17.970 18.885 671 148 X.547 19,62) Thtrd Tn &413 S340 7,￿1 3.4al 510 1.102 274 1CIl 416 14.593 5.027 812 517 570 D•FK* 45.014 32,143 13,9 15 Tatsl 64.18S 54,1e6 517 rpkn kr th• >•w 5,578 54,165 Pwi l of 4 241 874 PA TOTAL 1•fvpl %)24 2287 4.935 Al 31• 2Q25 2287 4,935 At 1• 2024 2287 4T2 4.817 118 118 Ai 31¥ Mwrh 2(Q5 2287 fv1310 2025 118 118 Plac 2 of 4 u3a Belfast University of the Third Age- Belfast U3A (Roglst•rod Charlty NIC 101362) Treasurer's Report for12 months to 31st March 2025 My term as Tre88wer be8￿ cm May 16th 2022 arKI wlll end this yoar at the AGM May 29tPL In conduCtir￿ the tJsk8 888ociat8d with being Troa8urw, over the pjst 3 yoars I hove been •lded by Tom C8pper. DeFxJty Tre88urer. by Jim McDorThll WKI M8r8aret Stirrup. Memborship Secret8rio8 lattarty by the pro8poctive incoming Tre88urnr, Jthn NicholsorL I WCAJld like to P8S8 on my th•)ks to them 811 for their I￿1P throu8h¢xrt my term. And. 85 I will also be stepping down from the c(ynmittee, I wo rel8y my thanks to all methrs of the committee. p8St present for wffting up with me for the past 3 years. Lastly, l thank each WKI every member of Belfast u3a for end88vouring to compty with my (overty 8n8ry1) missives ro the methods tor conductin8 payment& Examlnatlon and Approval of Acc¢)unt8 These 8ccounts were completed 8fKI approved by the Trustee8 ￿ 19th M8y 2025 and the report by the Clwltys Independent Examlner was rlso cffjeted on that date. R•-or8anlgation of Flnanclal rKording practlc•s As one of the 808ls I had as incomirq Treasurer, we wanted the U3A fund8 held (x) behalf of Group Activitie8 to be fully separated fr¢xn t￿ funds held for 8110thor U3A activity. In the Bankin8 System this has entsilod holdin8 funds in the Grw Account (for Grow) 8CtivitieS) WKI the Main Account (for all rffi-8r￿P related U3A octivlty - 0.8. membw8hlp& room hire. poying for 8poakffs rr expenses etc). Th1& I feel18 better Frtice, wovides more dwity WKJ wll 8rnaty fac1￿￿te tho a(kninistratbon of thè Tre8sirer functi￿ Hopefuly overythirq we have dorn with thls, •rKI with the full IMplerrtht8ti￿ of 8eacon as sole finoncid rec(xding systen will alow for a more sewnless tr￿sItIon for our incomin8 Tre88LKw. tt hbs cwtainty Fyoved extromety to date. Group Actlvltl•s These represent the funds mwged on bew of durin8 year. The funds re delegated to bo used orty for tho activities of 88ch individual group, ￿ ri￿fenced from central BelfBst U3A funds and *KI￿d rKrt be trW8ferred between 8roup& Gr octivity has increased si8nificantly, mainty ckje to the fom)8tion of a nun￿￿ of •dditiornI groups 818nrflc￿t ncrease in men4xship. PaR¢3 of 4 Wlth 811 C¥oup fin￿1￿ xtivty now 8epar8ted frcm otlw moni88 (both on Bogc arKI within our Wing &c￿nts) it is •8sier to en8we that all (>wp activity is beir correctly recorded •rKI acc¢xmted for. M•mb•rship Membership numbofs hove irKreas•d a8ain thi8 y•or to the point whwe we now hwe well over 1100 nwnbers. We cryrtlrwe to encwoge all to 8i8n LP for Dirnct Debits. It reduces the •mount of w¢xk associated with 8dminratrntion of m•mb8rship fee& We wwld 8180 •ncourn8e those vh)0 have rA)t done 80 ormj are eli8ible to sign up f￿ Glft Aid (it costs member8 rK>thir%). as 8 c(￿51d0reb1O swn fty organisation Cf be 88lned from this (£2698 th18 yo•r). Impact ot R•celpts and Paym•nts on Op•rating Surplus We curmty record al finandal tr8rwction8 (in or ¢xrt) ￿ Beac￿ •t a point in tlme c108e as posslble to wh8n tw occw on the systeffL The aim ha8 b88n to have the system balwKe8 tottjly afigned with the Beacon bg18nce8 at 811 time8 which 8Iow8 for totsl trwwrency importanty, for a system that be readlly understood by people with cth • basic know*e of Jccount8ncy. Room Hire for montPdy meetln8s in th8 Balmoral Hotd rem•ins on• of ￿rI¥8 cost8. With 8 ful c08t over the year of £5,340. Over8lL we 8chleved a SLrplu8 for yew of £517. Th Chwity needs to retain reseNos to protect u• fr¢xn unforesoen event& WO have an 8dequ8te level to cary us through next finoncial year •)d to the additional expenditure wo 8nticipate in OIX 8PeCi81 frniver8wy yew. In the post yew we aided a c(xJple of 8rw in PLKchasirw eqUiFThent 8fKI in 8twt-I fund& We would Contin￿ to enc