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2022-08-31-accounts

THE CRANLEIGH AND DISTRICT U3A

Trustees’ Report for the year ended 31 August 2022.

Unsurprisingly, t he pandemic led to a fall in our membership. As restric9ons eased, we have worked hard this year to increase awareness of our u3a, taking stands at various events during the year to raise our profile. As a result, our membership has increased to almost 900. We shall con9nue these efforts and, given the volume of building and increased popula9on in our area, we are op9mis9c that further progress can be made.

Our Open Day was a vibrant affair with high aFendance. It resulted in sugges9ons for five new Groups. All are already up and running, along with two further Groups suggested since. As a result, we are now offering more than 60 Groups. During the year we held two coffee mornings and a lunch for our Group Leaders, without whom we could not exist. We con9nue to publish a quarterly newsleFer and maintain our ou9ngs programme, although the laFer at a somewhat reduced level compared with pre-pandemic ac9vity.

On the financial side, we had given members a subscrip9on “holiday”in 2020/21, and this year we held our Membership Subscrip9on down to £16 per person (plus £3 for Third Age MaFers magazine (‘TAM’) - the same as for 2019 - 20. Inevitably, our income for the year was down as a result of the pandemic, but we were pleased with the significant savings we were able to make following full implementa9on of the U3A Trust Beacon system.

Our net deficit for the year was £8,628. As a result, our Reserves reduced to £19,626, close to our target of £17500. In light of this year’s deficit, we increased our Membership Subscrip9on for 2022/23 back to £20 per person (plus £3.50 for TAM), bringing the subscrip9on level back to the level it was seven years ago, before progressive reduc9ons were introduced to reduce our reserves gradually to our target level.

Don Henderson

Secretary

Cranleigh & District U3A (Reg. Charity No. 1071260)

Statement of Financial Activities
for the year ended 31 August 2022
Incoming Resources
Subscriptions
Income Tax/Gift Aid Recovered
Income from Group Activities
Note 1
Income from Outings
Note 2
Interest
Total incoming resources
Resources Used
Hall Hire
Expenses from Group Activities
Note 1
Expenses from Outings
Note 2
Third Age Trust Membership Subscription
Administration Costs
Note 3
GL Meetings & Lunch
Donations & Speakers Fees
Purchase of Equipment
Total resources expended
Net (outgoing) resources
Balance Sheet at 31 August 2022
Current assets
Prepayments
Note 4
Bank Deposits
Bank Current Accounts and Cash
Note 5
Current liabilities
Prepaid Subscriptions
Prepayments from groups
Net current assets
Represented by:-
Accumulated Funds B/Fwd.
(Deficit)/Surplus for period
Total funds
2021/22
£
15,257
2,621
6,708
15,696
3
40,285
£
19,682
3,729
15,894
3,720
3,615
1,969
50
254
48,913
£
£ (8,628)
2,749
19,015
13,304
35,068
£
15,442
15,442
£
19,626
£
28,254
(8,628)
19,626
£
2020/21
£
3
3
£
214
3,325
4,852
48
8,439
£
£ (8,436)
653
31,390
8,550
40,593
£
12,256
83
12,339
£
28,254
£
36,690
(8,436)
28,254
£

Martin Hayton Hon. Treasurer

Roy Glasper Hon. Examiner

Cranleigh & District U3A (Reg. Charity No. 1071260)

Notes to the Accounts for the year ended 31 August 2022

1. Income & Expenses from Group Activities

Bridge Groups
Musicals
Wine Appreciation
Dutch Masters
Other Groups
2. Income & Expenses from Outings
Eltham Palace
TINA
Chicago
V&A
Singing in the Rain
Arundel
Audley End
Kentish Lady Cruise
Mottisfont & Sherfield
Strawberry Hill
3. Administration Costs
Postage
Printing & Stationery
Website & Zoom
Beacon Licence
PayPal Fees
Copyright Licences
Third Age Matters
General Administration
Income
2,393
338
3,234
324
419
6,708
£
Income
890
3,557
2,030
624
1,708
2,025
514
1,960
1,100
1,288
15,696
£
Expense
525
3,204
3,729
£
Expense
941
3,548
2,060
602
1,793
1,928
685
1,934
1,095
1,308
15,894
£
398
1,037
170
930
209
90
389
392
3,615
£
4. Prepayments
Outings
Printing - 2022/23 Handbook, cards & forms
PayPal Fees
5. Bank Current Account and Cash
Central U3A Bank Account
Bridge Bank Account
Outings Bank Account
PayPal Account
Cash Held by Groups
1,837
709
203
2,749
£
10,657
386
2,037
195
29
13,304
£

Independent Examiner’s report to the Trustees of the Cranleigh & District U3A (Reg. Charity No. 1071260)

I report to the trustees on my examination of the accounts of the Cranleigh and District U3A (‘the Trust’) for the year ended 31[st] August 2022.

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 Trust’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 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.

Signed: ______ Date: _______

Mr Roy Glasper

Coombe Lea, Guildford Road, Cranleigh, GU6 8PP