Financial Statements 2011 - Royal Holloway, University of London

Notes to the Financial Statements(continued)11 Analysis of Expenditure by ActivityOtherOperating Interest 2010/11 2009/10Staff Costs Depreciation Expenses Payable Total Total£000 £000 £000 £000 £000 £000Academic departments 41,702 1,123 5,216 - 48,041 48,802Academic services 4,326 574 4,120 - 9,020 9,136Research grants and5,798 231 5,471 - 11,500 10,022contractsOther contracts 227 - 573 - 800 1,171Residences, catering and5,219 3,235 7,377 2,090 17,921 17,875conferencesPremises (see footnote) 2,378 6,269 4,463 131 13,241 13,377Administration 8,429 17 3,976 - 12,422 12,425Students’ Union to 13 April749 78 859 - 1,686 2,1892011Other expenses 2,443 13 8,220 - 10,676 10,369Staff restructuring 261 - - - 261 818Expenditure 71,532 11,540 40,275 2,221 125,568 126,184Premises costs exclude costs relating to residences and catering which are included in that section.Expenditure for the Students’ Union includes £442k of grant from the College to 13 April 2011 (2009/10 £645k for the full year).12 TAXATIONUK Corporation Tax 3 6Royal Holloway Enterprise Ltd gift aids taxable profits to the College. The tax charge is a provision for Corporation Tax on the retainedtaxable profits of the subsidiary.As explained in the accounting policies, the College is potentially exempt from taxation because of its charitable status and no taxationon income or capital gains is payable for 2010/11 or 2009/10.25