|**Income**|Note<br>s|**2022/23**|**2021/22**|
|---|---|---|---|
|Membership fees receivable|1|27,971|23,930|
|Groups income|2|92,436|54,643|
|Summer programme and events|3|593|6,993|
|Gift Aid received||3,843|0|
|Bank interest received||537|164|
|Other income|4|1,327|448|
|||**126,707**|**86,178**|
|**Expenditure**||||
|Groups expenditure|2|81,604|50,627|
|Stripe admin fees||761|673|
|Subscriptions and licences|5|19|3,059|
|Summer programme and events|6|6,887|9,257|
|Communications|7|3,800|6,378|
|Third Age Trust|8|13,162|7,268|
|Governance and compliance|9|1,049|1,242|
|Drop-in and new member meetings||1,766|1,682|
|AGM||402|989|
|Miscellaneous|10|2,037|2,081|
|Depreciation||1,212|1,469|
|||**112,699**|**84,725**|
|**Surplus for the year**||**14,008**|**1,453**|



**Ilkley & District U3A: Accounts for the year ended 31 July 2023 Income & Expenditure Account: Year to 31 July 2023** 

1 



## **Balance Sheet as at 31 July 2023** 

||**31**|**31**|
|---|---|---|
||**July**|**July**|
||**2023**|**2022**|
|**Fixed assets**|||
|Equipment & other assets|8,135|7,697|
|Depreciation reserve|(4,500)|(3,289)|
|**Total fxed assets**|**3,635**|**4,408**|
|**Current assets**|||
|Current account|18,614|6,011|
|Deposit account|20,635|20,479|
|Membership account|46,150|41,303|
||**85,39**|**67,79**|
|**Total current assets**|**9**|**3**|
||**89,03**|**72,20**|
|**Total assets**|**4**|**1**|
|**Current liabilities**|||
|Membership fees for 2023/24 received|||
|in 2022/23|22,599|19,014|
||**22,59**|**19,01**|
|**Total current liabilities**|**9**|**4**|
||**66,43**|**53,18**|
|**Total net assets**|**5**|**7**|
||**53,18**|**45,35**|
|**Accumulated funds as at 1 August 2022**|**7**|**6**|
|Surplus from income and expenditure|||
|account|14,008|1,453|
|Surplus held in individual group bank|||
|accounts|(760)|(172)|
|2|||





**Accumulated funds as at 31 July 2023** 

**66,43 53,18 5 7** 

3 



## **Accounting Policies** 

Accounts have been prepared on an annual basis following the Charity Commission’s Accounting and Reporting by Charities: Statement of recommended practice (SORP), 2005. The financial statements are prepared on a receipts and payments basis with the exception of membership fees which reflect the fees receivable for the 2022/23 accounting year on an accrual’s basis and in accounting for depreciation on Fixed Assets. 

## **The Northern Towns, Drama, Railway, Science & Technology, and Circle Dance (Otley) Groups** 

Appropriate accounts and financial statements, where available, showing their current financial  position have been prepared and are consolidated in the main Ilkley & District u3a accounts. 

## **Gift Aid** 

Gift Aid has been claimed for 2022/23 but was not received until September 2023 (financial year 2023/24) 

## **Fixed Assets and Depreciation** 

Fixed assets are capitalised and depreciated where appropriate. Depreciation is calculated at 25% of the net book value of the assets brought forward plus any expenditure on fixed assets incurred during the year. 

## **NOTES TO THE ACCOUNTS** 

## **1) Membership Fees** 

Membership Fees Received in 2022/23 £31,736 Plus fees relating to 2022/23 received in 2021/22 £19,014 **£50,75 0** Less fees relating to 2023/24 received in 2022/23 £22,599 **£28,15** Total fees receivable on accruals basis for 2021/22 **1** Less membership fees refunds £180 **£27,97** Net Fees receivable on accruals basis for 2022/23 **1 2) Groups** Income (deposits, transfers) £92,436 Group Expenditure (Room Hire, Travel and other costs) £81,604 **£10,83** Group balances surplus for the year **2 £27,14 Surplus groups balances at 31 July 2023 6** 

## **3) Summer programme and events income** 

4 



|Summer programme<br>Study Days<br>**4) Other income**<br>Donations<br>Unidentifed deposits<br>**5) Subscriptions and licences**<br>2 year software licence<br>Other licences<br>**6) Summer programme and events expenditure**<br>Summer programme<br>Study days<br>Saturday talks and other events<br>**7) Communications**<br>Postage<br>Printing and copying<br>Other expenses<br>**8) Third Age Trust**<br>Membership subscriptions (capitation)<br>Contribution to Third Age Matters magazine ( 21/22<br>and 22/23 paid in 2022/23)<br>**9) Governance & compliance**<br>Trustee meetings<br>Other<br>**10) Miscellaneous expenditure**<br>Storage rental at Clarke Foley|£581<br>£12|
|---|---|
||**£593**<br>£1,302<br>£25|
||**£1,327**<br>£-<br>£19|
||**£19**<br>£4,484<br>£343<br>£2,060|
||**£6,887**<br>£252<br>£2,777<br>£771|
||**£3,800**<br>£7,564<br>£5,598|
||**£13,16**<br>**2**<br>£852<br>£197|
||**£1,049**<br>£480|



5 



Admin charges Other smaller items 

£400 £1,157 **£2,037** 

6 



## **Independent Examiner’s Report to the Trustees of Ilkley & District U3A** 

I report to the Trustees on my examination of the accounts of Ilkley & District U3A for the year ended 31st July 2023. 

## **Responsibilities and Basis of Report** 

As the charity trustees of the Trust 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 the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all 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: 

1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 

2. The accounts do not accord with those records; or 

3. The accounts do 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. 

I have no concerns and have come across no other 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. 

## **Independent Examiners Qualified Statement** 

The Northern Towns, Drama, Railway, Science & Technology, and Circle Dance (Otley) Groups interest groups, while part of Ilkley & District U3A, have traditionally prepared their own accounts which are now consolidated into the Charity’s accounts. I have not examined these group accounts and therefore I am unable to report on them. 

## Signed: **Mike Roberts** 

Name: Michael Leslie Roberts 

Address: 1, Bark Lane, Addingham, ILKLEY, LS29 0RA 

Date: 2nd October 2023 

7