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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 2021-22 academic year:

  • 88% of income was from tuition fees

  • Over £500,000 was spent on bursaries and hardship funds

  • In addition, £382,000 was given to students to support their costs of study

  • Nearly £1million was spent on maintenance and repairs

  • 58% of income was spent on staffing

  • £750,000 was invested in buildings, IT equipment and resource equipment

Income and Expenditure

INCOME

£'000

Fees

22,148

Grant

2,744

Other income

96

Donations

6

Investment income

72

Total

25,066

PAYROLL COSTS

Staff costs

14,649

NON PAYROLL COSTS

Teaching costs

1,473

Academic services

257

Admin/central services

1,276

General educational

934

Staff and student costs

246

Repairs and maintenance

980

Premises

713

Depreciation

1,542

Interest

347

Total

7,768

Income

Income

Non payroll expenditure by category (£'000)

Non payroll expenditure by category (£'000)

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