UCU: FE college accounts data 2010-11 University and College Union FE college accounts data 2010-11 These data are for the 2010-11 financial year, from 1 August 2010 to 31 July 2011, based on data from 253 out of 347 colleges (73%). Assets and liabilities are a snapshot of the financial situation at 31 July 2011. Source: http://skillsfundingagency.bis.gov.uk/providers/finance/financialmanagement/financialmanagement/collegeaccounts/ ; column 4 calculated by UCU. Columns in the table 1 Total income 2 Staff costs 3 Total expenditure 4 Staff costs as a % of total expenditure 5 Operating surplus/(deficit): this is total income (COL 1) minus total expenditure (COL 3). Deficit is shown by a bracket (). This is before accounting for taxation and exceptional items, such as buying and selling property. 6 Operating surplus/(deficit) as % of total income: this is COL 5 as a % of COL 1; deficit shown by a “-“ sign. 7 Staff restructuring: this is expenditure on staff restructuring, which will include redundancy pay 8 Cash and short-term investments: these are part of the college’s current assets, and are the most ‘liquifiable’ part, and exclude cash and investments with a restricted use 9 Total current assets: these include stocks and stores; debtors; cash and short-term investments 10 Total current liabilities: this is money owed by the college which needs to be paid in the 12 months from 1 August 2010 11 Net current assets/(liabilities): this is total current assets (COL 9) minus total current liabilities (COL 10) 12 Ratio of current assets to liabilities: this is total current assets divided by total current liabilities; a figure of more than 1.0:1 means that the college had more current assets (COL 9) than liabilities (COL 10). So, for example, Askham Bryan College had a current ratio of 1.37:1, which meant it had £1.37 of current assets to every £1.00 of current liabilities 13 Total borrowing as a percentage of income: this is loans from the bank and other lenders as a % of total income (COL 1). For FE colleges in England as a whole at 31.7.11, the figure was 22.1%, so FE college borrowings were 22.1% of their total income. 1 UCU: FE college accounts data 2010-11 COL 6 COL 5 Surplus/ Operating (deficit) on surplus/ continuing deficit COL 8 COL 11 COL 12 operations after (shown Cash and COL 9 COL 10 Net Ratio of COL 4 depreciation and with a short term Total Total current current COL 13 Total COL1 COL 2 Staff costs before minus investments current current assets / assets to borrowing as a Total Staff COL 3 Total as % total exceptional sign) as % COL 7 Staff (unrestricted) assets @ liabilities (liabilities) liabilities percentage of income costs expenditure expenditur items and tax of total restructuring @ 31.7.11 31.7.11 @ 31.7.11 @ 31.7.11 (:1) @ income FE college accounts data 2010-11 '£000 £000 £000 e % £000 income £000 £000 £000 £000 £000 31.7.11 2010-11 Askham Bryan College 16,520 7,204 15,898 45.3% 622 3.8% 246 2,584 4,129 3,016 1,113 1.37 30.6% Berkshire College of Agriculture (The) 9,668 5,273 9,656 54.6% 12 0.1% 110 939 1,234 1,007 227 1.23 44.9% Bicton College 9,296 5,331 9,217 57.8% 79 0.8% (28) 452 1,345 1,031 314 1.30 36.6% Bishop Burton College 20,382 8,682 18,639 46.6% 1,743 8.6% 32 2,768 4,195 2,359 1,836 1.78 37.4% Brooksby Melton College 11,135 5,979 11,001 54.3% 134 1.2% 17 562 1,342 1,746 (404) 0.77 0.3% Capel Manor College 10,048 6,068 9,802 61.9% 246 2.4% 0 2,701 3,106 1,028 2,078 3.02 0.0% Easton College 12,544 6,621 12,066 54.9% 478 3.8% 0 284 7,322 2,015 5,307 3.63 35.2% Hadlow College 14,923 8,893 14,900 59.7% 23 0.2% 91 1,959 4,693 2,653 2,040 1.77 33.9% Hartpury College 25,667 11,383 25,052 45.4% 615 2.4% 79 1,253 3,148 6,526 (3,378) 0.48 67.8% Kingston Maurward College 10,448 5,668 10,447 54.3% 1 0.0% 36 652 1,297 1,173 124 1.11 21.0% Moulton College 28,713 15,038 27,313 55.1% 1,400 4.9% 0 2,528 4,604 3,870 734 1.19 30.6% Myerscough College 25,945 14,878 25,647 58.0% 298 1.1% 0 3,601 5,097 3,476 1,621 1.47 14.5% Otley College of Agriculture and Horticulture 12,524 7,019 11,859 59.2% 665 5.3% 85 2,770 3,207 1,304 1,903 2.46 18.1% Plumpton College 14,738 6,960 14,201 49.0% 537 3.6% 0 1,127 2,465 2,129 336 1.16 29.9% Reaseheath College 24,215 12,354 22,893 54.0% 1,322 5.5% 16 2,737 5,125 1,904 3,221 2.69 30.2% Sparsholt College, Hampshire 32,292 17,529 32,907 53.3% (615) -1.9% 300 5,861 7,607 6,417 1,190 1.19 21.7% Totals for Agricultural and Horticultural Colleges 279,058 144,880 271,498 53.4% 7,560 2.7% 984 32,778 59,916 41,654 18,262 1.44 29.7% Cleveland College of Art and Design 7,814 4,529 7,791 58.1% 23 0.3% 28 1,040 1,216 477 739 2.55 19.0% Herefordshire College of Arts 5,969 3,531 5,459 64.7% 510 8.5% 96 2,942 3,210 869 2,341 3.69 0.0% Plymouth College of Art 9,940 5,634 9,744 57.8% 196 2.0% 94 1,184 1,450 1,336 114 1.09 22.2% Totals for Art, Design & Performing Arts Colleges 23,723 13,694 22,994 59.6% 729 3.1% 218 5,166 5,876 2,682 3,194 2.19 15.5% City Literary Institute (The) 16,812 12,012 16,494 72.8% 318 1.9% 0 3,411 3,877 3,091 786 1.25 0.0% Fircroft College of Adult Education 1,820 1,022 1,760 58.1% 60 3.3% 0 825 997 538 459 1.85 0.0% Hillcroft College 2,602 1,222 2,609 46.8% (7) -0.3% 0 282 357 328 29 1.09 0.0% Mary Ward Centre (The) 3,314 2,279 3,370 67.6% (56) -1.7% 0 2,003 2,223 792 1,431 2.81 66.2% Morley College 8,406 6,063 8,410 72.1% (4) 0.0% 95 2,697 2,728 982 1,746 2.78 0.0% Northern College For Residential Adult Education 5,484 3,005 5,075 59.2% 409 7.5% 82 1,354 1,817 733 1,084 2.48 0.0% Ruskin College 4,512 3,253 4,821 67.5% (309) -6.8% 175 387 6,115 775 5,340 7.89 23.3% Workers' Educational Association 30,087 20,525 30,020 68.4% 67 0.2% 980 7,789 8,765 3,770 4,995 2.32 0.0% Working Men's College (The) 4,733 2,783 4,669 59.6% 64 1.4% 72 1,391 1,738 505 1,233 3.44 29.9% Totals for Special Designated Colleges 77,770 52,164 77,228 67.5% 542 0.7% 1,404 20,139 28,617 11,514 17,103 2.49 6.0% Abingdon and Witney College 18,757 11,045 17,872 61.8% 885 4.7% 292 2,730 3,271 2,926 345 1.12 6.8% Amersham and Wycombe College 15,648 11,063 16,463 67.2% (815) -5.2% 742 2,596 2,979 2,884 95 1.03 0.0% Aylesbury College 12,050 7,306 11,774 62.1% 276 2.3% 0 2,052 2,523 1,937 586 1.30 52.7% Barking and Dagenham College 29,485 17,681 28,118 62.9% 1,367 4.6% 742 6,781 7,584 3,446 4,138 2.20 0.0% Barnet College 34,494 18,939 34,059 55.6% 435 1.3% 1,069 5,990 6,719 4,752 1,967 1.41 65.7% Barnfield College 27,284 18,170 26,791 67.8% 493 1.8% 0 19,276 22,083 1,704 20,379 12.96 0.0% Basingstoke College of Technology 19,871 12,012 19,343 62.1% 529 2.7% 232 4,451 5,721 3,630 2,091 1.58 6.3% 2 UCU: FE college accounts data 2010-11 COL 6 COL 5 Surplus/ Operating (deficit) on surplus/ continuing deficit COL 8 COL 11 COL 12 operations after (shown Cash and COL 9 COL 10 Net Ratio of COL 4 depreciation and with a short term Total Total current current COL 13 Total COL1 COL 2 Staff costs before minus investments current current assets / assets to borrowing as a Total Staff COL 3 Total as % total exceptional sign) as % COL 7 Staff (unrestricted) assets @ liabilities (liabilities) liabilities percentage of income costs expenditure expenditur items and tax of total restructuring @ 31.7.11 31.7.11 @ 31.7.11 @ 31.7.11 (:1) @ income FE college accounts data 2010-11 '£000 £000 £000 e % £000 income £000 £000 £000 £000 £000 31.7.11 2010-11 Bedford College 32,547 18,261 31,440 58.1% 1,107 3.4% 0 8,895 10,316 6,715 3,601 1.54 0.0% Bexley College 10,886 8,193 11,061 74.1% (175) -1.6% 415 3,581 7,056 2,026 5,030 3.48 0.0% Birmingham Metropolitan College 68,052 37,707 66,772 56.5% 1,280 1.9% 378 17,610 18,685 8,832 9,853 2.12 5.8% Bishop Auckland College 16,456 10,550 16,778 62.9% (322) -2.0% 891 3,941 4,739 2,347 2,392 2.02 63.6% Blackburn College 45,309 28,651 42,801 66.9% 2,508 5.5% 267 3,475 8,338 13,787 (5,449) 0.60 24.5% Blackpool and The Fylde College 49,514 33,053 50,812 65.0% (1,298) -2.6% 832 8,710 10,610 6,168 4,442 1.72 0.0% Bolton College 30,302 17,373 30,312 57.3% (10) 0.0% 20 19,344 20,663 19,294 1,369 1.07 133.0% Boston College 15,135 10,405 15,577 66.8% (442) -2.9% 0 8,518 9,309 3,895 5,414 2.39 19.1% Bournemouth and Poole College 37,724 25,809 36,496 70.7% 1,228 3.3% 558 3,897 5,589 4,875 714 1.15 6.5% Bournville College of Further Education 23,844 14,909 25,156 59.3% (1,312) -5.5% 158 4,259 23,759 18,451 5,308 1.29 117.8% Bracknell and Wokingham College 12,650 9,134 14,200 64.3% (1,550) -12.3% 210 31 380 2,122 (1,742) 0.18 48.9% Bradford College 63,568 41,713 62,632 66.6% 936 1.5% 752 10,767 13,801 8,457 5,344 1.63 18.6% Bromley College of Further and Higher Education 21,295 13,954 20,500 68.1% 795 3.7% 118 3,483 4,559 3,576 983 1.27 31.6% Brooklands College 18,787 12,127 18,782 64.6% 5 0.0% 270 720 1,113 1,530 (417) 0.73 25.5% Burnley College 21,540 13,514 20,747 65.1% 793 3.7% 0 3,390 4,188 1,715 2,473 2.44 39.7% Burton and South Derbyshire College 26,315 14,482 26,033 55.6% 282 1.1% 86 9,374 10,122 4,376 5,746 2.31 0.0% Calderdale College 19,162 12,406 19,135 64.8% 27 0.1% 217 15,438 16,181 18,521 (2,340) 0.87 0.2% Cambridge Regional College 42,124 25,669 40,500 63.4% 1,624 3.9% 718 2,014 6,837 3,864 2,973 1.77 12.5% Canterbury College 33,935 19,382 29,815 65.0% 4,120 12.1% 174 951 1,823 1,946 (123) 0.94 51.8% Carlisle College 10,904 6,487 10,674 60.8% 230 2.1% 109 3,842 4,202 3,805 397 1.10 36.3% Carshalton College 17,650 11,335 16,920 67.0% 730 4.1% 361 4,737 5,088 1,725 3,363 2.95 0.0% Central Bedfordshire College 12,997 8,548 12,412 68.9% 585 4.5% 78 1,468 1,768 1,159 609 1.53 0.0% Central Sussex College