## ## ## ## ## |Registered|&Principal|Office:|Malvern
College|Malvern
College|||| |---|---|---|---|---|---|---|---| ||||College Road||||| ||||Malvern||||| ||||Worcestershire||||| ||||WR14 3DF||||| |Auditors:|||Cooper Parry|Group Limited|||| ||||Park View||||| ||||One, Central|Boulevard|||| ||||Solihull||||| ||||B908BG||||| |Accountants:|||Kendall Wadley||LLP||| ||||Granta Lodge||||| ||||71 Graham
Road||||| ||||Malvern||||| ||||Worcestershire||||| ||||WR14 2JS||||| |Bankers:|||Lloyds Bank pic||||| ||||48 Belle Vue Terrace||||| ||||Malvern||||| ||||Worcestershire||||| ||||WR14 4QG||||| ||||CCLA Investment|||Management|Ltd| ||||Senator House||||| ||||85 Queen Victoria|||Street|| ||||London||||| ||||EC4V4ET||||| |Solicitors:|||RJV Owen||||| ||||Pinsent Masons||LLP||| ||||30 Crown Place||||| ||||Earl Street||||| ||||London||||| ||||EC2A 4ES||||| |Investment|advisors:||Sarasin
& Partners|||LLP|| ||||Juxon House,||||| ||||100St Paul's|Churchyard,|||| ||||London,||||| ||||EC4M 8BU||||| ## ## |||||Page| |---|---|---|---|---| |Trustees'|report|||1-8| |Statement|ofTrustees'|responsibilities||| |Independent
auditor's||report||10 - 12| |Statement|offinancial|activities||13 - 14| |Summary|income and|expenditure|account|15| |Balance sheet||||16| |Statement|ofcash flows|||17| |Notes to the accounts||||18-46| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Current financial year|Current financial year|Current financial year|Current financial year|Current financial year|||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Unrestricted|Restricted|Endowment|Total|Total| |||||||funds|funds|funds|funds||| |||||||general|designated||||| |||||||2020|2020|2020|2020|2020|2019| |~fgfn;
Donations
and||Notes
legacies
3||||6
277,036|f|517,016|6
125|6
794,177|6
890,661| |Other trading|activities||||4|1,371||||1,371|13,104| |Investments|||||5|109,298|87,018|44,014||240,330|195,662| |Total income|and||||||||||| |endowments||||||387,705|87,018|561,030|125|1,035,878|1,099,427| |Raising funds|||||6|13,068|14,308|5,883||33,259|4,220| |Charitable
activities|||||7|234,537||488,195||722,732|486,613| |Total resoul'ces|||||||||||| |expended||||||247,605|14,308|494,078||755 991|490 833| |Net gains on|||||||||||| |investments|||||12|37,717|38,902|22,384|3,055|102,058|250,091| |Net incoming||resources||||177,817|111,612|89,336|3,180|381,945|858,685| |Other recognised||||gains|and|losses|||||| |Revaluation
of||tangible|||||||||| |fixed assets|||||15|63,469||11,531||75,000|640,000| |Net movement|||In funds|||241,286|111,612|100,867|3,180|456,945|1,498,685| |Fund balances|||at 1||||||||| |August 2019||||||7,306,922|2,210,778|4,337,345|253,308|14,108,353|12,609,668| |Fund balances|||at|31|||||||| |July 2020||||||7,548,208|2,322,390|4,438,212|256,488|14,565,298|14,108,353| ## ## |Prior financial|year||||||||| |---|---|---|---|---|---|---|---|---|---| ||||||Unrestricted
Unrestricted||Restricted|Endowment|Total| ||||||funds|funds|funds|funds|| ||||||general|designated|||| ||||||2019|2019|2019|2019|2019| |||||Notes|f||||E| |IitgglittLItm.|||||||||| |Donations
and|legacies||||275,727||614,809|125|890,661| |Other trading
activities|||||13,104||||13,104| |Investments|||||90,650|53,836|51,176||195,662| |Total Income and endowments|||||379,481|53,836|665,985|125|1,099,427| |~Ex ~nl~lr|||||||||| |Raising funds||||||4,220|||4,220| |Charitable
activities||||7|378,948||107,665||486,613| |Total resources expended|||||378,948|4,220|107,665||490,833| |Net gains on investments||||12|59,722|108,086|69,759|12,524|250,091| |Net incoming|resources||before||||||| |transfers|||||60,255|157,702|628,079|12,649|858,685| |Gross transfers|between|funds||13|(20,322)|(59,075)|79,397||| |Net Income for the year/|||||||||| |Net incoming|resources||||39,933|98,627|707,476|12,649|858,685| |Other recognised
gains||and losses|||||||| |Revaluation
of|tangible
fixed||||||||| |assets||||15|541,601||98,399||640,000| |Net movement|In funds||||581,534|98,627|805,875|12,649|1,498,685| |Fund balances|at 1 August||2018||6,725,388|2,112,151|3,531,470|240,659|12,609,668| |Fund balances at 31July|||2019||7,306,922|2,210,778|4,337,345|253,308|14,108,353| ## ## ## ||||Att income funds|| |---|---|---|---|---| ||||2020|2019| |||||5| |Gross income|||1,038,965|1,099,302| |Gains on investments|||99,003|237,567| |Total income
in|the reporting|period|1,137,968|1,336,869| |Total expenditure|from income funds||759,203|490,833| |Net income for|the year||378,765|846,036| ## ## ## ||||||2020|2019| |---|---|---|---|---|---|---| |||||Notes|E|| |Fixed assets||||||| |Tangible assets||||14|5,501,300|5,426,300| |Investments||||16|5,778,041|5,424,149| ||||||11,279,341|10,850,449| |Current assets||||||| |Stocks||||18|13,319|14,222| |Debtors||||19|16,121|5,449| |Cash at bank and||in|hand||3,295,220|3,287,527| ||||||3,324,660|3,307,198| |Creditors:|amounts||falling due within|||| |one year||||20|(38,703)|(49,294)| |Net current|assets||||3,285,957|3,257,904| |Total assets less||current liabilities|||14,565,298|14,108,353| |Capital funds||||||| |Endowment|funds|||||| |||||22|256,488|253,308| |Restricted|funds|||||| |General
restricted||funds|||3,650,861|3,583,909| |Revaluation|reserve|||15|787,351|753,436| |||||23|4,438,212|4,337,345| |I,lgffifi~r'||||||| |Designated|funds|||24|2,322,390|2,210,778| |General
unrestricted|||funds||3,302,177|3,162,077| |Revaluation|reserve|||15|4,246,031|4,144,845| ||||||9,870,598|9,517,700| ||||||14,565,298|14,108,353| ## ## |||||2020||2019| |---|---|---|---|---|---|---| ||||Notes|||6| |Cash flows from operating||activities||||| |Cash generated
from operations|||27||15,986|451,247| |Investing
activities||||||| |Purchase ofother investments||||(251,834)||(991,529)| |Investment
income and rental||income received||243,541||195,643| |Net cash used in investing||activities|||(8,293)|(795,886)| |Net cash used In financing||activities||||| |Net Increase/(decrease)
in|cash and||cash|||| |equivalents|||||7,693|(344,639)| |Cash and cash equivalents|at beginning||ofyear||3,287,527|3,632,166| |Cash and cash equivalents||at end of|year||3,295,220|3,287,527| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Dl
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m||||||||| |CIl||Ol||||||||Gl|||||||||| |IUI-0Z|U.0|C||||||||C|C||||||||| ## ## ## ## ||||||2020f|2019
6| |---|---|---|---|---|---|---| |Staff costs|||||123,548|111,210| |Postage|||||12,554|11,407| |Printing
and||stationery|||20,226|15,737| |Events|||||14,244|39,011| |Donation||||||288| |Marketing|and media||||2,386|5,843| ||||||172,958|183,496| |Grant funding||ofactivities (see note 8)|||488,844|262,164| |Share of|support costs (see note 9)||||15,277|| |Gift Aid not recovered||||||3,890| |Share of|governance||costs (see|note 9)|45,653|37,063| ||||||722,732|486,613| |Analysis|by|fund||||| |Unrestricted||funds - general|||234,537|378,948| |Restricted|funds
- grant funding|||expenditure|488,195|107,665| ||||||722,732|486,613| ## ## ## |||||||2020|2019| |---|---|---|---|---|---|---|---| |||||||6|| |Grants to institutions|||||||| |Unrestricted|||||||| |Malvern
College|||||||| |Malvern
College - Theatre|||||||141,500| |Malvern
College - Outdoor|Pursuits||||||14,456| |Malvern
College - Cricket|Covers||||||2,433| |Restricted|||||||| |Malvern
College Centenary|Appeal|Fund||||42,235|19,064| |Assisted Places||||||66,901|35,802| |Marston-Riley
Scholarship||||||1,660|| |CTM Dunn||||||19,778|| |Alan
Duff Memorial
Fund||||||700|350| |Theatre|||||||20,000| |Nieper Art Scholarship||||||23,210|10,000| |House No.9||||||100|| |Prize Funds (number of small awards|||fro|m the various|prize funds)|3,000|3,000| |Chesterton
Cricket Award||||||2,000|2,000| |George Sayer Fellow|||||||831| |Steinway||||||304,640|| |James Cox Scholarship||||||1,000|| |Assisted Places (Bowtell)||||||20,571|12,728| |Blake Dunbar||||||1,400|| |Rachael Heyhoe-Flint||||||1,000|| |||||||488,844|262,164| ## ## |9|Support costs||||||| |---|---|---|---|---|---|---|---| |||Support|Governance|2020|Support|Governance|2019| |||costs|costs||costs|costs|| ||||||||f| ||Staif costs||21,802|21,802||19,625|19,625| ||Audit fees||5,400|5,400||7,750|7,750| ||Legal and professional||13,939|13,939||180|180| ||Office expenses|13,628||13,628||3,274|3,274| ||Directors' expenses||1,512|1,512||430|430| ||Secretary's
expenses|||||966|966| ||Accountancy
fees||3,000|3,000||2,790|2,790| ||Bank charges|1,649||1,649||2,048|2,048| |||15,277|45,653|60,930||37,063|37,063| ||Analysed
between||||||| ||Charitable
activities|15,277|45,653|60,930||37,063|37,063| ## ## ## ## ## |The average
|monthly
number
ofemployees
during
|the year was:|| |---|---|---|---| |||2020|2019| |||Number|Number| |Administrative|||| |Employment|costs|2020|2019| |||E|8| |Wages and salaries||130,801|119,102| |Social security|costs|8,215|5,464| |Pension costs||6,335|6,270| |||145,351|130,836| |||2020|2019| |---|---|---|---| |||Number|Number| |860,000|—670,000|1|1| ## ## ## ## ## |restricted funds to negate the deficit on res
Tangible fixe assets|
tricted
funds theatre.||| |---|---|---|---| ||Freehold
land|Collectables|Total| ||and buildings||| ||E|E|| |Cost or valuation|||| |At 1 August 2019|5,420,000|6,300|5,426,300| |Revaluation|75,000||75,000| |At 31 July 2020|5,495,000|6,300|5,501,300| |Carrying
amount|||| |At 31 July 2020|5,495,000|6,300|5,501,300| |At 31 July 2019|5,420,000|6,300|5,426,300| ## ## ## |Re|valuatio|n
offixed|assets|||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total| |||||funds|funds|| |||||general||| |||||E||| |At|1 August 2018|||2,879,699|523,582|3,403,281| |Revaluation||in year||541,601|98,399|640,000| |At|31 July|2019||3,421,300|621,981|4,043,281| |Revaluation||oftangible|fixed assets|63,469|11,531|75,000| |At|31 July|2020||3,484,769|633,512|4,118,281| ## ## ## ||Listed| |---|---| ||investments| ||6| |Cost or valuation|| |At 31 July 2019|5,424,149| |Additions|251,834| |Valuation
changes|102,058| |At 31 July 2020|5,778,041| |Carrying
amount|| |At 31 July 2020|5,778,041| |At 31 July 2019|5,424,149| ## |17|Financial|instruments|instruments||||2020|2019| |---|---|---|---|---|---|---|---|---| ||||||||6|6| ||Carrying|amount|offinancial||assets|||| ||Debt instruments||measured|at|amortised|cost|15,732|5,263| ||Carrying|amount|offinancial||liabilities|||| ||Measured|at amortised
cost|||||35,547|47,924| ## ## ## |18|Stocks|||2020|2019| |---|---|---|---|---|---| |||||6|6| ||Goods for resale|||13,319|14,222| |19|Debtors||||| |||||2020|2019| ||Amounts
falling due||within one year:|6|6| ||Trade debtors|||12|567| ||Other debtors|||15,720|2,077| ||Prepayments|and accrued income||389|2,805| |||||16,121|5,449| |20|Creditors: amounts||falling due within one year||| |||||2020|2019| |||||6|6| ||Other taxation|and social security||3,156|| ||Trade creditors|||369|15,051| ||Other creditors|||22,648|20,310| ||Accruals and|deferred|income|12,530|13,933| |||||38,703|49,294| ## ## ## ## ## ## ## |||Movement|Movement|In funds|In funds||| |---|---|---|---|---|---|---|---| ||Balance at 1|Income Expenditure||||Investment|Balance at 31| ||August
2019|||||gains/
losses|July 2020| ||6|6|||6|6|6| |Permanent
endowments|||||||| |James Greenwood
Architecture|||||||| |Prize|2,629|||||52|2,681| |Shand-Kydd
Special Fund|28,426|||||559|28,985| |EH Moss Exhibition|10,755|||||212|10,967| |Toovey Art Prize|656|||||13|669| |Berridge Chemistry
Prize|1,022|||||20|1,042| |HW Smith Exhibition|1,880|||||37|1,917| |Gwynne-Jones
Exhibition|7,851|||||155|| |Wright
Ingle Exhibition|16,441|||||324|| |Heath
Harrison
Exhibition|21,106|||||415|46,292| |Wheeler Bennett History Prize|1,476|||||29|1,505| |AR Dulf Memorial
Fund|27,286|||||537|27,823| |James Cox Scholarship|101,488|||||533|102,021| |Rackets Fund|32,292|125||||169|32,586| ||253,308|125||||3,055|256,488| |||Movement|in funds||prior year||| ||Balance at 1|Income Expenditure||||Investment|Balance at 31| ||August|||||gains/|July 2019| ||2018|||||losses|| |||6|||E|F|6| |Permanent
endowments|||||||| |James Greenwood
Architecture|||||||| |Prize|2,403|||||226|2,629| |Shand-Kydd
Special Fund|25,984|||||2,442|28,426| |EH Moss Exhibition|9,831|||||924|10,755| |Toovey Art Pnze|600|||||56|656| |Berridge Chemistry
Prize|934|||||88|1,022| |HW Smith Exhibition|1,719|||||161|1,880| |Gwynne-Jones
Exhibition|7,177|||||674|7,851| |Wnght
Ingle Exhibition|15,029|||||1,412|16,441| |Heath
Harrison
Exhibition|19,293|||||1,813|21,106| |Wheeler Bennett History Prize|1,349|||||127|1,476| |AR Duif Memorial
Fund|24,942|||||2,344|27,286| |James Cox Scholarship|99,774|||||1,714|101,488| |Rackets Fund|31,624|125||||543|32,292| ||240,659|125||||12,524|253,308| ## ## ## ## ## ## |The income funds of|The income funds of|the charity
include|the charity
include|restricted|funds comprising|funds comprising|the following|the following|unexpended|balances of| |---|---|---|---|---|---|---|---|---|---|---| |donations
and|grants|held on trust|for specific purposes:|||||||| ||||||Movement|in|funds|||| |||Balance at 1|Incoming||Resources|Transfers||Investments||Balance at 31| |||August
2019|resources||expended|||gains/losses||July 2020| |||f||||||||| |Restricted||||||||||| |Endowments||||||||||| |(Permanent)||||||||||| |Centenary
Appeal||||||||||| |Fund||2,542,621||30,143|(46,531)||||29,066|2,555,299| |Capt. HL Grant||399,784||4,428|(727)||7,623||2,099|413,207| |Chesterton
Cncket||||||||||| |Award||70,739||782|(2,128)||||371|69,764| |Bishop John &||||||||||| |Arthur
Mort Bursary||74,366||823|(135)||||390|75,444| |Blake Dunbar|Music|||||||||| |Scholarship||49,991||554|(1,491)||||263|49,317| |Marston
Riley||||||||||| |Scholarship||58,241||645|(1,766)||||306|57,426| |Restricted funds||||||||||| |Shand-Kydd
Special||||||||||| |Fund||29,066||870||||||29,936| |EH Moss Exhibition||7,293||330|||(7,623)|||| |Gwynne Jones||||||||||| |Exhibition||5,343||241|||(5,584)|||| |Wright
Ingle||||||||||| |Exhibition||11,192||503|||(11,695)|||| |Heath
Harrison||||||||||| |Exhibition||12,865||646|||17,279|||30,790| |AR Dutf Memorial||||||||||| |Fund||7,970||835|(700)|||||8,105| |James Cox||||||||||| |Scholarship||20,130||1,349|(1,222)||||106|20,363| |CW Nicholls||||||||||| |Memorial
Fund||12,078|||||||681|12,759| |Running
Track|Fund|5,105||||||||5,105| |Bursaries/Assisted||||||||||| |Places||41,718||15,070|(37,003)|||||19,785| |Assisted Places||||||||||| |(Bowtell)||12,505||18,440|(20,469)|||||10,476| |Assisted Places||||||||||| |(Hayter)||150,614||32,127|(30,000)|||||152,741| |Bridge Fund||1,365||||||||1,365| |House No.9 Fund||100|||(100)|||||| |Chapel Sound||||||||||| |System||3,087||280||||||3,367| |Chapel Organ||519||1,175||||||1,694| |CTM Dunn||1,914||38,000|(19,778)|||||20,136| |Music Department||502||||||||502| |Steinway||403,125||220,000|(304,640)|||||318,485| ## ## |23|Restricted funds|Restricted funds|||||(Continued)| |---|---|---|---|---|---|---|---| ||Theatre|||2,034|||2,034| ||Nieper Art||||||| ||Scholarship||120,000||(23,211)||96,789| ||RKB Lecture Series||23,580||||23,580| ||Golf Facilities||1,174||||1,174| ||George Sayer||||||| ||Fellow||7,501||||7,501| ||Rackets Fund||1,329|358|(59)||1,628| ||House No.5 Fund||300||||300| ||Clark Scholarship||||||| ||Award||120,987|177,291|||298,278| ||JMM Memorial|Fund|11,375|238|||11,613| ||Rachael Heyhoe||||||| ||Flint Award||20,000|(5,000)|(1,000)||14,000| ||Observatory|||10,000|||10,000| ||Cricket Nets|||2,363|||2,363| ||Hardship|||5,000|||5,000| ||Restricted||||||| ||Endowments||||||| ||(Permanent)|Prize|||||| ||Funds||||||| ||Richard Smith||||||| ||Physics Prize||2,934|71||46|3,051| ||Restricted
Prize||||||| ||Funds||||||| ||James Greenwood||||||| ||Architecture
Prize||1,739|81|||1,820| ||Toovey Art Prize||269|20|(55)||234| ||Berridge Chemistry||||||| ||Prize||664|31|(20)||675| ||HW Smith Exhibition||1,213|58|(20)||1,251| ||Wheeler Bennett||||||| ||History Prize||1,039||||1,085| ||James Richford||||||| ||Cricket Prize||5,612|103|(20)|66|5,761| ||Photographic|Prize|1,847|35|(20)|22|1,884| ||RH Farrar||||||| ||Mathematical|Prize|11,068|172|(20)||11,331| ||RWA Manly||||||| ||Backstage Prize||953|11|(20)|7|951| ||Prize Funds||64,813|718|(2,868)|340|63,003| ||RK Blumenau||||||| ||Philosophy
Prize||4,335|68|||4,403| ||Roger Short Pnze||1,175|28|||1,203| ||R H Cobb||||||| ||Mathematical|Prize|3,410|63|(15)|41|3,499| ||Matthew
Hind|Golf|||||| ||Prize||195||(20)||175| ||Arvid Pardo Prize||7,600||(40)||7,560| ||||4,337,345|561,030|(494,078)|33,915|4,438,212| ## ## ## ||||Movement|Movement|in funds prior year|in funds prior year|in funds prior year|| |---|---|---|---|---|---|---|---|---| |||Balance at 1|Incoming|Resources||Transfers|Investments|Balance at 31| |||August
2018|resources|expended|||gains/losses|July 2019| |||F|6||6|6|6|f| |Restricted||||||||| |Endowments||||||||| |(Permanent)||||||||| |Centenary
Appeal||||||||| |Fund||2,373,731|35,027|(19,064)|||152,927|2,542,621| |Capt. HL Grant||387,625|5,498||||6,661|399,784| |Chesterton
Cricket||||||||| |Award||70,527|1,000|(2,000)|||1,212|70,739| |Bishop John &||||||||| |Arthur
Mort Bursary||72,104|1,023||||1,239|74,366| |Blake Dunbar|Music|||||||| |Scholarship||48,470|688||||833|49,991| |Marston
Riley||||||||| |Scholarship||56,470|801||||970|58,241| |Restricted funds||||||||| |Shand-Kydd
Special||||||||| |Fund||28,213|853|||||29,066| |EH Moss Exhibition||6,971|322|||||7,293| |Gwynne Jones||||||||| |Exhibition||5,108|235|||||5,343| |Wright
Ingle||||||||| |Exhibition||10,699|493|||||11,192| |Heath
Harrison||||||||| |Exhibition||12,232|633|||||12,865| |AR Duif Memorial||||||||| |Fund||7,502|818||(350)|||7,970| |James Cox||||||||| |Scholarship||18,146|1,672||||312|20,130| |CW Nicholls||||||||| |Memorial
Fund||10,578|||||1,500|12,078| |Running
Track|Fund|5,105||||||5,105| |Bursaries/Assisted||||||||| |Places||2,796|15,649|(35,802)||59,075||41,718| |Assisted Places||||||||| |(Bowtell)||6,483|18,750|(12,728)||||12,505| |Assisted Places||||||||| |(Hayter)||120,000|30,614|||||150,614| |Bridge Fund||1,365||||||1,365| |House No.9 Fund||100||||||100| |Chapel Sound||||||||| |System||2,962|230||(105)|||3,087| |Chapel Organ|||519|||||519| |CTM Dunn||866|1,048|||||1,914| |Music Department||427|75|||||502| |Steinway||3,125|400,000|||||403,125| ## ## |23|Restricted funds||||||(Continued)| |---|---|---|---|---|---|---|---| ||Theatre|15,226|2,612|(23,160)|5,322||| ||Nieper Art||||||| ||Scholarship|130,000||(10,000)|||120,000| ||RKB Lecture Series|23,580|||||23,580| ||Golf Facilities|1,174|||||1,174| ||George Sayer||||||| ||Fellow|8,957||(1,456)|||7,501| ||Rackets Fund|881|448||||1,329| ||House No.5 Fund||300||||300| ||Clark Scholarsip||||||| ||Award||120,987||||120,987| ||JMM Memorial
Fund||11,375||||11,375| ||Rachael Heyhoe||||||| ||Flint Award||5,000||15,000||20,000| ||Restricted||||||| ||Endowments||||||| ||(Permanent)
Prize||||||| ||Funds||||||| ||Richard Smith||||||| ||Physics Prize|2,667|69|||198|2,934| ||Restricted
Prize||||||| ||Funds||||||| ||James Greenwood||||||| ||Architecture
Prize|1,685|79|(25)|||1,739| ||Toovey Art Prize|349|20|(100)|||269| ||Berridge Chemistry||||||| ||Pnze|658|31|(25)|||664| ||HW Smith Exhibition|1,182|56|(25)|||1,213| ||Wheeler Bennett||||||| ||History Prize|995|||||1,039| ||James Richford||||||| ||Cricket Prize|5,247|101|(25)||289|5,612| ||Photographic
Prize|1,741|34|(25)||97|1,847| ||RH Farrar||||||| ||Mathematical
Prize|10,366|137|(25)||590|11,068| ||RWA Manly||||||| ||Backstage Prize|963|10|(50)||30|953| ||Prize Funds|65,363|927|(2,600)||1,123|64,813| ||RK Blumenau||||||| ||Philosophy
Pnze|4,268|67||||4,335| ||Roger Short Prize|1,147|28||||1,175| ||R H Cobb||||||| ||Mathematical
Prize|3,196|62|(25)|||3,410| ||Matthew
Hind Golf||||||| ||Prize|220||(25)|||195| ||Arvid Pardo Prize||7,650|(50)|||7,600| |||3,531,470|665,985|(107,665)|79,397|168,158|4,337,345| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||'|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||8
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C| ## ## |25|Analysis|of net assets between|of net assets between|funds||||| |---|---|---|---|---|---|---|---|---| |||||Unrestricted|Designated|Restricted|Endowment|Total| |||||funds|funds|funds|funds|| ||||||F|E|E|E| ||Fund balances at 31 July 2020|||||||| ||are represented||by:|||||| ||Tangible|assets||4,656,454||844,846||5,501,300| ||Investments|||1,260,340|2,235,261|2,047,634|234,806|5,778,041| ||Current|assets/(liabilities)||1,631,414|87,129|1,545,732|21,682|3,285,957| |||||7,548,208|2,322,390|4,438,212|256,488|14,565,298| ||Analysis|of net|assets|||||| ||between|funds|- prior year|||||| |||||Unrestricted|Designated|Restricted|Endowment|Total| |||||funds|funds|funds|funds|| |||||E|F|F||| ||Fund balances at 31 July 2019|||||||| ||are represented||by:|||||| ||Tangible|assets||4,592,985||833,315||5,426,300| ||Investments|||1,048,970|2,196,359|1,950,302|228,518|5,424,149| ||Current|assets/(liabilities)||1,664,967|14,419|1,553,728|24,790|3,257,904| ||Long term liabilities|||||||| |||||7,306,922|2,210,778|4,337,345|253,308|14,108,353| ## |||2020|2019| |---|---|---|---| |||E|E| |Aggregate|remuneration|70,795|71,779| ## ## ## |27|Cash generated
from|Cash generated
from|operations|operations|2020|2019| |---|---|---|---|---|---|---| ||||||6|6| ||Surplus for the year||||381,945|858,685| ||Adjustments
for.|||||| ||Investment
income|recognised||in profit or loss|(243,542)|(195,662)| ||Fair value gains and|losses on||investments|(102,058)|(250,091)| ||Movements
in working||capital:|||| ||Decrease/(increase)|in|stocks||903|(1,373)| ||(Increase)/decrease|in|debtors||(10,672)|67,030| ||(Decrease)
in creditors||||(10,590)|(27,342)| ||Cash generated
from||operations||15,986|451,247| ## ## ## ||||2020|2019| |---|---|---|---|---| |||||5| |Income||||| |Life membership|fees||722|8,500| |Expenditure||||| |OM Cricket Club||||2,500| |OM Football Club||||2,500| |OM Golfing Society||||2,500| |OM Rifle Club||||1,700| |OM Sailing Club||||1,250| |Sundry
items|||240|732| |OM Netball
Club|||1,387|3,775| |OM Hockey Club|- Men|||1,000| ||||1,627|15,957| |Net (deficit)|||(905)|(7,457)| |Balance Sheet as at 31||July 2020||| |Capital account||||| |As at 1August 2019|||20,310|27,767| |Net surplus I (defidt) for||the year|(905)|(7,457)| |As at 31 July 2020|||19,405|20,310| |Represented
by:||||| |Loan to The Malvernian||Society|19,405|20,310|