Statements of Comprehensive Income and Expenditure
For the Year Ended 31 July 2023
| - | - |
Consolidated |
University |
||
|---|---|---|---|---|---|
| Income | Notes |
2022/23 £000 |
(Reinstated) 2021/22 £000 |
2022/23 £000 |
(Reinstated) 2021/22 £000 |
|
Tuition fees and education contracts |
1 | 18,168 | 17,103 | 18,168 | 17,103 |
|
Scottish Funding Council grants |
2 | 22,204 | 21,606 | 22,204 | 21,606 |
|
Research grants and contracts |
3 | 2,015 | 2,771 | 2,006 | 2,349 |
|
Other Incomes |
4 | 7,321 | 6,396 | 7,087 | 6,163 |
|
Investment income |
5 | 998 | 72 | 980 | 71 |
|
Donations and endowments |
6 | 410 | 369 | 410 | 369 |
|
Total Income |
Ìý | 51,117 | 48,317 | 50,856 | 47,661 |
|
Expenditure |
Ìý |
Ìý |
Ìý | Ìý |
Ìý |
|
Staff Costs |
7 | 29,920 | 29,216 | 29,814 | 28,979 |
|
Other operating expenses |
10 | 14,823 | 13,329 | 14,668 | 12,910 |
|
Depreciation, amortisation |
11,12 | 5,405 | 4,812 | 5,405 | 4,812 |
|
Interest and other finance costs |
8 | 807 | 1,366 | 807 | 1,366 |
|
Total Expenditure |
Ìý | 50,955 | 48,723 | 50,694 | 48,067 |
|
Surplus/(Deficit) for the year |
Ìý | 162 | (406) | 162 | (406) |
|
Unrealised surplus/(deficit) on revaluation of land and buildings |
Ìý | 8,009 | 14,456 | 8,009 | 14,456 |
|
Actuarial gain in respect ofÌýpension schemes |
Ìý | 15,454 | 32,734 | 15,454 | 32,734 |
|
Total comprehensive income /(expenditure) for the year |
Ìý | 23,625 | 46,784 | 23,625 | 46,784 |
|
Represented by:- |
Ìý | Ìý | Ìý | Ìý | Ìý |
|
Endowment comprehensive income for the year |
Ìý |
(67) | 171 | (67) | 171 |
|
Unrestricted comprehensive income for the year |
Ìý |
15,683 | 32,157 | 15,683 | 32,157 |
| Revaluation reserve comprehensive income for the year | Ìý | 8,009 | 14,456 | 8,009 | 14,456 |
| Ìý | Ìý | 23,625 | 48,784 | 23,625 | 46,784 |
All items of income and expenditure relate to continuing activities.
The accompanying notes and policies on pages 30 to 54 form part of these financial statements.
Ìý
