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