2024-07-31-accounts

ReportoftheGoverningBody	page2-11
StatementofAccountingandReportingResponsibilities	page12
GoverningBody,OfficersandAdvisers	page13-15
Auditor'sReport	page16-18
StatementofAccountingPolicies	page19-24
ConsolidatedStatementofFinancialActivities	page25
ConsolidatedandCollegeBalanceSheets	page26
ConsolidatedCashflowStatement	page27
NotestotheFinancialStatements	page28-44

Geographicorigin	Undergraduates	Postgraduates
UK	323	99
OtherEU/EEA	9	11
Overseas	71	173
Total	403	283

	2024	2023
OxfordOpportunityBursaries(undergraduates)	71,045	85,530
Bookgrants	1,292	1,768
Sports& extra-curriculargrants	4,915	3,216
Research& travelgrants	62,050	61,398
Scholarships& prizes	112,123	131,898
Bursaries& hardshipfunds	20,196	97,778
Total	271,615	381,588

					(2)	(3)	_ =
ProfessorDameS Sorinantat				Principal
Professor J			MYeomans	Retired30/9/2023
Professor |	MMoroz			Retired30/9/2023
ProfessorK			JClarke
ProfessorP			Schleiter
DrM Kean
ProfessorL		JSmith
DrR M Armstrong
ProfessorH			Swift
DrHSmith				VicePrincipal
DrG Paul
ProfessorD			Filatov
ProfessorE			Payne
DrK Hoge
ProfessorF		Macintosh
ProfessorR			Condry
ProfessorS		Todd
DrS McHugh
ProfessorA			Noble
ProfessorD			Wakelin
ProfessorA			Katzourakis
Professor	D		Howey
DrP Hulley
ProfessorD			Gangjee
DrC Swales
DrD Bulte
DrL Wild
ProfessorJ		Barlow

ProfessorDameSarahSpringman	Principal
DrHannahSmith	Vice-Principal
MrChrisWood	Bursar
DrSarahNorman	SeniorTutor
MrAndrewThomas	DevelopmentDirector

Sarasin& PartnersLLP	LloydsBankPLC
JuxonHouse	1-5HighStreet
100StPaul’sChurchyard	Oxford
London	OX14AA
EC4M8BU

	Solicitors
Auditors	PenningtonsManchesLLP
CroweU.K.LLP	9400GarsingtonRoad
R+Building	OxfordBusinessPark
2BlagraveStreet
Reading	Oxford
RG11AZ	OxX42HW

St Hilda's College

Independent auditor's report to the Members of the Governing Body Year ended 31 July 2024

In preparing the financial statements, the Members of the Governing Body are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Members of the Governing Body either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually, or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/apb/scope/private.cfm. This description forms part of our auditor's report.

Crowe UK LLP

Statutory Auditor

Date: 27 November 2024

Crowe UK LLP is eligible to act as an auditor in terms of sections 1212 of the Companies Act 2006.

18

		Unrestricted	Restricted	Endowed	2024	2024	2023
		Funds	Funds	Funds	Total		Total
	Notes	£'000	£'000	£1000	£'000		£'000
INCOMEANDENDOWMENTSFROM:
Charitableactivities:
Teaching,researchandresidential		8,549	-	-	8,549		7,342
OtherTradingIncome		736	-	-	736		798
Donationsandlegacies		523	559	1	1,093		2,321
Investments
Investmentincome Totalreturnallocatedtoincome		391 648	17 997	1,758 (1,645)	2,166	:	1,658	-
Totalincome		10,847	4,573	124	12,544		12,119
EXPENDITUREON:
Charitableactivities:
Teaching,researchandresidential		9,724	2,052	-	11,776		11,240
Generatingfunds:
Fundraising Tradingexpenditure		562 409	- -	- 2	562 409		511 417
Investmentmanagementcosts			2	144	146		181
TotalExpenditure		10,695	2,054	144	12,893		12,349
NetIncome/(Expenditure)beforegains		152	(481)	(20)	(349)		(230)
Netgains/(losses)oninvestments	10,11	-	41	4,276	4,317		1,496
NetIncome/(Expenditure)		152	(440)	4,256	3,969		1,266
Netmovementinfundsfortheyear		152	(440)	4,256	3,969		1,266
Fundbalancesbroughtforward	17	58,687	3,312	60,695	122,693		121,427
Fundscarriedforwardat 31July		58,839	2,872	64,951	126,662		122,693

		2024	2023	2024	2023
		Group	Group	College	College
	Note	£'000	£'000	£'000	£'000
FIXEDASSETS
Tangibleassets		76,206	76,095	76,206	76,095
Propertyinvestments		35,350	23,006	35,350	23,006
OtherInvestments	1	32,134	40,343	32,136	40,345
TotalFixedAssets		143,690	139,444	143,692	139,446
CURRENTASSETS
Stocks		62	50	62	50
Debtors		1,455	1,064	1,750	1,420
Investments		2,590	3,989	2,590	3,989
Cashatbankandinhand		3,326	2,251	2,647	1,479
TotalCurrentAssets		7,433	7,354	7,049	6,938
LIABILITIES
Creditors:Amountsfallingduewithinoneyear		4,622	2,123	4,587	2,094
NETCURRENTASSETS((LIABILITIES)		2,811	5,231	2,462	4,844
TOTALASSETSLESSCURRENTLIABILITIES		146,501	144,675	146,154	144,290
CREDITORS:fallingdueaftermorethanoneyear		19,839	19,834	19,839	19,834
NETASSETS/(LIABILITIES)BEFOREPENSION
ASSETORLIABILITY		126,662	124,841	126,315	124,456
Definedbenefitpensionschemeliability	21	-	2,148	-	2,148
TOTALNETASSETS/(LIABILITIES)		126,662	122,693	126,315	122,308
FUNDSOFTHECOLLEGE
Endowmentfunds	17	64,951	60,695	64,951	60,695
Restrictedfunds	17	2,872	3,312	2,872	3,312
Unrestrictedfunds
Generalfunds		738	2,841	391	2,456
Designatedfunds	17	58,101	57,994	58,101	57,994
Pensionreserve		-	(2,148)	-	(2,148)
		126,662	122,693	126,315	122,308

		2024	2023
	Notes	£'000	£'000
Netcashprovidedby(usedin)operatingactivities	24	(1,056)	(4,242)
Cashflowsfrominvestingactivities
Dividends,interestandrentsfrominvestments		2,166	1,658
Proceedsfromthesaleofproperty,plantandequipment		-
Purchaseofproperty,plantandequipment		(1,624)	(1,877)
Proceedsfromsaleofinvestments		179
Purchaseofinvestments		a
Netcashprovidedby(usedin)investingactivities		724	(219)
Cashflowsfromfinancingactivities
Repaymentsofborrowing		-
Cashinflowsfromnewborrowing		-
Receiptofendowment		11
Netcashprovidedby(usedin)financingacti		11
Changeincashandcashequivalentsinthereportingperiod		(324)	(1,453)
Cashandcashequivalentsatthebeginningofthe
reportingperiod		6,240	7,693
Changeincashandcashequivalentsduetoexchange
ratemovements		:
Cashandcashequivalentsattheendofthereporting
period	25	5,916	6,240

1	INCOMEFROMCHARITABLEACTIVITIES.
	Teaching,ResearchandResidential	2024 £'000	2023 £'000
	Unrestrictedfunds Tuitionfees- UKandEUstudents Tuitionfees- Overseasstudents Visitingstudents OtherHEFCEsupport	1,578 1,879 103 212	1,562 1,424 221	x
	Otheracademicincome Residentialincome	126 4,651	147 3,988
	TotalTeaching,ResearchandResidential	8,549	7,342,
	Totalincomefromcharitableactivities	8,549	7,342

2	DONATIONSANDLEGACIES DonationsandLegacies Unrestrictedfunds Restricted funds Endowedfunds	2024 £°000 523 559 4 7,093	2023 £'000 803 1,510 8 2.321
3°	INCOMEFROMOTHERTRADINGACTIVITIES
		2024 £'000	2023 £'000
	Subsidiarycompanytradingincome Othertradingincome	709 27	781 17
		736	798
4	INVESTMENTINCOME	2024 £'000	2023 £'000
	Unrestrictedfunds Commercialrent	76	75
	Incomefromfixedintereststocks Bankinterest	345 307	226 307
	Restrictedfunds Equitydividends	17	13
		17	TS
	Endowedfunds Otherpropertyincome Equitydividends Incomefromfixedintereststocks	831 722 205	344 966 34
	Intereston fixedtermdepositsand cash
	Otherinvestmentincome
	Bankinterest
	Otherinterest	1758	344
	TotalInvestmentincome	ZA66	TO58

5	ANALYSISOFEXPENDITURE
		2024	2023
		£'000	£000
	Charitableexpenditure
	Directstaffcostsallocatedto:
	Teaching,researchandresidential	5,770	5,441
	Otherdirectcostsallocatedto:
	Teaching,researchandresidential	5,096	3,870
	Supportandgovernancecostsallocatedto:
	Teaching,researchandresidential	910	1,929
	Totalcharitableexpenditure	11,776	11,240
	Expenditureonraisingfunds
	Directstaffcostsallocatedto: Fundraising Tradingexpenditure	4i 152	334 162
	Otherdirectcostsallocatedto
	Fundraising	81	102
	Tradingexpenditure	224	209
	Investmentmanagementcosts	146	181
	Supportandgovernancecostsallocatedto.
	Fundraising Tradingexpenditure	70 33	75 46
	Totalexpenditureonraisingfunds	4,117	1,109
	Totalexpenditure	12,893	42,349

ANALYSISOFSUPPORTANDGOVERNANCECOSTS	ANALYSISOFSUPPORTANDGOVERNANCECOSTS	ANALYSISOFSUPPORTANDGOVERNANCECOSTS
Generating			Teaching and	2024
Funds			Research	Total
£000			£'000	£'000
Financialadministration	96		553	649
Domesticadministration		=	=	-
Humanresources		mi	50	50
IT Depreciation Loss/(profit)on fixedassets Interestpayable Otherfinancecharges	7	e “ # -	247 1,514 2 659 (2,146)	254 1,514 7 659 (2,146)
Governancecosts Investmentmanagementcharges	146	-	29 -	29 146
a"			06 ~___	1,155
Generating Funds			Teaching and Research	2023 Total
£000			£000	£'000
Financialadministration	114		499	613
Domesticadministration		a		-
Humanresources		:	51	51
IT	7		246	253
Depreciation		-	1,499	1,499
Loss/(profit)onfixedassets		-		-
Interestpayable Otherfinancecharges Governancecosts		- =	659 (1,055) 26	659 (1,055) 26
Investmentmanagementcharges			T92S	181 ;
Financial,domesticadministration,ITandhumanresourcescostsareattributed		accordingtothe	estimatedstafftimespentoneachactivity.
Depreciationcostsandprofitorloss ondisposaloffixedassetsareattributed	accordingtotheuse		madeoftheunderlyingassets.
Interestandotherfinancechargesareattributedaccordingtothepurposeof	the	relatedfinancing.
			2024	2023
Governancecostscomprise:			£'000	£000
Auditor'sremuneration- auditservices			29	26
			29	26
Noamounthasbeenincludedingovernancecostsforthe directemployment	costsorreimbursed		expensesoftheCollegeFellowsonthebasisthatthese
paymentsrelatetotheFellowsinvolvementintheCollege'scharitableactivities.		DetailsoftheremunerationoftheFellowsandtheirreimbursedexpensesare
includedasa separatenotewithinthesefinancialstatements.

GRANTSANDAWARDS.	2024	2023
	£'000	£000
DuringtheyeartheCollegefundedresearchawardsand
bursariestostudentsfromitsrestrictedand
unrestrictedfundasfollows:
Unrestrictedfunds
Grantstoindividuals:
Scholarships,prizesandgrants	a1	32
Bursariesandhardshipawards Totalunrestricted	85 126	162 194
Restrictedfunds
Grantstoindividuals: Scholarships,prizesandgrants	140	166
Bursariesandhardshipawards	6	22
Total restricted	146	T88
Totalgrantsandawards	272	362

8	STAFFCOSTS Theaggregatestaffcostsfortheyearwereasfollows.		2024 £'000	2024 £'000	2023 £'000
	Salariesandwages Socialsecuritycosts Pensioncosts Definedbenefitschemes Definedcontributionschemes Pensionliability		5,729 433 779 - (2,148) 4793		5,164 393 888 1 (1,055) 5,301
	Redundancyandterminationpaymentsareaccountedforintheperiodinwhichthepaymentsweremade.
	Duringthecurrentfinancialyear,redundancyand terminationpaymentsamountedto£22k(2023:£52k	).
	Thesecostswerechargedtotheunrestrictedfund.
	TheaveragenumberofemployeesoftheCollege,excludingTrustees, ona fulltimeequivalentbasiswasas follows.		2024		2023
	Tuitionandresearch Collegeresidential Fundraising Support		18 69 5 22		20 66 5 20
	Total		TH		TH
	TheaveragenumberofemployedCollegeTrusteesduringtheyearwasasfollows
	UniversityLecturers CUFLecturers Otherteachingandresearch Other		17 4 3 4		14 12 3 4
	Total		35		33

9	TANGIBLEFIXEDASSETS
	Group& College	Freehold	Assets		Fixtures,
		landand buildings	Under Construction		fittingsand equipment	Total
		£000	£'000		£000	£'000
	Cost At startofyear Additions	82,739 1,172	1,086	:	2,909 452	86,734 1,624
	Transfers
	Atendofyear	83,911	7,086		3,361	88,358
	Depreciationandimpairment
	Atstartofyear Depreciationchargefortheyear	8,408 1,332		7 -	2,231 181	10,639 1,513
	Atendofyear	9,740		:	2,412	12,152
	Netbookvalue Atendofyear	74,171	1,086		949	76,206
	At startofyear	74,331	1,086		678	76,095
10	PROPERTYINVESTMENTS
	Group& College				2024	2023
		Commercial			Total	Total
		£000			£'000	£'000
	Valuationatstartofyear	23,006			23,006	1,656
	Additions.	10,800			10,800	19,222
	Investmentmanagementfees Revaluationgains/(losses)intheyear	(10) 1,554			(10) 1,554	2,128
	Valuationatendofyear	35,350			35,350	3,006

11	OTHERINVESTMENTS.
	Allinvestmentsareheldatfairvalue. Groupinvestments Valuationatstartofyear			2024 £°000 40,343	2023 £'000 60,197
	New moneyinvested Amountswithdrawn Reinvestedincome Investmentmanagementfees (Decrease)/increaseinvalueofinvestments			(11,780) 944 (136) 2,763	(20,054) 4,013 (481) (632)
	Groupinvestmentsatendofyear			32,134	40,343
	Investmentinsubsidiaries			2	2
	Collegeinvestmentsatendofyear			EPA	40,345
	Groupinvestmentscomprise:	Heldin theUK £000	2024 Total £'000	Heldin theUK £'000	2023 Total £'000
	Equityinvestments Propertyfunds Fixedintereststocks Alternativeandotherinvestments	21,272 997 3,310 2,077	21,272 997 3,310 2,077	18,501 1111 4,014 2,719	18,501 4,111 4,014 2,719
	Fixedtermdepositsandcash	4,478	4,478	13,998	13,998
	Totalgroupinvestments	32,734	32,134	40,343	40,343

Theresultsandtheirassetsandliabilitiesoftheparent	andsubsidiariesattheyearendwere	asfollows.
	Parent College	StHilda'sCollege (Trading)Ltd	StHilda'sCollege DevelopmentsLtd
	£'000	£'000	£000
Income Expenditure	12,544 (12,893)	756 (409)
Resultfortheyear	____ay
Totalassets Totalliabilities	151,122 (24,461)		(22)
Netfundsattheendofyear	126,667
Detailsofprioryearareshowninnote29b

TheTrusteeshaveadopteda dulyauthorisedpolicyoftotalreturnaccountingfor returntobeappliedasincomeiscalculatedas3.5%(2015:3.5%)oftheaverage preserved(frozen)valueoftheinvestedendowmentcapitalrepresentsitsopen dateofgift	TheTrusteeshaveadopteda dulyauthorisedpolicyoftotalreturnaccountingfor returntobeappliedasincomeiscalculatedas3.5%(2015:3.5%)oftheaverage preserved(frozen)valueoftheinvestedendowmentcapitalrepresentsitsopen dateofgift	theCollegeinvestmentreturnswitheffectfromAugust2000.Theinvestment oftheyear-endvaluesoftherelevantinvestmentsineachofthelast5 years.The marketvalueinAugust2009togetherwithallsubsequentendowmentsvaluedat	theCollegeinvestmentreturnswitheffectfromAugust2000.Theinvestment oftheyear-endvaluesoftherelevantinvestmentsineachofthelast5 years.The marketvalueinAugust2009togetherwithallsubsequentendowmentsvaluedat	theCollegeinvestmentreturnswitheffectfromAugust2000.Theinvestment oftheyear-endvaluesoftherelevantinvestmentsineachofthelast5 years.The marketvalueinAugust2009togetherwithallsubsequentendowmentsvaluedat	theCollegeinvestmentreturnswitheffectfromAugust2000.Theinvestment oftheyear-endvaluesoftherelevantinvestmentsineachofthelast5 years.The marketvalueinAugust2009togetherwithallsubsequentendowmentsvaluedat	theCollegeinvestmentreturnswitheffectfromAugust2000.Theinvestment oftheyear-endvaluesoftherelevantinvestmentsineachofthelast5 years.The marketvalueinAugust2009togetherwithallsubsequentendowmentsvaluedat
			PermanentEndowment		Expendable	Total
			Unapplied		Endowment	Endowments
	Trustfor		Total
	Investment		Return	Total
	£'000		£'000	£'000	£'000	£'000
Atthebeginningoftheyear:
Giftcomponentofthepermanentendowment	14,586			14,586		14,586
Unappliedtotalreturn			15,086	15,086		15,086
Expendableendowment					31,023	31,023
TotalEndowments	14,586		15,086	29,672	31,023	60,695
Movementsinthereportingperiod:
Giftofendowmentfunds				-	11	1
Investmentreturn: totalinvestmentincome			885	885	873	1,758
Investmentreturn:realisedandunrealisedgainsandlosses Less:Investmentmanagementcosts			2,152 (72)	2,152 (72)	2,124 (72)	4,276 (144)
Othertransfers		=	E	:	is	cf
Total		-	2,965	2,965	2,936	5,901
Unappliedtotalreturnallocatedtoincomeinthereportingperiod			(893)	(893)	(752)	(1,645)
Expendableendowmentstransferredtoincome		-	(893)	(893)	- (752)	- (1,645)
Netmovementsinreportingperiod		-	2,072	2,072	2,184	4,256
Atendofthereportingperiod:
Giftcomponentofthepermanentendowment	14,586		=	14,586	°	14,586
Unappliedtotalreturn			17,158	17,158	=	17,158
Expendableendowment					33,207	33,207
TotalEndowments	74,586		17,158	31,744	33,207	64,957
Detailsofprioryearmovementsareshowninnote29c

14	DEBTORS
		2024 Group	2023 Group		2024 College	2023 College
	Amountsfallingduewithinoneyear:	£°000	£000		£'000	£'000
	Tradedebtors AmountsowedbyCollegemembers	604 5	565 5		481 a	488 -
	AmountsowedbyGroupundertakings	*	_		427	457
	Loansrepayablewithinoneyear Taxationandsocialsecurity Prepaymentsandaccruedincome	21 808	18 24 435		21 799	18 435,
	Otherdebtors	22	22		22	22
		1,455	7,064		7,750	7,420
15	CREDITORS:fallingduewithinoneyear
		2024 Group	2023 Group		2024 College	2023 College
		£°000	£000		£'000	£'000
	Tradecreditors AmountsowedtoGroupundertakings	3,006 E	1,052 =		3,006	1,052
	Taxationandsocialsecurity	141	186		141	186
	Collegecontribution	:		E	:	:
	Accrualsanddeferredincome	338	306		334	300
	Othercreditors	1,137	579		1,106	556
		4,622	123		4,587	094
16	CREDITORS:fallingdueaftermorethanoneyear
		2024 Group	2023 Group		2024 College	2023 College
		£'000	£000		£'000	£'000
	Bond*	19,839	19,834		19,839	19,834
		19,839	19,834		19,839	19,834

17	ANALYSISOFMOVEMENTSONFUNDS	At1 August 2023 £000	At1 August 2023 £000	Incoming resources £'000	Resources expended £'000	Transfers £'000	Transfers £'000	Gains/ (losses) £'000	Gains/ (losses) £'000	Gains/ (losses) £'000	At34July 2024 £'000	At34July 2024 £'000
	EndowmentFunds- Permanent StudentSupportFunds JRF Funds	1,286 4,727		33 41	3 3	23	=	80 401			1,373 1,866
	TeachingFunds: Humanities& SocialSciences MedicalSciences Physical& LifeSciences.	7,478 1,877 2,890		230 57 88	19 5 7	244 61 94		559 138 213			8,004 2,006 3,090
	General purpose Otherpurposes	14,280 141		433 3	36 -	466 4		1,053 8			15,264 148
	EndowmentFunds- Expendable Student SupportFunds JRFFunds TeachingFunds. Humanities& SocialSciences MedicalSciences Physical& LifeSciences	5,436 2,196 4,325 1,206 1,550		153 58 126 36 47	13 5 10 3 4	74 141 34 51	-	372 142 310 87 114			5,874 2,391 4,610 4,292 1,656
	Otherpurposes	1,595		40	3	22		96			4,706
	EndowmentFunds- ExpendableDesignated StudentSupportFunds JRF Funds TeachingFunds: Humanities& SocialSciences MedicalSciences	782 1,254 3,780 3,010		27 30 116 91	2 2 4 7	16 i. 125 98		55 73 282 223			846 1,355 4,042 3,218
	Generalpurpose	5,673		148	14	182		357			5,985
	Otherpurposes	209		12	-	10		13			224
	TotalEndowmentFunds- College	60,695		1,769	144	(1,645)		4,276			64,951
	TotalEndowmentFunds- Group	60,695		7,769	144	(1.645)		4.276			64,951
	RestrictedFunds Transferfromendowmentfundsforspending Studentsupportfunds Scholarship& BursaryFund Access CollegeContributionfund Fellowshipfunds Libraryfund Otherfunds	106 905 114 627 537 1,023	0	3 192 34 214 13 55 65	997 2 119 : 214 21 530 171	997	“ * - :	- 7 4 “ - 30 - :			114 982 148 649 62 917	2
	TotalRestrictedFunds- College	3,312		576	2,054	997		41			2,872
	Restrictedfundsheldbysubsidiaries
	TotalRestrictedFunds- Group	3,312		576	2,054	997		41			2,872
	UnrestrictedFunds Generalfunds Designated Pensionreserve	2,456 57,994 (2,148)		8,230 1,623	10,943 1,516 (2,148)	648					391 58,104	3
	TotalUnrestrictedFunds- College	38,302		9853	70,311	648				z	58,492
	Unrestrictedfundsheldbysubsidiaries	385		347	385						347
	TotalUnrestrictedFunds- Group	58,687		10,200	10,696	648				-	58,839
	TotalFundsCollege	122,308		12,198	12,508			4317			126,315
	TotalFundsGroup	122,693		12,544	12,893			4,317			126,662
	Prioryearfundsmovementsareshowninnote29(d)

18	FUNDSOFTHECOLLEGEDETAILS
	Thefollowingis asummaryoftheoriginsandpurposesofeachoftheFunds
	EndowmentFunds- Permanent:
		*A consolidationof giftsanddonationswhereincome,butnotcapital,canbe usedforthegeneralpurposesofthecharity
	EndowmentFunds- Expendable:	*A consolidationofgiftsanddonationswhereeitherincome,orincomeandcapital, canbeusedforthegeneralpurposesofthecharity
	RestrictedFunds:	*A consolidationof giftsanddonationswherebothincomeandcapitalcanbe usedforrestrictedpurpose
	DesignatedFunds Fixedassetdesignated	*UnrestrictedFundswhicharerepresentedbythefixedassetsoftheCollege lessexternalborrowingtofundtheiracquistion andthereforenotavailable forexpenditureontheCollege'sgeneralpurposes	,
	125Fund	*Thisisa fundusedforprojectsrelatingtothe125thanniversaryoftheCollege

ANALYSISOFNETASSETSBETWEENFUNDS
	Unrestricted	Restricted	Endowment	2024
	Funds	Funds	Funds	Total
	£'000	£'000	£000	£'000
Tangiblefixedassets Propertyinvestments	76,206 1,800	- -	: 33,550	76,206 35,350
Otherinvestments	=		32,134	32,134
Netcurrentassets Longtermliabilities	672 (19,839)	2,872 -	(733) i	2,811 (19,839)
	58,839	O72	64,957	126,662
	Unrestricted	Restricted	Endowment	2023
	Funds	Funds	Funds	Total
	£'000	£000	£000	£'000
Tangiblefixedassets	76,095	-	-	76,095
Propertyinvestments.	1,656	=	21,350	23,006
Otherinvestments		-	40,343	40,343
Netcurrentassets Longtermliabilities	2,918 (21,982)	3,312 s	(330) =	5,231 (21,982)
	38,68"	3,312	67,363	122,693

Remunerationpaidtotrustees
		2024		2023
		Grossremuneration,taxable
	Numberof	benefitsandpension	Numberof	Grossremuneration,taxablebenefits
Range	Trustees/Fellows	contributions	Trustees/Fellows	andpensioncontributions
		£		£
£3,000-£3,999	3	5,400	4	7,200
£13,000-£13,999	1	13,436	1	13,512
£19,000-£19,999	1	19,525	-	-
£20,000-£20,999	:		1	20,868
£21,000-£21,999	1	21,859	-	i
£23,000-£23,999	2	47,224	=	-
£24,000-£24,999	od	=	1	24,983
£25,000-£25,999	13	333,778	11	279,639
£30,000-£30,999	1	30,675	1	30,375
£34,000-£34,999	-	-	1	34,454
£41,000-£41,999	ra	:	1	41,065
£42,000-£42,999	1	42,145	1	42,151
£50,000-£50,999	2	100,392	2	100,962
£54,000-£54,999	-	-	1	54,161
£55,000-£55,999	1	55,555	-	i
£56,000-£56,999	1	56,872	-	-
£58,000-£58,999	-	-	1	58,070
£62,000-£62,999	4	249,740	4	249,377
£64,000-£64,999	1	64,935	1	64,844
£67,000-£67,999	1	67,435	1	67,344
£93,000-£93,999	1	93,159	-	=
£95,000-£95,999	-	-	1	95,636
£98,000-£98,999	1	98,032	1	98,143
£108,000-£108,999	-	-	1	108,513
£122,000-£122,999	1	122,157	-	-
£131,000-£131,999	s	-	1	131,936
£140,000-£140,999	1	140,950	he	=
Total	37	7,563,269	36	T,523,233_

		2023/24	2022/23
	Scheme	£'m	£'m
	UniversitiesSuperannuationScheme	466	558
	UniversityofOxfordStaffPensionScheme TotalEmployerContributions	313 779	330. 888
22	TheCollegeisabletotakeadvantageofthetaxexemptionsavailabletocharitiesfromtaxationinrespectofincomeandcapitalgainsreceivedtotheextentthat suchincomeandgainsareappliedtoexclusivelycharitablepurposes.NoliabilitytocorporationtaxarisesintheCollege'ssubsidiarycompanybecausethe directorsofthecompanyhaveindicatedthattheyintendtomakedonationseachyeartotheCollegeequaltothetaxableprofitsofthecompanyundertheGiftAid scheme.Accordinglynoprovisionfortaxationhasbeenincludedinthefinancialstatements
23	FINANCIALINSTRUMENTS
	TheCollegehascertainfinancialassetsandfinancailliabilitiesofa kindthatqualifiyasbasicfinancialinstruments Basicfinancialinstrumentsareinitiallyrecognisedastransactionvalueandsubsegentlymeasuredatamortisedcost. Certainotherfinancialinstrumentsareheldatfairvalue,withgainsandlossesbeingrecognisedwithinincomeandexpenditure
			2024	2023
			Group	Group
			£'000	£'000
	Financialassetsmeasuredatfairvaluethroughprofitorloss.
	Investments		67,484	40,343
			67,484	40,343
	Financialassetsmeasuredatamortisedcost
	Cashandcashequivalents		5,916	6,240
	Debtorsandaccruedincome		647	629
			6,563	6,869
	Financialliabilitiesmeasuredatamortisedcost
	Bankloans		19,839	19,834
	Accrualsanddeferredincome		318	306
	Othercreditors		1,137	579
			21,294	20,719

24	RECONCILIATIONOFNETINCOMINGRESOURCESTO
	NETCASHFLOWFROMOPERATIONS	2024	2023
		Group	Group
		£'000	£'000
	Netincome/(expenditure)	3,969	1,266
	Eliminationofnon-operatingcashflows
	Investmentincome (Gains)/lossesininvestments Endowmentdonations	(2,166) (4,317) (11)	(1,658) (1,496) (8)
	Depreciation	1,516	1,501
	Amortisationofbondissuecosts	5	5
	Decrease/(Increase)instock	(12)	(5)
	Decrease/(Increase)indebtors (Decrease)/Increaseincreditors (Decrease)/Increaseinpensionschemeliability	(390) 2,499 (2,148)	(235) 443 (1,055)
	Netcashprovidedby(usedin)operatingactivities	(1,056)	(1,242)

		2024	2023
		£'000	£000
Cash Notice	atbankandinhand deposits(lessthan3 months)	3,326 2,590	2,251 3,989
Total	cashandcashequivalents	5,916	6,240

Thesetransactionswereatarmslength.
	2024	2023
DrS Norman	£6,355	£3,786
DrK Hoge	£6,418	£6,020
MrT Anstey( ITmanager)	£3,437	£2,568
DuringtheyeartheCollegemadepaymentsof£13,365(2022/23£5,075)toanartsorganisationcontrolledbya relatedparty ofProfessorM Harry(JdPArtisticDirector)

a)	ConsolidatedStatementofFinancialActivities
	Fortheyearended31July2023	Unrestricted Funds £1000	Restricted Funds £000		Endowed Funds £000			2,023 Total £'000		2,022 Total £'000
	Charitableactivities: Teaching,researchandresidential OtherTradingIncome Donationsandlegacies Investments Investmentincome Totalreturnallocatedtoincome Otherincome	7,342 798 803 301 649 9,893	1,510 13 1,178 2,701	- -	8 1,344 (1,827) (475)		= :	7,342 798 2,321 1,658 12,119	é	6,035 497 2,383 1.617 10,532	-
	Charitableactivities: Teaching,researchandresidential	9,024	2,216			:		11,240		12,894
	Generatingfunds: Fundraising Tradingexpenditure Investmentmanagementcosts	511 a7 9,952	- - 2 2,218		179 179	-		511 a7 181 12,349		444 235 234 13,807
		(58)	483		(654)			(230)		(3,275)
	Netgains/(losses)oninvestments	-	14		1,482			1,496		(2,113)
		8)	497		828			1266		388)
		(58) 58,745	497 2,815		828 59,867			1,266 121,427		(5.388) 126,815
		38,687	3312		60,695			122,653		721,427

	Parent College	StHilda'sCollege (Trading)Ltd	StHildasCollege DevelopmentsLtd
	£000	£'000	£000
Income Expenditure	12,119 (12,336)	803 (418)	(491) 191
Resultfortheyear	ery
Totalassets Totalliabilities	146,397 (24,076)		26 (26)
Netfundsattheendofyear	22,32

		PermanentEndowment		Expendable		Total
	Trustfor	Unapplied Total		Endowment		Endowments
	Investment	Return	Total
	£'000	£'000	£'000	£'000		£000
Atthebeginningoftheyear:
Giftcomponentofthepermanentendowment	14,586		14,586			14,586
Unappliedtotalreturn		14,675	14,675			14,675
Expendableendowment				30,606		30,606
TotalEndowments	14,586	14,675	29,261	30,606		59,867
Movementsinthereportingperiod:
Giftofendowmentfunds			=	8		8
Investmentreturn: totalinvestmentincome		677	677	667		1,344
Investmentreturn:realisedandunrealisedgainsandlosses Less:Investmentmanagementcosts		746 (90)	746 (90)	736 (89)		1,482 (179)
Total	-	1,333	1,333	1,322		2,655
Unappliedtotalreturnallocatedtoincomeinthereportingperiod		(922)	(922)	(905)		(1,827)
Netmovementsinreportingperiod	z	411	ait	at7		628
Atendofthereportingperiod:
Giftcomponentofthepermanentendowment	14,586	-	14,586		-	14,586
Unappliedtotalreturn		15,086	15,086		-	15,086
Expendableendowment				31,023		31,023
TotalEndowments	74,586	15,086	29,672	31,023

qd)	ANALYSISOFMOVEMENTSONFUNDS	ANALYSISOFMOVEMENTSONFUNDS	At1August	At1August	Incoming	Resources		Gains/	At31July	At31July
			2022		resources	expended	Transfers	(losses)	2023
			£'000		£000	£'000	£000	£1000	£'000
	EndowmentFunds- Permanent StudentSupportFunds JRFFunds		1,264 1,695		25 32	3 4	28 31	28 35	1,286 1,727
	TeachingFunds: Humanities& SocialSciences MedicalSciences Physical& LifeSciences		7,374 1,853 2,852		176 43 67	23 6 9	243 61 94	194 48 74	7,478 1,877 2,890
	General purpose		14,092		331	44	464	365	14,280
	Otherpurposes		137		2	-	1	3	141
	EndowmentFunds- Expendable Student SupportFunds		5,324		117	17	117	129	5,436
	JRFFunds TeachingFunds:		2,247		45	6	139	49	2,196
	Humanities& SocialSciences MedicalSciences Physical& LifeSciences		4,276 1,186 1,528		96 28 36	13 4 4	141 34 50	107 30 40	4,325 1,206 1,550
	Otherpurposes		1,536		30	4	~	33	1,595
	EndowmentFunds- ExpendableDesignated
	StudentSupportFunds		754		19	2	8	19	782
	JRFFunds		1,209		23	3	«i	25	1,254
	TeachingFunds:
	Humanities& SocialSciences		3,729		89	13	123	98	3,780
	MedicalSciences		2,970		70	9	98	77	3,010
	Generalpurpose		5,636		113	14	186	124	5,673
	Otherpurposes.		205		10	4	9	4	209
	TotalEndowmentFunds-	College	59,867		1,352	179	(1,827)	1,482	60,695
	TotalEndowmentFunds	-Group	59,867		1,352	179	(1,827)	1,482	60,695
	RestrictedFunds Transferfromendowmentfundsforspending ‘Studentsupportfunds Scholarship& BursaryFund Access CollegeContributionfund Fellowshipfunds Libraryfund Otherfunds		102 905 89 628 66 1,025	-	2 119 25 400 10 471 496	1,178 120 - 400 22 - 498	1,178 - = - - - -	= 2 1 - - 11 . -	106 905 114 627 537 41,023	- x
	TotalRestrictedFunds- College		2,815		1,523	2,218	1,178	14	3,312
	TotalRestrictedFunds- Group		2,815		1,523	2,218	1,178	14	3,312
	UnrestrictedFunds
	Generalfunds		4,029		6,983	9,205	649		2,456
	125Fund		36			36				-
	CollegeContribution Designated Pensionreserve		57,618 (3,203)		1,877	1,501 (1,055)			57,994 (2,148)
	TotalUnrestrictedFunds	-College	58,480		8.860	9,687	649	*	58,302
	Unrestrictedfundsheldbysubsidiaries		265		385	265			385
	TotalUnrestrictedFunds	-Group	58,745		9,245	9,952	649	-	58,687
	TotalFundsCollege		121,162		11,734	12,084		1,496	122,308
	TotalFunds Group		121,427		12,119	12,349		1,496	122,693