Financial Statements 2019/2020


MIDDLESEX UNIVERSITY – CONSOLIDATED AND UNIVERSITY STATEMENT OF COMPREHENSIVE INCOME AND EXPENDITURE


Year Ended 31 July 2020


Year Ended 31 July 2020 Notes


Income Tuition fees and education contracts Funding body grants


Research grants and contracts Other income


Investment income


Total income before endowments and donations


Donations and endowments Total income


Expenditure Staff costs


Other operating expenses Depreciation


Interest and other finance costs Total expenditure


(Deficit)/surplus before other gains/losses


(Deficit)/surplus before tax Taxation


(Deficit)/surplus for the year


Other comprehensive income/(expense) Actuarial loss in respect of LGPS pension scheme


Foreign exchange translation loss on foreign currency net investment in subsidiaries


Total comprehensive expense for the year 8


3 4 5 6 7


Consolidated £’000


162,651 18,092 3,355


28,479 704


213,281 185 213,466


University £’000


154,433 18,092 3,123


25,485 694


201,827 185 202,012


Year Ended 31 July 2019


Consolidated £’000


157,608 17,775 4,529


31,632 411


211,955 220 212,175


University £’000


148,535 17,775 4,159


28,951 395


199,815 220 200,035


9


10 14 11


12a


121,475 75,320 13,035 6,994


216,824 (3,358) 13


(3,358) (74)


(3,432)


111,492 73,839 12,953 7,021


205,305 (3,293)


(3,293) –


(3,293)


119,245 68,687 11,601 6,811


206,344 5,831


5,831 (65)


5,766


109,228 67,577 11,512 6,779


195,096 4,939


4,939 –


4,939


31


(44,892) (168)


(48,492)


(44,892) –


(48,185)


(20,902) (16)


(15,152)


(20,902) –


(15,963)


82


Middlesex University


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