## ## ## ## ## ## ## ## ## ## ## ## |The Trust is|a registered|Charity (number 270292).|||| |---|---|---|---|---|---| |Other names:||The Trust is also known as the Oxford Literary and|Debating Union Trust||| |||or OLDUT|||| |OKces:||cto The Oxford Union Society, Frewin Court, Oxford.||OXI 3JB|| |Delegate ofthe Trust:||The Oxford Union Society, Frewin Court, Oxford.|OX|1|3JB| |Bankers:||Barclays Bank pic, High Street, Oxford.
OXI 3HS|||| |Solicitors:||Henmans
Freeth LLP,|||| |||5000Oxford Business Park South, Oxford.
OX4 2BH|||| |Independent|examiners:|Field Sullivan Limited, Chartered
Accountants,
Registered|||Auditors,| |||9Hare k, Billet Road, London, SE3ORB|||| |||||||2021I22||2020/21| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|| ||||||Fund|Funds||| |||||Note||f||| |Income and endowments||from:||||||| |Donatious|and legacies|||||70,730|70,730|24,263| |Charitable|activities||||8,662||8,662|1,112| |investments|||||29,065|771|29&836|29,089| |Total|||||37,727|71,501|109428|54,464| |Expenditure
on:||||||||| |Charitable|activities||||(3,866)||(3Jt66)|(13,305)| |investment|management||costs||(3,336)||(3436)|(2,748)| |Total|||||(7,202)|-|(7402)|(16,053)| |Net lasses on investments||||||||| |Change in|value of|investments||||(866)|(866)|| |Interest payable||||||(10,236)|(10436)|(10,763)| |Total||||||(11,102)|(11,102)|(10,763)| |itet income and|net movement||on funds||30,525|60,399|90,924|27,648| |Reconciliation offunds;||||||||| |Total funds brought
forward
Total funds carried forward|||||490,604
f.521,129|136,375
f 196,774|626,979
f717,903|599,331
f 626,979| ## ||||2021/22|2020/21| |---|---|---|---|---| ||||5|| |CoshfiowsPam
aperethrg
ectivttr'esr
Net cash generated
by operating
activities|||28~|12,814| |Cash flaws from investirtg|activitiesr|||| |Interest and rents from|investments||36416|29,129| |Change
in cash and cash equivalents||in the year|64)820|41,943| |Cash and cash equivalents
Cash and cash equivalents|at the beginning ofthe year
at the end ofthe year||518,696
f583516|476,753
I518696| |ReconciTiatioa ofnet income to net cash fl|ows from operating
activ|ities:|| |---|---|---|---| |||2021/22|2020/21| ||||f,| |Net income for the year||90,924|27,648| |Adjustments
for.
Non-cash donations||(33~)|| |Interest and rents from investments||(29,065)|(29,089)| |(Increase)/Decrease
in debtors excluding
rents from investments|interest snd|(2407)|16,745| |Increase/(Decrease)
in creditors excluding
rents &om investments|interest and|2,152|(2,490)| |Change
in value ofcurrent asset investments|||| |Net cash generated
by operations||028+04|f. 12,814| ## ## ## ## ## ## ## ## ## ## ## |he income aod|expenditure
on these fun|ds is as follows'.||||| |---|---|---|---|---|---|---| |||||2021/22||| |||MUTOF|ROSMF|EDF|2018fund|Total| |||8|f|||| |Donations
and|legacies|20/36|37,994||12,500|'/0,730| |Investments|||771|||771| |Expenditure
Investments:
interest payable||(10&6)||||(10~6)| |Change in value ofcurrent asset
investments|||(866)|||(866)| |Net income||10,000|37499||12,500|60499| |Reconclffnrfon|offunds:|||||| |Funds brought
Funds carried|forward
forward|I73,195|8373)99|15,000
f15,000|58,180
870)680|136475
8 196,'774| |||||2020/21||| |||tv(VTOF|ROSMF|EDF|2018fund|Total| ||||6|f||8| |Donations
and legacies||10,763|||13,500|24,263| |Expenditure||||||| |investments:|interest payable|(10,763)||||(10,763)| |Net income|||||i3,500|13,500| |Reconciliation|of font/s:|||||| |Funds brought|forward|63,195||15,000|44,680|122,875| |Funds corned|forward|I63,195|8 -|f 1S,OOO|K 58,180|5136.37S| |The assets ofthe restricted funds are held as fogows:||||||| |||||2021/22||| |||MOTOF|ROSMF||2018fund|Total| |||8|f|||| |Current
asset|investments||32,'700|||32,700| |Cash||73,195|5,199|15,000|70,680|164,074| |Net assets||873,195|837,899|515,000|N 70,680|5196,774| |||||2020/21||| |||MVTOF|ROSMF|EDF|2018furtd|Total| |||f|f|f||f,| |Other current|assets excluding cash||||2,500|2,SGG| |Cash||63,195||15,000|55,680|133,875| |||663,195||k l5,000|658,180|6 136,375| ## |4
DONATIONS|AND L|EGACIES|||||| |---|---|---|---|---|---|---|---| ||||||2021/22||2020/21| |||Uurestricted|||Restricted|Total|Total| |||||fund|funds||| |Doaadoasr||||f||f|f| |Mitsubishi UFI Trust|Oxford|Foundation|||20436|20,236|10,763| |Richard O'SuUiven
Memorial||Fund|||37,994|37,994|| |Other donations|||||12,500|12,500|13,500| |||||f, -|f,70,730|f70,730|f24,263| |5
INCOME FROM CHARITABLE ACTIVITIES|||||||| |The income Irom Charitable||actlviYies comprises licence|fees from the Trust's delegate|||in respect ofuse of the|| |Trust's property.|||||||| |6
INCOME FROM INVESTMENTS|||||||| ||||||2021/22||2020/21| |||Unrestricted|||Restricted||Total| |||||fund
f|fundsf||f| |Rent from investment|property||29,000|||29,0110|29,000| |Income from current|asset investments||||771|771|| |Interest receivable||||||65|89| ||||f29,065||f 771|529,036|f29,089| |7
EXPENDITURE ON||CHARITABLE ACT!VITIES|||||| ||||||2021/22||2020/21| |||Unrestricted|||Restricted|Total|Total| |||||fund|funds||| ||||||||f| |Gnmts to the Trust's|delegate|||2,000||2,000|Il,000| |General adtninistration||||102||102|139| |Independent
Examination|||5|1,764
3,866|0-|1,764
f3,066|2,166
6 13,305| ## ## ## ## ## ## |the building
work carried out and the revers
significant
value at the year end.|the building
work carried out and the revers
significant
value at the year end.|ionary
interest in|this prop|erty
has, in the opinion oft|he Truste|es, no| |---|---|---|---|---|---|---| |The Trustees do not consider that there has||been any material|change|in the value ofthe property|since the|| |previous valuation.||||||| |||||2022||2021| |||||g||f,| |Cost at the beginning|ofthe year|||265,000||265,000| |Provision/revaluation|surplus at beginning|snd end ofthe year||165,000||165,000| |Book value atyear end||||8430,000|6|430,000| |12
DEBTORS||||||| |||||2022||2021| |Trade debtors||||8,720||2.058| |Prepayments
and accrued income||||1,810||3,166| |Other debtors||||160||9,910| |||||810,690||8 15,134| ## |4
CREDITORS FALLING DUE WITHIN ONE YEA|R|| |---|---|---| ||2022|2021| ||8|f| |Trade creditors|2464|| |Accruals and deferred income|9,539|9,751| ||f11,903|i.9,751| |ree reserves comprise those|net current assets attributable
to the|unrestricted
funds as follows:|| |---|---|---|---| |||2022|2021| |||8|f,| |Net current assets||615,003|524,079| |Less assets held in restricted|funds (note 3)|(196,774)|(136,375)| |||8418429|f387,704| ## ## |7
FINANCIAL INSTRUMENTS|||| |---|---|---|---| ||Note|2022|2021| |||5|f| |Financier assets held arfair value through profit and loss:|||| |Trade debtors|12|8,720|2,058| |Other debuas|12|160|9,910| |Current asset investments|13|32,700|| |Cash and cash equivtdents||583,516|518,696| |||8625,096|f530,664| |Financial Jlahiirrlas iraid ar amornsad cost:|||| |Trade creditors|14|2464|| |Long tenn loan|16|630,000|630,000| |||8632~|f630,000| ## ## ## ## ## ## ##