Class 2 - What we spend and how we spend it
Introduction
This class covers information on the College’s strategy for and management of financial resources and includes financial information relating to projected and actual income and expenditure, procurement, contracts and financial audit. The Finance Division provides accounting, procurement and contracting services, helping to make best use of resources and fulfilling statutory responsibilities. Information that may damage the College’s commercial interests will be excluded from publication. The Finance website holds much of the relevant information about this class - click here for the College's main Finance website.
Information block
Table of resources
| Information | Format and Charge |
|---|---|
| Funding/ Income - Information on the sources of funding and income such as Funding Council grants, tuition fees, endowment, rents and investment income (including investment strategy) |
Research Councils [External Link – Research Councils UK] RAE Breakdown - [Online] Investment Strategy - College Fund Board [Online] Higher Education Funding Council for England [External Link - HEFCE] Funding / income information relating to Funding Council grants, tuition fees etc is available in the Annual Report and Accounts [Online] |
|
Budgets and accounts Financial Statements |
Financial Statements and Annual Report and Accounts (Free to download). The information given within this class is at a College level. The College’s financial year runs from August 1st till July 31st and the Annual Accounts are usually available in February the year following [Online] |
| Capital Programme - plans for major capital expenditure | The College's capital programme can be found in the papers of Council meetings [Online] (Free) |
| Financial Regulations and procedures | Financial Regulations [Online] (Free) |
| Insurance | College Insurance [Online] (Free) |
| Staff pay and grading structures |
Staff Pay [Online] (Free) Remuneration information for higher paid staff is provided in the Annual Report and Accounts [online]. [Online] - Staff Pensions |
| Register of Suppliers | [online] free |
| Procurement and tender procedures and reports | [Online] (Free) |
| Contracts (that have gone through a formal tendering process) | |
| Research Funding (information about government, research councils, European, international and industrial funding for research together with information about the management of research accounts.) | Available in the Annual Report and Accounts [Online] |