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|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|
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|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)|
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||||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)|
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||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|
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||||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|
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||||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|
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||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|
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|.
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|
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|.
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|
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|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|
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||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|
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||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|
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||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|
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||2022|2021|
|---|---|---|
||£|£|
|SUSS pension deficit|207116|253,673|
|1-5 years|64,099|67301|
|>5 years|143017|186,372|
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|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)|
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||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|
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||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)|
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|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)|
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|FFILIATION FEES|||
|---|---|---|
||2022|2021|
||£|£|
|NUS|6,304|6,304|
|BUGS|2,305|2172|
|Other|225|40|
||8,834|8516|
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||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|
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||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|