REGISTERED COMPANY NUMBER: (K1493764 (Engl*nd *nd Wales
REGISTERED CHARITY NUMBER: 297507
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR EJYDED30JUNE 2022
FOR
OLD REDINGENSIANS ASSOCIATION LIMITED
(A COMPANY LIMITED BY GUARANTEE)
Vale & West
Chartered Ac¢ouniants
VicToria House
?6 Queen Victoria Sireet
Reading
Berkshire
RGI ITG
*ABISR2GW*
1311212022
COMPANIES HOUSE
A07

OLD REDINGENSIANS ASSOCIATION LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED30 JUJYE 2022
Page
Reference and Administrative Deiails
Report of the Trustees
3 ￿ 5
Independent Examiner's Rew>rt
Statement of Fi#*ncial Aetivities
B*lao¢e Sheet
Nol¢s to the Financial Siatements
10 to 17
Detailed Statemertt of Fin*tt£i*l Activities
18 to 19

OLD REDIJYGENSIANS ASSOCIATION LIMITED
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED30JUNE 2022
TRUSTEES
M A C Barroii, Events Secrttary (resigned 25.9.21)
K C Brown. Archivi51
N C Burrows
J D Chadwicl Hon Secretary and Vice-President
A D'souza
J M Evans - see note in Tru5tee5 Report
R G Griffiihs DL
E S Holi Chairman
l D Mckinnon. Immediate Past President (resigned
9.11.21)
A M Robson. Headmaster
R J Sawyer
J H Short. Immediate Past Presidenl
R J Taylor Honorary Treasurer
A D Truslove
A S Tuggey DL, Presideni (appointed 26 September 2020)
C J Widdows Membership Secretary
C L Windebank
P Whitehead (appointed 31.3.22)
F Peck Events Secretsry (aprM)inied 31.3.22)
RECISTERED OFFICE
Reading School
Erleigh Road
Reading
Berkshire
RGI 5LW
REGISTERED COMPANY
NUMBER
(KH93764 (England and Wales)
REGISTERED CHARITY
NUMBER
297507
INDEPENDENT EXAMINER Vale & We
Chanered Accountants
Vicioiia Ho￿Se
26 Queen Victoria Street
Reading
Berkshire
RGI ITG
Page I

OLD REDINGENSIANS ASSOCIATION LIMITED
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED30JUNE 2022
SOLICITORS
Blandy & Blandy LLP
l Friar Streei
Reading
Berkshire
RGI 2BU
BANKERS
HSBC
26 Broad Street
Reading
Beikshire
RGI 2BU
Page 2

OLD REDINGENSIANS ASSOCIATION LIMITED
REPORT OF THE TRUSfEES
FOR THE YEAR ENDED 30 JUNE 2022
The Trustees present iheir annual report together with ihe financial staTemenis of the charity for the year I
July 2021 to 30 June 2022. The Annual rewrt serves Ihe purposes of trK)ih a TrusÈees' rew)rt and a directors,
report under company law. The Trustees confiTTn thai the Annual RepN)rt and financial Siatements of the
charirable company comply wilh the current ￿aluI0ry requiremenrs. the requiremenis of rhe charitable
oJnpany's governing docurnent and the provisions of ihe Statement of R￿0MMended Practice (SORP)
applicable io Charities preparing iheir account5 in accordance with ihe Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS102) {effeciive l January 2015) as amended by Update
Bulletin l (effe¢iive January 2015).
Since ihe Company qualifies as small under section 382 of the Companies Aci 21M)6, the Siraregic Report
required of medium and large companies under the Companie5 Aci 2(M)6 (Strategic Report and Dire¢tors'
Report) Regulalions 2013 is noi required.
OBJECTIVES AND ACTIVITIES
Objective5 and A¢tiwities for public ben¢fil
In setting its objectives and planning its aciivitie5 the Tru5tee5 have given careful considerniion to the
Charity Commission's general guidance on public FKnefii.
The As50ciaiion will encourdge old tN)ys of the Schth)I to become involved in a¢iivilies that will maintsin ihe
heriiage of the School. li is important to ihe l¢xal community thar a grammar school oplion should offered
to the to%vn of Reading and beyond. In planning aciiviiies for the pasi year. Ihe Associaiion soughi to
demonsirate ihe publi¢ benefil to the communiiy fiom its annual programme of aciiviiies. The principal
benefit of the Association's activities is to support ihe sch￿)] through grnnts, awards, fundraising and direct
advice and a55iStance.
ACHIEVEMENT AND PERFORMANCE
Review of aetivities
The Association's main invesiments ¢oniinue io be ihe Chariiies Offi¢ial Invesimeni Fund (COIF) Deposii
Fund &nd an investhient in property. During ihe year under review. much aciivity has been limiied due ￿ ihe
Covid-19 siiuation.
l. Council was delighied to receive £6,IxKI from the Aust bequey towards supporting the Ar¢hive
2. The ORA donated io support the SchcM)I's International Book Week aThl have pledged to SUPPOrt the
Modem Foreign Languages initiative.
3. Additionally. the ORA underwrote ex￿nSe on Reading F.C.s 125 anniversary match vs a School ieam.
This helped predominantly to ¢over the initial up front cosi on shirts made for ihe occasion and nearly all
costs were recouped through the sales of ihe shins.
FINANCIAL REVIEW
Investment policy and objectives
The Redingensians. Sport5 Ground is being held for ihe long term a5 an inflation*rooftd source of income
and poiential windfall ¢apital appreciaiion. If ihe ground 15 designated for housing development this policy
will need to be reviewed.
At least 750/0 of ihe Association's liquid resour¢es will be held a5 cash deposits at COIF or in the
Association's bank aecounis. At the discreiion of rhe Treasurer, in consuliaiion wilh the President and
Council. up lo 251b/fy of the A550ciation's liquid iesources may be held in other COIF funds managed by
CCLA. said prorM)nion io be rebalanced at least annually if it grows more than 25Yo. The arnounis invested
in each cat¢gory will k noted annually in ihe Association's audiied accounts.
Page i

OLD REDINGENSIANS ASSOCIATION LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED30JUNE2022
FINANCIAL REVIEW
Reserves policy
li is the policy of the Association to utili5e reserves for the benefii of ihe pupils of Reading School. Reserves
are considered io be lh¢ value of the Unr¢stricted Fund (excluding designaied reserve5) less the Investment
Pmperiy. Reserves should not exceed three times the current yearfs ¢osts. In the event that Reserv¢s exceed
this criterion, Council should consider whai aciion is needed to bring the outcomes into line with this policy.
Going coneern
After making appropriate enquiries. the trustees have a reasonable expectation that ihe charily has adequaie
resources to coniinue in operational exi51ence for the foreseeable future. For this reason, they continue to
adopt ihe going con¢em basis in preparing ihe finartial stsiement5.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Legal Status Governartee
The chariry is controlled by its governing document, a deed of irust. and consiitute5 a limited company,
limiied by guarantee. as defined by the Companies Act 2(N)6_
The A550ciation is a registered charity and that charity is a company limiied by guarantee. The principal
aciivity of ihe Association is to advance the education of the pupils of Reading S¢hool by providing or
assisting in the provision of educational, ￿CreationaL or oiher charitable facililies for their use.
The Associaiion is governed by its Memornndum and Arficles ihus the liability of each member is limited,
currently, to ?5p in the evenr of a winding-up. The President. Vice President. Immediate Past President,
Treasurer, Company Secretary, Membership Secretary. Events Secreiary and Archivi51. and such other
officers as ihe Council shall detem)ine, are elecied by the membership on an annual basis. The Headmasier is
a member of Council ex officio. The other Trusiees, up ￿ a maxirnuM of 9, are appointed, each on a
three-year leTffl but Subje￿ to annual re-election. by the membership_ Elections take place ai the Annual
Generdl Meeling and any member is eligible for eleciion ro any of Ihe5e oifices. Any Tmstee eleaed to the
Council for ihe firsi lime is supplied with a copy of ihe Memorandum and Articles of the Association,
together with a document outlining his role for the proper running of ihe Association. Copies of the minute5
of all Council meetings are supplied 10 all Trustees. whether or not they are able to attend those meelings.
At the Association's Annual General Meeting on 28ih September 2019, members adopted revised Articles of
Associalion which, in the opinion of ORA Council, better reflert modern governance practices and
requiremenis.
The Members of the Council of the Aswcialion. aTe. in addiiiorL the Truslees of the charity and Directors of
the company.
Risk math•gement
The Trustees have a duty to identify and review the risks 10 which the charity is exposed and io ensure
appropriaie controls are in pla¢¢ to provide reasonable assurnn¢e agahnsi frdud and error.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trust¢¢s (Ivho are a150 the dir¢¢tors of Old Reding¢nsians Association Liinited for the purposes of
company law) are responsible for preparing the Rew)rt of ihe Trustees and the finan¢ial siatemenis in
accordance with applicable law and Uniied Kingdom A¢¢ounting Standards (United Kingdom Generally
Accepied A¢couniing Practice) including Financial Reporting Standard 102 "The Financial Reporting
Siandard applicable in the UK and Republi¢ of Ireland"
Page 4

OLD REDINGENSJANS A&SOCIATJON LIMTTED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2022
STATEMENT OF TRUSTEES, RESPONSIBILITIES- continwed
Company law requlres the tnst¢¢s to proor¢ [ma￿l#l ststements for ¢ach ftnancial year which giv¢ a true
and faiT Vtew of the slate of affairs of the charitable company and of the incoming resources and application
of resour¢es. io¢luding the income and expenditurq of the tharitable collwny foT that period. In pre￿ing
those financial statements. the trustees are required to
select suitsble accounting policies and then apply them CO￿]51entIy.
observe the methods and principles in the Charity SORP.
makeiudgeme7)1s gnd estin)at¢s that ar¢ r¢asoDable and prud¢nt:
prepare the financial stat¢m¢nts on the going concern basis unle53 it is inappropriat¢ to p￿s￿n¢ that the
¢haTitable company will conliDue ID business.
The trusiees are responsibk for keeping proper accoiinting T¢¢ords which disclose with r¢&sooable accw
at any tim¢ the fil￿]¢141 position of the cbaTit#ble Company aad to enable them to ensure that the financial
statements comply with the Companies Au 2006. They are a150 tesponsibl¢ for safeguardiDg the assets of
thc chaTitsbl¢ company and hence tor taking reasonable s¢ps for th¢ prevention and det¢¢tion ot fraud
other iTregularitie8.
Approveii fly or(ier OT the knro OT mwees on......... .... ............................. and sig[￿d on its behalr by..
E S Holt- Tr￿le¢
Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
OLD REDINGENSIANS ASSOCIATION LIMITED
Independent ey*miner's report to the tntstees of Old Redfittgensi*ns Association Limited Cthe
Company,)
I report w the charity tn￿lee5 OD rny exami￿tIon of the accounts of the CompaDy for the year eDded
30 June 2022.
Responslbllitles #nd bas1$ of report
As tbe ¢harity's trustees of tbe Company (and also its directots for the putposes of company law) you are
responsibl¢ for the preparati4)n of the accounts ID aco)rdance with the requirements of the Companie5 Act
2006 ('the 2006 Acf).
Havitig satisfied myself that the accounts of the Company are not required to be audited under Part 16 of th¢
2006 A¢1 and ar¢ eligible for itidependent examin￿10￿ I report in respect of my examination of your
¢haTity'$ a¢counts as wried wt under section 145 of the Cbarities Act 2011 Cthe 2011 Act). tn canyills Out
my examination I have followed the Dire£ttons giveo by the Chariry Commission under Section 145(5) (b) of
the2UII Act.
Independent ex•mitter's $tstemeDt
i have completed my examinatton. I co1￿ that no tnatters have come to attention in coollect&on with
th¢ examinatson me cause to believe:
accounting records wue not kept in respect of the Company as requiTrA by section 386 of the 2006
A¢¢ or
the accounts do not aecord with those records" or
the accounts do nol comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a tn￿ and fair view wbicb is Dot a matter considered as
part ot.an independent examinatt0￿ or
the a￿Ullts have not been prepared in accordan¢e with tbe meth(*ts and prinC￿leS ot. the Ststement
ot" Kecommended Practs"ce tor accounllDg and reponing by chants'es (applicable lo ctwi'tses preparing
their accounts in accordance with the Trmanciai KeEK)rtmg 2•tsnoar(i appiicaDie in ttie LJK ana
KepubliG oi trejand ltr"KJ" IVXJ).
i iRve no CODcerns ana nave come acr055 no Oll￿r matm m ￿nn¢¢ll0￿ wiirj exaMU￿￿on ro wrÈicn
allennon snouia 0¢ (wawn m rep)n. m orner to enaDie a pr(y¢r wk(wswiaJng oi Tn¢ ￿COunts io De
r¥#¥nvu.
Ixe Gardner FCA
Vale & Wesi
Chartered A¢countaDts
Vi¢tOTia House
26 Queen Victorta Street
ReadinR
Berkshire
RGI ITG
Page 6

OLD REDINGENSIANS ASSOCIATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 JUNE 2022
30.6.22
Total
30.6.21
Total
funds
Unrestricted Endowment
funds
fuThJ
Noies
INCOME AND ENDOWMENTS FROM
Voluntary income
30.780
30.780
20,599
Charitable gttivities
Charitable aciiviiies
1.193
Other trading a¢tivities
Investment income
478
2,601
3.079
2,949
Total
32.143
2,601
34.744
24,741
EXPENDITURE ON
Fundrdising costs
3,079
3.079
62
Charitable 8Ctivities
Charitable activities
Governan¢e
22538
1,760
2.53S
25,073
1,700
21,840
1.554
Total
27J77
2335
29.912
23,456
Net gain51(losses) on investments
(750)
(4.739)
(5.489)
13,925
NET INCOMEI{EXPENDITURE)
4.016
(4.673)
(657)
15.210
RECONCILIATION OF FUNDS
Total funds bTought forward
31&790
106,736
425,526
410.316
TOTAL FUNDS CARRIED FORWARD
322006
102,063
424.869
425.526
The notes form pan of these financial statements
Page 7

OLD REDINGENSIANS ASSOCIATION LIMITED
BALANCE SHEET
30JUNE 2022
30.6.22
Total
funds
30.6.21
Toial
funds
Unresiricied Endowment
funds
fund
Noies
FIXED ASSETS
Investments
Investments
Invesrment property
10
13.980
245.000
88276
102.2)6
245.000
107,745
245,000
258,980
88276
347,256
352,745
CURRENT ASSETS
Stocks
Debtors
Cash at bank
12
13
1.539
1339
1,714
2,886
86,712
84J45
13,787
98.132
8)084
13.787
99.671
91,312
CREDITORS
Amounts falling due wiihin one year
14
(12.058)
(12,058)
{8,531)
NET CURRENT ASSETS
73,826
13,787
87,613
82,781
TOTAL ASSETS LESS CURRENT
LIABILITIES
332,806
102.063
434869
4)5,526
CREDITORS
Amounts falling due after more ihan one
year
(10.000)
{10,000)
(10,IK)O)
NET ASSETS
322,806
102,063
424069
425,526
FUNDS
Unrestricted funds
Endowment funds
322,806
102,063
318.790
106,736
TOTAL FUNDS
424.869
425.526
The chariiable ¢otnpany is enliiled io exempiion from audil under Seciion 477 of the Companie5 Act 2006
for the year ended 30 June 2022.
The membeTS have ￿t required the company io obtain an audit of its financial 5taiements for the year ended
30 June 2022 in a¢cordan¢e with Seaion 476 of the Companies Act 21)06.
The noies forni part of these financial ststements
Page 8
continued...

OU) REDINGENSIANS AsK￿lATIoN LtMrrED
BAL4NCE SHEET- ¢on¢inued
30 JUNE 2022
The truste¢s acknowledge their resp)Dsibilities for
(a)
ensuring th&t the ¢harit4bl¢ company keeps ￿QUatIng ￿ordS that comply with Sections 386 and 387
of the Companies Act 2(K16 and
(b) preparing financial stat¢ments whicb giv¢ a true and fair view of the swe of affatrs of the charitable
company as at the end of each finan¢iai year and of its or deftcit for each fAnanci41 year in
accordance with the requirements of Sections 394 and 395 8nd which otherwise comply with the
requirements of the Componies Ad 21J)6 relating to financial statements. 50 far as applicable to the
chan"table company.
"rh¢se tinanci81 ststements hAve been prepar&J a¢COTd￿ with th¢ provI￿on$ appb'cabk to cbaritabl¢
compatsies subject to the smaii companies re￿Me.
'I'he tinanciai Ststements werc appToved ty Ihe t50ara ot "i.nL%￿s and 8uthonsed tor issue on
.. atta were sw on Its Dy:
E S Holt- Trust¢¢'
A S Tuggey- Trustee
The not¢s fornj part of these fiDancial stat¢ments
Page 9

OLD REDINGENSIANS ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial staiemenis have been prepared in accordance wilh ihe Charilies SORP (FRS 102)
Accounting and Reporling by Charitie5.' Sraiemeni of Recommended Practice applicable io ¢harities
preparing their accounrs in accordance wilh Ihe Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 102) {effeclive l January 201)). the Financial Re￿}rtIng Standard
applicable in the UK and Republic of Ireland (FRS 102) and ihe Companies Act 2006.
Old Redingensians Associaiion Limited meeis ihe definiiion of a public benefit eniiiy under FRS 102.
Assets and liabilities are initially recognised at historiral cost or transaction ￿]￿e unle$5 Otherwise
slated in the relevant accounting policy.
Income
All income 15 recognised in the Ststement of Financial Activities once the Charity has entiilement to
Ihe funds, it is probable that the income will be received and the amount can be measured reliably.
Expendilure
Costs of geneTating funds are cosis incurred in attracting voluntary income. and those incurred in
Irading activities ihat raise funds.
Charitable activities and Governance costs are costs incurred on the compan￿5 operations, including
support cosis and costs relating io the governance of the company apportioned io charitable activiiies.
All expenditure is inclusive of irrecoverable VAT.
Investment property
The invesimeni property, a sports ground. is slated ai valuation and an Independent valuation is
obtained by the trustees at periodi¢ intervals, usually every five years at the same tiJne that a rent
revieiv occurs. In ihe intervening years. the inveslment property is valued by the trustees having
regard to any significant changes in circumsiances which have incurred in the year under
consideraiion. In norn)al circumstsn¢es the principal factors affecting valuaiion are reni re¢eiYable
and long-tem) interest rates prevailing.
Stocks
Stocks are valued at the lower of cost and nel realisable value. after making due allowance for
obsoleie and slow moving items.
Taxation
The charity is exempr from corpordtion tax on its charitable activities.
Fund accounting
General funds are unrestricted funds which are available for use ai the discretion of ihe Trustees in
furtherance of the general objeciives of the company and which have not been designaied for other
purposes.
Designaied funds ¢omprise unre51ri¢ted funds thai have been sei aside by the Trustees for particular
purposes. The aim a￿1 use of each designated fu￿] is set out in ihe note5 to the financial sratements.
Page 10
conlinued...

OLD REDINGENSJAIYS ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS- cootinued
FOR THE YEAR ENDED30JUNE 2022
ACCOUNTING POLICIES- continued
Fllnd a££ounting
Restricted funds are funds which are to be used in accordance with S￿lfiC ￿$triCt10n5 imposed by
donors or whi¢h have been raised by the company for paniculai purposes. The costs of raising and
admini51ering such funds are charged against ihe Specific fund. The aim and use of each restricted
fund is sel out in ihe notes io the finan¢ial ststements.
Investments
Fixed asser invesimenis are a forni of financial instrument and are initially ￿0¥nised ai their
iransaction ¢osi and subsequently measured at fair value ai the Balance 5hee( date, unless the value
cannoi be measured reliably in which case it is measured ai cost less irnpairm¢nt. Invesimeni gains
and losses. wheiher realised or uniealised, are combined and presenled as 'Gainsl{Losses) on
investmenis. in the Statetnent of financial activities.
Debtor5
Trade atNJ other debiors are recognised at ihe senlemeni amouni after any trade discount offered.
Prepayments are valued at the amount prepaid nei of any trnde discounis due.
Cash at bank and ID band
Cash at bank and in hand includes cash and 5hort-ierfft highly liquid investment5 wilh a shon maiuriiy
of three months or less from the date of acquisition or opening of Ihe deposii or similar account.
Liabilities and provisions
Liabiliiies are recognised when ihere is an obligation at the Balance sheei date as a result of a pasi
event, it is probable ihai a iransfer of economic benefit will be required in settletnenL and th¢ amount
of the settlemeni ¢an be estimaied reliably.
Liabilities ar¢ r¢¢ogni5ed at the amount that the company anticipate5 it will pay to settle the debi or
the amount it ha5 received as advanced payments for the gcrt)ds or services it must provide.
Provisions are measured at the best estimale of ihe amounts required to settle the obligation. Where
Ihe effe¢t of the time value of money is material. the provision is based on the preseni value of those
amount5, discounted at ihe pre4ax discount rdte thai reflects the risks spe¢ific io the liability. The
unwinding of the discount is recognised in ihe Stat¢tn¢nt of financial aciivilies as a finance c051.
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATIOIY
UNCERTAIiYTY
Estimates and judgTnents are continually evalualed and are based on hi5rorical experience and other
factors, including expectsiions of future evenis thai are believed to be reasonable under ihe
circumsthnces.
The company makes estimaies athl assumptions conceming ihe future. The resuliing accounting
esiimaie5 and assumpiions will. by definition. seldom equal ihe relaied actual results_ The estimates
and assumptions that have a significant risk of rausing a material adjustment have been carefully
considered 10 ensure compliance with the requirements under FRS 10?
Page 11
coniinued...

OLD REDINGENSIANS ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continwed
FOR THE YEAR ENDEDJOJUNE 2022
VOLUNTARY INCOME
30.6.22
Total
funds
30.6.21
Total
funds
Unrestricied Endowment
funds
funds
Donations
Rent receivable
Subscriptions
Sale of ties
In¢ome from annual dinner
7,146
13,794
7,711
7,146
13,794
7,711
196
1,933
13.1>0
7,374
75
1.933
30,780
30,780
20,599
OTHER TRADING AcfiviTIES
30.6.22
Total
fund5
30.6.21
Total
funds
Unrestricled Endowment
fU￿J$
funds
Fundraising events
INVESTMEIYT INCOME
30.6.22
Total
funds
30.6.21
Total
funds
Unrestricted Endowrneni
funds
funds
tkp05it account inter¢51 and dividend5
478
2,601
3,079
2.949
FUNDRARSIIYG COSTS
Raising donations and legacies
30.6.22
Total
funds
30.6.21
Total
fund5
Unrestricted EThiowmenl
funds
funds
Annual dinner expenses
Ties
2.903
176
2,903
176
62
3,079
3.079
62
Page 12
coniinued...

OLD REDINGENSIANS ASSOCIATION LIMITED
NOTES TO THE FINAIYCIAL STATEMENTS- Coniinued
FOR THE YEAR ENDED30JUNE 2022
CHARITABLE ACTIVITIES COSTS
Direct
Costs
Support
costs
Toials
Chariiable acliviiies
Governance
24.589
25,073
1,760
1,760
24389
2344
26.833
INDEPENDENT EXAMINER'S REMUNERATION
30.6.22
30.6.21
Fees payable io ihe charity's auditors for the audit of the charity's
financial statements
630
TRUSTEES, REMUNERATION AND BEIYEFITS
There were no Trusiees, remunerntion or oiher be￿rits for the year ended 30 June 2022 nor for Ihe
year ended 30 June 2021.
Trustees, eypenses
There were no irusiees. expenses paid for ihe year ended 30 June 2022 and 30 June 2021.
10.
FIXED ASSET INVESTMENTS
Listed
inYe5tment5
MARKET VALUE
At l July 2021
Revaluations
107,745
(5.489)
AI 30 June 2022
102256
NET BOOK VALUE
AI 30 June 20?2
102256
At 30 June 2021
107,745
There were no investment assets outside ihe UK.
2022
2021
Investments at market value comprise of:
Investmenis
102356
107,745
Page li
Continued.

OLD REDINGENSIANS ASSOCIATIOIY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- tontinued
FOR THE YEAR ENDED 30JUNE 2022
INVESTMENT PROPERTY
FAIR VALUE
Ai l July?021
and 30 June 2022
245,000
NET BOOK VALUE
At 30 June 2022
245,000
At30June 2021
245.000
Valuation
At l July 2020 und 30 June 2021
245,01)0
Comprising
Cost
Revaluaiion surplusl(deficit)
2008
2011
2015
25.000
85.0
74.0
61.0
At30 June2021
245,000
The last independent valuation ivas made by Dunster Mort(￿. Chartered Surveyors. on 30 June 2015
on open market value for existing use basis. Th¢ propeny is for use a5 a spons ground.
The Trustees are of ihe opinion ihai the investmeni property valuation has noi materially changed
since rhe valuaiion on JO June 2015.
12. STOCKS
30.6.22
30.6.21
Finished go¢)d5
1339
1.714
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22
30.6.21
Trade debioTS
Prepayments aftd accrued income
2.500
386
2,886
Page 14
continued...

OLD REDINGENSIANS ASSOCIATION LIMITED
NOTES TO THE FIJYANCIAL STATEMENTS- coolinued
FOR THE YEAR ENDED30JUNE2022
14. CREDITORS: AMOUNTS FALLING DUE WITHIN O]YE YEAR
30.6.22
30.6.21
Accruals and deferred income
12,058
8.531
15. CREDITORS: AMOUIYTS FALLIJ¥G DUE AFTER MORE THAJY ONE YEAR
30.6.22
30.6.21
Oiher loans {see noie 16)
10.000
10,000
Thi5 amount is a non-tnteresi bearing loan facili￿ted by Mr Neil Thomason which is only repayable
out of the proceeds of the sale of the Old Bath Road rugby ground. should this occur.
16.
LOANS
An analysis of ihe maiuriiy of loans is given below..
30.6.22
30.6.21
Amounts falling between one and two years:
Other loans- 1-2 year5
i 0,000
17.
MOVEMENT AJY FUNDS
Net
movemeni
in funds
At
30.6.22
At 1.7.21
Unr¢stricled fund5
Oiher unrestricted futKls - liquid
Designated funds
310.885
7,905
11.921
(7.905)
322006
318.790
4.016
322W6
Endowment funds
Endowmeni Funds
106.736
(4673)
102.063
TOTAL FUNDS
425026
(657)
424,869
Page 15
continued...

OLD REDINGENSIANS ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS- eoolinued
FOR THE YEAR ENDED30 JUNE 2022
17. MOVEMENT IN FUNDS- continued
Net movem¢nt in funds. included in ihe above are as follows..
Incoming
resources
Resources
expended
Gains and Movement
1055e5
in funds
Unrtstrieted funds
Other unrestricied funds- liquid
Designated funds
32.143
{19,472)
(7.905)
{750)
11.921
{7.905)
32.143
(27J7
(750)
4.016
Endowment funds
Endowmeni Fund5
2,601
(2.5351
{4.739)
(4,673)
TOTAL FUNDS
34.744
(29.912)
{S.489}
(657)
Compargtives for movement in fund5
Net
movemeni
in fuTrJs
Ai
30.6.21
Ai 1.7.?0
Unresiricled funds
Other unrestricied funds- liquid
Designated funds
301,941
13.71
8,944
{5.806)
310,885
7.905
i li.6)2
3,138
318,790
Endowment funds
Endowment Fund5
94.664
12,072
106,736
TOTAL FUNDS
410.316
4?5.526
Page 16
continued...

OLD REDINGENSIANS ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30JUNE 2022
17. MOVEMENT IN FUNDS- continued
Comparaiive net movement in funds, included in the above are as follows=
Incoming
resources
Resources
expended
Gain5 and Movement
losses
in funds
Unrestricted funds
Oiher unresiricied funds- liquid
DesiEnated fund5
22.206
{15,165)
15.806)
I,W3
8,944
(5,806)
22.206
{20.971)
1.903
3,138
Endowment fu￿d$
Endowment Funds
2.53)
(2.485)
12,022
12,072
TOTAL F￿NDs
24.741
(23.456)
13.925
15,210
Endowment funds were bequeathed by Peter Townsend OR (194448) "without iniending to create
any trust or legal obligation upon the OR Association". He expressed ihe wish that his bequest be
used to buy COIF units and thai ihe in¢otne should be used for the benefit of the School Library or
such other purpose as OR Council shall decide. OR Council has respecied Peters investmeni guidance
and his desire io support ihe School Library every year since this Ewuesi was received.
Designated funds is made up of an unrestricteil donation from Mr Neil Thomason {OR 1966-73) in
the amount of £25,000 during ihe year. Council ha5 determined that these fund5 should be designated
to SilPPOn the project which is aiming to obthin outline approval for housing developmeni on the Old
Baih Road rugby ground.
18. RELATED PARTY DISCLOSURES
There were no related party transaciions for ihe year ended 30 June 2022.
Page 17