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2022-08-31-accounts

Contents
Report ofthe Governors
Report ofthe Independent Auditors
Statement of Financial Activities
Balance Sheet
Statement ofCash Flows
Notes to the Consolidated Financial Statements

Bankers Lloyds Bank pic Lloyds Bank pic
Beaumont Hourse
Phoenix Way
Swansea Enterprise Park
Swansea
SA7 9DL
Solicitors Redkite
48 Free Street
Brecon
LD3 7BN
Insurance brokers Creative
Risk Solutions
Pod 1
Capital Shopping Park
Leckwith Road
Cardiff
CF118EG
Auditors Azets Audit Services
Ty Derw
Lime Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8AB
Investment advisors

Unrestricted Restricted Endowment Total Total
Note funds
f		 funds
f		 funds
f		 2022
f		 2021
f
Income and endowments from:
Donations
and legacies
Charitable
activities
Other trading activities
Christ
College
Holiday		 Activities 21,628
7,384,809
121,744		 98,908 1,000 121,536
7,384,809
121,744		 40,520
6,638,535
89,681
Limited
1541Limited
Investments
Other income
Totalincome
and endowments		 15
15
6
7		 176,966
163,043
39,397
7,907,587		 21,070
119,978		 13,428
14,428		 176,966
163,043
73,895
8,041,993		 112,687
163,043
57,255
12,476
7,114,197
Expenditure
on:
Charitable
activities
Christ
College
Holiday		 Activities 7,104,783 27,341 14,428 7,146,552 6,353,186
Limited
1541Limited
Total expenditure		 15
15		 56,306
75,899
7,236,988		 27,341 14,428 56,306
75,899
7,278,757		 47,166
155,921
6,556,273
Net gains/(losses)
oninvestments
Net movementin
funds		 14 (167,070)
503,529		 (89,996)
2,641		 (59,673)
(59,673)		 (316,739)
446,497		 743,676
1,301,600
Reconciliation
ofFunds
22,
Total funds brought
forward
Totalfunds carried forward		 23,24
25		 13,377,736
13,881,265		 1,145,531
1,148,172		 802,427
742,754		 15,325,694
15,772,191		 14,024,094
15,325,694

Unrestricted Restricted Endowment Total Total
Note funds funds funds 2022 2021
f E f f f
Income and endowments
from:
Donations
and legacies		 21,628 98,908 1,000 121,536 40,520
Charitable
activities		 7,384,809 7,384,809 6,638,535
Other trading activities 121,744 121,744 89,681
Investments 134,825 21,070 13,428 169,323 57,255
Other income 12476
Totalincome and endowments 7,663,006 119,978 14,428 7,797,412 6,838,467
Expenditure
on:
Charitable
activities		 7,030,181 27,341 14,428 7,071,950 6,302,239
Total expenditure 7,030,181 27,341 14,428 7,071,950 6,302,239
Net gains!(losses) on
investments 14 (167,070) (89,996) (59,673) (316,739) 743,676
Net movement in funds 465,755 2,641 (59,673) 408,723 1,279,904
Reconciliation
of Funds
22
Total funds brought forward 23,24 13,412,940 1,145,531 802,427 15,360,898 14,080,994
Totalfunds carried forward 25 13,878,695 1,148,172 742,754 15,769,621 15,360,898

2022 2021
Note
Fixed assets:
Tangible assets
Investments		 13
14		 10,840,764
4,468,522		 11,059,017
3,610,626
15,309,286 14,669,643
Current assets:
Stocks 16 11,097 10,520
Debtors 17 132,182 135,510
Cash at bank and in hand 18 3,250,831 3,134,392
3,394,110 3,280,422
Liabilities:
Creditors: Amounts falling due
within one year 19 (1,826,169) (1,406,392)
Net current assets 1,567,941 1,874,030
Total assets less current liabilities 16,877,227 16,543,673
Creditors: Amounts falling due
after more than one year 20 (1,105,036) (1,217,979)
Total net assets 25 15,772,191 15,325,694
The funds ofthe group:
Endowment
funds
Restricted
income funds
Unrestricted
funds		 22
23
24		 742,754
1,148,172
13,881,265		 802,427
1,145,531
13,377,736
Total charity funds 25 15,772,191 15,325,694

2022 2021
Note
Fixed assets:
Tangible assets 13 10,840,764 11,059,017
Investments 14 4,469,523 3,611,627
15,310,287 14,670,644
Current assets:
Debtors 17 281,299 193,144
Cash at bank and in hand 18 3,050,800 3,106,224
3,332,099 3,299,368
Liabilities:
Creditors: Amounts falling due
within one year 19 (1,767,729) (1,391,135)
Net current assets 1,564,370 1,908,233
Total assets less current liabilities 16,874,657 16,578,877
Creditors: Amounts falling due
after more than one year 20 (1,105,036) (1,217,979)
Total net assets 25 15,769,621 15,360,898
The funds ofthe charity:
Endowment
funds		 22 742,754 802,427
Restricted
income funds		 23 1,148,172 1,145,531
Unrestricted
funds		 24 13,878,695 13,412,940
Total charity funds 25 15,769,621 15,360,898

Note 2022 2021
f f
Net cash provided
by operating
activities		 31 1,893,247 755,951
Cash flows from investing activitiesi
Dividends,
interest and rents from investments
Purchase of property
plant and equipment
Proceeds from sale of investments
Purchase of investments
Net cash used in investing
activities		 6
13
14		 73,745
(309,725)
870,617
(2,045,252)
(1,410,615)		 57,255
(176,865)
354,338
(377,833)
(143,105)
Cash flows from financing acti vi desi
Repayments
ofborrowing
Net cash used in financing		 activities (366,193)
(366,193)		 (885,872)
(885,872)
Change
in cash and cash equivalents		 in the reporting period 116,439 (273,026)
Cash and cash equivalents at the beginning ofthe reporting
period 3,134,396 3,407,418
Cash and cash equivalents at the end ofthe reporting period 31 3,250,835 3,134,392

Additions
from
1September 2000		 Additions
up to
31August 2000
Freehold
land and buildings		 Over 15-30years Over 50years
Furniture
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
pitch		 Over 10-50years

Unrestricted Restricted Endowment Total Total
funds funds funds 2022 2021
Group and College f E f
Donations and gifts 21,628 98,908 1,000 121,536 40,520
21,628 98,908 1,000 121,536 40,520
4. INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted Endowment Total Total
funds funds funds 2022 2021
Group and College
Fees and other fees
receivable 7,163,080 7,163,080 6,391,782
Grant income 210,077
School trip income 179,626 179,626 10,985
Registration fees 27,859 27,859 18,718
Examination fees 11,195 11,195 4,389
Insurance commissions 3,049 3,049 2,584
7,384,809 7,384,809 6,638,535

2022 2021
f f
Gross fees 8,904,306 8,059,464
Less: total scholarships, bursaries and remissions (1,741,250) (1,671,281)
Add back: scholarships, prizes, etc. paid for by restricted funds,
scholarships paid for by outside trusts 25 3,599
7,163,081 6,391,782
The total scholarships, prizes, etc. paid for by trust funds consist of:
2022 2021
f E
Scholarships, etc. 3,549
Prizes 25 50
25 3,599

Gross fees receivable
may b		 e analysed
by th		 e follow ing:
2022 2021
f f
Boarders 4,703,001 4,566,329
Flexible boarders 808,360
Dayboarders 147,527
Day pupils 3,072,878 3,345,688
Music and drama tuition 47,095 50,112
EAL income
Other fee income		 19,100
92,697		 19,454
30,870
Pupil hosting scheme 13,672 47,011
8,904,330 8,059,464
Pupil numbers
are calculated		 as the average number in each category over the school year:
2022 2021
No No
Boarders 153 165
Flexible boarders 32
Day pupils 185 203
370 368
INCOME FROM OTHER TRADING ACTIVITIES
Unrestricted Restricted Endowment Total Total
Group and College fundsf funds
f		 funds
f		 2022f 2021
f
Rent 15,250 15,250 17,606
Wayleave 94 94 94
Minibus
income		 106,400 106,400 71,510
Milk subsidy 471
121,744 121,744 89,681

INCOME FROM INVESTMEN TS
Unrestricted Restricted Endowment Total Total
funds funds funds 2022 2021
Group f f f f f
Interest income 150 150 536
Dividend income 39,247 21,070 13,428 73,745 56,719
39,397 21,070 13,428 73,895 57,255
Charity
Interest income 150 150 536
Dividend income 39,247 21,070 13,428 73,745 56,719
Gift aid from subsidiaries 95,428 95,428
134,825 21,070 13,428 169,323 57,255
INCOME FROM OTHER SOURCES
Unrestricted Restricted Endowment Total Total
Group and College funds
f		 funds
f		 funds
f		 2022f 2021
f
Sundry income 12,476
12,476
Total
College Staff costs
f		 Other
f		 Depreciation
f		 2022
f		 2021
f
Teaching costs 2,477,584 654,077 51,783 3,183,444 2,885,119
School trip expenditure 173,086 173,086 3,295
Welfare 251,429 721,221 11,169 983,819 806,528
Premises 606,619 744,650 444,721 1,795,990 1,784,057
Admin 468,552 328,113 20,307 816,972 742,905
Financing
and other costs		 48,056 48,056 57,405
Governance
costs		 70,583 70,583 22,930
3,804,184 2,739,786 527,980 7,071,950 6,302,239
Other expenditure
consists of:		 2022f 2021
f
College
Advertising,
marketing		 and publicity 118,028 121,621
Audit and accountancy fees 16,620 15,660
Bank interest, charges and fees 84,445 81,991
Catering costs 269,785 184,912
Cleaning
and laundry		 12,629 9,902
Commissions
paid		 78,289 67,659
Equipment
hire		 1,251 879
Staff expenses
and travel		 60,187 6,798
Functions 23,191 12,724
House supplies 12,344 12,658
Insurance 70,326 56,718
ITcosts 137,212 86,233
Legal and professional fees 124,869 59,304
Printing,
postage and stationery		 46,380 26,966
Prizes 3,554 2,575
Productions 11,452 11,788
Recruitment 25,589 27,463
Rent, rates, water and utilities 358,935 325,101
Repairs and maintenance 659,401 662,953
School travel 70,606 30,990
School trip expenditure 173,086 3,295
Subscriptions 21,493 21,589
Teaching and sports supplies 161,505 139,804
Telephone 28,397 27,460
Training 15,374 14,501
Transport 154,838 114,045
Loss on disposal offixed assets 2,480
2,739,786 2,128,069

Total Total
Group Staff costs
f		 Other
f		 Depreciation f 2022f 2021
f
Teaching costs 2,477,584 654,077 51,783 3,183,444 2,885,119
School trip expenditure 173,086 173,086 3,295
Welfare 251,429 721,221 11,169 983,819 806,528
Premises 606,619 744,650 444,721 1,795,990 1,784,057
Admin 543,153 328,114 20,307 891,574 793,852
Financing
and other costs		 48,056 48,056 57,405
Governance
costs		 70,583 70,583 22,930
3,878,785 2,739,787 527,980 7,146,552 6,353,186
2022 2021
Other expenditure
consists of:		 f
Group
Advertising,
marketing		 and publicity 118,028 121,621
Audit and accountancy fees 16,620 15,660
Bank interest, charges and fees 84,445 81,991
Catering costs 269,785 184,912
Cleaning
and laundry		 12,629 9,902
Commissions
paid		 78,289 67,659
Equipment
hire		 1,251 879
Staff expenses
and travel		 60,187 6,798
Functions 23,191 12,724
House supplies 12,344 12,658
Insurance 70,326 56,718
ITcosts 137,212 86,233
Lega I and professiona Ifees 124,869 59,304
Printing,
postage and		 stationery 46,380 26,966
Prizes 3,554 2,575
Productions 11,452 11,788
Recruitment 25,589 27,463
Rent, rates, water and utilities 358,935 325,101
Repairs and maintenance 659,401 662,953
School travel 70,606 30,990
Subscriptions 21,494 21,589
School trip expenditure 173,086 3,295
Teaching and sports supplies 161,505 139,804
Telephone 28,397 27,460
Training 15,374 14,501
Transport 154,838 114,045
Loss on disposal offixed assets 2,480
2,739,787 2,128,069

Fees for examination Fees for examination ofthe accounts: ofthe accounts: ofthe accounts:
Total Total
2022 2021
Group f f
Auditors fees
Other fees		 17,210
3,410		 15,660
3,410
College
Auditors fees 13,210 12,250
Other fees 3,410 3,410
10. GOVERNANCE COSTS
Governance
costs incurred		 during the year relate to:
2022 2021
Group f f
Legal and professional fees 49,963 7,270
Audit and accountancy fees 20,620 19,070
College
Lega I and professional fees 49,963 7,270
Audit and accountancy fees 16,620 15,660

2022 2021
Group and College E f
Wages and salaries 3,032,739 2,880,994
Socia I security costs 288,115 263,710
Pension costs - teaching 410,535 393,393
Pension costs —non-teaching 147,396 145,532
3,878,785 3,683,629
2022 2021
No No
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Total Total
2022 2021
No No
Teaching 49 49
Support 40 34
Estate 19 20
Domestics 23 24
131 127

FIXEDASSET INVESTMENTS
2022 2021
Group f f
Carrying
(fair) value at beginning		 of period 3,610,626 2,843,455
Add: additions to investments
during		 period 2,045,252 377,833
Less: disposals at carrying value
Add/(deduct):
net gain/(loss)
on		 revaluation (960,546)
{316,739)		 (401,152)
743,676
Dealing account 89,929 46,814
Carrying
(fair) value at end ofyear		 4,468,522 3,610,626
College
Carrying
(fair) value at beginning
ofperiod		 3,611,627 2,844,456
Add: additions to investments
during		 period 2,045,252 377,833
Less: disposals at carrying value
Add/ (deduct): net gain/ (loss) on		 revaluation (960,546)
(316,739)		 (401,152)
743,676
Dealing account 89,929 46,815
Carrying
(fair) value at end ofyear		 4,469,523 3,611,627

Analysis of investment s
2022 2021
Fair Fair
value Bookcost value Book cost
f f f f
Cash or cash equivalents 202,073 202,073 111,112 111,112
Listed investments 4,266,449 3,689,733 3,499,514 2,465,425
Investment in trading subsidiaries 1,001 1,001 1,001 1,001
4,469,523 3,892,807 3,611,627 2,577,538
ofthe portfolio can be seen below: ,


uns.		 e ratos
2022 2021
96
Unrestricted 55 49
Endowment 16 22
Restricted 29 29
100

2022 2021
E E
Profit and Loss Account
Turnover 176,966 112,687
Recharges to Christ College Brecon 3,049 2,171
Expenditure 3,254 (47,166)
Recharges from Christ College Brecon (49,899) (53,117)
Profit for year 133,370 14,575
Statement ofChanges in Equity
Balance brought forward (11,678) (25,253)
Profit and total comprehensive income for the period 133,370 14,575
Distributions
to parent		 charity under gift aid (59,560)
Balance carried forward 62,132 (10,678)
Balance Sheet
Current assets 170,962 42,365
Current
liabilities		 (167,390) (53,043)
Capital and reserves 3,572 (10,678)

2022 2021
f E
Profit and Loss Account
Turnover 163,043 163,043
Expenditure (40,030) (155,921)
Recharges to Christ College Brecon (27,751)
(Loss)/profit for year 95,262 7,123
Statement ofChanges in Equity
Balance brought
forward		 (23,522) (30,645)
Profit and total comprehensive income for the period 95,262 7,123
Distributions
to parent		 charity under gift aid (35,869)
Balance carried forward 35,871 (23,522)
Balance Sheet
Fixed and current assets 65,471 750
Current
liabilities		 (65,470) (24,272)
Capital and reserves (23,522)

16. STOCKS
Group 2022f 2021
f
Goods for resale:
Opening
balance		 10,520 13,666
Added
in period		 4,868 4,576
Expensed
in period		 (4,291) (7,722)
Closing balance 11,097 10,520
17. DEBTORS
Group College
2022 2021 2022 2021
f f f f
Trade debtors 11,144 6,937 (12,818) 3,166
Prepayments and accrued income 121,038 127,920 121,038 127,920
VAT debtor 653
Balances due from group
undertakings 173,079 62,058
132,182 135,510 281,299 193,144
18. CASH AT BANK AND IN HAND
Group College
2022 2021 2022 2021
f f f f
Short term deposits 1,009,010 1,009,010
Cash at bank and on hand 3,250,831 2,125,382 3,050,800 2,097,214
3,250,831 3,134,392 3,050,800 3,106,224
19. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group College
2022f 2021
f		 2022
f		 2021
f
Bank loans 30,720 44,509 30,720 44,509
Trade creditors 138,627 169,854 97,664 158,107
Accruals and deferred income 1,494,026 987,702 1,490,326 984,192
Taxation and social security 88,070 65,885 74,293 65,885
Other creditors 74,726 138,442 74,726 138,442
1,826,169 1,406,392 1,767,729 1,391,135

Group and College
2022 2021
f E
Bank loans 749,307 1,086,206
Deferred income 355,729 121,152
Other creditors 10,621
1,105,036 1,217,979

2022 2021
Grou and Colle e f f
Balance at the start ofthe reporting period 1,007,791 2,607,325
Amounts added
in current period		 9,506,366 6,459,930
Amounts released to income from previous periods (8,904,306) (8,059,464)
Balance at the end ofthe reporting period 1,609,851 1,007,791

Advance fees Final term deposits Michaelmas term fees
2022 2021 2022 2021 2022 2021
Chari
and Grou		 f f f f f f
Within 1year 296,776 136,450 69,702 83,538 887,644 666,651
Within 2-5 years 111,000 7,000 155,579 114,152
After 5years 89,150
407,776 143,450 314,431 197,690 887,644 666,651

he amount repayable
on the bank loan is as follows:
2022 2021
f f
Repayable within one year 30,720 44,509
Repayable between two and five years 122,880 178,036
Repayable in more than five years 626,427 908,170
780,027 1,130,715

2022 2021
f f
Repayable
Repayable		 within one year
between
two and five years		 8,053 12,937
10,621
8,053 23,558

2022f 2021
f
Due within one year 648 648
648 648
22. ENDOWED FUNDS
At 1 At
September Gains and 31August
2021 Income Expenditure Transfers losses 2022
Group and College f E E E E f
Black Cat 64,368 1,077 (1,077) (4,787) 59,581
OBA award 245,329 4,105 (4,105) (18,244) 227,085
Dr Herdman fund 259,539 4,343 (4,343) (19,301) 240,238
Edward Edwards 57,928 969 (969) (4,308) 53,620
Sundry 138,911 2,326 (2,326) (10,330) 128,581
The Friends ofChrist
College Fund 36,352 1,608 (1,608) (2,703) 33,649
802,427 14,428 (14,428) (59,673) 742,754
Previous
ea		 r
At 1 At
September Gains and 31August
Group and College 2020
f		 Income
E		 Expenditure
f		 Transfers
f		 losses
f		 2021
f
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
Edwards		 46,198 888 (888) 11,730 57,928
Sundry 110,784 2,132 (2,132) 28,127 138,911
The Friends ofChrist
College Fund 28,991 557 (557) 7,361 36,352
639,946 12,306 (12,306) 162,481 802,427

At 1 At
Group and College September
2021
f		 Income
E		 Expenditure
f		 Transfers
f		 Gains and
losses
f		 31August
2022
E
Scholarship
funds
Prize funds
Foundation
—general
Sir Barrie and Lady		 177,566
64,599
208,045		 3,286
1,080
70,257		 (3,286)
(1,080)
(7,620)		 (14,034)
(4,612)
(16,444)		 163,532
59,987
254,238
Stephens
scholarship
fund
Chapel repair fund		 343,869
613		 6,363 (6,363) (27,178) 316,691
613
Peter Lloyd bequest
Powell Donation
Kelvin Bryan bursary
Pavilion Project		 245,526
23,676
71,637
10,000		 4,543
438
1,326
32,685		 (4,543)
(438)
(1,326)
(2,685)		 (19,405)
(1,871)
(5,662)
(790)		 226,121
21,805
65,975
39,210
1,145,531 119,978 (27,341) (89,996) 1,148,172

Previous
eor
At 1 At
September Gains and 31August
Group and College 2020
f		 Income
f		 Expenditure
f		 Transfers
f		 lossesf 2021
f
Scholarship
funds		 143,281 2,585 (2,585) 34,285 177,566
Prize funds 50,126 1,106 (1,106) 14,473 64,599
Foundation
-general		 142,663 26,982 4,263 34,137 208,045
Sir Barrie and Lady
Stephens 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 57,805 1,043 (1,043) 13,832 71,637
Pavilion Project 10,180 (180) 10,000
889,186 50,820 (9,575) 215,100 1,145,531

At 1 At
September Gains and 31August
Group 2021
f		 Income
E		 Expenditure
E		 Transfers
E		 losses
E		 2022
E
Foundation 1,936,347 (167,070) 1,769,277
General funds 11,441,389 7,907,587 (7,236,988) 12,111,988
13,377,736 7,907,587 (7,236,988) (167,070) 13,881,265
College
Foundation 1,936,347 (167,070) 1,769,277
General funds 11,476,593 7,663,006 (7,030,181) 12,109,418
13,412,940 7,663,006 (7,030,181) (167,070) 13,878,695
Previous
eor
At 1 At
September Gains and 31August
Group 2020
f		 Income
f		 Expenditure
E		 Transfers
E		 losses
f		 2021
E
Foundation 1,570,252 366,095 1,936,347
General funds 10,924,710 7,051,071 (6,534,392) 11,441,389
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 10,981,610 6,775,341 (6,280,358) 11,476,593
12,551,862 6,775,341 (6,280,358) - 366,095 13,412,940

ANALYSIS OF NET ASS ETS BETWEEN FU NDS
Net current Long term
Fixed assets Investments assets liabilities Total
Group f f f f f
Endowment funds 742,754 742,754
Restricted
funds		 1,147,560 612 1,148,172
Unrestricted funds:
General
funds		 10,840,764 2,578,208 1,567,329 (1,105,036) 13,881,265
10,840,764 4,468,522 1,567,941 (1,105,036) 15,772,191
College
Endowment funds 742,754 742,754
Restricted funds 1,147,560 612 1,148,172
Unrestricted funds:
General funds 10,840,764 2,579,209 1,563,758 (1,105,036) 13,878,695
10,840,764 4,469,523 1,564,370 (1,105,036) 15,769,621
~Previous
eor
Net current Long term
Fixed assets Investments assets liabilities Total
Group f f f f f
Endowment funds 802,427 802,427
Restricted funds 1,144,918 613 1,145,531
Unrestricted funds:
Genera
I funds		 11,059,017 1,663,281 1,873,417 (1,217,979) 13,377,736
11,059,017 3,610,626 1,874,030 (1,217,979) 15,325,694
College
Endowment funds 802,427 802,427
Restricted
funds		 1,144,918 613 1,145,531
Unrestricted funds:
General funds 11,059,017 1,664,282 1,907,620 (1,217,979) 13,412,940
11,059,017 3,611,627 1,908,233 (1,217,979) 15,360,898

2022 2021
E f
Carrying amount offinancial assets
Instruments measured at fair value through profit or loss 4,468,522 3,610,626
4,468,522 3,610,626

RECONCILIATION
OF NET INCOME/(EXPENDITURE)		 TO NET CASH FLOW FROM OPERATING TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2022 2021
Group E f
Net income for the reporting
period		 446,497 1,301,600
Adjustments
for:
Depreciation
charges
(Gains)/losses
on investments
Dividends,
interest and rents from investments
Loss/(profit)
on the sale offixed assets
(Increase)/decrease
in stocks
Increase
in debtors
Increase/(decrease)
in creditors
Net cash provided
by operating
activities		 527,978
316,739
(73,745)
(577)
3,328
673,027
2,893,247		 541,488
(743,676)
(57,255)
2,480
3,146
1,243,525
(1,535,357)
755,951
Analysis ofcash and cash equivalents
Cash in hand
Notice deposits (less than 3months)
Total Cash and Cash Equivalents		 3,250,833
3,250,833		 2,125,382
1,009,010
3,134,392
Anal
sis ofchan es in net debt
Other Balance
Opening Interest non-cash carried
balance
f		 Cash-flows
f		 changes
E		 changes
E		 forward
E
Cash
Cash equivalents		 2,125,382
1,009,010		 1,125,447
(1,009,010)		 3,250,829
Bank loans falling due within 3,134,392 116,437 3,250,829
one year
Bank loans falling due after		 (44,509) 13,789 (30,720)
more than one year
Finance lease obligations
Total		 (1,086,206)
(23,558)
1,980,119		 266,243
15,505
398,185		 84,445
84,445		 (13,789) (749,307)
(8,053)
2,462,749
FOR THE YEAR ENDED 31AUG FOR THE YEAR ENDED 31AUG FOR THE YEAR ENDED 31AUG UST 2022
32. COMPARATIVE
STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Endowment Total
~Grou funds funds funds 2021
f E f f
Income and endowments from:
Donations
and legacies		 6,115 34,405 40,520
Charitable
activities		 6,638,535 6,638,535
Other trading activities 89,681 89,681
Christ
College
Holiday		 Activities
Limited 112,687 112,687
1541Limited 163,043 163,043
Investments 28,534 16,415 12,306 57,255
Other income 12,476 12,476
Total income and endowments 7,051,071 50,820 12,306 7,114,197
Expenditure
on:
Charitable
activities		 6,331,305 9,575 12,306 6,353,186
Christ
College
Holiday		 Activities
Limited 47,166 47,166
1541Limited 155,921 155,921
Total expenditure 6,534,392 9,575 12,306 6,556,273
Net gains/(losses)
on investments		 366,095 215,100 162,481 743,676
Net movementin
funds		 882,774 256,345 162,481 1,301,600
Reconciliation
of Funds
Total funds brought
forward		 12,494,962 889,186 639,946 14,024,094
Totalfunds carried forward 13,377,736 1,145,531 802,427 15,325,694

Unrestricted Restricted Endowment Total
funds
f		 funds
f		 funds
f		 2021
f
Income and endowments from:
Donations
and legacies
Charitable
activities
Other trading
activities
Investments
Other income		 6,115
6,638,535
89,681
28,534
12,476		 34,405
16,415		 12,306 40,520
6,638,535
89,681
57,255
12,476
Totalincome and endowments 6,775,341 50,820 12,306 6,838,467
Expenditure
on:
Charitable
activities
Total expenditure		 6,280,358
6,280,358		 9,575
9,575		 12,306
12,306		 6,302,239
6,302,239
Net gains/(losses)
on
investments 366,095 215,100 162,481 743,676
Net movementin
funds		 861,078 256,345 162,481 1,279,904
Reconciliation
of Funds
Total funds brought
forward
Totalfunds carried forward		 12,551,862
13,412,940		 889,186
1,145,531		 639,946
802,427		 14,080,994
15,360,898