2021-07-31-accounts - Association of Higher Education Professionals

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	Page	Page
Reference and administrative details ofthe charity, its Trustees and advisers
Trustees’ report	2-9
Independent auditor’s report on the financial statements	10- 12
Consolidated statement of financial activities		13
Consolidated balance sheet		14
Charity balance sheet		15
Consolidated statement of cash flows		16
Notes to the financial statements	17	- 38

ASSOCIATION OF UNIVERSITY ADMINISTRATORS TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY 2021 Page 2

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
	Note	£	£	£
Income from:
Charitable activities	3	762,934	762,934	604,322
Investments	4	203	203	1,496
Total income		763,137	763,137	605,818
Expenditure on:
Raising funds		6,750	6,750	-
Charitable activities	5	602,592	602,592	861,991
Total expenditure		609,342	609,342	861,991
Net income/(expenditure) before taxation		153,795	153,795	(256,173)
Taxation	10	(29,727)	(29,727)	3,620
Net movement in funds		124,068	124,068	(252,553)
Reconciliation of funds:
Total funds brought forward		354,205	354,205	606,758
Net movement in funds		124,068	124,068	(252,553)
Total funds carried forward		478,273	478,273	354,205

						2021			2020
			Note			£			£
Fixed assets
Intangible assets			11			26,617			14,588
Tangible assets			12			846			-
						27,463			14,588
Current assets
Debtors			14		148,886		294,663
Cash at bank and	in hand				579,474		588,659
					728,360		883,322
Creditors: amounts falling due wfthin one
year			15		(277,550)		(543,705)
Net current assets						450,810			339,617
Total assets less	current liabilities					478,273			354,205
Net assets excluding pension asset						478,273			354,205
Total net assets						478,273			354,205
Charity funds
Restricted funds			18			-			-
Unrestricted funds			18			478,273			354,205
Total funds						478,273			354205
The financial	statements	were	approved	and	authorised	for issue	by	the	Trustees on
29 March 2022 and signed on their behalf by:

							2021			2020
			Note				£			£
Fixed assets
Intangible assets			11			22,365				6,363
Tangible assets			12				846			-
Investments			13				100			100
						23,311				6,463
Current assets
Debtors			14		123,932			122,152
Cash at bank and	in hand				569,736			583,566
					693,668			705,718
Creditors: amounts falling due within one
year			15		(196,658)			(282,343)
Net current assets						497,010				423,375
Total assets less	current liabilities					520,321				429,838
Net assets excluding pension asset						520,321				429,838
Total net assets						520,321				429,838
Charity funds
Restricted funds			18				-			-
Unrestricted funds			18			520,321				429,838
Total funds						520,321				429,838
The financial	statements	were	approved	and	authorised	for	issue	by	the	Trustees on
29 March 2022 and signed on their behalf by:

		2021	2020
	Note	£	£
Cash flows from operating activities
Net cash used in operating activities	20	17,600	(116.873)
Cash flows from investing activities
Dividends, interests and rents from investments		203	1,496
Purchase of ntangible assets		(26,142)	(7.008)
Purchase of tangible fixed assets		(846)	-
Net cash used in investing activities		(26,785)	(5,512)
Cash flows from financing activities
Net cash provided by financing activities		-	-
Change in cash and cash equivalents in the year		(9,185)	(122,385)
Cash and cash equivalents at the beginning of the year		588,659	711,044
Cash and cash equivalents at the end of the year	21	579,474	588,659
The notes on pages 17 to 38 form part of these financial statements

	Unrestricted	Total
	funds	funds
	2021	2021
	£	£
Membership	222782	222,782
Conference, exhibitions and events	162,318	162,318
Postgraduate certificate programme	125,984	125,984
Services to other charities	55,764	55,764
Other	5,223	5,223
Professional development programme	190,863	190,863
	762934	762,934
	Unrestricted	Total
	funds	funds
	2020	2020
	£	£
Membership	254884	254884
Conference, exhibitions and events	77,440	77,440
Postgraduate certificate programme	136,180	136,180
Services to other charities	60,500	80500
Other	17,371	17,371
Professional development programme	57,947	57,947
	604,322	604,322

		Unrestricted	Total
		funds	funds
		2021	2021
		£	£
Investment	neome	203	203
		Unrestricted	Total
		funds	funds
		2020	2020
		£	£
Investment	income	1496	1496

	Unrestricted	Total
	funds	funds
	2021	2021
	£	£
Membership	250504	250,504
Conference, exhibitions and events	115.037	115,037
Postgraduate certificate programme	98,487	98,487
Services to other charities	30680	30,680
Professional development programme	105,010	105,010
Other	2,874	2,874
	602,592	602,592

	Unrestricted	Total
	funds	funds
	2020	2020
	£	£
Membership	391348	391,348
Conference, exhibitions and events	130,069	130069
Postgraduate certificate programme	191,880	191.880
Services to other charities	66,236	66,236
Professional development programme	63,441	63,441
Other	19,017	19,017
	861,991	861,991

	Activities
	undertaken	Support	Total
	directly	costs	funds
	2021	2021	2021
	£	£	£
Membership	127,933	122,571	250,504
Conference, exhibitions and events	25,732	89,305	115,037
Postgraduate certificate programme	29,173	69314	98,487
Services to other charities	-	30,680	30,680
Professional development programme	-	105.010	105,010
Other	-	2,874	2,874
	182,838	419,754	602,592

	Activities
	undertaken	Support	Total
	directly	costs	funds
	2020	2020	2020
	£	£	£
Membership	112,299	279,049	391,348
Conference, exhibitions and events	45,287	84,782	130,069
Postgraduate certificate programme	42,789	149,091	191.880
Services to other charities	-	66,236	66,236
Professional development programme	-	63,441	63,441
Other	-	19,017	19,017
	200,375	661,616	861,991

	2021	2020
	£	£
Fees payable to the charity’s auditor for the audit of the charity’s annual
accounts	4,120	6800
Fees payable to the charity’s auditor in respect of:
Accountancy services	2,050	2,865

			Group	Group	Charity	Charity
			2021	2020	2021	2020
			£	£	£	£
Wages	and	salaries	323,894	444.701	194,059	227,523
			323,894	444,701	194,059	227,523

2021	2020
£	£

Total current tax
		-
Deferred tax
Origination and reversal of timing differences	29,727	(549)
Changes to tax rates	-	(3,071)
Total deferred tax	29,727	(2,620)
Taxation on net income/(expenditure)	29,727	(3,620)

	2021	2020
	£	£
Net incomel(expenditure) before tax	153,795	(256.173)
Net income/(expenditure) multiplied by the standard rate of corporation tax
in the UK of 19 (2020 19%).	29,221	(48.673)
Effects of:
Charitable income	(7,192)	10,254
Unrelieved tax losses carried forward	7,698	37,870
Changes to tax rates	-	(3,071)
Total tax charge for the year	29,727	(3,620)

	Software
	£
Cost
Ati August2020	149,711
Additions	26142
At 31 July 2021	175,853
Amortisation
All August2020	135123
Charge for the year	14,113
At 31 July 2021	149,236
Net book value
At 31 July 2021	26,617
At31 July2020	14,588

11.	Intangible assets (continued)
	Charity
		Develop-
		ment
		£
	Cost
	All August 2020	19,008
	Additions	22,080
	At31 July2021	41,088
	Amortisation
	At 1 August 2020	12,645
	Charge for the year	6,078
	At 31 July 2021	18,723
	Net book value
	At 31 July 2021	22,365
	At31 July2020	6363

	Office
	equipment
	£
Cost or valuation
At 1 August 2020	6,102
Additions	870
At 31 July 2021	6,972
Depreciation
At 1 August2020	6,102
Charge for the year	24
At 31 July2021	6,126
Net book value
At 31 July 2021	846
.4(31 July2020	-
Charity
	Office
	equipment
	£
Cost or valuation
At 1 August2020	5,158
Additions	870
At 31 July 2021	6,028
Depreciation
At 1 August 2020	5,158
Charge for the year	24
At31 July2021	5,182

	Investments
	in
	subsidiary
	companies
Charity	£
Castor valuation
At 1 August 2020	100
At31 July2021	100
Net book value
At31 July2021	100
At31 July2020	100

The followi	ng was a subsi	diary undertaking of t	he charity:
Name		Company	Registered office	Principal activity
		number
AUA Enterprises Limited		08814323	AUA The University of	Activities of
			Manchester, Sackville Street	professional
			Building, Sackville Street,	membership
			Manchester, M60 1 QD	organisations
Class of	Holding	Included in
shares		consolidation
Ordinary	100%	Yes

The financial results of the subsidiar	y for the year were:
Name	Income	Expenditure	Profit)(Loss)	Net assets
	£	£	for the year	£
			£
AUA Enterprises Limited	620,613	(504,670)	115,943	(176,327)

	Group	Group	Charity	Charity
	2021	2020	2021	2020
	£	£	£	£
Due within one year
Trade debtors	123,936	123,785	120,894	119,797
Prepayments and accrued income	24,950	141.151	3,038	2,355
Deferred taxation	-	29, 727	-	-
	148,886	294,663	123,932	122,152

	Group	Group	Charity	Charity
	2021	2020	2021	2020
	£	£	£	£
Trade creditors	44,091	83,286	6,836	24,756
Other taxation and social security	9,570	7,303	-	-
Other creditors	2,914	4,582	1,295	1,755
Accruals and deferred income	220,975	448,534	188,527	255,832
	277,550	543.705	196,658	282,343

		Group	Group	Charity	Charity
		2021	2020	2021	2020
		£	£	£	£
Financial	assets
Financial	assets measured at amortised cost	709,998	712.444	697,091	703363
		Group	Group	Charity	Charity
		2021	2020	2021	2020
		£	£	£	£
Financial	liabilities
Financial	liabilities measured at amortised
cost		74,450	200.208	39,099	81,478

The deferre	d tax as	set is made up as follows:
			Group	Group
			2021	2020
			£	£
Accelerated	capital	allowances	-	29,727
				29,727

	Balance at 1				Balance at
	August 2020	Income	Expenditure	Taxation	31 July 2021
	£	£	£	£	£
Unrestricted funds
Designated funds
Strategic Review of
Governance	2,400	-	-	..	2,400
Staff Marketing Post	17,859	-	-	-	17,859
GPD Tool! Mentoring scheme	17,424	-	-	-	17,424
	37,683	-	-	-	37,683
General funds
General Funds	316,522	763,137	(609,342)	(29,727)	440,590
Total Unrestricted funds	354,205	763,137	(609,342)	(29,727)	478,273

	Balance	at
	I August					Transfers	Balance at
	2019		Income	Expenditure	Taxation	in/out	31 July 2020
		£	£	£	£	£	£
Unrestricted
funds
Designated
funds
Strategic Review
of Governance	-		-	-	-	2400	2,400
Staff Marketing
Post	-		-	-	-	17,859	17,859
CPD Tool!
Mentoring
scheme	-		-	-	-	17,424	17,424
	-		-	-	-	37,683	37683
General funds
General Funds	606,758		605.818	(861,991)	3,620	(37,683)	316,522
Total
Unrestricted
funds	606,758		605,818	(861,991)	3,620	-	354,205

	Unrestricted	Total
	funds	funds
	2021	2021
	£	£
Tangible fixed assets	846	846
Intangible fixed assets	26617	26,617
Current assets	728,360	728,360
Creditors due within one year	(277,550)	(277,550)
Total	478,273	478,273

	Unrestricted	Total
	funds	funds
	2020	2020
	£	£
Intangible fixed assets	14588	14,568
Current assets	883,322	883,322
Creditors due within one year	(543,705,)	(543.705)
Tl	354,205	354,205

								Group	Group
								2021	2020
								£	£
	Net income/expenditure	for	the	year (as	per Statement	of	Financial
	Activities)							124,068	(252.553)
	Adjustments for:
	Amortisation charges							14,113	40358
	Dividends, interests and rents from			investments				(203)	(1,496)
	Decrease/(increase) in debtors							145,777	(82,021)
	Increase/(decrease) in creditors							(266,155)	178,839
	Net cash provided byi(used in) operating activities							17,600	(116873)
21.	Analysis of cash and cash equivalents
								Group	Group
								2021	2020
								£	£
	Cash in hand							579,474	588,659
	Total cash and cash equivalents							579,474	588,659
22.	Analysis of changes in net debt
						At 1 August			At 31 July
							2020	Cash flows	2021
								£	£
							£
	Cash at bank and in hand						588,659	(9,185)	579,474
							588,659	(9,185)	579,474

					Group	Group	Charity	Charity
					2021	2020	2021	2020
					£	£	£	£
Not	later	than	1	year	-	40.950	-	40950