Investing in the future - wincollsoc.org

Investing in the future

WINCHESTER COLLEGE ANNUAL REPORT 2010

WINCHESTER COLLEGE ANNUAL REPORT 2010 49

Contents

From the Warden & the Headmaster 2Sir David Clementi & Dr Ralph Townsend

A Financial Report from the Bursar 5Jeff Hynam

Investing in the future—Jonathan Davis 8Bursaries – the way forward—Paul Dennett 10A view from the East—Priscylla Lim 14A chance to shine—Jen Weeks 18Meeting the carbon challenge—Oliver Thorold 22A sporting chance—Sam Hart 26

A Report from the Chairman of the 30Investment CommitteeMark Loveday

Summary statement of financial activities 32

Summary balance sheet 33

A Report from the Chairman of the 34Development CommitteeRobert Woods

Acknowledgements 38Benefactors, Patrons, Donations and Legacies

Governing Body and Committees 48

Contact details inside back cover


Welcome to our annual report for 2010,the year in which Winchester Collegebecame a Registered Charity. Whilst thismarks a new development in the School’scharitable status, the educational benefitwe offer has been accessible to a wideconstituency for over 600 years.

In 1382, the Founder, William of Wykeham, put upbuildings in which seventy poor boys could live andlearn, funded entirely out of the endowment he left.That principle has been in place ever since.

The reforms in funding procedure stimulated bythe Charity Commissioners are consistent withWinchester’s pursuit not of elitism but of excellence.And this excellence is shared and broadened not onlyin creating access for boys of ability who want to joinour school, but also through our commitment to the community.

In this annual report we tell the continuing storyof the School’s activities and developments as wellas offering a transparent account of its currentfinancial position.

Welcome to Winchester College


The year 2011 sees the four-hundredthanniversary of the publication ofthe King James Version of the Bible.Exhibitions are planned all over thecountry to celebrate what is commonlyrecognised as one of the great literaryachievements in the history ofEnglish literature.

Winchester College was intimately involved in theproduction of the KJV and we shall be holding ourown exhibition in School over the summer months.John Harmar (1555-1613), Headmaster (1588-1595)and Warden (1596-1613) was one of the great Greekscholars of his day, holding the post of RegiusProfessor of Greek at Oxford from 1585-1590.He was responsible for the first Greek book printedat Oxford, and in 1604 he was assigned as one of theOxford scholars to work on the translation of the

Gospels, the Acts of the Apostles and the Book ofRevelation for the KJV. This work he carried out inthe Warden’s Lodgings, in the room which now bearshis name and holds the unique collection of foreign-language bibles bequeathed by him to the College.

Until last year, Winchester did not possess a firstedition of the KJV, but this ironic gap was filledwhen the Warden and Fellows collectively donatedthat volume, now placed in a display case speciallymade for it and housed in the Warden Harmar Room.This volume will be the centrepiece of the exhibitioncurrently being arranged by the Fellows’ Librarian,Dr Geoffrey Day, with the professional assistanceof Mr Paul Quarrie. The exhibition will be opento the general public during August. In Septemberall Wykehamists will be introduced to the exhibitionas part of their Div programme, and schoolsfrom around the county will also be given anopportunity to visit.

From the Warden & the HeadmasterSir David Clementi (E, 1962-67) & Dr Ralph Townsend

Dr Ralph Townsend HeadmasterSir David Clementi Warden


The Winchester Bibles Exhibition will be the centralevent of 2011. All members of the WinchesterCollege Society and the Friends of the College willbe invited to come and see it.

Looking back over the past year, the School is ingood heart. The first results of the Cambridge Pre-Uexamination, of which Winchester is the flagship,were excellent and justify our decision to embracethis more challenging credential to underpin oursenior academic programme. Our Oxbridge andUS Ivy League numbers continue to be high.Several of our 2010 leavers won prestigious awards to US universities. Our success in cricket, racketsand fives places Winchester at the top of thosesports nationally. Sam Hart reports on the progressof sport in the School in pages that follow. Musicpermeates the School’s daily life, as is evidenced inthe regular recordings produced by Chapel Choirand by Glee Club’s performances of such summitsof the repertoire as Bach’s B Minor Mass (performedin the Cathedral in November 2010).

As Jonathan Davis notes in this report, Winchesterhas in recent years eschewed any tendency to beinsular. As a matter of custom we welcome manyvisitors to the School as part of our academicprogramme. For several years now two boys from theJohannes Kepler Grammar School in Prague, with thestatus of Exhibitioner, have joined us for the whole ofCommon Time, reminding Wykehamists they are notalways the best mathematicians in Europe! Since 2006we have held a Winchester Symposium twice a year,in February and November, when sixth formers fromvarious girls’ schools join our boys for a Sunday ofspecialist advanced study. The day is planned aroundfour subject areas (there is a different combination for

each symposium). An invited guest expert leads theday, in which a key-note talk is followed by groupprojects and discussion. A formal lunch is held inSchool to provide an opportunity for widerintellectual and social engagement. The symposiumheld in November 2010 was the tenth in the seriesand was made up of groups working in Art History,Economics, German and Design Technology andincluded girls from Downe House, Midhurst RotherCollege (for more on our links with MRC see JenWeeks’s article later), St Swithun’s and City ofLondon Girls.

Other meetings have included girls from St Mary’sCalne, St Mary’s Ascot, North London Collegiate andGodolphin School, Salisbury. At the annual Studium(a regular feature since 2002), held in October, whennormal lessons are suspended for a day, the Schoolwelcomed among its guest speakers Sir SherardCowper-Coles (on Afghanistan), John Pilkington(on ‘The Axis of Evil’), Alex Figden and Josh Ellis(on information security), Charles Barda, AdrianHornsby, William Shield and Malcom Moore (onChina), Ava Easton (on research on encephalitis),Rear Admiral John Lippiett (on the Mary Rose),Robert Hall (on the news machine), Lord Lawson(on global warming policy), Anthony Smith (onCharles Darwin), Oliver Kamm (on the economy),Bishop Michael Nazir-Ali (on the place of moral andspiritual tradition in decision-making in the publicsphere), Professor Peter Littlewood (on chaostheory) and Anil Gupta (on writing comedy).

Dons’ Common Room continues to be a lively,scholarly, harmonious assembly of excellent teachers andschoolmasters, and the pastoral care of the boys is in thehands of a team of highly professional Housemasters.

Looking back over the past year, the School is in good heart. The firstresults of the Cambridge Pre-U examination, of which Winchester isthe flagship, were excellent and justify our decision to embrace this morechallenging credential to underpin our senior academic programme.Sir David Clementi Warden & Dr Ralph Townsend Headmaster

The Governing Body underwent a thoroughappraisal by the Chairman of the Association ofGoverning Bodies of Independent Schools inNovember and was judged to be carrying out itsaffairs very effectively. Two new Fellows have joinedthe Governing Body, Mr Charles Sinclair (B, 1961-66),and Dr Peggy Frith of New College.

Our registrations for places in theSchool up to 2014 have never beenhealthier. We feel confident about our future and our distinctive place in British and internationaleducation.

Various important events are planned around theworld during the coming year. At home, the mostsignificant among them will be an Ad Portasceremony, to be held in May, at which twenty-fiveOld Wykehamist Fellows of the Royal Society andFellows of the British Academy will be accorded theCollege’s highest honour in being presented formallyto the School in Chamber Court. The WinchesterInternational Symposium which met for the firsttime in Winchester last March, will this year meet inNashville Tennessee, where two VI Book Wykehamistswill join eighteen of their peers from around theworld to study and write together on the theme ofHealth Care. Immediately after the Symposium theHeadmaster, the Registrar and the two boys will takepart in a day conference with the Education Facultyat the University of Pennsylvania. In April there willbe a major gathering of the Winchester communityin Hong Kong, with the Headmaster present;entertainment will be provided by young OWs

currently studying at university who will form aclose-harmony choir as a specially-constitutedCantores Episcopi. The Headmaster will addressan international conference organised by Chineseeducationists in New York in July (as he did inBeijing last summer).

While Paul Dennett, in his article which follows,alerts us to the risk in means-testing for allscholarships, the quality of Election candidates inrecent years has been as good as ever. Priscylla Lim,in her appreciation of Science at Winchester, rightlyobserves that we will not compromise quality withpopular “brand”. We do not shrink from searchingfor solutions to challenges ahead, not least the issuesof sustainability described by Oliver Thorold in laterpages. Our registrations for places in the School upto 2014 have never been healthier. We feel confidentabout our future and our distinctive place in Britishand international education. Our ability to enhanceaccess for those who cannot afford the fees withoutfinancial assistance is growing all the time, thanks tothose generous donors who support our commitmentto building up the endowment for bursaries and forthe maintenance of the Quiristers. We are mostgrateful for that support.

Sir David ClementiWarden

Dr Ralph TownsendHeadmaster



Jeff Hynam Bursar & Secretary to the Governing Body

A Financial Report from the BursarJeff Hynam

On a group basis the College generated an operatingsurplus of £947,000 in the year to 31 August 2010.Income increased at a greater rate than expenditureresulting in a healthier end-of-year position comparedwith the previous year. In addition to fees the Collegegenerates income through trading, investments andfund-raising. The College continued its programme ofmajor refurbishment of boarding houses, which madeup a significant proportion of the total expenditureon capital projects of £2.1m.

Income. The College’s accounts are consolidated toincorporate the results of its two trading subsidiaries,Beam Design Limited and Winchester CollegeTrading Company Limited.

Gross income for the year was £24m, an increase of1.6% on the previous year. Of this gross fee incomewas £19.3m, also an increase of 1.6%. Although feeswere put up by 3.5%, pupil numbers were slightlylower than the previous year.

The College’s subsidiaries are wholly-owned, carryout trading activities and donate their profits to theCollege through gift aid to benefit its charitableactivities. Both traded profitably and the group’strading activities contributed a net £231,000, a 13%improvement on the previous year. WinchesterCollege Enterprises had a particularly good year.

For the third year in a row investment income heldsteady at just under £1.4 million. The College’s totalreturn approach added a further £743,000 of funds foruse by the College. Less positively, interest receivablefell significantly for the second year running as aresult of continuing low levels of interest.

Grant and donation income increased by £158,000(10.4%) to £1,675,000. With the introduction of theWykeham Campaign in spring 2008 to support andincrease three key elements of the College’s charitableactivities, provision of bursaries, maintenance of theQuirister choral foundation and the preservation ofthe College’s ancient buildings, the College investedsignificant time and resources in its fundraising effortand this continuing growth in donations received isencouraging.

Expenditure. Total expenditure, including scholarshipsand bursaries, increased by 0.2% to £23.1m. That costsincreased at a slower rate than income reflected theCollege’s efforts to control its costs and promoteefficiency, rather than any reduction in the level of itsactivities or cutting back on its efforts to improve itsteaching and boarding facilities through its majorbuilding maintenance and refurbishment programme.


Income (£’000)

1 Gross school fee income 19,3032 Investment income 1,3833 Interest receivable 1154 Grants and donations receivable 1,6755 Trading and other income 1,580

Total income 24,056

Expenditure (£’000)Revenue expenditure

1 Teaching 8,4542 Accommodation and welfare 3,6843 Premises, repairs and maintenance 6,0234 Scholarships and bursaries 1,5425 Quiristers 1796 Ancient buildings and collections 3017 Support and other costs 2,926

Total expenditure 23,109

Net income 947

Capital expenditure 2,138

Teaching and related costs. £8.5m for the year, £7.0mof which was the cost of employing teaching staff.

Accommodation and Welfare Costs. £3.7m for theyear, relating mostly to the cost of running theboarding houses and College

Premises Costs. The College continued to spendheavily on its programme to improve boardingaccommodation. Total expenditure before depreciationwas £4.5m. In addition £1.9m was spent on Schoolbuildings, including £1.4m on the refurbishment ofDu Boulay’s. A similar refurbishment is currentlybeing undertaken in Hawkin’s and Kingsgate Houseis scheduled for 2011/12.

Support and Other Costs. £2.9m for the year, relatingto a range of support functions including academicadministration and the registry, the bursary,development office, investment management, auditand trading, legal and professional fees and thecosts of governance.

Grants and Awards. These include scholarships,bursaries, Quiristers and other awards. In the yearto 31 August 2010 scholarships, bursaries and otherawards were given to 191 pupils and totalled £1.5m(2009: 184 pupils; £1.5m). This investment representsnearly 8% of gross fee income, with most of thefunding derived from the College’s trusts andendowments. 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 receivingmeans-tested bursaries totalling £701,000. The total‘spend’ on bursaries has increased significantly over thelast eight years, as has the average value per applicant.

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 £743,000of funds for use by the College.Jeff Hynam Bursar & Secretary to the Governing Body

The number of bursaries at the ‘higher end’ has alsoincreased steadily. In 2010/11 one pupil is fully funded,including ‘extras’; two other pupils receive bursariesin excess of 90%, and four more in excess of 80%.A total of 26 out of the 48 receive bursaries in excessof 50% and forty out of the 48 in excess of 30%.

The policy of the Warden and Fellows in regard toawarding grants is consistent with the furtheranceof the Charity’s Objects. Scholarships and prizesand most other similar awards are awarded on thebasis of merit and educational ability; bursaries aredetermined on the basis of need. From 2011 all fundsawarded from the endowment (whether to parents ofScholars or Commoners) will be by way of a bursary.

Over time it is the College’s aim to be in a positionto raise enough endowment to fund the equivalentof 10% of the College on full bursaries and a further20% on an average of half a bursary (i.e. about 200boys on an average bursary of 66%). It is hoped toachieve this objective by the year 2017.

The Quiristers continue to receive 50% remissionof fees at Pilgrims’ School and the cost of this to theCollege was £158,000 (2009: £150,000). This automaticremission will reduce to 40% from September 2011;a fund-raising campaign to provide bursary supportfor Quiristers has commenced.

Jeff HynamBursar & Secretary to the Governing Body

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56

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Income %1 Gross school fee income 80.22 Investment income 5.73 Interest receivable 0.54 Grants and donations receivable 7.05 Trading and other income 6.6

Expenditure %1 Teaching 36.62 Accommodation and welfare 15.93 Premises, repairs and maintenance 26.04 Scholarships and bursaries 6.75 Quiristers 0.86 Ancient buildings and collections 1.37 Support and other costs 12.7

1

5

2

3

Investing in the futureJonathan Davis (Coll, 1967-71) our guest editor this year, arrived atWinchester in 1967. He is encouraged to find that the College isembracing new ideas and looking forward, not back.

The Winchester experience shapes allof us in different ways, not all of themevident at the time. I never expectedthat my working life, after a relativelyconventional start as a professionaljournalist, would turn into a portfoliocareer, with alternating periods offull-time and self employment acrossa wide range of different activities:writing, editing, publishing, consulting,researching, and most recently,managing, fundraising and advising inthe investment business (with the gameof bridge as a compelling sideline).“Independent and enquiring mind; thinks straightand communicates well: cheerfulness allied toantinomian tendencies” was roughly how myhousemaster, Martin Scott, categorised this studentat the time, and with the exception perhaps of theantinomian tendencies (a phrase which I rememberhaving to translate rather loosely for the benefit ofmy mother), that would sum up quite well for mewhat a Wykehamical education instils in thosefortunate enough to be able to experience it.

What a portfolio career lacks in terms of stability andaccrued pension benefits is more than compensatedfor, I have found, by a richer variety of experienceand the freedom to think and structure one’s lifeindependently. It has led me, variously, to be afounding shareholder in The Week; the investmentdirector of a Brazilian farmland fund; a regularnewspaper columnist In The Independent and

Financial Times for 15 years; the author of threebooks (with two more in the pipeline); an adviser tosome colourful businessmen; a non-executive directorof several companies; creator of the IndependentInvestor website; and, not least, for six years unpaidchairman of the Savile Club, a wonderful institutionin London’s West End (pictured, right), whose motto“Leave your halo in the hall” perfectly sums up itsmembers’ ingrained aversion to pomposity and self-regard in all their forms. (I am happy to say that wehave been able to recruit several young Wykehamistsin the past 12 months, helped by our ultra-lowstarting subscription rates for recent graduates).

Intellectual curiosity and an appreciation of the beautyof physical environment are the two great debts that Iowe to Winchester and the reason I continue to takean active interest in the School. The five short featuresthat follow illustrate, I hope, that the College continuesto combine its traditional high academic standardswith an ability to adapt to new external challenges.There have been occasions when, in my experience,the School has seemed somewhat insular and overlywilling to rest on its laurels. In researching thesestories, however, I detect encouraging evidencethat the pace of innovation is accelerating and awillingness to reach out to a wider community andembrace its concerns is being energetically embracedwithin the School’s beautiful, but (as Oliver Thoroldhelpfully reminds us) far from modern or efficientphysical infrastructure.

Jonathan Davis



Intellectual curiosity and an appreciation of the beauty ofphysical environment are the two great debts that I owe toWinchester and the reason I continue to take an activeinterest in the School.Jonathan Davis


Bursaries – the way forwardPaul Dennett (Coll, 1988-93) was the beneficiary of financial supportas a Wykehamist. Now he makes a career out of helping others enjoythe same advantage.


Academic strength has always been at the heart of the School’sdistinctive appeal, and continuing to ensure that Winchesterdraws the most able pupils will be the great challenge as thenew system is phased in.Paul Dennett

Paul Dennett, a 36-year-old fundraisingconsultant, is a poster child for thebursary scheme which is set to becomethe dominant form of financialassistance offered by Winchester toattract boys of high academic potentialto the School. When he arrived as aCollegeman in 1988, he was one of onlytwo boys from a state school to be onthat year’s scholarship roll, his placefunded by a combination of automaticallyremitted fees (the standard scholarshiparrangement, now being phased out)and by bursaries donated anonymouslyby Old Wykehamists and others.

To this day he does not know who the benefactorswere who enabled his parents, a primary schoolteacher and retired CEGB engineer from Lymingtonin Hampshire, to send him to Winchester. Nor doeshe know quite why he was chosen, since his owncomprehensive was unable to teach him (or eitherof his two brothers) the trigonometry that wasneeded to answer most of the questions in themaths scholarship exam, and he does not remembershining in any particular subject. It may have helped,he thinks now, looking back, that when he wascalled for interview he had not yet decided whetherthe unexpected opportunity to pursue a Winchestereducation was right for him. He therefore perhapsfelt he had little to lose and answered moreboldly than he felt.


As only one of two children from a comprehensiveamongst a crowd of former prep school boys, albeitone who had shown a voracious appetite for readingevery book he could find in his parents’ house, hisfirst reward on arriving at the School was to be giventhe nickname “Kevin” by his fellow Collegemen,a teenage gesture that he was more than happy totake in his stride. It helped, he recalls, that he was14 on the day he arrived and therefore older,physically larger and more socially experiencedthan his contemporaries, many of whom, he recalls,“had yet to meet, let alone go out with, a girl”.

Although he spent a good part of his five years atthe School in a lower set than his fellow scholars,reflecting how far behind in his learning he was onhis arrival, he more than made up for it with hisenergetic involvement in extra-curricular activities.These included a lot of sport, notably squash,running and Winchester Football (which he loved),time in the CCF and enthusiastic participation intheatre set design and stage management. He looksback on his time at the School as hugely rewarding,both for what he learnt, and for the close friendshipshe was able to forge in a close-knit community.

His time at Winchester over, Mr Dennett went onto read psychology at University College, London,and since then to a career, appropriately enough,as a professional fundraiser and development officer,with a particular emphasis on secondary and highereducation. His interest, he says, was sparked in partby reflecting on his own good fortune in beingchosen for Winchester and in part by his earlyinvolvement in a school telephone campaign(the first of several).


After 8 years in a variety of roles, including DeputyDirector of Development, at UCL, he moved to a jobas head of Charitable Giving at the British Library,and since 2007 has worked as a partner in aspecialist consultancy firm which advises schools anduniversities, amongst others, on their developmentcampaigns. Winchester has been one of the beneficiariesof his professional advice, and he himself has been aregular donor, while acknowledging that he is unlikelyto be able to repay the £150,000 odd of fees that hisfive years at the School would cost, at current prices.

He looks back on his time at the Schoolas hugely rewarding, both for what helearnt, and for the close friendships hewas able to forge.

While very pleased with the School’s overduedecision to put its development campaign intofull-time professional hands, he confesses to mixedfeelings about the plan to phase out automaticremission of fees for scholars in favour of a 100%commitment to means-tested bursaries. “On the onehand I am delighted that the School will be offeringmore boys like me the opportunity to share in a firstclass education. Despite initial concerns I might havehad about the move to 100% means testing puttingoff applicants, I hear that demand for places inCollege remains as buoyant as ever”. Academicstrength has always been at the heart of the School’sdistinctive appeal, and continuing to ensure thatWinchester draws the most able pupils will be thegreat challenge as the new system is phased in.

Investing in bursaries

Since the Governing Body decided inSeptember 2005 to reduce the value ofscholarships, greater and greater fundshave become available for bursaries.This has allowed the School not just tooffer bursaries to more pupils, but alsoto deepen those bursaries by increasingthe average value per award, raising thethreshold where parents qualify forbursaries and offering more and more“high end” awards. At the same time thereis no slackening in demand for election toCollege with both the number and qualityof applicants remaining robust.

In the 2005/2006 academic year bursariestotalling £303,000 were awarded to just17 pupils. In the 2009/2010 year, £620,000was awarded to 51 pupils. In the currentyear more than £700,000 has already beenawarded, with one pupil fully funded,including “extras”, two receiving bursariesin excess of 90% and four more in excessof 80%. A total of 26 receive more than50% help with school fees.

05/06 06/07 07/08 08/09 09/10 10/11�

303,

390

332,

976

368,

074

422,

360

620,

124

775,

000

Bursaries awardedBursary investment (£) Number of pupils awarded bursaries

17

34 35

41

51

48


A view from the EastRyan Lim (F, 2003-07) remembers Science School and its donswith particular gratitude. Here his mother records the value ofan excellent British education from the Asian perspective.

One of the things that impressed me most about Winchester wasthat it continues to put its commitment to a first class educationabove the easy commercial gains which could be had by turningthe Winchester “brand” into a profit-driven entity.Priscylla Lim



Boys from families living overseas, themajority of them Asian, now account forone in eight of the intake at Winchester,and their parents provide a usefulalternative perspective on the Schoolas it is seen from the other side of theglobe. Priscylla Lim, a businesswomanand philanthropist whose son Ryan Limspent four years in Chawker’s, says thatone of the things that impressed hermost about Winchester was that itcontinues to put its commitment to afirst class education above the easycommercial gains which could be hadby turning the Winchester “brand”into a profit-driven entity.

A certain otherworldliness is part of the School’scharm, she says, and it was one of the reasons why,having decided that a British public school educationwas best for her son, she chose Winchester inpreference to the alternatives, some with granderpretensions. She doubts that the satelliteestablishments which some other public schoolsare starting to set up in Asia, in order to tap intothe strong regional demand for high quality Englisheducation, can ever offer an experience to matchthat of physically attending school in England.

Nor does she favour the habit of parents sendingboys from overseas to spend their last year only atschool in England. Far better than this “polishing off”,in her view, is that boys should have the benefit of a

full five years of the English experience, not justto get used to living in a colder climate, but also toensure that they gain as much as possible from theteaching and pastoral care provided by the dons, who in her eyes are “the real unsung heroes” of theWykehamist experience. As for Ryan, she says, “he loved it from day one — the dorm, living with awhole group of boys, going into town, the seasons,the way the dons taught, the beautiful surroundings.At age 13, Singapore boys are well-equipped to takenotes, keep books tidy, hand in homework, so thework part was not a big problem. Of course, it is forthe parents and the school to be convinced themselvesthat the boy is ready for boarding school life”.

To Asian eyes the quirks of life at Winchester canalso be a source of amusement, it seems. Mrs Limdescribes her son’s dismay at finding, at the startof a new school year, that his bed in Chawker’s hadbeen placed under a beam, which might be consideredinauspicious by many Chinese. When the issue wasraised with Ryan’s housemaster Nick MacKinnon,he told him, in time-honoured fashion, to “get onwith it”. Undeterred, Ryan and his room-materemoved the bolts which anchored their beds to thefloor, moved them around so that neither was anylonger under the offending beam and placed a matover the evidence of their manoeuvre. It remainedundetected for the rest of the year.

Clearly a resourceful boy, who raced through hisexams, Ryan left the School after just four years toreturn for his national service in Singapore, beforegoing on to read Law at Oxford. Mrs Lim subsequentlydecided to make a donation of his fifth year’s fees inrecognition of all that the dons had done for him.


Shaping the future

A Winchester education is unique.Our pupils enjoy good teaching andour dons enjoy the liveliness of brightpupils. Our aim is to foster a networkof good relationships and to ensurea high level of individual support.Everything we do at Winchester is anaspect of our care of the boys. We thinkof ourselves as a network of friends:subject dons, Div dons and chaplainsup to books, and Housemasters withtheir teams of tutors, matrons andother staff up to House, underpin thisnetwork of support.

More than £5 of every £10 of ourexpenditure is spent on staff, with £3 ofthat going directly to teaching. Add tothat the non-staff costs of teaching, andnearly £4 in every £10 is spent on theclassroom, even before taking intoaccount the costs of maintaining andimproving our teaching facilities — thediv rooms, laboratories, practice roomsand workshops which all contribute somuch to a Winchester education.

“Winchester lives up to its vision and the donslead by example” she says, naming John Cullerne,a physics don and housemaster of Trants, as aparticular inspiration. The two things Ryan gainedmost from Winchester were “enjoyment inintellectual challenge, and the friends he has made.Worst thing — he’s learned about English beer,which smells awful to me!” The other thing thatdefeated her was Winchester College Football:“a tug-of-war plus football-of-sorts whilst hangingon for dear life to a rope, played on a muddy field— I’ve never quite understood the rules nor charmsof this Winchester game”.

Boys should have the benefit of a fullfive years of the English experience toensure that they gain as much aspossible from the teaching and pastoralcare provided by the dons, “the realunsung heroes” of the Wykehamistexperience.

Asked for his suggestions as to how the donationmight be used, Ryan himself, says his mother,professed indifference to the fate of the Schoolbuildings, but felt the Science School was the placewhere he had been most inspired and thereforewanted to benefit the most. The fruit of her donationcan be seen today in three proud additions to ScienceSchool; a bust of Darwin, a large mural representationof the periodic tables and, most intriguing of all to anenquiring young mind, a working wind tunnel.

�Expenditure (£)1 Teaching staff 7,0112 Teaching other costs 1,4433 Boarding house and other staff 5,5234 Bursaries, Quiristers and

Ancient Buildings 2,0225 Premises and other costs 7,110

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A chance to shineTwo new initiatives give pupils from a state school in Midhurstthe opportunity to be taught by Winchester dons and set theirsights on Oxbridge.


The programme gives our students a wider learning and culturalexperience than they would otherwise expect to have. In a rural arealike ours, they typically don’t come into contact with such a diversegroup of people and this is an opportunity to broaden their horizons.Miss Jen Weeks, Assistant Principal, Midhurst Rother College


Twenty-four students at MidhurstRother College, an academy in theWest Sussex town of Midhurst, havebeen able to experience the teachingof Winchester College dons as part ofa recent initiative to forge greater linksbetween the independent and stateschool systems. The scheme has beenrunning since January 2009, when thenew academy formally opened, and mayyet develop into a more extensivecollaboration if the enthusiasticresponse of the inaugural group ofstudents is anything to go by.

Jen Weeks, Assistant Principal at Midhurst RotherCollege, believes that the programme is already wellon the way to achieving its objective, which is to raisethe educational aspirations of students and theirparents at the newly formed academy. The openingof the academy two years ago was part of a widerreorganisation of secondary education in the RotherValley, a 400 square mile rural catchment area whichincorporates the towns of Midhurst and Petworth.

The decision to form a link with Midhurst RotherCollege rather than with another maintained schoolhas a certain historical resonance in that towardsthe end of the nineteenth century there were severalWykehamist headmasters of Midhurst GrammarSchool and for a time the school included WinchesterDivision in its curriculum. Winchester’s decision tocontribute the time and expertise of its dons is a

continuation of that tradition, as well as a statementof intent about the School’s enthusiasm to shareresources and ideas with the state sector.

The Local Governing Body of the academy is chairedby David Anderson (Coll, 1969-71), who workedin investment banking after an earlier career inthe Army, and includes several others with strongWykehamist connections, among them the currentHeadmaster and Michael St John Parker, a one-timedon and now Fellow of Winchester College,who gave up the exhilarating task of teaching late19th century economic history to Wykehamists(myself included) to become the Headmaster ofAbingdon School.

“Throughout my career as a soldier and as a banker,”Mr Anderson, declares on the Midhurst RotherCollege website, “I have always valued the knowledge,sense of intellectual enquiry and analytical abilitythat I was encouraged to develop at school”. Twoseparate programmes involving Winchester College,one funded by the academy and the other by acharity established by City investment bankers,have been established to help academically-mindedstudents realise their own personal ambitions.

The first programme, known as the Aspire programme,enables 24 of the most academically- gifted GCSEstudents to spend two days at Winchester, wherethey are taught maths and science by dons, lunchin College Hall and have the opportunity to mixsocially with Winchester College boys. Studentson this programme also visit St John’s College,Oxford and learn more about the benefits of anOxbridge education, a destination which in normalcircumstances they might never think of entertaining.


The second programme, known as Shine, for Year 7students, enables two dozen 11-year-olds to spend10 Saturday mornings over the year in lessons atWinchester, with an option of being mentored by4th year Winchester boys (a practice that might havebeen quite dangerous in my time). “The programme”says Miss Weeks “gives our students a wider learningand cultural experience than they would otherwiseexpect to have. In a rural area like ours, they typicallydon’t come into contact with such a diverse groupof people and this is an opportunity to broadentheir horizons”.

Contributing the time and expertise of dons from the School is a statementof intent about Winchester’s willingnessto share resources and ideas with thestate sector.

Feedback to date from both students and parentsfor both schemes has been very positive, so muchso that more than half of the group which visitedOxford now say that they are considering applyingto Oxbridge and most also, reports Miss Weeks,with undisguised enthusiasm, now “cannot wait toget to lessons on Saturday mornings”. The hope isthat students on the Shine programme, which runsfor three years, will graduate in due course to theAspire programme and set their sights, if appropriate,on a place at Oxbridge.

Realising potential

Midhurst Rother College is an Academyopened in January 2009. It is sponsoredby the United Learning Trust (ULT)in conjunction with Winchester Collegeand the University of Chichester.

Winchester College contributes no fewerthan six governors to the board of theacademy adding academic rigour andaspiration to the new academy.

Winchester is proud to partner MRCand share facilities, teaching and stafftraining. Three core areas of activity:science, sport and music deliver benefitto pupils and staff at both establishments.

Science dons have taught at MRC andacademy pupils have visited Winchesterfor lessons.

Football matches have been playedbetween the schools and other sportsare planned.

Music workshops have brought pupilstogether to learn technical proficiency.

The Aspire programme enables MRCstudents to see St John’s College Oxfordcourtesy of Harold Carter (Past Parent)an MRC governor and Fellow of St John’s.

Working with MRC isan important part of theCommunity Serviceprogramme at Winchester,involving 50 staff and300 boys in weeklyoutreach activity.


Meeting the carbon challenge Oliver Thorold (D, 1958-63) is hoping that other Old Wykehamistdonors will come forward to share his enthusiasm for “greening”the Winchester College estate.


Donors have the power to help achieve broader objectives for whichthe College itself, faced as it is with a myriad of financial pressures,cannot always immediately fund from its own internally-generatedfinancial resources. I would be very happy if this strikes a chordwith others and prompts them to get involved.Oliver Thorold


When Oliver Thorold (D, 1958-63) senta letter to the Bursar explaining why hehad never bothered to reply to any appealfrom the College, he was uncertain whatconsequences, if any, might follow. As acommitted environmentalist, one whoas a young barrister had cut his teeth asjunior counsel for Friends of the Earthin the Windscale public enquiry in 1977,he wrote to the Bursar as follows:

“Since leaving Winchester College 46 years ago Iregret to say that I haven’t responded to any of thenumerous appeals launched to Old Wykehamists.Appeals with a foreign focus have always seemedmore pressing. But there would be one Collegeappeal, falling naturally under your jurisdiction asBursar, to which I would enthusiastically contribute.It would be an appeal to help the College massivelyto reduce, or preferably totally eliminate, its carbon footprint”.

Noting the increasing inter-governmental driveto reduce CO2 emissions, he went on to saythat Winchester could not — and should not —expect to be able to claim that its privileged statussomehow exempted it from sharing in thisobligation. “I am hoping that a school that setsexceptionally high academic standards” he wrote“might address the challenge without needingto be pushed, leading where others will follow,indeed demonstrating with a truly exemplaryprogramme how best to proceed”.

Following a meeting with the Bursar, Mr Thoroldagreed to sponsor an initial consultant’s report onthe environmental impact of the College’s estate,which besides its most visible monuments, such asChapel and School, encompasses 190 buildings,93 of which are listed, as well as farmland in threecounties. (Some of the latter holdings were part ofWilliam of Wykeham’s original endowment in thefourteenth century). Few of these buildings, it goeswithout saying, were built or designed with energyconservation, let alone the monitoring of theircarbon footprint, in mind.

The survey confirmed what was already obvious,that there is much that could be done to improve the efficiency with which the School uses energy,albeit at a significant cost in up-front investment,and with considerable technical challenges to beovercome. Many of the buildings, for example,lack cavity walls that can be readily insulated. A firstpriority therefore has been to seek a comprehensiveaudit of exactly how and at what cost resourcesare being used.

Knowing that payback times on energy conservationscheme can often be surprisingly short, Mr Thoroldhas plenty of ideas for rectifying the shortcomings.By negotiating a single electricity tariff for all itsbuildings, the Winchester estate would, he believes,be able to save thousands of pounds a year on itsheating bills. The School could also do a lot withsolar power. Under recent Government proposals, a solar-powered plant on Winchester’sCambridgeshire farmland could, in theory, not onlyproduce a substantial reduction in the School’scarbon footprint (as an offset scheme). It could also


quickly become a significant source of annual profit for the School — sufficient, on paper at least,to fund several bursaries for deserving boys. It wouldbe, in this committed advocate’s view, a classic caseof doing well by doing right.

The practicality of an investment of this sort isone of several now being considered formally bythe Governing Body. It has already approved inprinciple the installation of solar panels in a numberof locations, subject to planning and structuralconsiderations. A plan to generate a small amountof hydroelectric power by harnessing the flow ofwater through Old Mill is also being beingconsidered, and has seized the imagination of anumber of Old Wykehamist donors. All thesechanges require both funding and planningpermission, so progress will take time.

A solar-powered plant could not onlyproduce a sufficient reduction in carbonfootprint, but could quickly become asignificant source of annual profit forthe School.

Mr Thorold thinks there may be other Wykehamistswho share his view that helping to “green” the Collegeestate would be a most rewarding cause to support.“Donors have the power to help achieve broaderobjectives for which the College itself, faced as it iswith a myriad of financial pressures, cannot alwaysimmediately fund from its own internally-generatedfinancial resources. I would be very happy if thisstrikes a chord with others and prompts themto get involved”.

Green challenges

Oliver Thorold is certainly rightthat the College’s “privileged status”has not protected it from the sharpincrease in energy bills over recent years.The economic downturn may havegiven some respite over the last year orso but prices are on the rise once more.

All the experts agree that the cost ofenergy can only continue to increase ata far greater rate than general inflation,even faster than school fees, out of whichwe have to find the funds to meet thesehigher heating and lighting bills.

Managing the College’s energy suppliesis no simple matter; there are more thansixty separate electricity supplies andnearly forty gas. Energy purchasing iscarefully managed, using professionaladvisors to tender supplies to achieve thekeenest prices. However, the economicarguments for reducing the amount ofenergy we have to buy are all toocompelling, even without the otherbenefits of the “green agenda”.

05/06 06/07 07/08 08/09 09/10 10/11�Energy budget (£)

Electricity Gas

152,

418

219,

988

223,

671

176,

714

181,

124

299,

155 35

4,89

638

7,04

1

389,

807

339,

538

375,

000

325,

000


A sporting chanceSam Hart, newly appointed Head of Sport, wants to giveevery Wykehamist the chance to make the most of his ability,however diverse his choice of sport.

My priority is to take the healthy legacy my excellent predecessorleft me and raise it to a higher level. The primary objective remainsto make sure that any Wykehamist who wants to follow a sportof his choice can do so to the highest possible standard.Sam Hart



When I arrived at Winchester in 1967,the gym was a place of fearsome repute,manned by military disciplinarians fromanother era. As far as I can recall, whichadmittedly is dimly, it was equippedwith little other than mats, a medicineball, climbing ropes, some weights andthose wooden climbing frames aroundthe walls whose educational purposestill remains something of a mysteryafter all these years. Boxing was theonly martial art on offer, and PE lessonswere conducted with distinct parade-ground efficiency.

Cricket, soccer and games requiring rackets were,along with Winchester Football, reasonably wellcatered for, but other sports less so. By the timeI left the School, however the old gym had beendecommissioned and replaced with a new SportsCentre, designed to accommodate a more broad-minded and, whisper it softly, more humaneapproach towards sporting and athletic development.(Best not to enquire, I suppose, whether today’sintake bunk off to the pub as regularly as the 3rdXI teams in which I played were wont to do).

Talking to Sam Hart, the recently appointed Headof Sport, it is quickly apparent how far this newapproach has developed subsequently. Asked whathe would most wish for, given unlimited funds,his answer is “a second Sports Hall, or even bettera new P.E Centre”. The reason is that the range of

sporting choices open to men at the School hasgrown so rapidly that the impressive new dedicatedSports Centre of my time is now nearly too smallto accommodate all the demands that are beingmade on it.

A new building isn’t likely to materialise in the shortrun, as Mr Hart acknowledges, so his focus is onimproving what is already in place. “My priority isto take the healthy legacy my excellent predecessorleft me and raise it to a higher level. The primaryobjective remains to make sure that any Wykehamistwho wants to follow a sport of his choice can do so tothe highest possible standard”. Participation in sport,although it remains voluntary, is greater and morevaried than it once was. Better, the philosophy goes,to choose one sport and seek to excel at it, howeverunusual, than to struggle to achieve little at severalfor which the aptitude and pleasure may be lacking.

Mr Hart points out, for example, that the School nowplays 21 different matches against Eton on a singleafternoon, almost three times more than than thenumber which would have been played 15 years ago.Men in the School have the choice of approximately25 different sports, and while the major sports arewell catered for, with ten soccer pitches and sevencricket squares, it is the more recent sports such asBadminton (particularly popular with the growingnumber of boys from the Far East), Basketball andFencing which have to compete hardest for resources.It is for that reason that the Head of Sport is investingmost of his efforts in the short term towards expandingthe choices available by recruiting specialist expertise,for example in Archery and Water Polo.


Team spirit

Sport has always been an importantaspect of Wykehamical life and with25 different sports currently on offerthis is certainly true today.

Boys can have coaching in a diverse rangeof sports from aikido and archery tofishing and golf. Nowhere else can theyplay ‘Winkies’ as Winchester CollegeFootball is fondly known.

This year has seen investment in bothfacilities and staff. A new weight roomwith running machines and a new DoJofor martial arts are the first signs of amuch larger programme.

Not only does the College offer 10 soccerpitches and 7 cricket squares, it providessome of the best coaching staff availableto nurture talent and develop potential.

Quality and choice: a boy who wants tospecialise in a sport will be provided withthe appropriate coaching to develop hisskill. He will not be forced into a limitedselection of major sports.

25differentsports

He is also working hard to improve the look and feelof the sports facilities. Specific items that were onhis action/wish list and have recently been achieved,include a new room for the martial arts (for whichthere is considerable demand), additional state-of-the-art weight training and fitness equipment,and provision for more pre-season training for thedons who continue, in addition to their teachingand pastoral duties, to make a huge personalcommitment to sports provision. Each sport atWinchester has its own master-in-charge, who in thecase of Rackets, Squash, Football, Cricket and martialarts works alongside dedicated professional coaches.Together they have been instrumental in boys fromWinchester achieving excellent inter-schoolcompetitive results, notably in rackets, fives and judo.

The School now plays 21 differentmatches against Eton in a singleafternoon, almost three times morethan the number which would havebeen played 15 years ago.

Like Marmite and other glorious British inventions,the appeal of Winchester Football remainsincomprehensible to all but the participants, to judgeby the bemused expressions of my wife’s Dutchfamily when they came down to watch a Xs matcha couple of years ago. Mrs Lim’s bafflement is clearlynot unique. But those who have played the game,as I did happily for five years, will always have asoft spot for its beguiling combination of physicalityand rule complexity, and, it remains, reports Mr Hart,more popular than ever.

10soccerpitches

7cricketsquares


The Committee (see p.48) has particular responsibilityfor reviewing investment policy, asset allocation andrisk/reward characteristics, as well as monitoring theperformance of the College’s investments. The investmentobjectives are at least to maintain, and indeed grow, thevalue of the College’s investments in real terms and toproduce a sustainable income stream to supportexpenditure on bursaries, the Quiristers and themaintenance of the ancient buildings, all withinacceptable levels of risk. To meet these objectives theinvestments as a whole are managed on a total returnbasis with diversification across a range of asset classes.

At 31 August 2010 the College’s investments had a totalvalue of £53,093,000, of which £35,694,000 was inagricultural land (67.2%), £3,489,000 in residentialhouses (6.6%) and £13,910,000 in stocks and shares(26.2%). At present the College has a policy of extractingan annual income of 4% (plus costs) on the averagevalue of the investments over the last 5 years. In the caseof agricultural land, continuously increasing investmentvalues have caused the effective amounts withdrawn to

be less than the nominal 4%, with the equivalent of 3.2%of the valuation at the start of the year being extracted in2009/10. Conversely, poor equity markets in recent yearshave caused the extraction from the investment portfolioto exceed 4%, with the equivalent of 4.3% being extractedin 2009/10. The Investment Committee will keep theextraction rate under review in the light of projectedfuture returns and inflation, to ensure that the College’sassets and income are growing in real terms over time,and that the needs and interests of current and futurebeneficiaries of the College are fairly balanced.

Farming has had a good run and our agricultural landportfolio continued to perform well. The College owns9,100 acres concentrated mainly in Hampshire (5,549acres) and Cambridgeshire (2,656 acres), with one farmin Dorset (895 acres). All our land is let out to tenants andlast year produced an annual net income of £750,000.Rents yielded 2.7% on the opening valuation andincreases in rent of the order of 10% were negotiated onseven farms, with the remainder to be reviewed in 2011.The value of the land increased by £958,000, so that thetotal return for the year was 4.9% after costs. The EstatesBursar continues to look for opportunities to add valueto our land holdings, particularly in energy generationsuch as solar panels and farms.

The residential portfolio, which has 5 houses inWinchester for letting out, has seen a 24% increase invaluation this year to £3,489,000 following an externalvaluation. Part of this increase can be attributed tofirmer house prices in the local market, but the majorpart is due to a re-rating of the portfolio by the valuer.With net rents rising to £116,000, the total return wastherefore 28.4%. Planning permission has been obtainedto develop a further six residential houses, and thesewill be built when the necessary finance is available.

A Report from the Chairman of the Investment CommitteeMark Loveday (H, 1957-62)

Mark Loveday Chairman of the Investment Committee


The College’s investment portfolio, which is managed byUBS, was valued at £13,910,000 after including anadditional £1,077,000 as a result of donations received.During the year holdings of cash and bonds werereduced and our weighting in hedge funds, commoditiesand equities was increased. The portfolio produced a netincome of £152,000 with a total return of +3.7%compared to +9.5% for the benchmark, which was adisappointing performance. The principal reason for thisunderperformance can be attributed to the UBS GlobalProperty Fund through which the portfolio gainedexposure to international commercial property in 2007.This was bad timing and the value suffered a 30% fall lastyear. Excluding the property fund, the portfolio wouldhave returned 7.7% in the year compared with 7.4% forthe benchmark. In October 2010 the Committeeconducted a thorough three-year review of UBS’smanagement of the portfolio and decided to reappointthem on renewed terms for a further 2 years with theintention of having a 5-year review in Autumn 2012.

Overall the total return on the College’s long-terminvestments for the year to 31 August 2010 was 6.7%.Total income, net of management costs, was £1,018,000,requiring a capital extraction of £743,000 to achievethe target 4%. The College has an excellent agriculturalportfolio in terms of quality and potential, a smallbut interesting residential portfolio, which we intendto increase, and a well spread investment portfolio.This should provide the College with a growing incomeover time to meet its commitments in the future,whilst providing some growth in real asset value.

Mark LovedayChairman of the Investment Committee

College investments %1 Estates 67.2%2 Equities 13.7%3 Residential houses 6.6%4 Hedge funds 5.8%5 Fixed interest 2.3%6 Commercial property 1.9%7 Commodities 1.2%8 Private equity 1.0%9 Cash 0.3%

A good return

To balance current and future needs,the College aims to:

· maintain (at least) the value of itsinvestments in real terms;

· produce a consistent and sustainableamount to support current expenditure;and

· deliver these first two objectives withacceptable levels of risk.

The College manages its investments asa whole on a total return basis andmaintains diversification across a rangeof asset classes to produce an appropriatebalance between risk and reward.To maximise its freedom and flexibilityto invest where it expects returns to bemost rewarding, regardless of whetherthose returns are delivered as income orcapital gains, the College has obtainedan Order from the Charity Commissionallowing it to invest to maximise totalreturn and make available an appropriateproportion of the total return forexpenditure each year.

1

2

3

45 6 7 8 9

�


Summary statement of financial activitiesfor the year ended 31 August 2010

2010 2009(£’000) (£’000)

Incoming resourcesINCOME FROM CHARITABLE ACTIVITIES

GROSS SCHOOL FEES RECEIVABLE * 19,303 18,993Other income 821 645

INCOME FROM GENERATED FUNDS

Trading income 656 627Other activities 103 104Investment income 1,383 1,371Bank and other interest 115 420Grants and donations 1,675 1,517

Total incoming resources * 24,056 23,677

Resources expendedCOSTS OF GENERATING FUNDS

Total costs of generating funds (1,633) (1,726)

CHARITABLE ACTIVITIES

EDUCATION AND GRANT MAKINGTeaching (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 income in the statutory accounts.


Summary balance sheetat 31 August 2010

2010 2009(£’000) (£’000)

Fixed assetsTangible fixed assets 67,201 53,483Property investments 39,183 37,368Portfolio investments 13,910 12,875Fees 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 93,565Restricted funds 1,088 676Unrestricted funds 10,541 8,031

117,767 102,272

Report by the trustees on the Summarised Financial StatementsThe summarised financial statements on pages 32 and 33 are extracted from the full annual Report and Financial Statements which were approved bythe Warden and Fellows and signed on their behalf on 4 December 2010 and on which the auditors Crowe Clark Whitehill LLP gave an unqualifiedaudit 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 financialstatements for the year ended 31 August 2010.These summarised financial statements may not contain sufficient information to gain a complete understanding of the financial affairs of the charity.The full Report of the Warden and Fellows, Financial Statements and Auditors’ Report may be obtained from the Chief Accountant at the College.

Signed on behalf of the Warden and Fellows.

Sir David ClementiFebruary 2011


A Report from the Chairman of the Development CommitteeRobert Woods (G, 1960-64)

I’m delighted to have this opportunity to writeabout the Wykeham Campaign and fundraising atWinchester College, and to be able to express mysincere and grateful thanks to all those who havedonated generously to the School over the past year.As a Fellow and OW (G, 1960-64), I care passionatelyabout the School, and as Chairman of theDevelopment Committee, I am determined thatwe should increase the endowment in order toguarantee the future provision of bursaries in linewith the Founder, William of Wykeham’s visionfor the School.

As you will see from the encouraging figures, we havebroadened our contact with the Wykehamicalcommunity and expanded our donor base throughan active events programme and the Annual Fundappeals. Annual Fund activities in the year includeda very successful telephone campaign and an appealto Leavers’ parents, both of which will be an annualfeature of our fundraising programme. We were alsodelighted by the support given by the OW cricket

community to the Hunter Tent Appeal, whichexceeded the £90,000 target with the £40,000 surplusgoing to the Al Gordon Sports Fund. Donors wereencouraged to dig deep by a challenge grant, donatedby past Captain of Lords, Mark Loveday. We willbuild on past successes by broadening our appealprogramme to include mailings (mostly electronic)and ensure that they are sent to those who have aparticular interest. On-line donations can now bemade by OWs, and soon it will be possible forparents to donate electronically.

Our expanded events programme included a well-supported reunion for the Class of 1945 (and earlier!)with 33 OWs attending, pizza evenings forundergraduates, and a ‘Celebration of OW Sport’reception, with 135 attending. Other events worthyof mention were a lunch to thank donors to HunterTent and to celebrate its refurbishment, the Toyes150th Anniversary, which was enjoyed by over 200old Toyeites in The Great Hall at Lincoln’s Inn, andthe annual Domum Supper for Leavers’ parents.

Robert WoodsChairman of the Development Committee

Richard Morse (K, 1972-76)Chairman of the Campaign Committee


The planning stage of the Wykeham Campaign iscomplete, and we are now in the ‘quiet phase’. This isthe period of time when we are actively seekingmajor donations from individuals before wideningout the appeal. The provision of high-qualityeducation, particularly where boarding is concerned,is unavoidably expensive, and we aim to be in aposition where we can offer the best educationavailable to boys of strong academic potential,whatever their parental means. We are determinedto maintain the Founder’s intention; that is, to offerthe best possible intellectual cultural formation toboys who can best profit from it.

In line with this vision, the School has reviewedits strategy for recruiting suitable candidates forbursaries. The Housemasters have all agreed to makesuch recruitment a personal priority, which is verywelcome and should help to ensure the widestpossible external awareness of the opportunity forboys to benefit from bursaries.

We maintain beautiful ancient buildings, whichenhance the atmosphere of study and which form partof the nation’s history. The 93 listed buildings, nine ofwhich are Grade 1, attract visitors from all around theworld, and guided tours ensure that they learn aboutthe strong sense of place and heritage of the School.We must build an endowment which ensures that theycontinue to be maintained to the highest standard,without being a drain on School resources.

Additionally, projects such as the new Museumin the Warden’s Stables give donors the addedopportunity to contribute to the fabric of the School.We plan to renovate one of the mediaeval buildings toform a vibrant and exciting Museum, which will enable

An upward trend

Support for the Wykeham Campaignis continuing to grow, both in donationsand in the number of gifts received.As can be seen from the graph on page40, we are enjoying support from thelargest number of donors the Collegehas had in recent years, if not ever.

The graph above shows a particularlysuccessful year in 2006. This can beaccounted for by several appeals,specifically for capital projects such asChapel Stonework, College Improvementsand the final push for the Music School.In addition, one significant gift wasreceived in anticipation of the conversionof the Warden’s Stables.

It is particularly gratifying to note thatthe level of donations is now matchingthat enjoyed in 2006 in spite of theabsence of any major appeals for capitalprojects. This reflects the determinationand commitment of the GoverningBody to support the School’sdevelopment efforts.

05 0706 08 09 10

779

1,70

1

1,00

5

1,03

3

1,51

7 1,67

5

�Donations received(£’000)


students and visitors to explore the School’s collectionsfor inspiration, learning and enjoyment. The College’sfirst museum, built in 1897, became the dons’ CommonRoom in the 1980s and the collections were moved tothe Treasury, a converted beer cellar beneath the oldCollege kitchens, where they are currently displayed.However, the present Treasury suffers from threemajor problems: accessibility, atmosphere, and space.The College would like to make its collections availableto the public and other schools as well as its own pupils.We plan to take on a curator experienced in projectmanagement to carry out the consultation with thedifferent user groups who have a vested interest in theeducational and outreach aspects of the project.

Finally, Winchester is the only school in existencewhich provides for a resident ‘choir of angels’; theQuiristers have been with us since 1382. They are thebasis of the School’s tradition of musical excellence,the providers of the sense of holiness which was at theheart of the Founder’s intention for the worship of Godin Chapel, and their training provides us with further

scope to offer musical opportunities to children whocould not otherwise enjoy them. It has been agreedthat we will have two funds: the Shedden BursaryFund, which provides bursaries and related financialsupport (such as travel expenses) for Qs over andabove the automatic fee remission funded by WinchesterCollege, and the Quirister Endowment Fund, which isthe fund that helps Winchester College meet the costsof maintaining Quiristers, including the automatic feeremission for Qs.

I am pleased to report that we now have six membersof the Campaign Committee, all of whom havedemonstrated their commitment to WinchesterCollege by making a lead gift, and by demonstratingtheir willingness to assist with the solicitation of others.

Beatrice Lupton, a former Quirister parent, is spear-heading the Quirister Appeal and a considerableamount of time has been spent on research and,in particular, on expanding the Quirister databasewith contact details.

Lorna Stoddart Director of Development & Director of Winchester College Society

David Fellowes (I, 1963-67)Director of Winchester College Society


Tamara Templer Deputy Director of Development

A number of our more generous regular donors havejoined our Wykeham Patrons group, and are enjoyinga tailored event programme, including special culturaltrips, both in the UK and further afield. We have verymuch enjoyed getting to know our Patrons in aninformal and social setting. I’d also like to take thisopportunity to recognise members of the WilliamStanley Goddard Society (now renamed ‘the GoddardLegacy Society’), who have indicated that they are leavinga gift to Win Coll in their will. The membership isgrowing (we now have 176 members), and I’d like toencourage you to consider joining, if you haven’t alreadydone so. It is a very effective way of avoiding the tax man!

Our specialist committees continue to assist and supportus in our endeavours. The Investment Committee, chairedby Mark Loveday, gives donors reassurance that theirdonations are well invested (see p.30); the DisbursementCommittee, chaired by Rob Wyke, the Second Master,ensures that donations are directed appropriately and asagreed; and the Winchester College Society Council,

chaired by William Eccles (H, 1973-77), acts as aforum to test ideas, and actively to support ouroutreach programme. The Council has 12 OldWykehamist members from almost every House andage group, and one past parent. It meets at livelydinners twice a year to give unrestrained opinions onsubjects related to supporting the OW communityand to seeking its support for the School. Betweendinners the members are active in helping the Schoolin diverse ways of their own choosing. William isalways looking for keen new recruits — please letDavid Fellowes know if you are interested!

The American Friends of Winchester College arenow well established, and have an active programmeof engagement with the Wykehamical community.We’ve listed the Directors in the Acknowledgementsection (p.45) and I would like to take thisopportunity to thank them for their tremendouswork in re-invigorating our presence in the US.

The Hong Kong Friends are also becomingincreasingly active in supporting the WykehamCampaign, and have formed the WykehamCampaign Sub-Committee under theChairmanship of Richard Wallace (Coll, 1968-72).I’m extremely grateful to Richard and hiscommittee for the energy and enthusiasm theyhave brought to the Campaign in Hong Kong.

Robert WoodsChairman of the Development Committee

I’d like to express my thanks to all who have supported the School inany way; by attending events, volunteering, donating, leaving a legacy,or by offering encouragement as a committee member. The School isa worthy recipient of your support!Robert Woods Chairman of the Development Committee

How better to express appreciation forthe important role your school, or evenyour son’s school, has played indeveloping your mind and your generalattitude to life than to put somethingback, in the hope that future generationswill be as fortunate? The lists andgraphs that follow demonstrate thevery considerable degree of supportfrom all corners that the School isso fortunate in having receivedduring the year.

Donations were received from a record 979 donors,an increase of 35% on the previous year and of40% on the previous five-year average. Of these,29 donors gave £10,000 or more during the year,totalling £1,025k including Gift Aid, whilst theremaining 950 contributed £650k, equating to anaverage donation of £684 per donor, whichcompares favourably with the previous year (£699).New donors have also reached a new peak at 316,being up 83% on the previous five-year average.These are truly encouraging statistics, and the Schoolis extremely grateful for their fruits. Those makingunspecified or Annual Fund donations may beinterested to know that their generosity is enablingthe School better to afford several significant itemsfeatured elsewhere in this Report, such as its‘Green’ initiative, the King James Bible Exhibition,Outreach and Sport.

Finally, we remain eternally grateful for thereassuring support offered by the pledges manyof you make by way of a legacy. Interest in theGoddard Legacy Society (until recently known asthe William Stanley Goddard Society) is growing.The primary focus for legacies is to boost theCollege’s Endowment, in support of Bursaryprovision, the maintenance of its ancient buildingsand, of course, its Quiristers.

To all our donors we offer our most sincere thanks.

AcknowledgementsBenefactors, Patrons, Donations and Legacies



Benefactors, Patrons, Donations and Legacies

Wykeham BenefactorsDonors whose total donations to theWykeham Campaign (including pledges)are greater than £250,000A J H du Boulay C 1943-46Viscount Gough G 1955-59Mr M A Loveday H 1957-62

& Mrs Loveday and Past ParentsMr & Mrs J T McAlpine Past ParentsMr R S Morse K 1972-76

& Mrs Morse and Past ParentsR W d’A Orders E 1967-72P Stormonth Darling C 1945-50

Honoured PatronsDonors whose total donations to theWykeham Campaign (including pledges)are greater than £100,000Anonymous (1)Professor & Mrs P Balwin Past ParentsW N M Lawrence C 1948-53A J M Spokes Coll 1978-82J D F M Thornton D 1943-48(though the NJT Foundation)

Wykeham Patrons(members as at 31st August 2010)Donors whose total donations (includingpledges) are greater than £25,000 and whohave joined our Patrons groupAnonymous (4)Sir David Clementi E 1962-67G B Davison A 1971-75M D S Donovan A 1954-59W D Eccles H 1973-77N E H Ferguson C 1961-66B J Ginsberg I 1982-87D F Gordon E 1968-69 Viscount Gough G 1955-59C M Humbert B 1990-95D H Hunter E 1950-54N M H Jones B 1960-65Sir John Kemp-Welch E 1949-54W N M Lawrence C 1948-53M A Loveday H 1957-62A C Lovell B 1967-72Lord Magan of Castletown K 1959-63Mr & Mrs J T McAlpine Past ParentsR S Morse K 1972-76G W Morton Coll 1966-70J B W Nightingale D 1973-77R W d’A Orders E 1967-72D R Peppiatt E 1944-48M J S Seymour K 1961-66A J M Spokes Coll 1978-82P Stormonth Darling C 1945-50J D F M Thornton D 1943-48Mr & Mrs G White ParentsR B Woods G 1960-64R E A Younger F 1979-84

DONATIONS RECEIVED DURINGTHE FINANCIAL YEAR ENDING31 AUGUST 2010*Donors who have given twice or more over aperiod of three years since 1 September 2007

Wykehamists(shown by year of leaving)1932The late C A McDowall H1933The late F A K Harrison* Coll1934The late W N Monteith ILord Wigram H1936Anonymous (1)T A Bird E1937M R D Foot* CollJ D Majendie IJ I Watson* F1938Anonymous (1)D V Bendall* DM J P Martin F1939M T Barstow* GA R Taylor* K1940G E Merrick* KP F Morgan* ER P Norton* GH A Pawson* B1941E D Armstrong* HSir Hugh Beach* GM H A Finch* IR J Gould* KR O C Stable* BI W Stoddart* EH S R Watson* FP A Whitcombe* B1942D B Abbott EThe late C Hill* IM P Seth-Smith* AJ R Tillard DD R de C Trasenster GE T Wilmot* Coll1943J L Boase* CollG H G Doggart* EM L Hichens* HH U A Lambert* CollA R Longley* CD N Phear CollD O Savill* CR P Thorburn* A

1944R S Gibson* GD F S Godman* IW W B Myers HM J D Newman CollJ O Udal A1945Anonymous (1)C E Bruce-Gardyne* HJ A Fergusson* HJ M A Gurney* KG S Hill* CollR Meinertzhagen CD Middleton* KG H J Myrtle* DJ H Thornton BThe late H E Webb* GP H S Wettern* G1946J R Johnson* CSir Patrick Moberly* CollThe late D B L Skeggs I1947Anonymous (1)P G A Archer CJ B H Francis* FH G B Hoare IO M P Kenyon-Slaney* DJ R Lucas* CollSir Edward Studd AR W L Wilding* CollR J Woodward* B1948Anonymous (1)R W Barklam* CP H de Rougemont* CJ Denza* CollD G Gow* EE N C Oliver* GD R Peppiatt* ED J B Rutherford* DThe late P R Shires* CollG F W Swan* HJ D F M Thornton* DD St J R Wagstaff* CollJ J H Wilson* AD A H Younger I1949J F L Blamey* IP C F Childs* KW M Fernie* FA D B Gavin* IF F Higgins* IT R Hines* KA C R Howman* EM G Mander HJ P Raison DC R Streat* KJ H V Sutcliffe* CP M Welsh GG H Willett DJ F Willmer C


1950N S Agar DR H Bird* CollD A Cross* FL E Ellis* CollThe late G C H Ferard EC F Foster* CThe late A W Hamilton CollR M Lodge* AN F McCarthy* IP Stormonth Darling* C1951Anonymous (1)I Atkinson FJ B Barton* HJ H D Briscoe CollP H F Bullard* GR M J Burr CO J Colman* GR H Hardy CollG B Inglis BM Knowles KD A N C Miers* BR H Y Mills* GA Monro KA D Myrtle* DF P B Nichols* CThe late C L Verity* ID Wyllie* Coll1952I R Anderson* FA C A Benda* CA D M Bryceson* IC H D Denning* BM S Evans* CE T Gartside* BR C Gray* IM Harvey* IG M T Hodgson* CollM H Keen* CollJ E Keville* KP de N Lucas* CollJ R S Maclure II H McCausland BT G Penny KR H Petley* DM Rendall* IJ W Robertson EM B Sayers CollD M Shapiro* CollT M B Sissons* CollP A Stables* CollA N Stewart* CC W Taylor-Young FP S Thring FD S Williams D1953Anonymous (2)T F M Bebb* AG R H Bredin GR Chester* F

A L Coleby* CollP G Davey* AT H Drabble GR D K Edwards* BD A W Gardiner* EB J Gibbens AJ J Grafftey-Smith* AM F Harcourt Williams* HB G Humphry BW N M Lawrence* CD A C Lipscomb DJ E D MacLaren KJ W Roskill* DJ F H Villiers E1954H N Armstrong GC J Blissard-Barnes ESir Simon Cooper* BR N R Cross* FD F Gibson HLord Hannay of Chiswick* BA L Hichens HD H Hunter* EC W L Keen FR P S Macnutt* IC M Mallett* DLord Marchwood* GH T Norrington HJ N Stevenson* HH White* GD J Wilson* I1955A L Askew* KW S Aylen CollM D Barton* HC A A Black KR N Dobbs* DN M Fawssett* BR T Fox* AG R Freshfield DS M Gordon Clark* GS T Grandage* GP F Hilken BF R J Horsman FP Jay CN B T Lilley CollD R McCarthy ISir David Miers* BB L Reed CJ H Silley* DD C Stewart* CSir Richard Storey HT C Ulrich* CollJ J des C Virden* CC D Walker Coll1956R M S Allan* DS P Allison* BD C D J Baird-Smith* CollD E D Campbell* EA M Collett GG D Dean* A

P A Dillingham* GR M Formby* EP R Gordon-Smith* KP L A Jamieson* FA E R Manners* GJ M Porter* KR Rawlence* CollJ H Richardson IP E M Robertshaw EJ J B Rowe AA E Seager GP R Stevens CM E K Steward HN A Tatton Brown EC B Williams* G1957Anonymous (1)R E F Ballantyne DA R F Buxton* FR S Carver* DD W S Dunlop KJ M Dunn* CollA M Edis* HM S Laing DP S W K Maclure* IM E Ponsonby* CollC W Thompson* DC H Van der Noot* KR M L Webb* CD R Woolley CollF A H Yates* E1958Anonymous (1)A R Beevor* EA F Best* ISir David Davies BJ A C Don* HD E Fradgley HF R O de C Hamilton* FD M S Hampton FF W Heatley FC H Howard* CL H McCurrich ALord Napier* GC J Perrin AV A L Powell AR C M Pumphrey* CN Richardson* CollP C Stevens* DJ D A Wallinger* GP J L Wright A1959N F G Bosanquet CollC J R Elton* FI W Gammell* IViscount Gough* GT D R Jenkins CollP G Johnston* AJ F S Parker* ANawab of Pataudi* KC H Perry* B

04/05

8362

8

06/0705/06

7497

07/08

122

08/09

99

09/10

109

556

680

540 62

8

870Total number

of donorsOWsNon OWs


J F Stein* CE S Tudor-Evans* FC N Villiers EC P W Willcox* K1960Anonymous (1)S Bann* CollD Barnes* AM J V Bell CollC M Brett* AP J Burrows HSir David Clarke CT R Cookson* IG M A Crawford* KJ G U Daniels* AC V Dinwiddy* CJ S Finney* CR A S Gray* AS M de F Harcourt Williams* HP B Hay* AR I Jefferson* ASir Andrew Large* FA N Little CLord Maclay GD R Markham* KM V Pampanini* GH M Priestley* EC E M Snell* AW R Stewart-Smith* CollM B Venning* FP J L Wilson GP G K Wilson* H1961M A Bond* GM R Dreyer* CollM S Henderson* KL D Heriot Maitland KJ R Knight* GP N Legh-Jones* BA P L Minford* CollJ D Orme* CollM W Parkinson DD G Rowell* IJ R Sanders FJ R A Townsend IG J Verity* K1962Anonymous (1)The late D M Bennetts DJ D Birney* CS G F Burgess CD A S Cranstoun* GW J S Date* ES A Frazer HP C O Kingsbury* ASir Andrew Longmore* EM A Loveday* HL R Maclean* EM J Mullane BH R Oliver-Bellasis* K

A R Pyke* IR M Quinn KJ P Quirk* AT P V Robertson* BC G C Vyvyan* GJ A C Watherston* B1963Anonymous (1)S J Awdry CV C Awdry IS T Beloe* IW Benham* DG H Burges CI R F Cameron BW G T W Fiennes* DA N Hunter* AJ M Layton* EH J Lockhart GA G Maclay GD K Parkinson* CA G Post* AD C Sykes* GSir Oliver Thorold DR E Tozer CSir Roger Vickers* GH C Wodehouse* B1964S J Brandon CollF D W Clarke* CollN C D Craig KJ P Dancy* CollJ H Dixon* KR I Gordon-Finlayson* GS P Hare KM J C Hawkes* CLord Jay of Ewelme CH M P Lawford* GA R D McArthur* IA C Pembroke* CollG M Ridley KJ W M Rogers CollN D Sinker KH C Stevens* AT P Taverner FLord Terrington ER B Woods* G1965Anonymous (2)C P C Beer DA A H Forsyth* CollW R H Heywood FC I W Hignett* EN M H Jones BD M F S Lauder* FD A Oldridge GR J Priestley* AN A F Pritchard CollM S Travis* KT M Verity KW M Wood* H

1966Lord Aldington* GG F O Alford DP N Amphlett* CollM J P Cullen* CollN E H Ferguson* CR D J Harington* DJ J S Hudson BJ G Pringle* IA M R Reid IM J S Seymour* KC J F Sinclair* BR S Tangye* IJ S Thesiger CC W Tulloch* BT D Welsh* Coll1967Sir David Clementi* ED W L Fellowes* IJ K A Gibbs* IT R Hamilton-Baillie* CR B P Jennings* CG P C Macartney* HF C T Markham* KA M D Palmer HP J Phair* CollR Roberts FG C Scott-Malden D1968C D Brims* KJ W M Cowen* KD J Howarth IP W I Ingram* HB R M Johnson CollA N G Maclean EJ J D McArthur* IM R S Nevin IJ N Scott-Malden* Coll1969N C Adams DN R Davidson* CollS C H Duffin IC K F Eldred-Evans* EM W Hamsher* DR J Harwood DN G Hughes DR C Leanse* EA J Mason* HC O Mason* CP M Oates* AO P Richards* GF D S Rosier IJ Roundell FC J Sutton-Mattocks A1970Anonymous (1)D G G Davies* FC C L Evans* DH R Jacobs* DW E Meredith-Owen HG W Morton CollN L Padfield D

Donations byHouse (£)

CollegeA ChernockeB Moberly’sC du Boulay’sD Fearon’sE Morshead’s

F Hawkins’G Sergeant’sH Bramston’sI Turner’sK Kingsgate

Coll BA C D E F G H I K

85,5

77

25,7

05 48,1

86

27,4

17

23,3

21

109,

533

22,5

01

35,2

00

273,

249

74,0

11

63,8

89


N Paterson* BP G P Stoddart* IR J A Tulloch AJ E Vernon HP J L Zinkin* C1971Anonymous (1)P H Chamberlain* HR D G Parker KA M H Simon* Coll1972N C L Beale* CollR S Brunel Cohen* AP R Gammell GS J Hathrell* CollM Holland* DT N Hone* FJ H Hornby IM R V Johnston AA C Lovell* BN J E Maude* FM H McCall* CollR W d’A Orders EJ K Shearer* CollP E Spendlove* DD G Stephenson CollG F Stott* GA J Wells* CollC N Wilson* D1973S E R Alexander* IC E Beer* CollP Bennett-Jones* CThe late N D W Blakeney* HW S Dawson* CS T W Dunstone KN A Hoad CollH A Lloyd* AJ R Macpherson* GC J H Scott* K1974D J L F Anderson CollH N Cookes CR M Gray* DSir William Hanham* HR M P Hughes* KT J Lawrance-Owen* BC M Peake* HJ N Pepper* HD J Scott-Malden AS J Tabbush* CollA H Wettern* GC J C Wyld* F1975Anonymous (1)J G Armstrong* ES G Batchelor* FD M W Beeson BJ H Davies* CollG B Davison* AH F R Marsh* K

J R Menzies-Wilson AJ O d’A Orders EI D Roxborough* GC M R Wilson* EM C Woodward* K1976N R de Cent* CD M G Fletcher* IR A Galloway* ER M U Lambert* FR S Morse* KJ M N Neill-Fraser* IW M Owton* IA D Scott-Malden* A1977Anonymous (1)P W Barker GJ J Burkill CollW R Charlwood* BJ D Cruickshank* DW D Eccles* HI Edward* BR A C Haig* AP D Hale* CollN Janmohamed* BM L Moore* DT W Stubbs* E1978Anonymous (1)J N Archer DA R Hammerton* HM J A Macdonell* AC G McAndrew* CollA J Romanes* AS T Shivdasani DA H W Sutcliffe FE P Tuite Dalton FN A Udal* HI D M Vellacott KR P Wordie* K1979W R J Casement AP Convey* IA F Cooper* AP G G Dear CS J G Doggart KW J S Dunnet* CP E H S Gale* AW N-W Garton-Jones* HM R Gray* ID I Hough* HW J Marshall* CollR D C Moate* AG C F Newcombe* ES C Piggott* GC G Stewart-Smith* GA D Waddington KC W Wickham* C

1980Anonymous (2)R F Blott HJ A H Geary IP R Hall* KA S Hoare BC P H F Kernot* CJ P Medd* CollP J R Miles* CS J Morse* GG A J Strong GJ N G Thwaites* F1981Anonymous (1)G J C Ashton KJ R Bracken* CollM D Cornish* IJ E Day* EH W Dunlop* CollT Hatch* IA J C Maxwell* EW B Maxwell BA P McMaster CollB J R Moate* AA J C Normand* FA C Phillips* BB M Shuttleworth* GK Storey* KA S R Younger F1982M P Botes* DE M Coulman KJ D C Douglas-Hamilton* KM H Feltham* DM J Harford HN F Harrison* CollA Maschio* BR P Salwey BW J Stow GJ R B Sutcliffe FJ C G Taylor* IL J Watts* GS J Willmer* C1983A J de Q Adams KA C Barklam* AJ W Collings* CollJ W Gardiner* CW E J Holland FJ M Maclure KS H W Pilcher* KR W Roberts IN J Sansbury* IJ M E Saunders EJ F Thornycroft* HA G P Tusa* GJ H Younger I1984M J Broome FT G Davidson* AJ D Dean* A

Donations bydecade (£)

50s30s 40s 70s60s 80s 90s 00s

4,39

5 31,7

60

363,

902

184,

771

143,

119

35,7

54

22,7

64

2,12

4


T F Dennis* AC E R M Hall* BE W Howells DR G McCarthy IW S Mills KG E Read-Ward HJ P Rich* BC E S Robottom* ES A Thorn* DN J Tiley CollS J H Whitehead* KR E A Younger* F1985W R D Baldock* EJ Davies-Jones* AN M Elkington GA W Ellis KB Ficht DH J Goulding* FS L Grafftey-Smith* GI L M Henry FM P Krone* CollC H M Ridley KM D C Sutcliffe FP Tao IH A Watson F1986Anonymous (1)T T W Gadsby* CT S Maclure KA G Morley* KH T S Ricketts* FJ A Stainton* KE P E Thomas HB D Thornycroft* HN R J Vellacott KR C Waddington KT H Q Wilson* H1987Anonymous (1)R R Baker-Cresswell* CollB D G Barton* IJ E G L Bracey* EW H J Farren-Price* CB J Ginsberg IJ S Jadav DH G J King* CollD J Lewis* AC C Rawlings* HP W P Ross* FS C Rye* Coll1988D W Baker* HC P Barker* FJ E Collett GJ S Dawkins* DJ J M Edwards DP J Habertag DM E Hunter* BA R B Large HC S Lightbody* Coll

W J Lockett* IC W Nicholls ET H Van Every* AR J M Weissen* Coll1989S D S Baines* GG H Baker* HV R Bates* DA C A Bower KR A L Chipperfield* HD A de Lanoy Meijer* AR J S Edis HJ H Fisher* CB C M Foster* ER J E Hall* BS H J Macdonald* GN D Peppiatt KR A Sanders* KJ F Taylor IN S Venkateswaran* IA G Weir* F1990N R Abbott* DA N L Dawes CollF N Garcia CollJ R A Jackson KB L Marnham IR N G Pavry FR D Walsh* Coll1991R D Blight* CollA J Cross* HN O P Gordon* GJ C Guise* AJ P Hamilton* GJ R O Henderson* DJ R Le Bouedec* HC P Macdonald* DA W Maclay* CollP A Roberts* AJ W Sandford* CD R B Taylor* AJ W Wellesley Smith* I1992D M Avery-Gee* DR Y Barrett KM Cheng* CollN J Cooper* CJ E L Cunningham-Day* EE J Daniels FA N Edmondson* CollJ G T W Fiennes* EH W Foster FP J Goulston* FN R Hall* BF M Jackson* AM R M Julien* EB M-B Li* EN C Lutener* ED M Maclay* GB R Merrick* Coll

D R Minford CA K R Murray DD J R Sanders* KA R Witcomb* B1993A C M Barnes* ID A Bowers* BG W Bradley FR I Brasher* BN G Casey* KM R Chowdhury* AS D Croft-Baker* BE J Culver AC A de Oliveira* FP R Dennett* CollJ A Fennema DE R Haines* CollB I Hamilton FT N H Henderson HE G R King* CollF S Knox* CA R Mason* AR J Mullane* BW L Nevin IM C Poole-Wilson IA N Skinner* HA K Thomson* CollM D Woolley Coll1994Anonymous (1)E A Allen* HN A Clark* IW H Darwin* DA J M Foulkes* GS H Gazzard BJ A Haldane KM N Hollings* HG N McLachlan* FF P A Pilbrow* GN C W Wong* E1995J R Arnold* CollT A L Burns* IG C Close-Brooks FC A Forsdyke* CollC M Humbert BS H C Lewis* GJ E S Norris-Jones* CE T A Saye* FM P Thorneycroft* FM N Toone* EA M Tucker DN H Walmsley* CollC J Wheeler ER F T Wood* E1996Anonymous (1)A J D Brown* HO Bolton QT M P Carver* GT F Gervais D

New donors givingfor the first time

04/05 06/0705/06 07/08 08/09 09/10

174

308

118

101

166

316


W W Gossage* EC F McCall* FN J Moberly* BM S T J Peters* CollH M T Reed* AB N Shah* EG H E Winkworth* K1997Anonymous (1)C E Awdry* IT M D Beames* IR O C Boney CollW N Close-Brooks* FR C Greet-Smith* DE W W Simpson KW R F Sinclair* KG P Warren* GG C Y Wong E1998C E Barlow* IA R Bradley* KG W L Fellowes GM A Glenville CollE J Grist IC M J Hunter FC J Moore-Bick* BA C Roth DL A C Shepherd* FJ G Stewart IJ P W Taylor* CollJ H J Wheatcroft* B1999G W B Darch* BS R D McArthur CM C Parfitt* CollC F Somerset* GJ S Yarrow Coll2000H I Abdullah HE A J Marsh BJ G Williams* Coll2001B A Bolton QH S M Robertson B2002R K Y Kam DS S Kirshan BJ W Mortimer H2003A R M Bird FD J Bruce KS A Buldakov* AS S M Ho* KJ S Pringle* CJ E M Robinson Coll2004T L Hemingway DW J R Myatt GM D R Skinner* BH J Walker* K

2005J M Burridge EC J Kerr* CollW Kerr-Muir* I2006C J D Elliott-Kelly* IH G Harris* ET P Hosking* KS S Krishan* BP A Jeevaratnam* C2007D C Allan CS R A Cheetham GT J M Davenport* EG C Nash* K2008T M Bouch C2009P J Fuller Coll

Parents, past parents, staff, formermembers of staff and other donorsAnonymous (7)Mr & Mrs D R Apperly*Mrs C AshMr & Mrs L Arnold(through the Arnold Foundation)Mrs L ArnoldDr & Mrs K-T AuProfessor & Mrs P BaldwinMr & Mrs A BentleyMr & Mrs A Bolton and their family(through the Boltini Trust)Mrs E BotesMr G R Bourne & Professor J Mossman*Mr R BoynsMr & Mrs K F BruceDrs I & Z Cameron*Mr & Mrs R Carlson*Mr & Mrs G F Casey*Professors T K & V N Y Chan*Mr & Mrs Y W ChanMr & Mrs S B A CheethamDr I Cho & Mrs K Nam*Dr B M Choi & Mrs J H ChangMr & Mrs W ChuiMrs C Corson*Mr & Mrs A P CostelloMrs J Crook*Mr E R DayMr & Mrs R de BreeMr & Mrs N J Duncan*Miss K Dunn*The late Mary, Viscountess Eccles*Mrs R S Fellowes*Mr & Mrs J FloryBrigadier W Forsythe-YorkeMr C T de M Fraser*Mr & Mrs S W J FullerMr & Mrs K Furuzawa*Mr & Mrs C Gadsden*

Mrs M A Gammell*Mr M P Gretton*Professor D Hanna*Mr & Mrs A Hardie*Mrs A Harris*Mr & Mrs F Hervey-BathurstMrs M HiggsMr & Mrs P Hitchens*Mr & Mrs M Hole*Mr H M H Hui & Ms M K A HoMr M JacksonMr & Mrs G Karafotias*Mr & Mrs I B Kathuria*Dr & Mrs W Kerck*Mrs M L Kerr*Mr J M King*Mr & Mrs W P Ko*Mrs P K KrishanDr & Mrs M W LeeMr W H Lowe*Mrs P H MarriottMr & Mrs P MathiesenMr & Mrs D McKechnieMr & Mrs D MillsMr M F Mok & Mrs S Tsoi*Dr & Mrs I M Murray-Lyon*Mr & Mrs J M Nicholson*Dr K T Nicolson*Mr & Mrs J PeetMr R Perry*Mr A Power*Mr & Mrs C Purvis*Mr & Mrs E C RamsayThe Hon Lady Ramsbotham*Miss J Ritchie*Dr K Sparke-RogstadMr J RowsellMr & Mrs H SasmitoMr J J H SmithMr & Mrs R StemmonsMr & Mrs D SwansonDr T S C Tang & Mrs L S Lo*Miss T J TemplerMr A H Thompson*Mr & Mrs T ThrosbyDr P Toone*Dr R D Townsend*Mrs S P Tulloch*Mr & Mrs A K WalklingMr & Mrs E L Wess*Mr S F Wheatcroft*Sir John WhiteheadMr & Mrs R C M WigleyMr T Wolf & Mrs M Chin-Wolf*Mr & Mrs J Woodman

Total amountdonated (£’000)

04/05 06/0705/06 07/08 08/09 09/10

298

408

918

708

518

431

463

507

788

592

722

788

Gift Aid claimableOWsNon OWs 73

75

56 63

137

165


Charitable TrustsAnonymous (3)A R Taylor Charitable Trust*Arnold FoundationBebb Charitable Trust*Boltini TrustCraigmyle Charitable TrustCray Trust*Cruach TrustEccles Family Trust*Ellis Campbell FoundationKilfinan Trust*Lisbet Rausing & Peter Baldwin TrustMaclay Charitable TrustNJT Foundation*O J Colman Charitable Trust*Peter Stormonth Darling Charitable Trust*Reverend W N Monteith’s 2004 Charitable Trust*Samuel Storey Family Charitable Trust*Seymour Strang Charitable Trust*Stavros Niarchos FoundationTrees Hone Charitable Settlement

THE AMERICAN FRIENDS OFWINCHESTER COLLEGEThe American Friends of Winchester College isan independent American 501(c)(3) charitablecorporation, which exists to support the School.Winchester College is most grateful for thecontinued assistance of the many donors who helpthe School through their gifts to AFWC.Andrew Watt, ChairmanMary Emerson, Executive DirectorSteven Little, TreasurerLorna Stoddart, SecretaryMeg Bradt, DirectorMichael Donovan, DirectorDaniel Gordon, DirectorRichard Gridley, DirectorJonathan de Lande Long, DirectorHenry Ormond, Director

Wykehamist supporters to theAmerican Friends of Winchester CollegeAnonymous (1)1935B B King* Coll1949B A Groves K1951N W Daw Coll1953F F R Fisher AR C Gridley* C1958J L Rolleston Coll1959M D S Donovan* A1961P R M Thomas D1964J L Hunter E1966G H Clark I1967J R C Weir G1969D F Gordon E1970M J D’Eath AE J Podell IL C Ross K1971C N Plum E1972D S McCue G1973D W Ellison D1975C T Munger DA K W Powell C1976J Y Campbell Coll1978S D K Edwards B

1980G E Asher GD J Foster* H1981C G Ellis G1982A J M Spokes* Coll1986F A C Ilchman D1987T P V Mammen I1990H C J Ormond Coll1993N R Sheppard H1998R B W O’Keeffe C2001S M Duncan F2006H G Harris* EW H J Wapshott C2008O E S N Wapshott C2009O R Joost HS Sheridan E

Parents, past parents, staff,former members of staff and othersupporters to the American Friendsof Winchester CollegeMr R W DuemlingMrs M Higgs*Mr K T Hoffman*Mr & Mrs L Israel*Mr C T JacksonMr & Mrs D H Kallman*Mr M B PassMr F E Storer JrMr N Wapshott & Miss L Nicholson*Mr & Mrs E L Wess*Mr & Mrs G White*

Charitable TrustsFairfield County Community FoundationJames and Chantal Sheridan Foundation

Donations were received from a record 979 donors,an increase of 35% on the previous year and of40% on the previous five-year average.


LegaciesMembers of the Goddard Legacy Societyon 31 August 2010

Robert Woods, as Chairman of the DevelopmentCommittee, has encouraged his readers on page 37to consider leaving a legacy to Winchester College,also drawing attention to the existence of tax benefits.

We have recently prepared a simple codicil form,which has been approved by a Wykehamist lawyerand which is readily available from the DevelopmentOffice. This is designed to make the process anextremely easy and economic one for those wishing tobenefit the College in their wills, requiring merely theintended value of the legacy and a signature, albeit inthe presence of two independent witnesses. Thereafter,the codicil should be lodged safely with your will, thusensuring that its directions are incorporated (please!)within any future will that may be made.

The tax benefits derived from leaving a charitablelegacy are both considerable and compelling, howevergreat or small its value. The current 40% rate ofInheritance Tax enables a legacy worth, say, £50,000to Winchester College to cost the deceased’s estateonly £30,000.

Usually testators direct us to use their legacies tobuild up our endowment funds, which help us tomeet our long-term charitable objectives, primarilybursaries, ancient buildings and Quiristers. Thesefunds are included with our other long-term assetsand carefully managed by the Investment Committee(see Mark Loveday’s report on pages 30 and 31).Our Disbursement Committee (see page 37) alsousually allocates those legacies which have noparticular strings attached to support those samethree objectives.

The Sub-Warden, Robin Fox (A, 1950-55), is theGoddard Legacy Society’s Chairman. He hopesvery much, as I do, that all those who are leavingthe School a legacy will enable us to express ourappreciation to you in person by joining our legacysociety, for which events are arranged each year.Please don’t hesitate to contact me (on 01962 621151or at [email protected]), should you wish to takematters further. Remember, the process can be easy,economic, tax efficient … and even fun!

David Fellowes (I, 1963-67)Director of Winchester College Society

CollegeAnonymous (2)C F Badcock 1939-43R H Bird 1945-50D C Bonsall 1969-73Sir Jeffery Bowman 1948-53G S Hill 1940-45G P A Howe 1948-53B Jensen 1949-54D Kingston 1943-48A D G Milne 1944-48Sir Patrick Moberly 1942-46M P O Morford 1942-48R A Moss 1948-53R Rawlence 1951-56P A Stables 1947-52C D Stewart-Smith 1954-59T C Ulrich 1951-55D R Woolley 1953-57

Chernocke (A)Anonymous (2)J R F Adams 1947-52W J Albery 1949-54T F M Bebb 1949-53C M Brett 1955-60G D Dean 1950-56R T Fox 1950-55P B Hay 1955-60H O R Humphrys 1959-64P G Littlehales 1952-56C F Popham 1935-40V A L Powell 1953-58R J Priestley 1960-65J J B Rowe 1951-56A N E Wilson 1988-90

Moberly’s (B)D N Beevor 1954-59D L S Campbell 1932-37Sir David Davies 1953-58A S G Drew 1952-57R D K Edwards 1948-53S F Every 1943-47N M H Jones 1960-65R H A MacDougald 1968-72Q N J Marshall 1986-91M Maynard 1940-45C M Moore 1958-62R N E Smith 1960-65J F Taylor 1949-54T G T Taylor 1944-49J A C Watherston 1957-62R J Woodward 1943-47

du Boulay’s (C)Anonymous (1)M Bicknell 1949-54R M J Burr 1946-51C V Dinwiddy 1955-60J P O Gibb 1949-54Sir Michael Gow 1937-42N J Hallings-Pott 1951-56W N M Lawrence 1948-53P M Luttman-Johnson 1933-38J H M Peel 1962-67J R Rigby 1939-44T Snow 1943-47P Stormonth Darling 1945-50J J des C Virden 1950-55J F Willmer 1943-49

Fearon’s (D)Anonymous (1)J C P Boyes-Watson 1937-42F W Edwards 1943-48Earl Ferrers 1942-47H R W Murray 1951-56J H Silley 1950-55A R W Smithers 1951-55P C Stevens 1953-58G A Stobart 1949-54M J L Stow 1934-39J C Willis 1988-93

Morshead’s (E)Anonymous (1)H G Ashton 1943-48G T K Boney 1958-63W J S Date 1956-62P A Davis 1955-60G H G Doggart 1938-43R M Formby 1951-56W N J Howard 1945-50Lord Howe of Aberavon 1940-45A C R Howman 1945-49D H Hunter 1950-54Sir Andrew Longmore 1958-62T G S Maxwell 1947-52B K Peppiatt 1947-52D R Peppiatt 1944-48H M Priestley 1955-60J W Robertson 1947-52R M O Stanley 1944-49Sir Michael Turner 1945-49C N Villiers 1954-59


Hawkins’ (F)Anonymous (2)J B H Francis 1942-47D C E Helme 1934-39I L M Henry 1980-85P L A Jamieson 1951-56Sir Andrew Large 1956-60M J P Martin 1932-38R N Philipson-Stow 1950-55J R Sanders 1956-61C W Taylor-Young 1947-52A R H Worssam 1938-41

Sergeant’s (G)Anonymous (2)M T Barstow 1934-39J T S Bower 1948-53P H F Bullard 1947-51A M Collett 1951-56T H Drabble 1948-53G G Ferguson 1947-52A H Gordon Clark 1948-52S Gordon Clark 1957-61S T Grandage 1950-55R L Hancock 1941-46J D V Phipps 1943-48R W G Raybould 1954-60J V H Robins 1952-56Sir Roger Vickers 1958-63C G C Vyvyan 1958-62H E Webb 1940-45P H S Wettern 1941-45H White 1949-54R B Woods 1960-64

Bramston’s (H)E D Armstrong 1936-41Sir Christopher Audland 1939-44M H Heycock 1942-46M L Hichens 1939-43M A Loveday 1957-62R H W Marten 1956-61G F W Swan 1943-48D M Watney 1945-49

Turner’s (I)Anonymous (1)G D Apperly 2002-07D W L Fellowes 1963-67D Hill 1940-45P S W K Maclure 1952-57N F McCarthy 1945-50Viscount Montgomery 1942-46E J Podell 1969-70D J Wilson 1950-54J G Wyatt 1950-55

Kingsgate (K)Anonymous (2)C A A Black 1950-55M C Clarke 1954-59R J Gould 1936-41Sir Jeremy Morse 1942-46G G E Stibbe 1971-76D R Strangwayes-Booth 1951-55C H Van der Noot 1953-57H W C Wilson 1939-44

Quiristers (Q)G I Grange 1958-60

Past ParentsCommander & Mrs C B DaweMr E R DayProfessor A Elliott-KellyMrs V A FellowesMr C GadsdenMrs M GadsdenMr D JonesMr R J JonesMrs S JonesMr W H LoweMrs C MiddleditchDr A Olliff-CooperMiss J Ritchie

StaffAnonymous (1)

Former member of staffMr A H Thompson

Other membersMr R Perry

Legacies receivedDuring the year to 31st August 2010 we receivedlegacies from the estates of the following:D M Bennetts (D, 1957-62)G C H Ferard (E, 1945-50)A H Gordon Honorary WykehamistC A McDowall (H, 1927-32)D C Norris-Jones Past Parent

We remain indebted to them and to theirfamilies for having committed their generouscontributions towards securing the School’s future.

Legacies promised(cumulative)

06/07 07/0804/05 05/06 08/09 09/10

1,75

6

971

1,46

6

1,83

3

2,37

2

2,42

0


The VisitorThe Lord Bishop of Winchester(The Rt Rev’d Michael Scott-Joynt MA)

Governing BodyThe Warden and FellowsThe Fellows of Winchester College who heldoffice during the year and subsequently were:

*Sir David Clementi MA, MBA Warden*Robin Fox CBE, MA, FCIB Sub-WardenProfessor David Hanna BA, PhD, FRS(retired 5 December 2009)

*John Nightingale MA, DPhil

*Robert Sutton BA

The Rev’d Canon Jane Shaw MA, PhD(resigned 31 August 2010)

*The Rt Hon Sir Andrew Longmore PC, MA

Michael St John Parker MA

*Robert Woods CBE, MA

*Mark Loveday MA

Jean Ritchie QC, LLM

Professor Sir Curtis Price KBE, AM, PhD

Professor Christopher SachrajdaFRS, PhD, FInstP, CPhys(appointed 13 March 2010)

*Charles Sinclair CBE, BA(appointed 28 November 2010)

*Wykehamists

OfficersRalph Townsend MA, DPhil HeadmasterJeffrey Hynam MPhil, BEd, ACP Bursar &Secretary to the Governing Body

Governing BodyCommittee structureDuring the year, the activities of the GoverningBody were carried out through six primarycommittees and one sub-committee. The currentmembership of these committees is as follows:

ACADEMIC AND PASTORAL COMMITTEE

Professor Sir Curtis Price ChairmanDr John NightingaleMichael St John ParkerProfessor Christopher SachrajdaHeadmasterBursarSecond MasterDirector of StudiesMaster in College

FINANCE COMMITTEE

Robin Fox ChairmanRobert SuttonRobert WoodsMark LovedayCharles SinclairHeadmasterBursarDeputy Bursar/Chief Accountant

WORKS COMMITTEE

Michael St John Parker ChairmanRobin FoxJean RitchieJon Stanwyck AdviserHeadmasterBursarSecond MasterWorks Bursar

DEVELOPMENT COMMITTEE

Robert Woods ChairmanRobin FoxDr John NightingaleCharles SinclairWilliam Eccles AdviserRichard Morse AdviserPeter Davis Adviser (resigned January 2010)Peter Stormonth Darling Adviser(resigned September 2010)HeadmasterBursarDirector of DevelopmentDirector of the Winchester College SocietyDeputy Director of DevelopmentDomestic Bursar

NOMINATIONS COMMITTEE

Sir David Clementi ChairmanRobin FoxRobert SuttonHeadmasterBursar

AUDIT AND RISK COMMITTEE

Robin Fox ChairmanRobert SuttonSir Andrew LongmoreJean RitchiePeter Davis AdviserHeadmasterBursarDeputy Bursar/Chief Accountant

INVESTMENT COMMITTEESub-committee of Finance CommitteeMark Loveday ChairmanRobin FoxAndrew Joy AdviserAndrew Sykes AdviserHugh Priestley AdviserRobert Sebag-Montefiore AdviserDeputy Bursar/Chief AccountantEstates Bursar

Senior Management CommitteeDr Ralph Townsend HeadmasterJeffrey Hynam BursarRobert Wyke Second MasterSteven Little Deputy Bursar/Chief AccountantMichael Wallis Chairman ofCommon Room CommitteeSteven Bailey Senior Housemaster(until December 2009) Alastair Land Master in College Senior Housemaster from January 2010Keith Pusey RegistrarJohn Wells Works BursarDr James Webster Director of StudiesDavid Fellowes Director of WinchesterCollege SocietyLorna Stoddart Director of Development& Director of Winchester College SocietyStephen Anderson Senior TutorElizabeth Stone Under Master


Contact details

Winchester CollegeCollege StreetWinchesterSO23 9LXTel: 01962 621100Fax: 01962 621106

Winchester College SocietyDevelopment Office17 College StreetWinchesterSO23 9LXTel: 01962 621217Email: [email protected]

BankersNational Westminster Bank plc105 High StreetWinchesterHampshireSO23 9AW

SolicitorsFarrer & Co LLPDutton GregoryTrussell House23 St Peter's StreetWinchesterSO23 8BT

AuditorsCrowe Clark Whitehill LLPSt Bride’s House10 Salisbury SquareLondonEC4Y 8EH

Insurance BrokersMarsh Brokers LimitedCapital House1-5 Perrymount RoadHaywards HeathRH16 3SY

DesignContagiouswww.contagiouseducation.co.uk

PhotographyKin Howww.kinho.com

Special thanks toJonathan DavisPaul DennettPriscylla LimJen WeeksOliver ThoroldSam Hart

REGISTERED CHARITY NO: 1139000

Investing in the future - wincollsoc.org

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