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2022-06-30-accounts

Reference and Administrative
Details
Reference and Administrative
Details
Trustees' Report 2 to 3
Statement ofTrustees' Responsibilities
independent
Auditors'
Report 5 to 8
Statement ofFinancial Activities
Balance Sheet 10
Statement ofCash Flows
Notes to the Financial Statements 12to 2D
Cornell University Cornell University Cornell University Fonndaiion (UK) Limited (UK) Limited
Reference and Administrative Details
Cbarity Cornell University Foundation (UK) Limited
Trastees D Collier
REly
TCary
Secretary EFlood
Principal Office 19Norcott Road
London
N16 7EJ
Registered Otfice 19Norcott Road
London
NI67EJ
Company Registration Number 08187231
Cbartty Registration Number 1149064
Auditor Westlake Clark Audit LLP
7 Lynwood Court
Priestlands Place
Lymington
Hampshire
SO41 9GA

Unrestricted Restricted Total
Note funds
8
funds
8
2022f
Income and Endowments from:
Donations
and legacies
2,296 859.747 862,043
Totallncome 2.296 859,747 862,043
Expenditure
on:
Charitable
activities
(3,403) (860,572) (863,975
Total Expenditure (3.4637 ~(86II,572 (863,975)
Net expenditure (1,107) (825) (1,932)
Net movement
in funds
(1,107) (825) (1,932)
Reconciliation offunds
Total funds brought forward 834 1332 2,066
Total funds carried forward 14 (273) 407 134
Unrestricted Restricted Total
Note funds
8
fundsf 2021
8
Income and Endowments from:
Donations and legacies 33,087 328,907 361,994
Total income 33,087 328,907 361,994
Expenditure
ont
Charitable
activities
(35,170) (329,943) (365,113)
Total expenditure (35,170) (329,943) (365,113)
Net expenditure (2,083) (1,036 3,119
Net movement
in funds
(2,083) (1,036) (3,119)
Reconciliation offunds
Total funds brought forward 2,917 2,268 5,185
Total funds cerned forward 14 834 1,232 2,066

Balance Sheet as at 30June 2022
Note 2022 2021f
Current assets
Debtors 1,549
Cash at bank and in hand 20,693 518
20,693 2,067
Creditors: Amounts falliag due withia one year 12 (20,558)
Net assets 135 2,067
Funds ofthe charity:
Restricted 14 407 1,232
Unrestricted
income
funds
Called up share capital 13 I 1
Unrestricted 14 (273) 834
Total unrestricted funds (272) 835
Total funds 135 2,067

Statem ent ofCash Flows for the Year Ended 30J une 2022
Note 2022 2021f
Cash flows from operating aciivities
Net cash expenditure (1,932) (3,119)
Working capital adjustments
Decrease in debtors
Increase/(decrease)
in creditors
ll
12
1,549
38.558
1,450
~3338.363
Net cash flows from operating activities 20,175 (120,032)
Net increase/(decrease)
in cash
and cash equivalents 20,175 (120,032)
Cash and cash equivalents
at I
July 518 120,550
Cash and cash equivalents
at30June
20,693 518

3
Incom
e from donations
and legac
ies ies
Unrestricted
funds Restricted Total Total
General
f
fundsf 2022f 2021
Donations snd legacies;
Donations from individuals 2 233 850,025 852,258 295,775
Gin aid reclaimed 63 9,722 9,785 66,219
2.296 899.747 862.642 361.994

Activity
undertaken Activity
directly support costs
f
2022 2021
Grants payable - Cornell University 863,593 382 863,975 365,113

14 Funds
Balaace at I Incoming Resources Balance at30
July 2021
f
resaurces
f
expended Juae 2022
f
Unrestricted
funds
General
Unrestricted
income fund
834 2,296 (3,403) (273)
Restricted
funds
Class of1965dues and donation 200 (200)
i,aw school- impact Fund for LLP
Program 7,862 (7,862)
PHD scholarship
atthe Johnson School
15,312 (15,312)
Friends ofPhysics 407 770 (770) 407
Mathematics
Library
625 3,125 (3,750)
Psi Upsilon Capital Campaign 1,700 (1,700)
Library and Sibley school ofMechanical
and Aerospace Engineering 680 (680)
Annual
Fund for Undergraduate
Scholarships 4,713 (4,713)
Johnson Graduate School of Management 11,893 (11,893)
Cornell Law School Annual Fund 3,750 (3,750)
Royall Tyler Moore Endowment for
Systematic
and Development
Mycology 263,235 (263,235)
Ornithology
Lab
680 (680)
Graduate
School Annual
Fund
625 (625)
School ofHotel Administration 5,712 (5,712)
College ofHuman
Ecology
4,713 (4,713)
Scholarship
support for a student
fram
Francophone
Africa
14,420 (14,420)
Atkinson
Center for Sustainability
500,000 (500.000)
LCP Ho il Scholarship
Fund
at College of
Arts Jt Sciences 20,557 (20,557)
Total restricted funds (. 3 859.747 ~(860,57 407
Total funds 2,066 863.043 (863.9753 (34

Notes to the Financial Statement s for t he Year Ende d 30June 2022
Balance at I Incoming Resources Balance at30
July 2020 resources expeaded Juae 2021
8 8
Unrestricted
funds
General
Unrestricted
income fund
2,917 33,087 (35,170) 834
Restricted
Class of1965dues and donation 600 (400) 200
Gert L.and Daisy C.Daniels Fund 31,250 (31,250)
French Clerkship
Program
16,662 (16,662)
Faculty Fellowship
Program
1,650 400 (2,050)
Mathematics
Dept. for graduate
students 702 (702)
Law school- Impact Fund for LLP
Program 7,915 (7,915)
PHD scholarship
at the Johnson
School 231 15,625 (15,856)
Friends ofPhysics 291 768 (652) 407
Mathematics
Library
3,125 (2,500) 625
college ofArts and Sciences -Bridge
funding
and new endowed
scholarship
186,955 (186,955)
College ofArts Jt Sciences - Statistics
Department(Tower
Club)
14 (14)
Cornell Program
in Infrastructure
Policy
Fund 62,500 (62,500)
Psi Upsilon Capital Campaign 50 1,700 (1,750)
Library and Sibley school ofMechanical
and Aerospace Engineering 705 (705)
ArXiv gills 32 (32)
Total restricted funds 2,268 328,907 (329.943) 1,232
Totalfunds 5,185 361,99 ~365,1l3) 2,066