## **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**|
33 of 49
**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._
- _(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._
PDB RJCG ADB 8/10/2025
34 of 49
**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**||
|R Gilbert
3.4||||
|R Gilbert
3.5||||
|R Gilbert
3.6
R Gilbert
3.7
R Gilbert
3.8||||
|R Gilbert
3.9
R Gilbert
3.10
R Gilbert
4.11
R Gilbert
3.12
R Gilbert
3.1||||
|R Gilbert
3.2
R Gilbert
3.3||||
|**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)**||||
|||**Total income**||
|||**Total expenditure**||
|||**Surplus (Deficit)**||
|||||