Investing in the future
WINCHESTER COLLEGE ANNUAL REPORT 2010 Contents
From the Warden & the Headmaster 2 Sir David Clementi & Dr Ralph Townsend
A Financial Report from the Bursar 5 Jeff Hynam
Investing in the future—Jonathan Davis 8 Bursaries – the way forward—Paul Dennett 10 A view from the East—Priscylla Lim 14 A chance to shine—Jen Weeks 18 Meeting the carbon challenge—Oliver Thorold 22 A sporting chance—Sam Hart 26
A Report from the Chairman of the 30 Investment Committee Mark Loveday
Summary statement of financial activities 32
Summary balance sheet 33
A Report from the Chairman of the 34 Development Committee Robert Woods
Acknowledgements 38 Benefactors, Patrons, Donations and Legacies
Governing Body and Committees 48
Contact details inside back cover
WINCHESTER COLLEGE ANNUAL REPORT 2010 49 Welcome to Winchester College
Welcome to our annual report for 2010, the year in which Winchester College became a Registered Charity. Whilst this marks a new development in the School’s charitable status, the educational benefit we offer has been accessible to a wide constituency for over 600 years.
In 1382, the Founder, William of Wykeham, put up buildings in which seventy poor boys could live and learn, funded entirely out of the endowment he left. That principle has been in place ever since. The reforms in funding procedure stimulated by the Charity Commissioners are consistent with Winchester’s pursuit not of elitism but of excellence. And this excellence is shared and broadened not only in creating access for boys of ability who want to join our school, but also through our commitment to the community. In this annual report we tell the continuing story of the School’s activities and developments as well as offering a transparent account of its current financial position.
WINCHESTER COLLEGE ANNUAL REPORT 2010 1 From the Warden & the Headmaster Sir David Clementi (E, 1962-67) & Dr Ralph Townsend
Sir David Clementi Warden Dr Ralph Townsend Headmaster
The year 2011 sees the four-hundredth Gospels, the Acts of the Apostles and the Book of anniversary of the publication of Revelation for the KJV. This work he carried out in the Warden’s Lodgings, in the room which now bears the King James Version of the Bible. his name and holds the unique collection of foreign- Exhibitions are planned all over the language bibles bequeathed by him to the College. country to celebrate what is commonly Until last year, Winchester did not possess a first recognised as one of the great literary edition of the KJV, but this ironic gap was filled achievements in the history of when the Warden and Fellows collectively donated English literature. that volume, now placed in a display case specially made for it and housed in the Warden Harmar Room. Winchester College was intimately involved in the This volume will be the centrepiece of the exhibition production of the KJV and we shall be holding our currently being arranged by the Fellows’ Librarian, own exhibition in School over the summer months. Dr Geoffrey Day, with the professional assistance John Harmar (1555-1613), Headmaster (1588-1595) of Mr Paul Quarrie. The exhibition will be open and Warden (1596-1613) was one of the great Greek to the general public during August. In September scholars of his day, holding the post of Regius all Wykehamists will be introduced to the exhibition Professor of Greek at Oxford from 1585-1590. as part of their Div programme, and schools He was responsible for the first Greek book printed from around the county will also be given an at Oxford, and in 1604 he was assigned as one of the opportunity to visit. Oxford scholars to work on the translation of the
WINCHESTER COLLEGE ANNUAL REPORT 2010 2 Looking back over the past year, the School is in good heart. The first results of the Cambridge Pre-U examination, of which Winchester is the flagship, were excellent and justify our decision to embrace this more challenging credential to underpin our senior academic programme.
Sir David Clementi Warden & Dr Ralph Townsend Headmaster
The Winchester Bibles Exhibition will be the central each symposium). An invited guest expert leads the event of 2011. All members of the Winchester day, in which a key-note talk is followed by group College Society and the Friends of the College will projects and discussion. A formal lunch is held in be invited to come and see it. School to provide an opportunity for wider intellectual and social engagement. The symposium Looking back over the past year, the School is in held in November 2010 was the tenth in the series good heart. The first results of the Cambridge Pre-U and was made up of groups working in Art History, examination, of which Winchester is the flagship, Economics, German and Design Technology and were excellent and justify our decision to embrace included girls from Downe House, Midhurst Rother this more challenging credential to underpin our College (for more on our links with MRC see Jen senior academic programme. Our Oxbridge and Weeks’s article later), St Swithun’s and City of US Ivy League numbers continue to be high. London Girls. Several of our 2010 leavers won prestigious awards to US universities. Our success in cricket, rackets Other meetings have included girls from St Mary’s and fives places Winchester at the top of those Calne, St Mary’s Ascot, North London Collegiate and sports nationally. Sam Hart reports on the progress Godolphin School, Salisbury. At the annual Studium of sport in the School in pages that follow. Music (a regular feature since 2002), held in October, when permeates the School’s daily life, as is evidenced in normal lessons are suspended for a day, the School the regular recordings produced by Chapel Choir welcomed among its guest speakers Sir Sherard and by Glee Club’s performances of such summits Cowper-Coles (on Afghanistan), John Pilkington of the repertoire as Bach’s B Minor Mass (performed (on ‘The Axis of Evil’), Alex Figden and Josh Ellis in the Cathedral in November 2010). (on information security), Charles Barda, Adrian Hornsby, William Shield and Malcom Moore (on As Jonathan Davis notes in this report, Winchester China), Ava Easton (on research on encephalitis), has in recent years eschewed any tendency to be Rear Admiral John Lippiett (on the Mary Rose), insular. As a matter of custom we welcome many Robert Hall (on the news machine), Lord Lawson visitors to the School as part of our academic (on global warming policy), Anthony Smith (on programme. For several years now two boys from the Charles Darwin), Oliver Kamm (on the economy), Johannes Kepler Grammar School in Prague, with the Bishop Michael Nazir-Ali (on the place of moral and status of Exhibitioner, have joined us for the whole of spiritual tradition in decision-making in the public Common Time, reminding Wykehamists they are not sphere), Professor Peter Littlewood (on chaos always the best mathematicians in Europe! Since 2006 theory) and Anil Gupta (on writing comedy). we have held a Winchester Symposium twice a year, in February and November, when sixth formers from Dons’ Common Room continues to be a lively, various girls’ schools join our boys for a Sunday of scholarly, harmonious assembly of excellent teachers and specialist advanced study. The day is planned around schoolmasters, and the pastoral care of the boys is in the four subject areas (there is a different combination for hands of a team of highly professional Housemasters.
WINCHESTER COLLEGE ANNUAL REPORT 2010 3 The Governing Body underwent a thorough currently studying at university who will form a appraisal by the Chairman of the Association of close-harmony choir as a specially-constituted Governing Bodies of Independent Schools in Cantores Episcopi. The Headmaster will address November and was judged to be carrying out its an international conference organised by Chinese affairs very effectively. Two new Fellows have joined educationists in New York in July (as he did in the Governing Body, Mr Charles Sinclair (B, 1961-66), Beijing last summer). and Dr Peggy Frith of New College. While Paul Dennett, in his article which follows, alerts us to the risk in means-testing for all Our registrations for places in the scholarships, the quality of Election candidates in School up to 2014 have never been recent years has been as good as ever. Priscylla Lim, healthier. We feel confident about in her appreciation of Science at Winchester, rightly our future and our distinctive observes that we will not compromise quality with popular “brand”. We do not shrink from searching place in British and international for solutions to challenges ahead, not least the issues education. of sustainability described by Oliver Thorold in later pages. Our registrations for places in the School up Various important events are planned around the to 2014 have never been healthier. We feel confident world during the coming year. At home, the most about our future and our distinctive place in British significant among them will be an Ad Portas and international education. Our ability to enhance ceremony, to be held in May, at which twenty-five access for those who cannot afford the fees without Old Wykehamist Fellows of the Royal Society and financial assistance is growing all the time, thanks to Fellows of the British Academy will be accorded the those generous donors who support our commitment College’s highest honour in being presented formally to building up the endowment for bursaries and for to the School in Chamber Court. The Winchester the maintenance of the Quiristers. We are most International Symposium which met for the first grateful for that support. time in Winchester last March, will this year meet in Nashville Tennessee, where two VI Book Wykehamists will join eighteen of their peers from around the world to study and write together on the theme of Health Care. Immediately after the Symposium the Sir David Clementi Headmaster, the Registrar and the two boys will take Warden part in a day conference with the Education Faculty at the University of Pennsylvania. In April there will be a major gathering of the Winchester community in Hong Kong, with the Headmaster present; Dr Ralph Townsend entertainment will be provided by young OWs Headmaster
WINCHESTER COLLEGE ANNUAL REPORT 2010 4 A Financial Report from the Bursar Jeff Hynam
The College’s subsidiaries are wholly-owned, carry out trading activities and donate their profits to the College through gift aid to benefit its charitable activities. Both traded profitably and the group’s trading activities contributed a net £231,000, a 13% improvement on the previous year. Winchester College Enterprises had a particularly good year. For the third year in a row investment income held steady at just under £1.4 million. The College’s total return approach added a further £743,000 of funds for use by the College. Less positively, interest receivable fell significantly for the second year running as a Jeff Hynam Bursar & Secretary to the Governing Body result of continuing low levels of interest. Grant and donation income increased by £158,000 On a group basis the College generated an operating (10.4%) to £1,675,000. With the introduction of the surplus of £947,000 in the year to 31 August 2010. Wykeham Campaign in spring 2008 to support and Income increased at a greater rate than expenditure increase three key elements of the College’s charitable resulting in a healthier end-of-year position compared activities, provision of bursaries, maintenance of the with the previous year. In addition to fees the College Quirister choral foundation and the preservation of generates income through trading, investments and the College’s ancient buildings, the College invested fund-raising. The College continued its programme of significant time and resources in its fundraising effort major refurbishment of boarding houses, which made and this continuing growth in donations received is up a significant proportion of the total expenditure encouraging. on capital projects of £2.1m. Expenditure. Total expenditure, including scholarships Income. The College’s accounts are consolidated to and bursaries, increased by 0.2% to £23.1m. That costs incorporate the results of its two trading subsidiaries, increased at a slower rate than income reflected the Beam Design Limited and Winchester College College’s efforts to control its costs and promote Trading Company Limited. efficiency, rather than any reduction in the level of its activities or cutting back on its efforts to improve its Gross income for the year was £24m, an increase of teaching and boarding facilities through its major 1.6% on the previous year. Of this gross fee income building maintenance and refurbishment programme. was £19.3m, also an increase of 1.6%. Although fees were put up by 3.5%, pupil numbers were slightly lower than the previous year.
WINCHESTER COLLEGE ANNUAL REPORT 2010 5 For the third year in a row investment income held steady at just under £1.4 million. The College’s total return approach added a further £743,000 of funds for use by the College. Jeff Hynam Bursar & Secretary to the Governing Body
Income (£’000) Teaching and related costs. £8.5m for the year, £7.0m of which was the cost of employing teaching staff. 1 Gross school fee income 19,303 2 Investment income 1,383 Accommodation and Welfare Costs. £3.7m for the 3 Interest receivable 115 year, relating mostly to the cost of running the 4 Grants and donations receivable 1,675 boarding houses and College 5 Trading and other income 1,580 Premises Costs. The College continued to spend Total income 24,056 heavily on its programme to improve boarding accommodation. Total expenditure before depreciation was £4.5m. In addition £1.9m was spent on School Expenditure (£’000) buildings, including £1.4m on the refurbishment of Revenue expenditure Du Boulay’s. A similar refurbishment is currently being undertaken in Hawkin’s and Kingsgate House 1 Teaching 8,454 is scheduled for 2011/12. 2 Accommodation and welfare 3,684 3 Premises, repairs and maintenance 6,023 Support and Other Costs. £2.9m for the year, relating 4 Scholarships and bursaries 1,542 to a range of support functions including academic 5 Quiristers 179 administration and the registry, the bursary, 6 Ancient buildings and collections 301 development office, investment management, audit 7 Support and other costs 2,926 and trading, legal and professional fees and the costs of governance. Total expenditure 23,109 Grants and Awards. These include scholarships, bursaries, Quiristers and other awards. In the year Net income 947 to 31 August 2010 scholarships, bursaries and other awards were given to 191 pupils and totalled £1.5m (2009: 184 pupils; £1.5m). This investment represents nearly 8% of gross fee income, with most of the funding derived from the College’s trusts and Capital expenditure 2,138 endowments. 51 boys (2009: 41) received means- tested bursaries worth £620,000 (2009: £422,000), the equivalent of over 21 full fees. In the current year (2010/11) 48 pupils are receiving means-tested bursaries totalling £701,000. The total ‘spend’ on bursaries has increased significantly over the last eight years, as has the average value per applicant.
WINCHESTER COLLEGE ANNUAL REPORT 2010 6 5 4 3 2
1
Income %
1 Gross school fee income 80.2 2 Investment income 5.7 3 Interest receivable 0.5 The number of bursaries at the ‘higher end’ has also 4 Grants and donations receivable 7.0 increased steadily. In 2010/11 one pupil is fully funded, 5 Trading and other income 6.6 including ‘extras’; two other pupils receive bursaries in excess of 90%, and four more in excess of 80%. A total of 26 out of the 48 receive bursaries in excess 7 6 of 50% and forty out of the 48 in excess of 30%. 5
The policy of the Warden and Fellows in regard to 4 1 awarding grants is consistent with the furtherance of the Charity’s Objects. Scholarships and prizes and most other similar awards are awarded on the basis of merit and educational ability; bursaries are 3 determined on the basis of need. From 2011 all funds awarded from the endowment (whether to parents of 2 Scholars or Commoners) will be by way of a bursary.
Over time it is the College’s aim to be in a position Expenditure % to raise enough endowment to fund the equivalent 1 Teaching 36.6 of 10% of the College on full bursaries and a further 2 Accommodation and welfare 15.9 20% on an average of half a bursary (i.e. about 200 3 Premises, repairs and mainte nance 26.0 4 Scholarships and bursaries 6.7 boys on an average bursary of 66%). It is hoped to 5 Quiriste rs 0.8 achieve this objective by the year 2017. 6 Ancient bu ildings and collections 1.3 7 Support and other costs 12.7 The Quiristers continue to receive 50% remission of fees at Pilgrims’ School and the cost of this to the College was £158,000 (2009: £150,000). This automatic remission will reduce to 40% from September 2011; a fund-raising campaign to provide bursary support for Quiristers has commenced.
Jeff Hynam Bursar & Secretary to the Governing Body
WINCHESTER COLLEGE ANNUAL REPORT 2010 7 Investing in the future Jonathan Davis (Coll, 1967-71) our guest editor this year, arrived at Winchester in 1967. He is encouraged to find that the College is embracing new ideas and looking forward, not back.
The Winchester experience shapes all Financial Times for 15 years; the author of three of us in different ways, not all of them books (with two more in the pipeline); an adviser to some colourful businessmen; a non-executive director evident at the time. I never expected of several companies; creator of the Independent that my working life, after a relatively Investor website; and, not least, for six years unpaid conventional start as a professional chairman of the Savile Club, a wonderful institution journalist, would turn into a portfolio in London’s West End (pictured, right), whose motto career, with alternating periods of “Leave your halo in the hall” perfectly sums up its members’ ingrained aversion to pomposity and self- full-time and self employment across regard in all their forms. (I am happy to say that we a wide range of different activities: have been able to recruit several young Wykehamists writing, editing, publishing, consulting, in the past 12 months, helped by our ultra-low researching, and most recently, starting subscription rates for recent graduates). managing, fundraising and advising in Intellectual curiosity and an appreciation of the beauty the investment business (with the game of physical environment are the two great debts that I of bridge as a compelling sideline). owe to Winchester and the reason I continue to take an active interest in the School. The five short features “Independent and enquiring mind; thinks straight that follow illustrate, I hope, that the College continues and communicates well: cheerfulness allied to to combine its traditional high academic standards antinomian tendencies” was roughly how my with an ability to adapt to new external challenges. housemaster, Martin Scott, categorised this student There have been occasions when, in my experience, at the time, and with the exception perhaps of the the School has seemed somewhat insular and overly antinomian tendencies (a phrase which I remember willing to rest on its laurels. In researching these having to translate rather loosely for the benefit of stories, however, I detect encouraging evidence my mother), that would sum up quite well for me that the pace of innovation is accelerating and a what a Wykehamical education instils in those willingness to reach out to a wider community and fortunate enough to be able to experience it. embrace its concerns is being energetically embraced What a portfolio career lacks in terms of stability and within the School’s beautiful, but (as Oliver Thorold accrued pension benefits is more than compensated helpfully reminds us) far from modern or efficient for, I have found, by a richer variety of experience physical infrastructure. and the freedom to think and structure one’s life independently. It has led me, variously, to be a founding shareholder in The Week; the investment director of a Brazilian farmland fund; a regular Jonathan Davis newspaper columnist In The Independent and
WINCHESTER COLLEGE ANNUAL REPORT 2010 8 Intellectual curiosity and an appreciation of the beauty of physical environment are the two great debts that I owe to Winchester and the reason I continue to take an active interest in the School.
Jonathan Davis
WINCHESTER COLLEGE ANNUAL REPORT 2010 9 Bursaries – the way forward Paul Dennett (Coll, 1988-93) was the beneficiary of financial support as a Wykehamist. Now he makes a career out of helping others enjoy the same advantage.
WINCHESTER COLLEGE ANNUAL REPORT 2010 10 Academic strength has always been at the heart of the School’s distinctive appeal, and continuing to ensure that Winchester draws the most able pupils will be the great challenge as the new system is phased in. Paul Dennett
WINCHESTER COLLEGE ANNUAL REPORT 2010 11 Paul Dennett, a 36-year-old fundraising As only one of two children from a comprehensive consultant, is a poster child for the amongst a crowd of former prep school boys, albeit one who had shown a voracious appetite for reading bursary scheme which is set to become every book he could find in his parents’ house, his the dominant form of financial first reward on arriving at the School was to be given assistance offered by Winchester to the nickname “Kevin” by his fellow Collegemen, attract boys of high academic potential a teenage gesture that he was more than happy to to the School. When he arrived as a take in his stride. It helped, he recalls, that he was 14 on the day he arrived and therefore older, Collegeman in 1988, he was one of only physically larger and more socially experienced two boys from a state school to be on than his contemporaries, many of whom, he recalls, that year’s scholarship roll, his place “had yet to meet, let alone go out with, a girl”. funded by a combination of automatically Although he spent a good part of his five years at remitted fees (the standard scholarship the School in a lower set than his fellow scholars, arrangement, now being phased out) reflecting how far behind in his learning he was on and by bursaries donated anonymously his arrival, he more than made up for it with his by Old Wykehamists and others. energetic involvement in extra-curricular activities. These included a lot of sport, notably squash, To this day he does not know who the benefactors running and Winchester Football (which he loved), were who enabled his parents, a primary school time in the CCF and enthusiastic participation in teacher and retired CEGB engineer from Lymington theatre set design and stage management. He looks in Hampshire, to send him to Winchester. Nor does back on his time at the School as hugely rewarding, he know quite why he was chosen, since his own both for what he learnt, and for the close friendships comprehensive was unable to teach him (or either he was able to forge in a close-knit community. of his two brothers) the trigonometry that was His time at Winchester over, Mr Dennett went on needed to answer most of the questions in the to read psychology at University College, London, maths scholarship exam, and he does not remember and since then to a career, appropriately enough, shining in any particular subject. It may have helped, as a professional fundraiser and development officer, he thinks now, looking back, that when he was with a particular emphasis on secondary and higher called for interview he had not yet decided whether education. His interest, he says, was sparked in part the unexpected opportunity to pursue a Winchester by reflecting on his own good fortune in being education was right for him. He therefore perhaps chosen for Winchester and in part by his early felt he had little to lose and answered more involvement in a school telephone campaign boldly than he felt. (the first of several).
WINCHESTER COLLEGE ANNUAL REPORT 2010 12 775,000 51 48 620,124 41 35 34 422,360 368,074 332,976 303,390 17
05/06 06/07 07/08 08/09 09/10 10/11 Bursaries awarded After 8 years in a variety of roles, including Deputy Bursary investment (£) Director of Development, at UCL, he moved to a job Number of pupils awarded bursaries as head of Charitable Giving at the British Library, and since 2007 has worked as a partner in a specialist consultancy firm which advises schools and universities, amongst others, on their development campaigns. Winchester has been one of the beneficiaries of his professional advice, and he himself has been a regular donor, while acknowledging that he is unlikely to be able to repay the £150,000 odd of fees that his five years at the School would cost, at current prices.
Investing in bursaries He looks back on his time at the School Since the Governing Body decided in as hugely rewarding, both for what he September 2005 to reduce the value of learnt, and for the close friendships he scholarships, greater and greater funds have become available for bursaries. was able to forge. This has allowed the School not just to offer bursaries to more pupils, but also While very pleased with the School’s overdue to deepen those bursaries by increasing decision to put its development campaign into the average value per award, raising the full-time professional hands, he confesses to mixed threshold where parents qualify for bursaries and offering more and more feelings about the plan to phase out automatic “high end” awards. At the same time there remission of fees for scholars in favour of a 100% is no slackening in demand for election to commitment to means-tested bursaries. “On the one College with both the number and quality hand I am delighted that the School will be offering of applicants remaining robust. more boys like me the opportunity to share in a first In the 2005/2006 academic year bursaries class education. Despite initial concerns I might have totalling £303,000 were awarded to just had about the move to 100% means testing putting 17 pupils. In the 2009/2010 year, £620,000 off applicants, I hear that demand for places in was awarded to 51 pupils. In the current College remains as buoyant as ever”. Academic year more than £700,000 has already been strength has always been at the heart of the School’s awarded, with one pupil fully funded, including “extras”, two receiving bursaries distinctive appeal, and continuing to ensure that in excess of 90% and four more in excess Winchester draws the most able pupils will be the of 80%. A total of 26 receive more than great challenge as the new system is phased in. 50% help with school fees.
WINCHESTER COLLEGE ANNUAL REPORT 2010 13 A view from the East Ryan Lim (F, 2003-07) remembers Science School and its dons with particular gratitude. Here his mother records the value of an excellent British education from the Asian perspective.
WINCHESTER COLLEGE ANNUAL REPORT 2010 14 One of the things that impressed me most about Winchester was that it continues to put its commitment to a first class education above the easy commercial gains which could be had by turning the Winchester “brand” into a profit-driven entity. Priscylla Lim
WINCHESTER COLLEGE ANNUAL REPORT 2010 15 Boys from families living overseas, the full five years of the English experience, not just majority of them Asian, now account for to get used to living in a colder climate, but also to ensure that they gain as much as possible from the one in eight of the intake at Winchester, teaching and pastoral care provided by the dons, and their parents provide a useful who in her eyes are “the real unsung heroes” of the alternative perspective on the School Wykehamist experience. As for Ryan, she says, as it is seen from the other side of the “he loved it from day one — the dorm, living with a globe. Priscylla Lim, a businesswoman whole group of boys, going into town, the seasons, the way the dons taught, the beautiful surroundings. and philanthropist whose son Ryan Lim At age 13, Singapore boys are well-equipped to take spent four years in Chawker’s, says that notes, keep books tidy, hand in homework, so the one of the things that impressed her work part was not a big problem. Of course, it is for most about Winchester was that it the parents and the school to be convinced themselves continues to put its commitment to a that the boy is ready for boarding school life”. first class education above the easy To Asian eyes the quirks of life at Winchester can commercial gains which could be had also be a source of amusement, it seems. Mrs Lim by turning the Winchester “brand” describes her son’s dismay at finding, at the start of a new school year, that his bed in Chawker’s had into a profit-driven entity. been placed under a beam, which might be considered A certain otherworldliness is part of the School’s inauspicious by many Chinese. When the issue was charm, she says, and it was one of the reasons why, raised with Ryan’s housemaster Nick MacKinnon, having decided that a British public school education he told him, in time-honoured fashion, to “get on was best for her son, she chose Winchester in with it”. Undeterred, Ryan and his room-mate preference to the alternatives, some with grander removed the bolts which anchored their beds to the pretensions. She doubts that the satellite floor, moved them around so that neither was any establishments which some other public schools longer under the offending beam and placed a mat are starting to set up in Asia, in order to tap into over the evidence of their manoeuvre. It remained the strong regional demand for high quality English undetected for the rest of the year. education, can ever offer an experience to match Clearly a resourceful boy, who raced through his that of physically attending school in England. exams, Ryan left the School after just four years to Nor does she favour the habit of parents sending return for his national service in Singapore, before boys from overseas to spend their last year only at going on to read Law at Oxford. Mrs Lim subsequently school in England. Far better than this “polishing off”, decided to make a donation of his fifth year’s fees in in her view, is that boys should have the benefit of a recognition of all that the dons had done for him.
WINCHESTER COLLEGE ANNUAL REPORT 2010 16 5 1
2 4
3 Expenditure (£)
1 Teaching staff 7,011 2 Teaching other costs 1,443 3 Boarding house and other staff 5,523 “Winchester lives up to its vision and the dons 4 Bursaries, Quiristers and lead by example” she says, naming John Cullerne, Ancient Buildings 2,022 a physics don and housemaster of Trants, as a 5 Premises and other costs 7,110 particular inspiration. The two things Ryan gained most from Winchester were “enjoyment in intellectual challenge, and the friends he has made. Worst thing — he’s learned about English beer, which smells awful to me!” The other thing that defeated her was Winchester College Football: “a tug-of-war plus football-of-sorts whilst hanging on for dear life to a rope, played on a muddy field — I’ve never quite understood the rules nor charms Shaping the future of this Winchester game”. A Winchester education is unique. Our pupils enjoy good teaching and our dons enjoy the liveliness of bright Boys should have the benefit of a full pupils. Our aim is to foster a network five years of the English experience to of good relationships and to ensure ensure that they gain as much as a high level of individual support. Everything we do at Winchester is an possible from the teaching and pastoral aspect of our care of the boys. We think care provided by the dons, “the real of ourselves as a network of friends: subject dons, Div dons and chaplains unsung heroes” of the Wykehamist up to books, and Housemasters with experience. their teams of tutors, matrons and other staff up to House, underpin this network of support. Asked for his suggestions as to how the donation might be used, Ryan himself, says his mother, More than £5 of every £10 of our professed indifference to the fate of the School expenditure is spent on staff, with £3 of that going directly to teaching. Add to buildings, but felt the Science School was the place that the non-staff costs of teaching, and where he had been most inspired and therefore nearly £4 in every £10 is spent on the wanted to benefit the most. The fruit of her donation classroom, even before taking into can be seen today in three proud additions to Science account the costs of maintaining and School; a bust of Darwin, a large mural representation improving our teaching facilities — the of the periodic tables and, most intriguing of all to an div rooms, laboratories, practice rooms enquiring young mind, a working wind tunnel. and workshops which all contribute so much to a Winchester education.
WINCHESTER COLLEGE ANNUAL REPORT 2010 17 A chance to shine Two new initiatives give pupils from a state school in Midhurst the opportunity to be taught by Winchester dons and set their sights on Oxbridge.
WINCHESTER COLLEGE ANNUAL REPORT 2010 18 The programme gives our students a wider learning and cultural experience than they would otherwise expect to have. In a rural area like ours, they typically don’t come into contact with such a diverse group of people and this is an opportunity to broaden their horizons. Miss Jen Weeks, Assistant Principal, Midhurst Rother College
WINCHESTER COLLEGE ANNUAL REPORT 2010 19 Twenty-four students at Midhurst continuation of that tradition, as well as a statement Rother College, an academy in the of intent about the School’s enthusiasm to share West Sussex town of Midhurst, have resources and ideas with the state sector. been able to experience the teaching The Local Governing Body of the academy is chaired of Winchester College dons as part of by David Anderson (Coll, 1969-71), who worked in investment banking after an earlier career in a recent initiative to forge greater links the Army, and includes several others with strong between the independent and state Wykehamist connections, among them the current school systems. The scheme has been Headmaster and Michael St John Parker, a one-time running since January 2009, when the don and now Fellow of Winchester College, new academy formally opened, and may who gave up the exhilarating task of teaching late 19th century economic history to Wykehamists yet develop into a more extensive (myself included) to become the Headmaster of collaboration if the enthusiastic Abingdon School. response of the inaugural group of “Throughout my career as a soldier and as a banker,” students is anything to go by. Mr Anderson, declares on the Midhurst Rother Jen Weeks, Assistant Principal at Midhurst Rother College website, “I have always valued the knowledge, College, believes that the programme is already well sense of intellectual enquiry and analytical ability on the way to achieving its objective, which is to raise that I was encouraged to develop at school”. Two the educational aspirations of students and their separate programmes involving Winchester College, parents at the newly formed academy. The opening one funded by the academy and the other by a of the academy two years ago was part of a wider charity established by City investment bankers, reorganisation of secondary education in the Rother have been established to help academically-minded Valley, a 400 square mile rural catchment area which students realise their own personal ambitions. incorporates the towns of Midhurst and Petworth. The first programme, known as the Aspire programme, The decision to form a link with Midhurst Rother enables 24 of the most academically- gifted GCSE College rather than with another maintained school students to spend two days at Winchester, where has a certain historical resonance in that towards they are taught maths and science by dons, lunch the end of the nineteenth century there were several in College Hall and have the opportunity to mix Wykehamist headmasters of Midhurst Grammar socially with Winchester College boys. Students School and for a time the school included Winchester on this programme also visit St John’s College, Division in its curriculum. Winchester’s decision to Oxford and learn more about the benefits of an contribute the time and expertise of its dons is a Oxbridge education, a destination which in normal circumstances they might never think of entertaining.
WINCHESTER COLLEGE ANNUAL REPORT 2010 20 Working with MRC is an important part of the Community Service programme at Winchester, involving 50 staff and 300 boys in weekly outreach activity.
The second programme, known as Shine, for Year 7 students, enables two dozen 11-year-olds to spend 10 Saturday mornings over the year in lessons at Winchester, with an option of being mentored by 4th year Winchester boys (a practice that might have been quite dangerous in my time). “The programme” says Miss Weeks “gives our students a wider learning and cultural experience than they would otherwise expect to have. In a rural area like ours, they typically Realising potential don’t come into contact with such a diverse group Midhurst Rother College is an Academy of people and this is an opportunity to broaden opened in January 2009. It is sponsored their horizons”. by the United Learning Trust (ULT) in conjunction with Winchester College Contributing the time and expertise and the University of Chichester. of dons from the School is a statement Winchester College contributes no fewer than six governors to the board of the of intent about Winchester’s willingness academy adding academic rigour and to share resources and ideas with the aspiration to the new academy. state sector. Winchester is proud to partner MRC and share facilities, teaching and staff training. Three core areas of activity: Feedback to date from both students and parents science, sport and music deliver benefit for both schemes has been very positive, so much to pupils and staff at both establishments. so that more than half of the group which visited Science dons have taught at MRC and Oxford now say that they are considering applying academy pupils have visited Winchester to Oxbridge and most also, reports Miss Weeks, for lessons. with undisguised enthusiasm, now “cannot wait to Football matches have been played get to lessons on Saturday mornings”. The hope is between the schools and other sports that students on the Shine programme, which runs are planned. for three years, will graduate in due course to the Music workshops have brought pupils Aspire programme and set their sights, if appropriate, together to learn technical proficiency. on a place at Oxbridge. The Aspire programme enables MRC students to see St John’s College Oxford courtesy of Harold Carter (Past Parent) an MRC governor and Fellow of St John’s.
WINCHESTER COLLEGE ANNUAL REPORT 2010 21 Meeting the carbon challenge Oliver Thorold (D, 1958-63) is hoping that other Old Wykehamist donors will come forward to share his enthusiasm for “greening” the Winchester College estate.
WINCHESTER COLLEGE ANNUAL REPORT 2010 22 Donors have the power to help achieve broader objectives for which the College itself, faced as it is with a myriad of financial pressures, cannot always immediately fund from its own internally-generated financial resources. I would be very happy if this strikes a chord with others and prompts them to get involved. Oliver Thorold
WINCHESTER COLLEGE ANNUAL REPORT 2010 23 When Oliver Thorold (D, 1958-63) sent Following a meeting with the Bursar, Mr Thorold a letter to the Bursar explaining why he agreed to sponsor an initial consultant’s report on the environmental impact of the College’s estate, had never bothered to reply to any appeal which besides its most visible monuments, such as from the College, he was uncertain what Chapel and School, encompasses 190 buildings, consequences, if any, might follow. As a 93 of which are listed, as well as farmland in three committed environmentalist, one who counties. (Some of the latter holdings were part of as a young barrister had cut his teeth as William of Wykeham’s original endowment in the fourteenth century). Few of these buildings, it goes junior counsel for Friends of the Earth without saying, were built or designed with energy in the Windscale public enquiry in 1977, conservation, let alone the monitoring of their he wrote to the Bursar as follows: carbon footprint, in mind.
“Since leaving Winchester College 46 years ago I The survey confirmed what was already obvious, regret to say that I haven’t responded to any of the that there is much that could be done to improve numerous appeals launched to Old Wykehamists. the efficiency with which the School uses energy, Appeals with a foreign focus have always seemed albeit at a significant cost in up-front investment, more pressing. But there would be one College and with considerable technical challenges to be appeal, falling naturally under your jurisdiction as overcome. Many of the buildings, for example, Bursar, to which I would enthusiastically contribute. lack cavity walls that can be readily insulated. A first It would be an appeal to help the College massively priority therefore has been to seek a comprehensive to reduce, or preferably totally eliminate, its audit of exactly how and at what cost resources carbon footprint”. are being used. Noting the increasing inter-governmental drive Knowing that payback times on energy conservation to reduce CO2 emissions, he went on to say scheme can often be surprisingly short, Mr Thorold that Winchester could not — and should not — has plenty of ideas for rectifying the shortcomings. expect to be able to claim that its privileged status By negotiating a single electricity tariff for all its somehow exempted it from sharing in this buildings, the Winchester estate would, he believes, obligation. “I am hoping that a school that sets be able to save thousands of pounds a year on its exceptionally high academic standards” he wrote heating bills. The School could also do a lot with “might address the challenge without needing solar power. Under recent Government proposals, to be pushed, leading where others will follow, a solar-powered plant on Winchester’s indeed demonstrating with a truly exemplary Cambridgeshire farmland could, in theory, not only programme how best to proceed”. produce a substantial reduction in the School’s carbon footprint (as an offset scheme). It could also
WINCHESTER COLLEGE ANNUAL REPORT 2010 24 387,041 389,807 375,000 354,896 339,538 325,000 299,155 223,671 219,988 181,124 176,714 152,418
05/06 06/07 07/08 08/09 09/10 10/11 Energy budget (£) quickly become a significant source of annual Electricity Gas profit for the School — sufficient, on paper at least, to fund several bursaries for deserving boys. It would be, in this committed advocate’s view, a classic case of doing well by doing right. The practicality of an investment of this sort is one of several now being considered formally by the Governing Body. It has already approved in principle the installation of solar panels in a number of locations, subject to planning and structural considerations. A plan to generate a small amount of hydroelectric power by harnessing the flow of Green challenges water through Old Mill is also being being Oliver Thorold is certainly right considered, and has seized the imagination of a that the College’s “privileged status” number of Old Wykehamist donors. All these has not protected it from the sharp increase in energy bills over recent years. changes require both funding and planning The economic downturn may have permission, so progress will take time. given some respite over the last year or so but prices are on the rise once more. A solar-powered plant could not only All the experts agree that the cost of produce a sufficient reduction in carbon energy can only continue to increase at a far greater rate than general inflation, footprint, but could quickly become a even faster than school fees, out of which significant source of annual profit for we have to find the funds to meet these the School. higher heating and lighting bills. Managing the College’s energy supplies is no simple matter; there are more than Mr Thorold thinks there may be other Wykehamists sixty separate electricity supplies and who share his view that helping to “green” the College nearly forty gas. Energy purchasing is estate would be a most rewarding cause to support. carefully managed, using professional “Donors have the power to help achieve broader advisors to tender supplies to achieve the objectives for which the College itself, faced as it is keenest prices. However, the economic with a myriad of financial pressures, cannot always arguments for reducing the amount of energy we have to buy are all too immediately fund from its own internally-generated compelling, even without the other financial resources. I would be very happy if this benefits of the “green agenda”. strikes a chord with others and prompts them to get involved”.
WINCHESTER COLLEGE ANNUAL REPORT 2010 25 A sporting chance Sam Hart, newly appointed Head of Sport, wants to give every Wykehamist the chance to make the most of his ability, however diverse his choice of sport.
WINCHESTER COLLEGE ANNUAL REPORT 2010 26 My priority is to take the healthy legacy my excellent predecessor left me and raise it to a higher level. The primary objective remains to make sure that any Wykehamist who wants to follow a sport of his choice can do so to the highest possible standard. Sam Hart
WINCHESTER COLLEGE ANNUAL REPORT 2010 27 When I arrived at Winchester in 1967, sporting choices open to men at the School has the gym was a place of fearsome repute, grown so rapidly that the impressive new dedicated Sports Centre of my time is now nearly too small manned by military disciplinarians from to accommodate all the demands that are being another era. As far as I can recall, which made on it. admittedly is dimly, it was equipped A new building isn’t likely to materialise in the short with little other than mats, a medicine run, as Mr Hart acknowledges, so his focus is on ball, climbing ropes, some weights and improving what is already in place. “My priority is those wooden climbing frames around to take the healthy legacy my excellent predecessor the walls whose educational purpose left me and raise it to a higher level. The primary still remains something of a mystery objective remains to make sure that any Wykehamist who wants to follow a sport of his choice can do so to after all these years. Boxing was the the highest possible standard”. Participation in sport, only martial art on offer, and PE lessons although it remains voluntary, is greater and more were conducted with distinct parade- varied than it once was. Better, the philosophy goes, ground efficiency. to choose one sport and seek to excel at it, however unusual, than to struggle to achieve little at several Cricket, soccer and games requiring rackets were, for which the aptitude and pleasure may be lacking. along with Winchester Football, reasonably well catered for, but other sports less so. By the time Mr Hart points out, for example, that the School now I left the School, however the old gym had been plays 21 different matches against Eton on a single decommissioned and replaced with a new Sports afternoon, almost three times more than than the Centre, designed to accommodate a more broad- number which would have been played 15 years ago. minded and, whisper it softly, more humane Men in the School have the choice of approximately approach towards sporting and athletic development. 25 different sports, and while the major sports are (Best not to enquire, I suppose, whether today’s well catered for, with ten soccer pitches and seven intake bunk off to the pub as regularly as the 3rd cricket squares, it is the more recent sports such as XI teams in which I played were wont to do). Badminton (particularly popular with the growing number of boys from the Far East), Basketball and Talking to Sam Hart, the recently appointed Head Fencing which have to compete hardest for resources. of Sport, it is quickly apparent how far this new It is for that reason that the Head of Sport is investing approach has developed subsequently. Asked what most of his efforts in the short term towards expanding he would most wish for, given unlimited funds, the choices available by recruiting specialist expertise, his answer is “a second Sports Hall, or even better for example in Archery and Water Polo. a new P.E Centre”. The reason is that the range of
WINCHESTER COLLEGE ANNUAL REPORT 2010 28 25 10 7 different soccer cricket sports pitches squares
He is also working hard to improve the look and feel of the sports facilities. Specific items that were on his action/wish list and have recently been achieved, include a new room for the martial arts (for which there is considerable demand), additional state-of- the-art weight training and fitness equipment, and provision for more pre-season training for the dons who continue, in addition to their teaching and pastoral duties, to make a huge personal commitment to sports provision. Each sport at Winchester has its own master-in-charge, who in the case of Rackets, Squash, Football, Cricket and martial Team spirit arts works alongside dedicated professional coaches. Together they have been instrumental in boys from Sport has always been an important aspect of Wykehamical life and with Winchester achieving excellent inter-school 25 different sports currently on offer competitive results, notably in rackets, fives and judo. this is certainly true today. Boys can have coaching in a diverse range The School now plays 21 different of sports from aikido and archery to matches against Eton in a single fishing and golf. Nowhere else can they play ‘Winkies’ as Winchester College afternoon, almost three times more Football is fondly known. than the number which would have This year has seen investment in both been played 15 years ago. facilities and staff. A new weight room with running machines and a new DoJo for martial arts are the first signs of a Like Marmite and other glorious British inventions, much larger programme. the appeal of Winchester Football remains Not only does the College offer 10 soccer incomprehensible to all but the participants, to judge pitches and 7 cricket squares, it provides by the bemused expressions of my wife’s Dutch some of the best coaching staff available family when they came down to watch a Xs match to nurture talent and develop potential. a couple of years ago. Mrs Lim’s bafflement is clearly Quality and choice: a boy who wants to not unique. But those who have played the game, specialise in a sport will be provided with as I did happily for five years, will always have a the appropriate coaching to develop his soft spot for its beguiling combination of physicality skill. He will not be forced into a limited and rule complexity, and, it remains, reports Mr Hart, selection of major sports. more popular than ever.
WINCHESTER COLLEGE ANNUAL REPORT 2010 29 A Report from the Chairman of the Investment Committee Mark Loveday (H, 1957-62)
be less than the nominal 4%, with the equivalent of 3.2% of the valuation at the start of the year being extracted in 2009/10. Conversely, poor equity markets in recent years have caused the extraction from the investment portfolio to exceed 4%, with the equivalent of 4.3% being extracted in 2009/10. The Investment Committee will keep the extraction rate under review in the light of projected future returns and inflation, to ensure that the College’s assets and income are growing in real terms over time, and that the needs and interests of current and future beneficiaries of the College are fairly balanced. Farming has had a good run and our agricultural land Mark Loveday Chairman of the Investment Committee portfolio continued to perform well. The College owns 9,100 acres concentrated mainly in Hampshire (5,549 The Committee (see p.48) has particular responsibility acres) and Cambridgeshire (2,656 acres), with one farm for reviewing investment policy, asset allocation and in Dorset (895 acres). All our land is let out to tenants and risk/reward characteristics, as well as monitoring the last year produced an annual net income of £750,000. performance of the College’s investments. The investment Rents yielded 2.7% on the opening valuation and objectives are at least to maintain, and indeed grow, the increases in rent of the order of 10% were negotiated on value of the College’s investments in real terms and to seven farms, with the remainder to be reviewed in 2011. produce a sustainable income stream to support The value of the land increased by £958,000, so that the expenditure on bursaries, the Quiristers and the total return for the year was 4.9% after costs. The Estates maintenance of the ancient buildings, all within Bursar continues to look for opportunities to add value acceptable levels of risk. To meet these objectives the to our land holdings, particularly in energy generation investments as a whole are managed on a total return such as solar panels and farms. basis with diversification across a range of asset classes. The residential portfolio, which has 5 houses in At 31 August 2010 the College’s investments had a total Winchester for letting out, has seen a 24% increase in value of £53,093,000, of which £35,694,000 was in valuation this year to £3,489,000 following an external agricultural land (67.2%), £3,489,000 in residential valuation. Part of this increase can be attributed to houses (6.6%) and £13,910,000 in stocks and shares firmer house prices in the local market, but the major (26.2%). At present the College has a policy of extracting part is due to a re-rating of the portfolio by the valuer. an annual income of 4% (plus costs) on the average With net rents rising to £116,000, the total return was value of the investments over the last 5 years. In the case therefore 28.4%. Planning permission has been obtained of agricultural land, continuously increasing investment to develop a further six residential houses, and these values have caused the effective amounts withdrawn to will be built when the necessary finance is available.
WINCHESTER COLLEGE ANNUAL REPORT 2010 30 7 8 9 5 6 4
3
2 1
College investments %
1 Estates 67.2% The College’s investment portfolio, which is managed by 2 Equities 13.7% UBS, was valued at £13,910,000 after including an 3 Residential houses 6.6% 4 Hedge funds 5.8% additional £1,077,000 as a result of donations received. 5 Fixed interest 2.3% During the year holdings of cash and bonds were 6 Commercial property 1.9% reduced and our weighting in hedge funds, commodities 7 Commodities 1.2% and equities was increased. The portfolio produced a net 8 Private equity 1.0% 9 Cash 0.3% income of £152,000 with a total return of +3.7% compared to +9.5% for the benchmark, which was a disappointing performance. The principal reason for this underperformance can be attributed to the UBS Global Property Fund through which the portfolio gained exposure to international commercial property in 2007. A good return This was bad timing and the value suffered a 30% fall last To balance current and future needs, year. Excluding the property fund, the portfolio would the College aims to: have returned 7.7% in the year compared with 7.4% for the benchmark. In October 2010 the Committee · maintain (at least) the value of its investments in real terms; conducted a thorough three-year review of UBS’s · produce a consistent and sustainable management of the portfolio and decided to reappoint amount to support current expenditure; them on renewed terms for a further 2 years with the and intention of having a 5-year review in Autumn 2012. · deliver these first two objectives with acceptable levels of risk. Overall the total return on the College’s long-term The College manages its investments as investments for the year to 31 August 2010 was 6.7%. a whole on a total return basis and Total income, net of management costs, was £1,018,000, maintains diversification across a range requiring a capital extraction of £743,000 to achieve of asset classes to produce an appropriate the target 4%. The College has an excellent agricultural balance between risk and reward. portfolio in terms of quality and potential, a small To maximise its freedom and flexibility but interesting residential portfolio, which we intend to invest where it expects returns to be to increase, and a well spread investment portfolio. most rewarding, regardless of whether those returns are delivered as income or This should provide the College with a growing income capital gains, the College has obtained over time to meet its commitments in the future, an Order from the Charity Commission whilst providing some growth in real asset value. allowing it to invest to maximise total return and make available an appropriate proportion of the total return for expenditure each year. Mark Loveday Chairman of the Investment Committee
WINCHESTER COLLEGE ANNUAL REPORT 2010 31 Summary statement of financial activities for the year ended 31 August 2010
2010 2009 (£’000) (£’000)
Incoming resources
INCOME FROM CHARITABLE ACTIVITIES GROSS SCHOOL FEES RECEIVABLE * 19,303 18,993 Other income 821 645
INCOME FROM GENERATED FUNDS Trading income 656 627 Other activities 103 104 Investment income 1,383 1,371 Bank and other interest 115 420 Grants and donations 1,675 1,517 Total incoming resources * 24,056 23,677
Resources expended
COSTS OF GENERATING FUNDS Total costs of generating funds (1,633) (1,726)
CHARITABLE ACTIVITIES EDUCATION AND GRANT MAKING Teaching (8,454) (8,515) Accommodation and welfare (3,684) (3,574) Premises (6,023) (6,168) Grants and awards Scholarships and bursaries * (1,542) (1,499) Quiristers (179) (150) Other awards (42) (44) Support (1,189) (1,090) Total expenditure on education and grant making * (21,113) (21,040) PRESERVATION OF ANCIENT BUILDINGS AND CONTENTS * (301) (238) Total charitable expenditure * (21,414) (21,278)
GOVERNANCE (62) (59) Total resources expended * (23,109) (23,063)
Net incoming resources 947 614 Revaluation gains and losses 14,548 (7,749) Net movement in funds in year 15,495 (7,135) Opening fund balances 102,272 109,407 Closing fund balances 117,767 102,272
* Income and expenditure has been grossed up to make explicit scholarships and bursaries which are netted off school fee incomein the statutory accounts.
WINCHESTER COLLEGE ANNUAL REPORT 2010 32 Summary balance sheet at 31 August 2010
2010 2009 (£’000) (£’000)
Fixed assets Tangible fixed assets 67,201 53,483 Property investments 39,183 37,368 Portfolio investments 13,910 12,875 Fees in advance scheme investments 4,421 3,191 124,715 106,917 Net current assets 2,718 3,961
Total assets less current liabilities 127,433 110,878 Other liabilities and provisions (9,666) (8,606)
Net assets 117,767 102,272
REPRESENTED BY: Endowed funds 106,138 93,565 Restricted funds 1,088 676 Unrestricted funds 10,541 8,031 117,767 102,272
Report by the trustees on the Summarised Financial Statements The summarised financial statements on pages 32 and 33 are extracted from the full annual Report and Financial Statements which were approved by the Warden and Fellows and signed on their behalf on 4 December 2010 and on which the auditors Crowe Clark Whitehill LLP gave an unqualified audit report on 9 December 2010. The auditors have confirmed to the Warden and Fellows that, in their opinion, the summarised financial statements are consistent with the full financial statements for the year ended 31 August 2010. These summarised financial statements may not contain sufficient information to gain a complete understanding of the financial saffair of the charity. The full Report of the Warden and Fellows, Financial Statements and Auditors’ Report may be obtained from the Chief Accountant ta the College.
Signed on behalf of the Warden and Fellows.
Sir David Clementi February 2011
WINCHESTER COLLEGE ANNUAL REPORT 2010 33 A Report from the Chairman of the Development Committee Robert Woods (G, 1960-64)
Robert Woods Richard Morse (K, 1972-76) Chairman of the Development Committee Chairman of the Campaign Committee
I’m delighted to have this opportunity to write community to the Hunter Tent Appeal, which about the Wykeham Campaign and fundraising at exceeded the £90,000 target with the £40,000 surplus Winchester College, and to be able to express my going to the Al Gordon Sports Fund. Donors were sincere and grateful thanks to all those who have encouraged to dig deep by a challenge grant, donated donated generously to the School over the past year. by past Captain of Lords, Mark Loveday. We will As a Fellow and OW (G, 1960-64), I care passionately build on past successes by broadening our appeal about the School, and as Chairman of the programme to include mailings (mostly electronic) Development Committee, I am determined that and ensure that they are sent to those who have a we should increase the endowment in order to particular interest. On-line donations can now be guarantee the future provision of bursaries in line made by OWs, and soon it will be possible for with the Founder, William of Wykeham’s vision parents to donate electronically. for the School. Our expanded events programme included a well- As you will see from the encouraging figures, we have supported reunion for the Class of 1945 (and earlier!) broadened our contact with the Wykehamical with 33 OWs attending, pizza evenings for community and expanded our donor base through undergraduates, and a ‘Celebration of OW Sport’ an active events programme and the Annual Fund reception, with 135 attending. Other events worthy appeals. Annual Fund activities in the year included of mention were a lunch to thank donors to Hunter a very successful telephone campaign and an appeal Tent and to celebrate its refurbishment, the Toyes to Leavers’ parents, both of which will be an annual 150th Anniversary, which was enjoyed by over 200 feature of our fundraising programme. We were also old Toyeites in The Great Hall at Lincoln’s Inn, and delighted by the support given by the OW cricket the annual Domum Supper for Leavers’ parents.
WINCHESTER COLLEGE ANNUAL REPORT 2010 34 1,701 1,675 1,517 1,033 1,005 779
0506 07 08 09 10 Donations received The planning stage of the Wykeham Campaign is (£’000) complete, and we are now in the ‘quiet phase’. This is the period of time when we are actively seeking major donations from individuals before widening out the appeal. The provision of high-quality education, particularly where boarding is concerned, is unavoidably expensive, and we aim to be in a position where we can offer the best education available to boys of strong academic potential, whatever their parental means. We are determined to maintain the Founder’s intention; that is, to offer the best possible intellectual cultural formation to An upward trend boys who can best profit from it. Support for the Wykeham Campaign In line with this vision, the School has reviewed is continuing to grow, both in donations its strategy for recruiting suitable candidates for and in the number of gifts received. As can be seen from the graph on page bursaries. The Housemasters have all agreed to make 40, we are enjoying support from the such recruitment a personal priority, which is very largest number of donors the College welcome and should help to ensure the widest has had in recent years, if not ever. possible external awareness of the opportunity for The graph above shows a particularly boys to benefit from bursaries. successful year in 2006. This can be We maintain beautiful ancient buildings, which accounted for by several appeals, specifically for capital projects such as enhance the atmosphere of study and which form part Chapel Stonework, College Improvements of the nation’s history. The 93 listed buildings, nine of and the final push for the Music School. which are Grade 1, attract visitors from all around the In addition, one significant gift was world, and guided tours ensure that they learn about received in anticipation of the conversion the strong sense of place and heritage of the School. of the Warden’s Stables. We must build an endowment which ensures that they It is particularly gratifying to note that continue to be maintained to the highest standard, the level of donations is now matching without being a drain on School resources. that enjoyed in 2006 in spite of the absence of any major appeals for capital Additionally, projects such as the new Museum projects. This reflects the determination in the Warden’s Stables give donors the added and commitment of the Governing opportunity to contribute to the fabric of the School. Body to support the School’s We plan to renovate one of the mediaeval buildings to development efforts. form a vibrant and exciting Museum, which will enable
WINCHESTER COLLEGE ANNUAL REPORT 2010 35 Lorna Stoddart Director of Development & David Fellowes (I, 1963-67) Director of Winchester College Society Director of Winchester College Society students and visitors to explore the School’s collections scope to offer musical opportunities to children who for inspiration, learning and enjoyment. The College’s could not otherwise enjoy them. It has been agreed first museum, built in 1897, became the dons’ Common that we will have two funds: the Shedden Bursary Room in the 1980s and the collections were moved to Fund, which provides bursaries and related financial the Treasury, a converted beer cellar beneath the old support (such as travel expenses) for Qs over and College kitchens, where they are currently displayed. above the automatic fee remission funded by Winchester However, the present Treasury suffers from three College, and the Quirister Endowment Fund, which is major problems: accessibility, atmosphere, and space. the fund that helps Winchester College meet the costs The College would like to make its collections available of maintaining Quiristers, including the automatic fee to the public and other schools as well as its own pupils. remission for Qs. We plan to take on a curator experienced in project I am pleased to report that we now have six members management to carry out the consultation with the of the Campaign Committee, all of whom have different user groups who have a vested interest in the demonstrated their commitment to Winchester educational and outreach aspects of the project. College by making a lead gift, and by demonstrating Finally, Winchester is the only school in existence their willingness to assist with the solicitation of others. which provides for a resident ‘choir of angels’; the Beatrice Lupton, a former Quirister parent, is spear- Quiristers have been with us since 1382. They are the heading the Quirister Appeal and a considerable basis of the School’s tradition of musical excellence, amount of time has been spent on research and, the providers of the sense of holiness which was at the in particular, on expanding the Quirister database heart of the Founder’s intention for the worship of God with contact details. in Chapel, and their training provides us with further
WINCHESTER COLLEGE ANNUAL REPORT 2010 36 I’d like to express my thanks to all who have supported the School in any way; by attending events, volunteering, donating, leaving a legacy, or by offering encouragement as a committee member. The School is a worthy recipient of your support! Robert Woods Chairman of the Development Committee
chaired by William Eccles (H, 1973-77), acts as a forum to test ideas, and actively to support our outreach programme. The Council has 12 Old Wykehamist members from almost every House and age group, and one past parent. It meets at lively dinners twice a year to give unrestrained opinions on subjects related to supporting the OW community and to seeking its support for the School. Between dinners the members are active in helping the School in diverse ways of their own choosing. William is always looking for keen new recruits — please let David Fellowes know if you are interested! Tamara Templer Deputy Director of Development The American Friends of Winchester College are now well established, and have an active programme of engagement with the Wykehamical community. A number of our more generous regular donors have We’ve listed the Directors in the Acknowledgement joined our Wykeham Patrons group, and are enjoying section (p.45) and I would like to take this a tailored event programme, including special cultural opportunity to thank them for their tremendous trips, both in the UK and further afield. We have very work in re-invigorating our presence in the US. much enjoyed getting to know our Patrons in an informal and social setting. I’d also like to take this The Hong Kong Friends are also becoming opportunity to recognise members of the William increasingly active in supporting the Wykeham Stanley Goddard Society (now renamed ‘the Goddard Campaign, and have formed the Wykeham Legacy Society’), who have indicated that they are leaving Campaign Sub-Committee under the a gift to Win Coll in their will. The membership is Chairmanship of Richard Wallace (Coll, 1968-72). growing (we now have 176 members), and I’d like to I’m extremely grateful to Richard and his encourage you to consider joining, if you haven’t already committee for the energy and enthusiasm they done so. It is a very effective way of avoiding the tax man! have brought to the Campaign in Hong Kong. Our specialist committees continue to assist and support us in our endeavours. The Investment Committee, chaired by Mark Loveday, gives donors reassurance that their donations are well invested (see p.30); the Disbursement Committee, chaired by Rob Wyke, the Second Master, ensures that donations are directed appropriately and as Robert Woods agreed; and the Winchester College Society Council, Chairman of the Development Committee
WINCHESTER COLLEGE ANNUAL REPORT 2010 37 Acknowledgements Benefactors, Patrons, Donations and Legacies
How better to express appreciation for Donations were received from a record 979 donors, the important role your school, or even an increase of 35% on the previous year and of 40% on the previous five-year average. Of these, your son’s school, has played in 29 donors gave £10,000 or more during the year, developing your mind and your general totalling £1,025k including Gift Aid, whilst the attitude to life than to put something remaining 950 contributed £650k, equating to an back, in the hope that future generations average donation of £684 per donor, which will be as fortunate? The lists and compares favourably with the previous year (£699). New donors have also reached a new peak at 316, graphs that follow demonstrate the being up 83% on the previous five-year average. very considerable degree of support These are truly encouraging statistics, and the School from all corners that the School is is extremely grateful for their fruits. Those making so fortunate in having received unspecified or Annual Fund donations may be during the year. interested to know that their generosity is enabling the School better to afford several significant items featured elsewhere in this Report, such as its ‘Green’ initiative, the King James Bible Exhibition, Outreach and Sport. Finally, we remain eternally grateful for the reassuring support offered by the pledges many of you make by way of a legacy. Interest in the Goddard Legacy Society (until recently known as the William Stanley Goddard Society) is growing. The primary focus for legacies is to boost the College’s Endowment, in support of Bursary provision, the maintenance of its ancient buildings and, of course, its Quiristers. To all our donors we offer our most sincere thanks.
WINCHESTER COLLEGE ANNUAL REPORT 2010 38 Benefactors, Patrons, Donations and Legacies
DONATIONS RECEIVED DURING 1944 Wykeham Benefactors THE FINANCIAL YEAR ENDING R S Gibson* G Donors whose total donations to the 31 AUGUST 2010 D F S Godman* I Wykeham Campaign (including pledges) W W B Myers H *Donors who have given twice or more over a are greater than £250,000 M J D Newman Coll period of three years since 1 September 2007 J O Udal A A J H du Boulay C 1943-46 Viscount Gough G 1955-59 Wykehamists 1945 Mr M A Loveday H 1957-62 (shown by year of leaving) Anonymous (1) & Mrs Loveday and Past Parents 1932 C E Bruce-Gardyne* H Mr & Mrs J T McAlpine Past Parents The late C A McDowall H J A Fergusson* H J M A Gurney* K Mr R S Morse K 1972-76 1933 & Mrs Morse and Past Parents G S Hill* Coll The late F A K Harrison* Coll R W d’A Orders E 1967-72 R Meinertzhagen C P Stormonth Darling C 1945-50 1934 D Middleton* K The late W N Monteith I G H J Myrtle* D Honoured Patrons Lord Wigram H J H Thornton B Donors whose total donations to the The late H E Webb* G 1936 P H S Wettern* G Wykeham Campaign (including pledges) Anonymous (1) are greater than £100,000 T A Bird E 1946 Anonymous (1) J R Johnson* C Professor & Mrs P Balwin Past Parents 1937 Sir Patrick Moberly* Coll W N M Lawrence C 1948-53 M R D Foot* Coll The late D B L Skeggs I A J M Spokes Coll 1978-82 J D Majendie I J I Watson* F 1947 J D F M Thornton D 1943-48 Anonymous (1) (though the NJT Foundation) 1938 P G A Archer C Wykeham Patrons Anonymous (1) J B H Francis* F D V Bendall* D H G B Hoare I (members as at 31st August 2010) M J P Martin F Donors whose total donations (including O M P Kenyon-Slaney* D pledges) are greater than £25,000 and who 1939 J R Lucas* Coll have joined our Patrons group M T Barstow* G Sir Edward Studd A A R Taylor* K R W L Wilding* Coll Anonymous (4) R J Woodward* B Sir David Clementi E 1962-67 1940 G B Davison A 1971-75 G E Merrick* K 1948 M D S Donovan A 1954-59 P F Morgan* E Anonymous (1) W D Eccles H 1973-77 R P Norton* G R W Barklam* C N E H Ferguson C 1961-66 H A Pawson* B P H de Rougemont* C B J Ginsberg I 1982-87 1941 J Denza* Coll D F Gordon E 1968-69 E D Armstrong* H D G Gow* E E N C Oliver* G Viscount Gough G 1955-59 Sir Hugh Beach* G M H A Finch* I D R Peppiatt* E C M Humbert B 1990-95 D J B Rutherford* D D H Hunter E 1950-54 R J Gould* K R O C Stable* B The late P R Shires* Coll N M H Jones B 1960-65 G F W Swan* H Sir John Kemp-Welch E 1949-54 I W Stoddart* E H S R Watson* F J D F M Thornton* D W N M Lawrence C 1948-53 P A Whitcombe* B D St J R Wagstaff* Coll M A Loveday H 1957-62 J J H Wilson* A A C Lovell B 1967-72 1942 D A H Younger I D B Abbott E Lord Magan of Castletown K 1959-63 1949 Mr & Mrs J T McAlpine Past Parents The late C Hill* I M P Seth-Smith* A J F L Blamey* I R S Morse K 1972-76 J R Tillard D P C F Childs* K G W Morton Coll 1966-70 D R de C Trasenster G W M Fernie* F J B W Nightingale D 1973-77 E T Wilmot* Coll A D B Gavin* I R W d’A Orders E 1967-72 F F Higgins* I D R Peppiatt E 1944-48 1943 T R Hines* K J L Boase* Coll M J S Seymour K 1961-66 A C R Howman* E G H G Doggart* E M G Mander H A J M Spokes Coll 1978-82 M L Hichens* H P Stormonth Darling C 1945-50 J P Raison D H U A Lambert* Coll C R Streat* K J D F M Thornton D 1943-48 A R Longley* C J H V Sutcliffe* C Mr & Mrs G White Parents D N Phear Coll P M Welsh G R B Woods G 1960-64 D O Savill* C G H Willett D R E A Younger F 1979-84 R P Thorburn* A J F Willmer C
WINCHESTER COLLEGE ANNUAL REPORT 2010 39 Total number 870 of donors 680
OWs 628 540
Non OWs 556 99 109 97 74 122 83 628 04/05 05/06 06/07 07/08 08/09 09/10
1950 A L Coleby* Coll P A Dillingham* G N S Agar D P G Davey* A R M Formby* E R H Bird* Coll T H Drabble G P R Gordon-Smith* K D A Cross* F R D K Edwards* B P L A Jamieson* F L E Ellis* Coll D A W Gardiner* E A E R Manners* G The late G C H Ferard E B J Gibbens A J M Porter* K C F Foster* C J J Grafftey-Smith* A R Rawlence* Coll The late A W Hamilton Coll M F Harcourt Williams* H J H Richardson I R M Lodge* A B G Humphry B P E M Robertshaw E N F McCarthy* I W N M Lawrence* C J J B Rowe A P Stormonth Darling* C D A C Lipscomb D A E Seager G 1951 J E D MacLaren K P R Stevens C Anonymous (1) J W Roskill* D M E K Steward H J F H Villiers E N A Tatton Brown E I Atkinson F C B Williams* G J B Barton* H 1954 J H D Briscoe Coll H N Armstrong G 1957 P H F Bullard* G C J Blissard-Barnes E Anonymous (1) R M J Burr C Sir Simon Cooper* B R E F Ballantyne D O J Colman* G R N R Cross* F A R F Buxton* F R H Hardy Coll D F Gibson H R S Carver* D G B Inglis B Lord Hannay of Chiswick* B D W S Dunlop K M Knowles K A L Hichens H J M Dunn* Coll D A N C Miers* B D H Hunter* E A M Edis* H R H Y Mills* G C W L Keen F M S Laing D A Monro K R P S Macnutt* I P S W K Maclure* I A D Myrtle* D C M Mallett* D M E Ponsonby* Coll F P B Nichols* C Lord Marchwood* G C W Thompson* D The late C L Verity* I H T Norrington H C H Van der Noot* K D Wyllie* Coll J N Stevenson* H R M L Webb* C H White* G D R Woolley Coll 1952 D J Wilson* I I R Anderson* F F A H Yates* E A C A Benda* C 1955 1958 A D M Bryceson* I A L Askew* K Anonymous (1) C H D Denning* B W S Aylen Coll A R Beevor* E M S Evans* C M D Barton* H A F Best* I E T Gartside* B C A A Black K Sir David Davies B R C Gray* I R N Dobbs* D J A C Don* H M Harvey* I N M Fawssett* B D E Fradgley H G M T Hodgson* Coll R T Fox* A F R O de C Hamilton* F M H Keen* Coll G R Freshfield D D M S Hampton F J E Keville* K S M Gordon Clark* G F W Heatley F P de N Lucas* Coll S T Grandage* G C H Howard* C J R S Maclure I P F Hilken B L H McCurrich A I H McCausland B F R J Horsman F Lord Napier* G T G Penny K P Jay C C J Perrin A R H Petley* D N B T Lilley Coll V A L Powell A M Rendall* I D R McCarthy I R C M Pumphrey* C J W Robertson E Sir David Miers* B N Richardson* Coll M B Sayers Coll B L Reed C P C Stevens* D D M Shapiro* Coll J H Silley* D J D A Wallinger* G T M B Sissons* Coll D C Stewart* C P J L Wright A P A Stables* Coll Sir Richard Storey H A N Stewart* C T C Ulrich* Coll 1959 C W Taylor-Young F J J des C Virden* C N F G Bosanquet Coll P S Thring F C D Walker Coll C J R Elton* F D S Williams D I W Gammell* I 1956 Viscount Gough* G 1953 R M S Allan* D T D R Jenkins Coll Anonymous (2) S P Allison* B P G Johnston* A T F M Bebb* A D C D J Baird-Smith* Coll J F S Parker* A G R H Bredin G D E D Campbell* E Nawab of Pataudi* K R Chester* F A M Collett G C H Perry* B G D Dean* A
WINCHESTER COLLEGE ANNUAL REPORT 2010 40 Donations by House (£) 273,249
College FHawkins’ AChernocke G Sergeant’s BMoberly’s H Bramston’s 109,533 Cdu Boulay’s I Turner’s DFearon’s KKingsgate 48,186
E Morshead’s 35,200 85,577 27,417 25,705 23,321 22,501 74,011 63,889
CollACDEFGHIK B
J F Stein* C A R Pyke* I 1966 E S Tudor-Evans* F R M Quinn K Lord Aldington* G C N Villiers E J P Quirk* A G F O Alford D C P W Willcox* K T P V Robertson* B P N Amphlett* Coll 1960 C G C Vyvyan* G M J P Cullen* Coll Anonymous (1) J A C Watherston* B N E H Ferguson* C R D J Harington* D S Bann* Coll 1963 Anonymous (1) J J S Hudson B D Barnes* A J G Pringle* I M J V Bell Coll S J Awdry C A M R Reid I C M Brett* A V C Awdry I M J S Seymour* K P J Burrows H S T Beloe* I C J F Sinclair* B Sir David Clarke C W Benham* D R S Tangye* I T R Cookson* I G H Burges C J S Thesiger C G M A Crawford* K I R F Cameron B C W Tulloch* B J G U Daniels* A W G T W Fiennes* D T D Welsh* Coll C V Dinwiddy* C A N Hunter* A J S Finney* C J M Layton* E 1967 R A S Gray* A H J Lockhart G Sir David Clementi* E S M de F Harcourt Williams* H A G Maclay G D W L Fellowes* I P B Hay* A D K Parkinson* C J K A Gibbs* I R I Jefferson* A A G Post* A T R Hamilton-Baillie* C Sir Andrew Large* F D C Sykes* G R B P Jennings* C A N Little C Sir Oliver Thorold D G P C Macartney* H Lord Maclay G R E Tozer C F C T Markham* K D R Markham* K Sir Roger Vickers* G A M D Palmer H M V Pampanini* G H C Wodehouse* B P J Phair* Coll H M Priestley* E R Roberts F 1964 G C Scott-Malden D C E M Snell* A S J Brandon Coll W R Stewart-Smith* Coll F D W Clarke* Coll 1968 M B Venning* F N C D Craig K C D Brims* K P J L Wilson G J P Dancy* Coll J W M Cowen* K P G K Wilson* H J H Dixon* K D J Howarth I 1961 R I Gordon-Finlayson* G P W I Ingram* H M A Bond* G S P Hare K B R M Johnson Coll M R Dreyer* Coll M J C Hawkes* C A N G Maclean E M S Henderson* K Lord Jay of Ewelme C J J D McArthur* I L D Heriot Maitland K H M P Lawford* G M R S Nevin I J R Knight* G A R D McArthur* I J N Scott-Malden* Coll P N Legh-Jones* B A C Pembroke* Coll 1969 A P L Minford* Coll G M Ridley K N C Adams D J D Orme* Coll J W M Rogers Coll N R Davidson* Coll M W Parkinson D N D Sinker K S C H Duffin I D G Rowell* I H C Stevens* A C K F Eldred-Evans* E J R Sanders F T P Taverner F M W Hamsher* D J R A Townsend I Lord Terrington E R J Harwood D G J Verity* K R B Woods* G N G Hughes D 1962 1965 R C Leanse* E Anonymous (1) Anonymous (2) A J Mason* H The late D M Bennetts D C P C Beer D C O Mason* C J D Birney* C A A H Forsyth* Coll P M Oates* A S G F Burgess C W R H Heywood F O P Richards* G D A S Cranstoun* G C I W Hignett* E F D S Rosier I W J S Date* E N M H Jones B J Roundell F S A Frazer H D M F S Lauder* F C J Sutton-Mattocks A P C O Kingsbury* A D A Oldridge G 1970 Sir Andrew Longmore* E R J Priestley* A Anonymous (1) M A Loveday* H N A F Pritchard Coll D G G Davies* F L R Maclean* E M S Travis* K C C L Evans* D M J Mullane B T M Verity K H R Jacobs* D H R Oliver-Bellasis* K W M Wood* H W E Meredith-Owen H G W Morton Coll N L Padfield D
WINCHESTER COLLEGE ANNUAL REPORT 2010 41 Donations by decade (£) 363,902 184,771 143,119 35,754 31,760 22,764 4,395 2,124
30s 40s50s 60s 70s 80s 90s 00s
N Paterson* B J R Menzies-Wilson A 1980 P G P Stoddart* I J O d’A Orders E Anonymous (2) R J A Tulloch A I D Roxborough* G R F Blott H J E Vernon H C M R Wilson* E J A H Geary I P J L Zinkin* C M C Woodward* K P R Hall* K 1971 1976 A S Hoare B Anonymous (1) N R de Cent* C C P H F Kernot* C P H Chamberlain* H D M G Fletcher* I J P Medd* Coll R D G Parker K R A Galloway* E P J R Miles* C A M H Simon* Coll R M U Lambert* F S J Morse* G R S Morse* K G A J Strong G 1972 J M N Neill-Fraser* I J N G Thwaites* F N C L Beale* Coll W M Owton* I 1981 R S Brunel Cohen* A A D Scott-Malden* A P R Gammell G Anonymous (1) S J Hathrell* Coll 1977 G J C Ashton K M Holland* D Anonymous (1) J R Bracken* Coll T N Hone* F P W Barker G M D Cornish* I J H Hornby I J J Burkill Coll J E Day* E M R V Johnston A W R Charlwood* B H W Dunlop* Coll A C Lovell* B J D Cruickshank* D T Hatch* I N J E Maude* F W D Eccles* H A J C Maxwell* E M H McCall* Coll I Edward* B W B Maxwell B R W d’A Orders E R A C Haig* A A P McMaster Coll J K Shearer* Coll P D Hale* Coll B J R Moate* A P E Spendlove* D N Janmohamed* B A J C Normand* F D G Stephenson Coll M L Moore* D A C Phillips* B G F Stott* G T W Stubbs* E B M Shuttleworth* G A J Wells* Coll K Storey* K 1978 A S R Younger F C N Wilson* D Anonymous (1) 1973 1982 J N Archer D M P Botes* D S E R Alexander* I A R Hammerton* H C E Beer* Coll E M Coulman K M J A Macdonell* A J D C Douglas-Hamilton* K P Bennett-Jones* C C G McAndrew* Coll The late N D W Blakeney* H M H Feltham* D A J Romanes* A M J Harford H W S Dawson* C S T Shivdasani D S T W Dunstone K N F Harrison* Coll A H W Sutcliffe F A Maschio* B N A Hoad Coll E P Tuite Dalton F H A Lloyd* A R P Salwey B N A Udal* H W J Stow G J R Macpherson* G I D M Vellacott K C J H Scott* K J R B Sutcliffe F R P Wordie* K J C G Taylor* I 1974 1979 L J Watts* G D J L F Anderson Coll W R J Casement A S J Willmer* C H N Cookes C P Convey* I 1983 R M Gray* D A F Cooper* A Sir William Hanham* H A J de Q Adams K P G G Dear C A C Barklam* A R M P Hughes* K S J G Doggart K T J Lawrance-Owen* B J W Collings* Coll W J S Dunnet* C J W Gardiner* C C M Peake* H P E H S Gale* A J N Pepper* H W E J Holland F W N-W Garton-Jones* H J M Maclure K D J Scott-Malden A M R Gray* I S J Tabbush* Coll S H W Pilcher* K D I Hough* H R W Roberts I A H Wettern* G W J Marshall* Coll C J C Wyld* F N J Sansbury* I R D C Moate* A J M E Saunders E 1975 G C F Newcombe* E J F Thornycroft* H Anonymous (1) S C Piggott* G A G P Tusa* G J G Armstrong* E C G Stewart-Smith* G J H Younger I S G Batchelor* F A D Waddington K C W Wickham* C 1984 D M W Beeson B M J Broome F J H Davies* Coll T G Davidson* A G B Davison* A J D Dean* A H F R Marsh* K
WINCHESTER COLLEGE ANNUAL REPORT 2010 42 316
New donors giving 308 for the first time 174 166 118 101
04/0505/06 06/07 07/08 08/09 09/10
T F Dennis* A W J Lockett* I D R Minford C C E R M Hall* B C W Nicholls E A K R Murray D E W Howells D T H Van Every* A D J R Sanders* K R G McCarthy I R J M Weissen* Coll A R Witcomb* B W S Mills K 1989 1993 G E Read-Ward H S D S Baines* G A C M Barnes* I J P Rich* B G H Baker* H D A Bowers* B C E S Robottom* E V R Bates* D G W Bradley F S A Thorn* D A C A Bower K R I Brasher* B N J Tiley Coll R A L Chipperfield* H N G Casey* K S J H Whitehead* K D A de Lanoy Meijer* A M R Chowdhury* A R E A Younger* F R J S Edis H S D Croft-Baker* B 1985 J H Fisher* C E J Culver A W R D Baldock* E B C M Foster* E C A de Oliveira* F J Davies-Jones* A R J E Hall* B P R Dennett* Coll N M Elkington G S H J Macdonald* G J A Fennema D A W Ellis K N D Peppiatt K E R Haines* Coll B Ficht D R A Sanders* K B I Hamilton F H J Goulding* F J F Taylor I T N H Henderson H S L Grafftey-Smith* G N S Venkateswaran* I E G R King* Coll I L M Henry F A G Weir* F F S Knox* C M P Krone* Coll 1990 A R Mason* A C H M Ridley K N R Abbott* D R J Mullane* B M D C Sutcliffe F A N L Dawes Coll W L Nevin I P Tao I F N Garcia Coll M C Poole-Wilson I H A Watson F J R A Jackson K A N Skinner* H 1986 B L Marnham I A K Thomson* Coll Anonymous (1) R N G Pavry F M D Woolley Coll T T W Gadsby* C R D Walsh* Coll 1994 T S Maclure K 1991 Anonymous (1) A G Morley* K R D Blight* Coll E A Allen* H H T S Ricketts* F A J Cross* H N A Clark* I J A Stainton* K N O P Gordon* G W H Darwin* D E P E Thomas H J C Guise* A A J M Foulkes* G B D Thornycroft* H J P Hamilton* G S H Gazzard B N R J Vellacott K J R O Henderson* D J A Haldane K R C Waddington K J R Le Bouedec* H M N Hollings* H T H Q Wilson* H C P Macdonald* D G N McLachlan* F 1987 A W Maclay* Coll F P A Pilbrow* G Anonymous (1) P A Roberts* A N C W Wong* E R R Baker-Cresswell* Coll J W Sandford* C 1995 B D G Barton* I D R B Taylor* A J R Arnold* Coll J E G L Bracey* E J W Wellesley Smith* I T A L Burns* I W H J Farren-Price* C 1992 G C Close-Brooks F B J Ginsberg I D M Avery-Gee* D C A Forsdyke* Coll J S Jadav D R Y Barrett K C M Humbert B H G J King* Coll M Cheng* Coll S H C Lewis* G D J Lewis* A N J Cooper* C J E S Norris-Jones* C C C Rawlings* H J E L Cunningham-Day* E E T A Saye* F P W P Ross* F E J Daniels F M P Thorneycroft* F S C Rye* Coll A N Edmondson* Coll M N Toone* E J G T W Fiennes* E A M Tucker D 1988 N H Walmsley* Coll D W Baker* H H W Foster F P J Goulston* F C J Wheeler E C P Barker* F R F T Wood* E J E Collett G N R Hall* B J S Dawkins* D F M Jackson* A 1996 J J M Edwards D M R M Julien* E Anonymous (1) P J Habertag D B M-B Li* E A J D Brown* H M E Hunter* B N C Lutener* E O Bolton Q A R B Large H D M Maclay* G T M P Carver* G C S Lightbody* Coll B R Merrick* Coll T F Gervais D
WINCHESTER COLLEGE ANNUAL REPORT 2010 43 75 165
Total amount 137 donated (£’000) 63 Gift Aid claimable 56 OWs Non OWs 73 918 708 788 592 722 788 518 431 463 507 298 408
04/0505/06 06/07 07/08 08/09 09/10
W W Gossage* E 2005 Mrs M A Gammell* C F McCall* F J M Burridge E Mr M P Gretton* N J Moberly* B C J Kerr* Coll Professor D Hanna* M S T J Peters* Coll W Kerr-Muir* I Mr & Mrs A Hardie* H M T Reed* A 2006 Mrs A Harris* B N Shah* E C J D Elliott-Kelly* I Mr & Mrs F Hervey-Bathurst G H E Winkworth* K H G Harris* E Mrs M Higgs 1997 T P Hosking* K Mr & Mrs P Hitchens* Anonymous (1) S S Krishan* B Mr & Mrs M Hole* P A Jeevaratnam* C Mr H M H Hui & Ms M K A Ho C E Awdry* I Mr M Jackson T M D Beames* I 2007 Mr & Mrs G Karafotias* R O C Boney Coll D C Allan C Mr & Mrs I B Kathuria* W N Close-Brooks* F S R A Cheetham G Dr & Mrs W Kerck* R C Greet-Smith* D T J M Davenport* E Mrs M L Kerr* E W W Simpson K G C Nash* K Mr J M King* W R F Sinclair* K Mr & Mrs W P Ko* G P Warren* G 2008 T M Bouch C Mrs P K Krishan G C Y Wong E Dr & Mrs M W Lee 1998 2009 Mr W H Lowe* C E Barlow* I P J Fuller Coll Mrs P H Marriott A R Bradley* K Mr & Mrs P Mathiesen G W L Fellowes G Parents, past parents, staff, former Mr & Mrs D McKechnie M A Glenville Coll members of staff and other donors Mr & Mrs D Mills E J Grist I Anonymous (7) Mr M F Mok & Mrs S Tsoi* C M J Hunter F Dr & Mrs I M Murray-Lyon* C J Moore-Bick* B Mr & Mrs D R Apperly* Mr & Mrs J M Nicholson* A C Roth D Mrs C Ash Dr K T Nicolson* L A C Shepherd* F Mr & Mrs L Arnold Mr & Mrs J Peet J G Stewart I (through the Arnold Foundation) Mr R Perry* J P W Taylor* Coll Mrs L Arnold Mr A Power* J H J Wheatcroft* B Dr & Mrs K-T Au Mr & Mrs C Purvis* Professor & Mrs P Baldwin Mr & Mrs E C Ramsay 1999 Mr & Mrs A Bentley G W B Darch* B The Hon Lady Ramsbotham* Mr & Mrs A Bolton and their family Miss J Ritchie* S R D McArthur C (through the Boltini Trust) M C Parfitt* Coll Dr K Sparke-Rogstad Mrs E Botes Mr J Rowsell C F Somerset* G Mr G R Bourne & Professor J Mossman* J S Yarrow Coll Mr & Mrs H Sasmito Mr R Boyns Mr J J H Smith 2000 Mr & Mrs K F Bruce Mr & Mrs R Stemmons H I Abdullah H Drs I & Z Cameron* Mr & Mrs D Swanson E A J Marsh B Mr & Mrs R Carlson* Dr T S C Tang & Mrs L S Lo* J G Williams* Coll Mr & Mrs G F Casey* Miss T J Templer Professors T K & V N Y Chan* Mr A H Thompson* 2001 Mr & Mrs Y W Chan B A Bolton Q Mr & Mrs T Throsby Mr & Mrs S B A Cheetham H S M Robertson B Dr P Toone* Dr I Cho & Mrs K Nam* Dr R D Townsend* 2002 Dr B M Choi & Mrs J H Chang Mrs S P Tulloch* R K Y Kam D Mr & Mrs W Chui Mr & Mrs A K Walkling S S Kirshan B Mrs C Corson* Mr & Mrs E L Wess* J W Mortimer H Mr & Mrs A P Costello Mr S F Wheatcroft* 2003 Mrs J Crook* Sir John Whitehead A R M Bird F Mr E R Day Mr & Mrs R C M Wigley D J Bruce K Mr & Mrs R de Bree Mr T Wolf & Mrs M Chin-Wolf* S A Buldakov* A Mr & Mrs N J Duncan* Mr & Mrs J Woodman S S M Ho* K Miss K Dunn* J S Pringle* C The late Mary, Viscountess Eccles* J E M Robinson Coll Mrs R S Fellowes* Mr & Mrs J Flory 2004 Brigadier W Forsythe-Yorke T L Hemingway D Mr C T de M Fraser* W J R Myatt G Mr & Mrs S W J Fuller M D R Skinner* B Mr & Mrs K Furuzawa* H J Walker* K Mr & Mrs C Gadsden*
WINCHESTER COLLEGE ANNUAL REPORT 2010 44 Donations were received from a record 979 donors, an increase of 35% on the previous year and of 40% on the previous five-year average.
Charitable Trusts Wykehamist supporters to the 1980 G E Asher G Anonymous (3) American Friends of Winchester College D J Foster* H A R Taylor Charitable Trust* Anonymous (1) Arnold Foundation 1935 1981 Bebb Charitable Trust* B B King* Coll C G Ellis G Boltini Trust 1949 1982 Craigmyle Charitable Trust A J M Spokes* Coll Cray Trust* B A Groves K Cruach Trust 1951 1986 Eccles Family Trust* N W Daw Coll F A C Ilchman D Ellis Campbell Foundation 1953 1987 Kilfinan Trust* T P V Mammen I Lisbet Rausing & Peter Baldwin Trust F F R Fisher A Maclay Charitable Trust R C Gridley* C 1990 NJT Foundation* 1958 H C J Ormond Coll O J Colman Charitable Trust* J L Rolleston Coll 1993 Peter Stormonth Darling Charitable Trust* N R Sheppard H Reverend W N Monteith’s 2004 Charitable Trust* 1959 Samuel Storey Family Charitable Trust* M D S Donovan* A 1998 Seymour Strang Charitable Trust* 1961 R B W O’Keeffe C Stavros Niarchos Foundation P R M Thomas D 2001 Trees Hone Charitable Settlement 1964 S M Duncan F J L Hunter E 2006 THE AMERICAN FRIENDS OF 1966 H G Harris* E WINCHESTER COLLEGE G H Clark I W H J Wapshott C The American Friends of Winchester College is 1967 2008 an independent American 501(c)(3) charitable J R C Weir G O E S N Wapshott C corporation, which exists to support the School. 1969 2009 Winchester College is most grateful for the D F Gordon E O R Joost H continued assistance of the many donors who help S Sheridan E the School through their gifts to AFWC. 1970 Andrew Watt, Chairman M J D’Eath A Parents, past parents, staff, Mary Emerson, Executive Director E J Podell I L C Ross K former members of staff and other Steven Little, Treasurer supporters to the American Friends Lorna Stoddart, Secretary 1971 Meg Bradt, Director C N Plum E of Winchester College Michael Donovan, Director Mr R W Duemling Daniel Gordon, Director 1972 D S McCue G Mrs M Higgs* Richard Gridley, Director Mr K T Hoffman* Jonathan de Lande Long, Director 1973 Mr & Mrs L Israel* Henry Ormond, Director D W Ellison D Mr C T Jackson 1975 Mr & Mrs D H Kallman* C T Munger D Mr M B Pass A K W Powell C Mr F E Storer Jr Mr N Wapshott & Miss L Nicholson* 1976 Mr & Mrs E L Wess* J Y Campbell Coll Mr & Mrs G White* 1978 S D K Edwards B Charitable Trusts Fairfield County Community Foundation James and Chantal Sheridan Foundation
WINCHESTER COLLEGE ANNUAL REPORT 2010 45 Legacies Members of the Goddard Legacy Society on 31 August 2010
Robert Woods, as Chairman of the Development College du Boulay’s (C) Committee, has encouraged his readers on page 37 Anonymous (2) Anonymous (1) to consider leaving a legacy to Winchester College, C F Badcock 1939-43 M Bicknell 1949-54 also drawing attention to the existence of tax benefits. R H Bird 1945-50 R M J Burr 1946-51 C V Dinwiddy 1955-60 We have recently prepared a simple codicil form, D C Bonsall 1969-73 Sir Jeffery Bowman 1948-53 J P O Gibb 1949-54 which has been approved by a Wykehamist lawyer G S Hill 1940-45 Sir Michael Gow 1937-42 and which is readily available from the Development G P A Howe 1948-53 N J Hallings-Pott 1951-56 Office. This is designed to make the process an B Jensen 1949-54 W N M Lawrence 1948-53 extremely easy and economic one for those wishing to D Kingston 1943-48 P M Luttman-Johnson 1933-38 benefit the College in their wills, requiring merely the A D G Milne 1944-48 J H M Peel 1962-67 J R Rigby 1939-44 intended value of the legacy and a signature, albeit in Sir Patrick Moberly 1942-46 T Snow 1943-47 the presence of two independent witnesses. Thereafter, M P O Morford 1942-48 R A Moss 1948-53 P Stormonth Darling 1945-50 the codicil should be lodged safely with your will, thus R Rawlence 1951-56 J J des C Virden 1950-55 ensuring that its directions are incorporated (please!) P A Stables 1947-52 J F Willmer 1943-49 within any future will that may be made. C D Stewart-Smith 1954-59 T C Ulrich 1951-55 Fearon’s (D) The tax benefits derived from leaving a charitable D R Woolley 1953-57 legacy are both considerable and compelling, however Anonymous (1) great or small its value. The current 40% rate of Chernocke (A) J C P Boyes-Watson 1937-42 Inheritance Tax enables a legacy worth, say, £50,000 F W Edwards 1943-48 Anonymous (2) Earl Ferrers 1942-47 to Winchester College to cost the deceased’s estate J R F Adams 1947-52 H R W Murray 1951-56 only £30,000. W J Albery 1949-54 J H Silley 1950-55 T F M Bebb 1949-53 Usually testators direct us to use their legacies to A R W Smithers 1951-55 C M Brett 1955-60 P C Stevens 1953-58 build up our endowment funds, which help us to G D Dean 1950-56 G A Stobart 1949-54 meet our long-term charitable objectives, primarily R T Fox 1950-55 M J L Stow 1934-39 bursaries, ancient buildings and Quiristers. These P B Hay 1955-60 J C Willis 1988-93 funds are included with our other long-term assets H O R Humphrys 1959-64 and carefully managed by the Investment Committee P G Littlehales 1952-56 Morshead’s (E) (see Mark Loveday’s report on pages 30 and 31). C F Popham 1935-40 V A L Powell 1953-58 Anonymous (1) Our Disbursement Committee (see page 37) also R J Priestley 1960-65 H G Ashton 1943-48 usually allocates those legacies which have no J J B Rowe 1951-56 G T K Boney 1958-63 particular strings attached to support those same A N E Wilson 1988-90 W J S Date 1956-62 three objectives. P A Davis 1955-60 Moberly’s (B) G H G Doggart 1938-43 The Sub-Warden, Robin Fox(A, 1950-55), is the D N Beevor 1954-59 R M Formby 1951-56 Goddard Legacy Society’s Chairman. He hopes D L S Campbell 1932-37 W N J Howard 1945-50 very much, as I do, that all those who are leaving Sir David Davies 1953-58 Lord Howe of Aberavon 1940-45 the School a legacy will enable us to express our A S G Drew 1952-57 A C R Howman 1945-49 appreciation to you in person by joining our legacy R D K Edwards 1948-53 D H Hunter 1950-54 society, for which events are arranged each year. S F Every 1943-47 Sir Andrew Longmore 1958-62 T G S Maxwell 1947-52 Please don’t hesitate to contact me (on 01962 621151 N M H Jones 1960-65 R H A MacDougald 1968-72 B K Peppiatt 1947-52 or at [email protected]), should you wish to take Q N J Marshall 1986-91 D R Peppiatt 1944-48 matters further. Remember, the process can be easy, M Maynard 1940-45 H M Priestley 1955-60 economic, tax efficient … and even fun! C M Moore 1958-62 J W Robertson 1947-52 R N E Smith 1960-65 R M O Stanley 1944-49 J F Taylor 1949-54 Sir Michael Turner 1945-49 T G T Taylor 1944-49 C N Villiers 1954-59 J A C Watherston 1957-62 R J Woodward 1943-47
David Fellowes (I, 1963-67) Director of Winchester College Society
WINCHESTER COLLEGE ANNUAL REPORT 2010 46 Legacies promised 2,420 (cumulative) 2,372 1,833 1,756 1,466 971
04/05 05/0606/07 07/08 08/09 09/10
Hawkins’ (F) Turner’s (I) Past Parents Anonymous (2) Anonymous (1) Commander & Mrs C B Dawe J B H Francis 1942-47 G D Apperly 2002-07 Mr E R Day D C E Helme 1934-39 D W L Fellowes 1963-67 Professor A Elliott-Kelly I L M Henry 1980-85 D Hill 1940-45 Mrs V A Fellowes P L A Jamieson 1951-56 P S W K Maclure 1952-57 Mr C Gadsden Sir Andrew Large 1956-60 N F McCarthy 1945-50 Mrs M Gadsden M J P Martin 1932-38 Viscount Montgomery 1942-46 Mr D Jones R N Philipson-Stow 1950-55 E J Podell 1969-70 Mr R J Jones J R Sanders 1956-61 D J Wilson 1950-54 Mrs S Jones C W Taylor-Young 1947-52 J G Wyatt 1950-55 Mr W H Lowe A R H Worssam 1938-41 Mrs C Middleditch Dr A Olliff-Cooper Kingsgate (K) Miss J Ritchie Sergeant’s (G) Anonymous (2) Anonymous (2) C A A Black 1950-55 Staff M T Barstow 1934-39 M C Clarke 1954-59 J T S Bower 1948-53 R J Gould 1936-41 Anonymous (1) P H F Bullard 1947-51 Sir Jeremy Morse 1942-46 Former member of staff A M Collett 1951-56 G G E Stibbe 1971-76 T H Drabble 1948-53 D R Strangwayes-Booth 1951-55 Mr A H Thompson G G Ferguson 1947-52 C H Van der Noot 1953-57 A H Gordon Clark 1948-52 H W C Wilson 1939-44 Other members S Gordon Clark 1957-61 Mr R Perry S T Grandage 1950-55 Quiristers (Q) R L Hancock 1941-46 G I Grange 1958-60 Legacies received J D V Phipps 1943-48 R W G Raybould 1954-60 During the year to 31st August 2010 we received J V H Robins 1952-56 legacies from the estates of the following: Sir Roger Vickers 1958-63 D M Bennetts (D, 1957-62) C G C Vyvyan 1958-62 G C H Ferard (E, 1945-50) H E Webb 1940-45 A H Gordon Honorary Wykehamist P H S Wettern 1941-45 C A McDowall (H, 1927-32) H White 1949-54 D C Norris-Jones Past Parent R B Woods 1960-64 We remain indebted to them and to their Bramston’s (H) families for having committed their generous contributions towards securing the School’s future. E D Armstrong 1936-41 Sir Christopher Audland 1939-44 M H Heycock 1942-46 M L Hichens 1939-43 M A Loveday 1957-62 R H W Marten 1956-61 G F W Swan 1943-48 D M Watney 1945-49
WINCHESTER COLLEGE ANNUAL REPORT 2010 47 The Visitor Governing Body NOMINATIONS COMMITTEE The Lord Bishop of Winchester Committee structure Sir David Clementi Chairman (The Rt Rev’d Michael Scott-JoyntMA ) During the year, the activities of the Governing Robin Fox Body were carried out through six primary Robert Sutton Governing Body committees and one sub-committee. The current Headmaster membership of these committees is as follows: The Warden and Fellows Bursar The Fellows of Winchester College who held ACADEMIC AND PASTORAL COMMITTEE AUDIT AND RISK COMMITTEE office during the year and subsequently were: Professor Sir Curtis Price Chairman * Robin Fox Chairman Sir David Clementi MA, MBA Warden Dr John Nightingale * Robert Sutton Robin Fox CBE, MA, FCIB Sub-Warden Michael St John Parker Sir Andrew Longmore Professor David Hanna BA, PhD, FRS Professor Christopher Sachrajda (retired 5 December 2009) Jean Ritchie Headmaster *John Nightingale MA, DPhil Peter Davis Adviser Bursar *Robert Sutton BA Headmaster Second Master The Rev’d Canon Jane ShawMA, PhD Bursar (resigned 31 August 2010) Director of Studies Deputy Bursar/Chief Accountant *The Rt Hon Sir Andrew LongmorePC, MA Master in College Michael St John Parker MA INVESTMENT COMMITTEE FINANCE COMMITTEE Sub-committee of Finance Committee *Robert Woods CBE, MA Robin Fox Chairman Mark Loveday Chairman *Mark Loveday MA Robert Sutton Robin Fox Jean Ritchie QC, LLM Robert Woods Andrew Joy Adviser Professor Sir Curtis Price KBE, AM, PhD Mark Loveday Andrew Sykes Adviser Professor Christopher Sachrajda Charles Sinclair FRS, PhD, FInstP, CPhys Hugh Priestley Adviser (appointed 13 March 2010) Headmaster Robert Sebag-Montefiore Adviser *Charles Sinclair CBE, BA Bursar Deputy Bursar/Chief Accountant (appointed 28 November 2010) Deputy Bursar/Chief Accountant Estates Bursar
*Wykehamists WORKS COMMITTEE Michael St John Parker Chairman Senior Management Officers Robin Fox Committee Ralph Townsend MA, DPhil Headmaster Jean Ritchie Dr Ralph Townsend Headmaster Jeffrey HynamMPhil, BEd, ACP Bursar & Jon Stanwyck Adviser Jeffrey HynamBursar Secretary to the Governing Body Headmaster Robert Wyke Second Master Bursar Steven Little Deputy Bursar/Chief Accountant Second Master Michael Wallis Chairman of Common Room Committee Works Bursar Steven Bailey Senior Housemaster DEVELOPMENT COMMITTEE (until December 2009) Robert Woods Chairman Alastair Land Master in College Senior Housemaster from January 2010 Robin Fox Keith Pusey Registrar Dr John Nightingale John Wells Works Bursar Charles Sinclair Dr James Webster Director of Studies William Eccles Adviser David Fellowes Director of Winchester Richard Morse Adviser College Society Peter Davis Adviser (resigned January 2010) Lorna Stoddart Director of Development Peter Stormonth Darling Adviser & Director of Winchester College Society (resigned September 2010) Stephen Anderson Senior Tutor Headmaster Elizabeth Stone Under Master Bursar Director of Development Director of the Winchester College Society Deputy Director of Development Domestic Bursar
WINCHESTER COLLEGE ANNUAL REPORT 2010 48 Contact details
Winchester College College Street Winchester SO23 9LX Tel: 01962 621100 Fax: 01962 621106 Winchester College Society Development Office 17 College Street Winchester SO23 9LX Tel: 01962 621217 Email: [email protected] Bankers National Westminster Bank plc 105 High Street Winchester Hampshire SO23 9AW Solicitors Farrer & Co LLP Dutton Gregory Trussell House 23 St Peter's Street Winchester SO23 8BT Auditors Crowe Clark Whitehill LLP St Bride’s House 10 Salisbury Square London EC4Y 8EH Insurance Brokers Marsh Brokers Limited Capital House 1-5 Perrymount Road Haywards Heath RH16 3SY
Design Contagious www.contagiouseducation.co.uk Photography Kin Ho www.kinho.com Special thanks to Jonathan Davis Paul Dennett Priscylla Lim Jen Weeks Oliver Thorold Sam Hart
WINCHESTER COLLEGE ANNUAL REPORT 2010 50 REGISTERED CHARITY NO: 1139000