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2025-06-30-accounts

2025 AGM Chairman’s/Committee Report.

For my final Chairmans report I would like to put on record that it has been my privilege and pleasure, for the last 6 years, to work with the various Committee members, the many Group Leaders, RUMs (really useful members) and indeed the hundreds of St Neots u3a members that made every activity and event, a joyous and friendly occasion.

The last 6 years have seen challenges such as COVID and Zoom handled, membership growth recovery to well over a 1000, amazing Holidays and Trips, a strong and evolving range of Group activities. Venue coordination has coped with changing Group requirements and temporary adjustments imposed by the Priory refurbishment workings.

Our financial control and stability have enabled investment in new technology, new facilities, and new equipment to enhance member experience including some staggering Guest speakers and equally staggering parties!

The size and skill set of your committee has increased, with a team structure that will continue to provide support and development in membership facilities. Our presence in St Neots and district has continued to grow with media activities and publications from the Publicity team and Newsletter editor Julia Lindley.

Thank you all again for your support and commitment.

I will read this report at the AGM but before the meeting continues I will ask, as in previous years, that we take a minute to think of family and friends who have passed away in the last year. Members may stand if they are able or remain seated whilst we observe a minutes silence.

Thank you Ian

TREASURERS' REPORT 2024-2025

Our financial objective last year to utilise some of our reserves for the benefit of our members has been met. Maintaining a low annual membership subscription, providing the National u3a Magazine to all members for free and purchasing equipment for use by our activity groups. Additionally, to meet requests by some activity groups, we have invested in four additional Zettle Point Of Sale Terminals so members can pay their activity fee and Social Outings by card. Our St Neots and District u3a continues to maintain a very strong financial position. Both membership and the number of group activities we hold continue to grow. We will continue these same commitments into our next year to further use our available funds for the benefit of our members.

Receipts
Activity Income
Activity Groups Funds collections
Subscriptions
Gift Aid
Interest received
Monthly Meetings
Payments
Activity Room Hire
Activity Costs
Activity Group Funds expenses
Newssheet
MM Hall Hire
MM Speakers
MM Refreshments
Special Events (net)
TAT membership subscription
TAM magazine
Committee, Network Meetings etc.
Beacon licence
Postage, Printing & Stationery
Equipment
Miscellaneous (net)
MiFi (EE)
Excess (Shortfall) of receipts over payments
Add General Fund brought forward
General Fund C/F
Social Fund
Income
Entry Fees
Coach Hire
Driver Tips
Sundry Expenses
Christmas Party Costs
Surplus (Shortfall) on Social Fund
Social Fund brought forward
Social Fund C/F
Total Funds C/F
Cash at bank:
Main Account
Membs.Social Account
Business Reserve Account
Miscellaneous:
Petty Cash
Activity Groups Funds
Activity Groups Floats
Membership float
Total:
Subscriptions paid in advance for the new year are held as follows:
Advance subs accounts at bank
Zettle account at Bank
Zettle PayPal account, net of charges
Website PayPal account, net of charges
Receipts and Payments Account
Balance Sheet at
2024-25
£
28695.76
675.63
14405.90
2131.67
572.40
0.00
46481.36
(26162.94)
(1150.77)
(285.04)
(878.04)
(728.25)
(742.00)
(269.98)
(1613.76)
(4744.00)
(3722.16)
(1108.16)
(1206.00)
(607.40)
(5529.18)
(2231.82)
(294.50)
(51274.00)
(4792.64)
40970.56
36177.92
23221.46
(13296.80)
(6281.00)
(240.00)
(425.64)
(1720.36)
1257.66
5549.11
6806.77
42984.69
2024-25
£
2386.06
6806.77
31671.75
1.00
1479.11
640.00
0.00
42984.69
9312.19
0.00
436.23
525.35
10273.77
for Year Ended 30 June 2025
30 June 2025
2023-24
£
29542.17
408.03
14620.75
2337.39
474.72
0.00
47383.06
(24391.75)
(647.51)
(63.60)
(973.64)
(859.90)
(650.00)
(253.86)
(822.53)
(4444.00)
(5671.84)
(1082.98)
(1125.00)
(370.75)
(3933.48)
(3689.17)
(370.85)
(49350.86)
(1967.80)
42,938.36
40970.56
20499.74
(13143.60)
(6234.00)
(250.00)
(221.43)
(1863.47)
(1212.76)
6761.87
5549.11
46519.67
2023-24
£
4110.79
5549.11
35099.35
31.90
1088.52
640.00
0.00
46519.67
8887.98
355.00
261.59
9504.57

…..............................................................................................

Martin Howell Honorary Treasurer St Neots & District u3a Registered Charity No. 1096143

Odnagh Yeomans FMAAT CIMA Dip MA (Finance Director UK Truck & Plant Group Ltd) 10 Greenfields St Neots Cambs PE19 1SL Telephone 07968 242173 Email richandoon@virginmedia.com

St Neots and District U3A Accountant’s Report and Certificate

Acting as Accountant, but not as Auditor, | have examined the Receipts and Payments Account, Social Fund Statement and Balance Sheet, all of which were prepared by the Treasurer, for the year ended 30" June 2025, together with the records, vouchers, and information and explanations provided to me by the Treasurer, which disclose a net total shortfall of Income over Expenditure for the year of £3,534.98 and a total surplus carried forward as at 30" June 2025 of £42,984.89 and | certify that the same Receipts and Payments Account, Social Fund Statement and Balance Sheet are in accordance therewith.

Odnagh Yeomans FMAAT CIMA Dip MA 8 August 2025