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2022-06-30-accounts

			Page
Trustees'	annual report
Independent auditor's		report to the members
Statement	offinancial	activities	13
Statement	offinancial	position	14
Statement	ofcash flows		15
Notes to the financial		statements	16

					2022		2021
				Unrestricted	Restricted
				funds	funds	Total funds	Totalfunds
			Note	8	6	K
Income and endowments
Donations and legacies			4	956,647	116,458	1,073,105	998,077
Charitable activities			5	119,015	166,827	285,842	57,816
Other trading activities			6	18,999		18,999	11,114
Investment income			7	56		56	48
Total income				1,094,717	283,285	1,378,002	1,067,055
Expenditure
Expenditure on charitable	activities		8,9	1,057,752	260,509	1,318,261	972,816
Total expenditure				1,057,752	260,509	1,318,261	972,816
Net income and net movement		in	funds	36,965	22,776	59,741	94,239
Reconciliation offunds
Total funds brought forward				340,368	167,041	507,409	413,169
Total funds carried forward				377,333	189,817	567,150	507,409

				2022	2021
			Note		6
Current assets
Debtors			13	101,889	68,039
Cash at bank and in	hand			573,176	544,225
				675,065	612,264
Creditors: amounts	falling	due within one year	14	107,915	104,856
Net current assets				567,150	507,408
Total assets less current		liabilities		567,150	507,408
Net assets				567,150	507,408
Funds ofthe charity
Restricted funds				189,817	167,041
Unrestricted funds				377,333	340,368
Total charity funds			16	567,150	507,409

					2022	2021 f
Cash flows from operating			activities
Net income					59,741	94,239
Adjustments for:
Other interest receivable		and	similar income		(56)	(48)
Accrued income					(23,370)	(886)
Changesin:
Trade and other	debtors				(33,843)	80,043
Trade and other	creditors				26,429	(34,916)
Cash generated	from operations				28,901	138,432
Interest received					50	629
Net cash from operating		activities			28,951	139,061
Net increase in	cash and cash equivalents				28,951	139,061
Cash and cash	equivalents		at beginning	ofyear	544,225	405, 164
Cash and cash	equivalents		at end ofyear		573,176	544,225

Donation	s and le	gacies
			Unrestricted	Restricted	Total Funds
			Funds f	Funds f	2022 f
Donations
University	Block Grant		773,000		773,000
Donation	to Alumni	Fund		116,458	116,458
Legacies
Donated	Facilities	and services	183,647		183,647
			956,647	116,458	1,073,105
			Unrestricted	Restricted	Total Funds
			Funds f	Funds f	2021 f
Donations
University	Block Grant		773,000		773,000
Donation	to Alumni	Fund		52,300	52,300
Legacies
Donated	Facilities	and services	172,777		172,777
			945,777	52,300	998,077

Charitable act	iv	ities
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
						E
NUS Cards					385		385
Commuications		and	societies		12,074		12,074
Sports and lesiure					52,956		52,956
Other income					48,005		48,005
Catering and gaming			machines		5,595		5,595
Clubs and societies			income			166,827	166,827
					119,015	166,827	285,842
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
					E		E
NUS Cards					487		487
Commuications		and	societies		147		147
Sports and lesiure					(2,723)		(2,723)
Other income					8		8
Catering and gaming			machines		651		651
Clubs and societies			income			59,246	59,246
					(1,430)	59,246	57,816
Other trading	activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
				E	E		F
Ancillary trading		income		18,999	18,999	11,114	11,114

Investment i	nco	me
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds 6	2022 6	Funds f	2021 f
Bank interest				56	56	48	48
Expenditure	on	charitable	activities	by fund type
					Unrestricted	Restricted	Total Funds
					Funds 6	Funds	2022 f
Student Support		& Representation			130,362	108,320	238,682
Democratic services					139,991		139,991
NUS services					17,500		17,500
Opportunities					236,286	8,013	244,299
Clubs and societies						144,176	144,179
Support costs					533,613		533,610
					1,057,752	260,509	1,318,261
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
							6
Student Support		& Representation			119,742	49,012	168,754
Democratic services					120,395		120,395
NUS services					17,500		17,500
Opportunities					119,404	6,815	126,219
Clubs and societies					50	47,760	47,811
Support costs					492,137		492,137
					869,228	103,587	972,816

Expenditure on	charitable activities	by activity type
		Activities
		undertaken	Support	Total funds	Total fund
		directly F	costs f	2022 6	2021 f
Student Support	& Representation	238,682	90,714	329,396	252,418
Democratic services		139,991	160,083	300,074	268,036
NUS services		17,500		17,500	17,500
Opportunities		244,299	282,813	527,112	387,051
Clubs and societies		144,179		144,179	47,811
		784,651	533,610	1,318,261	972,816

			Analysis of
			support costs	Total 2022	Total 2021
			6	6	E
Staff	costs		288,671	288,671	270,516
Other	direct	costs	244,939	244,939	221,621
			533,610	533,610	492,137

The follow	ing amounts	are included	in support costs: direct	costs for the audit ofthe	ac	counts:
				2022		2021
				6	~	F
Auditor's	remuneration			6,800		6,800
Staff costs
The total	staff costs and	employee	benefits for the reporting	period are analysed as	follows:
				2022		2021
				6
Wages and salaries				533,233		439,654
Social security costs				22,235		37,322
Employer	contributions	to pension	plans	63,742		81,566
				619,210		558,542

The average	The average	head count	head count	of employees	of employees	during	the year was 12(2021:13).The	average	average	number
offull-time	equivalent		employees		during	the year is analysed as follows:
							2022			2021
							No.			No.
Management		and administration						12		13
The number		ofemployees		whose	remuneration		for the year fell within the following		bands,	were:
							2022			2021
							No.			No.
660,000to	f69,999							1		1

Th	e remuneration is summarised as follows:
		2022	2021
		E
N	Pidcock		23,216
C	Wilkinson-Silk		19,383
C	Hunter-Wem		23,216
W	Salski		19,383
M S	Lewis O'Donoghue	21,661	23,206
E	Manners	19,815
H	Lunnon	21,661
R	Barwise	19,815
M	Edwards	21,661
		104,613	108,404

to E2,579(2021:E3,3 Debtors	63)
				2022	2021
				E	E
Trade debtors				11,174	3,669
Prepayments and accrued income				23,694	68
Other debtors				67,021	64,302
				101,889	68,039
Creditors: amounts	falling due within		one year
				2022	2021
				E	E
Trade creditors				30,612	12,812
Accruals and deferred	income			22,697	46,067
Other creditors - Aberystwyth		University	Creditor	54,606	45,977
				107,915	104,856

						At
			At			30June 202
		1	July 2021 f	Income E	Expenditure F	2 F
General	funds		340,368	1,094,717	(1,057,752)	377,333
			At			At
		1	July 2020	Income	Expenditure	30June 2021
			E	F	F	F
General	funds		254,087	955,509	(869,228)	340,368

	Restricte	d funds
									At
					At				30June 202
					1 July 2021	Income	Expenditure		2
					6	8	6
	Restricted	Fund -	Clubs and societies		150,763	166,827	(144,176)		173,414
	Restricted	Fund -	Alumni	Funding-
	Coaching				13,872	116,458	(115,833)		14,497
	Restricted	Fund -	Tithe and Capitular
	Fund				2,406		(500)		1,906
					167,041	283,285	(260,509)		189,817
					At				At
					1 July 2020 6	Income	Expenditure 6	30June 2021 f
	Restricted	Fund -	Clubs and societies		139,277	59,246	(47,760)		150,763
	Restricted	Fund - Alumni		Funding-
	Coaching				17,399	52,300	(55,827)		13,872
	Restricted	Fund - Tithe and Capitular
	Fund				2,406				2,406
					159,082	111,546	(103,587)		167,041
17.	Analysis	of net assets between funds
						Unrestricted	Restricted		Total Funds
						Funds	Funds		2022
						E	6		6
	Current assets					485,248	189,817		675,065
	Creditors	less than	1 year			(107,915)			(107,915)
	Net assets					377,333	189,817		567,150
						Unrestricted	Restricted		Total Funds
						Funds 6	Funds f		2021 8
	Current assets					445,223	167,041		612,264
	Creditors	less than	1 year			(104,856)			(104,856)
	Net assets					340,367	167,041		507,408
18.	Analysis	ofchanges in net debt
									At
						At 1 Jul 2021 6	Cash flows f		30Jun 2022
	Cash at bank and		in hand			544,225	28,951		573,176