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2021-03-31-accounts

Magdalen College Trust CIO – Registered Charity number 1161056 – Report for 2020-2021

This year we have made awards to the following organisations:

June 2020 Lighthouse Great Missenden 500
HCPT Pilgramage Trust 600
Pegasus PrimarySchool 500
The Yard Theatre 500
Institute for Computingin Research 500
Nasio Trust 500
British Red Cross 500
Viva 250
Trax 250
Oxford East Stayand PlayProject 250
Root and Branch 250
St Francis School* 414
Subtotal 5014
* Made byexecutive decision(Chair and Treasurer) post-meeting
November 2020 Radio Cherwell 800
Oxford Nightline 250
Home-Start Oxford 500
Oxford Mutual Aid 500
Education for All 850
Tingewick Trust 500
The Gate House 300
John Mason School 500
Subtotal 4200
February2021 Homeless Oxfordshire 300
Crisis Skylight Centre 300
Oxford Mutual Aid 500
Trussel Trust 300
Thames Festival Trust 500
Potential Plus UK 500
BigVoice London 500
Dogs for Good 500
&Asian 500
The Porch 300
Subtotal 4200
Total 13414

R J C G P B A B

30[th] September 2021

Registered Charity the Magdalen College Trust CIO Number 1161056

MAGDALEN COLLEGE TRUST

ACCOUNTS

For the year ended 31 March 2021

Page 1

MAGDALEN COLLEGE TRUST

RECEIPTS AND PAYMENTS ACCOUNT

For the year ended 31 March 2021

2021 2020 2019
£ £ £
INCOME
Donations and subscriptions: 12735.06 0 3,715.00
Legacy
General Donations 216 216 216
Junior, Middle and Senior Common Rooms
12,735.06
0 3,715.00
Gift Aid 0 0 0
------------ ------------
12951.11 216 3,931.00
Income from investments 10,586 9,758 9,116
Refund
------------
Total income 23,536.66 9,974 13,047.14
EXPENDITURE
Grants 2,250 14,685 11,150
Sundry Expenses 0 0 0
Bank Charges 0 0 0
------------ ------------
2,250 14,685 11,150
------------ ------------
SURPLUS FOR THE YEAR 21,287 -4,711 1,897
======= ======= =======

Page 2

MAGDALEN COLLEGE TRUST

STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2021

2021
2020
2019
2018
2021
2020
2019
2018
2021
2020
2019
2018
2021
2020
2019
2018
2021
2020
2019
2018
£ £ £
Investments,at cost (Note 3) 51,343 51,343 51,343
Investments,current value 339581.9
Debtors
Magdalen College 0 0 0
Income Tax recoverable$ 0 0 0
Lessprovision
--------- --------- ---------
Balances with bankers:
NatWest Current Account 36,344 22,201 14,186
*2016: 255,245.72
------------ ------------ ------------
87,687 73,544 65,529
======= ======= =======
$Unrecovered since 2011

CAPITAL ACCOUNT

Balance at beginning and end of year 45,318 45,318 45,318
INCOME ACCOUNT
Balance at beginning of year 14,186 22,201 23,156
Surplus for the year 22,158 (7,144) (956)
Balance at the end of year 36,344 14,186 22,201
------------ ------------ ------------
81,662 59,504 67,519
======= ======= =======

Paul Billingham .................................................................

F. D. Rose………………………………………..…

Dated

………………………………..

Magdalen College Trust Bank transactions Y/E 31 March 2021

Expenditure

Cashed
Next yr
[Uncashed]
Grants
chq no
&ASIAN
1309+1340
1000
Allgood
Archway
Big Voice London
1307+1338
1000
Centre for Theology and Communities
Crisis (Skylight Centre)
1302
300
Dogs for Good
1308
500
East Oxford Stay & Play
1328
250
Education for All Morocco Ltd
[1314]
850.00
FELLOW
Gatehouse
1316
300
Hackney Quest
HCPT
1319 [1330]
600
300.00
Home Start Oxford
1313
500
Homeless Oxfordshire
1301
300
Insitute for Computing Research
1342
500
Jacari
1327
400
John Mason School
1317
500
Kite Oxford
1323
700
Lighthouse 88
1318
500
Lincoln College Vacation Project
Little Dreamers Foundation (Shante
1117
1250
Nasio Trust
1320
500
New Paths Music
1324
280
Nightline
1312
250
Nottinghamshire and Notts Refugee
1331
500
OSARCC
1334
500
OX1
[1118]
1250.00
Oxbridge India Covid Relief
1332
500
Oxford Churches Debt Centre
1326
250
Oxford Mutual Aid
1303+1335
1250
Oxford Pro Bono Publico
Philip David Gray Memorial Trust
1341
1000
Potential Plus UK
1306
500
Radio Cherwell
1311
800
Ramsgate Food Project (Canterbury
1325
300
Rivertime Boat Trust
1339
500
Root and Branch
1322
250
SeeSaw
1333
500
St Francis Primary School
1120
1000
Teach A Child Africa
1329
500
Thames Festival Trust
1305
500
The Porch
1310+1336
800
Tingewick Society
1337 [1315]
500
500.00
Trax
[1321]
250.00
Trussell Trust (Bicester Food Bank)
1304
300
17530
TOTAL EXPENDITURE
2,250.00
Current Account
Balance at 31 March 2020
Receipts
Payments
Fraudulent (recovered)
Fraud repayment
Balance at 31 March 2021
£
14,185.70
23,536.66
-2,250.00
-593.04
1,464.48
36,343.80