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2022-07-31-accounts

			Page
Reference and Administrative Detaiis of the Company,		its Trustees and Advisers
Trustees' Report			2-6
Trustees' Responsibilities	Statement
independent Examiner's	Report		8-9
Statement of Financial Activities			10
Balance Sheet
Statement ofCash Flows			12
Notes to the Financial Statements			13-25

Trustees		L Friel, VP Education until 30June 2022- President	L Friel, VP Education until 30June 2022- President	from 1	July 2022
		K Dar J Farley-Moss, VP Acticities	until 30June 2022 -VP	Student	Life from 1 July 2022
		J Sanderson
		BAllsop (appointed 21 April 2022) L Garnett, VP Education from 1 July 2022 (appointed		1 July	2022)
		E Goodridge (appointed 21	April 2022)
		M Trevor (appointed 21 April 2022)
		0 Kasper-Hope (appointed	21 April 2022)
		H Doon (resigned 11 December 2021)
		V Pritchard (resigned 11 December 2021)
		J Rankin, President until 30June 2022 (resigned 30June 2022) SDerbyshire, VP Warrington until 30June 2022 (resigned 30June 2022) G Abbas, VP Shrewsbury until 30June 2022 (resigned 30June 2022)
		N Dodd (resigned 11 December 2021)
		D Tromans (resigned 31 July 2022)
Company number	registered	07623621
Charity registered number		1149397
Registered	office	Chester Students' Union
		Parkgate Road
		Chester
		CH1 4BJ
Senior management		M Webber, CEO
team		A Godolphin, Deputy CEO
Accountants		Dains Audit Limited
		Suite 2, Albion House
		2 Etruria Office Village
		Forge Lane
		Stoke on Trent
		Staffordshire
		ST1 5RQ

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2022	2022	2022	2021
			Note
Income from:
Donations and	legacies			521,181	26,481	547,662	465,228
Charitable activities				18,432		18,432	20,493
Investments				19		19	41
Total income				539,632	26,481	566,113	485,762
Expenditure on:
Charitable activities				540,653	26,481	567)134	478,946
Total expenditure				540,653	26,481	567,134	478,946
Net movement	in funds			(1,021)		(1,021)	6,816
Reconciliation	offunds;
Total funds brought		forward		160,934		160,934	154,118
Net movement	in funds			(1,021)		(1,021)	6,816
Total funds carried forward				159,913		159,913	160,934

					2022	2021
Cash flows from operating		activities
Net cash	used in operating	activities			33,802	(51,198)
Cash flows from investing		activities
Purchase	oftangible fixed assets				(14,131)	(2,758)
Net cash	used in investing	activities			(14,131)	(2,758)
Change	in cash and cash	equivalents	in	the year	19,671	(53,956)
Cash and	cash equivalents	at the beginning		ofthe year	83,972	137,928
Cash and cash equivalents		at the end	of	the year	103,643	83,972

Office equipment	- 20% on a straight	line basis
Computer equipment	- 20% on a straight	line basis

			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
Donations			5		5
Grants			521,176	26,481	547,657
			521,181	26,481	547,662
				Unrestricted	Total
				funds	funds
				2021	2021
Donations				5	5
Grants				465,223	465,223
				465,228	465,228
Income from	charitable	activities
				Unrestricted	Total
				funds	funds
				2022	2022
				F	F
Sponsorship	Income
Media sales				18,432	18,432
				18,432	18,432

		Unrestricted	Total
		funds	funds
		2021	2021
Sponsorship Media sales	Income	8,000 12,493	8,000 12,493
		20,493	20,493

			Unrestricted	Total
			funds	funds
			2022	2022
			F
Bank	interest	received
			Unrestricted	Total
			funds	funds
			2021	2021
Bank	interest	received	41	41

Unrestricted	Restricted	Total
funds	funds	funds
2022	2022	2022
	P
540,653	26,481	567,134

6.	Analysis	ofexpenditure	ofexpenditure	on charitable	activities	(continued)
	Summary	by	fund type	(continued)
								Unrestricted	Total
								funds	funds
								2021	2021
	Improvement		ofStudent	Experience				478,946	478,946
7.	Analysis	of expenditure		by activities
							Activities
							undertaken	Support	Total
							directly	costs	funds
							2022	2022f	2022 E
	Improvement		of Student	Experience			42,692	524,442	567,134
							Activities
							undertaken	Support	Total
							directly	costs	funds
							2021	2021	2021
	Improvement		ofStudent	Experience			19,709	459,237	478,946

					Total	Total
					funds	funds
					2022	2021
					E
Summer	Ball				10,481
Events 8 Campaigns					994	9,593
Student	Advice				3,351	3,316
Student	Activities				11,866	6,800
SERs					16,000
					42,692	19,709
Analysis	of	support		costs
					Total	Total
					funds	funds
					2022	2021
Staff costs					452)160	374,612
Depreciation					4,125	1,500
Insurance					10,921	10,146
IT costs					4,088	6,006
Staff Training					7,534	12,588
Technology		Costs			482	421
Legal 8	Professional			Fees	21,066	23,708
Miscellaneous			Expenditure		21,466	26,256
Governance			Costs		2,600	4,000
					524,442	459,237

				2022	2021
Depreciation		of tangible	fixed assets:
- owned	by	the charity		4,124	1,500
Auditors'	remuneration
Operating	lease rentals			7,500	15,000
				11,624	16,500

	2022	2021
	F
Wages and salaries	410,349	344,785
Social security costs	33,603	23,241
Other pension costs	8,208	6,586
	452,160	374,612

2022	2021
No,	No.
20	18

	Fixtures and	Office	Computer
	fittings	equipment	equipment	Total
			F
Cost or valuation At 1 August 2021 Additions	27,893	783 1,513	27,423 'l2,618	56,099 14,131
At 31 July 2022	27,893	2,296	40,041	70,230
Depreciation At 1 August 2021 Charge for the year	27,893	314 156	23,148 3,968	51,355 4,124
At 31 July 2022	27„893	470	27,116	55,479
Net book value
At 31 July 2022		1,826	12,925	14,751
At 31Ju/y 2021		469	4,275	4,744

		2022	2021
Due within	one year
Trade debtors			5,707
Other debtors		5,607	4,426
Prepayments	and accrued income	70,637	92,842
		76,244	102,975


Creditors	: Amounts	falling due within		one year
						2022f	2021
Trade creditors						19,987	12,097
Other taxation and social security						7,237	7,155
Other creditors						4,789	7,505
Accruals						2,712	4,000
						34,725	30,757
Financial	instruments
						2022	2021
						E
Financial	assets
Financial	assets measured		at fair value	through	income and expenditure	103,643	83,972
Financial	assets measured		at amortised	cost		5,607	10,133
						109,250	94,105
						2022	2021
Financial	liabilities
Financial	liabilities measured		at amo~1ised cost			34,725	30,757

Statemen	t	of	funds - current year
				Balance at 1			Balance at
				August 2021	Income	Expenditure	31 July 2022
				E		E	E
Unrestricted			funds
Reserves				160,934	539,632	(540,653)	159,913
Restricted		funds
Summer	Ball				10,481	(10,481)
SERs					16,000	(16,000)
					26,481	(26,481)
Total of	funds			160,934	566,113	(567„134)	159,913
Statement		of	funds - prior year
				Balance at
				1 August 2020	income	Expenditure	Balance at 31July 2021
Unrestricted			funds
Reserves				154,118	485,762	(478,946)	160,934

17.	Analysis	of net assets between	funds
	Analysis	of net assets between	funds	-current year
					Unrestricted	Total
					funds	funds
					2022	2022
					E	E
	Tangible	fixed assets			14,751	14,751
	Current	assets			179,887	179,887
	Creditors	due within one year			(34,725)	(34,725)
	Tl				159,913	159,913

Analysis	of n	et ass	ets	between funds - prior year
					Unrestricted	Total
					funds	funds
					2021	2021
Tangible	fixed	assets			4,744	4,744
Current	assets				186,947	186,947
Creditors	due	within	one	year	(30,757)	(30,757)
Tl					160,934	160,934

18„	Reconciliation of	net	movem	ent	in fun	ds	t	o net	cash flow	from operating	activities
											2022	2021
	Net income/expenditure		for	the	year	(as		per	Statement	of Financial
	Activities)										(1,021)	6,816
	Adjustments for:
	Depreciation charges										4,124	1,500
	Decrease/(increase)	in	debtors								26i731	(57,742)
	Increase/(decrease)	in	creditors								3,968	(1,772)
	Net cash provided	by/(used		in)	operating		activities				33,802	(51,198)
19.	Analysis ofcash	and	cash equivalents
											2022	2021
	Cash in hand										'I03,643	83,972
	Total cash and cash		equivalents								103,643	83,972