CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. Annual Report for the period From 1 August 2023 To 31 July 2024 Charity name: Saffron Walden u3a Charity registration number: 290670 Objectives and Activities SORP rvlerer*e Summary of the purposes of the charity as sel out in its governing document Parn 1.17 To offer the opportunity of further education and partlcipatlon in leisure activities to retired or semi-retired people, regardl85s of ablllty and to the exclusion of no one. The main actlvltles Includa classes which provide educatlon, physlcal instructlon and recreational activities. These. and our regular Open Meetings, also provlde opportunities for social incluslon whlch benefit the health and welfare of our members. In planning our many actlvltles, the trustees always follow the Charity Commission's guldance with regard to benefit to our members and the public. Summary ofthe maln activities in relation lo those purposes for the public benefit, in particular, the activtties, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on publlc benefit Par8 1 17and 1 19 P•rn118 Additional Informatlon (optlonal) You ma choos8 to include further statements where relevant about- SORP rcle￿nC0 Par• 138 Policy on grant making Par4 1.38 Policy on soclal investment Including program related Investment Para 138 Conlribution made by volunteers other Achievements and Performance SORP rèfÈrenc8 The current year has seen more new groups starting which have again proved very popular. Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wder benefits to sociely as a whole. ParB 120 Our monthly Committee Meetings are always geared towards the benefit of our members. and our monthly Open Meetings have seen record attendances. The diverse and interesting talks at these meetings have benefitted our members, who have also enjoyed tha social inclusion. The events we initiated included our 40 Blrthday Celebrations where rnany mèmbers attended and some groups entertalned. We also hosted a Groups Taster meeting where members of the publlc came and Joined our u3a thereby increasing our numbers. All these events benefitted our many members as well as the public and added to our soclal Inclusion theme. This year's membershlp Increased to 784 as at 31 th Additional information (optional) You may choose to include furthgr statements where relevant about,. Achievements against objectives set PAra 141 Perfonnance of fundralslng activities against objectives set PBra 141 Investment performan against objectives Parsl 141 Other Financial Review Review of the charity's financial position at the end of the period Para 1.21 At the end of the period, 31 July 2024. a total of £17243 is held. This includes sum of approx. £2750 of membevs money received for payment of classes and trips that would carry over onto the next financial year. It also includes £1928 of member payments via PayPal which are payments for the next financialyear. We hold reserves at a local Building Society in order to meet any unforeseen expenditure that may occur. These are unrestricted funds. £6092 Statement explaining the policy for holding reserves stating why they are held Para 1.22 Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going conc8rn Para 1.22 p8￿ 1.22 PBra 1.23 Addltlonal Inforniatlon {optlonal) You may. choose to include further statements where relevant about.. The main source of Income Is through membership subscriptions and the clalmlng of Glft Aid. Th8 charlty's prlnclpal sources of funds (includlng any fundraising) Para I d7 Expendlture supports the key objectives of providing locations for some of our groups and speakers for tho monthly Open Meetings. together wllh supporting administration expenses. All classesl roups are self-financing._.-- Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 146 other Structure, Governance and Management Description of charity's trusls= Type of governlng document P8r• 1.25 Constitutlon adopted 21 September 2020 Unlncorporated members assoclatlon How is the charity constituted? PAr¥ 1.25 Trustee selection methods including delails of any constitutional provisions e.g. election to post or name of any person or body enlitled to appoint one or more trustees P8ra 1.25 Trustees appointed annually at the Annual General Meeting Addltlonal Informatlon (optional) You ma choose to includ8 furth8r stat8m8nts where relevanl about: Policies and procedures adopted for the Inductlon and training of trustees Para 1 $1 All Trustees give their lime voluntarily and receive no remuneratlon or other benefits. The charity's organisational structure and any wider network with which the harity works Para 1.51 Member of the Thlrd Age Trust Relationship with any related parties Parn151 Other Reference and Administrative details Charity name Other name the charity use5 Registered charity number Charity's principal address Saffron Walden u3a 290670 14 GREENWAYS SAFFRON WALDEN ESSEX CB11 3EZ Name5 of the charity trustees who manage the charity Dates actèd if not for whole ar Trustèè nam• lif any) Name of person lor body) èntitlèd toap oint trust4• ifan James Dwyer Mary Curtis Chairman ice Chairman and Activities Organiser Treasurer Whole year Whole year Stephen Messenger John Ttueman Whole year Membership Secretary Speakers Organlser Venues Organiser Whole year Brian Kerrison Whole year Whole year Susan Brown 10 12 13 14 15 16 17 18 19 20 -J)ort was aP￿rOVed Corporate trustees - names of the directors at the dat8 the re Dlr•ctor nam• Name of trustees holding title Éo property belonging to the charity rN8tg0 name Dates acted rf not for whole year Funds held as custodian trustees on behalf of others Descriplion of the assets held in this capacity Name and objects of the harity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangemenfts for safe custody and segregalion of such assets from the charity's own assets Addltlonal Informatlon (optlonall Namos and addresses of advlsers Ioptlonal Information! Type of Name Address advisor Name of chief execullve or names of sènlor staff members (Opllonal Informatlon) Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other optional information Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full name{s) Position (eg Secretary, Chair, etc) JAMES DWYER -èuRTIS VICE CHAIRMAN CHAIRMAN Date 11- O"L- u3a Stsffron Waldon Reolslered Chaflly Number 290670 ACCOUNTS FOR YEAR ENDED 31ST JULY 2024 RECEIPTS AND PAYMENTS ACCOUNT 202M4 2022-23 Brou Bank Accouni Bull#lng Soclèty **counl T&T A¢¢oufit P¥yPal Futu￿ YowP•ymenl¥ ¢o•h In Hthd IT&TI M Forw £ 3.44132 £ 6.092.31 £ 3,337.74 £ L456.71 £0.00 Tol48•l•nc• £ 7.021ffj5 £ 6,078.93 f 4,100.96 £ 1211.69 £O.QO £18,412.83 432&58 R8c81 18 2022Q4 Bulldlr*g SOCI￿ lfit•r•Bt £0.00 Ttsial8S £ 14,110.61 Glft Ald £ 784.19 Sub$¢rlpiion8 Ilncludlnp P•yp•l É 9,6B4.68 Sul)s¢ilpiion8 24-2fj £ 282.50 Sundrfo È1,321.20 To4lCwrnttt Thèatr• 8 Trny £19,507.00 T&T R•lund$ £O.OD rrtdTTI' . £29,007. T&T C•Ah £0.00 £W#O.11 P•yTr•l £0.00 £13.38 £ 13&29.65 £907,17 £7.269.29 £ 62.50 £1.233 00 £UOQ*.61 23.970.$0 16.50 £2J,987.OQ £O.OD fA7.WIA• 2,350.110 0¢18Y.18 nta 2023-24 Cla88 Fxpon Admln a Sundry ExponM• Laptop Purch•80 The•tr8 & Trav•1 T&T Relundj T&T Catsh £11.661.83 £14167.78 £0.00 rothl £ 28.087.8Z f 439.65 Total £14.197.79 £12,383.OS £0.00 £aJfjQ.84 £ 24,245.22 É 505.W £24.130.22 £o.ori £61A31N, £28,527.47 payp*l' Paypal R¢celpl8 3,695.1>0 YO￿ PPRK4W 1111:+ Piypal-tr•n¥f•r 10 Curr•nt £ 3.108.18 Payyl. Cornml¥$lon & Rofundg e11S.66 Towffletyffl￿.￿Q#1I. 81 £ 2.350.00 . £UPXO0 £ 1034.79 Balances Ca￿1•d Forward Bank Account Bulkllny So¢ietyAccount T&T account PayPal F¥lur• YurPayment¥ T&T CJ8h f 4?05.39 6.092.31 £ 4.517.27 £ 1.937.87 £0.00 £ 3MIA2 É 6.OY2.31 f Y.337.74 £ Ih56.71 £0.00 Jamès Dwyer Chalmian Stov• M668eng8r Treasuter u3a SDlfron Wg*lde INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF u3a SATr FRON WALDF.N I report on the accounts orth¢ Chariiy for tiic ywdr ended 31 st July 2024, which are sel out on pagc aitached. RcsPCCtiYe responyibililies of IruslL*% cx¥ininer". The charity's trusi¢L's are resp)nsible for the prepardtion of the aceowits. The chariLy's trustees consider that an audit 15 nol re4uir¢d for ihis year under section 14511) ofthe Lharitics Act 201 1 and thal an independent exaninalion is needed. li is my resrA)nsibility to.. ¢xamine ihe ac¢ounts {under s¢ction 145( Ixu) of Ihc ?01 l Act) follow the pr0cLxlU￿ laid down in the G¢nLrdl Directions given by the Charity Comm7s5ioner5 (undcr $e¢tion 145{5)lalL.{bl ofthe ?01 I ALtI. $Ne whfflher parti¢ulor mattera hav¢ come to my attention. Basis of Indtpendent examltter'5 report.. My examination was carried out in uccordanc¢ with the Genergl Dircclions biiV¢ll by die CliariLy Cuillmissioi?ers. An examinalion include8 a revi¢w of thc ccouniing rLcords k¢pL by ihc cl?arily Ilnd o c(Jmpc)ri.50n <11. Ihe Accoiinls prcqented wilh ihu5e records. li also includcs wnsidcralion of any uiiusudl iians or di5c105ures in thL ¥wounts, and ihe seeking of ¢.xplanations from you as triislees conrcmingi such matters. The proL¥(lur¢s uiidcnaken do not provide all th¢ ¢vidence that would be requir¢d in aTr audilan¢ ¢onsequcnily. I do noi ¢xpress an audii opinion on the vi¢w Biven by th¥ a¢¢ounts. Independeftt examiner's ststemenl.. In connection with my ex8min4lion, no matl¢r ha$ come tu my atteniion: l ) wliirh gives me reagonable cause io believe that. in arty molerinl rcspe¥l. the requircn)ents: to keep accounLin&¥ records in a¢¢ordancc with sc¢tion 132 of ihe Act.. and to prepare accounts whieh attord wilh th¢ accounting) recor