REGISTERED CHARITY YUIMBTr:R: 1073787 Rcporl of ihe Tru51ec'% And UnAudiled Fiii#nciAI litAtClllL'nls fur thv Yc'ur .delI J I l)¥L'LmhLir 2024 for Creive und liunlivlc.h I,'nlversltv i)r the Thlrd AKL, BiiiiL% SIILriLliin D4iluiii Hoii.4e LILLlrcl Ivcl), CIIL%I)ir ('.Il' l (IZF
Creive and h'4n¢ii'ich University of thc I'hird Age LontLinls of the FInancI] .4>tAtements for the vear ended 31 December 2024 P#%c Ileporl of the 'l'rustees Independenl Examlncbr'y Rliporl SIMlcinienl iir rin#ncixl AcliviilL'% Statenient of blnunelul l?osltlon NDtLI.I tn th¢ FlnAnclal SIRtement$ l)c'lullLd Siyl¢men¢ ilf b'lnunLIMI AcilvltlL'%
Creive and NAntii'ieh Univorsity of the Third Age Report Dr ihe Trustee for thc vcar cnded 31 Dteembtr 2024 TIIL tru%tLCS prc%ciit tl)cir report with Ili¥ tllliinlisil stiilLTiiciils ot Ihc chi1rity tor tl)L S'LKif Lnded 31 1)LcciMbcr 2024. TIIC tru%iLL.4 havL adoptLd IhL provisions of Accouiltiiig aiid IILPOrtiiig¥ by Churili¢s- SialLniLnl of RLcommLndLd l)rdLIi¢i ,11)Iili¢iihlL lo ch¢1riliLs prLPqi ring IIILif 11LCOLinis in 41L¢ordilllL¥ iviih IhL l inaiiLiiil RLporliiigT Stiindiird iipp1ici2hlL iii IIIC UK and RLpublic ot Ir¥liind11.'RS 102) (LftLLll l Januury ?019). OBJIC.'TIVCS AND ACTIVITIES Objcctlvos 'I'IIL prii)LipuI objL'LtiVLS of thL charity iii thc p¥riod iindlr rLViCW M'LfL to uili'ai)CL thL vdulalioii of the public and. in P&ll'li¢ul£2r. IliL LdiiL:Ilion of ii)iddlL'_IlgLd iinJ vldi'r p¢uplL wl)v JrL nul in full limc ¥aiiifiil ¥'niployiiicnl iii C'r¥WL (ind Nii l)NviLI) and ils %urri)uiidiiig. IoLulily dnd to proii(IL taLililiL's lor ILisiir¥ and rL'LrLiltioiiul aLlii-iti¥s iviili IIIL )im ot iiiiprovin&i ihL' Londiliuiib of lifL fvi. IhL uforL'I)IL'ntivncd p¥isoiis in thL IillLfL'%r of soLiul w'¥lfarL. Revleiv ¢Jf ALllI'llle% Tlii$ 1111 S t)cen 41 ycar ol. &iroivil). Wc cxpecl Iliol ?11?5 H'ill he a ycar wlierc our luiids will fall S Il'e liave rc'diiced ()ur iiiciiibir%l)ip Icc li) L14 Iiiid wc h4lVI L.xlrii fiiiid% L()mii)illcil lil i)Iir Jll >'Liir iclLhrillll)n.% in ihe %iii?IlllLr. C)iir rc.%ci'vc.% hilvc 8ri)Ivi) .%libiliily (() Lll I, l YS qo ivc aiiiicipalc II)LfL' will bc i)11 incri'a.8c iii niir QifLlllP Lcvy. TRUCTLRF., GOI'F.RNIlNCF. AND MAYAGF.MV.NT Cvlll'l'riiliiki di)Luniiii)t Tlii il)ilTIIy 14 Llll)Ir(Il ILd by it% &F()I'Lniii)b? (lociiinLnl, IL dLLd ol'irLis11111(l ioi)sliiiilL's 1111 iiiiii)corpori11Ld Lliiirily. RF.fiF.Rfi.i%CF. AND ADNIINl&iTRATIVE DETAIL5 R¢Elstored ChMrl¢y number 107.17x7 Prlnclpil Addrc$s 2.1 Salnndei. Lre4ceni CW2 6SA 'I'i'ustccs N C rc)q%lLy - Wlb ii)u%fLr P14r()nk - Ili)i)ni Ili)nkiiib7S A I, iniiLS 1-I'Li14ufLr Mrs l. J()iiL'%- ML'iiil)Lrsliip Mi* S StLLI C'liuir Mr4 A Lloyd - NLM. IMciiibLr Linbon (rL'signLd 18,4.241 Mr4 M Siiiiiiions - SLLI'LIury Mr% l Dixuii - Mii)Lil¢'s SLLrL'lIlry N 11114iraiii - l.'VLIii. M T:iyl()r- IT Siipi)(Trri Mr.4 M Cjrilliilis - N'LIV MLmbL'r l.iiliDli (iippoinlL.d l ¥.5.24) Indlpendenl Examiner SIu¢iM Iliii)k.s IISL F'C'A Bank.$ Slieridan Diillim I Ivu%L Elc¢lra Way Cl)¢sliire CWI 6ZF Page I
Creive and liAnhi'lch University o(the
Third Age
Report of ¢he Trustees
for the Year endcd 31 Decembtr 2024
Approvcd by ordLr ot'ihc boi?rd ol'tru.4tLLS UII
14.3 LS
aiid signcd on 115 bLli
In(lependent Eiamiiier'5 Report to tlie Trustees of Crem'e #nil N'Anti%icli Uiiii'er.siti' of tlie Third Age In(Ici)endei)t exAminer's report to the trustee5 of Crei%'o aiid lltivicli Iliiii'ersity of the 'l'hird Age I report to the cliarity trustees 01) niy examinalioi) of Il)e ¢l¢COUI)ts of Creii.'e I2nd N'anlivieli Ui)ii'ersily of11)e Tliird Age (the Tnisl) for Ilie }'ear elided 31 De¢cmbcr 2024. Responsibilities Hnd basi5 of report As the cliarily Irlislees of the 'frusi you arL' r¢spon5iblc for Il)c prcp£iration of tlie accolinls ii) s?¢¢ord1¢ nce ivill) tlie requirements of the Chi£ ritics Act 2011 ('Ilic Acl,). I report iii rcspccl of Iny cxainii)atioii oftlic 'l'rust's accoiiiils carried oiil iiiider Seclioii 145 of Ihc Acl and in c(irryiiig) out ii)y cxaiiiiiialioii I liave followed all applic£?ble Direilioi)s givLn by Ilic Cli(1rily Coinn)ission Linder Section 14.S(.Sllb} of Ilie Aci. I ii(l¢i)eiiil¢iit examiner's 5tMtemciit l)avc coii)plelcd ii)y e¥aii)ii)alioii. I coiifiii)) Ilial 110 Ill¢ilL'rial Inallers Iiave coiiie 10 i)iy aiieiilioii iii coi)iieclion iviili Ilie L.¥aiiiiiinlioii gyiviiig> iiic ciiiisc lo bclicve ilial iii ni)y Iiialeric21 resp¢cl'. accoiii)tiiig rccords were Iiol kept in re.spect ofilie Triisl 618 reqiiircd by Scclioi) 130 of Ilie Act,. or Ilic iiLcoiinls do iiol ccord iviili Iliosc rc¢ords' or IIIL (iccoiiiils do not ¢oiiiply willi IIIL (IppIiciiblL' rLqiiirciT)ci)Is coiiceriiingi Ilie fori)1 96 1)d coiileiil of nccoiiiils scl oiil Iriic 611)d fnir vicw i¥,Iiicli is iiol u IT)allLr coiisi(Icrcd as Piirl of 1< 11 iiidcpeiid¢iil ¢A¢lllllll¢ilioii. IiiivL iio coi)ccrtis niid l)ave coine Iicross iio oilier 1114711¢r.% iii coiiiicclioii iviili Ilic eNniiiiiic?lioii to ivlii¢li 4111¢111ioii slioiild bc (Ir(IINlI 111 Iliis rci)ort ii) order lo eiiiqblL £1 pr()PL'r iiiidcrs14111diiigi ol. Ilic IlCCOilI)Is lo bL rL. clied. Siiiart Bnnks tjsc FCA lJi( l)ks Slicridaii r.ILLlrt) Ivay Cliesl)ire ("IV16/.r P<lge 3
Creive and Nantii'ich Unii'ersitv of the Third Age Stati'ment of FinanciAI Activities for the vear ended 31 1)eceinber 2024 20?4 UiirL4triLtLd tui?Il 20?3 T()1411 Nolcs INC:()IIE AfiD EIN DOM'NIENTS FROM DLII)dliLTrI)s and Icb(ILIIS 101.269 Ini'eslmlnl in¥i)In¢ I,u?o Totfil 10.I,?V4 114,?.fj0 EXPEfiDITURE ()N ClIArilxble Aclii'ilics irLci ¢liari141blc ¢XPL'ndilurc tivvi'riiui)¥¥ 11)51 4,11.311 )06 X4,113X NET INICOME 2.111? ?12 Rb.CONCII.IA'I'ION Ob. Tr'bNDS 79,01.1 78,801 T()TIlL FUNDS I.'ARRIED F()RWARD Tlic notCS tonn part ot'ihLSL liniillLi<il sliireniLni
Creive And Nantii'ich Unii'ersity of the Third Age StalLmeot of Fin#ncial P051tion JI December 2024 UiirLslrictLd tuncl t"uiiil CURRENT ASSETS Dcbivrs Ciish al bilnk and in hai)d l)7.4%7 88,L)L)8 100.487 NF,'I' CURR Tr:.Y"I' ASSTr:'I'S I UO.4117 )11.3514 TOTAL AS&iETS LES5 C'.URREIYT .IAIIII.I'l'lb'5 100,4117 ')11,3511 ACCRUALS iliND DEfERRED INC()ME I I l),?1)2) {11),345) NET IlS5ETS 79.01.1 b"UNI)S UiirL4lriLILLI tiiii(1s 11 I 11).5 79.013 Tl)TIlL fuND I ii)s 79,111 I TIIL fin¢lliCi(Il IiilLIiiLiils M'LrL' 111)proi'L.d by IliL IIu¢irJ of TruslL¥¥ und ULiilivrisi'd fur ISSLII, llnd ivcrc Sibiiicd ()n il% bclial r i)y'. A Finnc), Triislcc ThL notL5 furni Pilrt ot tlic%L tinanL1411 %tiltcmciits
Creiye and Nantii'ieh Unlversity ofthe
Third Age
l%ote.$ to the Financial StatcmcntS
for the vear ended 31 t)ccember 21J24
IICCOL']%TINC POLICIES
SummAry of significant accounting policics
Thc principlc accoiiniing policics applied in Ihc prcparalion of Ilicsc financial slalcmenls arc scl oiil bcloiv.
Thcsc policicb liavc bcen con5i¥tenily applied iu all )'cdr5 pr¢s¢iiied, IiiilebS uilienvisc bl#lcd.
Basi.% of i)repurutli)n
Tlie IinanLliil %luieiiienls of Ilie charity have been prep¢ired in accordance iviili 'Accouniin.4l lind Reporting by
C'li6iriliL% Si(Il¢'iiiL'ni ol. IILCOI)Iin¢'iid¢d Pr£i¢liLL ¢ippIiL4'iblL' 10 LI)IiriliLS pfLPcirinbi IhLif ilLLOUlll% ill il¥LI)rdilllLL
Iviili Ihe Fin41llci411 Rcporling .%iandard p]ICable in ihc LK und Rcpublic of Irclcind IFRS 1021 Icflcclive I
Inu¢lry 2015),. Tliu finiinLlltI %liilLIIILlli.% l)iivL bLLn pfLPiirLd undL'r IliL I)l%li)riLiil Lo%1 convL'nlion ¢iiid iliL'
accruals bJsi%.
Tlic fuiicliiinal And priiscnliiiii)nal currency of Il)c financial %lalLI)Icnis 1$ Ilic Pound %ierlinb 1£). M4)neiary'
411n()Ulll% in Il)c4c li1liinLiiil %luieiii¢ni% iirc r(>undcd li) Ili¢ nciir¢%l L.
Income
All iii¢oiiic is rccogniscd in Ilic Sialciiicnl ol. Fii?ancial Aclivilic5 oncc Il)c cli4iril)'11l¢ s eiiiillci)Icni lo Ilic fiiiids. il
is prubublL thul IhL iiiLom¥ ivill bc I'LLLII'L'LI iiii(I IhL siniount Lun bL' niL'£isiifk'(I rl'lidbly,
ExpL'iidllurL'
cl)iirily lo Iliiil expeiidilure. it is prohiihle Ihiil 11 If¢lll%ler nf ecoi)nii)iL henefils .111 he requireLI in %eiileiiienl lind
beeii Llaisified under l)eadiii&is Ihal
Creivc and Ninhi'ich University oftbe Third Age ,NthtL'S to thc FinAnelal StatemL'nts- continued for the vear endcd 31 December 2024 IYN'ESTMENT INCO,ME ?1124 Dcposii accciiini inlcrcsl 1.9.35 CIIAllI'fAIII,k ACI'IVI'I'ILS COSI'S Slipporl osl% (si iii}li' S) DirLLt Q'.vsls Toluls I)ii'¥Lt Lhurirubll ixpL'n(iitur¥' CJOVLrnilliLL Lu414 100,116 IOLI.116 90(Tr 90(1 100.116 9n(I 101.n22 LPP()RT C()%T (iovc'riiiliic CJovernonce costs )116 TRLSTF.F.S' RF.NIUNF.RATION' AND BF,NF.fiTS 'I'hLIL WLfL IiuslLL%' r¥niunL'rurion or olhLr bL'IiLfi14 foi. IhL yL4ir LiiilL(131 1)LLLinbLI. ?U24 IlL)r fc)r IhL yLur Lll(l¥(1311)L'lC'mb¢r 2023. Tru%tLllb¥ LIXPLn¥o4 Tlierc M'cr¢ no Inisiccs, ¢xpcnscs paid Inr Ilie ycar L'ndcd .11 Dccciiibcr 2U24 nor li)r Il)c ycnr cndcd 31 DecLI)Iher 211?l. Db:H'l'ORS: A1¥10UIYI'S FAI,I.IYG Dub: Wl'l'IIIN ONfr; Yb:AR 21124 Prepilyli)eiilb Iiiid ULLrucd ii)Li)Inc AC.'C:RUAL4i AND DEFERRCD IN<:()NIE 2n?4 20?3 ALL'fLials lind dLILrrLd incoinL 19,29 19,345 Pagye 7 conlinued...
Creiye and liantii'ich Unii'ersity of the Third Age 'otcs to the Flnanclal Statements - continued for thc VCAr cndcd 31 Dccember 2024 RELATED PARTY DISCLOSURES Tl)ere iver¢ no related parl), Iraii%aclioiis li)r Ilie ye(Ir elided I l Deceinber 1024. Igpe
Creive and IN Antii'ich Unii'ersity of the Third Age Det&iled Statement of Financial Activities for the vear cnded 31 Dccembcr 2024 2024 2023 1co.lE AND EI%DOM'NIEI%TS Donatlons and Ic2acles Gi(l ¢iid Siib%Lfipiioiis 97.415 77.603 101,269 t13,230 Inve.%liiienl Inc4)mL DLiio%iI IlLL()uni iniL'rL%I 1.935 1,1120 'I'otlll Incoining rcqour¢es 103.204 114.2$0 :xI>Tr', l)I'l'U Ilb: ClIHrilAhli' Mctffivillcs 79.310 !).111(I 7,335 C)7.823 5.287 7.381 .Idii)inislrii lion cosls Atlilialivii tLL.S SiinJry Lxponscs Brid&?e lee. 12U IUO,I l(I Xl.114(1 .Support cfi$¢s ,ILLiiuiildTILy &ll)Ii Il'billl fLLi 1)06 (Irul I'L%oufL'L% LXPLiidLII 101.0?2 ,44.0311 Net Inconie This pag¢ docs not lorni part ol'thc slaiutory financial sliliciiicnis Page l)