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Statements of Comprehensive Income and Expenditure

STATEMENTS OF COMPREHENSIVE INCOME AND EXPENDITURE

For the Year Ended 31 July 2021

Income

Consolidated

2020/21

£000

Consolidated

2019/20

£000

University

2019/20

£000

University

2020/21

£000

°Õ´Ç³Ù²¹±ôÌý

Tuition fees and education contracts

1 15,058 13,918 15,058 13,918

Scottish Funding Council grants

2 20,707 17,171 20,707 17,171

Research grants and contracts

3 2,986 6,532 4,473 6,308

Other income

4 4,799 6,532 4,473 6,308

Investment income

5 15 56 15 55

Donations and endowments

6 466 339 366 339

Total income

Ìý 44,031 40,437 43,528 40,195

EXPENDITURE

Ìý Ìý Ìý Ìý Ìý

Staff costs

7

26,968

23,153

26,793

23,089

Other operating expenses

10

12,298

10,901

11,970

10,723

Depreciation

11

5,071

5,314

5,071

5,314

Interest and other finance costs

8

1,545

1,548

1,545

1,548

Total expenditure

Ìý

45,882

40,916

45,379

40,674

Deficit)/surplus before other gains/(losses)

Ìý

(1,851)

(479)

(1,851)

(479)

Gain/(loss) on disposal of tangible asset

Ìý - 4 - 4

(Deficit) / surplus for the year

Ìý

(1,851)

(475)

(1,851)

(475)

Unrealised (deficit) /surplus on revaluation of land and buildings

Ìý

Ìý

(145)

5,168

(145)

5,168

Actuarial gain /(loss) in respect of pension schemes

Ìý

12,743

(14,439)

12,743

(14,439)

Total comprehensive income /(expenditure) for the year

Ìý

Ìý

10,747

(9,746)

10,747

(9,746)

Represented by:-

Income

Consolidated

2020/21

£000

Consolidated

2019/20

£000

University

2020/21

£000

University

2019/20

£000

Endowment comprehensive income for the year

227 179 227 179

Unrestricted comprehensive income for the year

10,665

(15,093)

10,665

(15,093)

Revaluation reserve comprehensive income for the year

(145)

5,168

(145)

5,168

Unrestricted comprehensive income for the year

10,665

(15,093)

10,665

(15,093)

All items of income and expenditure relate to continuing activities.

Ìý

The accompanying notes and policies on pages 23 to 42 form part of these financial statements