| Reference and Administrative Details |
.. . . .... .. . .,.. | ......,.............. ..,. . .. . ... .......1 | ......,.............. ..,. . .. . ... .......1 |
|---|---|---|---|
| Trustees' Report. ........,. ...„. ... |
|||
| Independent examiner's report |
12 | ||
| Statement offinancial activities, BalanceSheet,... . . ... Notes to the financial statements, |
,13 .......... . ...,... . . ..... . ............ . .....,.......... . ...... ... . ....14 .. ..., ,.„~. . . .. .„. . .,. . . ., .,~... . .....,,.15to 24 |
||
| The following page | docs not form part ofthe statutory | financial | statements |
| Statement offinancial activities per fund. . |
..25 |
| Unrestricted | Total Funds | Total Funds | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | 2023 | 2022 | ||||
| Note | ||||||
| Incomiog resources | ||||||
| Incoming resources &om generated | funds | |||||
| Trading activities | 3 | 13,375 | 13,375 | 11,365 | ||
| Investment income Incoming resources from charitable |
activities | 4 2, s |
9,228 so 679 |
9,228 ~679 |
548 l990k |
|
| Total incoming resources |
226,282 | 226482 | 208,992 | |||
| Resources expended | ||||||
| Costs ofgenerating funds |
||||||
| Raising funds Charitable activities Support costs |
3,8 6 |
5,032 183,602 |
5,032 183,602 ~sar |
4,033 179,536 ~& |
||
| Totalrcsources expended |
225,054 | 225,054 | 203,896 | |||
| Net movements in funds Reconciliation offunds Total funds brought forward |
1,228 1,228 106~— ~era |
5,096 ~risc |
||||
| Total funds carried forward | 108,207 | 108,207 | 106,979 |
| 2022 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Fixed assets | |||||||
| Tangible assets |
13 | 4,323 | 6,080 | ||||
| Current assets |
|||||||
| Debtors | 14 | 3,426 | 275 | ||||
| Cash at bank | and in hand | 123,316 ~l2, 42 |
107,209 107,484 |
||||
| Creditors: Amounts | falling | ||||||
| due within one year | 15 | (22,858) | (6,585) | ||||
| Net current | assets | 103,884 | 100,899 | ||||
| Nct assets | 108,207 | 106,979 | |||||
| The funds ofthe charityl | |||||||
| Unrcstrlcted | funds | ||||||
| Vnrestncted | income | funds | 108,207 | 106,979 | |||
| Totnl charity | funds | 108,207 | 106,979 |
| Grant | ||
|---|---|---|
| Vniversity | capitation | grant |
| Unrestricted | Total Funds | Total Funds |
|---|---|---|
| Funds | 2023 | 2022 |
| f. | ||
| 167,000 | 167,000 | 147000 |
| Unrestricted | Total Funds | Total Punds | ||
|---|---|---|---|---|
| Funds | Year ended | 2022 | ||
| 2023 | ||||
| Charity trading income | ||||
| Merchandise | sales | 13,375 | 13,375 | 11,365 |
| Charity trading expenses | ||||
| Cast ol'sales | 5,032 | 5,032 | 4,033 | |
| Net income | from trading activities | 8,343 | 8,343 | 7,332 |
| 4 | Investrncnt income |
Unrestricted | Total Funds | Total Funds |
|---|---|---|---|---|
| Funds | 2023 | 2022 | ||
| Bank interest received | 4,103 | 4,103 | 148 | |
| Rental Income | 5,125 | 5,125 | 4oo | |
| 9,228 | 9,228 | 548 |
| Unrestricted | Total Funds | Total Funds | ||
|---|---|---|---|---|
| Funds | 2023 | 2022 | ||
| g | 8 | |||
| income from charitable | activities | |||
| Social Activities | 14,982 | 14,982 | 19,598 | |
| Clubs tb societies | 21,634 | 21,634 | 30,287 | |
| NUS Card | 63 | 63 | 194 | |
| 36,679 | 36 679 | 30,079 |
| tlnrcstrictcd | Total | 1 nntls | Totul ponds | |||
|---|---|---|---|---|---|---|
| I'amis | 2023 | 2022 | ||||
| 8 | ||||||
| Inecrnc nntl cxpcmliturc | from grant income | |||||
| Furlough | grant | |||||
| Wages and salarics | ||||||
| Poundntion | fund grunt | 5,000 | ||||
| Clubs and | Society travel | expenditure | (5,000) |
| Unrestricted | Total li'unde | Total Funds | |
|---|---|---|---|
| Funds | 2023 | 2022 | |
| f | f | f | |
| Social Activities | 7,831 | 7,831 | 12,750 |
| Clubs &societies | 27,809 | 27,809 | 32,702 |
| NUS Card &BVCS | 4,263 | 4,263 | 3,275 |
| Wages and salanes | 143699 | 143699 | 13tt169 |
| Unrestricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|
| Funds | 2023 | 2022 | |||
| Independent | Examiner's | fee | 3,850 | 3,850 | 3,850 |
| Bank charges | 443 | 443 | 441 | ||
| StaffTrainiug | 2,503 | 2,503 | 866 | ||
| Gothing costs | 326 | 326 | 68 | ||
| Travelling | 508 | 508 | 197 | ||
| Insurance | 3,238 | 3438 | 2,897 | ||
| Licenses | 396 | 396 | 300 | ||
| SUDevelopment | 4,854 | 4,854 | 5,822 | ||
| Premises expenses | 15,371 | 15,371 | 1,031 | ||
| Office expenses | 125 | 125 | 225 | ||
| Sundry expeuses | 610 | 610 | 995 | ||
| Advertising | IJ323 | 1,623 | 1,529 | ||
| Legal and professional | fees | 830 | 830 | 350 | |
| Depreciation | 1,743 | 1,743 | 1,756 | ||
| 36,420 | 36,420 | 20,327 |
| Income from | |||||||
|---|---|---|---|---|---|---|---|
| Itaislng funds |
ehnritnblc activities |
Support | Total | ||||
| COStS | |||||||
| Direct costs | |||||||
| Fundraising | costs | 5,032 | 39,903 | 45,260 | |||
| Employment | costs | 143,699 | 143,699 | ||||
| Independent | examiner's | fee | 3,850 | 3,850 | |||
| Bank charges | |||||||
| 5,032 | 183,602 | 4,293 | 193,252 | ||||
| Supporteosts | |||||||
| Staff training | 2,503 | 2,503 | |||||
| Clothing costs | 326 | 326 | |||||
| Travelling | 508 | 508 | |||||
| Insurance | 3,238 | 3,238 | |||||
| LICI.IISCS | 396 | 396 | |||||
| SLI Dcvclopmcnt. | 4,854 | 4,854 | |||||
| Pl'cnllscs expenses | 15,371 | 15,371 | |||||
| Ofilcc cxpcnscs | 125 | 125 | |||||
| Sundry expenses | 610 | 610 | |||||
| Advertising | 1,623 | 1,623 | |||||
| Legal und professional | fees | 830 | 830 | ||||
| Depreciation | offixtures | and fittings | |||||
| Depreciation | ofotrice equipmcnt | 1,743 | 1,743 | ||||
| 5,032 | 183602 | 36420 | 225 054 |
| 2023f | 2022 0 |
||||
|---|---|---|---|---|---|
| Depreciation | of | owned | assets | 1,756 | 1,756 |
| (Proftt)/Loss | on | disposal | (14) |
| 2023 | 2022 | |||
|---|---|---|---|---|
| No. | No. | |||
| Administrative | 6 | 4 | ||
| SU President | 1 | 1 | ||
| SUVice president |
| The ag | groga | te payroll costs ofthese persons wer | e as follows: | |
|---|---|---|---|---|
| 2023 | 2022 | |||
| Wages | and | salaries | 143,699 | 130,809 |
| JI'iXturca, | JI'iXturca, | JI'iXturca, | ||||||
|---|---|---|---|---|---|---|---|---|
| fittings | nnd | |||||||
| cqulpmcut | ||||||||
| f. | ||||||||
| Cost | ||||||||
| As ot I August 2022 | 83,750 | |||||||
| Additions | ||||||||
| As at 31July 2023 | ||||||||
| Depreciation | ||||||||
| As nt I August 2022 | 77,670 | |||||||
| Charge for the year | I | 737 | ||||||
| As at 31 July 2023 | 79427 | |||||||
| Nct baok value | ||||||||
| As at 31 July 2023 | ||||||||
| As ot 31 July 2022 | 6,080 | |||||||
| Debtors | ||||||||
| 2023 | 2022 | |||||||
| Trad~ debtors | 2,873 | |||||||
| Other debtors | 275 | |||||||
| 3 429 | 275 | |||||||
| Creditors: Amounts | fulling | duo within | onc year | |||||
| 2023 | 2021, | |||||||
| f | ||||||||
| Trade creditors | 18,140 | 1,266 | ||||||
| Accruals and deferred | income | 3,398 | 3,000 | |||||
| Other creditors | I 329 | 2 | 3 9 | |||||
| 22,858 | 6,585 |
| At 1August | Incoming | Resources | At 31July | ||||
|---|---|---|---|---|---|---|---|
| 2022 | resources | expended | ' | 2023 | |||
| General Funds | ~4 | ~22 | 2 | ~222024 | ~02 | ||
| Unrestricted | income fund |
| 19 | Net assets | by fund | Unrestricted | Total FBunds | Total Funds | |
|---|---|---|---|---|---|---|
| Funds | 2023 | 2022 | ||||
| Tangible assets | 4,323 | 4,323 | 6,080 | |||
| Current assets Creditonn Amounts |
fatling due within one year | 126,742 ~22,8585 |
126,742 ~22.8525 |
107,484 ~58 585 |
||
| Net assets | 108,207 | 108,207 | 106,979 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| income fund | income fund | |||
| 2023 | 2022 | |||
| Incoming resources |
||||
| Incoming resources trom generated | funds | |||
| Trading activities | 13,375 | 11,365 | ||
| Investment income Incoming resources from charitable |
activities | 9,228 ~203.6 |
548 197079 |
|
| Total incoming resources |
226,282 | 208,992 | ||
| Resources expended | ||||
| Costs ofgenerating funds |
||||
| Raising funds | 5,032 | 4,033 | ||
| Charitable activities |
183,602 | 179,536 | ||
| Governance casts |
36420 | 20327 | ||
| Total resources expcndcd |
221034 | 203 l96 | ||
| Nct movements in funds |
1,228 | 5,096 | ||
| Reconc0Tiation offunds | ||||
| Total funds brought forward | 106979 | 101003 | ||
| Total funds carried forward |