**Annual Report 2022**
**EAUC - The Alliance for Sustainability Leadership in Education The Environmental Association for Universities and Colleges Registered Company Number 05183502 Registered Charity Number 1106172**
Front Cover Image of the University of Worcester, EAUC Educational Member and Finalist of the 2022 UK & Ireland Green Gown Awards
## **Contents & Company Information**
||**Contents Page**
**CEO & Chair's message**
**3**
**EAUC: Our Strategy 4**
**Our Members 5**
**Scotland Focus 6**
**Goal 1: Strategic Alignment 8**
**Goal 2: Advocacy 9**
**Goal 3: Research & knowledge 10**
**exchange**
**Goal 4: Maximised resources 11**
**Goal 5: Stronger community 12**
**Goal 6: Expanded horizons 13**
**Sustainability report 14**
**Financial Review**
**15**
**Trustee's Report**
**16**
**Auditors Report**
**21**
**Statement of fnancial activities 24**
**Balance sheet 25**
**Cashfow statement 26**
**Notes to the fnancial statements 27**||**Company Information**
**Charity Information**
EAUC - The Environmental Association for
Universities and Colleges
Registered Charity number 1106172
Registered Company number 05183502
(England and Wales)
**Company Secretary**
F L Goodwin
**Registered Address**
EAUC
PO Box 3284
Gloucester
Gloucestershire
GL1 9HL
**Auditors**
J W Hinks LLP
Chartered Accountants & Statutory Auditors
19 Highfeld Road
Edgbaston
Birmingham
B15 3BJ
**Senior Statutory Auditor**
James Cruse ACA, FCCA
**Banker**
The Co-operative Bank
PO Box 250
Delf House
Southway|
|---|---|---|---|
**EAUC Annual Report 2022**
**Page 2**
## **Chief Executive & Chair’s Message**
Arguably 2022 was the first year since the pandemic we were able to operate ‘as usual’, despite continuing to see changes across our sector as we better understand the long term impacts of Coronavirus.
The dialogue surrounding the sustainability agenda is changing too. Increasingly it’s recognised as an opportunity for post-pandemic recovery and for national economic prosperity as well as for global environmental regeneration and social justice. But we face stark challenges – IPCC reports highlight the urgency and scale at which we need to change across all aspects of society. The tertiary education sector has long recognised this. EAUC membership retention remains high at 95% and this year we welcomed 33 new members, mostly from colleges in England continuing a trend from last year.
This report outlines the breadth of work delivered by EAUC across 2022 to support our members, either directly through projects, programmes, events, training, communities of practice, regular communications, resources and support, or indirectly through the policy and advocacy work we do with sector stakeholders, working to create a more enabling environment for sustainability action. We welcomed the Department for Education’s first sustainability and climate change strategy and continue to work in collaboration with others across the sector to support the mainstreaming of ambitious and impactful. sustainability action. There’s a lot to celebrate. Highlights this year have included:
- working alongside the Queen’s Platinum Jubilee Challenge and the Royal Anniversary Trust to develop a standardised carbon emissions framework
- the continued work delivered by EAUC Scotland to accelerate action and leadership in order to respond to the climate emergency
- the innovative work being delivered by the Carbon Coalition alongside a pilot project to create carbon credits using university and college land
- Bringing together our members in our first face-to-face conference since 2019
We thank our funders for enabling much of this work: the Department for Education, the Scottish Funding Council, the Environment Agency’s natural environment investment readiness fund (NEIRF) and the UN Environment Programme as well as our Green Gown Award and annual conference sponsors.
We also saw the departure of our CEO, Iain Patton, after over 17 years in the role. Our thanks and best wishes go to Iain in his future endeavours. Our thanks also go to deputy CEO, Fiona Goodwin, who stepped into an interim CEO role whilst we undertook the recruitment process for a permanent replacement. Charlotte Bonner joined us in February 2023 and is leading on developing a new strategy for the organisation.
There is still much to do and we want to ensure our new strategy both drives and supports the tertiary education sector to achieve what it’s capable of: equipping learners for their futures and shaping society for the better. We look forward to working with our members, fellows, strategic partners, funders and broader stakeholders to both develop and deliver this work.
We know that EAUC’s success is dependent on the communities, networks that we’re a part of and convene. As always, thank you for your continued commitment and support.
**Professor James Longhurst, Chair**
**Charlotte Bonner, Chief Exectutive**
**EAUC Annual Report 2022**
**Page 3**
## **EAUC: Our Strategy**
EAUC - The Alliance for Sustainability Leadership in Education is the environmental and sustainability champion within Further and Higher Education in the UK and Ireland. Our passion is to create a world with sustainability at its heart. That's our vision - we exist to lead and empower the post-16 education sector to make sustainability 'just good business'.
EAUC is a not-for-profit, member based charity run by members for members. From starting out as a voluntary organisation in 1996, we have grown to represent over 2 million students and nearly 400,000 staff, with a spending budget of over £25 billion. We help leaders, academics and other professionals to drive sustainability into the heart of their post-16 education institutions.
Launched in 2017, our 2017-2021 strategy aimed to offer the necessary support for the challenges institutions face today. We created six goals to underpin the structure and following member’s feedback we have undertaken numerous activities to support each one. We will be developing our next strategy during 2023 as well as developing our approach to equity, diversity and inclusion.
**EAUC Annual Report 2022**
**Page 4**
## **Our Members**
We are proud to convene and support organisations committed to advancing sustainability in and through education.
## **EDUCATIONAL MEMBERS IN 2022**
261 Institutions Represented
## 95% Retention Rate
## 33 New Members
## **COMPANY MEMBERS IN 2022**
11 Companies Represented:
- 4 Company Members
- 5 Company Affiliates
- 2 Company Partners
## 90% Retention Rate
## **STRATEGIC PARTNERS IN 2022**
As a Member organisation, we actively seek out strategic partners who can help us do more for our university and college members.
In 2022, our network included 196 Strategic Partners, joining together the leading sustainability and education organisations across the UK and Ireland, and around the world.
196 Strategic Partners
**Page 5**
**EAUC Annual Report 2022**
Scotland Focus
EAUC Scotland Programme o
o eauc
Year 3: April 2022 - March 2023 0
Scotland
TheAiUance fOTSuslolnaknd
Leuderthipin Educabon
Delivered by our team in Scotland and funded by the Scottish Funding Council ISFCI, this programme
supports all Scottish FHE institutions to develop a skilled and informed, holistic approach to
sustainability within governance. operations, learning and teaching, and engagement activities.
Leadership at all levels
Skills, Knowledge & Data
Published 2020121 FHE. FE and HE
sector reports for PBCCD Reporting
621 attendeesjoined 33 EAUC-
Scotland events
24% increase in educational contacts
vs 2020
Expanded the Public Bodies fleporting
Peer Review to 19 institutions
Delivered Carbon Literacy Training to
58 participants
Supported APUC'S Supply Chain
Climate & Ecological Emergency
Strategy 2022 - 2030 development
3 new SDG Accord signatories
96% ofevent attendees believe EAUC
Scotland is helping them develop their
skills and knowledge
3 new Race to Zero for Universities
and colle5 signatories
Partnerships and
Collaborations
Teachingp Research
and Engagement
Engaged with 91 non-FHE
organisations through events or
engagement calls
4 Education for Sustainability &
Community Engagement TSNS held
Delivered second Realigning Curricula
for the Future event Series
90 non-scottish FHE attendees at
EAUC Scotland events
Working with partner5 on QAA
Research Project on ESD Monitoring
and Evaluation
Directly engaged with 8 partner
network steering/working groups
S education-related consultation
responses submitted
Supporting Wider Stakeholders
Supported SFC in the development ofthe Net Zero Framework and quarterly
environmental policy briefings
EAUC Scotland provided feedback in the development of Scottish Government's
insetting and offsetting guidance to public bodies
EAUC Scotland took part one awards panel
EAUC Annual Report 2022
Page 6
## **Scotland Focus**
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9926
homepage views on the
Careers in Sustainability
Project site
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**EAUC Annual Report 2022**
**Page 7**
## **Goal 1: Strategic Alignment**
## **STANDARDISED CARBON EMISSIONS FRAMEWORK**
The standardised carbon emissions framework (SCEF) for the further (FE) and higher education (HE) launched in 23rd January 2023. Funded by the Department for Education and developed by EAUC, in consultation with the Platinum Queen Jubilee Challenge participants (21 higher and further education institutes from across the UK) and key sector bodies such as UUK, AoC, BUFDG, AUDE, GuildHE, HESA.
A consistent approach is required for the sector to enable peer-topeer comparisons as well as transparency for staff and students. The SCEF brings good practice and guidance, develops a fuller understanding of how institutions contribute to the climate emergency and enables them to take action. The Department for Education (DfE) is expecting institutions will start reporting their carbon emissions by 2024-2025 academic year.
The framework is based on the Greenhouse Gas (GHG) Protocol, which includes an interpretation of Scopes 1, 2 and 3 for what this means to an institution with a plain English interpretation. There are 3 different reporting levels (Beginner, Intermediate and Advanced) based on the maturity of data sets and boundaries. Find out more here.
## **NEIRF – UNIVERSITIES AND COLLEGES LAND FOR CARBON**
The Universities and Colleges Land for Carbon project utilises institutions’ land to create Woodland Carbon Credits (WCC). A verified government-backed credits to help them achieve their net-zero targets through carbon sequestration. Receiving funding from the Environment Agency's Natural Environment Investment Ready Fund (NEIRF) this will develop a standardised framework in order to create a simple and cost-effective solution for institutions.
Students and staff will be involved in providing vital skills for collecting and monitoring data and to support the green economy, maximising their learning potential and utilising academic and scientific expertise to ensure best practise for the wider sector. Find out more here.
**EAUC Annual Report 2022**
**Page 8**
## **Goal 2: Advocacy**
## **ADVOCACY**
- We worked closely with the Department for Education -
- to support the implementation of their Sustainabili ty and Climate Change Strategy. We sit on a variety of steering groups to ensure the voice of further and higher education are heard.
- We continued expanding the partnership of the Race to Zero for Universities & Colleges, welcoming more signatories throughout the year.
- We welcomed more signatories to the SDG Accord, widening the global network of institutions.
## **CONSULTATIONS**
During 2022 EAUC responded to the following:
- Department for Environment, Food and Rural Affairs (DEFRA) proposals to ban commonly littered Single Use Plastic items in England
- Advance HE professional standards framework review
- Office for National Statistics (ONS) Defining and Measuring Green Jobs
- EAUC also lead the joint response with AUDE, UUK, GuildHE and AoC to the Department for Business, Energy and Industrial Strategy (BEIS) Net Zero Review
EAUC Scotland responded to a further 5 consultations.
Discover more here.
**EAUC Annual Report 2022**
**Page 9**
## **Goal 3: Research & Knowledge Exchange**
## **ANNUAL CONFERENCE**
Our first face to face annual conference since 2019, ‘Conversations on Climate Action’ took place at the University of Loughborough in November 2022.
We welcomed over 200 delegates from over 80 institutions, in addition to the sponsors and exhibitors. 93% of delegates said the event experience was either Excellent or Good, and we had positive feedback on all sessions.
We wanted the focus to steer us all towards greater interaction and networking, with longer ‘Conversation’ sessions wherein delegates had time to discuss and learn from one another; this was extremely well received therefore we will repeat this format at our next annual conference at the University of Bath in June 2023.
“Great conference, a real morale boost and fantastic for networking and discussing common problems and sharing solutions.”
## **CARBON LITERACY TRAINING**
We started our Carbon Literacy Training (CLT) offer in January 2021, which has since gone from strength to strength. All 11 training courses in 2022 were fully booked, with 2 bespoke training sessions
Overall, we trained over 250 learners in over 80 institutions in 2022. We hope to see the Carbon Literacy offer continue to grow in 2023 with a senior leadership offer.
We are also proud that we are a Platinum Carbon Litrate Organisation with all of our staff trained as well as having 6 team members trained to deliver the CLT.
**EAUC Annual Report 2022**
**Page 10**
## **Goal 4: Maximised Resources**
## **CARBON COALITION**
The Carbon Coalition is an offsetting initiative for the education sector. Following the successful pilot we have worked with London Universities Purchasing Consortia (LUPC) and The Energy Consortia (TEC) to develop a procurement framework.
We will be launching the new framework in June 2023 and institutions will have 2 windows throughout the year to process - in July and November so they cross over academic years.
We are also working closely with UKRI, the Wellcome Trust, Scottish Government and the Woodland Carbon Code to ensure best practice is supported across the sector and ensure institutions have the information that they need to ensure the best options are used for carbon sequestration. Find out more here.
## **SUSTAINABILITY LEADERSHIP SCORECARD**
The Sustainability Leadership Scorecard (SLS), in partnership with AUDE, was re-launched in 2022. The portal is easy for institutions to use and collaborate with colleagues to develop their self-assessment and develop an action plan.
The SDG mapping with in the SLS continues to be accepted as evidence in Goal 17 for the Times Impact Rankings.
We will be resuming our annual report in 2023. Find out more here.
## **SUMS & EAUC SUSTAINABILITY CONSULTANCY**
In 2022, we launched a new sustainability consultancy service, in partnership with SUMS Consultancy.
We are pleased that we have 11 of our Fellows as our Associate Consultants. We are pleased to be able to offer the sector excellent quality and affordable services to the education sector. It really is using the expertise we have in the sector, for the sector. Find out more here.
**EAUC Annual Report 2022**
**Page 11**
## **Goal 5: Stronger Community**
## **MEMBER NETWORKS**
The EAUC is committed to our Members' ability to exchange ideas, skills and experience. To encourage more specialist learning and information sharing, we operate numerous Communities of Practice (CoP) groups that support focused and efficient networking among Members.
In 2022, we set up two new networks for Members:
- Sustainability Communications Community of Practice
- Climate Risk Community of Practice
## **MEMBER FEEDBACK FROM EAUC NETWORKING**
“I think it's really helpful to have opportunities for discussion like this - just carving out a bit of time for questions and discussion makes a difference. We're all often in the same boat but it can be easy to try to just get on with it, when others may have some wisdom to share. I don't always have experience of some things being discussed but I can always take it back to my colleagues to flag things”
“Really enjoyed today’s session and brilliant external speaker”
“Very useful to see how everyone else is approaching this and hearing from everyone regarding barriers and successes was great”
**EAUC Annual Report 2022**
**Page 12**
## **Goal 6: Expanded Horizons**
## **SDG ACCORD**
We are proud to have presented our annual SDG Accord report to the United Nations High-Level Political Forum on Sustainable Development in July 2022. This was as part of the Higher Education Sustainability Initiative (HESI) day. With 102 signatories contributing, the annual report provides an in-depth review of the SDGs and raises the profile of the university and college sector in this global space. Find out more here.
## **RACE TO ZERO FOR UNIVERSITIES AND COLLGES**
We continue to welcome new signatories to the Race to Zero, which is the official partner to the overarching Race to Zero campaign. This shows the impact that the education sector has on a global scale in meeting net-zero targets as soon as possible. EAUC provide the secretariat for this. Find out more here.
## **YEA! GLOBAL SUMMIT**
We delivered, in partnership with YEA!, United Nations Environment Programme and Tongji University, a global summit in July 2022. This brought together those institutions across the world who have committed to the SDG Accord, signed up to the Race to Zero or have been finalists in the International Green Gown Awards. By bringing together nearly 900 delegates we inspired and shared best practice from leading institutions globally.
**EAUC Annual Report 2022**
**Page 13**
## **Carbon Report**
It is our aim to minimise our carbon footprint as much as possible, however as it happens with any other organisation, we still have a carbon footprint. We used the Carbon Coalition to offset 88 tonnes in 2022.
## **2022 RESULTS**
For the first time we have included our supply chain emissions using the HESCET tool, which is now also available for our FE members to use. This means our carbon footprint has increased by 2414% and is now 88 tonnes for the 2022 period, with our supply chain accounting for 88%.
The carbon footprint of our supply chain is 77.6 tonnes. Along with our supply chain we also include water (0.18 tonnes) and business travel (1.4 tonnes) so our overall Scope 3 emissions are 79 tonnes. Our Scope 2 emissions (purchased electricity, heating and lighting) is 8.9 tonnes. We do not have any Scope 1 emissions and no other areas of Scope 3.
As we are a home-based organisation we have to estimate our electricity, heating and lighting. We have used this using the latest guidance on home-working from Sustainable Scotland Network Reporting Guidance to calculate our staff's electricity and heating usage based on hours worked from home. However, this does not include water so we have estimated these using average figures for the number of staff we have using Defra conversion factors. With this more granular calculation our Scope 2 emissions have increased by 207%.
Our staff full time equivalent (FTE) increased from 9.71 to 11.18. Our average carbon emissions per FTE is 7.869 tonnes.
For a full breakdown of results please visit our website.
|||||||
|---|---|---|---|---|---|
|Carbon
Summary|Staf FTE|Total carbon
emissions
(KgCO**2**)|Carbon
emissions per
FTE (KgCO**2**/FTE|Income per
annum £|Carbon
emissions per
unit of income
(KgCO**2**/£)|
|2021|9.7|3,500|360|473,663|0.01|
|2022|11.18|88,010|7,869|837,426|0.11|
|% increase/
decrease|15.17%|2,414%|2,083%|76.80%|1,322%|
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Breakdown of
our carbon KgCO 2 %
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|Breakdown of
our carbon|KgCO**2**|%|
|---|---|---|
||||
|Scope 2|8,948|10%|
|Scope 3|79,062|89.83%|
|Travel|1,445|1.64%|
|Supply Chain|77,600|88.17%|
|Water|18|0.02%|
|**Total**|**88,010**|**100%**|
**EAUC Annual Report 2022**
**Page 14**
## **Financial Review**
During the financial period of 1 January to 31 December 2022 we made an overall surplus £210,083 (2021: overall deficit of £17,443) with an unrestricted surplus of £176,708 (2021: unrestricted deficit of £29,474). Due to the easing of covid restrictions meant that we were able to resume key income generation activities such as our annual conference and the Green Gown Awards Ceremony. In 2021 we only generated £3,238 for the annual conference due to being virtual but with the return of an in-person event we generated £91,359 in 2022.
We have a total available unrestricted fund of £293,000 to carry forward into 2023. After some challenging financial years, we were able to generate a healthy surplus in 2022. Much of this will be reinvested into the reserves that were so critical to our survival during the pandemic. We’ll also be able to invest in building our staff team to support a number of longstanding and new programmes for our members.
We were pleased to confirm a further 1 year funding grant from the Scottish Funding Council starting in April 2023. This allows us to continue and further develop our support and leadership in Scotland. We also received funding from the Environment Agency for the Natural Environment Investment Readiness Fund for the University and College Land for Carbon Project. This funding runs from 1 July 2022 to 31 March 2024. In 2022, we received funding from the Department for Education to develop the Standardised Carbon Emissions Framework. These resulted in an increase of 144% to our restricted income.
In addition to the increase in both restricted and unrestricted income we made significant savings in staff due to I A Patton reducing down to 2 days per week from January to June and left employment in June 2022 and C L Bonner starting as our new CEO in February 2023. Whilst F L Goodwin stepped up as Interim CEO during this period a saving was made on wages, with an overall 13% decrease in unrestricted expenditure. As a charity, all of our income and expenditure meet our charitable objectives.
## **Future Plans - Looking to 2023**
We will be using our reserves to invest in increasing our staffing capacity to deliver key new income generation activities such as the Carbon Coalition and the EAUC & SUMS sustainability consultancy partnership. Our Educational Membership remains strong with a 95% retention rate and we have already welcomed 9 new members in 2023. We are reliant upon our members to continue supporting our work and we remain dedicated in supporting our members in 2023 and beyond.
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Where our income comes from
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## **Thank you to our Members for continuing to support us – without you we would not exist.**
**----- Start of picture text -----**
1% 0%
11%
15% Conference
3%
Restricted
Membership
Training
Product & Services
28%
43%
Donations
Interest
**----- End of picture text -----**
**EAUC Annual Report 2022**
**Page 15**
## **Trustees’ Report**
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in according with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRE 102) (effective 1 January 2019). In 2022, 3 of our Branch Trustees retired from the board and a further trustee retired due to serving their maximum term.
## **Directors and Trustees**
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C L Bonner (CEO) Appointed 20 February 2023
C Calder (Scotland Branch Convenor) Appointed 31 March 2022
Professor D J Dalton (Ireland Branch Convenor) Resigned 26 October 2022
Dr D J Duncan (Treasurer)
Dr L A Ellis
Professor J French (Deputy Chair)
L Frewin
Professor N F Glasser (Wales Branch Convenor) Appointed 4 January 2023
L Johnson Appointed 23 June 2022
Resigned 20 January 2023
Professor J Longhurst (Chair)
S Lynch (Ireland Branch Convenor) Appointed 6 March 2023
K Morgan Resigned 16 March 2022
I A Patton (CEO) Resigned 30 June 2022
L Rake Appointed 23 June 2022
Resigned 11 May 2023
Professor Z Robinson
Professor E Simmons
P D Smith Resigned 23 June 2022
Dr C Strong (Wales Branch Convenor) Resigned 5 September 2022
J Wincott (Scotland Branch Convenor) Resigned 31 March 2022
Company Secretary - F L Goodwin
**----- End of picture text -----**
## **The objectives of the charity are as follows:**
- to promote sustainable development for the benefit of the public by the preservation, conservation and protection of the environment and the prudent use of natural resources, particularly by and in relation to universities and colleges;
- to advance the education of the public and in particular those attending or working in universities and colleges, in all aspects of sustainable development, and the preservation, conservation and protection of the environment;
- to promote research into all aspects of sustainable development, and the preservation, conservation and protection of the environment particularly in relation to universities and colleges, provided that the useful results of such research are disseminated to the public.
## **The strategies employed to achieve the charity’s objectives are to:**
- The provision of training events and conferences;
- The provision of advice and support in integrating environmental and sustainability good practice through discussion networks and guidance materials;
**EAUC Annual Report 2022**
**Page 16**
## **Trustees’ Report**
- The promotion of strategic partnerships within the sector;
- The promote research and dissemination of good practice through projects.
## **Significant activities**
The previous section outlines the significant activities undertaken during the year.
## **Public benefit - Ensuring our work delivers our aims**
We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us to ensure that our aims, objectives and activities remain focused on our stated purposes.
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
## **The focus of our work**
The focus of the charity continues to be the promotion, education and research of all aspects of sustainable development in order to preserve, conserve and protect the environment.
## **ACHIEVEMENTS AND PERFORMANCE**
## **How our activities deliver public benefit**
In setting our objectives and planning our activities the trustees have given careful consideration to the Charity Commission's general guidance on public benefit, including the guidance on public benefit and fee charging. All of our charitable activities focus on our ability to promote, educate and research all aspects of sustainable development in order to preserve, conserve and protect the environment.
## **Key achievements and successes during the period**
During the year ended 31 December 2022 all of the activities undertaken by the charity continued to meet the charity's objectives.
## **Principal funding sources**
The income of the charity is principally consists of membership fees, event fees and sponsorship from our members and partners. Restricted income is from the Scottish Funding Council, the Department of Education and the Environment Agency.
## **Investment policy and objectives**
As per the terms of the charity's Memorandum of Association the charity has the power to invest in any way the trustees wish.
## **Reserves policy**
The trustees have forecast the level of free reserves (that is those reserves not tied up in fixed assets, restricted or designated funds) the charity will require to sustain operations. The trustees consider that the most appropriate level of free reserves would be in the region of £45,215 to cover 2 months operational costs (2021: £47,111). There are sufficient funds for this. The trustees have this under constant review and will take steps to monitor this, subject to changes in the charity’s operations.
**EAUC Annual Report 2022**
**Page 17**
## **Trustees’ Report**
## **Principal risks and uncertainties**
The Board of Trustees has responsibility for ensuring that there are effective risk management and systems of internal control in place to manage the charity's major risks and to support the achievement of our strategic objectives. The principal risks to the charity and how these are managed are set out below.
## **Risk - financial performance and sustainability**
Risk concerning financial performance and sustainability includes any significant reduction in fundraising due to economic conditions. This risks undermining our ability to meet the needs of our users and to meet our strategic aims. Risk concerning financial performance and sustainability is managed by the holding of reserves and a regular review of charity reserves. Senior management and the Board of Trustees also regularly review and scrutinise the charity's short and medium-term financial position.
## **Risk - information security**
Risk concerning information security includes serious data protection or security failure which may result in legal and contractual issues, reputational damage and potential fines and loss of income. Risk concerning information security is managed by having a structure in place for Data Protection Act (DPA) monitoring and compliance and by the routine testing of IT systems to identify any security weaknesses.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Environmental Association for Universities and Colleges (EAUC) is a company limited by guarantee, governed by its Memorandum and Articles of Association dated 20th June 2018. The company was incorporated on 19th July 2004 and was registered as a charity on 4th October 2004 with the Charity Commission. On 6th April 2006 all assets and charitable activities of the unincorporated EAUC Association were transferred to the charity. The members of the company are those universities, colleges or learning and skills sector providers, referred to as Educational Members, subscribing to the EAUC and totalled 261 at 31 December 2022 (2021:237). In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per full member of the charity.
A copy of the charity’s Articles of Association can be found at http://www.eauc.org.uk/eauc_governance.
## **Recruitment and appointment of new trustees**
The Educational Members will at each AGM appoint up to nine individuals to act as trustees. The Chief Executive Officer of the charity shall serve as an ex-officio trustee for so long as they are employed. Each trustee can hold office until the expiry of the fifth AGM after the AGM at which they were appointed.
The Board of Trustees have the power at any time to appoint any person who is willing to act as trustee, either to fill a vacancy or as an addition to the existing Board, but the total number of trustees shall not exceed any maximum number fixed in accordance with the Articles. Any trustee so appointed shall hold office only until the next AGM following appointment and then shall be considered for re-election.
Individuals are appointed as Branch Convenors, as required, with the consent of the Board and are Branch trustees of the charity while they continue to hold office as Branch Convenor. Branch trustees are members of the Board.
**EAUC Annual Report 2022**
**Page 18**
## **Trustees’ Report**
## **Organisational structure**
The Board of Trustees, which can have up to nine members and such number of Branch Trustees as required, administers the charity. The Board meets quarterly. The day to day organisation and running of the charity is undertaken by the Chief Executive Officer, Mr I A Patton, who was appointed by the trustees. Clear action planning, reporting and authorisation channels have been set.
## **Decision making**
The charity has a financial policy which is reviewed annually by the Board of Trustees. Goods and services within the Board-approved annual EAUC budget or specific project budgets can be purchased with approval of the relevant budget holder. If any line within the budget overspends by 10%, the Audit Sub-Committee should be notified and will investigate and report to the Board as necessary. For purchases under the value of £10,000 (net) and outside the Board-approved annual budget or specific project budgets, approval should be sought from the CEO. For purchases between the value of £10,000 - £50,000 (net) and outside the Board-approved annual budget or specific project budgets, approval should be sought from the Audit Sub Committee. For purchases over the value of £50,000 (net) and outside the Board-approved annual budget or specific project budgets, approval should be sought from the Board.
## **Induction and training of new trustees**
Trustees for this period have been informally inducted. A formal induction and training pack has been developed and all Trustees have received this.
## **Key management remuneration**
The charity's People and Performance Sub-Committee annually reviews the salary of the CEO and provide recommendations for the Board’s approval.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees have reviewed the major strategic, business and operational risk which the charity faces and confirm that systems have been established to enable regular reports to be produced which are reviewed by the charity's Audit sub-committee and the Board of Trustees on a quarterly basis so that the necessary steps are taken to monitor/lessen these risks. Risks were reviewed post-pandemic to assess impacts and take any necessary action.
## **Fundraising**
Only a small proportion of the charity's income comes from voluntary donations from our supporters.
The charity's Board of Trustees is deeply committed to building relationships and trust with our supporters and is committed to the strengthening of oversight and assurance concerning our fundraising programmes and in ensuring compliance and best practice in these areas.
We continue to be committed to addressing any expression of dissatisfaction on the part of our supporters and to examining ways to improve the levels of our service to them.
**EAUC Annual Report 2022**
**Page 19**
## **Independent Auditors’ Report**
## **Statement of Trustees Responsibilities**
The trustees (who are also the directors of The Environmental Association for Universities and Colleges for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.
In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company's auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
## **Auditors**
The auditors, J W Hinks LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors on 22 June 2023 and signed on the board's behalf by:
Professor J Longhurst - Trustee
**EAUC Annual Report 2022**
**Page 20**
## **Independent Auditors’ Report**
## **Opinion**
We have audited the financial statements of The Environmental Association for Universities & Colleges (the ‘charitable company’) for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland._
In our opinion, the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31 December 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic or Ireland; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report other than the financial statements and our Report of the Independent Auditor thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
**EAUC Annual Report 2022**
**Page 21**
## **Independent Auditors’ Report**
## **Opinions on other matter prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of our audit:
- the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Trustees has been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
-
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purpose of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **Our responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
- Enquiry of management and those charged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud.
- Reviewing minutes of meetings of those charged with governance.
- Assessing the extent of compliance with those laws and regulations considered to have a direct material effect on the financial statements or the operations of the entity through enquiry and inspection.
- Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.
**Page 22**
**EAUC Annual Report 2022**
## **Independent Auditors’ Report**
- Performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of rationale of significant transactions outside the normal course of business and reviewing accounting estimates for indicators of potential bias.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
## **Use of our report**
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
James Cruse ACA, FCCA (Senior Statutory Auditor) for and on behalf of J W Hinks LLP Chartered Accountants and Statutory Auditors 19 Highfield Road Edgbaston Birmingham B15 3BH
Date: 22 June 2023
**EAUC Annual Report 2022**
**Page 23**
## **Statement of Financial Activities**
|~~**aemen onanca acves o**~~
**year ended 31 December 2022**|~~**e**~~|~~**e**~~|**Unrestricted**
**funds**|**Unrestricted**
**funds**|**Unrestricted**
**funds**|**Unrestricted**
**funds**|**Restricted**
**funds**|**2022 T**
**fu**|**otal**
**nds**|2021 Total
funds||
|---|---|---|---|---|---|---|---|---|---|---|---|
|**CURRENT FINANCIAL YEAR**|**Notes**|||||||||||
||||||**£**||**£**|**£**||**£**||
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities:**|**3**
**5**||||341||-|341||17,241||
|•
Conference|||||91,359||-|91,359||3,238||
|•
Projects|||||-||295,351|295,351||120,242||
|•
Membership|||||238,712||-|238,712||211,259||
|•
Training|||||25,120||4,670|29,790||24,965||
|•
Products and services|||||123,044||51,754|174,798||94,590||
|•
Other government grants|||||-||6,737|6,737||2,063||
|•
Investment income|**4**||||275||-|275||65||
|**Total income**|||||478,851||358,512|837,363||473,663||
|||||||||||||
|**EXPENDITURE ON**||||||||||||
|**Charitable activities:**|**6**|||||||||||
|•
Conference|||||86,092||-|86,092||56,057||
|•
Projects|||||18,822||318,400|337,222||144,776||
|•
Membership|||||116,710||-|116,710||171,531||
|•
Training|||||6,725||-|6,725||25,254||
|•
Products and services|||||80,531||-|80,531||93,488||
|**Total charitable expenditure**|||||308,880||318,400|627,280||491,106||
|**NET INCOME/(EXPENDITURE)**|||||169,971||40,112|210,083||(17,443)||
|**Transfers between funds**|**17**||||6,737||(6,737)|---||-||
|**Net movement in funds**|||||176,708||33,375|210,083||(17,443)||
|**RECONCILIATION OF FUNDS**
**Total funds brought forward**|||||116,292||9,968|126,260||143,703||
|||||||||||||
|**TOTAL FUNDS CARRIED FORWARD**|||||293,000||43,343|336,343||126,260||
|||||||||||||
|||||||||||||
**EAUC Annual Report 2022**
**Page 24**
## **Balance Sheet**
## **BALANCE SHEET AS AT 31 DECEMBER 2022**
|||**ANCE SHEE**|**T AS AT 31 DECEMBER 2022**|**T AS AT 31 DECEMBER 2022**|**T AS AT 31 DECEMBER 2022**|**T AS AT 31 DECEMBER 2022**|**T AS AT 31 DECEMBER 2022**|**T AS AT 31 DECEMBER 2022**|
|---|---|---|---|---|---|---|---|---|
||||||**Unrestricted**
**fund**|**Restricted**
**funds**|**2022 Total**
**funds**|2021 Total
funds|
||||||||||
|||||**Notes**|**£**|**£**|**£**|£|
||**CURRENT ASSETS**||||||||
||Debtors|||**14**|**102,883**|**-**|**102,883**|34,311|
||Cash at bank||||**584,491**|**43,343**|**627,832**|420,182|
||||||**687,374**|**43,343**|**730,717**|454,493|
||**CREDITORS**||||||||
||Amounts falling due within one year|||**15**|**(394,374)**|**-**|**(394,374)**|(328,233)|
||||||||||
||**NET CURRENT ASSETS**||||**293,000**|**43,343**|**336,343**|126,260|
||**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**||||**293,000**|**43,343**|**336,343**|126,260|
||**NET ASSETS**||||**293,000**|**43,343**|**336,343**|126,260|
||**FUNDS**|||**17**|||||
||**Unrestricted funds**||||||**293,000**|116,292|
||**Restricted funds**
**TOTAL FUNDS**||||**43,343**
9,968||||
||||||**336,343**
126,260||||
The financial statements were approved by the Board of Trustees and authorised for issue on 22 June 2023 and were signed on its behalf by:
D J Duncan
**Trustee**
**EAUC Annual Report 2022**
**Page 25**
## **Cash Flow Statement**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022**
|||||
|---|---|---|---|
|**CASH FLOW STATEMENT FOR**
**THE YEAR ENDED31 DECEMBER 2022**||||
|||**2022**|2021|
||Notes|**£**|£|
|**Cash fows from operating**
**activities**||||
|Cash generated from operations|**1**|**207,377**|(18,278)|
|Net cash provided by/(used in) operating activities||**207,377**|(18,278)|
|**Cash fows from investing activities**
Interest received||**275**|65|
|||||
|Net cash provided by investing activities||**275**|65|
|**Change in cash and cash equivalents in the reporting**
**period**||**207,652**|(18,213)|
|**Cash and cash equivalents at the beginning of the**
**reporting period**||**420,182**|438,395|
|**Cash and cash equivalents at the end of the reporting**
**period**||**627,834**|420,182|
**EAUC Annual Report 2022**
**Page 26**
## **Notes to the Cash Flow Statement**
## **1. RECONCILITATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|
**OM OPERATING ACTIVITIES**|||||
|---|---|---|---|---|
|||**2022**
**£**|2021
£||
||||||
|Net income/(expenditure) for the reporting period (as
per the Statement of Financial Activities)||**210,083**|(17,443)||
|Adjustments for:
Interest received||**(275)**|(65)||
|(Increase)/decrease in debtors||**(68,572)**|10,303||
|Increase/(decrease) in creditors||**66,141**|(11,073)||
|**Net cash provided by/(used in) operations**|||**7**
(18,278)||
|||**207,37**|**7**|(18,278)|
||||||
## **2. ANALYSIS OF CHANGES IN NET FUNDS**
||At 1.1.22|Cash fow|**At 31.12.22**|
|---|---|---|---|
||£|£|**£**|
|**Net cash**
Cash at bank|420,182|207,652|627,834|
|**Total**|**420,182**|**207,652**|**627,834**|
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS General information**
The Environmental Association for Universities and Colleges (EAUC) is a charitable incorporated in England and Wales. The EAUC's registered office is EAUC, PO Box 3284, Gloucester, Gloucestershire, GL1 9HL.
## **Accounting convention**
The financial statements of EAUC, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", the Companies Act 2006 and the Charities Act 2011. The financial statements have been prepared using the historic cost convention and are presented in sterling which is the functional currency of EAUC, rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
**EAUC Annual Report 2022**
**Page 27**
## **Notes to the Financial Statements**
## **1. ACCOUNTING POLICIES - continued**
## **Company Status**
EAUC is a company limited by guarantee. The members of the charitable company are universities, colleges or learning and skills sector providers referred to as Educational Members who subscribe to the EAUC and which totalled 261 as at 31 December 2022 (2021: 237). In the event of the charitable company being wound up, the liability in respect of the guarantee is limited to £1 per full member of the charity.
## **Going concern**
The financial statements have been prepared on a going concern basis as, at the time of approving the f nancial statements, the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from the date of authorising these financial statements. The expected income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **Income**
All income is recognised in the Statement of Financial Activities once EAUC is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably and it is probable that income will be received. Membership and other income received in advance is deferred until the criteria for income recognition are met. Income from government and other grants is recognised when EAUC has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by EAUC which is normally upon notification of the interest paid or payable by the bank.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing EAUC to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. It is categorised under the following headings:
- Expenditure on charitable activities.
Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources. Support costs are those functions that assist with the work of EAUC but do not directly represent charitable activities undertaken by EAUC. Support costs include office costs, finance, personnel, payroll and other administrative costs which support EAUC's projects, programmes and activities. Governance costs represent costs incurred in connection with compliance and constitutional and statutory requirements.
## **Allocation and apportionment of costs**
All costs are allocated between the expenditure categories of the Statement of Financial Activities on the basis designed to reflect the use of the resource. These costs have been allocated between the categories of expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 8 to the financial statements.
**EAUC Annual Report 2022**
**Page 28**
## **Notes to the Financial Statements**
## **1. ACCOUNTING POLICIES - continued**
## **Tangible fixed assets**
Tangible fixed assets costing £1,000 or more are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Cost is defined as purchase cost less any residual value. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 100% on cost 50% on cost Fixtures and fittings Computer equipment 50% on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in net income/(expenditure) for the year.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **Operating leases**
Rentals payable under operating leases are charged to the Statement of Financial Activities as incurred over the term of the lease.
## **Employee benefits**
The costs of short-term employee benefits are recognised as a liability and an expense unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in period in which the employee's services are received. Termination benefits are recognised immediately as an expense when EAUC is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **Provisions**
Provisions are recognised when EAUC has a legal or constructive present obligation as a result of a past event, it is probable that EAUC will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting date taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material the amount expected to be required to settle the obligation is recognised at present value. When a provision is measured at present value the unwielding of the discount is recognised as a finance cost in net income/ (expenditure) in the period in which it relates.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives OF EAUC at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within EAUC's objects. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanations of the nature and purpose of each fund is included in the notes to the financial statements.
**EAUC Annual Report 2022**
**Page 29**
## **Notes to the Financial Statements**
## **Pensions costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **FINANCIAL INSTRUMENTS**
Financial instruments are recognised in EAUC's Balance Sheet when when EAUC becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## **Basic financial assets**
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs are are subsequently carried at amortised cost using the effective interest rate method unless the arrangement constitutes a financing transaction where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## **Basic financial liabilities**
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## **Derecognition of financial liabilities**
Financial liabilities are derecognised when EAUC's contractual obligations expire or are discharged or cancelled.
## **2. CRITICAL ACCOUNTING JUDGEMENT AND KEY SOURCES OF ESTIMATION UNCERTAINTY**
In the application of EAUC's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other other sources.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.
**EAUC Annual Report 2022**
**Page 30**
## **Notes to the Financial Statements**
## **3. DONATIONS AND LEGACIES**
||||**2022**||2021||
|---|---|---|---|---|---|---|
||||**£**||£||
|||Donations andgifts|**341**||17,241||
||**4. INVESTMENT INCOME**||||||
||||**2022**||2021||
||||**£**||£||
|||Bank interest receivable|**275**||65||
||||||||
|**5. INCOME FROM CHARITABLE ACTIVITIES**|||||||
||||||**2022**|2021|
||||**Activity**||**£**|£|
|||Conference and sponsorship
fees|Conference||**91,359**|3,238|
|||Grants receivable|Projects||**295,351**|120,242|
|||Education and company
membershipfees|Membership||**238,712**|211,259|
|||Trainingfees|Training||**29,790**|24,965|
|||Products and services fees|Products and services||**174,798**|94,590|
|||Grants receivable|Other Governmentgrants||**6,737**|2,063|
||||||**836,747**|456,357|
||||||||
||||||**2022**|2021|
|||**Grants received, including in the above, are as**
**follows:**|||**£**|£|
|||AcceleratingAction and Leadership (SFC) grant|||**177,636**|120,242|
|||Coronavirus Job Retention Schemegrant|||**-**|2,063|
|||Department for Educationgrant|||**91,826**|-|
|||Natural Environment Investment Readiness Fundgrant|||**25,889**|-|
|||Kickstartergrant|||**6,737**|-|
||||||**302,088**|122,305|
**EAUC Annual Report 2022**
**Page 31**
## **Notes to the Financial Statements**
## **6. CHARITABLE ACTIVITIES COSTS**
||Direct Costs
(see note 7)|Support
Costs (see
note 8)|Totals|
|---|---|---|---|
||£|£|£|
|Conference
57,856||28,236|86,092|
|Projects
318,400||18,822|337,222|
|Membership
-||116,710|116,710|
|Training
1,074||5,651|6,725|
|Products and services
61,708||18,823|80,531|
|**439,038**||**188,242**|**627,280**|
## **7. DIRECT COSTS OF CHARITABLE ACTIVITIES**
||**2022**|2021|
|---|---|---|
||**£**|£|
|Staf costs
**256,016**||176,840|
|
Conference expenses
**57,856**||4,639|
|Project expenses
**62,384**||9,578|
|Trainingexpenses
**1,074**||4,964|
|Products and services expenses
**61,708**||49,701|
|**439,038**||**245,722**|
## **8. SUPPORT COSTS**
|**8. SUPPORT COSTS**||||
|---|---|---|---|
||Support
Costs|Governance
Costs|Totals|
||£|£|£|
|Conference
26,148||2,088|28,236|
|Projects
17,430||1,392|18,822|
|Membership
108,078||8,632|116,710|
|Training
5,233||418|5,651|
|Products and services
17,431||1,392|18,823|
|**174,320**||**13,922**|**188,242**|
**Basis of allocation - support costs**
|**174,320**
**Basis of allocation - support costs**|**13,922**
**188,242**||
|---|---|---|
||**2022**|2021|
|Staf costs
**Staf time**||Staf time|
|
Travel and subsistence
**Staf time and actual**||
Staf time and actual|
|Marketingandprinting
**Staf time and actual**||Staf time and actual|
|
Website and computer costs
**Staf time and actual**||
Staf time and actual|
|
Insurance costs
**Staf time and actual**||
Staf time and actual|
|
Bank charges
**Staf time**||
Staf time|
|
Sundryand ofce expenses
**Staf time**||
Staf time|
**EAUC Annual Report 2022**
**Page 32**
## **Notes to the Financial Statements**
## **8. SUPPORT COSTS continued**
## **Basis of allocation - governance costs**
||||||**2022**|**2022**|2021|2021|2021|
|---|---|---|---|---|---|---|---|---|---|
||Audit fee
**Actual**||||||Actual|||
||Legal and professional
**Actual**||||||Actual|||
||Sundryand ofce expenses
**Actual**||||||Actual|||
|||||||||||
||Support costs, included in the above, are
as follows:|||||||||
||||Training|||Products and
services||**2022**
**Total activities**|2021
Total activities|
||||£|||£||**£**||
||Wages
3,188|||||10,623||**106,233**|150,514|
||Social security
538|||||1,792||**17,921**|13,600|
||Pensions
694|||||2,307||**23,083**|20,464|
||Travel and subsistence
168|||||558||**5,584**|1,476|
||Marketingandprinting
61|||||205||**2,045**|1,605|
||Website and computer costs
101|||||336||**3,360**|4,311|
||Insurance costs
335|||||1,117||**11,173**|13,666|
|||Bank charges||28||92||**920**|1,493|
||Sundryand ofce expenses
120|||||400||**4,001**|14,864|
||
**5,233**|||||**17,431**||**174,320**|**221,993**|
**EAUC Annual Report 2022**
**Page 33**
## **Notes to the Financial Statements**
|**Notes to the Financial Statements**|**Notes to the Financial Statements**|**Notes to the Financial Statements**|**Notes to the Financial Statements**|**Notes to the Financial Statements**|
|---|---|---|---|---|
|**Governance costs**
Conference
Projects
Membership
£
£
£
Wages
-
-
-
Social security
-
-
-
Pensions
-
-
-
Auditors' remuneration
720
480
2,976
Legal andprofessional
997
665
4,122
Travel and subsistence
371
247
1,534
**2,088**
**1,392**
**8,632**|||||
||Conference|Projects|Membership||
||£|£|£||
|Wages
-||-|-||
|Social security
-||-|-||
|Pensions
-||-|-||
|Auditors' remuneration
720||480|2,976||
|Legal andprofessional
997||665|4,122||
|Travel and subsistence
371||247|1,534||
|**2,088**||**1,392**|**8,632**||
||Training|Products and
services|**2022**
**Total activities**|2021
Total activities|
||£|£|**£**||
|Wages
-||-|**-**|10,373|
|Social security
-||-|**-**|996|
|Pensions
-||-|**-**|1,297|
|Auditors' remuneration
144||480|**4,800**|4,650|
|Legal andprofessional
199||665|**6,648**|6,075|
|Travel and subsistence
75||247|**2,474**|-|
|**418**||**1,392**|**13,922**|**23,391**|
## **9. NET INCOME/(EXPENDITURE)**
|**9. NET INCOME/(EXPENDITURE)**|||
|---|---|---|
|**Net income/(expenditure) is stated after**
**charging/(crediting):**
**2022**
**£**
Auditors' remuneration
**4,800**
Operating lease charges
**2,940**|**2022**|2021|
||**£**|£|
|||4,650|
|||9,355|
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
During the year ended 31 December 2022 I A Patton served as an employee and trustee of EAUC from 1 January 2022 to 30 June 2022 (2021: 1 January 2021 to 31 December 2021). During the year ended 31 December 2022 I A Patton received remuneration amounting to £14,546 until 30 June 2022 (2021: £63,300). This was paid directly by EAUC. This amount was payable for their staff role and not in respect of the services provided as a trustee. I A Patton also participated in the EAUC's pension scheme and during the year ended 31 December 2022 employer pension contributions amounted to £1,818 until 30 June 2022 (2021: £7,912).
During the year ended 31 December 2022, Think EJ Ltd received £4,998 in consultancy fees (2021: £nil). Dr L A Ellis, a Trustee of EAUC is also a director of Think EJ Ltd.
## **Trustees' expenses**
During the year ended 31 December 2022 a total of £438, (2021: £nil) was reimbursed to 2 trustees (2021: nil trustees) for directly incurred travel expenses.
**EAUC Annual Report 2022**
**Page 34**
## **Notes to the Financial Statements**
## **11. STAFF COSTS**
|**11. STAFF COSTS**|||
|---|---|---|
||**2022**|2021|
||**£**|£|
|Wages and salaries
**326,460**||308,688|
|Social security costs
**33,307**||25,500|
|Other pension costs
**43,486**||39,896|
|**403,253**||374,084|
The average monthly number of employees during the year was as follows:
||**2022**|2021|
|---|---|---|
|Permanent staf
**7**||8|
|
Temporary staf
**7**||4|
|**14**||12|
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
||**2022**|2021|
|---|---|---|
|£60,000 - £70,000
**-**||1|
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|||**Unrestricted**
**funds**|**Unrestricted**
**funds**|**Restricted**
**funds**|**Total**
**funds**|
|---|---|---|---|---|---|
||||**£**|**£**|**£**|
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities:**|||5,204|12,037|17,241|
|•
Conference|||(617)|3,855|3,238|
|•
Projects|||-|120,242|120,242|
|•
Membership|||211,259|-|211,259|
|•
Training|||18,440|6,525|24,965|
|•
Products and services|||92,677|1,913|94,590|
|•
Other government grants|||-|2,063|2,063|
|•
Investment income|||65|-|65|
|**Total income**|||327,028|146,635|473,663|
|||||||
**EAUC Annual Report 2022**
**Page 35**
## **Notes to the Financial Statements**
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|||**Unrestricted**
**funds**|**Unrestricted**
**funds**|
**Restricted**
**funds**|**Total**
**funds**||
|---|---|---|---|---|---|---|
|**EXPENDITURE ON**|||||||
|**Charitable activities:**|||||||
|•
Conference|||55,693|364|56,057||
|•
Projects|||24,534|120,242|144,776||
|•
Membership|||171,531|-|171,531||
|•
Training|||24,234|1,020|25,254||
|•
Products and services|||80,510|12,978|93,488||
|**Total charitable expenditure**|||356,502|134,604|491,106||
|**NET INCOME/(EXPENDITURE)**|||(29,474)|12,031|(17,433)||
|**Transfers between funds**|||2,063|(2,063)|---||
|**Net movement in funds**|||(27,411)|9,968|(17,443)||
|**RECONCILIATION OF FUNDS**
**Total funds brought forward**|||143,703|-|143,703||
|**TOTAL FUNDS CARRIED FORWARD**|||116,292|9,968|126,260||
## **13. TANGIBLE FIXED ASSETS**
||Plant and
equipment|Computer
equipment|Totals|
|---|---|---|---|
||£|£|£|
|**COST**||||
|At 1 January 2022 and 31 December 2022
1,000||2,581|3,581|
|**DEPRECIATION**||||
|At 1 January 2022 and 31 December 2022
1,000||2,581|3,581|
|**NET BOOK VALUE**||||
|At 31 December 2022
-||-|-|
|At 31 December 2021
-||-|-|
## **14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||**2022**|2021|
|---|---|---|
||**£**|£|
|Trade debtors
**53,052**||33.701|
|Prepayment and accrued income
**49,831**||610|
|**102,883**||34,311|
**EAUC Annual Report 2022**
**Page 36**
## **Notes to the Financial Statements**
## **15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**----- Start of picture text -----**
2022 2021
£ £
Trade creditors 53,687 5,169
Social security and other taxes 8,395 6,358
VAT 16,348 10,395
Other creditors 5,522 4,621
Accruals and deferred income 310,422 301,690
394,374 328,233
Deferred income
Deferred income is included in the financial statements as follows:
£
Deferred income at 1 January 2022 281,667
Deferred during the year 276,930
Amounts released from previous years (281,667)
Deferred income at 31 December 2022 276,930
Deferred income is comprised of the following items:
2022 2021
Unrestricted funds £ £
Conference income received in advance 6,300 5,505
Membership income received in advance 192,182 167,093
Training income received in advance 7,780 17,710
Products and services income received in advance 49,500 20,555
255,762 210,593
Grant income for projects 276,930 281,667
Deferred income at 31 December 2022 276,930 281,667
**----- End of picture text -----**
Deferred income represents grant and other monies received in advance of specific projects where conditions are applied and have been deferred in order to comply properly with the conditions under which these monies have been received.
**EAUC Annual Report 2022**
**Page 37**
## **Notes to the Financial Statements**
## **RESTRICTED FUNDS**
## **Purpose of Restricted Funds**
## **Projects**
This represents externally funded projects, Catalysing Transformative Leadership for Sustainability Programme, in furtherance of our charitable objective to promote and advance the education of the public and in particular those attending or working in Universities and Colleges, in all aspects of sustainable development, and the preservation, conservation and protection of the environment. This also includes funding from the AAL programme, which aims are accelerating actions and leadership in Scotland's colleges and universities to respond to the climate emergency. Furthermore, this also represents funds generated in addition to grant funding which are restricted in their use to project expenditure.
The following funds represent income generated from specific activities which are linked to the externally funded projects. As such the use of this income is restricted to these projects.
## **Conference**
This represents the Annual Conference in Scotland, as part of the SFC project, to advance the education of the public and in particular those attending or working in Universities and Colleges, in all aspects of sustainable development, and the preservation, conservation and protection of the environment.
## **Training**
This represents EAUC training events in Scotland, as part of the SFC project, to advance the education of the public and in particular those attending or working in Universities and Colleges, in all aspects of sustainable development, and the preservation, conservation and protection of the environment.
## **Products and Services**
This represents services provided under the SFC project to advance the education of the public and in particular those attending or working in Universities and Colleges, in all aspects of sustainable development, and the preservation, conservation and protection of the environment.
## **Other goverment grants**
This represents claims made under the Coronavirus Job Retention Scheme (CJRS)
## **Transfers between funds**
Transfers represent use of CJRS claim income and recoverable statutory maternity pay to offset employment costs recognised in unrestricted funds.
**EAUC Annual Report 2022**
**Page 38**
## **Notes to the Financial Statements**
## **16. LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
|Minimum lease payments under non-cancellable operating leases fall
due as follows:|||
|---|---|---|
||**2022**|2021|
||**£**|£|
|Wihtin oneyear|**2,940**|2,940|
|Between one and fve years|**4,655**|7,595|
||**7,595**|10,535|
## **17. MOVEMENT IN FUNDS**
|**17. MOVEMENT IN FUNDS**|**17. MOVEMENT IN FUNDS**|||||||
|---|---|---|---|---|---|---|---|
|||AT 1.1.22|Net movement in
funds||Transfer between
funds||At 31.12.22|
|**Unrestricted funds**||£|£||£||£|
|General fund
116,292|||169,971||6,737||293,000|
|||||||||
|**Restricted funds**||||||||
|Conference fund
3,491|||-||-||3,491|
|Projects fund
-|||(23,049)||-||(23,049)|
|Trainingfund
5,505|||4,670||-||10,175|
|Products and services fund
972|||51,754||-||52,726|
|Other Governmentgrants fund
-|||6,737||(6,737)||-|
|**9,968**|||**40,112**||**(6,737)**||**43,343**|
|**TOTAL FUNDS**
**126,260**|||**210,083**||**-**||**336,343**|
|Net movement in funds, included
in the above are as follows:
Incoming resources
Resources expended
Movement in funds
**Unrestricted funds**
£
£
£
General fund
478,851
(308,880)
169,971
**Restricted funds**
Projects fund
295,351
(318,400)
(23,049)
Trainingfund
4,670
-
4,670
Products and services fund
51,754
-
51,754
Other Governmentgrants fund
6,737
-
6,737
**358,512**
**(318,400)**
**40,112**
**TOTAL FUNDS**
**837,363**
**(627,280)**
**210,083**||||||||
|Net movement in funds, included
in the above are as follows:|Incoming resources|||Resources expended||Movement in funds||
|**Unrestricted funds**|£|||£||£||
|General fund
478,851||||(308,880)||169,971||
|||||||||
|**Restricted funds**||||||||
|Projects fund
295,351||||(318,400)||(23,049)||
|Trainingfund
4,670||||-||4,670||
|Products and services fund
51,754||||-||51,754||
|Other Governmentgrants fund
6,737||||-||6,737||
|**358,512**||||**(318,400)**||**40,112**||
|**TOTAL FUNDS**
**837,363**||||**(627,280)**||**210,083**||
**EAUC Annual Report 2022**
**Page 39**
## **Notes to the Financial Statements**
## **17. MOVEMENT IN FUNDS - continued**
|**Comparatives for movement**
**in funds**|AT 1.1.21|Net movement in
funds|Transfer between
funds|At 31.12.21|
|---|---|---|---|---|
|**Unrestricted funds**|£|£|£|£|
|General fund
143,703||(29,474)|2,063|116,292|
||||||
|**Restricted funds**|||||
|Conference fund
-||3,491|-|3,491|
|Trainingfund
-||5,505|-|5,505|
|Products and services fund
-||972|-|972|
|Other Governmentgrants fund
-||2,063|(2,063)|-|
|**-**||**12,031**|**(2,063)**|**9,968**|
|**TOTAL FUNDS**
**143,703**||**(17,443)**|**-**|**126,260**|
|Comparative net movement in
funds, included in the above are
as follows:
Incoming resources
Resources expended
Movement in funds
**Unrestricted funds**
£
£
£
General fund
327,028
(356,502)
(29,474)
**Restricted funds**
Conference fund
3,855
(364)
3,491
Projects fund
120,242
(120,242)
-
Trainingfund
6,525
(1,020)
5,505
Products and services fund
1,913
(941)
972
Other Governmentgrants fund
2,063
-
2,063
Other restricted donations fund
12,037
(12,037)
-
**146,635**
**(134,604)**
**12,031**
**TOTAL FUNDS**
**473,663**
**(491,106)**
**(17,443)**|||||
|**A current year 12 months**
**and prior year 12 months**
**combined position is as fol-**
**lows:**|AT 1.1.21|Net movement in
funds|Transfer between
funds|At 31.12.22|
|**Unrestricted funds**|£|£|£|£|
|General fund
143,703||140,497|8,800|293,000|
||||||
|**Restricted funds**|||||
|Conference fund
-||3,491|-|3,491|
|Projects fund
-||(23,049)|-|(23,049)|
|Trainingfund
-||10,175|-|10,175|
|Products and services fund
-||52,726|-|52,726|
|Other Governmentgrants fund
-||8,800|(8,800)|-|
|**-**||**52,143**|**-**|**43,343**|
|**TOTAL FUNDS**
**143,703**||**192,640**|**-**|**336,343**|
**Page 40**
**EAUC Annual Report 2022**
## **Notes to the Financial Statements**
## **17. MOVEMENT IN FUNDS - continued**
|A current year 12 months and
prior year 12 months combined
net movement in funds, included
in the above are as follows:|Incoming resources|Resources expended|Movement in funds|
|---|---|---|---|
|**Unrestricted funds**|£|£|£|
|General fund
805,879||(665,382)|140,497|
|||||
|**Restricted funds**||||
|Conference fund
3,855||(364)|3,491|
|Projects fund
415,593||(438,642)|(23,049)|
|Trainingfund
11,195||(1,020)|10,175|
|Products and services fund
53,667||(941)|52,726|
|Other Governmentgrants fund
8,800||-|8,800|
|Other restricted donations fund
12,037||(12,037)|-|
|**505,147**||**(453,004)**|**52,143**|
|**TOTAL FUNDS**
**1,311,026**||**(1,118,386)**|**192,640**|
## **Purpose of Unrestricted Funds**
## **General fund**
This fund represents the free funds of EAUC that are not designated for particular purposes.
## **Purpose of Restricted Funds - Projects fund Projects fund**
This fund represents externally funded projects from the AAL programme which aims to accelerate actions and leadership in Scotland's colleges and universities to respond to the climate emergency. Furthermore, this fund also represents funds generated in addition to grant funding which are restricted in their use to project expenditure. This also represents funded projects from the Department for Education and the Environment Agency.
## **Purpose of Restricted Funds - Conference, Training and Products and services fund**
The following restricted funds represent income generated from specific activities which are linked to EAUC's externally funded projects. As such the use of income concerning these funds is restricted to these projects.
## **Conference fund**
This fund represents the Annual Conference in Scotland, as part of the SFC project, to advance the education of the public and, in particular, those attending or working in universities in all aspects of sustainable development and the preservation, conservation and protection of the environment.
## **Training fund**
This fund represents EAUC training events in Scotland, as part of the SFC project, to advance the education of the public and, in particular, those attending or working in universities in all aspects of sustainable development and the preservation, conservation and protection of the environment.
## **Products and services fund**
This fund represents services provided under the SFC project to advance the education of the public and, in particular, those attending or working in universities in all aspects of sustainable development and the preservation, conservation and protection of the environment.
**Page 41**
**EAUC Annual Report 2022**
## **Notes to the Financial Statements**
## **17. MOVEMENT IN FUNDS - continued**
## **Purpose of Other Restricted Funds**
## **Other government grants fund**
This fund represents claims made by EAUC to HMRC under the terms of the Coronavirus Job Retention Scheme (CJRS). This fund was fully expended as at 31 December 2021.
## **Other restricted donations fund**
This fund represents donations received by EAUC to be expended under specific conditions. This fund was fully expended as at 31 December 2021.
## **TRANSFERS BETWEEN FUNDS**
Transfers between funds as at 31 December 2022 represent movements between EAUC's General fund and certain individual restricted funds.
## **18. EMPLOYEE BENEFIT OBLIGATIONS**
The charitable company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. The charge to income and expenditure in respect of defined contribution schemes was £43,486 (2021: £39,986).
## **19. RELATED PARTY DISCLOSURES**
There were no disclosable related party transactions during the years ended 31 December 2021 and 31 December 2022 other than trustee's remuneration and expenses as disclosed in note 10 to the financial statements.
## **20. POST BALANCE SHEET EVENTS**
## **C L Bonner**
On 20 February 2023 C L Bonner was recruited as the charity's new Chief Executive Officer and was appointed as a trustee of the charity.
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022**
||**2022**|2021|
|---|---|---|
|**INCOME AND ENDOWMENTS**|**£**|£|
|**Donations and legacies**|||
|Donations and gifts|**341**|17,241|
|**Investment income**|||
|Bank interest receivable|**275**|65|
|**Charitable activities**|||
|Grants receivable|**302,088**|122,305|
|Conference and sponsorshipfees|**91,359**|3,238|
|Educational and companymembershipfees|**238,712**|211,259|
|Trainingfees|**29,790**|24,965|
|Products and services fees|**174,798**|94,590|
||**836,747**|456,357|
|**Total incoming resources**|**837,363**|473,663|
**Page 42**
**EAUC Annual Report 2022**
## **Notes to the Financial Statements**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022 - continued**
|**- continued**|||
|---|---|---|
||**2022**|2021|
|**EXPENDITURE**|**£**|£|
|**Charitable activities**|||
|Wages|**220,227**|147,801|
|Social security|**15,386**|10,904|
|Pensions|**20,403**|18,135|
|Conference expenses|**57,856**|4,639|
|Trainingexpenses|**1,074**|4,964|
|Products and services expenses|**61,708**|49,701|
||**439,038**|245,722|
||||
|**Support costs**|||
|Wages|**106,233**|150,514|
|Social security|**17,921**|13,600|
|Pensions|**23,083**|20,464|
|Travel and subsistence|**5,584**|1,476|
|Marketingandprinting|**2,045**|1,605|
|Website and computer costs|**3,360**|4,311|
|Insurance costs|**11,173**|13,666|
|Bank charges|**920**|1,493|
|Sundryand ofce expenses|**4,001**|14,864|
||**174,320**|221,993|
||||
|**Governance costs**|||
|Wages|**-**|10,373|
|Social security|**-**|996|
|Pensions|**-**|1,297|
|Auditors remuneration|**4,800**|4,650|
|Legal andprofessional|**6,648**|6,075|
|Travel and subsistence|**2,474**|-|
||**13,922**|23,391|
|Total resources expended|**627,280**|491,106|
|**Net income/(expenditure)**|**210,083**|(17,443)|
**Page 43**
**EAUC Annual Report 2022**
This report was written and designed in-house by the EAUC team.
## **GET IN TOUCH**
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