| + CHARITY COMMISSION FOR ENGLAND AND WALES ## Trustees’ Annual Report for the period From 1 April 2023 To 31 March 2024 Charity name: Southwell u3a Charity registration number: 11323337 |Objectives and Activities|Objectives and Activities||| |---|---|---|---| |fs
rte
Summary ofthe purposes of| Pare 1.17
Theadvancementofeducation and in
the charityas setout in its
particular, the education ofolderpeopleand
governing document
thosewho are retired from full time work,|||| ||||including activities conducive to learning and| ||||personal development.| |Summary ofthe main
activities in relation to those|ps|1.17and|1. Membersformgroups to explore, studyand
undertake various topics, activities,| |purposes forthe public
benefit, in particular, the
activities, projects or
ak identified inthe
PEROT,|||experiences andacademic subjects. These
groups are led bythemembersforthe
members. The underlyingparadigm isfirmly in
theself-help area. Peoplestudyand learnfor
theirown benefit. Most groups meetona| ||||monthly basis, butsome meet more| ||||frequently.| ||||2.The u3a organisesa series ofevents that all| ||||members can subscribe to. A regular meeting| ||||once a month, with a speaker and ad hoc visits| ||||(about 6 each year) give members a chance to| ||||explore topics and subjects that they are not| ||||regularly engaged with.| ||||3. Workshops focussing on specific topics are| ||||organised bythe u3a, specifically to assist| ||||members with issues pertinent to the third age| ||||e.g., First Aid, staying safe online and saving| ||||energy.| ||||All trustees will have read the statutory| ||||guidance and the Treasurer, in particular,| ||||regularly refersto this at trustee meetings.| |Statement confirming|Para 1.18||All charity trustees have regard to the| |whether the trustees have|||commission’s public benefit guidance| |had regard to the guidance|||| |issued by the Charity|||| |Commission on public|||| |benefit|||| |Additional information (optional)|Additional information (optional)| |---|---| |You may
choose to include further statements where relevant about:
fC
SSC*SOPreferenceTO|| ||Para 1.38| |.
:
Policy on grant making|| ||Para 1.38| |:
-
oy
Policy on social investment|| |including program|related| |investment|| ||Para 1.38| |—"
Contribution made|by| |volunteers|| |Coa|Gl| ## Achievements and Performance |Sd|Sd|Sd|Sd|The membership ofSouthwell u3a is around| |---|---|---|---|---| |||||840 as at March 2024.| |Summary ofthe main
hievements ofthe charity
ac
fvi
:
’
eltyingmecaninethe
cnarity S$Wor aaa to
the circumstances of its
Beene
.
beneficiaries
andanywider
benefits
tosocietyasa
whole.|||Para 1.20
,|Wenow have over70 active groups, covering a
iviti
‘ies
|
range of activities such as walking, indoor
climbing, geopolitics,filmappreciation,
photography, canasta andjewellerymaking.
Newgroupsareformedwhenoldgroupscome
t
d.
Numbers
i
f
Beit
oanend. Numbersingroupsvary fromabou
6 to over 30.| |||||Southwell u3a has also increased the learning| |||||opportunities by organisingworkshops that| |||||focus on issues common to people in their| |||||third age. These have included using smart| |||||phones, first aid, plumbing and energy saving.| |||||As our members are in their third age it would| |||||not be presumptuous to declare thatthe trust| |||||is having a beneficial effecttothe health ofour| |||||community. There is plenty of research that| |||||demonstrates that healthy minds lead more| |||||often than not to healthy bodies. In addition,| |||||some ofour groups major on healthy exercise| |||||andactivity.| Additional information (optional) You may choose to include further statements where relevant about: |Achievements against|Para 1.41|| |---|---|---| |objectives set||| ||||| |Performance offundraising
activities against objectives ||Pa" 1-41|| |set||| |Investment performance|Para 1.41|| |against objectives||| |el||| ## Financial Review |Review ofthe charity’s
financial position atthe end
ofthe period|Para 1.21|Thechangestothemembership renewal date
to 1° March helped us finish the yearwith a
healthy bank balance ready to startthe|| |---|---|---|---| |||2024/25 fiscal year. The 1* April is nowthe|| |||peak ofourincome with our subscriptions|| |||collected for the forthcoming year. This means|| |||thatwe can start the new year with financial|| |||confidence.|| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity has established a reserves policy,
which setsoutwhy reserves are needed, and
the target level ofreserves. The charity needs|| |||to hold reserves for the following reasons:|| |||1. To cover for periods in the financial year|| |||should outgoings exceed income|| |||2. To cover for risks such as a supplier failure,|| |||excesses in the event of an insurance claims,|| |||replacement of capital items, overthe amount|| |||setout in the annual budget etc|| |||3. To set aside funds for future growth and|| |||development.|| |||The policy aims to keep a minimum level of|| |||reserves adequate to cover 1-3 above, but not|| |||to exceed the equivalent of6 months total|| |||annual expenditure.|| |||The charity holdsthree accountswitha total|| |||surplus atthe end ofthe financial year of|| |||£6,285 (£5,085 unrestricted funds and £1,200|| |||restricted funds)|| ||Pace Wee|£13,991||| |reservesFl
a
deficit
Explanation of any
Para 1.23
uncertainties about the[a
concern|||| ## Additional information (optional) You may choose to include further statements where relevant about: The charity’s principal source of funds is membership subscriptions supplemented by The charity's principal HMRC Gift Aid. This supports the delivery of sources of funds (including ioicaiiaiad those activities which are set out above, by any fundraising) funding speakers and events, newsletters, affiliation fees to our parent body (Third Age Trust) and capital equipment etc. **----- Start of picture text -----**
Investment policy and Fara |
|
objectives including any
social investment policy
adopted
1. Increased costs
2. Reduction in membership
A description of the principal | Para 1.46
risks facing the charity
In 2024/25 we have several capital items of
Other equipment that need replacing due to age.
**----- End of picture text -----**
## Structure, Governance and Management |Description of charity’s||| |---|---|---| |trusts:||| |Type ofgoverning document| Para 1.25
Constitution
ftascecryastaty
|
How is the charity
Para 1.25
Trustees incorporated as a body
constituted?||| |(@.g unincorporated||| |association, CIO)||| |Trustee selection methods|Para 1.25|Election atAGM| |including details ofany||| |constitutional provisions e.g.||| |election to post orname of||| |any person or body entitled||| |to appoint one or more||| |trustees||| |Additional information (optional)
You may
choose to include further statements where relevant about:||| |Policies and procedures||| |adopted for the induction|Para 1.51|| |and training oftrustees||| |The charity’s organisational||| |structure and any wider|Pare 1:91|| |network with which the||| |charity works||| |Relationship with any related| Para 1.51||| |parties||| |m~
hE||| |Reference and Administrative details||| ||Charityname ss[Southwellu3aC—~—“*~*—“—s*S*S*S*s*s*~“‘“‘—s*~Ss*s~S~S~S||| |Registered charitynumber [11323337
SC™~=<“—*~“s*s*~‘“‘“s*~*S*~*~*~*~*~™S™S~S~*S
Charity’s principal address
Room 27||| ||The Minster Centre|| ||Church Street|| ||SOUTHWELL|| ||Nottinghamshire|| ||NG25 OHD|| |TO
_]||| ## Names of the charity trustees who manage the charity Humphries | a PY ee 17ee ee 18ee a ee 19pe 20a ce Tene Corporate trustees — names of the directors at the date the report was ap proved econ EE ee seport approved SS ee **e** e ee lege s **o** p h Se eee Name of trustees holding title to Property belonging to the charity ruse. nans Ti shat aya —— oo ———— ee Sa eee eee ee Sees een oo ae SEaseeseeees mrceeeee ## Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## Additional information (optional) Names and addresses of advisers (Optional information) Type of Name Address adviser ————— Name of chief executive or names of senior staff members (Optional information) ## Exemptions from disclosure Reason for non-disclosure of key personnel details ## Other optional information **----- Start of picture text -----**
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## Declarations The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Full name(s)| Brian Platts Nadina Lincoln Position (eg Secretary, |Chair 2023-2024 Chair, etc) Date ne CHARITY COMMISSION FOR ENGLANO ANO WALES sou1h￿l1 & Dlstrlct u3a 1132337 Recei ts and ments accounts To CC16a For the period 01104r2023 3110312024 Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Totsl funds Last yoar to tho n8ar08t £ tt4 th• n•ar8St£ toth• n￿rest£ to th• no•Mt£ to the near8¥t£ A1 Recei M8mbership Subscriptths Visitors donations Sae of d￿ries Hit8 doffice Grft AKI Tax R8ttsm Dev8&¥rnent FurKI miscel￿ne0UB Incorne t groups- 18 16,394 104 185 104 185 107 193 339 307 307 rom group 1bh84 18￿14 memt Scoal. trips, events & wsits 17.054 17.054 16N03 16.403 ross income or AR) 19.r12 63,229 s7￿8 set an $8e table . nves sa 329 76 men Hio rf venue for rnonthty maetings Office Co&t8 Affth"ation Fee$ Beacon F888 OiaTie$ Pur¢ha8ed U3a Joumal rkniir Speakern Equipment Icapftdl Equipment (other) Groups Support New Members meeti Workshops AdminiStra￿0Th Refreshmenls monthly meetings Websrte L￿9￿¢?$ Group Development Sumvp Faes Miscelanèou8 Expendrtu¥* Intere51 Groups Payments Swal- Trips, Events & Visits 1,663 1.191 2.173 3,020 783 176 1147 3,020 783 176 1,847 743 184 1M83 882 851 96 242 126 1,133 248 522 1.175 405 129 1,176 406 129 3B4 129 138 26 1.032 138 25 1,032 16A83 16.874 17 719 14.581 19,360 47J99 16A83 16174 32,257 Sub total 14.888 A4 Assgt and Investmont Sub total 14, 32367 46 47.399 Net of receiptsi(payments) AS Transfer5 between funds A6 Cash funds last year end Cash funds this year end 5.085 6.286 10N78 5.08 12 6.285 10.47 CCXX R1 acts)unts ISS) 3010712024 Section B Statement of assets and liabilities at the end of the period Unrestricted funds Restricted funds to no8r•8t£ Endowment funds to noar•8t£ Categorles Details to n•arest£ B1 Cash funds Ca8h at Bank 28.582 7.024 Cash in Hand 26 Total cash funds 2B.606 7.466 ac(J)Jnt{811 Unrestricted funds to £ Restri¢t9d funds to n•aro$t E Endowmgnt funds Details Comwt8rsl Prlrttirs I Photocowers Prqectors. visuali5ers to noare5t£ B2 Other monetary assets Unr•stsictod Scrrèn8 TatAe$ 8 Cha'rs Unrestrfctod Audw) Equiwnent Unrn8trktod PA SyBtem8 Unro#lrkt•d Staging Unrostrfctqd Fi1Sng CupboardB Unrostrlctsd Water Bdkw8 Unr•slrf¢t•d Fund to whkh as8Ot bolon Details Co•t loplonall v*lu• tk>n• B3 Inveslment as80ts Fund to whkb a•••t b•lon D•ta118 Colt loplonall Currnniv*ly• B4 Assets rntalned for the charfty's own u80 Fund to whlch Amount dua Det.3ils When duo 85 Liabilitles Signed by one or fvKJ trustees on behalf of all thè knstee8 s￿natUre Print Name Date of roval Jrt Al￿ rr£ CCXX R2 accounts ISS} 3010712024 CHARITY COMMISSION FOR ENGLANO ANO WALES sou1h￿l1 & Dlstrlct u3a 1132337 Recei ts and ments accounts To CC16a For the period 01104r2023 3110312024 Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Totsl funds Last yoar to tho n8ar08t £ tt4 th• n•ar8St£ toth• n￿rest£ to th• no•Mt£ to the near8¥t£ A1 Recei M8mbership Subscriptths Visitors donations Sae of d￿ries Hit8 doffice Grft AKI Tax R8ttsm Dev8&¥rnent FurKI miscel￿ne0UB Incorne t groups- 18 16,394 104 185 104 185 107 193 339 307 307 rom group 1bh84 18￿14 memt Scoal. trips, events & wsits 17.054 17.054 16N03 16.403 ross income or AR) 19.r12 63,229 s7￿8 set an $8e table . nves sa 329 76 men Hio rf venue for rnonthty maetings Office Co&t8 Affth"ation Fee$ Beacon F888 OiaTie$ Pur¢ha8ed U3a Joumal rkniir Speakern Equipment Icapftdl Equipment (other) Groups Support New Members meeti Workshops AdminiStra￿0Th Refreshmenls monthly meetings Websrte L￿9￿¢?$ Group Development Sumvp Faes Miscelanèou8 Expendrtu¥* Intere51 Groups Payments Swal- Trips, Events & Visits 1,663 1.191 2.173 3,020 783 176 1147 3,020 783 176 1,847 743 184 1M83 882 851 96 242 126 1,133 248 522 1.175 405 129 1,176 406 129 3B4 129 138 26 1.032 138 25 1,032 16A83 16.874 17 719 14.581 19,360 47J99 16A83 16174 32,257 Sub total 14.888 A4 Assgt and Investmont Sub total 14, 32367 46 47.399 Net of receiptsi(payments) AS Transfer5 between funds A6 Cash funds last year end Cash funds this year end 5.085 6.286 10N78 5.08 12 6.285 10.47 CCXX R1 acts)unts ISS) 3010712024 Section B Statement of assets and liabilities at the end of the period Unrestricted funds Restricted funds to no8r•8t£ Endowment funds to noar•8t£ Categorles Details to n•arest£ B1 Cash funds Ca8h at Bank 28.582 7.024 Cash in Hand 26 Total cash funds 2B.606 7.466 ac(J)Jnt{811 Unrestricted funds to £ Restri¢t9d funds to n•aro$t E Endowmgnt funds Details Comwt8rsl Prlrttirs I Photocowers Prqectors. visuali5ers to noare5t£ B2 Other monetary assets Unr•stsictod Scrrèn8 TatAe$ 8 Cha'rs Unrestrfctod Audw) Equiwnent Unrn8trktod PA SyBtem8 Unro#lrkt•d Staging Unrostrfctqd Fi1Sng CupboardB Unrostrlctsd Water Bdkw8 Unr•slrf¢t•d Fund to whkh as8Ot bolon Details Co•t loplonall v*lu• tk>n• B3 Inveslment as80ts Fund to whkb a•••t b•lon D•ta118 Colt loplonall Currnniv*ly• B4 Assets rntalned for the charfty's own u80 Fund to whlch Amount dua Det.3ils When duo 85 Liabilitles Signed by one or fvKJ trustees on behalf of all thè knstee8 s￿natUre Print Name Date of roval Jrt Al￿ rr£ CCXX R2 accounts ISS} 3010712024