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The following is a list of British universities ordered by their financial endowments, expressed in pounds sterling at fair value. British charity funds are made up of restricted reserves, which can only be used for specific purposes, and unrestricted reserves, which could be used for any activity within the charity's scope. [ 1 ]
A bursar (derived from bursa, Latin for 'purse') is a professional administrator in a school or university often with a predominantly financial role. In the United States , bursars usually hold office only at the level of higher education (two-year and four-year colleges and universities) or at private secondary schools.
Arms of the University of Cambridge. The University of Cambridge is composed of 31 colleges in addition to the academic departments and administration of the central university. Until the mid-19th century, both Cambridge and Oxford comprised a group of colleges with a small central university administration, rather than universities in the ...
The classification of accounts into real, personal and nominal is based on their nature i.e. physical asset, liability, juristic entity or financial transaction. The further classification of accounts is based on the periodicity of their inflows or outflows in the context of the fiscal year: Income is a short term inflow during the fiscal year.
The Cambridge University Endowment Fund is the main vehicle of investment for the University. [95] In the fiscal year ending 31 July 2023, the university group, excluding colleges, reported a total endowment of £3.736 billion. [96] The figure includes both restricted and unrestricted funds.
It is the accounts in this list, and their corresponding debit or credit balances, that are used to prepare the financial statements. Finally financial statements are drawn from the trial balance, which may include: the income statement, also known as the statement of financial results, profit and loss account, or P&L; the balance sheet, also ...
It performs both functions by authorising notices to be published in the Cambridge University Reporter, its official journal. Cambridge University is an exempt charity, under the Charities Act 2011 regulated by the Office for Students. Under charity law its trustees are members of the University Council. [2]
St Edmund's College is a constituent college of the University of Cambridge [4] in England. Founded in 1896, it is the second-oldest of the three Cambridge colleges oriented to mature students, which accept only students reading for postgraduate degrees or for undergraduate degrees if aged 21 years or older.