## ## ## ## ## ## ## ## ## ## The University of the Third Age Farnham and District Registered Charity Number 1019078 Statement of Financial Activities for the year ended 30 June 2023 |**General Fund**
Income - receipts
Membership subscriptions
Tax recovery
Donations
Bank interest received
Total income received
Expenses - payments
Bank charges
Committee & general admin
Equipment purchases& repairs
Group costs
Member communications
Monthly meetings
PayPal commission
PR & promotions
Projects / theme
Quiz
Third Age Trust subscriptions
Venue hires and costs
Website
Total expenses paid
Net Income receipts
(expenses)
**General and Restricted**
**funds**
General fund balance b/f
1/7/22
Restricted fund balance b/f
1/7/22
Current year net income /
expenditure
Group funds b/f 1/7/22
Group funds movement
Total funds
**Group Funds**
Group receipts||2022-
23
£
53,64
2
8,912
200
390
63,14
4
133
907
308
329
4,488
284
805
137
50
338
6,240
44,34
6
452
58,81
6
4,328
32,99
3
0
4,328
8,342
1,028
46,69
1
35,01||2021-
22
£
43,58
0
5,962
70
39| |---|---|---|---|---| |||||49,65
1| |||||192
793
1,208
2,452
8,102
955
635
0
395
0
4,996
42,60
1
730| |||||63,05
9| |||||| |||||(13,40
8)| |||||44,34
9
770
(13,40
8)
9,636
(11)| |||||**41,33**
**6**| |||||9,921| ## The University of the Third Age Farnham and District Registered Charity Number 1019078 Statement of Financial Activities for the year ended 30 June 2023 |Group payments
Net group income/expenditure
Balance b/f 1/7/23
Net group balances moved
Net group expenditure
Group balances c/f
Balance Sheet
**General and Restricted**
**funds**
NatWest current
CAF bank current
PayPal
CCLA deposit
General funds c/f
Group funds
NatWest current
CAF current
Group funds c/f
Total assets||6
33,98
8
1,028
8,342
1,028
0
9,370
2022-
23
£
647
15,26
6
568
20,83
9
37,32
1
1,624
7,746
9,370
46,69
1|9,932|9,932| |---|---|---|---|---| ||||(11)|| ||||9,636
-1,282
-11|| |||||8,342| |||||2021-
22
£
176
11,36
6
945
20,50
6| |||||32,99
3| |||||391
7,952| |||||8,343| |||||| |||||41,33
6| ## Notes to the accounts for the year ended 30 June 2023 1. The accounts are prepared on a receipt and payment basis, in line with last year. 2. The accounts have resulted in a much need profit this year of £4,328, resulting from an increase in fees of £10 per member as well as an increase in the number of new members joining our movement. The last 2 years have produced losses depleting our reserves by almost £23,000, as a result of the Covid pandemic. 3. Purchases of equipment is accounted for in full in the year of purchase. ## 4. Group funds Group funds are held on behalf of the respective groups., and represent monies collected from members towards activities such as trips, wine, tastings, etc. These funds are not available to Farnham U3A for general purposes. The University of the Third Age Farnham and District Registered Charity Number 1019078 Statement of Financial Activities for the year ended 30 June 2023 |Group
Architecture
Art outings
Classical
studies
Concert group
Photography
Shakespeare
trips
Theatre group
Tai Chi 4
Wine discovery
Wine for fun 1
Wine for fun 2|Balance
b/f
NET
movement in
the Year
Balance
c/f
45
45.00
0.00
209
209.00
1,300.66
264.15
1,564.81
175.00
-17.00
158.00
174.00
1,501.25
1,675.25
4,677.60
1,479.40
3,198.20
123.00
123.00
645.43
168.65
814.08
575.00
290.00
865.00
418.00
300.00
718.00| |---|---| ||8,342.69
1,027.65
9,370.34| ## Treasurers report I am pleased to report that we have made a small surplus this year, after 2 years of losses which had depleted our reserves following the effects of the Covid Pandemic. This surplus is partly due to the increase in the subscriptions to £45 as well as new members joining our U3A. Although we need to build up our reserves, we are holding on to current membership fees for this year due to the currrent economic climate. Availability of funds will be tight this year however we will look to create another surplus if opportunities arise. We may need to revisit the fees next year when our contract with the Maltings is up for renewal. THE UNIVERSITY OF THE THIRD AGE FARNHAM AND DISTRICT R•gl$tsred char5ty numbor 1019078 Independènt Examln•¢8 R•port to tho Trust I reporttts the tru8taes on my 8xamination of the aecounts of th8 above ¢harty I'the Trust'l forthe year endèd 30th June 2023. R•spon8ibllitr•$ and ba$L• of report.. As the charity trustees, you af• wsponsible for the preparation of the account¥ in accordan￿ %wth thts requirnments of th8 Charities 2011 (the Act"). I report in respect of my examination of the Trust's accounts carned out under section 145 of the 2011 Act and in carryirrfJ out rny examination, I have followed all the applicable Directions given by the Charity Cornfnission under section 14515llbl of the Act. Indepgndent examlnerfs gtatem•nt.' I have completed my examination. I confirm that Th) Material rnatters have com8 to my 8tt8ntion in connection with the examin8tion which gives me ca148e to believe that in, any material respect". the aceounting record8 We￿ not kept in accordanr* with SèL*on 130 of the charit￿9 Aet., or 2. the s￿)Unts did not accord with the accounting r8eord8', or 3. the accounts dKI not comply with appli￿￿￿e requirements conceming the fomi and content of accounts set out in th8 charit￿$ IAccounts and Reports) Regulations 2(JJ8 other than any r8qUiTement that the accounts give a'true and fairf which Is not 8 rnatt8r considaraj as part of an independent examination. I have no eoncèms and have corne acro83 no other matters in connection wlih the examination to which attention should be drawn in this rtport in ord8rto enable a proper understandir@ ol the accounts to be reached. Gltrnnis Tunor Date. Ilgl 2•13 89 Crondall Lane, Farnham, Surrey, GU9 78Z Examln•rf# Ob¥eThation8 I completely Support the Trea#ur*s comments regarding the level of the reserves and thg need to keep this under review. GNen the level ol annual expendrture th8 f888Tve 1$ (xjrrently a littye light. I would recommend that the retum CC18a to the Charty Commission In￿l￿ the rel movement on the Group Accounts. Oth8rwi58 th8 rgtum will not giv8 a comp￿t9 picturè of the fin8rri81 sfcuation.