## **Magdalen College Trust CIO – Registered Charity number 1161056 – Report for 2023- 2024**
In the past year the Magdalen College Trust has made awards to the following organisations:
|**June 2023**|**Cause/ Charity**|**Grant£**|
|---|---|---|
||The Porch, Oxford|500|
||Oxfordshire Sexual Abuse and Rape Crisis Centre
Restore Mental Health Charity|500
500|
||Unireach|500|
||South Oxford Adventure Playground|250|
||Oxford Refugee Health Initiative|1000|
||Jacari Oxford|500|
||Asylum Welcome Oxford|500|
||Oxford Mutual Aid|500|
||Didcot Railway Centre|250|
||The Mill, Oxford City Wellbeing Hub of Oxfordshire's Mind
Cowley Road Works|250
250|
|**Subtotal**||**5500**|
|**November**
**2023**|||
||Budongo Conservation Field Station|250|
||Home-Start Oxford|400|
||Reclaim the Sea|500|
||Asylum Welcome|500|
||AIMS (Multiple Sclerosis charity)|500|
||Great Ormond Street Charity|500|
||Oxford Amateur Rowing Club|500|
||Alsama Project|500|
||Papyrus Prevention of Young Suicide|500|
||South Central Ambulance Charity|500|
||East Oxford Primary School|350|
||Mid Cheshire Foodbank|500|
||Parkinson’s UK|500|
|**Subtotal**||**6000**|
|**February**
**2024**|||
||Oxford Nightline|500|
||Oxford Mutual Aid|1000|
||Medical Aid for Palestinians|1000|
||The Amateur Entomologists'Society|1000|
||Riverside Counselling Service|500|
|**Subtotal**||4000|
|**Total**||**15500**|
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Bids were received from JCR, MCR, and SCR members, and were considered by the MCT Committee in light of the MCT’s objectives:
_(2) The Objects of the Charity are to advance education and to advance citizenship and community development by encouraging, facilitating and providing opportunities for the full participation in charitable activities, and in the management of charitable activities, by the present and former members of the Governing Body, Supernumerary Fellows and Students of the College._
- _(3) Without limiting the generality of subsection (2), the Charity may, in particular, pursue activities:_
- _(a) in which Ordinary Members are involved; and_
- _(b) for the particular benefit of young or underprivileged people; and_
- _(c) for the benefit of the people of the Parish of St Mary, Somers Town, London._
PB RB AB 8/10/2024
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**Registered Charity the Magdalen College Trust CIO Number 1161056**
## **MAGDALEN COLLEGE TRUST**
## **ACCOUNTS**
**For the year ended 31 March 2024**
Page 1
## **MAGDALEN COLLEGE TRUST**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **For the year ended 31 March 2024**
||**2024**|**2023**|**2022**|
|---|---|---|---|
||£|£|£|
|**INCOME**||||
|Donations and subscriptions:||||
|Legacy||||
|General Donations|143|156|216|
|Junior, Middle and Senior Common Rooms|5,522.50|6,847.14|6,585.15|
|Gift Aid|0|0|0|
||------------||------------|
||5665.05|7,003.14|6,801.15|
|Income from investments|12,834|10,772|16,503|
|Interest (CAF Bank)|3.6|||
||------------|------------|------------|
|Total income|18,499.40|17,775.14|23,304.15|
|**EXPENDITURE**||||
|Grants|11,100|19,000|2,250|
|Sundry Expenses|0|0|0|
|Bank Charges|15|0|0|
||------------|------------|------------|
||11,115|19,000|2,250|
||------------|------------|------------|
|**SURPLUS FOR THE YEAR**|7,384|-1,225|21,054|
||=======|=======|=======|
Page 2
## **MAGDALEN COLLEGE TRUST**
## **STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2024**
|**2024**
**2023**
**2022**
**2018**|**2024**
**2023**
**2022**
**2018**|**2024**
**2023**
**2022**
**2018**|**2024**
**2023**
**2022**
**2018**|**2024**
**2023**
**2022**
**2018**|**2024**
**2023**
**2022**
**2018**|**2024**
**2023**
**2022**
**2018**|**2024**
**2023**
**2022**
**2018**|**2024**
**2023**
**2022**
**2018**|**2024**
**2023**
**2022**
**2018**|
|---|---|---|---|---|---|---|---|---|---|
|||||||£|£|||
|||||||||||
|Investments,at cost||||(Note 3)|51,343|51,343|51,343|||
|Investments,current value|||||0
0
----------
26,502
15968.6
**42,471**||339581.87|||
|||||||||||
|Debtors||||||||||
|Magdalen College||||||0|0|||
|Income Tax recoverable$||||||0|0|||
|Lessprovision||||||||||
|||||||----------|---------|||
|Balances with bankers:||||||||||
|NatWest Current Account||||||35,043|36,268|||
|CAF Bank Account||||||||||
|**Total cash held, March 31st 2024**||||||||||
|||||||||||
||||||------------|------------|------------|||
||||||93,814|86,386|87,611|||
||||||=======|=======|=======|||
|$Unrecovered since 2011||||||||||
|||||||||||
|||||||||||
|**CAPITAL ACCOUNT**
Balance at beginning and end of year
45,318
45,318
45,318
**INCOME ACCOUNTS**
Balance at beginning of year
35,043
36,268
36,344
Surplus for the year
7,428
(1,225)
-76
Balance at the end of year
42,471
35,043
36,368
------------
------------
------------
87,789
80,361
81,686
=======
=======
=======||||||||||
Paul Billingham .................................................................
F. D. Rose………………………………………..…
Dated ………………………………..
Magdalen College Trust Bank transactions Y/E 31 March 2024
**Donations NatWest Account**
date £
## **Receipts**
|**TOTAL INCOME (NatWest)**
**Expenditure NatWest Account**
Grants
Auditory Verbal UK
Asylum Welcome
Cowley Road Works
Didcot Railway Centre
Edge Housing
Home Start Oxford
Jacari
Magdalen College Trust CIO CAF Acct
Nightline (University of Oxford)
Oxford Mutual Aid
Oxfordshire Mind
Oxon Sexual Abuse & Rape Crisis Centre
OX4 Food Crew (Flo's Place in the Park)
Read Easy UK
South Oxford Adventure Playground
The Porch
**Total**
**Donations CAF Account**|chq no|102.55|102.55|
|---|---|---|---|
||||500
500
250
250
500
500
500
20000
500
500
250
500
1000
500
250
500
27000|
|R Gilbert
R Gilbert|2.2
5.2||20
10|
|R Gilbert|4.3||10|
|**Transfer from NatWest Account**
**Interest CAF Account**
**Expenditure CAF Bank**
Budongo
AIMS Charity (Autoimmune/MS)
Alsama Project
Home Start Oxford
Parkinsons Disease Society UK
Oxford Amateur Rowing Club
East Oxford Primary School
Great Ormond St Hosp (A. Pott)
Papyrus
Banking Charge (£5 per month)
**Total Charitable Expenditure (External Donations)**|15.2
26.3||40
20000
3.6
250
500
500
500
500
500
350
500
500
15
11100|
|**Dividends NatWest Account**
date|£|
|---|---|
||12,834.35|
|**Opening Balance NatWest**
**Total Income NatWest**
**Expenditure NatWest**
**Closing Balance NatWest**
**Opening Balance CAF Bank**
**Total Income CAF Bank**
**Expenditure CAF Bank**
**Closing Balance CAF Bank**|£
35,042.84|
|---|---|
||18,459.40|
||-27,000.00|
|||
||26,502.24|
||0|
||20083.6|
||-4115|
||15968.6|