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|Legal 5administrative||information||
|Report ofthe|Trustees|||
|independent|Examiner's|report tothe Trustees||
|Statement of|financial activities|||
|Balance sheet||||
|hiotes tothe Snanclal statements|||IO|
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|Charity|Name|Name||||International
Students|International
Students|International
Students|Club|(Church of England)
Ltd.|(Church of England)
Ltd.|(Church of England)
Ltd.|(Church of England)
Ltd.||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Charity|registration||||number|243606.The charity||was registered
with the Charity||||||Commission||||on 20 December|||||
|||||||I965.|||||||||||||||||
|Company||registration|||number|846155(acompany||limited||by guarantee)|||||||||||||
|Registered||ONce||||International
Students|||Club|(Church of England)
Ltd,||||William||Temple|||House||29-31||
|||||||Trebovir Road, London, SW5 9NQ|||||||||||||||||
|Governing||document||||The Charity's
governing
document
is the
dated
IO/04/1965 as amended
by special|||||||Memorandum
and Articles ofAssociation
resolution
dated 24/04/2008
as amended||||||||||
|||||||by special
resolution|||dated||25/07/2013||as amended||by special|||resolution|||dated||
|||||||29/I I/20 I3.|||||||||||||||||
|Objectives||||||The advancement
ofthe Chrbtian
faith and the welfare ofstudents. with an ancillary
objective
of running
a student
residence.
Its sole activity
is operating
a student|||||||||||||||||
|||||||residence
in Earls|Court known as William Temple House.||||||||||||||||
|Trustees||||||The Truscees who|served during the year or who were serving||||||||||at the|||date|ofthis||
|||||||report were:|||||||||||||||||
|||||||Mr DCobb||||||Chairman|||||||||||
|||||||Mr EG Woods|||||||||||||||||
|||||||Mr C I Edlington|||||||||||||||||
|||||||Miss Y Martinelg||||||Treasurer|(Resigned|I|June 2023)||||||||
|||||||Mrs SM Dignum||||||Treasurer|(Appointed||28July 2023)||||||||
|||||||Mr 85 Sundaram|||||||||||||||||
|||||||Rev P Bagott|||||||||||||||||
|||||||Mr I Abeysekera|||||||||||||||||
|||||||Mr CAndrei|||||||||||||||||
|||||||Mr C Schiele|||||||||||||||||
|||||||Dr Y Chen|||||||||||||||||
|||||||Ms FDella Gutta||||||Resigned|4 November||2022||||||||
|||||||Ms N Gill|||||||||||||||||
|||||||Mrs G Massera||||||Resigned|4 November||2022||||||||
|||||||Ms E Surini|||||||||||||||||
|Key Management||||Personnel||Those
in charge
of planning,
directing,
controlling,
running
and
operating
the
Charity,
induding those members ofstaff who are the senior nsustgement
personnel
to whom the trustees
have delegated
signi/icant
authority
or responsibilky
in the|||||||||||||||||
|||||||day-m-day
running|of||the charity, are the||||Warden
and||members||ofthe|||Management|||
|||||||Commktee.|||||||||||||||||
|||||||Berzisys Bank Pic|||||||||||||||||
|||||||Leicester|||||||||||||||||
|||||||LE87288|||||||||||||||||
|Independent|||Examiner|||John Hehn ACA|||||||||||||||||
|||||||Tandem Accounting||Limited|||||||||||||||
|||||||l7 Heathville
Road|||||||||||||||||
|||||||London N I93AL|||||||||||||||||
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|||20'23|2022|
|---|---|---|---|
|||6|g|
|lncotne from:||||
|Donations||14|116|
|Charitable
activities||318,718|325,304|
|Investments||15,720|4,051|
|Total Income||334,452|329,471|
|Expenditure
on:
Raising funds
Charitable
activities||622
313,493|1.865
265,712|
|Total Fxpenditure||314&I I5|267,577|
|Net expenditure
before gains/losses|on investments|20&337|61,894|
|Net gains/(losses)
on investments||(12.455)|(9,318)|
|ldet surplus
before tax||7,882|52,576|
|Tax payable||||
|Net surplus after tax||7,882|52,S76|
|Net movement
in funds||7,88'2|52,576|
|Total funds brought forward||566,725|514,149|
|Total funds carried forward||574,607|566,725|
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|2.Income||||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||6|g|
|Yoluntary
income||||||
|Donations a gifts||||14|116|
|Income ax reclaimed||||||
|||||14|116|
|Charitable
activities||||||
|Fee income (net credit for dudes performed|||by residents)|318,718|325,304|
|Investment
income||||||
|Dividends||||I.I51|3,672|
|Interest receivable||||14,569|379|
|||||15,720|4,051|
|||||334,452|329,47I|
|3.Expenditure||||||
|3e.Cost ofraising funds||||||
|||||'2023|2022|
||||||6|
|Investment
management||fees||622|1,865|
|3b.Charitable
activities||||||
|||||2023|2022|
|Staff costs (see note below)||||138,629|123,102|
|StaN training a other costs||||2,i28|1,332|
|Resident bursa ies||||18,401|8,068|
|sad debts||||(339)|(1,600)|
|Resident amenities|and activities|||11,513|12,531|
|Administration||||3431|3,162|
|Property expenses||||98,137|84,100|
|Fixtures afittings
Repairs and maintenance||||3,470
7,177|5,542
I?„929|
|Depreciation||||3,710|3,530|
|Professional fees||||24,778|10,646|
|Independent
examination||||2,340|1,920|
|Other governance|costs|||118||
|||||313,493|265,712|
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|3.Expenditure|3.Expenditure|
|---|---|
|3e.Cost ofraising funds||
|Investment
management|fees|
|3b.Charitable
activities||
|Staff costs (see note below)||
|StaN training a other costs||
|Resident bursa ies||
|sad debts||
|Resident amenities
and activities||
|Administration||
|Property expenses||
|Fixtures afittings||
|Repairs and maintenance||
|Depreciation||
|Professional fees||
|Independent
examination||
|Other governance
costs||
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|||2023|1022|
|---|---|---|---|
|Wages and salaries||122,760|109.242|
|Social security costs||12,088|11,067|
|Employer Allowance||(4,982)|(4,970)|
|Pension contribudons||8,764|7,763|
|||138,630|123,102|
|Ofwhich: salaries. social security costs and pension contributions||||
|paid in respect of key management|personnel|62,299|60,442|
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|S.Tangible Fixed|Assets||||||
|---|---|---|---|---|---|---|
||||||Ofrtce||
||||Freehold|14ousehold|Furniture||
||||land A|furniture
rn|a||
||||buildings|appliances|equipment|Total|
||||6|6|6|6|
|Cost|||||||
|At I September|2022||52,739|23,488|5,847|82,074|
|Additions|||||||
|Disposals|||||||
|At 31 August 2023|||52,739|23.488|5,847|82,074|
|Depreciation|||||||
|At I September|2022||0|13,675|2,601|16,276|
|Charge for year||||3,125|585|3,710|
|Disposals|||||||
|At 31 August 2023|||0|16,800|3,186|19,986|
|Net BookYtdue|||||||
|At 31 August 2023|||51,739|d,d88|2,661|d2,088|
|At I September|2022||52,739|9,813|3,246|65,798|
|All ofthe fixed assets|are used for charitable|purposes.|||||
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|6.Fbted Asset investments|6.Fbted Asset investments|6.Fbted Asset investments|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
||||||||f.|g|
|Market Value|||||||||
|At I September||||||281,129||305,786|
|Additions at cost|||||||||
|Sale proceeds
Net gain/(loss)
on revaluathm||||||(268,674)
(12,455)||(15,339)
(9.318)|
|At 31August||||||||'281,129|
|Market value represented
BondaiRxed
interest|||by Investments|in:||||61.701|
|Diversified
Collective|Investments|||||||103.482|
|Equities||||||||i 15,946|
|At 31August||||||||281,1'29|
|The invesunents
were|held|in|the name ofthe|International|Students|Club (Church of England)|Ltd.||
||||||||2023|2022|
|||||||||6|
|Prepayments
and accrued
Fees receivable||income|||||7,293
1.53$|3,973
2,105|
|Invesnnent
manager - uninvested
tcdances||||||||37,967|
||||||||8,831|44,045|
|8.Creditors -Amounts||Falgng t3ue Within 43ne Year|||||2023|2022|
||||||||6||
|Other creditors
including
taxation, workplace
Accruals and deferred
inoome||||pensions and|socnl security||4, 178
6,616|1,182
2,977|
|Trade creditors|||||||3,906|159|
|Income
in advance|||||||7,996|7,305|
|Residents'
deposits held|||||||26,535|29,735|
||||||||~9,231|4145$|
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