Middlesex University


MIDDLESEX UNIVERSITY – CONSOLIDATED AND UNIVERSITY STATEMENT OF COMPREHENSIVE INCOME


Year ended 31 July 2021


Year ended 31 July 2021 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 before other gains/(losses)


Deficit before tax Taxation


Deficit for the year Other comprehensive income/(expense)


Actuarial gain/(loss) in respect of LGPS pension scheme


Foreign exchange translation loss on foreign currency net investment in subsidiaries


Total comprehensive income/(expense) for the year


31 9,859 (150) 6,708 9,859 – 7,081 (44,892) (168) (48,492) (44,892) – (48,185) 8


3 4 5 6 7


Consolidated £’000


159,688 19,383 4,845


21,723 104


205,743 8 205,751


University £’000


150,819 19,383 3,417


20,151 101


193,871 8 193,879


Year ended 31 July 2020


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


9


10 14 11


12a


122,237 66,917 13,189 6,298


208,641 (2,890) 13


(2,890) (111)


(3,001)


112,817 64,368 13,122 6,350


196,657 (2,778)


(2,778) –


(2,778)


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


216,824 (3,358)


(3,358) (74)


(3,432)


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


205,305 (3,293)


(3,293) –


(3,293)


98


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