CHRIST'S COLLEGE CANTERBURY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
2025
2024
$000
$000
4 Revenue (i) Other exchange revenue Acceptance or registration fees and sponsorship
603 694
117 516 959
Uniform shop revenue
Worsley Spur default Interest
-
Sundry revenue
2,694 3,991
1,095 2,687
Total other exchange revenue
In 2024 $1.89m of Sundry revenue for the recovery of costs associated with school trips and events was netted against expenses. In 2025 the gross revenues and expenses are shown. There is no profit impact from the change in treatment and the change does not materially affect the users of the financial statements.
(ii) Government Grants Government Grants
1,142 1,142
1,110 1,110
$
$
The Ministry of Education pays a rate per domestic student:
Years 9 - 10 Years 11 - 13
1,218 1,850
1,234 1,874
Government Grants are "Operational Activities Grants" received during the year.
2025
2024
5 Realised and Unrealised gains and (losses)
$000
$000
(i) Realised gains and (losses) Financial instruments
(76) (76)
(33) (33)
Total realised gains and (losses)
(ii) Unrealised gains and losses Managed funds
9,374
3,382
Investment properties Financial instruments
(769)
-
-
8
Total unrealised gains and (losses)
8,605
3,390
Total realised and unrealised gains and (losses)
8,529
3,357
2025
2024
6 Other Expenses
$000
$000
Audit fees Bank costs
50
43
174 560
152 184
Professional services
Tuition and boarding expenses
4,205
3,787
Commission on International Students
74
75
Property expenses
4,357 1,336
4,308 1,244
Insurance
Uniform Shop Purchases Management Fees Other expenses Total other expenses
564 162
272 192 574
2,690
14,172
10,831
2025 In 2024 $1.89m of Other expenses associated with school trips and events was netted against the income recovered for those events. In 2025 the gross expenses and revenues are shown, with no impact on profit from the change in treatment. The change does not materially affect the users of the financial statements. 2024
28
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