2024-03-31-accounts - Devizes And District U3A

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DEVIZES AND DISTRICT u3a

’ ’ - CHAIRMAN S AND TRUSTEES REPORT FOR 2023 4

General position

Over the past year our membership number has been maintained to around six hundred and seventy members. As in past years numbers dropped in the early summer and increased again in the winter months. Although Devizes is the centre of our activities, with many members using public transport or walking to activities in the town, a significant number of members come from a wide area of Wiltshire reflecting the ‘and District’ part of our name. There are some groups who use venues in surrounding villages which the committee would like to encourage. Many of our members live alone and use our u3a for social as well as cerebral activities.

Committee

The hardworking committee reflects the friendliness and approachability of all our members. We have welcomed new committee members to share the workload and have been encouraged by those who have stepped up to cover the roles of those who have been temporarily unable to continue with their tasks. All committee members are committed to ethos of our u3a and are a pleasure to work with.

However, the Vice Chairman and I are very concerned that there is not anyone who has shown an interest in taking over our roles when we retire next year. Our concern is that if, at this time next year, there are no candidates for chairman and vice chairman proposed the future of Devizes and District u3a will be under jeopardy to the extent that a closure may be imposed.

Addendum

Since this report was approved by the trustees, we are pleased to add that Maddie Lestrange has been proposed as vice chairman.

Finance

As shown in the finance report we are in a very strong financial position. Our treasurers team works very well together. They have had a difficult task in claiming the gift aid rebate. There have also been problems with some members using bank transfers.

Groups

The number of interest groups has also been maintained with no groups closing and at least one starting nearly every month. There are now sixty groups covering a wide range of activities from the very active exercise, cycling and walking groups to the more sedentary card games and artistic groups. Thanks are due to the group leaders and the Group Leaders Coordinator for the continued success of all groups.

Meetings and Visits

The coffee mornings have been well attended and provide an opportunity for welcoming and recruiting new members, and publicising interest groups.

The monthly meetings with visiting speakers have also seen larger audiences and covered a variety of subjects.

Thanks are due to the Speakers Secretary and to those who organise and help with the refreshments.

Thanks, are also due to the Visits Coordinator who has overcome several problems to organise a very successful series of visits.

The Vice Chairman has also organised another holiday. Geoff Palmer

Chairman Devizes and District U3A

DEVIZES AND DISTrICT U3A INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31ST MARCH 2024 ORGANISATION Income Annual subscriptions Bank interest Gift Aid refund (l Feb to 31 Jan) Miscellaneou5 202312024 20W2023 .322.00 141.97 1,251.00 8,140.00 25.26 955.50 Totsl Income 9 71&97 9 120.76 endlture Hire of halts Speakers General Admin Refreshments Materials & equipment Christmas party other expenses Third Age Trust Mernbership fees Membership of other tietieS Newsletter costs {inc postage) Website nditure 1,077.27 949.00 468.37 56.73 91.71 749.64 11.34 4.038.39 1.247.00 41530 398.95 96.38 499.24 384.(Kl 3,603.15 51.00 3,419.56 247.18 2.859.93 158.40 Total io Excess L05s of Income over Ex nditure -7451 -1241.00 GROUPS Income Subscriptions Mtsc Income/Refunds Totsl Income 8.540.30 6.461.19 134.14 8540.30 6.595.33 Hire of halls Speakers General Admin ftefreshments Materials & equlpment Other expenses Total Ex nditure Excess Los5 of Income over 4.372.60 1,535.00 129.34 1.468.84 391.81 12.50 4.091.90 1,125.00 14.OD 713.58 422.74 172.33 73109 63935 iture 63021 55.78 srrs Incom 23.330.50 25.779.10 5,790.00 4,629.00 Ex endlture Excess of Income over Ex nditure .2.448.60 1.161.00 TOTAL EXCESS INCOME OVER (EXPENDrniRE) -2,564.20 -24.22 COMBINED 41.585.77 44,149.97 .220 21.506.09 21.530.31 -24.22 Comblned Exce

202312024 202212023 Current Assets Lloyds Current Accourrt Lloyds Membership Account Lbyds VFsits Account Lloyd5 Saving5 Account Funds in hands of Groups Grft Aid debtor 293.95 3,493.00 1.107.40 13,47459 2.098.IM 2,206.50 2.729.78 1,769.00 2.173.50 13.332.62 2.107.09 Oebtor5 Venue hire prepayment 16,802.50 6.00 22,679.48 38.914.49 LlabHttles Credttors - Advance Subscriptions Creditor5- Visits and holiday5 receipts in advance Creditor5 - Other -5PZ7.00 -932.00 4.584.00 -15,329.50 -283.69 -624169 -19.913.50 16.436.79 19,(XXI.99 Net Assets General Fund at 5tsrt of year (adj) Excess Income/Expenditure 19.IX)0.99 -2,564.20 16.436.79 19,025.21 -24.22 Transfer to designated fvnd General Fund clf Designated Funds (grcwp enhancement lund) clf 15,956.79 500.00 General Fund at end of 16N36.79 19ts)0.99 The accounts for both years were approved by the Committee and Trustees Mrs Christine GdeS (Treasurer) INDEPENDENT EXAMINERS REPORT I have examlned the attached accounts that are in accordance with the tK)oks and records supplied to me. In my opinion. proper books of account have been kept and the accourrts Elve a true and fairview of the affairs of Devizes & District U3A as at 31st March 2024 and of Income and Expenditure for the year ended 315t March 2024. BriaTh Gat¥vard Gran8ernead 8ath Road Devize5 Wilts: SNIO IPH