- ���� �� �  � ��� � ���� �!"�# # $%&'()%*%+�-./*')0�123��456477 - 56:2?6/@@�5A@@-.-�567B-@�C2:01 ~~C2:01--0 ��(�JK ���G(~~ �$�G ���=  �J = K ���� ��I �� �   ��� � �� �� �� �� �!"!# ��$�%�� �#"� �!"!# ���   �&�'  ,-./01-2-3�H332-00 =>=�  #�"� ,-./01-2-3�5672/18�9:;<-2 !)*!++ D7EF-20 &� (  � & � �&  &  Churchlll College Chapol Trust TFuste88 Report forthg year gnded 30 June 2023 Icontlnuedl Obiecfjves and AcWvlUe8 for the Publlc Benefft The charity was fomied to erect and mainlain a chapel as a place fof Christian worship lor members of Churchill College and theirf8m*lies and friends. Th8 Chapel at Churchill Colle98 is ecum8nical and provides a locus for worship for all Christian people in the College community. Any christs.an group may use th& chap81 for prayèr, bibje study or discussion. and can book through the chainnan ol the trustees. Servi￿5 are held on Sundays during the Universty temi. These serwces a￿ open to the general public 8nd are advertised on a notice board atthe front of Churchill Ctsllege. Members of Ihe puL4ic m8y gain access to the chapgl at other b.rnes by contscting the chaim)an ol the trustees or the bursar. The cha￿ain Is available to all students, fellows and staff of the college of any faith or none at any bme and on any matter on which he rnay be able to help. He is in C￿lege at least one 8fternoon per week during term b"me. Publlc Bonefft Statsm•nt The trustees have considered the Charity Commission's guidance on public benefit and, in particular, the sperAfic guidan￿ on ¢harib'es forthe advancement of TolvJion and beI￿ve that they have cornptied their dube$. A¢hlevements and Perforniance The year has been one of major changes for Ihe chapel trkjst. (uasioned by the retirement of our long serving chapl8in Rev Jghn R￿]n￿on at the end of the calendaf year 2022. After much deliberats"on, the trustees resolved not to advertsse the posL but invited Rev Nigel Cooperlo tske up th& position for a fixed term tenure ol vo years. As a consequence of this, the opportunity has been taken to update many ofthe trust's policies and procedures. rhere have inewt2bty baen some thanges to seNces. The collaborati(￿ wth the Inter Alios choir Ltnder the direction ol Ewan Campbell has flOuriskn￿. The trustees remain Con￿rned at the felatively low level of attendance at Sunday servar£s, and have been exploring other ways that the buildtng can be used for the benefit of the college community. As an experiment, the Chapel has started hosting a secular'words and Music event following a short spoken service on some Sunday evenings. Whilst the chapel must remain predominantly a place of Christian worship. Ihe trustee5 are keen that Ihat 811 members of the college should feel welcome. Th8rs Wofg no 8uirabJa applications for S￿d•￿ttra￿l gTants during thg yèar. The trust has now repaid its share of the costs of the roof repairs to the college from a combination ol 8￿￿My18ted income and the proceeds of8 fundraising c8mpavJn. The Injst is gr*¢fvl to the donors vtho contnbuted and to the college for enabling the costto be spread over 8 number of year5. The trust is a150 grateful to an anonymous donor who has provided a restricted lund which Is to be spent at the th8plain's discretion. Reserves Pollcy The trustees have a pdiGy of ￿aining suffirient liquid assets to support On￿oing commitments and any surplus cash abo¥e that level is invested for the rnedium tgrrn to enable the tharity lo maintsin the Chapel at Churchill College and worship therein, in per￿(￿rty, in accordance wth the tharrtls ob]'ectwe5. Flnan¢lal R•vSew The trustee5 consthr that the financial $tstements fulty refiectthe financial actiw*'es and affairs ol Ihe Trust and have nothing lutherto report. ON BEHALF OF THE TRUSTEES Date.. 15 Novernber2023 Page 3 Churchill College Chapel Trust Ind•pendent Exomlngrf¥ Reportto the Trustse8 For the year ended 30 June 2023 I report on Ihe acrxtunts of the Churthdl CrAle9e Chapel Trust for the year ended 30 June 2023, whid) are strt out on pages 5 to 6. R•spon51bllltl•s and Basls of R•port As the thariws trustees you are responsible forthe preparation ofthe acLounts in accordance ¥￿th the requirements of the Charities Act 2011 I'ihe ACVI. I report trn respert of my examination of the Trusf s accounts carried out under section 145 01 th8 Act and in carrying out my examinab.on I have follo￿d all the applic*)le ￿.￿G￿lon$ given by the Charity Commission under8ection 14515llbl of the ACL Independent Exarninerfs Statern*nt I have completed rny examinaion. l that no matthal mattets havè tyjme to my attenuon In eonnèction ith the examination giving me cause to beI￿ve that in any material respect.. acc#)unting record$ ￿tre not kept in respe¢t ofthe tharity as requwed by s¢c*on 130 ofth? Ad. gr the accounts do not accord wth those recor&s,' or the accounts do not comply wth the applicable requirements concerning the fonn arld content of awount5 Set out in the Charitse5 IAccounts and Reports) REgulations 2008 otherthsn any requirement that the accounts give a'true and lair vievl wknich 1$ not a matter Q)nsidered as part of an independent I have no C￿n￿m$ and have come ac%os8 no other rnatters in ¢onnectson ¥￿th the examination to which attention should be drawn in this report in order to enable a prc*)er understanding ol the accounts to be reached. &'gned". n.ei_ fjdL Name.. Professor M Bolton AddTess.' 232 Queen Edrth's Way. CaMI￿ge CB18NL 15 N¢)vember 2023 Pag8 4 - ��� �� �   � �  � ������ � !�"# $%&'()�&'+�,-'&(.-') ,-'&(.-') ��/01233 �41563 ��441/63 ��52 ��/01233 �41563 ��441/63 ��52 - 7%&+.'8�9:(.;.(.<) =<'(&>�?':-@< ��/1A36 �B �/1A36 ��263 C->><:(.-') ��D55 �B �D55 ��243 ��/10E4 �B �/10E4 ��E53 - ?';<)(@<'(�?':-@< ?'(<%<)(�-'�,<�U&V@<'() W<<�&'+�XYF<')<)�-H�U%.<)(B.'BCS&%8< ��21A2D �B �21A2D ��21ED5 Z<%;.:<�XYF<')<)�&'+�X'(<%(&.'@<'( ��D125E �B �D125E ��/15E/ [%8&'�Z:S->&%)S.F\CS-.%�]G%)&%.<) ��/1//4 �B �/1//4 ��41/DA CS&F>&.'^)�,.):%<(.-'&%V�WG'+ �B 4/5 �4/5 ��B ,-'&(.-')�(-�CS&%.(.<) �D55 ���������������B �D55 ��243 ��01A30 �4/5 ��01E4A ��01/52 - [(S<%�XYF<'+.(G%< =<'(�-H�Z.(< ��/ �B �/ ��/ ?')G%&':<�U%<@.G@) ��650 �B �650 ��260 ]&'_�CS&%8<)�`�a<<(.'8��=--H�=�7%G)(�ZS&%<�-H�C-)() ��4/16ED �B �4/16ED ��D41D56 ��4414/3 �B �4414/3 ��D41ED5 -  �  ��JKN �I ��Jb ��LJ ! � cd  e�f� �  ��616A6 �416DD ��E130E ��g4A1EE4h i  �f�i   ��g//1562h �B �g//1562h ��g6122Dh ]&>&':<�T%-G8S(�H-%j&%+ ��D55120A �B �D55120A ��2301E4/ k   �  �fl  ��IJb �JM ��IJKN ��IIJLNb Chur¢hlll Collgge Chapel Trust Balan¢• She•t as at 30 June 2023 2023 2022 Inv•8tm•nts 8,458 M&G Charifund Income Untts 9,189.49 COIF Global Equty Incorne Fund 44,277.704 Charities Propety Fund 56.Cfj9.77 COIF Ethical Investsngnt Fund Iln¢omg1 118,851 24,092 55.290 158,683 356,916 125,617 22,047 66.186 154,820 368,670 Current As*•ts Bank )nd Cash Balan￿S 10,539 55,692 Debtors Due from Churchill Coltege LI&￿'11t￿$ Due to Churchill College A¢cru81$- Roof Repalr 125,2841 27,583 Net Current Assets 16,923 8.826 Total A•8ets 373.839 377A96 Re•erve8 Ut)restritX&J Reserves Restricted Reserves 371,306 2,533 377,496 Total R•8•Th10• 373.839 377 ON BEHALF OF THE TRUSTEES Approv•d by thg Tllwt9￿ on". 15 Nov•rnber 2023 Page 6