**From** ## **Trustees' Annual Report for the period** Period start date Period end date **01 07 2024 30 06 2025 To** Section A Reference and administration details ~~ee~~ **Charity name** Monmouth u3a ~~PO~~ **Other names charity is known by** Not applicable ~~PO~~ **Registered charity number (if any)** 1090124 ~~PT~~ **Charity's principal address** 11, Lancaster Way, Osbaston, Monmouth Gwent **Postcode NP25 3BE** **Names of the charity trustees who manage the charity** |~~ee~~|~~ee~~||| |---|---|---|---| |**Trustee name**
~~ee~~
~~a~~|**Office (if any)**
~~ee~~
~~ee~~|**Dates acted if not for entire**
**year **
~~ee~~|**Name of person (or body) entitled**
**to appoint trustee (ifany)**
~~ee~~| |Professor Averil
MaryMacDonald
~~ee ~~
~~a~~
~~a~~|Chair.
~~ee~~
~~ee~~
~~ee~~|~~ee~~
~~ee~~|Monmouth u3a AGM.
~~ee~~| |Frank Andrew
Birch
~~a~~
~~a~~|Secretary.
~~ee~~
~~ee~~|~~ee~~
~~ee~~|Monmouth u3a AGM.
~~ee~~| |Neil Andrew Hines
~~a~~|Treasurer.
~~ee~~|Trustee from 17/12/2024;
Treasurer from
21/10/2025.
~~ee~~|Monmouth u3a Executive
Committee; Monmouth u3a
AGM.| |Philip Chadwick
~~|~~
~~es~~|Treasurer.
~~|~~
~~|~~
~~ee~~
|Treasurer from
15/10/2024 to
21/10/2025, Trustee from
21/10/2025.
~~|~~
~~|~~
~~ee~~|Monmouth u3a AGM.
~~|~~
~~|~~
~~ee~~| |Joanna Mary
Handley
~~a~~
~~es~~
~~ee~~|~~a~~
~~ee~~
~~es~~|~~a~~
~~ee~~|Monmouth u3a AGM.
~~a~~
~~ee~~| |6 PhilipHewitt
~~es~~
~~ee~~
~~a~~|~~ee~~
~~es~~
~~ee ee~~|From 21/10/2025.
~~ee~~
~~ee~~|Monmouth u3a AGM.
~~ee~~| |Aidan Llewellyn
Hodgson
~~es ~~
~~ee~~
~~a~~
~~ee~~|~~ee ~~
~~es~~
~~ee ee~~
~~e~~~~**e**~~|~~ee~~
~~ee~~
~~ee~~|Monmouth u3a AGM.
~~ee~~
~~ee~~| |Monica Christina
Lofgren

~~ee~~
~~a~~
~~ee~~|~~es~~
~~ee ee~~
~~e~~~~**e**~~
~~e~~|~~ee~~
~~ee~~
~~ee~~|Monmouth u3a AGM.
~~ee~~
~~ee~~| |Janet Louise
McLagan
~~ee~~|~~e~~~~**e**~~
~~e~~|From 10/09/2025
~~ee~~
~~ee~~|Monmouth u3a Executive
Committee, Monmouth u3a
AGM.
~~ee~~
~~ee~~| |10 David Milledge
~~ee~~
~~ss~~|~~e~~~~**e**~~
~~e~~
~~ss~~|~~ee~~
~~ee~~
~~ss~~|Monmouth u3a AGM.
~~ee~~
~~ee~~
~~ss~~| |11 Linda Wright
~~ss~~|~~ss~~|~~ss~~|Monmouth u3a AGM.
~~ss~~| |12 Sheila Woodward
~~a~~||Until 21/10/2025.|Monmouth u3a AGM.| |13 Sheila Rowland
~~a~~||Until 17/12/2024.|Monmouth u3a AGM.| |14 Susan Cobourne
~~a~~|Treasurer.|Until 15/10/2024.|Monmouth u3a AGM.| ||~~—~~|~~—~~|| ||~~—~~|~~—~~|| March **2012** **TAR** 1 **Names of the trustees for the charity, if any, (for example, any custodian trustees)** ||**Name**|**Dates acted if not for entire year**| |---|---|---| ||None|N/A| ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address None** N/A N/A **Name of chief executive or names of senior staff members (Optional information)** Not Applicable ## **Section B Structure, governance, and management** ## **Description of the charity’s trusts** Constitution of Monmouth u3a originally adopted on 18[th] October 2022 Type of governing document with minor modifications on 15[th] October 2024. (Available at (eg. trust deed, constitution) monmouthu3a.com/administration/governance). Unincorporated Association. How the charity is constituted (eg. trust, association, company) Elected by members at AGM – all trustees are subject to re - election Trustee selection methods every year. Appointment by the Executive Committee. Co - option by the (eg. appointed by, elected by) Executive Committee. - (eg. trust, association, company) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - ….. - policies and procedures adopted for the induction and training of trustees. - the charity’s organisational structure and any wider network with which the charity works. - relationship with any related parties. - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** ## **Objectives:** **Summary of the objects of the charity set out in its governing document** The charity’s object (‘the object’) is the advancement of education, and in particular the education of older people and those retired from full time work, by all means including associated activities conducive to learning and personal development in Monmouth and the surrounding area. March **2012** **TAR** 2 **Activities undertaken for Public Benefit:** Monmouth u3a focuses on people who are no longer in full time employment with opportunities covering: - Education/Training - Arts/Culture - Sport/Recreation - Social activity ## **Governance:** The committee provides governance and oversees the provision of events and activities for members including: - Monthly New Members’ Meetings, - Monthly Members’ Events, - Monday Coffee and Chat sessions, held weekly, - Thirsty Thursday Pub Club held monthly, - Summer Social Party, - Christmas Tea Party, - Over eighty special interest/activity groups. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** **Activity Groups:** In addition to the 80+ regular (monthly/weekly) Activity Groups, other groups offer ad hoc trips to the theatre, classical concerts, and various historical and artistic venues. All groups are self-funding. Due to our healthy financial position, the cost for members joining this year remained at £12.00 per annum. Details at Monmouth u3a ## **Communication with members to counter loneliness:** Members are kept informed via a weekly email and quarterly magazine as well as via the website noted above. The importance of communication is to counter social exclusion and loneliness which is particularly prevalent in older people. ## **Public Benefit:** Monmouth u3a is welcoming and inclusive to anybody within the criteria set out in our constitution. There are no qualifications needed and we endeavour to keep the membership fee as low as possible, ## **Statutory Declaration of Trustees** **The trustees aim to ensure that all our charity does contributes to achieving the aims and purposes for which it was set up.** ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grant making. - policy programme related investment. **Policy on Grant Making:** Monmouth u3a does not make grants. **Contribution made by Volunteers:** The trustees rely on our excellent group convenors and other volunteers for their contribution to the success of our u3a. - contribution made by volunteers. March **2012** **TAR** 3 Section D Achievements and performance **Growth Summary of the main** Monmouth u3a has grown significantly over the past two years from **achievements of the charity** fewer than five hundred members to over nine hundred as at 30/06/2025. **during the year** The number of activity/special interest groups has grown from forty to over eighty. **Engaging New Members** Our Marketing and Development Plan has led to a static advert in the local cinema and the publication of our Prospectus, of which three thousand copies were printed. This is not available on-line and is distributed via the various venues used by Monmouth u3a. **Extending the Offer** We have expanded our offer to include a range of trips abroad, including to Morocco, Romania and Italy with trips planned for Georgia and Macedonia. Our ‘Scratch Bands’ initiative has spawned five different bands. On the back of this our Chair has initiated ‘Monstock’ a free, pop-up music festival taking place across the town on one Saturday afternoon with five bands plus two other u3a music groups performing, in order to raise money for their chosen charities. **Contribution to the Wider u3a Movement** Monmouth u3a has been proactive in maintaining activity within the South Wales Network of u3as, via our Zoom meetings. The Chair continues to work within the national u3a network and is an active member of the Chair’s Forum where four hundred u3as discuss issues and share best practice. We continue as members of GAVO (Gwent Association of Voluntary Organisations) and became members of the Monmouthshire County Council (MCC) Volunteer Organisations group. We are an MCC stakeholder. ## **Section E Financial review** To keep £8,000.00 (Eight thousand pounds) in reserves. This equates to **Brief statement of the** twelve months of operational costs to meet any unforeseen expenditure **charity’s policy on reserves** that may occur. Also to have reserves to meet costs if the u3a was to cease to keep operating. No funds are materially in deficit. March **2012** **TAR** 4 ## Further financial review details (Optional information) - You may choose to include varasticted Punts: pict alles cael Membership fees during the year have accounted for 89% of the income. rane es Our major item of expenditure (35% during the year) has been payments - e the charity's principal _ to the Third Age Trust for annual membership fees and use of the sourcesoffunds (including | Beacon membership and financial management system. Expenditure on any fundraising). new members and members events was 30% of expenditure, whilst - e how expenditure has advertising and publicity expenditure to attract new members was 16% of supported the key objectives | ©xpenditure. of the charity. Designated; Funds: - e investment policy and objectives including any The main source of incoming funds is receipts from members to ethical investment policy participate in individual group activities and outing participant fees. Apart adopted. from the funding of new group taster session costs all groups are self — financing. - Expenditure on the individual group activities is predominantly on speakers, tutors, and venue hire. Outing expenditure is on coach hire and driver's tips and entrance fees and tickets relating to the events and shows attended. ## Section F ## Other optional information **----- Start of picture text -----**
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf ofthe charity’s trustees |
Full name(s) | Professor Averil Mary MacDonald Frank Andrew Birch
a Position (eg Secretary, Chair, |Chair Secretary
etc)
**----- End of picture text -----**
TAR ## **Monmouth u3a** **Charity Reg. No. 1090124** **Report and Financial Statements Year Ending 30[th] June 2025** **Independent Examiners Report to the Trustees of Monmouth u3a.** ## **Registered Charity Number: 1090124** I report to the trustees on my examination of the accounts of Monmouth U3A (‘the Trust’) for the year ended 30th June 2025. ## **Responsibilities and basis of report** As the charity trustees, 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 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 which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did 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. Name: Stephen Pospisil Date: 28th April 2026 Relevant professional qualification: Chartered Accountant 20 St James Street Monmouth NP25 3DL **Page 1** ## **Monmouth u3a** ## **Charity Reg. No. 1090124** ## **Statement of Financial Activities for the year ended 30[th] June 2025** |**Income**
Donations and Legacies
Subscriptions
Sponsorship Income
Charitable Activities
HMRC Gift Aid
Meetings Income
Investment Income and Interest
Received
**Total**
Less: - Expenditure on
Third Age Trust
Administrative Expenses
Speakers, Tutors, and Room Hire
Meetings Costs
Coach Hire and Drivers Tips
Entrance Fees and Tickets
Equipment Purchases
Advertising and Publicity
Other
**Total**
Net Income/(Expenditure)
Net income/Expenditure after tax
before investment gains
Net gains on investments
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Funds**
£|**Designated**
**Funds**
**Activity Groups**
£|**Total Funds**
£|**Prior Year Funds**
£| |---|---|---|---|---| ||132||132|68| ||10,530||10,530|6,900| ||160||160|0| ||0|41,733|41,733|38,106| ||0||0|1,217| ||812||812|0| ||214|61|275|181| ||11,848|41,794|53,642|46,472| |||||| ||4,299||4,299|3,167| ||686||686|1,865| ||2,162|24,439|26,601|20,972| ||1,491|1,215|2,706|1,136| ||0|7,009|7,009|5,615| ||0|8,912|8,912|5,732| ||1,085||1,085|0| ||1,920||1,920|1,167| ||485||485|57| ||12,128|41,575|53,703|39,711| |||||| ||-280|219|-61|6,761| |||||| ||-280|219|-61|6,761| |||||| ||140|0|140|211| |||||| ||-140|219|79|6,972| |||||| ||10,819|13,172|23,991|17,019| ||10,679|13,391|24,070|23,991| **Page 2** ## **Monmouth u3a** ## **Charity Reg. No. 1090124** ## **Balance Sheet as at 30[th] June 2025** |**ance Sheet as at 30th June 2025**||||| |---|---|---|---|---| |Fixed Assets
Investments
Total Fixed Assets
Current Assets
Debtors
Investments
Bank
Total current Assets
Creditors: amounts falling due within
one year
Net Current assets /(liabilities)
Total net assets/(liabilities)
Funds of the Charity
Unrestricted Funds
Designated Funds: Activity Groups
Total Funds|**Designated**
**Funds**
**Unrestricted**
**Funds**
**Activity Groups**
**Total Funds**
£
£
£|||**Prior Year Funds**
£| ||0|0|0|0| ||0|0|0|0| |||||| ||0|0|0|0| |||||| ||0|0|0|1,217| ||4,436|0|4,436|4,296| ||6,243|13,391|19,634|18,478| ||10,679|13,391|24,070|23,991| |||||| ||0|0|0|0| |||||| ||10,679|13,391|24,070|23,991| |||||| ||10,679|13,391|24,070|23,991| |||||| ||10,679|0|10,679|10,819| ||0|13,391|13,391|13,172| |||||| ||10,679|13,391|24,070|23,991| **Page 3** **Monmouth u3a** ## **Notes to the accounts for the year ended 30[th] June 2025** ## **1 Accounting Policies** The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: - - a) Basis of preparation The financial statements have been prepared in accordance with the Charities Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (issued in October 2019) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). - b) Preparation of the accounts on a going concern basis The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the Trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity’s ability to continue as a going concern. - c) Donated services and facilities Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the u3a’s members is not recognised in the financial statements. Further information regarding their contribution is included in the Trustees Annual Report. On receipt, donated professional services and donated facilities are recognised on the basis on the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. - d) Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Trust’s work or for specific activities and projects being undertaken by the Trust. ## **2. Treatment of Income from Activity Groups** The income collected from the various activity groups while given with the intention of defraying the costs of that activity are not considered to be given with a specific restriction that the money received shall only be for the exclusive benefit of that group but for the benefit of the Charity’s general operations. For this reason, they have not been treated as restricted funds but are treated by the charity as designated for the purpose of that activity. ## **3. Reserves Policy** The Trustees consider that a suitable level of reserves would be one year’s outgoings of the main committee other than activities which are variable of £6,000.00 plus a contingency of £2,000.00. **Page 4** ## **Monmouth u3a** ## **Notes to the accounts for the year ended 30[th] June 2025** ## **Analysis of Charitable Activities - Designated Funds** |•
Activities by Group|Opening
value
Income
Expenditure
Transfers
Closing
value
Activities
Interest| |---|---| |Astronomy|169.00
409.00
-318.50
259.50
160.50
1,530.00
-1,416.75
273.75
18.00
0.00
-18.00
0.00
67.90
0.00
0.00
-67.90
0.00
0.00
3,310.00
-3,254.95
597.25
652.30
178.48
415.00
-331.00
262.48
262.64
635.00
-522.67
374.97
0.50
156.00
-150.00
6.50
69.50
0.00
-37.00
32.50
399.65
419.00
-402.12
416.53
88.80
761.00
-647.25
202.55
21.00
194.50
-215.50
0.00
12.50
396.75
-396.75
12.50
156.00
3,320.00
-3,090.76
385.24
0.00
0.00
-25.50
25.50
0.00
82.50
0.00
-45.00
-37.50
0.00
0.00
40.00
-40.00
0.00
0.00
1,135.00
-797.50
337.50
60.00
428.00
-360.00
128.00
944.26
4,345.00
-3,402.49
1,886.77
0.00
149.50
-135.00
14.50
869.70
782.50
-755.04
897.16
0.00
40.00
-48.00
-8.00
976.00
3,764.20
-4,102.00
638.20
8.00
873.00
-668.60
212.40
64.00
0.00
0.00
-64.00
0.00
0.00
933.00
-582.20
350.80
398.07
975.00
-1,056.30
316.77
256.00
226.50
-482.50
0.00
0.00
11.00
0.00
11.00
24.00
20.00
-68.00
24.00
0.00
0.00
553.00
-490.20
62.80
535.43
2,202.00
-2,422.50
314.93
843.40
2,132.00
-2,007.00
968.40
69.50
65.00
-17.00
117.50
575.32
1,512.50
-2,065.50
22.32
2,205.65
0.00
0.00
-2,205.65
0.00
1,997.25
0.00
0.00
-1,997.25
0.00
10.00
-10.00
0.00
0.00
0.00
1,830.00
-1,830.00
0.00
398.98
0.00
60.69
0.00
119.90
579.57
0.00
1,929.10
-1,745.70
1,400.00
1,583.40
0.00
4,461.15
-4,687.85
2,205.65
1,978.95
1,250.00
1,790.00
-2,940.00
100.00| |Badminton|| |Border CountryBook Club|| |Bridge Players|| |Classical Concert Trips|| |Countrydancing|| |Creative fun with Fabric|| |Critical thinking|| |Drawingfor the Terrified.|| |FamilyHistory|| |Film Club|| |Gardens Group- u3a|| |Geology|| |German|| |GigGoers|| |Italian|| |Local Social|| |Philosophy|| |Photography|| |Pickleball|| |Pilates|| |Science & Technology|| |Spanish Intermediate|| |Strength 1 & 2|| |Table Tennis|| |Tai Chi|| |u3 Band|| |Ukulele|| |VisitingGardens|| |WalkingNetball|| |Welsh Beginners|| |Wine Appreciation|| |Yoga 1 - Wednesdays|| |Yoga 3 - Chair Based 1|| |Yoga 4 - Chair Based 2|| |Yoga 2 - Thursdays|| |ZX- Theatre Group|| |ZXX - Social Outings|| |ZXX -BellyDance|| |ZXX - Hendre|| |ZZ - New Groups Reserves|| |ZZ - Social Activities|| |ZZ - Theatre Trips|| |ZZ - Trips Abroad|| ||13,172.53
41,733.70
60.69
-41,575.13
0.00
13,391.79| **Page 5** ## & CHARITY COMMISSION FOR ENGLAND AND WALES ## - Independent examiner's report on the accounts **----- Start of picture text -----**
Section A Independent Examiner’s Report
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Report to the trustees/ |Monmouth U3A
members of
On accounts for the year | 30" June 2025
ended
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Charity no | 1090124
(if any)
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| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30/06/2025 - Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent | have completed my examination. | confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - e accounting records were not kept in accordance with section 130 of the Act or - e the accounts do not accord with the accounting records | have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **----- Start of picture text -----**
Signed: FE)
Slepl au. Foop
snae
Name: | Stephen Pospisil
Relevant professional | Chartered Accountant
qualification(s) or body
(if any):
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Date: | 28" April 2026
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Address: | 20 St James Street
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NP25 3DL IER 1 October 2018 Section B ## Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER 2 October 2018