Extraordinary General Meeting of OC Society - online

Date February 17, 2022
Time 15:00 to 16:00  +0000
This event is not open for registrations
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The link to join the EGM is:

https://cliftoncollege.zoom.us/j/5160626182
Password JHG

The Agenda is:
1. Approval of the 2020 Accounts
2. Appointment of auditors
3 .Appointment of a new Treasurer

Honorary Treasurer’s Report

This report consists of two parts.
First, there are the summary accounts of the Old Cliftonian Society. This is a members' club and the accounts are not published elsewhere. The information contained within this section is only part of the Society's full audited financial statements and as such the auditor's full statements and associated notes are not listed within this magazine. If you would like a copy of the full financial statements, these are available to members on request from Jo Greenbury at the Old Cliftonian Society Office.
Secondly, there are the summary accounts of the Clifton College Endowment Fund, a registered charity. The full accounts are available on the Charity Commission website. The Trustees are the members of the OC Executive Committee.
The auditor's report on the financial statements was unqualified. 


The Old Cliftonian Society

The Society receives life membership subscription income and voluntary contributions from past and present members of the school. These cover the bulk of the costs of running the society, including subsidies for OC reunions, Branch dinners, the OC Magazine and the website, as well as various OC sporting activities. The Society's funds can also be applied for the benefit of the school, as they have been during 2020 with the Covid Bursary fund. 
Grants and exceptional expenditure can be met from capital, but it is the Executive's intention that the Society should always keep an amount equal to at least one year's expenditure on deposit. Current reserves exceed this level.


Accounts 2020 CCEF Text
Accounts 2020 CCEF Table
 
OCS Accounts Table


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