# # ## ## ||Reference and Administrative
Details||||| |---|---|---|---|---|---| |1-3|Trustees and Advisors||||| ||Operating
and Financial
Review||||| |4|Aims and Objectives||||| |5-10|Review of Activity - Financial
Review, Plans|||for the Future and Results|| |11-12|Statement of Public Benefit||||| |13|Corporate
Governance||||| |14|Responsibilities
ofthe Governing|Body and||Internal|Control| |15-17|Independent
Auditors'
Report||||| |18-26|Statement
of Principal Accounting||Policies||| |27|Consolidated
Statement
of Comprehensive|||Income and Expenditure|| |28|Statement ofChanges
in Reserves||||| |29|Consolidated
and College Balance||Sheets||| |30|Consolidated
Cash Flow Statement||||| |31-51|Notes tothe Financial Statements||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||oo|0|O
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IQ|| ## ## |onsolidated
and||Col|lege|Balance Shee|ts as at|30June 2021|||| |---|---|---|---|---|---|---|---|---|---| |||||||2021|2021|2020|2020| |||||||Consolidated|Coils e|Consolidated|Colts e| ||||||Note|6000|f000|6000|6000| |Non-current
Assets|||||||||| |Fixed assets||||||121,233|121,233|122,575|122,575| |Herita
eassets|||||||||| |Investments||||||134,574|134,574|109,397|109,397| |Total non-current|assets|||||255,807|255,807|231,972|231,972| |Current assets|||||||||| |Stocks|||||10|181|181|188|188| |Trade and other receivables||||||1,383|1,359|1,221|1,399| |Cash and cash e uivalents|||||12|10,447|10,436|18,959|18,695| |Total current assets||||||12,011|11,976|20,368|20,282| |Creditors: amounts||falling due within one|||13|(1,974)|(1,941)|(1,564)|(1,539)| |ear|||||||||| |Net current assets||||||10,037|10,035|18,804|18,743| |Total Assets less|current liabilities|||||265,843|265,842|250,776|250,715| |Creditors: amounts||falling due after more|||14|(25,149)|(25,149)|(25,281)|(25,281)| |than one
ear|||||||||| |Provisions|||||||||| |Pension
revisions|||||16|392|392|1,043|1,043| |Other
revisions|||||15|160|160|91|91| |Total net assets||||||240,142|240,141|224,361|224,300| |Restricted reserves|||||||||| |Income
and
expenditure||||reserve|17|98,899|98,899|87,936|87,936| |endowment
reserve|||||||||| |Income and expenditure|||reserve —restricted||18|6,333|6,333|5,618|5,618| |reserve|||||||||| |Unrestricted
Reserves|||||||||| |Income
and
expenditure||||reserve||134,910|134,909|130,807|130,746| |unrestricted|||||||||| |Total Reserves||||||240,142|240,141|224,361|224,300| ## ## |or the year ended 30J|une 2|021|||||||| |---|---|---|---|---|---|---|---|---|---| |||||||||2021|2020| ||||||||Note|'f000|8000| |Net cash inflow from o eratin||activities|||||20|3,218|2,560| |Cash flows from investin|activities||||||21|5,284|1,558| |Cash flows from financin|activities||||||22|641|14,720| |Increasel decrease) in cash and||cash|e uivalents||in the|ear||9,143|10,602| |Cash and cash e uivalents|at 5|innin|ofthe|ear||||25,276|14,674| |Cash and cash e uivalents|al end|ofthe|ear||||12 &9|16,134|25,276| ## ## ||Academic fees and|char|char|es||||||||||||||2021||2020|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||||||6000||6000|| ||Colic es fees||||||||||||||||||||| ||Fee income received|at|the Re||ulated||Under||||raduate||rate|||||1,189||1,058|| ||Fee income received|at|the Unre
ulated|||||Under|||raduate|||rate|||||335||382| ||Fee income received|at|the Graduate||||rate||||||||||||673||788| ||Other income||||||||||||||||||16||14| ||Cambrid
e Bursa|Scheme
restricted|||||||||||||||||153||94| ||Tote I|||||||||||||||||2,366||2,336|| ||Income from accommodation,||||caterin||||and||conferences|||||||2021||2020|| |||||||||||||||||||6000||6000|| ||Accommodation|||Colic e||members||||||||||||1,633||1,668|| |||||Conferences|||||||||||||||13||657| ||Catenn|||Colic e||members|||||||||||||321||639| |||||Conferences|||||||||||||||||388| ||Total|||||||||||||||||1,975||3,352|| ||Endowment
return|and||investment|||income|||||||||||2021||2020|| |||||||||||||||||||6000||6000|| |3a|Anal
sis||||||||||||||||||||| ||Total return contribution|||see note 3b|||||||||||||||||| ||Income from:||||||||||||||||||||| ||Land and buildin
s|||||||||||||||||1,964||1,914|| ||Securities|||||||||||||||||2,168||2,092|| ||Fixed interest securities||||||||||||||||||||| ||Income from short-term||investments||||||||||||||||||| ||Other interest receivable||||||||||||||||||||100| ||Tota I|||||||||||||||||4,143||4,106|| ||The total return
contribution
is||||calculated||||as|set out||in||the accounting||policy|on||||| ||reco
nition of income and endowment||||||return||||||||||||||| |3b|Summa
oftotal return||||||||||||||||||||| ||Income from:||||||||||||||||||||| ||Total Return
Drawdown|||||||||||||||||629||350|| ||Endowment
Return|and|investment|||Income||||||||||||4,143||4,106|| ||Gains/ losses
on endowment||||assets:||||||||||||||||| ||Land and bulldm
s|||||||||||||||||1,554|||47| ||Securities and cash|||||||||||||||||15,599||7,296|| ||Investment
mana
ement|||costs|see note||||3c||||||||||199|180|| ||Total return for ear|||||||||||||||||20,468||3,673|| ||Total return transferred||to income and||||ex||enditure|||reserve|||see note|3a||4,143||4,105|| ||Unapplied
total|return
for||||year|||included|||||within|Statement||of|16,325||l7,778)|| ||Comprehensive
Income|||and|Expenditure|||||(see note||||19)|||||||| ## ## |or t|he year end|ed 30|June 2|021||||| |---|---|---|---|---|---|---|---|---| |3c|Investment|mana|ement|costs||2021|2020|| |||||||6000|f000|| ||Land and buildin||s|||||| ||Securities|||||199||180| ||Other investments|||||||| ||Cash|||||||| ||Total|||||180||180| ||Education|ex enditure||||2021|2020|| |||||||f000|f000|| ||Teachin|||||1,424|1,239|| ||Tutorial|||||864||723| ||Admissions|||||710||570| ||Research|||||396||374| ||Scholarshi|s and|awards|||627||226| ||Other educational||facilities|||1,088|1,007|| ||Total|||||5,109|4,139|| ||Accommodation,||caterin|and conferences|expenditure|2021|2020|| |||||||f000|f000|| ||Accommodation||Colic|e members||4,178|3,303|| ||||Conferences|||22||868| ||Caterin||Colic|e members||1,024|1,092|| ||||Conferences|||16||413| ||Total|||||5,238|5,676|| ## |Anal
sis o|f202|0/202|1 e|x endit|ure
b
activit|||| |---|---|---|---|---|---|---|---|---| |||||||Staff
Other||| |||||||costs
operating||| |||||||note 7
ex enses|De reciation|Total| |||||||6000
f000|f000|f000| |Education|note|4||||2,485
2,274|349|5,109| |Accommodation,||calerin||and conferences||1,932
2,171|1,136|5,238| |Other||||||229
533||762| |Totals||||||4,646
4,978|1,485|11,109| |Expenditure|includes||fundraising||costs off102,553 and alumni
relations costs of||f102,432.|| ## |Notes|to the Accounts|to the Accounts|to the Accounts||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Forthe||ear ended 30June 2021|||||||||||||||||||||| |6b|Anal sis of 2019/2020||||ex enditure||b
activit||||||||||||||||| |||||||||||Staff|||Other||||||||||| |||||||||||costs|||operating||||||||||| |||||||||||note 7|||ex enses||De|reciation|||||Total||| |||||||||||E000|||EOOO|||EOOO|||||EOOO||| ||Education
note||4||||||||2,029||1,761|||||349||||4,139|| ||Accommodation,||caterin||and conferences||||||2,112||2,430||||1,134|||||5,676|| ||Other||||||||||213||544||||||||||757| ||Totals||||||||||4,354||4,735||||1,483|||||10,572|| |||Expenditure
includes||fundraising||costs ofE216,852||||and alumni||relations costs||of|F75,975||||||||| |6c||Auditors'
remuneration||||||||||||||2021|||||2020||| |||||||||||||||||FOOO|||||EOOO||| |||Other o cretin|ex enses include||||||||||||||||||||| |||Audit fees
a able to||the Colic||e's|external||auditors|||||||||26|||||25| |||Other fees
a able to||the Calle||e's|external||auditors||||||||||||||| |||Total||||||||||||||||26|||||| |||Staff costs|||||||||||Non-|||2021|||||2020||| |||||||||||Academic|||academic|||Total|||||Total||| |||Consolidated||||||||FOOO|||EOOO|||f000|||||EOOO||| |||Staff costs:|||||||||||||||||||||| |||Salaries|||||||||1,214||2,647||||3,861|||||4,|100| |||National
Insurance|||||||||88||208|||||296|||||311| |||Pension costs|||||||||297||193|||||490|||||57| ||||||||||||1,599||3,048||||4,647|||||4,354|| ||||||||Average staff|||numbers||2021|Average||staff||numbers|||2020|||| ||||||||Number of|||Full-time|||Number|||of||||Full-time|||| |||||||||Fellows||e|uivalents|||Fellows||||||e|uivalents||| |||Non-academic|||||||||||98
3||||||106||||| |||At the Balance|Sheet|date there||were||50 members||ofthe|Governing||Body. During||the year|||the|average|||number|| |||receivin
remuneration|||was the|52|shown above.||||||||||||||||| |||The number
ofofficers|||and employees|||ofthe College, including||||the|Head of House, who||||received|||remuneration|||| |||in the followin|ran es||was:||||||||||||||||||| |||||||||||||||2021|||||||2020||| |||||||||||||||Total|||||||Total||| |||E100,001 —E110,000|||||||||||||||||||||| |||Remuneration|includes||salary,|employer's|||national|insurance||contributions,||employer's|||pension||||contributions||| |||plus any taxable benefits either||||paid,||payable or provided,|||gross of||any salary|sacrifice arrangements.|||||||||| ## ## |o the Accounts
year ended 30June 2021|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Ke
mana
ement
ersonnel|||||||||2021||2020| |Key
management
personnel|are||those
persons|||having
authority||and|f000||f000| |responsibility
for planning,
directing||and||controlling|the|activities of the|College.|||I|| |The aggregated
remuneration|paid|to|key management|||personnel
consists of|||||| |salary,
employer's
national|insurance|||contributions,||employer's|pension||||| |contributions,
plus any taxable|benefits|||either paid,|payable
or provided,|||gross|||| |of any salary sacrifice arrangements.|||||||||||| |During
the
year,
remuneration|paid||to Trustees||in|their
capacity|as|Key|||| |Management
Personnel
were:|||||||||||| |A
re ated remuneration|||||||||1,323||1,255| ## ## |year ended|year ended|30June|202|1||||||| |---|---|---|---|---|---|---|---|---|---|---| |Fixed assets||||||||||| |||||Land and||Assets in|||2021|2020| |Consolidated||||buildin
s
f'000||construction
f000|E ui
ment
f000||Total
f000|Total
f000| |Cost or valuation||||||||||| |At be
innin|of|ear||145,376||||3,495|148,871|148,465| |Additions|||||143||||143|406| |Transfers|note|9||||||||| |Dis peals||||||||||| |At end of|ear|||145,519||||3,495|149,014|148,871| |De reciation||||||||||| |At be
innin|of|ear|||22,861|||3,436|26,297|24,813| |Char e for|the|ear|||1,455|||29|1,484|1,483| |Eliminated|on dis osals|||||||||| |Written|back||on|||||||| |revaluation||||||||||| |At end of|ear||||24,316|||3,465|27,781|26,296| |Net book value||||||||||| |At end of|ear|||121,203||||29|121,233|122,575| |At beginning
of||year||122,516||||59|122,575|123,651| |Colic e||||||||||| |Cost or valuation||||||||||| |At be
innin|of|ear||145,376||||3,495|148,871|148,465| |Additions|||||143||||143|406| |Transfers||||||||||| |Dis peals||||||||||| |At end of|ear|||145,519||||3,495|149,014|148,871| |De reciation||||||||||| |At be
innin|of|ear|||22,861|||3,436|26,297|24,813| |Char e for|the|ear|||1,455|||29|1,484|1,483| |Eliminated|on dis peals|||||||||| |Written|back||on|||||||| |revaluation||||||||||| |At end of|ear||||24,316|||3,465|27,781|26,296| |Net book value||||||||||| |At end of|ear|||121,203||||29|121,233|122,575| |At be
innin|of|ear||122,516||||59|122,575|123,651| |The insured
value offreehold||||land and|buildings|as at 30June|2021 was|f208,988,688|(2020:f205,900,185).|| ## ## ## ## |or th|e year|end|end|ed 3|0June 2021|0June 2021|0June 2021||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||Trade|and||other|receivables||||||||||||| |||||||||Consolidated|||Colic|e||Consolidated|Colic|e|| ||||||||||2021||2021|||2020|2020||| ||||||||||E000||FOOO|||f000|f000||| ||Members||ofthe Colic|||e||||104||104||58|||57| ||Amounts|||due|from||subsidiary||||||||||| ||undertakin|||s|||||||||||||| ||Other|receivables||||||||774||750||649||839|| ||Pre a|ments and accrued|||||income|||505||505||514||503|| ||Total|||||||||1,383|1,359|||1,221|1,399||| |12|Cash|and||cash|e uivalents||||||||||||| |||||||||Consolidated|||College|||Consolidated|Colts|e|| ||||||||||2021||2021|||2020|2020||| ||||||||||f000||EOOO|||FOOO|EOOO||| ||Short-term|||mone|market||investments|||9,019|9,019|||13,039|13,039||| ||Bank|de osits|||||||||||||||| ||Current accounts|||||||||1,428||1,417||5,919|5,655||| ||Cash|in hand|||||||||||||||| ||Total|||||||||10,447|10,436|||18,959|18,695||| |13|Creditors;|||amounts||fallin|due within|one|ear||||||||| |||||||||Consolidated|||Colic|e||Consolidated|Colic|e|| ||||||||||2021||2021|||2020|2020||| ||||||||||f000||f000|||f000|FOOO||| ||Bank|overdraft|||||||||||||||| ||Trade|creditors||||||||169||170||149|||148| ||Members|||ofthe|Calle|e||||248||248||257||257|| ||Amounts||due to||subsidia||undertakin|s|||||||||| ||Universit|||fees||||||56|||56|137|||137| ||Contribution
to Colic|||||es Fund||||46|||46|48|||48| ||Other|creditors||||||||214|||184|126|||102| ||Bankloans||||||||||||||||| ||Accruals and deferred|||||income||||1,241||1,237||847||844|| ||Total|||||||||1,974||1,941||1,564|1,539||| |14|Creditors:|||amounts||fallin|due after|more|than|one
ear|||||||| |||||||||Consolidated|||Colic|e||Consolidated|Colic|e|| ||||||||||2021||2021|||2020|2020||| ||||||||||f000||FOOO|||f000|f000||| ||Other|loans||||||||25,000|25,000|||25,000|25,000||| ||Bank|loan|||||||||||||||| ||Members|||ofthe|Colic|e||||149|||149|281|||281| ||Total|||||||||25,149|25,149|||25,281|25,281||| ## ## ## |orth|e year end|ed|30J|une|2021||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |15|Provisions||||||||||| |||||||Consolidated|Colts|e|Consolidated|Colic e|| |||||||2021|2021||2020|2020|| |||||||EOOO|EOOO||EOOO|EOOO|| ||Balance at|be|innin|of|ear|91||91|||| ||Char e to corn||rehensive||income|77||77|86||85| ||Utilised
in|ear|||||||||| ||Balance at end of|||ear||160||160|91||91| |16a|Pension|revisions —Cambrid|revisions —Cambrid|revisions —Cambrid|e|Colts|Colts|es Federated|es Federated|Pension Scheme|Pension Scheme|Pension Scheme|CCFPS||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Consolidated|||Colts|e|Consolidated|Colic|e| |||||||||2021|||2021||2020|2020|| |||||||||EOOO|||EOOO||E000|EOO|| ||Balance at be
innin||of ear||||||541|||541|236||236| ||Movement|in
ear|||||||||||||| ||Current|service
cost||including||life|||(39)|||(39)|(38)||(38)| ||assurance||||||||||||||| ||Contributions|||||||||19||19|23||23| ||Other finance
income /cost||||||||||||||| ||Actuarial|loss/(gain)||recognised|||in||775|||775|(290)||(290)| ||Statement|of Comprehensive|||Income||||||||||| ||and Ex enditure||||||||||||||| ||Balance at end of ear||||||||214|||214|(541)||541| |16b|Pension|revisions —Universities||||Su erannuation|||Scheme||USS||||| |||||||||Consolidated|||Colic|e|Consolidated|Colic|e| |||||||||2021|||2021||2020|2020|| |||||||||ZOOO|||E000||EOOO|EOO|| ||Balance at be
innin||of ear||||||502|||502|909||909| ||Movement|in
ear|||||||||||||| ||Current|service
cost||including||life|||||||||| ||assurance||||||||||||||| ||Contributions||||||||100|||100|421||421| ||Other finance
income /cost||||||||||||14||14| ||Actuarial|loss/(gain)||recognised|||in||||||||| ||Statement|of Comprehensive|||Income||||||||||| ||and Ex enditure||||||||||||||| ||Balance at end of ear||||||||609|||609|502||502| |16c|Pension|provisions —Church|||of|En|land Funded||Pension||Scheme|(CEFPS|||| |||||||||Consolidated|||Colts|e|Consolidated|Colic|e| |||||||||2021|||2021||2020|2020|| |||||||||EOOO|||E000||EOOO|EOO|| ||Balance|at be
innin||of ear|||||||||||| ||Movement|in
ear|||||||||||||| ||Current|service
cost||including|||life||||||||| ||assurance||||||||||||||| ||Contributions||||||||||||||| ||Other finance
income||/cost||||||||||||| ||Actuadial|loss/(gain)||recognised|||in||||||||| ||Statement|of Comprehensive|||Income||||||||||| ||and Ex enditure||||||||||||||| ||Balance|at end of ear|||||||||||||| ## ## |year ended 30Ju|ne 20|21||||| |---|---|---|---|---|---|---| |Endowment
funds||||||| |Restricted
net assets|relatin|to endowments|are as follows|||| |||Restricted||Unrestricted||| |||permanent||permanent|2021|2020| |Consolidated||endowments||endowments|Total|Total| |||EOOO||6000|EOOO|6000| |Balance at beginnin|of|ear||||| |Ca
ital|||32,551|55,385|87.936|94,390| |New donations
and endowments|||154||154|165| |Investment
Income:|Total|return|(214)|(402)|(616)|(341)| |reco nised
in the l&E||||||| |Expenditure:|Investment|||(199)|(199)|(180)| |Mana
ement costs||||||| |Increase/(decrease)|in|market|6.986|4.638|11.624|(6,023)| |value of investments||||||| |Transfer between
funds||||||75| |Balance at end of ear|||39,477|59,422|98,899|87,936| |Anal sis b t
e of purpose||||||| |Fellowshi
Funds|||19,451||19,451|16.081| |Scholarshi
Funds|||6,360|||5.258| |Prize Funds|||1,613||1,613|1,334| |Hardshi
Funds|||3,337||3,337|2,759| |Bursa
Funds|||4,837||4,837|3,913| |Travel Grant Funds|||1,219||1,219|1,007| |Other Funds|||2,660||2,660|2,199| |General endowments||||59,422|59,422|55,385| |Total|||39,477|59,422|98,899|87,936| |Anal sis b asset||||||| |Pro ert||||43,721|43,721|42,271| |Investments|||39,477|15,701|55,178|45,665| |Cash||||||| ## ## |or t|he year ended 30Ju|ne 2|021||||| |---|---|---|---|---|---|---|---| |17|Endowment
funds||||||| ||Restricted
net assets|relatin|to endowments|are as follows|||| ||||Restricted||Unrestricted||| ||||permanent||permanent|2021|2020| ||Colic e||endowments||endowments|Total|Total| ||||6000||OOOO|OOOO|f000| ||Balance at be
innin|of|ear||||| ||Ca
ital|||32,551|55,385|87,936|94,390| ||New donations
and endowments|||154||154|165| ||Investment
Income:|Total|return|(214)|(402)|(616)|(341)| ||reco nised
in the l&E||||||| ||Expenditure:|Investment|||(199)|(199)|(180)| ||Mana
ement costs||||||| ||Increase/(decrease)|in|market|6,986|4,638|11,624|(6,025)| ||value ofinvestments||||||| ||Transfer between
Funds||||||75| ||Balance at end of ear|||39,477|59,422|98,899|87,936| ||Anal sisb
t
eof|ur ose|||||| ||Fellowshi
Funds|||19,451||19,451|16,081| ||Scholarshi
Funds|||6,360||6,360|5,258| ||Prize Funds|||1,613||1,613|1 334| ||Hardshi
Funds|||3,337||3,337|2 759| ||Bursa
Funds|||4,837||4,837|3,913| ||Travel Grant Funds|||1,219||1,219|1,007| ||Other Funds|||2,660||2,660|2,199| ||General endowments||||59,422|59,422|55 385| ||Total|||39,477|59,422|98,899|87,936| ||Anal sis b asset||||||| ||Pro ert||||43,721|43,721|42,271| ||Investments|||39,477|15,701|55,178|45,665| ||Cash||||||| ## ## |or t|he year ended 30J|he year ended 30J|u|ne|202|1|||||| |---|---|---|---|---|---|---|---|---|---|---|---| |18|Restricted Reserves||||||||||| ||Reserves
with restrictions||||are as follows:||||||| |||||||||Permanent|||| |||||||||unspent|||| |||||||Capital||and other|Restricted||| |||||||grants||restricted|expendable|2021|2020| ||Consolidated|||||uns|ent|income|endowment|Total|Total| |||||||8000||f000|f000|6000|FOOO| ||Balance at beginnin|||of|ear||||||| ||Ca
ital|||||||1,854||1,854|1,247| ||Accumulated
income|||||||3,764||3,764|3,908| ||New
rants||||||||||| ||New donations|||||||247||247|209| ||Endowment
return|transferred||||||54||54|217| ||Other investment|income||||||13||13|| ||Increase/(decrease)||in|market||||427||427|16| ||value ofinvestments||||||||||| ||Transfer between|funds|||||||||29| ||Ex enditure||||||||||| ||Ca
ital
rants utilised||||||||||| ||Balance at end of||ear|||||6,333||6,333|5,618| ||Ca
ital|||||||2,394||1,394|1,854| ||Accumulated
income|||||||3,939||3,939|3,764| ||Analysis of other|restricted|||||||||| ||funds/donations|b|t|e of||ur ose|||||| ||Fellowshi
Funds|||||||1,414||1,414|1,366| ||Scholarshi
Funds|||||||515||515|727| ||Prize Funds|||||||300||300|253| ||Hardshi
Funds|||||||2,134||2,134|1,787| ||Bursa
Funds|||||||572||572|449| ||Travel Grant Funds|||||||90||90|61| ||Other Funds|||||||1.308||1,308|975| ||General||||||||||| ## |or t|he year ended 30Ju|he year ended 30Ju|ne||2021||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |18|Restricted
Reserves||||||||||||| ||Reserves
with restrictions||||are as follows:||||||||| |||||||||Permanent|||||| |||||||||unspent|||||| |||||||Capital||and other|Restricted||||| |||||||grants||restricted|expendable|2021||2020|| ||Calle e|||||uns|ent|income|endowment|Total||Total|| |||||||f000||f000|f000|f000||f000|| ||Balance at be
innin|||of|ear||||||||| ||Ca
ital|||||||1,854||1,854||1,247|| ||Accumulated
income|||||||3,764||3,764||3,908|| ||New
rants||||||||||||| ||New donations|||||||247|||247|209|| ||Endowment
return|transferred||||||54|||54|217|| ||Other investment|income||||||13|||13||| ||Increase/(decrease)||in|market||||427|||427||16| ||value of investments||||||||||||| ||Transfer between|funds|||||||||||29| ||Ex enditure||||||||||||| ||Ca
ital
rants utilised||||||||||||| ||Balance at end of ear|||||||6,333||6,333||5,618|| ||Ca
ital|||||||2,394||2,394||1,854|| ||Accumulated
income|||||||3,939||3,939||3,764|| ||Analysis ofother|restricted|||||||||||| ||funds/donations|b|t|e of||ur ose|||||||| ||Fellowshi
Funds|||||||1,414||1,414||1,366|| ||Scholarshi
Funds|||||||515|||515||727| ||Prize Funds|||||||300|||300||253| ||Hardshi
Funds|||||||2 134||2|134|1|787| ||Bursa
Funds|||||||572|||572||449| ||Travel Grant Funds|||||||90|||90||61| ||Other Funds|||||||1,308||1,308|||975| ||General||||||||||||| ## ## ## |19|Memorandum
of Unapplied
Total R|Memorandum
of Unapplied
Total R|Memorandum
of Unapplied
Total R|Memorandum
of Unapplied
Total R|eturn|eturn|eturn|||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||Included
within reserves the followin||||amounts|||re|resent the Una|lied Total Return ofthe|Colic e:|| ||||||||||||2021|2020| ||||||||||||EOOO|EOOO| ||Una
lied Total Return at be
innin||||of|ear|||||66,846|74,625| ||Una
lied Total Return for
ear||see||note 3b||||||16,325|7,779| ||Una
lied Total Return at end||of||ear||||||83,171|66,846| |20|Reconciliation
of consolidated||sur||lus for|||the|ear to net cash|inflow from o eratin|activities|| ||||||||||||2021|2020| ||||||||||||E000|E000| ||Sur lus/deficit
for the
ear||||||||||15,421|6,950| ||Ad'ustment
for non-cash
items|||||||||||| ||De reciation||||||||||1,485|1,483| ||Investment
income||||||||||3,514|3,756| ||Loss / ain on endowments,
donations|||||and investment
ro ert|||||17,152|7,249| ||Decrease/
increase
in stocks|||||||||||| ||Decrease/
increase
in trade and||other|||receivables|||||161|327| ||Increase/
decrease
in creditors||||||||||278|924| ||Increase/
decrease
in
revisions||||||||||69|84| ||Pension costs less contributions|||a|able||||||127|392| ||Forei
n Exchan
e movement||||||||||417|30| ||Ad ustment
for investin
orfinancin||||||activities|||||| ||Investment
income|||||||||||| ||Interest
a able||||||||||641|280| ||Profit on the sale of non-current|assets||||||||||| ||Net cash inflow from o eratin|||activities|||||||i3,217)|2,560| |21|Cash flows from investin
activities|||||||||||| ||||||||||||2021|2020| ||||||||||||EOOO|E000| ||Proceeds from sales of non-current|||fixed|||assets|||||| ||Non-current
investment
dis osal||||||||||317|4,831| ||Investment
income||||||||||3,514|3,756| ||Endowment
funds invested||||||||||8,972|9,739| ||Withdrawal
ofde baits|||||||||||| ||Pa ments made to ac uire non-current|||||assets|||||143|406| ||Total cash flows from investin|||activities|||||||5,284|1,558| |22|Cash flows from financin
activities|||||||||||| ||||||||||||2021|2020| ||||||||||||EOOO|E000| ||Interest
aid||||||||||641|280| ||Interest element offinance lease||rental||||a ment|||||| ||New unsecured
loans|||||||||||15,000| ||Re a ments ofamounts
borrowed|||||||||||| ||Ca
ital element offinance tease||rental||||a ments|||||| ||Total cash flows from financin|||activities|||||||641|14,720| ## ## |or t|he year ended 30June 2021|||| |---|---|---|---|---| |23|Anal sis ofcash and cash e uivalents|||| |||At||| |||beginning|Cash|At end of| |||of ear|flows|ear| |||f000|f000|f000| ||Bank overdrafts|||| ||Cash at bank and in hand|||| ||Net Funds|||| ## ## |ort|he year ended 30June 20|21||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |25|Financial
Instruments|||||||||||||| ||||||||||||2021||2020|| ||||||||||||EOOO||EOOO|| ||Financial assets|||||||||||||| ||Financial assels at fair value|throu||h|Statement ofCom rehensive||||income|||||| ||Listed e uit
investments|note|9||||||||84,431||60|199| ||Other investments|||||||||||||| ||Financial assets that are debt instrumenls|||||measured||al amortised|cost|||||| ||Cash and cash e uivalents|note||12&9|||||||16,134||25,277|| ||Other e uit
investments|||||||||||||| ||Other debtors
note 11||||||||||1,383||1,211|| ||Financial
liabilities|||||||||||||| ||Financial liabilities at fair value throu||||h Statement of|||Com rehensive||Income||||| ||Forward
farci
n currenc|contracts||||||||||||| ||Financial lia bi lilies
measured|at amortised||||cost||||||||| ||Bank overdraft|||||||||||||| ||Loans
note 14||||||||||25,000||25,000|| ||Trade creditors
note 13|||||||||||321||149| ||Other creditors
note 13& 14less|||above|||||||1,803||1,696|| |26|Ca
ital commitments|||||||||||||| ||||||||||||2021||2020|| ||||||||||||EOOO||EOOO|| ||Ca
ital commitments
at 30June 2020 are|||||as|follows:|||||||| ||Authorised
and contracted|||||||||||||| ||Authorised
but not
et contracted||for|||||||||||| ||Commitments
under finance leases||||entered||into but|not yet provided||for in the financial||||| ||statements|||||||||||||| ## |At 30Jun|e 2020|the|Colic e ha|d commitments
under non-cancella|ble
o eratin
leases as follows:|| |---|---|---|---|---|---|---| ||||||2021|2020| ||||||E000|EOOO| |Land and|buildin|s||||| |Ex irin|within one||ear|||| |Ex inn|between|two and five||ears||| |Ex irin|in over|five|ears|||| |Other||||||| |Ex irin|within one||ear|||| |Ex irin|between|two and five||ears||| |Ex inn|in over|five|ears|||| ## ## ## ## ## ## ## ## |year ending 30J|une|2021 (with compar|ative
fig|ures for the year ending 3|0June 2020) are as|follows:| |---|---|---|---|---|---|---| ||||||2021|2020| ||||||E|E| |Return on assets,|less interest
included||in Profit|and Loss|576,056|489,006| |Ex ected less actual||lan ex enses|||3,131|3,240| |Experience
aine|and|losses arising on|plan liabilities||61,516|3,375| |Changes
in assumptions
underlying||||||| |the
resent value|of|lan liabilities|||140,202|778,896| |Remeasurement|of|net defined benefit liabilit||reco nised in OCI|774,643|(289,755)| ## ## ## |Following
the 31 December 2018valuation,|Following
the 31 December 2018valuation,|a recovery|plan was|put in place until 31 December 2022 and the deficit| |---|---|---|---|---| |recovery contributions
(as a percentage|of|pensionable|stipends)|are as set out in the table below| |%ofpensionable
stipends||||January 2018to
January 2021to| |||||December 2020
December 2022| |Deficit repair contributions||||11.9%
7.1%| |||||2020|2019| |---|---|---|---|---|---| |Balance sheet liability at|1 January||||| |Deficit contribution
paid||||(1,000)|| |Interest cost (recognised|in SoFA)|||0|| |Remaining
change to the|balance sheet liability*|(recognised|in SoFA)|5,000|| |Balance sheet liability at|31 December (reported|for June 2021)||4,000|| ## ## |||December 2020|December 2019|December 2018| |---|---|---|---|---| |Discount rate
Price inflation
Increase to total pensionable|payroll|0.2%
3.1%
1.6%|1.1%pa
2.8% pa
1.3%pa|2.1%pa
3.1%pa
1.6%pa| ## ## ## ##