2022-06-30-accounts

Reglstered number.. 07618194 Charlty number- 1142619 Christ Church Students. Union (A company Ilmited by guarantee) Trustees. report and financial statements for the year ended 30 June 2022

ChrS$t Church Sludents. Union IA company Ilmited by guarant981 Contents Page Referencè and administratlve details of Ihe Charlty, Its Trnstees and advisers Trustees. report Trustees. responsibilèties statement Independent auditors. report on thè flnancial statements statement ol flnancial a¢tlvlt6es 2-13 14 15-18 19 Balance sheot 20 Statement of cash Ilows 21 Notos to thg financlal statgm#nts 22-39

Christ Church Students' Union

(A company limited by guarantee)

Reference and administrative details of the Charity, its Trustees and advisers for the year ended 30 June 2022

Trustees	Bethany Elwood, President (Campaigns & Societies) (resigned 29 April 2022)
	Christopher Connelly, Student Trustee (appointed 1 July 2021, resigned 25 January 2022)
	Daniel Bichener, Students'Union President (appointed 1 July 2021)
	Francesca McGregor, President (Community, Diversity & Inclusion) (appointed 1 July 2021)
	Graham Briscoe, Community Trustee
	John Adams, Community Trustee
	Joseph Cooper, Community Trustee
	Madeline Young, President (Engagement & Sports) (resigned 30 June 2022)
	Michael Wigg, Community Trustee
	Oliver King, Student Trustee
	Professor Helen James OBE, University Trustee (resigned 31 December 2021)
	Professor Alison Clare Honour, University Trustee (appointed 21 January 2022)
	Max Elvin, Student Trustee (appointed 1 July 2022)
	Inés Abella Romero, Student Trustee (appointed 1 July 2022)
Company registered number 07618194 Charity registered number 1142619 Registered office 41 St Georges Place Canterbury Kent CT1 1UT Chief executive officer Head of Engagement and Deputy CEO Head of Business & Development Ben MacPhee Kate Little Chi Lau Independent auditors Kreston Reeves LLP Statutory Auditor Chartered Accountants 37 St Margaret's Street Canterbury Kent CT1 2TU Bankers Metro Bank 2 St George's St Canterbury Kent CT1 2SR

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Chflst Church Students. Unlon IA Gompany Ilmited by guaranteo) Trustees. report for the year ended 30 June 2022 INTRODUCTION The Iruslees, who are also directors for the purposes of company law, submit their Annual Roport and Financial Slalements for the year ended 30 June 2022. In preparing this Report the Iwslees have complied with the Charities Ad120061, the Accounting and Reporting by Charities.. Statement of Recommended Practice (revised 20051 I'lhe Charity SORP'} and the constitution of Chrisl Church Students, Union. The official name of the organisation is Christ Church Students, Union, however, the organisation is also referred lo as'lhe Union, and 'CCSU'. STATUS AND ADMINISTRATION The Union is conslituled in accordance with its constilulion and Is a charitable company limited by guarantee. Following the Charities Act120061 and the withdrawal of exempl charitable status for organisations with annual tumover exceeding £100,000, the Union subsequently registered with the CharFty Commission in April 2011, Charity No. 1142619. The Union's major governing documenl is the Articles of Association, which were passed by an Annual Members, Meeting of students on 6 Novembei 2020, approved by the Governing Body of Canterbury Christ Church Unlversily on 23 March 2021, befoTe being ratified by the Board of Trustees on 6 April 2021. STRUCTURE, GOVERNANCE, AND MANAGEMENT The Union is a membership organisalion that is governed by a written constitution and via democratic structures detailed in its constitution. The constitution of the Union is the collective of the major goveming document- the Artides of Association, and the minor goverr)ing document.. the Bye-Laws of Christ Church Students, Union. Students of Canterbury Christ Church University automatically become members of Christ Church Students, Union upon enrolment at the Universty. StL¢dents have the right under the Education Act 1994 to opt-out of Union membership,. once their sludenl Status at the University ends (upon recommendation for an award} they cease to be members of the Union. The Union's Articles of Association are reviewed al least every five years and any changes approved by members. through a General Meeting, and by the Goveming Body of the University. The Union has s&veral formal and informal agreements with the University that ensure effective regulalion under the 1994 Educ81ion Act as well as establish the independence of the Union from the University. whilst ensuring the two organisalions work in close partnership for the benefit of students. These are: The Sludenl and University Partnership Agreement. The Code of Practice for the Operation of the Students, Union., The Data Sharing and Protection Agreement., The annual Finan¢ial Memorandum., and Three professional seryic8 level agr8ements covering Informatson Technology, Human Resources and Facilities. The Board of Trustees comprises of up to eighteen Iruslees wlh the follo￿nng designations.. Up lo five {5) Sabbatical Trustees, elected by a secret ballot open to 811 members of the Union,. Up lo six161 Student Trustees, either elected by a secret ballot open to all members of the Union, or appointed by the Appointments Panel of the Union- Up lo six161 Community Trustees, selected by the Appointments Panel of the Union., and One11 } University Trustee. nominated by the University and selected by the Appointments Panel. Sabbatical Trustees are full-time and receive a bursary to reflect this, they may serve up lo two terms of onè11) year. Student Trustees are volunteers and are not remunerated, but may claim legitimate expenses, and they are eligible lo serve two 121 terms of two {21 years. Community Trustees and the University Trustee are also volunteers who may claim legitimate expenses, and can serve three131 terms of three131 years. The Chair and the Deputy Chair of the Board of Trustees are elected by the Board of Trustees on an annual basis, according lo Ihe Articles of Association. INDUCTION AND TRAINING OF TRUSTEES When becoming Irusle8s, all trustees undergo a predefingd induction program whlch is supplemenled with relevant trainin9 for their role. Further training is offered during their ITusleeship. Page 2

Chrlst Church Students. Union IA ¢ompany Ilmlted by guarantee} Trustees. report Icontinuedl for the year endod 30 June 2022 CHARITY GOVERNANCE CODE The Union is best placed lo achieve ils ambitions if il has effective goveinance, the right leadership slru¢luTes. and skilled and capable staff and trustees. Good governance also supports the Union's compliance with relevarit legislation and regulatson and promotes a culture where everything Wofks towards fulfilling the charity's vision. The Charity Govemance Code has been developed by a steerin9 group, wllh the help of over 200 charities. and is endorsed and recommended by the Charities Commission. The Code alms lo help charities and their trustees develop high standards of governance and is intended as a practical tool lo help trustees achieve this. and as a tool for continuous improvement towards the highest standards. The Code Ss not a legal or regulatory rgquiremenl, instead, the Code sets the principles and recommended practice for g(￿d govemance and is deliberately aspiralional.. some elements of the Code will be a stretch to achieve. The enhanced Code for students, unions covers.. Organlsational Purpose - The board is clear about the charity's aims and ensures that these are being delivered effectively and sustainably. Leadership - Every charity is headed by an effective board that provldes slralegic leadership in line wlth the charity's aims and values. Inle9rlty - The board acts with integrity, adopting values and creating a culture which helps achieve the organisation's charitable pU￿oSe$. The board is aware of the importance of the public's confidence and trust in charities, and Iruslees undertake their duties accordingly. De¢lslon making. risk and Control - The board makes suie that its decision-making processes are informed, rigorous and timely, and that effective delegation, Control and risk-assessmenl, and management systems are set up and monitored. Board effectlveness - The board works as an effective team. using the appropriate balance of skills, experience, backgrounds and knowledge to make infomied decisions. Equallty, Dlversity and Incluslon - The board's approach lo diversity supporls ils effecliveness, leadership and decision making. Openness and accountability - The board leads the organisation in being transparent and accountable. Representation, Inter8St$ and Democracy - The students, union is established as a democratic organisalion that fundamenlalty exists to represent the needs of ils membeiship. The principle of 'Democracl is fundamental lo all Students, Unions and is enshrined in the 1994 Educalion Act. This principle looks for studenls. unions lo demonstrate that their membership is al the heart of the organisalion. 11 also sets an expeclalion that students. unions should have fair and transparent democratic processes and procedures which are accessible lo all. In January 2022 Iruslees participated in a self-assessmenl exercise against the updated SU Charity Governance Code, which is a tailored version of Ihe Charity Governance Code published by the Natiorbal Union of Students. This was part of a wider govemance review that look plaee during 202112 that also included a review ol the sub- committee structure undeme81h the Board of Trustees, which created the new Charitable Services Sub- Commitiee, and agreed updated Terms of Reference for all four sub-committees. DATA PROTECTION The Trustees embraced the inlro¢Juction of the General Data Protection Regulation IGDPRI which replaced the 1995 Dats Protection Directive (Directive 951461EC} when it came into force on 25 May 2018, 8nd now the UK GDPR after the UK left the EU in January 2020. Compliance of the regulation is the responsibility of the Data Protection Champion, which during 2021122 was the Head of Business & Development. SUSTAINABILITY Christ Church Students, Union has embedded a commitment to suslainabilily throughout the organisalion. This has included previously gaining 'Excellenl' in the NUS Green Impact Award s¢heme aeross multiple years, gaining accreditslion alongside the University in the NUS Responsible Futures scheme which looks al partnership working between the University and Students, Union in all aspects of work relating lo sustainability. and recognising the Climate Emergency by signing the EAVC'S Climate Emergency Pledge in 2019. Page 3

Chilst Chur¢h Students. Unlon (A company limlted by guarant60) Trustees. rèport (continued) for the ygar ènded 30 June 2022 RESPONSIBILrriES OF THE TRUSTEES The trustees are ultimately responsible for the governance of Christ Church Students, Union. They are also responsible for the operations of the Union. This includes approving policy, procedure, strategy, budgets, and ensuring compliance with the Artides of Assoeialion, Bye-Laws, and the requirements of companies acts and education acts. The Iruslees Iwho are also the directors of Christ Church Students, Unlon Ltd for the purposes of company law) are responsible for preparing Ihe Trustees Annual Report arsd the Financial Statements in accordance with applicable law and regulation5. Trustees.. Accept ultimate responsibility for directing the affairs of the eharity, and ensurlng it is solvenl, well-Tun, and delivering the charitable outcomes for the benefit of members., Abide, individually and collectsvely, to the Notan Principles., Undertake a skills audil upon recruitment (Community Trustees. University TrLtslee and Selected Student Trustees only},' Undergo a full induction upon starting office. Undertake continuous professional development as a trustee, and Complete and keep an updated Register of Interests. The Board of Trustees has agreed, and reviews annually, a Democratic Bodies Scheme of Aulhoilty and Delegation of Authority which provides a framework for the responsibility and authority of the democratic and management pillars of the organisation. This was last reviewed and approved in June 2022 foi the 2022123 linancial year. The Board of Trustees has four sU￿¢0mmittee$. Finance & Rlsk Sub£ommitte¢, which has delegated responsibility from the Board of Trustees for ensuring the Union complies with relevant legislation and regulations., acts in accordance with the Union's mission, vision and values- that the Union remains solvent and in sound financial health and analy5ing and managing the Union's overall risk profile. Charitable SgNices SublommittÈe, which has responsibility for and oversight of the Union's charitable services - sports, soeielies, volunteering, student voice. campaigns, and student events. Appointments Committee, which has the delegated authority over Iruslee appointments. Appfaisal Committo*, which has delegated authority over the performance management of the Chief Executive Officer. The Board of Trustees appoint staff to lake responsibility for operalional aspécts of the Union. via the Delegation of Authority, and monitor their pertomiance. The trustees will work with the staff and officers lo ensure consistency of the service delivered and advise on the policy and direction of the VnM)n as appropriate. The trustees meet a minimum of four limes per year. with the dales of these meetings set for the year ahead according lo availability of the members. PUBLIC BENEFIT The trustees confirm that they have complied with the duty in Section 4 of the Charities Acl120061 to have due regard lo the Charrty Commission's general guidance on public benefit. The charilable purposes of Christ Church Sludenls, Union are staled in the 'Objecls and Activities, and Ihe Trustees ensure that these purposes are Garrted out for the public benefit. OBJECTS AND ACTIVITIES- OUR CHARITABLE PURPOSE Christ Church Students, unions l-the Union") charitable objects are the advancement and education of stud@nls at Canterbury Christ Church University lor the public benefit by.. Being aCkno￿edged as the recognised representative body for all students enrolled on a recognised program of study al Canterbury Christ Church University-, Promoting the inlerests of students al Canterbury Christ Church Unlversily during their course of study and representing, supporting and advising members., Being acknowledged as the recognised representative channel between the students and the university and a represenlalive channel between the studènts and any oth8r external bodigs., Providing social and recreational activities for members; Page 4

Chrlst Church Sludents, Union IA company limited by guarantee) Trustees. report Icontinuedl for the year ended 30 June 2022 Pmmoling cooperation with other universities and colleges and the local community., Promoting the welfare and individual development of members and providing advice services relating lo educational and welfare issues, and Raising funds for other charitable entities. The Union has referred lo the guidance Contained in the Charity Commission's general guidance on public benefit when reviewing aims and objectives and in planning futurè acliwlies. Our Vision - 'lo empower, encourage, and support every student, Our Mission - tto better student life and enrich slu(Sents' exper18nces' Our Ambition is to play a central role in the lives of students through comprehensive support and facilitating studenl-led representation and opportunilie5,' both lo improve students. experiences and help ensure graduates are highly employable. Our Values Student4ed & democrati¢ We are run by students, for students. and believe in the power of democratic sludenl-led decisign making. Incluslve We value the diversity of our sludenl body and the communilies we live In. This, together with a commitment to equality of opportunity and actively removing barriers to parb'cipats'on, enstsros we have an accèssible, inclusive, and cohesive culture. Dependable & prolesslonal We pride ourselves on being a Union that students and stakeholders can trust and rely upon. and being an organisation that staff and volunteers want lo be a part of. Supportlve The foundation of us as a union is lo be there for our Members throughout their journey as a student. Partnershlp We have a belief in collectivism and recognise we do not stand alone in our communities. To achieve the best outcome5 for our Members we will work with others lo achieve our mission and make a bigger impact. Resp9Ct We are respectful of our Members. partners, stakeholders and our team. W8 welcome and respect diverse views and recognise their importance in ¢realing a vibrant student community. Funl Sludenl experiences should be safe, fun, and memorable, and we will engage with our Members on this basis and ensure fun is reflected in all we do. ACHIEVEMENTS AND PERFORMANCE 2021122 2021122 was the third year of the Union's three year strategic plan, and Christ Church Studenl$' Union continued a positive path of development whilst navigating a highly uncertain and challenging operating Gontext due lo the COVID-19 pandemic. COVID-19 conlinuod lo adversely impact the 2021122 Success Plan, although not lo the exlenl il did in 2020121. Over half of the objectives wele assessed lo be fully complete, and a frflh more were assessed to be majorly complole. Notably, many of the unachieved ambitions detailed within the cards of the Suc¢ess Plan were the sabbatical officer manifesto commitments and Ihis will need active consideration to ensure the same is not repealed in 2022123. This Report has been divided into sub-headings Concerning the five Strategic Themes and fve Slrategl Enablers of Your Union Plan 2019-22. Page 5

Christ Church Students. Union {A company limited by guaranteg) Trustee8' report (contlnuedl for the year endgd 30 June 2022 KEY PERFORMANCE INDICATORS .' Measurels) Voters in leadership elections Budget A¢tual Variance .. Democratic engagemeni 2,500 963 11,537) students who voted during the year 15Yo Unknown. Opportunities Number of students engaged in opportunities partieipatlon 1.750 1.609 1141) Number ol opportunities memberships 2,250 1.712 (538) Flnancial ,, Perfomianc• Coinmeroal income to budget £38,1>00 £35,544 {£2,4561 Overall SUTplus lo bud9et £4,100 {£8,5651 1£12,6651 Satlsfa¢tion & . NSS Question 26 score Effectiven•ss i- 55Vo 48.29% 16 71Vol Sludenl knfe Pulse satssfactson 45010 40D/o" 15W•l Staff a￿1 5abbalical officer satisfacts'on 78Q/4 82Yu" 4% "Oue to issues with data. and the complications of inclusion of student5 at collaborative partnerships which would significantly skew this KPI, il has not been possible lo accurately calculate this figure. "This represenls the average sattsfaclion during the year STUDENT VOICE - Representing you is our number one prlority. It is why we exist. We will enhance our reach. depth, and impact in this by listening to, and really hearing, your academic and non-academic wants, needs, and concerns. Then, wlh you, doing Something about them by driving Ghange at Christ Church, locally, and nationally. We voiced our concerns to the Vice Chancellor about the decision to postpone graduation ceremonies due to take place in January 2022 with less than 3 weeks notice. Many studenls had waited several years lo celebrate their academic success and our argument was that if government guidance permil$, 9raduation ceremonies should go ahead as planned, wth appropriate COVID safely measures in place. In February the Sabbatical Team WTOte an op8n letter lo ops)ose regresssve changes lo student and unfversity finance put forward in the government's HE funding announcement and response to the Auger Review. The Students, Union President met with Canterbury Labour MP Rosie Duffield who agreed lo ask the Secretary of Stale for Health and Social Care, for what reason sludenls studying for a Paramedic Science degree course as their second degree are not eligible for grants from the NHS Learning Support Fund. Our President (Engagement & Sports) stsrted a campaign to bring sports and social facilities back lo the North Holmes Road Campus. SUPPORT AND WELLBEING _ We will strive lo ensure you are healthy, happy, and safe, bul also informed and empowered to make your own choices. As a Union we wll be there for you and work with others to provide support, as well as creating sludenl-led peer support networks lo do the same. The popular Choosday Chill event continued, offering students a route to access fomial SUPF)Ort in a more informal setting. Due to several Snstances of dTink spiking and assault on women in late 2021 we lent our support to the Reclaim These Streets march and campaign as well as offering advice, support, and resources alongside our partners Canterbury City Council, Kent Police, the Community Safely Partnership, the University. Distinctive Bars and other local stakeholders. Our primary message was that drink spiking is never the fault of the victim and ensured that all our messaging reflected that. Page 6

Christ Church Students. Union IA company limited by guarantee) Trustees. report {¢ontinued) for the year ended 30 June 2022 In May 2022 we released a slalemenl amid aceusalions of anlisemib'sm within the National Union of Students {NUSI cementing to fact lo all that Equality. Diversity, and Inclusion sil within our core values, and we condemn all racism and 8nlisemilism. Wtth news of energy Prices going up we worked lo ensure that students were aware of how to access Ihelr energy reb81es along especially as most did not have direct debits set up with the council 50 would need to proactively apply. OPPORTUNITIES AND EMPLOYA81LITY . University is $0 much more than a dggree. We Mll enable you to fulfil your potential and enrich your experlences in a way that is fun, memorablo, and sludenl-led, all the while enabling you to develop new skills and enhance yOLtr employability. Our clubs and societies were able lo fully resume in-person activities, but there was a reduction in numbers when compared lo pre-covid membershlps showing the￿ is still an ongoing effect. Working with Christ Church Sport & Active Health we implemented the new support and financial modgl for club sport with the aim lo enhance suslainabilily, drlve improvements in experience and club developmgrsl, and enable wider participation The Sports Fedeialion and Student Activities Awards were held in person for the first lime since 2019. BELONGING AND INCLUSION - We are here lo help you discover who you are and find youi fr￿ndship groups. We commit lo breaking down barriers. creating and sijpporting safe spaces, tackling isolation, and to actively celebrate the diversity of Chrisl Church and the communities we are a part of. We held the Freshers, Fayre in the new locations of Abbey Square Iverena Holmesl and the Sports Centre with very positive feedback from students keen lo gel involved in university life resulting in 2,662 expressions of interest to join our various societies and sports teams. We continued lo build upon the successful development of the Union's presence and sèrvice al the Medway Campus and this included 'Medway Monday, in September which was attended by all union staff which was a first for any event. The Inlernalional Food and Culture Fayre was held in the Lounge and our students did a truly wonderful job, sharing not just food bul stories and knowledge from their own cultures. The 13th Annual Golden Apple Award event look place in July 2022 as a streamed pre-recorded ceremony. There were 319 nominations. with 14 University staff members being recognised along wlh seven unique awards. We aim lo bring back an in-person ceremony in 2023. COMMUNICATION AND TRANSPARENCY _ As a membership orgaThis8tion we need to be effective al Iwo-way ommunicalion with you lo ensure we are relevant to your student life. This means ensuring you know what we do, why we do it, and lo communicate this boldly in your spaces to'your preference. We implemented a new design on our ccsu.co.uk website lo simplify Ihe user journey and make our content rnore accessible. This included in¢orporating new brand colours that follow on throu9h our other digital and PTint comms ensuring conlinuily and brand awareness of our messaging. The sludenl 59gmer*lalion project we commissioned in Spring 2021 was completed in Spring 2022 and this has idenlif5ed specific subsets within our student body so we can better understand their molivalions for engagement and more precisely meet their service and communication needs. We started our own TikTok account as the platform gained popularity within the sludenl body and gave us another channel lo be more creative with Mdeo content. The Union recorded 459.679 page views across 155.700 visits on ww.ccsu.co.uk. Page 7

Chrlst Church Students. Unlon IA company limited by guaranteo) Trustees. roport (contlnued) for the year ended 30 June 2022 SUSTAINABLE- We need lo be sustainable. both in terms of finance and Ihe environment. Some notable achievements in this area were.. As a new Incentive for voting in our Sabbatical Officer Leadership Eleclions we pledged to plant a trge for gvery voter, resulting in 1,000 trees being planted. PEOPLE AND CULTURE- Develop our people and extend our positive. innovative culture. After.a number of years of Union 9rant reduction and stsffing contraction we were able to secure an addition lo our block grant which will deliver essenti81 improvements to sludenl representation and co-curricular activity This includes the creation of three new roles, 1.0 FTE Communications Manager. 1.0 FTE Societies Coordinator, and a 0.6 FTE Student Voice Coordinator. We continued to use a pulsfrstyle employee engagement and satisfaction survey that was first implemented in February 2020, and the Union's metfics remained high during the year. Employee engagement averaged 84V/o, Employee satisfaction averaged 820/0 Employee Wellness averaged 88Y.; An average Engagement Net Promoter Score of 54. INSIGHT- Know our members by havlng comprehensive inslghl. The Union's National Student Survey Question 26 score dropped by 1 poinls to 48Yo, which is 4 points below the sector average. 1,397 sludents filled in our Sludenl Llfe Pulse survey and gave feedback on all aspects of Students, Union provision. Overall satisfaction with the Union increased to 40Q/¢, a significant rise from the 32°k of 2021, with the national average being 44°/v. 510/0 of students ag￿ed that the Students. Union represents the views of students effectively, up from 47°/0 in 2021. TECHNOLOGY- Ulilise new and exlsting technology lo engage with and represent our members. With the posl-COVID trend of cashless pay)menls, we invested in conlaclless card readers which allowed our sludenl groups lo continue lo fundraise for gc>od causes. PARTNERSHIPS - Develop effective partnerships with others lo further our Mission and Vision. This year signalled the second cohort intake ol Kent and Medway Medical School students and we contlnued our support for them along wth Kent Union. Medsoc, the academic society for KMMS, grew in strength as their numbers doubled and direct funding from the School ensured all KMMS students could join free of charge. We developed our partnership with Kent Union and Greenwich Students, Union lo create The Hub at Medway for closer collaboration benefitting the students studying there. Page 8

ChTi5t Church Students. Union (A company1SmSted by guarantee) Trustees, report {contSnued} for the year ended 30 June 2022 Of the 68 originally staled objectives across the 2021122 Success Plan. we concluded the year with Ihe following slalus of 6ach.' No longer an objective A decision has to be taken to no lorvJer pursue this, Ivhich would have lo be taken by a legrtimate t)ody such as 8oard or Leadership ," Awaiting progress C((ed as an objactive in one or more sabbalical officer manifestos On hold Work on this is yet lo begin, which c(yJld be due to liming - e.g. al the b8gir)ning of the yeai mosi objectives are labelled as such, or it is considered not a priority ', Emerging Work has paused, with the reason given within TieFIo Expeeted ', Work has started, bLrt is behind schedule, with the reason given in Trello Complete Work has started, and is progressiro as exp*dgJ 37 Cause lor concem . The objective is considered complete The vast majority of the uncompleted objeelivÈs from 2021122 have been rolled over to 2022123's Success Plan for completion this coming year. FINANCIAL REVIEW The overall outcome for the year was an accounting deficit of £8,565. RESPONSIBILITIES FOR THE ACCOUNTS AND FINANCIAL STATEMENTS The trustees are responsible for keeping adequate accounting records Ihal are sufficient to show and explain the charitable companls transactions and disclose with reasonable accuracy al any lime the financial position of the charitable company. Insofar as the trustees are aware.. There is no relevant audit information of which the charitable companls auditor is unaware., and The Iruslees have taken all steps that they ought lo have taken lo make themselves aware of any relevant audit information and lo establish that the auditor is aware of that information. BASIS OF ACCOUNTING The anr¢ual financial statements of Christ Church Students, Union are attached to this Report. They have been prepared using the Accounting and Reportlng by Charities- Statement of Recommended Practice {FRS1021. GOING CONCERN The financial relationship between Canterbury Chrlst Church Univefslty and the Union is agreed annually in the form of a Financial Memorandum. The Financial Memorandum confimis the annual allocation of a BIoGk Grant paid by the University and further support in the form of accommodation provided on an in-kind basis. This non- monetary supportls intrinsic lo the relalionship be￿een the University and the Union. There is no reason lo believe that the support from the University will not continue for the foreseeable future, as the Education Act 119941 imposes a duly on the University lo ensure Ihe financial viability of the student represenlalive body. These Financial Statements have Iherefoie been prepaied on a going concein basis. PRINCIPLE FUNDING SOURCES The majority of the Union'5 funding is derived from the annual Block Grant from Cantert)ury Christ Church Llniversity. The remainder of income is from advertising and sponsorships. Page 9

Christ Church Students. Union IA company Ilmlted by guarantèè) TTUStees' report (continued) for the year ended 30 June 2022 FUNDRAISING The Union's fundraising work concerns Raise and Give {RaGI, ￿1¢h is Student-led fundraising for other charities. Christ Church Students, Union does not make direct fundraising appeals to members or the general public. Christ Church Students, Union supports the work and objeclives of the Fundraising Règulator, however, the vast majority of the Union's income is derived directly from the University and not regulated fundraising and as a Consequence the Union has not affiliated to the Fundraising Rogulator as doing so is not in the best ir¢teresls of members. IN¢OME AND EXPENoiniRE SUMMARY 2021122 The Union s lolal sncrjme was £1,014,808 The Union's total expendrture was £1,023.368 The UTrioii s total accounting deficit was £8.565 This included a surplus on gerleral funds of f.393 The Union's defiui on designated funds was £8,958 YALANCE SHEET AS OF 30 JUNE 2022 The Union's total reSep￿S Y¥ere £412,d17 Th15 also Inclijded dessgnated funcls of £100 829 Reserves nei of restricted anLI designated lunds were £311.588 RESERVES AND RESERVES POLICY Christ Church Students. Union holds reseNes that are calegorised as either 'unrestricted' or 'designated'. The management of the unrestricted reserves is guided by the Resetves Policy. This is monitored annually and formally reviewed every Ihree years, and was last reviewed on 8 October 2021. The major ehange in the review was to create a 'Canterbury Campus Designated Fund, in a future period of £150,000 to help resource the Union's move back onto Ihe Canterbury Campus in 2023. The Reserves Policy has the followng objeclives. some ol which are legal requirements and some are considered best practice.. Charity law requires any income received by a charity to bg spent within a reasonable p8riod of receipt. Excess reserves can lie up charily money that by law should be spent on the charitable purposes of the Unlon, bul insufficient reserves pul the Union's solvency and Ihe future of achieving slated charitable oblectr'ves al risk. The Policy sets our the largel reserves and the rationale for that target. Union funds musl be used appropriately, prudently, lawfully and in accordance with the Unions. purposes for the public benefit as outlined in the Articles of Association. The Policy sets out how the Union will use funds prudently and18wfully. Trustees should be able lo justify the holdlng of income as reserves. The Policy will enable Iruslees to do this, whilst remaining accountable lo the main stakeholders and funders of the charity and to members. The Union's reserves target is 1 S /0 of the annual Block Grant income. In 2021122 this equated lo a larget reserve of £112,500. These reserves will be invested and managed by an appropriately experienced and qualified financial expert and form part of an investment strategy that is agreed annually by the Iruslees. Investment in capital assets will be agreed by the trustees and wlll be supported from unreslricled reserves. RISK MANAGEMENT Trustees have identified the major risks facing the Union and recorded them. and the management of these, in the Union's Risk Register and Oashboard. The Risk Register and Dashboard is actively maintained and reviewed, ac￿rdIng lo the Risk Management Policy. This was last rev+ewed and re-approved on 15 July 2021_ Page 10

Christ Church Students. Union IA company limited by guarantee) Trustèes. report {continugdl for the year ended 30 June 2022 The Risk Register and Dashboard actively manages the len 1101 largest perceived risks lo the organisation. Risks are graded from 1-5 for likelihood and multiplied by 1-5 for impact. In 2021122 there were five risks that were Considered particularly significanl. 'Los5 of key staff and service conts'nuity, _ the Union. like many organisalions. has been challenged by the difficult staff recruitment market since the pandemic. 'Data pTole¢lion compliance, the Union had two data breaches in 2020121, and ensuring compliance with student data, by students, is an ongoing challenge. 'Studenl recruilmenl. Christ Church has experienced a reduction in direcl-laughl student numbers in the past three years. which had Ihreatgned the financial viability of thg University. 'Sludenl conlinualion. completion and piogression, Christ Church has a higher non-conlinu8tion rale of students than the average of benchmark inslilulions al 100/•, according lo HESA data. As well as being disappointing that sludenls do not feel able lo Gomplele their studies with us, the failure lo retain students is a financial risk for the Universily and Union. 'Club Sport Provision. The Union and ChTlSt Church Sport & Aclive Health ICCS8AHI have not always had a partnership approach lo the delivery of club sport fgr students due lo disagreements on approach and funding. REMUNERATION All Union 51aff are supposed to be employed on joinl contracts with Canterbury Christ Church University and are, in all practical purposes, staff of the University seconded to the Union, with the same pay, pension, ar)d benefits. Siaff roles are graded according lo the Higher Education Role Analysis (HERA) criteria and the pay of each grade is determined nationally on an annual basis by the Universities & Colleges Employers Association in consultation with recognised Iradg unions. The remuneration of Sabbatical Officers is delemiined every two years after a benchmarking analysis of comparable roles in similar organisalions and a report is presented lo Ihe Union Council. The Union Council will then formally recomrnend a remuneration package lo the Board of Trustees for final delerminalion, according lo the constitLrtion of the Union and Financial Memorandum. Twslees with a conflict of interest in this decision are gxcluded from the vole. The Board of Trus1985 last reviewed the remuneration of Sabbatical Officers In February 2022. GENDER PAY GAP The Gender Pay Gap legislation is not applicable to Ihe Union by virtue of the small size of the organisalion, however, as a transparent membership organisation the Union was Committed lo calculating and publishing a gènder pay gap analysis as if the legislation had applied. These calculations include sabbatical officers, and were correct as of 31 March 2022. The figures below do not include bonus pay, as the Union does not operate a bonus scheme. Women's mean hourly rate was 19Yo lower than men's. So when comparing mean hourlyrales. women earn 81 p for every £1 that men earn. In 2021 this was 320/. lower. Women's median hourly rale was 16 /0 lower than men's. In other words, when Comparing median hourly rates, women eam 84p for every £1 that men earn. In 2021 this was 230/0 lower. Page11

Christ Church Students. Unlon IA ¢ompany1Smlted by guarante•} Trustees, r8POrt Icontinued} for the year endgd 30 June 2022 RELATIONSHIP WITH CANTERBURY CHRIST CHURCH UNIVERSITY Christ Church Students, Union receives an allocation of funds from cante￿ury Christ Church Univarsily in the form of a Block Grant and additional 'in-kind' support with accommodation and other services. Guidance for the managèment and handling of the Union's financial accounts are agreed on an annual basis by Canterbury Christ Church University's Board of Governors via the Finance Resources Committee and the Union's Board of Trustees in the form of a Financial Memorandum. PLANS FOR FUTURE PERIODS The 2022123 Sabbatical Leadership Team have developed thelr major objectives for the coming year, which are a rèfinement of those of the previous year. Ampllfy the lessth•ard student vol¢es The core purpose of Christ Church Students, Union is lo represent all CCCU students and work with the University lo provide you with the best possible university experience. However, we know that there are some students whose voices we don't currently hear." we will be proactive in seeking lo bolh represent and re-present those voices. We will focus on Ihg following groups, as data shows that they are either underrepresented within thè Union's engaged groups, or they have particular needs from their University experience: Students with dependents Students based al Medway Postgraduate students Students from disadvantaged backgrounds Disabled students Students of colour (also covered by our goal to work towards being an an￿-raCIst Universityl- We wll actively engage with such students through existing student networks, and ensure that we are working to amplify the voices of the less heard students al every level of the University and wilhin every Students, Union decision. Protoct and support students, mental and physltal wellbelng Students, wellbeing is our lop priority. and we see this in 8 holistic way.. both mental and physical wellbeing are important to ensure you can gel the best from your University experience. We therefore commit to working with the University lo provide evenls, activilies, and serVI￿S that will promote students, wellbeing- lo tackle any aspects of University life that impact negatively on wellbeing,. and to ensure that sufficient and timely support is provided when students, wellbeing is affected. This will include working on campaigns around mental he8llh,' running mental health and wellbeing training for student groups., working with the University and community partners on student safety, harassment, and sexual violence,. lobbying for enhanced wellbeing support provision., increasing engagement with physical activity,. and running events designed with your wellbeing in mind. Work towards being an antl4aclst Universlty Christ Church has one of the worst Black awarding gaps in thg country. bul also a commitment to eradicate this by 2030. This is a shared responsibility tor all gf us and the Union commits to championing this work with the University and students. It's not enough to wot* on the Black awarding gap, however. More work needs to be done to make CCCU Ibolh the University and the Students, Union) an actively anti-racist organisalion. This requires a commitment to acknowledging the structural racism present in society, and therefore in our University and Union, and taking active steps to tackle it. As an all-white Sabbatical Leadership Team, we recognise that this involves listening to and working closely with students of colovr to change how bolh the University and Union work lo better support their needs. Page 12

Chrlst Church Students. Union IA company limited by guarantee) Trustoès. report Icontlnuedl for the year ended 30 June 2022 Take acllon on the Climate Em9rggncy In advance of the UN Secretary General's Climate Summit in 2019, national and international networks representing more than 7.000 higher and further educalion institutions from six continents announced that they were declaring a Climate Emergency, and agreed lo undertake a Ihree-point plan to address the crisis through their work with students. The Ihree-point plan includes.. Committing lo going cartjon neutral by 2030, or 2050 al the very latest", Mobilising more resources for aclion-oriented climate change research and skills creation., Increasing the delivery of environmental and sustainability education across ¢urriGula, campus and community outreach programmes. CCCU and the Union jointly signed this pledge in 2019. and taking action has never been more imperative. We will commil to working internally. and with the University. to reduce our collective impact on the Planet and lo Fun a range of inilialives and campaigns to engage students with action to tackle the Climate Emergency. Be bold. be visible. and be where students aTO We struggle with visibility as a Students, Union. as our building is not on the Canterbury Campus, our location in Medway is hidden, and we don't have a base at all in Tunbridge Wells. We need lo do more lo ensure that students know who we are and what we do. We will therefore commit lo bein9 proactive in our engagement, going to where students are ar)d making our presence known. We want lo increase and diversify our Union on Tour events, ensuring we ar8 regularly listening to students and showcasing what we offer. We want more sludenl social spaces on campus, with visible Students, Union branding so that students don't have to wme to our building or office lo know who we are and how to contact us. Eventually, we want the Students, Union lo be back on the Canterbury Campus, and lo have an improved location in Medway, bul in the meantime st's our responsibility to be where students are. In addition to the conlinualion of the work lo achieve Ihe BIG FIVE from thg previous year, the 2022123 Sabbatical Leadership Team have determined that the number one priority and campaign for 2022123 will be helping students with the Cost of ￿VIng and Learning Crisis. The Union's full 2022123 operating plan Ihe Team CCSU Success Plan 2022123 - is again hosted dynamically and publicly on Trello for students and stakeholders to view. CONCLUSION The Truslees would like to sincerely thank the members, volunteers, staff, and stakeholders of Christ Church Students, Union, and the governors, STM. and staff of CanterbLJry Christ Church University, who all provide an invaluable contribution lo the ongoing success and development of Ihe Students, Union and enable us lo 'bettei student life and enrich sludents. experiences.. AUDITORS The auditors, Kreslon Reeves LLP, have indicated their wllingness lo continu9 in oflice. The Trustees will propose a motion reappointing Ihe auditors at a meetin9 of the Trustees. Approved by order of the members of the board of Trustees on 21 October 2022 and signed on their behalf by: Daniel Bichener Students, Union President Chair of the Board Trustees Page 13

Christ Church Stud&nts' Union (A company Ilmlted by guarantee) Statement of Tru5tees' respon$ibilltle$ for the year ended 30 June 2022 The Trustees (who are also the diTeclors of the Charity for the purposes of company lawl are responsible for preparing the Trustees, report and the fir)ancial slatemenls in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice)- Company law requires the Trustees lo prepare financial statèments for each financial . Under company law, the Trustees musl not approve the financial statemenls unless they are satisfied that they give a true and fair view of the stsle of affairs of the Charity and of ils incoming resources and applicalion of resources, including ils income and expenditure, for that period. In Preparing these financial stalemenls, the Trustees are required lo: select suitable accounting policies and then apply them consistently, obseNe the methods and principles of the Charities SORP IFRS 1021; make judgements and accounting eslimales that are reasonable and prudent. slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financlal statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charitys Iransa¢lions and disclose with reasonable accuracy at any lime the financial position of the Charity and enable them lo ensure that the financial stalernents comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 14

Chrlst Church Students. Union (A company limlted by guarantee) Independent auditors. report to the Members of Christ Church Students. Union Oplnlon We have audited the financial statements of Christ Church Students, Union (the 'charily'l for the year ended 30 June 2022 which comprise the Statement of financial aclivilies, the Balance sheet, the Statement of cash flows and the related notes, including a summary of signrficanl accounting policies. The financial reporting framework that has been applied in Iheir preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Stsndard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, IUnrÉed Kingdom Generally Accepted Accounting Practscel. In our opinion the financial statements.. give a truo and fair view of the stale of the charitable companls affairs as at 30 June 2022 and of ils incomin9 lesources and application of resources, including ils income and expenditure for the year then ended.. have been properfy prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance wlth the requirements of the Companies Acl 2006. Basis for oplnlon We conducted our audit in accordance with International Stand3rds on Auditing IUKI IISAS IUKII and applicable law. Our Tesponsibililies under those standards are further described in the Auditors. responsibilities for the audit of the linancial slalements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the United Kingdom including the Financial Reporting Council's Ethical Slandard, and we have fulfilled our other ethical responsibilities in accordance with Ihese requirements. We believe thal the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Con¢lusion$ relating to going ¢oncem In auditillg the financial slalemerils. we have Concluded that the Trustees, use of the going ¢oncern basis of accounting in the preparation of the financial statements is approprFate. Based on the work we have performed. we have nol Identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doL¢bl on the charitable companls ability to continue as a going concern for a period of al least ￿e1ve months from when the financial slalemenls are authorised for issue. OLtr responsibilities and the responsibilities of the Trustees wlh respect to going concern are described in the relevant seolions of this report. Page 15

Chrlst Church Students. Union IA company Ilmited by guarantee) Independent audltors. report to the Members of Christ Church Students. Unlon Icontlnuedl Other Inforrnation The other information comprises the infomialion included in the Annual report other than the financial statements and our Avditors. report thereon. The Trustees are responsible for the other infomiation contained within the Annual report. Our opinion on the financial slalemenls does not cover the other information and. exeepl to the extent otherwise explicitly staled in our report, we do not express any form of assurance conclusion thereon. Our responsibility is lo read the other information 8nd, in doing so, considef whethei the other information is materially inconsislenl with the financial statements or our knowledge obtsined in the course of the audit, or olhetwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether this gives rise to a material misstatement in the financial statements themselves. 11, based on the work we have performed, we conclude that there is 8 material misstatement of this other information, we are required to report that fad. We have nothing to report in this regard. Oplnion on other matters pre$crlbed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the infomialion given in the Tnjstees, report for the financial year for which the financial statemenls are prepaied is consislenl with the financial slalements. the Trusle8s' report has been prepared in accordance with appllcable legal requirements. Matter¥ on whlch we are requlred to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not idenlified material misslatemenls in the Trustees, report. We have nothing lo report in respect of the following matters in relation to which Companies Act 2006 requirgs us to report lo you if, in our opinion.. adequate accounting records have not been kept, or relums adequate for our audit have not been received from branches not visited by us., or the financial statements are not in agreement with the accovnting records and retums,. or certain disclosures of Trustees. remuneration specrfied by law are not made., or we have not received all the information and explanations we require for our audrt; or the Trustees were not enlitled to prepare the financial slalemenls in accordance with the small companies regime and tske advantage of the small companies. èxemptions in preparing the Trustees, report and from the requirement lo prepare a Strategic report. Responsibilitles of trustees As explained more fully in the Trustees, responsibllilies statement, the Tnjstees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair v￿w, and for such internal control as the Trustees delem)ine is necessary lo enable the preparation of financial statements that are free from material misslatemenl, whether due to fraud or error. In preparing the financial slalements, the Trustees are responsible for assessing the charitable comp8nVs ability lo Gontinue as a going concern. disclosing, as applicable, matters relaled lo going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Charitable company or lo cease operations, or have no realistic alternative but lo do so. Page 16

Chrlst Church Students. Union (A company limited by guaranteè) Indopendent auditors. weport to the Membèrs of Christ Church Students. Union lcontlnuedl Auditors, respon5ibilitios for the audlt of the flnanclal statements Our objectives are lo obtain reasonable 2ssurance about whether the financial slalemenls as a whole are free from material misstatement, whether due lo fraud or error, and lo issue an Auditors, report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance with ISAS IUKI wll always delecl a material misstatement when il exists. Misstalemenls can arise from fraud or error and ale considered material if, Individual￿ or in the aggregate, they could ieasonably be expected to influence the economic de¢isions ol users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulaltons. We design procedures in line with our responsibilities, outlined above, lo delecl material misstalemenls in respect of irregularities, including fraud. The extent lo which our procedures are capable of delecling irregularities, including fraud is detailed below.. Capability of the audil in doteGlin9 irregularities, inGluding fraud Based on our understanding of the charlly and industry, and through discussion wth the trustees and other management las required by audiling standardsl, we identified that the principal risks of non-compliance with laws and regulations related lo health and safely, anli-bribery and employThenl law. We corisidered the extent to which non-compliance might have a material effect on the financial slalemenls. Vve also considered those laws and regulations that have a direct impact 0￿ the preparation of the financial statements such as the Companies Act 2006 and laxalion legislation. We communicated identified laws and regulations throughout our team and remained alert lo any indications of non-complian￿ throughout the audit. We evaluated management's in¢enlives and opportunib'es for fraudulent manipulation of the financial stalemenls lincluding the risk of override of eonlrolsl, and determined that the principal risks were related to management bias in accounting eslimales and judgemenlal areas of the financial stalerrbenls. Audit pro¢edures performed by the engagement team included.. Discussions with managemenl and assessment of known or suspected instances of non-compliance with laws and rogulalions {including health and safety} and fTaud', an Assessment of identified fraud risk factors; and Walklhrough of inlemal controls procedures relating to expenditure potentially more susceptible to fraud and other irregulaiilies including cash, payroll and credit card expenditure., and Performing analyts'cal procedures to identify any unusual or unexpected relationships, including ielaled party transactions, that may indicate risks of material misstalemenl due lo ffaud., and Confimialion of related parties wlh management, and review of transactions throughout the perlod lo identify any previously undisclosed transactions with related parties outside the normal course of business.. and Reading minutes of meetings of those charged with governgn¢e and reviewing correspondence with relevanl regulatory aulhorilies., and Review of signilicanl and unusual transactions and evaluation of the underlying financi81 rationale supporting the Iransaelions,. and Identifying and tests'ng joumal entries, in particular any manual entries made at the year end for financial slalement preparation. Because of the inherent limitations of an audit, there is a risk that we will not delecl all irregularities, including those leading lo a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements. as we will be less likely lo become aware of inslan¢es of non-compliance. Page 17

Chrlst Church Students. Union IA company Ilmltgd by guarantee) Independent audltors. report to the Members of Chrlst Church Students. Union l¢ontlnu•d> As part of an audit in accordance with ISAS IUKI, we exercise professional judgement and maintain professional scgpticism throughout the audil. We also.. Identify and assess the risks of material misstatement of the financial statements, whether due lo fraud or error, design and perform audit procedures responsive to those risks, and oblaln audit evidence Ihal is sufficient and appropriate lo provide a basis for our opinion. The Tisk of not detecting a material misstalemenl resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery. intentional omissions, misrepresentations, OT the override of internal control. Obtain an understanding of intemal control relevant to the audit in order lo design audit procedures that are appropriate in the circumstances, but not for the purFK)se of expr&ssing an opinion of the effectiveness of the charitable Companls intemal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting eslimales and re121ed disclosures made by the Trustees. Conclude on the appropriateness of the Trustees, use of the going concern basis of accounting and. based on the audit evidence obtained, whather a material uncertainly exists related lo events or conditions that may cast significant doubt on the charitable companys ability lo continue as a going concern. If we conclude Ihal a material uncertainty exists, we are required to draw allenlion in our Auditors, report to the related disclosures in the financial sialements or, il such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the dale of our Auditors. report. However. future events or conditions may cause the chaiitsble Company lo cease to continue as a going concem. Evaluate the overall presentation, strUC￿re and content of the financial stalemenls, including the disclosures. and whether the financial slalements represent the underlying transactions and events in manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and tirning of the audit and significant audii findings, including any significant deficiencies in internal oontrol that we identify during our audit. Use of our report This report is made solely to the charitable companls members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit WOTk has been undertaken so that we might stsle to the charitable companls members those mallers we are required lo stale lo them in an Auditors, report and for no other purpose. To the lullesl exlenl permitted by18w, we do not a¢￿p1 or assume responsibility lo anyone other than the charitable company and r(s members, as 8 body, for our audil work, for this report, or for the opinions we have formed. Susan Roblnson BA FCA DChA MCMI {Senior ststutory auditor) for and on behalf of Kreston Reeves LLP Stslulory Auditor Chartered Accountants Canterbury 21 October 2022 Page 18

Chrlst Church Students. Union (A company limited by guarantee) Statement of finan¢lal actlvltles lineorporatlng income and èxpenditure account) forthe year ended 30 June 2022 Total funds 11 months ended 30 June 2021 Unrestricted funds Total funds 30 June 2022 30June 2022 Nole Income from.. Donations and legacies Charitable activities Investments 796,374 217,277 1.157 796,374 217,277 1.157 723,775 72.616 1.733 Total Income 1,014.808 1,014,808 798,124 Expendlture on: Raising funds Charitable activities 8.871 1,014.502 8.871 1.014.502 1,283 712,456 Total expendlture 1.023.373 1,023.373 713,739 Nèt movement in funds 18.565} {8,565) 84,385 Reconclllation of funds: Total f¢Jnds brought forward Nel movement in funds 420,982 18,5651 420.982 (8.5651 336.597 84.385 Total funds carrfed forward 412,417 412,417 420,982 The Statement of financial activities includes all gains and losses re￿gnised in the year. The notes on pages 22 10 39 form part of these financial statements. Page 19

Christ Church Students. Union IA company limited by guarantee) Registgiéd number.. 07618194 Balance sheet as at 30 June 2022 2022 2021 Noto Fixod assets Tafigible assets Cuffènt assets 12 15,819 12.638 Debtors Cash al bank and in hand 13 113.915 393.978 39,189 449,328 507,893 488,517 Creditors.. amounts falling due within one year 14 {111,295) (80,173) Net currgnt assèts 396,598 408.344 Total nel assets 412,417 420.982 Charltyfunds Restricted funds Unrestricted funds 15 Designated funds General funds 15 15 100,829 311.588 109,787 311,195 Total unrestricted funds 15 412,417 420,982 Total funds 412.417 420,982 The Trustees acknowledge their responsibilities for complyng with the requirements of the Ad WEth respect to accounting records and preparation of financi81 slat8ments. The financlal statements have been prepared in accordance with the provlsions applicable to entities subject to the small companies regime. The financlal slalemenls were approved and aulhorised for issue by the Trustees on 21 October 2022 and signed on their behalf by.. Daniel Bichener Stijdents, Union President, Chair of the Board of Trustees The notes on pages 22 10 39 fomi part of these financial statements. Page 20

Chrlst Chur¢h Students. Unlon IA company Ilmited by guarantee) statement of cash flows for the yeaf ended 30 June 2022 11 months ended 30 June 2021 30 June 2022 Cash flows from operating activities Nel cash used in operating aciivities (46,418) 76,542 Cash flows from Investlng actlvlties Dividends, interest5 and rents from investments PurGha5e of tangible fixed assets 1,157 (10.089) 1,733 18331 Net cash {used Inllprovlded by Investing activtties 18.932} 900 Change in cash and Cash equivalents in the yoar Cash and oash equivalents al the beginning of Ihe year 155.3501 449.328 77.442 371,886 Cash and ¢ash equivalents at the end ofthe year 393,978 449,328 The notes on pages 22 to 39 form part of these financial statements Page 21

Christ Church Students. Union IA company Ilmlted by guarantee) Notes lo the financlal statements for the year ended 30 June 2022 General informatlon Christ Chvrch Students, Union 1$ a chaity, limited by guarantee, incoryx)rated in England and Wales. The charitys registered office is Sl George's Cenlre, 41 St Georges Place, Canterbury, Kent. CT1 1 UT. The charitable activities of Ihe charity are the provision of social, recreational and representalNe services to stlsdents studwng al Canterbury Chrisl ChL¢rch University. A¢¢ounting pollcles 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordanee with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeelive 1 January 2019}. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. The financial slalements have been prepared lo give a Irue and fairf view and have deparled frorn the Charities IAccounts and Reports) Regulations 2008 only to the exlenl Tequired lo provide a 'true and fair. view. This departure has involved following the Charities SORP {FRS1021 published on 16 July 2014 rather than the Accounting and Reporting by Charities.. Slalemenl of Recomm9nded Practice effective from 1 April 2005 which has since been withdrawn. Christ Church Students. Union meets the definition of a publlc benefit enlity LEnder FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. The charitys functional currency 1$ Pounds Slerfing. The charity's financial statements a￿ presented lo the nearest pound. 2.2 Golng concern The financial relattonship betsveen Canterbury Christ Church University and Christ Church Students, Union is agreed annually in the form of a Financial Memorandum. and as determined in the Code of Practice and Articles of Association. The Financial Memorandum confirms the annual allocation of a Block Grant pai(1 by the Universtty and further support in the form of accommodation provided on an in-kind basis. This non-monetary support is intrinsic lo the relationship beMeen the University and the Students, Union. There is no reason lo believe that the support from the University will not continue for the foreseeable lulure, as the Education Act 1994 imposes a duly on the University lo ensure the financial viability of its student rep￿sentatIVe body. These financial statements have therefore been prepared on a wing concern basis. Page 22

Christ Church Students. Unlon (A company limited by 9uarante•) Notes to the financial statgments for the year ended 30 Juno 2022 Accounting pollcies {contlnued) 2.3 Income All income is recognised once the Charity has enlillement to the income, it is probable that the income will be received and the amounl of income receivable can be measured reliably. Grants are included in the Sialement of financial activities on a receivable basis. The balance of income re￿1Ve￿ for spocrfic purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, ils recognition is deferred and included in creditors 8s deferred income. Where enlitlemenl occurs before incorne is received, the income is accrued. Gifts in kind donated for distribution are included at valijalion and recognised as ineome when they are dislribtjted to the projects. Gifts donated for resale are included as income when they are sold. Donated goods and sèrvices are rgcognised by the charity as income. Donated goods are measured at fair value. Donated services ale measured al the amount that the charity would expect lo pay in Ihe open market for an allernalive benefit lo the charily. Value lo the charity may be lower than, bul cannot exceed, the Price Ihe charity would pay in the open market. No income is recognised in respect of the contribution of unpaid volunteers. 2.4 Expendlture ExpenditUTe is recognised once there is a legal or conslructive obligation lo transfer economic benefit lo a third party, il is probable that a tfansfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are tnade up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct cosls attributable lo a single activity are allocated directly lo that adivity. Shared costs which contribute lo more than one activity and support costs which are not attributable lo a single activity are apportioned b&￿een those aclivilies on a basis consislenl with the use of resources. Central slafl costs are allocated on Ihe basis of lime spent, and depreciation charges allocated on the portion of the gssel's use. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and indudg projed management carried out al Headquarters. Expenditure on raising funds includes all expenditure incurred by the Charity lo raise funds for its charitable purposes and includes Costs of all fundraising activities events and non-charilable trading. Expenditure on char*table activities is incurred on directly undertaking the activities which further the Charitys objectives, as well as any associat8d support costs. Expenditure is inclusive of irrecoverable VAT. 2.5 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity., this is normally upon notrfication of the interest paid or payable by the institution with whom the funds are deposited. Page 23

Chrfst Chur¢h Students, Unlon (A company Ilmlt9d by guarantee) Notos to the flnanclal statements for the yeaT ended 30 June 2022 Accountlng poll¢les (contlnuedl 2.6 Taxatlon The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a charitable company lor UK corporation tax purposes. Accordingly, the Charity is potentially exempl from laxalion in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the exlenl that such income or gains are applied exclusively to charitable purpos8S. 2.7 Tanglble fixed assets and depreclatlon Tangible fixed assets costing £700 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. cosls incurred lo bring a tangible fixed asset into ils intended Working condition should be included in the measuremanl of cost. Depreciation is charged so as lo allocate Ihe cost of tangible fixed assets less their residual value over their estimated useful lives, using the slraight-line method. Depreciation is provided on the following bases.. Building improvements Office eqkjipment Computer equipment lo°￿ on cost per annum 25/v on cost per annum 33'k on cost Per annum 2.8 Debtors Trade and other debtors are recognised at the selllement amount after any trade discount offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. 2.9 Cash at bank and In hand Cash at bank and In hand includes cash and short-temi highly liquid investments with a short maturity of three months or less from the dale of aGquisition or opening of the deposit or similar account. 2.10 Llabilitlos and provlslons Liabilities arè rocognised when there is an obligation al the Balance sheet dale as a result of a past event, il is probable th81 a transfer of ecor7omi¢ benefit will be required in seltlemenl, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it wll pay lo settle the debt or the amount il has received as advanced payments for the goods or services il must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the lime value of money is material, the provision is based on the present value of those amounts, discounted al the pre-tax discount rale that reflects the risks specific lo the liability. The nwnding of the discount is recognised in the Statement of financial activities as a finance cost. Page 24

Chrlst chU￿h Student$. Union {A company limited by guarantee) Notes to Ihe financlal statemonts for the year ended 30 June 2022 Accountlng policies (continued) 2.11 FlnanGial instluments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised al transaction value and subsequently measured at their selllemenl value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.12 Operating leases Rentals pard under operating leases are charged lo the Statement of financial activities on a slraighl line basis over the lease term. 2.13 Fund a¢¢ountlng G8ner81 funds are unreslricled funds whieh are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been desynaled fgr olher purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Income from donatlons and legacies Total funds 11 months ended 30 June 2021 Unrestri¢ted lund8 Total fund$ 30 June 2022 30 June 2022 Grants Block grant Benefil in Kind 745,014 51,360 745.014 51,360 676,695 47,080 Total 2022 796,374 796,374 723,775 Total 2021 723.775 723,775 Page 25

Chrlst Church Students. Union IA company Ilmited by guaranto91 Notes to the flnanclal statements for the year ended 30 June 2022 Income from charitsble activltles Tolal funds 11 months ended 30 June 2021 Unrestricted funds Total fund$ 30 June 2022 30 June 2022 Fundraising events Membership In¢ome- Sport Membership Income- Societies Marketing income Mi5cellaneovs Income 17,108 31,690 29,938 24,700 113,841 17,108 31,690 29,938 24,700 113.841 13,368 21.632 12,739 24,613 264 Total 2022 217,277 217.277 72,616 Total 2021 72,616 72,616 Investment In¢ome Total ftjnds 11 months ended 30 June 2021 Unrestridèd funds Total funds 30 June 2022 30 June 2022 Bank interest receivable 1,157 1.157 1,733 Total 2021 1,733 1,733 Page 26

Chrlst Church Studgnts, Unlon (A company limlied by guarantee) Notes to the financial statgmgnts for the year ended 30 June 2022 Expenditurg on raising funds Costs of raising voluntary incom• Total funds 11 months ended 30 June 2021 Unrestrlcted fund$ Total funds 30 Juntt 2022 30 June 2022 RAG FLtnds 8.871 8.871 1,283 Total 2021 1.283 1,283 Analysls of expenditure on Gharltable actlvltles Summary by fund typo Unrestrlcted funds Total 11 months ended 30 June 2021 Total 30 June 2022 30 June 2022 Student Representation Sludenl Activities Student Events 808.787 160,506 45,209 808,787 160.506 45.209 668,308 35,733 8,415 1,014,502 1.014,502 712,456 Total 2021 712.456 712,456 Page 27

Christ Church Students. Unlon IA company limlted by guarantee) Notes to the flnancial statements lor the year ended 30 June 2022 Analysis of gxpendlture by 3Gtivities A¢tlvities undertaken dlrectty Total funds 11 months ended 30 June 2021 Support costs Total funds 30 June 2022 30 June 2022 30 June 2022 Student Representation Sport Societies 516.073 160,506 45,209 292,714 808,787 160.506 45.209 668,308 35,733 8.415 721.788 292,714 1.014,502 712,456 Total 2021 467,415 245,041 712,456 Analysi$ of direet costs Total funds 11 months ended 30 June 2021 Total funds 30 Juno 2022 Staff costs 477,774 244.014 396.310 71,105 Other direct costs 721.788 467,415 Page 28

Chrlst Church Students. Unlon (A company Ilmlted by guarantee) Note$ to financlal statements for the year ended 30 June 2022 Analysis of expendlture by a¢tivitios l¢ontlnued} Analysis of support costs Total funds 11 months ended 30 June 2021 Total funds 30 June 2022 Advertising, Sales and Marketing Vehicles, Travel, and Staff Costs Establishment Costs Office Costs Facililies and IT Governance 52,835 42.173 78.263 11.829 35,571 72,043 47,162 37,149 66,452 9.372 35,595 49.311 292.714 245,041 Auditors. remunerallon 11 months ended 30 June 2021 30 June 2022 Fees payable to the Charitys auditOT for the audit of the Charitls annual accounts 8,085 7.350 10. Staff ¢o$t$ 11 months ended 30 June 2021 30 June 2022 Wages and salaries Social security costs OtheT pension costs 393,179 36.861 47.734 336,725 24,002 35,583 477.774 396,310 Page 29

Chrlst Church Students. Unlon (A company limitod by guarantee} Notes to the flnanclal statements for the year ended 30 June 2022 10. Staff costs {contlnued) The average number of persons employed by the Charrty during the year was as follows.. 11 months ended 30 June 2021 30 June 2022 No. Student Acts'vitigs Student Representatives Social & Recreational Clerical & Admin 14 13 The number of employees whose employee benefrts lexcluding employer pension costs) exceeded £60,000 was.. 11 months ended 30 June 2021 30 June 2022 No. In the band £60,001 - £70,000 11. Trustee$. remunerallon and expenses During the year, Trustees received remuneration amountlng lo £84,350 12021 £74,620). Trustees, who are employed as sabbatical officers are remunerated in their roles as sabbatical officers. During the year, no Trustees receNed any benefi'ts in kind {2021- £NILI. 11 months ended 30 June 2021 30 June 2022 Rebecca Thompson Remuneration 19,124 858 Pension contributions paid Remuneration Pension contributions paid Remuneration Pension conlribulions paid Remuneralion Remuneration Remuneration D8niel Bichener 21.064 3,511 743 130 Nathan Baker 18,054 913 17,978 17.978 743 Bethany E￿0d Madeline Young Francesca McGregor 18.108 24,114 21,064 During the year ended 30 June 2022, expenses and fees lotaling £1,983 were reimbursed or paid direcdy to 6 Trustees {2021 - £563 10 5 Trusleesl. Page 30

Christ Church Students. Union (A company limited by 9uaranteel hlotes to the financial statèmènts for the year ended 30 June 2022 12. Tanglble Ilxed assgts Property Improvements Office oquipment Total Cost or valuation At 1 July 2021 Additions 39,607 16.660 10.089 56.267 10.089 At 30 June 2022 39,607 26.749 66.356 Depreclatlon At 1 July 2021 Charg¢ for the year 29,944 3,961 13,685 2,947 43,629 6,908 AI 30 June 2022 33,905 16,632 50.537 Net book value Al 30 June 2022 5,702 10.117 15.819 At 30 June 2021 9,663 2.975 12,638 13. Debtors 2022 2021 Trade deblors 29.568 57,298 27,049 13,759 7,301 18,129 Other debtors Prepayments and accrued income 113,915 39,189 Page 31

Christ Church Students. Unlon IA company limited by guarantee) Notes to the flnancial $tatemonts for the year ended 30 June 2022 14. Credltors: Amounts falllng du9 wlthln on• yoar 2022 2021 Trade credilors Other uedilors Accruals and deferred income 43,612 15.185 2,000 62.988 67,683 111,295 80,173 2022 2021 Accruals and deferr•d income Deferred income at 1 July 2021 Resources deferred during the year Amounts released from previous pedods 62.988 67,683 162.9881 22,134 62,988 (22.1341 67.683 62,988 Page 32

Chrlst Church Students. Unlon IA Company limited by guarantee) Notes lo the flnanclal statements for the year ended 30 June 2022 15. Statement of funds Statèmfrnt of funds - current year Balance at 30June 2022 Balance at I July 2021 Transfers Inlout Income Expendlture Unrestricted fund$ Dtsl9nated funds Fixed assets Clubs & Socielies Lucy Bannister RAG NaSFA Opportunities Hardship Fund Success Fund 12.639 56,821 4,739 4,089 278 6,443 2,158 22,620 3,182 15,821 67.128 4.178 4.823 278 6.443 2,158 61.628 902 7.661 151.3211 {1,9391 {6,9271 476 Segmentstion Project Lounge Development Fund {19,000} {8.489} {3.620} 4.489 4,000 109,787 74.191 187,676) 4,527 100.829 Balance at 30 June 2022 Balance at 1 July 2021 Transfers Inlout Income Expenditure General funds General Funds 311,195 940,617 {935.697) {4.527} 311.588 Total Unrestricted fund5 420.982 1.014,808 {1,023,373} 412,417 Page 33

Chrlst Church Students. Vnlon IA company Ilmlted by guarantee) Notes to the financial statèmènts for th• year ended 30 June 2022 15. Statornent of funds (continued} Clubs and societies The Trustees Ireal incomè received and expenditure incurred by clubs and societies as Designated Funds. In the event of a club or society ceasing to operate anymore a surplus of funds will be returned lo the General Fund. Lucy 8annister The Luey Bannister Fund was established by hAidSoc in 2018 to support student MI￿1Ve$ al the University who are experiencing hardship wth the cost of academic and CO•curriculaT aclivilies. Applications and awards from the Fund are managed by Midsoc with the OVers￿h1 of the Studersls. Union. RAG funds These represent Raise and Give {RAG). whieh is sludenl-led fundraising for other charities. NaSFA Funds held on behalf of the National Student Fundraising Assoeiation. Opportunitles Hardshlp A new fund created from an insurance rebate which students who are experiencing financial hardship will be able to apply lo eover the cost of their club or society membership. Success Fund A new fund created from the designated funds of extinct societies that cu￿ent societies can submit bids to for signifieanl development activity- Segmentatlon Project A fund created from the Canterbury City Councll under the grant scheme for retail, lèisure, and hospilalty to fund the major sludenl segmentation research project. Lounge Development The fund was creale¢J with monies received as part of HM Government's Retall, Leisure, and Hospitality Grant Fund from 2020 for businesses forced lo close due lo COVID-19. 11 was decided to create the Fund and invest this into The Lounge when a suitable opportunity arose, whlch il did in 2022 when new furnrture for the student space was purchased. Page 34

Christ Church Students. Unlon IA company Ilmited by guarantee) Notes to the flnanclal statements for thè year ended 30 June 2022 15. Statèmènt of funds (continued Statement of funds - prior year Balance al 1 August 2020 Balance at 30 June 2021 Transfers iriloul Income Expenditure Unrestrlcted funds Deslgnated funds Fixed assets Clubs & Societies Lucy Bannister RAG NaSFA Opportunities Hardship Fur>d Success Fund Segmentation Project 16,638 55,949 5,452 1,805 (3,9991 10 12,639 56,821 4.739 4.089 278 34,371 22 2.684 358 6,443 2,158 133,5091 1735) 14681 {801 68 6,443 2,158 22,620 22,620 79,844 46.036 {34,7921 18,699 109,787 General funds General Funds 256,753 752,088 (678,947) 118,699} 311.195 Tolal Unrgstrirted funds 336,597 798.124 {713,7391 420,982 Page 35

Chrlst Church Students. Unlon (A company limited by guarantee) Notgs to the Ilnancial statgmgnts for the year ended 30 June 2022 16. Summary of funds Summary of funds- c￿￿ent year Balance at 30 Jung 2022 Balan￿ at I July 2021 Transfers Inlout In¢omg Expgndlture Designated funds General funds 109.787 311,195 74.191 940,617 {87,676) 1935,69n 4,527 14,5271 100,829 311,588 420.982 1,014,808 (1,023,373) 412.417 Summary of funds - prlor year Balance at 1 August 2020 Balance at 30 June 2021 Transfers inloul Income Expenditure Designated funds General funds 79,844 256,753 46,036 752,088 {34,792} 1678,947) 18,699 118,699} 109,787 311,195 336.597 798.124 1713,739) 420,982 17. Analy$ls of net assgts betwgen funds Analy$ls of ngt assgts botwgen funds - current year Unrostrlctod funds 2022 Total funds 2022 Tangible fixed assets Current assets Creditors due within one year 15,819 507,893 1111,2951 15.819 507.893 1111.295> Total 412,417 412,417 Page 36

Chrlst Church Students. Unlon IA company Ilmited by guarantoel Notes to the financial statements for the year ended 30 June 2022 17. Analysis of net ass¢ts between funds Icontlnugdl Analysis of ngt assets between funds - prior year Unrestricted funds 2021 Total funds 2021 Tangible fixed assots Current assets Creditors due within one year 12,638 488.517 180.173) 12,638 488,517 {80,173) Total 420,982 420,982 18. Reconclllatlon of net movement in funds to net cash flow from operatlng actlvltles 11 months ended 2021 2022 Nel incomelexpendituTe for the year {as per Statement of Financial Activities} {8,5651 84,385 Ailjustments for: Depreciation charges Dividonds, interests and Tents from investments Increase in debtors InC￿aSe in creditors 6,908 11.1571 174.7261 31.122 4,831 11,7331 118,9411 8,001 Net cash provided byl{used in> operatlng actlvlties (46,4181 76,543 19. Analysls of cash and cash equlvalents 2022 2021 Cash in hgnd 393,978 449,328 Total Cash and cash equlvalgnts 393,978 449,328 Page 37

Chrlst Church Sludents. Union {A company Ilmlted by guarantge) Not9$ to tho financlal statements for the year ended 30 June 2022 20. Analysls of Changes In n•t debl At 1 July 2021 Cash flows At 30June 2022 Cash al bank and in hand 449,328 (55,3501 393.978 449,328 (55,3501 393,978 21. Pension commitmonts As employees of Canterbury Christ Church University the pension costs relate lo pension reGharges by the University lo the Charity and amounted lo £47,734 12021 £35,583>. The Union is not the admilled member of the defined benefit scheme and the Charity has no liability for the scheme. As a ￿S￿lI there is £Nil12021- £Nill amounts payable to the fund al the balance sheet dale. 22. Operatingloase commitmgnts AI 30 June 2022 the Charity had commitments to make future minimum lease paymènts undgr no cancellable operating leases as follows.. 2022 2021 Not later than 1 year Later th8n 1 year and not later than 5 years 7,498 ,747 8.017 17,283 16,245 25,300 The charitys propety is the subject of an operating lease between the Charity and Canterbury Christ Church University al a nominal rgnl of £1 per year. The value of this is considergd to bo £51,360 {2021: £47,080) and is recognised in thg income as a benefit in kind. Page 38

Chrlst Church Stydents, Union IA company limited by guarantee) Notes lo the financial statements for the year gnded 30 June 2022 23. Related party transactlons Christ Church Students, Union is an independent body opèrating separately from Canterbury Christ Church University bul the Iwo entities work together closely and the majority of the Chanty's income is derived from the University. The Trustees are of the opinion that Ihis financial assistance is not an influencing factor with regards lo the formulation ol Union policy. nor does it have any elfecl on the internal management and decision making of the Union. Christ Church Sludents, Union is in receipt of a Block Grant of £745,014 {2021.. £651,695) and in-kind support lo the value of £51,360 12021.. £47,080) ltsr accommodation from Canterbury Christ Church University. In accordance with Charities SORP 2015 the value of buildings and services are determined al market value. Christ Church Students, Union incurred expenditure from CanlerbLtry Christ Church University for support costs of £581,225 12021.. £396.2851. The balance due lo the Canterbury ChTlSt Church University al the balance sheet dale was £45,842 12021.- £37,217). Additionally, the Charity has charged Canterbury Christ Church University expenses incuTTed on their behalf, in relatiori lo sports aclivilies, a lolal amount of £84,318 12021.. £Nill. The balance due from Canterbury Christ Church University al Ihe balance sheet dale is £44,409. Key management personnel that served in the year was considered to be the Chief Executive Officer and Sabbatical Officers. The aggregate amount of contractual benefits paid to these individuals, including pension contributions and National Insurance Conlribulions. during the year was £276,798 12021.. £235,037). For details on Truslees. remuneralion and claimed expenses whilst carrying out their duts'es, see note 11. 24. Controlling party The ultimate control of the Union is vested under the Constitution in the members. As such no single person or entity controls the Union as defined by the Fir)ancial Reporting Standard 102. Page 39