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2022-08-31-accounts

CHELTENHAM CHELTENHAM COLLEGE PRFP SCHOOL Council's Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Contents Page

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Introduction by the President of Council

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Council Members, Officers and Advisors

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Annual Report of the Council

Status and administrative information

Structure, governance and management

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Objects, aims, objectives and activities

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

International operations

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Financial Review

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Principal risks and uncertainties

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Future plans

Going concern

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Statement of Trustees’ responsibilities

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Independent Auditor’s Report to the Trustees of Cheltenham College

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

1. Principal Accounting Policies

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

2. Charitable activities – Fees receivable

3. Ancillary Trading income

. Other trading activities

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

5. Investment Income

6. Bank and other interest income

7. Donations, grants and legacies

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

8. Analysis of Expenditure

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

8. Analysis of Expenditure (continued)


9. Financing costs

10. Taxation

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

11. Staff costs and related party transactions

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

11. Staff costs and related party transactions (continued)

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

12. Tangible fixed assets

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

12. Tangible fixed assets (continued)

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

13. Securities Investments

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

13. Securities Investments (continued)

14. Stock

15. Debtors

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

16. Creditors: amounts falling due within one year

17. Creditors: amounts falling due after more than one year

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

18. Fees in advance schemes

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

19. Fees in Advance Scheme - Complex financial instrument

20. Loans & Overdraft

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

20. Loans & Overdraft (continued)

21. Financial Instruments

22. Pensions

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

23. Subsidiaries

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

24(a). Movement in Funds – Current year

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

24(a). Movement in Funds – Current year (continued)

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

24(b). Movement in Funds - Prior Year

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

25. Capital commitments

26(a). Allocation of Net assets between funds – Current year

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

26(b). Allocation of Net assets between funds – Prior year

27. Related Party Transactions

CHELTENHAM COLLEGE Council’s Report and Financial Statements Year ended 31 August 2022

Notes to the Financial Statements

28. College results