2021-07-31-accounts

Reference and Administrative	Reference and Administrative	Details ofthe Charity,	its Trustees and Advisers	Page 1-2
Trustees' Report				3-8
Trustees' Responsibilities Statement
Independent Auditors'	Report	on the Financial Statements		10-13
Statement ofFinancial	Activities			14
Balance Sheet
				15
Statement ofCash Flows				16
Notes to the Financial	Statements			17-42

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
		Note			E
Income from."
Donations and legacies			1,731,230	605,961	2,337,191	2, '/09, 148
Charitable activities			390,333	97,894	488,227	1,347,796
Other trading activities			101,845		101,845	596,375
Investments			464		464	1,791
Other income			6,400		6,400	10,229
Total income			2,230,272	703,855	2,934,127	4,065,339
Expenditure on:
Raising funds			572,536		572,536	775,281
Charitable activities			2,278,575	145,934	2,424,509	3,646,566
Total expenditure			2,851,111	145,934	2,997,045	4,42'/, 847
Net (expenditure)/income			(620,839)	557,921	(62,918)	(356,508)
Transfers between	funds	19	538,461	(538,461)
Net movement in	funds		(82,378)	19,460	(62,918)	(356,508)
Reconciliation of	funds:
Total funds brought	forward		(1,635,983)	284,514	(1,351,469)	(994,961)
Net movement in funds			(82,378)	19,460	(62,918)	(356,508)
Total funds carried forward			(1,718,361)	303,974	(1,414,387)	(1,351,469)

						2021		2020
				Note
Fixed assets
Tangible assets				13		82,213		86,651
Investments				14		100		100
						82,313		86,751
Current assets
Stocks				15	89,183		115,447
Debtors				16	179,965		176,400
Cash at bank and	in hand				445,033		571,305
					714,181		863,152
Creditors: amounts	falling due within		one
year				17	(604,261)		(619,831)
Net current assets						109,920		243,321
Total assets less	current liabilities					192,233		330,072
Creditors: amounts	falling due after		more
than one year				18		(1,606,620)		(1,681,541)
Total net liabilities						(1,414,387)		(1,351,469)
Charity funds
Restricted funds				19		303,974		284,514
Unrestricted funds
Unrestricted funds	excluding	pension	liability	19	(41,706)		103,138
Pension reserve				19	(1,676,655)		(1,739, 121)
Total unrestricted	funds			19		(1,718,361)		(1,635,983)
Total funds						(1,414,387)		(1,351,469)

				2021	2020
Cash flows from operating	activities
Net cash used in operating	activities			(86,552)	293,671
Cash flows from investing	activities
Dividends, interests and rents from investments Purchase oftangible fixed assets				464 (40,184)	1,791 (35,114)
Net cash used in investing	activities			(39,720)	(33,323)
Change in cash and cash	equivalents	in	the year	(126„272)	260,348
Cash and cash equivalents	at the beginning		ofthe year	571,305	310,957
Cash and cash equivalents	at the end	of	the year	445,033	571,305

				Unrestricted	Restricted	Total
				funds	funds	funds
				2021	2021	2021
Donations				661,274	67,500	728,774
Grants				1,069,956		1,069,956
Coronavirus	Job	Retention	Scheme		538,461	538„461
				1,731,230	605,961	2,337,191
				Unrestricted	Restricted	Total
				funds	funds	funds
				2020	2020	2020
Donations				648,308	66,300	714,608
Grants				1,051,604	52,133	1,103,737
Coronavirus	Job	Retention	Scheme		290,803	290,803
				1,699,912	409,236	2,109,148

				Unrestricted	Restricted	Total
				funds	funds	funds
				2021	2021	2021
Bar Income				133,052		133,052
Entertainment	Income			4,886		4,886
Shop & Catering		Income		140,484		140,484
Services 8 Welfare			income	111,911		111,911
Income from Clubs			8 Societies		97,894	97,894
				390,333	97,894	488,227
				Unrestricted	Restricted	Total
				funds	funds	funds
				2020	2020	2020
Bar 8 Catering		Income		414,214		414,214
Entertainment	Income			66,340		66,340
Shop Income				330,632		330,632
Services 6Welfare			Income	202,934		202,934
Income from Clubs			8 Societies		333,676	333,676
				1,014,120	333,676	1,347,796

				Unrestricted	Total
				funds	funds
				2021	2021
				E
Marketing	Income			5,885	5,885
Bar Income				76,010	76,010
Entertainment		Income		18,261	18,261
Commercial		hire oftransportation		340	340
Other Fundraising			Income	1,349	1,349
				101,845	101,845
				Unrestricted	Total
				funds	funds
				2020	2020
Marketing	Income			75,546	75,546
Bar Income				236,610	236,610
Entertainment		Income		247,894	247,894
Commercial		hire oftransportation		36,252	36,252
Other Fundraising			Income	73	73
				596,375	596,375

		Unrestricted	Total
		funds	funds
		2021	2021
		F
Investment	Income	464	464
		Unrestricted	Total
		funds	funds
		2020	2020
Investment	Income	1,791	1,791

	Unrestricted	Restricted	Total
	funds	funds	funds
	2021	2021	2021
Bars	387,014		387,014
Entertainment	233,264		233,264
Shop	459,417		459,417
Services 8 Welfare	1,174,180	62,023	1,236,203
Clubs 8 Societies		83,911	83,911
SUSS Pension Costs	24,700		24,700
	2,278,575	145,934	2,424,509

	Unrestricted	Restricted	Total
	funds	funds	funds
	2020	2020	2020
Bars 8 Catering	605,023		605,023
Entertainment	257,505		257,505
Shop	575,851		575,85'i
Services 8 Welfare	1,325,234	116,766	1,442,000
Clubs &Societies		316,161	316,161
SUSS Pension Costs	450,026		450,026
	3,213,639	432,927	3,646,566

				Total
	Staff costs	Depreciation	Other costs	funds
	2021	2021	2021	2021
Bars	130,934	9,817	246,263	387,014
Entertainment	100,745	1,873	130,646	233,264
Shop	245,940	6,074	207,403	459,417
Services 8 Welfare	639,420	25,921	570,860	1,236,202
Clubs 8 Societies			83,913	83,911
SUSS Pension Cost			24,700	24,700
	1,117,039	43,685	1,263,785	2,424,509

				Total
	Staffcosts	Depreciation	Other costs	funds
	2020	2020	2020	2020
Bars 8 Catering	235,359	20,594	349,070	605,023
Entertainment	100,094	1,263	156,148	257,505
Shop	262,896	10,551	302,404	575,851
Services 8 Welfare	695,160	25,754	721,086	1,442,001
Clubs 8 Societies			316,161	316,161
SUSS Pension Cost			450,026	450,026
	1,293,509	58,162	2,294,895	3,646,566

	Activities
	undertaken	Support	Total
	directly	costs	funds
	2021	2021	2021
		F
Bars	191,405	195,609	387,014
Entertainment	62,107	171,157	233,264
Shop 8 Catering	288,260	171,157	459,417
Services 8 Welfare	506,954	729,249	1,236,203
Clubs and Societies	83,911		83,911
SUSS Pension Costs	24,700		24,700
	1,157,337	1,267,172	2,424,509

	Activities
	undertaken	Support	Total
	directly	costs	funds
	2020	2020	2020
Bars 8 Catering	319,477	285,546	605,023
Entertainment	99,329	158,176	257,505
Shop	414,108	161,742	575,850
Services 8 Welfare	752,866	689,135	1,442,001
Clubs and Societies	316,16'i		316,161
SUSS Pension Costs	450,026		450,026
	2,351,967	1,294,599	3,646,566

	Bars 2021	Entertain- ment 2021	Shop 2021	Services 8 welfare 2021	Glubs and Societies 2021
Staff costs Depreciation Purchases	114,289 9,817 67,299	37,911 1,873 22,323	183,106 6,074 99,080	371,703 25,921 109,330	83,911
	191,405	62,107	288,260	506,954	83,911
				SUSS	Total
				Pension	funds
				2021	2021
Staff costs
Depreciation Purchases					707,009 43,685
				24,700	406,643
				24,700	1,157,337
	Bars tt Catering 2020	Entertain- ment 2020	Shop 2020	Services and welfare 2020	Clubs and Societies 2020
Staff costs Depreciation Purchases	114,311 20,594 184,572	37,918 1,263 60,148	200,720 10,551 202,837	430,246 25,754 296,866	316,161
	319,477	99,329	414,108	752,866	316,161
				SUSS	Total
				Pension	funds
				2020	2020
Wages and salaries Depreciation Purchases					783,195 58,162
				450,026	1,510,610
				450,026	2,351,967

		Entertain-		Services 8	Total
	Bars	ment	Shop	Welfare	funds
	2021	2021	2021	2021	2021
	E
Staff costs	16,645	62,834	62,834	267,717	410,030
Administration	22,074	13,360	13,360	56,925	105,719
Finance	5,106	3,091	3,091	13,171	24,459
Facilities 8 Premises	13,715	8,302	8,302	35,370	65,689
Rent	138,069	83,570	83,570	356,065	661,274
	195,609	171,157	171,157	729,248	1,267,171
	Bars 8	Entertain-		Services tt	Total
	Catering	ment	Shop	Welfare	funds
	2020	2020	2020	2020	2020
Staff costs	121,048	62,176	62,176	264,913	510,313
Administration	16,712	10,115	10,115	43,099	80,041
Finance	8,325	5,039	5,039	21,467	39,870
IT	48	29	29	124	230
Facilities & Premises	4,051	2,452	2,452	10,448	19,403
Rent	135,362	78,365	81,931	349,084	644,742
	285,546	158,'/76	161,742	689,135	1,294,599

				2021	2020
Depreciation		oftangible	fixed assets;
-owned	by	the charity		44,622	66,546
Auditor's	remuneration		- audit	6,000	6,000
Operating	lease rentals			7,188	11,728
				57,810	84,274

	2021	2020
Wages and salaries	1,458,965	1,532,682
Social security costs	92,625	97,172
Other pension costs	72,427	70,492
	1,624,017	1,700,346

	2021	2020
	No.	No.
Trustees	5	5
Permanent	61	61
Student	84	133
	150	199

Trustees' remuneration
		2020
Remuneration	90,231	90,848

	Building
	improve-	Motor	Fixtures and
	ments	vehicles	fittings	Total
			E	F
Cost or valuation
At 1 August 2020	446,581	127,518	775,243	1,349,342
Additions			40,184	40,184
At 31 July 2021	446,581	127,518	815,427	1,389,526
Depreciation
At 1 August 2020	444,060	127,518	691,113	1,262,691
Charge for the year	173		44,449	44,622
At 31 July 2021	444,233	127,518	735,562	1,307,313
Net book value
At 31 July 2021	2,348		79,865	82,213
At 31Ju/y 2020	2, 52'/		84,130	86,651

	Investments
	in
	subsidiary
	companies
Cost or valuation
At 1 August 2020	100
At 31 July 2021
	100

	Name				Company	Principal	activity	Holding
					number
	Keele SU Trading		Limited		11414142	Dormant		100%
	The financial	results of the subsidiary		for the year were:
	Name							Aggregate ofshare
								capital and
								reserves
	Keele SU Trading		Limited					100
15.	Stocks
							2021	2020
	Finished goods						89,183	715,447

							2021	2020
							F
Due within one year
Trade debtors							15,322	10,182
Other debtors							10,397	74,796
Prepayments	and accrued				income		154,246	91,422
							179,965	176,400
Creditors: Amounts				falling due		within one year
								2020
Trade creditors							122377	51,205
Other taxation	and	social			security		26,437	111,300
Other creditors							115,486	118,210
Accruals and deferred				income			339„961	339,116
							604,261	619,831
							2021	2020
							f.
Deferred income at			1	August			279,007	90,622
Resources deferred			during		the year		289,772	279,007
Amounts released		from previous				periods	(279,007)	(90,622)
							289,772	279,007

								2021 E	2020f
Other creditors								1,606,620	7,681,541
The aggregate reporting date		amount is:		of liabilities	payable	or repayable	wholly or in part more than five		years after the
								2021	2020
Payable	or repayable		by	instalments				1,268,681	1,364,184
								1,268,681	1,364,184

Statement offunds	- current	year
		Balance at 1			Transfers	Balance at
		August 2020	Income	Expenditure	in/out	31July 2021
		F	E			R
Unrestricted funds
Designated funds
Student opportunities		54,337		(207,622)	153,285
General funds
General Funds		48,801	2,230,272	(2,618„789)	298,010	(41,706)
Pension reserve		(1,739,121)		(24,700)	87,166	(1,676,655)
		(1,690,320)	2,230,272	(2,643,489)	385,176	(1,718,361)
Total Unrestricted	funds	(1,635,983)	2,230,272	(2,851,111)	538,461	(1,718,361)
Restricted funds
Lindsay Loan Funds		1,459				1,459
International Loan Fund		7,670				7,670
Safety Bus		30„721	67,500	(62,023)		36,198
Safeguarding Projects		203				203
Clubs 8 Societies		244,461	97,894	(83,911)		258,444
Coronavirus Job Retention
Scheme			538,461		(538,461)
		284,514	703,855	(145,934)	(538,461)	303,974
Total offunds		(1,351,469)	2,934,127	(2,997,045)		(1,414,387)

							Cb
							(0
	0)8 0)	Np		O	O CO
	(Q
					CU
			O	I		(0
						0)
			P)
			(O (O		P)O CO O p)		C4 0) Al
((l e V	V p) N ~o		(A p& (0	O		CQ (G (p 0)	U)
							Cb Pl
G3

									(0	CO Pl CO	CI( CO CO (O			m v0 h	(DO% C O	(O CD	OO	(O CD	CO CD a (O	(O CD (O	CD (O (0
									CO			CD		'0 e	(D O CI( anal co			CD	(O
									CV CO	CO IA CI(		CI)Q		NQ				Cp			CD
0c D					'0 Q 0 NQ	N 'Uc II	PJ CD	QQ r	CO (0	(D CO (D 4	Q CD CO Q CD			e NQ	(6 O CI( co	(0 CD	OO	(0	(0	(0 CO CO	CD CD
Nc					D
Q'0
Co
				m
N				Q
													m
Q				c									Q
cD				Q									0
Q				0									CL
				I									I
Q			N '0 c	N '0 c							I		N'0c							I—
				c							mS									mQ
	N Q E Q m N m 0 m u. p9	Pl Q W cD ~ Q LU I mQ	Q JD N Q N N m Q c 0 N N m	Q P. Zl Vl Q Vl Vl m Q c 0 Vl Vl mc			N e N (D m'0 QX CD c m I-	Nc Q E N C QN m 0 X LL	N m c O	m Q 8c0 c Q N L 0 O	(Dc 0 m Q 0 Q N I 0 O		Q JD N Q N N m Q 0 N N m			N e (0 N m0 QX Q CDc m	Nc $ E + C $ m .X IZ	e N m c O	m 8c0 c Q N I 0 Q O	Qc 0c m Q 0 Q U) I 0 Q O
	N	M
	Q
	0 R	0 4

21.	Reconciliation of	net movement	net movement	net movement	in funds	to	net cash flow from operating	net cash flow from operating	activities
									2021	2020
									F
	Net expenditure for	the year (as per Statement					of Financial Activities)		(62,918)	(356,508)
	Adjustments for:
	Depreciation charges								44,622	66,546
	Decrease/(increase)		in stocks						26,264	(21,844)
	Decrease/(increase)		in debtors						(3,565)	29,578
	Increase/(decrease)		in creditors						(90,491)	577,690
	Investment income	recognised		in	statement	of	financial	activities	(464)	(1,791)
	Net cash provided	by/(used		in)	operating	activities			(86,552)	293,671
22.	Analysis ofcash and cash equivalents
									2021	2020
									K
	Cash in hand								445,033	571,305
	Total cash and cash		equivalents						445,033	571,305

			2021f	2020
Not later than		1 year	26,171	7,188
Later than	1 year and not later than 5 years		63,885	12,467
			90,056	19,655