Summary Statement of Financial Activities:
s i r r i c h a r d s ta g g
S U M M A RY B A L A N C E S H E E T
AT 3 1 A U G U S T 2 0 1 9
2019 2018
(£’000) (£’000)
FIXED ASSETS
Tangible fixed assets
102,707
Investments
265,574
98,609
268,461
368,281
367,070
NET CURRENT ASSETS
14,705 6,768
TOTAL ASSETS LESS CURRENT LIABILITIES
382,986
Other liabilities and provisions
373,838
(11,780) (4,752)
NET ASSETS
371,206 369,086
REPRESENTED BY:
Endowed funds
327,444
Restricted funds
6,234
Unrestricted funds
37,528 329,808
3,027
36,251
371,206 369,086
Report by the trustees on the Summarised Financial Statements
The summarised financial statements are extracted from the full annual Report and Financial Statements,
which were approved by the Warden and Fellows and signed on their behalf on 7 December 2019
and on which the auditors Crowe U.K. LLP gave an unqualified audit report on pages 29 and 30.
The auditors have confirmed to the Warden and Fellows that, in their opinion, the summarised
financial statements are consistent with the full financial statements for the year ended 31 August 2019.
These summarised financial statements may not contain sufficient information to gain a complete
understanding of the financial affairs of the charity.
The full Report of the Warden and Fellows, Financial Statements and Auditors’ Report may be
obtained from the Chief Accountant at the College.
Signed on behalf of the Warden and Fellows.
Sir Richard Stagg
February 2020
The Wykeham Journal 2019 51