Directors' Report and Financial Statements Structures and Statistics ...

More documents

Recommendations

Info

72 ITB Financial Statements 1999–2000 ITB Financial Statements 1999–2000 73 Notes to the Financial Statements continued 4 OTHER INCOME Period ended Period ended 31-Aug-00 31-Aug-00 IR£’000s €,000 Superannuation Deductions Retained 53 67 Capitation Fees Sundry Income 16 21 ____________________________ 69 88 ____________________________ Capitation fees received in September 1999 were recognised in the accounts of the Limited Company. 5 ACADEMIC DEPARTMENTS Staff: Teaching 569 722 Administrative, Executive and Secretarial 22 28 ____________________________ 591 750 ____________________________ Materials and Other Consumables 83 105 Other Expenses 20 26 ____________________________ 694 881 ____________________________ 6 ACADEMIC SUPPORT SERVICES LIBRARY and COMPUTER SERVICES Staff 277 351 Books and Periodicals 77 98 Materials and Other Consumables 6 7 Computer and Equipment Service Contracts 21 27 Computer Software 29 37 Consultancy Services Other Expenses 13 17 ____________________________ 423 537 ____________________________ Notes to the Financial Statements continued 7 PREMISES and FACILITIES Period ended Period ended 31-Aug-00 31-Aug-00 IR£’000s €,000 Staff 49 62 Minor Capital Works and Equipment 26 33 Maintenance Materials and Supplies 4 5 Cleaning Contract and Materials 23 29 Light, Heat and Power 25 32 Security Contractors and Services 76 97 Other Expenses 1 1 ____________________________ 204 259 ____________________________ 8 CENTRAL ADDMINISTRATION AND SERVICES Staff 197 250 Stationery and Printing 41 52 Postage and Telephone 26 33 Staff Recruitment and Selection 108 137 General Advertising 35 45 Insurance 12 15 Governing Body Expenses 2 3 Hospitality and Catering 16 20 Legal and Professional Fees 22 28 Course Development and Validation 11 14 Consultancy Services and Contractors 31 39 Staff Training and Development 18 23 Travel and Subsistence 17 22 Other Expenses 8 10 Audit Fees 11 14 ____________________________ 555 705 ____________________________ 9 SUMMARY OF EXPENDITURE Staff Costs 1113 1413 Materials and Services 812 1031 Depreciation 481 611 ____________________________ 2406 3055 ____________________________ 10 TAXATION The Institute of Technology, Blanchardstown is exempt from Corporation Tax.
74 ITB Financial Statements 1999–2000 ITB Financial Statements 1999–2000 75 Notes to the Financial Statements continued Notes to the Financial Statements continued 11 TANGIBLE FIXED ASSETS Furniture Land and Fixtures and Construction Buildings Equipment in Progress Total Total IR£’000s IR£’000s IR£’000s IR£’000s €,000 Cost 9 December 1999 4804 1339 1663 7806 9911 Additions 1185 145 555 1885 2394 ___________________________________________________________________________ 5989 1484 2218 9691 12305 ___________________________________________________________________________ Depreciation 9 December 1999 233 327 560 711 Charge for the year 240 241 481 611 ___________________________________________________________________________ 473 568 1041 1322 ___________________________________________________________________________ Book Value 9 December 1999 4571 1012 1663 7246 9200 ___________________________________________________________________________ Book Value 31 August 2000 5516 916 2218 8650 10983 ___________________________________________________________________________ 12 DEBTORS Period ended Period ended 31-Aug-00 31-Aug-00 IR£’000s €,000 Prepayments and Accrued Income 467 592 Other Debtors 22 28 ____________________________ 489 620 ____________________________ 13 CREDITORS AMOUNTS FALLING DUE WITHIN ONE YEAR 14 CAPTITAL ACCOUNT Period ended Period ended 31-Aug-00 31-Aug-00 IR£’000s €,000 Balance at 9 December 1999 7246 9200 CAPITAL GRANTS RECEIVABLE State Capital Grants 1885 2394 Allocated from State Recurrent Grant ____________________________ 9131 11594 ____________________________ RELEASE TO INCOME Amortisation in line with Asset Depreciation (481) (611) ____________________________ Balance 31 August 2000 8650 10983 ____________________________ 15 CAPITAL COMMITMENTS The Institute has agreed to purchase its site from Fingal County Council. IRL £3.5m is outstanding in respect of this purchase pending finalisation of title transfer. Other estimated capital commitments of IR£56,000 existed at 31 August 2000. 16 ESF STUDENT MAINTENANCE GRANTS Period ended Period ended 31-Aug-00 31-Aug-00 IR£’000s €,000 Opening Balance 9 December 1999 (2) (3) Receipts from the Department of Education and Science 41 52 Payments to Students (43) (54) ____________________________ Balance 31 August 2000 (4) (5) ____________________________ Capitation Fees Payable 56 71 Research and Development 20 26 Trade Creditors and Accruals 277 351 ____________________________ 353 448 ____________________________
Page 1 and 2: Annual Report 1999-2002 Blanchardst
Page 3 and 4: 2 Institute of Technology Blanchard
Page 5 and 6: 6 Institute of Technology Blanchard
Page 7 and 8: 10 Institute of Technology Blanchar
Page 25 and 26: 46 ITB Financial Statements 1998-19
Page 37: 70 ITB Financial Statements 1999-20

Directors' Report and Financial Statements Structures and Statistics ...

Create successful ePaper yourself

Delete template?

Save as template?