#
##
##
||||(2)|(3)|(4)|
|---|---|---|---|---|---|
|Dr Alexandra
Alvergne||Retired wef 30September 2020||||
|Professor Jan-Emmanuel|De Neve|||||
|Rev Alex Bradley||||||
|Dr Eric Eve||||||
|Mr Brian Fidler||||x|x|
|Dr Gina Hadley||||||
|Mr Harry Henderson||||||
|Professor Richard Hobbs||||||
|Dr Hayley Hooper||||||
|Dr Joshua
Hordern||||||
|Mr George Hudson||||||
|Mr Peter Hyde||||||
|Dr Catherine
Jackson||||||
|Dr Crispin Jenkinson||||||
|Dr Linda Hulin||||||
|Mrs Susan
Killoran||||||
|Ms Victoria
Lifl||||||
|Professor William
Mander||||||
|Professor Diane Mayer||||||
|Dr Ross McAdam||||||
|Professor Kate McLoughlin||||||
|Professor Alister McGrath||||||
|Professor Alex Nicholls||||||
|Dr Sina Ober-Blobaum||Retired wef 13March 2020||||
|Professor Patrik Rorsman||||||
|Professor Ronald Roy||||||
|Dr Isabel Ruiz||Joined wef 1 January 2020||||
|Professor Jane Shaw||||||
##
|Professor Lesley Smith||
|---|---|
|Dr Harrison
Steel|Joined wef 1 October 2020|
|Dr Kristin van Zwieten||
|Dr John Vella||
|Dr BeeWee||
##
|The senior staff ofthe College to w|hom day to day management
is delegated
are as f|ollows.|
|---|---|---|
|Princi pal|Jane Shaw||
|Bursar|Peter Hyde (from 9September 2019)||
|Senior Tutor|Lesley Smith||
|Academic Administrator|Victoria
Lill, Ashley Walters (maternity
2020)|cover from 18 May|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||Unrestricted|Restricted|Endowed|2020|2019|
|---|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|Total|Total|
|||||Notes|E000|E000|E'000|8'000|E000|
|INCOME AND ENDOWMENTS||FROM:||||||||
|Charitable
activities:||||||||||
|Teaching,
research and residential|||||1,742|||1,742|2,097|
|Public worship||||||||||
|Hentage||||||||||
|Other Trading Income|||||2|||2|7|
|Donations
and legacies|||||112|817||929|1,578|
|Investments||||||||||
|Investment
income|||||||||508|
|Total return allocated|to income|||||||||
|Other mcome|||||182|||182||
|Total income|||||2,501|817||3,318|4,190|
|EXPENDITURE ON:||||||||||
|Charitable
activities:||||||||||
|Teaching, research and residential|||||2,641|1,425||4,057|4,243|
|Public worship||||||||||
|Heritage||||||||||
|Generating
funds:||||||||||
|Fundraising||||||70||116|52|
|Trading expenditure||||||||||
|Investment
management||costs||||||||
|Total Expenditure|||||2,693|1,495|1|4,189|4,304|
|Net Income/(Expenditure)|before gains|||||||||
|Net gains/(losses)
on investments||||10|||(412)|(412)|660|
|Net Income/(Expenditure)|||||(192)|(678)|(413)|(1,283)||
|Transfers between funds||||15|7|(5)|(2)|||
|Other recognised gains/losses||||||||||
|Gama/(losses)
on revaluation||offixed assets||||||||
|Actuarial
gains/(losses)|on defined||benefit pension schemes|||||||
|Net movement
in funds for the year|||||(185)|(683)|(415)|(1,283)|546|
|Fund balances
brought
forward||||15|1,825|24,973|14,786|41,584|41,038|
|Funds carried forward at|31July||||1,640|24,290|14,371|40,301|41,584|
||||||2020|2019|
|---|---|---|---|---|---|---|
||||||College|College|
|||||Notes|6'000|E000|
|FIXEDASSETS|||||||
|Tangible assets||||9|25,465|25,917|
|Heritage assets||||10|||
|Property investmenls||||10|||
|Other Investments||||10|14,371|I4,786|
|Total Fixed Assets|||||39,936|40,703|
|CURRENT ASSETS|||||||
|Stocks||||||9|
|Debtors|||||460|490|
|Investments|||||||
|Cash at bank and|in|hand|||1,249|2,114|
|Total Current Assets|||||1,728|2,613|
|LIABILITIES|||||||
|Creditors: Amounts||falling due within one year||12|619|997|
|NET CURRENT ASSETS/(LIABILITIES)|||||1,109|1,616|
|TOTAL ASSETSLESS||CURRENT LIABILITIES||||42,319|
|CREDITORS: faSlng|due||after more than one year|13|270|270|
|Provisions for gabglties|||and charges|14|||
|NET ASSETS/(LIABILITIES) BEFORE PENSION ASSETOR|||||||
|LIABILITY|||||40,675|42,049|
|Defined
benefit
pension|||scheme Sabillty|19|374|465|
|TOTAL NET ASSETSI(LIABILITIES)|||||40,301|41,584|
|FUNDS OF THE COLLEGE||||15|||
|Endowment
funds|||||14,371|14,786|
|Restricted funds|||||24,290|24,973|
|Unrestricted
funds|||||||
|Designated
funds|||||1,679|1,689|
|General funds|||||335|601|
|Revaluation
reserve|||||||
|Pension reserve|||||(374)|(465)|
||||||40,301|41,584|
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||6'000|E'000|
|Net cash provided
by (used in) operating||activities|||22|1,186|148|
|Cash flows from investing
activities||||||||
|Dividends,
interest
and rents from investments|||||||508|
|Proceeds from the sale of property,|plant and equipment|||||||
|Purchase of property,
plant and equipment||||||(143)|(15,623)|
|Proceeds from sale of investments||||||753|282|
|Purchase of investments||||||||
|Net cash provided
by (used in) investing||activities||||||
|Cash flows from financing
activities||||||||
|Repayments
of borrowing||||||||
|Cash inflowe from new borrowing||||||||
|Receipt of endowment||||||||
|Net cash provided
by (used in) financing||activities||||||
|Change
in cash and cash equivalents|in the||reporting|period||(866)|(14,958)|
|Cash and cash equivalents
at the beginning|||ofthe|||||
|reporting
period||||||2,114|17,072|
|Change
in cash and cash equivalents|due to||exchange|||||
|rate movements||||||||
|Cash and cash equivalents
at the end of||the|reporting|||||
|period|||||24|1,248|2,114|
##
|1|INCOME FROM CHARITABLE|INCOME FROM CHARITABLE|ACTIVITIES|||
|---|---|---|---|---|---|
|||||2020|2019|
||Teaching, Research and|Residential||2'000|2'000|
||Unrestricted
funds|||||
||Tuihon fees - UK and EU students|||403|455|
||Tuition fees - Overseas|students||572|607|
||Other fees|||110|55|
||Other HEFCE support|||||
||Other academic income|||||
||College residential
income|||657|980|
|||||1,742|2,097|
||Restricted funds|||||
||Tuition fees - UK and EU students|||||
||Tuition fees - Overseas|students||||
||Other fees|||||
||Other HEFCE support|||||
||Other academic
income|||||
||College residential
income|||||
||Endowed
funds|||||
||Tuition fees - UK and EU students|||||
||Tuition fees - Overseas|students||||
||Other fees|||||
||Other HEFCE support|||||
||Other academic income|||||
||College residential
income|||||
||Total Teaching, Research|and Residential||1,742|2,097|
||Public womhlp|||||
||Unrestricted
funds|||||
||Choir school fees|||||
||Other|||||
||Restncted funds|||||
||Choir school fees|||||
||Other|||||
||Endowed
I'unde|||||
||Choir school fees|||||
||Other|||||
||Total Public worship|||||
||Heritage|||||
||Unrestricted
funds|||||
||Heritage
Income|||||
||Other charitable
income|||||
||Restricted
funds|||||
||Hentage
Income|||||
||Other chantable
income|||||
||Endowed
funds|||||
||Hentage
income|||||
||Other charitable
income|||||
||Total Heritage|||||
||Total income from charitable||activities|1,742|2,09'I|
##
|2|DONATIONS
AND|LEGACI|ES|||
|---|---|---|---|---|---|
|||||2020|2019|
|||||6'000|2'000|
||Donations
and Legacies|||||
||Unrestricted
funds|||112|148|
||Restricted
funds|||81'7|1,428|
||Endowed
funds||||2|
|||||929|1,578|
|3|INCOISE FROM OTHER TRADING ACTIVITIES|||||
|||||2020|2019|
|||||000|E000|
||Subsidiary
company|trading|income|||
||Other trading
mcome|||||
|||||2|7|
|4|INVESTMENTINCOISE|||||
|||||2020|2019|
|||||8'000|2'000|
||Unrestricted
funds|||||
||Agricultural
rent|||||
||Commeroal
mnt|||12|11|
||Other property
income|||13|23|
||Equity dividends|||429|445|
||Income from fixed|interest|stocks|||
||Interest on fixed term deposits and cash|||||
||Other investment|mcome||||
||Bank interest||||29|
||Other interest|||||
|||||463|508|
||Restncted
(unde|||||
||Agricuihural
rent|||||
||Commemial
rent|||||
||Other property
income|||||
||Equity dividends|||||
||Income from fixed|interest|stocks|||
||Interest on fixed term deposits and cash|||||
||Other investment|income||||
||Bank internet|||||
||Other interest|||||
##
##
|ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE|||
|---|---|---|---|---|
||||2020|2019|
||||2'000|C000|
|Charitable
expenditure|||||
|~irect staff costs allocated to:|||||
|Teaching, research|and|residential|1,481|1,390|
|Public worship|||||
|Homage|||||
|Other direct costs allocated||to:|||
|Teaching,
research|and residential||1,488|1,615|
|Public worship|||||
|Heritage|||||
|Support and governance
costs allocated to:|||||
|Teaching,
research|and residsnual||1,098|1,238|
|Public worship|||||
|Heritage|||||
|Total charitable
expenditure|||4,067|4,243|
|Expenditure
on raising|funds||||
|Direct staff costs allocated to:|||||
|Fundraising|||93|27|
|Trading
expenditure|||||
|Investment
management||costs|||
|Other direct costs allocated||to:|||
|Fundraismg|||||
|Trading expenditure|||||
|Investment
management||costs|||
|Support and governance|costs allocated to:||||
|Fundraising|||20|25|
|Trading
expenditure|||||
|Investment
management||costs|||
|Total expenditure
on raising||funds|122|61|
|Total expenditure|||4,189|4,304|
|The teaching and research costs|includ|e College Contnbution
payable of20k (2019-20k).|||
|---|---|---|---|---|
||||2020|2019|
||||Total|Total|
|Included
within the resources expended||above are:|6'000|E000|
|Impairment
charges|||||
|Stock recognised as an expense|in the|year|||
|Operating
lease payments|||||
|Foreign exchange losses|||||
##
||||||||||Teaching||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Generating|||and|Public||2020|
||||||||Funds||Research|lnorship|Heritage|Total|
||||||||E'000||0000|E'000|E'000|8'000|
|Finanoal administration||||||||26|330|||356|
|Domestic admimstration|||||||||||||
|Human
resources|||||||||(3)|||(3)|
|IT|||||||||158|||158|
|Depreciation|||||||||595|||595|
|Loss/(profit)
on fixed assets|||||||||||||
|Bank interest payable|||||||||||||
|Otherfinanoe
charges|||||||||(90)|||(90)|
|Governance costs|||||||||100|||108|
|||||||||26|1,098|||1,124|
||||||||||Teaching||||
|||||||Generating|||and|Public||2019|
||||||||Fuiiiis||Research|Worship|Heritage|Total|
||||||||C000||E'000|E'000|f000|9'000|
|Financial
administration|||||||||378|||410|
|Domesfic sdmmistration|||||||||||||
|Iiuman
resources|||||||||4|||4|
|IT|||||||||138|||138|
|Depreciation|||||||||435|||435|
|Loss/(pmrit)
on fixed assets|||||||||||||
|Bank interest payabie|||||||||||||
|Other finance charges|||||||||249|||249|
|Governance
costs|||||||||34|||34|
|Financial and domestic|administration,||ITsnd human||resources costs are attributed||according to the estimated|||staff time spent on each actwity.|||
|Depreciation costs and|profit orloss|on disposal||offixed assets are attributed||according||lo the use|made ofthe|underly ng assets.|||
|Interest and other finance charges are|||attributed|according to the purpose of||the related||finanong.|||||
|Governance
costs are afiooated to the|||core operations||ofthe College.||||||||
||||||||||||2020|2019|
||||||||||||E'000|E.'000|
|Governance costs comprise:|||||||||||||
|Auditor's
remunerakon|-audit services||||||||||17|13|
|Auditor's
remuneration|- assurance|services other than audit|||||||||||
|Auditor's
remuneration|-tax advisory|services|||||||||||
|Auditor's
remuneration|-other services||||||||||||
|Legal and other fees on constitutional|||matters||||||||91|21|
|Other governance
costs|||||||||||||
||||||||||||108|34|
##
|GRANTS AND AWARDS||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||000|2'000|
|During the year the College funded||research||awards|and|||
|bursaries
to students
from|its restricted||and|||||
|unrestricted
fund as follows:||||||||
|Unrestricted
funds||||||||
|Grants to individuals:||||||||
|Scholarships,
prizes and grants|||||||9|
|Bursaries and hardship|awards|||||16|26|
|Grants to other insfitutions||||||||
|Total unrestricted||||||16||
|Restricted funds||||||||
|Grants to individuals:||||||||
|Scholarships,
prizes and grants||||||173|169|
|Bursaries and hardship|awards|||||||
|Grants to other institutions||||||||
|Total restricted||||||173|169|
|Total grants and awards||||||191|204|
##
|8|STAFF COSTS|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2020|2019|
||The aggregate
staff costs for the year were as follows.|||||||||||Efilgg|0000|
||Salaries and wages||||||||||1,519||1.787|
||Social security costs|||||||||||165|147|
||Pension costs:|||||||||||||
||Defined benefit schemes|||||||||||141|103|
||Defined contribution|schemes||||||||||45|41|
||Other benefits|||||||||||||
||||||||||||1,870||2,078|
||The average number ofemployees||ofthe|Colege,|excluding||Trustees,|||||||
||on a full time equivalent|basis was|as follows.|||||||||2020|2019|
||Tuition and research|||||||||||2|1|
||College residential|||||||||||23|23|
||Public worship|||||||||||1|1|
||Heritage|||||||||||||
||Fundraising|||||||||||2||
||Support|||||||||||10|10|
||Total|||||||||||38|35|
||The average
number of|employed|College|Trustees|during|the year was as|||follows.|||||
||Universiiy
Lecturers|||||||||||||
||CUF Lecturers|||||||||||||
||Other teaching and research|||||||||||||
||Other|||||||||||||
||Total|||||||||||15|13|
||The following
information|relates to the employees|||ofthe College|||excluding|the College Trustees|Details ofthe remuneration|and reimbursed|expenses ofthe||
||College Trustees is included as a separate|||note in these finanaal||||statements.||||||
##
##
|TANGISLE FIXEO ASSETS|TANGISLE FIXEO ASSETS||||||
|---|---|---|---|---|---|---|
|College||Leasehold|Freehold|Plant and|Fixtures,||
|||land snd|land and|machinery|fittings and||
|||buildings|buildings||equipment|Total|
|||E'000|E'000|E000|P000|F.'000|
|Cost|||||||
|At stelt ofyear|||28,135|121|638|28,894|
|Additions|||122|4|17|143|
|Oisposals|||||||
|At end ofyear|||28257|125|655|29037|
|Oeprecistion|and impairment||||||
|Atstariofyear|||2,473|100|404|2,977|
|Charge forthe|year||511|11|73|696|
|On disposals|||||||
|Impairment|||||||
|At end ofyear|||||477|3 5'72|
|Net book value|||||||
|At end ofyear|||25,273|14|178|25,465|
|At start ofyear|||25,662|21|234|25917|
##
|All investments
are held|All investments
are held|at fair value.|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||||2'000|2'000|
|Group investments|||||||||
|Valuation at start of|year||||||14,786|14.133|
|New money invested||||||||2|
|Amounts
withdrawn|||||||(3)|(9)|
|Reinvested
mcome|||||||||
|Investment
management||fees|||||||
|(Decrease)/increase|in value ofmvestments||||||(412)|660|
|College investments|at|end ofyear|||||14,371|14,788|
|College Investments|comprise:||Held outside|Held in|2020|Held outside|Held in|2019|
||||the UK|the UK|Tote I|the UK|the UK|1otal|
||||POOO|2'000|2'000|F.'000|2'000|r.'000|
|Equity investments||||12,411|12,411||12,120|12,120|
|Global multi-asset
funds|||||||||
|Property funds||||141|141||141|141|
|Fixed interest stocks|||||||||
|Alternative
and other investments|||||||||
|Fixed term deposits|and|cash||1,819|1,819||2,525|2,525|
|Total group investments||||14,371|14,371||14,786|14,786|
##
##
|DEBTORS|||||
|---|---|---|---|---|
||||2020|2019|
||||College|College|
||||0'000|E000|
|Amounts
falling due||within one year:|||
|Trade debtors||||92|
|Amounts
owed by College members||||3|
|Amounts
owed by Group undertakmgs|||||
|Loans repayable
wnhin one year|||||
|Prepayments|and accrued income||30|101|
|Other debtors|||434|294|
|Amounts
falling due||sitar more than one year:|||
|Loans|||||
||||400|490|
|CREDITORS:|falling|due within ona year|||
||||2020|2019|
||||College|College|
||||0'000|E'000|
|Bank overdrafts|||||
|Bank loans|||||
|Obligations
under finance leases|||||
|Trade creditors||||167|
|Amounts
owed to College Members|||||
|Amounts
owed to Group undertakmgs|||||
|Taxation and social security|||00|53|
|College contribution|||||
|Accrusls and deferred||income|27|99|
|Other creditors|||494|656|
||||019|997|
|CREDITORS:|falling due aner more than one year||||
||||2020|2019|
||||College|College|
||||0'000|E000|
|Bankloans|||||
|Obligations
under finance leases|||||
|Other creditors|||270|270|
||||270|270|
|PROVISIONS FOR LIABILITIES AND CHARGES|||||
||||2020|2019|
||||College|College|
||||2'000|0000|
##
|15|ANALYSIS OF MOVEMENTS|ANALYSIS OF MOVEMENTS|ON FUNDS|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||At 1 August|Incoming|Resources||Gains/|At 31July|
|||||2019|resources|expended|Transfers|(losses)|2020|
|||||C000|C000|D000|E'000|C000|C000|
||Endowment
Funds|- Permanent||||||||
||College Endowment|Fund||8,651||||(220)|8,430|
||Edward
Robert Hamilton
INills||Endowment|5,894||||(201)|5,693|
||Gutifer Fellowship|||2|||(2)|||
||Endowment
Funds|- Expendable||||||||
||Scholarship
Funds|||239||||||
||Total Endowment|Funds - College||14,766||||||
||Endowment
funds hald by subsidianes|||||||||
||Total Endowment|Funds - Group||i4,755||||||
||Restricted Funds|||||||||
||~evelopmsnt
Funds|||23,604|195|(502)|||23,297|
||Scholarship
Funds|||523|85|(I72)|||436|
||Farmington
Institute|Fund||384|303|(594)|||86|
||Distinguished
Careers Institute||Fund|83|||||83|
||INetbeing
Research|Centre||379|85|(146)|||318|
||Development
office||||122|(69)|||53|
||Gu0ifer FsBowship||||27|(12)|||17|
||Total Restricted
Funds - College|||24973|||||24 290|
||Restncted funds held by subsidiaries|||||||||
||Total Restricted Funds - Group|||24973|||||24,290|
||Unrestricted
Funds|||||||||
||~evelopment
Funds|||1,689||(10)|||1,679|
||Fixed asset designated
Fund|||||||||
||Designated
Revenue
Funds|||97|||(97)|||
||Generalfunds|||504|2,501|(2,774)|104||335|
||Revaluation
reserve|||||||||
||Perision reserve|||(465)||91|||(374)|
||Total Unrestricted|Funds - College||I 825|||||I 640|
||Llnrestncted
funds held by subsidiaries|||||||||
||Total Unrestricted|Funds - Group||1,825||||||
||TotalFunds|||41,584|3318|(4189)||(412)|40 301|
##
##
|1he following|1he following|1he following|is a summary|is a summary|is a summary|is a summary|ofthe origms|ofthe origms|and|purposes|ofeach ofthe Funds|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Endowment|||Funds|- Permanent:||||||||||||||
|College Endowment||||Fund|||||||A consolidation
of giffs and donations
where capital and|income, or only the|income,|||||
||||||||||||can be used for the general
purposes
ofthe charity. Part|ofthese funds may||||||
||||||||||||have been designated
for a particular
purpose
by the Governing
Body.|||||||
|Edward
Robert Hamilton||||||INills||Endowment|||A specific donation
to be used to enhance
the permanent|endowment
ofthe|College|||where||
||||||||||||the mcome can be used for the general
purposes
ofthe charity|||||||
|Gu5ifer Fetowshlp|||||||||||A consolidation
ofgifts and donations
where the income|is to be used to support||||||
||||||||||||a College fellowship
in law.|||||||
|Endowment|||Funds|- Expendable:||||||||||||||
|Scholarship|||Funds||||||||A bequest where the use ofthe income is for a specific purpose so designated|||||||
||||||||||||by the donor and which can only be used for that purpose|or activity||||||
|Restricted|Funds:|||||||||||||||||
|Development|||Fund||||||||A consolidation
ol gifts and donations
where
both income|and capital can be||||||
||||||||||||used for acquisition,
replacement
and maintenance
ofthe|College functional|buildings.|||||
|Scholarship|||Funds||||||||A consolidation
of gifts and donations
where
both mcome|and capital can be||||||
||||||||||||used for student
scholarships|||||||
|Farming ton||Institute||Fund|||||||Restncted
funds include income of2303,000 given as a grant
by the Farmington|||Trust||||
||||||||||||to support the chantable
activities ofthe Farmington
Institute. 1he charitable||activities|||||
||||||||||||ofthe Institute
were transferred
to Hams Manchester
College on I August 2015,|||the||||
||||||||||||Farmington
Trust having
determined
that its charitable
oblects would be best|||||||
||||||||||||achieved
through
such a transfer.|||||||
|Distinguished|||Careers||Institute|||Fund|||A fund
to provide a term-long
programme
for mid-and
tate - term professionals|||||||
||||||||||||who want structured
time to think about 'what next'|||||||
|Wetbeing|Research|||Cenire|||||||The INe6being
Research Centre is a hub for researchers|addressing
the issues of human||||||
||||||||||||wetbeing
and conducting
research
m different tieids such|as economics, behavioural||||seance,||
||||||||||||psychology,
philosophy
and the environment.
The Centre|also hosts regular research||||seminars,||
||||||||||||social events and will be organising
future academic talks|and conferences.||||||
|Development|||office||||||||A grant from the College Contributions
Fund to fund the creation ofa Development||||Office'|||
|Gugifer Fellowship|||||||||||A consolidation
of gifts and donations
where the income|is to be used to support||||||
||||||||||||a College fellowship
in law.|||||||
|Designated|||Funds|||||||||||||||
|Fixed asset||designated|||||||||Unrestricted
Funds which are represented
by the fixed assets of the Cotege|||||||
||||||||||||and therefore
not available
for expenditure
on the Cogege's general
purposes.|||||||
||||||||||||The Trustees
have transferred
the balance
on this fund into general college|||||||
||||||||||||reserves as it is no longer considered
necessary
to show|separately.||||||
|Designated||Revenue|||Funds||||||Designated
Revenue
Funds represent
monies ring-fenced|for speafic purposes||by|Governing|||
||||||||||||Body|||||||
|Development|||Fund||||||||Unrestricted
Funds allocated
by the Fegows for future costs of|||||||
||||||||||||replacement
snd maintenance
ofthe College functional
buildings|||||||
|The General|||Unrestricted|||Funds represent|||accumulated||mcome from the Co6ege's activities and other sources that|are available
for the|general|||purposes|ofthe|
|College||||||||||||||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||||2020|||2019||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Gains I|||Gains/|
||||||||Income|Expense|(losses)|Income|Expense|(losses)|
||||||||M000|M000|Mggg|E'000|E000|E'000|
|Financial assets measured|at fair value through||||profit or||||(412)|||660|
|loss|||||||||||||
|Financial
liabilities measured||at fair value||through||profit|||||||
|oi' loss|||||||||||||
|Financial assets measured|at amortised||cost||||||||||
|Financial
liabilities measured||at amortised||cost|||||||||
|RECONCILIATION
OF NET||INCOMING|RESOURCES TO||||||||||
|NET CASH FLOW FROIS OPERATIONS|||||||||||||
||||||||||||2020|2019|
||||||||||||2'000|E'000|
|Net income/(expenditure)|||||||||||(1,203)|546|
|Elimination
ofnon-operating||cash 6ows|||||||||||
|Investment
income|||||||||||(463)|(508)|
|(Gains)/losses
in investments|||||||||||412|(660)|
|Endowment
donations||||||||||||(2)|
|Depreciation|||||||||||595|435|
|(Surplus)/loss
on sale offixed assets|||||||||||||
|Decrease/(Increase)
in stock|||||||||||9||
|Decrease/(increase)
in debtors|||||||||||10|34|
|(Decrease)/Increase
in creditors|||||||||||(377)|53|
|(Decrease)/Increase
m provisions|||||||||||||
|(Decrease)/Increase
m pension scheme|||liability||||||||(91)|250|
|Net cash provided
by (used||in) operating||activities||||||||148|
|ANALYSIS OF CHANGES
IN NET DEBT|||||||||||Other non||
||||||||||At 01I08/19|Cashflows|cash|At 31IOTI20|
||||||||||||changes||
|Cash and cash equivalents|||||||||||||
|Cash at bank and in hand|||||||||2,114|-866||1,248|
|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||||||||||
||||||||||||2020|2019|
||||||||||||8'000|E'000|
|Cash at bank and
in hand|||||||||||1,248|2,114|
|Notice deposits (less than 3|months)||||||||||||
|Bank overdrafts|||||||||||||
|Total cash and cash equivalents|||||||||||1,248|2,114|
##
##
##
|At 31 July the College had annual|At 31 July the College had annual|commitments|under non-csncefiable|operating|leases as follows.|2020|2019|
|---|---|---|---|---|---|---|---|
|||||||2'000|E000|
|Land and buildings||||||||
|expiring|within one year|||||||
|expiring|between
two and five yeso|||||||
|expinng|m over five years|||||||
|expiring|withm one year|||||||
|expiring|between
two and five years|||||||
|expiring|in over five years|||||||
##
##
||||2020|2019|
|---|---|---|---|---|
||||Bgfig|r.'000|
|Dr|J|Hordem|66|66|
|Dr|A|Alvergne|75|75|
||||141|141|
##