.,rl','!I': Wlltiiiiiylr, u3a Saltburn District AGM & UPDATE Friday 3rd May 2024 ## **Saltburn District u3a AGM** ## **AGENDA** 1. Welcome 2. Apologies for absence 3. Approval of minutes from AGM 5[th] May 2023 4. Chair’s Report on highlights of 2023/24 5. Treasurer’s Report 6. Approval of examined accounts. 7. Approval of appointment of an Examiner for the accounts. 8. Election of committee 9. Motions – none submitted ## 10. Group Leaders’ Report 11. Theatre Group Report 12. Any other business 13. 50/50 Draw **Next update - Friday 7th June 2024, SCAR, doors open 9.45am – 10.15am Start** ## **Saltburn District u3a AGM** ## **2. Apologies for absence:** **Ann Strong, Catherine Donovan, Andrew Watts, Gill Maughan , Roger Elgood, Pat Ryan, Helen Pearson, Liz Read, Diane Goldby.** **3. Minutes of the 2023 AGM approval:** – **Proposed by:** – **Seconded by:** - **VOTE** ## **CHAIRS REPORT** ## • **MEMBERSHIP COMPARISION AT 31 MARCH 2024** **----- Start of picture text -----**
Total Membership 31 [st] March
2019 885 +11
2020 916 +31
2021 670 -246
2022 818 +148
2023 800 -18
-
2024 795 (7 affiliate) 5
**----- End of picture text -----**
## **As of midnight last night:** **Current: 670 members – Quorum needed: 67** ## **CHAIRS REPORT - GROUPS** - **69 Groups** - **57 Topics** - **29 Venues across east Cleveland Area** - **6 Outdoor groups** - • **1 in private home** ## **CHAIRS REPORT NOTABLE EVENTS OF 2023/24** **6th May – King Charles Coronation – commemoration pebbles, workshops, bunting, tap dancing** **21st September – National u3a week – Saltburn Library** **30th September - Treasure Hunt - 19 teams took part.** **10th October - Dementia Awareness – start of workshops and commitment to becoming dementia-friendly to help improve the lives of people affected by dementia. We have now held 3 sessions that were attended by a total of 104 SDu3a Members.** u3a learn, live Working to become Dementia c •.• Friendly Alzhelmers -Soclety 2023 This is to certify that U3A Saltburn Has committed to becoming more dementia-friendly to help improve the lives of people affected by dementia. 26-09-2023 Chairolth•Ttyst•e5 D￿• l)ementla Action T E ES 5 1 D E u3a learn, live I'r SALTBURN Round Dementia Frie Redcar & Clevel Dementia Friends SALTBURN U3A Redcarand Cleveland Dementia DerrLmtia Friends Action TE E S S I D E ## **CHAIRS REPORT NOTABLE EVENTS OF 2023/24** **1st Dec - Christmas update meeting – Murder Mystery Play written by Ann Gillatt and acted out by members of the committee.** **8th/9th March - Valley of Light –lanterns made by members for display by Stellar Projects in Saltburn Valley Gardens 23+ members attended two workshops to make lanterns of Saltburn landmarks. These were then on display in the Saltburn Valley Gardens.** Valley of Light u3a learn, live Photo by: Kate Greenwood u3a learn, live -.X*". ## **UPDATE MEETINGS** - **Presentations by groups** - **Desert Island Discs** - **Book Swaps** - **Fraud Workshops** - **Speakers** - **Update on u3a topics** - **Theatre group** - **Group News** - **And much more………** NEWSLETTER u3a learn, live Pwl Saltburn District Sprlny 2024 I•4￿ 47 W•htt•: httP:Ilu3••lte¥.org.uk1#￿tburn S&LIRUA TWNM•Y.TI•4iA Welcome to the 2024 Spring Newsletter Thls Is an ImportAnl Ilme of ye8r for S811burn Oisiricl u38, 88 11 Mtrrnborshlp Renewal Ilmtr In and wé hdd our AGM In May lon Frkjoy 3rd). You will Ilnd deloiled Inf0rm8lon lal•r In Ihi5 Newsleller about bolh of Ihose. indudlng a list ol all the d8109 gnd places when you cen pay yeur 2024125 m8mbershlplee8. And11 wlll 8IIM only cost you £10 por ye8rl 11 18 8180 the tlm? knal many of our offlc8rs on th8 Commlttee ￿11 b• slepplng down 8nd new f8ces vlll be 18klng on Ih8lr roles. We are sur• you would like lo loin u5 in thpnking Ihem for 011 their h8rd work and f¢x their InvaluaNe ￿￿trI￿li0￿8 lo ihe qu8rterfy Newsletter. We also have to say our goodbyes and thanks lo Hugh Melvin who ha• de&d•J to ¥￿thdraW from U)e News￿lI8r team. bjl ￿11 no (Soubt slll b• calling on hlm when we need great phologr8phsl Inslde you wlll find newB on Greups, Upd818 Meellngs, Memb8rshlp Information. and a look bBck Bl some of the events and news sinc* ￿[1￿$t issue in Decernber 2023. Look for The Valley of Light, u3a Festival. 50150 Prize Draw. and an imrortant message from our Chair. The news￿tter team would lov8 to hear from yeu Ih? website your ews on the new sty18 of the newsl?ttèr are most ￿lcoMe. After all. It YOUR newsletter- so anything goès. We need your views to make Ih newsletter Somelhing you wanl 10 read as s¢)M as il athves in your emal inbDX Ho¥vaTd Leake. Tft?¢i8 Satt. Val AlooTr, Anne Men•$ 4ndSarah Teifer YourNewslell8r Team FT AID 0tr4THLY DATI" ¢eiMI¥iTY ¥vDATI JA (h￿lY￿￿￿￿r 1109691 ## **NEWSLETTER** - **Excellent source of information** - **Emailed quarterly to all members.** - **Currently not on the website due to impending move to a new platform (siteworks).** - **5 active members, Howard Leake, Anne Menzies, Val Moore, Trish Salt and Sarah Telfer. Hugh Melvin – Editor has now stepped down.** - **Group leaders and members can submit articles for publication in the newsletter – deadline usually middle of prior month.** - **Hard copies no longer available due to cost.** ## **THANK YOU!** **40+ Members who give their time to help out with events and activities** **OUR COMMITTEE & KEYWORKERS Plus all others who slip under the radar – a huge thank you too.** ## **DONATIONS** **We are a non-profit organisation and as such need support like most charitable organisations do. Thank you to those who donate time and effort to help us raise money.** ## **Saltburn District u3a AGM** ## **4. Treasurer’s Report – Paul Bradbury** ## **5. Approval of examined Accounts** **Proposer: Seconder:** **All in favour:** **All against:** ## **Saltburn District u3a AGM** ## **PROPOSAL** **To continue using the services of Draycott and Kirk, Chartered Accountants, Guisborough** **Proposer: Seconder:** **Those in favour Those against** ## **Saltburn District u3a AGM** ## **COMMITTEE** **Current committee:** ***Chair – Gaye Batiz – at 3 year tenure** ***Vice Chair – Ken Johnson - resigning** **Treasurer – Paul Bradbury** **Secretary (Admin) – Margo Davison-Wood Secretary (Meetings) – Diane Goldby** ***Membership Secretary (Admin) – Louise Moore – at 6 year tenure Membership Secretary (Finance) – Mary Maternaghan *Groups Co-Ordinator – Karin Slade – at 6 year tenure Beacon/Facebook Officer – Elizabeth Read IT - Ken Bladen** **Communications/Website/Newsletter – Howard Leake (co-opted) Theatre Group Treasurer – Paul Spight (co-opted)** ## **COMMITTEE** **2023 – 2024 LEAVING** - **Ken Johnson – Vice Chair** - **Louise Moore – Membership Secretary** - **Karin Slade – Groups Co-Ordinator** - **Deb & Graham Barwick – Accessibility Champions** **2025 REPLACEMENTS NEEDED:** - **Membership Secretary – Finance – at 6 year tenure** ## **Saltburn District u3a AGM** ## **COMMITTEE** - **We will have to shuffle roles on the committee this year to cover roles.** - **Committee Meeting 8[th] May to decide roles.** - **New committee will be announced by email, newsletter and at the 7th June update meeting.** - **We still have a vacancy for Accessibility Champion. This is a non-committee role.** - **Any questions about the committee or other non-committee roles such as keyworkers can be answered by any one of the committee or put in an email to the Chair.** ## **Saltburn District u3a AGM** ## **8. Election/re-election of Committee** **STANDING FOR ELECTION NAME PROPOSER SECONDER DEBORAH BARWICK Karen Looms Julie Hodgson ANN STRONG Elizabeth Tilstone Ann Maddison** ## **Saltburn District u3a AGM** ## **9. Motions – none submitted** **10. Group Co-Ordinator’s Report – Karin Slade** ## **11. Theatre Group – Barbara Spight** ## **Saltburn District u3a AGM** ## **12. Any other business** ## **13. 1[st] 50/50 Draw** **Next update meeting: June 7[th] – Desert Island Discs** ## **Saltburn District u3a AGM** ## **Close of meeting** **ON BEHALF OF SDU3A COMMITTEE Thank you for your attendance and participation.** **Date of next AGM: Friday 2nd May 2024** SALTBURN DISTRICT U3A Registered charlty number 1109691 FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 ORAYCOTT & KIRK CHARTERED ACCOUNTANTS Cleveland House 92 We$tgate Guisborough Cleveland TS14 6AP SALTBURN DISTRICT U3A SUPPORT GROUP INFORMATION YEAR ENDED 31 MARCH 2024 Commlttèè Gaye Baliz Ichairl Margo Davidson-wood Isecrelaryl Diane Goldby Isecrelaryl Paul Bradbury (Treasurer) Kenneth Johnson (Vice Chairl Louise Moore Elizabeth Read Karin Slade Howard Leake Kenneth Bladen Paul Spighl Mary Maleinaghan Addre88 2 Westtield Road Marske by the Sea Redcaf TS11 6EH Bankern Naiwesl 5 High Sireel East Redcar TS10 3JR Accountsnts Draycoll & Kirk LLP Cleveland House 92 Weslgale Gui5borou9h Cleveland TS14 6AP Page 1 AL TB RN DIST TU3A TR TEE ANNUAL REPORT FOR THE PERIOD APRIL AR Nimes of CharSty trustf 68 who manage thp charlty Gaye Baliz ICh8irl Margo Davidson-wood Isecrelaryl Diane Goldby IS&cfelaryJ PaJl Bradbury ITreasureri Kenneth Johnson (Vice Chalrl Louise Moore Elizabplh Read K8rln Slade oward Leake K*nnèih Biaden Mary M81em8ghan Structur•r oovoinan¢8 and maTh4o&mont Goveming doGumenl'. A8sociale¢t within Ihe Third Agè Tw61. EIÈClion by members ai Ihe AGM. Truslee selecliDll melhod5'. Obj•GtIv•# 11 To advance Ihe educallon ol the pub11c and in particular the 8duc81ion ol p60ple fio lonogr In luiiiimé oainlu1 employmenl ho are in their Thlrd A9es (being Ihe period ol lime aller Ihe first age DI Ghildhood dependence and the se~Dnd aoe ol fu11 Surnmiry of the maln actlvltlèi undertakfyn lor thè publlc ben•llt In r•l•tlort to Ih••è oblectlv•• zoom meeting5 have bétn oftered 10 member$ Tht Trusie&s have hsd Fegard lo CCICCNI'6 guid8nce on Pvblic Ben8fil. Achlev•moni¥ 4nd pèrformllne4 Thp number ol mambers aver8ged 780 Cafelul managemenl of Ihe finHncts has ensured Ihe 5V$l8inabllily ol the chanly lor the comlng year. R•i•T¥•A pollcy The INsiee$ ¢onsld8r En 8mouni In r8$8Ne r8pr8Stnllno slx months cosls Is 8dvlsible 8nd Ihal an Iimouni Is rel8ln•d In excurslons 10 Allow lor the purtho$è 01 lickels Irt advance, Revl•w of Ilnao¢lil polltlon ai Ihfr year •fid. The Trustees conslder Ihe finonclal poslllon 81 Iho year end lo bo ggod and Ihal lh8 chbrily should be able 10 operate normglly In the lollwDg year. Th• Iru•¢4•• declar• they hovo •ppro¥•d thè Irubrg91' rnpcrt abov•. Slgnod on beh•lf of th• chgrlty'• t tg91 Slgnatur• Full Nafflè Pojltlon Chair Oated Page 2 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 2024 which are set i)ul on pages 4 10 6 Respective respongibilities of trustees and examiner The charity'5 trustees are responsible for the preparation of the accounts. The charity,:" trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (lie 2011 Acll and that an independent examination is needed. It is my responsibility lo.. examine the accounts under section 145 of the 2011 Act.. follow the procedures laid down in the general Dire¢lions given by the Charity lJommission under section 14515llbl ol the 2011 A¢1, and slate whether particular matters have come lo my attention, Basis of independent examingrfs report My examination was carried out in accordance with the general Directions given by th13 Charity Commission. An examination includes a review ol the accounting records kept by the Charity and a ci)mparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as Iruslees concerning any Such mallers. The pro,:edures undertaken do not provide all the evidence that would be required in an audit and consequently no opinioiTr is given as lo whether the accounts present a 'lrue and fair view and the report is limited lo those mallers set OU1 in the statement below. Independent examiner'8 Statement In connection with my examination, no maller ha5 come lo my allention., which gives me reasonable cause lo believe that. in any material respect, the requirements.. lo k&ep accounting Tecords in a¢cordance with section 130 of the 2011 Act,, and lo preparo accounts which accord with the accounting records and cjmply with the a¢¢ounling requirements of the 2011 Acl havg nol been mel., or to which, in my opinion, attention should be drawn in order lo enable a proper unjerslanding of the accounts lo be reached. C N Mason Chartered Certified Accountant Draycoll & Kirk LLP Clgvelan(J HoLise 92 Wgslgale Guisborough Cleveland TS74 6AP Date g/f/2 f Page 3 SALTBURN DISTRICT U3A Recei ts and ments account for the Year ended 31 March 2024 Note Unrestricted Restricted Funds Funds I"otal 2023 Incomin Resources 1,190 24.319 7,675 33,575 120 692 616 1.125 Group income Membership Theatre Group Third Age Matllers Contributions Coffee Morning Gift Aid Coffee mornings Items for sale Excursions Donations Interest received 28,510 7,908 28,510 7.908 28,817 126 28,817 126 924 1,694 245 305 50 145 924 1,694 245 305 190 145 140 3,445 67 Total Incomln Resoure88 39,906 28,957 68,863 72,833 Ex enditure Direct charltable expendlture Room Hire Theatre Group Third Age Matters Contributions Stationery Membership Subs lo the Third Age Trust 8eacon Subs lo the Third Age Trust Sundry Examiners fees Travel Licences Zoom Subscriptions Group activities Equipment Genera5 printing Total Ex enditure 31,471 31,471 29,244 166 89 3,160 800 25 240 347 87 140 1,294 2,157 811 28,437 33,098 353 321 3,325 815 158 240 43 29.244 166 89 3,160 800 25 240 347 87 140 237 1,078 300 230 143 1,799 658 358 153 38,187 31,844 70,031 68,635 Net Incomlngloutgoing Resourcas 1,719 12,8871 11,188) 4,198 Transfers between funds Total funds brought forward 30,350 9,116 39,466 35,268 Total funds carried forward 32,069 6,229 38,298 39,468 Page 4 SALTBURN DISTRICT U3A STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2024 This year unreslricled Thls year reslricled Til8 year T,)lal Cash Funds Cash at bank Cash in hand 32,069 6,229 38.298 32.069 38. Oth¥r mon•tary a88ets Subscription$ for 24125 received early 138 Inve8tm•nt assèts A88•ts r•tsinfjd for tho Charity'8 own u80 Computer el¢. Llabillti Independent èxamlnalion 240 Th• annual r6port and accounts wgre approv•d by the Tru¥tsfys o Dale glJ* Signed Full name . Gay@ Batiz Page S SALTBURN DISTRICT U3A Notes to the Accounts for the eriod ended 31st March 2024 1 Accountin Policles The financial statements have been prepared under the historical cost convention. and al'e in accordance with the Charities act and Charities Accounting Slalemenl Of Recommended Practice ISORPI a. All grants and voluntary income are accounted for gross when receivable. as long as Iliey are capable of financial measurement. b. All expenditure is account6d for including VAT when incurred. ¢. Transfers are made from restricted funds to unreslricled funds when grants are approved. d. Reserves policy.. The trustees have considered the level of reserves needed in order l() maintain the ongoing activities of the charity. The directors consider that an amount represer)ling six months running costs are advisable. 2 Grants Recelvable 2024 2023 Grant for Ukele Group Grant for U3a 40th aniversary event 840 350 1,190 3 Theatre Grou Included in the Theatre Group income is £3,756 paid in advance for shows not attended before the year end. Included in Theatre Group expenditure is £2,751 costs already incurred on those shows. Page 6a SALTBURN DISTRICT U3A Registered charlty number 1109691 FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 ORAYCOTT & KIRK CHARTERED ACCOUNTANTS Cleveland House 92 We$tgate Guisborough Cleveland TS14 6AP SALTBURN DISTRICT U3A SUPPORT GROUP INFORMATION YEAR ENDED 31 MARCH 2024 Commlttèè Gaye Baliz Ichairl Margo Davidson-wood Isecrelaryl Diane Goldby Isecrelaryl Paul Bradbury (Treasurer) Kenneth Johnson (Vice Chairl Louise Moore Elizabeth Read Karin Slade Howard Leake Kenneth Bladen Paul Spighl Mary Maleinaghan Addre88 2 Westtield Road Marske by the Sea Redcaf TS11 6EH Bankern Naiwesl 5 High Sireel East Redcar TS10 3JR Accountsnts Draycoll & Kirk LLP Cleveland House 92 Weslgale Gui5borou9h Cleveland TS14 6AP Page 1 AL TB RN DIST TU3A TR TEE ANNUAL REPORT FOR THE PERIOD APRIL AR Nimes of CharSty trustf 68 who manage thp charlty Gaye Baliz ICh8irl Margo Davidson-wood Isecrelaryl Diane Goldby IS&cfelaryJ PaJl Bradbury ITreasureri Kenneth Johnson (Vice Chalrl Louise Moore Elizabplh Read K8rln Slade oward Leake K*nnèih Biaden Mary M81em8ghan Structur•r oovoinan¢8 and maTh4o&mont Goveming doGumenl'. A8sociale¢t within Ihe Third Agè Tw61. EIÈClion by members ai Ihe AGM. Truslee selecliDll melhod5'. Obj•GtIv•# 11 To advance Ihe educallon ol the pub11c and in particular the 8duc81ion ol p60ple fio lonogr In luiiiimé oainlu1 employmenl ho are in their Thlrd A9es (being Ihe period ol lime aller Ihe first age DI Ghildhood dependence and the se~Dnd aoe ol fu11 Surnmiry of the maln actlvltlèi undertakfyn lor thè publlc ben•llt In r•l•tlort to Ih••è oblectlv•• zoom meeting5 have bétn oftered 10 member$ Tht Trusie&s have hsd Fegard lo CCICCNI'6 guid8nce on Pvblic Ben8fil. Achlev•moni¥ 4nd pèrformllne4 Thp number ol mambers aver8ged 780 Cafelul managemenl of Ihe finHncts has ensured Ihe 5V$l8inabllily ol the chanly lor the comlng year. R•i•T¥•A pollcy The INsiee$ ¢onsld8r En 8mouni In r8$8Ne r8pr8Stnllno slx months cosls Is 8dvlsible 8nd Ihal an Iimouni Is rel8ln•d In excurslons 10 Allow lor the purtho$è 01 lickels Irt advance, Revl•w of Ilnao¢lil polltlon ai Ihfr year •fid. The Trustees conslder Ihe finonclal poslllon 81 Iho year end lo bo ggod and Ihal lh8 chbrily should be able 10 operate normglly In the lollwDg year. Th• Iru•¢4•• declar• they hovo •ppro¥•d thè Irubrg91' rnpcrt abov•. Slgnod on beh•lf of th• chgrlty'• t tg91 Slgnatur• Full Nafflè Pojltlon Chair Oated Page 2 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 2024 which are set i)ul on pages 4 10 6 Respective respongibilities of trustees and examiner The charity'5 trustees are responsible for the preparation of the accounts. The charity,:" trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (lie 2011 Acll and that an independent examination is needed. It is my responsibility lo.. examine the accounts under section 145 of the 2011 Act.. follow the procedures laid down in the general Dire¢lions given by the Charity lJommission under section 14515llbl ol the 2011 A¢1, and slate whether particular matters have come lo my attention, Basis of independent examingrfs report My examination was carried out in accordance with the general Directions given by th13 Charity Commission. An examination includes a review ol the accounting records kept by the Charity and a ci)mparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as Iruslees concerning any Such mallers. The pro,:edures undertaken do not provide all the evidence that would be required in an audit and consequently no opinioiTr is given as lo whether the accounts present a 'lrue and fair view and the report is limited lo those mallers set OU1 in the statement below. Independent examiner'8 Statement In connection with my examination, no maller ha5 come lo my allention., which gives me reasonable cause lo believe that. in any material respect, the requirements.. lo k&ep accounting Tecords in a¢cordance with section 130 of the 2011 Act,, and lo preparo accounts which accord with the accounting records and cjmply with the a¢¢ounling requirements of the 2011 Acl havg nol been mel., or to which, in my opinion, attention should be drawn in order lo enable a proper unjerslanding of the accounts lo be reached. C N Mason Chartered Certified Accountant Draycoll & Kirk LLP Clgvelan(J HoLise 92 Wgslgale Guisborough Cleveland TS74 6AP Date g/f/2 f Page 3 SALTBURN DISTRICT U3A Recei ts and ments account for the Year ended 31 March 2024 Note Unrestricted Restricted Funds Funds I"otal 2023 Incomin Resources 1,190 24.319 7,675 33,575 120 692 616 1.125 Group income Membership Theatre Group Third Age Matllers Contributions Coffee Morning Gift Aid Coffee mornings Items for sale Excursions Donations Interest received 28,510 7,908 28,510 7.908 28,817 126 28,817 126 924 1,694 245 305 50 145 924 1,694 245 305 190 145 140 3,445 67 Total Incomln Resoure88 39,906 28,957 68,863 72,833 Ex enditure Direct charltable expendlture Room Hire Theatre Group Third Age Matters Contributions Stationery Membership Subs lo the Third Age Trust 8eacon Subs lo the Third Age Trust Sundry Examiners fees Travel Licences Zoom Subscriptions Group activities Equipment Genera5 printing Total Ex enditure 31,471 31,471 29,244 166 89 3,160 800 25 240 347 87 140 1,294 2,157 811 28,437 33,098 353 321 3,325 815 158 240 43 29.244 166 89 3,160 800 25 240 347 87 140 237 1,078 300 230 143 1,799 658 358 153 38,187 31,844 70,031 68,635 Net Incomlngloutgoing Resourcas 1,719 12,8871 11,188) 4,198 Transfers between funds Total funds brought forward 30,350 9,116 39,466 35,268 Total funds carried forward 32,069 6,229 38,298 39,468 Page 4 SALTBURN DISTRICT U3A STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2024 This year unreslricled Thls year reslricled Til8 year T,)lal Cash Funds Cash at bank Cash in hand 32,069 6,229 38.298 32.069 38. Oth¥r mon•tary a88ets Subscription$ for 24125 received early 138 Inve8tm•nt assèts A88•ts r•tsinfjd for tho Charity'8 own u80 Computer el¢. Llabillti Independent èxamlnalion 240 Th• annual r6port and accounts wgre approv•d by the Tru¥tsfys o Dale glJ* Signed Full name . Gay@ Batiz Page S SALTBURN DISTRICT U3A Notes to the Accounts for the eriod ended 31st March 2024 1 Accountin Policles The financial statements have been prepared under the historical cost convention. and al'e in accordance with the Charities act and Charities Accounting Slalemenl Of Recommended Practice ISORPI a. All grants and voluntary income are accounted for gross when receivable. as long as Iliey are capable of financial measurement. b. All expenditure is account6d for including VAT when incurred. ¢. Transfers are made from restricted funds to unreslricled funds when grants are approved. d. Reserves policy.. The trustees have considered the level of reserves needed in order l() maintain the ongoing activities of the charity. The directors consider that an amount represer)ling six months running costs are advisable. 2 Grants Recelvable 2024 2023 Grant for Ukele Group Grant for U3a 40th aniversary event 840 350 1,190 3 Theatre Grou Included in the Theatre Group income is £3,756 paid in advance for shows not attended before the year end. Included in Theatre Group expenditure is £2,751 costs already incurred on those shows. Page 6a