Legal framework
Find out about Â鶹Íø's legal framework and view our financial statements.
A Higher Education Corporation and exempt charity
Â鶹Íø is a Higher Education Corporation created by an instrument of government issued by the Privy Council on 26 April 1993, under powers given by the Education Reform Act 1988 (ERA) and the Further and Higher Education Act 1992.
The University is an exempt charity under the terms of the ERA.
The Office for Students is the principal regulator of the University as an exempt charity, subject to the provisions of the Charities Acts 2011 and 2022 and in accordance with the Higher Education and Research Act 2017.
- Legal name: Â鶹Íø Higher Education Corporation
- Preferred name: Â鶹Íø
- Correspondence address: Holmwood House, Grove Crescent, Kingston upon Thames, Surrey KT1 2EE
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If any employee or worker of the University wishes to report any concerns or issues with the implementation of any of the University's policies or regulations they should refer to the University's Whistleblowing Policy.
Strategic Review and Financial Statements
The reported operational surplus of £7.9m is stated after the unwinding of the USS pension provision and FRS102 pension income of £2.0m and restructuring costs of £1.1m thereby resulting in an underlying surplus of £7.0m. The cash position remains strong at £115.1m with cash being generated from operations of £12.0m, capital investment £22.7m and loan repayments at £1.8m.
This overall performance reflects a positive operational result which has included an increase in investment income of £1.9m due to higher interest rates and a modest increase in tuition fees of £2.8m.
The cash generated from operating activities totalled £12.0m which ensures that the University can continue to invest in its Town House Strategy to transform students' education through the embedding of Future Skills, and to invest in the future infrastructure of the University.
Find out more about Â鶹Íø's finances by downloading the Financial Statements from previous years: