Wallingford (Thameside) U3A Trustee Report and Review
Looking back on 2021/22 and forward to 2022/23 CHAIRMAN TO THE TRUSTEES REPORT
This, my first year as chairman, started under the restrictions of lockdown, with no live Speake Meetings, Coffee mornings or Group meetings other than virtually. Outings were also suspended. However, earlier in the year, small groups were able to meet, if only outside. Also, Outings restarted and finally, the muchawaited trip to Northumberland went ahead. The ever-popular holiday this year has been arranged for a trip to Southern Ireland. In August last year, we held our first Garden Party in two years which was extremely well attended, and in February this year a very successful Celebration Lunch. Finally, live Speaker meetings restarted in September with a new venue. Due to circumstances beyond our control, we had to relocate our Speaker Meetings to St. Mary-Le-More in the centre of Wallingford, which has been excellently received. We also have the added bonus that Speaker meetings are able to be shown over Zoom for those who still feel vulnerable and do not want to meet in crowds. As always, the chairman could not have done any of this himself and I’ve relied heavily on my excellent committee, who have worked tremendously hard during my tenure, and the previous year during the height of lockdown. It has been due to their efforts that our u3a was able to continue. A big thank you, also, to all the Conveners, Tea makers and to both the Speaker and Outings sub-committees. Remember though, we are all volunteers, and we always need fresh blood to invigorate us. So, please, if you feel you could contribute to your u3a, then contact any of the committee. We’ve also changed the website to be more “user friendly”, so keep an eye on that. The newsletter and the website are our prime methods of communicating with you. We are open to any suggestions you have about what other things we can do; contact by email on our committee emails (found on http://www.thamesidewallingfordu3a.org/contact-page). On behalf of myself and your committee, may we offer a huge thank you to you all for your continued support during very trying times
Ken Johnstone, Chairman
Wallingford (Thameside) U3A Treasurer’s Report to the AGM 1[ST] APRIL 2021 – 31[ST] MARCH 2022
The year opened with cash assets of £13,775.78 and closed with a balance of £15,627.82, being income over expense of £1,852.04.
Our subscription income in the year has increased to £5,674.5 compared to £5,387.50 thanks to extra members (435 versus 426). Gift Aid on your subscriptions, which are regarded as donations, yielded £951.52 this financial
year compared with £935.51 last year. If you are a taxpayer, please let us know if you can opt into gift aid, which costs you nothing.
Postage for newsletters and associated stationery has been much reduced this year as a higher proportion of members receive newsletters by email. As postage rates increase, we ask members using email to choose electronic communication to access U3A information. However, we will continue to post newsletters to any member without email.
Expenditure on computer software and licences of £338.26 (last year £667.67) has included licences to Zoom to enable groups to continue during lockdown. We also provide Zoom now for speaker meetings at St Mary’s. Other software and licences help to improve the appearance of our newsletter and website. Outings have attracted £16,038.99 in ticket sales to members, compared with £0.00 last year! Attendance has been slightly more than planned for several outings, giving a small surplus over the year of £2,730.75 to incorporate into future outings. Payments for the Concorde outing originally planned in 2020 has been carried forward and the outing rearranged this year, while Brighton tickets have been sold in advance of payments to the Pavilion in the new year. Our total funds remain healthy. We have been able to reduce our reserve slightly by hosting the garden party this year, with hospitality and gifts expenditure of £1,356.95 compared with £144.72 last year. This also includes the group convenors’ evening and new members’ tea. Our revived coffee mornings have attracted many members with donations of £261.85 compared with £39.57, and has funded new pots and kettles as well as coffee, tea, and biscuits. These two years have been a test of our need for reserve funds, now at £4,560.46, which we keep for unexpected events lasting for several months. I would like to thank our previous Treasurer, Hilly Bailey for her careful management of funds, enabling us to meet our commitments during the pandemic, and for support from Malcolm Brooks in my taking over as Treasurer I would also like to thank Kieran Moloney for continuing as inspector, and for his diligence in reviewing our accounts. Kieran has kindly agreed to continue in the role for another year. I thank him very much for his conscientious hard work in approving the accounts.
Finally, thank you to all our members who have supported Thameside (Wallingford) U3A during the last two years to continue and develop the activities of our lively U3A.
Anna Harvey Honorary Treasurer 26th April 2022
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THAMESIDE (WALLINGFORD) U3A
ANNUAL ACCOUNTS
PERIOD: 1ST APRIL 2021 TO 31st MARCH 2022
£ £ £ £ £
YEAR Account Name Main Outings Savings YEAR
ENDED Account Number 819147 1234487 1066533 ENDED
31/03/2021 31/03/22
13,234.97 Opening Balance 4,410.40 4,805.40 4,559.98 13,775.78
Income
5,387.50 Subscriptions 5,791.00 0.00 5,791.00
62.65 Singing for Fun 0.00 0.00
935.51 Gift Aid 951.52 951.52
1.17 Bank Interest 0.48 0.48
39.57 Coffee Income 261.85 261.85
0.00 Tickets - sales to members 16,038.99 16,038.99
265.00 Ticket refunds from venues 0.00
Garden party incorrect payment 73.83 73.83
Events - Celebration Lunch 2,361.99 2,361.99
2,000.00 Suspense 117.00 0.00 117.00
8,691.40 Total Income 9,557.19 16,038.99 0.48 25,596.66
Expenses
995.00 Speakers 1,653.50 1,653.50
19.85 Furniture, Office Equipment & maintenance 299.90 299.90
Singing for fun 62.65 62.65
9.60 Other office expenses
100.00 Subscriptions refunds 116.50 116.50
144.72 Hospitality and Gifts 1,356.95 1,356.95
0.00 Coffee Expense 182.79 182.79
667.67 Computer, software licences & maintenance 338.26 338.26
547.96 Printing 568.83 568.83
364.99 Postage (Stamps & Stationery) 157.32 6.50 163.82
35.00 Rent & service charges 848.25 848.25
1,104.80 Third Age Direct Mail for Magazine 976.50 976.50
1,631.00 Third Age Trust Capitation 1,424.50 1,424.50
0.00 Sundry expenses 0.00
100.00 Tickets - purchased from venues 12,881.24 12,881.24
0.00 Tickets -share of commission U3A holiday) 0.00
430.00 Tickets - refunds 358.50 358.50
0.00 Outings Transport Costs 0.00
0.00 Gratuities 0.00
0.00 Member refreshments 0.00
0.00 Returned cheque 0.00
Events - Celebration lunch 2,306.43 62.00 2,368.43
2,000.00 Suspense 144.00 0.00 144.00
8,150.59 Total out 10,436.38 13,308.24 0.00 23,744.62
540.81 Net in or out in the year -879.19 2,730.75 0.48 1,852.04
Uncleared cheques
13,775.78 Closing Balance 3,531.21 7,536.15 4,560.46 15,627.82
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I, Kieran Moloney, the Appointed Inspector of Accounts, have examined the above accounts and found them to be correct.
Signed:
Signed:
Dated:
_____ __ Dated:
_____ __ (Hon. Treasurer)
Wallingford (Thameside) U3A Examiner’s Report
2021-2022 Accounts
I, Kieron Moloney, the Appointed Inspector of Accounts, have examined the attached account and found them to be correct.
Kieron Moloney Examiner of Accounts