2
44
6
8
10
UNAWARE OF PG WELCOME FORTNIGHT 2015 2016 2017
37% 39%
62%
AWARE - DID NOT ATTEND ANY EVENTS 2015 2016 2017
20%
33% 30%
ATTENDED PG WELCOME FORTNIGHT EVENTS 2015 2016 2017
18%
30% 30%
26
33
40 40
Unrestricted
UNRESTRICTED
GENERAL FUNDS (£)
DESIGNATED FUNDS (£)
2018 TOTAL (£)
2017 TOTAL (£)
DONATIONS AND LEGACIES
610,316
-
610,316
596,216
OTHER TRADING ACTIVITIES
65,001
-
65,001
53,080
4,796
-
4,796
4,801
215,127
14,259
229,386
264,139
895,240
14,259
909,499
918,236
13,710
-
13,710
15,937
CHARITABLE ACTIVITIES
881,137
9,832
890,969
879,048
TOTAL EXPENDITURE
894,847
9,832
904,679
894,985
393
4,427
4,820
23,251
432,222
-
432,222
408,971
432,615
4,427
437,042
432,222
INCOME: INCOME:
INVESTMENTS CHARITABLE ACTIVITIES
TOTAL INCOME AND ENDOWMENTS
EXPENDITURE: EXPENDITURE: RAISING FUNDS
NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: TOTAL FUNDS BROUGHT FORWARD AT 1ST JULY 2017
TOTAL FUNDS CARRIED FORWARD AT 30TH JUNE 2018
GUSRC recorded a surplus this year of £4,820 (2017 – £23,251). Our main source of income continues to be University grant funding. In the year to 30th June 2018 a block grant of £61O, 316 was received, a 2% uplift on funds received in 2017. This represents 67% of total income (2017- 65%). An additional £27,000 is included under this heading representing the University’s notional building rental charge. Reserves at 30th June 2018 stand at £437,042 (2017 - £432,222). It is the policy of the organisation to maintain free reserves at a level sufficient to maintain current services and activities for a 6 month period and meet all contractual liabilities in the event of a sudden and severe reduction in revenue.
42 POSTWORD & FINANCE 42
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