What we spend and how we spend it

Extensive financial information is contained in our Annual Accounts which are published each year. The Annual Accounts are available to download.

The Annual Accounts include the following:

Vice-Chancellor’s Report
Treasurer’s Report
Corporate Governance
Responsibilities of the Council
Report of the Auditor
Statement of Principal Accounting Policies and Estimation Techniques
Consolidated Income and Expenditure Account
Balance Sheets
Consolidated Cash Flow Statement
Consolidated Statement of Total Recognised Gains and Losses
Notes to the Accounts
Five-Year Summary Accounts
Financial Statistics

Funding and income

Information about sources of funding and income is set out in the Annual Accounts.
Value for money statement – University finances and undergraduate student fees

Investment Strategy

Our investment strategy is determined by the Investment Sub-Committee and a summary of the investment strategy is included within the Annual Accounts.

Expenditure

Information regarding contracts over £25,000 can be found on the Government website here: Contracts Finder.

Audit

Information about the Audit Committee including its terms of reference and membership
We also have information about the internal audit process
The independent auditor’s report is contained in the Annual Accounts.

Financial governance

Key financial governance policies:

Salaries for senior staff

Information about the emoluments of the Vice-Chancellor and senior staff is included in the Annual Accounts.

Procurement and tender procedures and reports

Information about procurement
We also have information about the University’s tendering process, including a list of tenders/contracts/quotations and information on contracts that have already been awarded.

Research funding

Information about our research funding
You can also view information about the University's research here.