| 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 |