2022-12-31-accounts

University ofthe Third Age in Cambridge	(CIO]
Contents
Reference and Administrative Details		1 to 2
Strategic Report		3to 5
Trustees' Report		6 to 7
Statement ofTrustees' Responsibilities
Independent Examiners Report
Statement of Financial Activities		10
Balance Sheet
Notes to the Financial Statements		12to 18

Councg Members (Trusteesl		Term of Oflice
Tlm Ewbank, Chair		Until March 2024
Margaret Kerry, Treasurer		UntllJune 2022
Kevin Holmes, Treasurer		Until March 2025
Penny Carter, Secretary		Until March 2025
Maggie Balshaw, Director of	Studies (Coursesi	Until March 2023
Alastair Breward, Director of	Studies (Lac(urea)	Unul March 2023
Ralph Ecdestone, Medrefing	Officer	Until March 2025
John Abbott		Until March 2024
Sheila Bennett		Until March 2024
Vanessa Connolly		Untg March 2025
Michael Gibbs		Until March 2024
Sally Livesey		Until March 2025
John Procter		Unul March 2025
Geoffrey Tamulonis		Until March 2024
Coun Whitwonh		Until November 2022

Bankers		The Co-Operative			Bank	PLC
		PO Box101
		1 Balloon Street
		Manchester
		M60 4EP
		Cambridge and		Counties		Bank Limited
		Chamwood Court
		5BNew Walk
		Leicester
		LE1 6TE
		Lloyds Bank pic
		25 Gresham	Street
		London
		EC2V THN
		The Cambridge		Building		Society
		4St Andrew's	Street
		Cambridge
		CB2 3AX
Solicitors		HCR Hewltsons
		50-60 Station	Road
		Cambridge
		CB1 2JH
Investment	Managers	COLA
		Senator House
		85 Oueen Victoria			Street
		London
		EC4V 4ET

		Notes	Unrestricted	funds	Total	Total
			General f.	Designated	2022 6	2021f
Income and Endowments	from:
Donations and legacies		2	96,007		96,007	82,337
Charitable trading income		3	253,486	7,037	260,523	210,698
Investment income		4	16,275		16,275	16,610
Total income			365,768	7,037	372,805	309,645
Expenditure on:
Costs ofgenerating funds
Teaching costs		5	(195,337)	(3,926)	(199,263)	(144,846)
Charitable acllvlliss Charitable activities		6	~96		(177,296	181,162
Total expenditure			~&2,%&			326,008
Gains/(losses) on listed investment		assets
sale						4,595
Gains/(losses) on bated investment revaluations		assets	(65,171}		~65,171)	66,136
Net movement in funds			(72,036)	3,111	~68,925
Reconciliation offunds
Total funds brought forward			757,977	3,603	761,580	707,212
Total funds carried forward			685,941	6,714	692,655	761,580

as at 31 Decem	ber	2022
			Notes		2022		2021
					6		6
Fixed assets
Tangible assets			11		129,609		171,746
Listed investments			12		495,287		560,458
					624,896		732,204
Current assets
Other current assets			13	41,702		40,665
Cash at bank and	in hand		14	252,593		206,146
				294,295		246,811
Creditors: amounts		falling due
within one year			15	(226,536)		(217,435)
Net current assets					67,759		29,376
Total assets less	current				692,655		761,580
Net assets					692,655		761,580
Funds ofthe charity:
Unrestricted funds
General			16		685,941		757,977
Designated					6,714		3,603
Total funds					692,655		761,580

3	Charitable trading	Income		Unrestricted	Unrestricted		Total	Total
				General	Designated		2022	2021
				E		E.	E	E.
	Su bscrl pt lone Enrolment fees			228,084 1,495			228,084 1,495	198,017 1,157
	Class/teaching fees			13,454			13,454	7,648
	Chargesispedalist	tuition		1,182			1,182	988
	Special events			4,573			4,573	1,518
	Bird Club income					3,246	3,246	116
	Cultural and Sodal	Committee	income			2,895	2,695
	Botany Group income					1,098	1,096
	Misceflanecus			4,698			4,698	1,276
				253.486		7,037	260,523	210,698
	The total Income from charitable			activNes was 5260,523(2021 - E210,898),		of which	6253,486 (2021 - E210,582) was
	unrestnctsd general	and E7,037		(2021 - 6116)was designated.
4	Investment income			Unrestricted			Total	Total
				General	Designated		2022	2021
				6		E	6	E
	Income from investments;
	Dividends and interest			14,789			14,789	15,922
	Interest receivable	and similar	Income;
	Gross bank interest			1,486			1,488
				16275			~16275	18,810

6	Expenditure on	raising	funds		Unrestricted	Unrestricted	Total	Total
					General	Designated	2022	2021
					6	E	E	E
	Teaching provisions
	Accommodation	- Bridge	Street		137,429		137,429	104,465
	Accommodation	-other costs			43,500		43,500	28,344
	Teaching costs				7,494		7,494	8,888
	Bird Club expenditure					657	657	387
	Cultural and Social Committee			expenditure		2,691	2,891
	Botany Group expenditure					578	578
	Spedal events Misce8aneous				4,284 2630		4,284 2630	1,501 1,261
					195337	3926	199,263	144846

6	Expenditure	on charitable	on charitable	on charitable	activities		Unrestricted	Unrestricted	Total	Total
							General	Designated	2022	2021
							E	E		E
	Governance	and support		costs		7	177,296		177,296	181,162
							177298		177296	18i 162
7	Analysis of	governance		and support costs			Unrestricted		Total	Total
							General	Designated	2022	2021
							E	E	E	E
	OfBce salaries					8	68,540		66,540	76,363
	Printing, postage end stationery Telephone and IT						25,014 23,537		25,014 23,537	21,947 24,298
	Depredation Legal and professional		fees				45,469 5,386		45,469 5,386	45,280 5,834
	Accountancy						1,110		1,110	1,266
	Cleaning Bank charges						6,744 3,496		6,744 3,496	3,004 3,390
							177296		177296	181 182

the year e Staff costs	nded 31	December 202	2
The average	number	of staff employed	during	the year was:	Total	Total
					2022	2021
Full time
Part Bme
					4	4
Staff costs Induded		in the financral statements		are broken dovm as:	Total	Total
					2022	2021
					F.	E
Wages and	salaries				61,239	70,989
Social secunty costs					1,035	430
Employef s	pension	contributions			4,266 66,540	4,944 ~76363

11	Tangible fixed assets
				Alterations
		Furniture &	Admln	27/28
		Equipment	System	Bridge St.	Total
		E	E	E	E
	Cost
	At 1 January 2022	5,860	9,232	205,701	220,793
	Addrtions at cost	3,332			3.332
	At 31 December 2022	9,192	9,232	205,701	224,125
	Depreciation
	At 1 January 2022	3,280	4,627	41,140	49,047
	Charge for the year	2,021	2,308	41,140	45,469
	At 31 December 2022	5,301	8,935	82,280	94,516
	Net book value
	At 1 January 2022	2,580	4,805	164,561	171,746
	At 31 December 2022	3,891	2,297	123,421	129,609
12	Listed investments			2022	2021
				E	E
	Usted other shares			495,287	560,458

13	Other current assets		2022	2021
			2	6
	Prepaymenls		41,702	40,665
14	Cash at bank and ln hand		2022f	2021 6
	Main fund:
	Co-operatnie Bank -	main	35,234	41,541
	Comparative Bank -	number 2	1,419	2, 0DD
	Cambridge and Counties Bank - savings		1,274	31,133
	Cambridge Building Sodety		85,392	84,815
	CCIA - COIF charl0es deposit fund		120,661	40,135
	Designated fund:
	Bird Club - treasurers	accounts	3,085	497
	Cultural end Social Ccmmiltee - main		3.111	3,107
	Cash and stamps in hand		2,417	2,918
			252 593	206,146
15	Creditors: amounts felgng	due within one year	2022	2021
			5	6
	Other crstlltom		10,221	4,974
	Accnmls		3,906	4,375
	Subscriptlons in advance		135,188	131,521
	Gift aid in advance		20,977	20,88D
	Pre-paid course fees		8,884	8,325
	Provision for dilapidation
	Provision b/fwd		47,360	47,360
			226,536	217,435

Funds
		Balance at			Gains/	Balance at
		01/01/2022	Income	Expenditure	(Losses)	31/12/2022
		E	E	E	E	E
Unrestncted	general	757,977	365,768	(372,633)	(65,171)	685,941
Designated:
Bird Club		496	3,246	(657)		3,085
Cultural Bolaiiy	and Social Committee Group	3,107	2,695 1,096	(2,691) ~578		3,111 518
		3,603	7,037	(3,926)		6,714
Total funds
		Balance et			Gains/	Balance at
		01/01/2021	Income	Expenditure	(Losses)	31/12/2021
		E	E	E	6	E
Unrestdcted	general	703,338	309,529	(325,821)	70,731	757,977
Designated.
Bird Club		767	116	(387)		496
Cultural	and Sodal Committee	3,107				3,107
		3,874	116	(387)		3,603
Total funds					70.731	~761580