Balance sheets as at 31 July 2019
BALANCE SHEETS AS AT 31 JULY 2019
| FIXED ASSETS | Notes |
Consolidated 2019 £000 |
Consolidated 2018 £000 |
University 2019 £000 |
University 2018 £000
|
|---|---|---|---|---|---|
|
Tangible assets |
12 |
127,961 |
102,071 | 127,961 | 102,071 |
|
Investments |
13 | - | - | - | - |
| 127,961 | 102,071 | 127,961 | 102,071 | ||
| CURRENT ASSETS | |||||
|
Trade and other receivables |
14 |
1,709 |
1,711 | 1,825 | 1,982 |
| Current asset investments |
- |
- | - | - | |
|
Cash at bank and in hand |
8,082 |
8,084 | 7,754 | 7,594 | |
|
|
9,791 |
9,795 | 9,579 | 9,576 | |
|
CREDITORS: amounts falling due within one year |
15 |
(8,219) |
(38,273) | (8,007) | (38,054) |
|
NET CURRENT ASSETS / (LIABILITIES) |
|
1,572 | (28,478) | 1,572 | (28,478) |
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
129,533 | 73,593 | 129,533 | 73,593 | |
|
CREDITORS : amounts falling due after more than one year |
16 |
(37,418) |
(8,889) | (37,418) | (8,889) |
|
PROVISIONS FOR LIABILITIES AND CHARGES |
17 |
(19,416) |
(9,216) | (19,416) | (9,216) |
|
NET ASSETS |
|
72,699 | 55,488 | 72,699 | 55,488 |
|
RESTRICTED RESERVES |
|||||
|
Income & expenditure reserve – endowment reserve |
18 | 642 | 565 | 642 | 565 |
|
UNRESTRICTED RESERVES |
|||||
|
Income & expenditure reserve – unrestricted |
|
10,645 | 23,791 | 10,645 | 23,791 |
| Revaluation reserve | 19 | 61,412 | 31,132 | 61,412 | 31,132 |
| TOTAL RESERVES |
|
72,699 | 55,488 | 72,699 | 55,488 |
Company registered in Scotland no. SC007335
The financial statements on pages 18 to 39 were approved by the University Court on 27 November 2019 and signed on its behalf by:
Dr Frances Dow, CBE - Chair
Sir Paul Grice - Principal and Vice-Chancellor
