2024-03-31-accounts - Broxbourne University Of The Third Age

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BROXBOURNE UNIVERSITY OF THE THIRD AGE

Registered Charity No. 1090504

The Trustees present their Report and Accounts for the year 1st April 2023 to 31st March 2024

TRUSTEES

Jenny Murtagh Chairman Stephen Green Vice Chairman Geoff Ansell Treasurer Judith Hutchings Secretary Liz Elve Membership Secretary Pam Watkins Minutes Secretary Margaret Beeston Programme Editor Joan Driscoll Group Co-ordinator Irene Tuckey Speaker/Hall Liaison Officer Chris Common Web Master Lorraine Anderson RUGS 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 in May 2008, May 2012, May 2018, May 2021 and again in May 2023.

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 2024

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 2023-24 totalled £9,574 and in 2022-23 were £10,222.
4 Raffle proceeds are used to supplement Branch income and, net of prizes, totalled £482.
5 Sundry income during the past year has come from book sales (£188), Programme advertising (£100), and balances from closed groups (£26)
6 Affiliation fees include £2,440 paid to the Third Age Trust on a capitation basis.
7 No new equipment was purchased during the year.
8 The surplus of £1,558 is attributable to a surplus of £65, for the U3A Branch and aa increase. of £1,493 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 2024 31[st] March 2023 Branch £11,177 £11,112 Groups Bank Account £10,265 £9,758 Groups Cash declared at home £ 3,785 £2,799 TOTAL £25,227 £23,669

BROXBOURNE UNIVERSITY OF THE THIRD AGE ReB15twed Charrty, Ilurnber 1090 IIECEIPTS Af40 PAYMEMTS ACCOIIIIT FOR THE YEAR ENDING 31ST MARCH 2024 2023.24 2022.23 Vnre5trided Total Uniestricted Totsl PECEivrs Ineomelrom Grotspelwts Subscriptlons GitL Aid Net Rollle Incoffte Sundry Income 44.347 9.574 1,367 43,367 10.222 578 1015 314 56,878 PAYMEPIts Expeiiditure on Grimw e41ts Equlpment Speakers 42% 40.182 1.349 997 3.760 1.8si 1,536 I,iii AlliliètioD Fees Prlnt. Post and ststiory Thlrd Age Matters Branch Events Refreshments Bank Char8e5 Less Refund$ Sundry Eypenses 2.475 1569 776 L316 565 17 414 410 52,543 5UAPiUS DER(Tr L558 4.33S Ar ZO?J 19,334 4,335 23.669 31. Marth 1024 mONAR¥ ASSErs Cash at Bank and In Hand Equipment 25,217 1.422 26.649 23,669 1.422 25.091 fqwfl 4thv41 CPSA. Ttp3sur£r Date. 81 ?-/2k I have examlned the book4 accounts and other reciJrd5 pvfyjucedtoffte and, wthout conduttiw an audlt. 1am able to £onftrm that thls Receipts aml P3¥ments Account furttyear to 31stMarch 2024. tO8ether with notes thereon are cofredly wesented in •¢<onlare eith. 40 Caxton Road Hoddesdo Herttordshire ENII 9PG St8Thed-. DTJne Bolland, Indepe*deTri Eiaminer Date".