## ## |||||Page| |---|---|---|---|---| |Reference and Administrative|||Details ofthe College, its Trustees and Advisers|| |Trustees' Report||||2-16| |Independent|Auditors'|Report|on the Financial Statements|17-20| |Consolidated|Statement|of Financial Activities||21| |Consolidated|Balance Sheet|||22| |College Balance Sheet||||23 - 24| |Consolidated|Statement|ofCash Flows||25| |Notes to the|Financial Statements|||26-47| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Restricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds|funds|funds|funds| ||||Note|2022|2022
2|2022
2|2021f| |Income from:|||||||| |Grants received||||47,134|1,452,993|1,500,127|384,519| |Charitable
activities||||17,128|278,200|295,328|25,949| |Other trading
activities|||||382,739|382,739|4,366| |Investments|||||144|144|2, 151| |Total income||||64,262|2,114,076|2,178,338|416,985| |Expenditure
on:|||||||| |Raising funds|||8||150,986|150,986|20, 171| |Charitable
activities|||9|197,873|2,280,647|2,478,520|1,708,985| |Total expenditure||||197,873|2,431,633|2,629,506|1,729, 158| |Net expenditure|before taxation|||(133,611)|(317,557)|(451,168)|(1,312,171)| |Taxation|||||||(1,530)| |Net movement
in funds||||(133,611)|(317,557)|(451,168)|(1,313,701)| |Reconciliation
offunds:|||||||| |Total funds brought||forward||133,611|2,541,818|2,675,429|3,989,130| |Net movement
in|funds|||(133,611)|(317,557)|(451,168)|(1,313,701)| |Total funds carried forward|||||2,224,261|2,224,261|2,675,429| ## |||||Note||2022
2||2021f| |---|---|---|---|---|---|---|---|---| |Fixed assets||||||||| |Tangible assets
Investments||||14
15||113,702
12,635||133,212
12,635| |||||||126,337||145,847| |Current assets||||||||| |Stocks||||16|45,444||16,075|| |Debtors||||17|1,424,916||434,438|| |Cash at bank and in hand|||||1,170,900||2,270,205|| ||||||2,641,260||2,720,718|| |Creditors: amounts
year|falling||due within one|18|(564,863)||(212,679)|| |Net current assets||||||2,076,397||2,508,039| |Total assets less current|||liabilities|||2,202,734||2,653,886| |Net assets excluding||pension asset||||2,202,734||2,653,886| |Totalnet assets||||||2,202,734||2,653,886| |Charity funds
Restricted funds||||20||||133,611| |Unrestricted
funds||||20||2,202,734||2,520,275| |'Total funds||||||2,202,734||2,653,888| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Property improvements|87years| |---|---| |Plant and machinery|5-15years| |Motor vehicles|5-10years| |Furniture|15years| |Library books|20 years| |Computers|5years| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Restricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds
2022
8|funds
2022
8|funds
2022
8|funds
2021f| |Grants|||||||| |Grants from|the University||of Evansville||1,386,623|1,386,623|| |Government|grants||||||| |Coronavirus
Job Retention Scheme
Kickstarter
grant
Culture
Recovery Fund grant
Grants from University
of Evansville||||47,134|19,175
15,188
32,007|19,175
15,188
32,007
47,134|361,230
9,429
13,860| |||||47,134|1,452,993|1,500,127|384,519| ## ## |||||Restricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds|funds|funds|funds| |||||2022|2022|2022|2021| |||||f||2|| |Semester fee income, summer||programs|and||||| |student|travel||||278,200|278,200|6,039| |Provision of facilities for students|||||||782| |Land fund||||17,128||17,128|17,126| |||||17,128|278,200|295,328|25,949| ## ## |||||Unrestricted|Total|Total| |---|---|---|---|---|---|---| |||||funds|funds|funds| |||||2022
2|2022
2|2021f| |Harlaxton|Manor|Enterprises|Limited|382,739|382,739|4,366| ## |||Unrestricted|Total|Total| |---|---|---|---|---| |||funds|funds|funds| |||2022|2022|2021| |||2|2|| |Interest|received|144|144|2,151| ## ## ## |||Unrestricted|Total|Total| |---|---|---|---|---| |||funds|funds|funds| |||2022|2022|2021| |||2|2|| |Cost of sales
Administration|expenses|116,918
34,068|116,918
34,068|5,672
14,498| |||150,986|150,986|20,171| ## ## ## |||||Restricted|Unrestricted||| |---|---|---|---|---|---|---|---| |||||funds
2022|funds
2022|Total
2022|Total
2021| |||||2|2|2|| |Operation
of
Preservation||study centre
of Harlaxton|Manor|197,873|2,280,647|2,280,647
197,873|1,672,581
38,404| |||||197,873|2,280,647|2,478,520|1,708,885| ## ## ## ||||Staff costs|Depreciation|Other costs|Total|Total| |---|---|---|---|---|---|---|---| ||||2022|2022|2022|2022|2021| ||||2|2|2|2|| |Operation|of|study centre|891,098|33,505|1,356,044|2,280,647|1,672,581| |Preservation||of Harlaxton|||||| |Manor|||||197,873|197,873|36,404| ||||891,098|33,505|1,553,917|2,478,520|1,708,985| |Total 2021|||997,084|40,758|671,143|1,708,985|| ## |||||Activities|||| |---|---|---|---|---|---|---|---| |||||undertaken|Support|Total|Total| |||||directly|costs|funds|funds| |||||2022
2|2022
2|2022f|2021| |Operation|of|study centre||2,276,448|4,199|2,280,647|1,672,581| |Preservation||of Harlaxton|Manor|197,873||197,873|36,404| |||||2,474,321|4,199|2,478,520|1,708,985| |Total 2021||||1,708,985||1,708,985|| ## ## ## |||Preservatio||| |---|---|---|---|---| ||Operation
of study
centre
2022|n of
Harlaxton
Manor
2022|Total
funds
2022|Total
funds
2021| ||2|2|2|| |Staff costs
Depreciation
Administration
General expenses
Faculty and tuition
Student affairs
Library services
Physical plant
Utilities
Housekeeping
Gardens
and grounds
Transport
Security
Catering
Summer programs|891,098
33,505
52,968
170,143
24,372
135,263
64,033
317,693
27,705
17,436
10,109
111
478,445
10,944||891,098
33,505
52,968
170,143
24,372
135,263
64,033
317,693
27,705
17,436
10,109
111
478,445
10,944|997,084
40,758
4,617
86,548
(1,200)
21
29,270
97,262
189,415
4,488
10,872
8,491
1,555
23,255
559| |Laundry service
Expenditure
- U o E
Land fund
Governance costs|42,623|197,873|197,873
42,623|128,145
36,404
51,440| ||2276 448|197,873|2,474,321|1,708,985| ## ## |||||2022f|2021| |---|---|---|---|---|---| |Fees payable to the College's|auditor|for the audit of the College's|annual||| |accounts||||11,000|13,000| |Fees payable to the College's|auditor|in respect of:|||| |Audit services of the subsidiary|company|||5,000|5,000| |Taxation compliance
services||||2,250|1,100| |All non-audit services not included
above||||5,826|5,400| ## ||||||Group|Group|College|Co//ege| |---|---|---|---|---|---|---|---|---| ||||||2022
2|2021
f|2022
8|2021| |Wages and|salades||||770,498|897,063|770,498|897,063| |Social security costs|||||52,380|54,067|52,380|54,067| |Contribution|to defined||contribution|pension||||| |schemes|||||68,220|45,954|68,220|45,954| ||||||891,098|997,084|891,098|997,084| |The average|number|of|persons employed||by the College during|the year was as follows:||| ||||||Group|Group|College|Co//ege| ||||||2022|2021|2022|2021| ||||||No.|No.|No.|No.| |Management|and administration||||13|14|13|14| |Faculty|||||5|5|5|5| |House Keeping and||estate|||22|20|22|20| |Catering and|events|||||2|3|2| ||||||43|41|43|41| ## ## |||00I-|W|CD
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CC| ## ## ||||Unlisted| |---|---|---|---| ||||investments| |Group|||2| |Cost or valuation|||| |At 1 May 2021|||12,633| |At 30 April 2022|||12,633| |Net book value|||| |At 30 April 2022|||12,633| |At 30April 2021|||12,633| ||Investments||| ||in||| ||subsidiary|Unlisted|| ||companies|investments|Total| |College|6|E|2| |Cost or valuation|||| |At 1 May 2021|2|12,633|12,635| |At 30 April 2022|2|12,633|12,635| |Net book value|||| |At 30 April 2022|2|12,633|12,635| |At30April 2021|2|12,833|12,635| ## ## |Class of|Holding| |---|---| |shares|| |Ordinary|100%| |Name||||Income
2|Expenditure
2|Profit/(Loss)
/ Surplus/|Net assets
2| |---|---|---|---|---|---|---|---| |||||||(Deficit) for|| |||||||the year|| |||||||2|| |Harlaxton|Manor|Enterprises|Limited|414,746|253,855|160,911|21,545| ## ## ||Group|Group|College|Col/ege| |---|---|---|---|---| ||2022|2021|2022|2021| ||2||2|| |Consumables|78,493|44,907|45,444|16,075| ## |||Group|Group|College|Col/ege| |---|---|---|---|---|---| |||2022f|2021f|2022
2|2021| |Due within one year|||||| |Trade debtors||18,117|6,825|540|| |Amounts
owed by|group undertakings|||262,507|4,049| |Due from University|of Evansville|1,025,695|385,634|1,025,695|365,834| |Prepayments
and accrued income||87,173|64,757|87,171|64,755| |Tax recoverable|||370||| |Other debtors||49,003||49,003|| |||1,179,988|437,588|1,424,916|434,438| ## ||||Group|Group|College|Co//ege| |---|---|---|---|---|---|---| ||||2022
2|2021f|2022
2|2021| |Trade creditors|||211,777|135,074|204,051|130,550| |Other taxation|and social security||50,407|18,669|21,887|15,997| |Other creditors|||4,612|8,276|4,612|8,276| |Accruals
and deferred||income|467,695|114,432|334,313|57,856| ||||734,491|274,451|564,863|212,679| ## ||||Group
2022|Group
2021|College
2022|College
2021| |---|---|---|---|---|---|---| ||||2||2|| |Deferred
income at 1 May 2021
Resources deferred
during the year|||47,676
372,864|15,398
47,678|308,702|| |Amounts|released from previous|periods|(47,676)|(15,398)||| ||||372,864|47,876|308,702|| ## ||||Group
2022
2|Group
2021f|College
2022
2|Co//ege
2021| |---|---|---|---|---|---|---| |Financial assets||||||| |Financial
through|assets measured
at fair value
income and expenditure||12,633|12,833|12,633|12,833| ## |Statement
|offunds -current|year|||||| |---|---|---|---|---|---|---|---| ||||||||Balance at| |||Balance at 1
May 2021
2|Income
2|Expenditure
2|Transfers
in/out
2||30April
2022
f| |Unrestricted|funds||||||| |Harlaxton
College||2,520,277|1,699,330|(2,177,798)|160,911||2,202,720| |Harlaxton
Manor Enterprises
Limited||21,543|414,746|(253,835)|(160,911)||21,543| |||2,541,820|2,114,076|(2,431,633)|||2,224,263| |Restricted|funds||||||| |Preservation
Manor|of Harlaxton|133,611|64,262|(197,873)|||| |Total offunds||2,675,431|2,178,338|(2,629,506)|||2,224,263| ## ## ## ## ## |Summary
offunds - prior year||||| |---|---|---|---|---| ||Balance at
1 Ma)r 2020|Income|Expenditure
f|Balance at
30April 2021
f| |General funds
Restdcted funds|3,756,522
152,887|436,332
17,128|(1,651,034)
(36,404)|2,541,820
133,611| ||3,909,409|453,460|(1,687438)|2,875,431| |Analysis of net assets between funds -current ye|ar|| |---|---|---| ||Unrestricted|Total| ||funds|funds| ||2022|2022| ||2|9| |Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year|113,702
12,633
2,832,419
(734,491)|113,702
12,633
2,832,419
(734,491)| ||2,224,263|2,224,263| ## |Analysis of net assets between
funds - prior|year||| |---|---|---|---| ||Restncted|Unrestricted|Total| ||funds|funds|funds| ||2021
2|2021|2021f| |Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year|133,611|133,212
12,633
2,670,428
(274,451)|133,212
12,633
2,804,037
(274,451)| ||133,611|2,541,820|2,675,431| ## ## ## ||||||||||Group|Group| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||2022
2|2021
f| ||Net expenditure
for the year (as per Statement||||||of Financial|Activities)|(451,168)|(1,313,701)| ||Adjustments|for:||||||||| ||Depreciation|charges|||||||33,505|40,758| ||Interest received||||||||(144)|(2,151)| ||Decrease/(increase)|||in stocks|||||(33,586)|7,871| ||Decrease/(increase)|||in debtors|||||(789,536)|1,915,450| ||Increase
in creditors||||||||494,709|41,437| ||Taxation|||||||||1,530| ||Net cash provided||by/(used||in) operating|activities|||(746,220)|891,194| |24.|Analysis of|cash and cash equivalents||||||||| ||||||||||Group|Group| ||||||||||2022
2|2021
f| ||Cash in hand||||||||1,573,938|2,321,544| ||Total cash and cash|||equivalents|||||1,573,938|2321,544| |25.|Analysis of|changes||in net debt||||||| |||||||||At 1 May||At 30April| |||||||||2021|Cash flows|2022| |||||||||2|2|2| ||Cash at bank|and in hand||||||2,321,544|(747,606)|1,573,938| |||||||||2,321,544|(747,606)|1,573,938| ## ## ##