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|Trustees|||K Wicklow||||
|---|---|---|---|---|---|---|
||||J R Galloway||(Appointed|16July 2020)|
||||B C Liu||||
||||H Thomas||||
||||N Haines||||
||||D Jay||||
||||G Webb||||
|Secretary|||D Jay||||
|Charity|number||1081184||||
|Company||number|02400056||||
|Registered||office|61 Micklegate||||
||||York||||
||||YO1 6LJ||||
|Auditor|||Henton 8|Co LLP|||
||||Norlhgate||||
||||118North|Street|||
||||Leeds||||
||||West Yorkshtre||||
||||LS2 7PN||||
|Bankers|||Santander|pic|||
||||Bridle Road||||
||||Bootfe||||
||||L304GB||||
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||||Page|
|---|---|---|---|
|Trustees'|report||1-5|
|Statement|oftrustees'|responsibilities||
|Independent
auditor's||report|7-9|
|Statement|offinancial|activities|10|
|Statement|of financial|position||
|Statement|ofcash flows||12|
|Slates to the financial||statements|13-28|
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|||||Unrestricted|Restricted|Total|Uinrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||Nates||2021
8|2021
6|2021|2020
8|2020
6|2020f|
|n|n|n|from.|||||||
|Donations
and|legacies||3|6,929||6,929|15812||15,812|
|Charitable
activities|||4|1,102,959||1,102,959|1,159,885||1,159,585|
|Investments|||5|1,022||1,022|7,417||7,417|
|Other income|||7|15,314||15,314||||
|Total income||||1,126,224||1,126,224|1,183,114||1,183,114|
|fttgttndit~ure|n:||6|||||||
|Charitable
activities|||8|1,116,403|3,976|1,120,379|1,091,797||1,091,797|
|Net income/(expenditure)||||||||||
|for the year/||||||||||
|Net movement|in|funds||9,821|(3,976)|5,845|91,317||91,317|
|Fund balances|at|1 July||||||||
|2020||||332,333|22,681|355,014|241,016|22,681|263,697|
|Fund balances|at 30|||||||||
|June 2021||||342,154|18,705|360,859|332,333|22,681|355,014|
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|||||||2021||2020||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|||6||
|Fixed assets||||||||||
|Intangible|assets||||12||1,954||3,909|
|Tangible assets|||||13||(7,739||17,941|
||||||||19,693||21,850|
|Current assets||||||||||
|Stocks|||||14|6,127||6,127||
|Debtors|||||15|87,366||127,206||
|Cash at bank and||in|hand|||482,166||400,303||
|||||||575,659||533,636||
|Creditors:|amounts||falling due within|||||||
|one year||||||(234,493)||(200,472)||
|Net current|assets||||||341,166||333,164|
|Total assets less||current||liabilities|||360,859||355,014|
|Income funds||||||||||
|Restrirted|funds||||17||18,705||22,681|
|Unrestricted|funds||||||342,154||332.333|
||||||||360,859||355,014|
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|6||||
|Cash flows from operating||activities||||||
|Cash generated
from operations|||21||86,451||65,225|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||(5,610)||(1,940)||
|Investment|income received|||1,022||7,417||
|Net rash|(used in)/generated
from|||||||
|investing|activities||||(4,588)||5,477|
|Net cash|used in financing|activities||||||
|Net increase
in cash and cash equivalents|||||81,863||70702|
|Cash and|cash equivalents|at beginning|of year||400,303||329,601|
|Cash and|cash equivalents|at end of|year||482,166||400,303|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2021|2020|
|||||5|
|Government|Covid-19|grants|6,929|15,812|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2021|2020|
||||6||
||Rental income||584|6,524|
||Interest receivable||438|893|
||||1,022|7,417|
|6|Details ofgrant and|fee income|||
||||2021|2020|
||||6||
||The source ofgrants|and fee income isas follows.|||
||Fee income for taught|awards|1,061,844|1,094,447|
||Total grant and fee income||1,061,844|'l,094,447|
|Unrestricted|Total|
|---|---|
|funds||
|2021|2020|
|15,314||
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|||College and|College and|
|---|---|---|---|
|||clinic|clinic|
|||2021
f|2020
6|
|Staff costs||5'i6,974|461,719|
|Depreciation
and impairment||7,767|7,624|
|Equipment
and disposables||3|4|
|Needles
and moxa||9,286|5,553|
|1 aundry
and sherpa||732|2,658|
|Herbs||7,362|31,297|
|Lecturers fees||197,965|167,832|
|Lecturers other||12,328|30,486|
|University
registration|fees|95,775|105.530|
|Teaching aids||1,698|4,706|
|Accreditation
end validation||50,740|41,801|
|Library and e-learning||13,597|23,925|
|Books resale|||519|
|Miscellaneous
Research||5,364|(8)|
|Other charitable
expenditure||197368|204 751|
|||1,116,959|1,088,397|
|Share ofgovernance|costs (see note 9)|3,420|3,400|
|||1,120,379|1,091,797|
|Analysis
by fund||||
|Unrestricted
funds||1,116,403|1,091,797|
|Restricted
funds||3,976||
|||1,120,379|1,091,797|
##
|9|Support costs|Support costs|||||||
|---|---|---|---|---|---|---|---|---|
||||Support|Governance|2021|Support|Governance|2020|
||||costs|costs||costs|costs||
||||f|E|E|2|g|F|
||Audit fees|||3,420|3 420||3,400|3,400|
|||||3,420|3,420||3,400|3,400|
||Anslysed|between|||||||
||Charitable|activities||3,420|3,420||3,400|3,400|
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|Number ofemployees|Number ofemployees|Number ofemployees||||||
|---|---|---|---|---|---|---|---|
|The average|monthfy|number|ofemployees|during|the year was|||
|||||||2021|2020|
|||||||Number|Number|
|Teaching||||||14|20|
|Adm!nistration||||||13|6|
|||||||27|26|
|Employment|costs|||||2021|2020|
|||||||8|6|
|Wages and salaries||||||474,338|424,638|
|Social security|costs|||||33,746|29,912|
|Other pension|costs|||||8,890|7,169|
|||||||516,974|461,719|
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|12|Intangible
fixed assets|Intangible
fixed assets|||
|---|---|---|---|---|
|||||Database|
||Cost||||
||At 1 July 2020 and 30|June 2021||7,819|
||Amortisation
and impairment||||
||At
1 July 2020|||3,910|
||Amortisation
charged|for the year||1,955|
||At 30June 2021|||5,865|
||Carrying
amount||||
||At 30 June 2021|||1,954|
||At 30 June 2020|||3,909|
|13|Tangible tixed assets||||
||||Fixtures|and fittingsf|
||Cost||||
||At 1 July 2020|||118,157|
||Additions|||5,610|
||At 30June 2021|||123,767|
||Depreciation
and impairment||||
||At
1 July 2020|||100,216|
||Depreciation
charged|in the year||5,812|
||At 30June 2021|||106,028|
||Carrying
amount||||
||At 30June 2021|||17,739|
||At 30 June 2020|||17,941|
|14|Stocks||||
||||2021|2020|
||||f|f|
||Raw materials
and consumables||6,127|6,127|
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|15|Debtors|||||
|---|---|---|---|---|---|
|||||2021|2020|
||Amounts
falling due||within one year.|f|f|
||Trade debtors|||44,776|107,802|
||Other debtors|||25,006|721|
||Prepayments|and accrued income||17,584|18,683|
|||||87,366|127,206|
|18|Creditors: amounts||falling due within one year|||
|||||2021|2020|
||Other taxation|and social security||9,548|7,932|
||Trade creditors|||44,757|31,878|
||Other creditors|||2,536|193|
||Accruals and deferred||income|177,652|160,469|
|||||234,493|200,472|
##
||||Movement||||
|---|---|---|---|---|---|---|
||||in funds||||
|||Balance at|Incoming|Balance at|Resources|Balance al|
|||1 July 201Sf|resources
E|1 July 2020
E|expended
E|30June 2021|
|Supporting|students|18,705||18,705||18,705|
|Research||3,976||3,976|(3,976)||
|||22,681||22,681|(3,976)|18,705|
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|18|Analysis ofnet assets|Analysis ofnet assets|between|funds||||||
|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|Total|Unrestricted|Restricted|Total|
|||||funds|funds||funds|funds||
|||||2021
f|2021
6|2021
f|2020
E|2020
E|2020
E|
||Fund balances at 30|||||||||
||June 2021|are||||||||
||represented|by:||||||||
||Intangible|fixed assets||1,954||1,954|3,909||3,909|
||Tangible assets||17,739|||17,739|17,941||17,941|
||Current assets/|||||||||
||(liabilities)||322,461||18,705|341,166|310,483|22,681|333,164|
||||342,154||18,705|360,859|332,333|22,681|355,014|
##
|
under
non-cancellable
operating
leases, which fall due|
as follows:|paymens|
|---|---|---|
||2021|2020|
||E|E|
|Within ane year|45,000|50,000|
|Between two and five years|210,000||
|In over five years|220,000||
||475,000|50,000|
##
|21|Cash generated
from|Cash generated
from|operations||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E|E|
||Surplus
for|the year|||||5,845|91,317|
||Ad/ustments|for|||||||
||Investment|income recognised
in statement|||of financial|activities|(1,022)|(7,417)|
||Depreciation|and impairment
oftangible||fixed assets|||7,767|7,624|
||Movements|in working|capital:||||||
||Decrease/(increase)
in||debtors||||39,840|(83,461)|
||Increase
in|creditors|||||34,021|57,162|
||Cash generated
from||operations||||66,451|65,225|
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||||Called up
chere capital|Total
Funds|Total|
|---|---|---|---|---|---|
||||8||8|
|AT 1 JULY 2010||||342 691|342,691|
|(Losel for Ihe year||||(78.994)|(70,994)|
|TOTAL COMPREHENSIVE||INCOME FOR THE YEAR||283.897|263,697|
|Dividends
paid and payable||||||
|TOTAL INVESTMENTS|BY|AND DISTRIBUTIONS TO OWNERS||||
|AT 30JUNE 2019||||263,697|263,697|
|Surplus
far the year||||91.317|91,317|
|TOTAL COMPREHENSIVE||INCOME FOR THE YEAR||355.014|355,014|
|Dividends
paid and payable||||||
|TOTAL INVESTMENTS|BY|AND DISTRIBUTIONS TO OWNERS||||
|AT 30JUNE 2020||||355,014|355,014|
|Surplus
for Ihe year||||5.845|5,845|
|TOTAL COMPREHENSIVE||INCOME FOR THE YEAR||350.859|360.859|
|Dividends
paid snd payable||||||
|TOTAL INVESTMENTS|BY|AND DISTRIBUTIONS TO OWNERS||||
|AT 30JUNE 2021||||360.859|360,859|