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Definition - What is a donation? | Finance Division
https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-14-accounting-donations-and-grants/scope-22 Apr 2015: To be classed as a donation or grant, a receipt of funds or assets must have been freely given, with no consequent obligation on the University to provide goods or services to the benefit of the donor. -
The Tax Team | Finance Division
https://www.finance.admin.cam.ac.uk/staff-and-departmental-services/tax-team6 Feb 2015: The Tax Team is responsible for ensuring that the University pays the right amount of tax. To do this, we make sure that we pay tax when it is properly due, but also make sure that we claim any reliefs that are available to us as a charity or -
General Ledger (GL) | Finance Division
https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-11-year-end-instructions/detailed-instructions-710 Aug 2015: Module closes at 5pm on Wednesday 30 August ON THIS PAGE Summary of tasks Key dates CUEF sales/purchases Process and reconcile petty cash Credit card expenditure Budget Freeze Chest Allocation Holdback Mechanism Monies on deposit Accruals Unearned -
ST JOHN’S COLLEGE CAMBRIDGE Annual Report and Financial Statements ...
https://www.joh.cam.ac.uk/sites/default/files/documents/College-accounts-2014-15.pdf1 Dec 2015: students; to strengthen the teaching capabilities of the College; to continue to improve academic performance in Tripos exams; to continue to contribute to the research capabilities of the University through -
Year end procedures | Finance Division
https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-13-trust-funds/management-trust-funds/year-end1 Apr 2015: At year end, departments should follow the year end timetable issued by the Finance Division and ensure that all Trust Fund transactions are processed before the GL closes. Additionally, they should be prepared to make adjustments in the final -
Budget Virements | Finance Division
https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-2-budgetary-planning-control/monitoring-and-423 Jul 2015: In general Chest budgets are set at the beginning of the financial year. It is the responsibility of the School Business Partners and institution heads of finance to organise the upload of institutional budgets, as detailed in the Blue Book, into UFS -
CUTS (Cambridge University Technical Services) | Finance Division
https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-9-vat-and-other-taxes/brief-guide-corporation-06 Aug 2015: By using CUTS, the University is able to avail of charitable tax reliefs to ensure that full economic benefit of profitable consultancy work flows through to the University. -
Out of the lab: from science to business | Murray Edwards College -…
https://www.murrayedwards.cam.ac.uk/news/our-blogs/she-talks-science/out-of-the-lab-from-science-to-business22 Oct 2015: I'm the co-founder and CEO of a start-up, GeneAdviser, which is making it easier for doctors to order life-saving tests for genetic diseases and cancers. I came to Cambridge for a PhD in geno -
Trust Fund Income | Finance Division
https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-13-trust-funds/trust-fund-income1 Apr 2015: The capital of a trust fund, (both permanent and spendable) is invested and then the income generated from these investments is used to provide the intended benefits of the trust. -
Importance of compliance when making payments for services against…
https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-5a-employment-status/payment-individuals19 Mar 2015: When the University pays a sum of money for service(s), consideration must be given to whether the Off-Payroll Worker rules allow those payments to be made gross or whether there is deemed employment for tax purposes.
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