Balance sheets as at 31 July 2021
BALANCE SHEETS AS AT 31 JULY 2021
BALANCE SHEETS AS AT 31 JULY 2021
| FIXED ASSETS | Note |
Consolidated 2021 |
Consolidated 2020 |
University 2021 |
University 2022 |
|---|---|---|---|---|---|
|
Tangible assets |
11 |
123,629 |
128,755 |
123,629 |
128,755 |
|
Investments |
12 |
- |
- |
- |
- |
|
|
123,629 |
128,755 |
123,629 |
128,755 |
|
|
CURRENT ASSETS |
|
|
|
|
|
|
Trade and other receivables
|
13 |
1,755 |
2,522 |
1,783 |
2,982 |
|
Cash at bank and in hand |
15,607 |
8,772 |
15,380 |
8,252 |
|
|
|
17,362 |
11,294 |
17,163 |
11,234 |
|
|
CREDITORS: amounts falling due within one year |
14 |
(9,774) |
(7,272) |
(9,575) |
(7,212) |
|
NET CURRENT ASSETS / (LIABILITIES) |
7,588 |
4,022 |
7,588 |
4,022 |
|
|
CREDITORS : amounts falling due after more than one year |
15 |
(33,104) |
(35,251) |
(33,104) |
(35,251) |
|
PROVISIONS FOR LIABILITIES AND CHARGES |
16 |
(24,413) |
(34,573) |
(24,413) |
(34,573) |
|
NET ASSETS |
73,700 |
62,953 |
73,700 |
62,953 |
|
|
RESTRICTED RESERVES
|
|
|
|
|
|
|
Income & expenditure reserve – endowment
|
|
|
|
|
|
|
reserve
|
17 |
1,048 |
821 |
1,048 |
821 |
|
UNRESTRICTED RESERVES
|
|
|
|
|
|
|
Income & expenditure reserve – unrestricted
|
|
|
|
|
|
|
Revaluation reserve |
18 |
6,217 |
(4,448) |
6,217 |
(4,448) |
|
|
66,435 |
66,580 |
66,435 |
66,580 |
|
|
TOTAL RESERVES |
73,700 |
62,953 |
73,700 |
62,953 |
Queen Margaret University, Edinburgh
Company registered in Scotland no. SC007335
The financial statements on pages 19 to 42 were approved by the University Court and signed on its behalf by:
on 1 December 2021
Pamela Woodburn - Chair
Sir Paul Grice - Principal and Vice-Chancellor
