**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). 1 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| 3 ## **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, 6. 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. 4 lTrd¢wdtlli F.x*mlB¢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¥iewttet*er 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 cons*1efat*M of any unusual Items or dlsck)SJfes In the account5. and seekit)B ex￿ana1 from you osirLwees¢onrern*nq 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