2020-07-31-accounts - University Of The Third Age Farnborough And District

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Objecti	v	e	s and	Ac	tiv	itie	s
							8ORP reference
Summary		ofthe purposes				of		(1)Toadvance the education ofthe
the charity as set out				in	its			public and In particular the education		of
governing		document						the middle aged and older people who
								am not in full time employment.
								(2) The provision offacilities for the
								leisure time and recreational activities
								with the objective of improving the
								conditions of life for the above persons
								in the interest oftheir social welfare.
Summary activities		ofthe main in relation to those					Pele 1.17and 1.18	The focus ofthe Charity is for the members to organise and participate		in
purposes		for the public						activities on a self help basis. These
benefit,	in particular,			the				activities comprise study meetings,
activities,		projects or						supplemented with social and activity
services	identified in			the				classes.
accounts.
								To this end up to 100groups operate		to
								provide a varied programme ofclasses
								and activities at weekly, fortnightly,	or
								monthly intervals.
								Social events including Barn Dances,
								Quiz Nights, Hog Roast, and Christmas
								Winter Warmer gathering, monthly
								meetings with a guest speaker are
								arranged.
Statement			confirming				Para 1.18	The Trustees have considered the
whether	the trustees			have				guidance set out by the Charity
had regard			to the guidance					Commission and confirm that we meet
issued by the Charity								the guidance.
Commission			on public
benefit
Additional		information			(optional)
You~ma	choose lo include					further statements		where relevant about:
							SORP reference
								We do not make grants
							Para 1.38
Policy on		grant making

chievements and Per	formance
	SORP reference
		Membership		levels have been lower
		than	in the previous		year.
Summary ofthe main achievements ofthe charity,	Pars 1.20	We provided groups to the		a whole range membership		ofTutor to meet our
identifying the difference the		objectives
charity's work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.

Achievements	against	Para 1.41
objectives set
Performance offundraising activities against objectives		Para 1.4i
set

Investment performance against objectives Para 1.41 Other

Financial Review
Review ofthe charity's			Para	1.21	Expenditure	exceeded income by
financial position at the	end				219,351 in the		period. This was
ofthe period					predominantly			due to the payment	out
					ofaccumulated			Group Visit monies
					(549,590) - the		income having been
					recorded in the			revious cried.
Statement explaining the			Pars	1.22	To retain sufficient cash reserves to
policy for holding reserves					cover 5 months			of non-paid tutor
slatin wh the are held					activities
Amount ofreserves held			Para	1 22	221,329
Reasons for holding zero			Pars	1.22	n/a
reserves
Details offund materially		in	Para	1 24	n/a
deficit concern
Explanation ofany			Pars	1.23	The consequence ofthe COVID-19				lock
uncertainties about the					down in March			2020 will influence costs
charity continuing as a going					and numbers		of members going forward
					into the new	financial year. Work
					continues to	evaluate the effect.
Additional information	(optional)
You maY choose to include		further statements			where relevant	about:
The charity's principal sources offunds (including			Pars	1.47
any fundraising)
Investment policy and objectives including any			Para	1.46
social investment policy
adopted
A description ofthe principal			Para	1 46
risks facing the chariity
Other

Description of charity'5
trusts:
Type of governing document					CONSTITUTION				ADPOTED 26 JANUARY
irusi deed ro 5!ci'atter't					1993
How is the charity		Para	1.25		TRUST AS AN			UNINCORPORATED
constituted?					ASSOCIATION
;5 g Lrnll Ico,"p cia'.Bd
assoctairon Cic11
Trustee selection methods		Para	1.25		Trustees	are	drawn from the
including details ofany					membership		and		elected at the Annual
constitutional provisions	e.g.				General	Meeting
election to post or name	of
any person or body entitled
to appoint one or more
trustees
Additional information (optional) Y~ht t td rhh			tt	t	h*«t	t		h	t.
Policies and procedures adopted forthe induction		Para	1.51
and training oftrustees
The charity's organisational
structure and any wider		Para	1.51
network with which the
charity works
Relationship with any related		Para1.51
parties
Other

Names an	d addresses ofadv	isers (Optional Information)
Type of	Name	Address
adviser
Name of	chief executive or names ofsenior staff members		(Optional	information)

CASH FUNDS
Bank			20,061
Petty Cash			130
			20,191
OTHER MONETARY ASSETS
Room Hire Payments in	Advance		3,671
LIABILITIES
Group Visits
Brought Forward from previous		period	24,567
Income in the Period			26,461
Expenditure ln the Period			(49,590)
Balance Carried Forward			1,438
Represented By;
Industrial Archaelogy	&Science		1,092
Friday 2 Walking			244
Town 8Country			102
			1,438
TAT Regional Fund			288
Gate Fund
Outstanding Room Hire Costs			270
Expenses			237
Total Uabilities			2,533
RESERVES
Cash at year End			20,191
Other Monetary Assets			3,671
Liabilities			(2,533)
		TOTAL RESERVES	21,329