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|---|---|---|
|Trustees'
report||1-5|
|Statement of trustees'|responsibilities||
|Independent
auditor's|report|7-9|
|Statement offinancial|activities|10|
|Statement offinancial|position||
|Statement ofcash flows||12|
|Notes to the financial|statements|13-24|
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||||||Unrestricted|Restricted|Total Unrestricted|Total Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||funds|funds||funds|funds||
||||Notes||2022
8|2022||2021f|2021|2021f|
|n erne and|n|wments||fro|||||||
|Donations
and|legacies|||||||6,929||6,929|
|Chaditable
activities|||||1,098,565||1,098,565|1,102,959||1,102,959|
|Investments|||||1,193||1,193|1,022||1,022|
|Other income||||||||15,314||15,314|
|Total income|||||1,099,758||1,099,758|1,126,224||1,126,224|
|E~Cht||||6|||||||
|Charitable
activities||||8|1,155,149||1,155,149|1,116,403|3,976|1,120,379|
|Net (expenditure)/income||||for|||||||
|the year/|||||||||||
|Net movement||in funds|||(55,391)||(55,391)|9,821|(3,976)|5,845|
|Fund balances||at 1 July|2021||342,154|18,705|360,859|332,333|22,681|355,014|
|Fund balances||at 30June|||||||||
|2022|||||286,763|18,705|305,468|342,154|18,705|360,859|
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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|||||||||||
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|||||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|
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|||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|
|Total|Unrestricted|
|---|---|
||funds|
|2022
5|2021f|
||15,314|
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||||||||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|
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|||2022|2021|
|---|---|---|---|
|||Number|Number|
|Teaching||13|14|
|Administration||17|13|
|Total||30|27|
|Employment|costs|2022|2021|
||||8|
|Wages and saladies||517,944|474,338|
|Social security|costs|34,349|33,746|
|Other pension|costs|9,799|8,890|
|||562,092|516,974|
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|12|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|
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|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|
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|||||||||Movement||
|---|---|---|---|---|---|---|---|---|---|
|||||||||in funds||
||||||Balance at|Resources|Balance at|Incoming|Balance at|
||||||1 July 2020
f|expended
f|1 July 2021
f|resources
f|30June 2022
f|
||Supporting|students|||18,705||18,705||18,705|
||Research||||3,976|(3,976)||||
||||||22,681|(3,976)|18,705||18,705|
|18|Analysis ofnet assets||between|funds||||||
||||Unrestricted||Restricted|Total|Unrestricted|Restricted|Total|
|||||funds|funds||funds|funds||
|||||2022
f|2022
f.|2022
f|2021
f|2021f|2021
f|
||Fund balances at 30|||||||||
||June 2022|are||||||||
||represented|by:||||||||
||Intangible
fixed assets||||||1,954||1,954|
||Tangible assets|||15,118||15,118|17,739||17,739|
||Current assets/(liabilities)||271,645||18,705|290,350|322,461|18,705|341,166|
||||286,763||18,705|305,468|342,154|18,705|360,859|
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||2022
f.|2021f|
|---|---|---|
|Within one year|50,000|45,000|
|Between two and five years|215,000|210,000|
|In over five years|165,000|220,000|
||430,000|475,000|
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|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.|||||||
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|||Called up|Total||
|---|---|---|---|---|
|||share capital
f|Funds
f|Total
f|
|AT 1 JULY2019|||263,697|263,697|
|Surplus
for the year|||91,317|91,317|
|TOTAL COMPREHENSIVE|INCOIIIIE FOR THE YEAR||355,014|244,014|
|Dividends
paid and payable|||||
|TOTAL INVESTMENTS BY|AND DISTRIBUTIONS TO OWNERS||||
|AT 30JUNE 2020|||355,014|355,014|
|Surplus for the year|||5,845|5,845|
|TOTAL COMPREHENSIVE|INCOME FOR THE YEAR||360,859|360,859|
|Dividends
paid and payable|||||
|TOTAL INVESTMENTS BY|AND DISTRIBUTIONS TO OWNERS||||
|AT 30JUNE 2021|||360,859|360,859|
|(Loss) for the year|||(55,391)|(55,391)|
|TOTAL COMPREHENSIVE|INCOME FOR THE YEAR||305,468|305,468|
|Dividends
paid and payable|||||
|TOTAL INVESTMENTS BY|AND DISTRIBUTIONS TO OWNERS||||
|AT 30JUNE 2022|||305,468|305,468|