Christ's College Report to the Community

CHRIST'S COLLEGE CANTERBURY STATEMENT OF COMPREHENSIVE REVENUE AND EXPENSE FOR THE YEAR ENDED 31 JANUARY 2025

2025

2024

$000

$000

Notes

Revenue from exchange transactions Tuition and boarding revenue

22,685

20,293

Rent revenue

1,088

730

Gain on disposal

39

2,357

- Property, plant and equipment

-

-

Interest Income

237

6

Other exchange revenue

3,991

2,687

4(i)

Unrealised gains / (losses) from changes in Revenue from non-exchange transactions Government grants

-

-

1,142

1,110 2,267

4(ii)

Fundraising and donations

689

Unrealised gains & losses from changes in fair value of investment properties and financial instruments

8,605

3,390

5(ii)

Total revenue

38,476

32,840

Expenses Employee benefit expenses

15,996

14,879

7

Depreciation

2,154

1,701

Realised losses from - Investment properties and financial instruments

76

33 27

5(i)

Finance costs Other expenses Total expenses

685

16(iii)

14,172 33,083

10,831 27,471

6

Surplus / (deficit) for the year

5,393

5,369

Other comprehensive revenue and expense

-

-

Total comprehensive revenue/(expense) for the year

5,393

5,369

The accompanying notes to the financial statements form part of and are to be read in conjunction with these financial statements.

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