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|Trustees'
Annual
Report and|Trustees'
Annual
Report and|Accounts|2022/23||
|---|---|---|---|---|
|Reference and Administrative
Details.|||||
|Report ofthe|College Council ...||||
|Independent|auditors'
report to the Council ofGonville &Caius College, Cambridge||..|.14|
|Statement of|Principal Accounting
Policies for the Year Ended 30June 2023..|||.18|
|Consolidated|Statement
ofComprehensive
Income and Expenditure|for the Year Ended 30June 2023...||...25|
|Consolidated|Statement ofChanges
in Reserves .....|||.26|
|Consolidated|Balance Sheet as at 30June 2023..|||.27|
|Consolidated|Cash Flow Statement
as at 30June 2023.|||.28|
|Notes to the Accounts 2022/23..||||29|
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|educational
provision
and the ne
21/22 to E6.3m in 2022/23:|t cost to the College of providing|education
has|increased|
|---|---|---|---|
||2022/23|2021/22|Change|
||6000|6000|EOOO|
|Income|4,088|4,072|16|
|Expenditure|(10,373)|(9,144)|(1,229)|
|Net Cost|(6,285)|(5,072)|(1,213)|
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##
|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6000|6000|
||||||||Note|||
|Non-current
assets||||||||||
|Fixed assets|||||||9|145,163|136,527|
|Heritage assets|||||||9|120|120|
|Investment
assets|||||||10|270,698|264,455|
|Total nonwurrent
assets||||||||415,981|401,102|
|Current assets||||||||||
|Stock|||||||11|624|580|
|Trade and other receivables|||||||12|2,653|3,633|
|Cash and cash equivalents|||||||13|855|3,512|
|Total current assets||||||||4,132|7,725|
|Creditors: amounts|falling due|||||||||
|within one year|||||||14|(15,482)|(4,309)|
|Net Current assets||||||||(11,350)|3,416|
|Total Assets less current|||liabilities|||||404,631|404,518|
|Creditors:
amounts|falling due|||||||||
|after more than one||year|||||15|(14,865)|(15,224)|
|Net assets excluding||pension||liability||||389,766|389,294|
|Net pension
liability||||||||(6,541)|(6,964)|
|Net assets||||||||383,225|382,330|
|Restricted reserves||||||||||
|Income and expenditure|||reserve —endowment|||reserve|17|90,442|89,364|
|Income and expenditure|||reserve —restricted||reserve||18|8,855|8,490|
|Unrestricted
reserves||||||||||
|Income and expenditure|||reserve —unrestricted|||||283,928|284,476|
|Total Reserves||||||||383,225|382,330|
##
||||||Note|2023|2022|
|---|---|---|---|---|---|---|---|
|||||||f000|f000|
|Net cash (outflow) /inflow|from operating||activities||20|9,732|(453)|
|Cash flows from investing|activities||||21|(11,052)|1,580|
|Cash flows from financing|activities||||22|(1,337)|(1,004)|
|Increase/(decrease)
in cash and cash equivalents||||in the year|23|(2,657)|123|
|Cash and cash equivalents|at beginning|of|the year|||3,512|3,389|
|Cash and cash equivalents|at end ofthe|year||||855|3,512|
##
|1|Academic fees|Academic fees|and charges|and charges||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||f000|f000|
||College fees:|||||||
||Fee income|received at the||||||
||Regulated|Undergraduate||rate||2,518|2,475|
||Fee income|received at the||||||
||Unregulated|Undergraduate|||rate|595|590|
||Fee income|received at the|||graduate|||
||rate|||||749|777|
|||||||3,862|3,842|
||Income for|Cambridge
Bursaries||||209|140|
||Other income|||||17|90|
||Total|||||4,088|4,072|
|2|Income from|||||||
||accommodation,||catering|||||
||and conferences|||||2023|2022|
|||||||f000|f000|
||Accommodation||||College members|4,497|4,384|
||||||Conferences|623|264|
||Catering||||College members|1,070|911|
||||||Conferences|451|288|
||Total|||||6,641|5,847|
|3||Endowment
and|Investment|Investment|Investment|Investment|income||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||3a|Analysis|||||||||||
||||||||||||2023|2022|
||||||||||||f000|f000|
|||Total return
contribution|||(see note 3b)||||||4,223|3,891|
||3b|Summary ofTotal||Return|||||||||
||||||||||||2023|2022|
|||Income from:|||||||||f000|f000|
|||Land and buildings|||||||||3,827|3,314|
|||Quoted and other||securities|||and cash||||1,723|4,009|
|||Gains on endowment
assets:|||||||||||
|||Land and buildings|||||||||286|5,153|
|||Quoted and other||securities|||and cash||||5,464|219|
|||Investment
Management||||costs (see note||3c)|||(5,114)|(5,850)|
|||Total Return for|year||||||||6,186|6,845|
|||Total Return transferred|||to Income and Expenditure|||||Account|(4,223)|(3,891)|
|||Total return expendable|||amount||||||(4,223)|(3,891)|
|||Unapplied
Total|Return||for||Year included|within Statement of|||||
|||Comprehensive|Income||and||Expenditure|(see note||19)|1,963|2,954|
||3c|Investment
management||||costs|||||2023
f000|2022
f000|
|||Land and buildings|||||||||2,482|1,598|
|||Other investments|||||||||2,632|4,252|
|||Total|||||||||5,114|5,850|
||4|Education
Expenditure|||||||||2023|2022|
||||||||||||f000|6000|
|||Teaching|||||||||4,160|3,792|
|||Tutorial|||||||||1,760|1,555|
|||Admissions|||||||||566|357|
|||Research|||||||||1,223|1,166|
|||Scholarships
and|awards||||||||1,795|1,433|
|||Other educational||facilities|||||||841|799|
|||Other educational||expenses|||||||28|42|
|||Total|||||||||10373|9144|
||5|Accommodation,||Catering||and Conferences|||Expenditure||2023|2022|
||||||||||||f000|f000|
|||Accommodation:|||||College||members||5,976|5,435|
||||||||Conferences||||116|106|
|||Catering:|||||College||members||1,962|1,671|
||||||||Conferences||||315|268|
|||Total|||||||||8,369|7,480|
|6|Other Expenditure|||2023|2022|
|---|---|---|---|---|---|
|||||E000|f000|
||Investment
management|and administration||4,350|5,408|
||Interest|||978|644|
||Pension scheme losses|(gains) and other non-cash|pension charges|(409)|2,441|
||Other general
and administrative|||1,031|974|
||Total|||5,950|9,467|
|Analysis of|2022|/2023 Expenditure
by Act|ivity|||||
|---|---|---|---|---|---|---|---|
||||||Other|||
|||||Staff costs|Operating|Depreciation||
|||||(Note 8)
6000|Expenses
f000|(Note 9)
6000|Total
6000|
|Education (note||4)||4,980|4,882|511|10,373|
|Accommodation,||catering and conferences|(note 5)|4,286|2,432|1,651|8,369|
|Other (note|6)|||526|5,423|1|5950|
|Contribution|under Statute G, ll||||211||211|
|Total||||9,792|12,948|2,163|24903|
##
|Analysis of|2021|/2022 Expenditure
by Activity|||||
|---|---|---|---|---|---|---|
|||||Other|||
||||Staff costs|Operating|Depreciation||
||||(Note 8)|Expenses|(Note 9)|Total|
||||f000|f000|f000|f000|
|Education (note||4)|4,346|4,307|491|9,144|
|Accommodation,||catering and conferences (note 5)|3,664|2,189|1,627|7,480|
|Other (note|6)||478|8,987|2|9,467|
|Contribution|under Statute G,il|||197||197|
|Total|||8,488|15,680|2,120|26,288|
|Total|||||||8,488|8,488|8,488|15,680|2,120
26,2|2,120
26,2|2,120
26,2|88|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Expenditure|includes|||Development|||Office costs off294,000.This expenditure|||excludes|the cost ofalumni||||
|relations.|||||||||||||||
||||||||||||2023|||2022|
|7c
Auditors'||remuneration|||||||||||||
||||||||||||f000|||f000|
|Other operating|||||expenses||include:||||||||
|Audit|fees||payable|||to the College's external|||||||||
|auditors|||||||||||39|||32|
|Other fees|||payable|||to the|College's external||||||||
|auditors|||||||||||||||
|Total|||||||||||41|||34|
|8 Staff costs|||||||||||||||
|||||||||||Non-|Total|||Total|
|||||||||Academic|academic||2023|||2022|
|||||||||f000||f000|f000|||f000|
|Salaries||||||||2,500||5,356|7,856|||6,761|
|National|insurance|||||||233||471|704|||613|
|Other pension|||costs|||||403||829|1.232|||1,114|
|Total||||||||3,136||6,656|9,792|||8,488|
|||||||||Average staff|numbers|2023|Average staff numbers|||2022|
|||||||||Number of|Number
of||Number|of|Number of||
|||||||||Fellows|Non-Fellows||Fellows||Non-Fellows||
|Academic|(number||||receiving a stipend)|||79||8||76||9|
|Non-Academic|||(full-time|||equivalents)||3||158||4||148|
|Total||||||||82||166||80||157|
##
|||College|Assets in|Furniture
&|Total|Total|
|---|---|---|---|---|---|---|
||land|Buildings|construction|Equipment|2023|2022|
||f000|f000|f000|f000|f000|f000|
|Cost/Valuation|||||||
|At beginning
ofyear|62,220|88,650|545|388|151,803|150,928|
|Additions||858|258|172|1,288|942|
|Disposals at|||||||
|cost/valuation||||(79)|(79)|(68)|
|Transfers||9,511|||9,511||
|At end ofyear|62,220|99,019|803|481|162,523|151,803|
|Depreciation|||||||
|At beginning
ofyear||15,088||188|15,276|13,224|
|Charge for the year||2,053||110|2,163|2,120|
|Eliminated
on|||||||
|disposal||||(79)|(79)|(68)|
|At end ofyear||17,141||219|17,360|15,276|
|Net book value|||||||
|At end ofyear|62,220|81,878|803|262|145,163|136,527|
|At beginning
ofyear|62220|73,562|545|200|136,527|137,704|
##
||||||2023|2022|2021|2020|2019|
|---|---|---|---|---|---|---|---|---|---|
||||||8000|6000|f000|f000|6000|
|Balance brought forward|||||120|120|113|101|97|
|Acquisitions
purchased
with||College||||||||
|funds||||||||12||
|Total|||||120|120|120|113|101|
|10 Fixed Asset investments||||||||2023|2022|
|||||||||6000|8000|
|Balance at beginning|of|year||||||264,455|259,830|
|Additions||||||||49,242|121,207|
|Transfers to operational||assets||||||(9,511)||
|Disposals||||||||(36,394)|(118,847)|
|Appreaation||||||||1,723|1,238|
|Increase/(decrease)|in cash balances|||held||||||
|by fund managers||||||||1,183|1,027|
|Balance at end ofyear||||||||270,698|264,455|
|||||||||2023|2022|
|Represented
by:||||||||BOOB|6000|
|Property||||||||98,334|95,663|
|||||||||55,801|60,258|
|Quoted securities —equities||||||||||
|Fixed interest securities||||||||17,631|12,570|
|Cash in hand and at|investment||managers|||||4,793|3,610|
|Other investments||||||||94 139|92,354|
|Total||||||||270,698|264,455|
|11Stocks and work in|11Stocks and work in|11Stocks and work in|progress|||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||6000|6000|
||Wine stocks|||||591|565|
||Bar, kitchen|and other stocks||||33|15|
||Tota I|||||624|580|
|12Trade and other receivables||||||||
|||||||2023|2022|
|||||||6000|6000|
||Members of|the College||||416|433|
||Commercial|rents||||708|257|
||Donations|||||1,158|2,645|
||Other debtors|||||197|168|
||Prepayments|and accrued income||||174|130|
||Total|||||2,653|3,633|
|13|Cash and cash equivalents|||||||
|||||||2023|2022|
|||||||6000|6000|
||Current accounts|||||855|3,512|
||Total|||||855|3,512|
|14|Creditors:|amounts|falling|due within one||||
||year|||||||
|||||||2023|2022|
|||||||6000|6000|
||Trade creditors|||||3,630|2,672|
||Bank loan due for repayment||||within a year|10,360|360|
||Members ofthe College|||||595|376|
||University|fees||||15|172|
||Commercial|rent deferred||income||528|440|
||Contribution
to Colleges Fund|||||211|197|
||Other creditors|||||143|92|
||Total|||||15,482|4,309|
|Creditors: amounts
falling due
after one year|||
|---|---|---|
||2023|2022|
||6000|6000|
|Oankloans|4,865|5,224|
|Otherloans|10,000|10,000|
|Total|14,865|15,224|
##
|Year to 30June 2023|Year to 30June 2023|||||||
|---|---|---|---|---|---|---|---|
|||||CCFPS|USS|Other|Total|
|||||f000|f000|f000|f000|
|Balance at beginning|ofyear|||2,616|4,128|220|6,964|
|Movement
in year:||||||||
|Current service cost|including||life|||||
|assurance||||161|||161|
|Contributions||||(314)|(311)|(31)|(656)|
|Change
in expected|contributions||||(181)||(181)|
|Other finance cost||||100|137||245|
|Actuarial
(gain)/loss|recognised||in|||||
|Statement ofComprehensive||||||||
|Income and Expenditure||||34||(26)|8|
|Balance at end ofyear||||2,597|3,773|171|6,541|
|Year to 30June 2022||||||||
|||||CCFPS|USS|Other|Total|
|||||f000|f000|f000|f000|
|Balance at beginning|ofyear|||5,011|1,700|291|7,002|
|Movement
in year:||||||||
|Current service cost|including|life||||||
|assurance||||239||(3)|236|
|Contributions||||(314)|(92)|(40)|(446)|
|Change
in expected|contributions||||2,505||2,505|
|Other finance cost||||91|15||111|
|Actuarial
(gain)/loss|recognised||in|||||
|Statement ofComprehensive||||||||
|Income and Expenditure||||(2,411)||(33)|(2,444)|
|Balance at end ofyear||||2,616|4,128|220|6,964|
|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|17|Endowment
funds|Permanent|Permanent|2023|2022|
|||6000|6000|6000|f000|
||Balance at beginning
ofyear:|||||
||Capital|89,364||89,364|84,628|
||New donations
and endowments|1,029||1,029|4,090|
||Increase / (Decrease) in market|||||
||value ofinvestments|49||49|646|
||Transfer to restricted funds|||||
||Balance at end ofyear|90,442||90,442|89,364|
||Analysis
by type of purpose|||||
||Fellowship,
Research, Scholarship|||||
||and Studentship
Funds|69,053||69,053|67,468|
||Prizes Funds|686||686|685|
||Bursaries,
Hardship
and Travel|||||
||Funds|10,839||10,839|11,384|
||General and Other Trust Funds|9,864||9,864|9,827|
||Balance at end ofyear|90,442||90,442|89,364|
||Analysis
by asset|||||
||Property|32,854||32,854|33,479|
||Investments|55,987||55,987|54,690|
||Cash|1,601||1,601|1,195|
||Balance at end ofyear|90,442||90,442|89,364|
|||||||Permanent|Permanent||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Capital|Unspent|and|Restricted|||
||||||Grants|other restricted||expendable|||
|18|Restricted
Reserves||||unspent|income||endowment|Total 2023|Total 2022|
||||||f000||f000|f000|f000|f000|
||Balance at beginning|||of|||||||
||year:||||||||||
||Capital||||250|||1,950|2,200|1,924|
||Accumulated|income|||||6,290||6,290|5,922|
||Total||||250||6,290|1,950|8,490|7,846|
||New grants||||193||209||402|163|
||New donations||||||151|159|310|391|
||Endowment|return|||||||||
||transferred||||||2,274|52|2,326|1,857|
||Increase in market value||||||4|1|5|51|
||Expenditure|||||(2,027)||(383)|(2,410)|(1,795)|
||Capital grants utilised||||(268)||||(268)|(23)|
||Transfer from||||||||||
||endowment|funds|||||||||
||Total||||175|6,901||1,779|8,855|8,490|
||Balance at end ofyear||||||||||
||Capital||||175|||1,779|1,954|2,200|
||Accumulated|income||||6,901|||6,901|6,290|
||Total||||175|6,901||1,779|8,855|8,490|
||Analysis ofrestricted||||||||||
||funds by type ofpurpose||||||||||
||Fellowship,|Research,|||||||||
||Scholarship|and|||||||||
||Studentship|Funds||||5,688||721|6,409|6,164|
||Prizes Funds||||||321||321|300|
||Bursaries, Hardship||and||||||||
||Travel Funds||||||769|1,047|1,816|1,678|
||General and|Other Trust|||||||||
||Funds||||175||123||309|348|
||Total||||175|6,901||1,779|8,855|8,490|
|19|Memorandum
of Unapplied
Total Return|Memorandum
of Unapplied
Total Return||||||
|---|---|---|---|---|---|---|---|
||Included
within
reserves, the following
amounts|||represent the||||
||Unapplied
Total Return ofthe College:||||Note|2023|2022|
|||||||f000|f000|
||Unapplied
Total Return at beginning
ofyear|||||151,785|148,831|
||Unapplied
Total Return for the year||||3b|1,963|2,954|
||Unapplied
Total Return at end of|year||||153,748|151,785|
||Reconciliation ofconsolidated
surplus for||the year to net cash|||||
|20|(outflow)/inflow)
from operating
activities|||||2023|2022|
|||||||f000|f000|
||Surplus for the year|||||895|4,726|
||Adjustment
for non-cash items|||||||
||Depreciation|||||2,163|2,120|
||Gain on endowments,
donations|and investment||property||(5,750)|(5,372)|
||Decrease (increase) in stocks|||||(43)|14|
||Decrease/(increase)
in trade and|other receivables||||980|(597)|
||Increase/(decrease)
in creditors|||||11,173|(176)|
||Pension costs less contributions|payable||||(423)|(38)|
||Adjustment
for investing or financing activities|||||||
||Investment
income|||||(5,550)|(7,323)|
||Investment
expenditure|||||4,350|5,407|
||Interest payable|||||978|644|
||Profit on the sale of non-current|assets||||959|142|
||Net cash (outflow)/inflow
from|operating|activities|||9,732|(453)|
|21|Cash flows from investing
activities|||||2023|2022|
|||||||f000|f000|
||Non-current
investment
disposal|||||8,914|346|
||Investment
income|||||4,016|3,509|
||Investment
expenditure|||||(1,772)|(1,333)|
||Payments to acquire non-current|assets||||(22,210)|(942)|
|||||||(11,052)|1,580|
|22|Cash flows from financing
activities|||||2023|2022|
|||||||f000|f000|
||Interest paid|||||(978)|(644)|
||Repayments
ofamounts
borrowed|||||(359)|(360)|
||Totalcash flows from financing|activities||||(1,337)|(1,004)|
##
||||||||||At|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||beginning|Cash|At end of|
||||||||||ofyear|Flows|year|
||||||||||6000|6000|6000|
||Cash and|cash equivalents|||||||3,512|(2,657)|855|
||Borrowings:|||||||||||
||Amounts|falling due within one year:||unsecured||loans|||(360)|(10,000)|(10,360)|
||Borrowings:|||||||||||
||Amounts|falling due after more than||one|year:|unsecured||loans|(15,224)|359|(14,865)|
||||||||||(12,072)|(12,298)|(24,370)|
|24|Financial|Instruments||||||||2023|2022|
|||||||||||6000|6000|
||Financial|assets||||||||||
||Financial|assets at fair value|through|Statement||ofComprehensive|||income:|||
||Listed equity investments|||||||||106,342|106,461|
||Other investments|||||||||46,966|44,192|
||Financial|assets that are debt instruments|||measured||at amortised||cost:|||
||Cash and cash equivalents|||||||||13,460|13,778|
||Other debtors|||||||||613|601|
||Financial|liabilities||||||||||
||Financial|liabilities measured|at amortised||cost|||||||
||Loans|||||||||25,225|15,584|
||Trade creditors|||||||||796|478|
||Other creditors|||||||||927|816|
|2S|Capital commitments|||||||||2023|2022|
|||||||||||F000|6000|
||Capital commitments
at 30June are as follows:|||||||||||
||Authorised|and contracted||||||||171|130|
||Authorised|but not yet contracted for||||||||985|1,061|
|||2023|2022|
|---|---|---|---|
|||E000|6000|
|USS||1,079|962|
|CCFPS||139|137|
|Church of England||7|10|
|Non-contributory|scheme|7|S|
|Total||1,232|1,114|
##
|||2020 valuation|||
|---|---|---|---|---|
|Mortality base table||101%of52PMA "light" for males and|95%of53PFA|for|
|||females|||
|Future improvements|to|CMI 2019with a smoothing
parameter|of7.5, an initial||
|mortality||addition of0.5%p.a.and a long-term|improvement|rate of|
|||1.8% a for males and 1.6%for females|||
||2023|2022|
|---|---|---|
|Males currently
aged 65 (years)|24.0|23.9|
|Females currently
aged 65 (years)|25.6|25.5|
|Males currently
aged 45 (years)|26.0|25.9|
|Females currently
aged 45 (years)|27.4|27.3|
|||2023|2022|
|---|---|---|---|
|Discount rate||5.52%o|3.31%|
|Pensionable|salary growth|5%in year 1,|6% in year|
|||1.5%othereafter|1,1.5%|
||||thereafter|
##
||||2023|2022|
|---|---|---|---|---|
||||%p.a.|%p.a.|
|Discount rate|||5.20|3.80|
|Increase in salaries|||3.30|3.25|
|RPI assumption|||3.40*|3.45o|
|CPI assumption|||2.80*|2.75o|
|Pension increases|in payment|(RPI Max 5%op.a.)|3.30*|3.30*|
|Pension increases|in payment|(CPI Max 2.5%p.a.)|2.05o|2.05o|
##
|||||2023|2022|
|---|---|---|---|---|---|
|||||6000|6000|
|Market value|of plan assets at beginning||ofperiod|13,216|15,666|
|Contributions|paid by the College|||313|314|
|Employee contributions||||39|38|
|Benefits paid||||(697)|(533)|
|Administrative|expenses|paid||(43)|(41)|
|Interest on plan assets||||491|279|
|Return on assets, less interest included|||in Profit & Loss|(2,196)|(2,507)|
|Market value|of plan assets at end ofperiod|||11,123|13,216|
|Actual return|on plan assets|||(1,705)|(2,228)|
|The major categories of||plan assets as a|percentage oftotal Scheme assets for the year ending 30June|||
|2023 (with comparative||figures for the year ended 30June 2022)||are as follows:||
|||||2023|2022|
|Equities||||497o|52Yo|
|Bonds & Cash||||38Yo|34Yo|
|Property||||139o|149o|
|Total||||10096|100yo|
|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6000|6000|
|Return
on assets|less interest
included|||in statement||of income||(2,196)|(2,507)|
|and expenditure||||||||||
|Expected less actual plan||expenses||||||(9)|P)|
|Experience gains|and losses arising||on plan liabilities|||||(1,079)|(955)|
|Changes
in assumptions||underlying|the present||value of plan|||3,250|5,880|
|liabilities||||||||||
|Remeasurement|of net|defined
benefit||liability|recognised||in|(34)|2,411|
|OCI||||||||||
||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||6000|6000|
|Net defined|benefit asset/(liability)||at beginning||ofyear||(2,616)|(5,011)|
|Recognised|in statement
ofincome||and|expenditure|||(261)|(330)|
|Contributions|paid by the College||||||314|314|
|Remeasurement
of net defined||benefit||liability|recognised|in|(34)|2,411|
|OCI|||||||||
|Net defined|benefit asset/(liability)||at end ofyear||||~i2.597|~i2, 616|
##
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|||||Sa p.a.|9op.a.|
|Discount|rate|||5.20|3.80|
|Pension|increases|in|payment|0.00|0.00|
|June 20|22) are as follows:||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||f000|f000|
|Present|value of plan liabilities||||(171)|(219)|
|Net defined benefit (liability)|||||~171|~219|
|The amounts
to be recognised
in the statement||||of income|and expenditure
for the|year ended 30|
|June 2023 (with comparative||figures for the year||ended 30June 2022) are as follows:|||
||||||2023|2022|
||||||f000|f000|
|Interest|on net defined benefit liability||||(8)|(5)|
|Total|||||(8)|(5)|
|Changes|in the present value ofthe plan liabilities|||for the year ending 30June 2023(with comparative|||
|figures for the year ending 30||June 2022) are as follows:|||||
||||||2023|2022|
||||||f000|f000|
|Present|value of plan liabilities|at beginning|ofperiod||219|287|
|Current|service cost||||||
|Interest|on plan liabilities||||8|5|
|Actuarial|losses (gains)||||(26)|(33)|
|Benefits|paid||||(30)|(40)|
|Present|value ofplan liabilities at the end ofthe|||period|171|219|
||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||f000|f000|
|Experience gains and losses arising||||on plan liabilities|||||
|Changes|in assumptions||underlying|the present|value of plan||||
|liabilities||||||||25|
|Remeasurement||of net defined benefit||liability recognised||in OCI|26|33|
##
|%ofpensionable|stipends|January 2018|January|2021|
|---|---|---|---|---|
|||to December|to December||
|||2020||2022|
|Deficit repair contributions||11.9||7.1|
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||6000|8000|
|Balance sheet liability at|1January||||||
|Deficit contribution
paid||||||(2)|
|Interest cost (recognised|in SoFA)||||||
|Remaining
change to balance
sheet||liability*|(recognised|in|||
|statement
ofincome and|expenditure)||||||
|Balance sheet liability at|31December||||||
|||December|December|December|
|---|---|---|---|---|
|||2022|2021|2020|
|Discount rate||n/a|0.0%|0.2% p.a.|
|Price inflation||n/a|n/a|3.1%p.a.|
|Increase to total pensionable|payroll|n/a|-15%|1.6%p.a.|
##
||Country of|||||
|---|---|---|---|---|---|
||Incorporation
and Operation|Cost
f|Class of
Shares|Proportion of
shares held|Principal
activity|
|Caius Property
Services Limited|United
Kingdom||Ordinary|10016|Dormant|
|Budworth|United|||||
|Development|Kingdom||Ordinary|1009o|Dormant|
|Limited||||||
|Caius Conferences|United||||Provision of|
|Limited|Kingdom||Ordinary|100N|conference|
||||||services|
##
##
|From|To|2023|Number|2022|Number|
|---|---|---|---|---|---|
|f0|E10,000||8||8|
|E10,001|E20,000||6||3|
|E20,001|f30,000|||||
|E30,001|f40,000|||||
|E40,001|f50,000|||||
|E50,001|E60,000|||||
|E60,001|f70,000|||||
|E70,001|E80,000|||||
|E80,001|E90,000|||||
|f90,001|E100,000|||||
|f100,001|E110,000|||||
||Total||20||17|