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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 ACCOUNTS - continued8 Other Operating expenses by Activity Year Ended Year Ended31 July 20<strong>12</strong> 31 July 20<strong>11</strong>£000 £000Teaching departments 2,162 1,913Contracted-out lecturing services 10 22Research grants & contracts 829 1,<strong>11</strong>4Teaching support services 300 287Other support services 480 487Administration <strong>and</strong> central services 681 792General education 32 33Premises costs 719 586Utilities 490 584Planned maintenance 488 321Other income generating activities <strong>11</strong>6 140Catering <strong>and</strong> residence operations 805 588Other expenses 248 1647,360 7,031Other Operating expenses include: Year Ended Year Ended31 July 20<strong>12</strong> 31 July 20<strong>11</strong>£000 £000Auditors' remunerationexternal audit 18 18external audit other services 1 1internal audit 14 14internal audit other services 4 49 Interest Payable Year Ended Year Ended31 July 20<strong>12</strong> 31 July 20<strong>11</strong>£000 £000Mortgages <strong>and</strong> loans not repayable within five years 86 90Net return on pension liability (33) 5753 14710 TaxationThe Board do not believe the <strong>School</strong> was liable for any Corporation Tax arising out <strong>of</strong> its activities during this period (2010/<strong>11</strong> Nil)29

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