Newhaven & Peacehaven u3a leorn, live lor the young at heart Registered Charity1167101 Treasurer's Annual Report & Annual Statement of Accounts 2024 Newhaven and Peacehaven u3a continues to be in good financial health. The member- ship of this u3a continues to grow at a steady rate. The continued growth is a response to the range of interest groups and activities that are available to members. The Committee has held the membership fee at the same level for another year. This has been made possible by the continued increase in revenue from membership fees and the proportion of members subscribing to Gift Aid. The u3a Committee also sets and monitors an annual budget to ensure all spending is planned. However, if the sub- scription we pay per member to The Third Age Trust were to increase in the coming year, this might require a similar increase in our fees. Turnover has increased again. This is due to the extensive range of outings, holidays and visits that the u3a has provided. However, additional income is matched by addi- tional expenditure. This u3a does not seek to ask members to pay more than the actual cost of providing an experience. Any surplus identif led is ploughed into reducing the cost of another trip or outing. Every effort is made to identify and provide activities that do not carry too high a cost to the participants. The Bus Outings is an example of this. The card payment option we introduced last year has proved popular with members. There is a fee of 1.75% for each transaction. Last year this amounted to £325. This is off- set by the Interest from the Bank Account which was £329 in 202312024. The Statement of Accounts for 2023 2024 follows. Tony Garwood September 2024 The u3a is a self-help learningorganisationfor peoplewho have completedtheir career or finished raising a family and is an equal opportunities organisation welcomingall members equalit diversity Inclusio
Nebvttavon & Ppacohavon Balance Sheet gh. As at 31 July 2024 ?024 2n?3 Fixed A$$ots Cosh in h&nd Current Account tleposit Ae¢ount d88 32 Tl.347 10.465 22 332 544 92 10.715 10.136 ?1.487 t)ecrebse IINcrease ol Deslgn8ted Funds Art Club Gardeiiin8 GrtyJp Keep Fit Siiigin8 Grwp Wine Tasting Group Tot•1 A Totd A 1,9)r9 582 134 279 924 44 1.139 241 ?18 895 79 15 lic."ease 741 Increas ol Holdinc Fund Holidays T0181 B 4.8J10 Total B 4099 858 1665 105 2.295 175 2.44Y 994 656 Theatre Genero1 Fund5 R4?$8rve blw(J 1S.429 8.980 Surpliis lor th¢ year R¢serves clwd 614 6449 Total C 16043 TO1 C 15.429 22.332 21.486 A•8•C A+8C Vve. the Tru$ieoos ()1 Nèwhaven and Pe&eh8ven u34 agree rhe Èti¥hed Intorne aThJ Expenditure Ac¢¢>unt. Assets I Isi ¥11181&.. Shèfrt approve them lor subTnission 10 the ChBrity Cornmiss10n. Trust80 1 Sr¥nvd M Sbo- iAfyJ £TAty)Lv4 Tru5t?0 2 Signpd P.Ini naw.e IIJN)'/ GA£ laU Trustee 3 Signod ¢cJ.s Ld (Pftroioi A SkEPHÉE?
Newhaven & Poacehaven Income and Expenditure Account th• Y¥un• •th••rt Year ending 31 July 2024 2024 2023 Income Capital Equipment Diaries sales Donations Event Lunches Fashion Show Gift Aid Groups- subs Holidays receipts Interest Membership Other income Outing receipts Postage Raffles Theatre u38 Matters From Designated lunds From Holdsng Funds Total Income 29 2.007 5.253 987 793 4,196 46.806 329 4.586 261 11.607 76 560 13.918 40 34 2,161 6.295 718 5.327 24.449 5,362 479 16.956 641 14.450 32 O N.B. Amount by O which monies held 77.021 in Designated or Holding Funds Lcreq%.durins the previous year. 91,959 Expenditure DIRECT COSTS Capita5 Equipment Cards & gilts Committee Meetings Diaries Event Lunches Fashion Show Group Expenses Holidays Mèmbershio refund Meeting room hire New member events Other expediture Outings Publicity Refreshments Speakers u38 Matters Theatre To Designated Funds To Holding Funds 36 85 152 44 5,183 987 4,707 47.313 18 627 166 375 12.361 134 75 6,150 4,426 22,304 503 87 102 17,554 35 72 852 28 14,224 1.139 N.B. Amount by 656 which monies held in Oesi8nated or 68.478 Holding Funds incréased during the previous year. 82 795 78 12279 741 TOTAL DIRECT COSTS 85,994 OVERHEADCOSTS Depn of plant Membership cards Postage Printing ink Printing paper Stationery Subscriptions 56 28 272 1.603 103 107 3.183 1.812 195 80 TOTAL OVERHEAD COSTS 5.351 2,093 Total Expenditure 91.345 70.572 SurpluslDeti¢it for period 614 6,449 Trustees received neither expences nor fees for services during the period.
New4fhaven & Peaceha¥en u3a leorn, laugh. Analysis of Assets lor 11)L' at tleart Year ending 31 July 2024 Bought Cost Value Digital projector Artilli Laptop Lenovo Printer Brother DCP-C3550 CDW u3a flag October 2021 April 2022 March 2022 210 210 299 84 310 185 April 2021 40 Total purchase value 859 Value at 31 July 2024 Value at 31 July 2023 Depreciation 488 544 £56 A revaluation of assets took place during May 2024 These accounts have been verified by Robert Foden (Treasurer, Brighton Five Deans u3a) u3a Robort Fodor. 19 Gorham Avenve. fiottsngdean Briehton BN2 7DP T•l.. 07825 714541 Email". iobÈrt todDrr¢giitlworld com learn, Brighion Five Oeans U3A Rog15tered Charity No 116.7495 Brighton Five Deans Tuesday, 17 September 2024 To Whom It May Concern. I have examined the Annual Accounts in the Newhaven and Peacehaven u3a for the Financial Year 2023124 and found them correct as per the information provided. Name: Robert Fodor Treasurer at Brighton Five Deans u3a Signature: