## **BROXBOURNE UNIVERSITY OF THE THIRD AGE** Registered Charity No. 1090504 The Trustees present their Report and Accounts for the year 1st April 2022 to 31st March 2023 **PRESIDENT** Jean Hart ## **TRUSTEES** William Brock Chairman Jenny Murtagh Vice Chairman Geoff Ansell Treasurer Jane Burr Secretary Bernie Cove Membership Secretary Pam Watkins Minutes Secretary Valerie Foster Programme Editor Joan Driscoll Group Co-ordinator Gillian Lane Speaker/Hall Liaison Officer Chris Common Web Master Joyce Weston RUGS Stephen Green Information Officer Rita Cusumano Speaker Secretary Lesley Harrison Committee Member ## **CONSTITUTION** The Broxbourne University of the Third Age was established under a constitution adopted February 2000, amended and adopted May 2003 and further amended and adopted May 2008, May 2012 May 2018 and again in May 2021. The Constitution is based upon the Model Constitution recommended by the Third Age Trust. The Charity is managed by a Committee organised in accordance with the Constitution. Committee Members are Trustees. New trustees are recruited from our membership and are nominated and appointed at the Annual General Meeting in accordance with the Constitution. ## **OBJECTIVES AND ACTIVITIES** To advance the education of the public, in particular, the education of older people no longer in full time gainful employment in Broxbourne and its surrounding locality. The provision of facilities for leisure time and recreational activities, with the object of improving the conditions of life for the above persons, in the interest of their social and physical welfare. These objectives are achieved by organising Interest Groups from our membership and currently there are around 40 Groups. To mention just a few, they range from Art to Woodturning and include such activities as: Art, Bowls, Creative Writing, Dancing, Family History, French, Gardening, Heritage, Spanish, Scrabble, T’ai Chi, Walks, Woodturning etc. ## **BROXBOURNE UNIVERSITY OF THE THIRD AGE** Registered Charity, No. 1090504 ## Notes To the Accounts for The Year Ending 31[st] March 2023 ## 1 Accounting Policies These Accounts have been prepared on a Receipts and Payments basis as allowed under Section 42(3) of the Charities Act 1993. It is policy to retain a minimum of six months Branch Expenses as a reserve. - 2 These totals are the aggregate of all transactions of the “interest groups” for the year. - 3 Subscriptions in 2022-23 totalled £10,222 and in 2021-22 were £419. The small amount of subscription income in 2021-22 was due to a committee decision to extend the membership of existing members for a further year without payment. This decision was made because most u3a. activity ceased during this year because of covid restrictions. - 4 Raffle proceeds are used to supplement Branch income and, net of prizes, totalled £578. - 5 Sundry income during the past year has come from book sales (£248), Programme advertising (£100), u3a day grants (£260), bank compensation (£250), Herts Network fund distribution (£87), balances from closed groups (£68) and miscellaneous (£3). - 6 Affiliation fees include £1,816 paid to the Third Age Trust on a capitation basis. - 7 Equipment purchased during the year consisted of three new laptop computers for the Secretary, Treasurer and Membership Secretary. The cost of these was £1,349. - 8 The surplus of £4,335 is attributable to a surplus of £1,150, for the U3A Branch and aa increase. of £3,185 in total cash balances of individual U3A interest groups. - 9 The cash at bank and in hand are unrestricted funds and consist of: 31[st] March 2023 31[st] March 2022 Branch £11,112 £9,962 Groups Bank Account £ 9,758 £6.007 Groups Cash declared at home £ 2,799 £3,365 **TOTAL £23,669 £19,334** ## **BROXBOURNE UNIVERSITY OF THE THIRD AGE** Registered Charity, Number 1090504 ## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDING 31ST MARCH 2023** |||2022-23|| |---|---|---|---| |||£
£|£| |||Unrestricted|Unrestrict| |||Total|Total| |**RECEIPTS**|Notes||| |Income from Group events|2|43,367|13,621| |Subscriptions|3|10,222|419| |Gift Aid||1,696|1,684| |Net Rafe Income|4|578|0| |Sundry Income|5|1015|453| |||56,878|| |**PAYMENTS**|||| |Expenditure on Group events|2|40,182|14,425| |Equipment|7|1,349|73| |Speakers||997|1,061| |Hall Hire||3,760|1,005| |Afliation Fees|6|1,851|2,792| |Print, Post and Stationery||1,536|974| |Third Age Matters||888|788| |Branch Events||984|2,102| |Refreshments||565|427| |Bank Charges Less Refunds||17|72| |Sundry Expenses||414|634| |||52,543|| |**SURPLUS/ DEFICIT**|8|4,335|| |**CASH AT BANK AND IN HAND**|1st April 2022
19,334||| ||8|4,335|| ||23,669
31stMarch 2023||| ## **STATEMENT OF ASSETS - 31ST MARCH 2023** ## **MONETARY ASSETS** Cash at Bank and In Hand 9 23,669 Equipment 7 1,422 25,091 Signed: William A Brock, Chairman Date: Signed: Geoff Ansell CPFA, Treasurer Date: I have examined the books, accounts and other records produced to me and, without conducting an audit I am able to confirm that this Receipts and Payments Account for the year to 31st March 2023, together with notes thereon are correctly presented in accordance therewith. 40 Caxton Road Hoddesdon Hertfordshire EN11 9PG Signed: Diane Bo Independent Exa Date: 2021-22 £ ted 16,177 24,353 -8,176 27,510 -8,176 19,334 19,334 73 19,407 r t, olland, miner ## **BROXBOURNE UNIVERSITY OF THE THIRD AGE** Registered Charity, Number 1090504 ## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDING 31ST MARCH 2023** |||2022-23|| |---|---|---|---| |||£
£|£| |||Unrestricted|Unrestrict| |||Total|Total| |**RECEIPTS**|Notes||| |Income from Group events|2|43,367|13,621| |Subscriptions|3|10,222|419| |Gift Aid||1,696|1,684| |Net Rafe Income|4|578|0| |Sundry Income|5|1015|453| |||56,878|| |**PAYMENTS**|||| |Expenditure on Group events|2|40,182|14,425| |Equipment|7|1,349|73| |Speakers||997|1,061| |Hall Hire||3,760|1,005| |Afliation Fees|6|1,851|2,792| |Print, Post and Stationery||1,536|974| |Third Age Matters||888|788| |Branch Events||984|2,102| |Refreshments||565|427| |Bank Charges Less Refunds||17|72| |Sundry Expenses||414|634| |||52,543|| |**SURPLUS/ DEFICIT**|8|4,335|| |**CASH AT BANK AND IN HAND**|1st April 2022
19,334||| ||8|4,335|| ||23,669
31stMarch 2023||| ## **STATEMENT OF ASSETS - 31ST MARCH 2023** ## **MONETARY ASSETS** Cash at Bank and In Hand 9 23,669 Equipment 7 1,422 25,091 Signed: William A Brock, Chairman Date: Signed: Geoff Ansell CPFA, Treasurer Date: I have examined the books, accounts and other records produced to me and, without conducting an audit I am able to confirm that this Receipts and Payments Account for the year to 31st March 2023, together with notes thereon are correctly presented in accordance therewith. 40 Caxton Road Hoddesdon Hertfordshire EN11 9PG Signed: Diane Bo Independent Exa Date: 2021-22 £ ted 16,177 24,353 -8,176 27,510 -8,176 19,334 19,334 73 19,407 r t, olland, miner