**To** ## **Trustees' Annual Report for the period** Period start date Period end date 1st APRIL 2024 31st March 2025 **From** ## Section A Reference and administration details **Charity name** Sawbridgeworth u3a **Other names charity is known by** **Registered charity number (if any)** 1173937 **Charity's principal address** 1 Seymour Mews Sawbridgeworth **Postcode CM21 0BD** ~~ee~~ **Names of the charity trustees who manage the charity Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any)** 1 Gill Sewell Chairperson 2 Carol Dixson Smith Deputy Chairperson 3 Philip Simmons Treasurer 4 5 Derek Piercy 6 Maxine Tilley Secretary 7 Margaret Giles 8 Alan Goodman 9 Neil Munro 10 Barrie Lazarus 11 12 13 14 15 16 17 18 19 20 ~~==~~ **Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year** 1 March **2012** **TAR** March **2012** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |||| ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Constitution Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted - (eg. trust, association, company) Elected by Members Trustee selection methods - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: We are affiliated to the National Third Age Trust - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** The advancement of education, and in particular, the education of older people and those who are retired from full time work, by all means, including associated activities conducive to learning and personal development, in Sawbridgeworth and its surrounding locality. **TAR** March **2012** 2 Running over 35 interest and self- learning groups covering all aspects of educational subjects and visits to places of interest and enjoyment specific to the third age generation to educate and enlighten. Providing speakers on a variety of topics and interest at our monthly meetings to enhance members perspectives on these issues. The Trustees declare that they have had regard to the Charity Commission public benefit guidance when exercising any power or duties to which the guidance is relevant. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. **TAR** March **2012** 3 Section D Achievements and performance **Summary of the main achievements of the charity during the year** During the period under review the Trustees and members of the charily have continued to be well supported by the members whose numbers are maintained at around 430. We have had a full year of activities. Thanks to our hard-working team the hall is full for our General Meetings where we have entertained speakers ranging from hearing about the Treasures of the Tower of London to a popular afternoon of the Music of the 60’s, primarily Simon and Garfunkel. Our interest groups continue to function well. New activities and interests are developing with the introduction of Pickleball and Country Dancing as recent additions. A solid core of them continue to grow and the walking groups flourish and have waiting lists. New members are being attracted on a regular basis and enthusiasm is being maintained. During the year, a holiday in North Wales was enjoyed by over 40 members ,with trips to see gardens, Carnarvon Castle and Anglesey Sea Salt, amongst the places visited. There were several visits to the Theatre in the West End included this year. We were lucky to have this opportunity, as these visits were made possible by our membership of the u3a. **TAR** March **2012** 4 Section D Achievements and erformance p **TAR** March **2012** 5 ## **Section E Financial review** ## **Brief statement of the** **charity’s policy on reserves** Our Target Reserves are based on twelve months on any expenditure with an annual commitment plus six months on any other revenue expenditure. ## **Details of any funds materially** **in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** ## G Sewell **Full name(s)** Gillian Sewell **Position (eg Secretary, Chair,** Chairperson **etc)** **Date** 1st May 2025 **TAR** March **2012** 6 ## **- Sawbridgeworth U3A Charity Number 1173937 Income and Expenditure Account for the year ended 31st March 2025** ||Notes|General|Groups|Social|Total|_Total_| |---|---|---|---|---|---|---| |||Account||Account||_2024_| |||£|£|£|£|_£_| |**Receipts**||||||| |Membership|1|6560|||6560|_6597_| |Gift Aid||442|||442|_378_| |Donation||50|||50|_0_| |Social Events booking|fees,tickets etc.|||79728|79728|_30169_| |Groups - Income|||5488||5488|_4502_| |**Total Income**||7052|5488|79728|92268|_41646_| |**Payments**||||||| |Subscription Fee (Third Age Trust)||1772|||1772|_1680_| |Meetings||||||| |Hall Hire||953|||953|_789_| |Speakers||995|||995|_995_| |Refreshments||109|||109|_66_| |u3a Magazine||1279|||1279|_1113_| |u3a Beacon||446|||446|_430_| |Zoom||156|||156|_144_| |Printing, Postage & Stationery||494|||494|_412_| |Cards & Flowers||338|||338|_261_| |New Groups Funding||143|||143|_0_| |Presentations||0||||_167_| |Miscellaneous||0||||_85_| |Independent Examiner||300|||300|_0_| |Social Events Transport & Entrance Fees etc||||77718|77718|_28499_| |"
Printer /Admin||||285|285|_153_| |"
Raffle Costs||||169|169|_143_| |"
Defib Battery & Pads||||0|0|_483_| |Groups - Expenditure|||5288||5288|_4298_| |**Total Expenditure**||6985|5288|78172|90445|_39718_| |**Net Income**||67|200|1556|1823|_1928_| |**Retained Income**|brought forward|10111|1072|6756|17939|_16011_| |**Retained Income**|carried forward|£10,178|£1,272|£8,312|£19,762|_£17,939_| |**Sawbridgeworth U3A- Charity Number 1173937**
**Balance Sheet**
**As at 31st March 2025**
Notes
**Assets**
General Account Bank Balance
2
Social Account Bank Balance
3
Social Account Paid in Advance
Cash held by Groups
Cash in Hand
**Liabilities**
Membership fees received in advance
Social Account Payments received in advance
Independent Examiner
**Net Assets**
**Reserves**
General Reserves
Group Reserves
4
Social Account Reserves
**Total Reserves**
**Notes to the Accounts**|£
£
16113
15874
13813
752
5
46557
5115
21380
300
26795
£19,762
10178
1272
8312
£19,762|_2024_
_£_
_15649_
_15899_
_15626_
_574_
_5_| |---|---|---| |||_47753_| |||_5040_
_24774_
_0_| |||_29814_| |||_£17,939_| |||_10111_
_1072_
_6756_| |||_£17,939_| |||| - 1 Membership subscriptions relate to 440 members - 2 General Bank Balance includes £5,115 membership fees received for 2025/2026 - 3 Social Account Bank Balance includes£21,380 payments received for future functions and takes into account £13,813 paid out for future functions. - 4 Group Reserves consist of cash held by Groups £752 and £520 held on their behalf in the General Bank Account. ## P Simmons Treasurer 1st May 2025 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts +•+ Section A Independent Examiner's Report Report to the trusteesl members of Sawbridgeworth U3A On accounts for the year ended 31 St March 2025 Charity no (if any) 1173937 Set out on pages 1 to 2 plus the trustees Annual Report I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31st March 2025. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date: 0110512025 Signed: Name: Mr Ashley S Filer Relevant professional qualification(s) or body (if any): MAAT Address.. 254 Coggeshall Road Little Tey, Colchester C06 1HT IER October 2018 Sawbrld eworth U3A - Chari Income and Ex enditure Account for the ear ended 31st March 2025 Notes Number 1173937 General Groups Account Social Account Total Total 2024 Recei Membership 6560 6560 6597 Gift Aid 442 442 378 Donation 50 50 Soci31 Events booking fees,tickets etc. 79728 79728 30169 Groups- Income Totsl Income 5488 5488 92268 4502 41646 7052 5488 79728 Pa Subscription Fee (Third Age Trust 1772 1772 1680 Meetings Hall Hire Speakers Refreshments 953 995 109 953 995 109 789 995 66 u3a Magazine 1279 1279 1113 u3a Beacon 446 446 430 Zoom 156 156 144 Printing, Postage & Stationery 494 494 412 Cards & Fk)wers 338 338 261 New Groups Funding Presentations 143 143 167 Miscellaneous 85 Independent Examiner Social Events Transport & Entrance Fees etc Printer /Admin Raffle Costs Defib Battery & Pads Groups - Expenditure Total Expenditure Net Income Retained Income Retained Income 31J) 300 77718 285 169 77718 285 169 28499 153 143 483 5288 4298 90445 39718 1823 1928 17939 16011 £19,762 £17,939 5288 6985 67 ioiii £10,178 5288 200 1072 £1,272 78172 1556 6756 £8,312 brought forward carried forward Sawbrid eworth U3A- Cha . Balan￿ Sheet As at 31st March 2025 Number 1173937 2024 Notes Assets General Account Bank Balance 16113 15649 Social Account Bank Balance 15874 15899 Social Account Paid in Advance 13813 15626 Cash held by Groups 752 574 Cash in Hand 46557 47753 liabFlities Membership fees received in advance 5115 5040 Social Account Payments received in advance 21380 24774 Independent Examiner 300 26795 £19,762 29814 £17,939 Net Assets Reserves General Reserves 10178 ioiii Group Reserves 1272 1072 Social Account Reserves 8312 6756 Totsl Reserves £19,762 £17,939 Notes to the Accounts l Membership subscriptions relate to 440 members 2 General Bank Balance includes £5,115 membership fees received for 202512026 3 Social Account Bank Balance includes£21,380 payments received for future functions and takes into account £13,813 paid out for future functions. 4 Group Reserves consist of cash held by Groups £752 and £520 held on their behalf in the General Bank Account. Treasurer Date