Class 4: What we spend and how we spend it

Information about our strategy for, and management of, financial resources

 

The Finance department provides accounting, procurement and contracting services, helping to make best use of resources and fulfilling statutory responsibilities.  Information that may substantially prejudice the commercial interests of any person or organisation is excluded from publication.

Financial Statements
The college’s most recent financial statements include information on our institutional endowments and investments; external sources and other sources of capital funding and a summary of the budgetary allocation to the major budgetary units. The Financial statements also provide details of staff and board member expenses.

Financial Regulations –The college has well established Financial Regulations which are approved by the Board of Management. This is the College’s financial administration manual, including e.g. information on purchasing goods and services and on reclaiming expenses.

Insurance

All policies are arranged through our broker as follows:

Marsh Limited
Education Practice
Capital House
1-5 Perrymount Road
Haywards Heath
West Sussex
RH16 3SY

Royal & Sun Alliance
Employers Liability & Public Liability – Policy No RSAP9465304200

QBE
Motor insurance - Policy No  Y073788FLT0116A.

This is for the period 1 August 2016 to 31 July 2017.


Pay and Grading Structure

The current pay and grading structure shows the levels of pay within Inverness College UHI

Funding awards made by Inverness College UHI, how to apply for them and funding awards made by Inverness College UHI

The college does not make any funding awards from its own resources.