Summary financial report FY 2014-15

Principal sources of income

1. University funds: staff salaries• 2014-15 expenditure: £2.9m2. University funds: “Other Charges”• 2014-15 expenditure: £374,1863. Research Grant overhead income4. Donations, trust fund income and other

Trends in RG income (i.e. lifetime or budgeted value of current awards)

2009-10 (87 grants) 2010-11 (90 grants) 2011-12 (84 grants) 2012-13 (72 grants) 2013-14 (64 grants) 2014-15 (79 grants)0

5

10

15

20

25

30

35

value £m

value £m

Trends in RG profile

2010-11 2011-12 2013-13 2013-14 2014-150

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

OtherECRCWellcome

Overhead income (all types) from RGs

2010-11 2011-12 2012-13 2013-14 2014-150

50,000

100,000

150,000

200,000

250,000

300,000

Series1

Expenditure against RG overhead income 2014-15: £292,540

Maintenance & Re-furbishment

30%

Equipment9%

Salary support (academic)11%

Salary support (assis-tant)17%

Computing12%

Research facilities4%

Misc1%

Ineligible costs on ERC grants17%

Un-earmarked reserves

2011-12 2012-13 2013-14 2014-15£0

£50,000

£100,000

£150,000

£200,000

£250,000

£300,000

£350,000

£400,000

£450,000

Series1

Earmarked reserves

• £175,000 earmarked reserves for start-up costs, Museum redevelopment underwriting and other needs

Other expenditure 2014-15: trust funds

2011-12 2012-13 2013-14 2014-150

20

40

60

80

100

120

140

Series1