REGISTERED CHARITY NUMBER: 1009872
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 September 2025
for
The Harrow University of the Third Age
Grant Harrod Lerman Davis LLP Chartered Accountants Second Floor, Kirkland House 11-15 Peterborough Road Harrow Middlesex HA1 2AX
The Harrow University of the Third Age
Contents of the Financial Statements for the year ended 30 September 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
The Harrow University of the Third Age
Report of the Trustees for the year ended 30 September 2025
The trustees present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the charity are the advancement of education and, in particular, the education of older people and those who are retired from full time work, by all means, including associated activities conducive to learning and personal development in Harrow and its surrounding locality.
Significant activities
The organisation currently offers over 70 study and activity groups. Study Groups form the central theme to the charity and there are also physical activity groups. Outings arranged by members include walks and theatre visits. All these activities give members the opportunity to learn and make new friends.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The trust has continued to benefit this year from subscriptions received. This has enabled the trust to continue supporting its objectives.
FINANCIAL REVIEW
Reserves
The trust is mainly dependent on subscriptions received from members. The charity cannot spend more money than it has in reserves.
FUTURE PLANS
We hope to continue encouraging more people to avail themselves of all we have to offer keeping costs down as much as possible.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charitable Trust is constituted by the Trust Deed (Constitution) created when the charity was formed on 2nd March 1992 as amended on 28th September 1995, 24th April 1997, 6th October 1998 and 14th April 2005. A new Constitution was adopted on 5th March 2013, and amended on 10th March 2015, 6th March 2018, 5th March 2019 and 13 March 2025. The entity constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Trustees are elected by the membership to serve for two years. Vacant positions are advertised in the Newsletter which is distributed to members three times a year.
Organisational structure
The Harrow University of the Third Age is run by a management committee. The Study Group Co-ordinator assists all Group Leaders and gives help to anyone wishing to start a new group. The committee has overall management duties.
Induction and training of new trustees
Interested parties are invited to meet with the incumbent holder of a particular position on the committee such as a Treasurer or Membership Secretary. If they feel they can fill that position they are required to get a proposer and a seconder. They are shown what to do and told what their responsibilities are.
Related parties
The Harrow University of the Third Age is an independent charity and is a member of The Third Age Trust. The chairperson and other members of the Committee liaise with National Office.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1009872
Page 1
The Harrow University of the Third Age
Report of the Trustees for the year ended 30 September 2025
Principal address
Flat 35, 40 Eastcote Road Pinner Middlesex HA5 1DH
Trustees
Anne Gerrard Lynne Dorff (resigned 13.3.2025) Katherine Westhead Susan Field Helen West Howard Greenwood Alison Tanna Matthew Bennett Krutsnadeek Buddhdev Patricia Sillifant Nita Patel Angela Taylor (Hon. Secretary) Anne Banks (Hon. Treasurer) Susan Chalmers (appointed 24.3.2025) Oscar Monteiro (Chairman) (appointed 13.3.2025)
Independent Examiner
Grant Harrod Lerman Davis LLP Chartered Accountants Second Floor, Kirkland House 11-15 Peterborough Road Harrow Middlesex HA1 2AX
PUBLIC BENEFIT
The benefit of this organisation is that people not in full time gainful employment can benefit by developing their interests and learning new ones as it is an excellent way to make new friends and also take an interest in the local community.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Angela Taylor (Hon. Secretary) - Trustee
Page 2
Independent Examiner's Report to the Trustees of The Harrow University of the Third Age
Independent examiner's report to the trustees of The Harrow University of the Third Age
I report to the charity trustees on my examination of the accounts of The Harrow University of the Third Age (the Trust) for the year ended 30 September 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Jeremy Harrod FCCA
Grant Harrod Lerman Davis LLP Chartered Accountants Second Floor, Kirkland House 11-15 Peterborough Road Harrow Middlesex HA1 2AX
Date: .............................................
Page 3
The Harrow University of the Third Age
Statement of Financial Activities for the year ended 30 September 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Subscriptions 51,960 Investment income 2 394 Total 52,354 EXPENDITURE ON Charitable activities Educational 46,220 NET INCOME/(EXPENDITURE) 6,134 RECONCILIATION OF FUNDS Total funds brought forward 58,080 TOTAL FUNDS CARRIED FORWARD 64,214 |
2024 Total funds £ 34,751 822 35,573 58,250 (22,677) 80,757 58,080 |
|---|---|
The notes form part of these financial statements
Page 4
The Harrow University of the Third Age
Balance Sheet 30 September 2025
| 2025 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 4 472 CURRENT ASSETS Debtors 5 1,992 Cash at bank 103,707 105,699 CREDITORS Amounts falling due within one year 6 (41,957) NET CURRENT ASSETS 63,742 TOTAL ASSETS LESS CURRENT LIABILITIES 64,214 NET ASSETS 64,214 FUNDS 7 Unrestricted funds 64,214 TOTAL FUNDS 64,214 |
2024 Total funds £ 630 1,800 101,173 102,973 (45,523) 57,450 58,080 58,080 58,080 58,080 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Oscar Monteiro (Chairman) - Trustee
............................................. Anne Banks (Hon. Treasurer) - Trustee
The notes form part of these financial statements
Page 5
The Harrow University of the Third Age
Notes to the Financial Statements for the year ended 30 September 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Volunteers
In accordance with SORP 2005, the contribution of volunteers is not recognised in the Financial Statements, as the value of their contribution cannot be reasonably quantified in financial terms. An exception may be made where a donor provides services as part of their trade or profession and where the charity would otherwise have had to purchase those services externally. In these cases, if material, those donated services would be valued at the open market value to the charity.
Page 6
continued...
The Harrow University of the Third Age
Notes to the Financial Statements - continued for the year ended 30 September 2025
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Deposit account interest | 394 | 822 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.
4. TANGIBLE FIXED ASSETS
| 4. | TANGIBLE FIXED ASSETS | ||
|---|---|---|---|
| Computer | |||
| equipment | |||
| £ | |||
| COST | |||
| At 1 October 2024 and 30 September 2025 | 1,120 | ||
| DEPRECIATION | |||
| At 1 October 2024 | 490 | ||
| Charge for year | 158 | ||
| At 30 September 2025 | 648 | ||
| NET BOOK VALUE | |||
| At 30 September 2025 | 472 | ||
| At 30 September 2024 | 630 | ||
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Other debtors | 1,992 | 1,800 |
continued...
Page 7
The Harrow University of the Third Age
Notes to the Financial Statements - continued for the year ended 30 September 2025
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Trade creditors | 2,849 | 3,481 | ||
| Other creditors | 39,108 | 42,042 | ||
| 41,957 | 45,523 | |||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| At | movement | At | ||
| 1.10.24 | in funds | 30.9.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 58,080 | 6,134 | 64,214 | |
| TOTAL FUNDS | 58,080 | 6,134 | 64,214 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 52,354 | (46,220) | 6,134 | |
| TOTAL FUNDS | 52,354 | (46,220) | 6,134 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| At | movement | At | ||
| 1.10.23 | in funds | 30.9.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 80,757 | (22,677) | 58,080 | |
| TOTAL FUNDS | 80,757 | (22,677) | 58,080 | |
| Comparative net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 35,573 | (58,250) | (22,677) | |
| TOTAL FUNDS | 35,573 | (58,250) | (22,677) |
continued...
Page 8
The Harrow University of the Third Age
Notes to the Financial Statements - continued for the year ended 30 September 2025
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2025.
Page 9