REGISTERED COMPANY NUMBER: 03848337 (England and Wales)
REGISTERED CHARITY NUMBER: 1128626
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 August 2021
for
The Universities' Chaplaincy in Leeds Trust
Kirk Newsholme Chartered Accountants 4315 Park Approach Thorpe Park Leeds West Yorkshire LS15 8GB
The Universities’ Chaplaincy in Leeds Trust
Contents of the Financial Statements for the Year Ended 31 August 2021
Page Report of the Trustees 1 to 4 Independent Examiner's Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes to the Financial Statements 8 to 14
The Universities' Chaplaincy in Leeds
Trust
## Report of the Trustees for the Year Ended 31 August 2021
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 August 2021. The trustees have adopted the provisions of 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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03848337 (England and Wales)
|Registered Charity number|||
|---|---|---|
|1128626|||
|Registered office|||
|Chaplaincy|||
|Emmanuel Centre University of Leeds|||
|Woodhouse Lane|||
|Leeds|||
|West Yorkshire|||
|LS2 QJT|||
|Trustees|||
|M J Kelly|Roman Catholic Diocese of Leeds||
|DrDW Dixon-Hardy|University of Leeds||
|C M Lorigan|University of Leeds|- resigned 18.08.2021|
|Professor R C Whiting|United Reformed Church||
|TCWShaw|Yorkshire Baptist Association||
|L M Grey|Leeds Diocese ofthe Church of England||
|Professor P Cardew|Leeds Beckett University||
|Professor P D Howdle|Trust Chair—WYCT appointment||
|A| Fraser|Methodist Church||
|ProfessorV M O’Mara|Quaker||
|Professor R E Muers|Co-opted||
|C J Matuila|Lutheran Church||
|DrAArrigoni|Leeds Beckett University||
|DrTWilson|Co-opted|-appointed 24.06.2021|
|Company Secretary|||
|A Dudzinski|||
|Independent examiner|||
|Kirk Newsholme|||
|Chartered Accountants|||
|4315 ParkApproach|||
|Thorpe Park|||
|Leeds|||
|West Yorkshire|||
|LS158GB|||
## STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, being the Memorandum and Articles of a charitable company limited by guarantee, as defined by the Companies Act 2006.
Page 1
The Universities’ Chaplaincy in Leeds Trust
Report of the Trustees for the Year Ended 31 August 2021
## Recruitment and appointment of new trustees
The Charity is governed by the Memorandum and Articles dated 24" September 1999 as amended in March 2009.
The trustees are appointed according to the Articles of Association of 2009 and comprise not less than 3 and no more than 15 in number.
The Council of the University of Leeds and the Vice-Chancellor of Leeds Beckett University may each appoint and remove by notice in writing one trustee.
The trustees may co-opt up to two members of staff from the above two Universities (but for the avoidance of doubt only one from each University) who are willing to be trustees, and may cause their co-option to cease.
In addition to the University Staff Trustees co-opted by the board, the trustees may co-opt up to two further trustees who are willing to act, and may cause their co-option to cease.
West Yorkshire Churches Together (WYCT) shall appoint an individual to be trustee and a trustee so appointed will hold office of the chair of the trustees’ meeting.
Except for persons appointed per the above no person shall be appointed or reappointed a trustee unless they are duly and properly nominated by a member of the Charity and have consented to act (or continue to act} as a trustee. The members of the Charity are those Churches who covenanted together to form the charity as listed in the Articles of Association.
In the year ending 31 August 2021 one trustee resigned and one trustee (Dr Tamara Wilson) was co-opted in order to bring an Orthodox perspective to the board of trustees.
## Trustees’ responsibilities
The business of the Charity shall be managed by the trustees who may exercise all the powers of the Charity.
The trustees shall expend the funds of the Charity in such a manner as they shall consider most beneficial for the achievement of the objects, invest in the name of the Charity such part of the funds as they may see fit, direct the sale or transposition of any such investment and expend the proceeds of any such sale in furtherance of the objects of the Charity.
The Charity has 6 employees: 1 co-ordinating chaplain, 2 chaplaincy service managers (both part-time) and 3 part-time student outreach workers (1 of which provided IT support on an ad hoc basis). These work closely with the chaplains and report regularly to the chair of the board of trustees.
The Board meets formally 4 times per year for which it receives detailed papers prepared and distributed in advance. The co-ordinating and lead chaplains attend the meetings of the board to ensure good and comprehensive communications.
## 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.
## OBJECTIVES AND ACTIVITIES
## Background
The Universities' Chaplaincy in Leeds Trust serves the staff and students across the University of Leeds, Leeds Beckett University, The University of Law in Leeds and Leeds Arts University. This means supporting the spiritual welfare of approximately 63,650 students and 11,200 staff of all faiths and none. The team works within the oversight of our parent body, West Yorkshire Churches Together (WYCT), a group of church bodies who have covenanted to work together to provide a chaplaincy service at these universities. Chaplains are from nine different Christian denominations and include both volunteers and stipendiary clergy.
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The Universities’ Chaplaincy in Leeds Trust
## Report of the Trustees for the Year Ended 31 August 2021
## Day to day work
The key aspects of our day to day commitments are:
Pastoral Care Spiritual and Worship Ethics and Values Community Building and Community Cohesion Advice on matters of faith to the Universities’ senior managers.
## ACHIEVEMENT AND PERFORMANCE
## Achievements
The Co-ordinating chaplain continues to work closely with the Chaplaincy Service Managers.
The Student Outreach Workers have continued to be a valuable resource for the services provided by the Chaplaincy Team. The three part-time Student Outreach Workers continued from 2019-20 into 2020-21: Joseph Neison, Juanma Jiminez-Robles and Alice Healy, with Joseph and Juanma finishing as SOWs in June 2021. Alice Healy continued on an ad hoc basis providing IT support on request.
The Trustees continue to have an excellent working relationship with the senior managers of the Universities.
The Universities continue to value the contribution of the Chaplaincy to the community life of the universities, with the University of Law and Leeds Arts University both welcoming increased involvement with Chaplaincy outreach to their students.
The significant activities of the day to day work continue. These include:
1. Pastoral support for staff and students continues through groups, worship activities and one-to-one pastoral care.
2. An increased range of outreach activities and events that were designed to introduce people to the Chaplaincy and encourage them to build links with us.
3. Crisis support continues to be much appreciated by each University in the support of students, staff and their families at times of trauma, death and world catastrophes.
4. At Leeds Beckett we have built on the good relations already in place. As lead chaplain, the Revd. Melvyn Kelly has taken a full part in Leeds Beckett's Wellbeing provision. He attends regular team meetings as well as serving on committees such as equality and diversity and the Carnegie ethics committee.
5. Robin Fishwick is the Lead Chaplain at Leeds Arts University, and has been involved in extensive outreach work and has served on a number of University Committees.
6. Involvement in multi faith developments at the University of Leeds, in particular co-hosting inter-faith events.
## FINANCIAL REVIEW
## Financial review
The financial result for the year shows a surplus of £13,079. Reserves have increased to £95,732. Expenditure was £72,549, down from the usual annual expenditure of around £80,000, which is due to the effects of the Covid-19 pandemic and the resulting national Lockdowns. The trust is therefore well placed to develop its Chaplaincy work going forward. The Service Level Agreement (SLA) with the University of Leeds was renewed on 1 September 2017 for a period of five years, the SLA with Leeds Beckett University was renewed on 1 September 2020 for a further 3 years, the SLA with Leeds Arts University was renewed on 1 September 2020 for a period of 3 years, and the SLA with the University of Law was renewed from September 2019 for 3 years.
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The Universities’ Chaplaincy in Leeds Trust
## Report of the Trustees for the Year Ended 31 August 2021
## FUTURE AIMS
The future aims include:
1. Increasing chaplaincy provision through staff appointments, effective use of volunteers and interns, and range of activities.
2. Developing ways to increase spiritual awareness and opportunity amongst the staff and student populations, in particular via online means.
**----- Start of picture text -----**
3. Assisting all the universities in their development of a strategy to provide faith-based support to their
diverse communities.
Approved by order/ ofthe] board of trusteesHi on 22.LtVK voces and signed on its behalf by:
Professor P D Howdle - Trustee fo
**----- End of picture text -----**
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independent Examiner's Report to the Trustees of The Universities' Chaplaincy in Leeds
Trust
Independent examiner's report to the trustees of The Universities' Chaplaincy in Leeds Trust (‘the Company’)
| report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.
## Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## Independent examiner's statement
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
- ‘L. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or 3: the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Jilt Wright BA FCA
Kirk Newshoime
Chartered Accountants 4315 Park Approach Thorpe Park Leeds West Yorkshire LS15 8GB
Date: ..32.. Le amncsn4.. PRAAZ,
> - Page 5
The Universities’ Chaplaincy in Leeds Trust
## Statement of Financial Activities for the Year Ended 31 August 2021
**----- Start of picture text -----**
|||||||||
|---|---|---|---|---|---|---|---|
|2021|2020|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|£|£|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Donations|and|legacies|250|-|250|293|
|Charitable|activities|
|Charitable|activities|costs|73,866|8,000|81,866|77,959|
|Other trading|activities|2|2,700|-|2,700|3,743|
|Investment|income|3|129|-|129|430|
|Other income|-|683|683|-|
|Total|76,945|8,683|85,628|82,425|
|EXPENDITURE|ON|
|Charitable|activities|4|
|Charitable|activities|costs|24,783|40,043|64,826|73,372|
|Governance|costs|1,243|6,480|7,723|7,680|
|Total|26,026|46,523|72,549|81,052|
|NET|INCOME/(EXPENDITURE)|50,919|(37,840)|13,079|1,373|
|Transfers|between|funds|13|(37,840)|37,840|-|-|
|Net movement|in|funds|13,079|-|13,079|1,373|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought forward|82,653|-|82,653|81,280|
|TOTAL FUNDS CARRIED|FORWARD|95,732|-|95,732|82,653|
**----- End of picture text -----**
The notes form part of these financial statements
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## The Universities’ Chaplaincy in Leeds
## Trust
## Balance Sheet 31 August 2021
**----- Start of picture text -----**
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|2021|2020|
|Unrestricted|Restricted|Total|Total|
|£|£|£|E|
|Notes|fund|fund|funds|funds|
|FIXED ASSETS|
|Tangible assets|10|3,173|2,453|5,626|10,952|
|CURRENT ASSETS|
|Debtors|11|-|453|453|-|
|Cash|at bank|and|in|hand|96,351|2,952|99,303|86,454|
|96,351|3,405|99,756|86,454|
|CREDITORS|
|Amounts|falling|due|within|one|year|12|(3,792)|(5,858)|(9,650)|(14,753)|
|NET CURRENT ASSETS|92,559|(2,453)|90,106|71,701|
|TOTAL ASSETS|LESS|CURRENT|
|LIABILITIES|95,732|-|95,732|82,653|
|NET ASSETS|95,732|-|95,732|82,653|
|FUNDS|13|
|Unrestricted|funds|95,732|82,653|
|TOTAL FUNDS|95,732|82,653|
**----- End of picture text -----**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. Themalasfinancial statements andwereVeeapproved by the Board by: of Trustees and authorised for issue on
The notes form part of these financial statements
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The Universities’ Chaplaincy in Leeds
Trust
## Notes to the Financial Statements
for the Year Ended 31 August 2021
1. ACCOUNTING POLICIES
## Basis of preparing the financial statements
The financial statements of the charitable company, 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 UK 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’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’:
- the requirements of Section 7 Statement of Cash Flows;
- the requirement of paragraph 3.17(d);
- ¢ the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a){iv), 11.48(b) and 11.48(c);
- * the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A; ¢ the requirement of paragraph 33.7.
## Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to incoming resources or to assets. Grants relating to incoming resources are recognised in income and endowments over the period in which the related expenditure is recognised.
## Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity 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. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## Allocation and apportionment of costs
Support costs have been allocated based on the time spent on charitable activities and governance costs.
## Tangible fixed assets
Tangible fixed assets are stated at purchase cost, net of depreciation.
Depreciation is provided on all tangible assets at rates calculated to write off the cost less estimated residual value of each asset on a straight line basis over its expected useful life as follows:
Fixtures and fittings - 20% on reducing cost Computer equipment - 33% on cost
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continued...
The Universities’ Chaplaincy in Leeds Trust
## Notes to the Financial Statements - continued
for the Year Ended 31 August 2021
1. ACCOUNTING POLICIES - continued
## Tangible fixed assets
Residual value represents the estimated amount which would currently be obtained from disposal of an asset after deducting estimated costs of disposal, if the asset were already at an age and in the condition expected at the end of its estimated useful life.
The gain or loss arising on the disposal of an asset is determined on the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.
## Taxation
The charity is exempt from corporation tax on its charitable activities.
## Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Pension costs and other post-retirement benefits
The Trust operates a defined contribution pension scheme. Contributions payable to the Trust's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## Financial instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
All financial assets and liabilities are initially measured at transaction price (including transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
The following assets and liabilities are classified as basic financial instruments - other debtors, cash and bank balances and other creditors.
Other debtors, cash and bank balances and other creditors are measured at the amortised cost equivalent to the undiscounted amount of cash or other consideration expected to be paid or received.
## Impairment of assets
Assets are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit and loss as described below.
## Non financial assets
An asset is impaired when there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.
## Financial assets
For financial assets carried at cost less impairment, the impairment loss is the difference between the asset's carrying amount and the best estimate of the amount that would be received for the asset if it were sold at the reporting date.
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continued...
The Universities’ Chaplaincy in Leeds
Trust
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
41. ACCOUNTING POLICIES - continued
,
## Impairment of assets
Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had the impairment loss not been recognised.
2. OTHER TRADING ACTIVITIES
|2.|OTHER TRADINGTRADING ACTIVITIES||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||£|£|
||Room letting||||-|143|
||Teaching income||||2,700|3,600|
||||||2,700|3,743|
|3.|INVESTMENTINCOME||||||
||||||2021|2020|
||||||£|£|
||Deposit account interest||||129|430|
|4.|CHARITABLE ACTIVITIES COSTS||||||
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 5)|Totals|
|||||Z|s|£|
||Charitable activities costs|||33,931|30,895|64,826|
||Governance costs|||-|7,723|(23|
|||||33,931|38,618|72,549|
|5.|SUPPORTCOSTS||||||
|||~|Information|Human|Governance||
||||technology|resources|costs|Totals|
||||e|£|F|£|
||Charitable activities costs||504|25,925|4,466|30,895|
||Governance costs||126|6,480|417|7,723|
||||630|32,405|5,583|38,618|
Activity Basis of allocation Information technology Allocation based on time spent Human resources Allocation based on time spent Governance costs Allocation based on time spent
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continued...
The Universities’ Chaplaincy in Leeds Trust
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
## 5. SUPPORT COSTS - continued Support costs, included in the above, are as follows:
||||2021|2020|
|---|---|---|---|---|
||Charitable||||
||activities
costs|Governance
costs|Total
activities|Total
activities|
||£|£|£|£|
|Computer costs|504|126|630|612|
|Wages|24,646|6,161|30,807|29,539|
|Social security|(570)|(143)|(713)|713|
|Pensions|1,849|462|2,311|2,215|
|Accountancy fees|3,024|756|3,780|3,480|
|Legal fees|1,442|361|1,803|1,840|
||30,895|7,723|38,618|38,399|
## 6. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|||||2021|2020|
|---|---|---|---|---|---|
|||||£|£|
|Depreciation|-|owned|assets|7,760|7,592|
7. TRUSTEES' REMUNERATION AND BENEFITS
‘There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.
## Trustees’ expenses
There were no_ trustees’ expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.
## 8. STAFF COSTS
The average monthly number of employees during the year was as follows:
||2021|2020|
|---|---|---|
|Charitable
Governance|5
1|5
1|
||6|6|
## No employees received emoluments in excess of £60,000.
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The Universities' Chaplaincy in Leeds Trust
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
|9.|FEES FOR EXAMINATION OF THEACCOUNTS|||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||£|£|
||Independent examiner's fees for reporting on the accounts|||1,320|1,200|
||Accountancy services|||2,460|2,280|
|10.|TANGIBLE FIXED ASSETS|||||
||||Fixtures|||
||||and|Computer||
||||fittings|equipment|Totals|
||||£|£|2|
||COST|||||
||At 1 September 2020||3,126|26,404|29,530|
||Additions||-|2,434|2,434|
||At 31 August 2021||3,126|28,838|31,964|
||DEPRECIATION|||||
||At 1 September 2020|>|1,915|16,663|18,578|
||Charge foryear||242|7,518|7,760|
||At 31 August 2021||2,157|24,181|26,338|
||NET BOOKVALUE|||||
||At 31 August 2021||969|4,657|5,626|
||At 31 August 2020||1,211|9,741|10,952|
|11.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONEYEAR|||||
|||||2021|2020|
|||||1S|a|
||Otherdebtors|||453|-|
|12.|CREDITORS: AMOUNTS FALLING DUEWITHIN ONEYEAR|||||
|||||2021|2020|
|||||£|£|
||Social security and othertaxes|||-|776|
||Other creditors|||3,850|3,860|
||Deferred income|||2,008|7,008|
||Accrued expenses|||3,792|3,109|
|||||9,650|14,753|
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The Universities’ Chaplaincy in Leeds Trust
## Notes to the Financial Statements - continued for the Year Ended 31 August 2021
|13.|MOVEMENT IN FUNDS||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
|||At 1.9.20||in funds|funds|31.8.21|
|||£||£|£|£|
||Unrestricted funds||||||
||General fund|82,653||50,919|(37,840)|95,732|
||Restricted funds||||||
||Restricted funds||-|(37,840)|37,840|-|
||TOTALFUNDS|82,653||13,079|-|95,732|
||Netmovement in funds, included in the above|areas|follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||£|£|£|
||Unrestricted funds||||||
||General fund|||76,945|(26,026)|50,919|
||Restricted funds||||||
||Restricted funds|||8,683|(46,523)|(37,840)|
||TOTAL FUNDS|||85,628|(72,549)|13,079|
||Comparatives formovement in funds||||||
|||||Net|Transfers||
|||||movement|between|At|
|||At 1.9.19||in funds|funds|31.8.20|
|||£||£|£|£|
||Unrestricted funds||||||
||General fund|81,280||47,750|(46,377)|82,653|
||Restricted funds||||||
||Restricted funds||-|(46,377)|46,377|-|
||TOTALFUNDS|81,280||1,373|-|82,653|
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The Universities’ Chaplaincy in Leeds Trust
## Notes to the Financial Statements - continued for the Year Ended 31 August 2021
## 13. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|73,999|(26,249)|47,750|
|Restricted|funds|
|Restricted|funds|8,426|(54,803)|(46,377)|
|TOTAL FUNDS FUNDS|82,425|(81,052)|1,373|
**----- End of picture text -----**
## TOTAL FUNDS FUNDS
£37,840 (2020: £46,377) was transferred from the general fund to the restricted fund to make up the shortfall on the fund.
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2021.
15. CAPITAL
The company is limited by guarantee and has no share capital.
The liability of the members in the event of a winding up is limited to £10 per member.
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