2022-06-30-accounts - Uswsu

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		`Page`
`ReportoftheTrustees`
`ReportoftheIndependentAuditors`
`StatementofFinancialActivities`		`10`
`BalanceSheet`		`11`
`CashFlowStatement`		`12`
`NotestotheCashFlowStatement`		`13`
`NotestotheFinancialStatements`	`14`	`to`	`22`
`DetailedStatementofFinancialActivities`	`23`	`to`	`24`

		`2022`	`2021`
		`Unrestricted`	`Total`
		`funds`	`funds`
	`Notes`	`£`	`£`
`INCOMEANDENDOWMENTSFROM`
`Donationsandlegacies`	`3`	`1,461,439`	`1,602,075`
`Charitableactivities`
`General`		`776,496`	`120,432`
`Othertradingactivities`	`4`	`261,777`	`103,419`
`Investmentincome`	`5`	`134`	`17`
`Total`		`2,499,846`	`1,825,943`
`EXPENDITUREON`
`Raisingfunds`	`7`	`219,739`	`69,072`
`Charitableactivities`	`8`
`General`		`2,039,413`	`1,237,336`
`Total`		`2,259,152`	`1,306,408`
`Actuarialloss/Unwindingforpensionscheme`	`provision`	`(157,485)`	`(81,590)`
`NETINCOME`		`83,209`	`437,945`
`RECONCILIATIONOFFUNDS`
`Totalfundsbroughtforward`		`(2,517,641)`	`(2,955,586)`
`TOTALFUNDSCARRIEDFORWARD`		`(2,434,432)`	`(2,517,641)`

						`2022`		`2021`
						`Unrestricted`		`Total`
						`funds`		`funds`
	`Notes`					`£`		`£`
`FIXEDASSETS`
`Tangibleassets`	`15`					`50,959`		`42,760`
`CURRENTASSETS`
`Stocks`	`16`					`34,838`		`41,052`
`Debtors`	`17`					`67,195`		`44,839`
`Cashatbankandinhand`						`507,741`		`357,020`
						`609,774`		`442,911`
`CREDITORS`
`Amountsfallingduewithinoneyear`	`18`					`(293,624)`		`(155,263)`
`NETCURRENTASSETS`						`316,150`		`287648`
`TOTALASSETSLESSCURRENTLIABILITIES`						`367,109`		`330,408`
`CREDITORS`
`Amountsfallingdueaftermorethanoneyear`	`19`					`(58,333)`		`(78,333)`
`PENSIONLIABILITY`	`23`					`(2,743,208)`		`(2,769,716)`
`NETASSETS/(LIABILITIES)`						`(2,434,432)`		`(2,517,641)`
`FUNDS`	`22`
`Unrestrictedfunds`						`(2,434,432)`		`(2,517,641)`
`TOTALFUNDS`						`(2,434,432)`		`(2,517,641)`
`The` `financial` `statements` `were` `approved` `aed“7.4.4..9..4..4.<9...andweresignedon` `73(3{23`	`by` `the` `itsbehalfby:`	`Board`	`of`	`Trustees`	`and`	`authorised`	`for`	`issue`	`on`
`RJ Seymour- Trustee`

`USWSU`
`NOTES`	`TOTHEFINANCIALSTATEMENTS`	`-continued`
`FORTHEYEARENDED30JUNE2022`
`5.`	`INVESTMENTINCOME`
				`2022`	`2021`
				`£`	`£`
	`Depositaccountinterest`			`134`	`17`
`6.`	`INCOMEFROMCHARITABLEACTIVITIES`
				`2022`	`2021`
				`£`	`£`
	`Shopincome`			`292,427`	`108,871`
	`Barincome`			`289,258`	`7,861`
	`Cateringincome`			`93,916`	`3,700`
	`ENTSdepartmentincome`			`50,747`	`-`
	`SUSportincome`			`50,148`	`-`
				`776,496`	`120,432`
`7.`	`RAISINGFUNDS`
	`Othertradingactivities`
				`2022`	`2021`
				`£`	`£`
	`Staffcosts`			`219,739`	`69,072`
`8.`	`CHARITABLEACTIVITIESCOSTS`
			`Direct`	`Support`
			`Costs(see`	`costs(see`
			`note9)`	`note10)`	`Totals`
			`£`	`£`	`£`
	`General`		`1,579,299`	`460,114`	`2,039,413`
`9.`	`DIRECTCOSTSOFCHARITABLE`	`ACTIVITIES`
				`2022`	`2021`
				`£`	`£`
	`Staffcosts`			`619,081`	`261,222`
	`Hireofplantandmachinery`			`-`	`751`
	`Rent- CampusCentre`			`168,000`	`168,000`
	`Barexpenditure`			`169,528`	`18,227`
	`Shopexpenditure`			`222,671`	`87,647`
	`Cateringexpenditure`			`49,525`	`8,464`
	`ENTSdepartmentexpenditure`			`45,865`	`2,810`
	`SUSportexpenditure`			`150,237`	`23,380`
	`Affiliations`			`26,525`	`24,027`
	`Insurance`			`28,668`	`19,095`
	`Minibushirecosts`			`2,069`	`1,125`
	`Welfare,representation`			`5,073`	`4,252`
	`Baddebt`			`-`	`624`
	`IrrecoverableVAT`			`37,983`	`7,902`
	`Training& DevelopmentProgramme`	`expenditure`		`54,074`		`-`
				`1,579,299`	`627,526`

`USWSU`
`NOTES`	`TOTHEFINANCIALSTATEMENTS` `-continued`
`FORTHEYEARENDED30JUNE2022`
`10.`	`SUPPORTCOSTS`
									`Governance`
		`Salaries`		`Management`			`Depreciation`			`costs`	`Totals`
		`£`				`£`		`£`		`£`	`£`
	`General`	`284,375`			`91,645`			`18,818`		`65,276`	`460,114`
`11.`	`NETINCOME/(EXPENDITURE)`
	`Netincome/(expenditure)isstatedaftercharging/(crediting):`
										`2022`	`2021`
	`Auditors'remuneration` `Depreciation- ownedassets`									`8,893` `18,818`	`8,893` `15,239`
	`Hireofplantandmachinery`										`751`
`12.`	`TRUSTEES'REMUNERATION`	`ANDBENEFITS`
	`Therewerefourtrustees(2021:`	`six)whoreceived`		`remunerationin`			`the`	`yeartotalling£50,703(2021:`			`£52,384).`
									`GrossPay`		`Pension`
										`£`	`£`
	`KayDennis`									`8,579`	`164`
	`CobiFlowers`									`16,663`	`328`
	`DavidPye`									`18,182`	`358`
	`KatieDavies`									`6,310`	`119`
										`49,734`	`969`
	`Trustees’expenses`
	`Notrusteeswerereimbursed`	`intheyear2022`		`or`	`in`	`theyear`	`2021`	`inrespectof`		`travelandsubsistence`		`in`
	`accordancewithsection6.3of`	`thearticlesof`	`association.`
`13.`	`STAFFCOSTS`
									`2022`		`2021`
									`£`		`£`
	`Wagesandsalaries`								`1,066,998`		`753,406`
	`Socialsecuritycosts`								`55,960`		`46,887`
	`Otherpensioncostsanddeficit`	`contributions`							`56,620`		`74,440`
									`1,179,578`		`874,733`
	`Theaveragenumberofemployeesduringtheyearwas`					`asfollows:`
										`2022`	`2021`
										`117`	`70`
	`Noemployeesreceivedemolumentsinexcessof`			`£60,000.`
	`Totalremunerationpaidtokey`	`management`	`personnel`			`intheyear`	`was`	`£209,693`	`(2021`	`-£204,069).`
			`Page`		`18`						`continued...`

`USWSU`
`NOTES`	`TOTHEFINANCIALSTATEMENTS` `-continued`
`FORTHEYEARENDED30JUNE2022`
`14.`	`COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES`
	`Allincomeandexpenditureintheprioryearrelatedtounrestrictedfunds.`
`15.`	`TANGIBLEFIXEDASSETS`
			`Office`
			`fixtures`
			`&fittings`
			`£`
	`COST`
	`At1 July2021`		`231,853`
	`Additions`		`27,017`
	`At30June2022`		`258,870`
	`DEPRECIATION`
	`At1 July2021`		`189,093`
	`Chargeforyear`		`18,818`
	`At30June 2022`		`207,911`
	`NETBOOKVALUE`
	`At30June2022`		`50,959`
	`At30June2021`		`42,760`
`16.`	`STOCKS`
		`2022`	`2021`
		`£`	`£`
	`Stocks`	`34,838`	`41,052`
`17.`	`DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR`
		`2022`	`2021`
		`£`	`£`
	`Tradedebtors`	`38,529`	`39,291`
	`Prepaymentsandaccruedincome`	`28,666`	`5,548`
		`67,195`	`44,839`
`18.`	`CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR`
		`2022`	`2021`
		`£`	`£`
	`Bankloansandoverdrafts(seenote20)`	`20,000`	`44,661`
	`Tradecreditors`	`41,939`	`10,220`
	`Socialsecurityandothertaxes`	`12,611`	`11,249`
	`VAT`	`41,943`	`434`
	`Othercreditors`	`78,083`	`66,895`
	`Accrualsanddeferredincome`	`99,048`	`21,804`
		`293,624`	`155,263`

`USWSU`
`NOTES`	`TOTHEFINANCIALSTATEMENTS- continued`
`FORTHEYEARENDED30JUNE2022`
`19.`	`CREDITORS:AMOUNTSFALLINGDUEAFTER`	`MORETHAN`	`ONEYEAR`
				`2022`	`2021`
				`£`	`£`
	`Bankloans(see note20)`			`58,333`	`78,333`
`20.`	`LOANS`
	`Ananalysisofthematurityofloansisgivenbelow:`
				`2022`	`2021`
				`£`	`£`
	`Amountsfallingduewithinone yearondemand:`
	`Bankloans`			`20,000`	`44,661`
	`Amountsfallingbetweenoneandtwoyears:`
	`Bankloan`			`58,333`	`78,333`
	`Onebankloanbearsinterestof4.2%p.a.overLIBOR.Instalmentsarepaidmonthlyuntil2022.`				`Theotherbank`
	`loanbearsinterestof4.42%p.a.overBaseRate.`	`Instalmentsarepaidmonthlyuntil2025.`
`21.`	`LEASINGAGREEMENTS`
	`Minimumleasepaymentsundernon-cancellableoperatingleasesfalldueasfollows:`
				`2022`	`2021`
				`£`	`£`
	`Withinoneyear`			`168,000`	`168,000`
`22.`	`MOVEMENTINFUNDS`
				`Net`
				`movement`	`At`
			`At1/7/21`	`infunds`	`30/6/22`
			`£`	`£`	`£`
	`Unrestrictedfunds`
	`Generalfund`		`(2,517,641)`	`83,209`	`(2,434,432)`
	`TOTALFUNDS`		`(2,517,641)`	`83,209`	`(2,434,432)`
	`Netmovementinfunds,includedintheaboveare`	`asfollows:`
		`Incoming`	`Resources`	`Gainsand`	`Movement`
		`resources`	`expended`	`losses`	`infunds`
		`£`	`£`	`£`	`£`
	`Unrestrictedfunds`
	`Generalfund`	`2,499,846`	`(2,259,152)`	`(157,485)`	`83,209`
	`TOTALFUNDS`	`2,499,846`	`(2,259,152)`	`(157,485)`	`83,209`
	`Page20`				`continued...`