Magdalen College Trust CIO – Registered Charity number 1161056 – Report for 2024-2025
In the past year the Magdalen College Trust has made awards to the following organisations:
| Trinity 2024 |
Cause / Charity | Grant £ |
|---|---|---|
| Edge Housing | 500 | |
| Radley CE Primary School | 250 | |
| The Maple Tree Children’s Centre Charity | 500 | |
| Free to be Kids | 750 | |
| Music at Oxford | 750 | |
| Carswell Community Primary School | 500 | |
| Macmillan Cancer Support | 500 | |
| Keen Oxford | 500 | |
| My Life My Choice | 400 | |
| Oxford City Farm | 750 | |
| Outreachy | 750 | |
| Subtotal | 6150 | |
| Michaelmas 2024 |
||
| South Oxford Adventure Playground | 300 | |
| Oxfordshire Mind | 400 | |
| Oxford Clinical School Society of Lifestyle Medicine | 500 | |
| East Oxford Primary School | 350 | |
| The NewGround Foundation | 500 | |
| Story Museum | 400 | |
| Patchwork Foundation | 500 | |
| The Tingewick Society | 500 | |
| AIMS https://www.aimscharity.org/ |
500 | |
| Home Start Oxford | 400 | |
| Jacari | 500 | |
| South Central Ambulance Charity | 500 | |
| Oxford Refugee Health Initiative | 500 | |
| Subtotal | 5850 | |
| Hilary 2025 |
||
| Oxford Mutual Aid | 1000 | |
| JACT Latin Summer School | 500 | |
| Asylum Welcome | 1000 | |
| Romsey Young Carers (RYC) | 1000 | |
| Amateur Entomologists'Society | 1000 | |
| River Action UK | 500 | |
| **Subtotal ** | 5000 |
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Total 17000
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.
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(3) Without limiting the generality of subsection (2), the Charity may, in particular, pursue activities:
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(a) in which Ordinary Members are involved; and
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(b) for the particular benefit of young or underprivileged people; and
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(c) for the benefit of the people of the Parish of St Mary, Somers Town, London.
PDB RJCG ADB 8/10/2025
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Registered Charity the Magdalen College Trust CIO Number 1161056
MAGDALEN COLLEGE TRUST
ACCOUNTS
For the year ended 31 March 2025
Page 1
MAGDALEN COLLEGE TRUST
RECEIPTS AND PAYMENTS ACCOUNT
For the year ended 31 March 2025
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | £ | |
| INCOME | |||
| Donations and subscriptions: | |||
| Legacy | |||
| General Donations | 123 | 143 | 156 |
| Junior, Middle and Senior Common Rooms 6,105.00 |
5,522.50 | 6,847.14 | |
| Gift Aid | 0 | 0 | 0 |
| ------------ | ------------ | ||
| 6227.55 | 5,665.50 | 7,003.14 | |
| Income from investments | 13,014 | 12,834 | 10,772 |
| Interest (CAF Bank) | 17.02 | 3.60 | |
| ------------ | ------------ | ------------ | |
| Total income | 19,258.91 | 18,499.50 | 17,775.14 |
| EXPENDITURE | |||
| Grants | 15,250 | 11,100 | 19,000 |
| Sundry Expenses | 0 | 0 | 0 |
| Bank Charges | 60 | 15 | 0 |
| ------------ | ------------ | ------------ | |
| 15,310 | 11,115 | 19,000 | |
| ------------ | ------------ | ------------ | |
| SURPLUS FOR THE YEAR | 3,949 | 7,385 | -1,225 |
| ======= | ======= | ======= |
Page 2
MAGDALEN COLLEGE TRUST
STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2025
| 2025 2024 £ Investments, at cost (Note 3) 42,398 42,398 Investments, current value Debtors Magdalen College 0 0 Income Tax recoverable$ 0 0 Less provision ---------- ---------- Balances with bankers: NatWest Current Account 45,624 42,471 CAF Bank Account 755.62 15,928.60 Total cash held, March 31st 2025 46,380 |
2023 2024 £ 42,398 332,225.35 (2018 prices) 0 0 --------- 35,043 |
|---|---|
Paul Billingham .................................................................
F. D. Rose………………………………………..…
Dated ………………………………..
Magdalen College Trust Bank transactions Y/E 31 March 2025
Receipts
| Donations NatWest Account date J.G.Studholme 1.5 J.J.Fletcher 3.6 K.M.Carlisle 2.1 TOTAL INCOME (NatWest) Expenditure NatWest Account Donations CAF Account |
£ Dividends NatWest Account date Scottish American 11.4 1.05 Merchants Trust 23.5 0.50 Witan 7.6 1.00 Scottish American 20.6 JPMF 1.7 Merchants Trust 30.8 Witan 13.9 Scottish American 19.9 JPMF 1.10 Merchants Trust 21.11 Scottish American 12.12 Witan 27.12 JPMF 2.1 Merchants Trust 24.3 Witan 31.3 Magdalen College 20.3 2.55 19,121.89 0 Opening Balance NatWest 10 Total Income NatWest 10 Expenditure NatWest 10 10 10 Closing Balance NatWest 10 10 10 10 Opening Balance CAF Bank 10 Total Income CAF Bank 10 Expenditure CAF Bank 10 120 Closing Balance CAF Bank 0 7.20 Total income 5.14 Total expenditure 4.22 Surplus (Deficit) 0.46 17.02 18.12 18.12 18.12 21.11 18.12 21.11 21.11 31.5 30.5 14.1 21.11 21.11 21.11 3.6 30.5 28.5 18.12 18.12 18.12 28.5 19.12 18.12 28.5 21.11 18.12 19.12 18.12 15250 60 |
£ Dividends NatWest Account date Scottish American 11.4 1.05 Merchants Trust 23.5 0.50 Witan 7.6 1.00 Scottish American 20.6 JPMF 1.7 Merchants Trust 30.8 Witan 13.9 Scottish American 19.9 JPMF 1.10 Merchants Trust 21.11 Scottish American 12.12 Witan 27.12 JPMF 2.1 Merchants Trust 24.3 Witan 31.3 Magdalen College 20.3 2.55 19,121.89 0 Opening Balance NatWest 10 Total Income NatWest 10 Expenditure NatWest 10 10 10 Closing Balance NatWest 10 10 10 10 Opening Balance CAF Bank 10 Total Income CAF Bank 10 Expenditure CAF Bank 10 120 Closing Balance CAF Bank 0 7.20 Total income 5.14 Total expenditure 4.22 Surplus (Deficit) 0.46 17.02 18.12 18.12 18.12 21.11 18.12 21.11 21.11 31.5 30.5 14.1 21.11 21.11 21.11 3.6 30.5 28.5 18.12 18.12 18.12 28.5 19.12 18.12 28.5 21.11 18.12 19.12 18.12 15250 60 |
£ 648.47 426 604 588.74 2907.78 432 700 605.80 1692.45 438 631.41 604.62 1692.45 438 604.62 13,014.34 6105 6105.00 £ 26,502.24 19,121.89 0.00 45,624.13 15928.60 137.02 -15310 755.62 19,258.91 -15,310.00 3,948.91 |
|---|---|---|---|
| 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 |
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| R Gilbert 3.4 |
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| R Gilbert 3.5 |
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| R Gilbert 3.6 R Gilbert 3.7 R Gilbert 3.8 |
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| R Gilbert 3.9 R Gilbert 3.10 R Gilbert 4.11 R Gilbert 3.12 R Gilbert 3.1 |
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| R Gilbert 3.2 R Gilbert 3.3 |
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| Total donatons CAF Account Transfer from NatWest Account Interest CAF Account 26.6 26.9 27.12 26.3 Total interest CAF Account Expenditure CAF Bank AIMS 500 Clinical School Society of Lifestyle Medicine 500 East Oxford Primary School 350 Free to be Kids 750 Home Start Oxford 400 KEEN 500 Macmillan Cancer Support 500 MAP 1000 Mid-Cheshire Foodbank 500 Music at Oxford 750 My Life My Choice 400 OCC Edge Housing 500 OCC Radley C of E Primary 250 Oxford City Farm 750 Oxford Mutual Aid 1000 Oxford Refugee Health Initiative 1000 Oxford Refugee Health Initiative 500 Oxfordshire Mind 400 Patchwork Foundation 500 Riverside Counselling 500 South Central Ambulance Charity 500 South Oxford Adventure Playground 300 The Amateur Entomologists 1000 The Maple Tree 500 The Newground Foundation 500 The Story Museum 400 The Tingewick Society 500 Total Charitable Expenditure (External Donations) Banking Charge (£5 per month) |
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| Total income | |||
| Total expenditure | |||
| Surplus (Deficit) | |||