Reglstered number.. 01466716
Charity numbgr.. 279697
Frlends of Peterhou8e
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 3010912024

Frfends of Peterhouse
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 3010912024
TRUSTEES
ECNeve
CCBDuftett
M D Holmes
D C Jeffreys
I PeteTS Ir&signed 17110124)
Slr Paul Morgan
Rev Dr SWP Hampton
E K￿ling
QQQuan
ZA Lescrooge
A C Abrahams
H A Thornley
P Vannlna
REGISTERED OFFICE
Flr81 Floor
4 Princes Slreel
Hunlingdon
Cambridg&shlre
PE29 3PA
COMPANY NUMBER
01468716
CHARITY NUMBER
279897
INDEPENDENT EXAMINER
Fielj SUll￿an Ltd
9 Hare & Billet
Blackhealh
London
SE3 ORB
page 1

Frlend8 of Potèrhous•
ACCOUNTS
FOR THE YEAR ENDED 3010912024
CONTENTS
P8g&
Report of the Tru81ees
Indep8nd8111 Examingrfs Slatemonl
Sialemenl ol Financial AclNilies
Balance Sheet
Nolos to the AcrLsunls
91013
Delaile(I Statement of Fln8n¢lal Actlvlllgs
12
paga 2

Frlonds of Petsrhouy•
FOR THE YEAR ENDED 3010912024
TRUSTEES. REPORT
REPORT
Th& Iruslees present their Teptsrt and the financlal slalements for the year end￿ 30 Seplemb8r 2024. This Is 8 directors, report
required by s417 of thè Companies Act 2008 and all trustees are directois. Th& financial statements eomply with current $talulory
requi¥ements the Tequir6m8nls of the Mèmorandum & Arttd&s of A&80ciallon.
GRANTMAKING
All grants are m8¢Je at the dlscretlon of the Council for the benefit of the College and its members. When 811ocaling flsnds, th9 Council
gives due welghl lo any suggestion5 made by Ihg College as lo appropriate subjects for assistan¢e.
The Iruslees confim) Ihal they havo rèferred to the guidance conlalned In the Charity Commi55ion's gen6r81 guidance on public
ben8fil when reviewing th8 charity's objeclnies and activities and In the planning of future adivltlo$.11 is the judgem8nl of the Ifuslees
that aclivities in pu13U11 01 tha above objectNes fully meet the public benefit test, whi¢h they have kÈpl in mind in planning
progiammes for th8 Charity. In doliveiing services and In the 8ppoinlm&nl of Irustaos the charity op9r8te8 a strict policy of no
discrirpinalion on any 9rounds.
ACHIEVEMENT AND PERFORMANCE
Charitable aetwilies
During the yaar the Council conllnued lo rece￿& Support from the member8 of the Frl8nd8 and fiom olh8rs a550cialed wllh
Pel&rhouse. The maln grants during Ihe y•8r were £15,929 for sludenl hardshlp and £48,722 toward8 the cost of a collego counsellor
and a mental he811h adviser.
Invè81menl pertormance
The Charity's lunds are managed by the Charills Inve61m8nl and Finance Cotnmittee which is dlaired by Jenny Quan and also
includes the Chaimian. tha Honorary Treasurer, Ashley Abraham and Christ0p￿r Duffett, the malority of whom have either had
Successful careers in Finance or ar8 currently actlve In investment mBrkots. The active managernent of th8 General Fund is
underiaken by Evelyn Partner8 whose performance is regular5y r8viewed by tha above Committee.The Charily invest8 Ils General
Fund in equili85 and ils Medieal Fun¢J in other lund$ specifically designed for charities. Gains of £308,81612023: £179,313) were
made during the year. Incorne received from investments amounted lo £49,70412023.' £56.0721.
FINANCIAL REVIEW
Reserves poIIcy
It is thè policy of the Council lo contlnuo lo build up lh& ¢8pilal of the Char6ty for the longer lemi benafit of Pelerhou56 whlle also
providing mor& irnmediale support for the cu￿ent educational and other charltable aclivilies of th8 College. As A general principle il is
the policy to Spend each year up to 4% of the accumulated general fund 8nd up to 101YA of general donation8 received.
The reserves 81 30 Septomber 2024 werè £2,429,640 and £144.263 lor the General and Medical Ftsnds respectlvety (2023..
£2.171.579 and £156.186 r98peclwetyl.
page 3

Friends of Petethouse
FOR THE YEAR ENDED 3010912024
TRUSTEES. REPORT
STRUCTURE GOVERNANCE AND MANAGEMENT
The charity is controlled by ils governing document, the Memorandum and Articles of AssocAalion as 8dopl¥d on 8 Juty 1995, and
conslilules a limited company, limited by guarantee. as defined by the Companlè8 A¢1 2006.
Recruilm8nt and appointment of new trusl&g$
The Articles of A830cialion provide that Ihe affairs of the cha¥ity 8r8 lo bo managed by ils Council of Management, and that th8
m&mb8rs of the Council 8hall not be188s than 8 OT more Ihan 16 in number.
The Arlicles also provide that members of the Council musl b8 membèrs of Ihe Assoclalion, and shall be elected either by the
members of the Association in General Meeting or by the Council. Al each Annual General Meeting one third of thg mtrmbgrs of the
Council are required lo Telire from office by rotth'on, but are eligible for ￿-¢leCtIon. Th8 Counc51 may appoint someone lo be
membar Of th8 Council, 811her lo ffi118 casual vacancy OT as an addition lo the existing membership, and anyon8 so appolnlad holdg
office only until the next Annual General Meeting. bul ¢8 ellglble for ie-electlon.
Members of the Council are selected so as to ensure fair representatlon of its d￿else membership and th9 av8llablllty Its tho Council
ol a range of skills most suited to achigving thè èfficiènt functioning of the As$ocialion'$ deliberations and affairs. Risk management
the Irusle88 have a duty to identify and review the Tisk6 to whtch the charity is exposed and lo ensure approprlate controls are In
place to provide feasonablo assuranc• against Iroud and 8rror.
PRINCIPAL ACTMTIES
The piincipal adivity of the chaiity in th8 year under review wa$ the advancement of the educational and other charrtable work of
Pelerhouse in the Universlty of Cambridge. The Charity's acllvllies are cenlred on ¥ludenl wellbelng. includbng a particulaT focus on
supporting mental health and on enabling inclusion and aC￿ss.
Th8 report was prapar8d Sn accord8nca wllh Iho $p8clal provi5iDnB within Part 15 of the Companies Act 2006 relating to small
companies.
Approvgd by the board of Iruslees on.....................................and signed on ils behalf by..
E Kreling
Trustee
page 4

Friend¥ of Petèrhou8e
INDEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 3010912024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS OF PETERHOUSE
l ￿port to the charity Iruslees Ivtho are also Directors lor the purpose of company lawl on my oxarninalion of the aecounls ol the
accoun18 01 the Fr18nds of Pelerhousg f the charitable comp8ny'l for the y&ar ended 30 Septembèr 2024 which comprlse thè
Slalemenl of Financial Activitiès, the Balance Shaal and related notes.
This report is made solely lo tha charitys Iruslees. as a body, in accordance wlth seclson 145 of the Ch8rllie8 Act 2011. My work h85
baen undertaken so that l rnighl state to the charitys trustees Ihose matt8TS l am required to state lo Ihern In this report and for no
olheT purpose. To Ihe fullest èxtent permthed by law. I do nol accept or assumè rèspor￿[bllSlY lo anyone olhtrr than the charity and
thè ¢haritys trustees Bs 8 body, for my work, or tho opinions I have formed.
RESPONSIBILMES AND BASIS OF REPORT
As lh8 charitys Irusl8es of the Comp8ny land also its dlr&ctoryJ for the purposes of company lawl you ar& rèsponsible for the
proparallon of the aceounls In accordance wilh thè requirements of the Companres Act 20061'lhe 2006 A¢t').
Having satisfied my$ell that the accounts of the Company ar& not f¥quired lo be audilgd under Part 16 of the 2008 Act and are
eligible for independ8nl examination. I report In respect of my examinallon of your charity's accounts a5 rarried out under Sedion 145
ol thè Charities Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I hava folk)wed the Direcllons glven by the Charity
Commlsslon under Sectlon 145151 (bl of the 2011 Act.
An independenl examination does not includ8 g8lheFing all evidence that would be required in an audlt aNI consequently does not
cts￿r all Ihe matters that an auditor considers in giving Ihelr oplnion on the financial slal¢mènls. The planning and conduct of an
audit 9098 beyond the limited Assur8nce that an independent èxamination can provide. Consequently l express no oplnion as to
whether thè finanaal slalemenls pre$onl a 'lruo and fair, view ond my report 18 Ilmrted lo those sp8¢rf￿ matters sel out in the
ndependenl examin6rfs sl818menl,
INDEPENDENT EXAMINERS STATEMENT
I have completed my examin81Ion. I wnfirm that no mattèrs have come lo my attenllon In ¢r)nneclion wilh the examlnafjon giving rn8
cause lo b8118v8'.
- accounting records wère not kgpl in respect of Ihg Compar)y as required by Sa¢tion 386 of the 2(K)6 Act.. or
2. the accounts do not accord with Ihusg records: or
3. the aceounts do not comply with th8 acwunling requiremfynls of Section 396 of th& 2006 Acl other Ihan any requlrgmonl that the
accounts glve a Irue and fair viéw which is not o matter considered as part of independent examinal(on,' OT
4. the accounts hava not been prepared in aecordance wilh Ihe mathods and principles of tha Statement of Recomm&nd&d Practice
for aceounling and reporting by charities (applicablfy lo ¢harilies preparing Ihelr accounls in accord&nca wilh the Financial Raptsrtlng
Standard appllcable In the UK and Republic of Ireland {FRS 102)).
pag8 5

Frlgnd¥ of Pgtgrhoustr
INJEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 3010912024
I hava no concarns and have come across no other matters in conne¢llon wlth tha examination lo which attention should be drawn In
thls r8POrt In Order lo enable a proper U￿19r$tsn￿l
f lh& accounts to be reached.
Tim Sull￿an FCA
Fiekl Sullivan Ltd
9 Hare & Billet
Blackheath
London
SE3 ORB
Dale..
page 6

Friends of Petèrhousg
statement of Flnancial Actlvltl•8
for tho yèar •nded 3010912024
2024
2Q23
UnrgBtrlcted R•strlctgd
funds
fund5
Total
Tot
Income
Income from generaled lunds
Donations and leg8cl0s
Income from Inveslm8nls
Total Incorne and end4)vffli¢nts
Exp•nges
Cos15 of generating funds
Exp8ndilure on Ralstsd lund8
Expenditur¢ on Charilable activllies
Total Expènses
11,686
41,404
53,090
11,686
49,704
61,390
6, 726
56,073
62,799
8.300
8,300
17,132
79.550
96,682
17.132
106,936
124.068
9,021
139,007
148,028
27,388
27,386
Net IncomèllExpendlturel
143,5921
{19.0861 162,6781 (85.229)
Inveslrnant gain$
301,853
7.163
308.816
179,313
Net movement In funds:
Nèt income for thè year
Tol81 funds broughl forward
Net funds carried forward
258,061
2.171.579
2,429,640
111,9231 246.13B
94,084
156,186 2,327,765 2.233,681
144,263 2,573,903 2,327,765
Thls 81alement of financial activities in¢lude8 all gains and losse5 racognised in the y&ar. All income and expenditure
derive from continuing activitlès
page 7

Frlonds of Pet•rhou8e
BALANCE SHEET AT 3010912024
2024
2023
Not•s
FIXED ASSETS
Inve8lments
2,483.677
2,232.908
CURRENT ASSETS
Debtors lamounls falling due wlthln one yoarl
Cash al bank and in hand
2,019
199,281
201,300
111.074
4, 184
233,428
237,612
142. 155
CREDITORS.. Amounts falllng due wlthln on• year
NETCURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIA81LmES
90.226
2,573,903
94,857
2,327, 765
CAPITAL AND RESERVES
Unr•#tricted funds
Genèr81 fund
Restrictod fund8
2.429.640
144.263
2.573,903
2.171.579
156, 186
2,327,765
For the year ending 3010912024 the company was &nlltled to exempllon undpr secllon 477 of the Companie$ A¢t 2006 relating to
small compèniey.
The m8mb8rs have not fequlréd the company to oblaln gn audit in accordgn¢& with section 476 01 the Companies Act 20(hS.
The direclors acknowledge their ffjSPDn8ibllillè8 for complying wtth the requirements of the Act with r&sp8¢t to accounting rocord8 and
the preparation ol accoun15.
These accounts have been prepared In Bc¢or(lance wilh the provl$lon8 applicable to companie5 subl8ct lo the small comp8nle$
Tegime.
Approved by the board of trust8e¥ on.17..:3::..Yand signed on
thelr behalf by
E Kreling
Tru$lee
qe
D C Jeffieys
Trusteè
page 8

Frignds of Petsrhous8
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 3010912024
1. ACCOUNTING POLICIES
1a. Basls Of Aecountlng
The accounts have been prepared under the historical c081 convention.
The accounts have been prepared in accordance wilh FRS102- The Financlal Réporting Standard applicable In th& UK and Rapublic
of Ireland and the Compan188 Act 2006 and the requirements of the Slalemenl ol Rewmmended PrActice, Accounting and Reporting
by Chariliè$.
1b. Ineomlng Resources
All incoming re50urc88 are Included on the Slalernenl of Flnanclal ALtfvilies when the charity Is leg811y enlKled to Income and the
amount b8 quanlffled with reasonablè accurBcy.
1c. Resources Expgnded
Expèndituiè is accounted for on an accruals basis and ha6 been classffied under headings that aggregale all cosl r8laled lo the
category. Where costs cannot be directly allribuled to parliculpr hgading5 Ihey havg begn ollocg18d to acllvitias on a basis consislenl
with thè us8 of résouT(*S.
Id. Allocation And Apportlonm•nt Of Costs
All cost5 relole lo the single actsvity of the charitable company and are recogn18ed accordlngly.
19. Fund Ac¢ounting
Un￿striC1ed lunds can be used in occordance with the charitable objectives at the discreltsjn of the Iruslees.
Rostrlcted funds can only be used lor parts'cular ￿$tricted purpose8 within the objects of the charty. Reslrictlons ar188 when 8pecified
by Ihe donor or when funds are raised lor pariicular reslricied purposes.
D9$1gnalgd fund$ aro fund5 sel asidg by the Iruslees out of unroslricled genoral funds for Ihe specific fulure pufposes or projects.
1f. Inv•gtmèntg
Inveslments are shown in the Balance Sheet al their market value al Ihe Balance Sheet date. All gairbsllosses on valuation are laken
to the Slatement of Flnancial Aclivitles.
page 9

Frlends of Pet•thou80
2. EMPLOYEÉS
2024
2023
Average numb8rof emFloyees
3. FINANCIAL ASSETS
Listed
Investments
Total
Cost
At 0111012023
2.232,908
15B,0471
308,818
2 483 677
2.232,908
158.0471
308,816
67
DisrM)sals
Rev8lu81ion
At 3010912024
Amortlsation
Net Book Amounts
At 3010912024
A¢ 3010912023
2,483.677
2,232.908
2,483,677
2.232,908
4. DEBTORS
2024
2023
Amounts falllng du8 within ona y68r.
Olh8r debtors
2,019
4,184
4.184
5. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
other ¢r8dltors
111,074
111,074
142,155
142,755
pag& 10

Frlends of PÉterhouso
6. LIMITED BY GUARANTEE
The company is1Smited by guarantee and d08S not have a share capilal. Each rneMb￿ gives a guarantee to contribute a surn not
exceeding £1, to the company should it b8 wound up.
7. UNRESTRICTED FUNOS
Brought In¢omlng Outgoln9 Investment
forward
resources
rè$our¢85
Galns £
301,653 2,429,640
301.653 2,429,640
Carrlèd
forward
General knd
2,17Y,579
2,171.579
53,090
53,090
186.6821
196.6821
UNRESTRICTED FUNDS COMPARATIVE
Brought Incomlng Outgo5ng Investment
fonvard ro$ources
r8sour¢es
Galn$ £
171,934 2,171,579
171,934 2,171,579
Carrlad
fowrd
Genersl fund
2,044,
2,044.062
52,255
52.2S5
196,6721
(96.6721
8. RESTRICTED FUNDS
Brought
Incoming Outgolng Investment Carrled
forward I￿OurceS
resourcé$
fon¥ard
G81n$ £
7 163 144 263
7,183 144,263
Medical FuThl
156,186
8,300
127,3861
RESTRICTED FUNDS COMPARATIVE
Brouyht Incomlng Ou¢9olng Investment Carrtod
lorward r8source$ rosources
forward
Gains £
7 379 156 186
7,379 156,186
MedScal Fund
189,619
10,544
151,3561
Medlcal Fund
The reslricled fund is d8dicated ltt suwrting research Inlo bl-polar and oth8r mental health condltions In ad4Jlts and
adolescents
P8ge11

Frl¢rtds of Peterhouse
9. ANALYSIS OF GROUP NET ASSETS 8ETWEEN FUNDS
General Fund
£'ooo
2,484
57
Restrlct8d Funds Total
£'ooo
£'ooo
2,484
201
Inv88lrnent
Curr8nt assets
Curr8nt liablliti8S
Total
144
{2,4301
144
2,574
ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS COMPARATIVE
General Fund
£'ooo
2,233
82
11431
12,172
Restricted Funds Total
£'ooo
£'ooo
2.233
238
11431
2.328
Investrnent
Current assets
Current Ilabilities
Total
156
10. RELATED PARTY TRANSACTIONS
Ther6 wer8 no relat8d party tran5aclion8 for the year ended 30 Septemb8r 2024.
pagè 12

Frlond$ of Petsrhou8e
In¢omlng Resource5
for the ye8r ended 3010912024
2024
2023
In¢omlng re8our¢e5
Incomlng rgsource$ from generated funds
Grants
R8currfng dcnalions
Non-r8curring donallon5
Legaci8S
5,406
1,280
5,000
5,293
7,433
11,686
6, 726
11,686
Investment Incomo
Oividends (Genl
Di￿dendS Imodl
In¢erast r￿1Ved
6, T26
33.947
8,300
7,457
40,7T7
10.544
4, 752
49,704
56,073
49,704
61,390
56.073
62, 799
pago 13