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Annual Report and Accounts 11/12 - Glasgow School of Art

Annual Report and Accounts 11/12 - Glasgow School of Art

Annual Report and Accounts 11/12 - Glasgow School of Art

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NOTES TO ACCOUNTS1 Funding Council Grants Notes Year Ended Year Ended31 July 20<strong>12</strong> 31 July 20<strong>11</strong>£000 £000SFC recurrent teaching grant 7,109 7,535SFC research grant 1,590 1,631Small specialist institution grant 5<strong>11</strong> 5<strong>11</strong>Other SFC grants 784 726Deferred capital grant released in yearBuildings 17 421 484Equipment 17 96 <strong>12</strong><strong>11</strong>0,5<strong>11</strong> <strong>11</strong>,0082 Tuition Fees <strong>and</strong> Education Contracts Year Ended Year Ended31 July 20<strong>12</strong> 31 July 20<strong>11</strong>£000 £000UK higher education students 2,900 2,498European Union (EU) (excluding UK) students - 243Non EU students 3,466 3,102Other contracts 437 4636,803 6,3063 Research Grants <strong>and</strong> Contracts Year Ended Year Ended31 July 20<strong>12</strong> 31 July 20<strong>11</strong>£000 £000Research councils 362 391UK Charities 15 46UK governmental contracts 615 273Other grants <strong>and</strong> contracts 456 479UK industrial <strong>and</strong> commercial contracts 1,177 1,2622,625 2,4514 Other Income Notes Year Ended Year Ended31 July 20<strong>12</strong> 31 July 20<strong>11</strong>£000 £000Residences 820 776Release from deferred grants ( Non SFC) 17 478 451Other income generating activities 356 306Other income 1,436 1,0803,090 2,6135 Endowment <strong>and</strong> Investment Income Year Ended Year Ended31 July 20<strong>12</strong> 31 July 20<strong>11</strong>£000 £000Income from specific endowments 18 199 152Income from general endowments 18 5 6Bank interest 70 8274 16626

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