Reglstered number. 07441431
Charfty number. 1140132
CLIFTON COLLEGE DEVELOPMENT TRUST
TRUSTEES, REPORT, INDEPENDENT EXAMINDER'S REPORT AND
FINANCIAL STATEMENTS
(A company Ilmlted by guarantee)
FOR THE YEAR ENDED 31 AUGUST 2024
CONTENTS
Page
Annual report of the directots and trust
Independenl Examlnerfs Report
Statement of financlal acllvltles
Slatement of financlal posltlon
Notes to th• Ilnanclal stst•nwnts

CLIFTON COLLEGE DEVEIA)PMENT TRUST
COMPANY INFORMATION
DIRECTORS and TRUSTEES
Mr S A Brewer
MrTcBEll￿tt
Mr J W Glassiwy
Mr G M¢Evoy
Mr A W M¢)rgan
Mr G Palmer
Dr AJ RNlin
Mr fvl S MLxiaria
Resigned 29 April 2024
Re5igngd 12 February 2024
SECRETARY
MTS Gemma Ruthum
COMPANY NUMBER
07441431
CHARITY NUMBER
1140132
PRINCIPAL AND REGISTERED
OFFICE
32 Colege Road
Bristol
BS8 3JH
BANKERS
HSBC Bank F4¢
Catd Circus
62. Wlut6 Streat
Bristol, BSI 60Z
SoLIC￿oRs
Veal8 Wasbrough ItRanls
Narrow Quay House
Narrow Quay
Brisld BS14QA
INDEPENDENT EXAMINER
Guy Biggin FCC& ACA
Crowe U.K. LLP
4• Fk)or
St James H￿se
St James Square
Cheltenham
GL50 3PR

CLIFTON COLLEGE DEVEUIPMEKf TRUST
DIRECTORS. AND TRUSTEES, REPORT
For the yt4r ended 31 Aug•st 2024
Atms AND OBJECTIVES
The charitable objeciives of The Clifton Cokge Deveknpmenl Tnjsl as sel oui in the memorandum of association
are lo advance, for the benefit of the publc. the education of wpils al Clthi College. Bristol and such other
exclusivety chartiable purposes which are lin the opinion of the InBtee$) ¢onne¢ted or as$odated with the
College. Their priorities are lo provide butsarial assistsrte lo qualtfied means tested puplts who otheNi$e Could
not afford a Clifton education. The provision ol bursaries is a¢hieved by request for charitable assistance from
Ohj Clfftonians, parents and friends of Ckfton College. Besides providing bjrsarial assistan￿ the CCDT also
provides funds, from lime to time, lor prioriltsed capilal projects as deemed essential by th8 Headmaster and
the Clrfton College Council.
PUBUC BENEFIT
The company s directh. who are *0 the charity Irustees. consider that they have complied with the duty in
section 17 of the Charilie$ Act 2011 to hav¢ dug regard lo the Ch￿tY Commission's guidance in this area. In
Partic￿laT they are of the op1r￿on that by supporling The Clifton Col*e. itsetf a charity, they are acling the
publ1¢ benefit in assisllng wilh the provisi￿ of an outstarKlwwJ all rwnd education to Y￿1Thg people in the Brist
area.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Trust is a company ￿Mited by guarantee. the company is goverr￿d by its Art￿leS of Association and. in the
event of ils beirvJ wouThJ up. the member (The Cffifton Colle98} is re(wirad to contribut8 an amount not exceeding
£1. The directors of the CoMp￿Y are also the charity trustees forthe purposes of charity law and may not benefit
from the charity other than by the reimbU￿ernen1 of properly incurred expenses.
There must be at least five directors of wh￿M no rn￿e than Iwo may be aprrt)inled by the member and the
majorrty must be appointed by Co￿pIlon of tho tM)ard. Newty appointed directors wi51 be trained by being
intro(luced lo the Colkge and to ils needs by the senior staff of the College. The directiys are Tesp)nsible for
the management of the risk5 faced by the Trust arKI wdl review those risks that can be identified on a regular
basis in order to mitigate or avoid them wherev8r possible.
ACHIEVEMENTS
Since last year, CCDT has".
Continued lo solicit gifts and rKomote grft gI￿ng within eonsttluents. The interregnum belween
development directots has had a slow(knn impacl on this.
Assisted the OC Society with its strategy- working with the President of the Society on positionin9.
We continue to solicit the raising of funds for bur5anal pletss for qualifbed moans l¢sted pupils who
otherwise could not aff￿d a Clifton educati￿.
w0￿ed with Ihe Deveh)pmenl te¥ns new Data Manager to implemerrt the rThJves management
system and research potential new donors.
FINANCIAL REVIEW
The charity's reS￿ts for Ihe wiod are set out in the StatThnl ol Financial Act￿1￿ on page 4.
Dwing th8 period th8 charity th'stributed £164.668 (2023". £80,(KKI) to support bursaries. The Board wish8s lo
continue lo make disburs8ments from the available funds to support those pupils of The Clifton College who
have been idenlifiod and selgcted. The charty holds £4,148 (2023: £59.160) in unrestrthd funds for fulure
bursaries. Since the year end the charity has. in discussion with the College, agreed in principle how such funds
will be ap￿led.
At Ihe year end the charity hekl £1.130 {2023.. £31,099) in reserves for future caKMlal projects.
Availab￿ funds {free reserves) currentty stsnd al £4.148 {2023= £59,160). As noted above it is envisaged thal
the charity will continu8 to make disbursements on an annual basis as long as funding permits and appropriate
pupils are idenlified.
Page I

CLIFfoN COLLEGE DEVELOPMENT TRUST
DIRECTORS. AND TRUSTEES. REPORT
For tht year ended 31 Aut•sl 2024
RESPOMSIBIUTIES OF THE DIRECTORS AND TRUSTEES
The trust88s (who are also dwectors of Clifton College Development Trust for the purposes of company lawl are
Tesponsible for preparin9 the Trustees Annual Report and the Financial Statements in accordance with
applicable law and United KIr￿d0M G￿r2*Y knepted Accounting Pracb"¢6 (United King(kxn Accounting
Standards).
Cornpany law requires the (th'recth to prepare fi￿la1 statements f¢y each fInanCk￿ period which give a true
d fair view of the stale of affairs of the charitaNe company at the balance sheet dale and of its incoming
resources and the application of those resources. including income aThJ expendrture, for the fi￿ncial peric*J. In
preparing these finanoal statemen15 the direcirKs should folknw best practKe al￿.
Sele¢l suitable accounting Fdicies aThJ apply Ihem consistenlty.,
Observe the ￿*th¢)dS and FKinryples in the Charities SORP:
Make judgments and estimates that are reasonable and prudent..
State whelher applicable UK accounting standards have been folknved. Subject io any material
departures disclosed a￿1 explained in Ihe fIn￿CIal statemenls., and
Prepare the financial statements on the going ¢on¢ern basis unles$ il is not approFxiate to assu￿￿ that
the company wll contsnue on that basis.
The board is responsfole for rnaintsining proper acc(MJnting records which discb)se with reasonable accuracy at
any time the financial position of the charitable company and to enable them trj ensure that the financial
slalemenls Comp￿ with the Companies Act 2006. The board is also responsible for safeguarding the assets of
the charitable CoMp￿Y henee of tak￿￿ reasonable steps forth8 prevention and delgclion ol fraud and other
irregularities.
In preparing this repcyt, the Trustees have taken advantage of tho small ¢ompanies oxemption provided by
secti
415A ol the Companies Act 2006.
This
rt was approved by the board on and swd on its behalf by
Graeme McEvoy
Chairman
PAEe 2

CLIFTON COLLEGE DEVELOPMENT TRUST
A COMPANY LIMITED BY GUARENTEE
REGISTERED NUMBER •7441431
Indopondent •xamln•rfs report to the trustses of Cllfton Colkny Dèvolopmont Trnst
I report to the charity trustees on my examinatwjn of tho accounts ol tho company for the year ended 31
August 2024. which are set out w pages 4 to 11.
This reFM)rt is made solely to Ihe charitabkn company's Iruslees. as a t¥)dy. in acCOrdar￿ with Chaptèr 3 of
Part 16 of the Companies Acl 2006 and the charitable company's trustees as a body in accordance V￿th
section 154 of the Chariltes Act 2011. My independent examinerfs work has been undertaken so that I mighl
slate lo the charitable company's Iruslees those matters l am required to slate to them in an independent
examinerfs report arKI for no other purpose. To the fulest extent pemiitted by law. I do not accepl or agsume
responsibility to anyone other Ihan the charitth company. the charilable company's members as a body and
the Charitab￿ company's trustees as a body lor my independent examiner's Wofk. for this report. or for the
opinions I have fom￿.
R•sponslbllitlos and basis of report
the charity's tntstees of the Company (and also its diffj¢lots purposes ol company law) you are
responsible for Ihe preparalion of the ac¢(wnts in aCC￿d￿ with the requirements of the Corr￿a￿leS Act
20061'lhe 2006 Act.).
Hawng satisf￿￿ myself that the a¢¢wts of the Company are not required lo be audited under Part 16 of Ihe
2006 Act and are eligible for Nidependenl examinati￿. I ret#yt in ￿spect ol my examination of your charity's
accounts as carried out undw section 145 of the Ch¥ities Act 2011 ('the 2011 Act.). In carrying oul my
examination I have folk)wed the Directions given by the Charity ComnHss#)n uThJer section 14515) Ib) of Ihe
2011 Act.
Independenl examlnef$ statement
I have completed my examinab'on. I confM thal no mallers have come to my attent￿ in connection with the
examination giving me cause to believe:
accounting rec￿dS were not kept in respecl ofthe Company as requred by sectM￿ 386 ofthe 2006 Act:
or
2. the aCC￿nts do not acc(Yd with t1￿ rec(￿d$., LY
3. the accourbts (lo not comply with Ihe acCO￿ling rewirements of sectM)n 396 of the 2006 Act other than
any requirement that Ihe accounts give a 't￿￿ and fail vi8w which is not a malter considered as part of
an indepeTrJent examinalion,. or
4. the accounts have not been wepared in accordance with the mothods and prin¢iFlgs of Ihe Statement
of Recommended practi￿ for accounting and repo￿n9 by charities aFplicable to charities preparin9
their accounts in aCc￿danCe with the FIn￿￿la1 RekwxtirKJ SLqndard applicable in the UK and Republi
of Ireland (FRS 1021-
I have no concerns and have crAne across no (ther matters in connectK>n with the ewinalion lo whi¢h
attention shoukl be drawn in this report ￿ older to enatle a understsnding of the a¢¢ounl$ to be
reached.
Guy Biggin FCCA, ACA
Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
GL50 3PR
Dale=
Page 3

CLIFfoN COLLEGE DEVELOPMENT TRUST
A COMPANY LIMITED BY GUARENTEE
REGISTERED NUMBER 07441431
STATEMENT OF FINANCL4L AcnvinES
(hKorporatlng the Income and ExpendItU￿ Account)
FOR THE YEAR 31 AUGUST 2024
Unr•$trlct•d R•strfcted
Funds
Funds
Total
Funds
2024
Total
Funds
2023
Notes
INCOME
Donallons and 1•ga¢les
Fundraising Activities
Inv•stm•nt Income
109,535
56,m
166,108
174,516
4,421
4421
3.615
Total Income
113.956
56.m
170.529
178. 131
EXPENDITURE ON:
R•lslng Funds
(1.OM)
11.000)
(32.854)
Charltable actlvltlos
{167.968)
(76.721)
(244,689)
(142.621)
Total Expendlluro
245.689
175,475
NET MOVEMENT IN FUNDS FOR
THE YEAR
(55,012)
(20.148)
(75.160)
2.656
RECONCLILATION OF FUNDS:
FUNOS BROUGHT FORWARD AT 1
SEPTEMBER 2023
59,160
59,230
118,390
115.734
FUNDS CARRIED FORWARD AT 31
AUGUST 2024
4148
39.082
43330
118.390
The nrte5 ￿ pages 6 to 11 forn wi of Ihese ￿C￿nts.
Page 4

CLIFTON COLLEGE DEVEIA)PMENT TRUST
A COMPANY LIMITED BV GUARENTEE
REGASTERED NUMBER •7441431
STATEMENT OF FINANCIAL POSITK)N
AS AT 31 AUGUST 2024
2024
2023
CURRENT ASSETS
Cash al bank
Debtors
47.232
136,025
37,585
173,610
48,492
CURRENT LIABILrriES
Creditofs payable within one year
(5,262)
(55.220)
NET ASSETS
43.230
118,390
RESTRICTED FUNDS
UNRESTRICTED FUNDS
10
13
59,230
59, 160
4.148
TOTAL FUNDS
118390
The Trustees C(￿s￿jer that the Charity is entilled to exemptKm frcffi Ihe requIren￿t to have an audit under the
provistong of section 477 of the Compan￿$ Acl 2c￿6 {"the Act") and members have not requyed the Charity lo
obtain an aLKlit fc* the period in question in acc{thn￿ With sedion 476 of the A¢t.
Tha Trusl&8s acknowl8dg8 their responsiknlilies by comtAying wilh the requiremenls of the Companies Act 2006
th respect to accounting records and the presentalKin of financial statements.
The financial StsleM￿ts have been wepared In a¢¢ixdan¢e with Ihe provis#)n$ apph'cable to companies subje
to the smal companies, regime and in ac¢ordarKe Wi$KJns of FRS102.
The fmancial Statements were apwov¢d and aulhorisod for i5sw by the bwd and wer¢ SIgT￿ on its behalf on
Graem• McEvoy
Chairman
Tha note$ ￿ pages 6 to 11 fum part of these fina￿la1 statements.
Pa8e 5

CLIFTON COLLEGE DEVELOPMENTTRUST
A COMPANY LIMITED BY GUARENTEE
REGISTERED NUMBER •7441431
NOTES TO THE FINANCIAL STATEMENTS
COMPANY INFORMATION
Clifton College DeveloFxnent Trust is a ¢ompany limited by guaranlee. registwed in England and Wales.
registration number 7441431. Ch￿ty number 1140132. The ￿1stered offi¢e 1$ 32 Co4ege Road.
Clifton. Bristol. BS8 ￿H.
BASIS OF PREPARATION
The financial statements of Clifton Cdlege Developmenl Trust have been prepared in accordance with
Financial Reporting Standard 102 IFRS102). the Statewil of Recommended Practice for Charities
{SORP 2015), Companies Act 21￿ arKI Ihe Chaiilies Acl 2011. The charity meets thè definition of a
pub￿¢ benefit enlity under FRS102.
The financial $laterr*nls have been prepared under the histcfical cost ¢onvenlion. The financial
statements havo been weseni¢d in Pourxls Sterting and am vak*s are stsled lo tho lle¥est pound.
The Trustees have considered the available resources as sel oul in note 9 to these ffinancial statements
when assessing the going conceffl basis for preparing Ihe financial ststements. The Ch*ity continues to
receive donation income and the discrelk)nary natur8 of grant expenditure mitigates Ihe risk of a deficit
result impacting reseTres. The current level of reserves arNJ cash held are considered sufficient to meet
outstanding commitments aThJ any liabililtes as they fall due. There are no material uncertainties about
the charities ability to continue as a going concern. As a result. th8 company therefor8 continues to
adopt the going basis in preparing ttrwe financial statwngnts.
ACCOUNTING POLICIES
Donatlons
Donations are recognised when the Trust is entitled to the ncome, receipt is probatrAe and the valu8 or
Ihe dOna￿n can be measured ￿7th reas￿able ae¢uraGy.
Legacles
Legacies are recognised the Trust is entitled to the in¢¢xne. r8¢eipl is Fyobable and the vabJe of
the donation can be measured with reasonable accuracy.
Fund a￿OUntiTrg
Unre51ricted funds are available for use at the dis¢yetion of the Trustees in fUrthera￿e of the general
objectives of the Charty. Donations towar(Js SCI￿[$hiPs and bursaries are trealed as unrestricted.
Restricted funds are thosè us8d in accordancé wtth thè Specif￿ r8StitlKJns imposod by donors, or which
have been raised by the TNSI for particular purpose5. The costs of raising and administering s￿h funds
are charged against the specifK furKI where apF4icable.
Charfiable oxpendltur•
All resources expended on charitabk actmties relate to grants pamj lo The Clifton College. Grants
payable lo The Clifton College are recognised when Ihe expense is i￿Urred. Included in charilable
xpendilure are govemance costs relating to the independent examination.
Deblors
Trade and other debtors are recognkvd al the setU8menl due aft8r any trade discounts offered.
Prepayments are vabjed at the amount prepaKI nei ofany trade dIs￿untS due.
Page 6

CLIFTON COLLEGE DEVELOPMENT TRUST
A COMPANY LIMITED BY GUARENTEE
REGISTERED NUMBER •7441431
Cash at bank and In hand
Cash al bank and in hand Inch￿e9 just cash.
Croditorn
Trade and other creditus are recognised al the transadion Fxte.
Judgments In applylng accountlng polcltrs and kèy S¢￿1¢￿ ol èstlmatlon uncèrtalnty
There were M j￿gments or key $4xtrees of estmatth uneèrtainty in prep￿ng these financial
slalements.
DONATIONS AND LEGACIES
Unrestrkted
Funds
Restrfcted
Funds
Total Funds
2024
Total Funds
2023
Donatlon$
Total 2024
109.535
109.535
166,108
166,108
174.516
56,573
Tot812023
143.807
30,715
174.576
INVEsTmEP￿ INCOME
2024
2023
Intornst
Total
4.421
4,421
3,615
3.615
All investsnent in¢(￿e relates lo unrestricied funds.
Page 7

CLIFTON COLLEGE DEVELOPMENT TRUST
A COMPANY LIMITED BY GUARENTEE
RKGISTERED NUMBER 07441431
ANALYSIS OF TOTAL &XPENDITURE
Unrnslrlctad RestrScted
Funds
Funds
Total
2024
Tolal
2023
Ralslng Funds
Fundraising and
Development
Total
Charftabl• Actlvltles
Scholarships arKI
Bursaries
Appeal- Harpsichord
Appeal- Redgrave
Projector
Appeal- Grand
Piano
Rowng Boals
Ca￿la1 Building
Funds
Golf Swing
HSWJ Trust
Water5ports
Girfs Day House
School House FurKI
New Field Cricket
SEN FuTrJ
PPE Fund
Walson House FT
Cricket Scoreboard
Stanf(Kd Award
Governance Costs
1.000
32.854
1.000
32.854
164.668
164.668
80.000
1.250
375
27
29.402
11.398
11.398
25,000
25.000
25,000
12,500
795
5.275
1.999
15284
91
3.1)00
690
12,500
795
5,275
1.999
15284
91
3,000
690
3.300
244,689
245.689
540
6,027
142.621
167.968
168.968
76.721
76.721
Total 2024
Tolal 2023
118.881
56.594
1T5.475
DEBTORS
2024
2023
Trade Dobtors (Inc. Gift Ald)
Total
37,585
3T,585
CREDrroRS DUE WITHIN I YEAR
2024
23
Trade Croditors
Other Creditors and A¢¢ruals
Total
1.962
3,300
5.262
52.733
3,087
55.220
Page 8

CLIFTON COLLEGE DEVELOPMENT TRUST
ACOMPANY LIMITED BY GUARENTEE
REGISTERED NUMBER 074414JI
MOVEMENT IN FUNDS
At I September Income
2023
59.230
59.160
118.390
Expenditur
At 31 August
2024
39,082
4,148
43.230
Restrlcted Funds
Unrestrlcled Funds
Tolal
56.573
113,956
170,529
(76.721)
168,968
245,689
Unrestricted fund5 are expendable at the disc¥ell￿ of Ihe trustees. but will typKalty b8 Used to lund
scholarshi)s and butsaries. Rastrthd funds relate to donatK)n5 roceived for one or more capital
projects.
At1
Seplember
2022
88.109
Income
Expndlturo
Transfor
At31
Augu$t
2023
59.230
R•strlct•d Funds
30.715
{56.594)
13.000
Unrestrlctod Funds
27.625
1118.881)
3.000
59,160
Total
115.734
178.131
17S475
118,390
Prlor Yèar Movement in Funds
PaBc 9

CLIFTON COLLEGE DEVELOPMENT TRusr
A COMPANY LIMITED BY GUARENTEE
REGISTERED NUMBER 07441431
10. RESTRICTED FUNDS
At 1 September In¢(xne Exp¢nditure
2023
At 31 Augu$t
2024
Capital Building Fund
Harpslchord Fund
Grand Piano Fund
Rowlng Fund
Walersports
Glrls Day House Fund
School Hou¥• Fund
N•w Figld Crick￿ Fund
SEN Fund
PPE Fund
Golf Swing
Wotson Football Tab
Hugh Harper Fund
Crl¢ket Scoroboard
Stanford Award
Modem Language
Total
11.398
111.398)
161
161
5.000 23.620
12,500
819
1689)
{12,$00)
1795)
15.275)
11.999)
115.2841
(25.0001
27.931
24
1.999
2SIXID
91
1,683
3.000
1,075
1,683
13.0001
(6901
385
7,953
39.082
7,953
56.573
59.230
76.721
Prlor Yoar Rostrldod Funds
Incomo Ex￿ndituTe
At31
August 2023
Soptgmbgr
2022
Capltal Bullding Fund
Harpsl¢hord Fund
Redgrave Projector Fund
Grand Plano Fund
Rowing Fund
Wat•rsports
Girls Day Hous• Fund
School HOU￿ Fund
Now Fltrld Cri¢k•t Fund
SEN Fund
PPE Fund
11.398
1350
375
11,398
(1.2501
13751
(271
129.4021
4632
25.715
5.000
12.500
819
5.275
1,999
15.284
12.50D
819
5,275
1,999
15284
Watson Football Table
Tap Twinnlng Fund
Hugh Harper Fund
HSWJ Trust Fund
Cricket Scoreboard
stanford Award
Totsl
631
3.000
1.683
25.000
3.000
1.075
88,109
91
13.000)
1.683
125.000>
3.IXIO
1.075
59,230
59.594
Pagc 10

CLIFTON COLLEGE DgVEWPMENT TRUST
A COMPANY LIMITED BY GUARENTEE
REGISTERED NUMBER 07441431
11. FUND DESCRIPTIONS
Capital Building Fund
Harpsichord Appeal
Grand Piano Appeal
Rowing Appeal
Walersports
Girls Day House Fund
Schwl House Fund
N&w Field Cricket Fvnd
Funding for caFMlal repairs arKI improvements in Clifton College.
Funding fty a new harpsi¢hord for the Music Department.
Funding for the purchase of a new grand piano in Ihe Chapel.
Funding for now rowing t4)at$ for tho Rowing CILkn.
Fmding lor watersports &tivTbes
Funding for Holland's Day Hous8.
Funding for the boarding house S¢ht)ol House.
Funding for new cricket nels and the refurbtshrrwl of the eri¢kel
pavlion on New F￿.
Funding for increased SUP￿ of SEN St￿Jents
Funding the purchase and production of personal protective
equipmenl the Bristol Communty during the Coronavirus
pandemic.
F￿ding sel up of Gow Simulator
Funding for the puffchase of a footbèll tab￿ for Watson's Boys
House.
FLmding for an annual award gifted to the besl debatsr.
Funding a ngw cricket so)rgboard.
F￿dIng a prize awarded by the Owedor of Music of the best
organ scholar.
F4M)ding f￿ the m(thm lanwage departn￿l
SEN Fund
PPE Fund
Golf Swing
Walson House Foolball Tab
Fund
Hugh Ha￿er Fund
Cricket Scoreboard Fund
Sir Charles Villers Stanford
Award
Modem Language
12. TRANSFERS BETWEEN FUNDS
D￿ng the year there were no transfers belween fvnds
13. UNRESTRICTED FUNDS
At1
S•pt8mb•r
2023
59.160
Inc￿￿ Exp•rbdltur•
Fund
Transf•r
At31
August
2024
4,148
S¢holarshlps and
Bursaries
Totsl
113.956
{168.968)
59.160
113.956
168.968
4.148
Pa8¢11

CLIFTON COLLEGE DEVEIA)PMENT TRUST
A COMPANY LIMITED BY GUARENTEE
REGISTERED iYUMBER •7441431
1￿ NET ASSETS
N•t Current
Assets
39,082
4.148
Fund Balances
Restricted Funds
Unrnstrict•d Funds
Total
39,082
PRIOR YEAR NET ASS￿8
Net Current
Assets
59.230
59.160
118 390
Fund Balances
Restricted Funds
Unr•¥trlatsd FurKIs
Totsl
59.230
59.160
118 390
15. TRUSTEE & EMPLOYEE REMUNERATION
No trustee received any remuneration. was arw trustee reimbursed for ex￿n$¢$ in¢urred. There
were no employees in the current or wev1(￿S per￿. No empk)yee received remun8ralion amounting to
more than £60,000 in either year.
16. INDEPENDENT EXAMIMER REMUNERATION
The fee paid to the independent eXam1r￿ in relatM￿ lo Ihe indepeThJent examinatiC￿ of the financial
statements was £3.300 laccrued)12023". £3.0871.
17. RELATED PARTY TRANSACTIOPIS
The Cliftcffi College ar￿1 Clifton College Development Trust have common trusiees. Grants payable by
Clifton College Development Trust to The Ch'ft¢)n Colkge totsl £150.000 in the period {2023: £147.504).
Durin9 the financial year Trustees made donalions totaling £16,5C(1 (2023: £7.400) to the Charity.
Pa8e 12