##
|Governing
Body, Officers|Governing
Body, Officers|and Advisers|and Advisers|Page|1|
|---|---|---|---|---|---|
|Report ofthe|Governing|Body||Page|6|
|Auditor's
Report||||Page|17|
|Statement
of|Accounting|Policies||Page|21|
|Consolidated|Statement|of Financial|Activities|Page|26|
|Consolidated|and College Balance||Sheets|Page|27|
|Consolidated|Statement|of Cash Flows||Page|28|
|Notes to the|Financial Statements|||P.age|29|
##
||||||m|E|o g
E g
0 E|CA||Q
p|g
Q)|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||U|0
U|E||OU|E|o|
|Lady Elish|Angiolini
LT DBEPC|||||||||||
|QC (Principal)||||||||||||
|Professor|AW Moore|||||||||||
|Professor|GSGarnett|||||||||||
|Dr TMKuhn||||||||||||
|Professor|KR Plunkett|Retired 30September|2021|||||||||
|Professor|M BGiles|||||||||||
|Professor|JSGetzler|||||||||||
|Professor|L LHong|||||||||||
|Professor|G A Stellardi|||||||||||
|Professor|PJ Mitchell|||||||||||
|Professor|P D McDonald|||||||||||
|Mrs SJVainker||||||||||||
|Professor|SR Duncan|||||||||||
|Professor|R KNlestbrook|Retired 30September|2021|||||||||
|||Resigned Trusteeship|14|||||||||
|Professor|S.Paseta|January 2022; appointed||as||||||||
|||Senior Resarch Fellow||||||||||
|Professor|RG Grainger|||||||||||
##
|Professor|CJ Stevens|
|---|---|
|Professor|M R Macnair|
|Professor|C Wilson|
|Professor TC BRood||
|Professor A Harnden||
|Dr N E R Perkins||
|Professor|TC Powell|
|Professor|J Martin|
|Professor|D P Marshall|
|Professor|R Perera|
|Mr P R C Marshall||
|Professor|EE Leach|
|Professor|6 Loutzenhiser|
|Professor|8J Conway|
|Professor|R Baker|
|Professor|E Mann|
|Dr TSanders||
|Dr J Parkin||
|Professor|E M Husband|
|Professor|C Ballentine|
|Professor|D Biro|
##
##
|External Committee|||g)
m
LL|6)
E
0|Q
e Eo|M
CL|Q
(D
0|C0
Io
s|g
'E
O|
|---|---|---|---|---|---|---|---|---|---|
|Members|||||||U|||
|Mr T P Roberts|Appointed|29 April 2015;||||||||
||Last renewed
16June 202'l|||||||||
|Mr J Digges|Appointed|29 April 20"l5;||||||||
||Last renewed
15June 2022|||||||||
|Ms R Emerson|Appointed|13June 2018;||||||||
||renewed|16June 202'I||||||||
|Dame Frances Cairncross|Appointed|1 Apiil 2018;||||||||
||Renewed|16June 2021||||||||
|Dr TPower|Appointed|1 April 2018;||||||||
||Renewed|16June 2021||||||||
|Mr K Knott|Appointed|1 March 2020;||||||||
||Renewed|15June 2022||||||||
##
|Lady Elish Angiolini|LT DBEPC QC|Principal|
|---|---|---|
|Professor JSGetzler||Vice-Principal|
|Mr G Prior||Bursar|
|Professor R Vilain||Senior Tutor|
|Mr Jeremy Weeks||College Accountant|
|Mr Bruce Lawrence||Director of Development|
|Mrs Rahele Mirnateghi||Domestic Bursar|
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||||Unrestricted|Restricted|Endowed|2022|2021|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Total|Total|
|||Notes|F'000|E'000|E'000|6'000|F000|
|INCOIIE AND ENDOIINIENTS FROII:||||||||
|Charitable
activities:||||||||
|Teaching, research|and residential||7,948|||7,948|6,660|
|Other Trading Income|||679|||679|104|
|Donations
and legacies|||356|737||1,264|2,856|
|Investments||||||||
|Investment
income||4|1,893||1,653|3,582|2,587|
|Total return allocated to income||13.|1,203||(1,203)|||
|Other income||5|84|||||
|Total income|||12,163|773||13557|12,781|
|EXPENDITURE ON:||||||||
|Charitable
activities:||||||||
|Teaching, research|and residential||13,884|197||14,081|11,244|
|Generating
funds:||||||||
|Fundraising|||566|||566.|498|
|Trading expenditure|||640|||640|544|
|Investment
management
costs|||193|||282|275|
|Total Expenditure|||15,283|||15,569|12,561|
|Net Income/(Expenditure)|before gains||(3,120)||532|(2,012)||
|Net gains/(losses)
on|investments||(3,598)|(30)|(1,446)|(5,074)|12,890|
|Net income/(Expenditure)|||(6,718)|546|(914)|(7,086)|13,110|
|Transfers between funds.||18|1„2?6|124|(1,400)|||
|Net movement
in funds|for the year||(5,442)|670|(2,314)|(7,086)|13,1 "IO|
|Fund balances brought
forward|||34,940|5,182|42,362|82,484.|69,374|
|Funds carried forward at31July|||29,498|5,852|40,048|75,398|82,484|
##
|||||2022|2021|2Q22|2021|
|---|---|---|---|---|---|---|---|
|||||Group|Group|College|College|
||||Notes|6'000|E'000|6'000|F000|
|FIXEDASSETS||||||||
|Tangible assets|||10|21,912|22,990|21,912|22,990|
|Other Investments|||11|101&639|106,491|101„639|106,491|
|Total Fixed Assets||||123,551|129,461|123,551|129,481|
|CURRENT ASSETS||||||||
|Stocks||||153|150|153|150|
|Debtors||||2,046|1,875|2;014|1,844|
|Cash at bank and in|hand|||5,245|5,504|5,238|5,502|
|Total Current Assets||||7,444|7,529|7,405|7,496|
|LIABILITIES||||||||
|Creditors: Amounts|falling due within one year||15|2,516|2,611|2,453|2,560|
|NET CURRENT ASSETS/(LIABILITIES)||||4,929|4,918|4,952|4,936|
|TOTAL ASSETS.LESS|CURRENT LIABILITIES|||128,480|134,399|128,503|134,417|
|CREDITORS: failing due||after more than one year||50,2SS|50,502|50,288|50,502|
|Provisions for liabilities||and charges||||||
|NET ASSETS/(LIABILITIES) BEFOREPENSION ASSET OR||||||||
|LIABILiTY||||78,192|83,897|7.8,215|83,915|
|Defined benefit pension||scheme liability||2,794|1,413||1,413|
|TOTAL NET ASSETS/(LIABILITIES)||||75,398|82,484|75,421|82,502|
|FUNDS OF THE COLLEGE|||18|||||
|Endowment
funds||||40,048|42,362|40,048|42,362|
|Restricted funds||||6,852|5,182|5,852|5,182|
|Unrestricted
funds||||||||
|Designated
funds||||6,763|8,534|6&763|8,534|
|Fixed asset designated||fund||21,413|22,221|21,413|22,221|
|General funds||||4,116|5,598|4,139|5,616|
|Pension reserve||||(2,794)|.(1,413)|(2,794)|(1,413)|
|||||75,398|82,484|76,421|S2,502|
##
||||||2022|.2021|
|---|---|---|---|---|---|---|
|||||Notes|6'000|POOD|
|Net cash provided
by (used in) operating|activities||||(33491)|(1,704)|
|Cash flows from investing
activities|||||||
|Oividends,
interest and rents from investments|||||3,562|24587|
|Proceeds from the sale ofproperty,
plant and equipment||||||5|
|Purchase ofproperty,
plant and equipment|||||(33)|(146)|
|Proceeds from sale of investments
Purchase ofinvestments|||||241
~463|44,124
~44,655|
|Net cash provided
by (used in) investing|activities||||3 327|1,920|
|Cash flows from financing
activ'ities|||||||
|Repayments
of borrowing|||||(266)|(267)|
|Receipt ofendowment|||||171|322|
|Net cash provided
by (used in) financing|activities||||(95)|55|
|Change
in cash and cash equivalents
in the||reporting|period||(259)||
|Cash and cash equivalents
at the beginning||ofthe|||||
|reporting
period|||||5,504|5,235|
|Change
in cash and cash equivalents
in|the|reporting|period||(259)||
|Cash and cash equivaients
at the end of|the|reporting|||||
|period||||25|5,245|5,504|
##
##
|DONATIONS
AND|DONATIONS
AND|LEGACIES|LEGACIES|||||
|---|---|---|---|---|---|---|---|
|||||||2022|2D21|
|||||||E'000|E'ODO|
|Donations|and Legacies|||||||
|Unrestricted
funds||||||356|1.658|
|Restdcted|funds|||||737|876|
|Endowed|funds|||||171|322|
|||||||1,264||
|INCOME FROM OTHER TRADING ACTIVITIES||||||||
|||||||2022|2021|
|||||||2000|E'000|
|Subddisry|company||trading income|||676|104|
|INVESTMENT INCOME||||||||
|||||||2022|2021|
|||||||E"000|E,'OOD|
|Unmsfricfed
funds||||||||
|Other|propsriy|income||||21||
|Giber|inveslmsnl||income|||'1,8SS|1,870|
|Bank interest||||||6||
|||||||1,863|1,871|
|Rsalricrsd|funtfs|||||||
|Other|investment||income|||||
|||||||36||
|Endowedfunds||||||||
|Other|investmenl||income|||1,853|.701|
||||||||701|
|Total Investment||income||||3,582|2,587|
|OTHER INCOME||||||||
|||||||2022|2021|
|||||||E'000|E'ODO|
|Other Income|||||||574|
|||||||84|574|
|238k {2021:5450k)|||relates togovernmertl|grani income received through|Ihs Coronavirus Job Releniion Scheme.|||
##
|6|ANALYSIS OF EXPENDITURE|||||
|---|---|---|---|---|---|
|||||2022
f000|2021
f'DDD|
||Charitable
expenditure|||||
||Direct staff costs allocated to:|||||
||Teaching, research and|residential||5,673|5,475|
||Other dired cosis agocaied|to:||||
||Teaching, research and|residential||4,272|2,966|
||Support and governance
coals agocaled to:|||||
||Teaching, research and|residential||4,136|2,801|
||Total charitabls
expenditure|||14,081|11,244|
||Expenditure
on raising furids|||||
||Direct staff costs allocated to:|||||
||Fundraising|||378|339|
||Trading expenditure|||142|130|
||Invesimsnt
management|costs||||
||Other dirscl costs allocated|to:||||
||Fundraising|||108|66|
||Trading expenditure|||234|141|
||Invsstmsnt
management|costs||||
||Support and governance
costs allocated to:
Fundrallklng|||79|93|
||Trading expenditure|||264|2?3|
||Investmsnl
management|costs||282|2?5|
||Total expenditure
on raising|funds||1,488|1,317|
||Total expenditure|||||
||The 2022 resources expended otf15569k(2021:f12
restricte funds and fBBk(2021:f89k) from endowed||563k) represented f15572k(2021:f12336k) from unrestricted
funds.|funds, f19?k(2D21:f138k) from||
##
##
|9|STAFFCOSTS||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||2022||2021|
||The aggregate
staff costs||for fhe year|||were as follows.||||||||||R'ODO|ROOD||
||Salaries and wages|||||||||||||||5,233|5,019||
||Social security costs|||||||||||||||421||421|
||Pension costs:||||||||||||||||||
||Delined benelil schemes|||||||||||||||737||690|
||Defined contribution|schemes||||||||||||||'l17||92|
||Movsmsnt
in pension|provisions||||||||||||||1,369||(27)|
|||||||||||||||||7,877|6,195||
||Ths average number of|employees|||ofthe College,||exduding|||Trustees,|||||||||
||on a full lime equivalent|basis wes|||as|follows.||||||||||2022||2021|
||Tuition snd research|||||||||||||||38||25|
||College residential|||||||||||||||82||84|
||Fundraislng|||||||||||||||6||6|
||Support|||||||||||||||13||13|
||Total|||||||||||||||139|||
||The average number of|employed|||College Trustees during||||Ihe 'year was as||follows.||||||||
||University
Lecturers|||||||||||||||27||28|
||CUF Lecturers|||||||||||||||9||9|
||Other teaching
and research|||||||||||||||2||3|
||Other|||||||||||||||6||2|
||Total|||||||||||||||||42|
||Redundancy
payments
sre accounted|||||for in Ihe period in|||which Ihe employee was informed ot the decision. Where redundancy||||||costs are uncertain,
ihe figure||in|the|
||accourits represents s best|||estimate.||These costs|wig|ba|mat|fmm unrestricted||funds.|||||||
||The fotloviing
informagon||relates to the employees||||of|the|Cogsge axduding||Ihe Cogsge Trustees. Details of Ihs rsniuneratlon|||and reimbursed||expenses of Ihe|College||
||Trustees Is Indudsd asa sepsrale||||nots in these finandal||||statements.||||||||||
||The number of employees|||(exduding||Ihe college|Truitees)|||during tile year|whose gross psy and benefits (excluding||employer||Nl snd pension corltributlons)||fell||
||viilhin ths fogowtng bands||was:||||||||||||||||
|||||||||||||||||2022||2021|
||R60,001-R70,000||||||||||||||||||
||RTD,OOI-RBD,MD||||||||||||||||||
||R90,001-5100,000||||||||||||||||||
||The nuinber of the above||employees|||viith retirement||benefits accruing was|||as follows:||||||||
||In defined benefits schemes||||||||||||||||||
|||||||||||||||||R'ODO||R'000|
||The Gogsge contributions||to defined contribution||||pen~ion||schemes totalled|||||||||s|
##
|10|TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
||Group|.Freehold|Rxlu'res,||
|||land snd|iitgngs and||
|||bugdlngs|equipment|Total|
|||POOO|2'000|5'000|
||Cast||||
||At start ofyear|39,005|3,401|42,406|
||Additions|(58)||33|
||Dlspossls||||
||Atend of year|39,952|3,467|42,438|
||Depreciation
and impairment||||
||At start ofyear|16,479|2,937|19,416|
||Depreciation
charge for the year|987|174|1,111|
||Depredsttan
on disposals||||
||impairment||||
||At end ofyear|'17,416|3111|20,527|
||Nst book value||||
||At end ofyear|21,636|376|21,912|
||At start ofyear|22,526|464|22,990|
||College|Freehold|Fixlurss,||
|||lend snd|fltBngs and||
|||buildings|equipmsnt|Total|
|||K'000|COOQ|E'000|
||Cast||||
||At start al year|BS,005|3,401|42,406|
||Additions|f58)|||
||Dispossls||||
||At end ofyear|36,852|3,467|42,439|
||Depreciation
and impairment||||
||At start ofyear|16,479|2,987|'l9,416|
||Charge for the year|937|'i74|1,111|
||On dispossls||||
||Irnpainnent||||
||At e'nd ofyear||ill|7|
||Net book vaius||||
||At end ofyear|21,536|3?6|21,812|
||At start af.year|l2.526|464|22,990|
##
##
##
##
##
##
||The Truslses have adopted a|duly|duly|sulhadsed|sulhadsed|sulhadsed|policy|oftotal return|oftotal return|oftotal return|accoungng|for|Ihs College investmhnt|returns
with effectfrom
'l5 May 2002.The idvestment|returns
with effectfrom
'l5 May 2002.The idvestment|returns
with effectfrom
'l5 May 2002.The idvestment|returns
with effectfrom
'l5 May 2002.The idvestment|returns
with effectfrom
'l5 May 2002.The idvestment|return|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||ta be applied ss income Is calculated||||as3.?7%(202'I:3?796)(plus costs) of|||||||ths|average ot ths yesrmnd|values ofthe|relevant inveslmenis||In each of Ihe last||5|
||years. The preserved
(frozen)|value ofthe||||invested||endowmenl||capildl represents|||Bsopen market value|ai31July 2002 together vrith all subsequent||||endowments||
||valued atdate ofgift|||||||||||||||||||
||||||||||||||Pemianent|Endowment||Expandable|||Total|
||||||||||||||Unappfisd|||Endowment||Endowments||
||||||||||||||Trusl for|Total||||||
||||||||||||||investment|Return|Tatal|||||
||||||||||||||E000|5'000|f.'000||E'000||5'000|
||At the beginning afths ysa'r;|||||||||||||||||||
||Gift component
at Ihe|||||||||||||||||||
||permanent
endow'ment||||||||||||15,251||15,251||||15,25'I|
||Unappgsd
total return|||||||||||||13,515|13;515||||13,515|
||Expendable
endowment||||||||||||||||13,598||13,596|
||Total Endowments||||||||||||15,251|13,515|25,766||13,598||49,382|
||Movements
in the reporting|period:||||||||||||||||||
||Gift ofendowment
funds||||||||||||171||171||||'l71|
||Recauprnsnl
ofbust far Investment|||||||||||||||||||
||Agocatian
from Irust'for investment|||||||||||||||||||
||Invastmsnt
return: latal Inveslmsnt
income
lnvestmsnt
reluct realised snd unrssfised
Less. Invesimenl
management
casts
Other transfers
Total|||||gains and losses|||||||173|1,114.
(992)
132|1,114
(982)
173
4?S|539
(454)
(89)
~$1
(205)||1;653
(1,446)
(89)
~1
271||
||Unapplied
total return
allocated lo income in'Ihe reporgng
Expendable
endawrnents
transferred
lo Income||||||||period|||||(769)|P69)
P69)|~IAI
(1,816)||P69)
~I, I I
(2,585}||
||Net movements
In reparting|period||||||||||||(637)|(293)||(2,021)||(21314)|
||At end oftha reporting
pmiod;|||||||||||||||||||
||Gilt component
ofthe|||||||||||||||||||
||permanent
endowment||||||||||||15,595||15,595||||15,595|
||Unapplied
lolal return|||||||||||||12,878|12,878||||12,878|
||Expendable
sndoWment
Tatal Pndowinents||||||||||||llfsH|iriir ~orr|||11,575
rrar||11,575
,0|
||A comparative
nots far2020/21||figwes Isshown in|||||note|31.a|||||||||||
|14|OESTORS|||||||||||||||||||
|||||||||||||||2022|2021||2022||2021|
|||||||||||||||Group|Group||College||College|
|||||||||||||||5'000|||5000||E'000|
||Amounts
falling due vrllhin one year.|||||||||||||||||||
||Trade deblom||||||||||||||||907||538|
||Amaunts
owed by Group undertakings||||||||||||||||405|||
||Loans repayable
within one year|||||||||||||13|17||13||17|
||Prepsyments
and accrued income|||||||||||||1,347|1,238||1,345||1,938|
||Olhsr deblors|||||||||||||6|7||8||7|
||Amounts
fsging due altar more than'one|||||year:||||||||||||||
||Loans|||||||||||||38|||38|||
|||||||||||||||21045|1,875||2,014||1,844|
##
|15|CREDITORS; falling due|CREDITORS; falling due|CREDITORS; falling due|CREDITORS; falling due|viithin one|viithin one|year||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2D22|2021|2022|2021|
||||||||||||Group|Gmup|College|College|
||||||||||||E'000|E'000|E'000|BOOO|
||Bsnklosns||||||||||216|26T|215|287|
||Trade creditom||||||||||710|697|707|687|
||Amounts|owed to Group underiakings||||||||||||25|
||Taxation|and social||sscuriiy|||||||132|121|132|120|
||Acc&uals|and deferred'income|||||||||1,008|1,090|'t&002|1,082|
||Other creditors||||||||||450|438|397|389|
||||||||||||2,515|2,811|2,463|2,580|
||Defs|I co s||d de|vii|cc|als|d|Ihs|co|||||
||Balance|brought|forward||||||||1,244|1,054|1,034|844|
||Vacation|Residence Students Allowances|||||||||14|14|14|14|
||Graduate|Rents|||||||||33|33|33|33|
||Visitors||||||||||31|31|31|31|
||CFF||||||||||82|62|82|82|
||Other||||||||||30|30|60|30|
||Balance|carried fonvsrd|||||||||1,434|1,244|1,224|1,034|
|16|CREDITORS: fsglng due||||after more||than|one|year||||||
||||||||||||2022|2021|'2022|2021|
||||||||||||Gl'oup|Group|College|College|
||||||||||||E'OOD|E'DOO|E'OOD|E'000|
||Bank loans||||||||||288|502|.288|502.|
||Bond||||||||||BO,ODO|50,00D|50,0DO|60,0DD|
||||||||||||50&288|||50,502|
##
##
|ANALYSIS OF'SIOVEIIIENTS ON|ANALYSIS OF'SIOVEIIIENTS ON|ANALYSIS OF'SIOVEIIIENTS ON|ANALYSIS OF'SIOVEIIIENTS ON|FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||At 1 August|Incoming||Resources||Gainer|At 31July|
|||||||2021|resources||expended|Tranbfera|(losses)|2022|
|||||||.22000|EOOO||EOOO|BOOB|EOOD|84000|
|Endowment
Funds||- Permanent|||||||||||
|Buraarles||||||699||27||(25)|(24)|'877|
|Fellowships
and lsctureships||||||'18,181|778|||(476)|{620)|17,843|
|General educational||purposes||||1,922||75||(16)||.1,915|
|Ubrsry||||||517||22||(18)|{18)|503|
|Other purposes||||||3,354||164||(132)|(114)|81272|
|Prizes||||||243||'11||(4)|(6)|242'|
|Scholarahips||||||.3,870|208|||75|(132)|4,021|
|Endowment
Funds||- Expendable|||||||||||
|Bursariss||||||161||6||||157|
|Chapel||||||296||12||(»)|(10)|288|
|Fellowships
and lectureships||||||1,448||55||(67}|(49)|1,362|
|General educational||purposes||||10,402|400||(89)|(1,893}|(356)|6,464|
|Library||||||54||2||(2)|(2)|52|
|Other purposes||||||652||37||(10)|(19}|560|
|Scholarships
Total Endowment
subsidiaries
Total Endowment
Restricted Funds|Furids - College
Funds - Group|||||888
4255|27
(23)
692
1.
4~~5
~544
Jer5
1,
4~fi~~,4||||||
|Aung San Suu Kyi Summer School||||||6||||||8|
|Burma Exchange Programme||||||11||||||11|
|Ilalian Psvia Exchange|||Programme|||18|||(4)|||14|
|Bursarlss||||||413|||(6)|(14)|(10)|412|
|Capital projects fund||||||18||||VS)|||
|Career development||fellowships||||300||170|(17}|(214)||239|
|China Sludiss building||||||||1|(1)||||
|College prizes||||||12||5|(2)|1||16|
|Fellowships||||||4||1||30||36|
|Lemure series||||||37||||||87|
|Refurbishment
snd||development||of buildings||299||125|(22)|.(1)||401|
|Scholarships||||||164||7|(85)|46||132|
|Outreach||||||||51|(44)|163||170|
|Legacy -Student Support||||||1,078||72|UB)|182|(20)|'t,246|
|Futures Project||||||?,821||312||||31133|
|Total Restricted Funds|||- Cogsge,|||5,182||7||124|(30)|5,852|
|subsidiaries
Total Restricted Funds|||Group|||5,182||77|~S|124|(30)|5,852|
|Unrestricted
Funds|||||||||||||
|Designated
funds||||||6,534||100|(51)||(1,620)|6,768|
|Fixed asset designated|||fund|||22,221|||FL111)|303||21,413|
|General funds||||||5,598|10,860||(12,7JIO)|2,176|(1.776)|«,116|
|Pension resenra
Total Unrestricted||Funds - College||||('l,413)
34,940|I|.|(1,361)
~5.|.47|~5|(2,7S4)'
29,498|
|subsidiaries|||||||||||||
|Total Unrestrlcied||Funds - Group||||34,940|5,||~15.|2,479|(8,598)|28,498|
|Total Funds||||||62,484|13,557||(15,569)||(5,074)|76,398|
|A comparative
note||for|2020I21 figures is shown||in note 31b||||||||
##
##
##
|The following is|s summary|s summary|s summary|s summary|ofIhe|origins end purposes|sfeach ofIhs Funds|||
|---|---|---|---|---|---|---|---|---|---|
|Endowment
Funds -|||Permanent:|||||||
|Burseries, Fellowships|||snd||Leclureships,||A consolidation
ofgifts and donslians
where income, but nol capital, can be|||
|Library, PrizsA|Scholarships||||||Used lor the payment ofbursaries, the cost of fefiowships
and lectureships.|the||
||||||||running costs oftha library and for sludsnt prizes and scholarships.|||
|General Educational||Purposes|||||Capital balance ofpast danations
where related income, but not the oriiginal|capital,||
||||||||can be used for Ihe general educafianal
purposes ofthe charit|||
|Qfiier purposes|||||||A.consalidatlon afgifts end donations
where income, but nat capital, csn be|||
||||||||used far a variety ofeducational
purposes such as lectures snd student sup|porL||
|Endowment
Funds -|||Expendable':|||||||
|Burssries, Fellowships|||and||Leciureships,||A cansofidatton
of gifts and donations
where either income, arincome end capital,|||
|Library, Chapel,|lgstory,|||Scholarships|||can bs used for the paymeni afbumaries,
Ihe cost offellowships. and leclureships,|||
||||||||Ihe running
costs ofIhe library and forstudent
prizes and scholarships.|||
|General Educational||Purposes|||||Capital balance ofpast donations where related income, ar Income and capital,|||
||||||||can be used for the general educational
purposes
ofths charity|||
|Other purposes|||||||A consolidation
of gifts and donations
where either income, orincome snd capital,|||
||||||||can be used far a variety ofeducational
purposes such as travel granis, pnzes||and|
||||||||student suppori,|||
|Restricted Funds:||||||||||
|Studenlsupport|||||||Aconsolidation
of gifts and donations where bolhincoms
and capital can be|||
||||||||used for student
supparL|||
|Refurbishment|and dsvslopm'snl|||||ofbuildings|A consolidation
ofgiftsand
donations'
where both income and capital can'be|||
||||||||used forthe refurbishment
and development
ofbuildings.|||
|Capital projects|fund||||||A consolidatian
ofgifts end dbnstions
which are being released
into|||
||||||||unrestricte
funds in line viith the depredation
oflhe pre)act that they ware raised|||
||||||||to finance.|||
|Chins Studies building|||||||A consolidation
ofjets bnd donations where boih income snd capital cen be
used to finance the construcfion
af9China Studies building.
As Ihe building|||
||||||||was completed'in
2015furiher. drinsfions sre Irensterred
Iounrestricte
funds,|||
|Career development||fellowships|||||A cansalidsfion
ofgifts and donations
where both income and capital Csn be|||
||||||||used forcarebr develop'ment
fellowships.|||
|Lecture series|||||||A gili to be used to provide a series af lectures overs 10year period.|||
|Bursariss, Scholarships,||||Fellowships|||A consolidafian
ofgifts to be used ta fund burssries,
scholarships
and fellowships|||
|Aong San Suu|Kyi Summer||||School||Aconsalldstion
ofgifts to furid.e summer
school for Burmese students|||
|College Prizss|||||||A corisolidation
ofgifts to lund anamed prize in Chemistry|||
|Futures Project|||||||A project to raise funds far the rsdevalapmsnl
ofthe site around the Wolfsan||Building|
||||||||ln the North West camar ofthe Cofisge site|||
|Designated
Funds||||||||||
|Bursariss, Fellowships|||end||Lectureships,||Unrestricted
Funds allocated by the Fellows for future cosis ofbumsries|||
|Scholarships|||||||fellawships
and lectureships
and scholarships.|||
|Genarai educational||pulpases|||||Unrestricted
Funds sfiacsled by the Fefiaws for future general|||
||||||||educational
purposes. af the charity|||
|Other purposes|||||||Unrestricted
Funds allocated by the Fellows far a variely of future costs|||
||||||||such as Ihe gardens, the library, prizes and student hardship.|||
|The General Unrestricted||||Funds||represent accumulated|income from the Callege's activities and other sources that are available for Ihe general|||
|purposes ofthe Cofiege||||||||||
##
##
|22|PENSION SCHEMES (continued}|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||' 0ss:||||||||||
||Assumption||. „Change laissumpliortn||||'|.
'||'ltnpac(|oil USS gabllilles||'.'|
||Initial prs-retirement
discount rate|||increase|by 0.26%|||||Decrease byf1.3bn||||
||Post-rsgremsni
discount rate|||Decrease|by 0.25%|||||Increase by R2;Bbn||||
||CPI|||Decrease by0.1%||||||Decrease byf1.6bn||||
||IJfe expectancy|More prudent
assumption
(reduce Iha
to ihe base mortality
table by|||||sdjuslmsni
5%}|||Increase by R12bn||||
||Rate of moriality|More prudent assumpgon'(increase
rnorlaliiy
improvements
long-isrm||||thd annual
reise by 0.2%}||||Increase by RQ.Sbn||||
|||||GSPS||||||||||
||'|||||||||||||
||Assumption.|||Change'in|asaumpgon.||. -||Impapl|on QSPS te'chnlcal||protdsions||
||vsluagon
rate of interest|||decrease|by 0.25%|||||increase byf45m||||
||Rate ofpension increases|||Increase|by 025%|||||increase by 240m||||
||Deliclt Recovery Plans|||||||||||||
||ln line with FRS 102paragraph 28.11A,the company hss
aesumpiione
used in these calculalions are tabled below.'|recognised a|liabigiy for the contribuiions|||payable forIhe|||agreed dsBrJI|funding|plan. The principle|||
||L|||||||||||||
||||||||||OSPS||||'USS|
||Finish Date for Defidl Recovery Plan||||||||30/01/2028|||3'I/03/2038||
||Average staff number increase||||||||0%||||0%|
||Average staff salary Increase||||||||3%||||3%|
||Average discount rate over penod||||||||3.3%||||3.3%|
||Effect ol0.5%change in discount rate||||||||50.01m||||R0,02m|
||Egect of 1%change in staR grovrih||||||||60.01m||||R0.2m|
##
##
##
||The College is abls totake advantage|The College is abls totake advantage|The College is abls totake advantage|o/ ths tsx|o/ ths tsx|o/ ths tsx|o/ ths tsx|exempgons|exempgons|exempgons|available|available|to chargies from taxation|to chargies from taxation|in respect of|in respect of|income snd capiisl|gains received to lhe extent Ihei such|gains received to lhe extent Ihei such|gains received to lhe extent Ihei such|gains received to lhe extent Ihei such|gains received to lhe extent Ihei such|gains received to lhe extent Ihei such|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Income snd gains sre applied|to exdusivsly||||chadtable purposes.||||||No Debility lo corporation||tax|arises In the Cogege's subsidiary|||companies|||because the directors||of|
||these companies have indicated||that ihey|||intend||to make donations
each year to the College equal to||||||||ihe taxable profits oflhs||company||under ihe Gift Aid scheme.||||
||Accordingly
no provision
forlaxation has been||||||induded|||in the linandsl|||elate/nants,|||||||||||
|24|RECONCB.IATION OF NET|INCOMING|||RESOURCES TO|||||||||||||||||||
||NET CASH FLOW FROM OPERATIONS||||||||||||||||||||2022||2021|
||||||||||||||||||||||Group|Group||
||||||||||||||||||||||6'000|DODO||
||Nst income/(expenditure)||||||||||||||||||||(7,088)|13,110||
||Elimination
ol non-operating|cash flowm||||||||||||||||||||||
||Investmenl
income||||||||||||||||||||{84&82)|(2,587}||
||(Gains)/losses
In investmsnls||||||||||||||||||||5,0?4|(12,890)||
||Endowment
donations||||||||||||||||||||(171)||(322)|
||Depredation||||||||||||||||||||1,111|1,12?||
||(Surplus)/loss
on sale offixed assets|||||||||||||||||||||||
||Decrease/(increase)
in stock||||||||||||||||||||(3)||5|
||Decrease/(increase)
in debtors||||||||||||||||||||(171)||(731)|
||(Decrease)/increase
in creditors||||||||||||||||||||(44)||611|
||(Decrease)/increase
in provisions|||||||||||||||||||||||
||{Decrease)/Increase
In pension scheme||||ItsbBity||||||||||||||||1,381||(27)|
||Net oash provided by {usedin)||operating|||activities|||||||||||||||(3,491)|(1,704)||
|25|ANALYSIS OF CASH AND CASH EQUIYALENTS|||||||||||||||||||||||
||||||||||||||||||||||2D22||2021|
||||||||||||||||||||||POOD||COOO|
||Cash at bank and in hand||||||||||||||||||||5,245|5,504||
||Total cash snd cash equivalents|||||||||||||||||||||rm||
||FINANCIAL COMMITMENTS|||||||||||||||||||||||
||Minir'num
lease paymenls
under||non~nceBable|||||operabng lease||||commlimsnts
in I'aspect||of|||||||2022||2021|
||equlpmsnt
for the 2022 snd|2021 financial||||year||on|leases expiring:||||||||||||CODD||COOO|
||Within one year||||||||||||||||||||||10|
||Between two end Bvsyears|||||||||||||||||||||||
||Over five years|||||||||||||||||||||||
||Total tease payments
recognised||as an||expense forthe year||||||ended 31July 2022Etok (202b||||Rtok).|||||||||
|27|CAPITAL CONIMITMENTS|||||||||||||||||||||||
||The College hsd contracted|commitments||||at31||July 2022 for fulure capital projects totaBing 20k (2021:2692k).||||||||||||||||
||RE(ATED PARTY TRANSACTIONS|||||||||||||||||||||||
||The cogegs is part oflhs coBagisle University||||||ofoxford. Material|||||inlerdspsndenciss
between|||the Univsrxity||anil the coBsge arise sss|||consequence||ofthis||
||relationship.
For reporting
purposes, the Universby||||||||and|the other||cogsges sre not treated||as related parties|||as defined in FRS|102||||||
||Members ofthe Governing
Body, who|||are||Ihe Truslees||||ofthe College|||and related parties|as defined||by FRS102,receive rsmunersBon||||and lscgities as employees of||||
||the College. DstsBs ofthese|payments|||snd reinibursed|||||expenses||as|Tmstees are disclosed separately
in these financial statements.|||||||||||
||The College has properties|viilh|lbs.foBoviing||||net book|||values owned|||jointly with Tmstaes|under joint||equity|ownership
agre'emsnts||between lhs Trustee and the|||||
||CoBegs.|||||||||||||||||||||||
||||||||||||||||||||||2022||2021|
||||||||||||||||||||||CDOO||CDOD|
||Total Cogege's share ofcurrent nst book value||||||ofpmpertles||||owns'd. joinBy with Trustees|||||||||||||
||Professor G Gsmelt||||||||||||||||||||||56|
||Professor KPiunkeB||||||||||||||||||||||241|
||Professor JMarBn||||||||||||||||||||251||224|
||Professor CCepegi||||||||||||||||||||278||246|
||Professor CStevens||||||||||||||||||||275||244|
||DrJ PsriCin||||||||||||||||||||2&9||280|
||Professor DDoyle||||||||||||||||||||186||165|
||DrTSenders||||||||||||||||||||192||170|
||Professor ESaupe||||||||||||||||||||185||165|
||Pmfassor
M Husband||||||||||||||||||||'t7&||157|
||Professor Iv Perkins||||||||||||||||||||200|||
||||||||||||||||||||||4||4,|
||ABjoint equity properiies
are subject to||||sale on|||the departure|||ofthe Trustee from the Degage.|||||||||||||
##
|30|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|US DEPARTMENT OF EDUCATION
FINANCIAL RESPONSIBILITY SUPPLEMENTAL SCHEDULE|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||In ssgsfsation||||afits obligs6ans
to facilitate students access lo US federal Financial|||||||std, Ihe Cogegs Is||||required,||by|the||US|Department|||of Education,|lo present, the||
||Iogowing Supplemental||||||Schedules
ina prescribed
formal|||||||||||||||||||||
||The schedules||||have been;|||||||||||||||||||||||
||-prepared||under|||ths hlstaricsl coal convenlian;||||||||||||||||||||||
||-prepared||using|||Unhed|Kingdom gsnsragy accepted accounting
practice, ln accordance wilh ihe Financial||||||||||Reporting||||standard|||102(FRs 102)snd||Ihs statement||
||of Recommended
Praciics:|||||||Accounfing
for Further and Nigher||Education (2019edgion);||||||||||||||||||
||-presented|||in|pounds
sterling|||||||||||||||||||||||
||This schedule||||has been||compiled
from the section 2Example|||Financial sietemenls|||included.||ln the Fsdsril||RegistsrrVot|||||84, Na. 184IMonday, september 23,||||||
||.2019IRules|||end||Regulations||||||||||||||||||||||
||||||||||||||||||||||||||.2022||2021|
||||||||||||||||||||||||||46000||6'000|
||Uncs|||||||Expendable
Net Assets||||||||||||||||||||
||24|||||||Sfstsment ofFinancial
PosiTian|- Nel assets|||Net assets|||without|donar|restriciians||||||||29,214||34,940|
|||||||||wilhouldontrrrestricgons||||||||||||||||||||
||30|||||||.Staiemenl ofFinancial'Position|-Net assets with|||Net assets|||wile donar restrictions||||||||||45,900||47,544|
|||||||||donorreslricgons||||||||||||||||||||
|||||||||Sialsmenl ofFinancial PosÃon|- Relaied psrly|||Secured snd Unsecured|||||related||psriy receivable|||||||||
|||||||||receivable
and Relaied party nate||disclosure||||||||||||||||||
|||||||||Statemsnl af Financial Position|- Related party|||Unsecured|||related|party|receivable|||||||||||
|||||||||receivable
and Related party nots||disclosure||||||||||||||||||
|||||||||Statemeril
of Financial Posilion-. Property,
Plant||||Property,||planl and||equipment,|||.nst||gndudes||||21,912||22,990|
|||||||||end squipmenl,
net,||||Consirucgon|||in progress)|||||||||||||
||FSNote line|||BA||||Note ofIhe Finsndel Ststemanis||- Statement|of|Propsny,||plant and equipment-|||||pre-||||||21,879|||
|||||||||Financial Paslgon- Properly,
plsnl||and equipmenl||implemsntelian||||||||||||||||
|||||||||-pre-implsmsntatian||||||||||||||||||||
||FSNote line|||88||||.Note ofthe Rnanclal Slstsmenls||- Statsmeni|of|Property,||plant end equipment - post-||||||||||||||
|||||||||Rnancisl
Poslgon - Properly,
plant||end equipment||implemenlsliOn
wiih outstanding|||||||debt for||||original|||||
|||||||||-post-Implementation
with outstanding
debt for||||purchase||||||||||||||||
|||||||||original purchase||||||||||||||||||||
||FSNate gne|||BD||||Nate ofIhe Frnsndal
Statements||- Stalemenl|of|Property,||plant snd equipment-|||||post.|||||||||
|||||||||Financlsl Poslgon - Properly, plant||and equlpmsnl||lmplemsnta6on
without outstanding|||||||||debt for|||||||
|||||||||-post implemenlagon
without outstanding
debt||||origina purchase||||||||||||||||
|||||||||for original purchase||||||||||||||||||||
||FSNolo line|||BC||||Note df Ihe Rnandal
Statements||- Stalemsnt|of|Construdion
in progress||||||||||||||||
|||||||||Rnancisl Paslgan- Conslrudlon|in progress|||||||||||||||||||
|||||||||Siaternsnt ofRnancial. Pasllion|-|Lease right&-||Laces rightwf-use||||asset,|nel|||||||||||
|||||||||use assets, net||||||||||||||||||||
||Exduded|Une|||9Note|||Nolo afthe Finandal
Statements||- Statemeni|of|Lease righW&f-use||||asset|pre-Implementation|||||||||||
||Leases|||||||Financial Poslgon- Lease right-af-use asset pre-||||||||||||||||||||
|||||||||implemsnlagon||||||||||||||||||||
||M9 Note Leases|||||||Note ofthe Financial Statemenls||- Statement|of||Lease rightwf-use|||asset.post-iinplemsntagan||||||||||||
|||||||||Finandsl Posigon- Lease right-of||uss easel pasi-||||||||||||||||||
|||||||||impiemsntsgon||||||||||||||||||||
||10|||||||Statement of Financial Position|-|Goodwill|||Intangible||assets|||||||||||||
||10|||||||Slalement ot Financial Position|-Other intangible||||Inlsrtglble||assets|||||||||||||
|||||||||asssis||||||||||||||||||||
||17|||||||Statsmi. nt ofFinancial Pasllian|-|Post-|||Posi-employment|||snd pension|||lisbiliges||||||:3,078||1,413|
|||||||||employmenl
and pendron
gebigties||||||||||||||||||||
||14,20,22|||||||Slatsmsnl
of Finandsl PosSan'-||Nots Payable|||Long-term||debt- for'long||term||purposes||||||50,503|||
|||||||||and Ijneaf Credit for long-term|purposes
(boih|||||||||||||||||||
|||||||||current and long tenn) and Une|afCredit for|||||||||||||||||||
|||||||||Consirudian
In process||||||||||||||||||||
||M24,20,22,||Note|||Debt A||Statement ofFinsndal
Pasirion|-|Nolo Payable|||Long-term||debt - far long lsnn||||purposes||||pre-||50,50$||50;769|
|||||||||and Line ofCredit for long.term|purposes
(hagi|||lmplsmsntatlon||||||||||||||||
|||||||||current snd long tenn) snd Uns|ol Credit for|||||||||||||||||||
|||||||||Constmctlan
In process||||||||||||||||||||
||M24,20,22,||Nole|||Debt B||Statement
ofFinancial Position|-|Noie Payable||.Long-.term|||debl- (or long tenn||||purposes||||posl-|||||
|||||||||end Une ofCredil for long.term|purposes (bo!h|||Implemenlstlon||||||||||||||||
|||||||||crirrenl and lang term) and Uns|afCredit for|||||||||||||||||||
|||||||||Construction
in pmcess||||||||||||||||||||
||M24,20,22,|||Note||Debt C||Stslemeni
ofFinsncia('Posgion|-|Note Payable|||Line ofCredit far Construagon||||||in|process||||||||
|||||||||and Line ofCmdit for long-tenn|purposes
(bath|||||||||||||||||||
|||||||||cunsnl
anil long tenn) and Une|af Credit.for|||||||||||||||||||
|||||||||Canslrurllan
in process||||||||||||||||||||
||21|||||||Stalemeni afFlnandal
Position|-|Lease righl of-|||Lease nghl-of-use|||asset|liabgily|||||||||||
|||||||||use asset liabilily||||||||||||||||||||
||Excluded|Line 21 Note.||||||Statement ofFinancial Posigon-||Lease right-of-|||Prs-implsmenlation|||right-af-use|||leases|||||||||
||Lessee|||||||uss asset liability prs-implementation||||||||||||||||||||
||One 21 Note Leases|||||||Statemenl
ofFinancial Position-'Lease
right.af-|||||Past-implementation|||right-of-uss||||leases||||||||
|||||||||uas easel liabilily post-implementation||||||||||||||||||||
||25|||||||Siaiemsrtt ofRnancisl Position|- Annuilies||||Annuiges|wilh donar rsstricgans||||||||||||||
|||||||||Statement afFinsndal
Pasllian|-|Tens|||Term endowments|||vrith ddnar rssgicgons||||||||||||
|||||||||endowments||||||||||||||||||||
|||||||||Statement o(FinancfalPaslgon-||Life Income|||Life income fu'nds|||vrilh donor restricgons||||||||||||
|||||||||Funds||||||||||||||||||||
|||||||||,Statement ofFinancial
Poslrron|-|Perpetual|||Net assets||wilh donor restrictians;||||||lsslriclsd|||In|28,473||28,766|
|||||||||Funds||||perpetuity||||||||||||||||
##
|30|US DEPARTMENT OF|US DEPARTMENT OF|EDUCATION
FINANCIAL RESPONSISIUTY SUPPLEMENTAL SCHEDULE (continued)|EDUCATION
FINANCIAL RESPONSISIUTY SUPPLEMENTAL SCHEDULE (continued)|EDUCATION
FINANCIAL RESPONSISIUTY SUPPLEMENTAL SCHEDULE (continued)|EDUCATION
FINANCIAL RESPONSISIUTY SUPPLEMENTAL SCHEDULE (continued)|EDUCATION
FINANCIAL RESPONSISIUTY SUPPLEMENTAL SCHEDULE (continued)|EDUCATION
FINANCIAL RESPONSISIUTY SUPPLEMENTAL SCHEDULE (continued)|EDUCATION
FINANCIAL RESPONSISIUTY SUPPLEMENTAL SCHEDULE (continued)|EDUCATION
FINANCIAL RESPONSISIUTY SUPPLEMENTAL SCHEDULE (continued)|EDUCATION
FINANCIAL RESPONSISIUTY SUPPLEMENTAL SCHEDULE (continued)||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||2022|2021|
||||||||||||||8'000|M000|
||Uncs||Total Expenses and Losses||||||||||||
||48||Stalemenl of AdiviTies - Total Operating||Tolal expenses||||wilhout donor rsstricfions - taken||||15,853|12,561|
||||Expenses (Total from Statement of Activities|prior|direcgy from|||Statement ofActivities|||||||
||||to adjuslments)||||||||||||
||(85),45,48,47,48,49||Stelemonl ofAdiviTies - Non-Operagng||NOOOpsrsgng||||and Nel Investmeni|||(lass)|1,492|(15,477)|
||||{Investment
return appropriated
for spending),||||||||||||
||||Investmenls,
nst ofannual spending
gain goes),||||||||||||
||||Other. components
ofnst periodi pension costs,||||||||||||
||||Pension. related changes oiher than nei periodic||||||||||||
||||pension, changes other than net periadic||||||||||||
||||pension, Change
in value ofspill-interesl||||||||||||
||||agreements
end Other gains {loss)- {Totalfrom||||||||||||
||||Statement of Aolivilies prior to adjuslmsnts)||||||||||||
||(35),45||Statement of Activifiss - (Investment
rsium||Net investment||||losses||||1.492|(15,477)|
||||spproprisled
for spending)
and Investments,|nst|||||||||||
||||ot annual spending,
gain goes)||||||||||||
||47||Statement of Activifies
~Pension
related changes||Pension-related||||changes||other than|net periodic|||
||||alber then psriodic pension||costs||||||||||
||Lines||Modified
Net Assets||||||||||||
||24||Statement af Financial Position- Net ssssls||Nei assets||viithou!|||donor|rsstricgons|||34,940|
||||viithput donor restrictians||||||||||||
||30||Statement
ol Financial Position-total
Net assets||Nel assets||with||donor resbictions||||45,900|47,544|
||||with donor reslridions||||||||||||
||||Statemeni ofFlnandal Passion - Goodwgl||Intangible||assets||||||||
||||Statemerri of Financial PosiTian- Related psrly||Secured|snd Unsecured|||||related party receivable||||
||||receivable and Related psriy note disdosure||||||||||||
||||Sfatemsnt sf Financial Position- Related party||Unsecured||related|||party|receivable||||
||||receivable and Related party note disdosure||||||||||||
||Lines||Modified Assets||||||||||||
||12||Statement ofFinandsl Position- Total Assets||Total Assam||||||||130.995|'I37,0'IQ|
||Exduded|Line 9Note|Nots ofthe Finandal Statements - Statement|of|Lease right-of-use|||||asset|prs-implementation||||
||Leases||Finandal
Pobigon- Lease right-of-uss asset|pre-|||||||||||
||||Implemsntation||||||||||||
||Exduded|Line 21 Note|Statemenl of Financial Position - Lease rightwf-||Prs-implementagon|||||right~f~ss leases|||||
||Leases||uss asset.liability pre-implsmsntagan||||||||||||
||10||Statement of Financial Position - Goodwill||Intangible||assets||||||||
||4||Statement of Financial Posigon - Related party||Secured|snd Unsecured|||||related pariy receivable||||
||||receivslils and Related parly note.disclosure||||||||||||
||||Sfatsment af Flnsndsl
Posigon - Related party||Unsscumd|||related||party|receivable||||
||||receivable end Related party note dlsdosure||||||||||||
||Lines||Nst lncoiils Rstlil||||||||||||
||55||Slalsmsnt ofActlviTies - Change
in Net Assets||Change|in|Net||Assets Without Donor||||(5,726)|4,764|
||||Without Donor Restrictions||Restrictions||||||||||
||38, (35),|50|Statement ofActkiilles - (Net assets released||Total Revenue||||and Gains|||||10,104|
||||from rsstricgon), Talal Operating
Revenue snd||||||||||||
||||Other Addltkrns
end Sale of Fixed Assets, gains||||||||||||
||||gasses)||||||||||||
##
|2020/21 comparative|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Permanent|Endowment|||Expendable|Total|
||||||||||Unapplied||Endowment|Endowments|
|||||||||Trust for|Total||||
|||||||||Invextrnani|Return|Total|||
|||||||||EOOO|EOOO|EOOO|K'000|8'000|
|At the beginning
ofthe|year:||||||||||||
|Giii componenl
ofthe permanent|||endowmsnl|||||14,929||14,929||14,929|
|Unapplied
total return|||||||||8,743|8,743||8,743|
|Expendable
sndowinent|||||||||||11,262|11,262|
|Total Endowments||||||||14,929|3,743|23,672|11,262|34,934|
|Movements
in the reporting||period.'|||||||||||
|Gib ofendowment
funds||||||||322||||322|
|Recoupment
of trusl for|Investmenl||||||||||||
|Agocalion from trust for|investment||||||||||||
|Ihvestmeni
return: loial Invsstmeni|||income||||||287|287|414|701|
|Investment
return: realised snd unrsalissd|||||gains and losses||||5,580|5,580|2,655|8,235|
|Less: Inveslmsnt
mansgsmsnl||coals|||||||||Pg)|(79)|
|Other transfers|||||||||||||
|Total|||||||||5,867|6,189||9,179|
|Unsppged
total reiurn allocated to|||Income||In Ihe reporting|psdod|||(1,095}|(1,095}||(1,095)|
|Expendable
endowments|transferred|||ioincome|||||||||
||||||||||(1,09$&|(1,095&|(656)|(1,761)|
|Net movements
ln reporting||period||||||322|4,772|6,094|2,334|7,428|
|At end ofthe reporting|period;||||||||||||
|Gta component
ofths permanent|||endowment|||||15,251||15,251||'l5,251|
|Unapplied
total return|||||||||13,$15|13,615||'13,5'l5|
|Expendable
endowment
Total Endowments||||||||15,251|626|F66|13,598
1,
6|13,596
~2662|
##
##
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|31|ADDITIONAL PRIOR YEAR COMPARATIVES (continued)||||||||||
|b|ANALYSIS QF MOVEMENTS ON||FUNDS||||||||
||2020121 comparative||||||||||
|||||At 1August|Incoming|Resources|||Gainer|At 31July|
|||||2020|resources|expended|Transfers||(losses)|2021|
|||||2'000|B000|R'000||2'000|6000|2'000|
||Endowmont
Funds|- Permanent|||||||||
||Bursades|||565|11|||(10)|133|699|
||Fegowships. and lectureshlps|||15,102|326|||(828)|3,581|18,161|
||General
educ'ational|purposes||1,542|31|||(14)|363|1,922|
||Library'||||10|||(40)|104|517|
||Other purposes|||2,723|116|||(127)|642|'3,354|
||Paces|||191|1'I|||(4)|45|243|
||Scholarships|||3,106|104|||(72)|732|'3,370|
||Endowment
Funds|- Expendable|||||||||
||Burssries|||133|3|||(6)|31|161|
||Chapel|||260|5|||(30)|61|238|
||Fellowships
and lsclureships|||1,298|28|||(187)|306|1,443|
||General sducsSonal|purposes||8,541|334|(79)||(408)|2,014|10,402|
||Library|||45|1|||(3)|11|54|
||Other purposes|||437|34|||(22)|103|552|
||Scholarships|||548|11||||129|688|
||Total Endowinent|Funds - College|||1,023|(79)||(1,751)|8,235|42,362|
||subsidianes
Total Endowment|Funds - Group||34,934|1,W8~~1.7 1||||8,235|42,362|
||Restricted Funds||||||||||
||Aung Sen Suu Kyl Summer School|||6||||||6|
||Burma Exchange Programma|||11||||||11|
||Ilssan pavis Exchange programme|||16||||||16|
||Burssries|||343||(1)||||4'I3|
||Capital projects.fund|||49||(30)||||19|
||Career development|fellowships||293|50|(43)||||300|
||China Studies bugding||||1|(1)|||||
||Cogega prizes|||14||(2)||||12|
||Fellowships|||3||||||4|
||Lecture seda»|||37||||||37|
||Refurbishment
and
Scholarships|development|ofbuildings|54
218|'246
6|(1)
(60)||||299
164|
||Legacy -Student Support|||960|10||||108|1,078|
||Futures Pm)act
Total Restricted Funds
-.Cogage|||2,258
4,264|563
84|~8|||165|2,821
5,182|
||subsldiaries||||||||||
||Total Restricted Funds - Group||||W1|~4387|||165|5,182|
||Unrestricted
Funds||||||||||
||Designated
funds|||2,137|43|(114)||2,385|4,0S»|S,s»4|
||Fixed asset dedignated
fund|||22,935||(1,127)||413||22221|
||Gsneralfunds
Pension Reserve
Total Unrestricted|Funds - College||6,544
('i,440)
30,178|10,824
1887|(11,130)
27
~424.||(1,047)
1,751|407
4,490|5,59S
(1,413)
34.940|
||subsidisries||||||||||
||Total Unrestricted|Funds -Group||30,176|7|~42 8441||1,751|4,490|34,940|
||Total Funds|||69,374|12,781|(12,561)|||12,890|62,484|