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REPORTS

Report of the Council on College contributions in the financial year 1998-99

The Council, having received the relevant information from the Finance Committee, beg leave to report to the University as follows:

The audited accounts of the Colleges have been received and enquiries, where appropriate, have been made to ensure that the contributions of Colleges have been calculated in accordance with the provisions of Statute G, II.

The following table gives the net assessable income of each College, the gross contribution, and the net contribution to be made.

  Assessable Income from Accounts IA and IB Deductible Items not included in Accounts IA and IB Excess of Deductible Items brought forward from previous years Net Assessable Income Gross Contribution Set off therefrom Net Contribution
£ £ £ £ £ £ £

Christ's 1,089,056 930,059 136,961 22,036 1,204 1,204
Churchill 1,186,094 983,834 202,260 19,226 19,226
Clare 1,766,442 1,388,273 188,782 189,387 17,939 17,939
Clare Hall 196,217 265,887
Corpus Christi 1,383,132 802,253 580,879 57,088 57,088
Darwin 456,131 347,401 108,730 9,873 9,873
Downing 839,658 764,453 75,205 6,520 6,520
Emmanuel 2,393,953 785,765 1,608,188 159,819 350 159,469
Fitzwilliam 577,017 636,626
Girton 1,297,948 1,194,680 103,268
Gonville and Caius 2,639,165 2,705,499
Hughes Hall 99,546 257,553
Jesus 2,034,107 1,183,883 850,224 84,022 84,022
King's 2,035,901 2,212,698
Lucy Cavendish 255,338 257,883
Magdalene 619,870 646,666
New Hall 658,414 686,007
Newnham 1,214,644 1,218,391
Pembroke 937,124 1,192,536
Peterhouse 1,406,973 1,472,479
Queens' 881,734 1,071,635
Robinson 453,487 748,561
St Catharine's 826,081 862,486
St Edmund's 191,133 186,244 4,889
St John's 4,698,464 1,824,203 2,874,261 286,426 286,426
Selwyn 959,505 536,202 423,303 41,330 41,330
Sidney Sussex 1,078,999 805,478 273,521 26,352 26,352
Trinity 17,321,915 11,269,897 6,052,018 604,202 604,202
Trinity Hall 1,111,852 870,753 241,099 23,110 23,110
Wolfson 119,631 402,553

  £50,729,531 £38,510,838 £429,011 £13,506,000 £1,337,111 £350 £1,336,761
Transferred to the Colleges Fund under Statute G,II,13 £1,336,761

Totals in financial year 1997-98 £48,222,001 £34,938,572 £1,186,682 £14,232,977 £1,410,447 £350 £2,410,097*

* The total net contribution in the financial year 1997-98 included an additional voluntary contribution of £1m made by Trinity College.

Following the agreement recently concluded about the future public funding of College fees, the Council intend shortly to bring forward proposals for the amendment of Statute G, II which will introduce certain changes in the assessment of College contributions in future.

22 February 1999

ALEC N. BROERS, Vice-Chancellor DONALD LAMING JEREMY SANDERS
A. L. R. FINDLAY JOHN A. LEAKE M. SCHOFIELD
DAVID HARRISON HOLLY LINKLATER R. B. L. SCOTT
B. A. HEPPLE M. D. MACLEOD DAVID M. THOMPSON
BRIAN F. G. JOHNSON MARK RHINARD

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Cambridge University Reporter, 24 February 1999
Copyright © 1999 The Chancellor, Masters and Scholars of the University of Cambridge.