20b) Creditors: amounts falling due after more than one year


Group 2011 £000


Grants payable – research grants Life chairs and fellowships


52,584 6,311


58,895 21. Provisions for liabilities and charges


Properties £000


At 1 April 2010 Charged to the SOFA Used during the year


At 31 March 2011


7,470 749


(3,370) 4,849


Research £000


385 109


(144) 350


Other £000


698 212


(172) 738


Group £000


8,553 1,070


(3,686) 5,937


Charity £000


8,250 1,070


(3,636) 5,684


The properties provision relates primarily to London offices which the Group vacated in autumn 2010 as part of a planned relocation to a new building in Islington and comprises:


• net rental costs of vacant offices and shops until they are reasonably expected to be sublet or otherwise disposed of; • dilapidation costs of offices and shops where the planned exit from the property has been confirmed before the year-end date; and


• obsolete fixtures, fittings and equipment which will be written off once the buildings have been vacated.


The research and other provisions relate to costs arising from operational changes and insurance for third party claims against the Group. 22. Provision for pension liability


Group and Charity £000


At 1 April 2010


Current service cost charged to the SOFA Other finance costs charged to the SOFA Actuarial gains in the year Employer contributions paid


At 31 March 2011


36,480 8,892 1,408


(13,657) (17,600)


15,523


Group 2010 £000


37,429 15,041


52,470


Charity 2011 £000


52,584 5,766


58,350


Charity 2010 £000


37,429 14,641


52,070


Annual Report and Accounts / Notes to the Accounts / 47


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