2022-12-31-accounts - Enactus UK

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		Page
Independent examiner's report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements	4-12

			Unrestricted	Restricted	Total	Unrestdicted	Restricted	Total
			funds	funds		funds	funds
~ln '~mfr ttt;		Notes	2022 f	2022 f		2021f	2021f	2021 f
Donations and	legacies	2	100,850		100,850	70,313	21,000	91,313
Charitable activities		3	2,000		2,000	2,333		2,333
Investments		4	554		554	650		650
Total income			103,404		103,404	73,296	21,000	94,296
~Ex n i gfaJto;
Charitable activities		5	77,972	9,260	87,232	52,494	5,000	57,494
Net incoming/(outgoing)
resources before transfers			25,432	(9,260)	16,172	20,802	16,000	36,802
Gross transfers	between
funds			6,740	(6,740)
Net income/(expenditure)		for
the year/
Net movement	in funds		32,172	(16,000)	16,172	20,802	16,000	36,802
Fund balances	at 1 January
2022			396,296	16,000	412,296	375,494		375,494
Fund balances	at 31
December 2022			428,468		428,468	396,296	16,000	412,296

			2022		2021
		Notes	8		8
Fixed assets
Investments		10
Cunent assets
Debtors			20,157		19,125
Cash at bank and in	hand		409,849		393,170
			430,006		412,295
Creditors: amounts	falling due within
one year		12	(1,539)
Net current assets				428,487		412,295
Total assels less cunant liabilities				428,468		412,296
Income funds
Restricted funds						16,000
Unrestricted funds				428,468		396,298
				428,468		412,296

3	Charitable activities
			Unrestricted	Unrestricted		funds
			funds
			2022f			2021 f
	Other income		2,000			2,333
4	Investments
			Unrestricted		Unrestricted
				funds		funds
				2022		2021
	Interest receivable			554		650
5	Charitable activities
				2022f		2021f
	Staff costs			26,271		23,323
	Enactus worldwide fees			14,158		24,662
	Travelling and meetings			2,176		29
	Programme delivery	costs				6,102
	NextGen Leaders programme			26,079
				68,684		54,116
	Grant funding ofactivities (see note 6)			13,260
	Share ofsupport costs (see note 7)			1,992		253
	Share ofgovernance	costs (see note 7)		3,296		3,125
				87,232		57,494
	Analysis by fund
	Unrestricted funds			77,972		52,494
	Restricted funds			9,260		5,000
				87,232		57,494


			2022
Grants to		institutions:
Nottingham		Trent University	2,300
King's College London			550
Cardiff Metropolitan University			300
Northumbria University			400
University		Of Greenwich	600
University		Of Sheffield	550
University		OfYork	300
Leeds Trinity University			400
University		Of Liverpool	350
University		OfSussex	150
University		Of Nottingham	250
De Montfort University			250
University		ofSouthampton	350
Regional	Feedback Summits		4,210
Aston University			200
Bangor University			200
University		Of Dundee	200
Durham	University		200
University		OfGlasgow	200
Lancaster		University	200
University		Of Manchester	200
University		ofStAndrews	200
University		OfYork	200
University		Of Derby	100
University		Of Exeter	100
University		Of Leicester	100
University		OfWestminster	100
University		Of Surrey	100
			13,260

		Support	Governance	2022Support	costs	Governance	2021
		costs	costs			costs
		8	6	6	f
Exchange	gains	(850)		(850)	(69)		(69)
General admin costs		2,746		2,746	240		240
Bank charges		96		96	82		82
Accountancy			3,296	3,296		3,125	3,125
		1,992	3,296	5,288	253	3,125	3,378
Analysed	between
Charitable	activities	1,992	3,296	5,288	253	3,125	3,378

The average monthly number ofemployees during th	e year was:
	2022	2021
	Number	Number
Employment costs	2022	2021
	6	S
Wages and salaries	23,375	20,750
Social security costs	2,195	1,950
Other pension costs	701	623
	26,271	23,323

						2022	2021
	Other investments	comprise:			Notes	2	9
	Investments in subsidiaries				17
11	Debtors
						2022	2021
	Amounts falling due		within	one year:		5
	Amounts owed by	subsidiary		undertakings		20,157	19,125
12	Creditors: amounts		falling	due within one year
						2022	2021
						0	9
	Other taxation and	social security				1,066
	Trade creditors					175
	Other creditors					298
						1,539