The Council have received the following information from the Finance Committee which they now publish to the University.
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 | Deductible Items not included in Assessable Income | Excess of Deductible Items brought forward from previous years | Net Assessable Income | Gross Contribution | Set off therefrom | Net Contribution | |
| £'000 | £'000 | £'000 | £'000 | £'000 | £'000 | £'000 | |
| Christ's | 1,300 | 911 | - | 389 | 19 | - | 19 |
| Churchill | 882 | 675 | - | 207 | 6 | - | 6 |
| Clare | 1,728 | 624 | - | 1,104 | 118 | - | 118 |
| Clare Hall | 91 | 119 | - | - | - | - | - |
| Corpus Christi | 988 | 870 | - | 118 | 4 | - | 4 |
| Darwin | 417 | 335 | - | 82 | 2 | - | 2 |
| Downing | 786 | 588 | 198 | - | - | - | - |
| Emmanuel | 1,837 | 962 | - | 875 | 83 | - | 83 |
| Fitzwilliam | 329 | 496 | 361 | - | - | - | - |
| Girton | 838 | 778 | - | 60 | 2 | - | 2 |
| Gonville and Caius | 1,820 | 1,223 | - | 597 | 42 | - | 42 |
| Hughes Hall | 215 | 266 | 204 | - | - | - | - |
| Jesus | 1,346 | 626 | - | 720 | 60 | - | 60 |
| King's | 2,873 | 3,734 | - | - | - | - | - |
| Lucy Cavendish | 133 | 257 | - | - | - | - | - |
| Magdalene | 873 | 496 | - | 377 | 18 | - | 18 |
| New Hall | 625 | 946 | 1,349 | - | - | - | - |
| Newnham | 1,272 | 951 | - | 321 | 10 | - | 10 |
| Pembroke | 1,204 | 1,002 | - | 202 | 6 | - | 6 |
| Peterhouse | 1,123 | 498 | - | 625 | 46 | - | 46 |
| Queens' | 974 | 676 | - | 298 | 11 | - | 11 |
| Robinson | 381 | 503 | - | - | - | - | - |
| St Catharine's | 1,106 | 767 | - | 339 | 15 | - | 15 |
| St Edmund's | 6 | 95 | - | - | - | - | - |
| St John's | 4,689 | 2,274 | - | 2,415 | 315 | - | 315 |
| Selwyn | 703 | 702 | - | 1 | - | - | - |
| Sidney Sussex | 1,392 | 705 | - | 687 | 54 | - | 54 |
| Trinity | 19,098 | 6,973 | - | 12,125 | 1,771 | - | 1,771 |
| Trinity Hall | 1,493 | 936 | - | 557 | 36 | - | 36 |
| Wolfson | -43 | 400 | - | - | - | - | - |
| 50,479 | 30,388 | 2,112 | 22,099 | 2,618 | - | 2,618 | |
| Transferred to the
Colleges Fund under Statute G, II, 13 | 2,618 | ||||||
| Totals in financial
year 2003-04 | 49,457 | 33,181 | 697 | 18,820 | 2,775 | 50 | 2,725* |
* The total net contribution in the financial year 2003-04 included a voluntary contribution of £500,000 from Trinity College.
The Council have received the following report from the Committee of Management of the Colleges Fund which under Regulation 4 for the Fund (Statutes and Ordinances, p. 905) they now publish to the University.
1. The amount of money available in the Fund for distribution in 2005 is approximately £2,620,000.
2. The Committee of Management has approved the following grants to the corporate capital of Colleges to be paid on 30 June 2005:
| £ | |
| Churchill | 60,500 |
| Clare Hall | 86,000 |
| Darwin | 125,100 |
| Downing | 20,900 |
| Fitzwilliam | 282,200 |
| Girton | 62,600 |
| Hughes Hall | 249,200 |
| Lucy Cavendish | 183,200 |
| Magdalene | 5,200 |
| New Hall | 283,100 |
| Robinson | 315,800 |
| St Catharine's | 103,400 |
| St Edmund's | 280,900 |
| Selwyn | 186,500 |
| Wolfson | 375,400 |
| TOTAL | 2,620,000 |
3. These grants have been calculated by using the model of a standard College with a basic requirement for endowment. The figures take account of the actual endowment requirements of the relevant applicant College, having reference to numbers of undergraduates, full-time equivalent fee-paying graduates, Fellows, and College Teaching Officers.
4. The Committee of Management does not intend to make any one-off grants in addition to the endowment-based grants listed above.