St Chad's College RLPOrt ()r the CJ()vernors and FinanLial Statements ror the year ended 30 Septembcr 2024 11 Nrrfth 11011 ni¥nivOJIO9442 4*•r¥y mmW.011429SI
St I:had's (:tslle¥¢ &ur yrwefftded 30 2024 Rc1 orth¢ ofthe CN>vemors' )n5}i iliiies in rt$pl ofthe C. nd Firnncid S317 Con501idthd 5ment of fiw¢i41 lWl¢S(•ting in¢fflK and ¢¥ditty¢ 21 CwNAidoied bolKY the Chray bolwx¢ >kni Jolmknkd of e•sh fiow¥ Ilows frrth OWM¥divilie8 Nrfe5 10 th¢ riwn¢1
81 ChDd's Colle8E R¢wi ofthe f111 y¢¢thtsl 30 SqittnlAr2024 Repurl vf lhe Governo Si c'141.5 C"olkge is con¥tilw Colk8¢ of ihe Unibyrsity of LlYhMb, fowwJEd in Ilxbl 4nd Zoved by a M¢M(dW Articles of dated 19 July 2014. Thc Mcmkn of the Awiilion C(111tUl¢ Ihe Lollege gnd ut the Go¥emors fw ihe iirne bel w¢ •l&o th Injsw of Registcttd Uwr•ty l)irec¢ors oCil l.imiled Conlpny. The R¢vd Fr M WLY)drnff, ( Miss M AldwnCJAtes PY¢gident of the Jun¥0rComm Rmn (wthil 31Jl March )J24}a Mrn A Allm N110¢t ofihe Colk8e CTthIo Ms l. Br1W Mr J BTrdgv. JLR SI GpvtyrwJrlfrMI I. April 20241 The R¢Yd c.4Th R Prn¥l&ni ofihe C(thmon Ro MT A B4KIic Mf P CharNll¢r. N¢IndI of ihe his>P ofihJA Mi&$ R Prc5i(b of th¢ Junior Lanmon RO lfrom I. April 2024laoffKAo nrY&Ic Prnf S lkn¢k¢tL NOrniwti(I of lknham UniY¢T5ity Prvf R lknnrnf(Jrd, Nimiin•liM ofihe ljishop <•f CaAisle MT A kny, NoTlliDPiiOD ol'ihc Archbi51¥y of York MT M Lee, PfesidLYM of ihe Common Room ex offtc Prvf J MAcfftughion. NnialL0 of l)urham Ilniver5ily MT J Mar5hg11. Nunimlion of Ihe EJislM)p of New81¢ Dr M J Pri1paI & Ik¥AI of11(Mtye rt¥ 4fKi(I Mf M MorwK Junior (."Mf R%*4n Siudeffl (l.n{wl1 31. March 2024) MY l) RLM Ifnyn IP Septembts 2024) lthe Reyd R Sprin8 Ms M VIy8hAn Prof J (urtil IV 2ff24) CDlkyt ()fflten - Dr M J Mw)n Fin¢ & (WI( Dtffdw- Mr A J J¢nkins Vl¢e.PAIKbpl- tk V Ilvow IDr M J M•swi. Mr A kftk¥¥ and V Ilmwn we Blso Diffctorn OCSI ChNI's Colk8t (Tmdirql l.imil¢dl C'vmp••y J109442 R¢gls¢¢rnd Ch•rliy l•umbtr 011429S1
& Chd'$ Q'(bll K¢p)rt•Cth¢G)mits Pinu¥1 &1¢¢1$ l.oriky¢woxkd 30 2024 Rcport of the Ciovernors (confllluedj Rtgi¥itrnd offitt 18 Norfh ¢Y DHI 3RH Sttrntary io itht Thd l.'omp#ny knrrlry Mr A J J¢nkiM ttker& N110r1 WmiNI Bank 12 Markd strttk DHI 3NG SDll¢liorJ Swinburnt MAthliJon Soli¢1 Venluff I ILI¢ Aykley He#ds Cenl Aykl¢y I l¢• Durhanj DII I STS Avi1 Yvu C¢ntrnl Forth Ty NEI 3PJ Ini'¢slbneit M•%m CLLA Invem¢n¢ iAd (kne An8cI l.ane IA>rthn EC4R 3AB RathlKbnes Lid (ieorye I lo l&sw)w Lt2 ILI.1 A#dlikn CLA F.velyn hrtJxYs l.tmithd 17 QLtrns iAn¢ Newca8tle
si Chhd's Colle8C Ryrt oftk •NJ Repurl of ¢h¢ l•overDorii (conilnued) (iov¢mor& wlxh ar¢ dittttLM5 of ihe Q4xnpny or Loll¢g¢ fw ihr wrpox4 of I1 Compani¢5 A¢1. 5ulxni¢ their anniml ryrt and ihc llwlil¢d fin•rtinl )thi¢MlIA of ¢4 Chfjd's Colkg¢ {tht'tompMry" or'X'dk8e") the yw ((1 14) 2024. Tr Gts¥emoYs conlimi ih•t r¢p)rf fIrWll of the Company or Colle8c comply with rlnrrt the requIn¥ne of the L¢xTrnY ir L4)Ilw's 8ov¢rninB dopwnviii fi1 the i)rovisity)s of the Ch8rities Slatement of ROrnme Prl¢t IRP> FR5 102 (erferti l J•nw 2019). Fortwonl from ibe Ch#lr ofciOI'iYiorJ IIK c111•¥¢ eff¢ of nWIng 0111& dqrfm¥& ihe or 5evernl y¢W5 h•v¢ bom in 2023.?4 in • year of stiOn8 perfomiBrKe eMbliTrg us lo b¢y()tsd ihe iftu-cffcds ofi rAnde¥ni¢ pursuo wilh Si LIMd'$ llowishin8 li. irtell¢th•l e•nmunity. experi¢nc¢, and wider iiThJ public Ier11. Ow c(Yt woth by S1¢ is th¢ pmw510n of * ¢onthIlI ColkBe to the Univcr5ity of of iwo r¢m#inin¥ Airh l1xkThlrnI in51111$>. Think4 to carcful r¢-oik1i1I•tsn Df ¢h¢ finmcial 4wrth)¢ni of our lltest MeniorxrKlum o( in 2021, priiy uf nmI10n to Si ch.$ wilh ilK value of ryi¢¢5 4nd pmvthd by Ilnivefsiiy to sluthnts of its m&irfllln Lollcp has ¥•bl¢d ths io lY ab more mlistic level of I¥C. bHl4tKa Dv¢r mer•1 yeAr4 r(y our 5ovisiM of ytudert cxwiuKr. lThis ¢OfLsidmbly •id5 our CO1 to ¢M•blish our Wet for JtLKknt.r¢luryl ormiM>Tts, dii'ffsifi¢d intome rJliiM. •rMI our care for hijloric Iwilding5. With Ijn public fin•n¢¢8 and fiNIi &1bre to higk edu110 Iwjwever. Ihe Govtnm have idtyilied thc signific4nl inuxn¢ of Ihc CDlle8¢ Fce 1$ a rixk 10 in il ¢v¢ni of constrwiity OT cvcn 1rdl05 lo lknm's fun(lin8 acro&% •ll frf its colkge•bl ex5yrK4Y. lknai id. thc year cloged th • hr txllcr Llmnniuciil Aoason thon proicth¢d. indiLYtsng Ihal the 0¢ Jspe¢tod thel1 in even l¢aiw •nd Confte kniKss h•9 with roDfi&nL% rt4umiry vi8wrwly sinc¢ the Sir0 fin1•1 PKrfMnarKY •kn en&blcd u5 to th¢ dulknqe of wb rEquiremMi repl•cc Wll fir¢ do(s to Cllpty wih striwr fe¢y rt¥wI1on8. We 8bl¢ t4) ihi5 ints) ¢ffe¢l p¢iimwly •tMI re•phn our yenuDI rtfultsWHeM of TrtomMI wKthoth th'ng signific•nl del•y ID Ihe onsoing buildin85 a¥d's highly 4llwii¥e lo pnwive for Its (hwxxcr. dhos And reguh&' thus ITh poriTKrship wilh ¢h¢ Ilniverxity wc ha h1 tw probkms in aitrn¢lin¥ •dMissi. thr annual trvey% of stydcrt eXrIeNc, takcm wilh •noiher 5¢rry yw for xathmic achiemS c(KinL¥e io irfo full l.ike rfh¢r high¢r tyluCljft iDaituli th¢ Colkge ha5 kq)l in mind the vulbIlli> of the Uni Kin8¢1(Mi'S L¢niv¢Ysilics to its reliqrKe on hryh nwDbe15 of oersetts ¥tudeNs tho SUr¢ on the all(11 of uderns to Thjrrn i1 51 LhwJ'$ slthld iiiiurnhrioiul Lxxliti0ts5 chw%e. lIenr$ are awart of I wUl(Able Tnlu¢ of o¥1 iThkpaMkftt 4nd ComribLrti( wr C mike lo Ihc L5niv¢rsily iii w11dllY with th¢ othtx Cdkges 4 * YrsuiL wt keep uth T¢Y¥PW ih¢ of a sptud of and p(ts&iMI YIK11 ind foLmdional 4$ (fft ofihe I•M College& A highlithi of the ymr w&s a fvll pmRrnmm¢ ovtrdue ny•irs, (u15en1 And c0nryel1v wgyade or the C.haFI. This is a niuch I0d LM5iS It the (¢ntrr ofihe Colle84 1 ihe worlhip ihAt hns iKen i dally plln of life xt 51 (h1.3 sinry ils fillMW arts and music•makin& 4$ w¢ll •1 • refuse of am L4lltnKes of life SdY. In ih¢ pTrndmiq h#d lmo ofMkv¢lq)ing the C'Iubp¢I. %irn li 11 b¢yond 115 lift thr tv#i mort pttssiftg danMls wtre mKdc rn our we fouNI ihgl its LwiL8 rtmlined . •Thl a s¢¢35(u7 appAI lo •liimni, friend% grnnE-m#ling tmrts th M'iih li8hiitxt and h¢1 lh nL) Ir•wer gives w4. a roof thai is Th>w llertI¥ll. Ind • trautifvl stoiwj &l)ll window l.om IMS me1 i Mwr¢d ofour spiri17 I1¢ in pe1 r(w many dec4do to ¢¥xne. 'rh¢ ¢¢&% of the •ppl Br the Collegr's ¢ortin4d IIMn¢il •x •n audunbc ilw thht w¢ could hvn on¢¢ ¢0 tht dwll¢i8es of acct&sibility lo Miin Colkgc. In ihv xI frw yeaT4 ther¢foYt. in iiion ts) on8oing pff(gTwni of refurt)i5hnbwi in wr lkJI1 t1 xtiMnm(*kte our m¢miw E kccn lo ih¢ lo S¢ Chad's io lovel indwrthii to I Il•ll will ce5 f•¢ilitsVJ •ll. ye•r I rwrted plaThs to upthtc our Aflirl¢s of AMocknii(xi. lliis is a PnyeeL now trachll ils fi1 51a8¢3 xp ih relkd c(M)ditiorLs rnect nl5. In M•wh 2024 1 worted w the
St CIMd'q Colle¥e R4 ofiht FiTw¥AI Farilr y¢•r ¢th ]0 S•x(Thlw 2024 Governws I wld op down Cr<¥n my ¢oNI tffln in the L•r by er 2025. "n VloY-Clr. amndkf. coNILKted a thon)u8h con5ul¢iion aThl Ehe ttsuliinB srw¢h Colle8t Chair md with i #r . in(lic•lingthe high ry•rd in which cl.5 13 hcjd iK4h as • con1111 Indekl Colk8c of a wotld- C.1 UniverSily. awl u • ihfiying ins11tion An¥lic#n roots cthutional h•v¢ deye10p1 #nd ¢oniiIi lo ha iyarinu 111. nearly 120 •r5 aft¢T its foLMthi1. I'he Gov¢nMx5 wHnimously John mah#[l to rYe Lollege Chir fnmn Fa%i¢r 2025. John I who Iw¥ •lreW been Thin8 IS 4 Colk¥¢ (iovernLY. Hi¥ cutsid¢rnNe bu5inw kgal and civil xKivly uperiemt in (he North ve8ion, l$ be4n brthi8111 bear 1 St Lhad's as c.hair of ihc (ioVffl. c111111 ove¥seeing OLW W(M Ilthnni rtkniion5 Ind fundrai& ) lh to ind fulfil our oty'ed& In liM with Cdkg¢'¥ Articl athl io¢nJrt Lhrt •5 Chair h¢ may 9tr¥t a fiill ienn. he resisd •5 4 (lover with ihe o(the fininu#l
Y•r. Ix mighi dlY his rnk in 8ovMrw¢¢ as Ils lewkn 4lle¢ six ffl 'Th¢ y¢Trrb aknd will see ihe ¥re¥S of ¢wr c51Hl¢ rcfwbislwnert the lfor ronme¢Thent of tyjr iLYw1.11fy Wj¢cl. •nd ihc cunpknion of rhe lo (Mjr Arti¢1¢s of Awiiiion. We 3luill 1150 1 reviewin8 lh¢ l¢Trycar Colle8c Strnic8y M'e hi lttn wwk'ing lo evolving since 2017. a1 44pin8 the nexl il6vli¢xi AY ki[ . Cw's for& This will oAlp wilh Imir joini revic wilh thkn IIDivmily ofour MtMwdkn or Urth&ndiTr8. The MemornNknx c5thblbSlxd parily of ¥h& Iltyham's own ffl•iM4inrd Colle8e5 and tk ithPnI Colle8u rt4wir¢ by w•y or ruN1¢4J for ilrir work to wjvith iht tlIn colleRM 5tthi c¥p¢riarn B¢for¢ he leaves io thke new r(¢ xs Chi¢f (er4liiW ()ffic¢T of KiTrg'5 Colle¥¢ l 5h io rtcord the Ctyllw's •pprecition for efforls PrfrVi¢¢QIuc1l0r (ColltB¢s) J¢Trmy C4)ok 10 xhi¢ve a Meli1051Y fuir 4r¥1 Costed Colle¢ Si Chad's q•ine bLwriin8 fo1¥ for the UnivrrnY'5 dirryt fundiD¥ with JE8Jrd (o its Lollc8¢J. since ihis h•$ ¢rnbl¢d us to plan OLtr own with clariiy nd g¢¢Lmly. lJoY>Thl 2027. tl Colle8e will Ihl¥o be looking foThnrd in 2029 to ils 125 AwwveTSHry $ie ils Si Clwd'i Il•ll, Ihring the ymr. wt Wble k) c(wl on the rn8t of ykills and voi¢¢ g(vernors wh wide rryiiv¢& We Said farewell lo Mldi AIdm-cJ&t (Jwiiof Common Room Pre5i&nL) M1 Mmn (JCR 5fudcrt govcrn(Y ind as JCR I'n1&1. giving us prs ofYvic¢ bvDrdA [cOmed Rhxl tk)bbin u t new J(".R ltr¢$i
min& of laTr w$ el¢thd io him. Thc Colle8e'$ bthkl wilh DWha1 CaiWT•l is irnportanl aThJ hi()rIC. An doM Ind •3 tk BOVi¥TK)r ' lead. I1 will #ep down fis 8 8OVtTttor an¢r IQ y¢u5 in 202.% are Ill dtli8hi¢d that hbs $I¢S5or a5 TYeaJurnr will be 8vv¢¥nDr. MBgs VaU81w wAh lr ¢xpuYnct insi1 in knin maA8tln¢nl arthj d110pm Ali51air Jertkim h•s Mtsidily ille Colltye'$ yrdliorts and I a ihorthwh r¢r(nlIuiI<ffl of 5t•fT nlUre in dl &partfflen c¢uied exffll¢nt al(ffiK w'ith C41krni¢ The(thld to wovide us with CQnsi1Y reli•bk and rr4wring financial and cluity. dri¥en #14d upwade of College lIding$ f•¢iliii¢5 I1 also ¢uhi¥ate(l the stsft'twns with and en81& aj ¢¥ikn¢¢d in e¥eryty*'s palpble whnh lo St CThad'J IL%
awd's C.olle8e yr¥•thJ JO 2024 Dr Maryrd Masson io prvyi& kiilemliip only wise Ilud of Ilowc 4lso thc prtsiding sdx)ladJ' MINI in our li(t 45 ¥ leaming and intelleLI ejjmmunity. With the ty.to.d•y aThl coIIMixn¢i4)n ofihe Vic¢-Prilrpo1. Dr Virloru IlrL7WTh been frt¢ io fo¢w on itrst 81¢ le4(kYthip r(ths ai th¢ llliies $ facil¥iins UOLtr48in8 the of oihers io imwvve wxess ind infonnl syslems and alsu io E¥ke frnrd ¢lK Colk¥e ¥¢surrh pTogTrmin¢, PolKy & P¢1¢¢ ui)Lkr P(101 Tmy Ihe vill 5¢(11 w¢Kk of uur Chplain. fr thid Rushio and tht Assiytsni PrIvIS Dr Chrlie Pembcrton and Jeanna Spencer. and bank of miith iWfeCited Loll¢gr 'l'utw To t1. INI ll ¥aff. 108¢ihLY wiih ilw in suth imp)rtLni rok% on ihe exec1Ve8 of our Lhrtt Comm4)n Rrw)m4 I exie fw the our dc¢peA thanks thirnlion. The Revd Fr W(xtruir Chlir olGo¥wnrffs St Clwd'5 Colt¢AE. u¥¢NIty o(Durhw SlnKt¥re, Gol'trunet Th¢ C4Jntwy N Coll¢8e is a chBriible limbted by Buafdntee C)11hcd by 4 NlemLY4ndum Df A5x>ciion 4 Miy 1910. & Ch¥fs C.'tslk8¢ a rt¥isteRd ehArily. ofwhich Gov¢mm ¥¢ truA¢S. rv8islr4ii nurnb¢r 1142958. Offt 19 July 2014. io thi it was in exefflts dTIlY. Tr mEMi of IP Alln •r¢ ihe (Jovenr% lKb the ColleBe aThJ forni its Gov¢mins11(. Si LhNI's College (I'rlinB) l.imiied 1$ 4 10(ft4 wbsid1 ¢(Knwy whKh ig ui regi4Trtion nwnbcr of & Lhd'sLolbege (rnd1? LinAed is 0584404 y iw>inlmerrt of the CJovemor4 th¢ Princip. FiTh•rKe & (¢tIonS Din%lor. •MI Vi¢e-Pfin¢ip•l r¢ 11$ wrr¥ b) Meihod tsf F.It(ilon orGoT•T$ I'h¢ ofth¢ Lolk8v r¢4Mrnibility ofihe a0vern Mkn ekded t¥ •ppointed tem of the Articks of A5Y)Li¥¢ion. lTh¢ held oifKe dwin8tht •nd d•1¢ of •pwI1 of tk finwKlal th4ll¢rts j on 2. ColltRt Cwow¢niori' Ilablllly Th¢ (itrvwncf$ 8wwe¢ ty cartri1¢ an ex¢¢¢ding £1 w the •ssrfJ of ¢lwiiy ¥h th tv of d) New Govemots iTrJLKted by I kn'relary lo Ihe ¥nd by ihe Prui¢tp•l of Co]le8c ond buxfjt fTts irlfftiftg vilxblv ihnwli tl VDiversily thr prov4kr& Th¢y #rE lyo cqjy of ihe Colkgt's Memor¥ndum and ArtKIL¥ of ASS1110. lis cum¢ s11¢$. M¢miornrNlum thf wilh ihyham Univ¢ryty. tl Colk8v's annual review ol its life nd woth 7k L"1NdslI. thc Gov¢morn' annwl w and the annuol audited fiMneil rtith. Th. r&wired io lo ihe Coll¢BC'S drible thims •nd obj¢ciive& io DnI wilh the Lulle¥t's poli¢iLY 8overnrKc pro¢u5C4 wtti¥lly ihest tOry compliance and Saleg4mbrd¥ And io di5clw¢ wibl¢ ¢?fli¢13 of iniereu. 'nK c.hair of l10vl)0rS Cdts • rollin8 ¥kill$ aiKlil to infonn ih¢ &wx)irtiiiil of i11¥11 (i07rtnwxs ILI particular aT¢as ofihe w(k of governance. and io re¢ruii rthv CJOVtTnors i*ith ex1}enCe ind skills nedtyl. Cioyernm iiiviiLxI io pNiciWe in ihc li ofihe Colleby m • reguknr knis.
St Qlkl's College
Fw Il¥ jo 21Q4
Tht d•y tD thy rin8 of ihe College is del¢8alcd 10 P11. IPK Trir•rK¢ & olOnS Dwatsr, 8Th111
Thc fM)VCTnors h•w •ss¢sd the risks to whith Comwy or Collt¥e is vxw)xd. thosE
rel• lo the owations ind of the Comp•ny ty C(41ry4 I1 they rr8ulwty miew arr in
plxe lo miiiwt exixw li> mnjor risk
Risks •r¢ c80r1 irto the following brLI h¢•Jings.' F4tle I)iwiM. In(rnsiruclwE SuFvor( Hwn
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Safoty, Mlene and Comme141 Aclivity. The niaj( risks lo Iludu1Dn$ in
lh¢ IrKls of ii)conbe. slake1ld¢r S11[ClIn by d¢livtyinB luC m1y 1 81 qwlity
e invethethl in 15 ¢W¢Ati4L
Th¢ Cjovernm hair l
Si ChTrJ'% C.ulle8e
JO Sq4¢Thlw2024
CioWrn)rn obli8ed io woy•de ihe of the Collt8e with on the of11s obJKti
s * Cliwch (¥f F.Th8land founduion. To this ¢nd th¢ Prinriwl oif¢fs • reiNMI lo IIK Rea. and the CThllir of
(rfI¥¢ns ¢orTr5uIIs tk R¢¢tor as The Govemorsemploy An An8lic prjest Bs ChpJTrin lo Veld[£ rwihr
wmhip in ihe (Thptl ind. arn( thrties, to ofTeT 5pirilu41 ¢ ivilbk to •ll With iht C4)Ileb
cornm¥ty. Tr C4)Ily Ilw sthDl•r5hip5 •fMI f( in W of ihe (JWFI'S
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of ff lig1w ¢du¢i(ffi. learnin8 NI ffY•rch wiihth ibt Uni¥trsiiy of
Ihwin8 y¢ar. the Collc¥¢ cONld io its VisirKL Valirn for 2017 2027.
the htart of this lie ihe fdiowin8 definitiw
O•r Vlslon. To be i ho4>ilAblK $PrlI. ¢h•1luyi ¢I)Mmlty of I¢ww8 whith md
ow memlM io with wn•8ifbAtiL nd ir¢Vity tOWgrd5 • sustsimbk preSBnt and
Uibr Mi¥ion: Wkin¥ Itwdr • m5, feneaiby commmil). whh 115 In ou151andin8 ¢olk¥iat¢
globthl dll
Cl4d's Colkg¢ 1.or •¥kd 10 2014 Iikn& primarily fix Ihe u5B of its •lw reqw to of the wlthr BODd WAlity and CLmYi¥iiI 8ry1 dinin8 ¥1 The COlk ilso It4rnkn4 TKi•lisl Poli¢y and Prnctc (k• led ty Prnfew Tony ChbNn•n, The Colle&¢'s nwjor ch•fitsble ¢tivily 1$ the duclltiLm of are ¢nmlkd within I Univ¢niry of This is Cled ¢xrt bv bw0%.114[ * ffsIdli1 ¢Ilence within a hi8hiy til8¢ leam¢Nr lim1¢y. integral to wTrllch iy ¢krni¢ And rgnal svpw)rt fr(•n College off1t¢ our Col 'l'uiorn ¥xl m¢nt(s. and ihe jkills Mnd ¢xpwiaKc5 offc¥ed th80 & varied pro8rarnrn¢ of¢xtrn-avrKuhr xtivitic We ro wowidE mdemic PLml supp{ •ll L7able thrm Mtll in their (kpAnrn¢Th#l-bscd di¢S al ihrir 1MIC w•1 pr111 by ¢xposirt8 Ikn Io is5 challen8es b¢yMd Ihe ¢]culn. In io wovidvb8 the ColleB¢ • confway IwAIAlity •Th4 wfyWin8 durin8 vac4¢ion riods. The finnrial t¢n¢fii¥ fY¥xn this ir4din8 ¥livily are 1]1$¢ io supwrt ¢he CollqF'g mAin iviiits in of ow obJ¢rtives. FJwin8 k¢)lIr g1tisf4dion by dtliverivA vilw for • 8000 qUlty 5CTVi(% a1 in¥eskner¥i in infr&nIC1Wt is (ss•11. The ww1er81d Ind m¢mLws of the Coll¢8e Ilx lMY beneficiariesofthe Colkn nbeis of w knior R[ - which togthi a¢•&mK of Ihr Univmity sl•ff •nd le4ding flBiWU in tr c(hlMnwhity In Il Nh Iwnni of the Colly. nts Ind #arrfrtyn lr¢ol[¢ in Durfwm: visiiinl •¢•thmi¢5 fr( hig1wthli irdiiuiknu. r benefKitries hve OPPLYtunity •lll ¢dwalioMI lh¢ ColleBeorwe its acad•nK knliii¢s Join us fty m¢41 Fthlhefflior¢. kner bcneficiaAo d¢m()ns¢Trle tIK Colle8c's wovisioft Of wi(kf public SdMK)ls with p•rtn¢r li) our sch) Widenin8 PIrfb¢i1lkn ()Jtwh Sclwl Vi5il l.¢Jc41 ind el#rrfiN wilh wh(wn 5tLMlp4s volurtttr ANI for whLYn niise funth; membern of ilK public who oft¢n inyitcd io aitend in L'.dkB< Iludi &trvictt tn th¢ Chpd. 4Th¢ff15 wnd Klivitie4 blIC communty outThch •NI ¢harity fSIn8 evert lil oftkr w suwx)rt frMI kn finwi411y ftwrL'¢d 11k¥TYd8 thr Colly olkrs of xhol¥Trhips burwi¢5 lo unthlgradte iid P)Stwdle udenis. AthitYe•IJ durlthi iht YtAr Tr College's •ehi¢vemerfs riTh8 y¢¥ lar8¢ly in l¢m$ of miliers.. MIllIO0% Mnd c[5 Ilwi thc iYe•thh aThl dryxh of tr and withr evil¢¢ offewl by thr Colkgz The QOlle thils s(lerts itr¥)se wl) Ihc hi8hcJl W¢nts1 Cor tntrrtinB fn¥n Eh¢ PDVi4kd by coll¢ •ThJ the Univendy. ryrdleu ofthir finwxi&L bIl, ff Iwo4M OF dhnic iw. •thnissiMs inlnke thij yar is 146 aThl 162 po¢ 51udrrt&
St ChR4fs c118t F¢rikyt4r¢&kd 30 2024 Resuhs SUMM 24 Class 1 Clays 2-.1 Clug 2..2 Clw3 56 99 87 Poslsrndwts Resukn ofcwnpkni 2024 Y¢•rof compl¥th 2023 tXxiornl¢s (PhD) 10 Is Aw•nb M•de lo 51 Cknd'i Colk%e Siudethts 2fj23 Numbcr £ Nwnber £ Au(knn•L kholar5hip5 Undewndwte Cthnmunity Burwi¢s LThLMr & Musi¢ SclMJlarxhip9 SCR A¢dunic Iklrlo aww 44.915 6250 3.952 16 27.711 14 14 9.lJ3 1.4 1.263 3.369 30 4.714 5233 (4)portiinily I WMI M1 Jo Trfl Awards 213 73.445 48.736 The Cfjlle8e's ¢hievemtnts durin8 year lwly I¢5 of Uden1 rn•tt¢ws- admission% rtsul th¢ 11h and wiikr ¢xperi¢nLY oft¢srd by th¢ L4>llE8¢ LX)mmwkity. Ctsmmuliy Llk ••d SiwJNi ([¢1 Th¢ of our aniMI YAudH 5ugW8 that tlxre ts high s8tisradi0 R¢IllY wilh the 411 of ihc Stnt exlence li Clud's CdleRe. We hi%h rnies of Lry48tsneAt 7th w¥kr ex1¢(¢ otf¢riTrfv 97% 11SfI¢d wilh ih¢ L4Jll¢¥¢'s ¢018cment io inielleaually •n(l ry¢es of ¢nga8unert ' rnusic. voluntemftg ¥¢ry hixh. 92% ihDi ijxy fdt of lI¥Ir io w)milxlily wiihin wnd 58id thai ihe ehoie4 they clxw St CTh•d's Colk8¢ Thp Coll to foLWS offt en¢(AY4ini •ll memb¢f5 la ¢¢ordin8 to ow collego in Wicuknr Ilw around equAlity. diversily. in¢lusivn ¢XLviroruDcntal 8r41 enerRY sugAiMbili¢y. W¢ ha¥e thiJ via ommunicall acmss plr(m #nd ¥14 indiKlion ongoin8 ludenhyp ttxinin& Fcedhck from ihe 3ttMkrt ¢xpeiientt wr¥¢y siiw * A70n8 5rn5c of Irug in Our Lljmmimient to cwe v4liKs . ju51ice 89%.. dIrsity 14.%. resFrti pers(m i¥lltf$- 94%: . 86%. 5cns¢ of COMMliY is %trw8w evrr. un>ss the Collegt. Ilxre is•D Ir*sIty 4b•r•J cunmlthKrt s¢i>it of VAl¥¢s aThl 10
c:14d's Collty¢ ofiht ror t 30 5rylvnb7 2024 Th¢ coll1¢ lo fvnd% Cor a of VP09ES. irKIlin8 the gY¢ar FYOViSiOn of to E¢ p•id kn15 MRY ¥1s¢ hve rUle iffonl funding of iheir 4mi%rrsity Thanks lo t 8CnEro8ity of alumni sw)pThrs h5 5i8nific4mly inurwd our cor4cily to Stwleffls fwwKiDlly. in rt(ent )an TAwndhing miKh red¢d ¢urTtni ihe ¢0sf of livin8 chmllemge F.Iviroimenll and Gotnb#Ate Tht Cdk8e to lnon1t lis illip¥t in a nridy of Y$. Ind WAS delioknd to win the Unii'tt5iiy'5 Su5tBiMbility Varsity CLnJxiition for 2023n4. Th¢ Coll¢gr wntllh5 lo ron5idtt ffi¥itDnmeffjAI ai of tis fibSInerf pm8rnNne. In Iw willi IJN Sywifbble tht C¥ovenwJ' laiffd ru5 this nrrll of ov¢r mny yrns will Ic¥d io a (irccn NIBnif¢5to. in LYwult•iion wilh wthr Si (.tr4,$ ¢winJunity. io •nd •( the fur¢fnM L)f Ill Ci?Il¢¥¢ The Collc8e is also conxious of its role lls a fabr afMI Bcthyous tThploy¢r Cio•mnors lake close of the Real l.ivin8 W1C Plndln,$ su88e#ul rnie3 01 puy. in ordu ¢nsuw Ihi ¥tlT wiihin ihe Lolle8f •ft appr(wHILly #n(1 Tewwthd i••nfiMI R¢vitw The fir111 review recers lth thfr car0110ad wp activils L)fgi CIMd'% College I.lIed (rArw) and & Cl, Lolk8¢ O'rndit41 Limikd thidiiry). ll 15 tlY owna Bnd ¢wlrolld by ih¢ L"4)Ilcgr. N¢¢ Inwme In the yvr £760,48212023: £M175) whi¢h 1$ 86% hl#¢r thin P¥1< y¥•r. Nci incun¢ is a•ted •ftcT ll(¥tyJrtin8 fty thB invB5tments 1n(k¢S} Ind in the yr thc thr mwk V•1 ofihe kn.rni Vraen1$ £201437 (2023.. £14.381). wior ye4r inc(•me 18 stsitd aft for w)rt4lisd loues (ffi ValUa1( of fixed as$ or 1263,310. POlb)wiT ry full iNkp¢ntsrf byliwlion of frr¢hold IwKI wwj b¥ildtyy on 21. 2023, 11 optrty p)rtfoliti val¥¢d t £9.275.(W. rqxeThiin8 * dtvalui(m of £2.561.456 in iht trlance v&li or Ih¢s¢ asxs. of th¢ NwJlu4lion mo¥¢ml. •molI1n lo £2298.140 rhr8>J th¢ eAi4ln8 al11 ruerve and the of£263J10 charged io unrealised losses on re1¢10 of fix thkh •bowt in¢(ffi¢ E¢fN¢ ns[en1 in lh¢ (rffinw¢l 4diviile lJThlerlyin8 incunc in lh¢ year. cxclwling thc gain1085¢4 OD sknrt-t¢tTn In1¢15 aThl r¢l4Wti rixed &ssels, was£558,iHS (2Q2J.. £057.097) r¢preS¢tIng i 15% d¢crNs¢ )r on yur. Totsl 8.3% hwh¢¥ than IIK y¢•r £3.771J16 IX123: £3,413.453) S1wk ld¢¢ ID 2024 Iws ttm•iMI ¢lose lo fwll mllY resida bills in¢ffased by •n wer¥J8¢ of 11.3% in line wilh the rntcs charxcd by lthiArgity C()mOdi0n and catering. Mainten&rbce fee Q25X.38312023.. £2.s.157)ShoWVh8 • 12.61& innr05E yor VM yrar. 'Ihi5 yt4r un[ky¥rMh vlkwj Ihe oplton of lryer lets to include the Ea5tLY W1(M rIOd •r¥J ihis ii)cTe8sed I(1¢ by £49.000. Thr & Clwd's COlk Juni(r Cmmun Rothm w#e ¢¢nwlwknl intrty the gn)up •¢¢ounts I. Awll 2024. htstori¢lly ¢¢ktity was ¥ uminuKporattd &wJcialioL lTh¢ 1¢ shtti of the J10r Common ww¢ £121.267 •nd iSe fw¥Js hNv¢ be¢n IlUdEd th¢ 4> • rv51r1dl th•t11 in )rdr. Jwior Ctynmon RLKxn &¢nmiLI woup of £130.367 for 5ix-mornlh io 3[ S¢Ounbw 21124. Prior yr ¢wme 0.off ce4¥¢ fuf the Cha1 rcfiwbisknicrt Pfoject of£12&750 a1 an amow of£62.889 fnxn Durkn Uniit'rsii) io fund a TepknCeMe bn)odhnd within tk Coll¢gL. To1 ¢1111U1 •$ l3.ph highr ihThn prbor 11 £3213271 Q023.' Q.82C3J6). Ewy ¢0 wtsr sub51114Y hir in tht year ai 1256J56 (2023., £121.924> rtprnniith8 • 210% The cviouy >yuT fixed rnie (kll fw 8•sarNI clcLtii¢ity wppliEJ ffidrd on the Seoaniw 2023 when • new 2.y¢¥ rixed contrnLI in place. si Ud's Coll¢8¢ Junior Rfy)nh 4¥p¢nditw¢ £1172r2 ror th¢ six Th¢h5 to ts J(ft Sq*¥Dber 2024.
St Ch&d'5 C4Jll of FlnorKiol StDtanen Ftrilyw¢th JO.StptsTrtr 2024 Totsl slaff Costs wt4E £1.492.44J (2023: £1,415.759) S,4% in th¢ yar. Wws rnl J•1 inuraxd by 8% horv¢r pen>iuts ¢05ts (¢1] ty 13.4% due io in the cmplo)Yws' Cl110n1 required by the Pensi xhcmeL b) BnlAAee Jhtti C4Pit•l in%'¢sliii¢rf h¥ ¢onliiffjd thrin8 yw io m•irfgih the of pmtfolio Additb¢xM in ihe wur £874.020 (2023.. £1239.192) gnd incli¢j £494.410 for new fir¢ dom xross £133.029 in re41 of ihc fi¥wl .11 fw r¢fuTbishm¢irt l.wi8ford 122 Nthh 118ilcy), £134J84 in of upgrnths lo the ¢Ittirics in M&in coll¢ and £81.395 r( ihe refurbishmth of I¢en5 Court {1.2 Norfh 14il¢y). Th¢ m•TrNity of tsJ(k de h•¥t been ¢(bll#d Mi •dvw¢¢ ofthe fir11 end k•vin8 a b&lw)ce ()rEIco83 (2023., £25.3X9). The s¢ttknicnl of Trside kLtount5 dwin8 Ihe [er lem hos mintsiMI tk low tsade thIMor balK4 ¢41n wih ihe l¥#no '111n& wxl kneirt of thr 5Urn ¢(Mf¢r¢K¢s •thl inYoiL th¢ >w4md £55.142 12023: £49,788). The cpmm yegf b•larrt nlates to exed don10 in & fomi of 8111 •MJ ¢hims or 1mlividl donati[5 pkdgal iwt not ffceiyd •t thc ye•rnd. Trade clrditor lAnCeS #rc ¢(14 muhty lo exl¢TMI SUFvli¢r yInlIS made to Wpplr5 in li wilh p•>Tr¢NI •NI after eTrwiD¥ aPprqlIfe aUth110S hv¢ obEllIn ej Irwk ¢redtior £367.S91 (2023: £155.. A¢1¥ deferrnl inuyne Ihe ye4r4ry1 wert £245.310 (2023.. £6242J6). Includc41 withi'n th rwior >Trr accnul3 balwKc of £396,778 lting to fix¢d &s%¢i •ddiiionx iti Ir4xd of LAn8ftwd I Ivu5¢,'n llwpel and 30 14allgnh 5uttt. "lThe vDst moj(Kily of w(¥yr filed ¢•JftI IM)w been in¥oiced by 5ukry)Ii¢T5. Bank In repaymus in the )r to n9.951 Q025.. £29.95lJ brin8ih8 the y¢•r IL)thA b#¢ £122.303 (202J.. É152.2J4), The casii bal81¢ kknre45¢d by Q26K,595 in thc year lo £553.773. CMIFthYrd with £2.la308 in lh¢ prvvi(wJ yt4r. Diiring ihe wior )rw Cullw r11 1 £2.IMX),(rtKI Iw $ Ind this baLJnce Mo$j io short icrm InVe4nKl 11) Janwry 2024. lovement in th Colk8¢ 11&1 IMS contimd dllrinB the fminci•l yt•r with fixed •&liliony Of74.020 (2023: £1239,192). 'The 1•1¢ held •$ Jh¢yrt-temi InveAlmcnts li ihe ytarrfnd £3,228214 Q033.. {1.025.777J. Whilst th¢ inve&thnts are clwifxd as sh.1 io th¢ ¢S57bk nrture of the the inniion is hold thE invi¥tmefflts • k)nB Itmix bosis io Wbde i ryiulfir 5tr¢ani kn funding bwMri¢s •Thl other r¢siricivJ Ind Ik5TrgnaW fund ¢xFndifure. IksigMi¢d cash of £2.IW,000 were inv¢4ed MJ CIJF of frgknnd Inveslm¢M in ihe yeai. Rcdtidcd invtsth?ers am(¥tIng to £X39J55 w¢rr 5wjlrl>ed frthn COIF L'hwiii¢5 F.thi1 PurMI io ihr Llll-. Lhw¢h of Ln81¥Thl Fund. Guins ori tho rovalu10 of investmenls for ihe >r•r wcrr UOI137 {2Q23.. £14, JW. yeNr end. Q927.177 hcld in LHF Church of r.ngloThJ Ini'eslm¢ni fwid, £251.9&) M5 kld Kn the LX)Ilv Ckniies Ethiol Inbrsknerf FUNJ llnce of£47.077 held wiihw) the .'litslxth Griffjths Ilurwy Tnj Over•ll a$9e4s iirewd to £1 s. Iiri556 1202J., £14.422,Q74J. Ih¢ome T81 irKryne IrKd by 1.3%10 £3.771J16 with £3.413.453 in tho )vr. (kn knKome xiivity of l(ti&l &¢¢l¥nM10n sknw¢d In I1¢•se of 12.6% ihe &Mv¥iws . iKMsin8 io Q238J83 {2023.. a003.8$7). The ihree years a hh dcm&ThJ r¢5id¢rtwl •¢¢ummIts wiihin Ihe Lolle$c arwj very fcw empty in residential in¢(¢ year ye41 is mainly d¢ to the prxe 1C4St5 in whKh brwlly ft)Ilow ihe ft84deniial ocCuY rtC5 by IhAM Iliiiversiiy. frt apwoxtinately 8.5% of the 12.6% uplift in income in area. Addilion•l mMirfeMn¢e of £49.IXXI re S¢Tated by offc¥irkg low Ibjs ts) wMkryidwales lo inclu(k ihc Fastrr vwcalion wio(L The thmers, E4t¢ xh¢me. whith vlYu¢d n rnl¢ dixouni of AlerA to y. Jrf 4NJ 4. y1 iind¢T¥rwluW¢ Stthts rwniwa eollege accOrnmlI1 ran¢)fvJ Ihis yew. The octhis me IB 2023 £23.1. The Colk8e frf nYei)rd from Univcrsily, wjs £525.168 ID (2023: £S23,193I Tr Collcgc Fe¢ rnl¢ is •dje e¥h by DuTlmm Unive¥siiy and thij Me ¢W is IM¢ted frthn Ihe I. yar. line wilh the finn11 yew for LhJth•rn Ilniv¢T¥ily. iht fe¢ ID plac¢ ff(*n ihe l• 2023 £517J70 12
Clkgd's Coll
ft¢p ofihr (iotivryjrn FI101
yrw ethkd 30 Sqxunlxv 2Q4
aThl ihis 10 £564,1 58 fm I" 2024. In the wi(K yew an •¢J(liibl •rnounl of £11.I75 al
reritrrd in th¢ yr I1¢d io numlxY& Thi5 I'ff rrl]crts a new iwmach mrtl>¢rflvlryy tkni
ovides • t11 and tran4 Miy of r¢coBnisiThA eois of ihdwndeni ¢oll¢p within the Univ¢nity
slrn'¢ur¢. It pr1 eo#$ of prvvidin8 wid¢f yudrni
In the prior )rttr Durtmm Ilniwrsily ryovided funding of 2.499. disc1¢ed wiihln rthy IOme in wle 4, for
(he replawnL¥)l of tlK brothnd wOrk within the Colle¥¢, The I11t expEndi¢vrr iMwTr41 by I College Is
in¢lwl¢d wiihin wemixs¢o4&
In¢(The frum edlOrI £.1)40 {2023.. £42,MlJ. ch,1 co1 ca1n¢S lo hosl
t{101 6Ymf¢rtyK¢s for Durham Unitrusii>' rMI ihis w&$ £26.85¥ {2023: £40.158). Addilbonal new
kninc4s tr•j in 221 frum • sori hDklin8 1 confernct M Si Ch1.¥ Colkp.
This yeer St Chd' College (fr1) Lnited mwk a ncl profil of £61.551 (2023.. £50,903). SRles tumov¢r
8eKt¥t¢d the E45t¢r •nd Swninei Y10n £303,1 $1 (2023: £342,486). 'fh¢ colle Ixwcd 24 WLuklin
4thuinR the futhri•l yY4r ¢ndul kOrynb¢r 21r24 w4p4red wilh 24 in 2023. I(ne wethlin85 in 2fJ24
£126.362 {202J.' £112.5231. wt
Si Clxd's Coll¢¥e ofih¢ Tr-Thial ihe )Yw¢r¥kyJ SO 20Z4 t undet ¢rI. Ih C.oll¢8e14s er%ernl i0 i fwther fixd for the 2.pr periL4J axkd 5crn¢mbtr 2027. ertr8y CL is ¢xpcctsd fill 10 £2(1.0 1sed on the r•ws a8raMI WMI ¥iurqbt ¢ipnNimFMI tt1 r(P515 in th¢ )Tar wu¢ 1182.165 (2023.. £201.237). Inlrnxd n)sts incurred in ytw foi tkarical ssekweni sur¥ty¥ INI Lss(Kin¢ttl m•mlenDnce FVi(Y yur i1k E62.199 its th¢ within Ihe Colk8 y)r JMuni5¢5cosb wat * hioric VAT cttdit nxti7•%d in the yoar of £54,374, Stwjrni ¢O#s hrr4se41 in the y¢•r by 122% 10 £447.597 (21Y23: £39&821) The hms ttwiAte41 its level #8ff¢m¢nt with UnIlIY f¢w Cffiiwiin8 & Inf0Mort Ser¥i¢w wilh i n¢w 18rEvnent imo effed from ihe l Augu 2023 4 DnRLwI c¢bA in 2024 of £38,61X) {2023: £21 J29). This follows a COm1ve review of ihe ¢quipm¢k)¢ and s¢ry1 by & Ch•d'8 CdkBE ts ¢nsure ihe a)rrtd pr0vij1 is in pl¢ in this crilul of support. F.XFMywJiiur¢ on lr$hI •nd irw4w¢ lo £57,187 (J)23.' 42.6141. (xhN exFw¥Jllu Io usi ud¢nls fwKkd by (kNMlionJ i$c io Ql.931 {2023.. E6.122) ThJ inclth s(hool visit& p)'menW mul Ixmsuriw opprK¢unily pymEnis in lh¢ y(i. The Si a#d's Colk8¢ knk¥ cRMOn Rooffl ¢%pwliluY¢ elndl1uff tn the is £1172T212023: nill The JCR 11KPOr&d into tht 8n)up fr(m I" AFYII 2024. (f¢ogs S.4% hitsr ihthn IIK prior yrnr al £1.492.443 (2023.. 11.41J.759). The efflployu pensiuis cOs thcrtased by £26245 as ¢mploytr ¢onirltIOn fate fw il Ilni•trsiis Supualrnati Schune (USS) motrtd fTtwn 21.ffh to 14.5% in J¥bWry 2024. The University Ptnsion Schcme (DUPS) (mi)loJtr con1riblth Me moved frmi 24% 10 l5.J% in Augu 2023. The irr¢ses in JIM 2024 for vur #•(f¢mploy¢d •1 th¢ ¢urreni rnl living wi$ 10.1% {2023.. 10. 1%) th¢ av¢rngc lse inc¥c45c for ranainder ofstsff w 2.4S% Au8u 2024 (2023.. 4.Th). Py •dJU1S am(wJnlin¥ lo Incr of £18.12) We ilx) madv In Augu512024 fDlloMing a full review ofaaff rdcs & rwsibilities. Comi¢111 tradi vrni1% ircwrtd ¢o%ls ihis yur of £ll)0.6W (202J: r285,583) rrpTfswing th 5.J% IncrtAse in costs The man•8emenl ttch•r8¢ from Chad's Colky to Si ClTr•d's Colleg¢ ITT4diry81 l.imitsd the buL of the expNlilw And iti 2024 Ihli Q38J27 (2023.. £233.01). Supporl £LKsts iUed IN the year rIe £113,170 {2023.. £128,677). Fyior year ¢4)sls h8her the of¢$siol ftts in¢unvJ in of th¢ lnd & buildiny ttvalualion in 2023. The Colk8e co1nL kn) work hrd to Ukwre the delivLYy of4n ex¢¢llu4 and ¢%perieK¢ ih ¢xcrfds Il* of our Ind ¢[mu(la$ 14
Lhd's Colle8¢ Rqui oCih¢CMThYnirs1Th1 FI[wl Suiffli¢s l.'or iht y¢r 30 2024 ResErvu I'oliry Re1¢d L 2d 'f•ial £ I4 24 4.510.729 IIJOXi21 14.J22 7,520,745 459.474 06,751 (072.W21 (gLJ52 12.037.474 3.711.917 121,4J9 1671P)21 1913521 1,192,4f4 47.36f> tsKr¢ni asyds Nei Asg111 •werdr•fi Thr Colk8e wnliiws io fuThl its ¢¥pl1 rtfiwbishmcmi prDi¢d fr ny•ibbk serVe Pliiincd c¥Jilil ¢xpenditure our buildin85 0r ihe nexi 5-10 yews is exw¢d ¢0 b¢ in Ik rtyion 4)f L3.9 rnillion. Thjs will b¢ fimded Crom ill•bI¢ frry Iwine$5 wIu%¢5 WHI mld1lion nk 1frequi Chd's 1> fiMun¢ ts h0 Signif1 of£15,1¥2.556. but Orth are invested in buildin8$ lh kr¢ used ryimiry wrpne¥. In Ihe likelY ¢wit ufik w¢d its ¢los¢ Colkge, Ihe5e wuld d¢tKnding on m•Tkci ¢j1¢1& ¢iUxT ld or u5¢>J cfjllrnl for wIn8 fcilil io Cund an orderly W1nd.p. W¢ will always wi51) our nd as1¢1% io Ix 8r¢r thn likoly ¢051¥ of windÉng 4 thi¢h wt ¢wrMY ¢stlm •$ uoo.IXXI. The Gownor% •1so wish w511rt ihc Lollcgv h•5 wITKicrt liquid rc5¢rvcs aThl access io fM)anK in Irder th (ope with 1 s1 ceslIe OC main kr¢onie llow$ (priinarily re$iderKy iOme wid ¢unmv¢i•l irnMi¢k providin8 5uffi¢i¢nl lim¢ to to 5¢11 a39cts Io its OFmi¥)ns Can £tin. Ih C.olleee will Seek its in plxc 1 any Iwne 5uffici¢ni liq11 (i.e.. untt51n¢ted ¢a5h wrrided iDv¢sn¢n151 unutiiixd tA)MwI &cililics lix.. wted Overdra (x undrnwn 104ns) w ¢o¥¢r thr¢¢ io fsmw {&pproximThiely ort i(ademic terni> orn0ml exwMliluYe. Al Il Lwff¢ni lim4 thls 7hx>uld iThlic&e the taryet IE be wlaiknbk of £737.000 10 £983.IMXL lld ly liwmd #Thl a11¥bI¢ IrDwIng f4ciliti¢& At th¢ yr Lyxi thc kvel of •nd ¥¢111 he141 w•% £4.59.473 12023,. £872.J78) and the uniiiilised M)WIng &cilttbes bailibl¢ £].(.11 {202J: £l.m).(1l in thr of facility. Th¢ iosal li<wid assets and T111st Ix)m)win8 ai ihe y¢ end was £1.4W.4731202J.. 11.872,378). which li in exreu of the Iw. GoYL¥nors miew le15 iwiKss foreusls aod ty170 on • l•is. Th¢ r¢r¥ li will sthiecl Io • s0mor review aMu•lly. with next review ii¥t J¢ 2025, IIK n¢1P1 soiir¢¢s of fwKlin8 fw yr lo 30 SqAemiYr 2024 maither1ce ftts and Colie8e Feo frryii t)uttwn Ilnivr¢Ji¢y. well genen• tlwou8h ¢iMmw¢i41 tr•Ji8 •Eliviti¢K #knini ¢M)n5 9rHI gTrift5 and ltrd rcscaffh ?c¢ivily. ID•"¢ilmeA¢ policy r[OrMance 11)e Gth'(Ytrs Imvc lo inv¢A moni¢s A5 tsy Ye rrt. The iivt5trtscrfX Wt ld in ¢1 foffli of fixed irtcresf common liltrtgth)e fiTh14 •nd thiii tw%ts. Ih the £3.2282141202J.. £1.025.7771 inveAed i this thn¢t is wnsi&r¢d &quAI¢. h) Th¢ ¢Thl(¥ th t1 value of the IlIdin115 is tqtsivlltni io thè fixure di.W in the accounts. A fomial valuiiion ofih¢ lthl arml Iwildirws wos c?rri¢d 21 1¢mbrI 2023 #nd IIK i¢wunis Iw bm upth*ed in lin¢ wilh il% Valu10. 15
Si Chad'sColleg¢ A9 oCth¢ FinorKi•l 2(Q4 Dis¢kTe •lifonNatwJ to #uditor Th¢ (pobynxvs who kld offilx •t Ik d•1¢ of Ik •pWot of Ihl$ Rep ¢onfimi ¢h•L far s eAth is is no ludii inf(mi1 oCwhKh the Colkge's It1¥ is wwir¢; ¢arh hw5 tsk¢st 411 ik hc or 5h¢ ou8h io lakth •5 1 (iovrynor io mke himself or herxlf of•ny rtI¢V I111 infirnibon e¥l•blith ihi C4111¢4¢'1 •udili)r is hware of t inf(10. Aty411tor CLA Evelyn PthnN¥ l.hTrl h•w 1ndiot iheir will1ryS in oifiee •s •IltorS and • rr501utilln cwwnin8 their will be it 4 ljov¢ThKJrJ' me<luvJ. By orthr of Colk8e Gtsy Tht R¢Yd Fr M*rk WOlru Cholr of 11 Norfh Iliil¢y tl&M DHI 3RH I V De<ttnkn J)24 16
Si Cld.5 Colle8¢ R¢pMofithe Flrw'd s¢Ms For y¢4r ¢rKkd 30 ScFknl¥¥ 2(Q4 Slalement of the C?ov¢rnor¥' respon5ibililie5 An reqpect of th¢ Governon. Annual Report Financial .S111li'mL'nls The (who 41SD dircrtLY5 of & Chwl'8 Coll¢8e for the of liw) M¥Kmible for prying thr Cwvcrnarf AwMl an(1 the fimrKiAI #thitmethts wilh am>liAble14w Uniie41 Ki¢wdL•# Accouniiw &•nd8rds (Unit1 Ki[b8dn (thmlly ALwAr•J A4wlrtl PrnG¢I). Comwiy hw 1r¢S so¥enkYs 1¢> mrc flllWI¢IAI cxh fiwnci•l yer whi¢h Bjhy * in irwj fair of the i>f •ifiin of ihe ehritwbk cThnpny afid the gny> of ihe i(1n8 r41 ppli(lith of indud1 expertd1rt Dfihe charilib)e gTWP for tha wx)d. In ry¢Piiri thex fl 8o¥¥Mrs A¥¢ 1>A th: t¢l¢¢t witthle FKilicies Ind itr¢n apply them con81AlY. Obs¢ the Ind #4?1¢$ in th¢ Chriie5 SORP: m•k¢iudw¢n15 real0b ortd prth, ipplk•bk UK Are1n8 StsndDffds hv¢ been hllowe¢ lo any mt¢ri•l d¢Fwrlwc5 di%14>%d •nd ¢%pkninEd in the fiJvdncil JfamS. •tsd t fin111 ihe 8oin8 l>•sis unl¢95 it is in•rvwil¢ ITh thBi th¢ chrtlAbk LThbwny will tIno in Iwin¢ The wible for ke•)iry P4xr xwunIi (¢rc¥th ihi disr1 wuh It•ble timc f1&1 5•11 ofihe chwitsbk ¢omwy wJ¥l Uble thii io ¢Nitye ih¥i ihe fiMTrcilll st£(ntS Comply wilh clP]eS Act 20[. TTro are alw rt4x)n$ibl¢ for sof¢¥irding the gssets of ¢hrithNe the group and for feasonhN¢ SI¢ r(r ihe pY¢vU1Cth ind dLldiM ol fra1 and h¢1 iryuknriti In so far as I 8ow¢mm ¥rtwwr." thtrn is no rekv• •¥tht inforni•tiDn ofwhich Ihe d¥riMbk Lyjmws I119r 1% unwwt; lh¢ hv¢ tk¢n all 51qiy th•i thry OLBhi tsken 10 tlKm5¢1ves wMt of any vrt •udil infonntb And to e&•blish lh the auditor is•wur of tltyt infvmiati 8ovMiiors wibk for the Main•¢¢ iwiiy of Ihp ¢wp(Y ind finllncial infamilion in¢1 vn the thariiable comF•ny's wrbsite. l.e¥isl•tion ID Uniiryj Kin1 go¥nIn8 the •nd disxmiii¥ion of fi•an¢ial stht•Jwts m&y dift¢r ft(¥M bn jurixli¢¢ioM.
Si Ckmd's C4)Ilcgr
Rey of Tr-wrK411
)O.&pknTrbt• 2024
Inde¢11 Awlilw'¥ H¢pTrrt to ih¢ Memberj of Cw's Colklt
We ha%t udid sthitmerty ofst Llwd's Lollryt (the'lA thwitable c¢thrny') irs gubstth•r
(the 'group) foT lh¢ ¢fid JO S¢Omiber 2024 which t<pIlse ihe Slatema uf TriAklKiAI
A¢livitiA Ihe C.
Clwj'y L.olle8e
R¢wl
For ilt yc¥ JO 21124
OplnloHJ 011 he1 fft•N¢n pmcrlbtrfty ile Cownles Aci 2000
In Nr Opini bAd uhtsik¢n courx oCth¢ iudil:
tht givcm in of ihe Cin¢rnors whlch wport prry4d for thc
purpx5cJ of ¢(thnY law. fw Ihe finincill ye4r which ¢tr¢ 5thtements •rv wer411$
$irnI wilh the fiMn¢ial stsicmw Ind
lh¢ dirwlLWS' in¢lwkd within tht of the Oov¢mrKs IA% be
81 Cl¥MI'% Coll¢8¢ For il yurathj Xl s41202 Our audit in r¢I•ll lo inrBul4rities iKIL¥liry fr•wl •ThJ &nxtyKes of NjnplI1n¢e lwJ tyJ m•kin8 iTHpifi¢5 ofthc (XJVrr m4nwent as to ¥¥tre Ily cry1¢r tkn to be a iuKyxillty to fraud and wknher ¢hey have •ny knv4ed8e or of Obthinin¥ an undeNWln8 of inteNwl coMro15 ¢5t4blithrd io miii8th ibsks to fr1 plwnce with tawsnd Ul1$, R¢vi¢wiw4 minii¢s ofdxxT¢ ¥hrg¢d wilh AsJHsin8 th¢ risk of ovwrith of contrDl4 I&118 Idethi"ng ind it]n$ hi jowml (m11n1119 ¢¢n1Inn•ti from th¢ bnk¥ Ind in¥e1m¢ JO 2024; ChaIlryi8 assumpliorLi rd jii(4•n¢nts mk by in their Si1ran1 4ccounti e51imc& pnrKiwdlly ihe vjlLw¢ion. thc wthrcnt limil&tions of an is a risk Ihai will All Irre¥ulriiie& iludITI8 iho l¢•dins io a miierial Misl¢M¢ In fimnfj•l rtaiemeN5 or non<0mpli8C with Ttgulalion. This risk increayE3 the tha¢ c{p]i wilh A law or rtBLiliiion iy fvxn e¥cnts" Imd relk¢led in iP rin4Mial $lai¢merd& AS will b¢ kss lik¢ty to &ware of non-complinTKC. Ik rith is ely) grf8ter 81rdin8 inrgularitie3 dw to th&Th ¢xrrx, as a f¥8ud i¢UOrti(¥wl foryery. cullw10 nISo or miYEwes¢nlilion. fwther d¢xTiption of klaud.i0f1i. ibilili¢5 LMJjl<J. . Thi&dCx.0n fonny of ow &IllLY's repc FR wthi Vye •f ••r r¢port Thts x¢wt is mbde yokly to the ¢lwitsble cunwy's rnem1x u * boty, in wilh CK•p(¢r 3 of P4rf 16 of tl Cmini Ac¢ 2(KtO. Ixem uNlutsken 50 we migm io chatitabk ¢wiwy'3 mcmbLY5 matt#r3 we reqIred to qthte io th ill Audil(K'% An(1 for no dher puwse. 'fo ihe fullc oxienl p¢m1v{ by knw. do wl IKc¢iA respmsibilily to thr thttn the tharitsbk and romr4rty'J A bLy our rtwt. or for 4)ini(¥ty h#ve k)mKd Cwe Cri% Hfndrr5Dth IStn6Trr.Sll*lrY Atsilliorl For IlrhAICvf CLA L•'dyn V•r¢n¢r3 14imlttd 17 Qhiten.% lanL N¢wrutk uwi.fy NF.13RN Ib beLLwW l)Iii 20
Chd's C'olk8e A¢ ofihe (Altffm ar¥1 I".uwityl For Ih¢y¢¥¢d¢1f JO s¢1¥r 21J24 Consvlidali.d stateiiient of finaneiAI aclivilie.$ (incorporaliii£ incom¢ aiid expendiliire account) frjr iheyrfjr ud.lQ.trNfTrihcr2024 IlvNlrltlt Il•reYlt Rt•lrfrted TDithI 1024 1&736 163 )1 34K7YI Jy 1.91L IJ lJ•J67 JJSSM? 417210 J6&151 JJ21JbU riJi J.IlJ.4JJ pt•dll• 11?. 117.12•1 IJM4 IU94.7511 0)$1 T•thl np¢••r¥ 179J15 IIUTr2} lJJlJJ711 i IiJfj• IJ9 •3AJ• 14Jll i• 71JJ2 .945> •.•38 Im7 J97J4 I.1?j (23K140 J97W ol•J,7Jl oi. •39.1?7 16J15 7211116 6J61 lJJ9JJl iJ,lii.US All of resulLq derived kMtimitn8 •CtivitM Tr 8roup kn no IttOld ¢tlf Thr p•p 25 to 43 frym W oftknc fU¥n¢1 stata 21
Si Cld.$ Colle8t JO ¢btr 2024 Con%olld#lcd Ilalance slieet ¢ JOJepkinkr 20?4 Flxed 15 11.1I37J74 I l.YJQ949 IW7,474 I Ij.949 17 18 20.( I39 5_SJ.773 JJ28314 &653 132J12 IZ22J6K 1.025.777 I)e(0 Cayh * IxAk xl sn I Ip J.910.426 1672,991 3.V7th10 I834.1) l¥el t#rnl J,L178J4 J.153.428 T•lal ¢•rrt•t ¥blllt6 I4j?7 C."red•r& f411iwikn Jc¥ 21 19U52 Iiwoj) 1&18L& 14,421074 Gr•wp Kestrl¢d 12J9.15 6,661,072 939.IT7 SCII.16J IlJ.732 14.421¢174 fm•rKiil wrye appmvul by tl (iovunornoD itr (mber 2024 •nd si8rnd trrtir by: Tbe R¢vd Fr Mrk Wotylrwir 'halrofGovtrJw5 R¢81¢1¥ nwnlv. IM>II)9442
Si Chad's Coll¢8t Rqm ofih¢ Fuw¢thl SwLberts 30 Se•J¥ilw 2024 Charity BAIAnce Sheet 4rl.lQ.SeweiNher 2t124 2•24 Fl%ed sJte% TJD8ibl¢ ij io 1217.819 11.379.224 I270 I lJ79225 17 18 6.653 3SJ,492 2.413,972 l.Q25.n7 119.1 rt4¢nn Inli11tlI JJ2&214 3JLS9 1611J7J) 4.0&9.894 1961,M5) el ¢urreMt 184 3.101249 T•tl aMtl• t•vr¢•i Il•hllid iS21US6 14.417.474 112UOJ) 14J6%171 CrnP fu¥NI It¢%lriLic¢l 939.177 SIP4.165 6.826,829 661 7.219.174 I&IWl04 14,J65.171 A syrate %taiLxnth4 thr F$MlI1 ALiivilies fur the C.h•rity an individwl U4ity is not w¢¥¢t Qlthrity hs of eX¢)irtin offcred by Sedion 41)8 C.hwilies A¢t 2CI)6. TheK fmineijl wu¢ by tl Go¥Yrnorg on IV D¢Mber 2024 •nd Si8j OA W4lf by: Tht R'd fr r Mark Woodruir C"huir R¢8iX¢rt¥J nwhber. fy)109442 The ncl¢s $¢9 25 to 43 (mn o(thrs¢ I}r¥u1
81 Chd's College ofih¢ ¢¢9 JO 21114 Consolidxlcd 5t¥temenl of c#sh flows for ihtyertr t11J(l.$ePIe4lh¢r 2024 2023 Iltyws lyw Adlvlilt 6J5J76 3.1. Awiiiitonofi8tyii fiA•J 1874A1201 12JIJ9J551 11.239.192) (W75 offixrd DWts Proc•>Js from th41 of st•m1 8YJJSS 11 JO%76n 'l•Mrlry #til110 129.9311 129.9511 IU4U951 C45h * IIK >w 2J22JOI I.ty)1207 CJh filh i•wlvth4Th •1 iheMd •fib• >wr .77) Cxsh nows from op¢railnR #¢15vltles 21114 2023 071.415 {14,3811 232J¥6 227,44J5 1119471 1{973 ITtY1)ea¢aX in 0& 1gh.(W7 ¢•bh I14 f¥Km (w•dr• 1vIl5 3.156.179 A•lysLi ofClJnitJ l Nei De Lashnow ()IhtY 30 knPttMr 2014 2112J CAth 2.122JOI (226U951 SS3,773 {29.951 29,9Jl (29.951) 129.951) 1121JO3) 29.951 19LJ521 2XI,114 1123&0441 d)1,470 Th¢ notu OTr P*8os 25 43 form part fiMrKiil
Si Clt&d'y Coll¢Bt
R¢EKrft ofihe G)¥¢n6•t liiwKiol
30 2024
Af¢ounllNg polltl¢
The fm•xiil 5t•l•nats br pred wilh A¢ntIng RePin$ by Chwu'. ¢4•¥ynenl
of RLLYnmo#dcd Plitt •Fvliuble lo thwilie5 Pr¢[18 ikir with ihr FinwKi•l
R¢p)rtiDg' Stand&rd Y4p1(able in the UK a1 RiC of IrtlaThl IFRS102) (¢ife¢tivc l 2019) . (ChwAieJ
SORP (FRS102)X and Ilx Conpnies 21Th.
FRS 102 ft4uirLts I1. if •ppropriale. Ihe group's r¢ rnred on thr going bisi
whith mr4ns t11 IIK 15 8Ne lo owlle f(K ihe fafLYLYable on bftsi$ vf knM)wn •nd reo$4r¥ble
Oi¢X f¢SOiLYce& The Ire Th) rnaiuill unK%rtinEie5 in rrsprrt of grnip'5 abilrty to cortinuc 8oing
¢(¥K¢TrL The G(wcnKK5 rnview and a ththiled 5-ytw for the Cjrywp iii •dv4n¢¢ o( ¢Kh
rinrniHI yar. The is a ¥wnificoni ftKUS rn firtwr shoS Jnd IiqLUdY •5 tn of ihc Ix1 review.
quartCTly maiiagemull accouJs c104ely moiiitfftd. Wbd thes¢ i1(1¢
Si Chd's CoU¢8C
Rry1 ofik Fw¥•rKiAI S4¥x
Si Chd's Coll JO Notej (conilnued) IlwkJlnu•F¢lfjl l•i.¥lryppeiJts Tr•dc ¥¥1 d¢lors inilialty al IINiyaclion pritc less 1t1riAabIe INTh11n co8t& Tr&th and hcr ar¢ rewgnis¢d iniiinlly at irnn5•ciion pric¢ pl trib[ABbIe th11bl)0tb C4JM to iniii•l rLyffjgniLIrf tlw are mc4SUfcd at wn(K¢iJe41 usiii8 the efftttive ifflerL81 inethLrf kss kny lin1neI ILL4Sts in the ¢ayt trf lrnde If ihe llmingunenl c4Jn5liiutCs * fin8 In11 if pllymry ix defrrffd bey1 rrnl IwirS Ihtss it is nw•surtd li 1 vAlu¢ of fulw¢ PYMen dix4Thrftt1 • mrtrkrt r•le ofinslnmiert (or a simil•r instnrna ltheiY.fi-bedrlnR borMwlnRJ Clomljled l¥tslrJ7nthvld InJlmo Intrwc51.be4rinB b(Thin8s &rc nro8nised inilially the vahr or ruture pAymubt5 disCbled i morkd t•le of int¢reJt. SubwwerA ¢0 inilial reco8nili Inlerul.t1l)o1v0Wlfi8 irt ted al Mnwtised win¥ Ihe CIT1 inkr¢st m¢thd. IB55 •ny impirnKnt C¢vh4nd¢rtJh eq¥i¥derts C85h and cash cquivl¢rtS C(Mnwist cth bala5 and call depThsils. Ilank obYfdr8fts art p8bIe damwwl and fomi an inkgrnl WAn of ¢hriithl¢ uYnpny'5 osh miMgryn¢Tht a ¢mponN# uf tqwivllle4 fof the PWFN)s0 only o(Ihe llow slanenL hfrjlwnckl Injlrnments (Xh¢r fir¥TKinl in5lrumu3 ncl dcfinilion of BAsi¢ Financirdl Instrvmejjis are rtCO8nised in111lY at Ci I. &kneque4M io iniiial 01(10n finaKiil instiiimtrfs m¢thswTd •1 f•ir vluc wrfh ¢Ie$ ¢otsmiJryl in of I'iThirKiil Adivilics ¢xcepl its¥rJthic'rt5 in iTrslruments ihlli pl)licly and fair vttlu¢ unrw)i mwumj reliably shall be me&wr•J e4)A1¢ss impimbeni. Tanwbk fixed L8stL8 are %thted ai i)t valua11 {fre¥k>kl •NI lIdin) in¢lydiiw IlY irtid¢nthl of #CqUiSiliiML Addillth arr cupi115¢d 8Trat¢r thin wlivrnii Irv¢l of for any indii'idwl iiwi or £500 Cor •ny c(Jmpul¢r ¢quipm¢nl i¢cm& th'¥ptNl$ includyd when 411 1011 oblip¢iLW be¢n m¢L Lost in¢lth dirc£tly altn'buthblc c05t Fre¢hold larwj and buildin85 are held al Yalualiory and il 15 ihe rffjliry of ihE College to ihiTdrfMrty vAlwt 3.5 ythn. In ik wFxYe no Ihisd.Fwty v411 is IA#ineAI, tlK dsn¢im will in to detmino that therr are Thi ¢1111 dwig in th¢ valu&tio Frcthold land held 8 an is dePtal¢d. Frtththld pr(wiy t$ dtpr#I•ll the b•xi$ ih * i end of ils u5¢ful ¢¢onorni¢ lif¢ ihc TfSidu•l v&lu¢ of frr¢hold will Ix ¢qual io or the valup. DeFlution 15 FTrvid¢d rn all tUb¥ibk fixd tE3 at r•t¢s c•kulBkd kn 11¢ Oftt cost Qf Yu10Th, lejs eslin)ed resid1 o¥u iheir plim•d u%eful eLIXK¥nic li$ as followy.. ver p¢r¥gd of lewe rixlwcs and fillings 5-20 years Cornpultr cqui1¥7KI 3-5 y¢•rJ The TnNees calder necd ]mltrI or asgcts on nAulll bAsi& No d11110n il frMP#>ld buiidtry ts vl¥nthJ ¥¢sith•l nlu¢ IK wal, (3ain5 on r¢¥lll4Xli are re¢o8nised faL% of tix Stswn¢ot of Activ31ies tsef& 4rrivin8 JI movcnienl in fuThls in re1tI L(5¢5 4ri3in8 on •r¢ f•r¢ of the Ststan¢1 of FIN•&1 A¢tiviii¢5 Wrivi li nel m'¢m¢ in funds io of wty ptevbtiusly wiq¢d IDcffj*e #CwnUlrAl in eguiy, In of thii i5s¢1. Any is osni5¢d in ¢X1E. 27
Si ChKI'$ folleb
Notes fconilnued)
lJwpolnNeni Lrcludlipx Jlnrls. I5111PrnPeIe1 oMdl¢rrerfiLY osjets
A not trI¢d at flir v4lw thro5 ihe tern¢ni ofF1Mli1 Aettvilies IS li ¢D¢h IirKx1iwd
dD to (kienniK thh¢r Ihere iy objedivo Lnfithnce Ihw il ts impNird A fiMn¢i#l •sxl i¥ impir•l if d)jtdiS
¢vl¢k.rKt indics loss cvcnt 145 W¢4wr¢d aftcy the initial Ihe &sseL 8nd thc h•d
• wiiTrr cffed on the estimL¢d llo¥ assd can )MIl r¢li¥bly.
An impJirm¢ni l(w in rtiFttI of& fin11 Issel al ort15 15 cakulal difftyence
its amwrt and prwni IA1 of the estimakd rule cath I103 discourrtoj at the Nssrf'x 18111
eftedi¥e t. For finwKiil m¢wd Ji c1¢5$ impainnehi •n impdirnieni is LYkulRkd ihE
dilTercrK¢ Ixtwr¢n rwryin8 •rnl ik btsl ¢Inle of the rnount tlM¢ dMrilibl¢ ¢(thr4ny wthikl
receive r(Y ¢he #std if li to be 1 &t oL¢. Iniry¢ ihe WiPliTtd sJtt contin lo be
recwi5d thnwgh thr unwIThli of discoLml, Impimnl loues are ¥tCO8nixd in t S¢aiem¢nl of Firm11
A¢titrriii¢s. wh • evenl thc of imp&irnK¢ IEk%s Iv de
Si Llwd'5 Coll 30 2024 Nolu (coniinuedj The d¥¢(tO corith Eh Il AlwJiion of Iwildings io Jlts1 in ih accoun1& Freehokl WHI kulding5 afc Lyffitd on Ihe b•knN¢ 41 fitr Trilue. The dirti1thtses ri(Kl•cally ¢n8•ge wilh exn¥l v•lLMiMxb 4willli5fs to cnwre valU10n9 usrd up io dAfr and in c ¢$$d nillrkd (rtorS m8y indice n)L¥ll1 in ¥•lL Tr dirtttortruts h&vt t%timi1 IhE ¢ur[l ma¢t val, Ixi a Ihinl rty v4lw•iion rqxrt whith uses ¢(hTrbk ¢wi(k4e wtthirt rentsl •co¥nModi s¢f41r. The comwablt e¥xkn¢e itsed is ihe typic41 niarkrf rental ironb¢ by room, the swcIad (XWS Ind ihe tyPi¢41 yicl(& Th¢ valuAlion aKwniWi is lh will xll for tl me •ThnI ¥ i"¢{11b1C-. DoDilons Iwd Rmtrkfnl 2Q24 2024 2Q14 2024 202J 111.7 16S.101 128.750 RoryD 111367 111307 1%7Jb Jmi 141,7J7 294,354 Vttvstrirfed U•rtrti?¢trd (4ePJrrThl tknknr•At¥d ds 1024 Re#iriri T1 1014 21124 21)24 2023 ioijoi 74J97 IDIWI 74J97 l¢ome frvjm ¢¢ltyr4ilvn•l •cilvltks lJrtMrfrt•d Il¢¥lrlr¢¢ Fil 2024 1014 2355J¥J 2.ZSYJBJ (".ol Confutr 523.193 42.tfjl 64,ts16 2J Ihh(¥ 7S325 132 J45 67.1122 Jwik¥ Oth¢r 67.012 L92L911 2JJ8 13(lJ67 L7nxi16 F(ff Xl Sqtylw 2023 L703A15J 2921J 39.75 17nl6 No wtre TtMvthl hb 2024 (2023.. U9.7JoI yar, & Lhl"s Coll¢4¢ htt ofLlQ(wX rrpm PfJW¢T ts (Iw. [5.1 fmm Ik Tyw & Ww F4)rthwberI4 (4.750 fr0Th 14wo T¢..1C rtiid¢d Arr xkmi¢ ¢#$ in 2QlJ.
St CP•d's f4)Ile8e R¢ of th¢ P1111 30 Se&bty 2024 Notes (conllnued) Lmmtrklttl knirltiod I'ol•l 21114 Tot 2023 1024 SIS1 J42.416 Ftyik y¢¥erokd 30 0lrI023 342.486 J42.416 V•reirirtr ReIkted Tot•1 202J 20 21124 2024 17.920 17.92• IQ768 17.920 17.91• F(v 30 2Q3 10,768 10. LImr*Il(ld R¢¥irkie41 dg 21)24 2024 2D24 sjs) For 30 S¢ptinbtr 202J 215J13
Ld,5 College Rw ofthe C•>ttnm Nole% (conllnued) 3LI st•>&r 2024 by lypp Tthl 2024 2024 2024 1377,931 1.24TrJJil 18JlS 1&4.197 1.262.420 i.IM908 Jsi 1.440,707 79hlS IBJ,702 2.7li.•41 113,170 1401J28 I iJ.I 181702 iYiIK¥ uJo,ry Fw tP¢y¢vqthl 30 Wixy 2023 2,425.4JS 16. 2.530.1 E111*1 4diYili¢J u•derliketh dlrff ily 24 202J J98J21 725J79 8.020 6.411 8fy2W6 A¢tylqTri¢ proicu5 JuwC4)mmi)n R¢m 49.4 67,797 lj17j.l W4Es w)d thes 910,101 XS.9J7 196JiS 170mD 2,78lJll 1401 J2X 10 Slpprl twts 2114 10.956 t7.4 17.5JS iJirK4 •x 12.4 41,412 24.& 12,410 57.704 22.&91 ftrs 11A1 12&6 Ji
Si LI.$ Loll¢8e R{ ofik C•J%VA I.1111 N(It¢J (con11ned) N¢1 IwDh Iliis li yJ#ed alknrdmryi 2Q24 2Q23 Owrxd lyi ik OwNxl thldl•ry 2JO.416 11 2,IlX $0,1 F¢¢ Fw¥t4¢1th 114 .. of1 . (a f¢es 3,25J 32
St Ch8d's Colle8t
30 2024
Notcj (ci)nlinued)
2024
2023
W•8t•
I,I.W07
97,22J
171)J170
1.492J4J
IAIS.759
Tlxff v
Chd'5 Coll RepMI tsftrrt orwj FIrlI1 30 2024 Notes (comlnued) 12 Kty mnitmtnt fcortirnKd) l)why 10 th TWEwr of lh¢ c4) J OF¢Thli¥W ih¢ of thE Cry'¥ Crn li li ill t•k¢ pkw with in whith u liovtrrw ma> h¥t In i1rt. All InYolYin8 Srt wlih rirwKl [YuL•05 Th¥m41 Mr P C11 Ihe Sth¥or 1&XF¢1vt NknLxY of( * Ikn I'.iilth ID 202J. Tr Cdkle h krd InThly IhlL (m% fnxn tht C•ttrthl fly & wlih f(qrnyeWS miilliNO on Ilws I Mr IP CINuMllu i% a irf F'w¥ts TJwt¢ i•lwi CBF Fuxlj Tru Umlithj • rnjtylty of LCIA 13 (hd's C4AIryE 15 Ll)n5idryal lo in Pry4th l 2010 W thv¢fLYe it m¢¢li thr for UK A¢(rff<i¥ly, Ilr rlwily is cxttho rtoth lax re¥>e£l of siins wiihin £t8(leS O)tffd (l•a 3 IIHI I I TA% Ad XJIO or ScLl( 256 of¢hr o( (W¢ (4N thl IY41 tho ¥¢ wlica ¢&&54). lo 14 FIDaJbrlil ptTform•Ntt DCih¢ rhwrltwbl¢ ¢ompAMy Th¢ Lmolithtrd dFiMn¢ial Aaiviiia ofthr )llY oydxthldl•ry. 24 IJJ IL776JIg1 202W7 3J37XJ17 11541).77Jl 14,31B LWls•l (kn3Jio) 6J9W6 447J92 15 Grwp b¥61dl flxtd 70JJ22 9mJ.( 123.965 J,frfa,417 750.OSJ (231Qi) 13.611.9Jg 174.IF20 P318J) Ai IlYqMlof 7QJ.$22 9J91.96J 4.IW.644 142BXIJI Ai I8110rth¢ yt 393,651 21270 IAJ7JJ2 X15,225 22.9) 227.495 At thethj0fiK y¢v 415.921 lJ19.729 2.245,657 Al J(1 21ll4 287. 9J93.963 121lJ7,474 Al 3Q S¢Offji%r2023 9275JJXI i.w 11.3W1919 34
Llwd's Collc8e JO se1r 2024 Notes Iconilnued) Is Tltyilblt fl¥¢d (14 Ik edx7kl lthd hiililiw 21" 2Q23 by Aviw IUKI LiMW{RK¥ ott tr¢ l•Jkn of * C9.275.(XKI. In tht y. c123,96S. f¢lALt to lit slmge In¢ kn the L¥f IWwd F&y¢tst.'ll% ofih¢ Oldin li £5J4$1.2 (2023: £5.425.J211 yr4r Md fr¢tlW IMilthqy Ib) b • M¥ty•l moY¢Th¢rt at 21 %tPomlv 2027. No dwR¢ LI In 10 (¢1k1 builthy of (9.39&%5 f342J." L9.27J.tWJ Iwd is mt Ihc rcsxlwl orth¢ ¢Wry1 ClrAI's Coll¢tr IM W¢1 24. Jdy 2112 1-2 Trknh nwley. iXII 3F.T Cr) Wthlth is The v7lwion o( Ik po5rty sj £l.IM5.IKrfI. •lwi ri¢d by Ayixffl Yow (UK) 214 Th¢ wop#ty hqs w Ixw kn1th fix Ai 34) ty¢Mb¢r 2014. khl# the thlq È¥N of knj £2A?.594 12023.. £309.&} lo ¢Lxuidefcd bt ideAifi¢d ilje Sn the lI1r1 of I11kn,170. lax rv4'lltued 30 kxtrntu X118 d ts127. v•l¥¢ Ik¢ IKld wiiliin Ik •Nlw 6x•l Is5 £M670123.. U6&670k Vreehfjld l•d b•lldl Ofher b4lldl•p T•tsi Al thc t411lM¥fYQ A4bJiiini Diawlj 70J,522 9.275.IXIJ 123.965 3.fA2A17 75lJ.0S5 {23L4MI 13.6M939 174.1120 (232.8281 Al thethlofthe>• 7D3J22 9.)9(•365 4.159W4 14.2611Jl Ai Iht kTiiiixtr* ofthE) fur) 59358 22270 1.841J157 20J,125 2241.715 225Jg5 AithethdtsfiY 415.928 I,IllJ54 2234.282 Al Sepltmbor2014 9J91J65 lJ41Jg0 IL•27 At 30 ))2) 9275J 1,7NJ60 11379.224 3$
Si Chthd's Come Notes (conllniKd) 16 CVWIP Ch•rlty 2023 21b24 2023 2024 P¢rrMtw ShTrh•ld4rf Drstrlo10• W•1 tsjihth1. Tr whsidiAry PYS 1 of its ) th ¢lwky ik Aift aml ¥¢haK A ofthe •KI 4yK45xts wyj liNE4lil1 Li rJM)wn IKIow'. 202J T 365,151 342.416 (285.5%Jl NL polil (A.SS1 {59,(Wl 5&9)3 120) 13921n Th¢ l1•bili#•¢ 9.625 11,ns 3,964 119&713) li#biliii 14&1 62.452 itr¢ and trnLwkwi$ofu31,327 Qfj2J.. ¥%w¢ Grw)W •ThJ lh¢ fwff<¢iKd4 Sin ofug.IM)J 1202J. IQ4 120) fT(ffi tk sthidw. At Jo X121 (iftx4J owed £MI f102J.. £4JJ.528J by Ik 54knithw. (•h hlmnrts Yre pesWi¢4ly from 5Lthidi•ry tl Jmd htjd cth ¢dl¢8¢ r¢s¢f•t hAk •lW kn thk¢ of Tmy1bk •wJ Th¢ wlrmJoifi¢¢ C75 Coll4¢ (Tmth¥) l.Imttrd b iheMm¢ (11.5 J6
¢A CIMd's Colle8e ofihc fthvTh)r%•J FirMSd SwthJ¢ffls JO 2024 Notcs (conilnued) 17 Stttk f•r••p (1baAIy io C"bHrfIy 2(114 202J FLYI¢¢ 21XI& 653 &65J 18 Dtbio GrDMV C-.knIrY 2QlJ 20U 242J 2914 2SJ I) 17.9J9 43J.528 ij 2J.lJ7 )J.791 49.711 pryMeJ 3J,m SS,142 32.2J7 41).718 .112 lJ2,812 553.492 19 Slkort-lem Inrt¥lm¢nts lro•trftl DeiAi¢d R¢r4rt Gro¥p ANI Chrlty I-KF CBF COIF Ity¢AI 2•14 Trni isi 42JJJ 14IS.777 3wgJJJ •M.114 )9J&l lthJ$5 9•.lJ• J171 l•fyqw 7JJl 5• 4771 JJU214 ImJ.m As> we kld in COIF Chvidcs l¢al In¥tmg l.uNI the CFIF (Iwth of Fol0 Furnb. Thr Tr.'liubdh liriffiih5 kn•y Ttu4 ftsr SI Cl1.1 (.ke knlniY¢rtd ty Lknlkd Crtdliors: lllO•lbli tsIIINg D4ihlM othe yt•r Giwp 202J Chrliy 1024 CThArliy 10 2LTr24 k l(nk IrAN¢ 211 29.951 IJJ 19,951 ,148 29.921 IJV21 V•luc pytybl¢ 171720 25.1) 28,IlJ 1,71 25,JiO 1.718 6242J6 2112J 1.7111 1146 J9).855 672.992 lJ4.112 611 J7) 961NS J7
S4 Chd's Coll 30 St1 2024 Notes (conilntsed) Gr•up 2024 Gr•P 102J C-hrhy l'lrI1 124J53 1124XV iJAJt6- 44.759 144,7591 124,333 99J13 199.jljl IiJyAi AmouNswd¢xd wvvious ) KwoLf¢t$tr In the y¢Rr 11&9)3 .JiJ Drfem>J irtwie¢thd IMJI67 124JJJ 113141 119.J13 21 c&10. hUl•% •ftr ttbore th0 yt•r C•N•P Crmp zj CIBrfiy 21123 2024 2024 92JS2 12UQJ 522AI The Iwis jerA¥ by h Iwl 30 Hdfyrth Styrd lknllry, bxh 11¢d kn Dwh Th¢ ofthtl&w LXyTrnK¢d In 2010 lh¢ IP 20. IMtYtl isd*ged * 1.25% knv¢ Iw¢ M•l•Aty- 1024 2023 Wiihkn Ilv¢ y¢•n ML fivrytl 11gJi)fy 1497 92,352 19,951 121303 29.951 Wlthkn Y<v([ 20) 122JILI 15US4
Si ch'S Lolleg R•xtofihtCio%trmn M¥J fwwrriDI x).&pItni 2024 Noles (conlinued) 22 Th¢ wn(MIllE of I15 and liabiliiiu iKluth'. C&#rthy 2L124 Cknril). 1•24 2023 J328J14 I6.j 1.025,777 25.319 IJ07.11 3328314 iJ,40J 148&9571 1.025.7 471.4(b7 1291192) Lith15il¢J thc•5urd * wni¥d 21 Ibj nK•sured•fqlr i)rtfolwJs: hld In the CKXF Llwiiiu r.rlwul In1¢ml ordthECIITr LTh¢NthrfF4l¥MI Inv¢StNl IxJth Dr thich re •&nithtwtyl by CILA ((IMry (knii I LAK•I The FIiTA¥%h &llThhs kny T fLY 51 U•J'i Cotk8¢ thini•v¢d ty R The F•r Ir¢¥¢AmS is themiirAI ly wi¢¥ ihp bIlat d¢ Thp C111) Iwld UdAlkksitra we flir 211¢) litlr ialue Wr v•hx 24 2J N•1¥11¥e ftll fA6r tylu¢ Ihmiih prolbi M)n4¢1111 tiiiriiii)e¥i JJ21J14 IAU.777 Pe%10 sclbtmt lkne lo¥¥Nb the (1 ily Ilrd P¢mon S&vlii8s Tnty( * W0pIr KthSiL INI.'STh The ow kn Ihe >vr lry Ih to the fw¥bs •mourAed ¢0 IIKIAI7Q 1202J. 1194JI3J. Iht Stpcmber 1024 the y¢¥ INI Ih¢wr is4 Fth$M Ux)vr¢Thl. The rtydf¢d rta10 thc LIn1mIlieS Illl4 io 14.5% l&J% 24% AW 2Q24 the 24 owxire S¢•¢ of lve bn Wvdt In * 111 IAI ID55 Thtt C•fWP CY•#r*y 2024 202J 2Q23 )tDr 6QiK#) 240,1 240,ffj) $95.W) 595AWJQ 895A IJS
Si ad'5 C.vlEe JO 2D24 Nnl&4 (conilnued) W4r & (lltyl's C".ollw lo -Tnth wf In of irry teml[lI wJ wilh r¢pwrs Iktht io bc w of ihe ¢xlxM¥ wNlilioTh WF>. li Ss wible lo Ik Ipl. Ilw ¢thta miirtf4UWK¢ ill bo ¢Jw71 Ihe of tht li 1130 thifiLIth 4wM5fy. lh¢ pAa 20 M•tNitMl$ In thids- Group (21)24) Cvrknl ftyrrd fDnYTd fwpdw Rci'ulIkilTr1I res¢rv¢ Poli¢> 4wJ l¥¥th'ce fw Th¢ Jim'l yffdl FuThl 4JIO.729 S9,471 1022.958 4Jt6,r29 13,394 IIJO.919 14&422) lJl,193) Ji.gx) 9139 01.321 (79.615) 9Q139 19.915) Wjlrn .732 JJ20.012 12,949.954) 1,9 720IAO ILI.732 )J2012 12.949.9J41 7.281A6 JunkTrr C'IYNnrf Rorffi l."wts itn Tru J,187 Chapl*#K>' lo the A JS.012 l.-lix4hEth (iriftlihj'l'n 42.OJJ & Ilurwbu 117901 I111 Fwl FKI I'urkl 1 Siyxvt Fw 231th34 93 (135.7771 I lJJ57 3J96 ioj 47.fft7 J16 457 1.513 89.515 1.9)$ 9.155 1&938) 131 637 (Jm3> 3.054 &170 230 IQ89) Colk8¢ (knir CAMr&n 56 1.250 5J(O 13.9521 163ff• TOMI 939.177 3ty,946 IIIJ.702) 9J.430 1239.158 I4114 1771J16 20UJ7
Chid s Loll Notes (cunilnued) .10 koLyr41%r 2024 26 Movtmethis In fu•th- Croitp (2023) BrD¥Eh l•rwxiMt Cirrltd for¥T F,INire in¥NtmeMti Tvttsf DtsiiMi¢d f¥Hds Rrv8liwikn reycnt Poli¢> tKI Prxlc¢ fi•MI &814J75 41x349 17 3291 (2M1401 4,516,729 59.471 29213 6.746 27,350 {i&ou) TrJ¥i TrI1 F"w (112J391 14J921 1022.958 g.Q34.322 03.J Q293,831) IIW731) &59).165 (irncrnl fh 6265219 3,111,6)1 (1721.n61 (263JlO) 491.971 OJLI.732 W219 3.IIIM8 11721.716) q2fJ)JlOI 491.971 6.813.732 fibty Pfjlip. F•rnJitwon I'n the Arts l.:li¥Dknh (Aimths Tn Jg.7XI lJg750) J.187 55,012 42.OJ3 117.961 52.427 40.1>96 741.971 $9.523 1.227 (122 131.5511 1.937 9JS4 Il¥ikffirw FuTrJ CWFL 3.093 Iw( (2YI,5ni 140,W3 (IpJnuritts Fwd A¢adtsttir 1klrYa Fw 2.0 iJJ691 (1.4) 1.299 J.lJ4 9,716 Colle8¢ J7J 17 19.#JJTr OJJ6 ioJth) 1.012 11&486} (jo521 939.171 Total 16Jli.045 J,W,4 (U26J56) 14.42Lfj74 Re11101 rttrm '1IK rci'M1uiM r¢s¢rY¢ of £4.Ji4n9 IXTr2J.. £4.J1&7291 Ihe £211670 12023: £211670) •byJihE (ry'¥ fv<¢hokl •¥1 tr04f&y of14.30111W(J)23: £4J04.059 Thc FUNI.. &ivcrkXn ¢k I l T¢nt£r wlbKh th110 C"4dlryt tn 1¥13 Apil 2Q21. kn LY w •f Ik SdM)Iv¥trp5 & Bur5aAts wlMl4 lh¢ fi4x1 t b¢irp8 I111 up. The tlas (thdof1181339 w• ¢nd 20 v41 ihe WJYK¢ imfurnd Ido Thr Jim Tyffdl Fd uys cstskli¥knJ In 2022. h110 WIti of • leffly. Ik fvrKI dcJtrvltt8 YIB • J MThk. SL4Wt fw•J an ()mwtwiiiu fid wlll ¥14NlJ k) kn •¥11•¢5 tl ihrywlst b¢ Ilr•J*ial 41
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