2023-06-30-accounts

OFFICERS The Olftcers ofthe Trust	OFFICERS The Olftcers ofthe Trust	during the year and to the dam ofthis report werc:
N A Field-Johnson		Hots Secretary M G Bacchus, FCA	Hon. Treasurer
OTHER INFORMATION
The Trust is	a negisteied	Charity (number 270292).
Other names:		The Trust is tdso known asthe Oxford Litenuy and	Debadng Union Trust
		or OLDUT
Offitces:		c/o The Oxford Union Society, Frewin Court, Oxford. OX!3JB
Delegate ofthe Trust		The Oxfotd Union Society, Frewin Court, Oxford,	OX1 3JB
Bankets;		Bwclays Bank pic, High Street, Oxford. OX I 3HS
Solicitors:		Henmans Freeth LLP,
independent	examiners.	5000Oxford Business Park South, Oxford. OX42BH Field Sullivan Limited,C~Accountants, Registered Autbtors, 9Hara k Biilet Road, London, SE30RB

							2021/22
				Unrestricted	Restricted	Total
				Fund	Funds
			Note	f
Income aad eadowmeats	from:
Donadons and legacies					43,760	43,760	70.730
Charitable activities				13,552		13~2	8,662
investments				33,044	1,849	W893	29,836
Total				46,596	45,609	92405	109W8
Xspeaditure on:
Charitable activities			7	(9,598)	(1,873)	(IIA71)	(3,866)
Investment management		costs	9	(2,738)	-	(2,738)	(3336)
Total				(12336)	(1,873)	(14309)	(7.202)
Net totem oa iavestmeats
lntemst payable					(23,677)	(23,677)	(10&6)
Change in value of	investments				(1,761)	(1,761)	(866)
Total					(25.438)	(25,438)	(11,102)
Net income				34,260	18298	S2458	90,924
Gain on revaluation	of	investment
property			11	30,000		30J)00
Net movemeat on feeds				64.260	18398	82488	90,924
Reconciliation ofthuds:
Tora) funds brought forward				521,129	196,774	717PL3	626,979
Total funds carried forward				6585389	6215,072	6800&1	f717,903

						2022
		Note			f
Fixed arsetr
Tangib!eassets		10		302,900			302,900
Investments		11		460@M			430,000
Total fhot assets				762 tt00			732,900
Current assstr
Debtors		12	24rg%		10,690
Curtont asset investments		13	30 tt39		32,700
Cath at banh a d in hand			625,1511		583,5i6
Total current assets			680Jt42		626,906
Carrerrr iiubidkhs
Creditors falling dne within	one year	14	(13~1)		(11,903)
Net sorreut assets		15		667WI			615,003
Total assets tesseurreat liabilities				Ir430,461		1,347,903
Creditors hlling dne atter one year		16		~(63IMNN		(630.000)
Total aet asseta						f	717,903
The tttnds ofthe charity t
Restricte income funds				2(SW2			l96,774
Uruestricted funds				585389			521,129
Total funds						f	717,903

	2822/23	2021/22
	8
Corkflowsfiwe apemd¹g eerie/r/eL Net cash generated by operating activities CoshjhnvsPem~~: interest and rents from investments	11,091 38~	28,504 36316
Change in cash and cash cquivalems in the year	41)634	64,820
Cash and cash equivalents atthe beginning ofthe year	583416	518,696
Cash and cash equivalents at the cnd ofthe year	8625,150	5583,516

1tecoaeQlati	on ofaet iacome to	net cash ttoers Srom operatbrg	activitiesr
			2022/23	2021/22
			K
Net income	forthc year		52458	90,924
Adjustments	for.
Norvcash	donations			(33,566)
Interest and mnts from investments			(32,960)	(29,089)
Increase rents	in debtors excluding grmr in vestments	interest and	(11,747)	(2,807)
increase rents	in creditors excluding from investments	interest and	1,479	2,152
Changr.	in value ofcurrent asset investments		1,761	866
Net cash generated by operations			)))e)1	).)),)04

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4	DO	NATION	S AND 1	EGACIES
								202I/22
					Uarestricted	Restricted		Total
					fuad	fusds
MItsubishi		UF) Trust OxfmdF~				~677	234)77	6 20236
Richrod	O'Sullivan		Memorud	Fund				37,994
Appeal	donrxhms						20dtg3	I2,500
					8 -	643,760	843,760	670.730

						202)/22
			Uarestrteted			Total
			fund
						6
Rent from isvesbnent		property	29/884		29,884	29,000
inc orse	fram cunent	asset isvesuncnts			I,849	77I
lnrmust	receivable		3,96G		3,9tw	63
			133/44	et JW	m/83	f29836

7 EXPE	NDITURE ON CHARITAB	LE ACT)V(TIES
			2822/23		202I/22
		Ua cstrtcted fund		Total
		8
Granrs to the	Trust's delegate	Gd)00		G,GGG	2,DGD
Gesersl administration		148	IJ)73	2.02I	)02
Independent	Earns)net)on	Irdgg 89~	k 13)73	1360 J Ilv47I	l,764 t3,866

4 CREDITORS FALLING DUE WITHIN ONE YEA	R
	2023	2022
		f
Trade cmditots	300	2.364
Accruais snd dcfened income	133gtI	9439
	g(3301	f 11,903

rcc reserves	comprise those	net current assets attribumble to the	unrestricted Iimds as followm
			2023	2022
			g
Nct cununt	assets		66')&I	6I5.003
Less assets	held In restricted	fimds (note 3)	(2153172)	(196.774)
			8452~	K4ii8229

7 FINANC IAL IN STRUM ENTS
			2022
Fieaea& amcts hard arfeb wrbre rbrengb prujKt and Jamr
Trade debtors	12	14v272	8,720
Other deters	12	gv318	160
Current asset investments	13	30,939	32,700
Cash and cash equivalents		625,(50	583.516
		5676,679	f625,096
F/ecuscbrl Jiabrfftias herd ar arnanJSrut costs
Trade creditors	14	300	2.364
Long tenn loan	i6	630,000	630,000
		5630~	I632,364