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Our financial summary gives an overview of our income and expenditure during 2020/21. St George's income remained at £86.7m in 2020/21. Operating Expenditure has decreased to £85.4m, giving an operating surplus of £1.3m. An unrealised gain on investments of £2.5m gives an overall surplus of £3.8m.

Annual report and financial statements 2020/21

More detail can be found in our Annual Report and Financial Statements 2020/21 (PDF). Previous years' reports can be found below. 

Expenditure by type 2020 to 2021
 Expenditure by type 202021

 The chart below shows St George's expenditure per pound of income for 2020/21, with 67p per £1 being spent on teaching, academic and research.

What we spent out money on and income by type 2020 to 2021
 What we spent our money on during 202021
 Income by type 202021

The majority of our income, 46%, came from teaching and education contracts, with 21% from our funding bodies and 13% from research grants.

63% of our costs relate to staff, by far our most important form of expenditure.


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