QMU Strategic Report and Financial Statements 2022 - Balance sheets as at 31.July 2022
Balance sheets as at 31.July 2022
| Note | Consolidated | University | |||
|---|---|---|---|---|---|
| 2022 | Restated 2021 | 2022 | Restated 2022 | ||
| £000 | £000 | £000 | £000 | ||
| NON-CURRENT ASSETS | |||||
|
Intangible assets |
11 | 529 | - | 529 | - |
|
Tangible assets |
12 | 133,563 | 123,629 | 133,569 | 123,629 |
|
Investments |
13 | - | - | - | - |
| 134,092 | 123,629 | 134,092 | 123,629 | ||
|
CURRENT ASSETS |
|||||
|
Trade and other receivables |
14 | 1,722 | 1,755 | 2,007 | 1,783 |
| Cash at bank and in hand | 15,244 | 15,607 | 14,670 | 15,380 | |
| 16,996 | 17,362 | 16,677 | 17,163 | ||
|
CREDITORS: amounts falling due within one year |
15 | (9,934) | (10,423) | (9,645) | (10,224) |
|
NET CURRENT ASSETS / (LIABILITIES) |
7,032 | 6,939 | 7,032 | 6,929 | |
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
141,124 | 130,568 | 141,124 | 130,568 | |
|
CREDITORS : amounts falling due after more than one year |
16 | (25,296) | (32,455) | (25,296) | (32,455) |
|
PROVISIONS FOR LIABILITIES AND CHARGES |
17 | (3,915) | (24,413) | (3,915) | (24,413) |
|
NET ASSETS |
111,913 | 73,700 | 111,913 | 73,700 | |
|
RESTRICTED RESERVES Income & expenditure reserve – endowment reserve |
18 | 1,219 | 1,048 | 1,219 | 1,048 |
|
UNRESTRICTED RESERVES Income & expenditure reserve – unrestricted Revaluation reserve |
19 | 29,803 | 6,217 | 29,803 | 6,217 |
| TOTAL RESERVES | 111,913 | 73,700 | 111,913 | 73,700 | |
Queen Margaret University, Edinburgh
Company registered in Scotland no. SC007335
The financial statements on pages 20 to 43 were approved by the University Court on 30 November 2022 and signed on its behalf by:
Chair - Pamela Woodburn
Chair Principal and Vice-Chancellor - Sir Paul Grice
