| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 | |
| Independent Examiner's |
Report | |||
| Statement of Financial | Activities | |||
| Balance Sheet | 10 | |||
| Cash Flow Statement | ||||
| Notes to the Cash Flow | Statement | 12 | ||
| Notes to the Financial Statements | 13 | to | 23 | |
| Detailed Statement of Financial Activities | 24 | to | 26 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restncted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | 6 | E | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
72,906 | 133,544 | 206,450 | 245,955 | ||
| Charitable activities |
||||||
| Representation, social and welfare |
228,849 | 37,484 | 266,333 | 85,998 | ||
| Other trading activities |
174,140 | 174,140 | 81,361 | |||
| Investment income |
84 | 84 | 15 | |||
| Total | 475,979 | 171,028 | 647,007 | 413,329 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 6 | 118,109 | 118,109 | 76,627 | ||
| Charitable activities |
7 | |||||
| Representation, social and welfare |
349,710 | 157,676 | 507,386 | 387,643 | ||
| Total | 467,819 | 157,676 | 625,495 | 464,270 | ||
| NET INCOME/(EXPENDITURE) | 6,160 | 13,352 | 21,512 | (50,941) | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
192,690 | 39,904 | 232,594 | 283,535 | ||
| TOTAL FUNDS CARRIED FORWARD | 200,850 | 53,256 | 254,106 | 232,594 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restncted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | E | E | E | |||
| FIXEDASSETS | ||||||
| Tangible assets | 14 | 45,112 | 45,112 | 51,346 | ||
| CURRENT ASSETS | ||||||
| Stocks | 15 | 27,164 | 27,164 | 27,536 | ||
| Debtors | 16 | 22,719 | 22,719 | 7,772 | ||
| Cash at bank and | in hand | 190,826 | 54,300 | 245,126 | 212,418 | |
| 240,709 | 54,300 | 295,009 | 247.726 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
I7 | (84,971) | (1,044) | (86,015) | (66,478) | |
| NET CURRENT ASSETS | 155,738 | 53,256 | 208,994 | 181,248 | ||
| TOTAL ASSETS | LESS CURRENT LIABILITIES | 200,850 | 53,256 | 254,106 | 232,594 | |
| NET ASSETS | 200,850 | 53,256 | 254,106 | 232,594 | ||
| FUNDS | 18 | |||||
| Unrestncted funds |
200,850 | 192,690 | ||||
| Restricted funds | 53,256 | 39,904 | ||||
| TOTAL FUNDS | 254,106 | 232,594 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | 6 | r | |||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
39,291 | (16,830) | |||
| Net cash provided by/(used |
in) operating | activities | 39,291 | (16,830) | |
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets |
(6,667) | (5,109) | |||
| Interest received | 84 | 15 | |||
| Net cash used in investing |
activities | (6,583) | (5,094) | ||
| Change in cash and cash |
equivalents | in | |||
| the reporting period |
32,708 | (21,924) | |||
| Cash and cash equivalents | atthe | ||||
| beginning ofthe reporting |
period | 212,418 | 234,342 | ||
| Cash and cash equivalents | at the end | of | |||
| the reporting period |
245,126 | 212,418 |
| RECONCILIATION | OF NET INCOME/(EXPENDITURE) | OF NET INCOME/(EXPENDITURE) | OF NET INCOME/(EXPENDITURE) | OF NET INCOME/(EXPENDITURE) | TO NET CASH FLOW FROM OPERATING | ACTIVITIES |
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| K | 5 | |||||
| Net income/(expenditure) | for the reporting | period (as | per the Statement | |||
| of Financial Activities) | 21,512 | (50,941) | ||||
| Adjustments for: |
||||||
| Depreciation charges |
12,901 | 12,337 | ||||
| Interest received | (84) | (15) | ||||
| Decrease/(increase) | in stocks | 372 | (1,030) | |||
| Increase in debtors |
(14,947) | (2,336) | ||||
| Increase in creditors | 19,537 | 25,155 | ||||
| Net cash provided | by/(used | in) operations | 39,291 | (16,830) |
| ANALYSIS OF CHANGES IN NET FUNDS |
|||
|---|---|---|---|
| Al 1.8.21 | Cash flow | At 31.7.22 | |
| f | 5 | ||
| Net cash | |||
| Cash at bank and in hand | 212,418 | 32,708 | 245,126 |
| 212,418 | 32,708 | 245,126 | |
| Total | 212,418 | 32,708 | 245,126 |
| DONATION | S AND LEGACIES |
||
|---|---|---|---|
| 2022 | 2021 | ||
| E | |||
| Donated services and facilities | 133,545 | 92,793 | |
| University | Grants | 67,435 | 71,952 |
| Coronavirus | Grants | 5,470 | 81,210 |
| 206,450 | 245,955 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| 6 | E | |||||
| Shop income | 134,156 | 77,896 | ||||
| Private Events | 542 | |||||
| Machine sales | 515 | |||||
| Photo booth | commission | 296 | 60 | |||
| Room hire | 2,177 | 970 | ||||
| NUS Extra | 1,793 | 900 | ||||
| Marketing-Promotion/Adverts | 1,246 | 453 | ||||
| Events | 33,957 | 540 | ||||
| 174,140 | 81,361 | |||||
| INVESTMENT INCOME | ||||||
| 2022 | 2021f | |||||
| Deposit account | interest | 84 | 15 | |||
| INCOME FROM | CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | |||||
| Activity | K | F | ||||
| Bar Income | Representation, | social and welfare | 105,173 | 16,594 | ||
| Cafe Income | Representation, | social and welfare | 123,676 | 40,182 | ||
| Grants | Representation, | social and welfare | 37,484 | 29,222 | ||
| 266,333 | 85,998 | |||||
| Grants received, | included | in the above, are as follows: | ||||
| 2022 | 2021 | |||||
| K | E | |||||
| Clubs and soaeties | 25,484 | 17,222 | ||||
| Shrivenham | Campus | 12,000 | 12,000 | |||
| 37,484 | 29,222 |
| Other trading | activities | |||
|---|---|---|---|---|
| 2022 E |
2021f | |||
| Purchases | 93,765 | 51,911 | ||
| Staff costs | 19,929 | 19,170 | ||
| Space charges | 2,428 | 1,918 | ||
| Telephone | 917 | 151 | ||
| Maintenance | 416 | 938 | ||
| Sundries | 654 | 125 | ||
| Stock take | 563 | |||
| Light and heat | 1,851 | |||
| 118,109 | 75.627 | |||
| CHARITABLE | ACTIVITIES COSTS | |||
| Support | ||||
| Direct | costs (see | |||
| Costs | note 9) | Totals | ||
| E | E | E | ||
| Representation, | social and welfare | 337,987 | 169,399 | 507,386 |
| GRANTS PAYABLE | ||||
| 2022 | 2021 | |||
| E | ||||
| Representation. | social and welfare | 4,075 |
| SUPPORT COSTS | SUPPORT COSTS | SUPPORT COSTS | SUPPORT COSTS | SUPPORT COSTS | |||||
|---|---|---|---|---|---|---|---|---|---|
| Governance | |||||||||
| Finance E |
Other F |
costs f |
Totals f |
||||||
| Representation, | social | and welfare | 4,978 | 154,421 | 10,000 | 169,399 | |||
| Support | costs, | included | in the above. are as follows: | ||||||
| 2022 | 2021 | ||||||||
| Representation, | |||||||||
| social | |||||||||
| and | Total | ||||||||
| welfare | activities | ||||||||
| 5 | |||||||||
| Bank charges | 4,978 | 6,915 | |||||||
| Wages | 19,609 | 19,027 | |||||||
| Social security | 702 | ||||||||
| Sunddies | 776 | 2,000 | |||||||
| Training | 491 | 368 | |||||||
| Services | provided | in kind | 133,545 | 92,793 | |||||
| Auditors' | remuneration | 8,200 | |||||||
| Accountancy | and | legal | fees | 10,000 | 1,586 | ||||
| 169,399 | 131,591 |
| COMPARATIVES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| E | 8 | 8 | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
144,723 | 101,232 | 245,955 | ||
| Charitable activities |
|||||
| Representation, social and welfare |
56,776 | 29,222 | 85,998 | ||
| Other trading activities |
81,361 | 81,361 | |||
| Investment income |
15 | 15 | |||
| Total | 282,875 | 130,454 | 413,329 | ||
| EXPENDITURE ON | |||||
| Raising funds | 71,366 | 5,261 | 76,627 | ||
| Charitable activities |
|||||
| Representation, social and welfare |
278,277 | 109.366 | 387,643 | ||
| Total | 349,643 | 114,627 | 464.270 | ||
| NET INCOME/(EXPENDITURE) | (66,768) | 15,827 | (50,941) | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 259.458 | 24,077 | 283,535 | |
| TOTAL FUNDS CARRIED FORWARD | 192,690 | 39,904 | 232,594 | ||
| TANGIBLE FIXEDASSETS | |||||
| Improvements | Fixtures | ||||
| to | and | ||||
| property f |
fittings 8 |
Totals | |||
| COST | |||||
| At 1 August 2021 | 258,337 | 145,176 | 403,513 | ||
| Additions | 3,500 | 3,167 | 6,667 | ||
| At 31 July 2022 | 261,837 | 148,343 | 410,180 | ||
| DEPRECIATION | |||||
| At 1 August 2021 | 218,325 | 133,842 | 352,167 | ||
| Charge for year | 6,004 | 6,897 | 12,901 | ||
| At 31 July 2022 | 224,329 | 140,739 | 365,068 | ||
| NET BOOK VALUE | |||||
| At 31 July 2022 | 37,508 | 7,604 | 45,112 | ||
| At 31 July 2021 | 40,012 | 11,334 | 51,346 |
| 15, | STOCKS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| 6 | f | ||||||||
| Stocks | 27,164 | 27,536 | |||||||
| 16. | DEBTORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 2022 | 2021 | ||||||||
| E | |||||||||
| Trade debtors | 18,510 | 1,388 | |||||||
| Other debtors | 1,495 | ||||||||
| Prepayments | 4,209 | 4,889 | |||||||
| 22,719 | 7,772 | ||||||||
| 1'r. | CREDITORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 2022 | 2021 | ||||||||
| E | E | ||||||||
| Trade creditors | 25,099 | 9,433 | |||||||
| Taxation and | social secunty | 15,024 | 10,719 | ||||||
| Other creditors | 45,892 | 46,326 | |||||||
| 86,015 | 66,478 | ||||||||
| 18. | MOVEMENT | IN FUNDS | |||||||
| Net | |||||||||
| movement | At | ||||||||
| At 1.8.21 8 |
N funds f |
31.7.22 | |||||||
| Unrestricted | funds | ||||||||
| General fund |
192,690 | 8,160 | 200,850 | ||||||
| Restricted | funds | ||||||||
| Clubs and Societies | 32,840 | 9,137 | 41,977 | ||||||
| Shrivenham | Campus | 7,064 | 4,215 | 11,279 | |||||
| 39,904 | 13,352 | 53,256 | |||||||
| TOTAL FUNDS | 232,594 | 21,512 | 254,106 |
| Net movement in funds, incl |
ude | d in the above |
are as follows | ||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources f |
expended 8 |
in funds E |
|||
| Unrestricted funds |
|||||
| General fund | 475,979 | (467,819) | 8,160 | ||
| Restricted funds | |||||
| Clubs and Societies | 25,483 | (16,346) | 9,137 | ||
| Shrivenham Campus |
12,000 | (7,785) | 4,215 | ||
| University Grants |
133,545 | (133,545) | |||
| 171,028 | (157,676) | 13,352 | |||
| TOTAL FUNDS | 647,007 | (625,495) | 21,512 | ||
| Comparatives for movement |
in funds | ||||
| Net | |||||
| movement | At | ||||
| At 1.8.20 f |
in funds f |
31.7.21 E |
|||
| Unrestricted funds |
|||||
| General fund | 259,458 | (66,768) | 192,690 | ||
| Restricted funds | |||||
| Clubs and Societies | 23,283 | 9,557 | 32,840 | ||
| Shrivenham Campus |
794 | 6,270 | 7,064 | ||
| 24,077 | 15,827 | 39,904 | |||
| TOTAL FUNDS | 283,535 | (50,941) | 232,594 | ||
| Comparative net movement |
m | funds, included | in the above are as follows: | ||
| Incoming | Resources | Movement | |||
| resources f |
expended f |
in funds f |
|||
| Unrestricted funds |
|||||
| General fund |
282,8'75 | (349,643) | (66,768) | ||
| Restricted funds | |||||
| Clubs and Societies | 17,223 | (7,666) | 9,557 | ||
| Shrivenham Campus |
12,000 | (5,730) | 6,270 | ||
| University Grants |
101,231 | (101,231) | |||
| 130,454 | (114,627) | 15,827 | |||
| TOTAL FUNDS | 413.329 | (464,270) | (50,941) |
| A curren | t yea | r 12months and prior year 12 m |
onths combined position isas follows: |
||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.8.20 | in funds | 31.7.22 | |||
| E | 6 | 6 | |||
| Unrestricted | funds | ||||
| General | fund | 259,458 | (58,608) | 200,850 | |
| Restricted funds | |||||
| Clubs and Soaeties | 23,283 | 18,694 | 41,977 | ||
| Shrivenham | Campus | 794 | 10,485 | 11,279 | |
| 24.077 | 29,179 | 53,256 | |||
| TOTAL | FUNDS | 283,535 | (29,429) | 254,106 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources 6 |
expended | in funds f |
||
| Unrestricted funds |
||||
| General fund |
758,854 | (817,462) | (58,608) | |
| Restricted | funds | |||
| Clubs and | Societies | 42.706 | (24,012) | 18.694 |
| Shrivenham | Campus | 24.000 | (13.515) | 10,485 |
| University | Grants | 234,776 | (234.776) | |
| 301,482 | (272,303) | 29,179 | ||
| TOTAL FUNDS | 1,060,336 | (1,089,765) | (29,429) |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 8 | E | |||
| INCOME AND | ENDOWMENTS | |||
| Donations and |
legacies | |||
| Donated services | and facilities | 133,545 | 92,793 | |
| University Grants |
67,435 | 71,952 | ||
| Coronavirus Grants |
5,470 | 81,210 | ||
| 206,450 | 245,955 | |||
| Other trading | activities | |||
| Shop income | 134,156 | 77,896 | ||
| Private Events | 542 | |||
| Machine sales | 515 | |||
| Photo booth commission | 296 | 60 | ||
| Room hire | 2,177 | 970 | ||
| NUS Extra | 1,793 | 900 | ||
| Marketing-Promotion/Adverts | 1,246 | 453 | ||
| Events | 33,957 | 540 | ||
| 174,140 | 81,351 | |||
| Investment income |
||||
| Deposit account | interest | 84 | 15 | |
| Charitable activities |
||||
| Bar Income | 105,173 | 18,594 | ||
| Cafe Income | 123,676 | 40,182 | ||
| Grants | 37,484 | 29,222 | ||
| 266,333 | 85,998 | |||
| Total incoming | resources | 647,007 | 413,329 | |
| EXPENDITURE | ||||
| Other trading | activities | |||
| Purchases | 93,765 | 51.911 | ||
| Wages | 19,929 | 17,327 | ||
| Soaal secunty | 1,843 | |||
| Space charges | 2,428 | 1,918 | ||
| Telephone | 917 | 151 | ||
| Maintenance | 416 | 938 | ||
| Sundnes | 654 | 125 | ||
| Stock take | 563 | |||
| Light and heat | 1,851 | |||
| 118,109 | 76,627 |
| 2022 F |
2021f | ||||||
|---|---|---|---|---|---|---|---|
| Other trading | activities | ||||||
| Charitable activities |
|||||||
| Wages | 118,010 | 131,594 | |||||
| Social security | 3,789 | 5,249 | |||||
| Pensions | 1,190 | 3,140 | |||||
| Space charges | 17,356 | 9.623 | |||||
| Light and heat | 12,164 | 6.065 | |||||
| Telephone | 154 | ||||||
| Office costs | 2,771 | e,ses | |||||
| Computer costs | 1,091 | ||||||
| Community support |
1,818 | ||||||
| Purchases | 110,284 | 29,990 | |||||
| Equipment rental |
1,455 | 1,902 | |||||
| Repairs and maintenance | 5,811 | 7,463 | |||||
| Cleaning | 5,797 | 10,440 | |||||
| Sundry expenditure |
694 | ||||||
| Stock take | 845 | 516 | |||||
| Security | 1,432 | 1,363 | |||||
| Entertainment | 10,838 | 4,563 | |||||
| Room hire | 1,940 | ||||||
| Insurance | 9,010 | 8,118 | |||||
| Subscriptions | 5,079 | 6,091 | |||||
| Individual C&S Expenditure |
16,346 | 4,150 | |||||
| Improvements | to property | 6,004 | 5,879 | ||||
| Fixtures and fittings | 6,897 | 6,458 | |||||
| Grants to individual | clubs | and | societies | 3,516 | |||
| Grants to Shrivenham | Students | 559 | |||||
| 337,987 | 256,052 | ||||||
| Supportcosts | |||||||
| Finance | |||||||
| Bank charges | 4,978 | 6,915 | |||||
| Other | |||||||
| Wages | 19,609 | 19,027 | |||||
| Social security | 702 | ||||||
| Sunddies | 776 | 2,000 | |||||
| Training | 491 | 368 | |||||
| Services provided | in | kind | 133,545 | 92,793 | |||
| 154,421 | 114,890 | ||||||
| Governance | costs | ||||||
| Auditors' remuneration |
8.200 | ||||||
| Accountancy | and | legal fees | 10,000 | 1,586 | |||
| 10,000 | 9,7ee |
| 2022 | 2021 | |
|---|---|---|
| 6 | ||
| Total resources expended | 625,495 | 464,270 |
| Net income/(expenditure) | 21,512 | (50,941) |