2023-07-31-accounts

			Page
Company information
Trustees' Report			2-11
Statement of	Trustees'	responsibilities	12
Independent	auditor's	report	13-16
Statement of	financial	activities	17
Balance sheet			18
Statement of	cash flows		19
hlotes tothe financial		statements	20-35

Trusteeg	Russell Thomas	Russell Thomas
	Christopher	Elllcott
		'
	Neetu Karwal
	Jasmine Raymond-Barker
	Robert Blake-Burke
	Laura Bold
	Amber Daw		(Appointed	1July 2023)
	Elise Booth		(Appointed	1July 2023)
	Antonia Dumitru		(Appointed	1July 2023)
	Seb Dee		(Appointed	1July 2023)
	Joshua Mannino		(Appointed	1July 2023)
	Ming Hui Ng		(Appointed	1April 2023)
Charity number	1189547
Principal address	hiewton Park
	Newton StLoe
	Bath
	Bath
	BA2 9BN
Auditor	TCGroup
	StMatthew's	House
	Quays Office Park
	Conference Avenue
	Portishead
	'
	Bristol
	BS207IZ

			Unrestricted	Restricted	Total.	Total
			funds	funds
			2023	2023	2023	2022
		Notes	f	E		E
I nd endow
Donations and legacies			831,741	1,355	833,096	623,978
Charitable activities			662,431		662,431	587,681
Other trading activgtes			48,196		48,196	91,081
Investments			596		596	558
Otherincome			7,183		7,183	7,718
Total income			1,550,147	1,355	1,551,502	1,311,016
Raising funds		8	59,392		59,392	109,063
Charitable activities		9	1,523,247		1,523,247	1,266,248
Total resources expended			1,582,639		1,582,639	1,375,311
Net (outgoing)/incoming	resources before
transfers			(32,492)	1,355	(31,137)	(64,295)
Gross transfers between funds			(1,355)	1,355
Net (expenditure)/income	forthe year/
Net movement in funds			(33,847)	2,710	(31,137)	(64,295)
Fund balances at 1August	2022		701,154		701,154	765,449
Fund balances at 31July 2023			667,307	2,710	670,017	701,154

				2023		2022
			Notes			E
Fixed assets
Tangible assets			13		567,008		581,208
Curmnt assets
Stocks				23,059		25,123
Debtois				67,599		24,081
Cash at bank and in	hand			801,348		145,215
				892,006		194,419
Creditors: amounts	falling	due within
one year			16	(771,619)		(74,473)
Net current assets					120,387		119,946
Total assets less current liabilities					687,395		701,154
Provisions for liabilities					(17,378)
Net assets					670,017		701,154
Income funds
Restricted funds					2,710
Designated funds			18	74,442		66,205
General unrestricted	funds	.		592,865		634,949
					667,307		701,154
					670,017		701,154

				2023		2022
			Notes	6
Cash flows from	operating activities
Cash generated	from/(absorbed by)
operations					671,406		. (26,177)
investing activities
Purchase oftangible fixed assets				(15,869)		(4,102)
Interest received				596		558
Net cish used In	investing activities				(15,273)		(3,544)
Net cash used in	Bnancing activities
Net increase/(decrease)		in cash and cash
equivalents					656,133		(29,721)
Cash and cash equivalents		at beginning ofyear			145,215		174,936
Cash and cash equivalents		at end ofyear			801,348		145,215

						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
						2023	2023	2023	2022
							f	f	f
	Donations and gifts					9,220	1,355	10,575	7,497
	Grants received, included			in the above, are as
	follows:					822,521		822,521	616,481
	Forthe year ended 31July 2022					623,978			623,978
	Grants received, included			in the above, are as
	follows:
	Bath Spa University-		Block' Grant			640,000		640,000	575,232
	Bath Spa University -Other grants					182,521		182,521	. 35,525
	Job Retention	Scheme (Goverment			grant)				5,724
						822,521		822,521	616,481
4	income from: Charitable			activities
							TotalFunds		Total Funds
							2023		2022
							f		f
	Freshers week						9,503		28,106
	Gym						32,877
	Welfare and representation						18		1,462
	Student societies						116,200		100,550
	Shop						319,556		283,940
	Barand Cafe						183,894		173,281
	MUS extra cards						383.		342
							662,431		587,681

			Total	Total
			funds	funds
			2023	2022
			f'	f
	Fundraising	events	6,617	58,728
	Marketing		41,579	32,353
	Other trading activities		48,196	91,081
6	Investments
			Total	Total
			funds	funds
			2023	2022
			f	f
	Interest income		596	558
7	Other income
			Total	Total
			funds	funds
			2023	2022
			6	,f
	Other income		7,183	7,718
8	Raising funds
			Total	Total
			funds
			2023	2022
			f	f
	F n	ubl
	Marketing		32,647	30,451
	Fundraising	costs	26,745	78,612
	Fundralsing	and publicity	59,392	109,063

		Direct Costs	Direct Costs
		2023	2022
		f	f
Freshers Week		21,011	36,719
Gym		27,061	9,370
Welfare and representation		38,325	28,581
Student societies		178,824	141,599
Shop		307,245	267,288
Bark Cafe		188,894	157,713
		761,360	641,270
Share ofsupport costs (see note 10)		746,649	612,478
Share ofgovernance	costs (see note 10}	15,238	12;500
		1,523,247	1,266,248

Support	costs
		Support	Governance	2023	2022
		Costs	Costs
			f
Freshers	Week	20,605	421	21,026	35,787
Gym		26,538	542	27,080	9,132
Welfare	and representation	37,585	767	38,352	27,855
Student	societies	175,368	3,579	178,947	138,001
Shop		301,308	6,149	307,457	260,497
Bar and Cafe		185,245	3,780	189,025	153,706
		746,649	15,238	761,887	624,978
Analysed	between
Charitable	activities	746,649	15,238	761,887	624,978

	2023	2022
	E	E
Jack Mapston		18,414
Sian Bentley		18,414
Marianne Evans	25,160	20,088
Jasmine Smail		18,414
Laura Bold	27,951	2,372
Neetu Karwal	27,951	2,372
Alice Tedds	25,490	2,372
Jasmine Raymond-Barker	3,771
Elise Booth	3,771
	114,094	82,446

The average	inonthly number ofemployees during	the year was:
		2023	2022
		Number	Number
Salaried stbff		23	22
Casual staff		21	17
			39
Employment	costs	2023	2022
		F.	f
.Wages and salaries		707,207	571,389
Social securRy	costs	57,490	41,601
Other pension	costs	49,194	44,657
		813,891	657,647

The num were:	ber ofemployees whose annual remune	ration was f60,000or more
		2023	2022
		Number	Number
Salaried	stal	1	1

13	Tangible fixed assets	Tangible fixed assets
				umaehnld	Plant and	Plnturea and	aarakitchen	Tntal
				lmprnvementa	equIpment	ateest	equipment
					E	6
	Cost
	At 1August	2022		722,194	274,773	115,998	101,825	1,214,790
	'Additions				15,869			15,869
	At31July 2023			722,194	290,642	115,998	101,825	1,230,659
	Depredation	and impairment
	At 1August 2022			175,736	265,329	91,816	100,700	633,581
	.Depreciation	charged	in the year	14,441	9,474	5,030	1,125	30,070
	'At 31July 2023			190,177	274,803	96,846	101,825	663,651
	Carrying amount
	At31July 2023			532,017	15,839	19,152		567,008
	At 31July 2022			546,458	9,444	24,182	1,124	581,208
14	Stocks
							2023	2022
							6
	Goods for resale						23,059	25,123
15	Debtors
							2023	2022
	Amounts falling due within one year:						6	E
	Trade debtors						15,605	8,816
	Other debtors						113	819
	Prepayments	and accrued income					51,881	14,446
							67,599	24,081

		Movement	in funds
	anlnnce et	Incoming	nnseuscns	anlnncn et
	1August tats	msousces	erpended	SSInly Sgtg
	E			E
Wateraid	1,355	1,355		2,710
Madenga		1,311		1311
Clubs and societies	64,850	109,513	(103,942)	70,421
	66,205	'112,179	(103,942)	74,442

Analysis of	net assets between funds
		Designated	General	Total	Total
			funds
		202$	202$	202$	2022
		6		f	f
Fund balances at31July 2023 are
represented	by:
Tangible Fixed Assets			567,008	567,008	581,208
Other Net Assets		74,442	45,945	120,387	119,946
Provisions			(17,378)	(17,378)
		74,442	595,575	670,017	701,154

	2023	2022
	E	E
Within one year	40,000	40,891
Between two and five years	200,000	200,000
In over five years	200,000	240,000
	440,000	480,891

Cash generated fro	m operatio	ns		2023	2022
					f
Deficit for the year				(31,137)	(64,295)
Adjustments for:
Investment income	recognised	in statement	offinancial activities	(596}	(558}
Depreciation and im'pairment		oftangible fixed assets		30,069	29,167
Movements in working capital:
Decrease/(increase)	in stocks			2,064	(6,924)
(increase)/decrease	in debtors			(43,518)	9,136
Increase in creditors				697,146	' 7,297
Increase in provisions				17,378
Cash generated from/(absorbed		by}operations		671,406	(26,177)