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Statements of Comprehensive Income and Expenditure

STATEMENTS OF COMPREHENSIVE INCOME AND EXPENDITURE

For the Year Ended 31 July 2020

​

Ìý

Income Note

2018/19

£000

Consolidated

2018/19

£000

University

Ìý

2017/18

£000

Consolidated

Ìý

2017/18

£000

University

Tuition fees and education contracts 1 13,923 13,923 12,911 12,911
Scottish Funding Council grants 2 16,171 16,171 15,426 15,426
Research grants and contracts 3 2,192 2,167 1,954 1,917
Other income 4 6,842 6,463 6,477 6,258
Investment income 5 85 84 27 26
Donations and endowments 6 305 305 239 239
Ìý Ìý Ìý Ìý Ìý Ìý
Total income Ìý 39,518 39,113 37,034 36,777
Ìý Ìý Ìý Ìý Ìý Ìý
EXPENDITURE Ìý Ìý Ìý Ìý Ìý
Staff costs 7 26,712 26,567 24,041 23,913
Other operating expenses 11 11,683 11,423 11,550 11,421
Depreciation 12 5,735 5,735 5,175 5,175
Interest and other finance costs 8 1,432 1,432 1,641 1,641
Ìý Ìý Ìý Ìý Ìý Ìý
Total expenditure Ìý 45,562 45,157 42,407 42,150
Ìý Ìý Ìý Ìý Ìý Ìý
Surplus / (deficit) before tax Ìý (6,044) (6,044) (5,373) (5,373)
Ìý Ìý Ìý Ìý Ìý Ìý
Taxation 10 - - - -
Ìý Ìý Ìý Ìý Ìý Ìý
Surplus / (deficit) for the year Ìý (6,044) (6,044) (5,373) (5,373)
Ìý Ìý Ìý Ìý Ìý Ìý
Unrealised surplus on revaluation of land and
buildings
Ìý 30,614 30,614 Ìý Ìý
Actuarial (loss) /gain in respect of pension
schemes
Ìý (7,359) (7,359) 7,677 7,677
Ìý Ìý Ìý Ìý Ìý Ìý
Total comprehensive income for the year Ìý 17,211 17,211 2,304 2,304

Represented by:-

Endowment comprehensive income for the year
Unrestricted comprehensive income for the year
Revaluation reserve comprehensive income for the year

77

Ìý

(13,480)

Ìý

30,614

Ìý

17,211

77

Ìý

(13,480)

Ìý

30,614

Ìý

17,211

74

Ìý

2,230

Ìý

-

Ìý

2,304

74

Ìý

2,230

Ìý

-

Ìý

2,304

All items of income and expenditure relate to continuing activities.