Balance sheets as at 31 July 2018
Balance sheets as at 31 July 2018
| FIXED ASSETS | Notes |
Consolidated 2020 £000 |
Consolidated 2019 £000 |
University 2020 £000 |
University 2019 £000 |
|---|---|---|---|---|---|
|
Tangible assets |
12 |
128,755 |
127,961 | 128,755 | 127,961 |
|
Investments |
13 | - | - | - | - |
| Ìý | Ìý | 128,755 | 127,961 | 128,755 | 127,961 |
| CURRENT ASSETS | Ìý | Ìý | Ìý | Ìý | Ìý |
|
Trade and other receivables |
14 |
2,522 |
1,709 | 2,982 | 1,825 |
|
Cash at bank and in hand |
Ìý |
8,772 |
8,082 | 8,252 | 7,754 |
|
Ìý |
Ìý |
11,294 |
9,791 | 11,234 | 9,579 |
|
CREDITORS: amounts falling due withinÌýone year |
15 |
(7,272) |
(8,219) | (7,212) | (8,007) |
|
NET CURRENT ASSETS / (LIABILITIES) |
Ìý |
4,022 | 1,572 | 4,022 | 1,572 |
|
TOTAL ASSETS LESS CURRENTÌýLIABILITIES |
Ìý | 132,777 | 129,533 | 132,777 | 129,533 |
|
CREDITORS : amounts falling due afterÌýmore than one year |
16 |
(35,251) |
(37,418) | (35,251) | (37,418) |
|
PROVISIONS FOR LIABILITIES AND CHARGES |
17 |
(34,573) |
(19,416) | (34,573) | (19,416) |
|
NET ASSETS |
Ìý |
62,953 | 72,699 | 62,953 | 72,699 |
|
RESTRICTED RESERVES |
Ìý | Ìý | Ìý | Ìý | Ìý |
|
Income & expenditure reserve – endowmentÌýreserve |
18 | 821 | 642 | 821 | 642 |
|
UNRESTRICTED RESERVES |
Ìý | Ìý | Ìý | Ìý | Ìý |
|
Income & expenditure reserve – unrestrictedÌýRevaluation reserve |
Ìý 66,580 61,412 66,580 61,412 |
(4,448) | 10,645 | (4,448) | 10,645 |
| Revaluation reserve | 19 | 66,580 | 61,412 | 66,580 | 61,412 |
| Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
| TOTAL RESERVES |
Ìý |
62,953 | 72,699 | 62,953 | 72,699 |
Queen Margaret University, Edinburgh
Company registered in Scotland no. SC007335
The financial statements on pages 18 to 42 were approved by the University Court on 26 February 2021Ìýand signed on its behalf by:
Linda McPherson - Acting Chair
Sir Paul Grice -ÌýPrincipal and Vice-Chancellor
