Arun East u3a Trust Financial statements for the ear ended 31 Ma 2025 General note on activities The Arun East u3 a Trust is a charity in its own right, It is registered with the Charities Commission under number 1152536. It is part of a network of local u3as which are affiliated to the Third Age Trust. Local u3as are autonomous in tems of their constitution and structure but are required to embrace the aims and guiding principles of the national organisation. Its constitution is a model approved by the Third Age Trust. Arun East u3a Trust exists for the advancement of education of older people and those who are retired from full time work and are members of the Trust. Its scope includes associated activities conducive to their learning, personal development and their wellbeing. Members are primarily drawn from Rustington, Angmering, East Preston, Ferring and the surrounding locality. It operates over one hundred different activity groups covering a wide range of interests and groups. Arun East u3a Trust Financial statements for the year ended 31 May 2025 Balance Sheet as at31 May 2025 2024 Fixed Assets Computer AIV equipment (note 4) 523 Current Assets Payments in advance (note 5) Deposit account C&C Subscriptions account Current account Deposit A/C Lloyds Total Current Assets 8,014 17,070 10,948 9,055 19 9,090 26,181 1,808 5,004 45,106 42,083 Current Liabilities Creditors due within one year Group incorne received in advance Subscriptions received in advance Total Liabilities -13,585 -13,585 -13,900 .13,900 Net current assets 31,521 28,183 Net total assets 31,521 28,706 Trust Funds Accumulated funds 31,521 28,706 Approved: Trustee Trustee Date: Arun East u3a Trust Financial statements Statement of Financial Activities for the year ended 31 May 2025 2025 2024 Income Subscriptions Gift Aid Group activities Sundry Bank Interest 16,553 2, 184 53.792 50 17,128 1,698 44,503 129 889 1,181 64.639 Total income 73,468 Expenditure Hire of premises Stationery, postage and phone Website Group equipmentlconsumables u3a Matters TAT membership Catering Comm Sundry Speakers & Others Depreciation Prior year adjustment Total expenditure 44,168 4,698 446 44.075 6,882 164 3,156 2,557 6,280 4,311 876 179 2,024 5,013 1,102 3,724 523 1,082 1,467 61,988 -86 70,653 Surplus for the year Surplus brought foNwd Total funds carried forward 2,815 28,706 31.521 2,651 26,055 28,706 Funds Flow Surplus for the year Purchase of fixed assets Provision for depreciation Change in working capital Net movement 2,815 2,651 -500 523 1,082 761 -2,238 995 4100 Bank balances B Bank balances C/F Net movement 32,992 37.092 31,997 32,992 4,100 995 Arun East u3a Trust Financial statements Notes to the accounts l. Basis of aecounting These accoiints have been prepared on a historical cost b&sis in accordance with the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland (effective January 2019) and the Ch￿itIeS Act 2011. 2. Accounting policies Income is included in the Statement of Financial Activities when the Trust becomes entitled to the resources. Liabilities are recorded as soon as there is a legal obligation committing the Trust to and outflow of Tesources Tangible fixed assets are depreciated on a straight line basis over the expected useful life of the assets. 3. Funding There are no assets subject to restricted fLmding, nor has there been any income or expenditure during the year subject to restriction. 4. Fixed Assets 2025 2024 Cost brought forward Additions in year Cost carried forTrvard 5,415 4,915 500 5.415 5,415 Depreciation brought fonvard Provided in year Accumulated depreciation carried forward Net book value at balance sheet date 4,892 523 3,810 1,082 4,892 523 5,415 5. Payments in advance Membership of Third Age Trust Third Age Matters Beacon Membership Sundry Total PTepayEnents 6,036 268 1,710 6,280 2,557 253 8,014 9,090 Arun East u3a Trust Financial statements Independent examiner's report to the committee of Arun East u3a Trust I report to the committee on my examination of the accounts of the Anm East u3a for the year ended 31" May 2025 Responsibilities and basis of report As the charity's committee you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the accounts carried out under section 145 of the 201 l Act and in carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirni that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: . accoimting records were not kept in respect of the charity as required by section 130 of the Act" or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the applicable requirements concerning the forn] and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirenient that the accounts give a 'tsue and fair view which is not a matter consider¢d as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: f. i4_ Name: Frederick Young Relevant professional qualification or membership of professional bodies: F.C.A (Retired)