Achievement of LSC Targets
Student Performance
Students' success is the ost important measure of our service. Over the last three years the college has maintained significant overall improvement in retention and achievement (taken together retention and achievement provide the percentage measure of success). The sustained improvement in student success on long courses is particularly pleasing. High performance standards have been reached by a growing nuber of students.
Student numbers on short courses have halved as First Aid at Work courses (2 and 4 days) are no longer offered by the college. Maintaining high success rates on other 'short' programmes - anything up to 24 weeks - is an indicator of strength in this area.
| Further Education | 2006/07 | 2007/08 | 2008/09 |
| Long courses | |||
| Starters | 1,905 | 2,029 | 1,965 |
| Success rate | 71% | 73% | 75% |
| National benchmark | 65% | 66% | 67% |
| Short courses | |||
| Starters | 746 | 894 | 819 |
| Success rate | 82% | 84% | 79% |
| National benchmark | 85% | 80% | 83% |
| Higher Education | |||
| Completing students | 9 | 9 | 11 |
| Success rate | 56% | 78% | 73% |
The college's HE programme for Garden Design was validated as an HND for students starting up to 2006. From 2007 an HE certificate and Foundation Degree are offered in partnership with Birkbeck College, University of London. Student success rates are well above the national benchmarks with gradute enjoying excellent prospects for employment and career development.
SUMMARY OF INCOME/EXPENDITURE ACCOUNT (Consolidated)
Income |
2006 - 2007 |
2007-2008 |
2008-2009 |
|
£'000s |
£'000s |
£'000s |
Funding council grants |
6,201 |
6,868 |
7,283 |
Tuition fees and education contracts |
836 |
1,001 |
1,032 |
Other income |
1,126 |
1,269 |
1,197 |
Endowment and Investment income |
170 |
169 |
29 |
Total Income |
8,333 |
9,307 |
9,541 |
Expenditure |
|
|
|
Staff Costs |
4,818 |
5,476 |
5,703 |
Other operating expenses |
2,763 |
3,336 |
3,137 |
Depreciation |
372 |
467 |
445 |
Interest payable |
0 |
0 |
0 |
Total Expenditure |
7,963 |
9,279 |
9,285 |
SURPLUS ON CONTINUING OPERATIONS AFTER DEPRECIATION OF TANGIBLE FIXED ASSESTS AT VALUATION AND BEFORE TAX |
370 |
28 |
256 |
|
|
|
|
BALANCE SHEET |
|
|
|
FIXED ASSETS |
4,600 |
4,998 |
4,622 |
CURRENT ASSETS |
2,713 |
2,120 |
2,612 |
CREDITORS (amounts falling due to within one year) |
1,212 |
973 |
999 |
NET CURRENT ASSETS |
1,501 |
1,147 |
1,613 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
6,101 |
6,145 |
6,235 |
NET PENSION LIABILITY |
35 |
405 |
1,378 |
NET ASSETS |
6,066 |
5,740 |
4,857 |
TOTAL RESERVES |
4,001 |
3,676 |
2,942 |
The College continues to achieve a Grade A rating (the highest possible financial health for a college).
Last updated: 19 April, 2010
