Financial Statements | Annual Report and Accounts 2020–21
Statement of comprehensive income and expenditure Year ended 31 July 2021 Consolidated
College
Notes
Year ended 31 July 2021 £m
Year ended 31 July 2020 £m
Year ended 31 July 2021 £m
Year ended 31 July 2020 £m
1 2 3 5 6 7
383.5 156.0 363.0 145.3 7.5 24.0
337.7 154.3 347.7 152.5 5.9 28.3
383.5 156.0 363.0 138.0 7.5 24.0
337.7 154.3 347.7 156.7 5.9 28.3
1,079.3
1,026.4
1,072.0
1,030.6
590.6 4.6 356.1 85.5 19.6
567.4 (71.5) 364.3 79.7 21.7
587.6 4.6 352.1 85.0 19.6
564.6 (71.5) 373.6 78.7 21.8
1,056.4
961.6
1,048.9
967.2
Surplus before other gains/(losses) and share of operating results of joint ventures and associates
22.9
64.8
23.1
63.4
Gain on disposal of fixed assets Gain/(loss) on disposal of non-current investments Gain/(loss) on investments Gain on disposal of interest in associates Share of operating surplus/(deficit) in joint ventures Share of operating deficit in associates
39.6 1.9 86.6 13.2 0.3 (2.8)
70.8 (1.5) (9.0) (1.0) (1.2)
39.6 8.3 86.6 -
70.8 (1.5) (9.0) -
161.7
122.9
157.6
123.7
-
-
-
-
Surplus for the year
161.7
122.9
157.6
123.7
Total comprehensive income for the year
161.7
122.9
157.6
123.7
Represented by: Endowment comprehensive income/(expenditure) for the year Restricted comprehensive (expenditure)/income for the year Unrestricted comprehensive income for the year
26.1 (0.8) 136.4
(2.1) (16.0) 141.0
26.1 1.5 130.0
(2.1) (13.9) 139.7
161.7
122.9
157.6
123.7
Income Tuition fees and education contracts Funding body grants Research grants and contracts Other income Investment income Donations and endowments Total income Expenditure Staff costs Pension provisions Other operating expenses Depreciation Interest and other finance costs
8, 10 8, 10 10 10, 12 9, 10
Total expenditure
Surplus before tax Taxation
13 15
All items of income and expenditure relate to continuing activities. There are no additional items recognised in other comprehensive income.
66