Financial Statements 2017/18


Consolidated and University Balance Sheet Year ended 31 July 2018


Restated As at 31 July 2018 Notes


Non-current assets Fixed assets Investments


Current assets Stock


Trade and other receivables Investments


Cash and cash equivalents


14 15


Consolidated £’000


214,076 36


214,112


16 17 18 23


12


22,793 7,500


79,734 110,039 Less: Creditors: amounts falling due within one year Net current assets Total assets less current liabilities


Creditors: amounts falling due after more than one year


Provisions Pension provisions Other provisions


Total net assets Restricted Reserves


Income and expenditure reserve – endowment reserve


Unrestricted Reserves Income and expenditure reserve – unrestricted Revaluation reserve


Non controlling interest Total Reserves


22 546


76,885 19,786 97,217 (47)


97,170 546


74,473 19,786 94,805 –


94,805 568


53,478 19,847 73,893 (36)


73,857 568


51,932 19,847 72,347 –


72,347


The consolidated and University balance sheet for the year ended 31 July 2017 has been restated to reflect the changes detailed in note 35b.


The financial statements were approved and authorsied for issue by the University Board of Governors on 26 November 2018 and were signed on its behalf on that date by:


20 19 (52,005) 58,034 272,146 (83,638)


University £’000


213,952 61


214,013 12


21,976 7,500


74,972 104,460 (48,802) 55,658 269,671 (83,528) As at 31 July 2017


Consolidated £’000


219,877 36


219,913 7


20,318 30,000 42,106 92,431


(46,453) 45,978 265,891 (88,367)


University £’000


219,655 61


219,716 7


20,463 30,000 37,021 87,491


(43,741) 43,750 263,466 (87,452)


21 21


(89,228) (2,110)


97,170


(89,228) (2,110)


94,805


(100,882) (2,785)


73,857


(100,882) (2,785)


72,347


Geraldine Proudler Chair of the Board of Governors


Middlesex University


Professor Tim Blackman Vice-Chancellor


James Kennedy Chief Financial Officer


63


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98