REGISTERED CHARITY NUMBER.. 1073787 Report of the Trustee5 and Unaudited Financial Statements ror ¢l)e Year Ended 31 December 2023 for Crewe and Nanlwleh University of the Third Age Banks Sheridan Datum House Electra Way Crewe Cheshire CWI 6ZF Crewe and Nantwlch University of the Third Age Contents of the Financial Statements for the year ended 31 December 2023 Page Report of the Trustees Independent Examiner's Report Statement of Financial Aetivities Statement of Financial Position Notes to the Financial Statements Detailed Statement of Financial Activities Crewe and Nantwich University of the Third Age Report of the Trustees for the year ended 31 December 2023 The trustees present thelr report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted tlie provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Fiiiancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives The principal objectives of the charity in the period under review were to advance the education of the public and, in particular, the education of middle-aged and older people who are not in full time gainful employment in Crewe and Nantsvich and its surrounding locality and to provide facililies for leisur¢ and recreational activities with Ihe aim of improving the conditions of life for the aforementioned persons in the interest of social welfare. Review of activities This has been a year of consolidation. With there being a new chair and treasurer it has been a time of diversificalion, there being new groups and an improvement in our communication to our members. This year we have been able to defer our 2024 income received in 2023. We expect 2024 to be a year of contÉnued financial stability. Our reserves are stable at £45,148.15. Our resources being sufficient to ensure that there will be no increase in this year's membership fee or group levy rate. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is conti'olled by its governing document, a deed of trust and constitutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Cliarity number 1073787 Principal address 23 Salander Crescent Crewe Cheshire CW2 6SA Trustees Dr B Roe - Levies N Crossley - Web master Mrs J Ross (resigned 8.3.23) P Brook- Room Bookings A Finney- Treasurer Mrs L Jones - Membership Mrs S Steel - Chair Mrs A Lloyd - New Member Liason Mrs M Simmons - Secretary Mrs I Dixon - Minutes Secretary N Bharani - Events M Taylor - IT Support (appointed 8.3.23) Page I Crewe and Nantwich University of the Third Age Report of the Trustees for the year ended 31 December 2023 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Stuart Banks Bsc FCA Banks Sheridan Dathm House Electra Way Crewe Cheshire CWI 6ZF Approved by order of the board of trustees on ......... and signed on its behalf by- A Finney - Trustee Page 2 Independent Examiner's Report to the Trustees of Crewe aJ)d Nantwich University of the Third Age Independent examiner's report to the trustees ofcrewe and Nantwich University of the Third Age I repoit to the charity trustees on my examination of the a¢¢ounts of Ci'ewe and Nantwffich University of the Third Age (the Trust) for the year ended 31 December 2023. R￿ponsibIlItieS and basis of report As the charity ti'ustees 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 iii respect of my examination of the Trust's a¢¢ounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Chai'ity 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 thal 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 tlie form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that ihe 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 iii 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. Stuart Banks Bsc FCA Banks Sheridan Datum House Ele¢tra Way Crewe Cheshire CWI 6ZF Date: ..... s l.L¢(7o¥ Page 3 Crewe and Nantwich University of the Third Age Statement of Financial Activities for the year ended 31 December 2023 2023 Unrestricted fund 2022 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 83,230 83,757 Investment income 1,020 595 Total 84,250 84,352 EXPENDITURE ON Charitable activities Dlrect Charitable expenditure 84,038 83,011 NET INCOME 212 1,341 RECONCILIATION OF FUNDS Total funds brought forward 78,801 77,460 TOTAL FUNDS CARRIED FORWARD 79,013 78,801 The notes form part of these financial slatements Page 4 Cr¢we and Nanlwich University of the Third Age Statement of Financial Position 31 D¢eemb¢r 2023 2023 Unrestricted fund 2022 Total nds Notes CURRENT ASSETS Debtors Cash at bank and in hand 9,360 88,998 4,800 82,683 98,358 87,483 NET CURRENT ASSETS 98,358 87,483 TOTAL ASSETS LESS CURRENT LIABILITIES 98,358 87,483 ACCRUALS AND DEFERRED INCOME (19,345) (8,682) NET ASSETS 79,013 78,801 FUNDS Unrestri¢t¢d funds 79,013 78,801 TOTAL FUNDS 79,013 78,801 The financial statements were approved by the Board of Trustees and authorised for issue on signed on its behalf by- and were A Finney - Trustee The notes form part of these financial statements Page 5 Crewe and Nantwich University ol the Third Age Notes to the Financial Statements for the year ended 31 December 2023 ACCOUNTING POLICIES Summary of significant aceounting policies The principle accounting policies applied in the preparation of these financial slatements are set out below. These policies have been consistently applied to all years presenled, unless otherwlse stated. Basis of preparation The financial statements of the Charity have been prepared in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in a¢¢ordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015),. The flnancial statements have been prepared under the historical cost convention and the accruals basis. The functional and presentational currency of the financial statements is the Pound Sterling (£). Monelary amounts in these flnancial statements are rounded to the nearest £. 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. Taxation The Charity is exempt from tax on its charitable activities. Fund accounting Unrestricted ￿ndS can be used in accordance with the charitable objectives at the discretion of the trustees. The charity only has unrestricted funds. DONATIONS AND LEGACIES 2023 2022 Gift aid Subscriptions 5,627 77,603 3,500 80,257 83,230 83,757 Page 6 Continued... Crewe and Naiitwicli University of the Third Age Notes to the Financial Statements - continued for the year ended 31 December 2023 INVESTMENT INCOME 2023 2022 Deposit account interest 1,020 595 CHARITABLE ACTIVITIES COSTS Support costs (see note 5) Direct Costs Totals Direct charilable expenditure 83,186 852 84,038 SUPPORT COSTS Governance costs Direct charitable expenditure 852 TRUSTEES, REMUNERATION AND BENEFITS Thei'e were no trustees, remunei'ation or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. Trustees, expenses There were no trustees, expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. DEBTORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR 2023 2022 Prepayments and accrued income 9,360 4,800 ACCRUALS AND DEFERRED INCOME 2023 2022 Accruals and deferred income 19,345 8,682 Page 7 continued... Crewe and Nanlwich University off the Tllird Age Notes lo Ihe Financial Statements- continued for the year ended 31 December 2023 RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 December 2023. Page 8 Crewe and Nantwich University of the Third Age Detailed Statement of Financial Activities for the year ended 31 December 2023 2023 2022 INCOME AND ENDOWMENTS Donations and legacies Gift aid Subscrlptions 5,627 77.603 3,500 80,257 83,230 83,757 Investment income Deposit account interest 1,020 595 Total ineoming resources 84,250 84,352 EXPENDITURE Charitable activities Rent Administration costs Affiliation fees Sundry expenses Bridge fees 67,823 5,287 7,381 2,575 120 70,017 4,530 7,345 226 48 83,186 82,166 Support costs Finance Bank charges 185 Goverjiance costs Accountancy and legal fe¢s 852 660 Total resources expended 84,038 83,011 Iyet income 212 1,341 This page does not form part of the statutory financial statements Page 9