| CONTENTS | PAGE |
|---|---|
| Reference and Administrative Information | 3 |
| Report of the Trustees | 4—10 |
| Independent Examiners’ Report to the Trustees | 11 |
| Statement of Financial Activities | 12 |
| Balance Sheet | 13 |
| Cashflow Statement | 14 |
| Accounting Policies and Notes to the Financial Statements | 15-29 |
| YEAR ENDED 31 JULY 2022 | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| Note | Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | ||
| INCOME | |||||
| income from generated funds: | |||||
| Voluntary income | 2 | 252,150 | 12,000 | 264,150 | 264,150 |
| Incoming resources from charitable | |||||
| activities | 3 | 11,206 | 17,681 | 28887 | 2,091 |
| Otherincoming resources from | |||||
| generated funds | 4 | 17,852 | 17,852 | 8,377 | |
| Net incoming resources | 281,208 | 29.681 | 310889 | 274,618 | |
| RESOURCES EXPENDED | |||||
| Charitable activities | S | 220,544 | 39,081 | 259,625 | 234,420 |
| Total resources expended | 220,544 | 39,081 | 259,625 | 234,420 | |
| Net incoming/(outgoing) resources | 60,664 | (9,400) | 51,264 | (40,198) | |
| Transfers | 13 | (3,968) | 3,968 | - | - |
| Net incoming resources forthe year | 56,695 | (5,431) | 51,264 | 40,198 | |
| Fund broughtforward | (128,897) | 18,654 | (110,243) | (150,441)) | |
| Funds carried forward at 31 July 2022 | (72.202) | 13,223 | (58,979) | (110,243) |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | |
| Tangible fixed assets | 9 | 775 | 230 | ||
| 775 | 230 | ||||
| Currentassets | |||||
| Debtors | 10 | 6,000 | 10,638 | ||
| Cash at bank and in hand | 164,872 | 164,616 | |||
| 170,872 | 175,254 | ||||
| Current liabilities: amounts due within one | |||||
| year | 11 | (23,510) | (32,054) | ||
| Net current assets | 147.362 | 143,200 | |||
| Creditors: amounts due after | |||||
| one year | |||||
| 12 | (207,116) | (253,673) | |||
| Net (liabilities) | (58,979) | (110,243) | |||
| Reserves | |||||
| Restricted funds | 13 | 13,223 | 18,654 | ||
| Unrestricted Funds | 13 | (72,202) | (128,897) | ||
| (56.979) | (110,243) |
| Note | 2022 | 2021 | |
|---|---|---|---|
| £ | £ | ||
| Netcash used in operating activities | 20 | 1,053 | 59,519 |
| Cashflowsfrom investing activities: | |||
| Purchase offixed assets | (797) | - | |
| Change In cash and cash equivalents in the year | 256 | 59,519 | |
| Cash and cash equivalents broughtforward | 164,616 | 105,097 | |
| Cash and cash equivalents carried forward | 164,872 | 164,616 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | £ | € | |
| Block grant from | ||||||
| Liverpool Hope | ||||||
| University | 252,150 | - | 252,150 | 252,150 | - | 252.150 |
| Facilities in kind | - | 12000 | 12,000 | - | 12,000 | 12,000 |
| 252,150 | 12,000 | 264,150 | 252,150 | 12,000 | 264,150 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | £ | £ | |
| NUS extra commission | 361 | - | 361 | 449 | - | 449 |
| Event income | 10845 | - | 10,845 | - | - | |
| Clubs and societies | - | 17,681 | 17,681 | - | 1,642 | 1,642 |
| 11,206 | 17,681 | 28,887 | 449 | 1,642 | 2,091 |
| Unrestricted Funds |
Restricted Funds |
2022 Total Funds |
Unrestricted Funds |
Restricted Funds |
2021 Total Funds |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| Other incon,e | ||||||
| (including 8AM) | 17,852 | - | 17,852 | 8,377 | - | 8,377 |
| 17,852 | - | 17,852 | 8,377 | - | 8,377 |
| . COSTS OF CHARITABLE |
ACTIVITIES | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Direct | Support | Total | Direct | Support | Total | |
| Costs | Costs | Costs | Costs | Costs | Costs | |
| £ | £ | £ | £ | £ | £ | |
| Events | 34805 | 28,309 | 63,114 | 24,961 | 33,003 | 57,964 |
| Internal representation | 6151 | 11,324 | 17,475 | 8,785 | 13,201 | 21,986 |
| Subscriptions and affiliations | 6304 | - | 6,304 | 6,304 | - | 6,304 |
| Education and welfare | 16,017 | 28,309 | 44,326 | 18,420 | 33,003 | 51,423 |
| Clubs and societies | 36122 | 22,647 | 58,769 | 16,349 | 26,402 | 42,751 |
| Sports | 35,407 | 22,647 | 58,054 | ‘17,454 | 26,402 | 43,856 |
| Governance costs | - | 11,583 | 11,583 | - | 10,136 | 10,136 |
| 134,805 | 124,819 | 259,625 | 92,273 | 142,147 | 234,420 |
| . SUPPORT COSTS |
||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Staffcosts | ||
| Administrative staff salaries | 106,886 | 98,638 |
| Pension contributions | (29,436) | (4,170) |
| Stafftraining, conferences and travel | 1,036 | 160 |
| 78,486 | 94,828 | |
| Building | ||
| Rent and services in kind | 12,000 | 12,000 |
| Telephone | 302 | 304 |
| 12,302 | 12,304 | |
| Othercosts | ||
| Depreciation | 252 | 251 |
| Insurance | 4.448 | 4,167 |
| Hospitality and entertaining | 489 | 712 |
| Printing, stationery and postage | 469 | 122 |
| Legal & professional | 1,626 | 5,861 |
| Marketing & support costs | 6,458 | 5,673 |
| Fees—Subs & Other | 185 | 323 |
| Expenses inctaxi, hotel, travel | 153 | 43 |
| Equipment, clothing & consumables | 195 | 1,053 |
| Bank charges | 94 | |
| Redundancy | 6,666 | |
| Write Off | 8,079 | 8 |
| 22,448 | 24,879 | |
| Governance costs | ||
| Independent examinerfee | 1260 | 1.116 |
| Staff recruitment and Conferences | 76 | 7,447 |
| Legal & professional | 10,247 | 1,573 |
| 11,583 | 10,136 | |
| 124,819 | 142,147 |
| TAFF COSTS AND KEY MANAGEMENT PER | SONNEL | |
|---|---|---|
| 2022 | 2021 | |
| Total | Total | |
| Funds | Funds | |
| £ | £ | |
| Wages and salaries | 136,781 | 153,266 |
| Social security | 10,524 | 11,215 |
| Pension costs | 20,779 | 408 |
| 188,084 | 164,889 |
| 2022 | 2021 | |
|---|---|---|
| Average | Average | |
| number | number | |
| Area | ofstaff | ofstaff |
| Sabbatical officers | 2 | 3 |
| Management | 1 | 1 |
| Student activities | 2 | 1 |
| Administration | 2 | 2 |
| 7 | 7 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| President | ||
| E Meharry (from 1.7.22) | 1818 | |
| C Priestley (until 30.6.22) | 18,654 | 1,601 |
| II Pearce (until 30.6.21) | - | 18,127 |
| Vice Presidents | ||
| o Vann (from 1.7.22) | 1,816 | |
| N Thomnley (from 1.7.22) | 1,819 | |
| S Trujillio (until 30.6.22) | 18,945 | 1720 |
| O Smith (until 8.9.21) | 2,292 | 20558 |
| S. Wills (until 30.6.21) | - | 18749 |
| 45,344 | 60,755 |
| TANGIBLE FIXED ASSETS | Fixtures, Fillings & |
|---|---|
| Equipment | |
| Cost | £ |
| At 31 .July 2021 | 753 |
| Additions | 797 |
| At 31 July 2022 | 1,550 |
| Depreciation | £ |
| At 1 August 2021 | 523 |
| Charge forthe year | 252 |
| At 31 July 2022 | 775 |
| Net Book Values | |
| - at3lJuly2O22 |
775 |
| - at3lJuly2O2l |
230 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Trade debtors | 3,759 | 7,452 |
| Accrued income | - | 900 |
| Prepayments | 791 | 2,286 |
| Amount owed from University | 1,450 | - |
| 6,000 | 10,638 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Operating creditors | 510 | 125 |
| Accruals and deferred income | 6,814 | 7,777 |
| Amount owing to University | 8,621 | |
| SUSS pension deficit | 16,186 | 15,531 |
| 23,510 | 32,054 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| SUSS pension deficit | 207116 | 253,673 |
| 1-5 years | 64,099 | 67301 |
| >5 years | 143017 | 186,372 |
| 3. RESERVES |
|||||
|---|---|---|---|---|---|
| At 1 | At 31 | ||||
| August | Incoming | Resources | July | ||
| 2021 | resources | expended | Transfers | 2022 | |
| £ | £ | £ | £ | £ | |
| Restricted reserves | |||||
| Green fund | 657 | - | 657 | ||
| Clubs and Societies | 17,997 | 17,681 | (27,081) | 3,968 | 12.566 |
| Rent and services in kind | 12,000 | (12,000) | |||
| 18,654 | 29,681 | (39,081) | 3,968 | 13,223 | |
| Unrestricted reserves | |||||
| General funds | (128,897) | 281,208 | (220,544) | (3,968) | (72,202) |
| Total funds | (110,243) | 310,889 | (259,625) | - | (58979) |
| AtI | At31 | ||||
|---|---|---|---|---|---|
| August | incoming | Resources | July | ||
| 2020 | resources | expended | Transfers | 2021 | |
| £ | £ | £ | £ | £ | |
| Restricted reserves | |||||
| Green fund | 657 | - | - | - | 657 |
| Clubs and Societies | 14,995 | 1,642 | (2,485) | 3,845 | 17,997 |
| Rent and services in kind | - | 12,000 | (12,000) | - | - |
| 15,652 | 13,642 | (14,485) | 3.845 | 18,654 | |
| Unrestricted reserves | |||||
| General funds | (166,093) | 260,976 | (219,935) | (3,845) | (128,897) |
| Total funds | (150,441) | 274,618 | (234,420) | - | (110,243) |
| At1 | At31 | ||||
|---|---|---|---|---|---|
| August | Income for | Resources | Grants & | July | |
| 2021 | Fund | expended | Transfers | 2022 | |
| £ | £ | £ | £ | £ | |
| Hope Christian Union | 1.992 | 1,453 | (1,796) | 100 | 1,749 |
| Rugby Mens | 997 | 1,183 | (1,518) | 400 | 1,062 |
| Musical Theatre | 730 | 1,322 | (1,043) | 1,009 | |
| Islamic | 664 | (73) | 791 | ||
| GaelicWornens | 676 | 1,202 | (1,890) | 350 | 338 |
| Hockey Mens | 178 | (60) | 200 | 318 | |
| Green Hope | 657 | 657 | |||
| Other Clubs & Societies | 9,620 | 12,621 | (20300) | 2,918 | 4,759 |
| Societies — Closed 18/19 |
2940 | - | (400) | - | 2,540 |
| Total Funds | 18,654 | 17,681 | (27,081) | 3,968 | 13,223 |
| Ati | At31 | ||||
|---|---|---|---|---|---|
| August | Income for | Resources | Grants & | July | |
| 2020 | Fund | expended | Transfers | 2021 | |
| £ | £ | £ | £ | £ | |
| Hope Christian Union | 1,903 | 534 | (845) | 400 | 1,992 |
| Cheerleading | 1,715 | 229 | - | - | 1,944 |
| Rugby Mens | 487 | 10 | - | 500 | 997 |
| Islamic | 834 | 30 | - | - | 864 |
| Musical Theatre | 680 | 50 | - | - | 730 |
| Green Hope | 657 | - | - | - | 657 |
| Other Clubs & Societies | 6,487 | 389 | (1,291) | 2,945 | 8530 |
| Societies — Closed 18/19 |
2,889 | 400 | (349) | - | 2940 |
| Total Funds | 15,652 | 1,642 | (2,485) | 3,845 | 18,654 |
| Restricted | Unrestricted | At 31 July 2022 | At ai July 2021 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Tangible fixed assets | 775 | 775 | 230 | |
| Currentassets | 13,223 | 157,649 | 170,872 | 175254 |
| Current liabilities | (23,510) | (23,510) | (32,054) | |
| Non-current liabilities | (207,116) | (207,116) | (253,673) | |
| 13223 | (72202) | (58,979) | (110,243) |
| Restricted | Unrestricted | At 31 July 2021 | At 31 July 2020 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Tangible fixed assets | - | 230 | 230 | 481 |
| Current assets | 18,654 | 156,600 | 175,254 | 146,595 |
| Current liabilities | - | (32,054) | (32,054) | (22.714) |
| Non-current liabilities | - | (253,673) | (253,673) | (274,803) |
| 18,654 | (128,897) | (110.243) | (150441) |
| es pension contributions paid | |||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| President | |||
| E Meharry (from 1” July 2022) | 97 | - | |
| C Priestley (until 301h June 2022) | - | - | |
| Vice Presidents | |||
| o Vann (from 1” July 2022) | 96 | ||
| N Thornley (from 1’ July 2022) | 98 | ||
| S Wills (until 30 June 2021) | - | (96) | |
| O Smith (until 8t September 2021) | - | ||
| 291 | (96) |
| FFILIATION FEES | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| NUS | 6,304 | 6,304 |
| BUGS | 2,305 | 2172 |
| Other | 225 | 40 |
| 8,834 | 8516 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Net movement in funds | 51,264 | 40,198 |
| Add hack depreciation charge | 252 | 251 |
| (Increase)decrease in debtors | 4637 | 30,860 |
| (Decrease) increase in creditors | (9,198) | 8,320 |
| (Decrease) increase in pension liability | (45,902) | (20,110) |
| Net cash provided by use in operating activities | 1,053 | 59,519 |
| Unincorporated | Unincorporated | Incorporated | Combined | total for | |
|---|---|---|---|---|---|
| Charity | to 2’d | Charity from 3rd | the yearto | 31” July | |
| September 2021 | September2021 | 2022 | |||
| £ | £ | £ | |||
| Income | 21039 | 289,850 | 310,889 | ||
| Expenditure | (14.067) | (245,558) | (259625) | ||
| Net lncomei(expenditure) | 6,972 | 44,292 | 51,264 |