Summary Balance Sheet A T
31 AU G U S T 2 018
2018 2017
(£’000) (£’000)
FIXED ASSETS
Tangible fixed assets
98,609
Investments
268,461
98,983
258,201
367,070
357,184
NET CURRENT ASSETS
6,768 9,622
TOTAL ASSETS LESS CURRENT LIABILITIES
373,838
Other liabilities and provisions
366,806
(4,752) (6,592)
NET ASSETS
369,086 360,214
REPRESENTED BY:
329,808
Endowed funds
3,027
Restricted funds
36,251
Unrestricted funds 327,443
701
32,070
369,086 360,214
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 1 December 2018 and on
which the auditors Crowe U.K LLP gave an unqualified audit report on page 29.
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 2018.
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.
Charles Sinclair
February 2019
The Wykeham Journal 2018 47