Charity registration number: 100089 North Down & Ards U3A Annual Report and FiDanciaI Ststements for the Year Ended 31 March 2023 North Down & Ards U3A Contents (Continued) Reference and Athninistrative Detsils Trustees, Report 2to4 ststement of T￿￿te¢s, Responsibilities Independent Examin¢¢s Ret Statement of Fin8nciai Activitie5 Balan¢e Sheet Notes to the Financial Statements 9t015 North Down & Ards U3A Reference and Administrative Details Chai￿￿ll Catson Wilson Trustees Carson Wi]SQD David MuTfdy Pat Browne VaIerie Dickson Marian Baxter Kate Lockhart Charity Registrntion Number 100089 Principal Office Resource Centre North Down Community Network 5 Castle Park Bangor Co Down BT20 4TF Independent Examiner Hamilton Morris Waugh 34 Dufferin Avenue Bangor Dowj B T20 3AA Page I North Down & Ards U3A Trustees, Report The tn￿teeS present the annual report together with the financial slatements of the charity for the year ended 31 March 202). Trustees and officers The th]stees and officer5 serving duriDg the year and sintt the year end were &8 follows: Trustees.. CaT50n Wi150n Jackie G&skin (appointed l June 2022 and resigned l May 2023) David Murray Pat Browne (app)inted l June 2022) Valerie Dickson (appointed l June 2022) Marian B&xter (apFX)inted l June 2022) Kate Lockhart {aptK)inted I September 2022) Adam Harbinson {re5igned l April 2023) Ann Adams (resigned l June 2022) Anne McKNuw (resigned l June 2022) Janet Holland (resigned l June 2022) Peter Gay {resigned l June 2022) Chairnian: Carson Wilson Page 2 North Down & Ards U3A Trustees, Report (continued) SITucluTfy governance and management Organif(thonal structhre The mawement ￿MmIt¢¢ WIK) served during the year and up to the date of this report are set out on page l. The management commitee are appointed at the annual general meeting. The management commitee have assessed the major risks to which the Charity is eX￿Se￿ and a￿ satisfied that systems are in place to mitig* Cxw￿Ure to the major risks. Objectives aDd activities With the total removal of Covid restricttons, the majority of our interest groups started to meet again face -t face for the fiTSt time in over 2 years and we now have over 100 athive interest groups and the numbers are growing gradually. By continuing to keep in regular contact with our members, for example, through the issue of our Ezine, we bave maintained our mernbership at lJ09. Unfortunately, however, following a review, it w decided that the Ezine, which was issued originally every rnonl￿ would now be issued on a bi-monthly basis. The Executive Committee continued to meet every month with the restriction on number5 (for Covid re&8ons}, recently lifted and an abridged version of the minutes of th05¢ meetings continued to be posted on the website to ensur¢ that the mem1￿rship was aware of the Vario￿ issues wjdressed by the Committee. Two new w)licy papers We￿ a￿. Suc¢ession Planning and Data Protectio￿ and both of these were posted on the website. New Members, meetings were held regularly throughout the year and these meetings were w8ed in an attempt to establish what experience and skills the new members might have. and be willing to share with us, in developing new ideas for new interest groups. Throughout th¢ year mu¢h appreciated work and progr¢s5 was done by our Accommodation Team to proce55 our application for Lottery funding for the PUTposes of acquiring town centre accollllnodation. However, following numerous meetings with the IA)tt¢ry representative, our application for funding hag been paused. The Lottery Board recognised the need for a "home- but not necessarily in an expensive city centre location. Added to this, the cessation of European funds bad resulted in applications becomillg extremely ¢ompetitive with very few of them being approved. During the year we welcomed the Archive ProjecL which was a huge piece of work undertaken by our President over many years and represents an invaluable histori￿1 rewrd of the formation and progression of this Movement to the fi￿rIllIng organis*ion it is today. The Archive Project was successfully and officially launched during the month of Febnwy 2023. Our President and her worthy SUPPKlrting team were congratulated 8nd thanked for their efforts in the publi￿tiOn of the numerous volumes comprising the Archive which have been stored in the local Library. Page 3 North Down & Ards U3A Trustees, Report (eontinued) Much dI￿u5s1On took place ab)ut plans for the celebration of the 40th and 25th year AmiiveTsary celebrations. The 25th Anniversary of the North Down & Ards u3a took place towards the end of October 2023 in the Bryansbum Inn Bangor where over 80 members attended in the company of the mayor. A g(KMI evening. with the aid of some very good entertainmenL was had by all of those who attended. We were honoured with a visit from Liz Thackray, Chair of the Third Ag¢ T￿￿l in March 2023. The meeting, which was an infornial one, was attended by a range of our interest groups. including Photography. Astronomy, Card - Making and Inter-Generational Learning and by ail a¢¢ounts. Liz Thackray w&$ very impressed with what was presented to her. The T￿￿teeS can view this 18 2 success￿1 year. Despite the difficuhies experienced during the year, with many of those continuing with. for example, vacancies in the Executive Committee and in our support services. which resulted in Committee members assuming resw)n5ibility for duties over and above their existing ones with no volunteer support emanating from the monbership. Ap roved by the trustees of the ¢baTity on 22 June 2023 and Signed on its behalf by: David Murrdy Tn￿tee Page 4 North Down & Ards U3A Statement of Trustees, Responsibilities The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and appli¢abl¢ law and regulations. The law applicable to charities requTres the tn￿leeS to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the charity for that period. In preparing these finan¢iaI stat¢ments, the trustees ar¢ rquired to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP. make judgements and estitnates that are reasonable and pruden¢ state whether applicable accounting standards hav¢ been followe(L subject to any material departures dI￿lOsed and explained in the financial statements. and prepare the financial statements on the going concern basis Unl￿ it is inappropriate to presume that the charity will continue in business. The t￿￿e¢S are respK•nsible for keeping proper accounting recordq that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008, ChaTities (Accounts and Reports) Regulations (Northern Ireland) 2015, and the pmvisions of the constitution. The trustees are also ￿s￿nsible for safeguarding the a85¢ts of the charity and hence for tsking reasonable steps for the prevention and detection of fraud and other ir￿gUIaTltIcs. The trustees are responsible for the maintenance and integrity of the conx)rate and financial infOrn￿tIon included on the charitable company's website. Legislation governing the preparation and dissemination of flliancial statements may differ from legislation in other jurisdictions. Ap roved by the I￿SteeS of the tharity on 22 June 2023 and signed on its behalf by: David Murray Trustee Page 5 North Down & Ards U3A Independent Examiner's Report to the trnstees of North Down & Ards U3A I report to the ttustees oo my exalnin￿on of the accounts of North Down & Ards U3A for the year ended 31 March 202J. Responsibilities and basis of report As the charity's trustees of N'orth Down & Ards U3A you ate responsible for the preparation of the accounts in accordance with the requirem¢nts of th¢ Charities Ad (Northern ]￿land) 2008. It is my r¢spon5ibility to-. examine the accounts under section 65 of the Charities A¢¢ to follow the procdures laid down in the general Directions given by the ChaTity Commission for Northern Ireland under section 65(9)(b) of the Charitie5 Actr. and to state whether particular matters have come to my attention. B48is of independent examiner's report I have examined your charity accounts &$ required under se¢tion 65 of the Clwities Act and my &Yamination was carrled out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities A¢t. My examination included a Teview of the accounting reconis kept by the charity and a comparison of the accounts presented with those re￿rds. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as tswtees concering any such Matt￿5. My role is to state whether any material matters have come to my attentioj) giving me cause to believe: (l) That accounting records were not kept in accordan¢¢ with section 63 of the Charities Ac¢ {2) That th¢ accounts do not accord with those accounting T￿ords. (3) That the accounts do not comply with the accounting requirements of th¢ Charities ACL (4) That there is further inforniation needed for a proper understanding of the a¢¢J)unts to be reached. Independent examiner's stAtem¢nt I have completed my examination and have no ￿ncernS in te5pect of the matters (l) to {4) listed above and, in connection with following the Directtons of the Charity Commission for Northern Ireland, I have found no matt¢r5 ihat require drawing to your attention. Philip Nixon ACA Independent examiner 34 Dufferin Avenue Bangor BT20 3AA 22 June 2023 Page 6 North Down & Ards U3A Statement of Financial Activities for the Year Ended 31 March 2023 Unrestrieted fun Tot41 2023 Note Income 2nd Endowments from= Donations and legacies Investment income Other income 4.145 17 41.546 4,145 17 41,546 Total income 45.708 45,708 Expenditure on: Charitable activities (46.039 (46,039 Tolal expenditure 46.039 46,039) Net expenditure (331} (331) Net movement in funds (331) (331) Reconciliation of funds Total fim