2025-07-31-accounts

POTTERS BAR UNIVERSITY OF THE THIRD AGE Registered Charity Number 1079721 ANNUAL REPORT -YEAR ENDED 31 JULY 2025

Constitution

Potters Bar University of the Third Age was established under a constitution signed on 10 September 1999. The current version was formally adopted at an Extraordinary General Meeting held on 8 January 2024.

The Charity Commission confirmed by a letter that the Charity was entered in the Central Register of Charities with effect from 9 March 2000.

Trustees

Patricia Bennellick ) Joint Chairmen Leslie Chesson ) Deborah Williams Vice Chairman (resigned 1 November 2024 ) Janet Emmerson Vice Chairman (appointed 20 November 2024) Elaine Saberi Treasurer (co-opted 19 December 2024) Linda Bradish Secretary (until 5 November 2024, then Membership Sec) Annette Higgs Treasurer (resigned 5 November 2024) Paul Burnham Secretary (appointed 5 November 2024) Josephine Cahill Membership Secretary (term ended 5 November 2024) Shirley Goodman-Phillips (term ended 5 November 2024) David Jones Gary Priestley Kathryn Shaw Carol Wilcox Judy Prior David Ramsay New Members Secretary (appointed 5 November 2024) Robin Burns (co-opted 10 March 2025)

Bankers

Metro Bank One Southampton Row London WC1B 5HA

Independent Examiner

Paul O’Brien

Objectives

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 Potters Bar and its surrounding locality.

Finance

During the year the Charity had an excess of expenditure over income on general activities of £2522 and an excess of income over expenditure of £654 on group activities (comparable figures for 2024 were an excess of £5,351 and £2,308 respectively).

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As at 31 July 2025 there were unrestrirted fvnds of £4.808 in the General Fund and £10,429 for specific 8roup activities. In relation to the General Fund the Trustees, aim is to hold not less than 6 months expenditure in reserve to cover future eventualities. In relation to group activities reserves are needed as some individual trips l events operate at a loss and costs are often met before the income has been recelved and banked. The reserves as at 31 July 2025 comply with this policrf. Year ended 31 July 2025 The Charity has provided facilities for continulng learning and physical activities for its membership which numbered 610 as at 31 March 2025, an increase from 573 as at 31 March 2024. There are about 50 educational and recreatlonal groups. all of which are self-financing. A broad spectrum of subjects is offered including languages, musl¢ and art appreciation. bridge, crafts, physical artivities and social events. The FU￿re The Charlty intends to contlnue runnlng the activities undertaken in 2025 and to expand them in accordance with the needs and wishes of the membershlp. Signed on behalf of the Trustees Pat Bennellick Les Chesson Elaine Saberi Treasurer Joint Chairman

POTTERS BAR UNIVERSITY OF THE THIRD AGE Registered Charity Number 1079721

Income and Expenditure Account for the Year Ended 31 July 2025

	General Groups Total 2024	General Groups Total 2024	General Groups Total 2024		General Groups Total 2025	General Groups Total 2025	General Groups Total 2025
Income Subscriptions Gift Aid Newsletters Groups-CHG outings Groups-Theatre outings Groups -Other Sundries Total Income	£ 4,114 0 0 0 4,114	£ 10,041 0 0 10,041	£ 14,156		£ 8,024 2,114 396 0 10,534	£ 29,238 0 4,137 33,375	£ 43,909
Expenditure Capitation Fees U3A Third Age Magazine Local News Letters Hire of Halls Monthly Speakers Printing, Stationery Postage Computer Costs Equipment P/L Insurance Beacon AGM Costs Group Co-Ordinators’ meeting Bank Charges Groups- CHG outings Groups-Theatre outings Groups -Other Sundry Costs Total Expenditure	2,288 3,078 10 3,446 1,046 1,142 475 522 1,298 106 730 0 112 14,252	25,967 1,386 2,982 30,335	44,587		2,372 1,730 10 3,761 770 1,334 606 305 59 146 756 191 617 34 366 13,056	28,749 1,961 2,011 32,721	45,777
Excess (shortfall) of income over expenditure Funds brought forward Funds carried forward	-5,351 12,681 7,330	2,308 7,467 9,775	-3,043 20,147 17,105		-2,522 7,330 4,808	654 9,775 10,429	-1,868 17,105 15,237

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POTTERS BAR UNIVERSITY OF THE THIRD AGE Registered Charity Number 1079721

Balance Sheet for Year Ended 31 July 2025

	General	Groups £ 16,895 2,921 -10,041 9,775	2024 Total		General	Groups £ 13,437 1,162 -4,170 10,429	2025 Total
Assets Bank Accounts Add: payments in advance to 31 July 25 Less: income received in advance to 31 July 24 Net Current Assets/unrestricted funds	£ 11,444 0 -4,114 7,330		£ 28,339 2,921 -14,156 17,104		£ 11,637 0 -6,829 4,808		£ 25,073 1,162 -10,999 15,236

Notes to the Accounts

1.Income received in advance are:

a) Member’s subscriptions received in the year ended 31 July 2025 for membership effective1 August 2025.

b) Groups income in advance consists of income received by CHG for outings to take place in 2025/2026.

2.The amount shown for newsletters does not include receipts in 23/24 for 24/25. They were included in the subscriptions and not analysed out in 23/24.

3.Hire of Halls includes teas, coffees and snacks for events.

4.The CHG trips continue to be well attended and have been very successful and within budgeted costs.

5.The Theatre group is not operating so the funds have been transferred to the General group account,

1. Gift Aid includes 2 receipts, 1 for tax year ended 5 April 2024 (as this was not claimed in time to go into last years accounts) and 1 for tax year ended 5 April 2025.

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lTrd¢wdtlli F.xmlB¢r'¥ Report iib lTh$tits for ihe y1￿1 L'ndcd 31 JMII 202 l ￿portOn ihE 3cfounts of Potter5 Bar UnNerstygf Thiid A8eforthe yearended 31 2025. wh•(h 4fÈ Set out on the followlng p4Ès. The Challty's tr￿lee$ are ¢esponslbl¢ for rh¢ preparatton of the acmvnts. The charlty's irusttes to￿￿1￿1 that bn audlt Is not reauired lor this yèai undÈr 144(21 of the Charitboski 2011 Iihe 2011 Act) and thai an independent examinathm 15 needed. It Is my re5PDnsltslity ta= Examin¢ th￿ a¢¢outlts under 5ettion 145 ofthe 2011 kt To f￿l￿W the proiedure5 lah4 in thp Eeneral direction5 ￿T￿nbY thecharity Comrn155K)n under 5eciw 34595lblof ihe 2011 kl To 5r¥iewtteter particulèr maiiefs have wmeio my att￿110￿ 45fjsof lThdewdent•¥mln¢rf% r•pon AyexaminailQn was carried out In accorthnce withf￿ 8eneTal ￿recr1D￿su￿eTr byihe Chariry Commissiorb An examination includes a of the accounting records kept tythe £hèrny and 4 compan50ngf rheafrount5 pre5enred WEh thw reiffjfd$. It 4150 includes cons1efatM of any unusual Items or dlsck)SJfes In the account5. and seekit)B ex￿ana1 from you osirLwees¢onrernnq aly 5v¢h mallers. The wixedure5 yn¢erraken do not provide èll the idÈt)ce that ￿Uld bt ttyUlr￿ in ao èudit consequefjtly no opinloo Is 8iven a510 wheiher rheafcounis ye5enr a'ir￿ and fairview, and the report i% limitedto those mattetsset oul th the next statement. Inthpermlent examlnerf55tsterrbpnt In connec¥￿th wTrlh myexèm&n•rioD, fbomatterhas corneio ry allen1￿. 11 whKh me re•59naWe cau5etobelleve that •ny materi41 resp￿tthe requlrernents . to ktepaccouniit)g records In actordènce with section 130of the 20JI Act and to prepare ic(ounts whkh af¢grd wkh ihe ￿OUnTing record% alld rhe a<countin8 requlrements olthe2011 ho￿ N)t be@n metor 21 to +hkh, in my¢plnbJn.attefitkn ShO￿j bè diawfi In orderto enatle a proper under- standiw of theKcounisio be reathed. Poul O'Bnen IICPAI 8" SÈptthmbÈr 2025