|Trustees|||Professor D W Cranston|Professor D W Cranston|Professor D W Cranston|(Chairman)|(Chairman)| |---|---|---|---|---|---|---|---| ||||Mrs G R Dyrness (Vice Chairman)||||| ||||Dr P Bendor-Samuel||(Executive Director)||| ||||DrJSLee||||| ||||Dr R I Padilla|De Borst|||| ||||Mrs M LSawyer||||| ||||Mr J C Heyward||||| ||||Dr D M Kasali||||| ||||Dr K Kevichusa||||| ||||Mr(W H Smith (Appointed||||03/12/2021)| |Chief Operations||Officer appointed|Dr R D Brunt||||| |Secretary|||||||| |Charity number|||290112||||| |Company|number||01835274||||| |Principal address|||St Philip &StJames||Church||| ||||Woodstock Road||||| ||||OXFORD||||| ||||OX2 6HR||||| |Registered|office||St Philip 8 StJames||Church||| ||||Woodstock Road||||| ||||OXFORD||||| ||||OX2 6HR||||| |Auditor|||Craufurd
Hale|Audit|Services Limited||| ||||C/0 Craufurd|Hale Group|||| ||||Ground
Floor,|Arena|Court||| ||||Crown Lane||||| ||||MAIDENHEAD||||| ||||SL68QZ||||| |Bankers|||Royal Bank ofScotland Pic||||| ||||Oxford South|West RCSC|||| ||||74 Waterside|Drive|||| ||||Aztec West||||| ||||ALMONDSEY||||| ||||BS995BD||||| ## |||Page| |---|---|---| |Trustees'
report||1-9| |Independent
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one year||falling due within|16|(4sg,ese)||(622,032)|| |Net current assets|||||579,185||406,747| |Total assets less|current liabilities||||2,333,881||2,062,073| |Creditors: amounts
more than one year||falling due after|17||(239,277)||(248,636)| |Net assets|||||2,094,604||1,813,437| |Represented
by
Endowment
funds|||19||1,004,870||1,004,870| |Restricted funds|||20||401,711||323,520| |Unrestricted
funds|||||||| |Designated
property||fund|21|190,536||181,312|| |General unrestricted||funds||497,487||303,735|| ||||||688,023||485,047| ||||||2,094,604||1,813,437| ## ## |||||2022||2021|| |---|---|---|---|---|---|---|---| ||||Notes|6||6|| |Cash flows from operating||activities|||||| |Cash generated
from operations|||26||142,521||456,581| |Investing|activities||||||| |Purchase|oftangible
fixed assets|||(108,676)||(96,579)|| |Investment|income received|||682||81|| |Net cash|used in investing|activities|||(107,994)||(96,498)| |Financing|activities||||||| |Repayment|of bank loans|||(9,224)||(24,474)|| |Net cash|used in financing|activities|||(9,224)||(24,474)| |Net increase
in cash and cash equivalents|||||25,303||335,609| |Cash and|cash equivalents|at beginning|ofyear||982,589||646,980| |Cash and|cash equivalents|at end of|year||1,007,892||982,589| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funds|| |||2022f|2022f|2022f|2021
f|2021|2021f| |Donations
and Sifts||183,476|30,917|214,393|173,747|19,780|193,527| |Grants receivable for|||||||| |scholarships|||96,930|96,930||96,545|96,545| |St Philip and
development|StJames
donations||100,210|100,210||101,550|101,550| |Other grants|receivable|20,000|136,055|156,055|80,429|85,242|165,671| |||203,476|364,112|567,588|254,176|303,117|557,293| ## ## |||Unrestricted|Restricted|Total|unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funda|| |||2C22|2C22|2022|2021|2021|2021| |||E|s|s|f||f| |Tuition fees||701,889||701,889|714,933||714,933| |Support for
publications|and sale of
etc.||43,552|43,552||16,856|16,856| |Contributions|to||||||| |overheads||31,686||31,686|13,500||13,500| |||733,575|43,552|777,127|728,433|16,856|745,289| |||Unrestricted|Unrestricted| |---|---|---|---| |||funds|funds| |||2022f|2021| |Interest|receivable|682|81| ## ## ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---| ||||Funds|Funds||Funds|Funds|| ||||General|||General||| ||||2022|2022|2022|2021|2021|2021| ||||5|8|6|6|E|F| |Staff costs (note 10)|||463,342||463,342|572,125|5,000|577,125| |Scholarships
allocated|||127,557|112,784|240,341|95,422|106,632|202,054| |Provision|ofcourse|||||||| |programme|costs||6,417|31,172|37,589|37,254||37,254| |Publications||||31,871|31,871||24,511|24,511| |Bad debts|||11,527||11,527|(15,009)||(15,009)| |Support costs|||35,501|150,281|185,782|28,953|66,370|95,323| |Legal and|professional|fees|24,359||24,359|12,766||12,766| |Audit and|accountancy||10,737||10,737|9,456||9,456| |Trustees'
Insurance|Indemnity||15,381||15,381|15,331||15,331| |Mortgage|interest||8,254||8,254|7,347||7,347| |Architect consultancy||fees||||1,000|1,417|2,417| |IT, website and other
consultancy
fees|||23,182||23,182|31,215||31,215| |IT Infrastructure
virtual||||||||| |learning||||3,365|3,365||1,530|1,530| ||||726,257|329,473|1,055,730|795,860|205,460|1,001,320| ## ||Costs ofcharitable|activities by activity|activities by activity|type||||| |---|---|---|---|---|---|---|---|---| ||||Activities
undertaken|Support
activities|Total funds
2022|Activities
undertaken|Support
acbvnties|Totalfunds
2021| ||||directly
8|f||directly
8||| ||Staff costs (note 10)||430,777|32,565|463,342|424,153|152,972|577,125| ||Scholarships
allocated||240,341|185,782|426,123|202,054|95,323|297,377| ||Provision ofcourse|||||||| ||programme
costs||6,417|31,172|37,589|37,254||37,254| ||Publications||31,871||31,871|24,511||24,511| ||Bad debts||11,527||11,527|(15,009)||(15,009)| ||Legal and professional
fees|||24,359|24,359||12,766|12,766| ||Audit fees|||4,000|4,000||4,000|4,000| ||Accountancy
fees|||6,737|6,737||5,456|5,456| ||Trustees
indemnity
insurance|||15,381|15,381||15,331|15,331| ||Mortgage interest|||8,254|8,254||7,347|7,347| ||Architect consultancy
fees||||||2,417|2,417| ||It, website and other
consultancy
fees|||23,182|23,182||31,215|31,215| ||IT Infratructure
virtual|||||||| ||learning|||3,365|3,365||1,530|1,530| ||||720,933|334,797|1,055,730|672,963|328,357|1,001,320| |8|Grants Expended|||||||| ||||||||Unrestricted|Unrestricted| ||||||||funds|funds| ||||||||2022|2021| ||To organisations||||||9,000|5,000| ## ## ## |||||2022|2021| |---|---|---|---|---|---| |||||Number|Number| |Academic,
library and developent|||||| |Administrative|||||| |Management|||||| ||||||14| |Seconded and|volunteer|personnel|||14| |The aggregate|payroll|costs ofthese employees|were as follows:|2022|2021f| |Wages and salaries||||412,212|517,667| |Social security|costs|||32,565|38,940| |Other pension|costs|||18,565|20,518| |||||463,342|577,125| ## |Tangible fix|ed assets|||||| |---|---|---|---|---|---|---| ||||Stphigp aSt|Freehold|Flrdurea
and|Total| ||||James' Churchf|property
f|nttlnga
f|| |Cost||||||| |At 1 September 2021|||1,095,893|431,160|193,778|1,720,831| |Additions|||96,094||12,582|108,676| |At 31August|2022||1,191,987|431,160|206,360|1,829,507| |Depreciation|and impairment|||||| |At 1 September 2021|||||65,509|65,509| |Depreciation|charged|in the year|||9,306|9,306| |At 31August|2022||||74,815|74,815| |Carrying
amount
At 31August 2022|||1,191,987|431,160|131,545|1,754,692| |At 31August|2021||1,095,893|431,160|128,269|1,655,322| ## |12|Fixed asset investments|||| |---|---|---|---|---| |||||Other| |||||investments| ||Cost orvaluation|||| ||At 1 September 2021 &31August 2022|||| ||Carrying
amount|||| ||At 31August 2022|||| ||At 31August 2021|||| ||||2022|2021| ||Other investments
comprise:|Notes|5|5| ||Investments
in subsidiaries|25||| |13|Stocks|||| ||||2022|2021| ||Stock ofpublications||5,000|5,000| |14|Debtors|||| ||||2022|2021| ||Amounts
falling due within one year:|||6| ||Trade debtors||10,556|25,620| ||Other debtors||15,593|15,570| ||||26,149|41,190| |15|Loans and overdrsfts|||| ||||2022|2021| ||||5|5| ||Bankloans||248,914|258,138| ||Payable within one year||9,637|9,502| ||Payable after one year||239,277|248,636| ## ## ## |Creditor|s: amoun|ts|falling due within one year|||| |---|---|---|---|---|---|---| ||||||2022|2021| ||||||5|5| |Bankloans||||15|9,637|9,502| |Other taxation and||social security|||8,895|9,880| |Trade creditors|||||23,195|48,926| |Student|fees paid|in|advance||331,786|347,308| |Amounts|owed to|fellow group undertakings|||4|4| |Deferred|income||||23,567|59,387| |Accruals|||||62,772|147,025| ||||||459,856|622,032| |Creditors: amounts|||falling due after more than one year|||| ||||||2022|2021| |||||Notes|5|5| |Bankloans||||15|239,277|248,636| ## ## ## |||||||Movement|Movement|in funds||| |---|---|---|---|---|---|---|---|---|---|---| ||||||Balance at|Incoming|Resources||Transfers|Balance at| |||||1|September|resources|expended|||31August| ||||||2021|||||2022| ||||||E|E||5|5|5| |Freehold|Property|Endowment|Fund||1,004,870|||||1,004,870| ||||||1,004,870|||||1,004,870| ## ## |||||||Movement
in funds|Movement
in funds||| |---|---|---|---|---|---|---|---|---|---| ||||||Balance at|Incoming|Resources|Transfers|Balance at| ||||||1September|resources|expended||31August| ||||||2021f|f|f||2022
f| |Scholarship||funds|||40,906|96,930|(112,784)||25,052| |AMRI|||||47,852|30,917|(50,201)||28,568| |Publications||fund|||2,757|43552|(31,871)||14,438| |Windows appeal|||||5,926||||5,926| |Organisational
case review|||||31,172||(31,172)||| |International||mission|leaders||36,932|117,455|(99,955)||54,432| |St Philip 6|StJames Development||||55,309|100,210||(96,093)|59,426| |Capitalised||development||costs|91,024|||96,093|187,117| |IT Infastructure
Virtual|||Learning||4,834||(3,365)|(1,469)|| |ITequipment||capitilised|||4,636|||1,469|6,105| |Fundraiser|-Cromwell||Trust|||18,600|||18,600| |Paul Woods||research|costs||951|-|(50)||901| |Peer supportfunds|||||1,221||(75)||1,146| ||||||323,520|407,864|(329,473)||401,711| ## |||||Movement
in Funds|||| |---|---|---|---|---|---|---|---| ||||Balance at|Tranafem|Balance at|Trans(era|Balance at| |||1|September
1
2020
f
f||September
2021
f||31August
2022f| |Property|Fund||156,838|24,474|181,312|9,224|190,536| ||||156,838|24,474|181,312|9,224|190,536| ## ## ## ## ## |26|Cash generated
from|operations||||2022f|2021f| |---|---|---|---|---|---|---|---| ||Surplus for the year|||||281,167|296,843| ||Adjustments
for:||||||| ||Investment
income recognised
in statement||offinancial|activities||(682)|(81)| ||Depreciation
and impairment
oftangible fixed assets|||||9,306|7,446| ||Movements
in working|capital:|||||| ||Decrease
in debtors|||||15,041|10,206| ||(Decrease)/increase
in|creditors||||(162,311)|142,167| ||Cash generated
from|operations||||142,521|456,581| |27|Analysis ofchanges|in net funds|||||| ||||||At 1September|Cash flows|At 31August| ||||||2021f||2022f| ||Cash at bank and
in hand||||982,589|25,303|1,007,892| ||Loans falling due within|one year|||(9,502)|(135)|(9,637)| ||Loans falling due after|more than one year|||(248,636)|9,359|(239,277)| ||||||724,451|34,527|758,978| ## |Movement
in th|es|e funds during the year were as follows:||| |---|---|---|---|---| ||||2022f|2021| |Balances brought||forward|18,724|22,307| |Net movement|in|the period|12,013|(3,583)| |Balance carried|forward||30,737|18,724|