2023-06-30-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

Education Act 1994.	AUSU is devoted to the educational	AUSU is devoted to the educational	interests and welfa	interests and welfa
Auditor	Francis Gray Chartered		Accountants
	Chartered	accountants	& statutory	auditor
	Ty Madog
	32 Queens	Road
	Aberystwyth
	Ceredigion
	SY232HN
Bankers	HSBC
	19Great Darkgate Street
	Aberystwyth
	Ceredigion
	SY23 1DE

					2023		2022
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	F		6	F
Income and endowments
Donations and legacies			4	1,128,293	23,100	1,151,393	1,073,105
Charitable activities			5	112,145	232,900	345,045	285,842
Other trading activities			6	65,482		65,482	18,999
Investment income			7	2,227		2,227	56
Total income				1,308,147	256,000	1,564,147	1,378,002
Expenditure
Expenditure on charitable		activities	8,9	1,282,299	289,912	1,572,211	1,318,261
Total expenditure				1,282,299	289,912	1,572,211	1,318,261
Net (expenditure)/income		and net
movement in funds				25,848	(33,912)	(8,064)	59,741
Reconciliation offunds
Total funds brought	forward			377,333	189,817	567,150	507,409
Total funds carried	forward			403,181	155,905	559,086	567,150

					2023	2022
				Note	f	f
Current assets
Debtors				13	106,486	101,889
Cash at bank and	in	hand			584,400	573,176
					690,886	675,065
Creditors: amounts		falling	due within one year	14	131,800	107,915
Net current assets					559,086	567,150
Total assets less	current		liabilities		559,086	567,150
Net assets					559,086	567,150
Funds ofthe charity
Restricted funds					155,905	189,817
Unrestricted funds					403,181	377,333
Total charity funds				16	559,086	567,150

				2023 F	2022 f
Cash flows from operating		activities
Net (expenditure)/income				(8,064)	59,741
Adjustments for:
Other interest receivable and		similar income		(2,227)	(56)
Accrued expenses/(income)				11,257	(23,370)
Changesin:
Trade and other	debtors			(3,201)	(33,843)
Trade and other	creditors			12,628	26,429
Cash generated	from operations			10,393	28,901
Interest received				831
Net cash from operating activities				11,224	28,950
Net increase in	cash and cash equivalents			11,224	28,950
Cash and cash	equivalents	at beginning	ofyear	573,176	544,226
Cash and cash	equivalents	at end ofyear		584,400	573,176

Donations	and leg	acies
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2023
					8
Donations
University	Block Grant		823,000		823,000
Donation	to Alumni	Fund		23,100	23,100
BUGS			58,000		58,000
Welsh Communities		Project	29,000		29,000
Legacies
Donated	Facilities	and services	218,293		218,293
			1,128,293	23,100	1,151,393
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
			6	6	F
Donations
University	Block Grant		715,000		715,000
Donation	to Alumni	Fund		116,458	116,458
BUGS			58,000		58,000
Welsh Communities		Project
Legacies
Donated	Facilities	and services	183,647		183,647
			956,647	116,458	1,073,105

					Unrestricted	Restncted	Total Funds
					Funds	Funds	2023
					F		5
Totum Cards					331		331
Communications		and	societies		15,359		15,359
Sports and leisure					57,177		57,177
Other income					33,387		33,387
Catering and	gaming		machines		5,891		5,891
Clubs and societies income						232,900	232,900
					112,145	232,900	345,045
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
						F	F
Totum Cards					385		385
Communications		and	societies		12,074		12,074
Sports and leisure					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
Other trading	activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2023	Funds	2022
					E
Ancillary trading		income		65,482	65,482	18,999	18,999

Investment i	nco	me
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds F	2023 f	Funds f	2022 F
Bank interest				2,227	2,227	56	56
Expenditure	on	charitable	activities	by fund type
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2023
					f		F
Student Support & Representation Democratic services					132,167 151,477	17,814	149,981 151,477
NUS services					18,097		18,097
Opportunities Clubs and societies					297,053	8,305 263,793	305,358 263,795
Support costs					683,505		683,503
					1,282,299	289,912	1,572,211
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
					F	F.	F
Student Support &Representation Democratic services					130,362 139,991	108,320	238,682 139,991
NUS services					17,500		17,500
Opportunities					236,286	8,013	244,299
Clubs and societies						144,176	144,179
Supportcosts					533,613		533,610
					1,057,752	260,509	1,318,261

Expenditure on charitable activities	by activity type
	Activities
	undertaken	Support	Total funds	Total fund
	directly	costs	2023	2022
	F	F	F
Student Support 8 Representation Democratic services	149,981 151,477	116,196 205,051	266,177 356,528	329,396 300,074
NUS sennces	18,097		18,097	17,500
Opportunities	305,358	362,256	667,614	527,112
Clubs and societies	263,795		263,795	144,179
	888,708	683,503	1,572,211	1,318,261

Analy	sis of	support costs
			Analysis of
			support costs f	Total 2023 F	Total 2022 f
Staff	costs		427,016	427,016	288,671
Other	direct	costs	256,489	256,489	244,939
			683,505	683,505	533,610

t ofthe ac	counts:
2023	2022
F	F
7,480	6,800

Staff cos	ts
The total	staff costs and	employee	benefits for the reporting	period are analysed as	follows:
				2023	2022
				F	E
Wages and salaries				605,882	533,233
Social security costs				43,365	22,235
Employer	contributions	to pension	plans	109,395	63,742
				758,642	619,210

of full-time e	quivalent emp	loyees during the ye	ar is analysed as follows:
			2023	2022
			No.	No.
Management	and administration		14	12
The number	ofemployees	whose remuneration	for the year fell within the following	bands, were:
			2023	2022
			No.	No.
F60,000to 669,999			1	1

Th	e remuneration is summarised as follows:
		2023	2022
		F
S	O'Donoghue		21,661
E	Manners	22,407	19,815
H	Lunnon		21,661
R	Barwise	22,407	19,815
M	Edwards		21,661
A	Sturrock	27,019
C	Curry	22,595
D	Jones	27,019
		121,447	104,613

to f2,561 (20 Debtors	2	2:F2,5	79)
						2023	2022
						F	F
Trade debtors						18,090	11,174
Prepayments	and accrued income					7,800	23,694
Other debtors						80,596	67,021
						106,486	101,889
Creditors: amounts			falling due within		one year
						2023 f	2022 F
Trade creditors						27,542	30,612
Accruals and	deferred		income			33,954	22,697
Other creditors		—Aberystwyth		University	Creditor	70,304	54,606
						131,800	107,915

Analysis ofc	haritable funds
Unrestricted	funds
		At 1 July			At 30June
		2022	Income	Expenditure	2023
		F	6	6	F
General funds		377,333	1,308,147	(1,282,299)	403,181
		At 1 July			At 30June
		2021	Income	Expenditure	2022
		F.	F		F
General funds		340,368	1,094,717	(1,057,752)	377,333

16.	Analysis o Restricted	fcharita funds	ble fu	nds (r.onrrnuerr)
					At 1 July			At 30June
					2022	Income	Expenditure	2023
					E	E	E	E
	Restricted	Fund - Clubs and societies			173,414	232,900	(263,793)	142,521
	Restricted	Fund - Alumni		Funding-
	Coaching				14,497	23,100	(25,311)	12,286
	Restricted	Fund - Tithe and Capitular
	Fund				1,906		(808)	1,098
					189,817	256,000	(289,912)	155,905
					At 1 July			At 30June
					2021	Income	Expenditure	2022
					F	E	E	F
	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
17.	Analysis of net assets between funds
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2023
						E	E	E
	Current assets					534,981	155,905	690,886
	Creditors less than		1 year			(131,800)		(131,800)
	Net assets					403,181	155,905	559,086
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2022
						E	E	E
	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
18.	Analysis ofchanges in			net debt
						At 1 Jul		At 30Jun
						2022	Cash flows	2023
						E	F	E
	Cash at bank and		m hand			573,176	11,224	584,400