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**