Keele statement of accounts 20/21 | Page 31

Statement of Accounts 2020 / 21
Consolidated and University Statement of Comprehensive Income (“ SOCI ”) Consolidated Year Ended 31 and July University 2021
Statement of Comprehensive Income (“ SOCI ”)
Year Ended 31 July 2021
Income
Year Year ended ended 31 31 July July 2021 2021 Year Year ended ended 31 31 July July 2020 2020 Notes Notes Consolidated University Consolidated University
£’ 000 £’ 000 £’ 000 £’ 000 £’ 000 £’ 000 £’ 000 £’ 000
Tuition
Tuition fees fees and and education contracts
1
1
86,857
86,857
86,857
86,857
81,511
81,511
81,511
81,511
Funding body body grants grants
2
2
25,181
25,181
25,181
25,181
25,160
25,160
25,160
25,160
Research grants grants and and contracts
4
4
15,696
15,696
15,696
15,696
15,042
15,042
15,042
15,042
Research grants grants and and contracts – capital – capital income income
4
4
8,873
8,873
8,873
8,873
-
-
-
-
Other
Other Income Income
5
5
32,910
32,910
33,152
33,152
37,275
37,275
37,421
37,421
Other
Other Income Income – capital – capital income income
5
5
-
-
-
-
2,781
2,781
2,781
2,781
Investment Income Income
6
6
1,243
1,243
1,263
1,263
1,421
1,421
1,488
1,488
Donations and and endowments
7
7
239
239
239
239
124
124
124
124
Total
Total Income
170,999
171,261
163,314
163,527
Expenditure Staff
Staff costs costs – pay – pay ( ( including Voluntary Severance ) )
8
8
89,470
89,470
89,470
89,470
90,222
90,222
90,222
90,222
Staff
Staff costs costs – – actuarial movement
8
8
( 2,365
( 2,365 ) )
( 2,365
( 2,365 ) )
( 33,642
( 33,642 ) )
( 33,642
( 33,642 ) )
Other
Other operating expenses
9
9
54,077
54,077
54,222
54,222
56,684
56,684
56,107
56,107
Depreciation
13
13
10,700
10,700
10,603
10,603
9,006
9,006
8,909
8,909
Interest
Interest and and other other finance finance costs costs
10
10
3,709
3,709
3,709
3,709
4,754
4,754
4,754
4,754
Total
Total expenditure
11
11
155,591
155,639
127,024
126,350
Surplus / ( deficit / ( deficit ) before ) before other other gains gains / losses / losses
15,408
15,408
15,622
15,622
36,290
36,290
37,177
37,177
Loss
Loss on on disposal of of tangible assets assets
( 73 () 73 )
( 73 () 73 )
( 481
( 481 ) )
( 481
( 481 ) )
Gain
Gain / ( loss / ( loss ) on ) on investment property
13
13
1,350
1,350
1,350
1,350
( 750
( 750 ) )
( 750
( 750 ) )
Gain
Gain / ( loss / ( loss ) on ) on investments
3,052
3,052
3,052
3,052
( 62 () 62 )
( 62 () 62 )
Surplus / ( deficit / ( deficit ) before ) before tax tax
19,737
19,737
19,951
19,951
34,997
34,997
35,884
35,884
Taxation
12
12
-
-
-
-
-
-
-
-
Surplus / ( deficit / ( deficit ) for ) for the the year year
19,737
19,737
19,951
19,951
34,997
34,997
35,884
35,884
Other
Other comprehensive income and and expenditure
Actuarial gain gain / ( loss / ( loss ) in ) respect in respect of of pension schemes
32
32
3,229
3,229
3,229
3,229
( 5,719
( 5,719 ) )
( 5,719
( 5,719 ) )
Unrealised gain gain on on transfer transfer to to Investment Property
13
13
240
240
240
240
-
-
-
-
Total
Total comprehensive income and and expenditure for for the the
year year
23,206
23,206
23,420
23,420
29,278
29,278
30,165
30,165
Represented by : by :
Endowment comprehensive income income for for the the year year
23
23
14
14
14
14
( 100
( 100 ) )
( 100
( 100 ) )
Restricted comprehensive income income for for the the year year
24
24
( 1,488
( 1,488 ) )
( 1,488
( 1,488 ) )
1,488
1,488
1,488
1,488
Unrestricted comprehensive income income for for the the year year
24,680
24,680
24,894
24,894
27,890
27,890
28,777
28,777
23,206
23,206
23,420
23,420
29,278
29,278
30,165
30,165
All All items items of income of income and and expenditure relate relate to to continuing activities . . The The accompanying notes notes and and policies policies on on pages pages 31 32 to 69 to 70 form form part part of these of these financial statements . .
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