| Page | |||
|---|---|---|---|
| Trustees | report | 1-5 | |
| Statement | oftrustees | responsibilities | |
| Independent auditor's |
report | 7-9 | |
| Statement | offinancial | activities | 10 |
| Statement | offinancial | position | |
| Notes to the financial | statements | 12-19 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2021 | ||||
| Notes | f | f | |||
| Income and endowments | from: | ||||
| Donations and legacies |
3 | 1,247,679 | 416,715 | ||
| Other income | 4 | 200 | |||
| Other income - Government | furlough | scheme | 5 | 198 | 52,461 |
| Total income | 1,248,077 | 469,176 | |||
| Ex enditure on: | |||||
| Charitable activities |
6 | 1,187,759 | 462,335 | ||
| Net income for the year/ | |||||
| Net movement in funds |
60,318 | 6,841 | |||
| Fund balances at 1 July 2021 | 95,312 | 88,471 | |||
| Fund balances at 30June | 2022 | 155,630 | 95,312 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | f | f | |||||||
| Fixed assets | |||||||||
| Tangible assets | 3,221 | ||||||||
| Current assets | |||||||||
| Debtors | 10 | 220,382 | 197,171 | ||||||
| Cash at bank | and | in | hand | 398,357 | 86,233 | ||||
| 618,739 | 283,404 | ||||||||
| Creditors: amounts | falling due within | ||||||||
| one year | (463,109) | (191,313) | |||||||
| Net current assets | 155,630 | 92,091 | |||||||
| Total assets | less | current | liabilities | 155,630 | 95,312 | ||||
| Income funds | |||||||||
| Unrestricted | funds | 155,630 | 95,312 | ||||||
| 155,630 | 95,312 |
| Unrestricted | unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| Donations | and gifts | 1,247,679 | 416,715 | |
| Other income | ||||
| Unrestricted | Total | |||
| funds | ||||
| 2022 | 2021 | |||
| Letting and | licensing | arrangements | 200 |
| Unrestricted | Unrestricted | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | |||||||||||
| 2022 | 2021 | |||||||||||
| Other income - Government | furlough | scheme | 198 | 52,461 | ||||||||
| 6 | Charitable | activities | ||||||||||
| Activities | Support | Total | Total | |||||||||
| undertaken | costs | 2022 | 2021 | |||||||||
| directly | 2022 | |||||||||||
| f | ||||||||||||
| Staff costs | 235,216 | 56,363 | 291,579 | 219,204 | ||||||||
| Depreciation | and impairment | 3,221 | 3,221 | 4,222 | ||||||||
| University | property costs | 190,435 | 63,478 | 253,913 | 181,820 | |||||||
| Accommodation and travel |
for | students | 8 lecturers | 415,566 | 415,566 | 22,910 | ||||||
| Excursions | and field trips | 60,906 | 60,906 | 2,279 | ||||||||
| Educational | supplies, | literature | &subscriptions | 99,313 | 99,313 | 6,446 | ||||||
| Other direct | costs | 10,305 | 10,305 | 2,455 | ||||||||
| Guest lecturers | 6,435 | 6,435 | 2,422 | |||||||||
| Accountancy | 8 bookkeeping | 6,340 | 6,340 | 7,766 | ||||||||
| Telephone | and office | costs | 16,128 | 16,128 | 10,998 | |||||||
| Legal and | professional | 18,005 | 18,005 | |||||||||
| 1,018,176 | 163,535 | 1,181,711 | 460,522 | |||||||||
| Share ofgovernance | costs | (see note | ) | 6,048 | 6,048 | 1,813 | ||||||
| 1,018,176 | 169,583 | 1,187,759 | 462,335 |
| Number ofe The average |
mployees monthly number of employees during the year |
was: | |
|---|---|---|---|
| 2022 | 2021 | ||
| Number | Number | ||
| Programme | director and lecturers | ||
| Support staff | |||
| Employment | costs | 2022 | 2021 |
| Wages and salaries | 263,978 | 199,458 | |
| Social security costs | 23,644 | 16,292 | |
| Other pension costs | 3,957 | 3,454 | |
| 291,579 | 219,204 |
| The num were: |
ber of employees whose annual remunerati |
on was 260,000 or more |
|
|---|---|---|---|
| 2022 | 2021 | ||
| Number | Number | ||
| F60,000 | - f69,999 | 1 | 1 |
| 9 | Tangible fixed assets | |||||
| Leasehold | Fixtures and | Total | ||||
| land and | fittings | |||||
| buildings | ||||||
| f | ||||||
| Cost | ||||||
| At1 July2021 | 43,801 | 61,276 | 105,077 | |||
| At 30June 2022 | 43,801 | 61,276 | 105,077 | |||
| Depreciation | and impairment | |||||
| At1 July2021 | 43,801 | 58,055 | 101,856 | |||
| Depreciation | charged | in the year | 3,221 | 3,221 | ||
| At 30June 2022 | 43,801 | 61,276 | 105,077 | |||
| Carrying amount |
||||||
| At 30June 2021 | 3,221 | 3,221 | ||||
| 10 | Debtors | |||||
| Amounts falling due |
within one year: | 2022f | 2021f | |||
| Prepayments | and accrued income | 185,382 | 162,171 | |||
| Amounts falling due |
after more than one year: | 2022f | 2021f | |||
| Other debtors | 35,000 | 35,000 | ||||
| Total debtors | 220,382 | 197,171 | ||||
| Other debtors | comprise a rent deposit, which | is subject to a charge by the landlord. | ||||
| 11 | Creditors: amounts | falling due within one | year | |||
| 2022f | 2021f | |||||
| Other creditors | 17,286 | 21,213 | ||||
| Accruals and | deferred | income | 445,823 | 170,100 | ||
| 463,109 | 191,313 |
| Deferred | income | (Continued) | ||||
| 2022 | 2021f | |||||
| Deferred | income is | included | within: | |||
| Current | liabilities | 437,223 | 165,000 | |||
| 437,223 | 165,000 | |||||
| Movements in the year: |
||||||
| Deferred | income at | 1 July 2021 | 165,000 | 209,475 | ||
| Released from previous | periods | (165,000) | (209,475) | |||
| Resources deferred | in the year | 437,223 | 165,000 | |||
| Deferred | income at | 30 | June | 2022 | 437,223 | 165,000 |
| 2022 | 2021 | |
|---|---|---|
| F | ||
| Within one year | 150,000 | 120,000 |
| Between two and five years | 562,500 | |
| 712,500 | 120,000 |
| 2022 | 2021 |
|---|---|
| 93,276 | 74,045 |