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Legal and Governance

How we use our finances

At Leeds Arts University we are careful to balance our expenditure around staffing, facilities and other resources to ensure our students get the highest quality education in the arts. Below are some key facts and figures on where we invest our income.

Over the 2022-23 academic year:

  • 85% of income was from tuition fees

  • Nearly £600,000 was spent on bursaries and hardship funds

  • In addition, £236,000 was given to students to support their costs of study

  • Nearly £1million was spent on maintenance and repairs

  • 60% of income was spent on staffing

  • £500,000 was spent on the new café and studio renovation (due for completion in 2024)

  • Over £1.1million was invested in IT, photography and film equipment

Income and Expenditure

INCOME

£'000

Fees

21,755

Grant

3,398

Other income

105

Donations

1

Investment income

473

Total

25,732

PAYROLL COSTS

Staff costs

15,437

NON PAYROLL COSTS

Academic departments

900

Academic services

1,086

Admin/central services

1,247

General educational

1,019

Staff and student costs

325

Repairs and maintenance

1,229

Premises and catering

1,126

Depreciation

1,531

Interest

221

Total

8,684

Doughnut style pie chart with sections: Fees, Grant, Other income, Donations, Investment income.

Income

Column style bar chart with sections: Academic departments, Academic services, Admin/central services, General educational, Staff and student costs, Repairs and maintenance, Premises and catering, Depreciation Interest

Expenditure in £'000 by category

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