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2024-12-31-accounts

Chairman’s Annual Report to Windsor and District u3a

Annual General Meeting, April 9th, 2025

Owing to personal circumstances the Chairman is not available to produce the Annual report for 2024. The summary report has been produced on his behalf.

Membership Growth: Membership increased from 689 to 718, a growth of 4%

Convenor conference:

Interest Groups and events:

Publicising Windsor u3a.

Local Coffee Mornings Our “Come and Meet Each Other” (CAMEO) Groups – continue to be highly successful. Open to all, providing an opportunity to foster connections and friendships among our members. Committee Retirement: Peter Todd and Derek Gadd are both retiring from the committee at the AGM in April 2025. The committee would like to thank them for their hard work and commitment during their tenures.

Appreciation: The committee wish to thank convenors and volunteers for their dedication and efforts. Without them there would be no u3a.

Produced on behalf of Peter Todd, Chairman, Windsor and District u3a

Treasurer’s Report – Year ended 31st December 2024

The total surplus for the year (receipts less payments) was £1,741. This spans all our activities: our operations; groups operating through the bank account; social activities and groups operating in cash.

Operations

In our budget for the year, we planned to make a small loss of £268.

Whilst the surplus from our operational activity was only £157, we added a total of £446 to our operational reserves because our educational trips were extremely popular and generated an additional surplus of £289 which also passed to our reserves.

Once again, we saw an overall increase in membership, rising to 718 at the end of December compared to 689 for 2023 (+4%)

Groups operating through the bank account

Groups’ funds should tend to zero but for 2024, we saw a surplus of £1,058.

This is because we base our accounts statement on money flowing in and out of our bank account and during the year, we received money for groups’ activities but have not yet received (or paid) the corresponding group invoices; over £1,000 is yet to be paid out.

Social activity

Social activity funds should also net to around zero, but this year we show a surplus of £475. This is because the mystery tour proved incredibly popular! The Committee has decided to ring fenced this amount in our overall reserves to provide flexibility in organising future social events.

Cash groups

Finally, cash groups show a small surplus of £51 for the year; these are ring fenced funds accrued in 2024 for use in 2025.

Looking forward to 2025

In 2025, we aim to make a sizeable loss to reduce our operational reserves.

Windsor u3a Receipts and Payments - to 31st December 2024

Year End Year End
31/12/2024 31/12/2023
£ £
Operational Receipts
HMRC Gift Aid 1,468 1,292
Membership (718 paid up at 31/12/2024) 9,650 9,268
Miscellaneous 849 442
Total 11,967 11,002
Operational Payments
Administration 394 124
Beacon levy 618 591
Convener conference 2,785 2,147
Equipment 245 98
Gardeners Hall Events 1,276 1,644
Membership fee to 3rd Age Trust 2,480 2,360
Miscellaneous outgoings 421 248
National conference expenses - -
New Members Meetings 312 120
Newsletter, printing and postage 1,261 984
Paypal and credit card fees 148 155
Speaker fees 900 920
Third Age Matters 969 1,001
Total 11,810 10,393
Operating surplus/deficit 157 609
Other activity
Groups Income 11,071 3,776
Groups payments 10,014 3,813
Groups surplus /deficit 1,058 -37
Cash groups income 7,951 6,221
Cash groups payments 7,900 6,096
Cash groups surplus/deficit 51 125
Social events/outings income 1,375 10,974
Social events/outings 900 13,656
Social events/outings surplus/deficit 475 -2,682
Total Surplus/Deficit 1,741 -1,984
Opening balance 14,723 16,706
Closing balance 16,464 14,723
Represented by
Bank balance 15,618 13,928
Paypal balance - -
Zettle balance - -
Groups cash 846 795
Total 16,464 14,723
Year End balance includes
Operational Reserves 14,332 13,411
Group Funds - Explorer 2 57 248
Group Funds - Flower Arranging 15 -
Group Funds - Insight Lecture 220 -
Group Funds - Old Bailey Lecture 120 -
Group Funds - Quiz 81 181
Group Funds - Short Mat Bowls 576 -
Group Funds - Standen House 17 -
Group Funds - Table Tennis 201 87
Cash Funds - Local History 670 675
Cash Funds - Scrabble 106 40
Cash Funds - Singing for Fun 102 44
Cash Funds - Tea & Jazz -115 11
Cash Funds - UKE3a 42 25
Cash Funds - 60s & 70s 41 -
Total 16,464 14,723

Report of the Independent Examiner to the Trustees of the Windsor U3A I report on the accounts for the year ended 31st December 2024 which are set out attached. Respectlve responsibilities of Trustees and Examlner As trustees you are responsible for the preparation of the accounts. You, as the Trustees, consider that an audit Is not required for the year under section 144{2) of the Charities Act 2011 but that an independent examination is needed under that 2011 Act. It is my responsibllity: l) To examine the accounts under section 145 of the 2011 Act. 2) To follow the procedures laid down in the general directions of the Charity Commissioners under section 145 {5} of the 2011 Act and 3) To state whether particular matters have come to my attentlon Basis of Independent Examinerfs Report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examinatlon includes a review of the accounting records kept and a comparlson of the accounts presented wlth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seekin8 explanations from you as the Trustees concerning any such matters. The procedures undertaken do not provide all evidence that would be required In an audit, and consequently no oplnlon is given as to whether the accounts present a 'true and fairf vlew and the report is limited to those matter set out in the statement below. Independent Examlnerfs Statement In connection with my examination, no matter has come to my attention: (l) whlch glves me reasonable cause to believe that In any materlal respect the requirements (a) to keep accountin8 records in accordance with Section 130 of the 2011 Act,. and {b) to prepare accounts in accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. SIGNED Eunice Stone, 10 Fairli8ht Avenue, Windsor SL4 3AL DATED 27th January 2025