|||`Page`||
|---|---|---|---|
|`ReportoftheTrustees`||||
|`ReportoftheIndependentAuditors`||||
|`StatementofFinancialActivities`||`10`||
|`BalanceSheet`||`11`||
|`CashFlowStatement`||`12`||
|`NotestotheCashFlowStatement`||`13`||
|`NotestotheFinancialStatements`|`14`|<br>`to`|`22`|
|`DetailedStatementofFinancialActivities`|`23`|<br>`to`|`24`|





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|||`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`<br>`financial`<br>`statements`<br>`were`<br>`approved`<br>`aed“7.4.4..9..4..4.<9...andweresignedon`<br>`73(3{23`|||`by`<br>`the`<br> `itsbehalfby:`||`Board`<br>|`of`|`Trustees`|`and`|`authorised`|`for`|`issue`|`on`|
|<br>`RJ Seymour- Trustee`|||||||||||||












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|`USWSU`|||||||
|---|---|---|---|---|---|---|
|`NOTES`|`TOTHEFINANCIALSTATEMENTS`|<br>`-continued`|||||
|`FORTHEYEARENDED30JUNE2022`<br>|||||||
|`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`||<br>`1,579,299`|<br>`460,114`|<br>`2,039,413`|<br>|
|`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`<br>`-continued`||||||||||||
|`FORTHEYEARENDED30JUNE2022`<br>|||||||||||||
|`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`<br>`Depreciation- ownedassets`|||||||||`8,893`<br>`18,818`|`8,893`<br>`15,239`||
||`Hireofplantandmachinery`||||||||||`751`<br>||
|`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`|<br>`in`|`theyear`|`2021`|<br>`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`||
|||||||||||<br>`117`|<br>`70`||
||`Noemployeesreceivedemolumentsinexcessof`|||`£60,000.`|||||||||
||`Totalremunerationpaidtokey`|`management`|`personnel`|||`intheyear`|`was`|`£209,693`|`(2021`|<br>`-£204,069).`|||
||||<br>`Page`||<br>`18`|<br>|||||<br>`continued...`||





|`USWSU`||||
|---|---|---|---|
|`NOTES`|`TOTHEFINANCIALSTATEMENTS`<br>`-continued`|||
|`FORTHEYEARENDED30JUNE2022`<br>||||
|`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`|<br>`34,838`|<br>`41,052`|
|`17.`|`DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR`|||
|||`2022`|`2021`|
|||`£`|`£`|
||`Tradedebtors`|`38,529`|`39,291`|
||`Prepaymentsandaccruedincome`|`28,666`|`5,548`|
|||<br>`67,195`|<br>`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`<br>||||||
|`19.`|`CREDITORS:AMOUNTSFALLINGDUEAFTER`|`MORETHAN`|`ONEYEAR`|||
|||||`2022`|`2021`|
|||||`£`|`£`|
||`Bankloans(see note20)`|||<br>`58,333`|`78,333`|
|`20.`|`LOANS`|||||
||`Ananalysisofthematurityofloansisgivenbelow:`|||||
|||||`2022`|`2021`|
|||||`£`|`£`|
||`Amountsfallingduewithinone yearondemand:`|||||
||`Bankloans`|||<br>`20,000`|<br>`44,661`|
||`Amountsfallingbetweenoneandtwoyears:`|||||
||`Bankloan`|||<br>`58,333`|<br>`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`||<br> <br>`(2,517,641)`|<br> <br>`83,209`|<br> <br>`(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`|
||<br> <br>`TOTALFUNDS`|<br> <br>`2,499,846`|<br> <br>`(2,259,152)`|<br> <br>`(157,485)`|<br> <br>`83,209`|
||<br>`Page20`||||<br>`continued...`|





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