## 



## 

## 

|Trustees|Revd Loraine Mellor|(Chair)|||
|---|---|---|---|---|
||Stephen<br>Holliday (Vice-Chair)||||
||Revd Ashley Cooper|(Principal)|||
||Ashley France||||
||Revd Mark Hammond|(appointed||1 September|
||2021)||||
||Matthew Lee||||
||Revd Leslie Newton<br>(appointed<br>1 September 2021)<br>Rsvd Rsj Patta (appointed 1.September 2021)||||
||Joan Ryan||||
||Revd Paul Smith||||
|Charity number|529386||||
|Principal address|Cliff College||||
||Calver||||
||Hope Valley Derbyshire||||
||6323XG||||
|Auditors|Hawsons<br>Chartered|Accountants|||
||Statutory<br>Auditor||||
||Pegasus House||||
||463a Glossop Road||||
||Sheflield||||
||S102QD||||
|Bankers|HSBC||||
||Belgravia Branch||||
||The Peak||||
||333Vauxhall<br>Bridge|Road London|||
||SW1V1EJ||||
|Solicitors|Graysons<br>Solicitors||||
||Courtwood<br>House||||
||Silver Street Head||||
||Sheffield||||
||S12DD||||





## 

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||Page|
|---|---|
|Trustees'<br>report|1=6|
|'Statement oftrustees'<br>responsibilities||
|Auditor's, report|8.=10|
|Consolidated<br>statemerit offinancial activities||
|Cfrartty statement offinancial. activities|12|
|Conselldated<br>balance sheet||
|,charity balance sheet||
|Consolidated<br>cash flow statement|16|
|Notes to.the accounts|1,8-32|





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CLIFF COLLEGE
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF CLIFF COLLEGE
Audit procedures perfomied by the engagement team induded:
Discussions wth management and those resrKJnsible for18gal compliance procedures wthin the parent
charitable company lo obtain an understanding of the legal and regulatory framework applicable to the
charily and how the charity complies with Ihatframework. including consideration of known orsuspected
instances of non•compliance wth laws and regu18tions 8nd frau¢J;
Reviewng minutes of Trustee meetings.,
Identrfwng and 8ssessing the design effectiveness of controts that managemant has in pla￿ to prevenl
and delect fraud and non-compliance wilh laws and regulations-
Challenging assumptions and judgements made by management in their slgnfficanl accounting
estimates.
Identifwng and testing joumal entries. in partieJJlar any joum81 entries posted wih unusual account
combinations or posted by senior management.
There are inherent limitations in the aLKlit procedures described above 8nd the more removad non-compliance
with laws and regulations is from the events and transactions reflected in the financial statements. the less likely
we are lo become aw8re of it. Also, the risk of not detecting a material misstatement due to fraud is higher than
the risk of not delecling one resulting from error. as fraud may involv8 deliberat8 concealment by, for example,
forgery or intentional misrepresentations. or through collusion.
A further description of our responsibilities is available on the Financial Reporting Council's website at
www.frc.org.uklaLtdttorslaudit-assuran¢elaudilor-s-responsibilities-for-the-audit-of-Ihe-fildescription4of-the-
8uditorfs-responsibililies-for. This description forms part of our auditor's report.
Uso of our report
This report is made solely to the than￿$ trustees. as a bcxly. in accordance with Part 4 of the Charities
{Accounls and Reports) Regulations 2008. Our audit woik has been undertaken so thal we might state lo the
Charit￿$ trustees those matters we are required lo slate to them in an audilorfs report 8nd for no olher purpose.
To the fullest extent pemiitted by law, we do nol accept or assume responsibility lo anyone other than the charity
and the charitvs trustees as a bcKly, for our audil worf(, for this report, or for the opinions we have fomied.
Hawsons Chartered Accounlanls, Slalulory Auditor
Pegasus House
463a Glossop Road
Sheffield
S102QD
L loi3
rQ
Hawsons Chart&red Accountants is aligible to ad as an auditor in tem]s ofseCt￿n 1212 ofthe Companies Act
2006.
io

## 

## 

||||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
|||Note|Funds|Funds|Funds|2022|2021|
|Income from:||||||||
|Donations and<br>legacies|||680,577|126,129||806,706|1,002,450 .|
|Charitable<br>activities|||706,491|||706,491|580,127|
|Other trading<br>activities|||332,062|||332,062|244,978|
|Investments|||6,838|||6,838|3,691|
|Other|||205,337|||205,337|88,372|
|Total income|||1,931,305|126,129||2,057,434|1,919,618|
|Expenditure<br>on:||||||||
|Charitable<br>activities||7|1,871,314|266,905||2,138,219|1,885,408|
|Other|||599,025|||599,025|465,121|
|Total expenditure|||2,470,339|266,905||2,737,244|2,350,529|
|(Losses)lgains<br>on<br>investments||12|~(36,576||(48g)|(37,065)|17,625|
|Net (expenditure)/income|||(575,610)|(140,776)|(489)|(716,875)|(413,286)|
|Transfer between|funds||470,239|(92,280)|(377,959)|||
|Other recognised|gains I|||||||
|(losses)||||||||
|Gains on revaluation|of|||||||
|fixed assets|||215,000|||215,000|536,273|
|Net movement<br>in funds|||109,629|(233,056)|(378,448)|(501,875)|122,987|
|Fund balances brought<br>forward|||10732,510|390350|394300|11,517,160|'11,394,173|
|Fund balances carried||||||||
|forward|||10,842,139|157,294|15,852|11,015,285|11,517,160|





## 

## 

|||||Unrestricted|Restdcted||Endowment||Total||Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||Note|Funds|Funds||Funds||2022||2021|
|income from:||||||||||||
|Donations<br>and||||||||||||
|lagac196||||680,5?7|126,129||||806;706|1,002,4'50||
|Ch@ritablq dctlvltlsa|||3|706,491|||||70'6,491||580,1'27|
|Other trading<br>a'ctlvttlas|||4|2,01,0|||||2,010|||
|.Invsstmsiits|||5|6,838|||||6;838||.3,69"I|
|Othe)'|||6|295,337|||||295,537||142,622|
|'Total income<br>'||||1,691,259|126,129||||1,817,382|1,728,890||
|Expenditure<br>on:||||||||||||
|Charitable<br>activities.|||7|1,871,314|266,905||||2,138,'219|1 885,408||
|O'ther||||.398i283|||||398,283||366rl7ti|
|Total expenditure||||2,'268,59?|266,905,||||2,536,502|2,251,,579,||
|(Losses)/gains<br>on||||||||||||
|investments|||12|(36,876)|||(499)||(37,0,65)||1'7',625|
|Net (expenditure)/income||||(814,920)|(140;776)||(4'89)||(756,195)|'|(505,86'4)|
|Transfer between funds||||470,239|(92,280)||(377,959)|||||
|Other recognised gains||l,||||||||||
|(losses)||||||||||||
|Gains on rsvaluatlaii<br>fixed:asgsta|of|||215,000|||||215,000||536,273|
|Nst movement<br>ln funds||||70,3'19|(233,056)||(378;448)||(541,185)||.31,209|
|Fund balances brought<br>forward||||10,811,145|390,,350||394,300||11,595,795|11,564,586||
|Fund balances carried<br>forward||||10;881,4'64|157,29'4|'|15,852|'|11,054,610|11,595,795||





## 

## 

|||||As Restated|
|---|---|---|---|---|
|||Note|2022<br>f|2021<br>f|
|Fixed assets|||||
|Tangible assets||11|10,845,922|10,672,934|
|Investments||12|15,852|494,402|
||||10,861,774|11,167,336|
|Current assets|||||
|Debtors||13|332,491|567,982|
|Cash at bank and in|hand||196,035|254,734|
||||528,526|822,716|
|Creditors: amounts|falling due within one year|14|(235,015)|(304,892)|
|Net currents assets|||293,511|517,824|
|Total assets less cifrrent liabilities|||11,155,285|11,685,160|
|Creditors: amounts|falling due after mors than one|15|(140,000)|(168,000)|
|year|||||
|Net assets|||11,015,285|11,517,160|
|Capital funds|||||
|Endowment<br>funds||17|15,852|394,300|
|Income funds|||||
|Restricted funds||18|157,294|390,350|
|Unrestricted<br>funds General|||10,842,139|10,732,510|
||||11,015,285|11,517,160|



## 



## 

|||||As Restated|
|---|---|---|---|---|
|||Note|2022|2021|
||||8|E|
|,Fined assets|||||
|Tangible assets||11|10,885,922|10„872,934|
|Invssfments||12|'15,852|494,402'|
||||1'0,,861,774|11,187,336|
|Current assets|||||
|Debtors||13|396,994|630&329|
|Gash at bank and in|hand||153,057|220,188|
||||550;051||
|Creditors<br>amounts|'falling due within one year|14|(217,215')|(253;973)|
|Net currents assets|||362,836|596,859|
|Total assets less currerit liabilities|||11,194,810|11,783,796"|
|Creditors: amounts<br>year|falgng due after more th'an on'e|18|(140,000')|(186,000)|
|Net assets|||11,054,610|11,595,795|
|'Capital funds|||||
|Endowmsntfunds|||15;852|394;300|
|income funds|||||
|Rsstdcted funds|||157,294|390,350|
|Unrestricted<br>funds General|||10,881)464|10,811,145|
||||'11,054,610|11,585,795|






## 

## 

|||||Notes|2022|2021|
|---|---|---|---|---|---|---|
||||||6|6|
|Cash flow from operating|activities|||21|(424,260)|(205,385)|
|Cash flow from investing|acflvities||||||
|Payments<br>to acquire tangible||fixed assets|||(49,287)|(36,350)|
|Receipts from sale ofinvestments<br>Interest received<br>interest<br>paid|||||441,485<br>6,838<br>~(5,475|70,000<br>2,326<br> ~0,302(|
|Net cash flow from investing||activities|||393,561|29,674|
||||||(30,699)|(175,711)|
|Cash flow from financing|activities||||||
|Bank loan repayments|||||~(28,0DO|,(28,000)|
|Net cash flow from financing||activities|||(28,000)|(28,000)|
|Net (decrease) in cash and cash equivalents|||||(58,699)|(203,711)|
|Cash and cash equivalents|at|beginning|ofyear||||
||||||254,734|458,445|
|Cash and cash equivalents||at end ofyear|||196,035|254,734|





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## 

## 

## 

## 



## 

## 



## 

|2|Donations|and legacies|and legacies|and legacies|||Group and|Charity||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|Total|
|||||||Fund|Fund|2022|2021|
|||||||6|6|6|6|
||Donations|and gifts||||60,182||60,182|65,701|
||Legacies receivable|||||162,303||162,303|144,699|
||DMLN grant||from the Methodist||Church|425,096||425,096|386,926|
||Global Partnership|||income|||126;129|126,129|113,500|
||Other grants|||||32,996||32,996|291,624|
|||||||680,577|126,129|806,706|1,002,450|
||For the year||ended|31 August|2021|843,950|158,500||1,002,450|
|||||||||2022|2021|
|||||||||6|8|
||Legacies|receivable||||||||
||Unrestricted||funds|||||||
||SBritton|||||||90,000||
||AWheeler|||||||20|73,900|
||P Stephens|||||||72,283|60,000|
||LKKeow||||||||5,055|
||A Moden||||||||5,639|
||STaylor||||||||105|
|||||||||162,303|144,699|



|3|Charitable<br>activities|Group||Charity||
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
||||8|6|6|
||Student fees|638,308|580,127|638,308|580,127|
||Festival Income|68,183||68,183||
|||706,491|580,127|706,491|580,127|
|4|Other trading activities|Group||Charity||
|||2022|2021|2022|2021|
|||6|6||6|
||Trading income|332,062|244,978|2,010||





## 

## 

## 

|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|5|Insestmsnt<br>Inoome|||||Group'and|Charity|||
||||Unrestricted|||Restricted||Total|Total|
|||||Funds||Funds||2022|12021|
||||||8|8||2|8|
||Central, Finance Board Funds|||6,838||||6,838|2,326|
||Other inyestme'nt|in'come|||||||1386|
||||||||||3,691|
||Forthe year ended 31 August||2021|3,69'1|||||3,891|
|8|Other income|||Group||||Charity||
|||||2022<br>8||2021<br>E||2022<br>8|2021<br>f|
||Rental Income|||201,337|~|691822|1897749||112,394|
||Other income|||4 00'0||28,760|1.25888||30228|
|||||205,337'||88;372|235 337||142.622|
|1|Charitable<br>expenditure|||||Group|and|Charity||
||||Unrestridted|Restricted||Endowment||Total|Total|
||||Funds||Funds|Funds||2022|2021|
|||||6|8|||8|.<br>8|
||Staff coals||758,569||62,835|||,821,404|776,079|
||Methodist Church||108,868||68,853|||173,681|115,303|
||stipsnds|||||||||
||Student ceuiss costs||1'81,901||30,284|||1.92,171|174,68'1|
||FestNsl costs<br>'Global Partnership|costs,|101,81.7||68,733|||1016817<br>66,733|24,447<br>81',4f6'|
||The'ology, X P'laiform codts||||40,120|||40,120|131'4636|
||Otlier|||||||94,942|73813|
||||17224,003||266,905|||1,49'0,908|1,377,181|
||Share ofsupport|coats|64733'11|||||647,311|608,227|
||(seh 'note 8)|||||||||
||||1,87'I', ,314||286,80'5|||21352411|1,S85468|
||Forthe year ended 31||-1;62'I',581||'283,327||||1',885;408|
||August 2021|||||||||





## 

## 

## 

|Allocation of|support costs||Group and Charity||
|---|---|---|---|---|
|||Charitable|Other|Total|
|2022||6|6|6|
|Governance||32,492|10,831|43,323|
|Finance||42,736|14,245|56,981|
|IT||85,292|28,481|113,723|
|Property costs||89,970|29,990|119,960|
|Depreciation||68,478|22,826|91,304|
|Office costs||117,800|39,266|157,066|
|Irrecoverable|VAT|62,630|20,876|83,506|
|Other||147,913|49,305|197,218|
|||647,311|215,770|863,081|
|2021|||||
|Governance||20,624|6,874|27,498|
|Finance||49,463|16„488|65,951|
|IT||74,972|24,991|99,963|
|Property costs||75;280|25,094|100,374|
|Depreciation||44,828|14,943|59,771|
|Office 'costs||63,421|21,140|84,561|
|Irrecoverable|VAT|59,885|19,962|79,847|
|Other||119,754|39,917|159;671|
|||508,227|169,409|677,636|



## 



## 

## 

|10|Employees|Group||
|---|---|---|---|
|||2022|2021|
||Number ofemployees|Number|Numbel'|
||College|43||
|||Group,||
|||2022|2021|
||Employmsnt<br>costs|8||
||Yyages and salaries|1,092,814|1,034,32S|
||Soclalsecudtycosts|106,359|9'1,51'1|
||Other pension, cdsts|62,25'4|5&',529|
||Total staff costs|1,260,427|1,1&4i3&5|





## 

## 

||Tangible fixed assets|Tangible fixed assets|||Group|and Charity||||
|---|---|---|---|---|---|---|---|---|---|
|||||Land||Plant,|.|||
|||Investment<br>Properties|and<br>Buildings||Computer<br>Equipment|Equipment<br>6Furniture|Motor<br>Vehicles||Total|
||Cost or|||||||||
||valuation|||||||||
||At 1 September<br>2021|4,095,000|6,516,000||354,559|461,533||19,700|11,446,792|
||Additions||||24,934|24,353|||49,287|
||Revaluatiori|215,000|||||||215,000|
||At 31 August<br>2022|4,310,000|6,516,000||379,7493|485,886||19,700|11,711,079|
||Depreciation|||||||||
||At 1 September<br>2021,||||316,094|446,394||11,370|773,858|
||Charge forthe|||46,190|35,692|8,743||674|91,299|
||year|||||||||
||At 31August<br>2022|||46,190|351,786|455,137||12,044|865,157|
||Net book value|||||||||
||At 31August<br>2022|4,310,000|6,469,810||27,707|30,749||7,656|10,845,922|
||At31 August<br>2021|4,095,000|6,516,000||38,465|15,139||8,330|10,672,934|
|Investment<br>Properties||included<br>'at valuation||had a historical cost ofK1,778,218(2021:f1,778,218)with||||||
|accumulated<br>depreciation<br>off80,973.(2021:f80,973). <br>cost of67,002,187(2021:f7,002,187)with accuin'ulated|||||Land and buildings<br>included at valuation<br>had a historical<br>depreciation<br>of E1,312,628(2021:f1,266,438).|||||



## 



## 

|12|Fixed asset investments|Fixed asset investments|Fixed asset investments|Fixed asset investments|Fixed asset investments|||||Group and Charity|Group and Charity|Group and Charity|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||CFB<br>'|CFB||||
||||||||||Managed||hllanaged||||
|||||||||||mixed|fixed||||
|||||||||||fund|Interest|||Total|
|||||||||||8|8||||
||Market value at||1 September 2021||||||160,974||333;428|||494,402|
||Disinvestmsnts<br>Change<br>in value||iri the||year|||(187,494)<br>~8,075|||'(304,018)<br>~28,SSS||(44144'&6)<br>~87085||
||Market value at||31August'2022|||||||15,405,|447'|||15„852|
||'the custodian|trustees||||are the|Trustees|for the Methodist||Cennexienal|Fund's (Registered)|||snd the|
||Trustees<br>for. Methodist||||Church||Purposes.|The market<br>value||of the investments<br>hss, been|||provldisd<br>by,||
||the:Trustees foi'||Methodist<br>Ch'urch Purposes (TMCP).||||||||||||
|||||||||Group||||Charity|||
|13|D'ebtora|||||||2022||2021|2022|||2021|
|||||||||||6|8|.||6|
||Trade deb'tore|||||||'l114460||199;338|46,456|||109,91'3|
||Amounts<br>owed||by greup|||undertakings|||||129,527|||15"l,772|
||Other 'debtors|||||||174,929||316;475|174,829|||318,475|
||Prepayments|and accrued Inceme||||||46082||50169|48 08'2|||60169|
|||||||||332.'491||567,962|396;994|||630,829|
|14|Creditors; amounts|||falling. due within|||||||||||
||one year|||||||Group||||Charity|||
|||||||||'2022||2021|2022|||'2021|
|||||||||8||6||||8|
||Trade creditors|||||||1'18,991||145,562'|114,161|||116;458|
||Thx and social|secur8'y|||costs|||39,307||39,085|'26,097'|||22,319|
||0'ther, crediters|||||||9,193||43;766|9,193|||38,667|
||Bank loan|||||||28;000||26,000|28,000.|||28,000|
||Aceruala and deferred||||income|||41,524||46,509|50;774|||48;509|
|||||||||235;015||304,892|217,216|||258 878|
|5|Creditors: amo'unts|||falgng due after||||2022|.|2021|2022|||2081|
||more than one||year||||||||||||
||Bank Loan|||||||140,000||168860|140,0011|||168,800|





## 

## 

## 

||||||2022|2021|
|---|---|---|---|---|---|---|
|Discount rate|||||3.9|1.7|
|RPI inflation|rate||||3.5|3.5|
|CPI inflation|rate||||3.0|2.8|
|Rate ofincrease||in pensionable||earnings|3.0|2.8|
|Rate ofincrease||in pension|payments||2.3/3 4/5.0|2.3/3.3/5.0|



|||31August|31 August|
|---|---|---|---|
|||2022|2021|
|||12|44|
|Equities||||
|Corporate bonds||37|5|
|Property||10|8|
|Cash||16|g|
|Liability driven|investment|20|30|
|Annuities||5|4|



||||Fmillion|
|---|---|---|---|
|Total market value ofassets|||70.0|
|Present value|ofscheme|liabilities|66.9|
|Net overfunding|in Scheme||3.1|
|Unrecognised|assets||(31)|
|Net Defined Benefit Asset|||0.0|





## 

## 



## 

## 

## 

## 

||Balance at||||Investment|Balance at|
|---|---|---|---|---|---|---|
||1 September||||gains/|31August|
||2021f|Incomef|Expendituref|Transfersf|(losses)f|2022f|
|General|12,268|||(2,799)|,(490)|8,979|
|Library|3,475|||(3,475)|||
|Ministerial|11,710|||(11,710)|||
|Perpetuated|3,256|||(3,256)|||
|subscriptions|||||||
|Student fees|.189,780|||(189,780)|||
|Studentfees|146,592|||(146,592)|||
|(3"party|||||||
|interest) .|||||||
|Student prizes|18,598|||(11,726)||6,873|
|Trekkers|8,621<br>394,300|||(8,621)<br>~577,959|~4592|45,952|
||Balance at||||Investment|Balance at|
||1 September||||gains/|31August|
||2020f|Income|Expendituref|Transfers|(losses)f|2021<br>.f|
|General|10,782||||1,486|12,268|
|Library|3,539||||(64)|3,475|
|Ministerial|11,936||||(226)|11,710|
|Perpetuated|3,319||||(63)|3,256|
|subscriptions|||||||
|Student fees|226,744|||(35,000)|(1,964)|189,780|
|Student fees (3"|123,856||||22,736|146,592|
|party interest)|||||||
|Student prizes|18,067||||531|18,598|
|Trekkers|8,787||||(166)|8,621|
||407,030|||(35,000)|22,270|394,300|





## 

## 

## 

## 

|The intmme funds of th'e,charity include restricted funds colnPrising.|The intmme funds of th'e,charity include restricted funds colnPrising.|The intmme funds of th'e,charity include restricted funds colnPrising.|The intmme funds of th'e,charity include restricted funds colnPrising.|The intmme funds of th'e,charity include restricted funds colnPrising.|ths following|uneXpsctsd|balances|of||
|---|---|---|---|---|---|---|---|---|---|
|donations|and grants held on:trust forspecific purposes.|||||||||
|||As restated||||||||
|||Balance at|Income|Expenditure|Transfers|Investment||Balance||
|||1Siptember||||Gains/||31|August|
|||2021||||(Icsees}|||, 2022|
|||8|6|8|8||6||8|
|Global Psrtnemhip||48;256|116 l29|(88,894)'|6,871||||81,86'I|
|Bbrsary Fund.||47,404|- .|(21,614)|||||25,790|
|Welfare Fund||27.,845|||||||27,645,|
|World MBsion||6,371|||(6,871I)|||||
|Support Fund||||||'||||
|The Story Project||29,831|||(29,631')|||||
|Theology XProject||166,12'1|1.0.000|(113;472)|(62,649)|||||
|Evangelhtio<br>Funds||42,925||(42,926)||||||
|Gther||'21,798|||||||21,798|
|||390,350|12'6,129|(266,906)|(92,280}||||157,294|
|As restated,<br>,(sie note 19)||||||||||
|||Balance at<br>1Sep'tsmber|Income|Expenditure|Transfers|- Investment<br>gitnsl||Balance,at.<br>31Agguit||
|||2020<br>8|8|8||(losses)<br>8|||2921<br>8|
|Global Partnsmydp||56,689|113,500|(191,,944)|||||48I255|
|Bursary Fund||28,722-||(18,775)|35,000|'(543)|||47,4.04|
|Welfare Fund||27,'845|||||||27,SSS|
|World Mission||Sr371|||||||6,871|
|Fund supped||||||||||
|Ths Story Project||29,831|||||||28,661|
|Theology XPre}est||390,069|45,000|(268,948)|||||1,66,121|
|Evangelistib<br>Fuhds||80,715||(38,050)||(2,790)|||42,'925|
|Other||21,79S|||||||2'1798|
|||641,850|158,600|(441,667)|35,000|(3 3'33}||390&350||





## 

## 

## 

## 

## 

## 



## 

|Analysis|'of n'et assets|betwee|n funds||||
|---|---|---|---|---|---|---|
|2022|||Unrestricted|Restricted|Endowment|Total|
||||Funds|funds|funds|2022|
|Chaffty||||6|6||
|'Tangible|fixed asests||10,846,922|||10,845,922|
|liivesbn|ants||||16,852|.15,852|
|Nst current assefa,|||175,842|157,294||332,036|
|Creditor|greater than ens||'(140,000)|||(140;0'00)|
|year|||||||
||||10,8'8'1,464|157,294|15;852|11,054,61.0|
|Clltf College Outreach||Ltd|||||
|Net current assets|||(39,3'25)|||(39,325)|
|Group|||10,842,139|157,294|15;852|11,010,285|
|As restated|||||||
|2021|||Udrsitrlcted|Restrtcted|EndoWmeiit|Total|
||||funds|funds|furids|2021|
|Charity|||8||6|6|
|Tahglble|fixed Sssits||10,672,934|||10,672,934|
|lhVSSthisnts|||68,079|109;200|277,123|494;402|
|Nst current assets|||23'8,,132|241,150|117,177|596:,459|
|Creditor|greater than one||(166,000)|||(169000)|
|year|||||||
||||10,611,145|390,3'50|394,300|11,595,795|
|Cliff College Outreaoh||Ltd|||||
|Net curreht assets|||(78,636)|||(78,636)|
|Group|||10,732,510|390,350|304,300|11,517;160|





## 

||||||Group||
|---|---|---|---|---|---|---|
|21|Reconciliation<br>ofnet <br>operating<br>activities|(expenditure)||to net cash flow from|2022<br>6|2021|
||Net (expenditure)<br>for|the year|||(716,875)|(413,286)|
||Interest receivable||||(6,838)|(2,326)|
||Interest payable||||5,475|6,302|
||Losses/(gains)<br>on investment||||37,065|(17,625)|
||Depreciation<br>on tangible fixed||assets||91,299|59,771|
||Decrease<br>in debtors||||235,491|160,187|
||(Decrease) Increase|in creditors|||(69,877)|1,592|
||Net cash flow from operating||activities||(424,260)|(205,385)|



## 

|||||Group||
|---|---|---|---|---|---|
||||2022||2021|
||||8||6|
|Within|one|year|267||800|
|Within|two|to five years|||267|
|Total|||267||1,067|





## 

## 

## 

|||Cgff College|
|---|---|---|
|||Outreacii, Ltd|
|||8|
|Irum over||330,052|
|Cost ofsales||.(76,577)|
|Gross profit||253;478|
|Administrative|expens'es|.(218,165)|
|Other operatl'ng|Incom~|4;000|
|Pro6t forthe year||39,8'10|
|Debtors||65,024|
|Cash at bank and in hand||42;976|
|||108,002|
|Creditors||(147,327)|
|Net liabilities||~80:325|
|||82|