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All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 3697 contributions
Education, Children and Young People Committee [Draft]
Meeting date: 4 June 2025
John Mason
If we were to look at one key figure in any university, would it be better for us to look at the cash balance rather than reserves?
Education, Children and Young People Committee [Draft]
Meeting date: 4 June 2025
John Mason
We could discuss accountancy games but I think that we will not go there today. That is fine, thank you.
Professor Miller, in the same area, are your reserves adequate? What should they be?
Education, Children and Young People Committee [Draft]
Meeting date: 4 June 2025
John Mason
Your deficit to July 2024 was £17 million. Presumably, that is not sustainable.
Education, Children and Young People Committee [Draft]
Meeting date: 4 June 2025
John Mason
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Education, Children and Young People Committee [Draft]
Meeting date: 4 June 2025
John Mason
I looked at the financial statements of all your universities up to last July and I want to ask you a few questions about them. My first question is on reserves and I will start with Professor Rigby. Napier’s income for the year is something like £171 million and its reserves are £139 million. On the face of it, people might think that that is quite a healthy position and that £139 million in reserves is quite good. Could you tell us a little about the reserves, what they are intended for and what they should be—that kind of thing?
Education, Children and Young People Committee [Draft]
Meeting date: 4 June 2025
John Mason
When we are dealing with other organisations, perhaps charities and so on, they sometimes say that they want to have three or six months’ income or expenditure in reserves, that kind of thing. Does a university like yours have a target for what your reserves should be?
Education, Children and Young People Committee [Draft]
Meeting date: 4 June 2025
John Mason
Thank you. Professor Mathieson, your university is about eight or 10 times as big as either of the others, so it is a slightly different scale and your reserves are also of a slightly different scale, at about £3 billion. Are you in the same position as the other universities as to what that £3 billion is for?
Education, Children and Young People Committee [Draft]
Meeting date: 4 June 2025
John Mason
But still, £300 million in unrestricted reserves not in buildings seems like quite a good figure.
Education, Children and Young People Committee [Draft]
Meeting date: 4 June 2025
John Mason
Yes, I have a comment. I do not disagree with what is happening in this SSI, but I think that there is an issue with overseas qualifications being recognised. It is something that has come up with some of the people who have come from Ukraine, in particular, but it has come up with people from other countries, too. Some who appear to have very good qualifications in their own countries are finding it very difficult to be accepted here or to improve their qualifications or get them recognised. My comment is just that we, or somebody else, should be looking at the issue in the future, but I do not object to the SSI.
Education, Children and Young People Committee [Draft]
Meeting date: 4 June 2025
John Mason
Okay. I will come to the others so that they can comment as well, but I take your point. You mentioned RAAC. We have been given a figure of £750 million for the whole of the university sector. Can you give us a figure for what RAAC repairs might be for your university?