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||||Page|
|---|---|---|---|
|Reference and Administrative<br>Details|ofthe Charity,|its Trustees and Advisers|1-2|
|Trustees'<br>Report||||
|Trustees' Responsibilities<br>Statement||||
|Independent<br>Auditors'<br>Report on the|Financial Statements||12-15|
|Consolidated<br>Statement<br>of Financial|Activities||16|
|Consolidated<br>Balance Sheet|||17|
|Charity Balance Sheet|||18|
|Consolidated<br>Statement ofCash Flows|||19|
|Notes to the Financial Statements|||20-44|





## 

## 

|Sabbatical|Officers|2022/23 (From|1|July 2022|July 2022|to 30June 2023)|to 30June 2023)|to 30June 2023)|
|---|---|---|---|---|---|---|---|---|
|||Daniella<br>Marley,|President|||(Chair ofthe Board)|||
|||Joshua Borokinni,||VP Wellbeing||||and Diversity|
|||Tonari Arikekpar,||VP Education|||||
|||Mitch Laughton,|VP Activities||||||
|||2021/22 (From|1|July 2021||to 30June 2022)|||
|||Emilia Dowse, President|||||||
|||Fawziyyah<br>Ahmed, VP Wellbeing||||||and Diversity|
|||Charlie Atkinson,||VP Education|||||
|||Madeleine<br>Morton, VP Activities|||||||
|Student Trustees||Charles Gage|||||||
|||Aira Ong (appointed<br>28|||October 2021)||||
|||Oliver Smith (appointed|||28|October 2021)|||
|External Trustees||Jane Hopkinson,||(Deputy Chair ofthe Board)|||||
|||James Hemsley|||||||
|||Graham<br>Stirling|||||||
|||Helen Cocks|||||||
|Company<br>registered|||||||||
|number||10676070|||||||
|Charity registered|||||||||
|number||1172830|||||||
|Principal Office||Students'<br>Union|Building||||||
|||University<br>of Plymouth|||||||
|||Drake Circus|||||||
|||Plymouth|||||||
|||PL4 8AA|||||||
|Chief Executive||Antony Blackshaw||(interim,||resigned 6 August 2021)|||
|||Nicky Goldthorpe||(Appointed|||8September 2021)||
|Independent|auditors|Bishop Fleming|LLP||||||
|||Chartered<br>Accountants|||||||
|||Salt Quay House|||||||
|||4 North East Quay|||||||
|||Sutton Harbour|||||||
|||Plymouth|||||||
|||PL4 OBN|||||||
|Bankers||HSBC Bank Pic|||||||
|||PO Box26|||||||
|||4 Old Town Street|||||||
|||Plymouth|||||||
|||PL1 1DD|||||||
||||||Page||1||





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||||or<br>causes<br>catastrophic|or<br>causes<br>catastrophic|Return,<br>Operations|Return,<br>Operations|8|
|---|---|---|---|---|---|---|---|
||||consequences<br>upon||Infrastructure|Stakeholder||
||||staff/student<br>safety<br>and/or||Group|||
||||institutional|sustainability<br>and|Relevant<br>insurance|policies|in|
||||reputation||place and reviewed|annually||
|Commercial||Income|Reduction|in expected<br>income|Increased range of|offerings||
||||from commercial<br>operations.||Monitor competition|||
||||||Price<br>advantage|due|to|
||||||NUSSL membership|||
||||||investment<br>in<br>infrastructure|||
||||||and upkeep ofthe outlets|||
|Student|Numbers||Significant|unplanned|Attendance<br>at|Student||
||||reductions|in student<br>numbers|Numbers<br>Planning|Committee||
||||may<br>result<br>in<br>inability<br>to||Involvement<br>in|open|/|
||||remain<br>financially<br>sustainable.||applicant<br>days|||
||||||Contact with Recruitment|||
|Pension|||SU SS|pension<br>deficit|Funds<br>allocation<br>within<br>3 year|||
||||becomes|immediately<br>payable|budget<br>planning|||
||||leading|to<br>catastrophic||||
||||financial<br>impact, or substantial|||||
||||increases|in<br>annual||||
||||repayments|leading to ongoing||||
||||significant|cost pressures||||



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||||Unrestricted|||||
|---|---|---|---|---|---|---|---|
||||funds-||Unrestricted|||
||||pension|Restricted|funds-|Total|Total|
||||liability|funds|general|funds|funds|
||||2022|2022|2022|2022|2021|
|||Note|||||E|
|INCOME AND||||||||
|ENDOWMENTS||||||||
|FROM:||||||||
|Donations<br>and legacies||4||3,162|2,110,731|2,113,893|2,289,984|
|Charitable<br>activities||5||558,985|2,279,154|2,838,139|808,106|
|Investments||6|||4,017|4,017|4,253|
|Other income|||||||108,751|
|TOTAL INCOME AND||||||||
|ENDOWMENTS||||562,147|4,393,902|4,956,049|3,211,094|
|EXPENDITURE ON:||||||||
|Raising funds|||||60|60|221|
|Charitable<br>activities||8.|(246,485)|566,070|4,301,157|4,620,742|3,067,935|
|TOTAL||||||||
|EXPENDITURE|||(246,485)|566,070|4,301,217|4,620,802|3,068,156|
|NET INCOME/||||||||
|(EXPENDITURE)||||||||
|BEFORE NET||||||||
|GAINS/ (LOSSES)||||||||
|ON INVESTMENTS|||246,485|(3,923)|92,685|335,247|142,938|
|Net gains/(losses)|on|||||||
|investments|||||(14,014)|(14,014)|8,363|
|NET INCOME<br>/||||||||
|(EXPENDITURE)|||246,485|(3„923)|78,671|321,233|151,301|
|Transfers<br>between||||||||
|funds||||(25,343)|25,343|||
|NET MOVEMENT|IN|||||||
|FUNDS|||246,485|(29,266)|104,014|321,233|151,301|
|RECONCILIATION|OF|||||||
|FUNDS:||||||||
|Total funds brought||||||||
|forward|||(1,863,663)|324,417|1,308,490|(230,756)|(382,057)|
|Net movement<br>in funds|||246,485|(29,266)|104,014|321,233|151,301|
|TOTAL FUNDS||||||||
|CARRIED||||||||
|FORWARD|||(1,617,178)|295,151|1,412,504|90,477|(230,756)|





## 

## 

||||Note||2022f||2021f|
|---|---|---|---|---|---|---|---|
|FIXEDASSETS||||||||
|Tangible assets|||16||443,940||535,725|
|Investments|||17||267,538||281,150|
||||||711,478||816,875|
|CURRENT ASSETS||||||||
|Stocks|||18|112,380||90,872||
|Debtors|||19|118,641||105,006||
|Cash at bank and|in hand||26|1,593,056||1,589,523||
|||||1,824,07?||1,785,401||
|Creditors: amounts|falling due within one|||||||
|year|||20|(827,900)||(969,369)||
|NET CURRENT ASSETS|||||996,177||816,032|
|TOTAL ASSETS|LESSCURRENT|||||||
|LIABILITIES|||||1,707,655'||1,632,907|
|Creditors: amounts|falling due after more|||||||
|than one year|||21||(1,617,178)||(1,863,663)|
|TOTAL NET ASSETS/ (LIABILITIES)|||||90,477||(230,756)|
|CHARITY FUNDS||||||||
|Unrestricted<br>- pension||liability|22||(1,617,178)||(1,863,663)|
|Restricted<br>funds|||22||295,151||324,417|
|Unrestricted<br>funds|||22||1,412,504||1,308,490|
|TOTAL FUNDS|||||90,477||(230,756)|





## 

## 

||||||2022'||2021|
|---|---|---|---|---|---|---|---|
||||Note|||||
|FIXEDASSETS||||||||
|Tangible assets|||16||443,940||535,725|
|Investments|||17||267,539||281,151|
||||||711,479||816,876|
|CURRENT ASSETS||||||||
|Stocks|||18|112,380||90,872||
|Debtors|||19|119,551||105,351||
|Cash at bank and|in hand|||1,592,105||1,589,398||
|||||1,824,036||1,785,621||
|Creditors: amounts|falling due within one|||||||
|year|||20|(827,579)||(969,369)||
|NET CURRENT ASSETS|||||996,457||816,252|
|TOTAL ASSETS LESSCURRENT||||||||
|LIABILITIES|||||1,707,936||1,633,128|
|Creditors: amounts|falling due after more|||||||
|than one year|||21||(1,617,178)||(1,863,663)|
|TOTAL NET ASSETS/||(LIABILITIES)|||90,758||(230,535)|
|CHARITY FUNDS||||||||
|Unrestricted<br>-pension||liability|22||(1,617,178)||(1,863,663)|
|Restricted<br>funds|||22||295,151||324,417|
|Unrestricted<br>funds|||22||1,412,785||1,308,711|
|TOTAL FUNDS|||||90,758||(230,535)|





## 

## 

||||2022|2021|
|---|---|---|---|---|
|||Note|||
|CASH FLOWS FROM OPERATING ACTIVITIES|||||
|Net cash provided<br>by operating<br>activities||25|42,105|947,277|
|CASH FLOWS FROM INVESTING ACTIVITIES|||||
|Purchase oftangible fixed assets|||(49,373)|(163,510)|
|Gain/ (loss) on investments|||14,014|11,604|
|interest received|||4,017|1,012|
|NET CASH PROVIDED BY/ (USED IN) INVESTING ACTIVITIES|||(31,342)|(150,894)|
|CHANGE<br>IN CASH AND CASH EQUIVALENTS|||10,763|796,383|
|Cash and cash equivalents<br>at the beginning|ofthe year||1,589,523|793,140|
|CASH AND CASH EQUIVALENTS AT THE|END OF THE YEAR|26|1,600,286|1,589,523|





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|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2022|2022|2022|2021|
||||||E|
|Donations|||6,736|6,736||
|University|Block Grant||2,103,995|2,103,995|2,006,110|
|COVID-19|CJRS Grant|3,162||3,162|283,874|
|TOTAL 2022||3,162|2,110,731|2,113,893|2,289,984|
|TOTAL 2021||283,874|2,006,110|2,289,984||



## 

|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||'funds|funds|funds|funds|
|||||2022|2022|2022|2021|
|Retail and other|trade||||2,076,501|2,076,501|310,351|
|COVID student|testing|income|||10,884|10,884|198,014|
|Representation|and Representation|||||||
|sponsorship|||||2,068|2,068|1,000|
|Sports and Recreation||Members|Contributions||137,748|137,748|64,329|
|Sports and Recreation||Sponsorship|||11,598|11,598|7,059|
|Income from charitable||activities-||||||
|Representation|sponsorship||||39,395|39,395|25,000|
|External funding|grants||||960|960|1,100|
|Clubs and societies||||558,985||558,985|201,253|
|TOTAL 2022||||558,985|2,279,154|2,838,139|808,106|
|TOTAL 2021||||201,253|606,853|808,106||





## 

## 

|||Unrestricted|Total|.|Total|
|---|---|---|---|---|---|
|||funds|funds||funds|
|||2022|2022||2021|
|Investment|income|4,017|4,017||4,253|
|TOTAL 2021||4,253|4,253|||



## 

|||Unrestricted|Total|Total|'|
|---|---|---|---|---|---|
|||funds|funds|funds||
|||2022|2022|2021||
|Other incoming|resources|||108,751||
|TOTAL 2021||108,751|108,751|||





||||Unrestricted|||||
|---|---|---|---|---|---|---|---|
||||funds-|||||
||||pension|Restricted|Unrestricted|||
||||liability|funds|funds|Total|Total|
||||2022|2022|2022|2022|2021|
||||||||E|
|Retail and Other||Trade|||2,180,039|2,180,039|835,594|
|COVID-19 Grant||||3,162|(3,162)|||
|Welfare|||||195,827|195,827|194,215|
|Representation|and|||||||
|Representation||Sponsorship|||926,855|926,&55|1,052,444|
|Societies, Sports||and||||||
|Recreation<br>Sponsorship|||||926,970|926,970|794,233|
|FRS102 Pension||Deficit||||||
|Liability|||(246,485)|||(246,485)|(121,311)|
|COVID-19 Student Testing|||||1,612|1,612|80,874|
|Governance|||||73,016|73,016|76,352|
|Clubs and Societies||||562,90&||562,90&|155,534|
|TOTAL 2022|||(246,485)|566,070|4,301,157|4,620,742|3,067,935|
|TOTAL 2021|||(121,311)|439,408|2,749,838|3,067,935||





## 

## 

## 

|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2022|2022|2021|
|||||||E|
||Governance<br>Auditors'||remuneration|14,300|14,300|13,500|
||Trustee|Board expenses||384|384||
||Executive travel and phone expenses|||1,246|1,246|740|
||Support|staff costs||32,058|32,058|24,164|
||Support|facilities costs||40,958|40,958|37,948|
||TOTAL|2022||88,946|88,946|76,352|
||TOTAL|2021||76,352|76,352||
|10.|STAFF|&FACILITIES|COSTS||||
||||||2022|2021|
||Wages|and salaries|||641,162|483,273|
||Training|costs|||6,287|2,849|
||General|adminstration|||152,378|105,844|
||Legal and professional||||39,659|35,663|
||Depreciation||||27,591|31,482|
||Rent||||580,752|580,752|
||Other expenses||||12,512|20,685|
||||||1,460,341|1,260,548|





## 

## 

|Support costs d|etailed|above|are appo|rtion|ed<br>to projects as|below:|||
|---|---|---|---|---|---|---|---|---|
||||Basis|of|Support staff|Facilities|Total costs|Total costs|
|||apportionment|||2022|costs 2022|2022|2021|
|||||'/o||||E|
|Retail and other|trade|||30|192,349|245,754|438,103|252,110|
|Societies, Sports and||||20|128,232|163,836|292,068|252,110|
|Recreation|||||||||
|Welfare||||7|44,881|57,343|102,224|88,238|
|Representation|and|||38|243,642|311,288|554,930|605,063|
|Representation|||||||||
|Sponsorship|||||||||
|Governance|||||32,05&|40,958|73,016|63,027|
|Total costs apportioned|||100||641,162|819,179|1,460,341|1,260,548|
|NET INCOME|||||||||
|This is stated after charging:|||||||||
||||||||2022|2021|
|Depreciation<br>of|tangible|fixed|assets||||139,749|111,741|
|Auditors'<br>remuneration||- audit|||||14,300|12,030|
|Auditors'<br>remuneration||-other|services|||||715|
|Operating<br>lease|rentals||||||580,752|580,752|
||||||||734,801|705,238|



## 



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## 

|||||Activities||||
|---|---|---|---|---|---|---|---|
|||||undertaken|Support|Total|Total|
|||||directly|costs|funds|funds|
|||||2022|2022|2022f|2021|
|Retail and Other||Trade||1„741,936|438,103|2,180,039|835,594|
|Welfare||||93,603|102,224|195,827|194,215|
|Representation|and Representation|||||||
|Sponsorship||||371,924|554,931|926,855|1,052,444|
|Sports and Recreation|||Sponsorship|634,902|292,068|926,970|794,233|
|FRS102Pension||Deficit Liability||(246,485)||(246,485)|(121,311)|
|COVID-19 Student Testing||||1,612||1,612|80,874|
|Governance|||||73,016|73,016|76,352|
|Clubs and Societies||||562,908||562,908|I55,534|
|||||3,160,400|1,460,342|4,620,742|3,067,935|
|TOTAL 2021||||1,540,921|1,527,014|3,067,935||



## 

|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2022|2021|2022|2021|
|Wages and|salaries|||1,795,032|'l,600,067|1,795,032|1,600,067|
|Social security costs||||108,0&4|94,936|108,084|94,936|
|Contribution|to defined|contribution|pension|||||
|schemes||||55,787|56,812|55,787|56,812|
|FRS102pension<br>deficit||liability||(246,485)|(121,311)|(246,485)|(121,311)|
|||||1,712,418|1,630,504|1,712,418|1,630,504|





## 


|Group|Group|
|---|---|
|2022|2021|
|No.|No.|



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## 

|||Short-term|||
|---|---|---|---|---|
|||leasehold|Fixtures and||
|||property<br>f|fittings<br>f.|Total '<br>f|
||COST OR VALUATION||||
||At 1 August 2021|652,594|318„414|971,008|
||Additions||49,373|49,373|
||Disposals||(36,576)|(36,576)|
||At 31 July 2022|652,594|331,211|983,805|
||DEPRECIATION||||
||At 1 August 2021|197,298|237,985|435,283|
||Charge for the year|65,127|74,622|139,749|
||On disposals||(35,167)|(35,167)|
||At 31 July 2022|262,425|277,440|539,865|
||NET BOOK VALUE||||
||At 31 July 2022|390,169|53,771|443,940|
||At 31 July 2021|455,296|80,429|535,725|
|17.|FIXEDASSET INVESTMENTS||||
|||||Investments|
||GROUP||||
||COST OR VALUATION||||
||At 1 August 2021|||281,150|
||Revaluations|||(13,612)|
||AT 31 JULY 2022|||267,538|
||NET BOOK VALUE||||
||AT 31 JULY 2022|||267,538|
||AT 31 JULY 2021|||281,150|





|||||||Investments|Investments|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||in|||||
|||||||subsidiary||||||
|||||||companies|||Investments||Total|
|CHARITY||||||||F||||
|COST OR VALUATION||||||||||||
|At 1 August|2021|||||||1||281,150|281,151|
|Revaluations||||||||||(13,612)|(13,612)|
|AT 31 JULY|2022|||||||1||267,538|26.7,539|
|NET BOOK|VALUE|||||||||||
|AT 31 JULY|2022|||||||1||267,538|267,539|
|AT 31 JULY|2021|||||||||281,150|281,151|
|PRINCIPAL|SUBSIDIARIES|||||||||||
|The following|was a subsidiary|undertaking||ofthe Charity:||||||||
|Name||Company|||Registered|office|or principal|||Principal|activity|
|||number|||place ofbusiness|||||||
|UPSU Trading<br>Limited||09689028|||University|of Plymouth||||Running|events|
||||||Students'|Union,|University||of|||
||||||Plymouth,|Drake|Circus,|||||
||||||Plymouth,|Devon,|PL4|8AA.||||
|Class of|Holding|||||||||||
|shares||||||||||||
|Ordinary|100'/|||||||||||
|The financial|results ofthe subsidiary||for the year were:|||||||||
|Name|||||Expenditure|||Loss||for the|Net assets|
|||||||||||yearf|f.|
|UPSU Trading<br>Limited|||||||(60)|||(60)|(281)|





## 

## 

|||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|---|
|||||||2022|2021|2022|2021|
|||||||F||||
|Finished|goods|and|goods|for|resale|112,380|90,872|112,380|90,872|



## 

|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||F||||
|DUE WITHIN|ONE YEAR|||||
|Trade debtors||33,457|20,111|33,481|20,135|
|Amounts<br>owed by group undertakings||||886|321|
|Other debtors||9,602|43,979|9,602|43,979|
|Prepayments|and accrued income|75,582|40,916|75,582|40,916|
|||118,641|105,006|119,551|105,351|



## 

||||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|2022|2021|
||Trade' creditors||||||651,604|674,910|651,283|674,910|
||Other taxation and|||social security|||39,765|101,561|39,765|101,561|
||Other creditors||||||61,170|63,357|61,170|63,357|
||Accruals|and deferred|||income||75,361|129,541|75,361|129,541|
||||||||827,900|969,369|827,579|969,369,|
||||||||Group|Group|Charity|Charity|
||||||||2022|2021|2022|2021|
||Deferred|income at||1 August 2021|||49,644|920|49,644|920|
||Resources deferred|||during the year|||4,780|49,644|4,780|49,644|
|'|Amounts|released|from previous|||periods|(49,644)|(920)|(49,644)|(920)|
||||||||4,780|49,644|4,780|49,644|





## 

|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|Other|creditors|1,617,178|1,863,663|1,617,178,|1,863,663|



||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|
||||||2022|2021|2022|2021|
||||||F|||E|
|Payable|or|repayable|by|instalments|'1,617,178|1,863,663|1,617,178|1,863,663|





## 

## 

## 

|||Balance at 1|||Transfers|Transfers|Gains/|Balance at|
|---|---|---|---|---|---|---|---|---|
|||August 2021|Income|Expenditure||in/out|(Losses)|31July 2022|
||||E|||Z|||
|UNRESTRICTED|||||||||
|FUNDS|||||||||
|DESIGNATED|||||||||
|FUNDS|||||||||
|Capital reserves||574,428|6,736|(106,055)||(2,170)||472,939|
|Staffing reserve||22,122||(3,192)|.|20,000||38,930|
|External/<br>Matched|||||||||
|funding||23;364||(701)||||22,663|
|Digital and|||||||||
|technology|fund|20,000||||10,000||30,000|
|Sport|||||||||
|development|||||||||
|reserve||||||8,000||8,000|
|Buildings<br>repair|||||||||
|fund||12,500||||||12,500|
|Gym reserve||||||32,000||32,000|
|Facilities|||||||||
|development|||||||||
|reserve||34,901||||||34,901|
|Pension deficit|||||||||
|reserve||150,000||||||150,000|
|||&37,315|6,736|(109,948)||67,830||801,933|
|GENERAL FUNDS|||||||||
|Free reserves||471,396|4,387,166|(4,191,209)||(42,4&7)|(14,014)|610,852|
|Trading subsidiary||(221)||(60)||||(281)|
|||471,175|4,387„166|(4,191,269)||(42,4&7)|(14,014)|610,571|
|TOTAL|||||||||
|UNRESTRICTED|||||||||
|FUNDS||1,30&;490|4,393,902|(4,301,217)||25,343|(14,014)|1,412,504|
|PENSION|||||||||
|LIABILITY|||||||||
|Pension<br>liability||(1,863,663)||246,4&5||||(1,617,178)|





## 

## 

||Balance at 1||||Transfers|Gains/|Balance at|
|---|---|---|---|---|---|---|---|
||August 2021|Income<br>f||Expenditure|in/out|(Losses)|31July 2022|
|RESTRICTED||||||||
|FUNDS||||||||
|Clubs and||||||||
|societies|324,417|558,985||(562,908)|(25,343)||295,151|
||||'|||||
|COVID-19 Grant||3,162||(3,162)||||
||324,41?|562,147||(566,070)|(25,343)||295,151|
|TOTAL OF||||||||
|FUNDS|(230,756)|4,956,049||(4,620,802)||(14,014)|90,477|





## 

|STATEMENT OF F|UNDS - PRIOR|YEAR|||||
|---|---|---|---|---|---|---|
||Balance at||||||
||1 August|||Transfers|Gains/|Balance at|
||2020|Income|Expenditure|in/out|(Losses)|31 July 2021|
|UNRESTRICTED|||||||
|FUNDS|||||||
|DESIGNATED|||||||
|FUNDS|||||||
|Capital reserves|737,034||(113,241)|(49,365)||574,428|
|Staffing reserve|23,525|||(1,403)||22,122|
|External/<br>Matched|||||||
|funding|23,364|||||23,364|
|Digital and|||||||
|technology<br>fund|20,000|||||20,000|
|Buildings<br>repair|||||||
|fund|12,500|||||12,500|
|Facilities|||||||
|development|||||||
|reserve|34,901|||||34,901|
|Pension deficit|||||||
|reserve|150,000|||||150,000|
||1,001,324||(113,241)|(50,768)||837,315|
|GENERAL FUNDS|||||||
|Free reserves|322,895|2,725,967|(2,636,597)|50,768|8,363|471,396|
|Trading<br>subsidiary|||(221)|||(221)|
||322,895|2,725,967|(2,636,818)|50,768|8,363|471,175|
|TOTAL|||||||
|UNRESTRICTED|||||||
|FUNDS|1,324,219|2,725,967|(2,750,059)||8,363|1,308,490|
|PENSION|||||||
|LIABILITY|||||||
|Pension<br>liability|(1,984,974)||121,311|||(1,863,663)|





## 

## 

||Balance at||||||
|---|---|---|---|---|---|---|
||1 August|||Transfers|Gains/|Balance at|
||2020|Income|Expenditure|in/out|(Losses)|31 July 2021|
|||||F|||
|RESTRICTED|||||||
|FUNDS|||||||
|Clubs and|||||||
|societies|278,698|201,253|(155,534)|||324,417|
|COVID-19 Grant||283,874|(283,874)||||
||278,698|485,127|(439,408)|||324,417|
|TOTAL OF|||||||
|FUNDS|(382,057)|3,211,094|(3,068,156)||8,363|(230,756)|





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

|||||Balance at 1|||Transfers|Gains/|Balance at|
|---|---|---|---|---|---|---|---|---|---|
|||||August 2021f|Income|Expenditure|in/out|(Losses)|31 July 2022<br>2|
||Designated|||||||||
|'|funds<br> General|funds||837,315<br>471,175|6,736<br>4,387,166|(109,948)<br>(4,191,269)|67,830<br>(42,487)|(14,014)|801,933<br>610,571|
||Pension|liability||(1,863,663)||246,485|||(1,617,178)|
||Restricted||funds|324,417|562,147|(566,070)|(25,343)||295,151|
|||||(230,756)|4,956,049|(4,620,802)||(14,014)|90,477|
||SUMMARY OF|||FUNDS - PRIOR|YEAR|||||
|||||Balance at||||||
|||||1 August|||Transfers|Gains/|Balance at|
|||||2020|Income|Expenditure|in/out|(Losses)|31 July 2021|
|||||P|||E|E||
||Designated|||||||||
||funds|||1,001,324||(113,241)|(50,768)||837,315|
||General|funds||322,895|2,725,967|(2,636,818)|50,768|8,363|471,175|
||Pension|liability||(1,984,974)||121,311|||(1,863,663)|
||Restricted||funds|278,698|485,127|(439,408)|||324,417|
|||||(382,057)|3,211,094|(3,068,156)||8,363|(230,756)|



## 

## 

|ANALYSIS OF NET ASSETS BETWEEN|FUNDS - CURRENT|YEAR|||
|---|---|---|---|---|
||Pension|Restricted|Unrestricted|Total|
||liability|funds|funds|funds|
||2022f|2022|2022|2022f|
|Tangible fixed assets|||443,940|443,940|
|Fixed asset investments|||267,538|267,538|
|Current assets||295,151|1,528,926|1,824,077|
|Creditors due within one year|||(827,900)|(827,900)|
|Creditors due in more than one year|(1,617,178)|||(1,617,178)|
|TOTAL|(1,617,178)|295,151|1,412,504|90,477|





## 

## 

||Unrestricted||||
|---|---|---|---|---|
||- pension|Restricted|Unrestricted|Total|
||liability|funds|funds|funds|
||2021<br>F|2021|2021f|2021<br>F|
|Tangible fixed assets|||535,725|535,725|
|Fixed asset investments|||281,150|281,150|
|Current assets|||1,785,401|1,785,401|
|Creditors due within one year||324,417|(1,293,786)|(969,369)|
|Creditors due in more than one year|(1,863,663)|||(1,863,663)|
|TOTAL|(1;863,663)|324,417|1,308,490|(230,756)|



## 

||Group|Group|
|---|---|---|
||2022f|2021|
|Net income for the year (as per Statement of Financial Activities)|321,233|151,301|
|ADJUSTMENTS FOR:.|||
|Depreciation<br>charges|139,749|111,741|
|(Gains)/ loss on investments|(14,014)|(11,604)|
|Interest received|(4,017)|(1,012)|
|Profit/ (loss) on the sale offixed assets|(1,409)|(1,331)|
|Decrease/ (increase)<br>in stocks|(21,508)|35,072|
|Decrease/ (increase)<br>in debtors|(13,635)|(57,210)|
|Increase/ (decrease)<br>in creditors|(364,294)|720,320|
|NET CASH PROVIDED BYOPERATING ACTIVITIES|42,105|947,277|





## 

## 

|||||||Group|Group|
|---|---|---|---|---|---|---|---|
|||||||2022|2021f|
|Cash|in|hand||||1,600,286|1,589,523|
|TOTAL||CASH|AND|CASH|EQUIVALENTS|1,600,286|1,589,523|



## 

|At|1 August||At 31 July|
|---|---|---|---|
||2021<br>f|Cash flowsf|2022f|
||1,589,523|3,533|1,593,056|





## 




## 

## 

## 

## 

|||2022|2021|
|---|---|---|---|
|National<br>Union of|Students|7,225|2,500|
|NUS Services membership||380|380|
|Advice UK||263|258|
|British Universities|and Colleges Sports|10,760|10,491|
|NASMA membership||420|360|
|WonkHE||3,770|3,675|
|||22,818|17,664|