Annual Accounts 2011 - University of Abertay Dundee

Balance sheets
at 31 July 2012
University of Abertay Dundee
Annual report and financial statements
31 July 2012
Note Group
2012
University
2012
Group
2011
University
2011
£000 £000 £000 £000
Fixed assets
Tangible assets 10 33,046 33,046 34,093 34,093
Investments 11 25 25 25 25
33,071 33,071 34,118 34,118
Endowment assets 12 996 996 1,006 1,006
Current assets
Stocks and work in progress 13 31 31 23 23
Debtors 14 2,900 2,900 1,492 1,517
Investments 11 6,695 6,695 6,145 6,145
Term deposits 72 72 432 432
Cash at bank and in hand 8,223 8,223 6,008 5,983
17,921 17,921 14,100 14,100
Creditors: amounts falling due within one year 15 (9,388) (9,388) (7,731) (7,731)
Net current assets 8,533 8,533 6,369 6,369
Total assets less current liabilities 42,600 42,600 41,493 41,493
Creditors: amounts falling due after more than
one year 16 (1,800) (1,800) (1,950) (1,950)
Provisions for liabilities 17 (2,515) (2,515) (2,548) (2,548)
Net assets 38,285 38,285 36,995 36,995
Represented by:
Deferred capital grants 18 16,342 16,342 16,907 16,907
Endowments
Restricted 19 996 996 1,006 1,006
Funds and reserves
Income and Expenditure reserve 20 17,342 17,342 15,370 15,370
Capital Revaluation reserve 20 3,605 3,605 3,712 3,712
20,947 20,947 19,082 19,082
Total funds 38,285 38,285 36,995 36,995
These financial statements on pages 14 to 37 were approved by Court on 14 December 2012 and were signed on
its behalf by:
Professor Nigel Seaton
Principal & Vice-Chancellor
Mr Nigel Hawkins
Chairman, University Court
Mrs Wendy Grant
Head of Finance
20