2006 Annual Report - University of Salford

Notes to the Accounts
Annual Report &
Financial Statements
Consolidated Balance Sheet 2005 Original FRS17 2005 Restated
Accounts Restatement Accounts
£’000 £’000 £’000
Fixed Assets 132,177 - 132,177
Endowments 817 - 817
Net Current Assets 274 - 274
Creditors: Amounts Falling Due After More
Than One Year (22,953) - (22,953)
Provisions for Liabilities and Charges (11,029) 9,040 (1,989)
Net Assets Excluding Pension Deficit 99,286 9,040 108,326
Pension Deficit - (25,415) (25,415)
Net Assets Including Pension Deficit 99,286 (16,375) 82,911
Deferred Capital Grants 28,603 - 28,603
Specific Endowments 817 - 817
Revaluation Reserve 38,164 - 38,164
Income and Expenditure Reserve 31,702 9,040 40,742
Pension Reserve - (25,415) (25,415)
Total Funds 99,286 (16,375) 82,911
University Balance Sheet 2005 Original FRS17 2005 Restated
Accounts Restatement Accounts
£’000 £’000 £’000
Fixed Assets 132,070 - 132,070
Endowments 817 - 817
Net Current Liabilities (455) - (455)
Creditors: Amounts Falling Due After More
Than One Year (22,828) - (22,828)
Provisions for Liabilities and Charges (11,029) 9,040 (1,989)
Net Assets Excluding Pension Deficit 98,575 9,040 107,615
Pension Deficit - (25,415) (25,415)
Net Assets Including Pension Deficit 98,575 (16,375) 82,200
Deferred Capital Grants 28,603 - 28,603
Specific Endowments 817 - 817
Revaluation Reserve 38,164 - 38,164
Income and Expenditure Reserve 30,991 9,040 40,031
Pension Reserve - (25,415) (25,415)
Total Funds 98,575 (16,375) 82,200
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