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|Contents||||Page|
|---|---|---|---|---|
|Contact Information|||||
|Trustees ofthe charity|||||
|Operating
and Flnanclal|Review|||3-10|
|Corporate Governance|and|Public|Benefit|11-13|
|Responslbllltles
ofthe Governing|||Body|14|
|Auditors'
Report||||15-17|
|Statement ofAccounting|Polldes|||18-24|
|Statement of Comprehensive||Income and Expenditure|||
|Statement of Change In|Reserves||||
|Balance Sheet||||27|
|Cash Row Statement|||||
|Notes to the Accounts||||29-41|
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|mbroke
College is funded
ome are as follows:|from a series of|sources. Including|endowment
gifts,|the princip|
|---|---|---|---|---|
||||2020-21|2019-20|
|Donations
(including
legacies but exduding||capital gifts)|14/|10%|
|Income from investment|drawdown||29%|21%|
|International
Programmes|and functions/events||0%|29%|
|Student fees|||28'/o|I 9'/o|
|Student rooms|||17%|11%|
|Other (induding
catering,|properties)||12%|I(P/o|
|Total|||100%|100%|
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|||||||||or||||||||||||||
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||||||||||Ol|||||||||||||
||||3B||||CO||N|||||||||||||
||||||||rN|||||||||||CV||CC||
||||II|||-=|IO|||||||||Ol||||||
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|||||Note|||
|---|---|---|---|---|---|---|
|Cash flows from operating|activities|||21|(2,625)|(2,780)|
|Cash flows from investing|activities|||||(703)|
|Cash flows from financing|activities||||(601)|(624)|
|(Decrease) In cash and cash equlvahmts|||In the year||3,02|4,107|
|Cash and cash equivalents|at beginning|of|the year||(1,925)|2,182|
|Cash and cash equivalents|at end of|the|year|24|4,952|1,925)|
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|||||||||2018|2017|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2000|2000|
|Total value 1stJulY||||||||||
|Acqufseorw
purchased||whh spedfic donalkms||||275|||13|
|Acq lsltlons purchased
with College furrde
Total cost of~purchased
Value ot acquiseons
by donalion
Totsd~
pltalhed
ln year|||||13
13
80|275|70||20|
|Total value 30th June|||||574|||||
|Balance al I July||||||||||
|AddNons||||||||12,063|7,543|
|Dfsposah||||||||(8,676)|(11,987)|
|Transfer from fixed|assets|||||||758||
|Gain||||||||12N71|405|
|(Dacream)drvxeass||h cash|hekl by lrtvasllrwnt|lmulagefs||||(5,093)|4,076|
|Less:change
kt amounl owed lo Pembroke House||||||||(31)|(5)|
|Balance at 30June||||||||||
|Generst iweslmenls||||||||97,165|87,996|
|Private placement|invessnenls|||||||13,653|11,530|
|||||||||2,550|2,510|
|||||||||9,501|9,485|
|||||||||19,075|17,555|
|Equass
Other~||||||||31,126
62,793
10,403|50,763
7,503|
|Cash N hand and at investment
managem||||||||5558|11,051|
|Loans to Felows||||||||791||
|Less: amount owed||to Pembroke House||||||(253)|(223)|
|10.Block||||||||||
|Kitchen||||||||21|21|
|Cotter wine||||||||693|691|
|Bar||||||||2|3|
|Poners' Lodge||||||||4|4|
||||||||||719|
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|.Pension provisions|||||||||
|---|---|---|---|---|---|---|---|---|
||||||CCFPS|USS|2021||
||||||BNO|BNN|BNO||
|(Deflch) In schemes|In beginning||ofthe year||(4,180)|(1,191)|(5,371)|(6,333)|
|Movement
in year:|||||||||
|Recognised
in income||and expenditure|||(282)||(136)|779|
|Contributions
paid by||the College|||273||273|223|
|Actuarial
(loss)/profit|recognised||in the Statement|of|901||901|(40)|
|Comprehensive
Income and Expenditure
(Deficit) In schemes at end ofthe year|||||~388
note 20b|~1,
note 20a|~4338|~5371|
|.Endowment
funds|||||||||
||||||Restrkted|Unrestricted|2021||
||||||Permanent|Permanent|BNO||
||||||BNO|BNO|BNO||
|Balance at beginning||ofyear:|||||||
|Capital||||||39,627|79,333|80,445|
||||||39,706|39,627|79,333||
|New donations
and endowments||||||51|397|117|
|Increase in market value of investments|||||4,075|3,775|7,850|(1,229)|
|Balance at end ofyear (page 26)|||||44 127|4$,453|8768D|7$,83$|
|Representing:|||||||||
|Fellowship
Funds|||||12,336||12,336|11,229|
|Scholarship
Funds|||||6,509||6,509|5,886|
|Prize Funds|||||1,011||1,011|914|
|Bursary/Hardship
Funds|||||5,223|1,298|6,52'I|5,782|
|Travel Grant Funds|||||1,740||1,740|1,571|
|Graduate
Funds|||||8,655||8,655|7,639|
|Other Funds|||||8,653||8,653|7,856|
|General endowments||||||42,155|42,155|38,456|
|Total|||||44 127|48463|87333|73331|
|Analysis
by asset:|||||||||
|Property|||||12,394|12,205|24,599|23,555|
|Investments|||||29,361|28,912|58,273|46,970|
|Cash|||||2,372|2,336|4,708|8,808|
||||||44,127|484$$|||
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|Balance al beghmlng
olyear:
Cap lal
~ed Income|Balance al beghmlng
olyear:
Cap lal
~ed Income|Balance al beghmlng
olyear:
Cap lal
~ed Income||||||2,813|5,243
658||5,501|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Transfers bstwtxm
funds
Increase N market vahe|In year
ofi~|||||20|467|2813|5901|~29181|~29051
(274)
(85)|
|Captal grants
Donabons~return
Iransterred
Other~Income||||||13,124
138||143
1,651
124||13,124
1,871
297|2,421
756
1,881|
|EXpandtu f8|||||||(75)|(1,751)||(2,493)|(2,398)|
|Csplsl gAIAIB tflgssd||||||(2,172)
~lt 015||167|776|(2,172)
~II 958|(2,529)
130|
|||||||~N||2Jttm|~8877|~41139|~29lilt|
||||||||||6,055|6,055|5,243|
|||||||31,482||2,980|622|35,084|23,938|
|naprssengng:
Fegowshlp
Funds~Funds||||||||644
684||970|2,592|
|Prize Funds||||||||88||||
|Bursary/Hardship
Funds||||||||594|791|1,385|'t,305|
|Travel Grant Funda||||||||186|12|198|157|
|Graduate
Funds||||||||385|841|1226|1,169|
|Other Funds||||||31.462||399|2,3e9|||
|||||||31|482|~th)0|~677|~at 139|~29181|
|I&
efholpldlsll
Of tmapptlad||tmat felllm||||||||||
|Induded
vnthin reserves ihe||fohwing|amounts|represent|Ihe INBFFIN intel return|ofthe College:||||||
|Unappaed
lchU return
at the||beglnnhg|of the year||||||||41.397|
|Unappaed
tfaal return
for|the|year (see note 3a)||||||||8,353|(1,361)|
|19.Csphal~||||||||||||
|||||||||||20N|2020|
|CsPisl cofrNlhfIIBAIB coAlfBclsd fof el 3(hh JUI18
~||||||||||9000
15$3|2000
191|
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|||||||fiml
2020|fiml
2020|
|---|---|---|---|---|---|---|---|
|||||||2000
2000||
|Market value of phn assets at beglndng
ot period
pakl by the Cofiege
Employm~||||||9,721
274
8|9,036
273
9|
|Sensfils pekl||||||(298)|(313)|
|Adnfidskalion
expenses
Ifdonwt
CA ptefl sssaui
Return on assets, kws interest induded h~e Income and|||penditure|||(28)
140
629|(25)
202
539|
|MMIIBI sable of plmr assam sl sfld ofpeflod||||||||
|Actual return on glen assets
The ma)or categorim of phn assets as a percentage||of total plan assets for the year ending 30Jww|||789
2021 (wfih~efigures for ths year||741|
|ended 30tune 2020) are as folhws:||||||||
|||||||4IFA|49%|
|||||||423S|41st|
|||||||10%|Ifisc|
|Todd||||||IOIFA|100%|
|The plan has no investments
in properly occupkd by, assets used by or fhenchl
instruments
issued
Analysis ofthe~t ofthe net delhed benefit Ihciayr~ In Other Comprehensive|||||by Ihs Cofiege.
Income (OC0 for Ihe|year erxfing 30tune|2021 (with|
|figures tor Ihe year endhg 30Jfxw|2020) are as fofiows:|||||||
|||||||2021
2020||
|||||||2000
2000||
|Return on assets, less hterest hduded
in
ofntxehmstve
Incorre and~rs
Especial
less actual plan sxpenwm
~gains and losses arising on phn fiablates
C08ngss
IA~~thB present
vakxr of pkm Itstfiahs||||||629
(11)
135
148|539
(10)
496
(1,065)|
|Actuarial gain/(hss)
recognised
In OCI (page|26)|||||||
|Movement
in (deficfi) durhg Ihe 12months
erxfing 30tune 2021 (wfih comparative||||figures for the year ended 30June 2020) are as tolkwnc||||
|(Deficlt) In plan at begh dog ct year
**~**tn Statement cfComprehenstve
pakl by Ihe Cofiege|tncome and Expenrfiturs|||||(4,181)
(282)
274|(4,118)
(298)
273|
|Actuarkfi gainf(kes) foroer ised In OCI||||||901|(40)|
|(Dsgcll) hl PlsA st dul end oftho Fwlr|||||||4181|
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|(c) NOW;Pensions
schema
The Degage operates a dekned conlrbugon
scheme
In respect ofcemdn
penskm charge epesenls
contrkmSons
due from the Colege amcrmdng
II shoukl be noted that most ofthe oulslwssng~have been|(c) NOW;Pensions
schema
The Degage operates a dekned conlrbugon
scheme
In respect ofcemdn
penskm charge epesenls
contrkmSons
due from the Colege amcrmdng
II shoukl be noted that most ofthe oulslwssng~have been|(c) NOW;Pensions
schema
The Degage operates a dekned conlrbugon
scheme
In respect ofcemdn
penskm charge epesenls
contrkmSons
due from the Colege amcrmdng
II shoukl be noted that most ofthe oulslwssng~have been|(c) NOW;Pensions
schema
The Degage operates a dekned conlrbugon
scheme
In respect ofcemdn
penskm charge epesenls
contrkmSons
due from the Colege amcrmdng
II shoukl be noted that most ofthe oulslwssng~have been|nkyoyees
The scheme and its assets are hekl by~t managrm.
to &179k(2020 E165k)ot whkh I22k (2020223k) was~at the
collected by NOW stree the 30th tune 2021.|nkyoyees
The scheme and its assets are hekl by~t managrm.
to &179k(2020 E165k)ot whkh I22k (2020223k) was~at the
collected by NOW stree the 30th tune 2021.|The
year encl|
|---|---|---|---|---|---|---|
|(d) Surrurmry
ot peflslorl coma|||||||
|Universses
Superannualkm
Scheme
Univsrskkm ~dcn
Scheme - pension povlslon
~Coleges Federated
Pension Scheme|||||624
u63)
212|(1,074)|
|NOW:Pension
Scheme|||||179|165|
|Death
kt service|||||8|5|
|Total pension casts (note 6)|||||858|13|
|21.RscorlclgsNorl
of surplus fofthe yem Io|cash|flows frorrt opemlrlg||ecNvglss|||
|Surplus for ltre year|||||19,762|1,128|
|Ad)usbnenl
for norvcash
items:|||||||
|(note 8)
(Gain) on~ts, donadom
and kwesbnem
(Increase)
W stocks
(increase)
rn Ifade and ogler nmetvstlles
(Increase)/decreem
in short-termi~||properly|||2315
(12,717)
(1)
(5@31)
(6,004)|2,157
(928)
(3)
(816)
1,311|
|Increasfy(decrease)
Inoedkors|||||420|(3,271)|
|pension costs less contrgruNorw
payabkt
~for Imraetlng or financing
actlvlges|||||(137)|(1,002)|
|Investment
Income
Investment
costs
Interest paysue~funds invested|||||(1,691)
754
(397)|(2302)
512
(117)|
|Gki of heritage asset|||||(80)||
|Total cssh flows fforll opmsdng
&cgvnss|||||||
|Non-cunent
kwestment
dispmua
Investment
krcome~funds Invested|||||3,425
156|3,445
117|
|Payments
made to acquke non-current
assets|||||(3,779)|(4,648)|
|Total csslt flows fnmt Irtvsstlng
scdvidss|||||||
|kaerest paid~of amounts
borrowfd|||||(482)
(119)|(512)
(112)|
|Total sash flows from financing
ctivldss|||||||
##
|Sorrowlngs:|
|---|
|Amounts
laWny due within one yean|
|Sank overdraft|
|Unsecured
loans|
|Total net debt|
|27.Flnwlchd~|
|(14,334)
14,334
Total net debt
16375
lchd~|131
131
2907|( t4,203)
14,203
19|
|---|---|---|
|Rlwrlohl assets
Fhsncw assets ar fair vahs lnroupn 3lsfsmsm of~e income
Uusd equny~(note 9)
CNwr~(note 9)
Fhsnctrr exsect mra srs rsrw~ rssrrred et~cost
Other~(nots 9)
Cash and cash~(wxs 9, 12,13)|62,5N
10,403|31,476|
|Caber deburs (nss 11)||327|
|Roanoke nabawm
Fherlder axbehs msssurrm st~cost|||
|Bank ovsrdrsn
(note 14s)|7,889|3,282|
|Lowe (narc 14e, 14b)|14,330|14,450|
|Trade crsdsors (nels 14e)||518|
|cater crsdkors (nohs 14a, 14b)|1,368|1,411|
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|The|saksies|pdd|toTrustees|in|the|ysw|we|summarlsed|in|the|table bdaw:||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Fram|||To||2021 Number|2020 Number'|
|||||||||EO|||f10,000||44|49|
|||||||||E10,001|||||12|10|
|||||||||E20,001|||E30,000||6|10|
|||||||||E30,001|||||0|I|
|||||||||E40,001|||||0|0|
|||||||||E'50,001|||E60,000||5|5|
|||||||||F60,001|||E70,000||2|2|
|||||||||270,001|||||1|0|
|||||||||E80,001|||Eao,ooa||2|2|
|||||||||Eao,oat|||f100,000||2|2|
|||||||||f100,001|||E.110,000||0|0|
|||||||||2110,001|||||1|I|
|||||||||||||Total|75||
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