Members’ Report and Financial statements for the year ended 31 July 2023
East Durham College Consolidated Statements of Comprehensive Income and Expenditure For the year ended 31 July 2023 Notes
INCOME Funding body grants Tuition fees and education Other grants and contracts contracts Other income Endowment and Investment income Total income EXPENDITURE Staff costs Other operating expenses Depreciation Interest and other finance costs Total expenditure Surplus (Deficit) before other gains and losses Loss on disposal of assets Surplus (Deficit) before tax Taxation Surplus (Deficit) for the year losses Remeasurement of net defined benefit pension asset/liability
Year ended 31 July 2023 Group £’000
Year ended 31 July 2022
College £’000
Group £’000
College £’000
2 3 4
19,487 1,415 2,484
19,487 1,415 2,471
17,233 1,556 641
17,233 1,556 629
5 6
2,044 44
2,044 46
1,959 (31)
1,960 (31)
25,474
25,463
21,358
21,347
15,516 8,042 1,581 225 25,364 110
15,516 8,042 1,563 225 25,346 117
15,334 5,678 1,496 185 22,693 (1,335)
15,334 5,678 1,478 185 22,675 (1,328)
110 110
117 117
7 (1,328) (1,328)
7 (1,321) (1,321)
6,260
6,260
14,810
14,810
6,370
6,377
13,482
13,489
7 8 11 9
10
24
Total Comprehensive Income for the year
All items of income and expenditure relate to continuing activities.
45