CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 315r MARCH 2025
Charity No: NIC 104728

CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
CONTENTS
Page
Chairperson's Report
Treasurer's Report
Trustees, Report
Independent Examiner's Report
11
Receipts and Payments Account
12
Statement of Assets and Liabilities
13
Notes to the Accounts
14
Page 2 of 14

CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
Causeway u3a AGM
Chair's Report for the Year April 2024 to March 2025
Hello Everyone
Well, here is myfinal message to you all, and it is not without some sadness that I write. Being
your Chair for the last four years was an experience that was not on my bucket list (if indeed
I had one!) but it has been very rewarding for me and the friendships that I have made along
the way are priceless. Thank you everyone.
th
Causeway u3a will be celebrating its 30 Anniversary this year and l am looking forward to
our Gala Evening at Ulster University on 10 April. We are very grateful to the University for
providing the Diamond Hall without charge. one of the many benefits from our long and
productive partnership with the Coleraine campus. Professor Malachy O'Neill, the Director
of Regional Engagement, remains a firm friend of Causeway and our cooperation is an integral
element in their Age-Friendly University policy. Our members have audited lectures and
seminars offered by the English and History departments. the University Trail is a regular
venue for our Ramblers and Nordic Walkers and our sportsmen and women make excellent
use of the University's indoor and outdoor sports facilities. Many of our members reciprocate
by for volunteering as subjects for various research projects or acting as 'patients' for medical
and paramedical students and optometrists. We also enjoy an excellent relationship with
Causeway Coast and Glen5 Borough Council and Foyle u3a have been very helpful, offering
advice and openingtheir financial workshops to our members (though they are less generous
when it comes to defending the bowls trophy for which we compete).
Each year I have faced the impossible task of truly acknowledging the enormous contribution
made by our committee members, group leaders and other volunteers whose generous use
of their talents and knowledge allows Causeway to function and flourish. Please forgive me if
I mention only a few. Mary O'Hare (contrary to what I wrote last year!) remained as our
Activity Coordinator but also took the lead in organising our Gala Evening. l am very grateful
to Mary and her team for their sterling efforts in anticipation of what I believe will be a
splendid occasion. Brendan Mullan not only balances our books but also juggles his time to
lead our Tech Team and to contribute to the Northern Ireland Regional Committee. David
Johnston, our Membership Secretary, now has some 1450 members on his books and this is
very busy time of year for him as he deals with the annual round of membership renewal.
Tom Adair and his team have brought a new literary style and attractive look to the
Newsletter. Loretto Blackwood has continued to manage and maintain our original website
while Brendan and his team are developing a replacement. Nigel Creighton and his Stripe
machine have provided invaluable assistance in the collection of activity fees.
Our activities used to run from A (Art) to Z (Zumba) but sadly we can now only get from A to
(Yoga). Each one depends upon the expertise freely given by members within the
philosophy of the u3a movement and without their hard work Causeway u3a could not
function. I hope that all our group leaders understand how much we appreciate their
commitment and that my expressions of gratitude are anything but conventional. If Causeway
is to continue to flourish we need members to undertake these vital tasks, and your
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CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
Committee would be delighted to offer advice and assistance to anyone interested in assisting
with these responsibilities or developing new activities.
This year's international holiday was at Lake Maggiore. Rosalind Pritchard led a party of 36
travellers who enjoyed good weather, the services of an excellent guide and some interesting
excursions. The holiday was again provided in conjunction with Riviera Travel, from whose
financial support, through its generous Affinity scheme, Causeway has greatly benefited. (You
can find further details of the scheme on our website.) Our Vice-chair, Ken Canavan, not only
organised a number of well-5ubscribed day and half-day trips but also a very successful
autumn holiday in Scotland. We were able to offer a few places on both the international and
autumn holidays to members of other local u3as and all our travellers benefitted from the
research and negotiations undertaken by Rosalind and Ken on their behalf.
The Activity Fair remains one of our calendar highlights and this year's event in September
was no exception. with a vibrant air of anticipation a5 group leaders gathered to enrol
members in our wide range of activities. My thanks to our Secretary, Alan Sharp and Activity
Coordinator, Mary O'Hare, who worked hard to ensure its success. It was held, as always, in
the Lodge Hotel, which is generous in its hospitality for our monthly meetings and other
activities. We have enjoyed a varied range of speakers and charity presentations for those
monthly meetings, again thanks to Ken Canavan's wide range of contacts. Ken and Tenia
Woods organised a very successful Christmas lunch at the Royal Court Hotel in Portrush with
entertainment from the Mill Strand Integrated Primary School choir and our own Singing for
Fun group.
As you can see from the Treasurer's report, our finances are very healthy and we have been
able to offer subsidie5 to groups to offset the cost of room hire. l am grateful to Brendan
Mullan for his oversight and I would also like to offer a massive thank you to Rosemary Peters
Gallagher for acting as the examiner of our accounts. I have, once again. enjoyed working
with this year's Committee to which Alice Chapman was co-opted.
I know that our next Committee will strive to make our community a place where we can
learn and laugh whenever we can. I wish you all every happiness a5 1 hand over the gavel to
our new Chair.
Barbara Foster
Chair, Causeway u3a, 2024-2025
Page 4 of 14

CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
TREASUREWS REPORT
This report outlines the financial attivities of our charityfor the year ending 31st March 2025.
Our accounts have been prepared on a Receipts and Payments basis, in accordance with
guidance from the Third Age Trust and the Charity Commission for Northern Ireland. Under
this method, all equipment purchased is written off in the year of purchase. The Statement
of Assets and Liabilities attached shows assets that are assessed to have a notional value,
together with the balance5 held in cash.
Income and Donations
Income from membership fees and activities rose by approximately £7,000 during the year.
This increase was further supported by £6,000 in donations from Riviera Travel, thanks to
members who booked holidays through their Affinity Partnership scheme and nominated
Causeway u3a. Under this scheme, up to IO% of the holiday cost is donated to us without
affecting the member's price. Please note that, as a condition of the scheme, these
donations are made directly to the u3a and not returned to individual members.
Expenditure and Subsidies
Activity Costs particularly for tutors and venue hire-have risen significantly due to
inflation. increased market rates, and higher operational expenses. To support our
members, we subsidised venue costs by 25% during the year, using surplus funds to help
keep artivities accessible.
Governance costs also rose, driven by the same inflationary pressures. It's important to note
that, due to the Receipts andPayments basis of our accounting. some activity invoices for the
2024 financial year were paid during the 2025 financial year. while invoices for the same
activities for 2025 were also paid within the same year. This overlap should be considered
when reviewing the financial statements.
Financial Position
The net result of these changes was approximately £IO,(K)O reduction in our funds.
However, once adjusted for the timing of invoices, as indicated above, the actual reductlon
in funds stands at £5,5(Kl. Despite this, our year-end balance of £42.048 reflects a healthy
financial position.
Change in Financial Year-End
To reduce the impact of future timing differences. the committee has approved a change in
our financial year-end from 31st March to 30th June. Most of our activities pause during the
summer, by which time the majority of invoices are settled and financial activity is minimal.
This change should offer a more accurate and complete picture of the charity's financial
standing, improve budget planning, and align our reporting cycle with our operational
calendar.
Membership Year Alignment
Most new members join in September, coinciding with the Activity Fair. which marks the
beginning of a new season of group activities. To streamline the onboarding process and
align the membership cycle with this natural influx. the committee has approved a proposal
to change the membership year to start on 1st September. As a result, the current
membership year will be extended by five months, ending on 315t August. The shift means
we won't receive membership fees in April, creating a one-time funding gap until
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CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
September. However. this is a temporary change, and regular membership contributions will
resume in September. The membership fee of £10 remains the same-this change is purely
to enhance clarity and efficiency. We have existing funds (£42,048) to manage this transition
without disruption, ensuring activities and services continue as usual.
Acknowledgements
I would like to extend my sincere thanks to our Membership Secretary, David Johnson, for his
excellent work in managing and recording fees of nearly 1.500 members. Thanks also to
committee members Nigel Creighton and Anna Logan for their continuing work in developing
our new membership portal, facilitating online fee collection, and training group leaders in
its use-with special mention to member Noel Murphy for his valuable assistance.
Conclusion
I commend these accounts to you and propose their adoption.
Brendan Mullan
Treasurer
Page 6 of 14

CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
TRusfEES' ANNUAL REPORT
The Trustees present their report for the financial year l April 2024 to 31 March 2025.
CHARITABLE OBJECTIVES
The Objects of Causeway u3a are: to advance the education of the public and
in particularthe education of older people no longer in full time gainful
employment in Causeway Coast and its surrounding locality. and the
provision of facilities for leisure time and recreational activities with the
object of improving the conditions of life for the above persons in the
interests of their social welfare.
PUBLIC BENEFIT STATEMEKr
The benefits that flow from the purpose is keeping older minds active and
involved through the acquisition of knowledge or furthering of knowledge in
specific areas of interests to the recipient.
Causeway u3a provides the older person in its area with educational
benefits which they would not otherwise be able to access at a minimal cost.
Further benefits that flow from this purpose are improved health awareness
of issues related to older people and physical and mental health maintained
and/or improved through the uptake of activities provided hence reduction in
demand for public health seniices. Also, the bringing together of isolated
people and introducing them to new interests and friends therefore giving
them a new outlook on life. This is especially pertinent to the Causeway area
where people choose to retire to. The beneficiaries are the current I,OOO+
members of Causeway u3a, who are retired or semi- retired men and women
living in the Coleraine, Portstewart and Portrush catchment area. There is no
possibility of any harm or possibility of harm outweighing the benefits.
ACHIEVEMENTS AND ACTIVITIES
These are set out in the Chairperson's Report on page 3.
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CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
TRUSTEES, ANNUAL REPORT (Cont'd)
Flnancial performance
Almost all our activities have now resumed following the covid epidemic and the credit
balance against activities reflects the payment in advance for courses that will run from
April until the summer. Balance held at the end of March 2024 was £52,532, balance at
the end of March 2025 is £42,048. The accounts are produced on a receipts and
payments basis therefore the balance carried forward reflects payments in advance for
activities. The Trustees are content that the charity has sufficient resenies to continue to
function effectively. It should be noted that all reserves are unrestricted.
Risk Management
The Trustees have assessed the major risks to which the Charity is exposed, in particular
those relating to the finances and operations of the Charity and are satisfied that systems
and processes are in place to mitigate the exposures to the major risks.
Reserves Policy
The Trustees aim to ensure that sufficient reserves are maintained for the efficient
operation of the charity. All reserves are unrestricted.
Reference and Administrative
Information Governance and related organisations
Causeway u3a, charity number 104728, was registered with The Charity Commission for
Northern Ireland on 4 March 2016.
The charity is a member of the Third Age Trust as an unincorporated a550ciation and has
a governing constitution which was last formally amended at the AGM on 23 April 2009.
Causeway u3a and its property are administered and managed in accordance with its
constitution bythe members of the Executive Committee, who are elected from amongst
themselves by the membership at the AGM. The role5 and responsibilities of the
members of the Executive Committee or Trustees are set out in the governing
constitution. The Committee typically meets once per month between September and
April. At each meeting the Treasurer presents the latest accounts for review and
discussion. The meetings provide a forum to: review recent activities; plan forthcoming
events; discuss the development of the charity," and also, received reports from other
officers on their areas of responsibility. Further ad hoc meetings are called if required.
The Annual Report and Accounts are approved bythe Committee and then presented to
the members at the Annual General Meeting
No funds are held by Causeway u3A as a custodian trustee.
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CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
TRUSTEES. ANNUAL REPORT (Cont'd)
Statement of Trustees Responsibilities
The Trustees are responsible for preparing the Annual Report and Accounts in accordance
with applicable law and with UK Accounting Standards. The Trustees are also responsible
for keeping adequate accounting records 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. They are also responsible for safeguarding the assets of the
Charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities. In so far as the Trustees are aware: there is no relevant information of
which the Charity's Independent Examiner is unaware; and, the Trustees have taken all
reasonable steps to make themselves aware of any relevant audit information and to
establish that the auditor is aware of that information.
Trustees
The Trustees of the Charity for the year were:
Barbara Foster
Ken Canavan
Brendan Mullan
Dr Alan Sharp
David Johnston
Dr David Eastwood
Sir Paul Girvan
Alice Chapman OBE
Mary O'Hare
Nigel Creigton
Patricia Fulton
Anna Logan
Chair
VI￿-Chair
Treasurer
Secretary
Principal Address
Causeway u3a
c/0 Enterprise Causeway
17 Sandel Village
Knocklynn Road
Coleraine
BT52 IWW
Banker5
HSBC
20-22 Railway Road
Coleraine
BT52 IPD
Ulster Bank
30 The Diamond
Coleraine
BT52 IDP
Page 9 of 14

CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
TRUSTEES, ANNUAL REPORT (Cont'd)
Independent Examiner
Dr R I Peters Gallagher OBE FCA
Moore (Nl) LLP
32 Lodge Road
Coleraine
County Londonderry
BT52 INB
Signed on behalf of the Trustees by:
( tror
#.o*aol£
Barbara Foster
Chair
Date:
Page 10 of 14

CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
INDEpENDE￿r EXAMINERS REpoirr
Independent examiners report to the tharity trustees of Causeway u3a
I report on the accounts of the Charity for the year ended 31st March 2025.
Respective Responsibilities of Charity Trustees and Examiner
As the charity's Trustees you are responsible for the preparation of the accounts in accordance with
the Charities Act {Northern Ireland) 2008. It is my responsibility to:
Examine the accounts under section 65 of the Charities Act
Follow the procedures laid down in the generdl directions given by the Charity Commission
under section 65{9) (b) of the Charities Act
State whether particular matters have come to my attention.
Basis of Independent Examiner's Report
I have examined your charty accounts as required under section 65 of the Charities Act and my
examination was carried out in accordance with the general directions given by the Charity
Commission for Northern Ireland under section 65{9){b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison
of the accounts presented with those records. It also included consideration of any unusual items
or disclosures in the accounts and seekin8 explanations from you as charity trustees concerning any
such matters. My role is to state whether any material matters have come to my attention giving
me cause to believe:
l. That accounting records were not kept in accordance with section 63 of the Charities Act
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of the Charities Act
That there is further information needed for a proper understanding of the accounts to be reached
Independent examiner's ststement
I have completed my examination and have no concerns in respect of the matters (l) to {4) listed
above and, in connection with following the Directions of the Charity Commission for Northern
Ireland; I have found no matters that require drawing to your attention.
Signed:
Name:
Dr R. l. Peters Gallagher OBE, FCA
Moore {Nl) LLP, Chartered Accountants
32 Lodge Road
Coleraine, BT52 INB
Address:
Date:
April 2025
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CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
CAUSEWAY u3a
Statement of Receipts and Payments- Year Ended 31 March 2025
Unrestricted
Funds
Restricted
Funds
Total
2025
Total
2024
Receipts
Voluntary Receipts
Donations
Other voluntary receipts
6,224
6,224
5,529
30
From Charitable Activities
Membership Fees
Activity Fees
Outings
12,126
57,198
41,101
12.126
57,198
41,101
14,568
51,643
37,549
Total Recelpts
116,649
116,649
109,319
Payments
C05t of Charitable Activities
Governance Costs
Third Age Trust
105,224
13,432
8,021
105,224
13.432
8,021
80650
7,491
7,875
Asset and Investment Purchase
Purchase of Equipment
155
155
498
Total Payments
126,832
126,832
96,514
Net Receiptsl(Payments)
{10,1841
(10,184)
12,805
Transfers tollfrom funds)
Deficit for the year
(10,184}
(10,184)
12,805
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CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
CAUSEWAY u3a
Statement of Assets and Liabilities- Year Ended 31 March 2025
U nrestricted
Funds
Restricted
Funds
Total
2025
Total
2024
Funds Reconciliation
Cash at bank 31.3.24
52,232
52,232
39,427
Surplus/lDeficitl this year end
{10,1841
110,184)
12,805
Cash at bank 31.3.25
42,048
42,048
52,232
Bank Balances
HSBC No I Current Account
HSBC No 2 Current Account
Ulster Bank No I Current Account
Ulster Bank No 2 Current Account
Multi-currency credit cards
22,192
16,659
385
30,874
20,429
2,297
515
929
42,048
52,232
Other Assets {Unrestricted Fund)
Audio Visual systems lat costl
Table Tennis table lat costl
Table Tennis table (sale proceeds)
Inkjet printers lat Costl
Other equipment lat cost)
965
965
490
690
-200
475
475
1.930
1,930
Approved by the Trustees
April 2025 and signed on their behalf by..
LK4.,11
Barbara Foster
Chair
Brendan Mullan
Treasurer
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CAUSEWAY u3a
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
NOTES TO THE ACCOUNTS
l. Related Party Transactions
No transactions with related parties or trustees occurred during the year.
2. Trustee Remunerdtion
No remuneration was paid to any trustee during the year.
3. Trustee Expense5
No expenses were paid to any trustee during the year.
4. Accounting Policies
The Charities Act (Northern Ireland) 2008 and The Charities (Accounts and Reports)
Regulations (Northern Ireland) 2015 permit a charity to prepare a Receipts and Payments
Account and a Statement of Assets and Liabilities where gross income in the financial year
does not exceed £250,000. Therefore, Receipts and Payments Accounts and a Statement of
Assets and Liabilities have been prepared and presented for the year ended 31st March 2025.
All Income is recorded when received. All Expenditure is recorded when paid.
5. Fixed Assets
Fixed assets are defined as items held for functional use, with a useful life longer than one
year, and with a value above the capitalisation threshold. For all equipment the threshold is
£200. Valuations have been provided for all such assets on the basis of their cost when
acquired. Assets are not depreciated. All equipment is written off within three years of the
purchase date.
7. Independent Scrutiny
The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 requires any charity
registered in Northern Ireland to have its accounts reviewed or audited. Where gross income
in the financial year does not exceed £250,000 the review may be an Independent
Examination by and Independent Person. Causeway u3a have chosen to exceed this minimum
requirement by engaging a qualified person to undertake the review for the year to March
2025.
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