Class 4: What we spend and how we spend it

Information about our strategy for, and management of, financial resources.

Updated: 29 June 2021

The Finance department provides accounting, procurement and contracting services, helping to make best use of resources and fulfilling statutory responsibilities.  Information that may substantially prejudice the commercial interests of any person or organisation is excluded from publication.

Financial statements

The college’s most recent financial statements include information on our institutional endowments and investments; external sources and other sources of capital funding and a summary of the budgetary allocation to the major budgetary units. The Financial statements also provide details of staff and board member expenses.

Financial regulations

The college has well established financial regulations which are approved by the Board of Management. This is the College’s financial administration manual, including e.g. information on purchasing goods and services and on reclaiming expenses.

Insurance

All policies are arranged through our broker as follows:

Education Protect Scotland Ltd
Cherryfield Drive
Kirby
Liverpool
L32 8SF

Aviva Insurance Limited
Employers Liability & Public Liability – Policy No 100715704CCI

ERS
Motor insurance - Policy No  50574380

This is for the period 1 August 2020 to 31 July 2021

Boats Insurance

MS Amlin Insurance SE

HV20-0459969/F01

HV20-0459971/FO1

This is for the period 01 August to 31 July 2021

Pay and grading structure

The current pay and grading structures show the levels of pay within Inverness College UHI.

Funding awards made by Inverness College UHI

How to apply for them and funding awards made by Inverness College UHI.

The college does not make any funding awards from its own resources.