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||||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||||
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||||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|
##
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|||||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|
##
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|||||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|
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|||||||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|
##
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||||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|
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|||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|
##
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|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|
##
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|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|
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|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|
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|||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|
##
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|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|
##
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||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|
##
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|||||||
|---|---|---|---|---|---|
|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)|
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