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2023-07-31-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 |
15-28 |
|
|
|
|
2023 |
2022 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
Note |
Funds |
Funds |
Funds |
Funds |
|
|
£ |
C |
C |
£ |
| INCOME |
|
|
|
|
|
| Income from generated funds: |
|
|
|
|
|
| Voluntary income |
2 |
260,000 |
12,000 |
272,000 |
264,150 |
| Incoming resources from charitable |
|
|
|
|
|
| activities |
3 |
12,815 |
20,208 |
33,023 |
28,887 |
| Other incoming resources from |
|
|
|
|
|
| generated funds |
4 |
24,559 |
|
24,559 |
17,852 |
| Net incoming resources |
|
297,374 |
32,208 |
329,582 |
310,889 |
| RESOURCES EXPENDED |
|
|
|
|
|
| Charitable activities |
5 |
270,583 |
35,035 |
305,618 |
259,625 |
| Total resources expended |
|
270,583 |
35,035 |
305,618 |
259,625 |
| Net incoming/(outgoing) resources |
|
26,791 |
(2,827) |
23,964 |
51,264 |
| Transfers |
13 |
(6,050) |
6,050 |
- |
- |
| Net incoming resources forthe year |
|
20,741 |
3,223 |
23,964 |
51,264 |
| Fund brought forward |
|
(72,202) |
13,223 |
(58,979) |
(110,243) |
| Funds carried forward at 31 July 2023 |
|
(51,461) |
16,446 |
(35,015) |
(58,979) |
|
|
|
2023 |
|
2022 |
|
Note |
£ |
£ |
£ |
£ |
| Tangible fixed assets |
9 |
|
983 |
|
775 |
|
|
|
983 |
|
775 |
| Current assets |
|
|
|
|
|
| Debtors |
10 |
5,002 |
|
6,000 |
|
| Cash at bank and in hand |
|
159,291 |
|
164,872 |
|
|
|
164,293 |
|
170,872 |
|
| Current liabilities: amounts due within one |
|
|
|
|
|
| year |
11 |
(26,712) |
|
(23,510) |
|
| Net current assets |
|
|
137,581 |
|
147,362 |
| Creditors: amounts due after |
|
|
|
|
|
| one year |
|
|
|
|
|
|
12 |
|
(173,579) |
|
(207,116) |
| Net (liabilities) |
|
|
(35,015) |
|
(58,979) |
| Reserves |
|
|
|
|
|
| Restricted funds |
13 |
|
16,446 |
|
13,223 |
| Unrestricted Funds |
13 |
|
(51,461) |
|
(72,202) |
|
|
|
(35,015) |
|
(58,979) |
|
Note |
2023 |
2022 |
|
|
£ |
£ |
| Net cash used in operating activities |
20 |
(4,898) |
1,053 |
| Cashflows from investing activities: |
|
|
|
| Purchase of fixed assets |
|
(683) |
(797) |
| Change in cash and cash equivalents in the year |
|
(5,581) |
256 |
| Cash and cash equivalents brought forward |
|
164,872 |
164,616 |
| Cash and cash equivalents carried forward |
|
159,291 |
164,872 |
.
VOLUNTARY IN |
COME |
|
|
|
|
|
|
|
|
2023 |
|
|
2022 |
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
Funds |
Funds |
Funds |
Funds |
Funds |
Funds |
|
£ |
£ |
£ |
£ |
£ |
C |
| Block grant from |
|
|
|
|
|
|
| Liverpool Hope |
|
|
|
|
|
|
| University |
260,000 |
- |
260,000 |
252,150 |
- |
252,150 |
| Facilities in kind |
- |
12,000 |
12,000 |
- |
12,000 |
12,000 |
|
260,000 |
12,000 |
272,000 |
252,150 |
12,000 |
264,150 |
|
|
|
2023 |
|
|
2022 |
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
Funds |
Funds |
Funds |
Funds |
Funds |
Funds |
|
£ |
£ |
£ |
£ |
£ |
£ |
| NUS extra commission |
314 |
- |
314 |
361 |
- |
361 |
| Event income |
12,501 |
- |
12,501 |
10,845 |
- |
10,845 |
| Clubs and societies |
- |
20,208 |
20,208 |
- |
17,681 |
17,681 |
|
12,815 |
20,208 |
33,023 |
11,206 |
17,681 |
28,887 |
.
OTHER INCOMI |
NG RESOURCES F |
ROM GENE |
RATED F |
UNDS |
|
|
|
Unrestricted
Funds |
Restricted
Funds |
2023
Total
Funds |
Unrestricted
Funds |
Restricted
Funds |
2022
Total
Funds |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Other income |
|
|
|
|
|
|
| (including BAM) |
24,559 |
- |
24,559 |
17,852 |
- |
17,852 |
|
24,559 |
- |
24,559 |
17,852 |
- |
17,852 |
.
COSTS OF CHARITABLE |
ACTIVITIES |
|
|
|
|
|
|
|
|
2023 |
|
|
2022 |
|
Direct |
Support |
Total |
Direct |
Support |
Total |
|
Costs |
Costs |
Costs |
Costs |
Costs |
Costs |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Events |
38,562 |
32,462 |
71,024 |
34,805 |
28,309 |
63,114 |
| Internal representation |
13,641 |
12,985 |
26,626 |
6,151 |
11,324 |
17,475 |
| Subscriptions and affiliations |
6,303 |
- |
6,303 |
6,304 |
- |
6,304 |
| Education and welfare |
19,884 |
32,462 |
52,346 |
16,017 |
28,309 |
44,326 |
| Clubs and societies |
37,045 |
25,969 |
63,014 |
36,122 |
22,647 |
58,769 |
| Sports |
58,217 |
25,969 |
84,186 |
35,407 |
22,647 |
58,054 |
| Governancecosts |
- |
2,119 |
2,119 |
- |
11,583 |
11,583 |
|
173,652 |
131,966 |
305,618 |
134,805 |
124,819 |
259,625 |
.
SUPPORT COSTS |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Staffcosts |
|
|
| Administrative staff salaries |
112,696 |
106,886 |
| Pension contributions |
(15,617) |
(29,436) |
| Staff training, conferences and travel |
1,406 |
1,036 |
| Staff medical and eye tests |
85 |
- |
|
98,570 |
78,486 |
| Building |
|
|
| Rent and services in kind |
12,000 |
12,000 |
| Telephone |
264 |
302 |
|
12,264 |
12,302 |
| Othercosts |
|
|
| Depreciation |
475 |
252 |
| Insurance |
5,288 |
4,448 |
| Hospitality and entertaining |
1,260 |
489 |
| Printing, stationery and postage |
440 |
469 |
| Legal & professional |
1,786 |
1,626 |
| Marketing & support costs |
6,604 |
6,458 |
Fees
— Subs & Other |
1,718 |
185 |
| Expenses inc taxi, hotel, travel |
1,091 |
153 |
| Equipment, clothing & consumables |
64 |
195 |
| Bank charges |
275 |
94 |
| Write Off |
12 |
8,079 |
|
19,013 |
22,448 |
| Governance costs |
|
|
| Independent examinerfee |
1,560 |
1,260 |
| Staff recruitment and Conferences |
358 |
76 |
| Legal & professional |
201 |
10,247 |
|
2,119 |
11,583 |
|
131,966 |
124,819 |
|
2023 |
2022 |
|
Total |
Total |
|
Funds |
Funds |
|
£ |
£ |
| Wages and salaries |
161,501 |
136,781 |
| Social security |
13,124 |
10,524 |
| Pension costs |
25,234 |
20,779 |
|
199,859 |
168,084 |
|
2023 |
2022 |
|
Average |
Average |
|
number |
number |
| Area |
of staff |
of staff |
| Sabbatical officers |
3 |
2 |
| Management |
1 |
1 |
| Student activities |
2 |
2 |
| Administration |
2 |
2 |
|
8 |
7 |
|
2023 |
2022 |
|
£ |
£ |
| President |
|
|
| N Rosser (from 1.7.23) |
1958 |
- |
| E Meharry (until 30.6.23) |
21,864 |
1,818 |
| C Priestley (until 30.6.22) |
- |
18654 |
| Vice Presidents |
|
|
| E Taylor (from 1.7.23) |
1,958 |
- |
| O Vann (until 30.6.23) |
21,153 |
1,816 |
| N Thornley (from 1.7.22) |
23,112 |
1,819 |
| S Trujillio (until 30.6.22) |
- |
18,945 |
| O Smith (until 8.9.21) |
- |
2,292 |
|
70,045 |
45,344 |
| Cost |
£ |
| At 31 July 2022 |
797 |
| Additions |
683 |
| At31 July2023 |
1,480 |
| Depreciation |
£ |
| At 1 August 2022 |
22 |
| Charge for the year |
475 |
| At 31 July 2023 |
497 |
| Net Book Values |
|
-
at 31 July 2023 |
983 |
-
atSl July2022 |
775 |
|
2023 |
2022 |
|
£ |
£ |
| Trade debtors |
1,261 |
3,759 |
| Accrued income |
1,196 |
- |
| Prepayments |
2,545 |
791 |
| Amount owed from University |
- |
1,450 |
|
5,002 |
6,000 |
|
2023 |
2022 |
|
£ |
£ |
| Operating creditors |
710 |
510 |
| Accruals and deferred income |
6,969 |
6,814 |
| Amount owing to University |
2,205 |
- |
| SUSS pension deficit |
16,828 |
16,186 |
|
26,712 |
23,510 |
|
2023 |
2022 |
|
£ |
£ |
| SUSS pension deficit |
173,579 |
207,116 |
| 1-5 years |
61,712 |
64,099 |
| >5 years |
111,867 |
143,017 |
13.
RESERVES |
|
|
|
|
|
|
At 1 |
|
|
|
At 31 |
|
August |
Incoming |
Resources |
|
July |
|
2022 |
resources |
expended |
Transfers |
2023 |
|
£ |
£ |
£ |
£ |
£ |
| Restricted reserves |
|
|
|
|
|
| Green fund |
657 |
|
|
- |
657 |
| Clubs and Societies |
12,566 |
20208 |
(23,035) |
6,050 |
15,789 |
| Rent and services in kind |
- |
12,000 |
(12,000) |
|
|
|
13,223 |
32,208 |
(35,035) |
6,050 |
16,446 |
| Unrestricted reserves |
|
|
|
|
|
| General funds |
(72,202) |
297,374 |
(270,583) |
(6,050) |
(51,461) |
| Total funds |
(58,979) |
329,582 |
(305,618) |
- |
(35,015) |
|
Ati |
|
|
|
At31 |
|
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) |
- |
(58,979) |
|
At 1 |
Income |
|
|
Non |
|
|
August |
for |
Resources |
Grant |
Forum |
At 31 |
|
2022 |
Fund |
expended |
Transfers |
Transfers |
July 2023 |
|
£ |
£ |
£ |
£ |
|
£ |
| Hope Christian Union |
1,749 |
1,298 |
(1,529) |
- |
- |
1,518 |
| Rugby Mens |
1,062 |
- |
(302) |
200 |
- |
960 |
| Musical Theatre |
1,009 |
2,995 |
(2,368) |
- |
- |
1,636 |
| Islamic |
791 |
1,783 |
(1,191) |
200 |
- |
1.583 |
| Football Womens |
(168) |
444 |
(206) |
400 |
- |
470 |
| Power Lifting |
75 |
47 |
(105) |
300 |
- |
317 |
| Green Hope |
657 |
|
|
|
- |
657 |
| Other Clubs & Societies |
5,508 |
13,111 |
(17,334) |
4,950 |
280 |
6.515 |
| Clubs & Societies Suspense |
2,540 |
250 |
- |
- |
- |
2,790 |
| Total Funds |
13,223 |
19,928 |
(23,035) |
6,050 |
280 |
16,446 |
|
At 1 |
|
|
|
|
|
|
August |
Income for |
Resources |
Grants & |
At 31 |
July |
|
2021 |
Fund |
expended |
Transfers |
2022 |
|
|
£ |
£ |
£ |
£ |
£ |
|
| Hope Christian Union |
1,992 |
1,453 |
(1,796) |
100 |
|
1,749 |
| Rugby Mens |
997 |
1,183 |
(i,5i8) |
400 |
|
i,062 |
| Musical Theatre |
730 |
1,322 |
(1,043) |
- |
|
1,009 |
| Islamic |
864 |
- |
(73) |
- |
|
791 |
| Gaelic Womens |
676 |
1,202 |
(1,890) |
350 |
|
338 |
| Hockey Mens |
178 |
- |
(60) |
200 |
|
318 |
| Green Hope |
657 |
- |
- |
- |
|
657 |
| Other Clubs & Societies |
9,620 |
12,521 |
(20,300) |
2,918 |
|
4,759 |
Societies
— Closed ia/i 9 |
2,940 |
- |
(400) |
- |
|
2,540 |
| Total Funds |
18,654 |
17,681 |
(27,081) |
3,968 |
|
13,223 |
|
Restricted |
Unrestricted |
At 31 July 2023 |
At 31 July 2022 |
|
£ |
£ |
£ |
£ |
| Tangible fixed assets |
- |
963 |
983 |
775 |
| Current assets |
16,446 |
147,847 |
164,293 |
170,872 |
| Current liabilities |
|
(26,712) |
(26,712) |
(23,510) |
| Non-current liabilities |
|
(173,579) |
(173,579) |
(207,116) |
|
16,446 |
(51,461) |
(35,015) |
(58,979) |
|
Restricted |
Unrestricted |
At 31 July 2022 |
At 31 July 2021 |
|
£ |
£ |
£ |
£ |
| Tangible fixed assets |
- |
775 |
775 |
230 |
| Current assets |
13,223 |
157,649 |
170,872 |
175,254 |
| Current liabilities |
- |
(23,510) |
(23,510) |
(32,054) |
| Non-current liabilities |
- |
(207,116) |
(207,116) |
(253,673) |
|
13,223 |
(72,202) |
(58,979) |
(110,243) |
|
2023 |
2022 |
|
£ |
£ |
| President |
|
|
| N Rosser (from 1t July 2023) |
103 |
|
| E Meharry (until 3Qth June 2023) |
1,115 |
97 |
| Vice Presidents |
|
|
| E Taylor (from Vt July 2023) |
103 |
- |
| O Vann (until 30th June 2023) |
1,115 |
96 |
| N Thornley (from Vt July 2022) |
1,219 |
98 |
|
3,655 |
291 |
|
2023 |
2022 |
|
£ |
£ |
| NUS |
6,303 |
6,304 |
| BUCS |
2,437 |
2,305 |
| Other |
192 |
225 |
|
8,932 |
8,834 |
|
2023 |
2022 |
|
£ |
£ |
| Net movement in funds |
23,964 |
51,264 |
| Add back depreciation charge |
475 |
252 |
| (Increase) decrease in debtors |
998 |
4,637 |
| (Decrease) increase in creditors |
2,559 |
(9198) |
| (Decrease) increase in pension liability |
(32,894) |
(45,902) |
| Net cash provided by use in operating activities |
(4,898) |
1,053 |