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Financial Statements

Financial Statements 2020 2021. University of Southampton and Subsidiary Undertakings Consolidated Financial Statements for the year ended 31 July 2021. Contents Strategic Report 3. Public Benefit 13. Corporate Governance 19. Independent Auditor's report to the Council of University of Southampton 24. Consolidated and University Statement of Comprehensive Income for the year ended 31 July 2021 32. Consolidated and University Statement of Financial Position as at 31 July 2021 34. Consolidated and University Statement of Changes in Reserves for the year ended 31 July 2021 35. Consolidated Statement of Cash Flows for the year ended 31 July 2021 37. Notes to the Financial Statements for the year ended 31 July 2021 39. Supplementary schedule for the Department of Education 91.

strong performance during a challenging period. It is a testament to the strong financial management of the University that a surplus was delivered despite revenue decreases of around £24.6 million, related to the pandemic. All areas of the University maintained control on expenditure resulting in steady levels of spend.

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