2022-07-31-accounts

						Page
Reference	and Administrative		Details ofthe Charity,	its Trustees	and Advisers
Trustees'	Report					2-15
Trustees'	Responsibilities Statement					16
Independent Auditors'		Report	on the Financial Statements			17-20
Statement	of Financial	Activities				21
Balance Sheet						22
Statement	ofCash Flows					23
Notes to the Financial		Statements				24-47

Trustees			Sarah Ellis
			Colin Dyas
			Bill Hancox
			Eri Mountbatten-O'		Malley
			Alex McCann (resigned			9 November				2021)
			Alykhan Kassam	(resigned				28	February 2022)
			Kathryn Murphy	(appointed				1 July 2021, resigned 20 August 2021)
			Rhiannon Muise	(appointed				1 July 2021, resigned 27 May			2022)
			Georgia Whalley-Smith			(appointed				1 July 2021, resigned	6 December 2021)
			Ben Broadhurst	(appointed				1 July 2022)
			Jack Richardson	(appointed				1	July	2022)
			Doreen Morrin (appointed				25 July 2022)
			Orna Murphy-Horton		(appointed				4 July 2022)
			Elisha Tax (appointed			28 February				2022)
			Georgia Ward (appointed				28 February 2022)
Company	registered
number			07329036
Charity registered
number			1143764
Registered		office	Edge Hill Students'		Union
			The Hub
			St Helens Road
			Ormskirk
			Lancashire
			L394QP
Independent		auditors	Dains Audit Limited
			Statutory Auditor
			Suite 2, Albion House
			2 Etruria Office Village
			Forge Lane
			Stoke on Trent
			Staffordshire
			ST1 5RQ
Solicitors			Weightmans LLP
			100Old Hall Street
			Liverpool
			L3 9QJ

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
		Note	E	f.	F	F
Income from:
Donations and legacies			532,955	238,779	771,734	942,525
Charitable activities			1,198,854		1,198,854	237,802
Other trading activities			5,420		5,420	270
Investments			2,008		2,008	355
Total income			1,739,237	238,779	1,978,016	1,180,952
Expenditure on:
Raising funds			10,887		10,887	5,949
Charitable activities			1,506,039	238,779	1,744,818	1,183,615
Total expenditure			1,516,926	238,779	1,755,705	1,189,564
Net movement in funds			222,311		222,311	(8,612)
Reconciliation offunds:
Total funds brought	forward		527,658		527,658	536,270
Net movement in funds			222,311		222,311	(8,612)
Total funds carried forward			749,969		749,969	527,658

						2022		2021
				Note		E		F
Fixed assets
Intangible assets				14
Tangible assets				15		11,882		3,463
Investments				16		100		'I00
						11,982		3,563
Current assets
Stocks				17	47,229		36,856
Debtors				18	60,495		92,349
Cash at bank	and	in	hand		727,279		471,285
					835,003		600,490
Creditors: amounts			falling due within one
year				19	(97,016)		(76,395)
Net current	assets					737,987		524,095
Total net assets						749,969		527,658
Charity funds
Restricted funds				21
Unrestricted	funds			21		749,969		527,658
Total funds						749,969		527,658

				2022	2021
				E	F
Cash flows from operating		activities
Net cash used in operating	activities			271,403	1,446
Cash flows from investing		activities
Dividends, interests and rents from investments				2,008	355
Purchase oftangible fixed assets				(17,417)
Net cash (used in)/provided		by investing	activities	(15,409)	355
Cash flows from financing		activities
Change in cash and cash		equivalents in	the year	255,994	1,801
Cash and cash equivalents		at the beginning	ofthe year	471,285	469,484
Cash and cash equivalents		at the end of	the year	727,279	471,285
The notes on pages 24 to 47 form part of these financial statements

iation is provided on the following b	asis:
Bar 8 Kitchen equipment	33%
Stone Willy's Kitchen Equipment-	33%
Shop equipment	33%
Subway shop equipment	33%
Subway fixtures and fittings	33%
Office equipment	33%

				Unrestricted	Restricted	Total
				funds	funds	funds
				2022	2022	2022
				E	E	E
Edge Hill University		- Core	Grant	526,201		526,201
Service charge					73,986	73,986
Rental grant					164,793	164,793
Government	grants			6,754		6,754
				532,955	238,779	771,734
				Unrestricted	Restricted	Total
				funds	funds	funds
				2021	2021	2021
					E	E
Edge Hill University		- Core	Grant	436,510		436,510
Service charge					75,440	75,440
Rental grant					146,530	146,530
Coronavirus	Job Retention		Scheme	284,045		284,045
				720,555	221,970	942,525

Unrestricted	Total
funds	funds
2022	2022
E
1,198,854	1,198,854

Unrestricted	Total
funds	funds
2021	2021
E	f.
237,802	237,802

	Unrestricted	Total
	funds	funds
	2022	2022f
Advertising	5,420	5,420
	Unrestricted	Total
	funds	funds
	2021	2021
	F
Advertising	270	270

			Unrestricted	Total
			funds	funds
			2022	2022
				E
	Bank interest	received	2,008	2,008
			Unrestricted	Total
			funds	funds
			2021	2021
	Bank interest	received	355	355
8.	Expenditure	on raising funds

								Unrestricted	Total
								funds	funds
								2022	2022
								E	E
Fundraising		trading	expenses		-wages	and salaries		4,554	4,554
Fundraising		trading	expenses		- Nl			482	482
Fundraising		trading	expenses		- pension	costs		112	112
Allocated	centrally		incurred	fundraising		and governance	costs	5,739	5,739
								10,887	10,887

								Unrestricted	Total
								funds	funds
								2021	2021
								E	E
Fundraising		trading	expenses		-wages	and salaries		2,174	2,174
Fundraising		trading	expenses		- Nl			224	224
Fundraising		trading	expenses		- pension	costs		54	54
Allocated	centrally		incurred	fundraising		and governance	costs	3,497	3,497
								5,949	5,949

		Unrestricted	Restricted
		funds	funds	Total
		2022	2022	2022
		f.	E	P
Commercial	activities	1,062,210	238,779	1,300,989
Student Voice		443,829		443,829
		1,506,039	238,779	1,744,818
		Unrestricted	Restricted
		funds	funds	Total
		2021	2021	2021
		E		f.
Commercial	activities	620,574	194,769	815,343
Student Voice		341,071	27,201	368,272
		961,645	221,970	1,183,615

		Activities
		undertaken	Support	Total
		directly	costs	funds
		2022	2022	2022
		E		F
Commercial	activities	879,318	421,671	1,300,989
Student Voice		221,947	221,882	443,829
		1,101,265	643,553	1,744,818
		Activities
		undertaken	Support	Total
		directly	costs	funds
		2021	2021	2021
		f.	E
Commercial	activities	446,480	368,863	815,343
Student Voice		195,423	172,849	368,272
		641,903	541,712	1,183,615

			Total	Total
			funds	funds
			2022	2021
			F	F
Staff costs			255,302	225,225
Depreciation			3,135	5,250
Rent			221,343	221,970
Staff development			6,674	1,179
Recruitment		costs	274	4,384
Staff recognition			1,820	1,500
Office costs			3,482	1,745
Professional		fees	17,359	5,093
Finance charges			26,879	650
Subscriptions		8 affiliations	53,674	21,653
Sundry expenses				16
Advertising	and marketing		2,524
Governance		costs	7,250	7,250
Irrecoverable		VAT	17,469	16,015
Insurance			11,786	12,410
Designated		reserves - Capital expenditure	11,270	4,318
Designated		reserves - Staffing		7,116
Designated		reserves - Staff wellbeing	3,312	5,938
			643,553	541,712

Auditors' remuneration
			2022	2021
			F	F
Fees payable to the charity's accounts	auditor for the audit of the charity's	annual	7,250	7,100

Staff costs
				2022	2021
				F	E
Wages and	salaries			758,258	663,484
Social security costs				51,389	49,475
Contribution	to defined	contribution	pension schemes	8,889	9,162
				818,536	722, 121

		2022	2021
		No.	No.
Charitable	activities	13	8
Trading		58	34
Support		5	7
		76	49

2022	2021
No.	No.

an empl	o	yment with the charity.	Trustee remuneration and other b	enefits was	as follows:
					2022	2021
						F
Kathryn		Murphy	Remuneration		852	1,539
			Other benefits		13
Rhiannon		Muise	Remuneration		15,777	1,539
			Other benefits		143
Georgia		Whalley-Smith	Remuneration		5,610	1,211
			Other benefits		52
Ben Broadhurst			Remuneration		1,539
			Other benefits		13
Jack Richardson			Remuneration		1,539
			Other benefits		117
Molly Smallwood			Remuneration			10,539
			Pension contributions	paid		204
Ellie Pither			Remuneration			16,692
			Pension contributions	paid		63
Callum	Chambers		Remuneration			16,155
			Pension contributions	paid		258

Notes	to the Financial Statements
For the Year Ended 31 July 2022
14.	Intangible assets
		Trademarks
		F
	Cost
	At 1 August 2021	4,400
	At 31 July 2022	4,400
	Amortisation
	At 1 August 2021	4,400
	At 31 July 2022	4,400
	Net book value
	At 31 July 2022
	At 31 July 2021

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								Investments
								in
								subsidiary
								companies
								f.
Cost or valuation
At 1 August 2021								100
At 31 July 2022								100
Net book value
At 31 July 2022								100
At 31 July 2021								100
Principal subsidiaries
The following was a	subsidiary	undertaking			ofthe charity:
Name						Company	Class of	Holding
						number	shares
Edge Hill Student's	Union Trading		Limited			08613438	Ordinary	100'/o
The financial results	ofthe subsidiary			for the year were:
Name								Net assets
Edge Hill Student's	Union Trading		Limited					100

Stocks
	2022	2021
		F
Bar stock	15,273	11,256
Shop stock	24,298	24,533
Subway stock	4,797	847
Stone Willy's Kitchen stock	2,861	220
	47,229	36,856

		2022	2021
		F	F
Due within one year
Trade debtors		12,579	7,696
Other debtors		42,674	71,773
Prepayments	and accrued income	5,242	12,880
		60,495	92,349

19.	Creditors: Amounts	Creditors: Amounts	falling due within one year
				2022	2021
					F
	Trade creditors			70,013	46,332
	Amounts owed	to group undertakings		128	130
	Other taxation	and social security		12„118	18,995
	Other creditors			2,907	2,080
	Accruals and deferred		income	11,850	8,858
				97,016	76,395

					2022	2021
						F
Financial	assets
Financial	assets measured		at amortised	costs	55,253	79,469
					2022	2021
					F	E
Financial	liabilities
Financial	liabilities	measured	at amortised	cost	84,898	57,398

						Balance at 1			Transfers	Balance at
						August 2021	Income	Expenditure	in/out	31 July 2022
						f.	f.	E	E
Unrestricted funds
Designated funds
Capital						10,801		(11,270)	26,199	25,730
Staff						27„984			(27,984)
Wellbeing						3,900		(3,312)	18,600	19,188
Students'		Union	Building		Fit Out				215,000	215,000
Equipment								(5,863)	30,000	24,137
Subway	remodel								85,000	85,000
						42,685		(20,445)	346,815	369,055
General	funds
Charity						484,973	1,739,237	(1,496,481)	(346,815)	380,914
Total Unrestricted				funds		527,658	1,739,237	(1,516,926)		749,969
Restricted		funds
Rent grant		- Union					238,779	(238,779)
Total of	funds					527,658	1,978,016	(1,755,705)		749,969

Statement	offunds	- prior ye	ar
			Balance at
			1 August			Transfers	Balance at
			2020	Income	Expenditure	in/out	31 July 2021
			E	E		f.	E
Unrestricted	funds
Designated	funds
Capital			9,119		(4,318)	6,000	10,801
Staff			11,500		(7,116)	23,600	27,984
Wellbeing			3,770		(5,938)	6,068	3,900
			24,389		(17,372)	35,668	42,685
General funds
Charity			511,881	958,982	(950,222)	(35,668)	484,973
Total Unrestricted		funds	536,270	958,982	(967,594)		527,658
Restricted	funds
Rent grant - Union				221,970	(221,970)
Total offunds			536,270	1,180,952	(1,189,564)		527,658

Analysis of net assets between funds - prior year
	Unrestricted	Total
	funds	funds
	2021	2021
	E	F
Tangible fixed assets	3,463	3,463
Fixed asset investments	100	100
Current assets	600,490	600,490
Creditors due within one year	(76,395)	(76,395)
	527,658	527,658

23.	Reconciliation of n	et	movem	ent	in fun	ds to	net	cash flow	from	operating	activities
											2022	2021
	Net income/expenditure		for	the	year	(as	per	Statement	of	Financial
	Activities)										222,311	(8,612)
	Adjustments for:
	Depreciation charges										8,998	22,218
	Amortisation charges											1,393
	Dividends, interests	and rents		from	investments						(2,008)	(355)
	Decrease/(increase)	in	stocks								(10,373)	7,166
	Decrease/(increase)	in	debtors								31,854	62,188
	Increase/(decrease)	in	creditors								20,621	(82,552)
	Net cash provided	by	operating		activities						271,403	1,446
24.	Analysis ofcash and		cash equivalents
											2022	2021
											P	F
	Cash in hand										727,279	471,285
	Total cash and cash equivalents										727,279	471,285

						At	1	August		At 31 July
								2021	Cash flows	2022
									E	F
								E
Cash	at	bank	and	in	hand			471,285	255,994	727,279
								471,285	255,994	727,279

			2022f	2021 E
Not later than		1 year	1,762	1,762
Later than	1	year and not later than 5years	5,286	7,048
			7,048	8,810