##
||||PAGE|
|---|---|---|---|
|Administrative
Information||||
|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|
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|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|||||||
|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|||||||
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||||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||
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##
|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|