##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
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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|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|3.|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|WITH STUDENTS|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|
##
##
|8|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|||
##
##
##
##
|10|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|
##
|12|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||||||||
##
|||Group|2022|Charity|2022|Group|2021|Charity|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|
##
##
##
##
##