Wondovor U3A Tvoasuroe¥ R•port for 1* Octobw 2023_ 3￿ Septthnber 2024 l. The Accounts for our latest Financial Year are eomrAete arKI have been examined by Richard Brown for accuracy Completer￿ Thi$ a￿litI￿ pro¢ess 1$ a very imp)rtant year-8￿1 activty. 2. Following this audit. Rithard Thas approved atKI sgned off the Year￿ Accounts. These 11 now te distributed our merntje￿. ¥0 that you can have the oppcvlunty to study Ihem before the AGM. 3. This past Finanaal Year has been a stable one for ow U&4 and. overall. General Funds increas&J by £1182. 4. Key p)ints of ow Finan(ad Year are.. After a sutscriptioiFfree year in 2022-23. * rtrintrodueed our annu81 membership Subsc¥1pt￿n of £151pp', thi$ resulted in total sub￿P￿.0ns of £7664. Our year-on-year membeiship number fell initially, tr*n recovered to around SI￿.. We were also able to reclaim É1567 from HMRC (for 2022123 & 202Y24 tax years) thanks to our rnember income tax decl8rations- for us, this an imp)rtant source of secondary income". Most categories of general costs such as hall l thurth hire feas, FW)Stage & telephone and prinb.ng & stationery ir¢creased due to infl8bon; The additional Bank Interest was all d(rwn to infi*w)n*ated interest rate increases.. Because of our healthy income stream. we Vowe able to heavily subsKlise the cost OF our May So¢ial- what a greal value lunch from Beef OINe at only £2thead.' The above comments do not refiect the money held by the Treasurer on F￿hat1 of our U3A ActNrty Groups or Travel & Theatre related activit￿$. During the year Groups, Funds de￿eaSed slvJhtly by £129", these M¢￿￿5 to the individual Groups and their memters. In a similar way, Travel & Theatre Funds are held in a separate cashtook on behaff of organisatsons". these bjnds inueased by £878, mainly due to the b'mings of drfferent everts I trips. In summary, our current Financial Position is very heatihy and. orKe again. we are able to go into the Financial Year with cOnfth￿. Mark Partner Iwendover U3A Treasurer) 7th Odober 2024 WEPIOOVER VM CJwlty140 1083897 STATEMElff OF HP4APKIAi I¥)sIll￿ FOR ThE YEAR ENDED 30 SEPTEMBER2024 Icontinuedl 2023-2024 2022-2023 GENEFIAL FUND 8rought Fopi¥ard l October Excess of Income over Expenthrture f6593.06 £1,182.50 £7.775.56 £13.C08 46,505 £6,593 GIIOUPS FUND Brought Forward l Ortober Excw of Inc(M71e tyler Expend1￿ f2,556.37 4129.25 £2.427.12 £2,227 E330 £2,557 TRAVEL FUND Brought FoTh¥ard i ottober Excess of Income over Expendiiwe £2,721. £878.17 £3,599.17 £3,949 -£1,228 £2,721 EQUIPMENT FUND 8roukht Forward l OrtobEr Excess of IncLNne over ExperKlitu £2.752AY 432.38 £2.319.62 £4.252 1.5 £2.752 TOTAL FiINDS £16.121.47 £14.622 REPRESENTED OY= Bank Balances". General Current alc No""""251 General interest alc No Travel alc No 911 and cash Cash & Cheques in Hand.. Chqs tn hand Cash In Hand. general £1.542.56 £10.623.85 E3,681.77 £1,044 £10.492 £2004 **** £0 £273.29 £16.121.47 £0 £283 £14.623 I have examined the acwjnting record5. ind￿J1￿bank smemerts. tr1vra￿ and other m*eri315 relatin8 tothe year to 30 September 2024 as SUP￿led to me by the Wendo¥er University of theThird and confirm thatthe above statements a￿ in ac¢(Kdance therewith. Rrthard T 8rtr*n STATEMENT OF F114ANCIAL POSITION FOR THE YEAR tNDED 30SEPTEM6ER 2024 2023-2024 2022-2023 Subscriptions SL*bs(riptions prepaid ConsL*mables Sold Redaimed Grft Aid Mlsc Bènk Interest Trans from travel General Fund Inco Groups Fund IntamÈ Travel Fund In¢omt E4uiprnent Fur41 7.664.50 1539 429.(M) 116 1.567.51 172.(P3 86 9.833.10 9.398AS 8.974.50 1741 7935 28.206.45 18562 General Fund Expendlture Capit'tn fees, 3rd AgeTrusi Consumables Conveners, & Re8ional Mt8S Main Mt8S Minor expenditu Diaries Postage & Telephw Prlnting & Stationery Serwcesnraining Groups Subsidy Trans from Travel General Fund Empendltsre Groups Fund Expenditure Travel Fund Expendltyjre Equipment Fund ÈxwKllture 1.896.IX) 1.510.38 4fy).53 2,152.82 87.97 1968 131 305 3273 71 122.99 IA26.32 914.39 179.20 1272 824 281 120 8,650.60 9.528.10 8m6.33 432.38 26.707.41 8245 8556 9163 15 27464 Wendover U3A EiaminationAf 2023-2024 Aecounts Checks made durin8 examIn￿10n of the 2024 Accounts are held on Excel spreadsheets. Payment #nd rec¢ipt vouchers on paper Where sample ¢h¢cks hav¢ b¢¢n made they are from paper record to screen. End￿r bank balances- accountslbank Swements Opening balan¢¢s compared to last ¢losin8 balances shown in th¢ ac¢ounts. ' Sample bank 5tat¢fjlenl entries to cash book i<-rE Sample payment voucherslinvoices to paymenis list You tt¢¢d to twke care with eIpenses el•irns ￿rtIcularlY bv ¢othwittee member& Yollr ow claim {voueher 2D w•$ ttot 411thorized by secoDd persoD *s requtred. Also no vo er for elaim by laD (46). Not clear wh*t tbe to Jt•• wa￿ ab￿¢(74) Otherwise AOK Sampl¢ r¢¢¢ipts vouchers to receipts list Simllar checks for Trav¢1 Payments and ￿ceIpts in 5pre4lsh¢¢¢- unusu4Vnon-routine item& <- examine invoi¢elvouch¢r for clarification Travel Group. l