From the Chair Jeremy Johnson KSM
It is my pleasure to provide you the Christ’s College annual report, which marks a revised approach to reporting to our community. The Warden and Fellows, with the Headmaster, are ambitious for Christ’s College to become New
Zealand’s leading secondary school for boys. Transparency about what that means — our KPIs, and how we measure against our strategic priorities — is an important discipline. As this report shows, and thanks to the hard work of the Headmaster and staff, we have already made considerable progress towards those goals. The financial statements are consolidated for both Christ’s College and the Foundation. They show a good overall result, with a significant reduction in debt. Just as important is the discipline brought to the operations of College itself. The accompanying tables set out the performance of College and the Foundation separately. From those you will see that, while College ran at a trading loss, it was — for the first time in some years — a materially improved result against the budget set. That operational discipline, which should bring College close to break-even this financial year, means that as we prepare the budget for next year, we will be looking to invest further in our programmes and buildings. Finally, this report is, at heart, a record of our progress in educating our boys to be young men of virtuous character, and in supporting them to achieve at the highest level. Bene tradita bene servanda.
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