|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|||||
##
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##
|||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|