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2022-07-31-accounts
| 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 |