Agenda item

The Annual Financial Return setting out the School's results for the last two years and Forecasts for the following five years

Minutes:

The Committee considered a Report concerning the annual financial return.

 

Officers clarified that the template was, unfortunately, one-size-fits-all, which all universities in England were required to complete. Several areas did not apply to the School which led to error and warning messages being recorded on the template. Members should not be alarmed as these would be resolved as the verification process was completed.

 

Officers confirmed that the five-year forecast was consistent with the forecast approved by the Board in November 2020.

 

RESOLVED – that the Committee endorsed the annual financial return to the Board.

Supporting documents: