Keele statement of accounts 20/21 | Page 45

Statement of Accounts 2020 / 21
Notes to the Accounts Notes to the Accounts
For the year ended 31 July 2021 For the year ended 31 July 2021
3 Grant and fee income ( continued )
Fee income for taught awards This includes fee income for higher education courses for taught awards ( from students directly or via the Student Loans Company or any other body paying fees on behalf of the student ). These include undergraduate and postgraduate taught awards .
Fee income for research awards This includes fee income for research awards , including postgraduate research awards but excluding research training support grants .
Fee income from non-qualifying courses This includes fees paid by students ( or by others on behalf of students ) for non-credit-bearing courses , further education courses , research training support or any other course that are not included under fee income for taught awards or fee income for research awards .
Year ended 31 July 2021
Year ended 31 July 2020
Consolidated and
University
Consolidated and
University
4
Research grants and contracts
£’ 000
£’ 000
Research councils
3,307
2,536
Research charities
2,138
1,896
UK central government
7,774
7,540
UK industry & commerce
444
433
Other
2,033
2,637
15,696
15,042
Capital income
8,873
-
24,569 15,042
Capital income is the release of capital funding for the Smart Energy Network Demonstrator ( SEND ) for £ 8,673k and also a specific EPSRC grant for £ 200k .
“ Other ” above includes EU government bodies , UK local authorities , health and hospital sources and other UK , EU and overseas sources .
Year ended 31 July 2021 Year ended 31 July 2020 Notes Consolidated University Consolidated University
5 Other income £’ 000 £’ 000 £’ 000 £’ 000
Residences , catering and conferences
9,943
9,943
15,022
15,022
KRF rental payment received
31 ( d )
4,766
4,766
4,725
4,725
KRF premium release
31 ( d )
2,842
2,842
2,842
2,842
Other services rendered
1,387
1,387
1,136
1,136
Coronavirus Job Retention Scheme grant
817
817
1,561
1,561
Other income
13,155
13,397
11,989
12,135
32,910
33,152
37,275
37,421
Other capital grants
-
-
2,781
2,781
32,910 33,152 40,056 40,202
Year ended 31 July 2021
Year ended 31 July 2020
Consolidated
University
Consolidated
University
6 Investment income
£’ 000
£’ 000
£’ 000
£’ 000
Investment income on endowments
23
-
-
3
3
Decrease in fair value of derivatives
169
169
138
138
Other investment income
1,074
1,094
1,280
1,347
1,243 1,263 1,421 1,488
Year ended 31 July 2021
Year ended 31 July 2020
Consolidated
University
Consolidated
University
7
Donations and endowments
£’ 000
£’ 000
£’ 000
£’ 000
New endowments
57
57
22
22
Unrestricted donations
182
182
102
102
There are no donations or endowments being held in the Balance Sheet not recognised as income .
239 239 124 124
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