## ## ## |||Page| |---|---|---| |Administrative
information||| |Report ofthe trustees||| |Independent
auditors'|report|| |Statement ofFinancial Activities||14| |Balance sheet||15| |Statement ofcash flows||16| |Principal accounting|policies|17| |Notes to the financial|statements|20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Yearended|Yearended| |---|---|---|---|---|---|---| ||||||31 July|31July| ||||||2022|2021| ||||Unrestricted|Restricted|Total|Total| ||||Funds|Funds|Funds|Funds| |||Note|5|5|5|5| |INCOME|AND ENDOWMENTS FROM:|||||| |Donations|and lsgades|1|1,075,624||1,075,624|1,073,647| |Charitable|activities|2|20,849||20,849|11,316| |Total|||1,096,473||1,096,473|1,084,963| |EXPENDITURE ON:||||||| |Charitable|activities|3|640,869||640,869|895,169| |Total|||640,869||640,869|895,169| |Net Income|||455,604||455,604|189,794| |Transfers|between funds|13||||| |Pension charges||12|289,078||289,078|17,754| |Net movement
in funds|||744,682||744,682|207,548| |RECONCILIATION
OF FUNDS||||||| |Total funds brought forward||13|(841,420)|13,522|(827,898)|(1,035,446)| |Total funds carried forward||13|(96,738)|13,522|(83,216)|(827,898)| ## ## ||||31July||31July|| |---|---|---|---|---|---|---| ||||2022||2021|| |||Note|8|||| |FIXEDASSETS||||||| |Tangible assets||9|14,497||19,418|| |Total fixed assets||||14,497||19,418| |CURRENT ASSETS||||||| |Debtom||10|54||73,222|| |Cash at hand
and in bank|||908,925||458,717|| |Total cunent assets|||908,979||531,939|| |CURRENT LIABILlllES||||||| |Creditors: amounts|falling due within one year||98,023||20,117|| |Net currant assets/(liabilities)||||810,956||511,822| |Total assets less current liabilities||||825,453||531,240| |Creditom: amounts
falling due aner more than one year||12||(908,669)||(1,359,138)| |Net assets/(liabilities)||||(83,216||827,898| |THE FUNDS OF THE|CHARITY|||||| |Restricted funds||||13,522||13,522| |Unrestdicted
funds||||||| |Designated
pension|fund|13|(992,393)||(1,359,138)|| |Designated
capital fund||13|14,497||19,418|| |General funds||13|881,158||498,300|| |Total unrestricted
funds||||(96,738)||(841,420)| |Total charity funds||13||(83,216)||(827,898)| ## ## ||||Yearended||Yearended|| |---|---|---|---|---|---|---| ||||31July||31 July|| ||||2022||2021|| |||Note|6|||| |Net cash flow from operating
activities (see below)||||451,408||95,795| |Cash flow from Investing
activities||||||| |Payments
to squire|tangible
fixed assets||(1,200)||(23,241)|| |Net cash flow from investing
activities||||(1,200)||(23,241)| |Net Increase/(decrease)|ln cash and cash equivalents|||450,208||72,554| |Cash and cash equivalents
at 31July 2021||15||458,717||386,163| |Cash and cash equivalents
at 31July 2022||15||908,925||458,717| |Cash and cash equivalents
consist of:||||||| |Cash at bank and in|hand|||908,925||458,717| |Cash snd cash equivalents
at 31July 2021||15||908,925||458,717| |Reconciliation
ofnat Income to net cash flow from operating||activities||||| ||||Year ended||Yearended|| ||||31July||31July|| ||||2022||2021|| |Net income/(expenditure)|for the period|||4SS,604||189,794| |Adjusted
for:||||||| |Depreciation
and impairment
oftangible fixed assets|||4,749||3,823|| |Decrease/(increase)|in stocks|||||| |Decmese/(increase)|in debtors||73,168||(27,751)|| |Increase/(decrease)|in trade creditors &accruals||(5,818)||(2,307)|| |Loss on disposal of|fixed assets||1,372|||| |Scheduled
pension|deficit payments||||(67,764)|| |||||(4,196)||(93,999)| |||||451,408||95,795| ## ## ## ## ## ## ## ## ## ## ## |1.Donations snd legacies||||||| |---|---|---|---|---|---|---| ||||Year ended|||Year ended| ||||31July|||31July| ||||2022|||2021| ||Unmstricted|Restricted|Total|Unrestricted|Restricted|Total| ||Funds|Fuilds|Funds|Funds|Funds|Funds| ||f|8|f.|E|8|8| |Block grant|868,595||868,595|779,015||779,015| |Donated services and facilities|204,309||204,309|270,685||270,685| |Other grants|2,720||2,720|23,947||23,947| ||1,075,624||1,075,624|1,073,647||1,073,647| |2.Income from charitable
activi|ties|||||| |---|---|---|---|---|---|---| ||||Year ended|||Yearended| ||||31July|||31July| ||||2022|||2021| ||Unrestricted|Restricted|Total|Unmstrlcted|Restricted|Total| ||Funds|Funds|Funds|Funds|Funds|Funds| ||8|8||8|8|2| |Balls and events incame|7,069||7,069|129||129| |Societies income|2,488||2,488||7,601|7,601| |NUS and other income|11,292||11,292|3,586||3,586| ||20,849||20,849|3,715|7,601|11,316| ## ## ## ||||||||Yearended| |---|---|---|---|---|---|---|---| ||||||||$1July| ||||||Other|Support|2022| |||||Staff|direct|CostS|Total| |||||CostS|costs|(note 4)|Funds| |||||8|F.|8|8| |Chargebfe|activities||||||| |Student Advice|||||25,502|23,700|49,202| |Shops and|Bars||||||| |Campaigns|and Comms||||353|328|681| |Events and|Entertainments||||49,159|45,690|94,849| |Clubs, Afliliations||||227,160|5,186|215,950|448,296| |Societies (restricted)|||||||| |||||227,160|80,200|285,668|593,028| |Governance|||||||| |Legal and professional|||fees||7,200||7,200| |Other governance||costs|||17595|23,046|40,641| ||||||24,795|23,046|47,841| |||||227,160|104,995|308,714|640,869| |Unrestricted||||227,160|104,995|308,714|640,869| |Restricted|||||||| |||||227,160|104,995|308,714|640,869| ||||||||Yearended| ||||||||$1July| ||||||Other|Support|2021| |||||Staff|direct|Cos'ts|Total| |||||COStS|COSts|(note 4)|Funds| |||||6|6|2|| |Chan'fable|activities||||||| |Student Advice||||4,402|21,907|25,133|51,442| |Shops and|Bars||||||| |Campaigns|snd Comms||||||| |Events and|Entertainments||||11,067|10,572|21,639| |Clubs, Aniliations||||382,499||365,382|747,881| |Societies (restricted)|||||||| |||||386,901|32,974|401,087|820,962| |Governance|||||||| |Legal and professional|||fees||13,920||13,920| |Other governance||costs|||24,033||60,287| ||||||37,953|36,254|74,207| |||||386,901|70,927|437,341|895,169| |Unrestricted||||386,901|70,927|437,341|895,169| |Restricted|||||||| |||||386,901|70,927|437,341|895,169| ## ## ## |4.Support|costs|||||||| |---|---|---|---|---|---|---|---|---| ||||||Yearended|||Yearended| ||||||31July|||31July| |||||Other|2022|||2021| |||Staff||direct|Total|Staff|direct|Total| |||costs||costs|Funds|Costs|COStS|Funds| |||E||E|E|E|E|E| |QhJIrffebfc|aacc~ies|||||||| |Student Advice|||721|22,979|23,700|566|24,567|25,133| |Retail||||||||| |Campaigns|and Cornrns||10|318|328|||| |Democratic|Representation|||||||| |Events and|Enterlainments|1,389||44,301|45,690|238|10,334|10,572| |Clubs, Afliliations||6,567||209,383|215,950|8,224|357,158|365,382| |Societies (restricted)||||||||| |||8,687||276,981|285,668|9,028|392,059|401,087| |Governance||||||||| |Governance|||701|22,345|23,045|816|35,438|36,254| |||9,388||299,326|308,714|9,844|427,497|437,341| ## ## ## ## ## ## ## |9.Fixed asse|ts|||||||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||Club and||||| |||||||societies|Computer|Fixtures|8|| |||||||equipment|equipment|fittings||TOTAL| |||||||2|8|6||8| |Cost||||||||||| |At 31 July 2021||||||2,438|37,803|4,765||45,006| |Additions|||||||1,200|||1,200| |Disposals||||||||||(2,246)| |At 31July 2022||||||2,438|36,757|4,765||43,960| |Depreciation||||||||||| |Accumulated|at|31July 2021||||2,438|18,386|4,765||25,589| |Charge for the year|||||||4,748|||4,748| |On disposals|||||||(874)|||(874)| |At 31July 2022||||||2,438|22,260|4,765||29,463| |Net book value at 31|||July 2022||||14,497|||14,497| |Net book value at 31|||July 2021||||19,417|||19,418| |10.Debtors||||||||||| |||||||||31July||S1July| |||||||||2022||2021| |||||||||Totai||Totai| |||||||||Funds||Funds| |||||||||8||8| |Trade debtors||||||||||| |Owed from University|||ofEast London|||||||| |Prepayments|and accrued income||||||||54|70,290| |Other debtors||||||||||2,932| ||||||||||54|73,222| |11.Creditom||||||||||| |||||||||31July||31July| |||||||||2022||2021| |||||||||Total||Totai| |||||||||Funds||Funds| |||||||||8||6| |Trade creditors||||||||733||1,624| |Accruals||||||||13,566||18,493| |Pension
liability||(current)||||||83,724||| |||||||||98,023||20,117| |12.Creditors|due after more than one year|||||||||| |||||||||31July||S1July| |||||||||2022||2021| |||||||||Total||Total| |Pension
liability||||||||Funds||Funds| |||||||||8||8| |Balance brought||forward||||||1,359,138||1,444,656| |Scheduled
payments|||made|||||(77,667)||(67,764)| |Addition
for extended|||period, change|in rate and unviinding|ofdiscount|||(289,078)||(17,754)| |Balance carried||forward||||||992,393||1,359,138| |Pension
liabilily||(cunent)||||||83,724||| |Pension
liability||(non-current)||||||908,669||1,359,138| |||||||||992,393||1,359,138| ## ## |13.Analysis
of|net movement|in funds||||||| |---|---|---|---|---|---|---|---|---| ||||Totalfunds|Total|Total||Transfers|Total funds| ||||brought|incoming|resources|Pension|between|carried| ||||forward
f|resources
8|expended
5|charges|funds
8|forward
8| |Restricted
Funds||||||||| |Societies funds|||13,522|||||13,522| ||||13,522|||||13,522| |Unrastrictad
funds||||||||| |Pension reserve|||(1,359,138)|||289,078|77,667|(992,393)| |Capital reserve|||19,418||||(4,921)|14,497| |Total designated|funds||(1,339,720)|||289,078|72,746|(977,896)| |General
fund|||498,300|1,096,473|(640,869)||(72,746)|881,158| |Total unrestricted|funds||(841,420)|1,096,473|(640,869)|289,078||(96,738)| |Total funds|||(827,898)|1,096,473|(640,869)|289,078||(83,216)| ## |14.Analys|is
ofnet asset|s between funds||||| |---|---|---|---|---|---|---| |||||||31July| |||||||2022| ||||Unrestricted|Designated|Restricted|Total| ||||Funds|Funds|Funds|Flllids| ||||5||8|8| |Fixed assets||||14,497||14,497| |Net current|assets||797,434||13,522|810,956| |Provisions|for liabilities|||||(908,669)| ||||797,434|(894,172)|13,522|(83,216)| |||||||31July| |||||||2021| ||||Unrestricted|Desl9nated|Restricted|Total| ||||Funds|Funds|Funds|Funds| ||||8|8|5|5| |Fixed asset||||19,418||19,418| |Net current|assets||498,300||13,522|511,822| |Provisions|for liabilities|||(1,359,138)||(1,359,138)| ||||498,300|(1,339,720)|13,522|(827,898)| |15.Analysis ofchanges||in net debt||31July 2021|Cashgows|31July 2022| |Cash 8Cash equivarentsr||||||| |Cash||||235||235| |Cash equivalents||||458,482|450,443|908925| |||||458,717|450,443|909,160| |15.Analysis ofchanges|in net debt| |---|---| |Cash 8Cash equivarentsr|| |Cash|| |Cash equivalents|| ## ## ## ## ## ## |17.Comparative
figures - Stat|ement ofFinancial Activities|||| |---|---|---|---|---| |||||Year ended| |||||31July| |||||2021| |||Unrestricted|Restricted|Total| |||Funds|Funds|Funds| |||6|6|E| |INCOME AND ENDOWMENTS|FROM:|||| |Donations
and legacies||1,073,647||1,073,647| |Other trading activities||||| |Charitable
activities||3,715|7,601|11,316| |Total||1,077,362|7,601|1,084,963| |EXPENDITURE ON:||||| |Charitable
activities||895,169||895,169| |Total||895,169||895,169| |Net Income||182,193|7,601|189,794| |Transfers
between funds||||| |Pension charges||17,754||I7,754| |Net movement
in funds||199,947|7,601|207,548| |RECONCILIATION
OF FUNDS||||| |Total funds brought forward||(1,041,367)|5,921|(1,035,446)| |Total funds carried forwanl||(841,420)|13,522|(827,898)|