Annual Accounts 2017-18 Annual Accounts 2017-18 Scottish Charity Number: SCO21203 Pittsburgh Road, Dunfermline, Fife, Scotland, KY11 8DY t: 0344 248 0115 e:
[email protected] f: 0344 248 0116 w: www.fife.ac.uk Principal and Chief Executive: Hugh Hall Contents Performance Report Performance Overview 1. Principal and Chief Executive’s Statement on Performance 1 2. Legal Status 2 3. Vision and Values 2 4. Objectives and Strategies 3 5. Key Risks and Issues Affecting Fife College 3 6. Performance Summary and Overview 6 7. Financial Review Summary 7 8. Treasury Management 9 Performance Analysis 9. Supplier Payment 9 10. Review of Resource Outturn for year ended 31 March 2018 9 11. Social Matters 10 12. Anti-Corruption and Bribery Matters 10 13. Environmental Matters 10 14. Post Balance Sheet Events 11 Accountability Report Corporate Governance Report 15. Director's Report 13 16. Statement of Board of Governor’s Responsibilities 17 17. Governance Statement 19 Remuneration and Staff Report 18. Remuneration Report 25 19. Staff Report 28 20. Staff Numbers & Costs 28 21. Sickness Absence Data 28 22. Policies in relation to Disabled Persons 29 23. Health and Safety 30 24. Employment Issues 31 25. Trade Unions 31 26. Marketing 32 27. Community Relations 32 28. Expenditure on Consultancy 33 Parliamentary Accountability Report 29. Fees and Charges 33 Independent Auditor’s Report 30. Independent Auditor’s Report 34 Annual Accounts 31. Financial Statements 37 32. Appendix 1 – Direction from Scottish Ministers 55 The Accountable Officer authorised these financial statements for issue on: Performance Report Performance Overview The performance report provides an overview of Fife College’s performance within the academic year to 31 July 2018 covering performance analysis, financial review for the year, key risks affecting the College and social matters.