Qualifying Examinations
Entries and Price
Number of FC entries
Charge per FC entry (unit)
Number of FD entries
Charge per FD entry (unit)
No of FD International entries
International premium per entry
260
240
620
360
15
300
Income
Foundation Examinations
Final Examinations
International premium
Exemptions Fee
Exam cancellation fees
EARs
62400
223200
4500
100
200
0
Total income
290400
Expenditure
Examiner Fees
Examiner Expenses
GB Fees
GB Expenses
Exam Logistics (outsourced)
120175
11000
20000
7250
25000
Exam Logistics (issuing of certificates)
Student Support
Invigilation
Invigilation expenses
Printing
Courier
Exam Venues
R&D
Bank Charges
Reaccreditation costs
Payroll and consultant costs
Misc.
Irrecoverable VAT
Recruitment of invigilators
Relocation contingency
Website upgrade
Fee to British Council
Contribution to surplus
Total Expenditure
5000
9000
6000
1500
200
350
25000
10000
350
5000
28000
3000
6000
3000
0
0
3000
288825
Balance (surplus/deficit)
1575
Introductory Certificate in Patent Administration
Entries and Price
Number of IPAC entries
Charge per entry
150
300
Total Income
45000
Expenditure
Examiner fees
Examiner expenses
11580
3100
Exam Logistics (outsourced)
Exam Logistics (issuing of
certificates)
Student Support
Invigilation
4000
Courier
Examination Venues
100
1500
Bank charges
1000
1700
500
50
Misc
Irrecoverable VAT
1000
100
Total Expenditure
24630
Balance (surplus/deficit)
20370