group contributions, for photocopying, printing, library costs, and small general expenses.
Postage
Direct postage costs are again somewhat less than the last Financial Year owing to members opting to receive newsletters by email. Savings have also been made by committee members and our RUG (Really Useful Group) members who have hand‐delivered paper correspondence.
2nd class postage costs increased on 1[st] August 2024 by 11p, from 69p to 80p, although this is still a discount on payments for stamps (currently 85p).
The franking machine carries forward a surplus of £149.61 postage paid for, to the next Financial Year. Total mailings from Mar 2024 ‐ Feb 2025 were 1,418, at a cost of £1,097.88. Accounts report shows what has been invoiced.
Printing & Stationery
Printing and stationery costs were slightly higher, owing to increased supplier costs.
Printing Newsletter
Newsletter costs were lower due to uptake of email deliveries.
Open Event Expenses
Open Events raise awareness of Horsham U3A and its activities. Expenses totalled £377.42 including advertising, balloons, posters, fliers and refreshments. In addition to this, £330.00 is included under rent of halls. The TAT grant has helped cover the cost.
HSBC Bank Charges
Bank Charges were reduced from £198.40 to £60.80. There are currently no charges with the Co‐op Bank.
Speakers Expenses
Costs for Speakers at General Meetings have gone up 17% this is partly due to increased charges and travel expenses. Having said that, the speakers have been entertaining, informative and well received.
Computer Expenses
We have invested £776.99 in three role‐based laptops (Treasurer, Secretary and Membership Secretary). In addition to using more efficient equipment it will provide resilience as each machine is dedicated to the role and can be passed on when the position changes. We have also invested in storage for back up and archiving purposes. We continue to rent the domain name “horshamu3a.org.uk” and internet hosting.
## **SOCIAL ACCOUNT**
This year there was a holiday to North West England area which was taken up by 32 members and was very successful. The Theatre Group enjoyed Calendar Girls, The Other Boleyn Girl and Oliver.
## **OTHER REPORTS**
In common with previous years, I would like to encourage members to pay direct by bank transfer into our account with the Co‐op Bank. The number of cheques is only falling slowly, and is time consuming to account for and administer.
14[th] March 2025
Jeff Brockett ‐ Treasurer Horsham U3A
**HORSHAM UNIVERSITY OF THE THIRD AGE Registered Charity No: 1054606**
## **GROUP INCOME & EXPENDITURE FOR THE PERIOD ENDED 28th February 2025**
|**FY 2023/2024**
302.00 2022-23 Membership Prepay'ts b/f
6,434.50
£
Membership Subscriptions
44.00
£
2024-25 Membership Prepayments
3,632.66
£
Gift Aid
4,109.52
£
Contributions to Rent of Halls & Rooms
-
£
Group Expenses
-
£
One Off Group Excursions
-
£
Refunds
105.71
£
Sale of Books (Gen Mtgs)
-
£
Diaries
92.77
£
Open Day Receipts
-
£
TAT Grant (Open Day)
160.50
£
Donations
111.58
£
Interest Bank Accounts
-
£
Sale of Assets
0.01
£
Miscellaneous
-
£
Paypal testing
-
£
Cancelled cheques
-
£
Suspense account payment
14,691.25
£
Sub total
Social Events 2023-24
Receipts
Holiday Sept 24: North-West England
Calandar Girls
The Other Boleyn Girl
Oliver
Contra Entries
23,712.75
£
Sub total
**38,404.00**
**£**
**FY 2023/24**
**Balances at**
**01 March 2024**
8,108.82
£
Current Account
7,773.26
£
Deposit Account
-
£
Legacy Account
1,513.77
£
No: 2 Social Account
-
£
Co-op Current a/c
-
£
Co-op Social a/c
-
£
Co-op Reserve a/c
13.29
£
Paypal
34,395.32
£
Total Receipts
**53,032.39**
**£**||£
£
£
-
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
**£**
|**YTD 2024/2025**
**FY 2023/2024**
-
**Capitation Fees**
8,477.00
1
2,762.63
£
Third Age Trust
44.00
1
-
£
Sussex Network
3
-
£
Third Age Trust - Licences
4,625.66
4
-
£
-
7,553.21
£
Rent of Halls/Rooms
-
122.90
£
Group Expenses
-
-
£
One Off Group Excursions
218.90
9
-
£
-
1,280.00
£
Postage - General
235.53
6
1,060.80
£
Postage - U3A News(TAM)
500.00
833.42
£
Printing & Stationery
11.61
1
1,120.00
£
Printing Newsletter
125.96
11
-
£
-
216.00
£
FP Mailing Machine Rental, etc
18.96
11
-
£
Diaries
-
281.00
£
Open Day Expenses
-
198.40
£
HSBC Bank Charges
-
11
183.22
£
Computer Expenses
-
£
Capital expense / Assets
-
£
Welfare
480.00
£
Speakers Expenses
-
£
Conference Expenses
57.59
£
Committee Expenses
-
£
Travelling
105.00
£
Technology & Media
-
£
Licences
35.00
£
Miscellaneous
-
£
Paypal refunds and fees
14,257.62
16,289.17
£
Social Events 2023-24
Payments
22,013.00
12
Holiday Sept 24: North-West England
882.00
12
Calandar Girls
794.40
12
The Other Boleyn Girl
2,400.00
12
Oliver
Postage
Bank Charges
-
Contra Entries
26,089.40
24,599.80
£
Sub total
**40,347.02**
**40,888.97**
**£**
**STATEMENT OF ACCOUNT**
**FY 2022/23**
**Balances at 28th February 2025**
1,368.97
1,368.97
£
Current Account
4.20
4.20
£
Deposit Account
-
-
£
Legacy Account
626.72
626.72
£
No: 2 Social Account
5,043.64
5,043.64
£
Co-op Current a/c
-
£
Co-op Social a/c
7,880.64
7,880.64
£
Co-op Reserve a/c
-
£
Paypal
40,347.02
40,888.97
£
Total Payments
**55,271.19**
**55,813.14**
**£**|£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
**£**
£
£
£
£
£
£
£
£
£
**£**|**YTD 2024/2025**|
|---|---|---|---|---|---|
||||||
2,508.00
-
-
-
8,077.35
264.57
-
-
610.00
1,076.80
865.27
863.00
-
796.00
-
377.42
60.80
-
-
-
561.70
-
-
-
1,334.33
-
-
-
17,395.24
22,033.80
1,078.00
1,020.00
2,495.00
-
34.20
-
26,661.00
**44,056.24**
-
-
-
-
3,084.96
123.42
8,006.57
-
44,056.24
**55,271.19**
|
|||£
£
£
£
£
£
£
**£**|1,368.97
4.20
-
626.72
5,043.64
7,880.64
40,347.02
**55,271.19**
|||
I have examined the books and records of Horsham U3A and in my opinion the statements above give a true and fair view of the financial affairs of the charity for the year ended 28th February 2025
**J Brockett Treasurer**
**T Hossack**
**Independent Examiner**
|||**Horsham University of the Third Age**|**Horsham University of the Third Age**|**Horsham University of the Third Age**|**Horsham University of the Third Age**|**Horsham University of the Third Age**|**Horsham University of the Third Age**|**Horsham University of the Third Age**|**Horsham University of the Third Age**||||||||**1054606**|**1054606**||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||**Receipts and payments accounts**|||||||||||||||||||**CC16a**|
|||**For the period**
**from**||**For the period**|**01/03/2024**||||||**To**|||||||**28/02/2025**||||
|**Section A Receipts and payments**
**Unrestricted**
**funds**
**to the nearest**
**£**
**A1 Receipts**|||||**Restricted**
**funds**
**to the nearest £**|**Restricted**
**to the nearest £**|||||**Endowment**
**funds**
**to the nearest £**|||**Endowment**||||**Total funds**
**to the nearest £**|||**Last year**
**to the nearest £**|
|Membership Subs+Donations||**8,533**|**8,533**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**8,533**|**8,533**||**6,639**|
|Gift Aid||**-**|**-**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**-**|**-**||**3,633**|
|Hire of Halls Contributions||**4,626**|**4,626**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**4,626**|**4,626**||**4,109**|
|Group Excursions||**22,013**|**22,013**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**22,013**|**22,013**||**-**|
|Bank Interest||**126**|**126**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**126**|**126**||**-**|
|Open Day Receipts||**235**|**235**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**235**|**235**||**93**|
|Third Age Trust Grant||**500**|**500**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**500**|**500**||**-**|
|Sale of Diaries||**-**|**-**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**-**|**-**||**-**|
|Sale of Books||**219**|**219**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**219**|**219**||**106**|
|Refunds||**-**|**-**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**-**|**-**||**-**|
|Miscellaneous||**19**|**19**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**19**|**19**||**112**|
|Social Activities||**4,076**|**4,076**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**4,076**|**4,076**||**23,713**|
|**_Sub total_**_(Gross income for_
_AR)_|_(Gross income for_
_AR)_|**40,347**|**40,347**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**40,347**|**40,347**||**38,404**|
|**A2 Asset and investment sales,**
**(see table).**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total receipts_**
**40,347**
**-**
**-**
**40,347**
**38,404**
**A3 Payments**
Capitation Fees-Third Age Trust
**2,508**
**-**
**-**
**2,508**
**2,636**
S5~~55~~||||||||||||||||||||||
|Sussex Network||**-**|**-**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**-**|**-**||**-**|
|Third Age Trust Licences||**-**|**-**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**-**|**-**||**-**|
|Hire of Halls||**8,077**|**8,077**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**8,077**|**8,077**||**7,553**|
|Group Expenses||**265**|**265**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**265**|**265**||**123**|
|Group Excursions||**22,034**|**22,034**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**22,034**|**22,034**||**-**|
|Postage||**1,687**|**1,687**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**1,687**|**1,687**||**2,467**|
|Printing & Stationary||**1,728**|**1,728**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**1,728**|**1,728**||**1,953**|
|Mailing Machine Rental+Costs||**796**|**796**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**796**|**796**||**216**|
|Open Day Expenses||**377**|**377**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**377**|**377**||**281**|
|HSBC Bank Charges||**61**|**61**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**61**|**61**||**321**|
|Computer Expenses||**1,334**|**1,334**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**1,334**|**1,334**||**183**|
|Speakers Expenses||**562**|**562**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**562**|**562**||**480**|
|Committee Expenses|||||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**-**|**-**||**58**|
|Miscellaneous|||||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**-**|**-**||**140**|
|Social Activities||**4,627**|**4,627**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**4,627**|**4,627**||**24,477**|
|**_Sub total_ **||**44,056**|**44,056**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**|||**44,056**|**44,056**||**40,889**|
|**A4 Asset and investment**
**purchases, (see table)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**_Total payments_**
**44,056**
**-**
**-**
**44,056**
**40,889**
**_Net of receipts/(payments)_**
**- 3,709**
**-**
**-**
**- 3,709**
**2,485**
**A5 Transfers between funds**
**-**
**- -**
**-**
**A6 Cash funds last year end**
**14,924**
**- -**
**14,924**
**17,409**
**_Cash funds this year end_**
**11,215**
**-**
**- 11,215**
**13,700**
== ===
=====||||||||||||||||||||||
CCXX R1 accounts (SS)
20/12/2025
1
**Section B Statement of assets and liabilities at the end of the period Unrestricted Restricted Endowment Categories Details funds funds funds to nearest £ to nearest £ to nearest £ B1 Cash funds** Current account **3,085 - -** Deposit account **8,007 - -** Paypal **-** Social account **123 - -** _**Total cash funds**_ **11,215 - -** ~~—===~~ **Unrestricted Restricted Endowment funds funds funds B2 Other monetary assets Details to nearest £ to nearest £ to nearest £ - - - - - - - - - - - - - - -** ——=——— **B3 Investment assets Fund to which Current value Details asset belongs Cost (optional) (optional) - - - - - - - -** SSS **B4 Assets retained for the Fund to which Current value Details asset belongs Cost (optional) (optional) charity’s own use - - - - - - - - - - - - - - - -** —_= **B5 Liabilities Fund to which Amount due When due Details liability relates (optional) (optional) - - - -** SSS **-** Signed by one or two trustees on behalf of all the trustees Date of Signature Print Name approval Treasurer, Horsham U3A **Jeff Brockett 18/12/2025**
Treasurer, Horsham U3A
CCXX R2 accounts (SS)
20/12/2025
2
| |
## ip’) CHARITY COMMISSION | Independent examiner's report on the ead! | FOR ENGLAND AND WALES | accounts
## Section A Independent Examiner’s Report
## Reporttothe trustees
**----- Start of picture text -----**
Reporttothe trustees |re ||
Horsham U3A |
On accounts for the year | 28" February 2025 Charity no | 1054606
ended (if any) |
Set out on pages | Attached hereto.
Lessescpauonererec ate at ES TNC SUS eg a Rg a a
| report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended ‘
**----- End of picture text -----**
- Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (‘the Act”).
| 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, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
- Independent
- examiner's statement | have completed my examination. | confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- e the accounting records were not kept in accordance with section 130 of the Charities Act; or
- e the accounts did not accord with the accounting records; or e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other maiters 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.
**----- Start of picture text -----**
* Please delete the words in the brackets if they do not apply.
Signed: fe [ii] | Date: | 17" December 2025
Name: | Timothy Hossack
Relevant professional | Retired (Chartered Management Accountant)
qualification(s) or body
**----- End of picture text -----**
(if any):
**----- Start of picture text -----**
Address: | 46, Chessall Avenue,
**----- End of picture text -----**
IER
1
Oct 2018
ISIESIF | Horsham |
SeCuon Bo2 close a lees ee ee so Se eaten Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of | any items that the | examiner wishes to | disclose. | | | | || | | |
IER
s
Oct 2018