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||Contents|Contents||
|---|---|---|---|
|Report ofthe Governors|||1-14|
|Report ofthe Independent|Auditors||15-17|
|Statement ofFinancia<br>I Activities|||18-19|
|Balance Sheet|||20-21|
|Statement ofCash Flows|||22|
|Notes tothe Consolidated|Financial|Statements|23-56|





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||||Unrestricted|Restricted|Endowment||Total|Total|
|---|---|---|---|---|---|---|---|---|
|||Note|funds|funds|funds||2021|2020|
||||f|f||f|f|f|
|Income and endowments|from:||||||||
|Donations<br>and legacies||3|6,115|34,405|||40,520|140,102|
|Charitable<br>activities||4|6,638,535||||6,638,535|7,100,039|
|Other trading activities||5|89,681||||89,681|85,847|
|Christ College Holiday Activities|||||||||
|Limited||15|112,687||||112,687|21,148|
|1541Limited||15|163,043||||163,043|163,043|
|Investments<br>Otherincome<br>Total income and endowments||6<br>7|28,534<br>~1247<br>7051071|16,415<br> ~50 20|12,306<br>12306||57,255<br>12476<br>7 114197|71,269<br>11286<br>7 592734|
|Expenditure<br>on:|||||||||
|Charitable<br>activities||8|6,331,305|9,575|12,306||6,353,186|6,613,802|
|Christ College Holiday Activities|||||||||
|Limited||15|47,166||||47,166|3,762|
|1541Limited||15|155921||||155 921|151229|
|Total expenditure|||65$4392|9575|2~206||~556 276|6 768 793|
|Net gains/(losses)<br>oninvestments||14|366005|215 100|~262|81|74\ 676|138510|
|Net movement<br>infunds|||882,774|256,345|162,481||1,301,600|685,431|
|Reconciliation ofFunds|||||||||
|||22,|||||||
|Total funds brought<br>forward||23,24|12494962|089 186|~639|4|14g224IS~|~1$326653|
|Totalfunds carried forward||25|13,377,736|1,145,531|802,427||15,325,694|14,024,094|





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|||||Unrestdcted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Note|funds|funds|funds|2021|2020|
|||||E|f|E|6|f|
|Income and endowments|||||||||
|from:|||||||||
|Donations<br>and legacies|||3|6,115|34,405||40,520|140,102|
|Charitable<br>activities|||4|6,638,535|||6,638,535|7,100,039|
|Other trading activities|||5|89,681|||89,681|97,847|
|Investments|||6|28,534|16,415|12,306|57,255|71,269|
|Other income|||7|12,476|||12,476|11,286|
|Totalincome and|endowments|||6 77~ 341|50820|12306|6838467|7 42D 543|
|Expenditure<br>on:|||||||||
|Charitable<br>activities|||8|62M 358|9575|12306|6 302 239|6537129|
|Total expenditure||||62M358|9575|12306|6302259|6537129|
|Net gains/(losses)|on||||||||
|investments|||14|866 095|215 1161|162481|743676|~238 51D|
|Net movement<br>in|funds|||861,078|256,345|162,481|1,279,904|744,904|
|Reconciliation of|Funds||||||||
||||22.||||||
|Total funds brought||forward|23,24|12~51862|889186|639946|14080994|13336090|
|Totalfunds carried||forward|25|13412940|1,145,~31|902+27|15,660,698|14,DBD,994|





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|||||2021|||2020||
|---|---|---|---|---|---|---|---|---|
||||Note|||||E|
|Fixed assets:|||||||||
|Tangible assets|||13||11,059,017|||11,426,120|
|Investments|||14||3610626|||2 843499|
||||||14,669,643|||14,269,575|
|Current assets:|||||||||
|Stocks|||16|10,520|||13,666||
|Debtors|||17|135,510|||1,379,035||
|Cash at bank and in hand|||18|3 134892|||3407418||
|||||3,280,422|||4,800,119||
|Liabilities:|||||||||
|Creditors: Amounts|falling due||||||||
|within one year|||19|(1,406,392)|||(2,961,552)||
|Net current assets||||||1,874,030||1,838,567|
|Total assets less current||liabilities|||16,543,673|||16,108,142|
|Creditors: Amounts|falling due||||||||
|after more than one year|||20||(1,217,979)|||(2,084,048)|
|Total net assets|||25||1302~ 694|||14,024,094|
|The funds ofthe group:|||||||||
|Endowment<br>funds|||22|||802,427||639,946|
|Restricted income funds|||23|||1,145,531||889,186|
|Unrestricted<br>funds|||24||13877786|||12494 ~62|
|Total charity funds|||25||1|25694||14,024,094|





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||||2021|||2020||
|---|---|---|---|---|---|---|---|
|||Note|E|||||
|Fixed assets:||||||||
|Tangible assets||13||11,059,017|||11,426,120|
|Investments||14||3|611622||2844 456|
|||||14,670,644|||14,270,576|
|Current assets:||||||||
|Debtors||17|193,144|||1,434,350||
|Cash at bank and in|hand|18|0106224|||3399548||
||||3,299,368|||4,833,898||
|Liabilities:||||||||
|Creditors: Amounts|falling due|||||||
|within one year||19|(1,391,135)|||(2,939,432)||
|Net current assets||||1,908,233|||1,894,466|
|Total assets less current liabilities||||16,578,877|||16,165,042|
|Creditors: Amounts|falling due|||||||
|after more than one year||20||(1,217,979)|||(2,0&4,048)|
|Total net assets||25||15|560898||14,080,994|
|The funds ofthe chadity:||||||||
|Endowment<br>funds||22|||802,427||639,946|
|Restricted income funds||23||1,145,531|||889,1876|
|Unrestricted<br>funds||24||~23|12940||12551862|
|Total charity funds||25||15|060098||14,080,994|



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||||Note|2021f|2020<br>f|
|---|---|---|---|---|---|
|Net cash provided<br>by operating<br>activities|||31|755951|1169436|
|Cash flows frominvesting<br>activitiesi||||||
|Dividends,<br>interest and rents from investments|||6|57,255|71,269|
|Purchase of property<br>plant and equipment|||13|(176,865)|(193,793)|
|Proceeds from sale of investments<br>Purchase ofinvestments|||14|354,338<br>~877833|753,658<br>~817166|
|Net cash used in investing<br>activities||||143105|185972|
|Cash flows from financing activities:||||||
|Repayments<br>ofborrowing||||885872|96370|
|Net cash used in financing activities||||885872|96370|
|Change<br>in cash and cash equivalents|in the reporting|period||(273,026)|887,094|
|Cash and cash equivalents<br>at the beginning ofthe reporting||||||
|period||||3,407,418|2,520,324|
|Cash and cash equivalents<br>at the end|ofthe reporting|period|31|3 154392|3,407,418|





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||Additions<br>from|Additions<br>up to|
|---|---|---|
||1September 2000|31August 2000|
|Freehold<br>land and buildings|Over 15-30years|Over 50years|
|Furniture<br>and equipment|Over 1-10years|Over 5-20years|
|Motor vehicles|Over 5years|Over 5years|
|Other leased assets|Over the term ofthe lease|Over the term ofthe lease|
|All weather<br>pitch|Over 10-50years||



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|||Unrestricted|Unrestricted|Unrestricted|Restricted|Endowment|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|2021|2020|
|Group and|College|||||||||
|Donations|and giRs|||6,115|34,405|||40,520|73,192|
|Legacies|||||||||66916|
|||||6115|34,405|||40,520|140,102|
|NCOME FROM CHARITABLE ACTIVITIES||||||||||
|||Unrestricted|||Restricted|Endowment||Total|Total|
|||||funds|funds||funds|2021|2020|
|Group and|College|||||||||
|Fees and other fees||||||||||
|receivable|||6,391,782|||||6,391,782|6,633,278|
|Grant income|||210,077|||||210,077|302,053|
|School trip|income||10,985|||||10,985|150,303|
|Registration|fees||1$,718|||||1$,718|10,552|
|Examination<br>fees||||4,389||||4,389||
|Insurance commissions||||2 584||||2 584|3833|
||||6,638,535|||||6,638,535|7,100,039|
|Fees receivable:||||||||||
|||||||||2021f|2020<br>f|
|Gross fees||||||||8,059,464|8,323,101|
|Less:total|scholarships,|bursaries|and|remissions||||(1,671,281)|(1,693,501)|
|Add back:|scholarships,|prizes, etc. paid for by restricted funds,||||||||
|scholarships<br>paid for by outside trusts||||||||3599|3 678|
|||||||||~692 782|6.633.278|
|The total scholarships,||prizes, etc. paid for by trust funds consist|||||of:|||
|||||||||2021f|2020f|
|Scholarships, etc.||||||||3,549|3,678|
|Prizes||||||||50||
|||||||||3 99|3,678|



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|Gross fees receivable<br>may be analysed<br>by the follow|ing:||
|---|---|---|
||2021|2020|
||f|f|
|Boarders|4,566,329|4,647,200|
|Flexible boarders||949,203|
|Day pupils|3,345,688|2,599,253|
|Music and drama tuition|50,112|65,468|
|EAL income|19,454|21,700|
|Other fee income|30,870|26,377|
|Pupil hosting scheme|43D11|1390D|
||8039404|8,313,1D1|



||2021|2020|
|---|---|---|
||No|No|
|Boarders|165|166|
|Flexible boarders||44|
|Day pupils|203|174|
||368|384|



## 

|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2021|2020|
|Group||f|f|f|f|f|
|Rent||17,606|||17,606|14,095|
|Wayleave||94|||94|94|
|Minibus income||71,510|||71,510|70,698|
|Milk subsidy||471|||471|960|
|||89681|||89,681|85,847|
|College|||||||
|Malaysian|project|||||12,000|
|Rent||17,606|||17,606|14,095|
|Wayleave||94|||94|94|
|Minibus income||71,510|||71,510|70,698|
|Milk subsidy||471|||471|960|
|||89681|||89,681|97,847|





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|INCOME|FROM INVESTMENTS||||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restdcted|Endowment|Total|Total|
|||funds|funds|funds|2021|2020|
|Group and College||E||E|E|E|
|Interest|income|536|||536|6,272|
|Dividend|income|27998|16415|12996|56719|64997|
|||28 ~84|16+15|12,306|57,255|71,269|



|INCOME FROM OTHER|SOURCES||||||
|---|---|---|---|---|---|---|
||Unrestricted||Restricted|Endowment|Total|Total|
||funds||funds|funds|2021|2020|
|Group and College||E|E|E|E|E|
|Sundry income|~22|76|||12475|11286|
||12,476||||12,476|11,286|





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|EXPENDITURE|ON CHA|RITABLE ACTIVITIES|||||
|---|---|---|---|---|---|---|
||||||Total|Total|
|Group||Staff costs|Other<br>f|Depreciationf|2021<br>f|2020<br>f|
|Teaching costs||2,363,206|468,806|53,107|2,885,119|3,234,308|
|School trip expenditure|||3,295||3,295|156,796|
|Welfare||242,569|552,504|11,455|806,528|656,882|
|Premises||581,983|745,974|456,100|1,784,057|2,227,255|
|Admin||495,871|277,155|20,826|793,852|252,092|
|Financing and|other costs||57,405||57,405|69,458|
|Governance<br>costs|||22 900||22 900|11011|
|||3,683,629|2,128,069|541,488|6,353,186|6,613,802|
||||||2021|2020|
|Other expenditure<br>consists of:||||||f|
|Group|||||||
|Advertising,<br>marketing||and publicity|||121,621|113,711|
|Audit and accountancy||fees|||15,660|16,254|
|Bank interest,|charges|and fees|||81,991|93,627|
|Catering costs|||||184,912|168,556|
|Cleaning<br>and laundry|||||9,902|11,623|
|Commissions|paid||||67,659|85,857|
|Equipment<br>hire|||||879|1,131|
|Staff expenses|and travel||||6,798|2,204|
|Functions|||||12,724|18,801|
|House supplies|||||12,658|11,751|
|Insura nce|||||56,718|56,782|
|ITcosts|||||86,233|128,581|
|Leadership||||||3,220|
|Legal and professional||fees|||59,304|139,415|
|Printing, postage and||stationery|||26,966|31,232|
|Prizes|||||2,575|2,627|
|Productions|||||11,788|9,859|
|Recruitment|||||27,463|15,322|
|Rent, rates, water and||utilities|||325,101|280,751|
|Repairs and maintenance|||||662,953|522,395|
|School travel|||||30,990|63,863|
|Subscriptions|||||21,589|19,874|
|School trip expenditure|||||3,295|156,796|
|Teaching and|sports supplies||||139,804|121,597|
|Telephone|||||27,460|25,869|
|Training|||||14,501|24,036|
|Transport|||||114,045|43,986|
|Loss on disposal offixed assets|||||2 400||
||||||2,128,069|2,169,720|





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|EXPENDITURE ON CHA|RITABLE ACTIVITIES (c|ontinued)||||
|---|---|---|---|---|---|
|||||Total||
|College|Staffcosts<br>f|Other<br>f|Depreciation<br>f|2021|2020<br>f|
|Teaching costs|2,363,206|468,806|53,107|2,885,119|3,234,308|
|School trip expenditure||3,295||3,295|156,796|
|Welfare|242,569|552,504|11,455|806,528|656,881|
|Premises|581,983|745,974|456,100|1,784,0S7|2,150,583|
|Admin|444,924|277,155|20,826|742,905|252,092|
|Financing<br>and other costs||57,405||57,405|69,458|
|Governance<br>costs||22 900||22930|17011|
||3,632,682|2,128,069|541,488|6,302,239|6,537,129|
|||||2021|2020|
|Other expenditure<br>consists of:||||f|f|
|College||||||
|Advertising,<br>marketing|and publicity|||121,621|113,711|
|Audit and accountancy|fees|||15,660|16,254|
|Bank interest, charges|and fees|||81,991|93,627|
|Catering costs||||184,912|168,556|
|Cleaning<br>and laundry||||9,902|11,623|
|Commissions<br>paid||||67,659|85,857|
|Equipment<br>hire||||879|1.131|
|Staff expenses and travel||||6,798|2,204|
|Functions||||12,724|18,801|
|House supplies||||12,658|11,751|
|Insurance||||56,718|56,782|
|ITcosts||||86,233|128,581|
|Leadership|||||3,220|
|Legal and professional|fees|||59,304|139,415|
|Printing,<br>postage and|stationery|||26,966|31,232|
|Prizes||||2,575|2,627|
|Productions||||11,788|9,859|
|Recruitment||||27,463|15,322|
|Rent, rates, water and|utilities|||325,101|280,751|
|Repairs and maintenance||||662,953|522,395|
|School travel||||30,990|63,863|
|School tdp expenditure||||3,295|156,796|
|Subscriptions||||21,589|19,874|
|Teaching and sports supplies||||139,804|121,597|
|Telephone||||27,460|25,869|
|Training||||14,501|24,036|
|Transport<br>Loss on disposal offixed assets||||114,045<br>~000|43,986|
|||||2,128,069|2,169,720|





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|9.|AUDITORS|REMUNERATION|REMUNERATION||||
|---|---|---|---|---|---|---|
||Fees for examination<br>of||the|accounts:|||
||||||Total|Total|
||Group||||2021f|2020<br>f|
||Auditors fees<br>Other fees||||15,660<br>~010|15,345<br>4,259|
||College||||||
||Auditors fees<br>Other fees||||12,250<br>~010|11,995<br>4,259|
|10.|GOVERNANCE<br>COSTS||||||
||Governance|costs incurred||during the year relate to:|||
||||||2021|2020|
||Group||||E|f|
||Legal and|professional|fees||7,270|757|
||Audit and|accountancy|fees||19,070|19,604|
||College||||||
||l.egal and|professional|fees||7,270|757|
||Audit and|accountancy|fees||15,660|16,254|





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||2021|2020|
|---|---|---|
|Group and College|E|f|
|Wages and salaries|2,880,994|3,071,450|
|Social security costs|263,710|268,198|
|Pension costs - teaching|393,393|416,970|
|Pension costs —non-teaching|143332|146189|
||3 683629|3,962,887|



|2021|2020|
|---|---|
|No|No|





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||Total|Total|
|---|---|---|
||2021|2020|
||No|No|
|Teaching|49|57|
|Support|34|34|
|Estate|20|19|
|Domestics|24|24|
||127|134|





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||||O<br>UJX<br>IU<br>IU<br>ID<br>IDz<br>I-<br>QC||||Ql000<br>0<br>CJ<br>C<br>IO0.<br>0<br>U|CI<br>NI<br>OlJJ<br>E S<br>Ql<br>C<br>QI,Q<br>lh 'v||In<br>IO<br>0I. <br>O|NON<br>5<br>00<br> m<br>cC|ON<br>i0<br>C a<br>o E<br>IU<br>Ql<br>w<br>DIA 0<br>Cl. M<br>CL<br>Ql v.S<br>OcCO||~<br>IO <br>Ql<br>~<br>0<br>c<br>Ql<br>CJ|fc<br>O<br> N<br>IPI<br>0<br>00<br>lfl<br>c™C|v0Z|CtN<br>500<br>~C|Clfc<br>CI<br>0<br>00<br>cC<br>fc<br>m|a<br>Ql<br>10<br>C<br>IPIFS <br>C|OJ<br>IPI<br>IO<br> c<br> 0<br>8<br>00|
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||||||||||||||||||||IU<br>I—|C<br> 0|





## 

## 

## 

|FIXEDASSET INVESTMENTS||||
|---|---|---|---|
|||2021|2020|
|Group|||E|
|Carrying<br>(fair) value at beginning<br>of period||2,843,455|2,918,518|
|Add: additions to investments<br>during|period|377,833|817,106|
|Less: disposals at carrying value||(401,152)|(741,057)|
|Add/ (deduct): net gain/ (loss) on revaluation||743,676|(138,510)|
|Dealing account||46,814|(12,602)|
|Carrying<br>(fair) value at end ofyear||3,610,626|2,843,455|
|College||||
|Carrying<br>(fair) value at beginning<br>of period||2,&44,456|2,919,519|
|Add: additions to investments<br>during|period|377,833|817,106|
|Less: disposals at carrying value||(401,152)|(741,057)|
|Add/ (deduct): net gain/ (loss) on revaluation||743,676|(138,510)|
|Dealing account||46,815|(12,602)|
|Carrying<br>(fair) value at end ofyear||3,611,627|2,844,456|



|Analysis ofinvestments|Analysis ofinvestments|Analysis ofinvestments||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||2021||||2020||
|||||Fair||||Fair||
|||||value|Book|cost|value||Bookcost|
|||||E||E||f|f|
|Cash or cash|equivalents|||111,112|111,112||64,297||64,297|
|Listed investments||||3,499,514|2,465,425||2,779,158||2,438,727|
|Investment|in|trading subsidiaries||1,001|1,001||1,001||1,001|
|||||3,611,627|2,577,538||2,844,455||2,504,025|
|The investment||porffolio|is split between|unrestricted,|restricted|and|endowment|funds.|The ratios|
|ofthe portfolio||can be seen below:||||||||
||||||||2021||2020|
||||||||||'Yo|
|Unrestricted||||||||49|49|
|Endowment||||||||22|22|
|Restricted||||||||29|29|
||||||||||100|





## 

## 

## 

## 

|||||2021f|2020<br>f|
|---|---|---|---|---|---|
|Profit and Loss Account||||||
|Turnover||||1127687|21,148|
|Recharges to Christ College Brecon||||2,171|10,303|
|Expenditure<br>Recharges from|Christ College Brecon|||(47,166)<br>~66227|(3,762)<br>~56514|
|Profit for year||||14575|(28,825)|
|Statement ofChanges||in Equity||||
|Balance brought|forward|||(25,253)|3,572|
|Profit and total|comprehensive||income forthe period|14,575|(28,825)|
|Distributions<br>to|parent|charity under gift aid||||
|Balance carffied|forward|||~10678|525.2533|
|Balance Sheet||||||
|Current assets<br>Current<br>liabilities||||42,365<br>~53645|19,563<br>~44816|
|Capital and reserves||||(10,678)|(25,253)|





## 

## 

## 

|||2021|2020|
|---|---|---|---|
|||6|E|
|Profit and Loss Account||||
|Turnover||163,043|163,043|
|Expenditure||(155,921)|(151,229)|
|Recharges to Christ College Brecon<br>Management<br>charge from Christ College Brecon|||(30,460)<br>~22 000|
|(Loss)/profit for year||7 123|(30,646)|
|Statement ofChanges<br>in Equity||||
|Balance brought forward||(30,645)|1|
|Profit and total comprehensive|income forthe period|7,123|(30,646)|
|Distributions<br>to parent charity under gift aid<br>Balance carried forward||~25 522|i30,6451|
|Balance Sheet||||
|Fixed and current assets<br>Current<br>liabilities||750<br>~24 272|2,940<br>~33 535|
|Capital and reserves||(23,522)|(30,645)|





||||CHRIST COLLEGE BRECON|CHRIST COLLEGE BRECON||||
|---|---|---|---|---|---|---|---|
|||NOTES|TOTHE CONSOLIDATED<br>FINANCIAL||STATEMENTS|||
||||FOR THE YEAR ENDED 31AUGUST 2021|||||
|16.|STOCKS|||||||
||Group|||||2021f|2020<br>f|
||Goods for resale:|||||||
||Opening<br>balance|||||13,666|18,684|
||Added<br>in pedod<br>Expensed<br>in period|||||4,576<br>~7722|3,859<br>~8877|
||Closing balance|||||10,520|13,666|
|17.|DEBTORS|||||||
|||||Group||College||
|||||2021|2020|2021|2020|
|||||f|f|f|f|
||Trade debtors|||6,937|1,199,998|3,166|1,208,931|
||Prepayments|and accrued income||127,920|179,037|127,920|169,980|
||VATdebtor|||653||||
||Balances due|from group||||||
||undertakings|||||62058|55439|
|||||135,510|1,379,035|193,144|1,434,350|
|18.|CASH AT BANK AND IN||HAND|||||
|||||Group||College||
|||||2021|2020|2021|2020|
|||||f|f||f|
||Short term deposits|||1,009,010|608,616|1,009,010|608,616|
||Cash at bank|and on hand||2 125 302|2 798802|2097214|2 79D 932|
|||||3134092|3,407,418|~,1D6,224|3,399,548|
|19.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||Group||College||
|||||2021f|2020f|2021<br>f|2020<br>f|
||Bank loans|||44,509|72,128|44,509|72,128|
||Trade creditors|||169,854|158,377|158,107|147,823|
||Accruals and|deferred|income|987,702|2,531,943|984,192|2,528,593|
||Taxation and|social security||65,885|65,314|65,885|65,314|
||Other creditors|||130442|133790|138442|125574|
|||||1,406,392|2,961,552|1,391,135|2,939,432|





## 

|||Group and|College|
|---|---|---|---|
|||2021|2020|
|||f|f|
|Bankloans||1,086,206|1,922,466|
|Deferred|income|121,152|135,524|
|Other creditors||1D622|26 D38|
|||1,217,979|2,084,048|



## 

## 

|G~GD<br>II|G~GD<br>II|||2021f|2020<br>f|
|---|---|---|---|---|---|
|Balance|at the start ofthe reporting|period||2,607,325|2,898,900|
|Amounts|added<br>in current period|||6,459,930|8,031,526|
|Amounts|released to income from|previous|periods|~8638464|j88323IDI|
|Balance|at the end ofthe reporting|period||1,007,791|2,607,325|





## 

## 

## 

## 

|||Advance|fees|Final term|deposits|Michaelmas|term fees|
|---|---|---|---|---|---|---|---|
|||2021|2020|2021|2020|2021|2020|
|0~hi|00||E|E|E|E|E|
|Within <br>Within|1year<br> 2-5 years|136,450<br>~7000|203,986<br>24000|83,538<br>~114152|57,791<br>111524|666,651|2,210,024|
|||143,450|227,986|197,690|169,315|666,651|2,210,024|



## 

|he amount|repayable on the bank loan is as follows:|||
|---|---|---|---|
|||2021|2020|
|||E|E|
|Repayable|within one year|44,509|72,128|
|Repayable|between two and five years|178,036|383,230|
|Repayable|in more than five years|900170|1539230|
|||1130715|1994594|





## 

## 

## 

|The net book value offixed assets held under hire purchase<br>f33,029(2020:f47,043).|The net book value offixed assets held under hire purchase<br>f33,029(2020:f47,043).|contracts during the year tota|lled|
|---|---|---|---|
|Net obligations<br>payable:||||
|||2021f|2020<br>f|
|Repayable|within one year|12,937|19,493|
|Repayable|between two and five years|10621|26056|
|||23,558|45,551|





## 

## 

## 



|||At 1|||||At|
|---|---|---|---|---|---|---|---|
|||September||||Gains and|31August|
|Group and|College|2020<br>f|Income|Expendituref|Transfers|losses|2021f|
|Black Cat||51,334|987|(987)||13,034|64,368|
|OBA award||195,653|3,762|(3,762)||49,676|245,329|
|Dr Herdman|fund|206,986|3,980|(3,980)||52,553|259,539|
|Edward<br>Edwards||46,198|888|(888)||11,730|57,928|
|Sundry||110,784|2.132|(2,132)||28,127|138,911|
|The Friends ofChrist<br>College Fund||28991|~57|~557||7861|96552|
|||639,946|12,306|(12,306)||162,481|802,427|



|||At 1|||||At|
|---|---|---|---|---|---|---|---|
|||September||||Gains and|31August|
|Group and|College|2019<br>f|Income<br>f|Expenditure<br>E|Transfers|losses<br>f|2020<br>f|
|Black Cat||53,446|1,130|(1,130)||(2,112)|51,334|
|OBA award||203,701|4,307|(4,307)||(8,048)|195,653|
|Dr Herdman|fund|215,499|4,557|(4,557)||(8,513)|206,986|
|Edward Edwards||48,098|1,017|(1,017)||(1,900)|46,198|
|Sundry||115,341|2,439|(2,439)||(4,557)|110,784|
|The Friends|ofChrist|||||||
|College Fund|||30822|638||1193|28 991|
|||636,085|44,272|(14,088)||(26,323)|639,946|





## 

## 

||At 1|||||At|
|---|---|---|---|---|---|---|
||September||||Gains and|31August|
||2020|Income|Expenditure|Transfers|losses|2021|
|Group and College|E|E|||E|E|
|Scholarship<br>funds|143,281|2,585|(2,585)||34,285|177,566|
|Prize funds|50,126|1,106|(1,106)||14,473|64,599|
|Foundation<br>-general|142,663|26,982|4,263||34,137|208,045|
|Sir Barrie and Lady|||||||
|Stephens<br>scholarship|||||||
|fund|277,474|5,005|(5,005)||66,395|343,869|
|Chapel repair fund|613|||||613|
|Peter Lloyd bequest|198,119|3,574|(3,574)||47,407|245,526|
|Powell Donation|19,105|345|(345)||4,571|23,676|
|Kelvin Bryan bursary<br>Pavilion Project|57,805|1,043<br>10180|(1,043)<br>~1M||13,832|71,637<br>10ODtt|
||889,186|50,820|(9,575)||215,100|1,145,531|





## 

## 

||At 1|||||At|
|---|---|---|---|---|---|---|
||September||||Gains and|31August|
|Group and College|2019f|Income<br>f|Expenditure<br>f|Transfers<br>f|losses<br>f|2020<br>f|
|Scholarship funds|149,996|3,047|(3,047)||(6,715)|143,281|
|Prize funds|52,922|1,269|(1,269)||(2,796)|50,126|
|Foundation<br>-general|135,418|103,465|(90,158)||(6,062)|142,663|
|Sir Barrie and Lady|||||||
|Stephens scholarship|||||||
|fund|290,477|5,901|(5,901)||(13,003)|277,474|
|Chapel repair fund|613|||||613|
|Peter Lloyd bequest|207,403|4,213|(4,213)||(9,284)|198,119|
|Powell Donation<br>Kelvin Bryan bursary|20,000<br>60514|406<br>1229|(406)<br>~1225||(895)<br>~2709|19,105<br>52 555|
||917,343|119,530|(106,223)||(41,464)|889,186|





## 

## 

||At 1|||||At|
|---|---|---|---|---|---|---|
||September||||Gains and|31August|
|Group|2020<br>E|Income<br>E|Expenditure<br>E|Transfers<br>f|losses<br>f|2021<br>f|
|Foundation|1,570,252||||366,095|1,936,347|
|Generalfunds|1D924 71D|7051071|J66534 302|||11441589|
||12,494,962|7,051,071|(6,534,392)||366,095|13,377,736|
|College|||||||
|Foundation|1,570,252||||366,095|1,936,347|
|General funds|10981610|6 775 541|23628D 858|||11476 ~90|
||12,551,862|6.775,341|(6,260,3587||366,095|13,412,940|



||At 1|||||At|
|---|---|---|---|---|---|---|
||September||||Gains and|31August|
||2019|Income|Expenditure|Transfers|losses|2020|
|Group|f|f|E|E|E|E|
|Foundation|1,640,975||||(70,723)|1,570,252|
|General funds|10 14426D|7428932|~6648 482|||~20 92471|
||11,785,235|7,428,932|(6,648,482)||(70723)|12494962|
|College|||||||
|Foundation<br>General funds|1,640,975<br>~20 14 687|~8 741|~6426 818||(70,723)|1,570,252<br>1tt2902 10|
||11,782,662|7,256,741|(6,416,818)||(70,723)|12,551,862|





## 

## 

|NALYSIS OF NET ASSE|TSBETWEEN FU|NDS||||
|---|---|---|---|---|---|
||||Net current|Long term||
||Fixed assets|Investments|assets|liabilities|Total|
|Group|f||f||f|
|Endowment<br>funds||802,427|||802,427|
|Restricted funds||1,144,918|613||1,145,531|
|Unrestricted funds:||||||
|General funds|11059017|1660201|1073417|~2217979|13377736|
||11,059,017|3,610,626|1,874,030|(1,217,979)|15,325,694|
|College||||||
|Endowment<br>funds||802,427|||802,427|
|Restricted funds||1,144,918|613||1,145,531|
|Unrestricted funds:||||||
|General funds|11059017|1664202|1907620|~2227979|1341294D|
||11,059,017|3,611,627|1,908,233|(1,217,979)|15,360,898|
||||Net current|Long term||
||Fixed assets|Investments|assets|liabilities|Total|
|Group|f|f|f|f|f|
|Endowment<br>funds||639,946|||639,946|
|Restricted funds||888,573|613||889,186|
|Unrestricted funds:||||||
|General funds|11426 12D|1314936|1837954|~2004 048|12494 962|
||11,426,120|2,843,455|1,838,567|(2,084,048)|14,024,094|
|College||||||
|Endowment<br>funds||639,946|||639,946|
|Restricted funds||888,573|613||889,186|
|Unrestricted funds:<br>General funds|11426120|M323SLP|~23 053|~2004 D48|12551862|
||11,426,120|2,844,456|1,894,466|(2,084,048)|14,080,994|





## 

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## 

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## 

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## 

## 

## 

## 

||||||||||
|---|---|---|---|---|---|---|---|---|
|1.|RECONCIUATION<br>OF||NET INCOME/(EXPENDITURE)||TO NET|CASH FLOW FROM OPERATING|||
||ACTIVITIES||||||||
||||||||2021|2020|
||Group||||||f|f|
||Net income forthe|reporting<br>period|||||1,301,600|685,431|
||Adjustments<br>for:||||||||
||Depreciation<br>charges||||||541,488|541,275|
||(Gains)/losses<br>on investments||||||(743,676)|138,510|
||Dividends,<br>interest|and rents from investments|||||(57,255)|(71,269)|
||Loss/(profit)<br>on the|sale offixed assets|||||2,480||
||(Increase)/decrease||in stocks||||3,146|5,018|
||Increase<br>in debtors||||||1,243,525|168,590|
||Increase/(decrease)||in creditors||||~2 ~35357|~298 119|
||Net cash provided|by operating<br>activities|||||7559~1|1,169,436|
||Analysis ofcash and||cash equivalents||||||
||Cash in hand||||||2,125,382|2,798,802|
||Notice deposits (less||than 3 months)||||1 DDD D1D|608616|
||Total Cash and Cash||Equivalents||||3,134,392|3,407,418|
|Anal<br>sisofchan<br>esinnetdebt|||||||||
||||||||Other|Balance|
||||Opening|||Interest|non-cash|carried|
||||balancef|Cash-flows<br>f.||changes<br>f|changes<br>f|forward<br>f|
|Cash|||2,798,802|(673,420)||||2,125,382|
|Cash equivalents|||608616|~400|394|||1009010|
||||3,407,418|(273,022)||||3,134,392|
|Bank loans falling due within<br>one year|||(72,128)||||27,619|(44,509)|
|Bank loans falling due after<br>more than one year<br>Finance lease obligations|||(1,922,466)<br>~45 551|781,888<br>21993||81,991|(27,619)|(1,086,206)<br>~25 558|
|Total|||1,367,273|530,855||81,991||1,980,119|





## 

## 

||||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|
|Garou|||funds|funds|funds|2020|
||||f|f|f|f|
|Income and endowments|from:||||||
|Donations<br>and legacies|||9,204|100,714|30,184|140,102|
|Charitable<br>activities|||7,100,039|||7,100,039|
|Other trading activities|||85,847|||85,847|
|Christ College Holiday Activities||Limited|21,148|||21,148|
|1541Limited|||163,043|||163,043|
|Investments|||38,365|18,816|14,088|71,269|
|Other income|||11286|||11286|
|Total income and endowments|||7 428 932|11953D|44272|7 592 734|
|Expenditure<br>on:|||||||
|Charitable<br>activities|||6,493,491|106,223|14,088|6,613,802|
|Christ College Holiday Activities||Limited|3,762|||3,762|
|1541Limited|||151229|||151229|
|Total expenditure|||6648482|196223|14D88|6 768 793|
|Net (losses)/gains<br>oninvestments|||70723|41464|26323|138510|
|Net movement<br>infunds|||709,727|(28,157)|3,861|685,431|
|Reconciliation<br>ofFunds|||||||
|Total funds brought<br>forward|||11785 235|917343|636 985|13338663|
|Totalfunds carried forwani|||12494962|889,186|639,946|14,024,094|





## 

## 

## 

|||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|
|College||funds<br>f|funds<br>E|funds<br>f|2020<br>f|
|Income and endowments|from:|||||
|Donations<br>and legacies||9,204|100,714|30,184|140,102|
|Charitable<br>activities||7,100,039|||7,100,039|
|Other trading activities||97,847|||97,847|
|Investments||38,365|18,816|14,088|71,269|
|Other income||11,286|||11,286|
|Total income and endowments||7 256 741|119530|44272|7 420 543|
|Expenditure<br>on:||||||
|Charitable<br>activities||6416818|106223|14D88|6 537129|
|Total expenditure||6416818|106223|14D88|6537129|
|Net (losses)/gains<br>an<br>investments||~70723|~42 464|~26323|~238510|
|Net movementin<br>funds||769,200|(28,157)|3,861|744,904|
|Reconciliation of Funds||||||
|Total funds brought<br>forward||11782662|917343|636085|13336 D90|
|Totalfunds carried forward||12551862|889,186|639,946|14,080,994|



##