Balance Sheets
(As at 31 July, 2001)

	Consolidated		University
	2001	2000	2001	2000
	£'000	£'000	£'000	£'000
Fixed Assets
Tangible Assets	115,717	113,693	102,638	104,569
Investments	36	36	37	36
	115,753	113,729	102,675	104,605
Endowment Asset Investments	60	51	60	51
Current Assets
Stock and Stores in Hand	79	103	79	103
Debtors	5,946	6,987	9,589	7,638
Investments	39,530	38,699	39,530	37,942
Cash at Bank and in Hand	(526)	(246)	(1,634)	(1,109)
	45,029	45,543	47,564	44,574
Creditors: Amounts falling due within one year	10,543	9,359	8,961	8,330
Net Current Assets	34,486	36,184	38,603	36,244
Total Assets less current liabilities	150,299	149,964	141,338	140,900
Creditors: Amounts falling due after more than one year	10,244	10,911	7,298	7,942
Provisions for liabilities and charges	4,592	6,633	4,592	6,633
Net Assets	135,463	132,420	129,448	126,325
Deferred Capital Grants	18,582	17,563	12,742	11,686
Endowments
Specific	60	51	60	51
Reserves
Revaluation Reserve	48,866	49,766	48,458	49,363
Income and Expenditure Account	67,955	65,040	68,188	65,225
	116,821	114,806	116,646	114,588
Total Funds	135,463	132,420	129,448	126,325