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2022-03-31-accounts

SALTBURN DISTRICT U3A

Registered charity number 1109691

FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022

DRAYCOTT & KIRK CHARTERED ACCOUNTANTS Cleveland House 92 Westgate Guisborough Cleveland TS14 6AP

SALTBURN DISTRICT U3A

SUPPORT GROUP INFORMATION YEAR ENDED 31 MARCH 2022

Committee

Gaye Batiz (Chair) Deborah Barwick (Secretary) Pauline Piper (Treasurer) Derek Gilliat Louise Moore Sarah Telfer Mary Maternaghan Karin Slade Howard Leake Charles Sanderson Paul Spight

Address

2 Westfield Road Marske by the Sea Redcar TS11 6EH

Bankers

Nat West 5 High Street East Redcar TS10 3JR

Accountants

Draycott & Kirk LLP Cleveland House 92 Westgate Guisborough Cleveland TS14 6AP

Page 1

SALTBURN DISTRICT U3A

TRUSTEES ANNUAL REPORT FOR THE PERIOD

1ST APRIL 2021 TO 31ST MARCH 2022

Names of Charity trustees who manage the charity

Gaye Batiz (Chair) Deborah Barwick (Secretary) Pauline Piper (Treasurer) Derek Gilliat Louise Moore Sarah Telfer Mary Maternaghan Karin Slade Howard Leake Charles Sanderson Paul Spight

Structure, governance and management

Governing document: Constitution Constitution of the charity: Associated within the Third Age Trust. Trustee selection methods: Election by members at the AGM.

Objectives

1) To advance the education of the public and in particular the education of people no longer in fulltime gainful employment who are in their Third Ages (being the period of time after the first age of childhood dependence and the second age of full time employment and/or parental responsibility) residing in Saltburn and its surrounding locality;

2) 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.

Summary of the main activities undertaken for the public benefit in relation to these objectives

Due to coronovirus restrictions we had to rethink the way we provided activites whilst following Government guidelines. For examble by zoom meetings.

The Trustees have had regard to CC/CCNI's guidance on Public Benefit.

Achievements and performance

The number of members averaged 813

Last year's income was low due to COVID restrictions, with restrictions being removed during the year income has increased accordingly.

Careful management of the finances has ensured the sustainability of the charity for the coming year.

Reserves policy

The trustees consider an amount in reserve representing six months running costs is advisable and that an amount is retained in excursions to allow for the purchase of tickets in advance.

Review of financial position at the year end.

The Trustees consider the financial position at the year end to be good and that the charity should be able to operate normally in the following year.

The trustees declare they have approved the trustees' report above.

Signed on behalf of the charity's trustees

Signature
Full Name
Position
Dated
Gaye Batiz
Gaye Batiz
Chair
27/04/2022
Page 2

SALTBURN DISTRICT U3A

Receipts and payments account for the Year ended 31 March 2022

Note
Incoming Resources
Grants
2
Group income
Membership
Theatre Group
3
Third Age Mattters Contributions
Coffee Morning
Gift Aid
Theatre Group coffee mornings
Items for sale
Donations
Interest received

Total Incoming Resources

Expenditure
Direct charitable expenditure
Room Hire
Theatre Group
3
Third Age Matters Contributions
Stationery
Membership Subs to the Third Age Trust
Beacon Subscription to the third age trust
Sundry
Examiners fees
Travel
Items for sale
Zoom Subscriptions
Group activities
Equipment
General printing

Total Expenditure

Net Incoming/Outgoing Resources
Transfers between funds
Total funds brought forward

Total funds carried forward
Unrestricted
Funds
-
13,693
4,021
-
-
155
323
729
93
63
11
__
19,088
__
14,434
-
-
217
2,345
670
160
240
15
-
186
537
96
75
__
18,975
__
113
-
28,960
__
29,073
__
Restricted
Funds
-
-
15,760
216
-
-
-
-
-
-
__
15,976
__
-
14,439
45
-
-
-
-
-
-
-
-
-
-
-
__
14,484
__
1,492
-
4,703
__
6,195
__
Total
Funds
-
13,693
4,021
15,760
216
155
323
729
93
63
11
__
35,064
_
_
14,434
14,439
45
217
2,345
670
160
240
15
-
186
537
96
75
__
33,459
_
_
1,605
-
33,663
___
35,268
___
_
_
_
_
_
_




2021
-
2,024
3,350
3,816
-
-
1,276
-
-
115
40
_
10,621
_
1,240
5,050
-
-
-
758
345
240
-
40
173
161
-
-
_
8,007
_
2,614
-
31,049





___ 33,663
_

Page 4

SALTBURN DISTRICT U3A STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2022

This year
This year
unrestricted
restricted
Cash Funds
£
£
Cash at bank
29,073
6,195
Cash in hand
-
-
29,073
6,195
Other monetary assets
Subscriptions for 22/23 received early
Investment assets
Assets retained for the Charity's own use
Computer etc.
Liabilities
Independent examination
This year
This year
unrestricted
restricted
£
£
29,073
6,195
-
-
This year
Total
£
35,268
-
29,073
6,195
35,268
£
1,847
1,847
£
nil
240
240

The annual report and accounts were approved by the Trustees on Date 27/4/22 Signed ………Gaye Batiz Full name ......Gaye Batiz

Page 5

SALTBURN DISTRICT U3A

Notes to the Accounts for the period ended 31st March 2022

1 Accounting Policies

The financial statements have been prepared under the historical cost convention, and are in accordance with the Charities act and Charities Accounting Statement Of Recommended Practice (SORP).

d. Reserves policy: The trustees have considered the level of reserves needed in order to maintain the ongoing activities of the charity. The directors consider that an amount representing six months running costs are advisable.

2 Grants Receivable

Grant for Photography Group
Grant for Band Group
2022
£
-
-
2021
£
-
-
- -

3 Theatre Group

Included in the Theatre Group income is £2,400 paid in advance for shows not attended before the year end, included in Theatre Group expenditure is £1,176 costs already incurred on those shows.

Page 6a

SALTBURN DISTRICT U3A

Notes to the Accounts for the period ended 31st March 2022

4 Funds

Funds
Unrestricted funds
Restricted funds
Theatre group
a)
Photography Group
b)
SDU3A Band Group
b)
Ukele Group
b)
Third Age Matters Contributions
Opening
balance
28,960
Transfer
Incoming
between
resources
funds
19,088
Outgoing
resources
(18,975)
Closing
balance
29,073
4,432
37
34
200
15,760
-
-
-
-
-
216
(14,439)
-
-
(45)
5,753
37
34
200
171
4,703 15,976
-
(14,484) 6,195

a) Monies received for the Theatre Group are used to pay for tickets which are bought in advance.

b) Monies received for the specific Group costs

5 Analysis of funds by assets

Current assets
Current liabilities
Unrestricted
Restricted
Total
29,073
6,195
35,268
(240)
-
(240)
28,833
6,195
35,028

6 Transactions with trustee's and connected persons

During the year there was no transactions with connected persons.

7 Committee indemnity insurance

During the year, insurance was purchased to indemnify the committee against default on their part.

8 Control

The group is under the control of the committee..

Page 6b

Independent Examiner's Report to the Trustees of Saltburn District U3a

I report on the accounts of the charity for the year ended 31 March 2022 which are set out on pages 4 to 6

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

C N Mason

Chartered Certified Accountant

Draycott & Kirk LLP Cleveland House 92 Westgate Guisborough Cleveland TS14 6AP

Date 27/4/22

Page 3