NOTES TO THE ACCOUNTS
NOTE 37 – PENINSULA COLLEGE OF MEDICINE AND DENTISTRY INCOME AND EXPENDITURE ACCOUNT of the Higher Education (HE) Community Chest for the year ended 31 July 2011
INCOME Funding Council grants
University of Exeter 2011
University of Plymouth 2011
Note
£’000
£’000
£’000
£’000
iii
8,729
8,729
17,458
16,964
2,707
2,745
5,452
4,574
iv
2,075
2,075
4,150
7,528
10,348
2,220
12,568
11,107
1,284
1,322
2,606
4,854
98
98
196
209
25,241
17,189
42,430
45,236
14,763 9,806 260
9,233 7,320 224
23,996 17,126 484
20,797 20,214 234
24,829
16,777
41,606
41,245
412
412
824
3,991
Tuition fees and education contracts NHS funding Research grants and contracts Other income
v
Endowment and investment income Total income
Total
Total
2011
2010
EXPENDITURE vi vii
Total expenditure
Surplus on continuing operations
BALANCE SHEET of the Higher Education (HE) Community Chest as at 31 July 2011 2011
2010
£’000
£’000
vii
5,204
3,717
Current assets Stock Debtors Cash at bank and in hand
viii ix
4 7,765 30,192
– 12,452 25,359
37,961
37,811
(17,477)
(18,151)
Net current assets
20,484
19,660
Total assets less current liabilities
25,688
23,377
NET ASSETS
25,688
23,377
Creditors: amounts falling due within one year
x
Deferred capital grants
vii
5,204
3,717
Reserves
xi
20,484
19,660
25,688
23,377
TOTAL
69
NOTES TO ACCOUNTS
Note Fixed assets Tangible assets
F I N A N C I A L S TAT E M E N T S
Staff costs Other operating expenses Depreciation