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4 Sep 2015: These are for Finance Division use only. These Sources of Funds show fixed asset capitalisation and depreciation movements. University policy is that we only capitalise and depreciate assets over £30,000 in value. Depreciation is calculated and

4 Sep 2015: The ‘P’ Source of Funds is used for funding received specifically or approved for buildings. The related expenditure should be entered via the Projects module in CUFS. Normally only used by the Finance Division or Estate Management.

4 Sep 2015: Detailed information for research grants is held in the Grants / GMS module in CUFS. Summary information is passed into the General Ledger via a nightly interface. Transactions are summarised by Department and by sponsor type. M*** No entries are

4 Sep 2015: Sometimes departments and trust managers may wish to appropriate (transfer) funds from a trust, for example: where funds need to be appropriated to another Department; or where the fund expenditure is large or spread across a number of activities

4 Sep 2015: Many departments receive income from trust funds. Each trust has its own deed that details the rules and regulations concerning its set up and use. Details of each trust are recorded in the University’s statutes & ordinances.

4 Sep 2015: The J Sources of Funds are used to account for non-research grants received from the Higher Education Funding Council for England (HEFCE) and other bodies for specific purposes, together with the associated expenditure, whether revenue expenditure

4 Sep 2015: These are for donations where the donor has specified that the gift is to be invested for the longer term, but where no trust fund has been established. In most cases the donor has also placed restrictions on the use of the income arising.

4 Sep 2015: Specific donation accounts are set up for funds donated by way of gift to the University (or a Department) for a specific purpose excluding: a contribution to the construction of a building funds which are required to be held as an endowment grants

4 Sep 2015: All these Sources of Funds designate what the University describes as self-supporting activities. They should be self-funding in that they cover all of their related costs. Thus an overriding principle is that the full costs of an activity should be

4 Sep 2015: These are only allocated with permission from the Finance Division. They are specific reserves that arise from budget allocations for specific large projects, eg CAMSIS. They are sometimes referred to as “sinking funds”. Please contact your