| CONTENTS | PageNumber |
|---|---|
| TrusteesIReport | l-5 |
| AuditorsIReport | 6‐8 |
| StatementofFinanciaーActivities | 9 |
| BalanceSheet | lo |
| AccountingPolicies | lI |
| N0testotheFinancia-Statements | 12‐14 |
| lncome | Note: | Unrestricted Funds 2024 |
Restricted Funds 2024 |
Tota1 Funds 2024 E |
Totaー Funds 2023 |
|---|---|---|---|---|---|
| DonationsandLegacies Donations Legacles |
275,419 952,486 1,227,905 |
2,477,212 135,050 2,612,262 |
2,752,631 1,087,536 3,840,167 |
4,091,565 3,692,851 7,784,416 |
|
| Bank-nterest | 1419 | 「,419 | 15,586 | ||
| Totallncome | 1,229,324 | 2,612262 | 3,841,586 | 7,800,002 | |
| Expenditure | |||||
| CharitableActivities GrantsPayable Governancecosts |
2 2 |
1,224,129 4,235 |
2,612,262 | 3,836,391 4,235 |
8,223,980 4,372 |
| RaisingFunds Fundraising |
3 | 960 | 960 | 635 | |
| TotaIExpenditure | 1,229,324 | 2,612,262 | 3,841,586 | 8,228,987 | |
| Netlncome/(Expenditure) | (428,985) | ||||
| BalancesBroughtFon~ardatol.08,23 | 20,000 | 20,000 | 448,985 | ||
| BalancesCarried・Fon~ardat31.07.24 | 20,000 | 20,000 | 20,00O |
| 2 | GRANTSPAYABLE | 2024 | 2023 | |
|---|---|---|---|---|
| E | E | |||
| GrantstoMagdalenCollege; | ||||
| RestrictedFunds: | ||||
| AcademicFunds | 893 | 893 | ||
| Access&outreachFunds | 257,544 | 270,540 | ||
| Building&Grounds | 990 | 1,886 | ||
| CapitaIBuildingProjects | l,765,841 | 3,000,00O | ||
| Chapel&ChoirFunds | l14,750 | 126,369 | ||
| Fe=owship‐C1assics | 400 | 400 | ||
| Fellowship-Histo~ | 3,543 | 19,119 | ||
| Fellowship-Law | l,720 | 1,690 | ||
| Fe=owship-PPE | 77,184 | |||
| GeorgeRousseauLectureSeries | 18,750 | 「6,250 | ||
| LibraryFunds | 2,851 | 6,696 | ||
| Magda-enCo=egeBoatC1ub NewLibraryBuildingFund |
27,055 17,928 |
17,065 25,558 |
||
| 0therFunds | 83,018 | 3,750 | ||
| Sports&Societies | 129 | 984 | ||
| StudentSupportFund | 22,842 | 31,458 | ||
| StudentSupportFund‐CurrentUse | 70,222 | 78,707 | ||
| StudentSupportFund‐NamedBursaries/Scholarships/Prizes TheJohnFe-thamBCLGraduateScholarship |
169,145 180 |
201,660 680 |
||
| TutoriaITeachingFund | 12,889 | 1,530 | ||
| TonySmithStudentopportunityFund | 22,189 | 25,573 | ||
| AnFund | l9,383 | |||
| 2,612,262 | 3,907,992 | |||
| UnrestrictedFunds: . UnrestrictedFunds‐RestrictedbyDARC |
E 935,501 |
E 4,054,571 |
||
| UnrestrictedFunds‐SmalIDonationsreceivedlesscosts | 288,628 | 261,417 | ||
| 1,224,129 | 4,315,988 |
| 2 | GRANTSPAYABLE(continued) | |||
|---|---|---|---|---|
| GrantstoMagdalenCo-lege; | . | 2024 | 2023 | |
| E | E | |||
| GrantsPayablefromUnrestrictedFunds GrantsPayablefromRestrictedFunds |
l,224,129 2,612,262 |
4,315,988 3,907,992 |
||
| TotaIGrantsPayable | 3,836,391 | 8,223,980 | ||
| 2024 | 2023 | |||
| DesignationofUnrestrictedFundsbyDARC | E | E | ||
| B1ackAcademicFuturesScholarship CapitaIBuildin9Projects |
935,501 | 75,000 3,979,571 |
||
| 935,501 | 4,054,571 | |||
| GOVERNANCECOSTSincーudedinthecostsofCharitableactivities inc-udes: |
2024 E |
2023 E |
||
| AuditFee CostofTrustees‐Meetings DataProtectionFee |
4,200 ‐ 35 |
3,876 496 - |
||
| 4,235 | 4,372 | |||
| 3 | FUNDRAIS-NGCOSTSinclude: | 2024 |
2023 |
|
| BankCharges | 960・ | 635 | ||
| 960 | 635 | |||
| Therewerenoemp-oyeesduringthereponingperiodandthereforeno‐onereceivedemployeebenefits ofmorethanE60K |
||||
| 4 | DEBTORSANDPAYMENTSINADVANCE PrepaymentsandAccrued-ncorne GiftAidRecoverable |
2024 14,284 99,896 |
2023 14,583 26,899 |
|
| l14,180 | 41,482 |
| 5 | CREDITORSANDACCRUEDEXPENSES Audit BankandCO-iectiOnCharges |
2024 4,200 526 |
2023 3,876 533 |
|---|---|---|---|
| 4,726 | 4,409 | ||
| 6 | AMOUNTSDUETOMAGDALENCOLLEGE | 2024 |
2023 |
| BalanceduetoMagdalenCo=ege | 135,693 | 291,390 |
| 9 | DONATIONSAND1‐EGACーESBYFUND Comparativedatafor2023 Unrestricted Restricted |
2023 2023 2023 E E E Donations Legacies Tota1 310,7233,565,7013,876,424 3,780,842 127,1503,907,992 |
|---|---|---|
| 4,091,5653,692,8517,784,416 |