##
##
##
|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Company,|its Trustees and advisers||
|Trustees'
report||||2- 11|
|Independent
auditors'|report|on the financial statements||12-15|
|Statement
offinancial|activities||||
|Balance sheet||||17-18|
|Statement ofcash flows|||||
|Notes to the financial|statements||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2023|2023|2022|
|Income from:|||||||
|Donations
and legacies:|||||||
|Voluntary
income||||372,000|372,000|329,988|
|Other trading
activities||||812,197|812,197|822,689|
|Charitable
activities||||138,836|138,836|119,124|
|Investments||||446|446|12|
|Other income||||||2,977|
|Total income||||1,323,479|1,323,479|'l,274,790|
|Expenditure
on:|||||||
|Raising funds:|||||||
|Fundraising
trading||||865,760|865,760|855,135|
|Charitable
activities:|||||||
|Clubs/societies
&community|||volunteering|330,027|330,027|221,955|
|Student representation||&welfare||124,054|124,054|114,425|
|External
representation||||4,725|4,725|7,500|
|Total expenditure||||1,324,566|1,324,566|1,199,015|
|Net movement
in funds||||(1„087)|(1,087)|75,775|
|Reconciliation
offunds:|||||||
|Total funds brought|forward|||489|489|(75,286)|
|Net movement
in funds||||(1„087)|(1,087)|75,775|
|Total funds carried|forward|||(598)|(598)||
||||||2023||2022|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets|||||4,062||2,448|
||||||4,062||2,448|
|Current assets||||||||
|Stocks|||14|19,602||19,817||
|Debtors|||15|52,626||41,178||
|Cash at bank and in|hand|||255,859||25'I,110||
|||||328,087||312,105||
|Creditors: amounts|falling due within one|||||||
|year||||{76,728)||(72,181)||
|Net current assets|||||251,359||239,944|
|Total assets less current liabilities|||||255,421||242,392|
|Creditors: amounts|falling due after|more||||||
|than one year|||||{256,019)||(241,903)|
|Net liabilities
Iassets excluding||pension||||||
|asset|||||{598)|||
|Total net assets|||||{598)||489|
|Charity funds||||||||
|Restricted funds||||||||
|Unrestricted
funds|||||{59&)|||
|Total funds|||||{598)|||
##
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|Cash flows from operating|||activities|||||
|Net cash|used
in operating|activities||||12,879|8,719|
|Cash flows from investing|||activities|||||
|Purchase|oftangible fixed assets|||||(8,130)||
|Net cash|(used in)/provided||by investing||activities|(8,130)||
|Cash flows from financing|||activities|||||
|Net cash|provided
by financing
activities|||||||
|Change|in cash and cash||equivalents|in|the year|4,749|8,719|
|Cash and|cash equivalents||at the beginning||of the year|251,110|242,391|
|Cash and cash equivalents|||at the end|of|the year|255,859|251, 'I I0|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2023|2023|2023|
||||||f.||
|Voluntary
income|||||||
|Block grant||||322,000||322,000|
|Facilities
in kind||||50,000||50,000|
|Profit on disposal ofassets||||200||200|
|Similar incoming resources|||||||
|Shop, Bars 8 Ents retail|operations|||703,221||703,221|
|Summer
Ball||||74,528||74,528|
|NUS extra/TOTUM||||598||596|
|Other trading
operations|including|games machines|&||||
|vending||||435||435|
|Retrospective
discounts|receivable|||10,737||10,737|
|Letting ofspace||||13,711||13711|
|Advertising
income and|other sponsorship|||8,769||8,769|
|Subtotal detailed disclosure||||1,184,197||1,184,197|
|||||1,18¹,197||1,184,197|
##
##
##
||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2022|2022|2022|
|||||||E||
|Voluntary
income||||||||
|Block grant|||||300,000||300,000|
|Additional
Block Grant funding||||||9,930|9,930|
|Facilities
in kind|||||20,000||20,0QQ|
|Profit on disposal ofvehicle|||||58||58|
|Other trading
activities||||||||
|Shop, Bars & Ents retail|operations||||733,255||733,255|
|Summer
Ball|||||55,145||M, 145|
|NUS extra/TOTUM|||||729||729|
|Other trading
operations|including||games machines|&||||
|vending|||||510||510|
|Retrospective
discounts|receivable||||9,313||9,313|
|Letting ofspace|||||15,037||/5,037|
|Advertising
income including||Sub|TV and other sponsorship||8,70Q||8,70Q|
|Subtotal detailed disclosure|||||1,142,747|9,930|1,152,677|
||||||1,142,747|9,930|1,152,677|
##
##
||Unrestricted|Total|Tote/|
|---|---|---|---|
||funds|funds|funds|
||2023|2023|2022|
||K|||
|Freshers' week|15,920|15,920|'/5, 110|
|Sports ciubs &societies|122,916|122,916|104,014|
||138,836|138,836|119,124|
##
##
|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funda|
|2023|2023|2022|
||K|E|
|446|||
|Total|Total|
|---|---|
|funds|funds|
|2023|2022|
|K||
||2,977|
##
##
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023|2023|2022|
|Shops, Bars &Ents retail - Cost of|sales|275,133|275,133|243,100|
|Shops, Bars &Ents retail - Other costs||176,587|176,587|211,858|
|Other trading - Cost ofsales||5,020|5,020|4,104|
|Other trading - Other costs||19,694|19,694|3'/, 066|
|Support facilities costs||70,054|70,054|23,324|
|Support staff costs||14,160|14,160|37,353|
|Shop, Bars & Ents retail and other|trading operations-||||
|wages and salaries||299,596|299,596|295,201|
|Shop, Bars 8 Ents retail operations|- depreciation|5,516|5,516|9,129|
|||865,760|865,760|855,135|
##
##
|||Activities|||
|---|---|---|---|---|
|||undertaken|Support|Total|
|||directly|costs|funds|
|||2023|2023|2023|
|||F|||
|Ciubs/societies|8 Community/volunteering|287,920|42,107|330,027|
|Student representation||81„947|42,107|124,054|
|External representation||4,725||4,725|
|||374,592|84,214|458,806|
##
##
##
|||Activities|||
|---|---|---|---|---|
|||undertaken|Support|Total|
|||dtrectiy|costs|funds|
|||2022|2022|2022|
|||E|||
|Clubs/societies|8 Comrnunityivolunteering|191,619|30,336|22l,955|
|Student representation||84,089|30,336|114,425|
|External representation||7,500||7,500|
|||283,208|60,672|343,880|
||||Total|Total|
|---|---|---|---|---|
||||funds|funds|
||||2023|2022|
|Staff costs|||196,828|110,383|
|Activities and|development||24,052|27,8?2|
|Grants payable|||53,504|70,145|
|Conferences|and|training|1,198|'l,964|
|Representatives||Co-ordinator|230|39|
|NUS affiliation|||4,725|7,500|
|Welfare|||5,976|7,582|
|Facilities costs|||88,079|57,723|
||||374,592|283,208|
##
##
||||Total|Total|
|---|---|---|---|---|
||||funds|funds|
||||2023|2022|
|Staff costs|||28,319|96,398|
|Depreciation|||1,000|1,000|
|Bank charges and loan||interest|2,271|469|
|Cleaning|||2,195|2,309|
|Generai expenses|||348|91|
|Health 8 safety|||1,810|2,174|
|Insurance|||16,968|1?.711|
|IT|||5,747|5,441|
|Printing,
postage and stationery|||72|1,399|
|Professional|affiliations||415|415|
|Repairs and|renewals||2,156|971|
|Staff travei and subsistence|||766|161|
|Security|||1,010|'/,063|
|Recruitment|costs||341|'l2|
|VAT adjustment|||854|(17,995j|
|Rent|||50,000|20,000|
|Governance|costs||18,695|11,993|
|Pension deficit funding|||35„461|(22,283)|
|Transfered
to fundraising||costs|(84,214)|(60,677)|
||||84,214|60,672|
##
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|Fees payable|to the Company's|auditor||for the audit of the Company's||||
|annual accounts||||||7„500|8,385|
|Fees payable|to the Company's|auditor||in|respect of:|||
|All taxation
advisory services not|||included||above||2,300|
|All non-audit|services not included||above|||2,750|1,295|
##
|||||2023|2022|
|---|---|---|---|---|---|
|||||E||
|Wages and|salaries|||465,1?1|453,400|
|Social security costs||||32„970|24,102|
|Contribution|to defined|contribution|pension schemes|26,604|24,481|
|||||524 745|501983|
|Tradtng||
|---|---|
|Charitable|activities|
|Support 8|Governance|
|2023|2022|
|---|---|
|No.|No.|
|14||
##
##
##
|Memoran
follows. '|dum
and Articles of A|ssociation,
The value ofTrustees'|remuneration|and other bene|fits was as|
|---|---|---|---|---|---|
|||||2023|2022|
|||||E||
|isabelle Page||Remuneration||3,525||
|Frederick|Rainbow|Remuneration||24,270|3,6f2|
|||Pension contributions|paid|643|78|
|Gemma|Hopwood|Remuneration||21,464|2'/, 663|
|||Pension contributions|paid|589|580|
##
||Fixtures and|
|---|---|
||fittings|
|Cost or valuation||
|At 1 August 2022|349,479|
|Additions|8,130|
|Disposals|(27,751)|
|At 31 July 2023|329,&58|
|Depreciation||
|At 1 August 2022|347,031|
|Charge for the year|6,516|
|On disposals|(27,751)|
|At 31 July 2023|325,796|
|Net book value||
|At 31 July 2023|4,062|
|At3f July 2022|2,448|
##
##
##
|Stocks||||
|---|---|---|---|
|||2023|2022|
||||1'|
|Bars 6 Shops|Stock|19,602|19,817|
|ebtors||||
|||2023|2022|
|||F||
|Due within one year||||
|Trade debtors||16,673|19,359|
|Other debtors||6,803|1,551|
|Prepayments|and accrued income|29,150|20,268|
|||52,626|41,178|
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|Trade creditors||||||15,129|5,801|
|Other taxation||and|social security|||5,947|4,867|
|Other creditors||||||32,639|25,4Q4|
|Accruals|and deferred|||income||23,013|36,089|
|||||||76,728|72,161|
|||||||2023||
|Deferred|income at 1|||August 2022||16,117|2Q,327|
|Resources deferred|||during the year|||8,020|16, "I'l?|
|Amounts|released||from previous||periods|(16,117)|(20,327)|
|||||||8020|16117|
##
||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||f.||
||SUSS Pension||Deficit Funding||Liability||||258,019|24f,903|
|18.|Financial|instruments|||||||||
||||||||||2023|2022|
||Financial|assets|||||||||
||Financial assets measured|||at|fair|value through|income|and expenditure|||
||||||||||2023|2022|
||Financial|liabilities|||||||||
||Other financial||liabilities measured|||at fair value|through|income and|||
||expenditure||||||||276,137|26f,059|
##
##
##
||Statement|of|funds|- current year|||||
|---|---|---|---|---|---|---|---|---|
||||||Balance a't 1|||Balance at|
||||||August 2022|Income
f|Expenditure|31 July 2023
f|
||Unrestricted||funds||||||
||Generai Funds - all|||funds|489|1,323,479|(1,324,M6)||
||Statement|of|funds|- prior year|||||
||||||Balance at||||
||||||I August|||Bdldnce dt|
||||||202'I|Income|Expenditure|31Ju/y 2022f|
||Unrestricted||funds||||||
||General Funds - all|||funds|(?5,286)|1,264,860|(1,189,085)||
||Restricted|funds|||||||
||Restricted|Funds - all funds||||9,930|(9,930)||
||Total offunds||||(75,286)|1,274,790|(f,I99,015)||
|20.|Summary|offunds|||||||
||Summary|offunds||-current year|||||
||||||Balance at 1|||Baiance at|
||||||August 2022|Income
f|Expenditure|31July 2023
'f|
||General
funds||||489|1,323,479|(1,324,566)|(598)|
##
|Summary offunds - prior year|||||
|---|---|---|---|---|
||Balance at||||
||1August|||Balance at|
||2021|income|Expenditure|31July 2022|
|General funds|(75,286)|1,264,860|(1,189,085)||
|Restricted funds||9,930|(9,930)||
||(75,286)|1,274,790|('l,199,015)||
##
|Analysis
Analysis|of net assets between funds
of net assets between
funds - current year|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2023|2023|
|Tangible|fixed assets|4,062|4,062|
|Current|assets|328,087|328,087|
|Creditors|due within one year|(76,728)|(76,728)|
|Creditors|due in more than one year|(256,019)|(256,019)|
|Total||(598)|(598)|
|Analysis|of net assets between funds - prior year|||
|Analysis|of n|et assets between funds - prior year|||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2022|2022|
|Tangible|fixed|assets|2,448|2,448|
|Current|assets||312,105|312,105|
|Creditors|due|within one year|(72,161)|(72,161)|
|Creditors|due|in more than one year|(24l,903)|(24l,903)|
|Total|||||
##
|||||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Nei
income/expenditure|||for|the|year|(as|per|Statement|of|Financial|||
||Activities)|||||||||||(1„087)|?5,775|
||Adjustments
for:|||||||||||||
||Depreciation
charges|||||||||||6,516|10,129|
||Decrease/(increase)||in stocks|||||||||215|(2,298)|
||increase
in debtors|||||||||||(11,448)|(17,T?7)|
||Increase/(decrease)||in creditors|||||||||18,683|(38,611)|
||(Decrease)/increase||in provision||||||||||('/8, 499)|
||Net cash provided|by operating||||activities||||||12„879|8,719|
|23.|Analysis ofcash|and cash equivalents||||||||||||
|||||||||||||2023|2022|
||Cash in hand|||||||||||255,859|251,110|
||Total cash and cash equivalents|||||||||||255,859|251,110|
|24.|Analysis ofchanges||in|net debt||||||||||
|||||||||||At 1 August|||At 31 July|
||||||||||||2022|Cash flows|2023|
||Cash at bank and|in|hand||||||||251,110|4,749|255,&59|
||||||||||||251,110|4,749|255,&59|
##
##
##
##
##
##