: 

## Oswestry U3A 

; 

||Accounts forthe year end 31st|Accounts forthe year end 31st|October|2022||;|||
|---|---|---|---|---|---|---|---|---|
|2,536|Annual subscriptions|||:|||3,758.50|;|
|200|Gift aid incomefrom taxman||||||:||
||Group Rebursment||||||430.00||
|8|Interest earned and sundry income||||||350.03||
|3,766|Money raised by studygroups||||||20,673.05||
|268|Entry charge forTuesday educational talks||||||1,055.70||
||Donations||||=||5.00||
|6,778|Total income raised for charitable purposes||||||26,272.28||
|-777|£4.00 per member paid to ThirdAgeTrust||||-944.00||||
||Money spent to support study groups||||-545.75||||
|-435|Cost ofTuesday meetings||||-1,921.42||||
|-883|Keeping in touch during lockdown||||||||
|-3,849|Money spent bystudygroups||||-19,872.10||||
|-21|Welfare expenses||||-33.70||||
||New Members meetings||||-85.30|||||
||Cost of social activities||||-126.85||||
|-150|ITexpenses||||-291.87||||
|-442|Administration costs||||-576.94||||
|-125|Fee for independent examination of accounts||||-125.00||||
|-311|Defibrillator pads and battery||||||||
||||;||||||
|-6,992|Total moneyspenton charitable purposes||||||-24,522.93||
|-214|Net position on year||||||1749.35||
||Total Funds 31st October 2021||||||||
|#REF!|Cash at bank after allowing for unpresented cheques||||||16,773.52||
||Cash in hand||||||9.00||
||Total||||||16,773.52||
|#REF!|Total funds as at 31st October 2022||||||18,522.87||
||Accumulated balance consists of||||||||
|16,774|Cash at bank after allowing forunpresented cheques||||||18,507.87||
||Cash in hand||||||15.00||
||||||||18,522.87||
|-768|Receipts in advance||||||||
|250|Payments in advance||||||||
|200|Sumsdue to be received|.|||||||
|-289|Sums due to be paid||‘||||-1,137.00||
|16,166|||||||17,385.87||
|2,337|Amounts belonging to Study Groups||||||3,414.20||
|7,500|Sums set aside for future asset replacement||||||7,500.00||
|1,550|Other amounts set aside||||||1,550.00||
|4,779|Working balance||||||4,921.67||
|16,166|||||||17,385.87||





UNIVERSITY OF THE THIRD AGE OSWESTRY 

## INDEPENDENT AUDITOR’S STATEMENT TO MEMBERS 

| have audited the financial statements of the U3A (Oswestry) including those for the Travel Group for the year ended 31 October 2022 and it is my opinion that the financial statements give a true and fair view of the affairs of the Association and of the Association’s income and expenditure for the year in question. 

All accounting records from the Association have been supplied to me and these have been reconciled with the financial records supplied by the Bank. 

Ulla Stephen M Tudhope Independent Auditor 

- 

Date 7/11/2022 



## g;| CHARITY COMMISSION (ake? FOR ENGLAND AND WALES 

## Trustees’ Annual Report for the period 

. 

## From 1 November 2021 To 31 October 2022 Charity name: OSWESTRY UNIVERSITY OF THE THIRD AGE 

## Charity registration number: 1127329 

## Objectives and Activities 

ee eee ee Summary of the purposes of |The advancement of education and, in particular, the the charity as set out in its education of older people and those who are retired from governing document full time work by all means, including associated activities conducive to learning and personal development. Summary of the main To meet this objective, Oswestry U3A operates a number activities in relation to those | of study groups which concentrate on particular subject purposes for the public matters embracing interests in the arts, science, culture, benefit, in particular, the heritage, the environment, conservation, new technology, activities, projects or services | physical health and recreational activities. We also identified in the accounts. provide regular educational talks on a wide variety of topics. These are open to all members, and a small fee is charged for attendance, to cover the hire of the hall or refreshments (dependent on where the meetings take place 

Statement confirming In pursuing these activities, the trustees have regard to whether the trustees have the guidance issued by the Charity Commission on public had regard to the guidance benefit. issued by the Charity Commission on public benefit 

## Achievements and Performance 

Po Oswestry U3A is a thriving organisation with 261 , members. It positively welcomes new members who frequently comment on the friendliness that they have Summary of the main encountered at their first and subsequent visits. Member achievements of the charity, | Numbers recovering following the reduction seen during . identifying the difference the | the time of the coronavirus shutdown in 2020 and 2021 charity’s work has made to the circumstances of its The U3A has 19 study groups involving 332 members beneficiaries and any wider | who organise for themselves how they undertake studies benefits to society as a and manage their affairs. Many of our members belong to whole. more than one group and the scale of involvement in a wide range of study activities shows how successfully Oswestry U3A is meeting its commitment to lifelong 



: 


**----- Start of picture text -----**<br>
)<br>**----- End of picture text -----**<br>


learning. We have a Groups Coordinator who provides a link between the Committee and individual study groups and actively promotes interest in new groups. The Committee has set aside funds to help new interests get off the ground and support any particular requirements of existing groups. An average of 60 persons regularly attend the bi weekly educational talks and there is a positive atmosphere during the thirty minutes.before a presentation starts as members chat over a cup of tea/coffee. Our speakers come from a wide variety of backgrounds and often comment favourably on the interest shown in their talks. In addition to invited speakers, we follow the self-help principle that underwrites our existence by having presentations from our own members. Our U3A is still seeing the impact of the coronavirus shut down. When face to face meetings became viable again unfortunately, we had lost our regular weekly Tuesday morning slot for educational talks at our venue. Initially the talks restarted on a Tuesday afternoon on a bi-weekly basis, however, this did not prove popular with the members and in January 2022 the meetings were moved to a Thursday morning. Since that time attendance has Started to improve. 

## Financial Review 


**----- Start of picture text -----**<br>
Review of the charity’s Income = £26,272<br>financial position at the end Expenditure = £24,522<br>of the period Income over expenditure = £1750<br>Statement explaining the The monies held at the end of the financial year total<br>policy for holding reserves £13,971. This will fluctuate from year to year but we need<br>stating why they are held to ensure that we have sufficient monies in reserve in<br>order to meet all our debts.<br>Amount of reserves held Set aside for future asset replacement £7,500<br>Set aside for specific future use £1,550<br>Working balance £4,921<br>Reasons for holding zero nla<br>Details of fund materially in n/a<br>deficit<br>Explanation of any n/a<br>uncertainties about the<br>charity continuing as a going<br>concem<br>**----- End of picture text -----**<br>


## Structure, Governance and Management 



; 

|bree CCATs<br>Type ofgoverning document |OswestryU3A is governed by a Constitution thatwas<br>adopted at theAnnual General Meeting on 4th November|bree CCATs<br>Type ofgoverning document |OswestryU3A is governed by a Constitution thatwas<br>adopted at theAnnual General Meeting on 4th November|
|---|---|
||2008. The Constitution was amended at theAnnual|
||General Meeting on 13th November2018 to reflect the|
||change to the Purposes Clause recommended to all|
||U3As by<br>the Third Age Trust.|
|How is the charity|Oswestry U3A charity is an unincorporated association|
|constituted?|which is independently managed. We are a member of|
||the ThirdAge Trust which represents the interests of all|
||U3As in the UK and embrace its Principles ofthe U3A|
||Movement. We comply with the governance<br>-|
||requirements ofthe Trust.<br>;|
|Trustee selection methods|Trustees are selected from the membership, are|
|including details ofany|elected/re-elected at eachAGM, and serve a fixed term,|
|constitutional provisions e.g. | as laid down by the constitution.||
|election to post orname of||
|any person orbody entitled to||
|appointoneormoretrustees||



## Reference and Administrative details 

— 


**----- Start of picture text -----**<br>
/Charityname sss |UNIVERSITYOFTHETHIRDAGE OSWESTRY sd<br>Charity’s principal address C/o The Memorial Hall<br>Smithfield Street<br>Oswestry<br>SY112EG<br>**----- End of picture text -----**<br>


## Names of the charity trustees who manage the charity 


**----- Start of picture text -----**<br>
Trustee name Office (if any) Date of.  original entitledName ofto personappoint (ortrustee body)<br>appointment to role (if any)<br>trustees, but ratified by<br>.<br>4 2019<br>1c<br>6 2019<br>|9 2018<br>[RichardResves |= tNoverber 2076<br>**----- End of picture text -----**<br>




Exemptions from disclosure 

## Reason for non-disclosure of key personnel details 

## Declarations 

The trustees declare that they have approved the trustees’ report above. % |) Signed on behalf of the charity’s trustees/[f] Position Full name(s)| John Quine (LA _| (eg Chair,Secretary,etc) |Treasurer "ha 

Date 15 December 2023