## **Chair's letter for AGM 2025** 

## **Dear fellow members,** 

This past year has been one of change and growth for Odiham District u3a. I am pleased to report that we have added many new groups throughout the 2024/25 academic year, which has attracted record numbers of new members.  Perhaps more importantly we have maintained our sense of fun and enjoyment, helped by the creation of a new u3a wide events group. 

In the past academic year, we have added groups ranging from Languages and Chess through to Flower Arranging and Physics, at the same time replicating some existing groups to accommodate our growing numbers. With over 150 weekly or monthly sessions, plus u3a wide activities we aim to provide enough variety to keep our more than 850 members busy. 


Although we are called Odiham District we are pleased to welcome members from Hook and all the surrounding villages and towns, bringing fresh ideas and skills into our many and varied groups. We have had a net growth of over 100 members since our last AGM, joining a wide range of groups. 

As a charity it is important that we balance our books, keeping enough in reserve to cover future di�iculties whilst ensuring we do not run a deficit. Therefore, this year we took a conscious decision to support the growth of new groups financially, recognising that costs can be higher until a group gets established. This has helped the Languages groups for example, to be the success we have today. 

We have also increased our subsidy for u3a wide events, open to all, such as quiz nights and concerts. To manage this, we have created a dedicated events team run by Albert Boniface, our Treasurer. 

It is always sad to see people leave, but this year the leadership team is saying goodbye to some hard-working members. I would like to thank Gill Harden our groups lead who has been supporting us for nearly 8 years, Chris Gotla our Treasurer, Jane Osgood on publicity and Mike Shaw our webmaster. They are all stepping down after years of great teamwork and will be greatly missed by all the members they have supported. They will of course remain part of our wider u3a family. 

I am pleased to welcome Albert Boniface into the role of Treasurer and Julie Aldridge who has joined the team as our business manager. They will join Anne Murray, Sue Mitchell and Marion Sharp, all of whom work tirelessly to keep everything running smoothly. 

As my predecessor said, the u3a is all about its members, and especially those who take on the leadership of groups. I would like to make a special thanks to those group leaders for their support and hard work in making our u3a such an enjoyable place to be. 



Wishing you all an educational and fun year. 

**Ian Green** , Chair, Odiham District u3a 



Page 1
ODIHAM and DISTRICT U3A
(Registered Charity 1147920)
Statement of Financial Activities for the period ended 31st July 2025
Income and expenditure
account
Year ended 30th June
2024
2025
Income
Membership
Membership subscriptions
Collected by groups
Gift Aid receivable
Miscellaneous income
Total income
15,958
71,963
3.107
594
91,622
14,455
57,666
2,588
464
75,173
Expenditure
Charitable expenditure
Third Age Trust Capitation
Cost of Groups, activities
Cost of monthly meetings
Cost of group coordination
Cost to set up groups
3,220
75.011
1.825
1.923
430
82.409
2,877
58.521
2,042
1.722
440
65.602
Support costs
Communication, stationery and
postage
Software. finan￿ and other
costs
Equipment depreciation
2.472
2,735
3,510
645
6.627
89.036
3,219
624
6,578
72,180
Total expenditure
Net surplus for the year
£2.585
£2,993

Page 2
ODIHAM and DISTRICT U3A
(Registered Charity Number 1147920)
Balance Sheet at 31 July 2025
Year ended 30th
June
Notes
2025
2024
Fixed Assets
Current Assets
Prepayments
Cash at Bank
Cash in hand
4,057
21,301
5,380
30,738
21,393
2.603
23,996
Less.- Current Liabilities
Third Age Trust
Accruals
Others
482
6,922
7,404
3,247
3,247
Net Assets
£23,334
£20,749
Represented by:
Funds at the beginning of the
year
20,749
17.756
Net surplus for the year
2,585
2,993
Funds at the end of the year
£23,334
£20.749
Approved by the Trustees 10 September 2025
lan Green - Chair
Chris Gotla -
Treasurer

ODIHAM and DISTRICT U3A
(Registered Charity Number 1147920)
NOTES ON THE ACCOUNTS FOR THE PERIOD ENDED 31st JULY
2025
1. ACCOUNTING POLICIES
1.1 Basis of Accounting
The financial statements have been prepared under the historical
cost convention and in accordance with applicable UK accounting
standards, the Charities SORP (FRS102) and the Charities Act 2011.
1.2 Fixed Assets and Depreciation
Fixed assets are fully depreciated in the year of purchase.
1.3 Going concern
The accounts are prepared on a going concern basis.
1.4 Gift Aid
Gift Aid receivable is included in the SOFA when there is a valid
declaration from the donor. Any Gift Aid recovered on a donation is
attributed to be part of gift.
2. MEMBERSHIP
Membership subscriptions are due in August and there were no
outstanding subscriptions at the end of the year.
3. FIXED ASSETS
At cost
At the beginning of the year
Additions
At the end of the year
4.265
645
4.910
Depreciation
At the beginning of the year
Charge for the year
At the end of the year
4,265
645
4,910
Net book value at the end of the year

Page
ODIHAM and DISTRICT U3A
(Registered Charrty Number 1147920)
NOTES ON THE ACCOUNTS FOR THE PERIOD ENDED 31st JULY 2025
(Continued)
4 CASH IN HAND
This is made up of Treasurerfs Main Petty Cash together with
balances held by most of the large individual groups. There are
3 groups, or activities. with their own bank accounts and their balances
(totalling £3254) are included in Cash in Bank.
A few small groups, with insignificant amounts involved. are not included.
5 CREDITORS
Money held in all u3a Bank Accunts on behalf of Groups and
their members.
6 TRUSTEES REMUNERATION AND EXPENSES
No remuneration directly or indirectly was paid or
payable for the year to any trustee or to any person or
persons connected with any of them.
No amounts have been paid to any of the trustees for
expenses they may have had to meet personally in order
to carry out their duties.

Inde endent ExaMIne￿ Re
to the Trusts88 of Odih
Dlstrlct U3A
mand
Charity number 1147920
I report to the trustees on my examination of the aco)unts. set out in pages 1 to 4. of
Odiham and DistriGt U3A for the perN)d ended 3181 July 2025.
Responsibilities and basis of report
As the charity's trustees, you are responsib￿ for the preparation of the ac￿Unts in
accordance with ￿ requirements of Chanties 2011 ('the acy ).
I report in respect of my examination of the accounts carried out under section 145 of
the 2011 Ad and in carrying out my examination, I have followed all the applicable
Diredions given by the Chanty commission utsjer section 145(5)(b) of the ACL
Independent Examinor's Statwnont
I have completed my examinab'on. l o)nfim) that no matersal matters have ¢ome to
my attention in connection with the examination which gve caw to believe tha(
in any material respect ."
The accounting records were not kept in awdance with section 130 of the
Charities Act or
The a¢￿urrts do nol aCc(￿d Ihe accounling recx)rds." or
The accounts do not compty with ts applicable requirements ￿n￿rnIng the"
form and content of accounts set out in the Chariiies (Accounts and Report)
Regulations 2008 other than any requirerrEnt that the accounts give a 'tNe
and fair view whth is not a matter C4Thde￿ as part of an indeperKlent
examination.
I have no ￿ncernS and have come across rKJ other matter5 in connection with
examination to which attention should be drwwn in this report in order to enable a
proper urmjerstanding of the attounts to te reached.
Signed:
Graham Deverill FCA Retired
7 Reynts"ens VEW
Odiham RG29 1AF
Date: 11