2022-06-30-accounts - Northern College Of Acupuncture

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												2022	2022					2021
							Notes					6
Fixed assets
Intangible assets							12													1,954
Tangible assets							13							15,118						17,739
														15,118						19,693
Current assets
Stocks							14				3,600							6,127
Debtors							15			45,315								87,366
Cash at bank	and	in	hand							464,995							482,166
										513,910							575,659
Creditors: amounts			falling			due within
one year							16			(223,560)							(234,493)
Net current assets													290,350							341,166
Total assets	less	current				liabilities							305,468							360,859
Income funds
Restricted funds							17								18,705					18,705
Unrestricted	funds												286,763							342,154
													305,468							360,859
The company 2006, for the	is entitled to the exemption year ended 30June 2022,						from the although		audit requirement an audit has been				contained in section 477 ofthe Companies Act carried out under section 144 ofthe Charities
Act 2011.
The directors	acknowledge					their responsibilities			for complying		with		the requirements				of the Companies		Act 2006
with respect	to accounting					records and the preparation				offinancial		statements.
These financial statements						have been prepared		in accordance			with the provisions					applicable		to companies		subject
to the small companies				regime.
The financial	statements				were approved		by the Trustees on 20				October 2022
D Ja							R Blackweg
Trustee							Accountable			Officer

				2022		2021
			Notes	f		8
Cash flows from operating		activities
Cash (absorbed by)/generated operations		from	21		(15,376)		86,451
Investing	activities
Purchase	oftangible fixed assets			(2,988)		(5,610)
Investment	income received			1,193		1,022
Net cash	used in investing	activities			(1,795)		(4,588)
Net cash	used in financing	activities
Net (decrease)/increase in		cash and cash
equivalents					(17,171)		81,863
Cash and	cash equivalents at beginning		ofyear		482,166		400,303
Cash and	cash equivalents	at end of	year		464,995		482,166

		Unrestricted	Unrestricted
		funds	funds
		2022	2021
		5	f
	Rental income	693	584
	interest receivable	500	438
		1,193	1,022
5	Details ofgrant and fee income
		2022f	2021f
	The source ofgrants and fee income is as follows:
	Fee income for taught awards	1,024,024	1,061,844
	Total grant and fee income	1,024,024	1,061,844

							College and	College and
							clinic	clinic
							2022	2021
							8	f
Staff costs							562,092	516,974
Depreciation and impairment							7,563	7,767
Equipment and disposables								3
Needles	and moxa						5,616	9,286
Laundry	and sharpz						2,147	732
Herbs							12,497	7,362
Lecturers	fees						211,877	197,965
Lecturers	other						11,841	12,328
University	registration	fees					84,375	95,775
Teaching	aids						4,744	1,698
Accreditation and validation							45,632	50,740
Library and e-learning							13,187	13,597
Books resale							693
Research							1,780	5,364
Other charitable expenditure							187,584	197,368
							1,151,628	1,116,959
Share of	governance	costs	(see note 9)				3,521	3,420
							1,155,149	1,120,379
Analysis	by fund
Unrestricted funds							1,155,149	1,116,403
Restdcted funds								3,976
Support	costs
			Support	Governance	2022Support costs		Governance	2021
			costs	costs			costs
			f	6	6	f	f	f
Audit fees				3,521	3,521		3,420	3,420
				3,521	3,521		3,420	3,420
Analysed	between
Charitable activities				3,521	3,521		3,420	3,420

Intangible	fixed assets
		Database
		f.
Cost
At 1 July 2021 and 30June 2022		7,819
Amortisation and impairment
At 1 July 2021		5,865
Amortisation	charged for the year	1,954
At 30June	2022	7,819
Carrying amount
At 30June	2022
At 30June	2021	1,954

13	Tangible fixed assets
			Fixtures	snd fittings
				8
	Cost
	At1 July2021			123,767
	Additions			2,988
	At 30June 2022			126,755
	Depreciation and impairment
	At 1 July 2021			106,028
	Depreciation charged	in the year		5,609
	At 30June 2022			111,637
	Carrying amount
	At 30June 2022			15,118
	At 30June 2021			17,739
14	Stocks
			2022	2021
			f	f
	Raw materials and consumables		3,600	6,127
15	Debtors
	Amounts falling due	within one year:	2022 8	2021f
	Trade debtors		24,607	44,776
	Other debtors		1,831	25,006
	Prepayments and accrued income		18,877	17,584
			45,315	87,366
16	Creditors: amounts	falling due within one year
			2022f	2021 8
	Other taxation and social security		9,160	9,548
	Trade creditors		21,346	44,757
	Other creditors		540	2,536
	Accruals and deferred	income	192,514	177,652
			223,560	234,493

21	Cash generated from	operations	operations					2022	2021
									8
	(Deficit)/surpus for the	year						(55,391)	5,845
	Adjustments for:
	Investment income recognised		in	statement		offinancial	activities	(1,193)	(1,022)
	Depreciation and impairment oftangible				fixed assets			7,563	7,767
	Movements in working	capital:
	Decrease in stocks							2,527
	Decrease in debtors							42,051	39,840
	(Decrease)/increase in	creditors						(10,933)	34,021
	Cash (absorbed by)/generated			from operations				(15,376)	86,451
22	Analysis ofchanges	in net funds
	The charity had no debt during		the year.