2022-07-31-accounts - University Of Brighton Students' Union

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			Unrestricted	Restricted	Total 2022	Total 2021
			Funds	Funds
		Notes
INCOME AND ENDOWMENTS	FROM:
Donations and legacies			1,468,347	75,000	1,S43,347	1,635,710
Charitable activities
Working with students			620,310		620,310	89,036
Other trading activities			91,756		91,756	35,073
Investments			81		81	204
TOTAL			2,180,494	75,000	2,255,494	1,760,023
EXPENDITURE ON:
Raising funds			80,268		80,268	43,681
Charitable activities:
Working with students			2,040,032	75,000	2,115,032	1,677,640
Provision for pension deficit
payments			18,196		18,196	15,868
TOTAL			2,138,496	75,000	2,213,496	1,737,189
NET INCOME FOR THE YEAR BL	NET
MOVEMENT IN FUNDS		10	41,998		41,998	22,834
RECONCILIATION OF FUNDS
Total funds brought forward at	1
August 2021			(1,090,628)		(1,090,628)	(1,113,462)
TOTAL FUNDS CARRIED FORWARD AT
31JULY 2022		17	(1,048,630)		(1,048,630)	(1,090,628)

					Restated
		Group	Charity	Group	Charity
		2022	2022	2021	2021
	Notes		E	E	E
FIXEDASSETS
Tangible assets	11	48,261	48,261	18,138	18,138
Investments	12		2		2
		48,261	48,263	18,138	18,140
CURRENT ASSETS
Stocks	13	77,445	77,445	83,223	83,223
Debtors	14	118,389	239,476	67,561	135,346
Cash at bank and in hand		369,154	369 154	449,801	442,611
		564,988	686,075	600,583	661,180
LIABILITIES
Creditors: Amounts falling due within one
year	15	(195,957)	(195,957)	(177,659)	(177,659)
NET CURRENT ASSETS		369,Q31	490,118	422,926	4S3,521
TOTAL ASSETS LESSCURRENT LIABILITIES		417,292	538,381	441,064	501,661
Provisions for liabilities	16	(1,465,922)	(1,465,922)	(1,531,692)	(1,531,692)
NET LIABILITIES		(1,048,630)	(927,541)	(1,090,628)	(1,030,031)
THE FUNDS OFTHE GROUP AND CHARITY
Restricted income funds	17
Unrestricted income funds	17	(1,048,630}	(927,541)	(1,090,628)	(1,030,031}
TOTAL GROUP AND CHARITY FUNDS	18	(1,048,630}	(927,541)	(1,090,628)	(1,030„031}

					Group	Charity		Group	Charity
					2022	2022		2021	2021
				Notes
CASH FLOWS FROM OPERATING		ACTIVITIES:
Net cash (outflow)/inflow	from operating			19
activities					(35,402)	(28,212)		(49,229)	(52,017)
					(35,402)	(28,212)		(49,229)	(52,017)
CASH FLOWS FROM INVESTING ACTIVITIES".
Dividends, interest and rents from
investments					81		81	204	204
Purchase of property, plant and equipment					(45,326)	(45,326)
Net cash used in investing	activities				(45,245)	(45,245)		204	204
CHANGE IN CASH AND CASH EQUIVALENTS
IN THE REPORTING YEAR					(80,647)	(73,457)		(49,025)	(51,813)
Cash and cash equivalents	at the	beginning	of
the reporting year					449,801	442,	610	498,826	494,424
CASH AND CASH EQUIVALENTS AT THE END
OFTHE REPORTING YEAR				20	369,154	369,154		449,801	442,611

DONATIONS	AND LEGACIES	AND LEGACIES		Unrestricted	Restricted		Total	Total
				funds	Funds		2022	2021
Block grant	from	the University	of
Brighton				1,122,087			1,122,087	1,067,500
Donations from other funders				72,149		75,000	147,149	294,099
Grant of serviced		accommodation		274,111			274,111	274,111
				1,468,347		75,000	1,543,347	1,635,710

4	INCOME FROM WORKING	INCOME FROM WORKING	INCOME FROM WORKING	INCOME FROM WORKING	Unrestricted	Unrestricted
					Total 2022	Total 2021
					E	f
	Cafes and shops				526,891	77,528
	Entertainments	and events			93,419	2,308
	Societies					9,200
					620,310	89,036
5	OTHER TRADING		ACTIVITIES		Unrestricted	Unrestricted
					Total 2022	Total 2021
					f	E
	Commercial	marketing		sponsorship	91,756	35,073
					91,756	35,073
6	INVESTMENTS				Unrestricted	Unrestricted
					Total 2022	Total 2021
					E	E
	Bank interest	receivable		on short term cash deposits		204
7	RAISING	FUNDS			Unrestricted	Unrestricted
					Total2022	Total2021
					E
	Commercial		activities:
	Direct costs				15,654	19,548
	Direct staff		costs		6,088	7,602
	Support	staff costs			15,231	10,595
	Rent				500	500
	Other support costs				42,795	5,436
					80,268	43,681

COSTS OF WORKING WITH STUDENTS	COSTS OF WORKING WITH STUDENTS	COSTS OF WORKING WITH STUDENTS	Unrestricted	Restricted	Total	Total
			funds	funds	2022	2021
Analysed by activity:
Cafes and shops			591,620		591,620	249,861
Entertainments and events			180,407		180,407	71,739
Academic experience,	advice and
wellbeing			287,326		287,326	278,535
Campus and community			15,744	75,000	90,744	162,395
Other student activities			855,408		855,408	817,040
Provision for pension deficit		payments	18,196		18,196	15,868
Governance costs			109,526		109,526	98,070
			2,058,227	75,000	2,133,227	1,693,508
			Unrestricted	Restricted	Total	Tota I
			funds	funds	2022	2021
				f.	f
Analyse d by type ofcost:
Direct costs			349,384		349,384	244,454
Direct staff costs			167,237	75,0DO	242,237	633,009
Support staff costs			826,138		826,138	310,200
Provision for pension deficit payments			18,196		18,196	15,868
Rent			274,111		274,111	273,611
Other support costs			331,832		331,832	118,297
Governance costs			109,526		109,526	98,070
			2,058,227	75,000	2,151,423	1,693,508
Governance costs are made		up as follows:			Total	Total
					2022	2021
Sabbatical Officer salaries					90,108	81,859
Sabbatical Officer training					4,528	5,036
Trustees' expenses						65
Auditors' remuneration:
External audit services					13,750	12,500
Corporate tax compliance		services			1,140	1,10D
(Over)/Under accrual	in respect ofprior					(555)
years
					109,526	100,005

STAFFCOSTS
				2022	2021
The average monthly number of persons (excluding trustees) during the year was:	working	with the charitable	company	No.	No.
Cafes and shops Entertainments and events Academic experience, advice and wellbeing				6 1 11
Campus and community Office and management Sabbatical Officers Raising funds				3 8 4 1
				34
Staffcosts for the above persons:
Wages and salaries Social security costs Pension costs - regular annual contributions Pension costs - provision for pension deficit payments Termination payments Other costs				930,080 88,557 38,125 18,196 26 711	954,175 85,615 40,537 15,868 11,968 21 157
				1,101,669	1,129,320

	Gross salary	Employer	pension
	E	contributions
			E
Ramy Badrie	19,795
Sufia Begum	21,502		860
ilia Mirsky Katz	2,687		107
Jenniver Girgawi	19,8?9
Hadi Hassoun	19,795
Anuraj Karmacharya	2,687		107
Doris Uche	2,687

NET INCOME FOR THE YEAR	2022	2021
Net income forthe year isstated after charging:
Depreciation	15,203	9,105
Operating lease costs - equipment		3,118
TANGIBLE ASSETS
	Equipment	Total
Group and charity	f
Cost:
1August 2021	175,852	175,852
Additions	45,326	45,326
31July 2022	221178	221178
Depreciation:
1August 2021	157,714	157,714
Charge in the year	15,203	15,203
31July 2022	172917	172917
Net book value:
31Juiy 2022	48,261	48,261
31July 2021	18,138	18,138

INVESTMENTS				Union	Funds	Union Funds	Union Funds
				2022		2021
					E		E
Group
Cost:
1August
Fair Value of assets	transferred
31July
	Union Funds	BSU Enterprise	Limited		Total 2022	Tota	I 2021
Charity			E		E		E
Cost:
1August
Change
31)uly

		2022	2022	2021	2021
		E	E	E
Cafe	supplies	11,999	11,999	4,168	4,168
Shop	supplies	65,446	65,446	79,055	79,055
		77,445	77,445	83,223	83,223

								Restated	Restated
14	DEBTORS		Group	2022	Charity	2022	Group 2021	Charity	2021
			E		E		f	f
	Amounts	falling due within one year:
	Trade debtors			64,281		64,281	17,131		17131
	Amounts	due to group undertakings				121,087			67,785
	Other debtors			2,952		2,952	329		329
	Prepayments and accrued incoine			51,156		51,156	50,101		50,101
				118,3&9		239,476	67,561		135,346
15	CREDITORS		Group	2022	Charity 2022		Group 2021	Charity	2021
			E		f		E	E
	Amounts	falling due within one year:
	Trade creditors			58,361		58,361	26,488		26,488
	other taxes and social security costs			25,716		25,716	9,595		9,595
	Clubs and	societies funds		57,526		57,526	69,860		69,860
	Accruais			27,588		27,588	51,218		51,218
	Deferred	income		26,766		2e,76e	20,499		20,499
				195957		195957	177660		177660
Deferred income:
Deferred income		brought forward		20,499		20,499	22,404		22,404
Deferred income		released to the statement offinancial
activities				(20,499)		(20,499)	(22,404)		(22,404)
Income	received	in advance during the period		26,766		26,766	20,499		20,499
Deferred income		carried forward:		26,766		26,766	20,499		20,499

PROVISIONS FOR LIABILITIES	PROVISIONS FOR LIABILITIES	PROVISIONS FOR LIABILITIES	2022	2021
			SUSS pension deficit	SUSS pension deficit
			provision	provision
			f
Balance	at 1August		1,531,692	1,590,158
Amounts	provided	during the year - see
note 24			(65,770)	(58,466)
Balance	at31July		1,465,922	1,531,692

				1	August			Transfers
				2021		Income	Expenditure	between	funds	31July 2022
Group				f			f	f		f
Restricted income		funds:
Retention fund						75,000	(75,000)
						75,000	(75,000)
Unrestricted income funds:
General fund						2,180,494	(2,123,292)	(57,202)
Designated funds:
Capital reserve		fund			18,138		(15,204)		45,326		48,260
Contingency	reserve		fund		100,000						100,000
Development	reserve fund				322,926			(53,894)			269,032
SUSS pension	deficit		fund	(1,531,692)					65,770	{1,465,922)
				(1,090,628)		2,180,494	(2,138,496)			(1,048,630)
				(1,090,628)		2,255,494	(2,238,496)			{1,048,630)
				1	August			Transfers		31	July
				2020		Income	Expenditure	between	funds	2021
Group				f			f	f		f
Restricted income funds:
Retention fund						75,000	(75,000)
						75,000	(75,000)
Unrestricted income			funds:
General fund						1,685,023	(1,653,084)	(31,939)
Designated funds:
Capital reserve		fund			27,243		(9,105)				18,138
Contingency	reserve fund				100,000						100,000
Development		reserve fund			349,453			(26,527)			322,926
Sports Federation			fund
SUSS pension		deficit fund		(1,590,158)					58,466	(1,531,692)
				{1,113,462)		1,685,023	(1,662,189)			(1,090,628)
				(1,113,462)		1„760,023	(1,737,189)			(1,090,628)

ANALYSIS OF NET ASSETS BETWEEN FUNDS	ANALYSIS OF NET ASSETS BETWEEN FUNDS
	Fixed		Current	Provisions for
	assets	Current assets	liabilities	liabilities	Total 2022
Group	f				f
Restricted income funds:
Unresticted income funds:
Designated funds:
Capital reserve fund	48,260				48,260
Contingency reserve fund		100,000			100,000
Development reserve fund		464,989	(195,957)		269,030
SUSS pension deficit fund				(1,465,922)	(1,465,922)
NET LIABILITIES	48,260	564,989	(195,957)	(1,465,922)	(1,048,630)
	Fixed		Current	Provisions for
	assets	Current assets	liabilities	liabilities	Total 2022
Charity					f
Unresticted income funds:
General fund
Designated funds:
Capital reserve fund	48,260				48,260
Contingency reserve fund		100,000			100,000
Development reserve fund		586,076	(195,957)		390,119
SUSS pension deficit fund				(1,465,922)	(1,465,922)
NET LIABILITIES	48,262	686,076	(195,957)	(1,465,922)	(927,541)

18	ANALYSI5 OF NET
ASSETS BETWEEN FUNDS
(continued)		Fixed	Current	Current	Provisions	for	Total 2021
		assets	assets	liabilities	liabilities
	Group
	Restricted income funds:
	Unrestricted income funds:
	General fund
	Designated funds:
	Capital reserve fund	18,138					18,138
	Contingency reserve fund		100,000				100,000
	Development reserve fund		500,585	(177,659)			322,926
	SUSSpension deficit fund				(1,531,692)		(1,531,692)
	NET LIABILITIES	18,138	600,585	(177,659)	(1,531,692)		(1,090,628)
		Fixed	Current	Current	Provisions	for	Restated Total
		assets	assets	liabilities	liabilities		2021
	Charity	f	E
	Restricted income funds:
	Unrestricted income funds:
	General fund
	Designated funds:
	Capital reserve fund	18,138					18,138
	Contingency reserve fund		100,000				100,000
	Development reserve fund		561,182	(177,659)			383,523
	SUSSpension deficit fund				(1,531,692)		(1,531,692)
	NET I.IABILITIES	18,140	661,182	(177,659)	(1,531,692)		(1,030,031)

19	RECONCILIATION O	F N	ET	INCO	M	E TO NET CASH P	ROVIDE	D BY	OPERATING ACTI	VIT	IE5
												Restated
						Group	2022	Charity 2022 Group			2021	Charity 2021
						f		f				f.
Net	income for the reporting			period		41,998			102,488		22,833		83,432
Adjustments for:
Dividends, interest and		rents		from
investments							(81)		(81)		(204)		(204)
Depreciation charges						15,204			15,204		9,105		9,105
Decrease in stock							5,778		5,778		4,076		4,076
Increase in debtors						(50,828)			{104,128)	(28,963)			{92,350)
Increase in creditors							9,665		9,665		2,390		2,390
Increase in provisions						(65,770)			(65,770)	(58,466)			(58,466)
Net	cash used in operating		activities			(35,402)			(28,212)	(49,229)			(52,017)
	ANALYSIS OF CASH AND			CASH
20	EQUIVALENTS
						Group 2022			Charity 2022	Group 2021			Charity 2021
	Cash at bank and	in	hand			369,154			369,154	449,801			442,611
21	FINANCIAL INSTRUMENTS
													Charity
						Group 2022			Charity 2022	Group 2021			2021
						f			f	f			f
	Carrying amount	of	financial		assets:
	Equity instruments	measured				at fair value
	Debt instruments	measured			at amortised
	cost						64,281		64,281		17,131		17,131
	Carrying amount	of	financial		liabilities:
	Measured at amortised			cost			110,843		110,843		133,635		133,635

22.OPE	RATING LEASE COMMITMENT	S
		Group 2022	Charity 2022	Group 2021	Charity 2021
		f		f
Plant and machinery:
Payable	within one year			1,000	1,000
Payable	in two to five years
Payable	in more than five years
				1,DDD	1,000