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2024-07-31-accounts

CONTENTS PageNumber
TrusteesIReport l-5
AuditorsIReport 6‐8
StatementofFinanciaーActivities
BalanceSheet lo
AccountingPolicies lI
N0testotheFinancia-Statements 12‐14

lncome Note: Unrestricted
Funds
2024
Restricted
Funds
2024
Tota1
Funds
2024
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

1,224,129
4,235
2,612,262 3,836,391
4,235
8,223,980
4,372
RaisingFunds
Fundraising
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

GRANTSPAYABLE 2024 2023
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

935,501

4,054,571
UnrestrictedFunds‐SmalIDonationsreceivedlesscosts 288,628 261,417
1,224,129 4,315,988

GRANTSPAYABLE(continued)
GrantstoMagdalenCo-lege; 2024 2023
GrantsPayablefromUnrestrictedFunds
GrantsPayablefromRestrictedFunds
l,224,129
2,612,262
4,315,988
3,907,992
TotaIGrantsPayable 3,836,391 8,223,980
2024 2023
DesignationofUnrestrictedFundsbyDARC
B1ackAcademicFuturesScholarship
CapitaIBuildin9Projects
935,501 75,000
3,979,571
935,501 4,054,571
GOVERNANCECOSTSincーudedinthecostsofCharitableactivities
inc-udes:
2024
2023
AuditFee
CostofTrustees‐Meetings
DataProtectionFee
4,200

35
3,876
496
4,235 4,372
FUNDRAIS-NGCOSTSinclude: 2024
2023
BankCharges 960・ 635
960 635
Therewerenoemp-oyeesduringthereponingperiodandthereforeno‐onereceivedemployeebenefits
ofmorethanE60K
DEBTORSANDPAYMENTSINADVANCE
PrepaymentsandAccrued-ncorne
GiftAidRecoverable
2024

14,284
99,896
2023

14,583
26,899
l14,180 41,482

CREDITORSANDACCRUEDEXPENSES
Audit
BankandCO-iectiOnCharges
2024

4,200
526
2023

3,876
533
4,726 4,409
AMOUNTSDUETOMAGDALENCOLLEGE 2024
2023
BalanceduetoMagdalenCo=ege 135,693 291,390

DONATIONSAND1‐EGACーESBYFUND
Comparativedatafor2023
Unrestricted
Restricted
2023
2023
2023



Donations
Legacies
Tota1
310,7233,565,7013,876,424
3,780,842
127,1503,907,992
4,091,5653,692,8517,784,416