Page 88 - Annual Review - Year Ended 31 July 2023

Notes to the the financial statements for the the year ended 31 July 2023
5 Subsidiary undertakings
Results per subsidiary financial statements £
Turnover 1 1 1 188 810
Consolidation entries £
- (40 169) 30 900
(9 269) 107 775
98 506
98 506
180 236
278 742
Year ended 31 July 2023
£
1 1 1 188 810
- (296 109)
892 701 (584 738)
307 963
307 963
- 307 963
2023
£
773 760 (682 960)
90 800
809 89 991 - 90 800
Year ended 31 July 2022* £
793 396 - (195 645)
597 751 (555 894)
41 857
41 857
- 41 857
2022 £
380 811 (319 232)
61 579
809 89 991 (29 221)
61 579
a a Malvern College Enterprises Limited
The College owns 80 900
of the total ordinary share share capital consisting of 80 900
ordinary shares of of £0 01 each of of Malvern College Enterprises Limited
(Company no: 02706656) which is engaged in in in the business of letting facilities at the College and and supplying uniforms and and sportswear to the College and its pupils via a a a a third party The remaining share is held by the Malvernian Society Ltd Its trading results for the year to 31 July 2023
as extracted from the audited financial statements are summarised in the above left table The assets and liabilities of the subsidiary Malvern College Enterprises Limited
are summarised in the below left table Inter-group income Cost of sales
Operating profit Profit before tax and Gift Aid
Gift Aid
Retained profit for the year * After consolidation adjustments
Current assets Creditors: amounts falling due within one year Net current assets Representing:
Share capital Share premium
Profit and loss account
Total shareholders funds
40 169 (327 009)
901 970 Administration (692 513)
Gross profit 209 457
209 457
(180 236)
29 221 88 MALVERN COLLEGE (INCORPORATED UNDER ROYAL CHARTER)