| VCVTreasurer'5 | VCVTreasurer'5 | Report and Accounts for 2021/22 | ||||
|---|---|---|---|---|---|---|
| The GenerBI AccoUAt Is | preseAted | IA Bformat that records Ieceipts BAcl pByrAeAts occurrIAg dunAg the accounting |
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| period. As is customary, |
the corresponding figures for the previous year are aiso shown. Normally, these |
provide a | ||||
| useful year-an-year | comparison. | However, such |
comparison is iikely to be ofhmited vaiue this year, because Covid- |
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| 19les'tiictions | Bppllecl thl'GUghoUt | 2020/21 BAd into the eBfly part of2921/22, sevetely irApactiAg VCV'5 opel Btlons. |
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| With the exception | ofBeocorl and TATfees, mast figures were significantly reduced. |
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| ln recognition | ofthe impact of I ovid-19 on member benefits during 2920/21 and the surplus funds built up over |
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| this BAd pl ecedIAg years, the committee proposed that subscription Ienewals foi 2021/22 shGUICI be flee. |
This was | |||||
| agreed at the 2920 | AGM held Qn | 18February 2021. As a result, the surplus funds at the end of2021/22 have |
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| reduced significantly |
and now stand at E7018.96. Please note that, due to TAT's procedures, we have Aot |
yet been | ||||
| invoiced for the bulk of | Qur 2921/22 Third Age Matters magazines. We estimate this to be about E558, which |
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| means the true surplus | is around | E6„460. | ||||
| The cUITeAt EveAts | balaAce Gff11,238.02 IAclUdes 68p810(eg:veAUe fees, coach costsj tha't has yet to be | paid GUt | ||||
| on events for which | members have already bought tickets. The true balance is, therefore, 62,428.92. This serves as |
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| a float for any | costs that may have to be incurred | prior to the sale oftickets to members, in the coming year. |
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| Ken Pragnell | ||||||
| VCV6enerai Account | ||||||
| Ongoing Funds | ||||||
| Receipts fof | 2026/21 | 8/Fwd from 2020/21 12,850.58 Current a/c at 31/3/22 |
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| Mernbet subscdptions |
7,895.00 | less Deficit -5,831.62 Oeposlt 3/c at 31/3/22 |
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| Book sales | 6.00 | Total carried forward 7,618.96 Total at bank |
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| Other | 31.81 | |||||
| Total receipts | 7,926.81 | |||||
| 2620/21 | VCVEvents Account VCV6roup Accounts |
2021/22 | ||||
| 439.84 | Opening balance Qpentng balance |
1,401.64 | ||||
| Asset Purchase | 0.00 | plus Receipts pius Receipts |
9,600.98 | |||
| Beacon | 464.00 | fess Payments fess Payments |
8,985.30 | |||
| Catering | 26.40 | Closing balance Closing balance |
2,017.32 | |||
| Hall hire (6W P) |
211.50 | Notes: | ||||
| Herts Network | 15.00 | The 6eneral account. covers 'the day to clay operations ofVCV ancl Isfunded by |
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| ITcosts | 151.40 | rnernbershlp subscf IptIons. It Is split between current and cieposlt accounts, at |
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| Miscellaneous | 339.67 | 0.00 | the bank. | |||
| Newsletter | 442.42 | 771.45 | The Events account isconcerned vvith events and trips that are funded |
from | ||
| Spe3ker fees | 600.00 | 190.00 | payments made by the members participating in those events/trips. |
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| TAM subscription | 370.60 | Both the above accounts are subject to examination by the person appointed at |
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| TATfees | 1,687.00 | the previous AGM. |
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| VCV-funded events |
0.00 | Each interest group that involves funding from its members, maintains |
its own set | |||
| 234.00 | ofaccounts. Examination ofthese accounts is a rnatter for each group. |
The | ||||
| 4,576.59 | figures above are a consolidation ofthose provided by each group. No monies have been transferred between any ofthe above accounts |
in 2021/22. |
Ver-colne Valley University of the Third Age Registered Charity No 1156215 Independent examiTrerfs report to the twstees ol the Vei-colne Valley U3A I report to the trustees on my examination of the accounts of the Ver-ColneU3A for the year ended 31 March 2022. Responsibilitles and basi5 of report As the charity trustees of the Ver-colne ValleyU3A you are responsible for the preparation of the accounts in accordance with the requirernents of the Charities Act 20111'the Acf). I report in respert of my examination of the Ver-colnevalley U3A accounts carried out under section 145 of the 2011 Act and in carrwng out my examination I have followed all the applicable Directions given by the Charity Cornmis5i0n under Section 14515llb) of the Act. Independent examinerfs statement I have completed my examination. I confim) that no rnaterial matters have come to my attention in Connection with the examination. 5 therefore have no cause to believe that in any material respect accounting records were not kept in respert of the Ver-colne Valley U3A as required by Section 130 of the Act or that the accounts do not accord with those records. I have no concerns and have come across no other rnatters in connection with the examination to which attention should be drawn in this report in order to enable 8 proper understsnding of the accounts to be reached. Signed.. Name: Mrs Eve Elizabeth Polanska Brown Inland Revenue Accountancy qualified Address: 5 The Rise, Park Street. St Albans. AL2 2NT Date: 1311111