Council
of Church
Universities and
Colleges
{operating as The Cathedrals
Group)
Annual Report and Account5
31 July 2021
Charity ReBistratioTr Number
801726

Contents
Reports
Reference and administrative information
Executive Committee report
Independent auditorfs report
Accounts
Statement of financial activities
13
Balance sheet
14
Principal accounting policies
15
Note5 to the accounts
18
Council of Church Universities and Colleges (operating as The Cathedrals Group)

Reference and administrative infom)ation
Executive Commlttee
Professor Peter Neil (Chairl
Professor jackie Dunne (Vice Chairl
Professor Jean-Noel Erzingeard Ivice Chairl
Professor Rama Thirunamachandran
Profe550r Julie Mennell
Professor lane Longmore
Paul Barber, Director of Catholic Education SeNice
Garry Neave, HE Adviser, Church of England
RegisteredlPrin¢lpal office
York St John University
Lord Mayor's Walk
York
Y0317EX
Charity registration number
801726
Auditor
Buzzacott LLP
130 Wood Street
London
EC2V 60L
Bankers
HSBC Bank plc
22 Vrctoria Street
Westminster
London
SWIH ONJ
Natwest Bank
High Street
Lincoln
LN2 IAZ
Solicitors
Lee Bolton Monler-williams
l The Sanctuary
Westminster
London
SWIP 3JT
Council of Church Universities and Colleges (operating as The Cathedrals Group)

Executive Committee report Year to 31 July 2021
The Executive Comrnittee presents the report and accounts of the Council of Church Universities
and Colleges (operating asThe Cathedrals Group) I'the Council") forthe year ended 31 july 2021.
Audited accounts are required under the terms of the Council's Constitution.
The accounts have been prepared in accordance with the occounting policies set out on pages
15-17 of the attathed accounts and the requirements of Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reportin8 Standard applicable in the United Kin6dom and Republic
of Ireland (FR5 1021.
The Council has adopted an abbreviated Executive Committee report a5 It qualrfies as a small
charity.
Govemance, structure and management
Constitution
The Council is governed by a constitution adopted on l November 1988, which has been
amended in subsequent years. the latest amendment being November 2016. The Council is also
a registered charity (charity registration number 8017261.
Oryanisrtion
The policy and general management of the affairs ot the Council is directed by the Executive
Committee. The Executive Committee consists of the Chair, two Vice-Chair5 and two Vice
Chancellor5/Principals elected by the Members representing the range of Members. The
Director of the Catholic Education Service and the Chief Education Officer of the Church of
England are entitled to attend.
Representation
Membership of the Council 15 open to the designated vice-Chan￿110r or Principal of each
University or Church University College in full membership. One nominee from each of the
Catholic Education Service. the Church of England 8oard of Education, and the Methodist
Church in Britain is entitled to attend. Associate membership may be granted to such bodies as
are willing and able to subscribe to the principal aims and artivities of the Council.
The Members elect the Chair of the Executive Committee to seNe for a period of two years or
such longer period as the Members may determine. The Honorary Treasurer or Treasurer is
elerted by the Members to seNe for a period of two years.
The members of the Executtve Committee are a150 the trustees of the Council for the purposes
of charity law. They are listed on page l and have all Served in office throughout the year and
to the date of this report except where stated.
Council of Church Universities and Colleges (operating as The Calhedrals Group)

Executive Committee report Yearto 31 July 2021
Governance, Structure and management Icontinuedl
Key monagementpersonnel
The key management personnel of the charity In charge of directing and controlling, running and
operating the charity on a day to day basis comprise the members of the Executive Committee.
No member of the Executive Commlttee receives any remuneration from the charity in respect
of their duties.
Stotement of responsibilitie5 of the Executive Commlttee
The Executive Committee is responsible for preparing the annual report and accounts in
accordan￿ with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accountin8 Practice).
The law applicable to charities in England and Wales requires the Executive Commlttee, as the
trustees of the Council (the "charity"), to prepare account5 for each financial year which give a
true and fair view of the state of affairs of the charity at the year end and of its income and
expenditure for the period. In preparing the accounts, the members of the Executive Commlttee
are required to:
select suitable accounting policies and then apply them conslstently;
observe the methods and principles in Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their account5 in accordance with
the Financial Reportlng Standard applicable to the United Kingdom and Republic of Ireland
IFRS 1021,.
make judgements and estimates that are reasonable and prudent,.
state whether applicable United Kingdom accounting standard5 have been followed, subject
to any material departures disclosed and explained in the accounts.. and
+ prepare the accounts on the going concern basis unless it is inappropriate to presume that
the charity will continue in operation.
The Executive Committee is responsible for keeping proper accounting records which disclose
with reasonable accuracy at any time the financial position of the charity and enable them to
ensure that the accounts comply with the Charities Act 2011, the Charity IActounts and Reports)
Regulations and the provision5 of the charitvs constitutlon. They are also responsible for
5afeguardlng the assets of the charity and hence for taking reasonable steps for the prevention
and detectlon of fraud and other irregularitres.
When setting the objectives and planning the work of the Council for the year and its future
activrtles, members of the Executive Committee have given careful consideratlon to the Charity
Commission general guidance on public benefit.
Council of Church Universities and Colleges (operating as The Cathedrals Group)

Executive Committee report Year to 31 July 2021
Governance, structure and management Icontinuedl
Risk monogement
The Executive Committee has assessed the major risks to which the Council is exposed, in
particular those related to the operations and finances of the Council and are satisfie(I that
systems are in place to mitigate exposure to the major risks.
As a membership organisation whose income is primarily subscriptions, the major risk facing the
Council is the loss of members. The financial consequence5 of this are mitigated in two respects:
the low level of fixed costs with most expendlture being more discretionary project spend,. and
the level of reserves carried to allow activf(v to be transitioned to a smaller membership base.
Objertives andartivities
Overview
The work of the Cathedrals Group in 2020-21 has been Significantly impacted by the Coronavirus
pandemic and by the emerging direction of government education policy.
The pandemic has necessitated that almost all Cathedrals Group business is conducted remotely,
with all meetings moving online and activities that would have been held in person, adapted,
postponed, or cancelled. The pandemic has also diverted attention amongst members. requiring
a significant focus on managing COV5D-19 implications, and reducing some of the scope to
progress joint project5 3n(l attivities. However, it has also presented opportunities, providing a
catalyst for various teams across the members to work together more closely. As discussed
below, thi5 has resulted in several initiatives that embrace the strategic objectives of the
Cathedrals Group.
Thegovernment's pollcy agenda has challenged members to strengthen their representation and
lobbying capacity. This is particularly the case in the field of teacher education
a founding
strand of the Group's shared identity-where a major review of national provision has significant
implications for members. Several other government or regulatory consultations on important
HE sector issues, such as quality and standards, and admission5, have also provided a focal point
forjoint work and ￿Sponses. The Group has galvanised its shared positioning on several of these
issues, meaning it is well placed to respond to further proposals and developments.
These two external driver5 have meant that more of the Group's work in 2020-21 has been
reactive. There are some notable exceptions to this, particularly the Cathedrals Group Graduate
Careers Fund
a project with joint investment from members designed to support graduates
seeking work in the context of the pandemic. The Group has also progressed important areas of
joint research and put in place infrastructure. such as its new website and better risk
management processes, to ensure it is well placed for longer term development.
Although the Group now faces changes in personnel within its support office, it moves into the
post-pandemic period well-placed to continue enhancing its impact and credentials.
Council of Church Universities and Colleges {operating as The Cathedrals Group)

Executive Committee report Yearlo 31 July 2021
Governance, structure and management Icontinuedl
Personnel
In 2020-21, Professor Peter Neil setved the second year of his two-year terni as Chair of the
Cathedrals Group. The Group appointed two new Vice Chairs to its Executive, Professor Jackie
Dunne, and Professor Jean-Noel Erzin8eard. Two Vice Chancellor5 retired from their universities
and therefore from the Group, Professor Margaret House at Leeds Trinity University. and
Profe550r Joy Carter, at the University of Winchester. They were replaced by Professor Charles
Egbu and lon an Interim basisl Professor Elizabeth Stuart, respectively.
In November 2020 the Group's administrator, Sophie Pointon left her p05t at the conclusion of
her contract. Administrative 5UPPOrt was subsequently provided by the Chalrfs office. In mid-
October 2021 the Group's Head of Public Affairs and Corporate Communications abo left thelr
post at the conclusion of their contract. At the time of writing a replacement appointment is
being sought to the He3d of Public Affairs role. These chan6e mean that the Group is enterin8 a
transition period with a new Chair and new support office staff due to be Sn post by the AGM in
December.
Infrastrurture
Although the pandemic prevented the development of several areas of work the Group might
have carried out. it did provlde some opportunities to focus on strengthening the Group,
infrastructure to put it on a more stable footing movinB forward. This work ha5 three maln
strands..
Relaunchlng the website.
Conducting a more detailed risk assessment and acting on the outcomes.
Strengthening the connections between peer groups of staff across member
institutions.
The work on the website was initiated during 2019/20. Some delay in the final stages wa5
experienced because of the onset of the pandemic, but in spring 2021 a full refresh of content
was completed. and the new slte was launched. Analytics data shows that there has been
increased engagement with the site since the relaunch and the Group now has a clear and
distinctive brand that stands up alongside that of simllar Groups in the sector.
At its November 2020 AGM the Group considered a report monitoring compliance against
Charity Commission guidance and a wider risk assessment usinE a PESTLE analysis. These reports
enabled the Group to identify areas for development in its business, such as the 5ub5equent
development of statements on safeguarding and complaint5. The Group has agreed to receive
similar report5 at 115 AGM on a bi-annual basis, lo steer and review its business.
Council of Church Universities and Colleges (operating as The Cathedrals Group)

Executive Committee report Year to 31 July 2021
Governance. structure and management Icontinuedl
Infrastructure Icontinuedl
There has also been a deliberate focus on strengthening the breadth and depth of connections
between internal colleagues acr055 the Group. The pandemic has provided a more conducive
context for this with the widespread move to online meetings and a rea55ertion of the value in
sharing experiences and approaches across networks. Durin8 the year, in addition to the regular
meetings of the Group's Education Committee and Research and Enterprise Committee, Group's
metto look at CaTeer5 SUPPOrt, HR issues, Registry and marketing. This work has raised the profile
of Cathedrals Group artivities internally and demonstrated the value of membership to a much
wider pool of staff.
Policy
2020121 has been an important year for the Cathedrals Group to progre5S Its work in joint policy-
making. The government and the sector reBulator, the Office for Students have proposed several
changes over the year that present risks and significant implicalions for Cathedrals Group
members. The Group has worked to inform and influence policy makers on several fronts in view
of these proposals.
Arguably the most significant proposals impacting the Group are in the area of initial teacher
training IlThl. In January 2021 the government launched a review of the I￿ market, wlth a report
nd recommendations released in July. Teacher training is a cornerstone of memberfs history
and current course portfolios and the proposals, which would see re-acueditation for all
providers, increased costs, and a more prescribed curriculum, cèrry multiple risks. Throughout
the year the Group worked closely wlth other likeminded organisations in the sector, holding
joint meetings to discuss views. Member universities worked with the church to lobby Ministers,
and senior opposition politicians. This work helped to secure early meetings with the review
group. Our Education Committee played a leading role in the review process and has worked
closely with the Department for Education to raise member's collertive concerns. At the time of
writing, the Group ha5 submitted a detailed letter of response to the governmenvs consultation
on the ￿VIeW and awaits further detail.
Linked to this work, the Group also considered the opportunity to bid to be part of the new
Institute of Teaching the government plans to establish. Education Directors and Vice
Chancellor5, alongside church representatives, worked together to consider tactics and options,
ultimately determining not to pursue the opportunity.
The government's wider agenda has, amongst other iSSLses, seen criticism of what have been
presented as'low quality courses,, an emphasis on earnings as a measure of degree success. and
a desire to chanEe how student admissions operate. The regijlator is developing a more directive
role in monitoring these and other issues. The Group has been keen to emphasise the risk in
these measures, aligned to the values members share. Members have worked togetherto submit
consultation responses on..
Quality and Standards
Monetary penalties.
Post Qualification Admissions.
Council of Church Universities and Colleges {operating as The Calhedrals Group)

Executive Committee report Year to 31 July 2021
Governance, Structure and management Icontinuedl
Policy
The Group has also taken a proactive approach to considering other emer@ing themes in the
settor. For example, at its summer Council meeting member5 held a dedicated se55ion on the
emerging skills agenda. A presentation from the Chief Executive of UVAC framed a detailed
discussion about the changing nature of funding, policy, and partnership work in relation to skills
and the Group has agreed to maintain a collective watching brief and work together on issue5 of
joint rnterest.
Cathedrals Group meetings have also provided a helpful forum to share intelligence and insights
between members in relation to the pandemic and its Implications for staff and students.
Projerts
The pandemic has meant that the Cathedrals Group has changed its prioritlsatlon of different
projerts during 2020121. Historically. the Group held two key face-to-face events within the year
the annual Choirs Festival and an annual lecture (previously called the Dearing Lecture). Given
the additional demands placed on members by the pandemic, it was decided not to hold a
Dearing lecture during 2021.
Member5 did however determine to develop an alternative to the Choirs Festival. Rather than
meeting in person, members were invited to submit vldeos of their Choirs performing and these
have been combined in a dedicated webpage on the Cathedrals GTOUP website. Seven Cathedrals
Group institution5 have been able to participate.
Signrficant time was also allocated to overseeing and completing the Graduate Careers Fund
projert initiated during the previous year. Using £20.000 allocated by the Cathedrals Group from
its core budget, Careers Team5 from across the members worked together to develop a fund,
bldding process and assessment triteria to allocate funding to 2020 graduates who were
experiencing drfficulties relatingto the pandemic. After receiving more than 430 application5 and
conductin8 a thorough assessment process, 33 graduates were awarded with between £250 and
£750 each to support their future succèss. Whilst Vlce Chancellors determined that this should
be a one-off project rather than an ongoing commitment, it wa5 widely agreed that the project
represented a very positive and practical response to the pandemic that reflerted the wlder
objertives and values of the Group.
Finally, throughout the year members have continued to pursue a number of jolnt researth
projects together, forem05t amongst which 15 the Communiversity project, funded by the Church
Univer51ties Fund following a Successful joint bid. The Communiversity Project explores the
added value that students experience from doing comrnunity-based projects with a social justi
dimension at Cathedrals Group universilies. A report on the research findings is expected early
in 2022.
Council of Church Universities and Colleges (operaling as The Cathedrals Group)

Executive Committee report Yearto 31 July 2021
Governance, stru¢ture and management Icontinuedl
Taken together, this body of work highlights that although the pandemic has presented
significant challenges during 2020121, the Cathedrals Group has been able to utilise the talents
and resilience of its members to continue doing important joint work. This work has dlrectly
impacted students, supported staff and leaders, enhanced the Group's credentials. arbd
contributed to key policy debates in the sector. It lays the foundations to emerge strongly from
an irregular and highly challenging year.
Financial review
Total incorne amounted to £67,08512020- £67,133), which included income from membership
subscriptions totalling £67,08312020- £67,083). Total expenditure amounted to £88,33212020-
£96,867).
The net movement in funds was a deficit of £21,24712020 - deficit of £29,7341. The total net
asset5 at the year end were £88,39112020- £109,638).
Reserves policy
Sufficient free reseryes are maintained to enable the Council to meet any unexpected demands
for its Se￿ice5 and to finance projects undertaken at short notice, broadly defined as equivalent
to an average year's expenditure. Should its reserves be insufficient, additional resources would
be provided by the universities and colleges that are members of the Council. At the balance
sheet date, the free reserves were £88,39112020- £109,6381 and so in excess of this policy. It 15
anticipated that the surplus will be used to fund future projects.
Future plans
The CG plan to continue the advancement of public education in Church universities and colleges
in 2022.
Signed on behalf of the Executive Committee on I q I, | ij
The Reverend Canon Professor Peter Neil
Chair
Council of Church Universities and Colleges loperaling as The Cathedrals Group)

Independent audltor's report 31 July 2021
Independent auditor's report to the Executive Committee of Councll of Churth
Universities and Colleges {operatlnE as The Cathedrals Group)
We have audited the accounts of Council of Church Universities and College5 Ithe "charit￿) for
the year ended 31 July 2021, which tomprise the statement of financial activities, the balan
sheet, the principal accounting policies and the related notes. The financial reporting framework
that has been applied in thelr preparation is applicable law and United Kingdom Accounting
Standards Iunited Kingdom Generally Accepted Accounting Pratticel, including FRS 102, the
Financial Reporting Standard applicable in the United Kingdom and RepLtblic of Ireland.
In our opinion the accounts..
• give a true and fair view of the state of the charit￿5 affairs as at 31 ju￿ 2021 and of its
income and expenditure for the year then ended,.
• have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Prartice- and
have been prepared in accordante with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audlt In accordance with International Standards on Auditing IUKI IISAS IUKII
and applScable law. Our responsibilities under those standards are further described in the
auditor's responsibilities for the audit of the accounts section of our report. We are independent
of the charity in accordance with the ethical requirernents that are relevant to our audit of the
accounts in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requ1￿mentS. We believe that the audit evidence we
have obtained is sufficient and appropriate to provide a basls for our opinion.
Conclusion5 relating to going con¢ern
In auditing the accounts. we have concluded that the trustees, use of the going concem basi5 of
accounting in the preparation of the accounts is appropriate.
Based on the workwe have performed, we have not identified any material uncertainties relatlng
to events or conditions that, individually or collectively, may cast slgnificant doubt on the
charity's abllity to continue as a going concern for a period of at least twelve months from when
the accounts are a￿hOrISed for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.
Council of Church Universities and Colleges (operating as The Cathedrals Group)

Independent audltorfs report 31 July 2021
Other infomiation
The Executive Committee is responsible for the other information. The other information
tomprises the information included in the annual report other than the accounts and our
auditorfs report thereon. Our opinion on the accounts does not cover the other information and
we do not express any form of assurance conclusion thereon.
In connection with our audit of the accounts, our responsibility Is to read the other information
and, in doin@ so, consider whether the other information is materially inconsistent with the
accounts or our knowledge obtained in the audit or otherwise appears to be materiallv
misstated. If we identify such material inconsistencies or apparent material misstaternents, we
are required to determlne whetherthere is a material misstatement in the accounts or a material
misstatement of the other information. If, based on the work we have performed, we conclude
that there is a material misstatement of this other information. we are required to report that
fact.
We have nothing to report in this regard.
Matters on whlch we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities
Act 2011 requires us to report to you if, in our opinlon..
• the information given in the Executive Committee's annual report is inconsistent in any
material respect with the accounts- or
sufficient accounting records have not been kept,. or
• the accounts are not in agreement with the accounting records and returns- or
• we have not re￿iVed all the information and explanations we require for our audit.
Responsibilities of the Executlve Committee
As explained more fully in the Stalement of responsibilities of the Executive Committee, the
Executive Committee is responsible for the preparation of the accounts and for being satisfied
that they give a trlse and fair view, and for such internal control as the Executive Committee
determine is necessary to enable the preparation of accounts that are free from material
misstatement, whether due to fraud or error.
In preparing the accounts, the Executive Committee is responsible for assessing the charity's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern
and using the going concern basis of accounting unless the Executive Committee either intend
to liquidate the charity or to cease operations, or have no realistic alternative but to do $0.
Council of Church Universities and Colleges (operating as The Cathedrals Group) 10

Independent auditorfs report 31 July 2021
Auditorfs responsibilities for the audlt ot the accounts
Our objectives are to obtain reasonable assurance about whether the accounts as a whole are
free from material mi55tatement, whether due to fraud or error, and to issue an auditols report
that Sncludes our opinion. Reasonable assurance is a high level of assurance, but 15 not a
guarantee that an audit conducted in accordance with ISAS IUKI will alway5 detect a material
misstatement when it exists. Mi55tatements can arise from fraud or error and are considered
materlal if, individually or in the aggregate. they could ￿asonablY be expected to influence the
economic decisions of users taken on the basis of these accounts.
Irregularities, including fraud, are instances of non-eompliance with laws and re8ulation5. We
design procedure5 in line with our responsibilities, outlined above, to detect material
misstatements In respect of irregularities, including fraud. The extent to which our procedures
are capable of detecting Irregularities. including fraud is detailed below..
Our approach to identifying and assessing the risks of material misstatement in respett of
irregularStles, including fraud and non-compliance with laws and regulations, was as follows..
•the engagement partner ensured that the engagement team collectively had the appropriate
competence, capabilities and ski115 to identify or recognise non-compliance with applicable laws
and regulations,. and
•we obtaineil an understanding of the legal and regulatory frameworks that are applicable to
the charity and determined that the most significant frameworks which are direttly relevant to
specific assertions in the financial statements are those that relate to the reporting framework
(Statement of Recommended Practi￿. Accounting and Reporting by Charities preparing their
account5 in accordance with the Financial Reportlng Standard applicable in the Unlted Klngdom
and Republic of Ireland IFRS 1021 and the Charttie5 Act 20111.
We assessed the susceptibility of the charlty's financial statements to material misstaternent,
intluding obtaining an understanding of how fraud might occur, by..
•makinB enquiries of management as to their knowledge of actual, suspected and alleged fraud;
and
•considering the internal controls In place to mitigate risks of fraud and non-compliance with
laws and regulations.
To address the risk of fraud through management bias and override of controls, we..
'performed analytical procedures to identify any unusual or unexpected relationships,. and
•a5sessed whetherjudgements and a55umptions made In determining the accountlng estimate
for the investment property valuation were indicative of potential blas.
Council of Church Unlversities and Colleges (operating as The Cathedrals Group) 11

Independent auditor's report 31 July 2021
Audltorfs responsibilities for the audlt of the accounts Icontinuedl
In response to the risk of irregularitles and non.compliante with laws and regulations, we
designed procedures which included, but were not Ilmited to:
•review of the minutes of meetings of those charged with governance,. and
•enqLsiring of management as to actual and potential litigation and claims.
As a result of our procedures we did not identify any key audit matters relating to irreEularities.
There are inherent limitations in our audit proceilures described above. The more removed that
laws and regulations are from financial transactions, the less likely it is that we would become
aware of non-compliance. Auditing standards also limit the audit pro￿dureS required to identify
non-cornpliance with laws and regulationsto enquiry of thetrustees and other management and
the inspection of regulatory and legal correspondence, rf any.
Material misstatements that arise due to fraud can be harder to detect than those that arise
from error as they may involve deliberate concealment or collusion.
A further description of our ￿SponSibl11t1eS forthe audr( of the financial statements is located on
the Financial Reporting Council'5 website at www.frc.orB.uk/auditorsresponsibilitie5. This
description forms part of our audltorfs report.
Use of our report
This report Ss made solely to the charity's Executive Committee, as a body, in accordance with
section 145 of the Charities Act 2011 and with regulation5 made under section 154 of that Act.
Our audit work has been undertaken so that we might State to the charity's Executive Committee
those matters we are required to State to them in an auditor's report and for no other purpose.
Tothe fullest extent permitted by law, we do not accept or assume responsibilityto anyone other
than the charity and the charity's Executive Committee as a bodyi for our audit worl for this
report, or for the opinions we have formed.
tèacfyu
Buzzacott LLP
Statutory Auditor
130 Wood Street
London
EC2V 6DL
Date.. 9 December 2021
Buzzacott LLP is eligible to act as an auditor in terms of 5ettion 1212 of the Companies Act 2006
Council of Church Universities and Colleges (operating as The Calhedrals Group) 12

ststement of financial activities Year lo 31 July 2021
Unrestricted funds
2021
2020
Notes
Inwmefrom
Charitable activities
Advancement of public educatSon
in Church universities and
colleges
Investments
67,083
67,083
50
Total income
6?,085
67,133
Expenditure on
Charitable 3rtivlties
Advancement of public education
in Church universitles and
colleges
Total expenditure
88,332
88.332
95,867
96.867
Not empendituie and net movement in fvnds
1212471
129.7341
Reconciliation of fund5
Balances brought fonvard at l August
Balances carrled forward at 31Julv
109.638
8B.391
139.372
109.638
There 15 no dlfference between the net movement in funds stated above, and the historical
cost equivalent.
All of the charity's artlvlties derived from continuing operations during the above two financial
periods.
Counc51 of Church Universities and Colleges {operating as The Cathedrals Group) 13

Balance sheet 31 July 2021
2021
2020
Notes
Current assets
Debtors
Cash at bank and in hand
1,533
93,116
94,649
11.765
179,81L
191,576
Creditors.. amount5 falling due within one
vear
Net current ossets Itotal net a55et$
16,2581
88.391
IBI,9381
109.638
The funds of the Charity..
Unrestrirted incomefund5
General fund
Totsl funds
88.391
88391
109,638
109,638
Approved by the Executive Committee
and signed on its behalf bv..
The Reverend Canon Professor Peter Neil
Chair
Approved on:
Council of Church Universities and Colleges (operating as The Cathedrals Group) 14

Princlpal accountlng policies 31 July 2021
The principal accounting policies adopted, judgements and key sources of estimation
uncertainty in the preparation of the accounts are laid out below.
Basis of preparotion
These accounts have been prepared for the year to 31 July 2021.
The accounts have been prepared under the historical cost convention with item5 recogntsed
at cost or tran5artion value unle55 Otherwise stated in the relevant accounting policies below
or the notes to these accounts.
The accounts have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Prartice applicable to charitie5 preparing their accounts in
accordance with the Financlal Reporting Standard applicable in the United Kingdom and
Republic of Ireland IFRS 1021 (Charitie5 SORP FRS 1021, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
The accounts are presented In sterling and are rounded to the nearest pound.
Assessment of going concern
The trustees have assessed whether the use of the going concern assumption is appropriate in
preparing these accounts. The trustees have made thi5 assessment in respect to a period of
one year from the date of approval of these accounts.
Trustees acknowledge and recognise the potential impact of the COVID-19 pandemic on the
future operations of the charlty, its beneficiaries, partners and stakeholders and on wider
society. The trustee5 of the ch?rity have concluded that there are no material uncertainties
related to events or conditions that may cast significant doubt on the ability of the charity to
continue a5 a going concern. The trustee5 are of the oplnion that the charity will have sufficient
resources to meet its liabililies as they fall due.
Income recognition
Income is recognised In the period in which the charity has entitlement to the income, the
amount of income can be measured reliably, and it is probable that the income will be received.
Income comprises donations, membership subscriptions and bank interest.
Council of Church Universities and Colleges (0￿rating as The Cathedrals Group) 15

Principal accounting poli¢les 31 July 2021
Income recognitlon Icontinuedl
Donations are recognised when the charity has confirmation of both the amount and
settlement date. In the event of donations pledged but not received, the amount is accrued for
where the receipt is considered probable. In the event that a donation is subject to conditions
that require a level of performance before the charity is entitled to the funds, the income is
deferred and not recognised until either those conditions are fully met, or the fulfilrnent of
those conditlons is wholly within the control of the d)arity and it is probable that those
conditions will be fulfilled in the reporting peri¢xl.
Membership subscriptions are calculated on an instltutional basi5, and by refe￿nce to student
numbers, plus a flat rate, and are accounted for in the period to which they relate. Subscription
rates are set annuallv.
Expenditure recognition
Liabilities are recognised as expenditure as 500n as there is a legal or constructive obligation
committing the chèrity to make a payment to a third party, it is probable that a transfer of
economic benefits will be required in settlement and the amount of the obligation can be
measured reliably.
Expenditure on the advancement of public education in Church universitie5 and colleges
includes such expenditure as=
• Accommodation, staff 5UPPOrt and office expenses
• Conferences and meetings
• Consultancy
+ Support costs including governance costs
All expenditure is accounted for on an accrua15 basis and is recognised when there 15 a legal
and constructlve obligation to make a payment and includes any attributable VAT which cannot
be recovered.
Cash flow statement
The accounts do not include a cash flow Statement because the charity, as a small reporting
entity, is exempt from the requirement to prepare such a statement under the Charities SORP
IFRS 1021 Update Bulletin l.
Debtors
Debtors are recognlsed at their settlement amount, less any provision for non-recoverability.
Prepayments are valued at the amount prepaid.
Council of Church Universities and Colleges (operating as The Cathedrals Group) 16

Principal accounting policies 31 July 2021
Cash at bank and in hand
Cash at bank and in hand represents such accounts and instruments that are available on
demand or have a maturity of le5S than three months from the date of acquisition.
Creditors and provisions
Creditors and provisions are recognised when there is an obligation at the balance sheet date
as a result of a past event, it is probable that a transfer of economic benefit will be required in
Settlement, and the amount of the settlement can be estimated rellably. CredStors and
provisions are recognised at the amount the charity anticipates r( will pay to settle the debt.
Funds structure
Unrestricted funds comprise those funds which the Executive Committee are free to use in
accordance with the charitable objects of the Council.
Council of Church Universities and Colleges (operating as The Cathedrals Group) 17

Notes to the accounts 31 July 2021
1 Charitable activities
2021
2020
AdvancemeDt of publlc educatlon in Church
unl¥ers5tSes and Colleges
Mernbership subscription5
67,083
67,083
67,083
67,083
2 Cost of charitable activities
2021
2020
Advancement of publir education in Church
universities and colleges
Accomrnodation, staff 5UPPOrt and offlce
eKpen5es
Conferences and meetings
Funding of research project5
CG Class of 2020 Careers fvnd
Webslte & Brand Development
Policy & Communications
Other costs
Auditorfs remuneration
53,134
2,968
3,620
19.390
4,37Z
197
56,140
12,824
7,942
15,252
1,874
20
4.661
88.332
2,815
96,867
3 T3xation
Council of Church Universities and Colleges (operating as The Cathedra15 Group) is a registered
charity and therefore is not liable to taxation on income or gains derfved from its charitable
actlvities, as it falls within the various exemptions available to registered charsties.
4 Executive Committee remuneration, expenses and transactions with Member5
The members of the Executive Committee consider that they comprise the key management
personnel of the charity in charge of directing and controlling, running and operating the
charity on a day to day basis.
No member of the Executive Committee, or any persons connerted with them, received anv
remuneration from the Council during the year12020 - £nill.No expenses were reimbursed to
any members of the Executive Commlttee during the year 12020 £nill. All travel and
subsistence expenses associated with the business of the Executive Committee are met by the
members, institutions.
Most of the members of the Executive Committee are employed by universities and colleges
who are Members of the charity. Membership fees to these organisations are charged on an
arm's length basis. Some of these organi5ations also provide administrative and other services
to the charity. During the year to 31 July 2021, £51,146 wa5 incurred for salary and
administration costs. which was incurred by York St John University and Bishop Grosseteste
Univer51ty incurring £46,146 and £5,000 respectively12020- £54,3631.
Council of Church Universities and Colleges (operating as The Cathedrals Group) 18

Notes to the accounts 31 July 2021
5 Debtors
2021
2020
Other debtors and prepayments
1,533
1.533
11,765
11,765
6 Creditors.. amounts falling due within orie year
2021
2020
Accruals
6.258
6,258
81,938
81.938
7 Related party transactions
Other than the transactions disclosed in note 4, there are no further related party
transactions to disclose.
Council of Church Universities and Colleges (operating as The Cathedrals Gioup) 19