At Middlesex University, we make our yearly accounts available online as soon as they've been audited. Inside each statement – dating as far back as the 2006/2007 financial year – you'll find information on our income, balance sheets, expenditures and more.
Highlights from the 2012/2013 financial statement
Middlesex University recorded a historic surplus of £38.5m, its seventh consecutive year of surpluses. This was thanks to charging £2.6m worth of restructuring costs and recognising a £20.4m gain on the closing of our Trent Park campus.
Our total income increased by £6.1m – a 3.5% rise from 2011/2012 figures. Funding council grants decreased, while tuition income increased. Research, grants and contracts income stood at £3.5m – similar to the previous year – although we expect this to rise significantly following our appointment of new academic staff.
Last year, we continued to invest in our academic staff, which meant our costs increased by 2% to £88.7m, with an additional cost of £2.6m incurred for restructuring costs. Other expenses remained at a similar level to 2011/2012.
We completed the 11th year of our Estates Development Strategy and invested an additional £14.6m in infrastructure, which included a number of building reconfigurations to increase student and staff capacity.
Want to know more?
Please download our financial statement for 2012/2013.
Financial statements from 2006 to 2012
Please note that our financial year ends on 31 July.
Using this material
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