Financial Statements to 31 July 2008 - Perth College - UHI ...

Perth College
Operating and Financial Review
Nature, Objectives and Strategies
The members present their report and the audited financial statements for the year ended
31 July 2008.
Legal Status
The Board of Management was established under the Further and Higher Education
(Scotland) Act 1992 for the purposes of managing and conducting Perth College.
The College is registered as a charity with the Inland Revenue (Registered Charity Number
- SC021209) and is not liable to corporation tax.
Our Vision for the Future
In June 2007, the Board of Management adopted a 10 year strategy and vision for Perth
College. Our vision is as follows:
• We will be internationally recognised and known for our ambition and
achievements.
• We will be acknowledged for our inspirational staff and our highly successful
learners, who move on to become associated with the best organisations.
• We will teach at all levels and across the widest range of learners.
• We will support our teaching by carrying out international quality research in
specialist subject areas.
• Our staff will be leaders in innovative learning, expertly using new technology to
develop the workforce of the future.
• We will create pride in our environment, and prepare for, anticipate and exceed the
needs of all our learners.
Implementation of Strategic Plan
In June 2007 the College adopted its strategic plan for the period of 10 years, 2007-2016.
This plan is built on 5 underlying strategies:
• Curriculum;
• Communications and Business Development;
• Human Resources and Organisational Development;
• Resources;
• Financial and Management Information.
Each underlying strategy articulates several aims with specific, aspirational targets to be
achieved by July 2010.
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