What we spend and how we spend it

Here you will find financial information relating to the University's projected and actual income and expenditure, procurement, contracts and financial audit. Extensive financial information is contained in our Annual Operating and Financial Review and Financial Statements which are published each year.

The Annual Operating and Financial Review and Financial Statements include the following:

  • Message from the Vice Chancellor
  • The University and its work
  • Public Benefit Statement
  • Financial and risk management
  • Key performance indicators
  • Corporate governance
  • Financial report which includes:-
    • Income and expenditure
    • Balance sheets
    • Research
    • Cashflow
    • Pensions
    • Reserves
    • Liquidity
  • Financial statements which includes:-
    • Statement of the Council's responsibilities
    • Report of the Auditors to the Council of Swansea
    • Statement of the Principle Accounting Policies
    • Income and expenditure
    • Statement of total recognised gains and losses
    • Balance Sheet
    • Cash Flow Statement
    • Notes to the financial statements

Funding and income

Information on the sources of funding and income is set out in The Annual Operating and Financial Review and Financial Statements.

Financial statements, budgets and variance reports

Financial statements are published in The Annual Operating and Financial Review and Financial Statements

University budget reports are available on request but may be subject to Section 43 - Commercial Interests.

Expenditure exceeding £25,000 (includes  list of suppliers):-

2011/12 Expenditure £25,000

2012/13 Expenditure £25,000

2013/14 Expenditure £25,000

2014/15 Expenditure £25,000

Financial audit reports

A report of the Auditors to the Council of Swansea is contained within The Annual Operating and Financial Review and Financial Statements.

Capital programme

The Estates Strategy details major plans for capital expenditure.

Financial regulation and procedures

Our financial forms and documents

Our financial policies and procedures

Staff allowances and expenses

Information about staff allowances and expenses are set out in the Expenses and Benefits guidance.

Details of expenses incurred by senior staff for the last two financial years:-

Chancellor and Vice Chancellor expenses  

Senior staff members expenses (2011/12 and 2012/13 includes the Registrar, Pro Vice Chancellors, Heads of Colleges and staff members earning over £100,000)

Senior staff members expenses 2013/14 and 2014/15

Staff pay and grading structures

Salary grading structure

Pay details of senior staff (earning more than £100,000) (included in the Annual Operating and Financial Review Report)

Register of suppliers

Suppliers with whom at least £25,000 worth of business has been placed is listed below:-

2011/12 Expenditure £25,000

2012/13 Expenditure £25,000

Procurement and tender procedures and reports

Our procurement, purchasing and payment procedures

E-Tendering process

Contracts

Details of contracts awarded are published on SelltoWales  (for contracts which exceed £50,000 in value). Details of contracts worth less than £50,000 are available on request

Research funding

Information about sources of funding is contained with The Annual Operating and Financial Review and Financial Statements.