Annual Accounts 2010 - University of Abertay Dundee

Balance sheetsat 31 July 2011University of Abertay DundeeAnnual report and financial statements31 July 2011Note Group2011University2011Group2010University2010£000 £000 £000 £000Fixed assetsTangible assets 10 34,093 34,093 30,618 30,617Investments 11 25 25 25 2534,118 34,118 30,643 30,642Endowment asset investments 12 1,006 1,006 995 995Current assetsStocks and work in progress 13 23 23 28 28Debtors 14 1,492 1,517 3,062 3,090Investments 11 6,145 6,145 5,324 5,324Term deposits 432 432 49 49Cash at bank and in hand 6,008 5,983 6,058 6,03114,100 14,100 14,521 14,522Creditors: amounts falling due within one year 15 (7,731) (7,731) (9,662) (9,662)Net current assets 6,369 6,369 4,859 4,860Total assets less current liabilities 41,493 41,493 36,497 36,497Creditors: amounts falling due after more thanone year 16 (1,950) (1,950) (2,100) (2,100)Provisions for liabilities and charges 17 (2,548) (2,548) (2,603) (2,603)Net assets 36,995 36,995 31,794 31,794Represented by:Deferred capital grants 18 16,907 16,907 15,062 15,062EndowmentsRestricted 19 1,006 1,006 995 995Funds and reservesIncome and Expenditure reserve 20 15,370 15,370 11,918 11,918Capital Revaluation reserve 20 3,712 3,712 3,819 3,81919,082 19,082 15,737 15,737Total funds 36,995 36,995 31,794 31,794These financial statements on pages 13 to 36 were approved by Court on 16 December 2011 and were signedon its behalf by:Professor Nicholas TerryActing Principal & Vice-ChancellorMr Nigel HawkinsChairman, University CourtMrs Wendy GrantHead of Finance19