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2023-07-31-accounts

Pages
Governing
Body, OBicers and Advisers		 2-4
Report ofthe Governing Body 5-?5
Independent Auditor's Report i6-r8
Statement of Accounting
Policies		 ?9-23
Consolidated Statement ofFinancial Activities
Consolidated and House Balance Sheets 25
Consolidated Statement ofCash Flows 26
Notes to the Financial Statements ?7-5I

(z) (I) 4) (I) (6) (7) (8) (9)
Dean:
The Ve
Reverend
Professor S.R.I.Foot		 (a ointed r Jul zoz))
Canons:
The Reverend Canon Professor N.J.Biggar (retired Io Sept zozz)
The Reverend
Canon Professor S.R.I.Foot		 (resigned IoJune zoz))
The Reverend
Canon Professor G.D. sVard
Canon Professor C. Harrison
The Venerable J.P.M. Chaffe
The Reverend R.C.Peers (resi ned r9 Nov zozz)
The Reverend Canon P.J.Mo er (a oimed r Oct zozI)
Students:
Professor ILB.Rutherford (retired Io Se t zoz))
Professor R.L.Judson
Professor I.M.C.Watson
Professor E.J.F.Sim son
Professor S.D. Howison
Professor M.J.Edwards
Professor M.D.McCulloch
Professor S.L. Rowland-Jones
Professor B.E.Jack
Professor D.P.McDonald (retired Io Se t zoz, g)
Professor S.Neubauer
Professor B.Parkinson
Dr D.P.Moran
Professor G.Wilkinson
Professor R.L. Davies
Professor SirJ.I.Bell (resi ned Io Se t zozz)
Professor G.A. Johnson
Professor J.G.E.Cross
Dr A.J.Clark
Dr B.W. Youn
Professor J.J. Davis
Professor M.C.A Bose
Professor J.Yee
Professor A. Kuhn
MrJ.C.F.S.Lawrie
Professor D. Aarrs
Professor S.J.Cra
Professor R. Wade-Martins
Professor J.K. Schear
Professor
F..GAV. Keene
Professor S.C.Mortimer
Professor K.McGert)
Ms P.A. Linieres-Hartley
Mr K.Sternberg
Ms L.Elder
Professor S.Dadson
Professor S.L. Newstead (resi ned BDec zozz)
Professor K.C.Kin (resigned BJan zozI)
Professor S.Hiscock
Professor G. Hutchinson (retired Io Se t zozI)
Dr K. Lebow

ear ended sr July zozs
Professor A. Kuo
Professor SirT.Berners-Lee (renced so Se t zozs)
Professor A. Vasudevan
Professor Y.Gal
Dr S Duncan (resi ned so Au zozz)
Professor S Grahl
Professor M Holwe
Professor C Kennefick
Professor YNakatsukasa
Dr L Brassart
Dr ESmith (resi ned so Se t zozz)
Professor N. R.Mean o
Dr F.Giusti
Dr A. Chiavari
Dr iV. Ghosh
Dr 'I'. Ko latadze
Dr N. Smart
Professor A. Benaissa
Ms P. Roberts
Professor S.Smartt
Dr C.S iniello (a ointed r Jan zozs)
Mr F.Pre
el		 (a ointed r A r zozs)
Dr D.A. Jolowicz (a ointed r Oct zozs)
Dr A. Nickerson (a ointed r Oct zozs)

he senio r stafF to whom
da		 y to day management
is del		 egated
are as Follows.
A The Censor Theologiae (Acting Head oFHouse) The Reverent/
Cnnon Professor Sarah Foot		 (to So/o6lzoz))
A The Dean The Ver
Reverent/Pro
essor Sarah Foot		 osrs os/oy/zozs)
B The Senior Censor Pro essor Disk e)arts
Professor Jennifer
Yee (fs'om or)o8/zozs)
C The Junior Censor Professor Brian Parki nsoss (From zS/os/zoz) to Ss/oy/zoz))
Professor Kevin MeGert
(to z4)or/zoz/)
D The Treasurer MrJames Lasvrie
E The Sceward Ms Panlsne
L'cnieres-//artie

Risk Measures
r. Regulatory risk Close communication
with the		 Charity Commission in light
ofthe OFficial Warning
z. Pandemic Effective implementation
ofgovernment		 policies; support For
research into efFective treatntent and vaccination. Insurance
(where possible)
Recruitment oF staFF (academic and non- Terms and conditions
ofservice reviewed		 regularly
academic)
Reputational risk From lapses in academic Monitor admissions
procedures,		 student satisfaction and
standards exam results
IT network and data security IT managed
jointly by a college		 consortium.
Investment		 in
people and hardware/software
6. Disaster Recovery planning
procedures		 reviewed regularly, liaison with
elllergellcy
sefvtces
Decline in purchasing power oF the endowment Diversified
portfolio
and close		 oversight front the Investment
Group
8. Power supply disruption Contract
in phce for standby		 generruors
Employruent disputes Governance
revievv completed		 and Human
Resources		 team
established

Unrestricted Rescricted Endowed 2023 2022
Funds Funds Funds Total Total
Notes F'ooo Eooo oooo f.'ooo Eooo
INCOME AND ENDOWMENTS FROM:
Charitable
activities:
Teaching,
research		 and residential 12,400 12,400 9,588
Cathedral
School		 2,175 7 z,rgz z,o6r
Cathedral 88 zo6 38o
Heritage
Donations
and legacies		 49 5'3 z,sr7 3379 3,581
Other wading income r,856 r,856 976
Investments:
Investment
inconre		 4 418 273 21,715 zz,so6 z8,r8o
Total return allocated to income 15 Iz 773 7,890 (zo,663)
Other income 5 175 17 192 6rs
Total income 29957 8,788 3,876 42,,621 45 381
EXPENDITURE ON:
Charitable
activities:
Teaching,
research		 and residential 23 249 5,6zr. 28,87r 35,657
Ocher charitable
activities		 858 858 766
Cathedral
School		 z,689 z,689 z,6U
Cathedral 1,888 115 2,003 2,053
Generating
funds:
Fundraising 770 7711 794
Trading expenditure I,z67 1,267 947
Endowment
managemem		 costs m6 4,4r6 4,632 5 787
(merest payable
on		 loan notes z,o84 z,o84 2,073
Total expenditure 30079 6595 6,5oo 43u74 so,728
Net Income/(Expenditure) before gains (rzz) 2193 (2,624) (sss) (5847)
Net (losses)/gains
on		 investments 12, 13 (8 948) (8948) 90,287
Gains on complex Financial instruments z6 2,900 2,900 z,83o
Net Income 2,778 2,193 (u,syz) (6,6or) 87,77o
Transfers between
funds		 20 519 (947) 4z8
Net movement
in funds		 for the year 31297 1,246 (rr,r44) (6,6or) 87,77o
Fund balances brought
Forward		 20 (10,550) 13,017 769,757 772224 684,454
Funds carried forward at sr July (72S3) 14,263 758,6rs 765,623 772,224

2023 2012 2023 2022
Group Group The House The House
Notes 6'000 Tooo I,'ooo oooo
FIXEDASSETS
Tangible
asseu		 IO 13925 14707 13,911 14704
Heritage
assets
Property
investnleiits		 12 288,r44 3577ng 258,002 310,003
Other investments 13 $6o,r76 504 n5 59o,576 5497i9
Total Fixed Assets 862,245877,060 862,489 874,426
CURRENT ASSETS
Stocks 856 944 797 88$
Debtors 16 7n99 9,966 10,378 13675
Cash at bank and in hand ro,ro6 r3,36z 8,359 12,403
Total Current Assets 18,r6r 24,272 19534 z6,963
LIABILITIES
Creditors: amounts falling due wichin one year 17 10,550 20,324 12,143 20,405
NET CURRENT ASSETS 7,6tr. 3948 7 391 6,558
TOTAL ASSETSLESSCURRENT LIABILITIES 869,856 88r,oog 869,88o 88o,984
CREDITORS: falling due after more than one year i8 roo,668 103 575 roo,668 103575
Provisions for liabilities and charges l9
NET ASSETSBEFORE PENSION LIABILITY 769n87 777 431 769,211 777 4ii7
Defined benefit pension scheme liability 24 3,$64 5,207 3,$64 5,207
TOTAL NET ASSETS 765,623 772,224 765,647 772,200
FUNDS OFTHE COLLEGE 20
Endowment
funds		 758,6t3 769,757 758,6r3 769,757
Restricted funds 14,2G3 13,017 14,263 13,017
Unrestricted
funds
Designated
funds		 1,612 t,589 1,612 t,589
General
Funds		 (9 19$) (7,9z6) (4,622) (3401)
Revaluation
reserve		 4 549 4 549
Pension
and loan swap reserve		 20, 24 (4219) (8,76z) (4,219) (8,76z)
7G5,623 77z,n4 765,647 77z,zoo

2023 2022
Notes f'000 flooo
Net cash provided
by (used in) operating		 activities 27 (2G,676) (r8,938)
Cash Bows from investing
activities
Dividends,
imerest and rents front		 investments 22,406 28,i8o
interest
payable on loan notes		 (a,o84) (2,073)
Investmem
management
costs		 (4,G32) (5,787)
Purchase ofproperty,
plant and equipment		 (r72) (298)
Proceeds from sale ofinvestments r94 345 23 949
Purchase ofinvestments (189,260) (29,893)
Net cash provided
by (used in) investing		 activities 20,603 r4,o78
Cash flows from financing
activities
Repayments
ofborrowing
Receipt ofendowmem 2,8ry oto
Net cash provided
by (used in) financing		 activities a,gry 3,010
Change in cash and cash equivalents in the reporting period (3256) (r 85o)
Cash and cash equivalents
at the beginning ofthe reporting		 period r3,362 I5,212
Change in cash and cash equivalents due to exchange rate movements
Cash and cash equivalents
at the end		 ofthe reporting period 29 to,ro6 t3,362

INCOME FROM CHARITABLE INCOME FROM CHARITABLE INCOME FROM CHARITABLE INCOME FROM CHARITABLE INCOME FROM CHARITABLE ACTIVIllES
2023 2022
T
hing, R ~ch and		 R idendd 6'ooo I 000
Unrescncred
I'unde
Tuinon
fe«s - UK		 and EU srudenrs I,BII l,940
Tuirion
lees - 0 erseas		 studems I,45I I,19il
Orher OIFice f'o r Students
Orher academic income		 supporr 389
146		 355
Ili
College residenrial
Visicor mcome		 mcome 5 491
3,ill		 4 309
n574
I2.400 9,588
Total Tc
hi g, Res		 1 h nd R«id ntial r1,400 p, s88
Un esrricced funds
Carhedral
School		 income »I75 l,996
Carhedral
mcome		 Ill I34
Resrricted
funds
Carhedral
School		 income 7 Gl
Cathedral
income
95 30I
Endowed
funds
Cachedral
income		 lo
10
2,388 2.,44I
Total in o
horn		 h it bien ti 'tim r4,788 I1,029
The abo e analysis
includes		 63662k recei ed &om Oxl'ord Universny from publicly accoumablc f'unde under the Cogegiare Funding Formula Scheme (aoireui
63,593lr)
DONATIONS AND LEGACIES 2023 2012
6'000 I'on o
Don tio
and Leg
Unresmcred
funds		 ie 49 ll5
Restncred
funds		 Ir3 456
Endo
ed funds		 x,sry 3,0lo
3 379 3,581
INCOME FROM OTHER TRADING ACI1VITIES
2013 1011
6000 Eooo
U
t
I efirndr
Subs diary company r ading income I,856
t,856		 976
97G

4 INVESTMENT INCOME INVESTMENT INCOME 2023 2021
3.'ooo I000
U»i
rdfii d
Agnculrural
renr
Bank inreresc		 128
164		 l43
Oche
inreresc		 z6
418 l70
8imrr dfi
dr
Other inreresr		 273 r.6
E.rdo
dfi
d
Agnculrural
rent		 696 855
Commerual
rem		 4 479 5 555
Oche
p operry mcome
Equity dividends		 r.788
c553		 l,4I3
G56
Orher investment income
zl 715 27,984
Totd Investm
t income		 22406 28,rso
OTHER INCOME
2O23 1012
3.'ooo 6 coo
V
e i kr dfinrdr
Ocher miscellaneous		 mcome 175 6oo
175 Goo
Rsr res df
dz
Ocher miscellaneous mcome l7 t5
17 15

2O23 2022
f'ooo Eooo
Charit bl 0penditm
Direcr salT cosrs allocared ro
Teaching,
research a d		 residenrial l0,410 u,l43
Orher direcc costs allocated ro
Teach ng, research
and		 esidennal 16,234 71,046
Orher charirable
acrmties		 858 766
Cathedral
school		 2,598 2,571
Cathedral 2,003 2.,053
Supporc and governance
costs		 allocared co
Teaching,
research and		 esidenrial 2,2I7 3.468
Cathedral
school		 9I 8o
Total «h
it ble expend't		 34 42I 4I,I17
Expend't
on gen rati g Rmds
Direcc staR' costs a((neared co
Fund aising 468 534
Trad ng expendirure 453 48I
In esrmem
management		 coscs 54 59
Ocher d reer costs allocated coi
Fu
draising		 277 r67
Trading expend ire re 786 384
In estmenr
managemenr		 costs 4,I755 5 379
Interest payable on notes 2,084 2,073
Supporr
and go ernance cosrs		 allocated ro
Fundraising 25 93
Trad ng expendicure 81
In esrmenr
mznagemenr		 cosrs 400 349
Totd expend't
on generati		 g I nds 8,753 9,GOI
Total exp ndit
re		 43 I74 50,728

ANALYSIS Of SUPP O RT AN D G OVE RNA NCE
COSTS
Teaching Pub) c
Generanng and Worship, Choir 2023
Funds Research &Choir School He itage Total
Eooo Eooo E'ooo f.000 f,'ooo
Financial adminisrraoon 314 363 687
Domesoc adminisrcarion 76 740 gs6
Human
resources		 I66 r6G
IT I4 491 506
Endo
ment managemenr.
Depreciation
Loan inreresr payable		 r84
4
1,084		 gn
499		 9I 184
95r'
2,583
Orher Finance charges (I49) (I 494) (»643)
Goixrmnce
cosrs		 59G 596
»537 2,217 9l 0 4 845
Teaching I'ubgc
Generanng and Worihip, Choir 2.022
F nds Research Er Choir School Hentage Totd
Eooo Eooo Eooo Eooo 6'ooo
Finanaal
adminisrraoon		 z76 zgo 556
Domesric admm
srrarion		 63 6r) G76
Human
esources		 58 58
)T I4 338 yxu
Endo
ment mansgemenc		 165 xGI
Depreaaoon
(oan inreresr
payable
Ocher
fi ance charges		 I
1,073
5		 854
497
z.l		 8o 935
1570
1G
Governance
cosrs		 »597 8oy
3,468		 Bo 0 goy
6,I45
Finanaal
and donxesric admimsr		 auon and IT cosrs are attnbured according co che esamared scaff nme span r on each acuuty
Depreaation
costs a		 d profir or loss on disposal ofFixed assen are arrribured accordin to rhe use made of the underlying assets
Inreresr
and orher finance charges		 are atcributed
acco d ng ro		 the purpose of the elared finanang
2013 2011
E 000 f.000
Go
r
«cosu * prise:
Auditor's
remunerauon		 - audie ser lees 94
Auditor'I
remuneranon		 - ocher ser ices 2
Orher go emance cosrs
Orher go e nance cosrs		 - Grieve Re
- legal
Fees		 iew l74
316		 4I
703
596 807
No amouni
has been		 ncluded I governance costs for rhe d ecr employmenr cases or re mbu reed expenses ofrhe House's Fellows on rhe basis rhar these pzymenrs
elate ro rhe Fellow's m ol emenr In rhe House's cha itable seri Ines Derails ofthe remunerauon ofrhe Fego s a d rheir reimbursed expenses a e included as 2
separate note wirlnn these finanaal stacemenri.
GRANTS AND AWARDS 2013 101I
Dun ng the year rhe House Funded academic a .ards and bursar es ro srudcnrs (rom irs resmcced 2nd unresmcred funds E'000 f.000
as follous.
Unr
t ' t d fund
Grams
m 'mdividuals
Scholarships,
prizes		 and grznrs tgy I88
Bursaries and Finanaal
assistance
Total unrestricted		 1 ards 30
217		 109
Restricted funds
Grams ro mdividuals
Scholarships,
p
I
Bursaries 2nd fin		 es and gra
rs
ncial assistance		 a ards 449
9B		 344
817
Total restricted IB84 t,x6t
Tl2d a ards I,Gox I 370

SI'AFF COSTS
2023 2022.
The aggregare
sca(Fcosts for che year		 ere a folloivs. ftooo 7'ooo
Salanes and
ages		 9,584 8,230
Sooal security coscs 964 826
Pension
cosrst
Defined benegc schemes
Pension degcir hability		 mo emenc (noes 24) I,767
(I,804)		 I,556
I,I9'!
Redundancy
and rerminauo		 cosrs 2,107
Orher benefirs I,OI9 9G6
Ir 530 r5,886
fr,886k) mcluded
in meal Ca		 fr,886k) mcluded
in meal Ca		 rhedral
school costs are nor I		 rhedral
school costs are nor I		 rhedral
school costs are nor I		 rhedral
school costs are nor I		 rhedral
school costs are nor I		 rhedral
school costs are nor I		 ncluded
in rhe ag		 ncluded
in rhe ag		 gregate
payroll cosr		 gregate
payroll cosr		 s sho
n abo e.		 s sho
n abo e.		 s sho
n abo e.		 s sho
n abo e.
Redundancy
and te minaoon
edundancy
and rerminaoon		 pay menrs are accounted
for
paymenrs
paid co members		 in rhe pe iod in
of'staff amounred		 which the paymenrs
ro EHII
(Iorr au		 ere made.
Dunng
EI royk)
These cosrs		 rhe currenr
tinancial
year rhe amounr of
ere charged to unresr
icted funds.
The a erage number ofemployees ofrhe House e cludmg Truscees on a Full nme equivalem basis was as Folio st 2023 2022
Tuition and cesearch 59 68
College residenoal
Trading
and visicor		 Ial
l5		 uo
I6
Cachedral l5 l7
Cathedral
School		 60 64
F ndrnsing 3 4
Supporc Bo 78
Total 353 357
The average number of employed Trusrees during che year
as as Fogoivs:
Uni
ersicy lecrurers
CUF Lecturers		 20
IG		 2.0
r6
Facuhy Lecrurers
Othe
reaching and		 esearch
Oche
Torsi 49 53
The number of rhe abo e emplolees ttuh reriremenrbenefirs ttuh reriremenrbenefirs ace uing as as follows
In degned
benelirs schemes		 u
I
defined conrrib
rion schemes
The House's co t iburions to dehned concribuoon pension schemes coralled 198

Gro p leasehold
land and		 Freehold
land and		 For
res,
firnngs, boo)0
buildings buildings and equipment Total
I'ooo F.Ooo F.000 6'ooo
C
Ar smrr of)ear 4i7 i4 567 B,sos 23,602.
Add'mons 8 l64 t72
Disposals
Transfer		 (»)
0		 (25)
0
At
d ofyear		 427 24595 6,737 23749
D pr«iation
and '
At aran ofyear		 p ' nt 5,328 ),S67 8,895
Deprec scion charge for the
Deprecianon
on dispose)a		 year 6oo 350
(sr)		 950
(ti)
At
nd ofyear		 0 5,928 3,69G 9 824
N t book aalu
At
d ofyear		 427 8,6G7 4,84r 23 925
Ac stare of' year 4I7 9A 59 5,031 14707
Th
Ho se		 Leasehold Freehold Fnrures,
land and lands
d		 fccings, books
buddings buildings and equipmenr Totd
I'ouo Eooo f.'ooo f.'ooo
C
Ar srarr ofyear 4i7 i4,588 8,576 23,58t
Add rions 8 r45 t53
Dlsposals 0 0
Transfers
At
defy ar		 4r7 ~14,
6		 s,yat 23734
D p
i tionand(mph
Ar scarr ofyear		 t 5 329 3 548 8,877
Charge for rhe year Goo 346 946
Ar
dofy~
N shool
I
At
nd of)ear		 4t7 8,667 4 827 139II
Arsrarr ofyear 4i7 9 259 5,028 24 704

Group Agncultural
Eooo		 Commerual
fooo		 Residential
and Other
f.'ooo		 2023
Tord
f.000		 1022
Tora&
Eooo
Valuaoon ac srarr ofyear I94,746 u&,807 39 275 357,828 306918
Addioons and impro
emencs at cost		 l,787 13457 0 I+944 1»999
Disposals (lol,871) (20» 0 (102,077) (7I 911)
Re aluauon gains/(louse) in che &ear 31,091 (7875) (&,7G8) I7 449 101,833
Valu tio t nd *fyeu l15 753 I18,884 33 507 188,I44 u/, 818
The H* Res dermal 2013 20rl
Agnculrural Commernal and Other Total Toed
f.000 f.'ooo Poco Pooo f.'ooo
Valuauon ar starr ofymr 14G,92I I2.3,807 39m75 jso 003 158,244
Addicions and impro
emenrs accost		 I&257 0 ou&7 21,849
Dispose(a (82,402) (ao&) 0 (82,6oy) (7I 912)
Revaluarion gains/(losses) m rhe year 3I,092 (7,87&) (5.768) I7449 IOI,831
V I ation at dof yam 95,60 r18,884 33 507 2&g,ooa 3lo,ooj

Gro
p I
tments
Valuer ion
ac srarr ofyear
Ne
money
invesced
Amounrs
irhdra
n
Increase/(Decrease)
in c		 sh held
ln esrmenr
managemem		 Res
increase/(decrease)
in value ofini esrmcnrs
Gro
p i
tmenu
t		 d OFyear

OTHER INVESTMENTS OTHER INVESTMENTS CONTINUED CONTINUED 202.3
Eooo		 2022
f.'ooo
Th
Ho se i
tments
Valuation
ar stan ol year
Ne
money in eared
Amouncs
wtchdrawn		 504 525
tst,srs
(so,5G2)		 46I,204
6,8S4
(2?,SIQ)
(Decrease)l tncrease
in cash held
In estmenr
managemem
fees		 (sn033)
95		 yo,ysj
io
Increase
in value ofin esrments		 (29 464) (st 546)
544m72 504 H5
lnvesrmenr
in substd aries		 46,So4 45'94
Th
Hous
i
mtment		 t ndofy 59o,576 549 7'9
Held outside Held
n		 2023 Held outside Held
rn		 2022
G o pin
mtm
t comp		 ' rhe UK
Eooo		 rhe UK
f'000		 Turd
S.000		 rhe UK
Eooo		 rhe UK
Eooo		 Tool
2'ooo
Equi'ty
invescmencs		 xgr xst 287
Global mulroassec
funds		 390,62I 390,622 332,337 3H 337
Properry
Funds
Deferred constderacion		 42,830
6r,ooo		 42,83o
61,000		 jl,920
0		 52,920
0
Fned rerm deposits md cash 65.444 65 444 II9,982 I19,98I
Totd gro p I
tment		 0 56o,ryG 56o,x76 0 5ts4 525 504 525
PARENT AND SUBSIDIARY UNDERTAKINGS
The House holds roos' ofrhe issued share captral tn Chrisr Church Oxford Trad ng Ltmtted, a company
pro		 idmg confe ence and other e em serv ces on che
House's
premrses
The House also holds roo% oFrhe rssucd share capical ol'Christ
Propeny
Lrmiced and IVrck Fa ming Limtred
all of'which
hold agncultural
land		 Church
tth long		 (Evesham)
Limired,
rerm de.elopment		 Chnsc Church (Da
pocenthl.		 entT) Limired, Thomas IVolse
The results and rheir assecs and liabilines ofthe parenr ands bsrdianes ac rhe year end
ere		 as I'olio s
The House Chnst Chucch Chnsr Church
lE eshnn) (Da emry)
Limrred Limied
Eooo f. 000 F000
Income 37 528 4 l7
Expend
cure
Donation
ro che House		 under grft aid (42,24S)
0		 (n)
0		 (7)
0
Result for rhe year (3 G27) (7) Io
Total assers 8S2,023 I09 I,xls
Total
I abilicies		 (ttG,37G) Os) (9)
Ner Funds at the end of yea 765,647 70 l.205

PARENT AND SUBSI DIARY UNDERTAKINGS
CONTINUED
Thomas Wick Farming Chnsc Church
Wolsey Limired 0 Ford
Properry Trading
Eooo I'o on E.'ooo
Income 3,ioo 74 r,898
Expe dirure (50) (77) (r,884)
Donauon co rhe House under gik ad 0 0
Resulr for rhe year 3 050 (&) 14
Torsi assert 19.o66 3 559 1,035
Tora) habilmes (3,738) (c3I3) (2 035)
Ner funds at che end of vea 1.5,328 zaGG
For pnor year comparze es see noce 35c.

Permanenc Endo
menr		 Expendable Expendable TOID
Unappl
ed		 Endo menr E dowments
T ust I'or Toul
In.esrmenr Reru n Tocal
Eooo E'ooo Eooo E'000 E.000
Atth
beginningofth		 y
G k componenr of rhe pernla enc endolvmenr I»357 I8,357 I»357
Unapphed
rota) recu n		 14,036 14,036 14,03G
Expendable
endo		 menr 737 364 737.364
ToIM Endowments 18,357 rs,o&6 32393 737 364 769,757
Movementsinth
Gifr ofendolvmem		 r port'
I'unde		 gp riod: zoG 106 2.,6ll z,Br&
In estnienc recurn: tora! in sarment income 1,04G 1,046 10,676 21.722
In esrmenr
return:		 realised and unrealised gams and losses ho&) (Soy) (Benr) (i&948)
Lus
lnvesrmenr		 managenienr cosrs (174) (iytl (6,2i6) (6,5oo)
Ocher rransfers 49 49 379 az8
Toi I zoG 314 520 8.999 9 5I9
U
applied
tora)		 return allocated ro income m rhe eporong pened (Bog) (8o8l (I9BSS) (zo,663)
E»pendable
endo
ments		 rransfe red to income 0 0
0 (808) (80&l) (19.855) (20,663)
N t mov menu in r po ring p rind xo6 (494) (188) (ro,856) (Iid44)
At
nd ofthe repordng		 p indi
Gifr component of the permanenr endolv men r x8,563 I8.56& r8,563
I 'napplied
tocal		 rerum '3 541 l3 542 13,542
E pendable endo
mcnr
Tot )Endowm
nu		 x8,563 I& 341 32ioj 726.508
716,3os		 716,508
758 613
Forp loryearcomparan esse noreBd
IG DEBTORS
2023 2012 2013 2011
Group Group Th Ho
se		 The Ho se
E.'000 E'ooo E'ooo Eooo
Amounts
fzlli		 gd 'thi one yertl
Trzde dcbcors 1,980 1,932. I,787 2,74I
Amoums
o ed		 by House members i6o r48 rS9 I48
Amounrs
ol ed		 by G o p undertakings 2,042 2 579
Taxanon and sooal sec riq 7 7 5 5
Prepaymenrs
and acc ued income		 4,8G4 6,65o 4,8G& G,G49
Ocher debtors rgs 219 75 I72
Amounts f ill g d
sh r		 more th o y ri
Loans n447 l,38I
7'99 9,966 Io 37$ r&,G75

CREDITORS: falling d
within		 falling d
within		 on y~ 2023 1021 202.3 2012
Gro
p
f,ooo		 Group
Eooo		 Th Ho se
f.'ooo		 The House
f'ooo
Obligacions
unde		 Fnance leases 8
Trade creditors 2,467 1,6m. 2 3I3 »479
Amo
nrs owed		 ro House Membeo 483 471 483 472
Amo
nrs oived		 ro Group underra)dogs 0 0 I,oat 36I
Taxaoon and sooal secuncy 588 I3777 509 137I7
Acc uals and dek
Orher credicors		 red income 6,990
14		 3443
I		 3 735
l4		 3,366
I
lo 550 10,324 11.I43 20,405
rg CREDITORS: f lling due W more than o ymr
2013 1022 2013 2022
Gro p
f.'000		 Go
p
Eooo		 Th Ho
se
f,'ooo		 The House
E000
Notes payable
Bank loans		 90,000
Io,ooo		 90,000
Io,ooo		 90000
10,000		 90,000
10,000
Obliganons
unde		 linance leases 13 20 13
loan snap Fuc slue 655 3 555 655 3 555
Loo,668 '03 575 roo,668 I03 575

2023 2011 2023 1022
Go p Group Th Nous The House
Eooo 3000 f.'ooo Eooo
Ar start of&ear p. 52
Charged n rhe Sraremenc ofF nanoal Acovines (43) (43)
Serried che veer (7) (7)
At nd ofy

ANALYSIS OF ls(OVEMENTS ON FUNDS ANALYSIS OF ls(OVEMENTS ON FUNDS ANALYSIS OF ls(OVEMENTS ON FUNDS ANALYSIS OF ls(OVEMENTS ON FUNDS ANALYSIS OF ls(OVEMENTS ON FUNDS ANALYSIS OF ls(OVEMENTS ON FUNDS
Al r August Guns/ Atlr J ly
2022 Income Eipenditu
e		 Transfers (losses) 202.3
f.'ooo Eooo Eooo Eooo Eooo F.000
Endo
nt F nds - P		 rmanent
Scudenc 8 pporc Funds 0,686 39l (ss) (i96) (rBz) II,SOI
Acadern c Posrs Funds 20,610 858 &DS& (46') Dzt) zo,SIB
Library Funds 87 3 (r) (i) B) 86
Endo
tF nds-E*p		 ndable
Heyman-Ivlorit
Benefauion		 68.557 2,201 (Dy) (i,86z) (1,067) 67,253
Dr Souch (3/Schs) 4hsi5 r,386 (363) (I,172) (671) 42 794
Lee Benefacoon 16,093 5I7 (r36) (4D) (»0& IS 787
Mercury
Fund (5/yths)
Buddlngs
F nds		 I4,687
7,I05		 472
zzs		 (ua)
(6I)		 (399)
(191)		 (»9)
(III)		 14,407
6,969
Gardens
BcGrounds
Funds		 678 78 (6) D9) (rr) 720
Sporrs Clubs Funds
Library Fu ds		 36
s,o88		 I
140		 0
(35)		 (i)
(I09)		 (B
&64)		 35
4,02.0
Picture Gallery Funds 568 rB (5) (»& (9) 557
Academic Poses Funds 3»093 t,326 (3») (9'5) (594) 37 588
Srudenr Suppou Funds
Cathedcal
BcChonster 5 pport		 Funds 3»339
I6,0I4		 1,508
808		 (276)
B34)		 (Boz)
(391)		 (Sro)
(152&		 Sm259
r6,iis
Benefices Funds 16,725 859 (zii) (7i6i (tr6) z6,zry
Orher Funds r3,346 853 (n6) (94) (zi4) i3 77S
General Endowment
Funds		 455 420 Iz,BOI (3 846) (ll 34') (4 041)
Total Endom
t Fund		 769 757 24 539 (s,ioo) (z0,23)i (8,948) 758,6r3
Resuiu dl comep d -Perman t
Srudent Support Funds
Library Fu ds		 213
8		 87
0		 (164)
0		 r76
I		 321
Io
Academic Posrs Funds 489 (408) 434 522.
S b-total Re t I t d in«om (P rmanent) 720 94 Byz) 6rz 0 854
Restrict dl
orna Fund-Ependabl
Heyman-Moritz
Beneiaccion
Dr Sourh (3/Sths)		 3U
2.,507		 8
67		 (r 873)
(835)		 r,861
I,I72		 350
2.9II
Lee Benefacnon 334 (386) 437 389
blercury Fund (5/yths) D84) 399 15
Bu &dinge
Gardens R Gco nds Funds		 (i)
(i)		 6 38
0
Sporrs Clubs Funds
Library Funds		 100 0
(84)		 107 4
06
Picture Gallery
Funds		 zB 0 7 35
Academic Posts Funds 1,380 25 (624) 813 b594
Srudenr Support Funds l,469 48 (9r6) Bzy I 41st
Carhedral
BcChorisrer		 Support Funds 24 I9 (404) 391 3I
Benefices Funds 84 3 (») 28 91.
Ocher Funds (173) zrs 41I
S b-tot (Resui t d u come (E*p ndable) 6,683 I85 (5 7c'5) 6,zyr 0 7434
Build mgs Funds 4 469 n5 (») 6i 4,6D
Gardens RG o nds Funds sr 0 0 65
Spores Funds 30 0 0 36
Library Funds 08 (27) (4) 74
Picrurc GalleT Funds 42 D) 0 50
Srudenr Support Funds 363 27I (66) (ii) 553
Cathedral 6:Chorisrer Supporr Funds 213 99 (89) (io) 1.23
Orher Funds 318 I06 (n6) 14 342
S b-total R t I t dincom f ds 5,6I4 6I9 (irB) so 0 5 975
Total R
t ' t d Fund		 13,017 Bo8 (6,595) 6.943 0 I4,z63

The Gene al L'nresrncted Funds epresenc accumulated income from rhe Houis's acn uies and orher sources thee are a a lable For rhe gene income from rhe Houis's acn uies and orher sources thee are a a lable For rhe gene income from rhe Houis's acn uies and orher sources thee are a a lable For rhe gene al purposes ofrhe al purposes ofrhe
House.
ANALYSIS OF NET ASSETSBETWEEN FUNDS
Unresrr'cted Resrricced Endo men« 2023
Funds Funds Funds Totd
Eooo f.'ooo 6000 f.'ooo
Tangible faed users
Propeny
investmencs
Other invesrments		 9,566
0
(293)		 4 359
0		 0
288,144
56o,469		 13925
288 144
SGonyG
Net currenr
assets		 (i,lm) 9 904 0 7,6rr
Long rerm liabilmes
Pe sion fund and loans		 app o isions (10,013)
(4,220)		 0 (yo,ooo)
0		 (100o13)
(4mao)
(7,253) rt,a63 758,613 765,623
Unresrncred Reirricred Fndowment 2022
Funds Funds Funds Totd
f'ooo Eooo t'000 6'ooo
Tanmble foed assets I0,510 4 197 0 14707
Properry
m estmencs		 0 0 357,829 357,829
Ocher in esrments 2 597 0 501,928 S04 525
Nec current
assers		 (4,873) 8,820 0 3 947
Long rerm liabilities
Pensio
fund md loan		 swap pro is ons (I0,010)
(8.164)		 (90,000)
0		 (roo,oxo)
(8764)
(10,550) 13,017 7G9,757 772,224

Notes USS OSPS
Dateof
d arion		 3I/03/20 jr/03/zz
Date
al scion results		 publishers jo/09/zl zy/o6/zj
Value ofliabilines ESO 6bn Eyr4m
Value ofassecsi E66.5bn E06rm
Fundi
g su plus
/ (defiuc)		 (Er4 rbn) Euym
Pnncipal
assumpnons:
Discou nr race a /5: b Fued mreresr Gits+a.5%to
gilr yield cur e z z5%
plus r%-z.75%
~
Rare oFincrease		 in salaries n/a RPI
Raceofincrease in pensions clk d CPI Ioo5% Ave RPI/C PI
Mortaliry
auumpnons:
Males currenrly aged Gj 24 ol'll
~
Females cu rremly		 aged 65 25 G yrs
~
hl'ales curremly		 aged 45 26.0 Vfs
Females currenrly aged 45 27 4 yrs
Fundmg
Ranos
T«ch
ical pro		 isions basis S3% I05%
Sratutoff Pension Protecoon Fund basis G4% 98%
'Bu3-ouc' basis 5I% 62%
Recommended
employer's		 concribuoon rare 'll 4% lo r9%do
neo
(as%of pensionable salanes) zi.6% from I6.5% tor DB
ol Apr zozz members
from
OI Oci 2023
Effeccive dare of' next m)u soon: 3I/0 3/I.3 3I/03/25

USS Assumptions USS Assumptions USS Change USS Change in Assumptions Assumptions Impacr on USS liabtlnies Impacr on USS liabtlnies
Ininal
re-reriremenc		 discounc rate increase b oz&% decrease b Er.}bn
Post-retiremenc discounr rate decrease b o z&% increase b Ez sbn
CPI decrease b o.r% decrease b Er.&bn
Life expecrancy more prudent assumpuon ( educe rhe adjusrmenc increase by Er zbn
to rhe base morta(i rable b 3%)
Race oFmons( cy more
mortal&		 prude
m		 r assumprion
(increase the annual
ro emenu
ion -term rates b 0 zs'		 incrmse by Eo.6bn
OSPS Assum nones OSPSChan
einAssum		 rions Im accon OSPS tcchnical ronsions
Valuation
rate		 ofinta esc dec ease
increase		 b
b		 o.z&%
o.z&3'		 increase b
2%oF ensionable
ncrease b
r &%of ensionable		 sale les
salanes

The House has certam
Financial
awets
at uansacrion
slue and subsequend,		 The House has certam
Financial
awets
at uansacrion
slue and subsequend,		 The House has certam
Financial
awets
at uansacrion
slue and subsequend,		 The House has certam
Financial
awets
at uansacrion
slue and subsequend,		 a d hnan«ial
measured
ar a		 a d hnan«ial
measured
ar a		 a d hnan«ial
measured
ar a		 a d hnan«ial
measured
ar a		 a d hnan«ial
measured
ar a		 liabiliries
o
d		 liabiliries
o
d		 liabiliries
o
d		 oFa lund
r. C		 oFa lund
r. C		 oFa lund
r. C		 thar qual
t '
orh		 thar qual
t '
orh		 fy as
E		 basic Finanaal
al		 instrumenrs.
e held ac		 instrumenrs.
e held ac		 Bmc iinancial
fair
slue,
irh		 Bmc iinancial
fair
slue,
irh		 Bmc iinancial
fair
slue,
irh		 inscrumems
guns and		 inscrumems
guns and		 a e inirially
(osws bemg		 recogn sed
recognised
wirhm
income and expendimre
The House has rhe fogoiving
financial		 Instru meme. 2023 1011 201} 1021.
Gro
p
I,'ooo		 Group
Eooo		 Th Hous
S.'ooo		 The House
6000
Financial
t
m .
redatf		 'r I ethro gh t tementofgn idactivitims
lnvesrmenrs 560,I76 N4 Hs 59o,&76 549 7 I 9
&Go,r76 504,515 59o,&76 549 7I9
Fi ancial
t
red at		 ortised costi
Cash and cash equi
alenrs
Trade debtors		 IO,IOG
1,980		 l3,362.
'1,931		 S,N9
r,&87		 I1,403
I74'
Amounts o ed by House members I60 rss I&9 148
Amouncs
o ed by Group undertakings		 0 2,041 »579
Accrued income l,49I 6,}Gr l,49I 6,36I
Other debtors I88 '129 75 I72
'3 915 2&,031 139I3 24,404
Ftnanc(H(i
biliti
that sr
d
Nocw. pzyable		 bt instr m t mms red t o ti d costs 90,000 90,000 90,000 90,000
Bank loans - i eluding
more rha		 r year Io,ooo to,ooo Io,ooo 10,000
Tmde creditors 1.,467 z,6zz 2,3I3 »479
Amoums
o
ed to House biembe		 s 471 483 472
College conrnbunon 0 0 0
Accruals and deferred
income		 6,990 3 735 3,&66
Orher credirors l4 l4 2
'09 954 I06,539 106,545 I06,319
F' mcialliabiliri
th tarem		 datf2(rM
Fair
slue cost ofloan swap		 6ss 3 55l 6ss M&5
6ss 3 555 6ss 3 555
Ga ns and losses on rhe loan s ap in the &ear are disclosed on rhe face oF rhe SOFA
RECONCILIATION
OF NET		 INCOMING RESOURCES TO NET CASH FLOW FROM OPERATIONS
2023 1012
Gro p
Eooo		 Group
f'ooo
N ti come (6,60I) 87770
Ei minarion ofnon-ope
aring cash tlo
lmestmenr
income		 (12,406) (28,I80)
Load(Gains)
in in estmenu		 8,948 (90,z87)
Endowmenr
donauons		 (z,gry) (3,0IO)
&mercer
payable on nores		 2,084 2.,073
In estmenr
managem
nr cosrs		 4,G&z &,787
Depreaarion 950 935
8 rplus on sale ofF ed assers 4
Decrease/(Increase)
n stock		 88 (I3d
Decrease/(Increase)
in debrors		 z,&G& (G,906)
(Decrease)/increase
in creditors		 (9 774) t3,G47
(Decrease)/increase
n linen«e		 les e credicors (7) zs
Decrease in pro mons
(Decrease&/Increase
in pension		 scheme liabilny (i)
(r G43)		 (&o)
z,n6
Decrease m loan s
ap reser
e		 (2,900) (z,8&o)
N I
h p odded
by ( s d i		 ) oper Ii g tiwties (26,676) (Ii&.938)

28 ANALYSIS OF ANALYSIS OF CHANGES IN NET DEBT CHANGES IN NET DEBT CHANGES IN NET DEBT
No- sh
Atst tofy~ C h flow* h ng At dofyear
f.'ooo f.'ooo 6'ooo E'000
Go p Go p Gro p Gro p
Cash l3,362 (&,256) lo,l06
Loans falling due after one year -I03 575 7 2.,900 (too,G68)
Torsi (90zt3) (3*49) 2900 (po,562)
xp ANALYSIS OF CASH AND CASH EQUIVALENTS
2013 1022
f.'ooo 6'ooo
Group Group
Cash at bank and ln hand Io,106 t&,&Gz
Nonce deposirs (less chan 3 monchs) 0
Bank overdrafrs
Total cmh
d		 h
q ivalent		 ro,ro6 I3,362.
jo FINANCIAL COMMITMENTS
At n july che House has coral commicmenrs u der non-cancellable operaong leases as fofloivs: 2023
f.'ooo		 1022.
f:ooo
L
d end b ildings
payable irhin one year I,OI5 9G7
payable benveen r o and li e years 4,0GI &,S67
payable in over fve years 29 442 29,007
34 5IS 33 84I
Total expenditure
in rhe yea
on land and		 building ope aring leases ives Erotyk (Inurn. Eo&Sk).
0th r
payable mthin one yezr I5 Io
payable bee. can cwo and fi eyes I
pzyable ln o er fve years
l9 l9
Tocal expend t rein rhe&ear on other operaring leases as DGk (zozr zz fr&k).
CAPITAL COMMITMENTS
There are no capaal commmmenrs chat require disclosure

35 CONSOLIDA TED ST AT M EN T OF FI ANC AL ACTMTIFS fOR HE YEAR E D ED 3I)ULY202 .
Unrestricced Rescricred Endowed 2.011
F nds Funds Funds Totd
Notm E'ooo Eooo E'ooo 5,000
INCOME AND ENDOWMENTS FROM:
Ch
't bl		 tivities:
Teaching,
research and reside		 rial 9,588 9,588
Carhedral
School		 I,99G 65 z,o6r
Carhed
al		 l34 136 Io yso
Don tio d legacies 05 456 l,olo 3,581
Other t
di g income		 97G
Invest
In sarment income 4 l70 IG 17,984 zs,igo
Tora) rerum allocated ro income 34d 0,7I5 y,i86 (I8.90I)
Orher income 6oo l5 Gxy
Totd incom aym94 7,984 I2.I03 45,38I
EXPENDITURE ON:
Charitabl ti 'ti
Teaching, research and residencial 30.6IS 5 039 35,G57
Orher chanrable
seri		 iries 766 766
Carhedral School r,65r 2,65I
Carhedral l,750 3'U »053
Generating f
d*i
Fundraising 794 794
Trading expend rule 947 947
Endo
ment managemenr		 cosrs I84 5,603 5,787
Inreresr pay ble on loan noces »073 2.o73
Total exp
d't		 3G,944 6dog 7,G76 50,718
N tin o
/(Exp		 d't
re)		 be(oreg I (ir,Gyo) x,876 4 427 (5,347)
Net ga ns on in estments Iz, l3 90,287 90187
(Loues)/Gains on complex finanoal insrrurnenrs zG 2,830 x,g/o
N tl
ome		 (s,szo) r,876 M 7I4 87.77o
Transf
b t «		 f nds 34e 590 (994) 404
N t movement
in		 fund
fo		 th y w (s,xyo) ssz 05,lit 87 yyo
Fund balances broughc for ard 34e (2,320) Iz l)5 674,639 684 454
F decarri dfo d tyil ly (xo yso) 13017 769 757 772m24
See page 14for rhe Consolidated Sraremenr ol'Fi a cia l Acrwitics for rhe c renr yeas ro h ch rhis note comps es.

Group Agriculrural Commeroal Reside
cial
and Other		 2011
Totd
f.'ooo Eooo f.'ooo 6000
Valuaoon
Addicions		 ar srarc ofyear
and impro
emenrs		 accosc I45 339
I,380		 0355G
2I,6I9		 36,023
0		 304,9I8
**999
Disposals 60 (yi,osa) (7b922)
Revaluacion 8 'ns/(losses) in che year 47,967 50,614 3,2,52 sor,833
Valu
rio		 t end ofy I94746 I13,807 39175 357,81st
Th
Hous		 Residenrial 202.1
Agriculcural Commercial and Orhe Total
I.000 Eooo I'ooo f,000
Valuanon ar srarr ofyear 98,663 I13,558 36,023 258,244
Addnions
Disposals
Revaluation		 a d impro
emencs
gains/(louse)
in		 at cost
che year		 2.)l
6o
47,967		 2I,GIB
(71982)
50,613		 0
3,2.52		 12849
(70912)
rot,gja
Val
tio		 at end ofy r I46,921 l13,(I07 39n7t 310003

Permanenr Endosvmenc Expendable Expendable Total
Unapphed Endo ment Endowments
Trust for Torsi
In esrmenr Recurn Total
f.'000 F.000 5'ooo Eooo Oooo
At th
bqrinnfng
ofthe		 you s
G ft «omponenr
of		 che permanent endo menr '4n34 '4 a34 14134
Unapplied
coral recurn		 14,036 14,03G 14,03G
E pe dable endowmenc 646.369 64G,)69
Totn Endowments 14a34 14,036 18,syo 646,369 G7+639
Mo
m nts in the		 reporting p indi
Gifi ofendowment funds 147 147 1,863 3,010
In esrmenr
recurn:		 coral in esrmenr income 1,175 1,175 16.819 17994
In escmenr
scum		 real sed and unrealised gains and losses 3 791 3791 86,495 90,287
less
Invescmenr
management		 costs Osr) (iai) (7 355) (7 67G)
0 he
transfers		 69 335 404
Totd 147 4 715 4,861 '09 '57 u4,019
Unapplied
total return		 allocared to income in rhe reporting penod (Uo) (yn) (rg,r61) (18,901)
E»pendable
endoivmencs		 rransf'er ed to inco ne 0 0
0 (rs,r61) (18,901)
N t mov ments in reporting p iod 147 3,97G %123 90995 95,118
At
d ofthe reporting		 period.
Gift component
of		 rhe permanent endo menr 14,381 14,381 14,381
Unapplied
coul recurn		 IB,OI2. IB,on IB,OI2
Expendable
endoivmenc		 737,364 737,364
Tot IEndomnents 14,38t 18,012 3»393 737,364 769,757

ANALYSIS OF THE MO V E M ENT ON FUNDS f OR THE YEAR ENDE D Ir JULYaoa a
Ar I August Guns/ Atsi J ly
2021 Income Elpendirure Transfers (losses) 2012
Fooo Eooo 6'ooo I'ooo Eooo Eooo
Endom
t F nds -		 P mment
Studenc Supporc Funds tools 445 (nG) (ayi) 1,370 tr,686
Academic Posrs Funds r7,936 874 (loi) (395) 2.,4I0 20,G20
Library Funds 76 3 IE (2) II 87
Endom
t Funds -		 Esp dable
Heyman-Moric
Benefacoon		 60,39G 2,498 (685) (l,7II) B,o59 68,557
Dr Sourh (3/lchs) 38,480 I,571 (43I) h 077) 5 072 43,6ts
Lee Bene('acoon IO179 IM (I6r) (402) I.891 I6 093
Mercury
Fund
(5/yrhs)		 '2 939 535 B47) (367) 1,717 r4,687
Buildings
Funds		 6,2.58 159 (yr) (r76) 83) 7 105
Gardens
Sr Grounds
Funds		 59G 15 (6) (I7) Bo 678
Sporrs Clubs Funds 32 I 0 (i) 4 36
Library Funds 3,5G9 I79 (ti) (99) 480 s,o88
Piccure Gallery Funds 500 21 (6) (i4) 67 568
Academic Posrs Funds 33 345 1,501 (38o) (839) 6465 Is,o93
Student Supporr Funds
Carhedral
ScChonsrer Supporr		 Funds 27,1GB
'3 994		 2,3n
7'5		 (321)
(I55)		 (709)
(357)		 3 790
I,BI7		 31639
r6,ot4
Benefices Funds 13H4 974 (267) (667) 3,14I 1G,715
Other Funds I0,7GI 1,148 R3I) (yr) u539 I3,346
General Endo vmenr Funds aoo,los l7,15G (4.55i) (II,321) 53 H9 455 420
Tot IEndo
ntF		 nds 67n639 3I,004 (7 676) (r8 497) 90,287 769,757
Restri
t dl
ome Fund		 -P rmanent
Srudenr Support Funds I96 (r48) I75 223
Lbrary Funds 8 (r) I 8
Academic Posts Funds 4)G (312) 373 489
S b-toodR
t ' ted		 in *m (P rmanent) 640 (47i) 549 720
Restrined I
ome F		 nds - E p ndable
Heyman-Morits
Benefacuon		 15I (n530) l,7II 3H
Dr Sourh (I/lths) 2.I36 10 (726) I,077 »PI7
Lee Benefacrion 303 O/i) 402 334
Mercun Fund (5/ychs) 34 (40i) 367 0
8 i)dinge 27 0 5 31
Gardens
Sr Grounds		 Funds 0 (1) 2
Sporrs Clubs Fu ds 0
1.brary 5unds
P ccure Gallery Funds		 7I
22		 0 (69)
0		 98
6		 100
18
Academic Posts Funds 1,154 83 (696) 739 I 380
Sr dent Supporc F nds 1,440 37 (7») 7ii 8469
Cachedral
BcCho iscer Support		 Funds 2.4 r6 (383) 357 24
Benefces Funds Ioo (n) 2.5 84
Orher Funds 347 (i61) 183 3G9
S b-total R
t I t d		 incom (E p nd ble) 5,9II (5.ioe) 5,688 0 6,683

ANALYSIS OF MOVEME N TS ON FUNDS CO NTINUED
At I August Gains/ At)r July
I,ou income Fupendicure Transfe
s		 (losses) 2022.
Fooo 8'ooo EQQQ Fooo Zoon 3,000
Buddings
Funds		 4, )G8 I25 (») 8 4,469
Gardens
dc Grounds
Funds		 94 (4i) 0 Go
Sporrs Funds 15 0 0 30
Library Funds
Picrure Gallery
Funds		 111
47		 (5) (4)
0		 98
41
Srudenr
Supporr Funds
Cachedral
ta Chonster
Supporr		 Funds )Go
159		 Gj
302		 (58)
(171)		 (4)
(67)		 363
211
Other Funds 199 IOI 2.2 318
S b-tong Rmtrictedin
Om		 F nd 5 574 (U) 0 5,622
TotURestri
t dF
nds		 I1,I35 798 (6,ios) 6,292 0 I3 017
Unrestri
t d F nds
Designated
funds
General
funds		 ' 494
5,650		 IOI
I),050		 ()So)
(34 063)		 343
0,962.		 0
0		 I 589
(),soi)
Defined beneFit pension
scheme		 reser e (I99I) (2,2I6) 0 0 (5 aoy)
Loan s
ap hir value ress		 e (6,385) 0 1,8)0 (3 555)
Total U
tricted F
d		 -The Ho (2,2.)1) l3,151 ()6,619) Il.,305 e
Designated
funds - subsid
General
funds - subsidianes		 aries (88) 412 0
(3I2)		 22
Revaluauon
reser e - subsidianes		 0
Tote(Un
tri tedFund		 -s heidi (88) 422 (»I)
Total Un
tri ted Fund		 - Group (2,310) I3 579 (3G,944) u,30) 1,8)o (ro,jjo)
Total F
ds		 68oa)4 45, 38i (50,718& 0 9307 77+224