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|`AdministrativeInformation`|`2-3`||
|`Trustees’AnnualReport`|`4-42`||
|`IndependentAuditors'Report`|`43`|`-46`|
|`ConsolidatedStatementofFinancialActivities`||`47`|
|`ConsolidatedBalanceSheet`||`48`|
|`CharityBalanceSheet`||`49`|
|`ConsolidatedCashflowStatement`||`50`|
|`NotestotheFinancialStatements`|`51`|
`-66`|
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y*AT
CHI OSE
WHO
LEADS
YOUR
lJ'¢
ithIE
WHO WIIL.YOU
Cllbo*4Z TO
LEAD ESSEX $117
Page 22
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## **� Crowe**
## **INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF UNIVERSITY OF ESSEX STUDENTS' UNION (CONTINUED)**
We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the timing of recognition of income and the override of controls by management. Our audit procedures to respond to these risks included enquiries of management, the Audit & Risk Committee about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, reviewing accounting estimates for biases, reviewing regulatory correspondence with the Charity Commission, and reading minutes of meetings of those charged with governance.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls.
We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.
## **Use of our report**
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's 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 charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
## **Crowe U.K. LLP**
Statutory Auditor R+ Building 2 Blagrave St Reading
## **Date 25 November 2024**
Crowe U.K. LLP is eligible to act as on auditor in terms of section 1212 of the Componies Act 2006.
Page 46
##
||`Note`|`Unrestricted`|`Restricted`|`Capital`||`Total`||`Total`||
|---|---|---|---|---|---|---|---|---|---|
|||`Income`|`Income`|`Grants`||`2024`||`2023`||
|`Incomeandendowmentsfrom:`||||||`£`||`£`||
|`DonationsandGrants:`||||||||||
|`Donations,UniversityGrant,etc.`||`2,454,989`|`402,728`||`-`|`2,857,717`||`2,853,818`||
|`Grantofservicedaccommodation`|`2c)`|`514,768`|`-`||`-`|`514,768`||`427,700`||
|`CJRSfurloughgrant`||`7`|`-`||`-`||`-`||`-`|
|`Othertradingactivities:`||||||||||
|`Advertisingandmedia`||`43,560`|`-`||`-`|`43,560`||`25,617`||
|`Investmentincome`||`108,985`|`-`||`-`|`108,985`||`19,608`||
|`Charitableactivitiesforstudents:`||||||||||
|`Bars,venuesandentertainments`||`1,326,539`|`-`||`-`|`1,326,539`||`1,817,429`||
|`Shopsandvending`||`2,700,666`|`-`||`-`|`2,700,666`||`2,525,365`||
|`Catering`||`612,599`|`-`||`-`|`612,599`||`659,240`||
|`Societies& clubs`||`11,378`|`190,357`||`-`|`201,735`||`182,807`||
|`Lettings`||`251,095`|`-`||`-`|`251,095`||`249,945`||
|`Otherincomeresources`||`43,222`|`-`||`-`|`43,222`||`6,176`||
|`Totalincome`||`8,067,801`|`593.085`||`-`|`_8,660,886`||`8,767,705`||
|`Expenditureon:`||||||||||
|`Costsofraisingfunds:`||||||||||
|`Financecosts`||`8,784`|`-`||`-`|`8,784`||`6,558`||
|`Charitableactivitiesforstudents:`||||||||||
|`Representationandcampaigns`||`1,290,833`|`1,335`||`-`|`1,292,168`||`1,434,182`||
|`Advice& welfare`||`410,216`|`37,963`||`-`|`448,179`||`389,571`||
|`Volunteering`||`99,795`|`-`||`-`|`99,795`||`136,162`||
|`Activities,clubsandsocieties`||`367,614`|`517,051`||`-`|`884,665`||`746,572`||
|`Bars,venturesandentertainments`||`1,521,366`|`-`||`-`|`1,521,366`||`2,287,921`||
|`Catering`||`595,899`|`-`||`-`|`595,899`||`643,463`||
|`Shopsandvending`||`2,540,400`|`-`||`-`|`2,540,400`||`2,446,650`||
|`Lettings`||`230,083`|`-`||`-`|`230,083`||`316,738`||
|`Totalexpenditure`|`4-T`|`_7,064,990`|`__556,349`||`=`|`2,621,339`||`_8,407,817`||
|`Netincome!(expenditure)`||`1,002,811`|`36,736`||`-`|`1,039,547`||`359,888`||
|`Transfersbetweenfunds:`||||||||||
|`Capitalgrantamortisationand`|`14`|`43,788`|`(50,000)`|`6.212`|||`-`||`.`|
|`impairment`||||||||||
|`Netmovementinfunds`||`1,046,599`|`(13,264)`|`6,212`||`1,039,547`||`359,888`||
|`Fundbalancesbroughtforward`||`(91,179)`|`389,938`|`200,772`||`499,531`||`139,643`||
|`Fundbalancescarriedforward`||`955,420`|`376,674`|`_206,984`||`_1,539,078`||`_499,531`||
##
##
||||`2024`|`2023`||
|---|---|---|---|---|---|
|||`£`|`£`|`£`|`£`|
||`Notes`|||||
|`Fixedassets`||||||
|`Tangiblefixedassets`|`8`||`355,886`||`417,202`|
|`Currentassets`||||||
|`Stocksinbars,shops& otheroutlets`|`10`|`178,584`||`175,428`||
|`Debtors& prepayments`|`11`|`167,651`||`157,777`||
|`Cashatbank& inhand`||`2,011,958`||`1,879,730`||
|||`2,358,193`||`2,212,935`||
|`Currentliabilities`||||||
|`Creditors:Amountsduewithinoneyear`|`12`|`(1,175,002)`||`(1,282,989)`||
|`Netcurrentassets`|||`1,183,192`||`929,946`|
|`Netassetsexcludingpensionliability`|||`1,539,078`||`1,347,148`|
|`DefinedBenefitpensionschemeliability`|||`-`||`(847,617)`|
|`Totalnetassets`|||`1,539,078`|`—`
`499,531`||
|`RepresentingCharitableFunds:-`||||||
|`CapitalGrantsFund`||||||
|`UniversityGrantforRefurbishment`|`13`||`206,984`||`200,772`|
|`RestrictedIncomeFunds`|`14`||`376,674`||`389,938`|
|`UnrestrictedIncomeFunds`|`15`||`955,420`||`(91,179)`|
|`TotalFunds`|`16`||`—1,539,078`||`499,531`|
##
##
||||`2024`||`2023`|
|---|---|---|---|---|---|
|||`£`|`£`|`£`|`£`|
||`Notes`|||||
|`Fixedassets`||||||
|`Tangiblefixedassets`|`8`||`355,886`||`417,202`|
|`Investments`|`9`||`3`||`3`|
||||`355,889`||`417,205`|
|`Currentassets`||||||
|`Stocksinbars,shops& otheroutlets`|`10`|`148,568`||`145,450`||
|`Debtors& prepayments`|`1`|`214,080`||`408,895`||
|`Cashatbank& inhand`||`1,892,241`||`1,572,697`||
|||`2,254,889`||`2,127,042`||
|`Currentliabilities`||||||
|`Creditors:Amountsduewithinoneyear`|`12`|`(1,082,718)`||`(1,194,521)`||
|`Netcurrentassets`|||`1,172,171`||`932,521`|
|`Netassetsexcludingpensionscheme`|||`1,528,060`||`1,349,726`|
|`liability`||||||
|`DefinedBenefitpensionschemeliability`|||`:`||`(847,617)`|
|`Totalnetassets`|||`1,528,060`||`___502,109`|
|`RepresentingCharitableFunds:- `||||||
|`CapitalGrantsFund`||||||
|`UniversityGrantforRefurbishment`|`13`||`206,984`||`200,772`|
|`RestrictedIncomeFunds`|`14`||`376,674`||`389,938`|
|`UnrestrictedIncomeFunds`|`15`||`944,402`||`(88,601`|
|`TotalFunds`|`16`||`—1,528,060`||`502,109`|
##
##
|||`2024`||`2023`|
|---|---|---|---|---|
|||`£`||`£`|
|`Cashflowsfromoperatingactivities:`|||||
|`Netincoming`
`/(outgoing)resources`||`1,039,547`||`359,888`|
|`Interestreceivable`||`(108,985)`||`(19,608)`|
|`Interestpayable`||`8,784`||`6,558`|
|`Capital grantmovement`||`-`||`(69,863)`|
|`Depreciation`||`128,495`||`113,000`|
|`Impairment`|||||
|`(Increase)/ decreaseinstock`||`(3,156)`||`(15,890)`|
|`(Increase)/ decreaseindebtors`||`(9,874)`||`62,438`|
|`(Decrease)`
`/increaseinpensionliability`||`(847,617)`||`(164,718)`|
|`(Decrease)`
`/increaseincreditors`||`(107,988)`||`(43,531)`|
|`Netcashprovidedbyoperatingactivities`||`99,206`||`228,274`|
|`Cashflowsfrominvestingactivities`|||||
|`Interestreceivable`||`108,985`||`19,608`|
|`Interestpayable`
`Capitalgrantsreceived`||`(8,784)`
`-`||`(6,558)`
`69,863`|
|`Purchaseoftangiblefixedassets`||`(67,179)`||`(160,992)`|
|`Netcashprovided/ (usedin)byinvestingactivities`||`33,022`||`(78,079)`|
|`Cashflowsfromfinancingactivities`|||||
|`Financeleasesrepayments`|||||
|`Financeleaseinterest`|||||
|`Netcash(usedin)financingactivities`|||||
|`Changeincashandcashequivalentsintheyear`||`132,228`||`150,195`|
|`Cashandcashequivalentsatthebeginningoftheyear`||`1,879,730`||`1,729,535`|
|`Totalcashandcashequivalentsattheendoftheyear`|`—2,011,958`||`1,879,730`||
|`Analysisofcashandcashequivalents:`|||||
|||`2024`||`2023`|
|||`£`||`£`|
|`CashatBank`||`2,011,958`|`_`|
`1,879,730`|
|`AnalysisofNetFunds`|||||
||`AttheStart`|
`Cashflows`|`Attheend`||
||`oftheyear`||`oftheyear`||
|`Cash`|`1,879,730`|`132,228`||`2,011,958`|
||`—1879,730`|
`132.228`|`_2011,958`||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||`Costof`||`Staff`||`Rent& `||`Other`|`Costs`||
|---|---|---|---|---|---|---|---|---|---|
||`Sales`||`Costs`||`Premises`||||`Total`|
||`£`||`£`||`£`||`£`||`£`|
|`Financecosts`||`-`||`-`||`-`||`8,784`|`8,784`|
|`Charitableactivities`||||||||||
|`Representation& `||||||||||
|`campaigns`||`-`|`918,512`||`118,951`||`253,370`||`1,290,833`|
|`Advice& welfare`||`-`|`332,236`||`22,829`|||`55,151`|`410,216`|
|`Volunteering`||`-`|`-13,755`||`71,026`||`42,524`||`99,795`|
|`Activities,clubsand`||||||||||
|`societies`||`-`|`306,321`|||`-`||`61,293`|`367,614`|
|`Bars,venuesand`||||||||||
|`entertainments`|`444,185`||`460,220`||`181,284`||`435,677`||`1,521,366`|
|`Catering`|`243,197`||`191,380`||`73,975`|||`87,347`|`595,899`|
|`Shopsandvending`|`1,800,002`||`485,549`||`111,182`||`143,667`||`2,540,400`|
|`Lettings`||`-`|`169,993`||`13,784`|||`46,306`|`230,083`|
|`RestrictedFunds`||`-`|`37,325`|||`:`|`519,024`||`556,349`|
|`Totalcosts`|`—2,487,384`||`2,887,781`||`593,031`||`1,653,143`||`7,621,339`|
|`2023`|`CostofSales`||`Staff`||`Rent& `||`Other`|`Costs`||
||||`Costs`||`Premises`||||`Total`|
||`£`||`£`||`£`||`£`||`£`|
|`Financecosts`||`-`||`-`||`-`||`6,558`|`6,558`|
|`Charitableactivities`||||||||||
|`Representation& `||||||||||
|`campaigns`||`-`|`974,253`||`138,350`||`246,965`||`1,359,568`|
|`Advice& welfare`||`-`|`188,275`||`23,867`|||`22,402`|`234,544`|
|`Volunteering`||`-`|`52,832`||`44,194`|||`33,714`|`130,740`|
|`Activities,clubsand`||||||||||
|`societies`||`-`|`257,717`|||`-`||`45,840`|`303,557`|
|`Bars,venuesand`||||||||||
|`entertainments`|`655,141`||`887,717`||`153,177`||`479,831`||`2,175,866`|
|`Catering`|`263,201`||`261,169`||`36,006`|||`78,683`|`639,059`|
|`Shopsandvending`|`1,723,680`||`506,499`||`79,033`||`129,064`||`2,438,276`|
|`Lettings`||`-`|`215,997`||`29,908`|||`67,164`|`313,069`|
|`RestrictedFunds`||`:`|`190,304`|||`=`|`616,276`||`806,580`|
|`Totalcosts`|`2,642,022`||`3,534,763`||`504,535`||`1,726,497`||`8,407,817`|
##
##
##
|||`Rent& `|||
|---|---|---|---|---|
||`Staff`|`Premises`|`Other`|`Total`|
||`£`|`£`|`£`|`£`|
|`Charitableactivities`|||||
|`Representation& campaigns`
`Advice& welfare`
`Volunteering`|`(23,036)`
`(4,422)`
`(13,755)`|`118,951`
`22,830`
`71,026`|`71,218`
`13,669`
`42,524`|`167,133`
`32,077`
`99,795`|
|`Activities,clubs andsocieties`|||||
|`Bars,venuesandentertainments`
`Catering`
`Shopsandvending`
`Lettings`|`(14,535)`
`(7,240)`
`(5,517)`
`2,022`|`171,238`
`67,101`
`97,811`
`13,784`|`122,691`
`46,404`
`73,096`
`13,333`|`279,394`
`106,265`
`165,390`
`29,139`|
|`Totals`|`—(66,483)`|`562,741`|`382,935`|`879,193`|
|`2023`||`Rent& `|||
||`Staff`|`Premises`|`Other`|`Total`|
|`Charitableactivities`|`£`|`£`|`£`|`£`|
|`Representation& campaigns`
`Advice& welfare`
`Volunteering`
`Activities,clubsandsocieties`|`165,391`
`28,532`
`52,832`|`138,350`
`23,867`
`44,194`|`105,541`
`18,207`
`33,714`|`409,282`
`70,606`
`130,740`|
|`Bars,venuesandentertainments`
`Catering`
`Shopsandvending`
`Lettings`|`251,140`
`62,071`
`118,012`
`51,702`|`145,275`
`35,906`
`68,265`
`29,908`|`126,458`
`31,255`
`59,423`
`26,034`|`522,873`
`129,232`
`245,700`
`107,644`|
|`Totals`|`__729,680`|`485,765`|`—400,632`|`1,616,077`|
##
##
##
|`StaffCosts`|||
|---|---|---|
||`2024`|`2032`|
||`£`|`£`|
|`Wagesandsalaries`|`3,163,208`|`3,137,621`|
|`Socialsecurity`|`248,801`|`239,284`|
|`Pensioncosts`|`(537,702)`|`132,989`|
|`Otherstaffcosts`|`13,474`|`24,849`|
||`—2,887,781`|`__3,534,763`|
|`Thenumberofemployeeswhoseemolumentsexceeded£60,000was:`|||
||`2024`|`2023`|
||`No.`|`No.`|
|`£60,000- £70,000`|`1`|`1`|
|`£70,000- £80,000`|`3`|`2`|
|`£90,000- £100,000`|`1`|`i`|
|`Theaveragestaffingwasasfollows:`|||
|`Fulltime`|`81`|`88`|
|`Students— termtimeonly`|`158`|`178`|
|`Students— outofterm`|`_____36`|`34`|
|`ThestaffingbyFTEwasasfollows:`|||
|`Fulltime`|`76`|`81`|
|`Students— termtimeonly`|`45`|`_54`|
##
##
##
|`OLUWANIFEMIWILSON-ADU`|`29,495`|
|---|---|
|`JOSEPHHOLMES`|`29,098`|
|`QURATULAINMUZAMMIL`|`21,189`|
|`KIERANPHILLIPS`|`25,152`|
|`TSZHOWONG`|`22,275`|
|`JOARBLUME-ROBERTSSON`|`22,509`|
|`MARIUMMASROOR`|`20,322`|
|`LILY-MAYCAMERON`|`2,518`|
|`IANLAU`|`2,195`|
|`GUILHERMECERQUEIRABANARI`|`2,195`|
##
##
##
|||`Fixtures,`|||
|---|---|---|---|---|
||`Building`|`fittingsand`|||
||`Refurbishment`|`equipment`||`Total`|
||`£`|`£`||`£`|
|`Cost`|||||
|`At1 August2023`|`1,043,308`|`871,713`||`1,915,021`|
|`Additions`|`38,240`|`28,939`||`67,179`|
|`At31July2024`|`1,081,548`|`900,652`|`_`|`1,982,200`|
|`Depreciation`|||||
|`At1 August2023`|`915,902`|`581,917`||`1,497,819`|
|`Chargefortheyear`|`17,331`|`111,164`||`128,495`|
|`At31July2024`|`933,233`|`693,081,`||`1,626,314`|
|`NetBookValues`|||||
|`-at31July2024`|`148,315`|`207,571`||`355,886`|
|`-at31July2023`|`127,406`|`289,796`||`417,202`|
|`Investments— Charityonly`|||||
|||`2024`||`2023`|
|||`£`||`£`|
|`AtCost`|||||
|`InvestmentinUESULimited`||`1`||`1`|
|`InvestmentinEssexStudentLetsLimited`||`1`||`1`|
|`InvestmentinSUHomesLimited`||`1`||`1`|
|||`|`||`3`|
##
##
##
||`UESULtd`
`RegNo07321517`|`UESULtd`
`RegNo07321517`|`EssexStudentLetsLtd`
`RegNo07413547`|`EssexStudentLetsLtd`
`RegNo07413547`|
|---|---|---|---|---|
||`2024`|`2023`|`2024`|`2023`|
||`£`|`if`|`£`|`£`|
|`TradingSubsidiaries`|||||
|`Turnover`
`Costofsales`|`709,401`
`(175,683)`|`915,788`
`(282,358)`|`251,095`
`-`|`249,945`
`:`|
|`Grossprofit`|`533,718`|`633,430`|`251,095`|`249,945`|
|`Administrativeexpenses`|`(533.718)`|`(612,333)`|`(223.827)`|`(242,535)`|
|`Netprofit/ (loss)`|`:`|`21,097`|`27.268`|`7.410`|
|`Retainedearnings`|`:`|`13,674`|`27,268`|`7,410`|
|`10.`|`Stocks`|`Group`
`£`|`2024`|`Charity`
`£`|`Group`
`£`|`2023`|`Charity`
`£`|
|---|---|---|---|---|---|---|---|
||`Stocks`|`178,584`|`—`|`148,568`|`_175,428`|`—_145,448`||
|`11.`|`Debtors`||`2024`|||`2023`||
|||`Group`
`£`||`Charity`
`£`|`Group`
`£`||`Charity`
`£`|
||`Tradedebtors`
`Otherdebtors`
`Prepayments& accruedincome`
`Intercompanydebtors`|`15,928`
`90,621`
`61,102`
`-`||`9,430`
`89,860`
`36,060`
`78,730`|`20,343`
`6,566`
`130,868`
`-`||`14,010`
`6,566`
`116,109`
`272,210`|
|||`162,651`|`214080`||`_157,777`|`__`|`408,895`|
##
##
##
|||||||
|---|---|---|---|---|---|
|`Creditors:Amountsdue`||`2024`|`2023`|||
|`withinoneyear`||||||
||`Group`|`Charity`|`Group`|`Charity`||
||`£`|`£`|`£`|`£`||
|`Tradecreditors`|`712,170`|`711,642`|`359,661`|`359,501`||
|`Socialsecurity& othertaxes`|`248,430`|`242,295`|`240,955`|`247,117`||
|`Othercreditors`|`108,132`|`26,795`|`115,385`|`24,464`||
|`Accrualsanddeferredincome`|`106,271`|`101,986`|`566,988`|`563,439`||
||`1,175,002`|`1,082,718`|`1,282,989`|`1,194,521`||
|`CapitalGrantsFund`|||`2024`|`2023`||
||||`£`|`£`||
|`At1 August2023`|||`200,772`|`172,283`||
|`Receivedinyear`|||`-`|`69,863`||
|`Transferbetweenfunds(restricted)`|||`50,000`||`-`|
|`Impairment`||||||
|`Amortisation(viatransferbetween`|`funds- unrestricted)`||`(43,788)`|`(41,374)`||
|`Balanceat31July2024`|||`206,984`|`200,772`||
##
##
##
|`14.`|`RestrictedFunds— 2024`|`Brought`||||`Expend-`|||`Carried`|
|---|---|---|---|---|---|---|---|---|---|
|||`Forward`||`Income`||`iture`|`Transfers`||`Forward`|
|||`£`||`£`||`£`||`£`|`£`|
||`Funds:`|||||||||
||`Sports& SocietyEquipment`|`27,532`||`-`||`(667)`||`-`|`26,865`|
||`Reserve`|||||||||
||`Sports& SocietyRestrictedFunds`|`276,831`||`190,356`||`(188,709)`||`-`|`278,478`|
||`StudentExperienceFund`|`202`||`-`||`(202)`||`-`|`-`|
||`EssexSportBoard`|`95`||`320,977`||`(321,072)`||`-`|`-`|
||`SundryOtherFunding`|`22,492`||`11,751`||`(6,400)`||`-`|`27,843`|
||`HardshipFund`|`55,947`||`-`||`2,037`||`(20,000)`|`37,984`|
||`VolunteeringProjectFund`|`5,504`||`-`||`-`||`-`|`5,504`|
||`CostofLivingFund`|`-`||`70,000`||`(40,000)`||`(30,000)`|`-`|
||`CommunityActivities& `|||||||||
||`EventsFund`|`1,335`||`-`||`(1,335)`||`-`|`-`|
|||`_389,938`||`_593,085`||`_(556,349)`||`(50,000)`|`376,674`|
|`14.`|`RestrictedFunds— 2023`|`Brought`||||`Expend-`|||`Carried`|
|||`Forward`||`Income`||`iture`||`Transfers`|`Forward`|
|||`£`||`£`||`£`||`£`|`£`|
||`Funds:`|||||||||
||`Sports& SocietyEquipment`
`Reserve`|`28,170`|||`-`|`(637)`||`-`|`27,533`|
||`Sports& SocietyRestrictedFunds`|`247,083`||`175,001`||`(145,253)`||`-`|`276,831`|
||`StudentExperienceFund`
`EssexSportBoard`
`SundryOtherFunding`
`HardshipFund`|`51,531`
`95`
`29,882`
`10,763`|
|`795`
`294,814`
`(5,077)`
`50,000`|
|`(52,124)`
`(294,814)`
`(2,313)`
`(1,416)`||`-`
`-`
`-`
`(3,400)`|`202`
`95`
`22,492`
`55,947`|
||`VolunteeringProjectFund`
`CostofLivingFund`|`5,504`|
`-`|`147,282`|`-`
|`-`
`(150,682)`||`s`
`3,400`|`5,504`
`-`|
||`CommunityActivities& `|||||||||
||`EventsFund`|`1,334`||`5,518`||`(5,518)`||`-`|`1,334`|
||`WorldCupFund`||`-`|`75,000`||`(75,000)`||`-`|`-`|
||`Other GrantFunding`||`-`|`78,823`||`(78,823)`||`:`|`:`|
|||`374,362`||`_822,156`||`_(806,580)`|`_`|
`:`|`389,938`|
##
##
|`15.`|`UnrestrictedFunds`||||||||
|---|---|---|---|---|---|---|---|---|
|||`At1 August`||||||`At31July`|
|||`2023`|`Income`||`Expenditure`|`Transfers`||`2024`|
|||`£`|`£`||`£`|`£`||`£`|
||`Charity`|`(88,601)`|`7,107,305`||`(6,118,090)`|`43,788`||`944,402`|
||`Subsidiaryfunds`|`(2,578)`|`960,496`||`(946,900)`|`:`||`11,018`|
|||`——(91,179)`|`__8,067,801`|`_(7,064,990)`||`___43,788`||`___955,420`|
|||`At1 August`||||||`At 31July`|
|||`2022`|`Income`||`Expenditure`|`Transfers`||`2023`|
|||`£`|`£`||`£`|`£`||`£`|
||`Charity`|`(375,918)`|`6,709,953`||`(6,464,010)`|`41,374`||`(88,601)`|
||`Subsidiaryfunds`|`(31,084)`|`1,165,733`||`(1,137,227)`|`:`||`(2,578)`|
|||`(407,002)`|`7,875,686`||`(7,601,237)`|`_41,374`||`(91,179)`|
|`16.`|`NetAssetsoftheFunds`|`oftheCharity andGroup`|||||||
|||||`NetCurrent`||`Longterm`|||
||`Asat31July2024`||`FixedAssets`||`Assets`|`liabilities`||`Total`|
||||`£`||`£`|`£`||`£`|
||`CapitalGrantFund`||`206,984`||`-`|`-`||`206,984`|
||`RestrictedIncomeFunds`||`-`||`376,674`|`-`||`376,674`|
||`Unrestrictedfunds`||`148,905`||`795,497`|`-`||`944,402`|
||`Charity`||`355,889`||`1,172,171`|`-`||`1,528,060`|
||`SubsidiaryReserves`||`(3)`||`11,021`|`-`||`11,018`|
||`Group`||`355,886`||`1.183.192`|`_____-`||`~=_1,539,078`|
||||||`NetCurrent`|`Longterm`|||
||`Asat31July2023`||`FixedAssets`||`Assets`|`liabilities`||`Total`|
||||`£`||`£`|`£`||`£`|
||`CapitalGrantFund`||`200,772`||`-`||`-`|`200,772`|
||`RestrictedIncome Funds`||`-`||`389,938`||`-`|`389,938`|
||`Unrestrictedfunds`||`216,433`||`542,583`|`(847,617)`||`(88,601)`|
||`Charity`||`417,205`||`932,521`|`(847,617)`||`502,109`|
||`SubsidiaryReserves`||`(3)`||`(2,575)`|`:`||`(2,578)`|
||`Group`|`7`|`417,202`|`___`|
`929,946`|`(847,617)`||`_499,531`|
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|||||`2024`|`2023`|
|---|---|---|---|---|---|
|||||`£`|`£`|
|`Plant`|`and`|`machinery`||||
|`Within`|`one`|`year`||`58,684`|`56,061`|
|`Within`|`two`|`tofiveyears`||`58,054`|`126,736`|
||||`7`|`6,738`|`—__182,797`|
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|`ee`|`Note`|`Unrestricted`|`Restricted`|`__Capital`|`Total`||
|---|---|---|---|---|---|---|
|`Incomeandendowmentsfrom:`||`Income`|`Income`|`Grants`|`2023`
`£`||
|`DonationsandGrants:`|||||||
|`Donations,UniversityGrant,etc.`||`2,136,800`|`647,155`|`69,863`|`2,853,818`||
|`Grantofservicedaccommodation`|`2c)`|`427,700`|`-`|`-`|`427,700`||
|`Othertradingactivities:`|||||||
|`Advertisingandmedia`||`25,617`|`-`|`-`|`25,617`||
|`Investmentincome`||`19,608`|`-`|`-`|`19,608`||
|`Charitableactivitiesforstudents:`|||||||
|`Bars,venuesandentertainments`||`1,817,429`|`-`|`-`|`1,817,429`||
|`Shopsandvending`||`2,525,365`|`-`|`-`|`2,525,365`||
|`Catering`||`659,240`|`-`|`-`|`659,240`||
|`Societies& clubs`||`7,806`|`175,001`|`-`|`182,807`||
|`Lettings`||`249,945`|`-`|`-`|`249,945`||
|`Otherincomeresources`||`6,176`|`:`|`-`|`6,176`||
|`Totalincome`||`7,875,686`|`_822,156`|`69,863`|`_8,767,705`||
|`Expenditureon:`|||||||
|`Costsofraisingfunds:`|||||||
|`Financecosts`||`6,558`|`-`|`-`|`6,558`||
|`Charitableactivitiesforstudents:`|||||||
|`Representationandcampaigns`||`1,359,568`|`74,614`|`-`|`1,434,182`||
|`Advice& welfare`||`234,544`|`155,027`|`-`|`389,571`||
|`Volunteering`||`130,740`|`5,422`|`7`|`136,162`||
|`Activities,clubsandsocieties`||`303,557`|`443,015`|`-`|`746,572`||
|`Bars,venturesandentertainments`||`2,175,866`|`112,055`|`-`|`2,287,921`||
|`Catering`||`639,059`|`4,404`|`-`|`643,463`||
|`Shopsandvending`||`2,438,276`|`8,374`|`-`|`2,446,650`||
|`Lettings`||`313,069`|`3,669`|`-`|`316,738`||
|`Totalexpenditure`|`47`|`7,601,237`|`806,580`|`-`|`_8,407,817`||
|`Netincome/(expenditure)`||`274,449`|`15,576`|`69,863`|`359,888`||
|`Transfersbetweenfunds:`|||||||
|`Capitalgrantamortisationand`|`14`|`41.374`|`.`|`(41,374)`||`.`|
|`impairment`|||||||
|`Netmovementinfunds`||`315,823`|`15,576`|`28,489`|`359,888`||
|`Fundbalancesbroughtforward`||`(407,002)`|`374,362`|`172,283`|`139,643`||
|`Fundbalancescarriedforward`||`(91,179)`|`389,938`|`_200,772`|`499,531`||