## ## ||| |---|---| |CONTENTS|Page| |Trustees and Principal Advlmrs|| |Trustees' Report for the year ended 30June 2021|3-6| |Statement ofTrustees'
responsibilities
for the year ended 30June 2021|| |Independent
Auditors'
Report|8-10| |Consolidated
Statement ofFinancial Activities for the year ended 30June 2021|| |Consolidated
Bahnce Sheet as at 30June 2021|12| |College Balance Sheet asat30June 2021|13| |Coasolidated
Cash Flow Statement for the year ended 30June 2021|14| |Notes to the Financial Statemeats for the year ceded 30June 2021|15-28| |Consolidated
Statement ofFiasncial Activities for the year ended 30Juae 2020|29| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||Gsaersl phnds|Resigmdad|Resigmdad|Resigmdad|Restricted|Restricted||2022|||2020| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||Nels|Mtdonmsnt||(Vnresldcledl|Shads|||nhadl|||Taml|||Toml| ||||||dDOO's||«000's|6000's|||5000's|||OOOIJ's|||qDDO's| |RICGMNG RIRGIBICM|||||||||||||||||| |Jeconw Somdonatinns
sad legacies|||||||670||1332|||||5~|||| |Jucom Sum charitable mtivities||||2|||9/IM|||||||93JM|||| |Income flem other tmdiag activides||||4|||128|||||21||109|||| |levesuncat lacoms||||3||41330|75|||||2,863||92652|||| |'TGTAI INCOME||||||dfdt$0|$E799|2434||||d,ltQ||JgfF27|||79,7$$| |dhpcvd/nwc
sagwnwnlhlglhaM|||||||||||||||||| |Paadlsisdg costs|||||||825|||||||825|||1,039| |Jasn interest|||||||4396|||||||4396|||4320| |Estates sad Jnvcstmcat
Mmagenmnt||costs|||||12
6|||||524||12$3SJ|||14,891| ||||||||3fdpf|||||$24||Jfrii21|||20r2$0| |cast o/rrssdar0/e
ocrivl/iss|||||||39,010|2,167||||2$53||43,730|||44306| |drher Rc/wsdharu|||||||||||||||||| |thtveoumce
costs|||||||551|||||||551|||393| |vntwsshp
connlllat Mn lul der statute||Gl|||||2549|||26||240||233$|||I| |TOTALRSSOIBICM ESPENRER|||||||$9,407|2J9$||||$437||64937|||67620| |Ngf %COMP(EEPSPRJS||||||4$$t$0|G,600)|||4$2rii25||||42490|||JRJM| |lhucals al gains an Jnvestawnt|Assets|||||||||||34,4rR||267,183|||6,666| |NSB'INCGMING RE90VRCRD|SSSGRE|||||274$I50|GADO)|||43||37480||309@73|||II4801| |TRANSSEBS|||||||||||||||||| |Thmsfcm between Ends||||19|||(3371)|9,513||||(6,142)|||||| |NOTJNCOMINGRBSOVBCBS|APPMt|||||274rf60|(5,979)|9856|||31346|||309r573|||II4802| |TRANSPSRS|||||||||||||||||| |thhsr recogcirr4 gstss dt losses:|||||||||||||||||| |Actuadal Gtmr/Vosscs)
on dedned benedt pension
schcnw||||Jd|||17vt02|||||||17202|||(I1,504)| |||||||274+50|12423|9||6|31346|||3X4$75|||7
7| |Total funds bmught forwsd||||||1$II326|2(t38$5||6il||151641|||1$Btdt67||I|| |Tmal Ihndl carried feemud|||||1|5976|37 08|60|71||1|787|1|2|I||9 67| |Thme sre no nwognised
gains orlosses|||other tbsn those|diedosed||above. Ag|oftbe above msuhs derive|||Oom|conriauing||opcmlions.||||| |Tluae il no mstedal ditgsmce between|||rhe aet incommg|resources||Rrthe Snsncisl yearn staled||above|and their historical cost equivaleets||||||||| ## ## |||2021|2020| |---|---|---|---| ||Note|Tend|Tend| |FMiD ASSEfS||8000's|8000's| |Investments|10|1,896,503|1,668295| |~ASSEfS||1,896r$03|1,668,295| |Stock|11||2292| |faAtots: due ager saute than one year|12|846|821| |Debtots due within one year|12|75382|15,865| |Cash at bank and in hand||401)40|38,880| |||119,175|$7di58| |(2USRTORS: AMOUNTS FAL12NGDIRWfllllN ONEYEAR|13|39854)|(62,175I| |TOTALASSEIBLESSCUERliNT LIABILITBS||1,97$,024|1,663,978| |CREDITORS:AMOUNTSFALLINGDIKAFIIMORETBANONEYEAR|14|(91,118)|(91791)| |NEfASSEIS EXCLUDING PENSION SCIIIMEIJABRJIV||1,884,706|1,$72,187| |PENSION SCRIMELIABILIIY|16|(18,164)|(32220)| |NEf ASSEISINCLUDING 1%NSION SCHEMELIABK1TY||1,866',S42|1,$39,967| |Represented
by.'|||| |Bndowanat
funds|19|1385976|1311326| |Restricted funds|19|182,787|I St dill| |Designated
funds|19|60,171|50615| |General funds —general tesetve|19|37,608|26 85| |||12165,342|1,$39,967| ## ## ||||2021|2020| |---|---|---|---|---| |||Note|Total|Toad| |IrlXKDASSEIS|||KQI)Q's|8000's| |lnvestmonts||10|1,786,946|1~,927| ||||1,786,946|l,$28i927| |CllRNPK ASS EIS||||| |Stock||11|1,881|1256| |Debtors: due ager more than one year||17.|23,455|22,710| |Debtom due within one year||12|65,740|38,650| |Cash atbonk snd in hand|||19228|28 190| ||||IIda404|91,406| |CREDHORSt AMOUNTS PALLINGDUEWITH)NONKYEAR
TOTALASSEISLlgS~LIABIUIIQS||13|(18,158
1,879,192|(26,331)
1,594,002| |CREDHORSt AMOUNTS IrALLINGDUEAQTKR|MORE THAN ONEYEAR|14|(90000)|(90000)| |NEI'ASSEIS IXCLUDING PENSION SCHQMELIABE.ITV|||1,789,192|1,$04,002| |PKNSION SCBEMELIABHlfY||16|(18,164)|(32220)| |NQT ASSKISINCLUDING PENSION SCHEMELIABILIIY|||li77Ii028|I/71r782| |Reprereared
by:||||| |Endowment
funds||20|ti483,816|1,235,020| |Restricted
funds||20|182,787|151,642| |Designated
funds||20|60,171|5)2615| |Genecd funds —general reserve||20|44~|34,505| ||||1,771,028|Ia471,782| ## ## |||2021|2020| |---|---|---|---| |||8$000|8'000| |NET CASH FLOW FROM OPERATING ACTIVITIES|||| |Net incomiog resources ager transfers (as per the Statement of|||| |Financial Activities)||309,373|18,801| |$tdjnsenen isfor:|||| |Investment
income
Net (gaias) on investments
Total pcnsksn losses~In|SOFA exchtdhg actllsrht loss|(92,653)
(255,138)
4+94|(64,004)
(8,823)
3$406| |pension c
tribunom
by the Cogege||(1,148)|(1,188)| |Loan interest
Working capitalm~||4496|4420| |- gncrease)/Decrease
iastocks||(15)|69| |-Increase m debtms||(59,741)|(I@34)| |-Decrease in credhors||(22$994)|(21,781)| |Net cash used in operating
actividcs||(1135626)|(70$534)| |CASH FLOW FROM
L$$VESTING ACTIVITIES|||| |Purchase ofSxedasset imestments||(69,986)|(272,481)| |Pmceeds from disposal offnred asset investments||96,916|233,861| |Investment
income||92,652|64,004| |Net cash generated Ann mvesnng
activgies||119,582|25@84| |CASH FLOW FROM FINANCING ACTIVITIES|||| |Interest paid||(4896)|(4,320)| |Nct cash used in financing a tivities||(4,396)|(4,320)| |NET INCREASE/(DECREASE)|IN CASH AND CASH||| |EQUIVALENTS||1,560|(49,470)| |Cash and cash equivalents
at the start ofthe year||38Jtgg|88450| |CASH AND CASH EQU1VALENTS AT THE END OFTHE|||| |YEAR||401440|38$880| |Cash and cash eguivalents
consists og|||| |Cash at bank and in hand||40$440|38,880| |Cash aud cash equivalents||40/440|38,880| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||lhdcwmsnt|GmeralFunds|GmeralFunds|Designated|Resnicted|2021|2020| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Ponds|(Unresnictsd)||Funds|Funds|Tahl|Total| |||||||1'000||6'000|1'0(8|8000|fNtgg|f'000| |fbgege Fees||||||||4.182|||drg92|4,774| |Residence|and catermg|||||||4,077|||46177|4,710| |Other Fees||||||||57|||51|2,919| |||||||||9,t86||||| |COIARGKPR08||||||||||||| |Feelncouw|paid ou behalf ofundetgmdustes||||at the pubgc)y|funded
uadmgrad|usta rate per espim ihe f4/22 (2020f4$5e)||||2S73|| |Pmrately-ha
dad ondmgradu
ate fee income,
orf5333(Matric 2020)b applied to each dw|||||per cspih Bc613833,a bmsaty off6225(nntdc 2019orbehm)
(2000,113340bumaty f6003)||||||I/57|1/85| |Feemcame|received atthe gmduate he mtc||||((per capha fae64107(202063ttso))||||||961|984| |||||||||||||k| |||||||Bndownunt|thneralFunds||Dssigaated|Restricted|IOM|2020| |||||||Funds|(Umestricted)||Funds|Funds|Tahl|Total| |||||||COOO||6'000|6'000|1'000|IFOOO|6'000| |Fmparty -College||||||28,231||29rt56||60|57,747|35rc(B| |Pmpm0r
~ Subsidiaries||||||13699||13341|||271040|tyrt52| |Bgukies||||||||4,065|884|2,783|7,132|10,432| |Bankhterest||||||||If3||20|133|655| |||||||4IP30||46,975|884|2,863|926152|64384| |4.BiCOMSAtOMOTBgR|||TRABING|ACTIVE||||||||| |||||||Bhdowment|Omcml Punds||Desigaated|Restricted|1021|2020| |||||||Panda
f'000|(Unemtrictcd)
8'000||Puads
f,'000|Funds
3'000|Total
8'000|Total
6'000| |Coahmnoos||||||||||||21| |Totttlstlt||||||||||||59| |Other|||||||||||169|242| |||||||||128|20|21|169|326| |5.ISTATKI||AND BIV002260NT MANAGEMENT COSTS||||||||||| |||||||Pedownnnt|OcnemlPunds||Designated|Resnicted|2021|IO| |||||||funda|(Unrmtrictsd)||Pands|Fuads|Tahl|Total| |||||||6'000||f'000|6780|f.'000|8000|f'000| |Cogege costs||||||||5,816||524|th340|5,998| |Subsidiaries|costs|||||||ft260|||dr260|83193| |||||||||12,076||524|IA600|14+It| ## ## ## |||Eudownmnt|OenmnlFunds|Designated|Restricted|2021|2020| |---|---|---|---|---|---|---|---| |||Feeds|(Unrestricted)|Funds|Fuads|Temt|Total| |||f'000|6'000|f'000|6'000|IF000|f*COD| |Residence aud catering|||10,970||9|I0879|11,480| |Tea~hing, Tutorial and Adndssions|||17@84|245|84|17,713|14,925| |Resmmh|||3,916|30|151|4,097|7,154| |Scbobrships|and awards||2,778|910|2,295|5,903|6,144| |Donatioas|||3,902|982|14|ASS|4,603| ||||39010|2,167|2,553|43730|44PI6| ||||2021|2(00| |---|---|---|---|---| ||||Tbtsl|Total| |de enslyric ofthe donerioes iserlhlfotmt|||f'000|5'000| |haec Newton Trust|||IE00|1,500| |Canibridge|Trust||13100|1250| |Cambridge|Hearn/ EUScholamhip|Schenn|SSO|600| |Gunhridge|Colleges Teecbmg||952|711| |Other|||656|542| ## |2021|2020| |---|---| |Total|Total| |f'000|f'000| |2S3|114| |5.166|5,168| ## ## |NOTES TO THE FINAN
(cendnued)|CIAL||STAT|EM|ENTS FOR THE YEAR ENDE|D 30JU|NE 2021| |---|---|---|---|---|---|---|---| |9.STARS NUMBERS ANP COS('S|||||||| |Tbc monthly
avemge number ofpemom
(tnctudhrg du||Trustees) employed|||by the CoBcgs during the year wae; 380(2020:606)||| |Tlw ccsw associated with thee«employees
was:|||||||| |||||||2031|2020| |||||||8'000|f'000| |Wages and mlmies||||||13JS8|15331| |Social secudiy cosh||||||1~6|1,561| |Pcrnloa costs - dcfincd bcrwfit cchctnc sclvmc|cost|||||gdtdd|3.007| |||||||19,170|192199| |Trustms|||||||| |Ihmng Ihe year m fees or expemes were paid|toPefiows||in scspccl|oftheir|duties as Trmtees (2020I none).||| |Paymems
m Trustees made uwlcr tbe autlwrtty|ofami|in accotdams||with tbe Statutes ofthe College, m respect of|||| |msching, rmearch and admlnlsoadve
duties amounted||lo:|||||| ||||2021|2020| |---|---|---|---|---| ||||8'000|f'000| |Agpegale
mnolumeats|||601|525| |Pensioe cosnibulicm|||44|43| ||||645|568| |Thc number ofCollege kfiows snd stall whose remunemtion,|excluding panion cmmibudom,|exceeded 560000was as follows:||| ||||2021|2020| ||||No|No| |860,000 - f69,999|||9|7| |6703100-879599|||5|10| |f803100 - 589P99|||7|7| |fpdd)00 -f99,999|||5|1| |f1ogdtdg - f109599|||2|1| |Q20500- ft29599|||0|1| |ft30500-5139999|||1|1| |||||28| ## ## |||||Csosolldstsd|Consogdated|College|College| |---|---|---|---|---|---|---|---| |||||2021|2020|2021|2020| |||||6TIOO|CODD|P,'000|| |Market value|at IInly|||IP60r295|1,61D,853|IP28P27|IP12,684| |Addhions||||69P86|272rul|69P86|240,II9| |Disposah||||(96P16)|(233,861)|(59P67}|(233261)| |Net mvcstowot gsias/(heres)||||255138|8,822|248000|9,9I5| |Msrksl vahc at 30tune||||I 96 03|!,668,295|I'186P46|I528,927| |||||Cess agdstsd|Cmsogdsted|CeBege|| |||||2021|2020|2021|| |||||6TIOO|5:000|6'000|| |Rcpmsented|by:||||||| |Pmpwty|||||884r367|765P32|712,433| |Assets uadcr coostructioa|||||58.152||Itrt08| |Equities
Unlisted investmmts||||863,725
2?7I|646501
17,651|863,725
22,702|646,901
17PII| |Money Market Funds||||56,976|61P24|56P76|61/24| |Iavestments|m subsidiary|uadwtsldngs|(gee aotc 18)|||77711|79PIO| |||||IP96503|l,ddt(295|I 706P46|IP28527| ## |11.STOCK||||| |---|---|---|---|---| ||Cansolidnwl|Consokdsted|Cousge|Colhge| ||2021|2020|2021|2020| ||f'000|f'OOO|f'000|f'OIIO| |Provisions|IPOI|1,856|IPgt|IP56| |Cmps snd seeds|426|436||| ||7|2,292|I 81|1,856| ## ## ||Coasogdated|Consolidaaxl|Cogege|College| |---|---|---|---|---| ||2021|2020|2021|2020| |Amounts
faglag due atter more tbtm one year
Aneuan
owed by subsidiary~|f'000|f'000|0000's
22,609|5000's
21,889| |Ofbsr debtors|||046|821| ||846|821|23r455|22,710| |Aaeunts
falling due within oae year||||| |gcnh rcccivable|6Irt57|9,639|12,272|5,10D| |9 ep yuerm
and accrued herme
Other debtom
Aaemm owcdby subsidiary~|5+46
34010|I,DD9
337|5,546
3,680
39,104|12,868
337
IA285| |Trade debtors||4060|058|4060| ||75i582|15,865|65,740|38,650| ||76,428|16.686|89195|6I360| |13,CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||| ||Comogdated|Comolidotcd|College|Cogege| ||2021|2020|2021|202D| ||f'000|f'000|5000's|5000's| |Trade crediam|20.091|20,851|6r402|33146| |Umvcrsity cmaribstion|2,835|2,671|22135|2,671| |Texas md social seceity|927|964|927|964| |Giber credinn s|734|501|134|501| |Accruals etd dchned heone|7261|37 188|7260|18349| ||393154|62,175|I 158|26,331| |I&CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR||||| ||Cornolldstad|Coeelidatcd|College|College| ||2021|2020|2021|2020| ||5'000|f'000|0MD's|5000's| |Deferred hcome|1,118|1,791||| |long tenn borrowing||90.000|90,000|| ||91118|91.79]|90 DDD|90000| |15.iYIATURITY OFEAVE LOANS||||| ||ConsoMsted|Comoiidotsd|College|Cogegc| ||2021|2020|2021|2020| ||6'000|f'000|0000's|5000's| |Inmme thm Sveyears|90,000|90000|903100|90000| ||90ODD||000|90000| ## |with gtc Sane Pension Ags fiom 20|with gtc Sane Pension Ags fiom 20|20.|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |The underlying
morality
assumpdon||is based upon|tbe standard
table|||known as S3PA anayear ofbirth mage with CMI 2020|||||| |fusee improvement
&tutors|and a long tenn rate ofSane improvement|||||of1 25'Yx per aanum &xmales and 1 0'/o per annum for|||||| |fcmalcs with no additional|improvement
and ibe standard|||smoothing||fitclor (2020:S3PAon ayear sfbirth usage wino CMt||||2019|| |and the same long term improvement||mtes and the|standard|smoothing||Stator). Tbts results in the followicg life||pectancies.|||| |The avcragc life expectancy|in years|ofapensioner|retiring at||age 65on the balance shcct||||||| |date isas follows:|||||||||||| |||||||||2021|||2020| |Male||||||||21Jt|||21.9| |Fcxmle||||||||24.1|||24.0| |The average life expectmcy|inyears|ofapensioner|retirisg at||age 65,twenty||years afar||||| |the batsrue sheet date isas|follows:||||||||||| |||||||||2021|||2020| |Male||||||||23.2|||23.2| |Female||||||||252|||25.2| |Allowance
has been made|st redremmx
for 75'/||ofall noa-re&red|||membem|to consmae||||| |part ofgmr pension Ssamsxinaun||total lump sum|on dm|basis ofgn cmrent|||comuxmtion||||| |&rotors in &mse calcelations|||||||||||| |The amounts mcogaised lathe balance sheet as|||at30Juae||aee as|fogows:||2021||2020|| ||||||||f000's|||&0&0's|| |Market value ofScheme assets|||||||70&722|||58,736|| |Present value ofScheme liabilities|||||||(88,886)||(90r/56)||| |Deficit in &m Scheme|||||||(18,164)||(32420||| |Aaalysh oftbe smouat to|be recogaised ia the consohdsted||||Statement of||Phmncial||||| |Activitiest|||||||||||| |||||||||2021||2020|| ||||||||ftt00's|||f000's|| |Clarcnt scrvlcc cost|||||||3,598|||2,776|| |Adminisnative
cxpcnscs||||||||248|||231| |lrnerest oanet dcfincd bcncfit (asset)/liability||||||||448|||397| ## ## ## ## |16.PENSION SC)IE)tgELIABILITY(CONTINUED)|16.PENSION SC)IE)tgELIABILITY(CONTINUED)||| |---|---|---|---| |Cbauges la tbe present cairn oftbe scheme gsbghtes far the year emled 30June am asiblhws:|||| |||2021|2020| |||5080's|NI00's| |Presaot value|ofscheme liabilities atbeginmag ofyear|90,956|78267| |Cuireat service cost||5308|2,776| |Employee Cornibutieni|||613| |lncneit cost||1,3II6|1,742| |AcheM (gains) losses||(5(49)|9447| |Beesgts paid||(2,444)|(1Jtgg)| |lass onplan|chmges||| |Pretest value|ofschmo
iabiTiYies ataed ofyear||90,956| |Cheages ln the fair value ofscheme assets for the year ended 38June are as fogewsi|||| |||2II21|2020| |||5800's|1000's| |Preswn valos|ofscbsnu sums at begbndng ofyear|dgo736|59,767| |Conldbutioas|paid by Ibe College|1,14$|1,188| |Bmployee Cmavlmdom||617|613| |bnerest onpleamstm||859|1345| |Admiaisbative|expenses paid|(178)|(163)| |Reuse onassets, less interest included in Sob||11,984|(2,325)| |Beasgn paid||12+I4)|(1,689)| |Preseat value|ofscbcnn assets at end ofyear|70,722|58,736| |Acunl nmnn|an plan assam|12,$42|(980)| |The nn)or categories ofScheme assets m a permatage oftotal gebenm assets forthe year|||| |emgng 30Juos ars as fogows:|||| |||2021|2028| |||'Yo|'/o| |||765|'78.7| |||168|142| |||0.0|0JI| |||6.6|7J| |||103|100| ## ## ## ## ## ## |During Ibe year there was an investment|in Trimly Fof62898and an impsimme|wdte|down oFf22m|inTrimly E.|| |---|---|---|---|---|---| ||Cmumyof||Class ofshare|Boponion held|Natme ofbminess| ||registration|and|||| ||operation||||| |Trimty (B)Umitcd|Eagland||Ordinary|1004|land developmwu| |Trimly CoBege (CUP) limited|England||Ordinary|IOO%%u,|Pmperty| |Tttnihr (D)1imimd|Erudsnd||Ordinary|IOONe|Protmty| |Trinity (P)limited|England||Onlinary|IOONi|Imd development| |Walton Farms 1imiud|England||Onlimny|IO(PA|Fanmng| |Dmefold Airpcct Uedmd|England||Ordinary|Ioo%%u|Property| |Tdmly (E)United|England||Ordinmy|IOIB4|Property| ## ## ## |||Balance st30
fuse 2020|lncosa|Dpenditure|Netinvcstmmt
geins/Sosses)|Tmnsfcrs
betweca fends|Tmnsfcrs
betweca fends|Gtha
Gains/(losses)|Bslsncect30
Jeoe2021| |---|---|---|---|---|---|---|---|---|---| |||COOO|CODD|f,'ON|f'OOD||f'DOD|f,'Oat|P000| |Endowment||ISIIS26|stdt30||232,720||||IS85976| |Rearicted||151S42|(t l62|3337|||(6,142)||102,7ll7| |Designated||50A15|2236|2,193|||R513||60,171| |General||26485|56,799|59,407|||(A371)|t7J02|37608| |||25393/67|107,127|64dr37|267,183|||17202|1,866S42| |20.REEERtrgg CGLIEGE|||||||||| |||Bsleace at30
Jeee2020|Income|Erpeoditure|Nct mves unset
gains/(tosses)|Trsnsfem
between
fuads||Other
Come/Gosscs)|Balance at30
Juee2021| |||fetgg|f'NO|I'ND|f'000||5*NO|f'ODD|COOO| |Endowment||24353)20|41330||||||I/IOJJI16| |Restricted||ISIA42|6,163|3328|||(6,153)||182,787| |Designated||50,615|2,237|2,192|||9,312||60271| |Geneml||34+05|49,063|53,13'/|||(3359)||44/54| |||2471,782|99393|50477|24IQ29||(0)|17302|1.7712)29| |21.BECOACILIJATION GFNEI'DEBT|||||||||| |||||2021|2020||||| |AtStart of|Year:|||F000|f'DOD||||| |Cmh etbeok and m haod||||38dtgg|88JIO||||| |BaokIosns||||0 00)|(90,000||||| |||||(51,120)|(1,650)||||| |Net (deaess e)/ heres seio cash Rperiod||||1560|(49,412)||||| |lnaeasein|bank loans||||||||| |Movement|in nct debt|||I'D|(49,472)||||| |At end ofthe Jew t|||||||||| |Cash st bank end m hand||||40/t40|38.880||||| |Bank Loans||||(Sgdtgg)|(90,00D)||||| |Nei Debt||||(49,560)|(51,120)||||| ## ## |||||||||||llestatcd| |---|---|---|---|---|---|---|---|---|---|---| ||||||General Ftmds|Destgnded|Restricted||2020|2019| ||||Nels|Endsumsnt|(Uiwestrlcted)|Fmuh|Suade||Total|Total| |||||8000's|0000's|8000's|8000's||8000's|8000's| |INCOMING RSSOURCSS||||||||||| |acorns
fnrm mmatbra
ane lsoschs||||||705|1,727||3,022|4,714| |Jnconn horn duuitab1e
activit'ms|||||9,623||2780||I2,4I3|11391| |lncoae Oomothertrsdiag
acrivhies|||||194|114|18||326|418| |Investment
Jaconw
TOTAL INCOME||||9303
9+83|49,615
68,822|1,085
1,984|4,001
8,$26||102227
79,155118,649|| |Erpeadirunr cageccrechg fiurds||||||||||| |Fundmising
costs|||||I,D37||2||1$B9|1,114| |loan htcrest|||||4320||||4,320|4310| |Estates and Javestmeat
Management||costs|||143139||52||14,891|41,697| ||||||28896||$4||20r2$0|47,121| |Costsfclarrtmh JcecchRies|||||37~9|I983|4974||44306|39973| |(Jrtrrr Rrperrdtlrwe||||||||||| |Governance
costs|||||393||||393|375| |Uusrersty
contrhulioe
under State!a GI|||7||2.395|25|||2,671|2,538| |Costofwithdmwmg
fmm a degaed beaeR achene|||16|||||||| |TOTAL RESOURCES EKPENDSD|||||68+33||Svtyp||67,638|119,492| |NSXIKCOMEr(87(PSJvSID||||9,383|(3JU|(784)|3447||12,13$|| |Unrealiscd
guise oo Jnvcstnmst|Assets|||13,601||(A229)|(4,706)||6,666|75,535| |NEf INCOMING RSSOURCSS|RESORB|||22,904|(311)|(2433)|G,459)||J8$JOI|74ri93| |TRAJIJSIBRS||||||||||| |Tmnsftm
between
funds||||2,632|(5$)34)|2,63$|(233)|||| |ESTINCOMING RESOURCES|AFIRR|||25436|(5445)|302|U,692)||Igdtg1|74r693| |TRANSFERS||||||||||| |Orher rrcogu ised gains di Josssm||||||||||| |Actuaria losses on degoed bateS
schess||paesan|||(11,504)||||(11,504)|(5,744)| |||||25/36|63149|302,692|||7 9T|60,948| |Total funds brought
forwanl||||Iv385790|43vt34|50313|I53333||1,532670|1463719| |Tohl funrh carrired ferward||||1311 26|26385|504JIS|151 41|I|9rt67|I/32,667| |Them ae no recognised
gains orhe||see other than|those disclosed above.||Allofthe above|results derive|Oom contmuing||operations.||