IVYBRIDGE u3a tharity No. 1178944 RECEIPTS AND PAYMENTS ACCOUIIT FOR THE PERIOD FROM I APRIL 2025TO 31 MARCH 2016 All Funds are Unrestritted 2026 2025 Receipts Membership fees Christmas draw Diary income Receipts from central activitie5 Events Income Groups, activities receipts 5,458 309 30 5,797 4,681 19,950 Totsl recelpts 30h28 8,181 305 8,486 4,090 15,841 28,417 Paymemts Event5 payments Groups, attivities pèyments The Third Age TIu5t membership The Third Age Mogézine Newsletter Rix>m hire Spetker fee5 Equipment purchase Printin8 Postage St8tionery Christmis party Ucences3nd subscrtptions Web51te Bank charges Sundry expenses 3.722 18.193 1,664 1,208 171 1,387 773 2,726 IS,$04 1,648 1,144 1,251 1,392 825 42 150 41 151 715 481 177 14 102 485 45 I,ITJ 29,823 982 27,229 Total payments Net of recelptsllpaymentsl Net Assets at last year end NetA5sels at ye8r end 605 11,560 12,165 1.188 10,372 11,560 STATEME￿ OFASSETS AND IIABIUTIES ATThE END OF THEYEAR Bank and Cash b￿anceS Uoyds Current Account 3,480 Lloyds Deposit Account 200 Lloyds Activitie5 Account 4,079 Lloyds Soclal IEventsl Account 1,604 Groups. aCtI￿tIeS cash balance5 2,802 NetAssets 12,165 4.870 200 2,653 1.366 2,471 11.560 IndepEndent Examiner's Report The independent e¥amSner. stephen Woodcock, has i55ued a rewrt on the above account5 in whlch he advised the Executive Committee (Trvsteesl that no material matters tarneto his attentlon which 8ave him cause to belSeve that, in any significant respect, accounting records were not kept adeqvatelv orthat the accounts do not accord with the accounting records. Afull copy of the Report tèn be obtained from the Treèsurer upon request. Éxec¥tfve Committee ITvusteel Appro Slgned on behalf of the Execirtive Committee (Trustees) Christine H Srnith Treasurer Vaness? Day Chair . Independent Examiner's Report Report to the Executive Committeerrrustees l Members of Ivybridge University of the Third Age On accounts for the year ended 31 March 2026 Charity no (if any) 1178944 Set out on pages Respective The charity's executive committeehrustees are respOnS￿bIe for the responsibilities of preparation of the accounts in accordance with the requirements of the Executive Charities Act 2011 {llhe Acf). CommitteelTrustees and Examiner The charity's executive committeeltrustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to-. examine the accounts under section 145 of the Charities Act, to follow the applicable Direction5 given by the Charity Commission (under section 145(5)Ibl of the Act, and to state whether particular matters have come to my attention Basis of My examination was carried out in accordance with general Directions independeni given by the Charity Commission. An examination includes a review of the examiner's accounting records kept by the charity and a comparison of the accounts statsment presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited lo those matters set out in the statement below. Independent In connection with my examination, no material matters have come to my examiner's attention which gives me cause to believe Ihat in, any material respect.. statement accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting records 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 r8ached. Signed: LJ Date: 20 June 2026 Name: Stephen R Woodcock Addresses: 23 Oak Gardens, Ivybridge, Devon, PL21 ONB **ANNUAL GENERAL MEETING WATERMARK IVYBRIDGE 20th JULY 2026** **IVYBRIDGE U3A** ## **PRESENT** All Members had been invited with enough attending to satisfy quorum requirements. (For the names of those attending please see the list held by the Membership Secretary.) ## **1. WELCOME** Vanessa Day as Chair welcomed everyone to the meeting and thanked them for their continuing support. ## **2. CHAIR’S ANNUAL REPORT** The membership at present stands at 374 although the number of groups is about to drop from 41 to 40 in August due to no leader being available to lead the Local History 1 group. The committee have had an interesting and varied year. A well-attended Christmas party was held in December, with in-house entertainment which was much appreciated. There have been two new members meetings held, which are very useful for the committee to find out both where new members heard about us and also if there's anything more we should be doing for them. A Leaders and Helpers evening to thank people for all the hard work they do leading groups and helping run Ivybridge u3a was also well-attended. Notable moments include the choir's moment of glory appearing on Spotlight last month (June) and the Drama group’s interview on Radio Devon. This year the committee has worked very hard updating the constitution in line with the U3A National Constitution template, but there is still work to be done for it to be accepted by the Charity Commission. An extraordinary general meeting was held on 16th February 2026 where a unanimous vote was given by the membership for this change. The attendance at the General meetings have been good this year, slightly up from last year, and the speakers have been varied and extremely interesting. Sadly, there are always going to be a few negatives. Groups have been lost due to lack of leaders and there has been a downturn in people supporting the day trips. Also, the last Newsletter was very thin. These are the challenges for the new committee in the coming year. In the last month, we have been given notice that the Tamar Valley Network has been reconvened after it was abandoned during Covid. It gives an opportunity for u3as in the area to meet and share how trustees are recruited, groups are run and how mutual problems are overcome. The Chair thanked a number of people without whom Ivybridge u3a would not exist. These are the Group leaders who give their time and support to members, the committee, for their hard work, the helpers who are often called in at short notice, Rhoda Lloyd for organising day trips, and President Cliff Bennett for his continued support. ## **3. MINUTES OF THE PREVIOUS MEETING** Acceptance of the Minutes of the Annual General Meeting held on 21st July 2025 as a true record of proceedings was agreed unanimously by a show of hands. Proposed by Rhoda Lloyd and Seconded by Debbie Bowditch. ## **4. TREASURERS REPORT AND FINANCIAL STATEMENT** The annual accounts have been made available for inspection on the website, so it is assumed that everyone has examined them carefully. The Independent Examiner has cross-checked everything and the Trustees of Ivybridge U3A, in other words the Executive Committee have approved them and they are presented for information. However, a few words of explanation and clarification might be appropriate although questions can be asked later. Membership fees appear to have dropped but this is a return to the pattern of previous years and, as has been explained in the past, reflects the month when subscription renewals are actually received. Over 80% of members now use BACS transfers to pay their fees for which the Membership Secretary and the Treasurer are grateful. Day trips last year were both successful and enjoyable and resulted in a surplus that the Committee decided, with Rhoda Lloyd’s blessing, to use to pay for the Christmas party. Money held in the Social account at the year-end is due to be paid out for upcoming trips. The most dramatic decrease in expenditure comes in the newsletter costs, entirely due to it now being an online publication, with only nine copies currently being posted to those members with no email. As in previous years, Sundry Expenses is a catch-all heading and includes committee costs, new members coffee meetings and the thank-you evening for the Group Leaders and regular helpers at the monthly meetings. Generally speaking, other costs have risen in line with inflation or increasing membership and the Treasurer considers that there is no cause for concern. Finally, thanks were given Stephen Woodcock for once again checking the accounts and acting as an Independent Examiner. Ivybridge u3a is indebted to him, as always. ## **5. THE RATIFICATION OF THE REAPPOINTMENT OF STEVEN WOODCOCK AS INDEPENDENT EXAMINER** The proposal for the reappointment of Steven Woodcock as Independent Examiner for the year 2026-27 was ratified by a show of hands. Proposed by Barbara Yea and Seconded by Ray Waudby ## **6. ELECTION OF EXECUTIVE COMMITTEE FOR 2026-27** The Chair proposed that the 13 Candidates who had been proposed and seconded by members, be elected as a group instead of each being voted on individually. This was accepted by a show of hands. Their election was then unanimously confirmed by another show of hands. Proposed by Lydia Mc Clure and Seconded by Rosie Collard. The Committee for the coming year beginning 20th July 2026 would therefore comprise of; **1. Victor Abbott** **2. John Bowditch** **3. Richard Fee** **4. Kim Hill** **5. Tom Holway** **6. Margaret Jones** **7. Paul Jones** **8. Andrew Keen** **9. Roy Little** - **10 Ritsaert von Oven** **11. Sylvia Rutley** **12. Christine Smith** **13. Guy Yea** ## **7. RATIFICATION OF THE REAPPOINTMENT OF CLIFF BENNETT AS HONOPARY PRESIDENT.** The ratification of Cliff Bennett’s reappointment as Honorary President, which had been proposed and seconded by members of the Committee, was endorsed by a show of hands. ## **8. CLOSURE OF A.G.M.** The Chair then closed the Annual General meeting and commenced the business of the ordinary general meeting for July.