The Record 2006 - Keble College - University of Oxford
The Record 2006 - Keble College - University of Oxford
The Record 2006 - Keble College - University of Oxford
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Consolidated Income and Expenditure Account<br />
Year ended 31 July <strong>2006</strong><br />
<strong>The</strong> Life <strong>of</strong> the <strong>College</strong><br />
Unaudited<br />
<strong>2006</strong> 2005<br />
£’000s<br />
£’000s<br />
Income<br />
Academic fees and tuition income 2,299 2,141<br />
Research grants and contracts<br />
Other operating income 3,959 3,778<br />
Endowment return and interest receivable 590 552<br />
Total income 6,848 6,471<br />
Expenditure<br />
Staff costs 3,542 3,551<br />
Depreciation 856 597<br />
Other operating expenses 2,391 2,481<br />
Interest payable 3 5<br />
Contribution under Statute XV 7<br />
Total expenditure 6,800 6,634<br />
Surplus for the year on continuing operations before<br />
taxation and disposal <strong>of</strong> fixed assets 48 (163)<br />
Surplus on disposal <strong>of</strong> fixed assets 4,168<br />
Surplus for the year after taxation 48 4,005<br />
Consolidated statement <strong>of</strong> total recognized gains and losses<br />
Year ended 31 July <strong>2006</strong><br />
Unaudited<br />
<strong>2006</strong> 2005<br />
£’000s<br />
£’000s<br />
Reserves<br />
Surplus for the year 48 4,005<br />
Endowments<br />
Income receivable from endowment asset investments 196 189<br />
Endowment return transferred to income and expenditure account (573) (516)<br />
Appreciation (depreciation) <strong>of</strong> endowment asset investments 1,957 2,756<br />
New endowments received 397 378<br />
Other<br />
Net movement to deferred capital (125) (112)<br />
Total recognized gains relating to the year 1,899 6,701<br />
Opening reserves and endowments 45,350 38,649<br />
Closing reserves and endowments 47,249 45,350<br />
35
Change language