CHARITY NUMBER 1162897 Bowman Fund I kl E l N I S (-. I c) THE 1815 CHARITABLE IM¢ORPORATeD ORGANISATION HE BOWN FUND. ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 THE 1815 CHARITABLE INCORPORATED ORGAMISATION CONTENTS PAGE YEAR ENDED 31 IIARCH 2021 col￿ENTs PAGE General i on Annud report Trustees Ir•Jepondent n￿ne¢S to thè Tru8te88 Statemerrt of nancl•l activits•s Bdan¢e lh Nole8 to the fi ncO•l $tat•m•nts 9-11 THE 1815 CHARITABLE IllcoR￿TED ORGAMISATION GENERAL INFORMATK)M Ro918tsrgd Gha name The 1815 Ch*ifable IncOrp￿th Organlsatoon. al80 krKA•m &%'The Btr••man FurKI' Charlty number 1182897 Prfncl￿l addrn hite Lc*Jge 3 The Gardens Esher Surrey KTIO 8QF D Brockbb•nk- ChaSman D Ck4rk- Independent Truslee D Foster- Independent Twsl•• N pe￿8- Ind8F4ndent Trustee E Tench- Independent Tru8tee J Keel- Independent Trust8• P Parker - Nominated Tru$t•e K Ardakov- Nomlnated Trustee Ind•p•nd•nt Jad[￿ CrrAKh JCA Accounlants lthnd VM¥ 9b Hurst Road Milford on Seo H•mpJhlr• S041 OPY Bank•rn Barclay8 Bank PIC 4th Floor Aw Plaza Reading RG1 IAX W•b•lt• Em•ll addre•• THE 1815 CHARITABLE INCORPORATED ORGAIIISATION AMNUAL REPORT OF THE TRUSTE&8 YEAR ENDED 31 IAARCH 2022 The TN8tee8 are Charitabl8 Incorpo 'The Fund. or'Th sed to pre8ent the Annual Report Financial StateMe￿s for The 1815 led Organisation lythking name The Bcr*man Fund) (hereinafter referred lo a8 CIO.) for The Fund's financial yw ended 3111 March 2022. REFERENCE AN Refe￿fiCe and ad tho fmand81 $￿e ADMINISTRATIVE DETAILS inistrative details ate sho1￿ in the achedule of generd irrfornHtion on page 1 of nts. THE TRUSTEES The Trustees who the Charfty during th• yèar are sh¢)4￿ on page 1. RNANCE AND MANAGEMENT STRUCTURE, GO structur• The Fund is oryan Lgsl aff*nded on 2 vtiting memb•TS ar Charity Commi•i' ed a$ a Chantable incryporatsd organisation al￿ is fJovem8d by a ConsbtLrtlon. May 2015. The Constitulion adopts a foundation model means the onty the tru$te¢s. The Fund was registered as a charity in England and Wales by Tho undw charity rwmber 1182897 on 29*4 Juty 2015. TnMt•M- Gov• Thern are tjvo cate 1. the indepe a. Mr b. Mr ¢. Mr d. Ms •. M8 f. Mr 2. thè nomln a. Mr b. Mr anc• and Man•g•m•nt orth oftrustee.. dent trustees, who are from ￿umn1 ol Bra￿o$e Cdlege Boot Club. being.. aniel Bro￿•bank {Chaimw): avkl Clark- avid Foster Natssha P•ths Emily Tench 08eph Keel.. and ed Iru8tse$. %tho have beM nory¥nated by &48•rK￿ Coily. Oxlor(I, ￿Ing.. hillp Park•r. and Ar(lakov Mr nu 4rker •nd MrArdakov al80 wrv•s a8 tn￿tee9 of th• regrdtered th81ity er 1143447- The ￿"ng'S H411 and College of Bra88no88. Oxford. T￿ Con8Utullon p than ts¥o nLyrinats for a tarm of three seeks lo Invtte inte •a¢h new tru8t••18 a PAd(8umm8rfsin TruJl•e meelngs a os that thern not than three independént tru¥toes and r*0 more tru$lge$ at any gNen Ilme. Olher than the first tru8ttss, trusl•e8 are appointed ars and may b• •th'gibkn fry reappoirthenl. The Fund 4Ctively encourag08 and 8ted persons lo loin The CIO as trustees 8ndlor 05 volunteers. On appointm•nt, providod vAth a copy of the Con8triutton. finanual infomialion, trustee minutes and Iwal and regul•tory obligab'ons a8 publl8h•d by The Charity Commrdsion. hekl regulaty and, at leas( tr￿ times a year. The tru81ee$ mana the Con$btution. T chartty ￿ exposed I the affalrn of The Fund In accordance with the oblectives and pOV￿rg 8•t OLrt In 8t¢¢$ regularfy con8ider ffinanGial matters and the rfsks lo ￿kh the en8ur• 8ppropriot• ¢ontrol$ are in rAae•. Rl•k m•n•g•m•nt The Tru8tge8 have ensure appropn8te duty to klenlfy and revlow th• rlsk8 to vA)Ich the Charity 1$ exposed and to ntrols arn in place lo provldè rnasonable a81urance agalr￿t fraud ond error. Tho TrLMtW8 ha pl•mwrted a rknk manapn￿￿ ¥tratsgy compri8•8'. an annual the establi approval of th6 IMp￿rn the Charlty ofthe rfsks *thlch the Chaiity mgy fxe menl of 8y8tsms and Pl￿dureS to mtygale those rhks whi¢h inGlud• the 11 purchase invoices by a Trustee to payment nlth.on of procedLwe8 ￿8￿ned to nMnimi8• any potential Impa¢t of the rl•ks on hould any of those mate11all￿. THE 1815 CtrIARITABLE INCORPORATED ORGANISATION ANNUAL REPORT OF THE TRUSTEES YEAR E14DED 31 IAARCH 2022 OWECTIVES AN ACTNMES Obi•cllv8• Th• Cl¢y8 ob. facmlla part￿￿1￿ in heatthy r8crn*i)n andlh8 furtberdnce of 6du¢•tfv)n at Oxfo mugh Lythe sDyts of rothJ. sGuffing and LX)xlng at 8Jl levets of 8bdty (as spyts may devgbp overt4n&) at Brasenose Cc41ego, Oxforrf. Unr¥e￿rtY and dts8b Throughout fin the CIO Continues 11434471 'The Col 81 P•fh)d. the CIO'¥ xbvibu have bo￿ o)n8i8tent ¥&ith ts$e (*iec*ves and enjoy g¢Jod relations with ￿￿nOSe College. Oxford (registered tharity nUm￿r ge.. A¢tlvltl••: M••tln 2 tfustee M￿￿ng# November 2021. The BNCBC Steeri Iw$lees ￿re repr w￿8 Wd durln9 tho year kn addlUon to ￿ CIO'S AGM *thlch was held on 9th Commrttee continued to meet on its nonnal biannual ￿hedUle trK* ented at those meetings by Emity Terth and Dan Brockjobank. Matt•r• und•r co The year was a ye id•ratlon of Steady recovery Ihe palld?￿. Th• Trust￿1 dl•cu The r•c8ip period end., Option8 for A potents'al Rev8lartlng ¥od a range of1851￿ during the year kncluding.. of a 8ub8Lqntial donabon from an 8￿mnU$ from *Athkh grant8 vKre made after th• lo èxpand and hmprove 8NC8C'8 boot Stw arrangement•', odffic8t￿ft lo the inve*tm•nt polw of th• fvnd Inot Impl&monl8dl'. Ir*8 Fulham Boy8 Sctr￿ and tKoadonir¥J the￿ to a ￿MIl￿r girf$ 8th(wJl. con$uW by BNCBC Prè8h*nt on a con8titution81 matter rolating lo the wittr¥n the club. the tnj•te￿ offorod their 8upwt to thè Prnwdent, they ese were mattw8 for tho membern of BNCBC trJ re801v•. Trustees ware al awardlna of 81ade remlnded hlm that Th• above m*tt¢r$ Commrttee al•0 di pand¢mlc, how be forward. wer• alK* dlacuM•d at Stewkng Commrtt¢# Thwtlngs. In add￿on, the Stewlng u88èd how to help BNCBC rn8umo ils a¢tivitre$ in the wakè of the Covld-19 to find 8 rep*ement SPOn￿r and l)cM best BNCBC can engage alumni moving Don•ll¢)n• Thg Iru8tee8 remal who have shcmn th haritable reg18trati 8UPPOrt the fund extremety grgteful for the orwng support of various Brasenose College alumni ir continued financial supwt of the endowment fund e8tsbll8h¢d by the CIO slnce n in July 2015. During the financwl year alumnl have made nth¥ pledg￿ to have con¥•rt•d prior pl•dgtt into cuh. Cash donation8 ived. beforn Glft durir¥J the year wtu￿nted to apwoxlmatety £51.500. A8 at 31 Marth 202 Equty Inve Cash (GBP GfftAldR , the CIO held totsl asgets valuod at approxlmatety £383,452. Gomprfslng ot. trnents £ 301,959 £ 81.243 THE 1815 CHARtrABLE INCORPORATED ORGANISATION ANNUAL REPORT OF THE TRusfEES YEAR ENDED 31 IIARCH 2022 fundralsing thus far, the CIO i8 xtively seeking fijrther donations to build the size that offers a 84Jstainabk long-tem) lundw solution for all aspects of rowng NO￿￿thStan(knng th endovmlenl fund lo at The College. In gpprriation of d been recognised o htt '.IlvAwJ.thebo obtalned from T nor8. generosty •nd the shared vish)n for Tr CIO'S obiec*ve8. donors ha¥9 The Roll of Hcfflour on The Furky's ￿bsIte anfund.or donors-rotl-of-honour.h e Fund'¥ w¢bsite vrtyw.th l. Further InfOrM￿On about donating can anfund. Grantwmaklng In connection vthh the payment of gra for BNCBC. The8e e substsntial donation made during the year by an alumnus the trl￿tee8 approved lo fund the purchase of the new Wll and to fvnd an upgrade to the l)oat racklng rants ware pa￿ afterthè year wd. The truJtseJ contin Hov•Ever the truste that are con8i#tonl e to aim to the endowm￿ fund ￿ adweve lThtem finan(xal s•¢urfty. will continue to consider on an ongoing basis the case for any orants requested 'Ih the ch8nty'8 ol'e¢tiV•8 ar￿ BNCBC'S L￿￿Tern1 Strat¢gi¢ Plan. Publlc B•n•fft Th• obfvctives ofth all Jgvels and abilit hanty aims to in¢ students through th for the publlc benef . chadty seek to imFTh• acceJJ to the 8pcvt of rthvlng and Gonnecled ac1v￿68 01 at 8raseno8e College in a non4i8cnminatory and fiJlty-indu8fvè way. The ale principles of good charxter, loyalty. dlgcipline 8rKI a sense of re8ponwbility in participatlon In 8pNts and to Pr￿le the kwiticlpthn In Sp￿ts mre general In exerc181ng théir d Commisslon guidan en8urlng that The ies. the tr￿Ste¢S have referred to aThJ have had due regard to The Charlty e on publie bènofft. The tru8teÈ8 ￿n￿rni that they gtve carèfijl eonsbd8ration to 0,8 8cVvW satisfy ¥uch 9￿d8￿•. The Chartty ha$ guhlance published plied wrth 8eCt6on 17{51 of ￿ 2011 Ch*ltl•s Act to ha￿ due regard to t y the Char￿.¢$ Commisshm. ACHIEVEMENT8 Th• Fund's Finan perlod. lh• ¢harlty consKl•ration ac Inve•trn•nts and no D PERFORMANCE I Statements rep￿$￿1 thè pwiod of opw4kn up to 311t March 2022. In th• enerated o gross Income, Indudlng Glft of £61,112. which. aft•r taking Into nt administrati￿ and dlrvLt ¢￿ts. a8 wall a8 movemenls In the value of -G8P hddirvJs generated a Mt knc(¥ne of£88,597. Donatsd 8•rvlc At Ihls stage the ch ¥1 klnd. ty 1$ not In recelpt ￿ any donated #ervkas or f•cl11b￿ and not rec•fved any Pl•n• for FU￿rfj Y The Tru8t••s intsn the firture investme to continu• to Inve81 the moni88 donoted to the Chanty to enable them to apply t income to thè (urthoranc• ofthe Charity'i obi•ckn. R•MTh•8 Pollcy The tru5tses have to Gonlinualty mon. declded thot ¢08h b tru$l8e8 belleve tha future. gldere(l the requknm•nts for reaer¥e8 the ¢*•rlty and are awarn ofthe need seN85. In deading upon The Fund's inve5tmenl pollcy, the tru8tees have lances of at least 6 mcrths OXF*ndrture Shall be maintaitxd at all limes. The the CIO ha8 8dequate re8ource8 to m••t hs rwuirements for the forese￿￿1• The ch•rfty W no bt or Obliga￿n8 txrt8landhig 01 year end or at the d8t• of this Roport. FINANCIAL REVIE The Charity i* ￿11 Incom•. pl￿d to m&k• carefulty crrtidw¢d Inv•8trnents for the qeneraoon of future ANNUAL REpoirr OF THE TRUSTEES YEAR EPIDED 31 IIARCH Xb12 8TATEMENT Th• Chwyti•8 A grAat plut¢￿ of TrUSTEES' RE8PONSI&UTES and law vw of state of 8ffai8 cl the ¢hanty aft￿ w*£thng réKwrces arKI dyrtur•• ac¢urw at •ry tirm th• fi￿ncid1 po%kn dth• ¢haTity •nobl• to 8￿ur8 thllt l￿fin•r￿•1 wth Th• 2011 TW •fe aho rew11￿ for •af8gu*dwvJ t •tsofth•c INDEPENDE JCA k¢ •1 th• AGM to d M 1 DK￿be1 2￿. •rNlgd 31 2022. SvJned ￿ Ih•r Lwhaff by. THE 1815 CHARITABLE INCORPORATED ORGANISATION STATEIIENT OF RNANCIAL ACTnimES FOR THE YEAR ENDED 31 MARCH 2022 Roport to the trLk4tse8 01 The 1815 Chaiilabkn IncrAp￿th ty9anisatv)n Charity Number.. 1182897 On aceoLrnts for th• y endod 31 March 2022 Stl out on pag 7t011 Ro8p•ctlv• rg8pon8lbiliti of tn￿trol and oxamln•r The chafrty's trustees are TespLwsible for Ihe preparati¢)n of t1￿ accounts. The charity, tru8tees conwder that an audit is not requred for this year (under sectlon 144{21 of the Charrties Acl 2011 (the 2011 Acl) and that an independent examination 18 needed. It is my re8pon¥foility to examine the accounts under section 145 ofthe 2011 Act. to folow the procedur•8 laid down in th• general Directions glv•n by th¢ Charlty Comnwssion under Seat￿ 14515)Ib} of the 2011 Act. and to State pa￿1￿lar matters have com8 to my attentlon. Ba•1• of Ind•p•nd•nt •Mmln•Vs •t•t•m•nt ￿mina￿On ¥A¥ canled out In awdancé 7•thh pr*ernl Dire(*ons gNen by th• Charty Commis￿On. An examination includes a review of the a¢¢ountlng records kept by the charty and a eompariwn of the accounts presented vllh those ￿OrdS.11 also In¢￿deS COn￿der￿t￿n of any unusual items or dL%c105ures in the accounts aNI sfjeknng expl4nalM)ng frryn tho tru8teé# concerning any 8u¢h matters. The prc¢èdure• undertaken do not wovide all the ovidence that would bo roquired in an audit, and consequenuy no opinion is gNen as to whèther the accounts presènt 8 'trug and falT vlevt and the report 18 Ilmited to th048 maltern let out in thg statomMt bel(w. Indép•nd•nt •x•mln•e• ¥tatomonl In ccnn8clk>n with my examlnalkn. no matter ha• comè to my attentton: {1) vhw¢h glves me fea8on•blo cw8e to belleve th•t. In any mater reip•ct. the rnquiroment8'. to keep arxounllng re(x)rds In accordancè ¥Ath s•ctlon 130 of 2011 Act.. and to pr•p8r• ￿￿Unts *thich whh tho acc￿nting r•Gordo 4Th1 comply wlth ts applica￿0 rryuirements conceming the form and conlenl of aGoounts Set out In thé Chgrrtles (Accounts and ReFortsl R•gulab"on8 2C(J8 other than Any rt9uirtrm￿t that the a¢￿￿￿ts gNe o 'true and falrf vlvw whkh 18 not a matter con8ldered as part 01 an Independent wmin¥tlon, have m•( or 121 to vthkh. In my opinl¢)n. ¥ttenJon Should b• dr•4¥n In ord•r to emble proper underst￿n4 ofthe accounts lo bo rnxhed. s19r￿d Name Relevant wof888ion41 qualMcAllon or boty AAT not•• on p•g•• • to 11 forni p•rt of thM• Ilnancl•l •tAl•m•nts. THE 1815 GHARITABLE INCORPORATED ORGANISATION STATEhlENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2022 UnwMtrlct•d 2022 Totsl Fund 2021 Total Fund8 INCOME Donatk*n$ and Investment In a¢￿1 61,709 51,709 9,403 9.403 10,579 6,748 TOTAL INCOME 61.112 61,112 17,327 EXPENDITURE Charrtable actlv 720 2.673 TOTAL EXPENDI RE 720 720 2,873 NET INCOME 80,392 60,392 14,654 Gainslllo81••) on nv¢sbm•nts 26.205 26,205 42.757 RECONCIUATION Total ft￿dI broug OF FUIIDS 10 ,135 298.135 238,724 TOTAL FUNDS C RIED FORWARO 10 382.732 382.732 2￿.136 Tho Stateme of Flnandal Acts￿ltieS Indlths all gans and108889 in Ihg year and a 8latsment of cornprehensNe Irthme has not been prepared. JI of the *)ov• wnounts f•lttts to GontlnulNJ athrtlej. • Th¢>tM on p•9•• 1 to 11 fomi ￿rt￿lI￿•￿ fln•n¢l•l •tst•m•fvts. ThE 1815 CHARITABLE IIICORPORATED ORGAIWTION BALANCE SHEET FIXED A88 301.959 276.754 CURRENT AS C8•h •t 10 125 20,978 21,101 IT20) 81.243 81.493 rt• falltr¥ d￿￿￿h￿& y•¥ 11 NET c￿RE 20,381 NET ASSEY8 £382.732 F2￿,135 fun 12 382.732 29e.135 £382,732 £298,13S rAL FUNLIS All ••••t• •Thl I. I DKwthr20 Ch•lm)on THE 1815 CHARrrABLE INCORPORATED ORGANI8ATK)N NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 ACCOUNTIN ststement of The financral Charities.. Sta ac￿rdanCe IFRS 102} { Standard appl POUCIES mpliance tstements have been prepared in ￿e0rdAnCe WTth A¢￿￿ntIng and Repo￿n9 by ment of Re￿mmer￿led Practice applicable to charltles preparing their accounts in h Ihe Financial R•porting Standard applicable in the UK and Republk of Ireland ctive 1 J8nuary 2015)- Ichanlies SORP {FRS 1021). the Finanual Reporting cable in the UK and Repu￿￿ of Ireland IFRS 1021 and tr* Charrties Act 2011. 8a•l8 of The 1815Ch under FRS 10 unless othe itable Incorporated Organisation meets the defin￿on of a public ￿￿offt entty . Assets and Ikibiliti'es are initiaty recognised at hi8torlc81 cost or tran8actk*n value st*ed in the relevant acctyJntirwJ pdicy notes. GolrvJ conco The Tru8lee8 conb'nue as n8*Jer that there are no materid uncthtsinties the Charity's abllty to Incom• and DOna￿on8. Imi d¢)vmi•nts Inxrt rèntal inrAyne ar• rwni¢ed on a rttelvablg b8811. Fund a¢¢oun unreStr￿ted the Tru$teeJ. nds can b• used In accordm *lth the tharIla￿e oblethe8 at the dlxretlon of Vthere mtr wlthin the obj are ra18èd for d funds ar• recelved, they c•n bg u8e*l for parucular mtdL#ad purpo8•1 of the Charrty Re8trictlon$ arise when ipoclfifAI by th8 donor or tknn fuThY8 OrtKular ffjstrithd purpo8e8. Fornlgn •xch Transaclions rate of •x¢han for¢bgn curren nominated In forelgn currencl•J are tran￿81¢d Inlo sterliTrJ and rewd•d al the e ruling at the date olthe tranwkn. Balance8 at tho year end denomlnated In are trans&ted into 8tefling at Ihe rat• of exchange ruling at Ihe y•ar end datè. Flx•d ••••t I Flxed a88el in value at the b dlfferenGe be •ubwu•nl perlod of di8 estm8nls, other than Fryrammè rdaled inv••tm•nts, arè indu¢J•d at market nee Sheet date. Reallsed oaln$ arvj Iosge8 on Inv8$tments ¥r• cakulalod 41 tho sales l￿o￿d8 and thelr markel value at the 8tsrt of the year, or Ihelr l. •rKI aro ¢tr￿ged Of ¢r•drt¢d to tho Slatsmènt of F￿ar￿al Actlvrtkn In the UnwlS8•d g•1 ¢redlted or ch end. 8 arvj loss•• reweoent thè movement In markèt v8h￿ (knlng ￿ year and are ed lo th• Slatement of Fk)arrial ktivrties based on the market value al the year Tuatlon The Charfty18 empt frtyn tsx on118 charltable actr¥ibes. Valu• Add•d Value Added In tho Slatome x Is not reccNeAabl• ty thè Chwlly and a8 wch 18 Induded In ts relv40nl (a)•t• of FknarKl81 Actith. DONATION3 MD LE¢3ACIE8 Totsl Fund• Total Fund¥ 2022 2021 c￿latIonS 51,709 10,579 THE 1815 CHARrrABLE IIICORPORATED ORGANISATION NOTES TO THE FINANGIAL 8TATEPAENTS YEAR ENDED 31 MARCH 2022 INVESTME INCOME Totsl Fund• Total Fund8 2022 2021 Dlvidends 9,403 6,748 EXPENDITU E ON CHARITABLE ACTivrriES 2022 Support cos Donations ma Bank charges Fore4n exc Total 1,952 £1,953 Govemance ts (see 5> • Actlvlll•• 720 Total Chants £720 £2,673 Profft