GRANTHAM u3a
Charity Number **1097587**
49 Gloucester Road, Grantham, Grantham, NG31 8RJ
## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025**
Trustees: John Foulkes-Jones Chairman Linda Daniel Vice-Chairman Nelson Porter Secretary (to 18/02/25) then ordinary member Jenny Lewis Secretary (from 18/02/25) and continues to assist Maggie Tony Hine Treasurer (to 18/02/25) then Minutes Secretary Fiona Robbins Treasurer (from 18/02/25, previously Minutes Secretary) Janet Hine Group Co-ordinator and Pastoral Care Andrew Weston Beacon Administrator Angela Rose Membership Secretary Carole Troops Website and Facebook Editor and Publicity Maggie Ambrose Monthly Meeting Co-ordinator Angela Summers Member until 18/02/25 Paul Lai Co-opted 7/10/25
## **Governing Document**
The Charity is governed by a constitution adopted on 25 March 2003, as amended on 18 March 2014, 27 October 2017, 17 March 2020 and 21 February 2023.
## **Governance and Management**
The Charity is administered by the Trustees who serve as a committee, elected on an annual basis in a general meeting.
## **Objectives**
The Charity’s objectives are to advance the education of the public, and in particular the education of middle aged and older people who are not it full time gainful employment, in Grantham and its surrounding locality by the provision of facilities for leisure time and recreational activities with the object of improving the conditions of life for the above persons in the interests of their social welfare. The Trustees have regard to the guidance issued by the Charity Commission on public benefit.
## **Activities and Achievements**
The Trustees are pleased to report a further gradual increase in membership and in group activities during the year. A variety of speakers have entertained members at the Guildhall monthly meetings and the coffee mornings at St Wulfrum’s has become more popular. Our August social gathering again proved successful and the Christmas party happily returned to the Guildhall ballroom (now repaired) where the festivities were better suited.
## **Financial Review**
The year ended with a smaller than planned loss of £829 on general expenditure, however we have outstanding commitments of some £920, where we have not received expected invoices. The Trustees are still working towards reducing our reserves by budgeting for a further deficit in 2026. The subscription for the year has again been retained at £10.
All income and expenditure of groups has been included in the accounts in accordance with advice from the Third Age Trust.
## **Declaration**
The Trustees declare that they have approved the Trustees’ Report above.
Signed on behalf of the Charity’s Trustees.
Fiona Robbins
Treasurer
Date:
**GRANTHAM U3A STATEMENT OF FINANCIAL ACTIVITIES**
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INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025
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|---|---|---|---|---|---|
|||**Unrestricted Funds**||||
||**2025**|||**2024**||
|**Incoming Resources**|**Main U3A**|**Groups**|**Total**|**Total**||
|||||||
|**Incoming Resources from charitable actvites**||||||
|Subscriptons|6,355|18,811|25,166|24,370||
|Gif Aid|1,088||1,088|958||
|Interest|106||106|122||
|Miscellaneous|19|1,045|1,064|570||
|Social|495||495|0||
||**8,063**|**19,856**|**27,919**|**26,020**||
|**Resources Expended**||||||
|||||||
|**Charitable Actvites**||||||
|T.A.T. Capitaton Fee|2,304||2,304|2,264||
|Natonal Newsleter|50||50|847||
|Speakers|596|804|1,400|1,530||
|Hall and Room Hire|1,903|12,763|14,666|12,658||
|Trips|0|1,430|1,430|1,194||
|Meals and Refreshments|0|1,971|1,971|1,213||
|Instructors|0|2,236|2,236|2,616||
|Travel Expenses|70||70|310||
|Newsleter Printng|340||340|283||
|Printng|139|228|367|293||
|Postage|25||25|0||
|Statonery|0||0|34||
|AGM costs|168||168|187||
|Advertsing|0||0|0||
|---|---|---|---|---|---|
|Copyright Licence|69||69|67||
|Social Events|994||994|1,553||
|Regional/County Expenses|0||0|4||
|Ofcer Expenses|50||50|0||
|Natonal Conference Delegates|0||0|0||
|Group Leaders' Meetngs|50||50|0||
|Groups' Start Up and Assistance|66||66|367||
|Get Well and Sympathy Cards|6||6|10||
|Storage Rental|600||600|600||
|Gifs and Prizes|0||0|20||
|Miscellaneous Expenses|97|3,134|3,231|394||
|Paypal and Card Reader Charges|202||202|169||
|Bank Charges|67||67|76||
|Beacon System|584||584|566||
|Website Support|50||50|0||
|Assets|462|142|604|319||
|||||||
|**Total Payments**|**8,892**|**22,708**|**31,600**|**27,574**||
|||||||
|**Net Income (Expenditure)**|**(829)**|**(2852)**|**(3681)**|**(1554)**||
|||||||
|**Funds brought forward**|**8,506**|**5,697**|**14,203**|**15,757**||
||||**0**|**0**||
|**Funds carried forward**|**£7,677**|**£2,845**|**£10,522**|**£14,203**||
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|**GRANTHAM U3A**||||||
|||||||
|---|---|---|---|---|---|
|**BALANCE SHEET AS AT 31 DECEMBER 2025**||||||
||||**2025**|**2024**||
|**Current Assets**||||||
|Bank Accounts|||11,869|14,182||
|Cash|||1,608|1,072||
|Debtors. Gif Aid|||937|2,711||
||||**14,414**|**17,965**||
|||||||
|**Current Liabilites**||||||
|Subscriptons in Advance|||2,970|3,612||
|Accruals|||922|150||
||||**3,892**|**3,762**||
|||||||
|**Net Assets**|||**£10,522**|**£14,203**||
|||||||
|**Funds**||||||
|Unrestricted Funds|||**£10,522**|**£14,203**||
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|Signed on behalf of the Trustees||||||
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|Fiona Robbins||||||
|Date||||||
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|**Report on the Statement of Financial Actvites**||||||
|I have examined the above Statement of Financial Actvites of Grantham U3A for the year ended 31||||||
December 2025, in conjunction with the records and supporting documents, and certify them to be in accordance with these. R. A. Claxton Date