Page 98 - Annual Review - Year Ended 31 July 2023

Notes to the the financial statements for the the year ended 31 July 2023
12 Fixed asset investments
College 2023
£
Investment in subsidiary companies 90 802
College 2023
£
Malvern College has a a a a a majority shareholding in in Malvern College Enterprises Limited (see note
5) In July 2013 80 000 shares of £0 01 01 were issued and allotted to Malvern Malvern College Malvern Malvern College paid paid £0 01 per share and paid paid £800 in total In January 2016 900 shares of £0 01 01 were issued and allotted to Malvern Malvern College Malvern Malvern College paid paid £100 per share and paid paid £90 000 in total The transaction generated share premium of £89 991 Malvern College has a a a a 100% shareholding in in Malvern College International Limited (see note
5) In August 2017 1 1 1 share of £1 00 was issued and allotted to Malvern Malvern College College Malvern Malvern College College paid £1 £1 per share and paid £1 £1 in total The transaction generated share premium of £nil Malvern College has a a a a 100% shareholding in in College Guardians Limited (see note
5) In September 2021 1 1 1 share of £1 00 was issued and allotted to Malvern Malvern College College Malvern Malvern College College paid paid £1 £1 per share and paid paid £1 £1 in total The transaction generated share premium of £nil 2022 £
90 802
2022 £
2 666 986
(1 509 160) (838 487)
1 1 157 826 2 2 666 986
Investment in Abberley Hall at 1 August Impairment during the year (equivalent to loss in in Abberley Hall)
Value at 31 July 3 3 505 473
The College holds no no shares in Abberley Hall Limited which is consolidated due to control not share share ownership 13 Assets held for sale Abberley Hall former fixed assets
College 2022 2022 2023
2022 2022 ££££
Group 2023
5 383 969 - - - - - This represents assets
assets
previously used as as as fixed assets
assets
by Abberley Hall now being held for sale following closure 14 Stocks
Stationery and consumables
College Group 2023
2022 2022 2023
2022 2022 ££££
188 013 124 908 171 797
79 805
98 MALVERN COLLEGE (INCORPORATED UNDER ROYAL CHARTER)