FOR THE YEAR ENDED 31 JULY 2019 Strategic Review 2018/19 About the University page 1 An Excellent Education and Experience page 2 Leading Research and Academic Enterprise page 5 A Community of Great People page 6 Sustainable Resources page 7 Financial Performance 2018/19 page 9 Public Benefit Statement page 11 Corporate Governance Statement page 15 Annual Report on Senior Staff Remuneration page 24 Responsibilities of the Board of Governors page 27 Independent Auditors Report page 28 Financial Statements Consolidated Statement of Comprehensive Income & Expenditure page 31 Consolidated Statement of Changes in Reserves page 32 Consolidated Balance Sheet page 33 Consolidated Cash Flow Statement page 34 Statement of Principal Accounting Policies page 35 Notes to the Financial Statements page 42 Please address all enquiries to: Leeds Beckett University City Campus Leeds, LS1 3HE
[email protected] 0113 8120000 www.leedsbeckett.ac.uk About the University 1. We are a modern, professional University, based in the vibrant city of Leeds. With a 190-year history of education, which began with the founding of the Leeds Mechanics Institute in 1824, we are proud of our history and ambitious for our future. Our vision is to be an excellent, accessible, globally engaged University contributing positively to a thriving Northern economy. 2. Our aspiration is to create great graduates, exceptional employees, dynamic citizens and enterprising leaders. We work closely with employers and partners to ensure that our graduates are ready for work, ready for life, and ready to seize the opportunities that lie ahead. 3. We have a diverse community of almost 24,0001 students studying our programmes, of which 17,900 are in full-time study and 5,700 are pursing flexible part-time study.