Financial Statements 2011 - Royal Holloway, University of London

Consolidated Statement of Total RecognisedGains and LossesFor the year ended 31 July 2011Surplus on continuing operations after depreciation of tangible fixed assetsat valuation and deemed disposal of Royal Holloway Students’ UnionNote 2010/11 2009/10£000 £0005,773 5,931Appreciation of endowment asset investments 19 3,613 4,243Appreciation of endowment asset investments – The Picture Collection 19 1,945 -New endowments 19 77 89Capital withdrawn 19 (10) -Total Recognised Gains Relating to the Year 11,398 10,263Reconciliation to the movement of reserves and endowmentsOpening reserves and endowments 142,782 132,519Total recognised gains in the year 11,398 10,263Closing reserves and endowments 154,180 142,782Consolidated and College Balance SheetsAt 31 July 2011ConsolidatedCollegeNote 2011 2010 2011 2010£000 £000 £000 £000Fixed AssetsTangible assets 13 140,973 142,872 140,973 142,309Endowment Assets 14 70,835 65,113 70,835 65,113Current AssetsStocks and stores 281 312 281 293Debtors:- due within one year 15 8,773 6,764 8,902 6,816- due after one year 15 - 103 - 103Investments 23 21,000 34,500 21,000 34,500Cash at bank and in hand 27 28,773 13,992 28,553 13,26758,827 55,671 58,736 54,979Creditors: Amounts Falling Due Within One Year 16 (31,305) (33,178) (31,263) (32,870)Net Current Assets 27,522 22,493 27,473 22,109Total Assets less Current Liabilities 239,330 230,478 239,281 229,531Creditors: Amounts Falling Due After One Year 17 (56,659) (58,684) (56,659) (58,684)Net Assets 182,671 171,794 182,622 170,84716