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|Legal and Administrative|Information|Information|Information||||
|---|---|---|---|---|---|---|
|Council Members'<br>Annual|Report|||||2-4|
|Report ofthe Auditors||||||s -6|
|Statement ofFinancial Activities|||||||
|Balance Sheet|||||||
|Statement ofCash Flows|||||||
|Notes forming<br>pmt ofthe|financial||statements|||10-17|
|The following<br>pages do not form||part ofthe statutory||financial|statements:||
|Detailed Statement ofFinancial||Activities|||||
|Detailed Balance Sheet||||||19|





|REGISTRATION NUMBER.|'|02438525 (Company|02438525 (Company|02438525 (Company||limited|by|guarantee)|guarantee)||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|CHARITY NUMBER:||328414|||||||||||
|COUNCIL MEMBERS:||Dr R. Dorrance||(Chairperson)|||||||||
|||Dr R.Morpeth|||||||||||
|||R.A. Marshall||(Vice Chairperson)|||||||||
|||C. Callaway|(resigned|||June 2022)|||||||
|||R,E.Moore (resigned||||November||2021)|||||
|||C.J.Woolliscroli|||||||||||
|||Dr V. Pittard|||||||||||
|||S.Mistry|||||||||||
|CHIEF EXECUTIVE OFFICER:||E Chesterman|||||||||||
|REGISTERED OFFICE||Wooipack House|||||||||||
|||70 High Street|||||||||||
|||Sawston|||||||||||
|||Cambridge|||||||||||
|||CB22 3HI|||||||||||
|AUDITORS.||Prentis &Co|LLP||||||||||
|||Chartered<br>Accountants||||Jk Statutory|||Auditors||||
|||115cMilton Road|||||||||||
|||Cmnbridge|||||||||||
|||CB4 IXE|||||||||||
|BANKERS:||CAF (Charities||Aid|Foundation)|||Bank||National|Westminster|Bank|
|||25 Kings Hill|Avenue|||||||Kings Parade Branch|||
|||Kings Hill||||||||10Benet|Street||
|||West Mailing,||Kent||||||Cambridge|||
|||ME194TA||||||||CB2 3PU|||
|||Insignia|||||||||||
|||StJohns Innovation|||Centre||||||||
|||Cowley Road|||||||||||
|||Cambridge|||||||||||
|||CB4 OWS|||||||||||
|SOLICITORS;||Stone King|||||||||||
|||3rd Floor|||||||||||
|||Bateman<br>House|||||||||||
|||82-88 Hills Road|||||||||||
|||Cambridge|||||||||||
|||CB2 ILQ|||||||||||





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||||||2022|2022|2022|2021|2021|2021|
|---|---|---|---|---|---|---|---|---|---|---|
|||||Notes|Unrestricted|Restricted|Total|Unrestrictedl|Restricted|Total|
||||||Funds|Funds|Funds|Funds|Funds|Funds|
|INCOME|FROM:||||f||||f||
|Charitable|activities:||||||||||
|Fees|||||1,304,902||1,304,902|1,513,909||1,513,909|
|Publications|and licences||||3,818||3,818|4,110||4,110|
|Project incoine|||||||||6,250|6,250|
|Other inconte|||||22,879||22,879|2,090||2,090|
|TOTAL INCOME|||||1,331,599||1,331,599|1,520,109|6,250|1,526,359|
|EXPENDITURE ON:|||||||||||
|Charitable|activities:||||||||||
|Fees|||||1,161,936||1,161,936|1,224,831||1,224,831|
|Publications|and licences||||24,521||24,521|45,191||45,191|
|Projects||||||2,690|2,690||3,560|3,560|
|Other costs|||||29,844||29,844|27,339||27,339|
|TOTAL EXPENDITURE|||||1,216,301|2,690|1,218,991|1,297,361|3,560|1,300,921|
|Net income|and net||||||||||
|movement|in funds||||115,298|(2,690)|112,608|222,748|2,690|225,438|
|RECONCILIATION|||OF FUNDS||||||||
|Total funds|brought|forward|||757,840|2,690|760,530|535,092||535,092|
|Total funds|carried|forward|||873,138||873,138|757,840|2,690|760,530|





## 

|||Notes|||2022|2021||
|---|---|---|---|---|---|---|---|
|FIXEDASSETS||||||||
|Intangible<br>assets|||||119,140||164,059|
|Tangible assets|||||34,180||64,054|
|TOTAL FIXEDASSETS|||||153,320||228,113|
|CURRENT ASSETS||||||||
|Stocks||10||10,436||16,682||
|Debtors||11||66,702||47,917||
|Cash at bank and in hand||||852,735||813,019||
|TOTAL CURRENT ASSETS||||929,873||877,618||
|LIABILITIES:||||||||
|Creditors: Amounts<br>falling due||||||||
|within one year||12||(100,025)||(221,933)||
|NET CURRENT ASSETS|||||829,848||655,685|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||||983,168||883,798|
|PROVISIONS FORLIABILITIES||13|||(110,030)||(123468)|
|TOTAL NET ASSETS|||||873,138||760,530|
|THE FUNDS OFTHE|CHARITY:|||||||
|Unrestrictmi<br>Funds||14|||873,138||757,840|
|Restricted Funds||14|||||2,690|
|TOTAL FUNDS|||||873,138||760,530|
|The Enancial statements|were approved|by the Council ofTrustees on|I(|Abesvarnttrev'|Z4~|||
|and signed on its behalf by||||||||





## 

## 

|||||2022|2021|
|---|---|---|---|---|---|
|||||Total|Total|
||||Notes|Funds|Funds|
|Cash flows from operating|activities:|||||
|Net cash pro vkted by/(used|In) operating|activ I ties|17|73,255|408,586|
|Cash flows from investing|activities:|||||
|Purchase oftangible fixed assets||||(7,752)|(18,665)|
|Capitallsation<br>ofintangible|assets|||(25,787)|(27,780)|
|Net cash provided<br>by/(used|in) Investing|activities||(33,539)|(46,445)|
|Cash flows from tinancing|activities:|||||
|Repayment<br>ofborrowing|||||(50,000)|
|Net cash provided<br>by/(used|In)financing|activities|||(50,000)|
|Change In cash and cash equivalents<br>in||the year||39,716|312,141|
|Cash and cash equivalents|brought forward|||813,019|500,878|
|Cash and cash equivalents|carried forward|||852,735|813,019|





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|EXPENDITURE ON:|EXPENDITURE ON:|||||||
|---|---|---|---|---|---|---|---|
|CHARITABLE ACTIVITIES||||Activities||||
|FOR THE YEAR ENDED 30TH|||JUNE 2022|Undertaken|Other Direct|Support|2022|
|||||Directly|Costs|Costs|Total|
||||||||f.|
|Fees||||682,403|8,377|471,156|1,161,936|
|Publications|& licences|||23,166||1,355|24,521|
|Projects|||||2,690||2,690|
|Governance|costs|||||29,844|29,844|
|||||705,569|11,067|502,355|1,218,991|
|ANALYSIS|OF SUPPORT COSTS|||||||
|FOR THE YEAR ENDED 30TH|||JUNE 2022||Publications||2022|
|||||Fees|tk Licences|Governance|Total|
|||||g|f,|||
|Postage and|carriage|||1,092|3||1,095|
|Staff costs||||132,548|381||132,929|
|Office expenses||||6,066|17||6,083|
|Computer<br>and hardwtue||expenses||58,944|169||59,113|
|Telephone||||5,542|16||5,558|
|Depreciation|and amortisation|||108,021|311||108,332|
|Professional|fees|||6,955|20||6,975|
|Accountancy||||102|||102|
|Other costs||||318|I||319|
|Recruitment|costs|||875|3||878|
|Bank and credit card charges||||15,646|45||15,691|
|Premises expenses||||55,844|161||56,005|
|Advertising|and marketing|||79,203|228||79,431|
|||||471,156|1,355||472,511|
|ANALYSIS|OF GOVERNANCE||COSTS|||||
|Legal and professional||||||16,470|16,470|
|Auditors<br>remuneration||||||6,900|6,900|
|Council Member expenses||||||474|474|
|Apportionment<br>ofpremises costs||||||6,000|6,000|
|||||471,156|1,355|29,844|502,355|





## 

## 

|4.a|EXPENDITURE ON;|EXPENDITURE ON;|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||CHARITABLE ACTIVITIES||||||Activities||||
||FOR THE YEAR ENDED|||30TH||JUNE 2021|Undertaken|Other Direct|Support|2021|
||||||||Directly|Costs|Costs|Total|
||||||||f||||
||Fees||||||682,875|7,200|534,756|1,224,831|
||Publications|& liccnces|||||39,789||5,402|45,191|
||Projects|||||||3,560||3,560|
||Governance|costs|||||||27,339|27,339|
||||||||722,664|10,760|567,497|1,300,921|
||ANALYSIS|OF SUPPORT COSTS|||||||||
||FOR THE YEAR ENDED|||30TH||JUNE 2021||Publications||2021|
||||||||Fees|& Licences|Governance|Total|
||||||||f||f.||
||Postage and|carriage|||||356|3||359|
||Staff costs||||||116,745|1,179||117,924|
||Office expenses||||||2,046|21||2,067|
||Computer<br>and hardware||expenses||||57,188|579||57,767|
||Telephone||||||7,606|78||7,684|
||Depreciation|and amortisation|||||170,878|1,726||172,604|
||Professional|fees|||||8,539|86||8,625|
||Accountancy||||||1,562|16||1,578|
||Other costs||||||186|I||187|
||Recruitment|costs|||||17,514|177||17,691|
||Bank and credit card charges||||||19,828|200||20,028|
||Premises expenses||||||67,556|682||68,238|
||Advertising|and marketing|||||64,752|654||65,406|
||||||||534,756|5,402||540,158|
||ANALYSIS|OF GOVERNANCE||||COSTS|||||
||Legal and professional||||||||14,739|14,739|
||Auditors<br>remuneration||||||||6,600|6,600|
||Apportionment<br>ofpremises|||costs|||||6,000|6,000|
||||||||534,756|5,402|27,339|567,497|
||NET INCOME FOR THE|||YEAR|||||2022|2021|
||Auditors<br>remuneration||||- Audit||||6,900|6,600|
||||||- Other services (consultancy)||||102|1,577|
||Depreciation|oftangible fixed|||assets||||37,626|50,481|
||Amortisation|ofintangible||fixed assets|||||70,706|122,123|



|ofthe financial<br>statement|s.||||
|---|---|---|---|---|
|ANALYSIS OF STAFF|COSTS AND REMUNERATION|OF|2022|2021|
|KEYMANAGEMENT|PERSONNEL||||
|Salaries and wages|||603,359|529,582|
|Social security costs|||43,417|34,849|
|Pension contributions|||33,733|32,772|
||||680,509|597,203|





|The average|weekly number ofstaff employed|by the charity during the year were:|2022|2021|
|---|---|---|---|---|
|Charitable<br>activities|||25|20|
|Management|and Administration||2|2|
||||27|22|



## 

|INTANGIBLE FIXEDASSETS|INTANGIBLE FIXEDASSETS||Course||
|---|---|---|---|---|
|FOR THE|YEAR ENDED 30TH JUNE 2022|Goodwill|Development|Total|
|COST OR|VALUATION||||
|Balance at|1st July 2021|301,166|699,366|1,000,532|
|Additions|||25,787|25,787|
|Balance at|30th June 2022|301,166|725,153|1,026,319|
|AMORTISATION|||||
|Balance at|1st July 2021|198,768|637,705|836,473|
|Charge for|the year|25,599|45,107|70,706|
|Balance at|30th June 2022|224,367|682,812|907,179|
|NET BOOK VALUE as at 30th June 2022||76,799|42,341|119,140|
|INTANGIBLE FIXEDASSETS|||Course||
|FOR THE|YEAR ENDED 30TH JUNE 2021|Goodwill|Development|Total|
|COST OR|VAI,UATION||||
|Balance at|1st July 2020|301,166|671,586|972,752|
|Additions|||27,780|27,780|
|Balance at|30th June 2021|301,166|699,366|1,000,532|
|AMORTISATION|||||
|Balance at|1st July 2020|173,169|541,181|714,350|
|Charge for|the year|25,599|96,524|122,123|
|Balance at|30th June 2021|198,768|637,705|836,473|
|NET BOOK VALUE as at 30th June 2021||102,398|61,661|164,059|
|TANGIBLE FIXEDASSETS||Leasehold|Equipment||
|YEAR ENDED 30TH JUNE 2022||Improvement|& Software|Total|
|COST OR|VALUATION||||
|Balance at|1st July 2021|30,073|319,254|349,327|
|Additions|||7,752|7,752|
|Disposals||(30,073)|(13,459)|(43,532)|
|Balance at|30th June 2022||313,547|313,547|
|DEPRECIATION|||||
|Balance at|1st July 2021|30,073|255,200|285,273|
|Charge for|the year||37,626|37,626|
|Eliminated|on disposal|(30,073)|(13,459)|(43,532)|
|Balance at|30th June 2022||279,367|279,367|
|NET BOOK VALUE as at 30th June 2022|||34,180|34,180|





## 

## 

|9a.|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS|Leasehold|Equipment||
|---|---|---|---|---|---|
||YEAR ENDED 30TH JUNE 2021||Improvement|& Software|Total|
||COST OR VALUATION|||6||
||Balance at 1st July 2020||30,073|301,695|331,768|
||Additions|||18,665|18,665|
||Disposals|||(1,106)|(1,106)|
||Balance at 30th Junc 2021||30,073|319,254|349,327|
||DEPRECIATION|||||
||Balance at 1st July 2020||30,073|205,825|235,898|
||Charge for the year|||50,481|50,481|
||Eliminated<br>on disposal|||(1,106)|(1,106)|
||Balance at 30th June 2021||30,073|255,200|285,273|
||NET BOOK VALUE as at|30th June 2021||64,054|64,054|
|10.|STOCKS|||2022|2021|
||||||f.|
||Finished goods and goods|for resale||10,436|16,682|
||DEBTORS|||2022|2021|
|||||f||
||Trade debtors|||46,445|29,579|
||Prepayments<br>and accrued income|||20,192|18,338|
||Other debtors|||65||
|||||66,702|47,917|
|12.|CREDITORS.'AMOUNTS|FALLING DUE W1THIN ONE YEAR||2022|2021|
||Trade creditors|||32,930|119,504|
||Other creditors|||17,231|16,865|
||Accruals and deferred income|||49,864|85,564|
|||||100,025|221,933|
|13.|PROVISIONS FOR LIABILITIES|||2022|2021|
||||||f.|
||Balance brought<br>forward|||123,268|128,269|
||Movement<br>in provision|||(13,238)|(5,001)|
||Balance carried forward|||110,030|123,268|





## 

## 

|14.|ANALYSIS OF CHARITABLE FUNDS|Brought||||Carried|
|---|---|---|---|---|---|---|
||YEAR ENDED 30TH JUNE 2022|Forward|Income|Expenditure|Transfers|Forward|
|||g|f||||
||UNRESTRICTED FUNDS||||||
||Genera! funds|757,840|1,331,599|1,216,301||873,138|
||RESTRICTED FUNDS||||||
||Open University|2,690||2,690|||
||TOTAL FUNDS|760,530|1,331,599|1,218,991||873,138|
|14a.|ANALYSIS OF CHARITABLE FUNDS|Brought||||Carried|
||YEAR ENDED 30TH JUNE 2021|Forward|Income|Expenditure|Transfers|Forward|
|||6|||||
||UNRESTRICTED FUNDS||||||
||General Rnds|535,092|1,520,109|1,297,361||757,840|
||RESTRICTED FUNDS||||||
||Open University||6,250|3,560||2,690|
||TOTAL FUNDS|535,092|1,526,359|1,300,921||760,530|



||Restricted|fund purpose:||||||
|---|---|---|---|---|---|---|---|
||Open University<br>- funding||received towards|ajoint project with Open University|for geography|to produce a new||
||geography|A-Level.||||||
|15.|ANALYSIS OF NET ASSETS BETWEEN|||FUNDS|2022|2022|2022|
||YEAR ENDED 30TH JUNE 2022||||Unrestricted|Restricted|Total|
||||||Funds|Funds|Funds|
|||||||f|f|
||Intangible|fixed assets|||119,140||119,140|
||Tangible|fixed assets|||34,180||34,180|
||Current<br>assets||||929,873||929,873|
||Creditors|due within<br>one|year||(100,025)||(100,025)|
||Provision|for liabilities|||(110,030)||(110,030)|
||||||873,138||873,138|
|15a.|ANALYSIS OF NET ASSETS BETWEEN|||FUNDS|2021|2021|2021|
||YEAR ENDED 30TH JUNE 2021||||Unrestricted|Restricted|Total|
||||||Funds|Funds|Funds|
|||||||f||
||Intangible|fixed assets|||164,059||164,059|
||Tangible|fixed assets|||64,054||64,054|
||Current<br>assets||||874,928|2,690|877,618|
||Creditors|due within<br>one|year||(221,933)||(221,933)|
||Provision|for liabilities|||(123,268)||(123,268)|
||||||757,840|2,690|760,530|





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|||2022|2021|
|---|---|---|---|
|Net movement<br>in|funds|112,608|225,438|
|Addi Depreciation||37,626|50,481|
|Add. Amortisation||70,706|122,123|
|Decrease/(increase)|in stocks|6,246|(1,702)|
|(Increase)/decrease|in debtors|(18,785)|6,097|
|(Decrease)/increase|in creditors|(135,146)|6,149|
|||73,255|408,586|



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||Land &.Buildings||
|---|---|---|
||2022|2021|
|In less than one year|30,000||
|More than one year|120,000||
||150,000||