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 S￿￿￿￿￿317
Con501idthd 5￿ment of fiw¢i41 ￿lW￿l¢S(•￿ting in¢fflK and ¢¥￿ditty¢
21
CwNAidoied bol*KY the
Chray bolwx¢ >kni
Jolmknkd of e•sh fiow¥
Ilows frrth OW*M¥*divilie8
Nrfe5 10 th¢ riwn¢1￿

81 ChDd's Colle8E
R¢wi ofthe f￿￿1￿1*1
y¢*¢thtsl 30 SqittnlAr2024
Repurl vf lhe Governo
Si c'1￿41.5 C"olkge is con¥tilw￿ Colk8¢ of ihe Unibyrsity of LlYhMb, fowwJEd in Ilxbl 4nd
Zove￿*d by a M¢M(￿dW￿ Articles of dated 19 July 2014. Thc Mcmkn of the Awiilion
C(1￿11tUl¢ 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 N￿￿1￿10¢￿t ofihe Colk8e CTthIo
Ms l. Br￿1￿W
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. N￿ni￿alL0￿ of l)urham Ilniver5ily
MT J Mar5hg11. Nunimlion of Ihe EJislM)p of New*8￿1¢
Dr M J Pri￿1paI & Ik¥AI of11(Mtye rt¥ 4fKi(I
Mf M MorwK Junior (."￿￿Mf￿ R%*4n Siudeffl (l￿.￿n￿{w￿l1 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 knrrl*ry
Mr A J J¢nkiM
*ttker&
N*110r￿1 W￿miNI￿ Bank
12 Markd strttk
DHI 3NG
SDll¢liorJ
Swinburnt MAthliJon Soli¢1
Venluff I I￿LI¢
Aykley He#ds Cenl
Aykl¢y I l¢•
Durhanj
DII I STS
Avi￿1 Yvu
C¢ntrnl
Forth
Ty
NEI 3PJ
Ini'¢slbneit M•**%m
CLLA Inve*m¢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¢M￿lIA of ¢4 Chfjd's Colkg¢ {tht'tompMry" or'X'dk8e") the
yw (￿(1￿￿ 14) 2024. Tr Gts¥emoYs conlimi ih•t r¢p)rf fIrW￿l*l of the
Company or Colle8c comply with rlnrrt the requIn¥ne￿ of the L¢xTr￿nY ir L4)Ilw's
8ov¢rninB dopwnviii fi￿1 the i)rovisity)s of the Ch8rities Slatement of R￿Ornme￿ Pr￿l¢t I￿RP> FR5 102
(erferti￿ l J•nw 2019).
Fortwonl from ibe Ch#lr ofciOI'iYiorJ
IIK c￿￿111•¥¢ eff¢￿ of ￿n￿WIng 0￿￿111￿& dq*rfm¥*& 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 I￿er11.
Ow c(Yt woth by S￿￿1¢ is th¢ pmw510n of * ¢on*thI￿lI ColkBe to the Univcr5ity of of iwo
r¢m#inin¥ Airh l1xk￿ThlrnI in5111￿1￿￿$>. Think4 to carcful r¢-oik1i￿1I•tsn Df ¢h¢ finmcial 4wrth)¢ni of our
lltest MeniorxrKlum o( in 2021, priiy uf ￿n￿mI10n to Si ch￿.$ 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 5*ovisiM of ytudert cxwiuKr. lThis
¢OfLsidmbly •id5 our CO￿1￿ 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 fi*NIi￿ &￿1￿*bre to higk
edu￿110￿ Iwjwever. Ihe Govtnm have idty*ilied thc signific4nl inuxn¢ of Ihc CDlle8¢ Fce 1$ a rixk 10 ￿ in il
¢v¢ni of constrwiity OT cvcn 1rd￿l0￿5 lo lknm's fun(lin8 acro&% •ll frf its colkge•bl￿ ex5yrK￿4Y. 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 Conft￿￿e kniKss h•9 with roDfi&nL% rt4umiry vi8wrwly sinc¢ the
Sir0￿ fin￿1•1 PKrfMnarKY •kn en&blcd u5 to th¢ dulknqe of wb rEquiremMi
repl•cc Wll fir¢ do(*s to C￿llpty wih striwr *fe¢y rt¥wI￿1on8. We 8bl¢ t4) ihi5 ints) ¢ffe¢l p¢iimwly •tMI
re•phn our yenuDI rtfults￿WHeM of TrtomM￿￿I￿ 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￿ h￿1 tw probkms in aitrn¢lin¥ •dMissi￿. thr annual
trvey% of stydcrt eX￿rIeNc, takcm wilh •noiher 5¢rry￿ yw for xathmic achie￿m￿*S c(K*inL¥e io irfo
full l.ike rfh¢r high¢r tyluC￿l*jft iDaituli￿￿ th¢ Colkge ha5 kq)l in mind the vul￿￿bIlli> of the Uni
Kin8¢1(Mi'S L¢niv¢Ysilics to its reliqrKe on hryh nwDbe15 of o*ersetts ¥tudeNs tho ￿￿SUr¢ on the all(￿11￿ of
uderns to Thjr￿rn i￿1 51 LhwJ'$ slthld iiiiurnhrioiul Lxx*liti0ts5 chw%e. ￿lIen￿r$ are awart of I￿ wUl(￿Able
Tnlu¢ of o¥1 iThkpaMkftt 4nd ComribLrti(￿ wr C￿ mike lo Ihc L5niv¢rsily iii w11d￿llY with th¢ othtx Cdkges
*4 * YrsuiL wt keep uth T¢Y¥PW ih¢ of a sptud of and p(ts&iMI
YIK1￿1 ind foLmd*ional 4$ (fft ofihe I￿￿•M College&
A highlithi of the ymr w&s a fvll pmRrnmm¢ ovtrdue ny•irs, ￿(u￿15￿￿en1 And c0nryel￿1v* wgyade or
the C.haFI. This is a niuch I0￿d LM5iS It the (¢ntrr ofihe Colle84 1 ihe worlhip ihAt hns iKen i dally plln
of life xt 51 (h￿1.3 sinry ils fillMW arts and music•makin& 4$ w¢ll •1 • refuse of am
L4*lltnKes of life S￿dY. 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 dan*Mls 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 • tr*autifvl stoiwj &l)ll window
l.om IMS me￿1 i* Mwr¢d ofour spiri1￿7 I￿1¢ in ￿pe1 r(w many dec4do to ¢¥xne.
'rh¢ ￿¢¢&% of the •ppl Br￿ the Collegr's ¢ortin4*d IIMn¢i*l •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￿ t￿1 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 fi￿1 51a8¢3 xp ih
relkd c(M)ditiorLs rnect nl￿5. 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 w￿ld *op down Cr<¥n my *¢oNI tffln in the L￿•r by ￿er 2025. "n￿ VloY-C￿lr.
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 • con￿111￿1 Inde￿￿k￿l Colk8c of a wotld-
C.1￿ UniverSily. awl u • ihfiying ins11￿tion An¥lic#n roots cthutional h•v¢ deye10p￿1 #nd
¢oniiIi￿ lo ha￿ iyarinu ￿111. nearly 120 ￿•r5 aft¢T its foLMthi1￿. I'he Gov¢nMx5 wHnimously John
ma￿h#[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￿. c￿111￿111￿ ove¥seeing OLW W(M*
Ilthnni rtkniion5 Ind fundrai￿￿& *) lh￿ to ind fulfil our oty'ed& In liM with Cdkg¢'¥
Articl￿ athl io¢n*Jrt Lhrt •5 Chair h¢ may 9tr¥t a fiill ienn. he resis￿d •5 4 (lover￿ with ihe o(the fininu#l
>Y•r. Ix mighi d￿lY his rnk in 8ovMrw¢¢ as Ils lewkn 4lle¢ six ffl
'Th¢ y¢Trrb aknd will see ihe ￿¥re¥S of ¢wr c51Hl¢ rcfwbislwnert the l*for ronme￿¢Thent of tyjr
iLYw1￿.11fy W*j¢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. a￿1 44pin8 the nexl il6vli¢xi AY
ki￿[ .* Cw's for￿& This will o￿Alp wilh Imir joini revic* wilh thkn IIDivmily ofour MtMwd￿kn or
Urth&ndiTr8. The MemornNknx c5thblbSlxd parily of ¥*h& Iltyham's own ffl•iM4inrd
Colle8e5 and tk ithP￿nI Colle8u rt4wir¢ by w•y or ruN1¢4J for ilrir work to wjvith iht
t￿lI￿n 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 •ppreci*tion for efforls PrfrVi¢¢QIu￿c1l0r (ColltB¢s)
J¢Trmy C4)ok 10 xhi¢ve a Meli￿10￿51Y fuir 4r¥1 Costed Colle￿¢ Si Chad's q•ine bLw*riin8 fo￿1￿¥
for the Univrrn￿Y'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
$i￿e ils Si Clwd'i Il•ll,
Ihring the ymr. wt Wble k) c(wl on the r*n8t of ykills and voi¢¢ g(vernors w*h wide rryiiv¢&
We Said farewell lo M*ldi AId*m-cJ&t￿ (Jwiiof Common Room Pre5i&nL) M￿1 Mmn (JCR 5fudcrt govcrn(Y
ind as JCR I'n￿1&1. giving us prs of*Yvic¢ bvDrdA ￿[cOmed R*hxl tk)bbin u t
new J(".R ltr¢$i<krrf and J*m¢5 Bridges Jcli (g0%'ernor. In sepb￿lxr. Middlc Lommon Rr
PttSid￿1 Msn]Kw 1£¢ his term of o(ftt. S•dly. earli¢w in 2024 it be(¥meclear thli p￿f￿M)r Junjic Wu
no k)i)¥er abl¢ lo und¢rt*ke her rok •tsy fiutlxr as ¥ liow¢mor of St Chfid'4 hviwL laken lip 8 n¢w 4pp)inmienl
Lkputy I￿V￿¢-a￿l¢¢I10r (Rex9￿ & tnk4wis¢) Il A%ton Uniirrsi¢y. We wymily th￿la1¢ I
IritMMiOnS thll rdirin8 8OVtY1￿ hav¢ m*&. N¢w ¢0 th¢ (iovtnxys is R058 who JOI￿ w with h rich TB
f skills in wbli¢ %r¥itt *rnl housin￿ pmvithr thini%1141ion in ih¢ regioTr t￿rIn& ?1)24.2S ￿ Will
lake up Tole of Audit Commilltr CIMir, We him wl th•nk Ahn B¥¢kle f(¥r hi5 le￿¢￿1P And
wiskn in 2023-24 inl¢rim Chair.
In koember 2024. Very Re￿1 A￿l￿t￿ Tfernlett. Ikln of Si Nurs. acp￿d Iknvn from hi8 r(4e ￿ Redi* of
C.hwl's wnd Very Revd Dr PIM'lip Pl>min& of ￿l￿aTr￿ w*$ el¢thd io him. Thc Colle8e'$ bthkl
wilh DWha1￿ CaiWT•l is irnportanl aThJ hi￿()rIC. An<lrtW Wns 4 Btr41 fTicnd io St (tsl's I4￿j ils ￿￿)1¢ fi* tNny
Philip ¢C￿)eS w us wilh ¥￿1 ¢nihuN4￿ and comiiiiimew. &$ he also bern and admirtr io
Cw's ihrou8h hi5 twn¢ a5 W8rden of c￿￿er Ilill at our nci&hlKwriry Collqte. & Jokn's. Wc Ih
'rr¢mlrn ¢nofflith￿EY for his wami le1￿10￿￿hIp ¥iih thc College which will siM¢ (iovemor5 eleckd h•1 lo
o f¢x#thtion Fellowthip. W¢ lod( fmnrd very m￿h io wo￿1￿& with Dcan Plymiry tn 41x*i.
In elosinft whil will b¢ ih¢ I•￿ Al￿￿1 Report io which I shllll the F(Kewor& l *ish tribute ￿ Ihe
wcyk of 5¢hrr•l ￿(￿le iii ￿￿1¢u1￿, simcf keys tfr Ihe yrpr.
Pwl Lhndler, h*s my twne in Offi￿ as fvllege Th•ir, be¢n In OUi*andin8
and Colle8¢ Chir. Ilwi able linarxi&l Pfessfftx wxl wKert*inttes of i
ndrrnic lo Si Cl*d's ￿eSent position is d4K in IK) small wart w hiy wi>doM Ind •3 tk BOVi¥TK)r*'
lead. I￿￿1 will #ep down fis 8 8OVtTttor an¢r IQ y¢u5 in 202.% are Ill dtli8hi¢d that hbs
$I￿¢S5or a5 TYeaJurnr will be 8vv¢¥nDr. MBgs VaU81w￿ wAh l*r ¢xpuYnct insi￿1 in knin
maA*8tln¢nl arthj d1￿10pm￿
Ali51air Jertkim h•s Mtsidily ille Colltye'$ yrdliorts and I￿￿ a ihorthwh r¢*r(n￿lIuiI<ffl of
5t•fT ￿n￿lUre in dl &partfflen￿ c¢uied exffll¢nt al(ffiK w'ith C41krni¢ The(thld to wovide us with
CQnsi￿￿￿1Y reli•bk and rr4wring financial and cluity. dri¥en #1*4d upwade of College ￿lIding$
f•¢iliii¢5 I￿1 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 intelleL**I ejjmmunity. With the ty.to.d•y aThl
coIIMixn¢i4)n ofihe Vic¢-Pril￿rpo1. Dr Virloru IlrL7WTh been frt¢ io fo¢w on itr*st ￿￿￿81¢ le4(kYthip r(ths
ai th¢ llliies *$ facil*¥iins U*OLtr48in8 the of oihers io imwvve wxess ind infonn￿l
syslems and alsu io E¥ke frnrd ¢lK Colk¥e ¥¢surrh pTogTrmin¢, PolKy & P￿¢1¢¢ ui)Lkr P￿(￿101 Tmy
Ihe vil*l ￿5¢(￿11 w¢Kk of uur Chplain. fr th*id Rushio￿ and tht Assiytsni PrI￿vIS Dr Chrlie
Pembcrton and Jeanna Spencer. and bank of miith iWfeCi*ted Loll¢gr 'l'utw* To t1￿￿. INI *ll ¥aff.
108¢ihLY wiih ilw in suth imp)rtLni rok% on ihe exec￿1Ve8 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 chBrii*ble limbted by Buafdntee C￿￿)11￿hcd by 4 NlemLY4ndum Df
A5x>ci*ion ￿ 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 d￿TIlY. Tr mEMi￿ of IP
A￿l*l￿n •r¢ ihe (Joven￿r% *lKb the ColleBe aThJ forni its Gov¢mins11(*.
Si LhNI's College (I'r*linB) 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 orGo￿T•￿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 •pwI￿1 of tk finwKlal th4ll¢rts ￿j
on 2.
ColltRt Cwow¢niori' Ilablllly
Th¢ (itrvwncf$ 8ww*e¢ 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 *v*ilxblv ihnwli tl* VDiversily thr prov4kr& Th¢y #rE *lyo cqjy of ihe Colkgt's
Memor¥ndum and ArtKIL¥ of ASS￿1￿110￿. lis cum¢ s￿1￿1¢$. M¢miornrNlum thf wilh ihyham
Univ¢ryty. tl* Colk8v's annual review ol its life *nd woth 7k L"1Nds￿lI. thc Gov¢morn' annwl w and the
annuol audited fiMnei*l rtith. Th￿. r&wired io lo ihe Coll¢BC'S d￿ri￿ble thims •nd obj¢ciive& io
D￿nI wilh the Lulle¥t's poli¢iLY 8overn*rKc pro¢u5C4 wtti¥lly ihest ￿￿tOry
compliance and Saleg4mbrd¥￿ And io di5clw¢ wibl¢ ¢￿?fli¢13 of iniereu. 'nK c.hair of l10vl￿)0rS C￿d￿ts •
rollin8 ¥kill$ aiKlil to infonn ih¢ &wx)irtii*iil of i￿11¥1￿*1 (i07rtnwxs ILI particular aT¢as ofihe w(*k of governance.
and io re¢ruii rthv CJOVtTnors i*ith ex￿1}enCe ind skills nedtyl. Cioyernm iiiviiLxI io pNiciWe in ihc li
ofihe Colleby m • reguknr knis.

St Qlk*l's College
Fw Il¥ jo 21Q4
Tht d•y tD thy r*￿in8 of ihe College is del¢8alcd 10 P￿￿1￿1. IPK Trir•rK¢ & o￿lOnS Dwatsr, 8Th111*
Thc fM)VCTnors h•w •ss¢s*d the risks to whith Comwy or Collt¥e is vxw)xd. thosE
rel•￿ lo the owations ind of the Comp•ny ty C(41ry4 I￿1 they rr8ulwty miew arr in
plxe lo miiiwt exixw li> mnjor risk
Risks •r¢ c*80r1￿ irto the following brL*I h¢•Jings.' F￿4￿￿t￿le￿￿ I)iwiM. In(rnsiruclwE SuFvor( Hwn
Re￿X￿￿5, QAJndiKt of Dusinesg. Ac*dem1¢lR¢x*￿h A¢ti¥rtie& Stuthnt.%upFMJrt Fw*Jxial kni*in•bilily. IIL¥tth &
Safoty, M*l￿en￿￿e and Comme￿141 Aclivity. The niaj(* risks lo Iludu￿1Dn$ in
lh¢ IrKls of ii)conbe. slake1￿ld¢r S￿11[*ClI￿n by d¢livtyinB ￿luC m￿1*y￿ 1 8￿1 qwlity
e invethethl in 15 ¢W¢Ati4L
Th¢ Cjovernm hair l<knl1f￿d the fdknwing Prin¢1￿1 Risks io the
IJ .Il¢rflnx I￿1¥*e iWfReis
The #thi ini4k¥ ri&ks u¢ by drfaikd rnLY)ilrKln8 of through clw liaison wilh
Durhorn Unive45￿Y. re8uIw cmv¢rn￿Ion nmon8 Colkg¢ O(fi¢ft5. and r(Mrtin¢ reixvtin& scn*iny disW5510ll Qt
me*iny¥ ofthe GDbrnMJts.
2) S'i C*ffd'J INdepe•Tr￿•￿ Calle
Th¢ Lollw r￿cIV¢S a subAaMial Collexe Fe¢ with Durhwn Univ¢¥5ily in c￿s¥d￿¥8110n of ihe stt¥i¢es li
surpli¢s •J 8 3141uiory ¢VT¥51ilu¢n¢ Collcg¢. This into eifed in 2021 iinou th 1¢rn1s of H
Mon￿r￿mIUm of un&Y￿and1￿ and FlAR￿lI4 A¥ryemem whi¢h will b¢ rcviewcd b) Ixxh the Colkge and
Univ¢rsity in 2026. 'Ik C'ollege Cv￿￿1*1Y enjoys a Yery stronR and p)siii¥e relatt(￿sh1p with & Univu51ty. 1%
8iveTh scak ofthis fet wiihin the ¢￿￿e￿I of lh¢ C.olk¥¢"$ O￿ThI1 inC￿n¢. it W￿ld Ix prudcA iv idL￿1(Y Ihi¥ •¥
rin•rti•l risk in Ihe lkn
Th¢ rijk M lo inYeAm¢nt in wawld a major probkyn if Ihe Ci)Ilege had iwildin￿ which wtrt fil
for pur￿￿. A ttdwKxl in 2019. *4kich ineoryM)r*ted the Ciovtmor%' 201&2027 10-y¢Dr
Sts￿e￿i¢ in retsti￿ to buildin8 m•ii*enaKe and r¢rKwals, and also supplLMThtnr¢d by wo
1dcnl1fK￿ wi¢hin our regular builJin8 CLywJiti(th wThtyk Re8ular r¢porting ¢hrou8h an iN*n*l ¢(Mninitt¢e
with A *ebrn->*br buildings ￿pS￿4k pl#n by CA0VL￿10t% ¢umm¢nc¢d in 2019 will c(￿inUt io provide
In *hi¢vDblc yograiwne ind ¢wbk sign•fKnnl progress. A¢bJJ"tKwlty. Ik i￿reaSed 10 TiSil* ¢ii¢rgy
OX5 •nd inierest ntes has ptsttd ihe Colle8e's bud8d% ttnd sd*dvks for ￿nying ￿ thss •nd li
wouEd gill b¢ Fyudeni keep ih¢ ¢ffects powu. mawijl labotsr ¢0519 ￿ the t￿11¢S pr(yhmm¢s wmkr clo
ClbJrfllv¢y
The ¢￿i￿lIVeS of the Cdk8e Brr.
To k•rnirb& ￿lIS1on Ind in with wirKiplES of I1￿ c1￿(h of
En8knrf
lo prowde a Colk8v for #>￿]1 Ix ffrt¥nim of ihe Univcniiy or ￿rt￿Tn in *thith m•y
xxk de8w wmlific41ions of the .Unl￿nI￿ with panxwjar re8anl iv advwDciDg iheiT
eduatiofy ind iheir ypiiyt￿1 •tyJ pe￿nI1 wdlb¢in8.
(￿r w4n¢ip*l MC#￿ oCmc¢lxng thoge objccli¥t8 is our pmvixinn of•¢￿1¢￿1¢ aNI p&knl suN)on tyb
aNI p)sWrndLWt ffjMkni¥ ￿1￿ing for degrlu in ihe Unisrr5iiy of ￿r￿n1.
Ch*d's also provides h13 own e4knYiioN 5t￿Y Supp￿1, wlthln ihe Colle84

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¥¢n￿s ¢orTr5uIIs tk R¢¢tor as The Govemorsemploy An An8lic￿ prjest Bs ChpJTrin lo Veld￿[£ rwihr
wmhip in ihe (Th*ptl ind. arn(￿ thrties, to ofTeT 5pirilu41 ¢*￿ iv*il*bk to •ll With￿ iht C4)Ileb
cornm￿¥ty. Tr C4)Ily Ilw sthDl•r5hip5 •fMI f(* in W of ihe (JWFI'S
By mainEainin8 i multidiseylirw canm￿lty of ￿￿5n￿. lh¢ C.(*lleBe 1% Cuifillifj8 its d*r1￿bI¢ L4>j¢cls Ls * pknce
of ff lig1w￿ ¢du¢*i(ffi. learnin8 *NI ffY•rch wiihth ibt Uni¥trsiiy of
Ihwin8 y¢ar. the Collc¥¢ cONl￿d io its VisirKL Valirn for 2017 ￿ 2027.
the htart of this lie ihe fdiowin8 definitiw
O•r Vlslon. To be i ho4>ilAblK $￿Pr￿lI￿. ¢h•1luyi￿ ¢I)Mm￿lty of I¢ww8 whith md
ow memlM io with wn•8ifbAtiL* *nd ir*¢Vity tOWgrd5 • sustsimbk preSBnt and
Uibr Mi¥*ion: W￿kin¥ Itwd￿r • **m5, feneaiby commmil). wh￿h ￿11￿5 In ou151andin8 ¢olk¥iat¢
globthl d￿ll<n¥C& we aim lo enc(wrn8¢ imidkdw*l curiositv and tlM)ughiful 45 ￿p1(￿¢ knw ￿ libr
m(ff &thI￿bIy to mike 4 pwitiv¢ wi•1
Our Vmlurl: As in IThle￿ cdkgc within DLtytwm University, we are thri0￿1 by w foundin8
onimttmeni io ju%ttce. I￿￿￿51￿n and &Yvic¢. 51¥p¢d inspired by our Aryliun •nd our in ihe
Nmh 14st re81(￿. W¢ xetk to lilt with iNcErity as B cornmunily whith in¢ludo p¢(TJle of &ll bdiefs
lTh¢ GoY¢m)ts ihe OH￿rtuNitY lu ￿vIeW ihe SirteBic Frnmework in thc li8hi of LolkBe'5 livryl
orAttiKm*l eX￿rie￿￿ in SeFrttmbcT 2023. This LXKbfirM￿ Eh¢ l1*4.lerm vision ¢our*4 wilh fvnhtl
r¢fi￿ne￿ lo i¢¢ouNI of to divetsiiy ttr•d I￿1￿$10￿ as well as to ￿bng enyirornKmMI •nd
ener8y lo thE for¢
.l>l#ltm¢nl of l>¥blir IkTrtfil
In sl*pin8 the Collegv's ob￿11￿￿5 for year and plannin8 lis •Clivftl4 ihe athvernm hvt C1￿1d(¥rd thE
Clwriiy Cijmmissim's re¥ul*iory 8utthn(t ￿ public benefiL Try iTf ￿￿15r1￿] ihni th¢ adiviiie4 is desrriw im
Lhese ￿pol￿ aThl Kcwils in ofth¢ Coll¢8r's obJ¢4l¥r5 med ihe Wi¢ b¢n¢fit rt(pwranents ofi Te8i#cred
dwiiy.
R¢wTrrl o# A¢tiviti¢
The c4)lle￿ wvvides a l¢Jrnu¥ conmnunliy ¥¥1 InfTrstr￿re fi)r 470 md 170
I￿￿81*0u￿e 'fhis ¢(knmLmity ￿tlE1]ts in1¢lkd￿Ity *KI Fryo￿lly. thvelops their k*kr5hip
inte￿1 skill& Ih¢reby weFW¥¢S ihan W p￿Y full and Cir￿•ve ¥¢r¥b¢¢ aThl of
xKldy, In kwfiicular, t￿ Collc8c provTrdEs'.
¢ry)rtuNities lii?dudiTr4 Ixvslriu Xhol•¥$h4￿) for ¢xtrnWTicuknr le•min8 in a ¢ollry¢ c(mxt
i￿l￿du¥ multi41isciplinuy l¢du￿& dixu¥%iorkK ￿￿￿trIal￿119 and ththrby I
devel(y I￿¢11¢￿[￿llY Wond ik of th¢ir 4¢wkmir dcg
T¢Side￿ill thi)proxMn*¢ly 255 5tudw*& with M￿1(*1, re<ral•oMI
f¥ililies •nd opportunities embk S¢ Cl*d's to wlige their •wl utht¢
pxertwl a5 much is px55ihl¢ whil¢.Uii(tyini ￿ ihc C4)II¢Bc"

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 Prnct*c (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 C￿led ¢xrt bv bw0%.￿114[ * ffsId￿li￿1 ¢I￿lence within a hi8hiy til￿8¢￿ leam¢Nr
lim￿1¢y. integral to wTrllch iy *¢*krni¢ And ￿r￿gnal 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 PL*ml supp{￿ ￿ •ll L7able thrm Mtll in their
(kpAnrn¢Th#l-b*scd ￿￿di¢S al￿ ihrir ￿￿1￿MIC w•1 pr￿111 by ¢xposirt8 Ikn Io is**5
challen8es b¢yMd Ihe ¢￿￿]cul￿n.
In io wovidvb8 the ColleB¢ • confway IwAIAlity •Th4 wfyWin8
durin8 vac4¢ion ￿riods. The fin*nrial t¢n¢fii¥ fY¥xn this ir4din8 ¥livily are ￿1]1$¢￿ io supwrt ¢he CollqF'g mAin
iviiits in of ow obJ¢rtives. FJwin8 ￿￿k¢￿)lI￿r g1tisf4dion by dtliverivA vilw for • 8000
qU￿lty 5CTVi(% a￿1 in¥eskner¥i in infr&￿nIC1Wt is (ss￿•1￿1.
The ww1er81*d￿ Ind m¢mLws of the Coll¢8e Ilx ￿lM￿Y beneficiariesofthe Colkn
nbeis of w knior R[￿ - which togthi a¢•&mK of Ihr Univmity
sl•ff •nd le4ding flBiWU in tr c(hlMnwhity In Il* N￿h
Iwnni of the Colly.
nts Ind #arrfrtyn ￿l￿r¢ol[¢￿ in Durfwm:
visiiinl •¢•thmi¢5 fr(￿ hig1wthl￿i￿ irdiiuiknu.
r benefKitries hve OPPLYtunity ￿ •ll*l ¢dwalioMI lh¢ ColleBeorwe its acad•nK knliii¢s
Join us fty m¢41
Fthlhefflior¢. ￿kner bcneficiaAo d¢m()ns¢Trle tIK Colle8c's wovisioft Of wi(kf public
SdMK)ls with p•rtn¢r li) our sch￿)￿ Widenin8 PIrfb¢i￿1lkn ()Jtwh
Sclwl Vi5il
l.¢Jc41 ind el#rrfiN wilh wh(wn 5tLMlp4s volurtttr ANI for whLYn niise funth;
membern of ilK public who oft¢n inyitcd io aitend in L'.dkB< I￿ludi￿ &trvictt tn th¢ Chpd.
4Th¢ff15 wnd Klivitie4 ￿blIC communty outThch •NI ¢harity f￿￿￿SIn8 evert
lil oftkr w suwx)rt frMI kn finwi411y ftwrL'¢d 11￿k¥T￿Y￿d8 thr Colly olkrs of xhol¥Trhips
burwi¢5 lo unthlgrad￿te *iid P)Stwd￿le *udenis.
AthitYe￿•IJ durlthi iht YtAr
Tr College's •ehi¢vemerfs ￿riTh8 y¢¥ lar8¢ly in l¢m$ 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¢nts*1 Cor t*ntrrtinB fn¥n Eh¢ PDVi4kd by
coll¢￿ •ThJ the Univendy. ry*rdleu ofthir finwxi&L ￿bIl, ff Iwo4M OF dhnic iw.
•thnissiMs inlnke thij yar is 146 aThl 162 po￿￿¢ 51udrrt&

St ChR4fs c￿11￿8t
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
M￿1
Jo
Trf*l Awards
213
73.445
48.736
The Cfjlle8e's *¢hievemtnts durin8 year l*wly I¢￿5 of ￿Uden1 rn•tt¢ws- admission% rtsul
th¢ 11￿￿h and wiikr ¢xperi¢nLY oft¢srd by th¢ L4>llE8¢
LX)mmwkity.
Ctsmmu*liy Llk ••d SiwJ*Ni ￿(￿[￿¢1￿
Th¢ of our aniMI YAudH* 5ugW8 that tlxre ts high s8tisradi0￿ R¢I￿llY wilh the 4￿￿11￿
of ihc St￿nt ex￿lence li ￿ Clud's CdleRe. We hi%h rnies of Lry48tsneAt ￿7th w¥kr ex￿1¢￿(¢
otf¢riTrfv 97% ￿11SfI¢d wilh ih¢ L4Jll¢¥¢'s ¢￿0￿18cment 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 sugA*iMbili¢y. W¢ ha¥e thiJ via
ommunicall￿￿ acmss pl￿r(￿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%..
dI￿rsity 14.%. resFrti pers(m￿ i¥lltf$- 94%: . 86%.
5cns¢ of COMM￿liY is %trw8w evrr. un>ss the Collegt. Ilxre is•D I￿r*sI￿ty 4b•r•J cunmlthKrt
s¢i>it of VAl¥¢s aThl
10

c:14d's Collty¢
ofiht
ror t￿ 30 5rylvnb7 2024
Th¢ coll￿1¢ lo fvnd% Cor a of VP09ES. irKI￿lin8 the gY¢a*r FYOViSiOn of to E¢
p•id ￿ ￿￿kn15 MRY ￿￿￿¥1s¢ hve ￿rU￿le￿ ￿ iffonl funding of iheir 4mi%rrsity Thanks lo t
8CnEro8ity of alumni sw)pThrs h*5 5i8nific4mly inurwd our cor4cily to Stwleffls fwwKiDlly. in
rt(ent )*an TAwndhing miKh r￿ed¢d ¢urTtni ihe ¢0sf of livin8 chmllemge
F.Iviroimenl*l and Go*tnb#Ate
Tht Cdk8e to lnon1t￿ lis illip¥t in a nridy of ￿Y$. Ind WAS delioknd to win the
Unii'tt5iiy'5 Su5tBiMbility Varsity CL*nJxiition for 2023n4. Th¢ Coll¢gr wntllh￿5 lo ron5idtt ffi¥itDnmeffjAI
ai of tis ￿fi￿b￿SI￿nerf pm8rnNne. In Iw willi IJN Sywifb*ble tht C¥ovenwJ'
laiffd r￿u5 this nrrll of ov¢r m*ny yrns will Ic¥d io a (irccn NIBnif¢5to. in
LYwult•iion wilh wthr Si (.tr￿4,$ ¢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 W1￿C Pl￿nd￿l￿n,$ su88e#ul rnie3 01 puy. in ordu ￿ ¢nsuw Ihi ¥t*lT wiihin ihe Lolle8f •ft
appr(wHILly #n(1 Tewwthd
i••nfiMI R¢vitw
The fir￿￿111 review recers lth thfr car￿0110a￿d wp activil￿s 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 y￿r thc thr mwk
V•1￿ ofihe kn.*rni ￿Vra￿en1$ £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 * dtvalu*i(m of £2.561.456 in iht tr*lance v&li* or
Ih¢s¢ asx*s. of th¢ NwJlu4lion mo¥¢m￿l. •mo￿lI1n￿ lo £2298.140 rhr8*>J th¢ eAi4ln8
al￿11￿ ruerve and the of£263J10 charged io unrealised losses on re￿1￿¢10￿ of fix￿
*thkh •bowt in¢(ffi¢ E¢fN¢ ￿ns[en1 in lh¢ (rffinw¢*l 4diviile
lJThlerlyin8 incunc in lh¢ year. cxclwling thc gain￿1085¢4 OD sknrt-t¢tTn In￿￿1¢￿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 m￿llY resida￿ bills in¢ffased by •n wer¥J8¢ of
11.3% in line wilh the rntcs charxcd by lthiA*rgity ￿C(￿)mOd￿i0n 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 W￿1￿(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
J￿10r Common ww¢ £121.267 •nd i￿Se fw¥Js hNv¢ be¢n I￿lUdEd th¢ 4> • rv51r1d￿l
th￿•t1￿1 in )rdr. Jwior Ctynmon RLKxn &¢nmiL*I woup of £130.367 for 5ix-mornlh io
3[￿ S¢Ounbw 21124.
Prior y￿r ¢w*me 0￿.off ￿ce4¥¢￿ fuf the Cha￿1 rcfiwbisknicrt Pfoject of£12&750 a￿1 an amow
of£62.889 fnxn Durkn Uniit'rsii) io fund a TepknCeMe￿ bn)odhnd within tk Coll¢gL.
To￿1 ¢11￿￿11U1￿ *•$ l3.ph highr ihThn prbor 11 £3213271 Q023.' Q.82C3J6).
Ewy ¢0￿ wtsr sub5￿1114￿Y hi*r 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 U*d'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
Ftril*yw¢th JO.StptsTrt*r 2024
Totsl slaff Costs wt4E £1.492.44J (2023: £1,415.759) S,4% in th¢ yar. Wws *rnl J•1
inuraxd by 8% ho*rv¢r pen>iuts ¢05ts (¢1] ty 13.4% due io in the cmplo)Yws' C￿￿￿l￿110n1
required by the Pensi￿ xhcmeL
b)
BnlAAee Jhtti
C4Pit•l in%'¢sliii¢rf h¥ ¢onlii*ffjd 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 re4￿1
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 14*il¢y).
Th¢ m•TrNity of tsJ(k de￿ h•¥t been ¢(bll#*d Mi •dvw¢¢ ofthe fir￿￿1*1 end k•vin8 a
b&lw)ce ()rEIco83 (2023., £25.3X9). The s¢ttknicnl of Trside￿ kLtount5 dwin8 Ihe [￿￿er lem
hos m*intsiMI tk low tsade thIMor bal*K4 ¢4￿￿1n￿ 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 ex￿ed
don￿10￿ in & fomi of 8111 •MJ ¢hims or 1mlivid￿l donati[￿5 pkdgal iwt not ffceiyd •t thc ye•r*nd.
Trade clrditor ￿lAnCeS #rc ￿¢(￿1￿4 mu*hty lo exl¢TMI SUFvli¢r ￿yIn￿lIS made to Wppl￿r5 in
li￿ wilh p•>Tr¢NI •NI after eTrwiD¥ aPprq￿lIfe aUth￿1￿10￿S hv¢ obEllIn￿ e￿j 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 ￿l*ting to fix¢d &s%¢i •ddiiionx iti Ir4xd of LAn8ftwd I Ivu5¢,'n* llwpel and 30
14allg*nh 5uttt. "lThe vDst moj(Kily of ￿ w(¥y￿r filed *¢•JftI IM)w been in¥oiced by 5ukry)Ii¢T5.
Bank I￿n repaymu*s 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 r￿￿1￿1 1 £2.IMX),(rtKI Iw *$ Ind this baLJnce Mo￿$j io short icrm
InVe4nK￿l* 11) Janwry 2024. love￿ment in th Colk8¢ ￿11&1￿ IMS contim*d dllrinB the fminci•l yt•r with fixed
•&liliony Of￿74.020 (2023: £1239,192).
'The ￿1•1￿¢ held •$ Jh¢yrt-temi InveAlmcnts li ihe ytarrfnd £3,228214 Q033.. {1.025.777J. Whilst th¢
inve&th￿nts are clwifxd as sh￿.1￿ io th¢ ￿¢S57bk nrture of the the in*niion 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 fr￿gknnd Inveslm¢M in ihe yeai. Rcdtidcd invtsth?er*s am(¥￿tIng to £X39J55 w¢rr 5wjlrl>ed frthn
COIF L'hwiii¢5 F.thi￿1 PurMI io ihr Llll-. Lhw¢h of Ln81¥Thl Fund. Guins ori tho rovalu￿10￿ 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&) M*5 kld Kn the LX)Ilv Ckniies Ethiol Inbrsknerf FUNJ
llnce of£47.077 held wiihw) the *.'litslxth Griffjths Ilurwy Tnj
Over•ll a$9e4s ii*rewd to £1 s. Iiri556 1202J., £14.422,Q74J.
Ih¢ome
T￿81 irKryne IrK￿￿d by 1.3%10 £3.771J16 with £3.413.453 in tho )vr.
(kn knKome xiivity of ￿l(￿ti&l &¢¢l¥nM￿￿10n sknw¢d In I￿1¢•se of 12.6% ￿ ihe &Mv¥iws
. iKMsin8 io Q238J83 {2023.. a003.8$7). The ihree years a h*h dcm&ThJ r¢5id¢rtwl
•¢¢umm￿Its￿ wiihin Ihe Lolle$c arwj very fcw empty in residential in¢(￿¢ year ye41
is mainly d￿¢ to the prxe 1￿C4St5 in whKh brwlly ft)Ilow ihe ft84deniial ocCu￿￿Y rtC5
by I￿￿hAM 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)
wMkryi*dwales lo inclu(k ihc Fastrr vwcalion wio(L The thmers, ￿E4t¢ xh¢me. whith vlYu¢d n rnl¢ dixouni of
A￿lerA to y. Jrf 4NJ 4. y￿1 iind¢T¥rwluW¢ Stthts rwniwa ￿ eollege accOrnm￿lI1￿ 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 •dj￿e￿ e¥h by DuTlmm Unive¥siiy and thij Me ¢W is IM￿¢￿t￿ed frthn Ihe I. yar.
line wilh the finn￿1*1 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 FI￿101
yrw ethkd 30 Sqxunlxv 2Q4
aThl ihis 10 £564,1 58 fm I" 2024. In the wi(K yew an •¢J(liib￿l •rnounl of £11.I75 al
reritrrd in th¢ y￿r I1￿¢d io numlxY& Thi5 I'ff rrl]crts a new iwmach mrtl>¢rflvlryy tkni
ovides • t1￿1 and tran4￿ Miy of r¢coBnisiThA ￿ eois of ihdwndeni ¢oll¢p within the Univ¢nity
slrn'¢ur¢. It pr￿￿1￿ eo#$ of prvvidin8 wid¢f yudrni
In the prior )rttr Durtmm Ilniwrsily ryovided funding of ￿2.499. disc1¢￿ed wiihln rthy I￿Ome in wle 4, for
(he replawnL¥)l of tlK brothnd ￿wOrk within the Colle¥¢, The I￿1￿1t￿ expEndi¢vrr iMwTr41 by I￿ College Is
in¢lwl¢d wiihin wemixs¢o4&
In¢(The frum ed￿lOr*I £￿.1)40 {2023.. £42,MlJ. ￿ ch￿,1 co1￿￿ ca￿1n￿¢S lo hosl
t￿￿{10￿￿1 6Ymf¢rtyK¢s for Durham Unitrusii>' *rMI ihis w&$ £26.85¥ {2023: £40.158). Addilbonal new
kninc4s ￿￿￿￿tr•j in 2￿21 frum • sori* hDklin8 1 confernct M Si Ch￿1.¥ Colkp.
This yeer St Chd'* College (fr￿1￿￿) L*nited mwk a ncl profil of £61.551 (2023.. £50,903). SRles tumov¢r
8eKt¥t¢d the E45t¢r •nd Swninei Y*￿10n £303,1 $1 (2023: £342,486). 'fh¢ colle￿ Ixwcd 24 WLuklin
4thuinR the futhr*i•l yY4r ¢ndul kOrynb¢r 21r24 w4p4red wilh 24 in 2023. I￿(￿ne wethlin85 in 2fJ24
£126.362 {202J.' £112.5231. wt<bxiinaMly liibked with the w¢thh'n8 rtkbrti0Tr5 thcrta*d to £31.923
Q023: £41.784). CJr(y Its$(le￿in1 iKK)kin85 IOWTT hrMcYer in 2024 at L16.157 {2023.. £33,4%9), Incthie frc4n
)nfe￿￿e U0.182 (2023: £81.2521 Tk bed & iYeak&M by 31% ts> £1)0.781 Q023:
£09.315))
Intrt5kn￿1 I￿lme l¥s ¥Kre4*d in ￿ year lo £lOI.101 r202J: £74597). The inuew in invemmeni
Sw1b￿•ble io * L2,(KA),000 l¢gKy laccounted for in tht yo*r tnd¢d 2022) invrsDDWrt rrtums thi5 h
8e4J¢Trtcd. £1.500JXX) of Wy I￿1¥￿1 In Ik£iTrb¢r 2022 and tlx ￿11￿(¢ r¢4¥i￿d '
ju￿1)￿1y 112J,
in year £248.737 f202J.. £294.354J.
Don*tiLMd for %holathip to £00.219 in ￿ year12023: £63.$42). I￿rin8 Ihe y¢•r a £25.IXJO
r¢c¢i7rtyJ for ik Collese Fund (2023.. £1250). Ury¢4ricltd <k¥MtillllS an10￿1￿ w £15,730 {2023
£3.SS1) •Thl t￿9¢ fimd5 wr¥¢ &ll0￿lcd iow*T¥ls fundi￿ ihe lh¢ on¥oin¥ Ixbilding Jrfitrbtthmcrt wowrnme
1r1D￿ Ik colle8t etsE¢ Fwihu doM¢ions fi¥ ¢olEy buildrngy in year ¥rre U,938 (2023.. £20J25).
C".l¥d's Ldle¥¢ Junior C￿?Mon R(wi •¢¢ounts wue ¢onSolid￿￿ In￿ ihc accounts I" Aryil
2024. Ilistorir•lty ernity wths A xpwHie Unl￿orpO￿￿J aSSOCi*Lion. Tr orKnin¥ bhl*n¢e thi fm15 of thc
Jwiw common R[￿¥￿ weie El 21,267 and the* fund5 IlKI￿ in tIK gr(w *ccouThlJ *$ • ￿1nded
don•iion tn ihe y•r.
In Il* pri¢* ytir £140.80] rnijcd for ihc ChaFI Fun(T IIK College ChafvKI linden￿1 a full ￿￿￿11￿1 and
r¢fiubithm¢nL The priu yw ilx) includes £￿,￿￿￿1 rcl8ting lo of NlaiJ(kla 1.iiho8T￿￿ 8ifted to the
Colkge in W 2023.
I￿(the frthi le*1￿h *%iviiy WLS £2.338 in fLwr¢rt YUT (2QII., £68.963). Ihe rese4￿h incun¢ r¢￿t¢s io th¢
WDTk of th¢ Policy and Prndice Researeh fJiiM4), led lry Prof. Iwy LI￿pM￿n. No Th grartj fftttived in ihe
ayreni ye4f. The next of gT4n¢ inrThnc 15 CXtKrtd in A￿UM￿ of 2024 for Ihe next ￿5¢ of Th¢
Cull¢gc rccogni5cs the Val￿ of the work bein¥ undertAken by w rt5¢8￿h￿s w¥1 is keen to muinihin lh¢
relat￿thIp il (Ylil)yx wilh ils ReSea￿h F¢lltM5. Tr Colkgc Se￿ this os an inwl w of deliiuing o s0¢1
val¥¢s •rnl dr¥¢I￿11n8 ts relatI￿ShiP wih key •¢r(w the rryio
d)
Tht 8rfwp ¢xpxkd i(*dl pr LJ.213271 in 2023r24. ¢omwd w Q126.356 in tlr Y￿1. Thi$
i4￿￿nts ￿ incrcos¢ of lJ.7%
Th¢•m5 of exp￿￿11(￿¢ Si8nifK¥* differe￿¢% ￿ be s¢M v¢ ss fDlkm:
P1¢mi￿ eo4$ i￿reas￿l in yAr by 18.rh ¢0 £862,OJ6 (2023.. £n5.579).'
The Collcge has J new fixed ryl¢¢ ts*ryy CMinKI in plTr¢¢ ￿11 rhc end of8eplti?Ibtr 2ff25, Enew ¢0￿5
ve hiBh¢r I￿n tIK prior yt4r *1 £256.35612023. £121.924.) io ihe In¢￿se1j ¢l¢clric
13

Si Clxd's Coll¢¥e
ofih¢ Tr-Th**ial
ihe )Yw¢r¥kyJ SO 20Z4
t undet ¢￿*r*I. Ih C.oll¢8e14s er%ernl i￿0 i fwther fixd for the 2.pr
periL4J axkd 5crn¢mbtr 2027. ertr8y CL￿ is ¢xpcctsd fill 10 £2(￿1.￿0 1*sed on the
r•ws a8raMI WMI ¥iurqbt ¢ipnNimFMI￿
tt￿1 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
i￿1￿k E62.199 its th¢ within Ihe Colk8
y)r JMuni5¢5cosb wat * hi*oric VAT cttdit nxti7•%d in the yoar of £54,374,
Stwjrni ¢O#s h*rr4se41 in the y¢•r by 122% 10 £447.597 (21Y23: £39&821)
The hms ttwiAte41 its level #8ff¢m¢nt with UnI￿lIY f¢w Cffiiwiin8 &
Inf0M￿￿ort 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 COm￿￿￿1ve 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 ￿l￿r$hI￿ •nd irw4w¢ lo £57,187 (J)23.' 42.6141. (xhN exFw¥Jllu￿ Io usi
ud¢nls fwKkd by (kNMlionJ i￿￿$c￿ io Ql.931 {2023.. E6.122) *ThJ inclth s(hool visit&
p)'menW mul Ixmsuriw opprK¢unily p*ymEnis in lh¢ y(*i.
The Si a#d's Colk8¢ knk¥ c￿RMOn Rooffl ¢%pwliluY¢ el￿ndl1uff tn the is
£1172T212023: nill The JCR 11K￿POr&￿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
cO￿s thcrtased by £26245 as ¢mploytr ¢onirl￿tIOn fate fw il* Ilni•trsii￿s Supualrnati￿ Schune (USS)
motrtd fTtwn 21.ffh to 14.5% in J¥bWry 2024. The University Ptnsion Schcme (DUPS) (mi)loJtr
con1rib￿lth Me moved frmi 24% 10 l5.J% in Augu￿ 2023. The ir*r¢*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). P*y •dJU￿￿1￿￿S am(wJnlin¥ lo Incr￿ of £18.12)
We￿ ilx) madv In Augu512024 fDlloMing a full review ofaaff rdcs & rwsibilities.
Comi￿￿¢111 tradi￿ vrni1￿% ir*cwrtd ¢o%ls ihis yur of £ll)0.6W (202J: r285,583) rrpTfsw*ing 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 i￿U￿ed IN the year ￿rIe £113,170 {2023.. £128,677). Fyior year ¢4)sls h*8her the
of¢$sio￿l ftts in¢unvJ in of th¢ l*nd & buildiny ttvalualion in 2023.
The Colk8e co￿1nL￿ kn) work hrd to Ukwre the delivLYy of4n ex¢¢llu4 and ¢%perieK¢ ih
¢xcrfds Il* of our Ind ¢[mu￿￿(la$
14

Lhd's Colle8¢
Rqui oCih¢CMThYn*irs1Th1 FI[w￿l￿ Suiffli¢*s
l.'or iht y¢*r 30 2024
ResErvu I'oliry
Re*1￿¢d L
2d
'f•ial £
I￿4
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 ¢¥pl￿1 rtfiwbishmcmi prDi¢d fr￿ ny•ibbk ￿serVe￿ Pliiincd c¥Jilil
¢xpenditure ￿ our buildin85 0￿r ihe nexi 5-10 yews is exw¢d ¢0 b¢ in Ik rtyion 4)f L3.9 rnillion. Thjs will b¢
fimded Crom i￿ll•bI¢ frry Iwine$5 wIu%¢5 WHI mld1lion￿ ￿nk 1frequi￿
Chd's 1> fiMun￿¢ ts h0￿ Signif￿1￿ of£15,1¥2.556. but Orth￿ are
invested in buildin8$ 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 ￿ cfjll*rnl for ￿￿wIn8 f*cilil
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 ¢wrM￿Y ¢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 s￿1￿￿ ces￿lIe￿ OC ￿ main kr¢onie llow$ (priinarily re$iderKy i￿Ome 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 w￿r￿rided
iDv¢s*n¢n151 unutiiixd tA)MwI￿ &cililics lix.. wted Overdra￿ (x undrnwn 104ns) w ¢o¥¢r thr¢¢ io fsmw
{&pproximThiely ort i(ademic terni> orn0m￿l exwMliluYe.
Al Il* Lwff¢ni lim4 thls 7hx>uld iThlic&e the taryet I￿￿E ￿ be wlaiknbk of £737.000 10 £983.IMXL l*ld ly
liwmd #Thl a￿11¥bI¢ I￿￿rDwIng f4ciliti¢& At th¢ y￿r Lyxi thc kvel of •nd ￿¥¢￿1￿￿11
he141 w•% £4.59.473 12023,. £872.J78) and the uniiiilised ￿M)WIng &cilttbes *bailibl¢ £].(￿.￿11
{202J: £l.m).(1￿l in thr of facility. Th¢ iosal li<wid assets and ￿T￿￿111st￿ Ix)m)win8 ai ihe y¢
end was £1.4W.4731202J.. 11.872,378). which li in exreu of the Iw.
GoYL¥nors miew le￿15 iwiKss foreusls aod ty￿￿170￿ on • l•is. Th¢ r¢*r¥
li￿ will ￿ sthiecl Io • s0￿mor review aMu•lly. with next review i*i¥t J￿¢ 2025,
IIK ￿n¢1P￿1 soiir¢¢s of fwKlin8 fw y￿r lo 30 SqAemiYr 2024 maither1￿ce ftts and Colie8e
Feo frryii t)uttwn Ilnivr¢Ji¢y. well genen￿￿• tlwou8h ¢iMmw¢i41 tr•Ji*8 •Eliviti¢K #knini
¢M)n5 9rHI gTrift5 and ￿l￿trd rcscaffh ?c¢ivily.
ID•"¢ilmeA¢ policy ￿r[OrMance
11)e Gth'(Y￿trs 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 th￿n¢t is wnsi&r¢d *&quAI¢.
h)
Th¢ ¢Th￿l(￿¥ th￿ t1￿ value of the I￿lIdin115 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% Valu￿10￿.
15

Si Chad'sColleg¢
A9￿ oCth¢ FinorKi•l
2(Q4
Dis¢k￿￿Te •li*fonNatwJ* to #uditor
Th¢ (pobynxvs who kld offilx •t Ik d•1¢ of Ik •pWo￿t of Ihl$ Rep￿ ¢onfimi ¢h•L ￿ far *s eAth is
is no ludii inf(*m*i1￿ oCwhKh the Colkge's It￿1￿¥ is wwir¢; ¢arh hw5 tsk¢st 411 ik
hc or 5h¢ ou8h io lakth •5 1 (iovrynor io m*ke himself or herxlf of•ny rtI¢V￿ I￿111 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 will1ry￿S 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 WO￿lru￿
Cholr of
11 Norfh Iliil¢y
t￿l￿&M
DHI 3RH
I V De<ttnkn J)24
16

Si Cl￿d.5 Colle8¢
R¢pMofithe Flrw*'d s￿¢M￿s
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 AwM*l an(1 the fimrKiAI #thitmethts wilh am>liAble14w ￿ Uniie41
Ki¢wdL•# Accouniiw &•nd8rds (Unit￿1 Ki[b8d￿n (thmlly ALwAr•J A4wlrtl￿ PrnG¢I￿).
Comwiy hw ￿￿1r¢S so¥enkYs 1¢> mrc flllWI¢IAI cxh fiwnci•l ye*r 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￿ expertd1￿rt 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 con81A￿lY.
Obs¢￿ the Ind ￿#￿4?1¢$ in th¢ Chriie5 SORP:
m•k¢iudw¢n15 real0￿b￿ ortd prth,
ipplk•bk UK Are￿￿￿1n8 StsndDffds hv¢ been hllowe¢ lo any m*t¢ri•l d¢Fwrlwc5
di%14>%d •nd ¢%pkninEd in the fiJvdnci*l Jfa*m￿S. •tsd
t￿ fin￿111 ihe 8oin8 l>•sis unl¢95 it is in•rvwil¢ ITh thBi th¢
chrtlAbk LThbwny will ￿￿tIn￿o in Iwin¢
The wible for ke•)iry P4xr xwunIi￿ (¢rc¥th ihi disr1￿ wuh It￿￿•ble
timc f￿￿1&1 ￿￿5•11￿ ofihe chwitsbk ¢omwy wJ¥l U￿ble thii io ¢Nitye ih¥i ihe fiMTrcilll st￿£￿(ntS Comply
wilh cl￿P￿]eS Act 20[￿￿. TTro are alw rt4x)n$ibl¢ for sof¢¥i￿rding the gssets of ¢hrithNe
the group and for feasonhN¢ SI¢￿ r(r ihe pY¢vU￿1Cth ind dLl*diM ol fra￿1 and ￿h¢1 iryuknriti
In so far as I￿ 8ow¢mm ¥rt*wwr."
thtrn is no rekv•* •¥tht inforni•tiDn ofwhich Ihe d¥riMbk Lyjmw￿s I￿￿119r 1% unwwt;
lh¢ hv¢ t*k¢n all 51qiy th•i thry OLBhi tsken 10 tlKm5¢1ves *wMt of any ￿￿v￿rt
•udil infonn*tb￿ 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 Kin￿1￿ 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 *udi*d sthitmerty ofst Llwd's Lollryt (the'lA￿ thwitable c¢thr*ny') irs gubstth•r
(the 'group) foT lh¢ ¢fid￿ JO S¢Omiber 2024 which t<￿pIlse ihe Slatema* uf TriAklKiAI
A¢livitiA Ihe C.<Ml%￿Èl181rd Ilalan¢e Skni, Chuily BDiD￿¢¢ SIKd. lh¢ Consolt4knkd gal¢m¢i* of C•yh FIOM
¢he St&l¢mThl of C•sh AdivilKs ￿1 lo Ihe fin&ncixl ￿￿eMen¢& in¢lwlin¥ sI8Trif￿a
I￿￿￿)11￿¥ polieitt Tr fin•nci&l repjrting frnmewo(* haj be¢n thpplityj in ihcir is awlicable l•w
•nd unit￿ Kingdom Ar￿￿￿1￿8 tn¢ludin¥ Fin•nci*l Re￿IThg Stsnd*rd 102 Ilt R¥p¥il
lo￿0P￿￿oIj1e l# rlx* IIK (n*lRe[M￿1￿ of1rel(riFd(Uni￿d KI￿Xn (iertrnlly Ac¢wul A¢Wmll￿ Prnelice).
In o¢Y opinior> th¢
iw¢ • #Thl fair view of ih¢ 51ate of th¢ gny's puent dMrii4ble co￿1p￿,3 affairs as at 30
S¢oembtx 2￿￿. arml of the gmup's i1￿(￿￿1n¥ Itsour¢es awjlicwbon of resourrcs iKludin8 ts incth¢
xl ￿￿nd111￿. for ihe year
ve popttly in 4¥Tor<kn wih Uniird Kwjw CKw•lly A¢¢q*l Acrywaing PEXt
have 5¥yrnI in wilh the requir¢M￿¢S vfihr Cfjmpnies A¢* 21K*.
We ((¥mI￿ed •wlli in with Imem￿O￿l Stsrthrth Auditin8 (UK) {ISA8 (UK)) •pplxable
l•w. Our rtsponsibililies linder Ih05e sts11(tsrds nyt further described in auditor rrspon5ibilili¢s fly uudi¢ or
f1nft1￿l•I xc11￿ of our r¢rK)rt W¢ ￿ I￿*￿n(k¥￿ of the 8roup t￿rith￿l¢ compAny i
•¢torthntt with l￿￿•1 reqiiirrmenls 4r¢ Tele￿￿ to 4)ur iudil of th¢ 5t*tmieNs in the UK.
inclLNJinB FR(".'$ FAhKMI SiaNknrd, •NI hav¢ fulfilled dhiLxl r¢ywibililiu bj) •cCOrd￿ with
rc4wiYrnbcnii Wr b¢liev¢ thDi ihe I￿111 evidentt w¢ hv¢ obiain¢d is suifi¢icnt apprtyiite to pmvide
b&si5 fDr (wJr4JPmiOll.
In adilin8 t1￿ fin￿(1￿1 sthicrn¢nt& ￿ hve lh￿ CHI￿¢￿. u1¢ of 8Ding cuK¢m b*sis or
¢minlin8 wyrnlion Of￿ fiJwKial ￿lleMentS is approwiak.
Bastd on ihe we hllye Wr￿1￿1. ￿ hav¥ ithilified any M￿¢nI1 uThc¢￿1￿lcs rel*tin¥ to everfs
Jill￿¥ th¢, indivi¢knally w eolle¢tiYely. mlly c•51 siKnifKini (kth on the and prrni Ch￿1[￿blE
com￿ny'S abilily to corjlinw a3 1 8oing ¢un¢trn for • wiod of d Iew i}￿1Ve tnonth5 fTh>m wlxn IIK fiMN¢i
5tsle￿¢nts thi￿horI>%1 f(w i$$￿.
(Xw reyPx￿IbIIItlC$ and r¢5POn5ibililiM of I￿ Govenm with wi to duLTitKd in thr
v•nt *¢lions ofthis rrix¥l.
hrr l•rforMprflon
'th¢ tnfombtion rt*nwises lh¢ inftymfjiion ir*ludc41 in ihe ann￿1 ¥¢w)n . ￿h¢r than ihe fI￿ne1•1
ltyll¢￿1 and ow &￿IllOr.5 IIK (ioverTh)rs f()r the rthtf infLYmYdtion. ()w Opini(￿ on
th¢ fmwiil ststemeNs does cvver the infomiaion 8n(L cx(Ypl lo il% cxiem oih¢rwi% explicilty in
(w expre55 any of•55urn*¢ wKlusiM Il)effon.
(kn TE5p￿￿'lity is to rud the iiifomsuion and in doing so. ¢<￿1der thp rfher infNzn*ixyJ ti
mal¢ri•lly Irwmisttni with Ik fuwKial #￿¢¥n¢ntS FJK)wled8¢ dtsii*d iii tho courne of the audit
othcrwist *ppors lo be m41erially misstsltsl If wt idtnlify s￿h material inc4)B5i51¢n¢Ks Ip￿￿1 m￿er1*1
In1&8ta*menL% are roquir¢d lo drternli￿ Ihi¥ rilt its * miierial nii551ilemcnl in thc linm¢iAI
4*tements lhL￿SeIWes. If, b4%d i)n ihe WO￿ ￿ have wfomic4 w¢ ¢on¢14Kk thii I1*￿ 1$ A m*kd•l
f ibi% 1x￿r inforn)aliO￿ w¢ r¢qUi￿d ts report f•a.
We haye noihing ￿ Tepxt in ihi>
18

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￿ bA*d uhtsi*k¢n courx oCth¢ iudil:
tht givcm in of ihe Cin¢rnors whlch wport prry4￿d for thc
purpx5cJ of ¢(th￿nY law. fw Ihe finincill ye4r which ¢tr¢ 5thtements •rv wer4￿11$
$i￿rnI wilh the fiMn¢ial stsicmw Ind
lh¢ dirwlLWS' in¢lwkd within tht of the Oov¢mrKs IA% be<n Fry¥red irk with
,IIMffen trqvlredi• reiwrtby
In the light of ih¢ knovjlcdgt ￿de￿I￿lIng of the smup aNI ￿1ren1 d*ritAblc cvmpwry its
obthined in fv CYAYY of lh¢ ll￿11L wr habr i￿111r￿d m￿¢1717 misstatantths in tl* dirtdw. Tq*KI.
Wt n(Khins lo rrprt of folk)win¥ m&ll¢Ys in to Y*thich ihe ComFmnie5 Ad 2((K• requirej
5 lo r¢port lo if. itt Our opinion..
adcwile KcouMin8 ree(*ds hve b¢¢n kq* by thc d*M•ble ¢unpr>y* ty retym for
tyir •udii bKii r¢(eivcd from br*neky nol wisiid by
Ihe wieni clwitsble cfynpny's finwKMI •re in with IIK rttMls and
in th'9closuros ofGovunm' IMiiirt¥#i(m SFKc•fwd #e rn￿. or
we Tr•v¢ Jr(rivd tlx infornwi￿ expl￿￿11￿￿ ￿ ffqui￿ our a￿41(.
Respomslbuhlu
As ¢xpl*irfl morc fully in CJOVtnws' res￿￿51b117f￿ 5th1un¢nL c￿Vl¥￿￿f* (who ar¢ *l¥o th¢ ditN%LY3 or
the pAreni chkrii¥bbr compl￿Y Ih¢ pwposes of c¢Nnp•t)y l•w) &r¢ rt4X)A5ibl¢ for ￿t￿rnI1￿1 of¢he fiMrni41
suil¢nKnls and 14x y1isf￿d Iht IPKY gi￿ n InK f&iT view. and for s￿h inl¢mTrl control GoY¢rncr5
deterniin¢ ty I*CeSMry Iv W¢FWat1￿ of fwAn¢*l ￿lI¢m￿lI ¥¢ [￿e m&l¢riil MI￿14t¢￿a
i￿1 due io fwllwj or ¢llDr.
In prewtyw ih¢ fin4rxial the (io¥enus *re ￿￿￿￿ble fijr •sK&%ub8 growb aThl p•r¢ni ¢hriithble
compny's •bility to conlim* Is * di￿1031￿ ￿ applic4ble. m4lm rehied io Boing and
Using ￿ Boin8 ¢orKtrn h%is of a￿￿ting unless Il* &vemors rrtlw Antcnd to IiquKIMe rl* 8¥wI w prent
d*rithbk r￿pInY (ff to c*ase or K+ Jr4lislK ah¢rrnti￿ I￿ io do J
(Xjr 0bFcli￿S are lo 01￿1n abrytt fiMn¢iil ￿llerne￿I5 as a whok •re fie¢ fr
In•ieri•l mi¥51JlmOhl. dw io framd or e1ll￿, •ThJ io •￿il￿r.$ ih•i i￿1th our (yniorn.
ReDs0￿ble a*SUr*￿t 1% J high level of assur￿< IKrt is ihM in *Lhlii ¢ondurtcd in Ko)rdnrKt
with ISA> IVK) will mMerio1 wh¢n li ¢xi5t& MlsslalLryTr￿ts ¢an irisr or
¢rrvr arwj irc consi&vTrl mairfi•l if. individully or in tIK asw8tt ¥￿ild re4wnAbly be exi*d¢d kn influ¢1
Ihe decision5 of u5ry5 the l*%is ofilw fminci41 5t￿¢￿¢nts.
Irr¢gularitie5. incl￿1￿4 fYathL tyr¢ inst*ntt5 of nON-Cryn￿lBnCe with W1￿10n& We th)$1￿ in
line with our T¢sp%￿1b1lil1r& wtljncd abo￿. to kn m*l¢TiII missl*temcnL4 bn of irr¢y14Tilies includm8
frn4¥L Tr cxtsnt ￿ which mxL%kntS Aye Cl￿ble ofdd¢ciing irryth'iie& in¢ll￿1n8 frnud is ¢ktsit¢d behw.
We uirtained an of le881 ortd ff¥li￿lIry frThmew(Kk ippltsblc ly*h the •nd Ih¢ industy
in whK* il 0￿ra￿s. W¢ b&niif*d an¥s of rc8ukoiM)ns whi¢h ¢Thild reayonDbly be ¢xp¢rt¢d io
mweTi•I effeci on ￿ fi¢wKig1 ￿te￿I￿*S from expLYiMCt throuth with the go￿r￿￿1
4Th1 k¢y Jnanasuneni ￿￿￿¢1, I"he most sig￿lfI￿an1 Mleniifd •% ¢h¢ Ch&rrties Ad 2011. C(knpnies A¢1
21M)6, UK GAAP ITrRS 1021 •nd rekyani tax l¢¥isllltion. We ¢￿51&re￿ the ¢xlMI of MmpliwKr with thise18WS
19

81 Cl¥MI'% Coll¢8¢
For il* yurathj Xl s*4￿1￿202￿
Our audit in r¢I•ll￿ lo inrBul4rities iKIL¥liry fr•wl •ThJ &nxtyKes of Njn*￿plI1n¢e l*wJ *tyJ
m•kin8 iTHpifi¢5 ofthc (XJVrr￿￿ m4nwent as to ¥¥tr￿e Ily cry￿1¢￿r tkn to be a iuKyxil*lty to
fraud and wknher ¢hey have •ny knv*4ed8e or of
Obthinin¥ an undeNW￿ln8 of inteNwl coMro15 ¢5t4blithrd io miii8th ibsks to fr1￿
plwnce with taws*nd ￿Ul￿1￿$,
R¢vi¢wiw4 minii¢s ofdxxT¢ ¥hrg¢d wilh
AsJHsin8 th¢ risk of ovwrith of contrDl4 I￿&￿11￿8 Idethi￿"ng ind it￿]n$ hi￿ jowml
(m￿11n1119 ¢¢n1Inn•ti￿ from th¢ b*nk¥ Ind in¥e*1m¢￿ JO
2024;
ChaIlryi￿8 assumpliorLi *rd jii(4•n¢nts m*k by in their Si￿1r￿an1 4ccounti
e51im*c& pnrKiwdlly ihe vjlLw¢ion.
thc wthrcnt limil&tions of an is a risk Ihai will All Irre¥ul*riiie& i￿ludITI8 iho
l¢•dins io a miierial Mis￿l¢M¢￿ In fimnfj•l rtaiemeN5 or non<0mpli8￿C 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￿ ￿nIS￿o
or miYEwes¢nlilion.
fwther d¢xTiption of
klaud.i0f￿*￿1i.
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* Cmi￿ni￿ Ac¢ 2(KtO. Ixem uNlutsken 50 we migm io chatitabk ¢wiwy'3
mcmbLY5 matt#r3 we req￿Ired 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 b￿Ly￿ our rtwt. or for 4)ini(¥ty h#ve k)mKd
Cwe
Cr*i% Hfndrr5Dth IStn6Trr.Sl*l*l￿rY 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 (Al*tffm 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 *u*d.lQ.trNfTrihcr2024
IlvNlrltlt
Il•re*Ylt
Rt•lrfrted
TDithI
1024
1&736
163
￿)￿1
34K7YI
Jy
1.91L
IJ
lJ•J67
JJSSM? 4172￿10
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
J97J*4
I￿.1?j
(23K140
J97*W
ol•J,7Jl
oi.
•39.1?7
16J1￿5
7211116
6J61
lJJ9JJl
iJ,lii.US
All of resulLq derived kMtimitn8 •CtivitM Tr 8roup kn no IttO￿l￿d ¢tl*f
Thr p•p 25 to 43 frym W oftknc fU¥n¢1￿ stata
21

Si Cl￿d.$ 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.(
I￿￿39
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
I4￿j?7
C."red￿•r& f411iwikn
Jc¥
21
19U52
Iiwoj)
1&18L&
14,421074
Gr•wp
Kestr￿l¢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 M*rk Wotylrwir
'halrofGovtrJw5
R¢81￿¢1¥￿ nwnlv. IM>II)9442

Si Chad's Coll¢8t
Rqm ofih¢ Fuw*¢thl SwL*berts
30 Se•J¥ilw 2024
Charity BAIAnce Sheet
4rl.lQ.SeweiNher 2t124
2•24
Fl%ed *sJte%
TJD8ibl¢
ij
io
12*17.819
11.379.224
I2￿7￿0
I lJ79225
17
18
6.653
3SJ,492
2.413,972
l.Q25.n7
119.1
rt4¢nn In￿li11t￿lI
JJ2&214
3JLS9
1611J7J)
4.0&9.894
1961,M5)
el ¢urreMt
184
3.101249
T•t*l aMtl• t•vr¢•i Il•hllid
iS21US6
14.417.474
112UOJ)
14J6%171
C*rn*P 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$M￿lI1 ALiivilies fur the C.h•rity an individwl U4ity is not w¢¥¢￿t￿
Qlthrity hs of eX¢￿)irti￿n offcred by Sedion 41)8 C.hwilies A¢t 2CI)6.
TheK fmineijl wu¢ by tl* Go¥Yrnorg on IV D¢￿Mber 2024 •nd Si8￿j OA W4lf by:
Tht R￿'d fr r Mark Woodruir
C"huir
R¢8iX¢rt¥J nwhber. fy)109442
The ncl¢s ￿ ￿$¢9 25 to 43 (mn o(thrs¢ I}r¥u￿*1

81 Chd's College
ofih¢ ￿¢￿¢￿9
JO 21114
Consolidxlcd 5t¥temenl of c#sh flows
for ihtyertr t￿11￿￿J(l.$ePIe4lh¢r 2024
2023
Iltyws lyw Adlvlilt*
6J5J76
3.1￿.
Awii*iitonofi8tyii* fiA•J
1874A1201
12JIJ9J551
11.239.192)
(W75
offixrd DWts
Proc•>Js from th4￿￿1 of st*￿•*m1
8YJJSS
11 JO%76n
'l•*Mrlry #til￿110
129.9311
129.9511
IU4U951
C45h * IIK >w
2J22JOI
I.ty)1207
C*Jh 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
I￿￿Tt￿Y1)ea¢aX in *0&*
1gh.(W7
¢•bh I14￿ f¥Km (w•dr• ￿1vIl￿5
3.156.179
A•*lysLi ofClJ*nitJ l* Nei De
Lashnow ()IhtY 30 knPttM￿r
2014
2112J
CAth*
2.122JOI
(226U951
SS3,773
{29.951
29,9Jl
(29.951)
129.951)
1121JO3)
29.951
19LJ521
2*XI,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)¥¢n￿6•￿t liiwKiol
30 2024
Af¢ounllNg polltl¢
The fm•xiil 5t•l•nats br￿ p￿￿red wilh A¢￿￿ntIng ReP￿in$ by Chw*u'. ¢4•¥ynenl
of RL*LYnmo#dcd P￿litt •Fvliuble lo thwilie5 Pr¢￿[1￿8 ikir with ihr FinwKi•l
R¢p)rtiDg' Stand&rd Y4p￿1(able in the UK a￿1 R￿*￿iC 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 t1￿1 IIK 15 8Ne lo owlle f(K ihe fafLYLYable on bftsi$ vf knM)wn •nd reo$4r¥ble
Oi¢X￿ f¢SOiLYce& The￿ Ire Th) rnaiuill unK%rt*inEie5 in rrsprrt of grnip'5 abilrty to cortinuc 8oing
¢(¥K¢TrL The G(wcnKK5 rnview and a ththiled 5-ytw for the Cjrywp iii •dv4n¢¢ o( ¢Kh
rin*rniHI yar. The￿ is a ¥wnificoni ftKUS rn firtwr ￿sh￿o*S Jnd IiqLUd￿Y •5 t*n of ihc Ix￿1 review.
quartCTly maiiagemull accouJ*s c104ely moiiitfftd. Wbd thes¢ i￿1￿(1¢ <kiailed usbth>ws and forec￿ proieclio
for ¢*Jn¢mi )w and 2 I1￿￿r y￿15. As J conW￿n¢C, tl* (lo￿￿￿￿5 bclicyc the gTOUP is ¥*ll plxed
its busirxv Jisks ￿￿￿&*fully •thl Il*rtfort h4￿ •(ky¢￿1 rhe BOin¥ ev￿¢M ￿3•5 of in ￿t￿rITe
fin￿￿11 sthiunenES.
The financi*l ￿#tementS ¢(￿￿￿11d&* ihe re￿1115 of I￿ chrily and ils wholly ffiJb5idi•ry
Ch•d's Ldk8¢ (frndl￿j LirniiKxl, (m • li￿by-ll￿C bast& All fwwxial #arCmu￿$ m*de up ty 30 Sewtsnb
2024. ¢￿￿4#¢nI *ttOW¥tnM ￿￿1¢$ lye
A Si*m¢ni of FiMrKiil Il¢ti¥i¢ies In¢an¢ nnd A¢¢4Xrt ihc dwity b¢¢n
PWC5cnl¢d the chwiry ralen adb¥nt*8e of extniwim by 408 of ihe Comp￿1¢$ A
In •¢cothKe with FTIS 102. lh¢ amrity PAS i•kM th*nt•ae of th¢ ¢x•nwioTh$ fr¢ffi the following thJcl(6u
quiran¢ni&'
Se¢ikon 7 ofc.&th Flo%￿. _ PI%seN￿tiOn ufa of C4sh FIDW Thl r￿¢¢5 4nd
discloms (in rcl&ion lo the Charily's own gxtemcnL of cth now$- t ¢wsdid)¢¢d of Ilows li
in the% fin￿1*1 *ts)enls)
Group ts • Iwniied by 8uornnlee. Tk Mambry% of ilK (iw wt th¢ (10￿mM orb PBe 2. In
the lh¢ tsmup wound Imkn'liiy in of th¢ gwyi*¢¢ 15 lThiitsl ty £1 of th¢
(ir￿.
Desi8Mal fwmls ¢omr•i# oenenl wthi¢h been ￿ ￿lde at ihe diKrfion of tlK Gnx4) (wwllin8
f￿ wi1Sc purprrfes 'n* u¥¢ of il* thsi8rn*d funds oul in 26.
R¢stria¢d Ar¢ fund> subjwl wif1¢ ￿lrIc$1￿ c￿￿1110￿5 1rnF￿ by fi￿Cra or by thc pwp)Je of tht
aAxal. lTh¢ ptsq)oye u5t ofthe fvr¥L8 are xa out in JwA¢ 26.
All in(tyDc wxl eX￿￿J11urc Is sh)wn in thE Sthtsnent of Fiwicid A&YiVitie*

Si Chd's CoU¢8C
Rry￿1 ofik Fw¥•rKiAI S4¥x<Therts
JO Scpiathbtt 21)24
Noee5 (conlinued)
Incom
All is recogntsed *4btn th¢ (3riw oniiil¢d lo Ih¢ fvnd& l&¢li1x¥￿ of ffr¢ipl i5 prvt•bk the
•moLml is me•surdbk'.
Fe¢1 inwhe coniprixs (koup k¢% mikni¢nin(x
(Xh¢r C￿￿￿.5¢S 8aJ'A4 on di4￿1 of fixed amets of•lwnnb mty¢hwndis¢ v•riuu5 pthli¢•tiu
and dher mix¢lhn¢xw
leWi￿￿mPriX gih don￿lOn8 given ty the F￿ra1 Ind Ixuin
I￿(￿￿¢ •rtiin8 frMi ley¢i¢¥ h r¢Cw1s￿ in ￿ finarrfi&l stskm¢fftts *4wn ih(t grw ij of
erbliikmkY*& bl is probAbk will be wivtyl IIK ￿lY￿1¢ dEfll￿
l-ypenrftsiire
All expendilW¢ is r¢ffgnssr4J on ihe •¢￿ul15 besi& Chuit*ble expuKlilu￿ ¢4ynwiAu exp￿￿11￿￿ vekn¢•np io the
direci f￿￿￿*Th(e of1￿ el¥ritsblc obieaive$. Whert onrN)i di￿¢ty knvc bccn all0￿*d to
iiviiie$ a lusi5 ¢on515t¢TK wfjh u5¢ of Cu4T•I o%rrfx8ds •rt ￿1￿c￿ed wi bxsis of ikir u
with ihc •im of ensur1￿ that ihw c￿5 rem4iiiin¥ within •dminixn#iM ff lat¢ lo ih¢ of (n)￿P.8
¢& thini#•iion Ind ¢tynpliwK¢ with wn5tittrtioMI st*wory rryittmeni
Irver4>vernbk VAT is includEd expux *there 4yopti
costs
(M)trMMnr¢ ¢oA5 iwluth tl¥x ir*wrrTd in the 8OVLYninc¢ of the ¢hrity MThl 11$ •¥sdS ¥¥J primBrily •swcii*d
with I￿1 X41uW r¢quirtm¢nt& 'thw 4U¢ itKlud¢d withiTh ￿￿nd11￿￿ wdivilie
Forelzn cwrreHeJ'
in rtX¢iBn crnie5 Wre tr￿1$1￿CAl to C4M?pw or Crfoup's fwikYAI ¢umrty *t ihp forni
txd*n8f Thtr wlins ai d)e thi¢ of ihe trn11￿￿1M. Mond4ry •M¢ts •rKI liabililic5 thnomiMtcd in forei8n cuThencics
41 ￿lI￿re d*e are retr•nSknk￿ 10 ihe fwiLXiOtwl curytw al thr fo￿18￿ ¢xd*n8e rn¢ Nlin¥ li ￿￿¢.
Nth-morwry li&lAlities ihthl Are m¢¥w￿d in lerms of hi￿￿1(&1 COA in a forti￿ euN¢nry &rc iransliied
Ik%in8 Ihe cxchry rate #l the dite of iran￿11(￿L Non-IiiOnLXwy a%gets liibili14M dpKminJ1¢41 in forrign
¢UrreiK1￿ lh￿ •1 f4ir ￿t￿nSh￿d io ihc funcliornl cwrery w forei¥n exch&ThBt rulin8
Ihp d￿¢5 ihc (iir v8lue was delernii￿d Forei8n cxcFMn8t dilytttrtts *ri$i&s on Ir•nslwion rKo8niKd in ih¢
st2￿M￿￿ of Fina￿1•] A¢iiviiie%
IKitre￿ 4Ad IAlfreJlpay4ble
￿l'a￿k RNI simil•r irKIL¥J¢ int¢1¢5t p￿Ible Ind Icasts recognist41 ui tht of
friMrKiil Adivities usin8 the eifeuiv¢ inkrea ￿￿1ndIng uf ik di$¢Th￿ on wovisions fo￿18￿
exchfjw l¢Kws ilw¢ Are in th of (s￿ f￿¢1￿ •¢¢ththil
p)licyl
h¥ YeteiY4bk Amillr inLThne i￿h*￿ Itttl￿ m fvnds inwted net exth•w¢
8#ir
Ini¢ml in¢Thi¢ ind inlwe4 ￿y#bI¢ rtawiixxl in &￿¢￿ent of FiwTrcid Adi¥ilbU ihey thr
cffective inle¥tsi Met1￿￿. thi'i&nd is rewis¢d in ihe *k*t4nenl of i.inanciil A¢tiviti¢5 ihe date tl
(Thn￿nY or Gn)up's ri8M to ww¢iv¢ pNym¢Tts is estsblisl¥xl. Foroign OWT¢rKy wns •nd lo￿¢$ ieixxted ￿ •

Si Chd's Coll
JO
Notej (conilnued)
IlwkJlnu•F¢lfjl l•i.¥lryppeiJts
Tr•dc ¥¥1 d¢l*ors inilialty al IINiyaclion pritc less 1t1ri￿AabIe INTh￿11￿n co8t& Tr&th and
hcr ar¢ rewgnis¢d iniiinlly at irnn5•ciion pric¢ pl￿ ￿trib[ABbIe th11b￿l)0tb C4JM* to iniii•l
rLyffjgniLIrf￿ tlw are mc4SUfcd at wn(K¢iJe41 usiii8 the efftttive ifflerL81 inethLrf kss kny lin￿1n￿e￿I ILL4Sts in
the ¢ayt trf lrnde If ihe llmingunenl c4Jn5liiutCs * fin￿￿￿8 In￿1￿￿1￿ if pllymry￿ ix defrrffd
bey￿1 rrnl Iwir￿S 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 disC￿￿bled ￿ i morkd
t•le of int¢reJt. SubwwerA ¢0 inilial reco8nili￿￿ Inlerul.t￿1￿￿l)o1v0Wlfi￿8 irt **ted al Mnwtised win¥ Ihe
CIT￿1￿ inkr¢st m¢thd. IB55 •ny impirnKnt
C¢vh4nd¢rtJh eq¥i¥derts
C85h and cash cquiv*l¢rtS C(Mnwist cth bala￿5 and call depThsils. Ilank obYfdr8fts art ￿p8￿bIe 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 sl*anenL
hfrjlwnckl Injlrnments
(Xh¢r fir¥TKinl in5lrumu￿3 ncl dcfinilion of BAsi¢ Financirdl Instrvmejjis are rtCO8nised in111￿lY at Ci
I￿. &kneque4M io iniiial ￿*0￿1(10n finaKiil instiiimtrfs m¢thswTd •1 f•ir v*luc wrfh ¢I￿e$
¢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 I￿lY irtid¢nthl
of #CqUiSiliiML Addillth￿ arr cupi1￿15¢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 ￿1￿01￿1 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 v41￿1￿ is I*A#ineAI, tlK dsn¢im will in to
detmino that therr are Thi ￿￿¢1111 dwig￿ in th¢ valu&tio
Frcthold land held *8 an is deP￿tal¢d. Frtththld pr(wiy t$ dtpr#I•l￿l 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.
DeF￿￿lution 15 FTrvid¢d rn all tUb¥ibk fixd ￿tE3 at r•t¢s c•kulBkd kn ￿11¢ Oftt￿ cost Qf Y￿u￿10Th, lejs
eslin)￿ed resid￿1 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 ca￿lder necd ]m￿l￿￿trI or asgcts on ￿ *nAulll bAsi& No d￿￿￿11110n 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 re￿1￿￿tI￿
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 #CwnUl￿rAl in eguiy, In
of thii i5s¢1. Any is ￿￿osni5¢d in ¢X￿￿1￿￿E.
27

Si ChKI'$ folleb
Notes fconilnued)
lJwpolnNeni Lrcludlipx Jlnrls. I￿￿51￿￿11*PrnPe￿Ie1 oMd*l¢rrerfiLY osjets
A not ￿trI¢d at flir v4lw thro￿5 ihe ￿￿tern¢ni ofF1M￿li1 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 indic*s loss cvcnt 145 W¢4wr¢d aftcy the initial Ihe &sseL 8nd thc h•d
• wiiTrr cffed on the estim*L¢d llo*¥ assd can ￿ ￿)MIl￿ r¢li¥bly.
An impJirm¢ni l(w in rtiFttI of& fin￿￿1￿1 Issel al ￿ort15￿ 15 cakula￿l difftyence
its amwrt and prwni IA1￿ of the estimakd r￿ule cath I10￿3 discourrtoj at the Nssrf'x ￿181￿11
eftedi¥e ￿t. For finwKiil m¢w￿d Ji c￿1¢5$ impainnehi •n impdirnieni is LYkulRkd ￿ ihE
dilTercrK¢ Ixtwr¢n rwryin8 •rnl ik btsl ¢￿In￿le 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, Impim*nl loues are ¥tCO8nixd in t￿ S¢aiem¢nl of Firm￿1￿1
A¢titrriii¢s. wh￿ • evenl thc of imp&irnK¢* IEk%s Iv de<reas4 ihe d¢¢r¢ase in imkmirmenl
105$ 1$ mvycd tsou8h th¢ ori".1M￿l￿ Adivili¢•,
Pr0vlJlo￿s
A Fuvision is reco8nixd in thr ￿talKe sl*d w￿n the d￿ri￿Ne h*s i P￿￿nI Icgal or ¢Lw1n￿lIW¢
bli￿110￿ is ol'A ebrnl. r¢lthly measure4 ¥rHi il is pftJt￿bk that thn (AAflow v((*tyM)mie
bcnefi¢¥ will ￿ Ywuired 10 tTr* obli8alion. Prnyisi￿s ￿ I￿0￿1*d beu C￿￿*te of thr Imounl
r¢qUIr￿ to d>ligation ￿ ihe rep)rfiTr¥ (kn￿e.
Wher¢ Ihe ¢knritsble comvany cnl¢t5 inkn finaNiwl gwr•nl¢¢ COrtr￿ IO tht indei*edrThs of
within ils th¢ C.ompny or Gthip ire•ts the 8uaranie¢ CONTKI •5 i c4mlin8rrf li8￿.111Y uniil
time as li pythble th•t the C￿￿pU￿ or Grow> will Ix to mat i Plym￿ undty 8uDnn*e.
Si￿ks ire sthlryj 4* the lomtr Of¢(￿ ne¢ ￿ll￿ble &o¢k i￿lUd￿ aler1￿ WO¥i8itybS afvl bor provision&
(im¥P opcraies v4rxMr> tthiion xh¢meL Tr ofihu¢ •r¢ IKld xprnlely fTtyn ilw of the Cir
in iDdwMMki)Ily thii)iql¢r¢d
The miin *hryoe5 li ¢harily Wt UniveniliB5 S￿￿￿￿￿￿On S¢hem¢ {USS) •fid Durtbam
Univmily Pen￿n.$d*Mbt (DUPS).
The Ijni￿r$i11es .￿uF￿￿￿￿4BIIOn (USS) Ihe Ihtrhan? Universiiy PLwion Sthme (IMI￿> Ix)th
thrI￿d t*nefii xl%m¢q. Th¢ Cjrow is wmble lo idenlify its Jhv¢ of underlyin8 li&biliti¢s of the
schcmes on a Cl￿•51¢￿1 and rus￿•bI¢ ￿51> thu¢f(ve. ￿ ryittd by fRS Iir2, for xhrmm w if
y defin￿ sd*me&
FLY deflnal Lxjnlrilxiiffi xlww, the d￿r8ed lo t￿ &alcm¢fftt offriMtKiil Adi¥itiu in w of penskn
and (thr bU￿rits the ￿￿trit￿lI￿n￿￿4Y1bIe in the
lJvofmri
In￿SIMe￿I •r¢ at m¥kd valw. Umulised and rc411￿ plnx tt10592S Irt npxlcd in with the
SI)RP. Inve5bnerrt irKOm¢ is rt¢4wiixe<l w • ffceivabl¢ b*sis.
I￿ ih¢ ofih¢ CITOLIP'S bccounlin8 policic4 ihe dwrCt0￿¢￿ w ffquire4110 mth jw1W￿￿t
eAim*¢5 I￿1 wumplion5 ayryiiw v¥1￿ of *wts and l1*biliti￿ thii rt*h'ly Ipp￿t￿l fr￿1) (*h
sourcek Tr tsim*es and IS￿11t¢d a55umFlions *r¢ hi%torical exWi￿¢ fxiors th*t HT¢
consblkrtd to ￿levan1, A¢lu*l may dilT¢r from ihtse
The ¢&in•t¢s •nd reviewe41 on ￿ on8oinR b•sbS, R¢visiLMU to￿((￿￿11n&¢5Iffill￿s 01¢
reco￿1￿ in the perifyj in whith Ihe ¢*iniJl¢ is mised whty¢ th¢ ￿VisItin Iif¢r15 perio4 or in the p￿1￿1
o(th¢ ￿¥111th fiJiur¢ ￿TrOd5 th¢ r¢vision *lkds Ind wiod

Si Llwd'5 Coll
30 2024
Nolu (coniinuedj
The d¥¢(tO￿ corith Eh￿ Il* *AlwJiion of Iwildings io Jl￿ts1 in ih
accoun1& Freehokl WHI kulding5 afc Lyffitd on Ihe b•knN¢ 41 fitr Trilue. The dirti1th￿￿ts￿es
ri(Kl•cally ¢n8•ge wilh ex*n¥l v•lLMiMxb 4willli5fs to cnwre valU￿10n9 usrd up io dAfr and in c
¢￿$$d￿ nillrkd (￿rtorS m8y indic￿e n)￿L¥ll1 in ¥•lL* Tr dirtttor*truts h&vt t%timi￿1 IhE
¢ur[￿l ma￿¢t val￿, Ixi a Ihinl ￿rty v4lw•iion rqxrt whith uses ¢(*h￿Trbk ¢wi(k4*e wtthirt
rentsl •co¥nMod￿i￿ s¢f41r. The comwablt e¥xkn¢e itsed is ihe typic41 niarkrf rental ir*onb¢ by room, the
swcIa￿d (XWS Ind ihe tyPi¢41 yicl(& Th¢ valuAlion aKwniWi￿ is lh￿ will xll for tl*
me •Th￿nI ¥ i￿"¢{1￿1￿￿b1C-.
DoD*ilons Iwd
Rmtrkfnl
2Q24
2024
2Q14
2024
202J
111.7
16S.101
128.750
RoryD
111367
111307
1%7Jb
Jmi
141,7J7
294,354
Vttv*strirfed U•rtrti?¢trd
(4ePJrrThl
tknknr•At¥d
ds
1024
Re#iriri
T￿1
1014
21124
21)24
2023
ioijoi
74J97
IDIWI
74J97
l*¢ome frvjm ¢¢ltyr4ilvn•l •cilvltks
lJ*rtMrfrt•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 Sq*tylw 2023
L703A15J
2921J
39.75
17n￿l6
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)rthw*berI￿4￿ (4.750 fr0Th
14wo* T￿￿¢..1￿C rt*iid¢d Arr x*kmi¢ ￿*¢￿#$ in 2QlJ.

St CP•d's f4)Ile8e
R¢￿￿ of th¢ P￿￿1￿111
30 Se&**bty 2024
Notes (conllnued)
Lmmtrklttl
knirltiod
I'ol•l
21114
Tot
2023
1024
SIS1
J42.416
Ftyik y¢¥erokd 30 *0￿l￿rI023
342.486
J42.416
V•re*irirtr
Re￿Ikted
Tot•1
202J
20
21124
2024
17.920
17.92•
IQ768
17.920
17.91•
F(v 30 2Q3
10,768
10.
LImr*￿Il(l￿d
R¢¥irkie41
dg
21)24
2024
2D24
sjs)
For 30 S¢ptinbtr 202J
215J13

L￿d,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
E￿￿￿111￿￿*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.￿￿1￿111
N(It¢J (con11n￿ed)
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<wt arpk)￿ 12023.. Iwo) bt¥tye defiml fori&ukn an￿led io £&).f#xi in th¢
Teni w FYILV ll* emtr1￿r￿5 •nploy¥Y ¥Mistsof tl**E trnpk>ytts fdl knithim Ik fDlJfflvinJt IxA4¥
2024
£￿,th). £69,9)9
£70,th). £P).W9
£g).W>. £W.Wa
P•ll1￿•￿ArlI￿rt1￿ forth¢*•)¥etsll￿0jttI USJ94 <11)23: t45J67
202J
23
39
47
12
Key nJinAg*mt•t pvrxo•o
Thr ofihr (Iroup •nd ilx IHfw¥ kty ofik Cl*iidA¢ Cry. lkny arn
thw8t ofthttdity •Mlq¥OrDllin& n￿nI￿ th¢ orb • thy4041￿ t•iJ.
No pmid of in il*lf cwity * t*u￿t£S {YI23.. ¢2023.,
in ofm32J 12023, £X7.2611 iu with f￿1.11￿¢￿nphlYThthI by the (k
Group pbl4J tsf£14.%112023.. £1&7971 ID wr%4￿ IvKtlI pem1¢￿ the% in rr¥xd or
this (Mh*trnJr. Ihc Cinlp f I1.4VI lJ)23.. XION*7I iwtk¥d LThtrilwlW knb ￿ of ¢kn
(b)vtmot. MTsr<ttiird 6)r I1￿ IIMx¢ Ciov¢n*>r¥rfik (￿51
1h¢ (Ifi￿p C)ffiws in oC£221X935 1202J: £214,702) In dKir fu114im¢
'lhc tsff352W I2D2J: £45.56D lo ￿1]ned ithfli schtsn
In Cw I)Ir¥￿ pid £2￿715 12023: £U.Wll ￿ ¢thpk3fft fir
£lJ74 of rrnyel ex￿￿{202j., £1,851) vclm&r*l its ik ky d¥irq )%w,
) 4bwi¥¢d key 1202J: £nili 4 thMtiLIM (Tr21.. 51 WVE ihp
mpmry by t1￿ kcy duriw I￿ )YqF £3Q.9fAI12O23.'
33

Chd'5 Coll
RepMI tsftrrt orwj FIr￿lI1
30 2024
Notes (comlnued)
12
Kty m*n*itmtnt fcortirnKd)
l)why 10 th TWEwr of lh¢ c￿4) J OF¢Thli¥W ￿ ih¢ of thE Cry'¥ Crn li li
ill t•k¢ pkw with in whith u liovtrrw ma> h¥t In i1*rt￿. All InYolYin8
Srt wlih rirwKl￿ [YuL￿•0￿5 Th¥m41
Mr P C￿￿11￿ Ihe Sth¥or 1&X￿F￿¢￿1vt NknLxY of(￿￿ * I￿￿kn I'.iilth ID 202J. Tr* Cdkle h
k*rd 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
ScL*l(￿ 256 of¢hr o( (W¢ (4*N thl IY41 tho ¥*¢ wlica ¢￿&&54￿￿). lo
14
FIDaJbrlil ptTform•Ntt DCih¢ rhwrltwbl¢ ¢ompAMy
Th¢ Lmolithtrd dFiMn¢ial Aaiviiia ofthr ￿)llY o*y*dxthldl•ry.
24
IJJ
IL776JIg1
202W7
3J37XJ17
11541).77Jl
14,31B
LWls•l
(kn3Jio)
6J9W6
447J92
15
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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 I￿81￿1￿￿0rth¢ yt
393,651
21270
IAJ7JJ2
X15,225
22￿.9￿)
227.495
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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 se￿￿1￿r 2024
Notes Iconilnued)
Is
Tltyilblt fl¥¢d (￿1￿4
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$1.2￿ (2023: £5.425.J211
yr4r Md fr¢tl*W IMilthqy Ib) b
• M¥ty•l moY¢Th¢rt at 21* %tPomlv 2027.
No dwR¢ LI In 10 (￿¢1￿k1 builthy of (9.39&%5 f342J." L9.27J.tWJ
Iwd is mt Ihc rcsxlwl orth¢ ¢Wry1￿
ClrAI's Coll¢tr IM W¢1 24. Jdy 2112 1-2 Trknh nwley. iXII 3F.T Cr￿)
Wthlth is The v7lwion o( Ik po5*rty sj £l.IM5.IKrfI. *•lwi
ri¢d ￿ by Ayixffl Yow (UK) 214 Th¢ wop#ty hqs w Ixw kn1th￿ fix
Ai 34) *ty¢Mb¢r 2014. *khl# the thlq È¥N* of knj £2A?.594 12023.. £309.&￿} lo
¢Lxuidefcd ￿ bt ideAifi¢d i￿l*je￿ Sn the ￿lI1r￿1 of I11kn,170.
lax rv4'lltued 30 kxtrntu X118 d ts12￿7￿. v•l¥¢ Ik¢ IKld wiiliin Ik •Nlw 6x•l Is￿5
£M67012￿3.. U6&670k
Vreehfjld
l*•d
b•lldl
Ofher
b4lldl•p
T•tsi
Al thc t411￿lM¥￿f￿YQ
A4bJiiini
Diawlj
70J,522
9.275.IXIJ
123.965
3.fA2A17
75lJ.0S5
{23L4MI
13.6M939
174.1120
(232.8281
Al thethlofthe>•
7D3J22
9.)9(•365
4.159W4
14.2611Jl
Ai Iht kTiiiixtr* ofthE)
fur)
593￿58
22270
1.841J157
20J,125
2241.715
225Jg5
Aithethdtsfi￿Y
415.928
I,IllJ54
2234.282
Al Sepltmbor2014
9J91J65
lJ41Jg0
IL•27
At 30 ))2)
9275J
1,7NJ60
11379.224
3$

Si Chthd's Come
Notes (conllniKd)
16
C*VWIP
Ch•rlty
2023
21b24
2023
2024
P¢rrMtw ShTrh•ld4rf Drstrlo10•
W•1
tsjihth￿1. 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 Tmy￿1bk •wJ
Th¢ wl*rmJoifi¢¢ C7￿￿5 Coll4¢ (Tmth¥) l.Imttrd b iheMm¢ (1￿1.5
J6

¢A CIMd's Colle8e
ofihc fthvTh)r%•J Fir*MSd 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-.knIr￿Y
2QlJ
20U
242J
2914
2SJ
I)￿
17.9J9
43J.528
ij
2J.lJ7
)J.791
49.711
p￿r￿yMe￿J
3J,m
SS,142
32.2J7
41).718
.112
lJ2,812
553.492
19
Slkort-lem Inrt¥lm¢nts
l*ro•trftl De*iAi¢d R¢*r4rt
Gro¥p ANI Ch*rlty
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•
47*71 JJU214
ImJ.m
As￿> we kld in COIF Chvidcs ￿l*¢al In¥t*mg* l.uNI the CFIF (Iwth of Fol￿0 Furnb. Thr Tr.'liubdh
liriffiih5 kn•y Ttu4 ftsr SI Cl￿1.1 (.￿k￿e *knlniY¢rtd ty
Lknlkd
Crtdliors: *lllO•lbli tsIIINg D4ihlM othe yt•r
Giwp
202J
Ch*rliy
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 St￿￿1￿ 2024
Notes (conilntsed)
Gr•up
2024
Gr•￿P
102J
C-h*rhy
l'l￿rI1
124J53
1124XV
iJAJt6-
44.759
144,7591
124,333
99J13
199.jljl
IiJyAi
AmouNswd¢xd wvvious )*
KwoLf¢t$￿t￿r￿ In the y¢Rr
11&9)3
.JiJ
Drfem>J irtwie¢thd
IMJI67
124JJJ
113141
119.J13
21
c￿￿&10￿. hUl•% •ft*r ttbore th*0 yt•r
C•N•P
Crmp
zj
CIB*rfiy
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.
IMtYt*l 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 I￿15 and liabiliiiu iKluth'.
C&#rthy
2L124
Cknril).
1•24
2023
J328J14
I6.￿j
1.025,777
25.319
IJ07.1￿￿1
3328314
iJ,40J
148&9571
1.025.7
471.4(b7
1291192)
Lith15il¢J thc•5urd * w￿ni¥d
21 Ibj nK•sured•fqlr
i*)rtfolwJs:
hld In the CKXF Llwiiiu r.rlwul In1*¢m￿l ordthECIITr LTh¢NthrfF4l¥MI Inv¢StN￿l IxJth Dr
thich re •&nithtwtyl by CILA ((IM￿ry (knii
I LAK•I
The FIiTA¥%h &llThhs kn*y T￿￿ fLY 51 U•J'i Cotk8¢ thini•v¢d ty R
The F•r Ir¢¥¢Am￿S is themiirAI ly wi¢¥* ihp bIl￿a￿t* d*¢ Thp
C￿11*1)￿ Iwld UdAlkksitra we flir
211¢) litlr i*alue
W￿r
v•hx
24
2J
N•￿￿1￿¥￿11¥e f***tl*l fA6r ty*lu¢ Ihmiih prolbi
M)n4¢1111 tiiiriiii)e¥i
JJ21J14
IAU.777
Pe￿%10￿ sclbtmt
lkne lo¥¥Nb the (1￿￿ ily Ilrd
P¢m*on S&vlii8s Tnty( * W0￿pI￿r 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 LIn1￿mIlieS Illl4 io 14.5%
l&J% 24% AW 2Q24 the
24
owxire S¢•¢ of l*ve b*n 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 a*d'5 C.vlEe
JO 2D24
Nnl&4 (conilnued)
W4r & (lltyl's C".ollw lo -Tnth wf In of irry ￿tem￿l[lI￿ *wJ wilh r¢pwrs Ikth￿t￿ io bc w of
ihe ¢xlxM¥ wNlilioTh WF￿>. li Ss wible lo Ik Ipl. Ilw ¢thta
miirtf4UWK¢ *ill bo ¢Jw7￿1 Ihe of tht li 1130 thifiLIth 4wM*5fy. lh¢ pAa*
20
M•*tNitMl$ In thids- Group (21)24)
C*vrknl
ftyr**rd
fDnY*Td
fwpdw
Rci'ulIk￿ilTr1I 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)
9￿139
01.321
(79.615)
9Q139
19.915) Wjlrn
.732
JJ20.012
12,949.954)
1,9
720IAO
ILI.732
)J20￿12
12.949.9J41
7.281A6
JunkTrr C'IYNnrf￿ Rorffi l."w*ts
it*￿n Tru
J,187
Chapl*#K>' lo the A
JS.012
l.-lix4hEth (iriftlihj'l'n
42.OJJ
& Ilurwbu 117901
I￿11￿1￿ 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
I4￿1￿￿14
1771J16
20UJ7

Chid s Loll
Notes (cunilnued)
.10 koLyr41%r 2024
26
Movtmethis In fu•th- C*roitp (2023)
BrD¥Eh*
l•rwxiMt
Cirrltd
for¥￿T￿
F,*￿INi￿re in¥NtmeMti Tv*ttsf
DtsiiMi¢d f¥Hds
Rrv8liwikn reycnt
Poli¢> *tKI Prxl*c¢ fi•MI
&814J75
41x349
17 3291
(2M1401
4,516,729
59.471
29213
6.746
27,350
{i&ou)
TrJ¥i T￿rI1 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
(IpJnurit*ts Fwd
A¢adtsttir 1k￿lrY￿a Fw
2.0
iJJ691
(1.4￿)
1.299
J.lJ4
9,716
Colle8¢
J7J
17
19.#JJTr
OJJ6
ioJth)
1.012
11&486}
(jo52￿1
939.171
Total
16Jli.045
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