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||||VCVTreasurer'5|VCVTreasurer'5|Report and Accounts for 2021/22||
|---|---|---|---|---|---|---|
|The GenerBI AccoUAt Is|||preseAted|IA Bformat that records<br>Ieceipts<br>BAcl pByrAeAts<br>occurrIAg dunAg the accounting|||
|period.<br>As is customary,|||the corresponding<br>figures for the previous year are aiso shown.<br>Normally,<br>these|||provide a|
|useful year-an-year||comparison.||However,<br>such|comparison<br>is iikely to be ofhmited vaiue this year, because Covid-||
|19les'tiictions|Bppllecl thl'GUghoUt|||2020/21 BAd into the eBfly part of2921/22, sevetely<br>irApactiAg<br>VCV'5 opel Btlons.|||
|With the exception||ofBeocorl and TATfees, mast figures were significantly<br>reduced.|||||
|ln recognition|ofthe impact of I ovid-19 on member<br>benefits during 2920/21 and the surplus<br>funds built up over||||||
|this BAd pl ecedIAg years, the committee<br>proposed that subscription<br>Ienewals foi 2021/22 shGUICI be flee.||||||This was|
|agreed at the 2920||AGM held Qn||18February 2021. As a result, the surplus<br>funds at the end of2021/22 have|||
|reduced<br>significantly||and now stand at E7018.96. Please note that, due to TAT's procedures,<br>we have Aot||||yet been|
|invoiced for the bulk of|||Qur 2921/22 Third Age Matters magazines.<br>We estimate<br>this to be about E558, which||||
|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<br>have already bought tickets. The true balance is, therefore, 62,428.92. This serves as|||||
|a float for any|costs that may have to be incurred||||prior to the sale oftickets to members,<br>in the coming year.||
||||||Ken Pragnell||
||||||VCV6enerai Account||
||||||Ongoing Funds||
|Receipts fof||||2026/21|8/Fwd from 2020/21<br>12,850.58<br>Current a/c at 31/3/22||
|Mernbet<br>subscdptions||||7,895.00|less Deficit<br>-5,831.62<br>Oeposlt 3/c at 31/3/22||
|Book sales||||6.00|Total carried forward<br>7,618.96<br>Total at bank||
|Other||||31.81|||
|Total receipts||||7,926.81|||
|||||2620/21|VCVEvents Account<br>VCV6roup Accounts|2021/22|
|||||439.84|Opening balance<br>Qpentng<br>balance|1,401.64|
|Asset Purchase||||0.00|plus Receipts<br>pius Receipts|9,600.98|
|Beacon||||464.00|fess Payments<br>fess Payments|8,985.30|
|Catering||||26.40|Closing balance<br>Closing balance|2,017.32|
|Hall hire<br>(6W P)||||211.50|Notes:||
|Herts Network|||15.00||The 6eneral account. covers 'the day to clay operations ofVCV ancl Isfunded<br>by||
|ITcosts|||151.40||rnernbershlp<br>subscf IptIons.<br>It Is split between current and cieposlt accounts, at||
|Miscellaneous|||339.67|0.00|the bank.||
|Newsletter|||442.42|771.45|The Events account isconcerned<br>vvith events and trips that are funded|from|
|Spe3ker fees|||600.00|190.00|payments<br>made by the members<br>participating<br>in those events/trips.||
|TAM subscription||||370.60|Both the above accounts are subject to examination<br>by the person appointed<br>at||
|TATfees||||1,687.00|the previous<br>AGM.||
|VCV-funded<br>events||||0.00|Each interest group that involves funding from its members,<br>maintains|its own set|
|||||234.00|ofaccounts.<br>Examination<br>ofthese accounts is a rnatter for each group.|The|
|||||4,576.59|figures above are a consolidation<br>ofthose provided<br>by each group.<br>No monies have been transferred<br>between<br>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