51ÂÒÂ×»»ÆÞ

Balance sheets as at 31st July 2023

Ìý

Ìý

Ìý Ìý Consolidated University
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Note

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2023

(Restated)

2022

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2023

(Restated)

2022

Ìý Ìý £000 £000 £000 £000
Non-current Assets Ìý Ìý Ìý Ìý Ìý
Intangible assets 11 664 529 664 529
Tangible assets 12 136,641 133,563 136,641 133,563
Investments Ìý - - - -
Defined Benefit Pension Asset 17 24,147 8,571 24,147 8,571
Ìý Ìý 161,452 142,663 161,452 142,663
Ìý Ìý Ìý Ìý Ìý Ìý
Ìý Ìý Ìý Ìý Ìý Ìý
Current assets Ìý Ìý Ìý Ìý Ìý
Trade and other receivables 14 2,703 1,722 3,163 2,007
Cash at bank and in hand Ìý 17,450 15,244 16,606 14,670
Totalling: Ìý 20,153 16,966 19,770 16,677
Ìý Ìý Ìý Ìý Ìý Ìý
Creditors: amounts falling due within one year 15 (10,195) (9,934) (9,812) (9,645)
Ìý Ìý Ìý Ìý Ìý Ìý
Net current assets / (liabilities) Ìý 9,958 7,032 9,958 7,032
Ìý Ìý Ìý Ìý Ìý Ìý
Total assets less current liabilities Ìý 171,410 149,695 171,140 149,695
Creditors: amounts falling due after more than one year 16 (23,139) (25,296) (23,139) (25,296)
Provisions for liabilities and charges 17 (4,163) (3,915) (4,163) (3,915)
Ìý Ìý Ìý Ìý Ìý Ìý
Net Assets Ìý 144,108 120,484 144,108 120,484
Ìý Ìý Ìý Ìý Ìý Ìý
Restricted Reserves Ìý Ìý Ìý Ìý Ìý
Income & expenditure reserve - endowment reserve 18 1,152 1,219 1,152 1,219
Ìý Ìý Ìý Ìý Ìý Ìý
Unrestricted Reserves Ìý Ìý Ìý Ìý Ìý
Income & expenditure reserve - unrestricted Ìý 54,058 38,374 54,058 38,374
Revaluation reserve 19 88,898 80,891 88,898 80,891
Ìý Ìý Ìý Ìý Ìý Ìý
Total Reserves Ìý 144,108 120,484 144,108 120,484

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Queen Margaret University, Edinburgh

Company registered in Scotland no. SC007335

The financial statements on pages 26 to 54 were approved by the University Court on 13th December 2023 and signed on its behalf by:

Chair - Pamela Woodburn

Chair Principal and Vice-Chancellor - Sir Paul Grice