| PAGE | |||
|---|---|---|---|
| Administrative Information |
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| Annual Report ofthe Trustees | 2-15 | ||
| Independent Auditors' Iteport ta the Trustees |
for the year ended 30June | 2021 | 16-18 |
| Statement of Financial Activities (inoorporatirtS | Income and Expenditure | Account) | 19 |
| Balance Sheet | 20 | ||
| Ash Flaw Statement | 21 | ||
| Notes to the Financial Statements | 22- 29 |
| 4241702 | ||||||
|---|---|---|---|---|---|---|
| Sign Baker | ||||||
| Kelth Brown | ||||||
| Jason Coltman | ||||||
| RuthFlanagan | ||||||
| Jatln Fawler | ||||||
| Tim Goulding | lTreasureri | |||||
| ion Loose | ||||||
| Steve May-Miller lChalrl |
||||||
| Dorl McQueen | lresigned | m | oec2020l | |||
| Matthew Moore |
||||||
| Mary Reeves | ||||||
| lanice Tuck (resigned | m | Apr | 2atl) | |||
| David McLega | n | |||||
| Prindpal: David Hllbom |
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| Executive Director: Andy du feu | ||||||
| Vice-Pnnclpal | (Developmeeth | Calla gannett | ||||
| [resigned | m Oec 2020) | |||||
| Director afAcademilc | Quality: | tan Klrhy | ||||
| Vice-Principei | (Academic) | tlelee Marria | ||||
| Vice-Principal | (Strategyj: lan | Cafiey | ||||
| Director ofCommunications: | Karen Todd | |||||
| Director of FinanCe: | David | McLella n (fram San ZO2ti | ||||
| Director ofOperations: | Matt | Mellor (from Jan 2921l | ||||
| Jacob Cavenagh and |
Skeet | |||||
| 5 Rabin Haod | Lane | |||||
| Sutlxsn | ||||||
| Svrrey | ||||||
| SM12SW | ||||||
| Bank ofScotland pic | ||||||
| 3Town Quay | ||||||
| 5outhamphse | ||||||
| Ha mps hire | ||||||
| 5Ctle 2AQ |
| O | |||||||||||||||||
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| V & III |
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| OI lh V OI |
kl | 43 4l 34 N |
& I@ |
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W | 43 N |
& | ~4 | $F ILK |
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| 43 | N | N | |||||||||||||||
| .N IO 4 I |
IA | Ol4 II |
lO la |
IV D |
W O a |
R P IU N |
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4 LI |
OO IV |
| 2021 | 2I720 | |||
|---|---|---|---|---|
| 6 | ||||
| cIP594YJJej4CIIv IVIES | ||||
| Scetsbe Idefrdld after~acn | aad before rar | 3,9495 | 62,a65 | |
| Ad)raonent tosddbeck dsssacradon | 96,775 | 225@$88 | ||
| ACI)rctrrlent tO addbask IOSSIdeskrtt Suralur) Crc decretal Adjrabn ent to 6edccct interact |
352 [2,552) |
2,2$6 I~) |
||
| nerf changes irlwaking Cerrhd |
10;046 | 22ct297 | ||
| Inccane sas paid | ||||
| rfatrash kdkrsr (aatAow) frma | aaaratkcg acdrfdas | 124,2tet | 35@52 | |
| lff95STMENT ACIIVITIES | ||||
| Perdssse ofRsad asses | ( 127cscr9) | |||
| lraerest retelred | 2,552 | 9c595 | ||
| fsaccashkdtoarI~ horn |
ewe | atkins rsntrkies | ( 12cr,9ckt) | (65r292) |
| riced | ||||
| ftttAIIURG 4CFIVmES | ||||
| natceshirrNccrI~heca | Rneedn6ecsvlnac | |||
| Osarae net cecil krfksrrI~ | ( 73D) | 241SS9 | ||
| Ash at start afyear | 099555 | ff22 | ||
| chsh at end afyear | 2,6n2, 9n5 |
| ia | nonnttOIIE adio cettaeatb | nonnttOIIE adio cettaeatb | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| V nrettr ICtad | Reearietedi | 2021 | 202ll | |||||||||
| 8 | f | f | f | |||||||||
| Bennae donatiohs | 81938 | 82,938 | 12L933 | |||||||||
| Etonadonstur new proltnts |
555 | $55 | 2,060 | |||||||||
| 0onations Tnr st std ant bte amies | 27 | gab | 27336 | 10,484 | ||||||||
| 81 98 | 27 | 1 | 109,929 | 199,477 | ||||||||
| 2b | dnnierbttaFEEtncsnaE | |||||||||||
| 2021 | 202ll | |||||||||||
| f | f | |||||||||||
| Biwrt lrtcome enlrn the43lica | par ftedotts | 72+74 | SA9lO | |||||||||
| 0iseltlhcomehanh etItal | bodlee | 92,662 | 34,230 | |||||||||
| Feaintemeielteu19ut ttEetnerdi |
LI74$31 | l,408,890 | ||||||||||
| Feeincome lor reentrdt awards | ||||||||||||
| Feeihcohte rrorn ttoo-qmlltpln5cohrwh | 16,303 | 39.030 | ||||||||||
| Total aiantandFeelncome | 2413tr442 | 2MI5099 | ||||||||||
| rlnter Bliacanehat and rdated |
le&esne | 476,148 | S24,229 | |||||||||
| Total Edttcatinoel end reletedincorne |
2938IL389 | 2.062.262 | ||||||||||
| 24 | tattnNT add& FEEaiencatIE | |||||||||||
| 2021 | ||||||||||||
| 6 | ||||||||||||
| lob natenlien schetneBonernmeet |
Erenl | 47,470 | ||||||||||
| 3 | nrsttctli9rlcEea~ | |||||||||||
| ateltrntsts | Pntatttses | Oepretaanoh | tnhercosts | Ttttn ab it | Trrttn | 2020 | ||||||
| 8 | p | 4 | ||||||||||
| cttttter4nhntmiheueluetnra | Inttnne | ~596 | B.493 | 13,183 | 18392 | |||||||
| Eostsotectlvltseslan aannatlna |
Income | 2929 | ||||||||||
| rane con ermidhdttthda tescidnn nnd masted toes |
836324 | ~8.499 | 8493 341,lt |
1'3 189 t239864 |
29921 3499~ |
|||||||
| ntbts etldee Ichats | 96,693 | 144,93ci | 241,623 | 719,172 | ||||||||
| fuppnrt Ctten |
Iactaaa | 48,334 | 90,849 | 7242I73 | 67%347 | |||||||
| 6osasne nceaens | 10961 | 19'961 | 1 | Pan | ||||||||
| Tntndtetel a/cn erileeit ecdrdtrtd |
L383,376 | 146832 | 96,773 | 617,841 | 2237821 | 2,36%322 | ||||||
| Tntd expnnrdtwe | L36IL671 | 146432 | '96,773 | 396,334 | 2,236,bill | 2,189,043 | ||||||
| 2021 | 2020 | |||||||||||
| f | ||||||||||||
| ranthina Cnes | 346,3JI'7 | 999,740 | ||||||||||
| tlbrarV ene stedr materials | 3L774 | 3F,078 | ||||||||||
| Patptnd and stwlett wdrara |
ac,cf0 | 49,979 | ||||||||||
| Adnenidnd she pntstantion |
olthacatlaBI | 22,833 | ||||||||||
| oflice casts | 24,070 | M,2N | ||||||||||
| Feteenptble ror the aeeln |
lb.333 | 2r2136 | ||||||||||
| 6nn sul tarrtsand Iedst bne |
51.111 | 24907 | ||||||||||
| trend wtd tetnitennce | 17,134 | 90,7la | ||||||||||
| 644dtbtsa dieredan Teldeltattep Bnns |
4,279 | 6,842 | ||||||||||
| $vndrv etpanaac | 2,823 | 4410 | ||||||||||
| 596,334 | 9 | 024 |
| o | rthe year enfield 3 | rthe year enfield 3 | 0June 4[821 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | TAFanBLE ImED AEEEIE | ||||||||||
| Freehold | En | UIp Ill&Itt | |||||||||
| Lmd | f | BaildinEF | f | f | |||||||
| at 80Junei020 | 282,299 | 5,213,617 | 600,296 | Et096,712 | |||||||
| idditiont | 90,261 | 37,235 | 127,496 | ||||||||
| Pitpomls | [1,176I | [1,275) | |||||||||
| m30 Jace2021 | 28 | 299 | 803$7$ | 686 56 |
221023 | ||||||
| 0EPILKIAh0N'. | |||||||||||
| et30Jum2020 | 995,206 | 4902316 | lr485, 9'l2 | ||||||||
| Citarfe for the year | 47,524 | 49~9 | 96.773 | ||||||||
| 6lmtnated an dftpamlz |
[828) | [823) | |||||||||
| et30Juac'2021 | l 042 8222 | 539 2 |
581862 | ||||||||
| lfETMKIK VALIJ | EI' | ||||||||||
| at MJun»2022 | 282,299 | 4,262,058 | 97JIE4 | 4,641,171 | |||||||
| 282,299 | 422 321 | I80 | 4620 JE90 | ||||||||
| AILafthe& eyer& &re Usml | far Chmlmble par | poem | |||||||||
| rj | BEftr088 | ||||||||||
| 2021 | 2020f | ||||||||||
| Femouutendlng | 94,284 | 74,597 | |||||||||
| Prepeym tilt c | 31,013 | 22,772 | |||||||||
| (Xlw clytrtary | 29501 | 22 873 | |||||||||
| 148798 | 2 | 242 | |||||||||
| 7 | ~AEEEBJIEIBFALUNG Ptnwlttarf | el%YEAR | |||||||||
| M2 1 | 2020 | ||||||||||
| E | |||||||||||
| Tee&Jned»ant» | 19,979 | 2,029 | |||||||||
| Tr&defredltom | ~2,008 | 2S,dd2 | |||||||||
| Peferred Interne | [arentcl | 752I00 | 50,IAKI | ||||||||
| Teem&oem&tel Jtmru ale |
carr»Icy | cadged | 38,753 312I55 |
ifL324 32,283 |
|||||||
| H oil 0w aav eccrad | 39NP | 000 | |||||||||
| 24'5,796 | 294 057 | ||||||||||
| 2021 | 2020 | ||||||||||
| E | E | ||||||||||
| 0&fermdietmtteiuaudnt | fietmmd | 72I19 | 22,202 | ||||||||
| Interne ada&ted | in | 'the ytm | [2,339[ | [9,003J | |||||||
| lecamedehrrtd | ln | the Too | 25 9 |
3,820 | |||||||
| 0&ferred hrcom e | Ibn&erd | 19,979 | 2,029 | ||||||||
| 2021 | 2020 | ||||||||||
| E | E | ||||||||||
| Day&it&el&emu& | breudht | foneetf | |||||||||
| Incamerdmml | In | the year | [50,000[ | ||||||||
| Iocomedefyrr&d | In | theyear | 75,MCI | SP,NP | |||||||
| 0elerredIecame | ont | led | Etna&id | 75,000 | 50,000 |
| o | rthe 1(eatended JuneI,'L | rthe 1(eatended JuneI,'L | |||||
|---|---|---|---|---|---|---|---|
| 9 | 88EOFJPIEJAheis ON FINVEMSVTg Op Futdri | ||||||
| Ferlhs Teer ended gplene | 2021 | AI 1rulv | tnsoine | Fsprerdlture | Trans@re | At ie rune | |
| 2020 | 2021 | ||||||
| U9I6de Ist46Fueshl | E | 5 | 1 | E | 5 | ||
| Os parsi rend | 450,363 | 1.939.344 | 1.757.184 | 122,$51] | 435,972 | ||
| tssslossted funds | |||||||
| cnnnneeneF Feed |
186,300 | 196,390 | |||||
| Peslissr nefurblsiunsnt | 3r Msinlsnsnsn | 213,155 | 116,979) | 9.739 | 20$,913 | ||
| Beildln9 Flxsd Ssssts | 4,500,619 | 147.5241 | 30,263 | 4,543,356 | |||
| Eevlprnsnt Fined Assess |
210,130 | ~9,291 | 36.925 | 57JI14 | |||
| 5,0t0,252 | 113 '794 | '136,925 | 5,033,185 | ||||
| Tatd enrestrtsted funds |
gr460,615 | 1si18,344 | I3.870.978 | 16374 | 5,522,355 | ||
| Ihsstrtstnd ftrnds |
|||||||
| ness FrnrestsFund | 32,29$ | 51,3IIP | (7731777 | 5.802 | |||
| Student Bvrssrytnnd | 41,729 | 26,266 | (tt,2071 | 57,903 | |||
| gtudent lferdshlp Fund |
3,196 | Jgr426 | 139,2417 | 4,381 | |||
| creeds eredy gv retry Fved | 25,969 | 850 | 113Jtetsl | 23,779 | |||
| Mlle. Other nsstrlstsd | Funds | 39.366 | 237,'919 | (240,3671 | 1343741 | 21,644 | |
| Total restdcted tends | I46.558 | 331,961 | 359.632 | 34 374) | t(ss,el3 | ||
| Tetsdends | 5,662,273 | 2,250,205 | 2,230,610 | 5626763 | |||
| Fnr the Feesendsd39 me5626 | At 2 rurs | resume | Eepen drtare | Tran@vs | Atlp Jene | ||
| 2029 | 2030 | ||||||
| Suestrrs Iedpundr | E | 6 | E | ||||
| den eral ibrrd | 585,l42 | 2 ri62.297 | (2.797078 | 4M,363 | |||
| srrneredernds | |||||||
| Can en canny Fend | 436.300 | 586,30sr | |||||
| Peslrsar rrdvrhrdvssnt eurh(rn9 rene(~ |
8rl(s(prepense | 200,674 4,929,283 |
(50,347J (ui,eieJ |
42,826 17.274 |
JJ3,753 4.500,619 |
||
| EesupnrsntFised~ | 2~0,573 | 81,906 | 51,713 | JJPJ30 | |||
| 5tl56.630 | JS(L03JJ | JJJ,?13 | 5.020,252 | ||||
| 5.eel,772 | 2.962.297 | 2.955,269 | 21,955 | 5460Ag | |||
| %strr~ JvnA- | |||||||
| Aenr Prvfests Fvnd | (32l7 | 5J.PEP | (23442( | 32,238 | |||
| Srvdsntgvrssrv rend |
Zdseee | 7,4 le | (3485( | 42,729 | |||
| Student rferdshrp Evnd ersnde ersrds evrsery Fund |
3,960 32,5il |
2,770 J.plXI |
(2,934( (9462( |
9,196 23.969 |
|||
| ASsr. Other nestrtcledpvnds | 22,966 | 223,767 | (f95,$52( | 39.566 | |||
| 102.936 | 285321 | 229874 | J J 8J5 | 246,558 | |||
| 5,544708 | 2.24?509 | (2,185,043 | 56072?3 |
| The funds shown on the previous page have the following purpases. U~ Fletds, Is~4 available far the general Opeletlan Ofthe Oytege'S nude xcdvlees |
||||
|---|---|---|---|---|
| ~fandst | ||||
| r~antl enoLFFIQ- tosuppart die General Fund in the event that income dedlnes. |
||||
| dkal Refu -ta fund angaetg building nsfurblshmenc |
end maintenance. | |||
| ~el I Fl dA -sos vv I li vxa t il v dvxvc |
||||
| Sseetxlaed Fseeb. | ||||
| g~glgEI~Fnd —held fornew spedgc buydfcG arequipping proj tts, |
||||
| —held for buisery fattdag ofsesderetuldca fees. |
||||
| ~40LIIg}gffrgggggl —ttefd to Provide flaencsal hanfshlP suPPort far studerns, |
||||
| —held forfuodbtg needs afstudent body ar Irugv ideals, |
||||
| —heklfarverlaussped4t~asrexx | lved, | |||
| The fund transfets~on the previovs page ere explained os fcgaws. | ||||
| Fnxn General Fund to Designated Fundt: |
||||
| Transfer af surplus funds from operellonsI '41IKtP00 toCydlcel Refurbishment | &Maintenance | (2019/20; | ||
| 46ft000), | ||||
| Net aspitalisatian allied aSSetSpurtheted In the yeyr, end eenxrened Oxthe desfgnaed |
fun4 | for | ||
| Equipment Fixed 4sserh 422WL f2919/2fh E392LsgI. |
||||
| Between Designated Funds: Npiaigseean aflive detects pvrxhesad under cycgcel lfeferblshmenl &Ma~ end the design sard fund for~Feted Assets: 490201f2019/20t Etym.yeh |
aansfened os | |||
| Fram gasafcwd Funds asathets; | ||||
| &piaieseeaa af lixed assets, puidtcxed from Misc tflher Resefctsd Fuatb, |
and | traosfested | to | the |
| desffpwwd ftesds far Equipment Fsxed ftxsets; E3437e(39IP/2k 4112ts5). |
| 2asas | ttartetrt teed Funds | |||||
|---|---|---|---|---|---|---|
| 6antrra | De dan at ed | Restricted | yutal | |||
| Fund | Funds | funds | Funda | |||
| E | f | I | ||||
| FIxed assets | 4,641,171 | sdtas, 171 | ||||
| Cash at bsnhendin | hand | 492,256 | 392,212 | 17334I | sde62 /siss | |
| Btock | 19,7gt | 19,791 | ||||
| oubtors | 144,6g7 | 4,101 | 14B,79B | |||
| Creditors | 167 766 | I78,029) | 245,795 | |||
| 46$,9'72 | 5 | 3$ $$3 | 104,413 | $,626,766 | ||
| Ltnrescsicsed Fuods | ||||||
| 6enerol | Erssiflnured | ass 6'iCI CCI | Tarot | |||
| Fund | funds | Frrrrds | Fends | |||
| f | 5 | 6 | 6 | |||
| Fnrarr srasera | 4,6JIJ,II90 | 4,610,800 | ||||
| Cath ethens ondin | hued | $22,228 | 399,452 | 142,853 | 1063,633 | |
| Erect | JIL6$6 | Jft,666 | ||||
| ctahtors | 203.786 | 4,455 | 108,242 | |||
| Creditors | ( IIV,367) | 75I9 | 194/$7) | |||
| 466L363 | 3,02r2252 | 746,558 | 5697173 |
| Operating | lease | char$as for | the year | the year | were f1,696(I026661,606), At301une 2021,the College | were f1,696(I026661,606), At301une 2021,the College | were f1,696(I026661,606), At301une 2021,the College | were f1,696(I026661,606), At301une 2021,the College | ||
|---|---|---|---|---|---|---|---|---|---|---|
| had total | future | ml nlrnum | pe | ym sets | under aon4enoel | labia | oparati pa leases as | rsset39)ress 292a | ||
| Carel | 6 | ted 9 | ||||||||
| hra tat | ass | 0 thar | 4uarause | I7dare | ||||||
| 6 | f | 6 | f | |||||||
| within I | year | '1,606 | 1,606 | |||||||
| within'2 | to 9yaam | 1,609 | 3,22I | |||||||
| aha r9years | ||||||||||
| 3,21'1 | d,ft27 |