2023-03-31-accounts - University Of The Third Age Leeds

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Trustees’ Annual Report for the period

From 01/04/2022 Period start date To 31/03/2023 Period end date

Charity name: University of The Third Age Leeds

Charity registration number: 518366

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The charity’s object is 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 Leeds and the surroundingareas.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The charity is a mutual self-help organisation which holds fortnightly general meetings, open to all members, with invited speakers or occasional quiz and similar activities. Speaker topics are selected to inform and to entertain: these may be local history or local matters of interest, or life experience stories, but also new developments e.g. university PhD students explaining their research subjects The charity has over 45 Activity Groups for specific interests, variously covering arts and literature, music, languages, sports and fitness, et al. Alongside its educational aims U3A Leeds aims to promote the concepts of social interaction, social inclusion and wellbeing.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity	Para 1.18	The trustees are all aware of the Charity Commission’s public benefit

Commission on public benefit

guidance and have reviewed the draft of this report in light of that guidance

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	The charity’s Finance policy states that small grants may be made to assist the startup of new Activity Groups within the charity, or to support a specific and unusual event within an Activity Group or the charity as a whole. The charity does not make grants to or for any outside purpose or organisation.
Policy on social investment including program related investment	Para 1.38	Not applicable
Contribution made by volunteers	Para 1.38	All trustees, all leaders of Activity groups, and all other helpers within the charity are volunteers and members of the charity.
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The charity’s ongoing success is demonstrated by its rising membership numbers, its increasing turnout at general meetings, its increasing number of activity groups, and the positive comments made to committee members by attendees at events. As a mutual self-help organisation it provides life-long learning, recreational and social activities to people no longer in full-time work, usually retired. It enables people to get out of their homes and meet new people,make friends,and stretch

their brains: thus combating loneliness and social isolation. The charity is careful to ensure that all public venues used have disabled access.

Additional information (optional)

Additional information (optional)	Additional information (optional)
You may choose to include further statements		where relevant about:
Achievements against objectives set	Para 1.41	As stated, our membership is growing, as are our activities.
Performance of fundraising activities against objectives set	Para 1.41	Not applicable
Investment performance against objectives	Para 1.41	Not applicable
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	We made a modest surplus during the year due to increased activity
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	A separate fund is maintained as the charity received a legacy from a deceased member, specifying the money should be used for the benefit of all members. The committee therefore specifies when it is using some of this fund, and thepurpose of the spend.
Amount of reserves held	Para 1.22	Our Finance Policy is “to keep a level of reserves that will cover 6 months of regular operatingactivity”
Reasons for holding zero reserves	Para 1.22	Not applicable
Details of fund materially in deficit	Para 1.24	Not applicable
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Not applicable

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Membership fees
Investment policy and objectives including any social investment policy adopted	Para 1.46	Our legacy and any surplus funds are invested with CCLA. This was selected as recommended by the Charity Commission at the time, and agreed for continuation in 2021. This is currentlybeingreviewed.
A description of the principal risks facing the charity	Para 1.46	The main risk facing the charity is a lack of volunteer willing to take on Trustee roles.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution: latest version adopted 20/09/2022
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated association
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are appointed or re- appointed annually at AGM; there is also provision for co-opted Trustees to be added by the committee between AGMs.

Additional information (optional) You may choose to include further statements where relevant about:


Policies and procedures adopted for the induction and training of trustees	Para 1.51	The charity supplies new Trustees with - Trustee Induction document - Trustee Code Of Conduct document - Constitution - Directs them to the websites of the Charity Commission and the Third Age Trust (our parent organisation) - Other policy documents as and when required - Provides access to, and instruction for, the membership database - Any or all verbal or email conversations required to help them familiarise themselves with the charityand their role
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	The charity is part of the Third Age Trust network and abides by its rules and regulations The charity is part of the Third Age Trust’s ‘Yorkshire and The Humber’ regional network The charity is part of a less formal local network of u3as,CYGnet
Relationship with any related parties	Para 1.51	As above

Other

Reference and Administrative details

Charity name	UniversityOf The Third Age Leeds
Other name the charity uses	U3a Leeds,or Leeds u3a
Registered charity number	518366
Charity’s principal address	Moor Allerton Sports and Social Club Stonegate Road Leeds LS17 6EL

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
David Ball	Chair
Susannah Buchan	Secretary
Maureen Lewin	Treasurer
Linda Greenland		From 06/03/23
Janet Powell	Speaker Finder
Jo Turner	Groups Co- ordinator
Steve McGrail	Membership Secretary
Linda Filewood	Assistant Membership Secretary
Max Dudley
Gary Thurston	Publicity Co- ordinator Website and Social Media Co- ordinator
Jenny Bannister
Sue Oliver
Rob Urwin		To 30/01/2023
Brenda Urwin		To 30/01/2023

15 16	Angela Hutchinson Marion Fitzgerald		To 20/09/2022
			From 14/06/2022 to 20/09/2022

– Corporate trustees names of the directors at the date the report was approved

Director name Not applicable

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
Not applicable

Funds held as custodian trustees on behalf of others

Description of the assets Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date	E. K. Frood	J. Powell
	Elizabeth Karen Frood	Janet Christine Powell
	Secretary	Joint Chair
	November 29th2023
	November 29th2023

The University of the Third Age Leeds Registered Charity No: 518366

Accounts for the Year Ending 31[st] March 2023

Independent Examiner’ Report to the Trustees of The University of the Third Age Leeds (Registered charity no 518366)

Accounts for the year ended 31 March 2023

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Stephen McGrail 50 Buckstone Oval, Leeds LS17 5HG

Date: 23[rd] October 2023

University of the Third Age Leeds
Balance Sheet as at 31 March 2023
	2023	2023	2022	2022
	£	£	£	£
Fixed Assets
Cost
Balance at 1 April 2022	4,376		4,376
AddiYons	-		-
Disposals	-		-
Balance at 31 March 2023		4,376		4,376
DepreciaNon
Balance at 1 April 2022	4,376		4,189
Charge for the year		-		187
Balance at 31 March 2023		4,376		4,376
Net Book Value		-		-
Current Assets
COIF Deposit Fund	22,857		22,857
Cash at Bank	9,657		9,777
Cash held by Groups	2,101		2,377
		34,615		35,011
Less Current LiabiliNes
Third Age Trust	79		-
Room hire MASSC	230		220
SubscripYons in advance	1,238		3,430
		1,547		3,650
Net Current Assets		33,068		31,361
Total Assets		33,068		31,361
Represented by
Reserves
Balance at 1 April 2022	8,504		6,232
Transfer from E Smith Fund	-		5,000
Surplus (-Defcit) for year	1,707		-2,728
Balance at 31 March 2023		10,211		8,504
Ernest Smith Legacy Fund
Balance at 1 April 2022	22,857		27,857
Transfer to Reserves	-		-5,000
Balance at 31 March 2023		22,857		22,857
		33,068		31,361

Signed: L. Greenland Treasurer 2[nd] September 2023

University of the Third Age Leeds Statement of Financial Ac9vi9es for the year ended 31[st] March 2023

Income SubscripYons A`endance<br>Interest received<br>Christmas Lunch<br>Group Income<br>Miscellaneous<br>Expenditure<br>Room hire (general meeYngs)<br>Speakers fees<br>Refreshments<br>U3a Magazine<br>U3a Diaries<br>Christmas lunch<br>AfliaYon Third Age Trust<br>EducaYonal Trip<br>Summer MeeYng Catering<br>Postage, prinYng & StaYonery<br>Telephone, web hosYng & IT<br>Beacon system<br>Admin & Commi`ee Miscellaneous Group Expenditure Bank Charges Publicity DepreciaYon of Fixed assets Surplus / -Defcit	2023 2022 £ £ 6,787 5,502 1,850 176 402 10 1,120 828 19,141 9,445 10 236
	29,310 16,197 985 580 1,080 385 258 154 1,190 669 - 609 1,170 1,135 2,303 2,295 278 - - 1,073 742 1,145 536 254 563 550 163 146 258 45 17,941 9,423 136 - - 275 - 187
	27,603 18,925
	1,707 -2,728