Regist•rnd Charity Number. 1161218
Company Number: 09349804
UnIv•rsItt￿ and Colleges Infornwtlon Systems Assoelation
Consolldated Accounts
for the year ended
31 Decefflber 2021
Wenn Townsend
*A52puf3E'
Chartered Accountants
A11
#58
cl￿PANIEs H¢￿sE

Universities and Colleges Infomiation System$ Assoclation
Association inforniation
Chalr:
Adtban Ellison
Treasurer:
Dean Phlh"p5
Vi¢• Chalr:
Paul Hamass
S•cr•tary:
Paul Buuer
CEO:
Registered Charity Number.
1161218
R•glst8red Office:
30 St Giles
O￿¢xd
OX1 3LE
Auditor:
Wenn Townserk1
Chartgrgd Aw)untsnts
Buslnoss Address:
Lumen House
Library Avenue
Harwell Oxford
Did¢ot
Oxon
OX11 OSG
Bankers:
Bardays Bank plc

Universitles and colleg￿ Information Systems Association
Cont•nts
Page
Trustees. Annual ReKK)rt
Auditors Report
Slalement of FinancAal Activrties
Bala¥￿ Sheet
10
Slalemenl of Cash
11
Notes to the Financial Statements
12-22

Unlvgrslues and Colleges Infonnation Systems Association
Tru$lee$' Annual Report
for the financial year ended on 31 D•c•mb•r 2021
Introductlon
This document 1$ th8 annud report of the tntstees of the Universitiès Colleges Infomation Systems
Association, olhemse known as UCISA. The Twstees for 2021 were elected at the Annual General Meeting
according to the procedures laid out ¥) Ihe Artides of Asscoatson. The 2021 knnual General Meeting took
place virtually on Thutsday 10th June via MirX¢￿oft Teams.
Trustees
Thg followirKJ trustees were elected at the 2021 knnual General Meeting:
Mr Adrian Ellison. Chair.
hAr Paul Hamess. Deputy Chai
Ms Emma Woodcock. Ekcted Trustee
r James Smith. Elected Trustee
'Denotes that the office holdef was akeady a truslee having been elected at a previous AGM
' Denotes Ihal the person ele¢te¢J was already a CO￿pted trustee
The followir4J remained as trustees. Iheir term of offKe not having expired:
Mr Dean Phillips. Treasurer.
Mr Paul Butler. Secretary.
Ms Sarah Cockerill. Elected Trustee
Thg followirg were CO&OPted as trustaes on 10June 2021..
Mr Oarren Tysoe
Mr Vipin ￿awhat
Mr Mathew Fkjwer
Mr Gareth Mcmeese
Ouring the Financial Year. Ms. Clare Priesty resigned as a Trustee as she ceased employment with a
member institutKJn. Mr Arthur Clune also Stepped down as a trustee al the 2021 AGM. The Trustees would
I￿(e lo record their thanks to both for ¢heir ￿ntrIbution to UCISA.
Mr Drew Cook stepped down as Chairrnan and Trustee at the 2021 AGM. his temi of office having expl￿d.
The Trustees would like to record th￿r thanks to him nobro in partI￿lar his skill in stsering UCISA through a
challenging period of sustained and 5ubstanbal ¢han9e.
Structurn. governan¢¢ ond manag¢m•nt
UCISA is a membership organisation which exists to promote arKI advance education for the public b8nefft in
information syslems and digital technologies and kn"r use in education and research. primarily in UK
universili¢s and colleges. UCISA is a Registered Charity (Charity number 11612181 and a company limited by
guarantee (Company number 093498041 hawng previously operated a5 a Charitable Trust (Charity number
2777471- The Charitsble Trust became domiant in December 2015 having transferred rts assets and liabiltties
to the new Charity and Company. i.e. the cjjrrent UCISA also refeThed to as CCLG (Charitable Company
Limitèd by Guarantee). Finally, the Charitable Trust was dissolved in Juty 2017. UCISA operatgs under the
temis laid out in the Artides of Assoaation which are available trom the Companies House website
Ihttps'.Ilbets.companieshouse.gov.uklcompany1093498041rili￿h1StOry).
UCISA has four categories of mernbership:
Full membets - universities. coleges and other educational institutrjns".
Affiliate member5
any ￿ganisa￿.0￿ that is a separate le9al entity {w part of one) lo its host
institution. other educational, rK)t for profft c*ganiSat￿$.
Corporate member5- cJJmmeru* organi%atK)ns:
Individual members - available to those who havè worked in th6 sector and who wish to retsin a
connection with UCISA and its membership and is at the sole discretion of the Board of Trustees.
Sndividual membership is not available lo employees of organisations that might othe￿ise be UCISA
Corp<*ate members.

Univ•rsilies and Colleges lnfor1r￿tIoTr Systsms As$o¢iation.
Trustees. Annual Report {continued)
for th• financial year end8d on 31 Decemb•r 2021
Structure. govem•n¢e and management {¢ontinued)
Under the temis of the Artides of Associalion of Ihe CCLG. each Full member inslrtution is entilled to a single
vole at General Meetings. Affiliate. Corporate and Individual members may attend and speak at General
Meetings but shall not have the right lo vote. Trustees are elected at the Annual General Meeting of the
Association.. under the temis of the Artth ofAssouation.
UCISA is comprised of two enlrties. a Charilable Company Limited by Guarantee. UCISA. and its wholly
owned trading sub*"diary. UCISA Services Limited. UCISA was granted eharitable ststus on 9 April 2016.
Since 2018 governance is carried ¢yJt by the UCISA Board of Trustees. vthich has responsibility for strate9i¢
development. and corporate and finanrial cwnpliance. arKI the Leadership Council which is the focal point for
membership engagement and management of the delivery of Te50urces and publI￿tK)n5.
The Articles stale (section 5.61 that no person shall be a trustee for more than eKJht e4JnsecutNe years, except
in exceptional circumstances where such extension is authorised by a majority of 7str￿ of Members attending
and enlilled to vole al an AGM. This allows the Association to plan succession for the officer positions,
atthough Ihe Articles allow for any representative of a full member instilution to stand for a posit¢on of office al
an Annual General Meeting.
The Asso¢iaty)n is ¢(￿mitted to offering training to its trustees. AJI Trustees receive a copy ol The Essential
Trnsteo and commil to readiro it Several trustees have attended the ￿al every tiustee should know course
and one Trustee has prev¢cMJsty cornpleted the Institute of Directors diploma. All trustees have undertaken
Health and Safety Training as part a review of all Heamh and Safety Poh'cies conducted this financial year.
Further training lor all tnjstees wiu take place after the 2022 AGM.
UCISA'S work is largely carried out by ¥dunteeTS from the unNerSit￿S and colleges sector. This Work is
supported by the UCISA Office team.
Object•ve$ and activities for the public benefft
The objective of UCISA is to prOr￿lte and advance education for the public benefit in infomiation systems and
digitsl technologies arKI their use in education and research, wimarity in Unrted Kirodom universities and
colleges.
The UCISA five- year Str8tegic Plan 2018-2022. set to re$r￿1 to feedbad¢ receivad following a fomial
survey of membership to assess UCISA'S value lo its membwship. fests on four key ￿lIar$..
To be the expert vtyce n the use of di(Jitsl techncAogies in educalw
To grow membership 8nd engagement
To offer lurther membership benefrts
To optimise the organisakn.on lo supwt effective $trate9y delivery
These 8ims have been fulfilled in the ac¢ounling period as folk)ws'.
Delivery of a comprehensive programme of 72 on-line conferences. webinars. peer-to peer continuing
professional development sesS￿n$. aTrJ rourKI table events tovering a broad range of top￿ to address
strategic challenges facing the education sector. Al events reflect our aim lo Connect our members,
Share best praclKe and Transform our communities of practice. enabling efficiencies and effèctiveness
for the greater good of the sector.
Creation of a bank of webinar iecordings to alkyAT members to access deve1oprr￿rt training at a tirne and
pace to suit their indivKlual circumslances.
Representstion wtyk Supplie￿ to the Sector. indudirKJ the forrnation of 7wtrking parties 8nd
representative groups to facilitste and further Ihis work.
Supporting SFecial Interest Groups {SIGs)and Communrties of Practts to reflect Ihe breadth of activity
and specialisms within IT in HE and FE. During the finarKial year a r￿W Security SIG wa5 formed to
promote and facilitate best Pract￿ al a time of increased cyber threat and new Cops were formed to
support out User Experignce IVX) ￿mUnIty and Ihxe interested in impthenting the Business
To¢hnolo9y Slandard.

Univ•rsitits and Colleges Inforniation Systems Asr*ociation
Trnstees. Annual Report {continuedl
for the financial y•ar •nd•d on 31 D•c•fflb•r 2021
Obje¢tiv•$ and a¢tivitio$ for the publi¢ b•n•fft {¢ontlny¢dl
Thought leadership activtty through Directors. Cul briefings. Sludy Tours. CIO paneb and the instigation
of open members. meetings to discuss key ujrrent issues arising.
Horizon ￿nnIng by identifying and stimulaling debote on emerging UK and Global trends.
The provision of TocAkits. Guides. Templates and Resources for members to build understanding and
diive efficiencies.
Conducting a regular pr0grarr￿ne ol surveys. alkwin9 our members to benchmark Ihemsetves against
their peers and against national trends aTrJ facilitating ad hoc survey actwity to meet membership needs
idenlrfied in year.
Facilitatirvj peer to peer and institutKJn to institution cdlaboration for our rrembers.
Maintsining strong relationships and collaborations with equivalent overseas organisations. In the financial
year Memoran¢Ja of Untlerslandin9 were sr9ned with Our Counterpart organisations in Australia an& New
Zealand (CAUDITI and Europe {EUNIS)
Maintaining strong relationships and collatK)ral1o￿ ¥￿th equivalent UK ¢xganisatic￿s representing
Libraries, Estates. Finance. HR. Learning and Teaching. functions in HE 8fMI FE.
Collaborating with and supporting the work of sector bodies and agenaes suth 8$ Jisc, HESA. UUK,
UCAS. Advance HE.. contributirvj lo Programme Boards. Advisory Board5, syorking parties. responses lo
govemmenl and consultations.
ProvKling survey data and sector infomiatK)n to infonn aThl support policy making.
Drafbng responses lo govemmenl papers and ¢(￿sU￿10n$ ¢)n behalf of the IT ¢oNwmunity in our sedor
Commenting on Legislative change {bolh contemplated and implemenledl and ed￿ating members to
ensure understsnding arKI promote & support compliance.
The trustees have CoM￿led wth their duty lo have due regard to the guidan￿ on publi¢ bènefit published by
thè Charity CoMmiss￿n in exercisiw their powers or duties.
Achievements and perfomi•n¢e
UCISA continues lo be a thriving organisation arwj has delivered the Changes an¢J am￿tiOnS set out in its five-
ygar Strategi¢ plan 2018-2022.
The status of a Charilable Company Limited by Guarantee has grven UCISA th8 ability to idenlfy and
purchase resourcas on behalf of its membership. As ouuined above. the tnJst88s have sought to invest in
wojects to d8liver quality collatefal to its membership aTrJ activities that meet ￿￿rnbe[s needs in a challenging
and ever<han9ing sector environment.
The Trustees continue to invest in proiects and resources lo ensure that the organisats.on is fft for purpose, Is
able to continue to achieve its charitable objectNes and to provide value to members.
Our decision to move fulty or￿Tne until Marth 2022 was a catslyst for our ambibous prwamme of events,
which saw us deliver 72 events in the financial year reaching over 7.500 Teg15tered delegates, showcasing
Inspirational thinking. best practice and championirwJ new ways to deliver in an everchanging landscape.
Our representation work increased exFonentialty as the year progressed as UCISA continued to support
ir15titutional mernber5 in facing the many and varied challenges that emerged. Our w(Kk wth suppliers this
year focus5ed on ensuring service levels remained fit for pU￿se and delwered value for money. challenged
pradices that 8dver5ety impacted our sector at a time of huge financial P￿SSure and ensured that
appropriate starKlards of seujrity were beirg met and maintsined.
Our special Interest groups . Mvrking pwties and collabcfations with sector partners enabled our members to
continue to netsvork despite Iperiods of Ic**down and mandatory working form home. ensuring we conlinued
lo achteve our misson to connect digital tKofessw)nals. enable them to share t*st practice and so transfonn .
Tha Trustees would like to recoid their thanks to all of our Sp8ckal Interest Groups. their Chairs and
cornmitteas and to th8 chairs and members of our various working parties and representation groups for their
dedication and commitment throughout 2020 and 2021. navigating a difficult pandemic period with creativity,
agility and dedication and ensuring that we cx%)linued to offer our full range of annual conferen￿, events and
representative activity wholly on-line.

Unlverslues and Colleg¢$ Infomwtl¢)n Systsm$ A$S￿latIon
Trnstees. Annual Report l¢ontinued)
for the financial year ended on 31 De¢embew 2021
Achievements and p•rformanc• {continu•d)
The Trustees are ￿e3$ed to report that UCISA maintained full business and servu continuity during this
period of significant thange and woukl like to re¢￿d thew that*s lo the UCISA slaff team for their hard work
and dedication in bringing this about.
Financial perforniance
The free reserves available to UCISA are £1.900.624 as at 31 December 2021.
The Reserves Pokcy is stated at the Annual General Meeting (AGMI as pwt of the discuss*)n of the annual
accounts and we continue to maintain sUff￿ent reserves to meet UCISA'S strategic ambitions and liabilities.
This year has segn development and KnF4gmentation of our strategi¢ plan for 2022 to 2027 building on the
transformation activity alreaty achieved. The Board is committed to underpinning the strategic plan by
investing significant reserves over the next 5 years. The investments will indude infrastrudure, personnel and
services that ensure we are able to maximise membership value and continue to deliver a rich porttolio of
high4Juality events. Financial reporting has again been further enhan¢ed to ensure the Board is able to make
informed decisions and react to any changing enwronmental factors.
The membership renewal process has been further refned for 2022. delNering synrfunt cash reserves al
year end because of early payments into the year. Debtors also higher at year end as the deadline for
subs¢ripb"on renewals was sel fimty as January 14th 2021. with invoirEs being raised eadier as a result.
At the AGM the Board presented a balaneed budget for 2021 that was approved. We continued lo be agile In
¢JJr delivery of events due lo Covid-19 and secured increased sponsorship income to take account of
dgliverfng onty virtLJal events. All Contrac￿•1 obligakn.ons for planned in person events continued to be
negotiated lo zewo Cost. Balanced budgets proposed fty 2022 and 2023 ts)ntirrtJe lo ensure that the Core
operating costs a￿ covered by membership and event income. whilst maintaining suffi¢ienl reseNes lo invest
in our strategic ambitions and mrtigate knovm risks. In 2022 we will fvlty rrK)ve to a 'hybrid' mlxlel of events
that will test fully our financial projecti￿$.
The Trustees have assessed the risks and current lia￿lItIeS and regard it as prudent to have hehj a sum in
reserves against the cost of operating the associalion for a period ol approximately 12 months without income
and lo be able io Wthstand uninsured or uninsurable financAal losses assouated with the failure of a major
conference event. The Trustees continue to review the ￿ve1 of reserves, the period of trading that is
appropriate lo ensure il is wopNtionate to the risks and stralegic investments required.
Fundral$Sng
UCISA'S funds a￿ 9enerate<l fr¢yn Membe￿h￿p income and surpluses from charitable aclivities. The Charity
does not raise fvnds from the public.
Future plans
The objective of UCISA remains: to promote and advance edu¢alion for public bef￿1 in information systems
and ¢Jigilal technologies and their use in educats.on and research and no other purposes.
UCISA was proud to launch 8uilding on Success- Strategic Plan 2022 to 2027 at the beginnwu of 2022
seltin9 out wr clear ambition for the next fve year5. building on the 501id foundations laid through delivery of
the prevw strategy.

un1vors1￿$ and Colleges Inforn)alion Systems Assoclatlon
Trustees, Annual Report (continued)
for th• financial year ended on 31 Dec¢M￿r 2021
Future plans (continued)
UCISA'S mission, to Connect. Share and Transfomi remains u￿hanged. Wo havg h¢)wgver set three new
goals for the next five years..
To repr•s•nt Ihe dtgitsl communty in the Education Sector with authenticity and authority.
To hamess the power of our collective voice by expandirvj Ihe breadth and depth of erKJagement with
UCISA
To enable the professional d￿10￿￿11 of KKINiLluals and erthance the cdlective expertise of our
cormiunity.
Each of our speual interest groups have fornvard plans to SUPFrfXt delNery against these goals.
2022 heralds the introductton of our new events model. delivering the full programme of face40 face
nferences and events that our membets value. aloThJside a Nrybrant monthty online Fyogramme.
Our aim is always to deliver quality events. wlh impactful content and pwsue a pdicy of fSntling quallty
speakers. Our hybrid pwramme will be no drfferent in this regard.
Our full and vibrant programme of live COnferen￿S Nvill continue to be the backbone of our activities, playing a
fvndamentsl part in deltvery against our strategic ￿an= Connecting our memters through their shared
inleresl in the topics they cover and the ne￿orkIng opportunities they afford. Sharing best pra¢li¢e and
thought leadership lo provide the Inspirat￿ and instght needed to Transfonn our pWti￿.
Vve will host a Strategic Planning Day in July bringiThJ Trustees and members of Leadership Council together
to assess the progress made towards achiewng the goals of the strategic plan in the first six months, lo
ensure we have set the right prTrorities for ihe year and lo sel the p￿ritIeS for 2023. This annual evenl will
ensure that we monitor progress effectively throughout the lifespan of the slrategy. can remew and evaluate
priorities to adapt to any changing needs thal emerge. ensure strong alignment of activits.es and drive strong
and effective govemance.
Hamessing the colleclive strewth of our 1nembe￿ip voice. we wll Provide the IT and digital praditioners in
the UK Education sector with the tools to be kaders in d￿lts1 transfomiation antl IT developments.
In this way we bdieve that UCISA wil continue to meet ils charitable (ty'ecl to promote and advance
edu¢ation for the Wb1￿ benefit in information systems and digital technologies and their Ltse in education and
resear¢h.

Unlversltles and Colleges Inforn)a¢lon System$ Assoclatlon
Trustees. Annual Report {¢ontinued)
for the financial year ended on 31 De￿mber 2021
Trust••s' r•sponslbllitl•s stat•m•nt
The trustges (who are also direclors of the UnNerS￿"e$ an¢J Colleges Infom)ation Systems Association for the
purw)ses of Company lawl are ￿sponsible for preparirrfJ the Trustees. Annual Report and the financial
ststemenls in accordance wrth appl￿ble law and Unrted lQ"nothJm Accounting Stsndards (United lQngdom
Generally Accepted Aceounting Practice).
Company law requires the trustees to ￿pare financial ststements for each financial year. which give a true
and fair view of the state of affai￿ of the charitable company and of the incoming resources and application of
resources. including the income and expendrture, of the charitsble company for that period. In p￿parIng these
financial stalerr*nts. the truslees a￿ required to:
sde¢t surtable accounting polic￿S arKI then apply them consistenty..
observe the melhods and prinaples in the Charities SORP 2019 {FRS 102).
make judgements and estimates that are reasonable and prudent".
slate whether applicable UK Acu)unling Standards have been followed, subject lo any
material departures disdosed and expkAined in the financial statements..
prepare the financial 5talemen15 on Ihe going concem basi5 unless ￿ is inapprowiale to
presume that the thantable (y)nwany wll conts.nue in operat*)n.
The trustees afe ￿$￿K)nSible for keeping adequate accounts.ng records that disclose with reasonable accuracy
* any time the financial position of the charitsble company and enable them to ensure that the financial
statemenis comply with the Companies A¢t 2006. They are also responsibltr for safeguarding Ihe assets of
the charitsble wnpany and hence ftv tskwvj reasonable steps fty the pre¥entK)n arKI delectKJn of fraud and
¢)ther irregularilw.
In so far as the trustees are awa￿.
there is no relevant audrl infom)ation of which the charitsble compan￿$ auditor is unaware." and
the trustees have taken all steps that they ¢JJght lo have tsken to make themselves aware of any
relevant audit infom7atb)n and to &stsbli$h that the auditrx is aware of thal infomiation.
The trustees are responsibl8 for Ihe mainlenance and integrity of the cwrate and financial information
included on tho ¢haritsble company's website. Legislation in the Untled Kingdom governing tho preparation
and disseminal*)n of financial statements may differ from legislation in othgr jurisdlctions.
This report has been prepared having taken advantage of Ihe small companies. exempth?n in the Companies
Act 2006.
Signature and declaratlon
I dedare. in my capaoty of charity Irustee. thaL
the trustees have approved Ihe above repryt: and
have authorised me to sign it ¢)n their behalf.
. Dean Phillips- Treasur
Signed on behaw of the trustees on 21st April 2022

UnSvwsltS9$ and Collegos Informatlon System$ Assoclatlon
Independent Auditorfs Report to the Members of
Universlties and Colleges Infonnation Systems Association
OpSnlon
We hav? audited the ffinarKial ststements of Vniversties and Col*es Information Systems A5souatth (the 'parent
charitable ¢ompany'l and its svbsKliaries (the 'group'l lor the year ended 31 December 2021 which comprise Ihe gr￿P
slalement of financwl acbvits"es. the group and parent charity balance sheets. Ihe group cash fi(w Statement and Ihg
lated notes. in¢ludiThJ a summary of sKJnificant a¢¢tyJnting pOl￿e$. The finaneial repoiting framework that has been
applied in their p￿paration is applitaue law United Kingthn Acc(yJnting Standards. induding Finanual Reporting
Standard 102 The Financial Reporting StaTh*anl applicaL¥8 in Ihe UK and Republic of Ir8land Iuniled lQffjdom Genernlly
Accepled Aco)unb"ng Practice).
In ouropinv)n ihe finanaal statements..
gwe a Iwe and fair wew ol the stste ol Ihe grwp's and pwent chJil2Lle corn￿￿5 affairs as * 31 D8cernber 2021.
and of the growJ'$ irKomiry r¢sOW￿ and aFf4ication of re9)w￿. inthdry its income and 8XF￿￿rtUre. for th8 year
then ended.,
have been property wpared in aCt0rdan￿ wAth Uniied IthWm Gerwafy Acwjted Actryjnbng Practice.. and
havo been prepared in accordance with the tequirements of the C￿panIeS Ac¢ 2006 and the Charibes Act 2011.
8a$ls for oplnlon
We conducted our audii n accordance with Intemath?nal Standard5 on Au￿￿'ng IUKI IISAS IUKII and aP￿icable law. ￿r
responsibilitie5 under Ihose standards are further descnljed in the Auditorfs respOnsh￿l11b'eS for the audit of Ihe ffinancial
ststements se¢bon of our repc*L We a￿ independent of the group a￿1 pa￿rtt chantsble company in ￿￿rd8Th￿ wlh Ihe
ethi￿1 requirements that a￿ relevant to cKJr audil of the financd stalements in the UK. inc4uding the FRC'S Ethiul
Stsndard, and we have fulfilled our other elhical tesrx)nsily"lths in acCrydar￿ with these requ1￿rnents. We believ¢ that
the a￿lit we have otrAain&J is suffiu.ent and appr(¢Thte to wovth a basis our opir•on.
Con¢lusi¢ns relatirt9 to going ¢onum
In auditing the financial slatements. we have conduded tr￿t the trustees. use of Ihe gc¥ng corttm basis of a¢xounting in
the p￿parat￿M of Ihe fina￿1￿ statel￿ts is appopriate.
Based on the work we have perf￿￿*￿, we have identified any materid uncerlaIn￿e5 relating to evenis or condition5
that, individualty or tt41ects'vety. rnay cast slgnrf￿ant d￿bt on the grryjp aTrJ parent chantat4e Compan￿$ ablity 10 ecrfltinue
as a going eoncem for a peric*J of at least from when Ihe fina￿al statements are aLthorised for issue.
Our r8sponsit4'1iti8s and fesponsbi fities of Ihe trustees *ilh respe¢t k) ￿mig in Ihg rdgvanl
seet*Jns of this report.
Other information
The other infornal*)n ccynwises the infrmation induded in the Irustees annual rekX)rl. other than the financial statements
and our aLxlitorfs report thewn. The Irustees a￿ reSpo￿lI)le lor Ihe dher inf0M￿ts.0n wttsined within the annual report.
r opinion ￿ Ihe financial stsiemenls ¢(es r￿t ¢over Ihe other infomiabon and. except to the extent otherwise expliritiy
$ta18d in our repJrL we (lo not express any form of assurarKe ¢￿dUS1￿ Ihereon. Our responsibilty is to road th¢ olher
infonnation and. sn doiry so. (x)nsthr whether Ihe other inf%ymaliM is materialty inCTr)￿StenI ￿th the finanaal statements
our knowledge obtaineil in the o)urse of audit or (*herwise appears to be mateftany misslated. If we identify su¢h
material in¢on$i$ten¢ie$ or awarenl materiJ misststements. we are required to tletemiine whether this 9Ne$ rise to
material rnisslaternen¢ in the finarKial statements the￿efves. If. based on Ihe we have perknned, l￿d￿de thal
there 1$ a material misstatement of this other inlom)atw)n. we are required to rewt that fact.
We have nothing to re￿1 in thi5 T8gard.
Oplnlvns on olher matters prescrlbed by the Companles Act 2006
In our tspinion, based on the work Lmdertak8n in course ofthe audl.
the information given in the trustees. rerAIrt lincgjrrmkng the direcfors. rep￿) ft¢ Ihe fi￿1#1 year forvthkh thè
fina￿81 ststernenls ar¢ prepared is ￿rts￿lent wlh the finanrial statgrrwls,. and
the threctors, report has bw prepared in acc￿￿￿Ce *ith appwe legJ requiremwts.
Matters on whl¢h w* ar* r*quir*d to r•port by *X￿ptiOn
In the light ol our knowledge and undwstanding of group and parent chartable c4)mpany and ts environment obtained
in the ¢wrse of the auill we have N)t bjenimea rnatefl* MI551a￿vIl￿ iti rJiiwA(ws' repo
We have nothing to wort in ￿SpeCt of the mattets in rdabon to the Companies Aet 2006 and the
Charititrs Act 2011 requires us to reF4Jrt to rf. in our ownwx..
atlequate and suffiaent 3ccounbft9 reco￿5 have not been ketrt by the pawt thaiitable company, or retums
at1equate lor tyJr aLvJit have been re¢eNed freffj brand)es not ￿￿ted by us..
Ihe parent charitthe wmpanls finalKI￿ statem8nts are Thjt in agreernent *ith th8 acDJuntiThJ record5 r8tums.' or
Certain disdosure5 oldireciors. remun8rath￿ SFegffied by arg not made; or
have ￿ rvbved all Ihe and ex¥lanalb)ns we forow audil., or

Universitles and Colleg•$ Infomiallon Sy$twn$ As$oclaUon
Independent Auditorfs Report to the Membews of
Unlversltles and College$ Inf¢)rnwtion Systems Assoclation (continued)
the lrnstee$ We￿ not entided to wepare Ihe fina[￿181 statements in xcordance Ihe small companies. regirne and
take advantage of Ihe small cixmpantes. exempb.ons in preparirfj the (lirerAor5' report and from ihe r8quir8m8nt to
prepare a 5trdtegK reForL
R•5pons4bilities of trustees
As 8xplained more fvlly in th? tnffjt¢es' re$Wns￿litIes slatemenl sgt pag8 7, the Intsl8e5 are also t
direclofs of the th8ritable compary for the wrposes of company are ￿pOn￿ble f¢y the preparation of the finaneial
ststernents and lor being saiisf*d Ihat they gr¥e a true and laii wiew. and fof such intemal contrd as the twstees
detemine is necessary to enab￿ Ihe preparation of finarKial 5taiements Ihat are free from rnat8rial misstatement. whether
due to fraud ￿ error.
In preparing the ￿na￿lI ststements. tre tntstees a￿ reswmsknle for assessing the group's and parent tharitable
ccffipany's abllity to ￿n￿"nue as a goirYJ corKem. disdoswwJ. as applicaue. matters reLated to gotng o)rr*rTh and using th
going contem basis of acC¢yJn￿'n9 ￿lesS the Irusiees tilher uitend to Ihwidate the or the pa￿Tht charitstjle company
or lo cease operations, orhave no realistic allemaiwe L¥Jl lo do so.
Auditorf$ responsibilities forlhe ¥udi¢ of the fiTran¢io1 $tateme
Wg have t)een appointed audilor under the Compar&es Act Secti￿ 1S1 of Ihe Chwibe5 Act 2011 rep)rt in
accordan￿ wth Ihose Acts.
Our ¢)bjectives ar8 to obtain reasonat4e assurance abjut wh￿ther the financi￿ slatements as a a￿ free from
material misState￿￿nl. whelher due to Traud or eThDr. and to issue an auditorfs ￿port thai includes our opinion.
Reas¢)nable a5suraiKe 15 a huh lev81 of assurance, tyjt ￿ not a guarJntee thal aTL awjil condL￿ted in acix)rdan¢e bwlh
ISAS IUKI will ahlays deteet a material rni551aterneni when it exists. Mis5tstements can artse ITOM fraud or error and are
¢￿SIdered rnaterial if. individu31ty or in lh8 aggregale. Ihey coukj ￿asOn*￿Y b8 expected to inllugrKe the ocwJnc¥))ic
e￿510n5 of users taken on the bas5 ofthese fina￿al ststements.
Irregularities, inthdirwj fraud, are inslar￿5 of ncrtrcrffiF4k￿￿e ￿ law5 a￿1 regLlal*Jns. We ￿￿9￿ procedures in line
with our responsibilities. oulined atK)ve. to detect material misslatements in respect of irregulaiiti85. induding Iraud. The
spe¢ifi¢ w0¢edu￿$ for thi$ er¥Ja9￿efil aThJ the extent to thh Ihese a￿ ￿pa￿e ol detecting irregulaiities, induding
fraud is detailed below..
Enquiry of management and those charged with gMmaTKe arrAmd &lual and potenlial li￿￿.¢￿ and ckims:
Reviewro minules of rneebngs Of1￿)se tharged with g0veMan￿.,
RevIe￿n9 financial stalemenl di$dosu￿ and teslry to suprpxbrs dctumenlaticffi to assess compk'ance
aPp&￿Ie laws and wulati￿5..
Perforrning audit work over Ihe risk of management override of controls, I[￿Uding lestiry of joumal entries aTh
other adjustrnents for apwcgriateness, evaluating the bU￿nesS rationale ol svJnificanl transactson5 OUt5wJe th*
nonnal course of business aTrJ reviwng accountirg estimates for bbas.
Because of the inherent lirnitalions of an itwe is a r￿k that ￿ wdl not det8cI all irregularitie5. induding those
leadirvj to a material misslatement in the finw*l staieftEnts or nM-C￿npkn.ar￿e wth regulation. This risk increases Ihe
more that compliance wth a Iw•4 CK ￿9￿atr.0￿ ￿moVe{l Ihe events transaclions refiected ￿ th8 financial
ststernents. as we VAII be kss likefy lo become 8wawe of instanc*s of norrfomrAN8rtt. The risk 15 also grealer regardir*J
irwularities o¢rurring due to fraud ralher than erw, as fraud invc4ves intenti(￿1 concealrnent, forgery, collusion.
onNssion or misrep￿SentrtI(￿.
A furthtsr des¢riplth of our resp(￿sibl1rt￿s foi the audit of Ihe ffinanCI￿ stsitments is knrated on Ihe Financlal RepOr￿r
Couneil's website at.. *i￿.￿￿￿.Uk1a1¥jI1o￿8¥￿rthhlies. This de5UVtth foms part ofour audttorfs wort.
Use of our report
Thi5 report is rnade 5c4ety to the ch81ilab18 Cl￿.5 [r￿mberS. a5 a tojy. in xcordance wlith Chapter 3 of Part 16 ofthè
Compan￿$ Art 20￿ and to Ihe d￿rits￿e g)mpanrf$ trustees. as a l￿dy, in awydarrR wlh Part 4 of Ihe Charities
IAco)unts and ReFx)rtsl regula￿n$ 2008. (Xjr audit myk has been Undertak￿ so Ihat m¢ght state to the tharitable
company's members and tls Injslees those rna¢lers we are required lo state to them in an audiorfs ￿port and for ￿ ot￿r
purpose. To the fillest extent pemiitted bv law. we do rM)t ax¢pl or assume resp￿S￿"11ty to anyone other thAn Ihft
charitable company and the charita￿e canpanys tru5tee5 as a tojy. for our audii wuk, lor thi5 rem or for th8 0￿￿￿)n$
we have formed.
Anthony Hain•$ BS¢ FCA {S•nior Ststutory Auditor)
For and on behall tsf Wenn Townsend. Chartewod Accourtants. SLitsrtory Audiior
Oxlord
2151 April 2022

¢)Trso15dat¢d siatemer*tolFlnah¢¢èlAetivli•S
Iln¢ludkng In¢ow*artO expenditurt *¢eOunt)
lorthe yearended 31 Decernber 2Q21
Tolal
Funds
2020
Funds
Fuhd*
2021
Funth
2021
Funds
2020
Fund*
2Q2D
Oth•rtradkng a¢tMUe
Membership Sub5ryb￿¥
¢￿￿tabl0 acts￿1*￿￿
Events èxhibthons and
charitab￿fU￿drdf￿rrfj
717.162
717.162
8.744
678.744
219.ts)
219.830
248.679
248.6T9
349
712
349
712
6293
6.293
Total Income
938.OS3
933.716
933.716
Expenditure".
Ralslng funds
cost of raisiry
Chadiabl• 4etfvltlts
Events. exhitrxbon siK)Iscthy
Prqects aré surv
PublI￿ty and*ward*
charitab￿donatiOns
so4.￿5
564.845
498.833
154.084
21.671
154.(
21.871
13.680
21Z.925
20.352
8.666
212.925
20.352
23.086
13.680
14.4C•J
740.WY)
13.6UO
754.480
740.716
755.176
corpoMi¢￿TaX (du• 1th1dl*ry￿rnp*Y1
Tdtsi •xwndMuV•
740.th)
13.
7Y.480
740.776
14.4
755,176
Nel mowrneffl In funds
Rewn¢Sllall•n of lund•:
Totd fund¥ bfowMloThY8
15
197253
113.680}
183.573
192.940
114.4W}
178.540
1.766.357
666.311
2.432.
1.513.417
680.711
2.254.128
Tol¥1 fvnd%c¥rried forwar
1.W.610
652.631
2.616.241
1.766.357
6e6.311
2,432.688
All Incomeandexpendrtu￿ cknefrim cothiwg ￿lrI￿5.
The ￿nSCI1date4 Sta￿￿￿1 OfFinanc￿￿trI1lIeS irKbJdes ￿1 gai￿a￿ kn5ses rw•5ed*kntytheJ*w.

Unlverslll•s and Colleges Infommllon Sy$t¢ms A$S￿latIon
Con501idated Balan¢e Sheet
as at 31 December 2021
Group
2021
Charlty
2021
Group
2020
Charity
2020
Notes
Fixed Assets
Tangible Fixed A8sets
Intangible Fixed Assets .
3,254
3.254
36.000
2.584
54.000
2.584
54.000
10
39.254
39.254
56,584
56.584
Current Assets
Investments
Debtors
Cash al bank arKI in hand
11
12
2.062.090
289.261
1,481.093
2.062.190
636.057
641.419
2.061,845
380.401
895.462
2.061,945
537.537
365.423
Total Current Assets
3.832.444
3.339.666
3.337.708
2.964,905
Creditors- amounts falling
duo Within one year
13
(1,255,4S71
(825.6651
1641.2711 {604.626}
Net Current A$$ets
2.576,987
2,514,001
2.6%,437
2.360,279
Creditors: amounts falling due
after more than one year
13
1320,3531
Net a$$ets
2,616.241
2,553.255
2.432.668
2.416,863
Funds:
Unrestricted lunds
Restricted funds
Non<haritable trading funds
1.9)0.624
652.631
62.986
1.900,624
652.631
1.750.552
666.311
15.805
1.750.S52
666,311
Total funds
15
2,616.241
2.553.255
2.432.668
2.416.863
The financial Stslemenls have been prepared n a¢cordarKe Vllth thè provisions •p￿le5ble to comparoes
subje¢l lo the small C￿npan￿s. regime.
These accounts were approved and authorised by the Board on 21st April 2022
Dèan Phillips
Treasuror
The notes pages 12 to 22 forni an Inlegral part of th¢se Ilnan¢lal stat¢ments
10

Unlverslties and Colleg•s Infomiatlon Systems Association
Consolldated Staternent of Cash Fl¢>ws
for the year ended 31st Oecember 2021
Note
2021
2020
Net cash fl4>w from operating acti¥iti•s
17
587.694
769,189
Cash flow from Investing acllvltles
Purchase of tangible fixed assets
Interest received
{2,1671
349
(3.226)
6.293
Net cash flow from investing acllvltles
11.8181
3.067
Not In¢r•a$o In ¢a$h and cash equival•nts
585.876
772.256
Cash and ¢a$h •qulval•nts at 1st January
2.957.307
2.185,051
Cash and ¢ash •qulval•nts at 31st December
3,543.183
2.957,307
Cash and Cash •quivalents ¢onsl$l of:
Cash at bank and in hand
Short temi deposits
1.481.093
2,062.09)
895.462
2,061.84S
Cash and cash eqUlVa￿nts at 31st December
3.543.183
2,957.307
Th• notes on pages 12 to 22 fomi an Inlegr41 part of these financial statements.
11

Unlv¢rsltl•s and Colleges IDforniatlon Systems Assoclatlon
Notes to the Financial Stalements
for the year ended 31 December 2021
AccountlThg policl•s
Basis of preparation
The charity ￿n$￿tuteS a public benefit entity as defir*d by FRS 102. The finanaal slalements
have been prepared in accordance wtth:
Accounting and Reports'ng by Chantw: Stateffmt of Recommended Practice applicable to
ch8ribes p￿paring their a¢c(LJnts in accordance with the Finar(ial Reporting Standard
applicable in the UK and Republic of I￿raft￿ tssued in October 2019-,
The Financial Re￿tIng StarKlard applicable in the United Kingdom and Republic of Ireland
{FRS 1021-
The Charities Act2011:
The Companres Act 2006.. and
UK Generally A￿ePted AC￿ting Practice.
The financial slalements are prepared on a going concem basis under the historical cosl
convention, modified to include certain items at fair value. The financial statements are PrePa￿d in
steding which 15 the functional currency of the charity.
The signifKant accountirwJ ￿￿1CleS applied in Ihe preparatN)n of these financial slatemenls are set
out bdow. These policies have been con5i5tenty applied to all years wesenled unjess othe￿ise
ststed.
1.2 Ineomè
All income Is indutjed Mi the SOFA when the ¢harity is legally entilled to the irKome and the amount
can be measured ￿liablY and it 15 probable that the income wll be received.
Membership subscripb"orts, exduding VAT, are included in the SOFA in the year to which Ihey
relate.
In￿me from charges made for oryanising conferences, Semina￿ and workshops represents the
value of services provided dullng the year. exduding VAT.
Interest on funds hdd on deF*)Sit is induded vthen receivabte.
Exp•nditur•
AJI expetvjrture is accounted for on an accruals basis. aTrJ is alhxated to tharitable expenditure.
publicity expenses. awards. supwl costs and govemance costs as folk)ws".
Costs wholty incurred on activibes falling within each category are charged direcuy lo the
category.
Costs involwng mcfe Ihan one category are apportioned in accyjrdance wth reasonable
estimates.
Liabilities are rewnised as reswrces expended as soon as there is a legal or C￿nstructive
obligation committsng the Charity to the expenditure. which is quanbfiabl8.
Tanglbk •ss•ts
Tangible assets a￿ ststed at cost {or deeff*d costl loss ￿Mulated depreciation and
accumulated imp8im*nl losses. Cost includes costs dirKUy attit>utsble lo making the asset
capable of operating as intended.
Depreciation is provided on all tangible assets. at rates calculated to write off the cost, less
estimated residua value. of each asset on a systerna￿ basis over its expected useful life as
fdlows:
Computer Equiprrwl
Office Equipment
33.33% straight line
33.33% straight line
12

Unlversltles and CoNege$ InfornHtk)n Systems A$$o¢latlon
Notes to the Financial Ststements
foi the year ended 31 December 2021
..￿ntInued
A¢¢oun¢ing policies (continued)
Intangible assets
Intangible assets are amorbsed ￿ a stra￿3ht line basis over thetr useful lives. The useful lives of
intangible assets are a$ follows:
Intanglble type
Comput8r So￿re
U$Èfvl Ilfe
8 years
Reason
Assessry*nt of period of usg concludad
asset is usable Ihrc4Jgh to the end of 2023.
DÈbtors
Trade and olher debtors a￿ wognised at the seluement amctht due after any trade di$￿Unt
OfIe￿d.
Crèdltors
Creditofs are recognised where th8 charity has a present obligation resulting from a p8$1 ev8nt that
will probatAy resutt in the transfer of fvnds lo a third party a￿1 the amounl due to setue the
obligation can be measured or estimate{1 reliably. c￿￿1¢OrS 8r8 nomially recognised at their
setdement amount.
Investments
Investments are stated in Ihe balance sheet at fair value al the balance sheet date. The SOFA
includes the net gains aThl losses on revalUat￿n$ and disr*)sals throughoul the year.
Cash at bank and in hand
Cash at bank and in hand indudes cash and dep￿ts.
1.10
Fund accounting
General funds are unrestn.cted fiJnd5 which are aVaila￿e for use at the discretion of the Iruslee5 in
fvrtherance of the general objectNe5 of tre charity and which have not been designated for other
purposes.
1.11
Going ¢oncern
The financial stst&ments have been prepared on a going c¢)n¢em basis as the Twstees befieve that
no material uncertainties extst The Trustees have ¢￿S￿re￿ the level of'fvThts held and the
exFeCted level of incon* and exFenditure fcf 12 rTr)nts from authorising these ffinancial statements.
13

Vnlversltle$ and Colleges Informatlon Systems Association
Note$ to the Finan¢ial Ststements
for th• year •nded 31 0￿￿￿r 2021
..contlnL￿d
Income and expendlture resources from charitable a¢tivrties:
Events. exhibition and sponsorship
Surplusl
IDeficlt>
2021
Income Expendlture
2020
UCISA Annua Conferen
UCISA Annual conferen￿ rekKJrposed
Leadership Programmes
Publications
Supplier Day
Supplier Showcases
Corporate Infomation Systems (>rx
Digital Capabilities Group
Support SerV￿es Group
Managers. Forum
Infrastructure Group
DEG
Ne￿￿rk Group
Security Group
London GrouplLMN
Cultural Challenges Study Ttyjr
Women in Technology
HiJack Event Platforrn
Management Charge from UCISA
159.250
125.830
125.830
4,333
3,833
18.750
29.000
1.750
18,750
25,250
1,750
3.750
22.143
1.400
9801
12,2601
28.000
13,893)
7,650
30.5C(I
3,1)00
1,￿0
472
4,890
2,310
110,7991
128,4491
1133,5351 1162,9451
10.799
133.535
Net movement In funds
219.830
154.084
65,746
35.754
Total re$tri¢ted inwne and expenditure induded in the above is £nil12020.' £nil).
14

Univ•rsities and Coll•ges Inforniatlon Syst¢m$ A$S￿latIOn
Notes to the Flnancial Statements
for the y¢ar ended 31 December 2021
..conlinued
Costs of raislng voluntary Income
2021
2020
Administratifm
Bank charges
IT costs
Meeting expenses
Public liability insurance
Amortisalion and depreck8lic
Mentoring
Govemance costs {5ee note 6)
Salaries
Recruitment fees
Inlrastructure
Transition costs
Less recharged to event costs (USL)
42.441
3.315
107.067
17.563
3.936
19.496
50.977
6.057
85.845
4.550
3.317
18.642
39,296
440.366
$40
24.310
40.280
393,804
3,890
36.375
18,041
1162,9451
{133.53S)
564,845
498,833
Totsl restricled expenditure induded in the above is £nil12020.. £nill.
Proje¢ts and surveys
2021
2020
LEO info secuity trainir
Digiial skills survey
TEL survey
CISG Annual Survey
Survey So￿are
210
2.000
8.799
9,000
3,200
5,808
5.962
21.871
20,352
Total restricted expendilure included ￿ the above is (2020.. £nill.
Publlelty and awards
2021
2020
UCISA bursaries
LMN grants
Sponsofthp
13.680
14,400
8.666
13,680
23.066
Total restricted expenditure induded in the above is £13.680 (2020: £14.4001.
15

Universities and Colleges Infonnation Systems Associati¢
Notes to the Financ•al Statements
lor the year •nded 31 December 2021
..continued
Governance costs
2021
2020
Salary costs
Administration
Auditor fees.. Audit
Other work
Meeting expenses
Legal and professional fees
15.575
2.129
8.2SO
9.725
925
2.692
11.959
4,400
8.000
11.310
24
4.587
39.296
40.280
staff costs
2021
2020
Wages and salaries
Social security costs
Pensions
Redundancy
Temporary staff
Reallocated lo transitson costs
385.568
39.540
19,929
324,989
33.275
20.399
30,984
3.616
17.5001
10.904
455.941
405,763
During the year, there was an average of evJht12020: seven) persons employed by UCISA.
Ono person recwved total employee benefits {eXd￿Jlng employer pensicm c05ts1 belwèen
£120.001 and £130.CW in Ihe year {2020: one petson between £110,001 arml £120.0001.
The total 8mount of employee benefits receNed by key management pe￿Onnel is £152,084 {2020:
£143.393).
Trust••s' r•muneration and reimbursed expenses
No remuneration was pa•J to the Trustees during the peri￿￿ 12020.. £nill. Travelling expenses in
connection with conferences. workshops and administration arTr)unting to £107 12020.. £nil} wgro
relmbu￿ed lo certain committee members durirwj Ihe year.
16

Univ•rsilies and Coll¢g•s Inf0m￿lI9n Systsms A$s￿latIon
Notes to the Financial Statement$
for the year ended 31 December 2021
..continved
Tanglble fixed assets
Computer
equlpment
equipment
Total
Co$t as at 1 January 2021
Additrons
2.688
1.586
3,226
2,167
581
Cost at 31 Decerfthr 2021
1,119
4.274
5.393
Deprecration as at 1 January 2021
Charge for the year
45
292
597
1.205
642
1.497
Accumulated depreciation at 31 December 2021
337
1.802
2,139
N8t book value at 31 DeCem￿r 2021
782
2.472
3.254
Net book value at 31 December 2020
493
2.091
2.584
10.
Intangible fixed assets
Computer
soft¥Yar•
Cost as at 1 January 2021
360,000
Cost al 31 December 2021
360.000
Amortisation as at 1 January 2021
Charge for the year
306.000
18.000
Acwmulaled arrM)rtisation at 31 December 2021
324.000
Net book value at 31 December 2021
36,000
Net book value at 31 December 2020
54,000
11.
Investments
COIF
Deposlt
Fund
Valuation
Market value al 1 January 2021
Interest credited during perioKI
Transfers out
Transfers in
2.C61.845
245
Market value al 31 December 2021
2,062,090
Total- Group
2.062,090
Investment in subsidiary Comp￿..
UCISA Services Limited
100
Total- Charity
2.062.190
17

Unlvorslll¢$ and Colleg•s InfOrn￿tion Systems Associati¢)n
Notes to the Financial Statements
for the year ended 31 December 2021
.conlinued
12.
Debtor5
Group
2021
Charity
2021
Group
2020
Charity
2020
Due year.
Trade debtors
Prepayments
VAT
Inter-company balance
162,925
126,336
136.206
18,804
245,081
135.320
231.411
16.991
481,047
289.135
289.261
636.057
380.401
537.537
13.
Cr¢dltors: amounts falling due withln on¢ yoar
Charfty
2021
Group
2020
Charity
2020
2021
Trade creditors
Accruals
Deferred income
Other creditors
Soaal security and other taxes
VAT
40.469
51.346
1.032.802
907
15.605
114.328
40.469
47.321
619.99)
)7
15.605
101.373
53.398
38.594
455.893
436
9.145
83.805
46.0
34.694
436.894
436
9.145
77,367
1.255,4S7
825.665
641.271
604,626
Creditors.. amounts falling due after more than one ye•w
Group
2021
Charlty
2021
Group
2020
Charity
2020
Deferred in￿rne
320.353
320.353
Deferred In￿Me in non-current liabilibes relates to inoyn8 for confergnces delayed until 2022.
18

Unfversllles aDd Colleges Infomwtlon Syslems A$soclation
Notes to the Financial Ststements
for the year ended 31 December 2021
..conlinued
14.
Deferred Incomo
Defer￿d income comprises membership subsLyipti￿S and event income refating to the follov*ing
financial year and omvards.
ovements on deferred Ir￿MIe during the year we￿.
Group
Charity
Brought forward as al 1 January 2021
Amount re￿aSed to irthming resources
Amount deferred in yeai
776.246
(455,894)
712.450
436,894
1436,8941
619.990
Balance carried forwatd as at 31 December 2021
1.032.802
619.99)
15.
Analysis of funds
Movements
In year
1 January
2021
31 December
2021
Unrestricted funds
Restricted funds
Non-charitable trading fUr￿S
1.750.552
666.311
15.805
1SO.072
{13,6801
47.181
1,900,624
652.631
62,986
2.432,668
183.573
2.616.241
Movements
Asat
In yèar 31 Dèeember
2020
1 January
2020
Unrestricted funds
Restricted funds
NOn￿ritable tradiro fuThJs
1.572.761
680.711
656
177.791
{14.4001
15.149
1.750.552
666.311
15.805
2.254.128
178.540
2.432.668
The non-charitsble tra(1#￿ fvThJs re(Kesent Ihe results of Ihe trading subsidiary ccwnpany. See
note 17 for detsils.
Restricted funds ￿present funds received undw a want aqreement with London Melropolilan
Nety￿rf( Liniled less expenditu￿ app￿led under the terms of ttr* agreement.
19

Unlv¢rsltles and Colleges Inforn)allon Sys¢•ms As$o¢iatlon
Notes to the Financial Statements
for tho year ended 310ecember 2021
..contlnued
16.
Analysis of net assets between funds
Restricted
funds
Unrestri¢t•d
funds
Total
2021
T8ngiNe fixed assets
Intangible fixed assets
Current assets
Current liabilities
3.254
36.000
3.179.813
11,255.4571
3.2S4
36.000
3.832,444
11.255,4571
652.631
652.631
1.963.610
2,616,241
Restricted Unrestricted
funds
funds
Total
2020
T8ngible fixed assets
Intangible ffixed assets
Current assets
Current liabilit
54,000
2.671,397
1961,6241
666.311
3,337,708
1961,6241
666.311
1.766.357
2.432,668
17.
Re¢on¢lllallon of n¢t In¢om• to n•1 ¢a$h flow from operatlng actlvltle$
2021
2020
Nel incomellexpenditwel for year
183.573
178.S40
Interest receivable
Amort15ation and dewe¢iation
DeC￿ase/(lnCreaseI in debto
Decrease in credit(Ks
(3491
19.497
91.140
293.833
16.2931
18,642
1174.110)
752,410
Net flow from operating a¢tNibos
587.694
769,189
Related partit$
During the year the Charity undertook the follo4bryng transactions:
£4.4￿ (2020: £nill was spent on consulting from Roecliffe Marketing Ltd. a company of which
Simon Bracewell. a nonoxecutive director of uciSA Services Limited. is a d1￿Ctor. Lreditors
include an amount of £4.40012020.' £nil} payable to Roecliffe Marketing Ltd at the end of the
period.
The Charity entered into a ¢ollaborab"on agreernent IC￿ the free exchange of services
HEFESTIS Ltd in August 2021. Sijbsequently the CEO of UCISA, Deborah Green, was
aprM)inted to the boarf of HEFESTIS Ltd.
The wholly owned trading subsxliary UCISA Services Limited is incc¥porated in the United Kingdom
and pays all of its profits lo the charity by Gift Aid. Th8 charity owns the entire share capital of 100
shares of £1 each.
20

Universiti•s and Coll•g•s Information Systems As%Kiation
Notes to the Financial Sta¢emènts
for the year ended 31 December 2021
..cA)nlinued
18.
Related partle$ (¢on¢lnuedl
For the perlod end•d 31 D•e•mbèr 2021 the subsldlary company sha￿d th• foll¢xYlng
results:
2021
2020
Tumover
Cost of sales
219.830
1154.0831
248.679
1217.674)
Gross profit
65.747
31,005
Administrative and overhead costs
Interest receivable
{5.646)
116.249}
393
Profit for the finanoal year
Distribution to the charity
60.165
112.985)
15.149
Profit retained
47.180
15.149
The balance $he•t of th• subsldlary as at 31 De¢ember 2021 wa$:
2021
2020
Current assets..
Oeblors
Prepayments
Cash at bank
Othgr debtors
26.719
107.531
839,674
13.670
118.329
530,039
Cutrent liabilities-.
c￿ditOrS
Accruals and deferred income
other creditors
Ch¥ed to UCISA
17.3071
{22.9001
16,4371
{289,1351
{416.836)
{12,955)
{481,047)
Nat cUT￿nt assets
63,086
336,259
Non-current liabilities
Accruals an¢J deferred income
{320.3531
Total net assets
63.086
15,906
Aggregate share capital and reseNe$:
Share Ca￿ts1
Reserves
100
62.986
100
15.806
63,086
15,906
21

Vnlversllles and Colleys Infomiatton Syst•m$ As$o¢iatlon
Notes to the Financial Statements
fof thg year •ndod 31 D¢¢$mber 2021
..conlinued
19.
Charity statèment of financlal actfvltles
The charit￿S own results are swimarised beltyAt:
2021
2020
Income and end¢)wments from:
Other trading activities
Membership subscriptions
717.162
678.744
Charitable actsvit
Events. exhibitions and swnsorship
Charitsble fundraising
13.697
Investments
S,￿1
Grant income
T¢tal Income and endowments
731,145
684,645
Total èxpendlture
{594.753)
1521,254)
Net movement In fvnds
136.392
163,391