Financial Statements 2011 - Royal Holloway, University of London

Notes to the Financial Statements(continued)16 Creditors: Amounts FallingDue Within One YearConsolidatedCollege2011 2010 2011 2010£000 £000 £000 £000Secured and unsecured loans 3,162 3,187 3,162 3,187Payments received on account 3,391 2,757 3,389 2,755Other creditors 7,779 7,573 7,765 7,482Social security, other taxation and2,666 2,605 2,663 2,575pension contributions payableAccruals 1,962 3,611 1,939 3,426Deferred income 12,345 13,445 12,345 13,44531,305 33,178 31,263 33,178Unsecured loans include interest-free repayable grants totalling £1,117k from theHigher Education Council for England repayable within one year (2010 £1,807k)17 Creditors: Amounts FallingDue After More than One YearUnsecured loans repayable after one year and5,832 4,272 5,832 4,272within five yearsUnsecured loans repayable after five years 25,377 26,938 25,377 26,938Secured loans repayable after one year and7,537 6,192 7,537 6,192within five yearsSecured loans repayable after five years 17,233 20,562 17,233 20,56255,979 57,964 55,979 57,964Deferred income 680 720 680 72056,659 58,684 56,659 58,684Secured loans are secured by a first charge upon Highfield, Kingswood, Runnymede andWedderburn and Gowar student residences.Secured and unsecured loans over one year arerepayable as follows:After one year and within two years 2,977 1,440 2,977 1,440After two years and within five years 10,392 9,024 10,392 9,024After five years and within ten years 15,732 15,688 15,732 15,688After ten years 26,878 31,812 26,878 31,81255,979 57,964 55,979 57,96429