##
|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|
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||||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|
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|||||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|
##
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##
|||||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)|
##
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##
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##
|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|
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