UNIVERSITIES UK
Financial health, per its FY2025 accounts
The accounts state that the group reported a consolidated deficit of £721,000 for the year ended 31 July 2025, primarily due to a £934,000 transfer to UCEA for USS governance review and lower restricted income. Per the trustees' report, free reserves under SORP were £3,763,000, which the trustees consider sufficient to meet current commitments given the nature of the organisation's risks.
What the accounts disclose
“The number of employees whose emoluments exceeded £60,000 (excluding employer’s pension contributions) was 43 (2024: 41).” — page 41
“Accordingly, the current target of four to six months of unrestricted expenditure is deemed appropriate”
“Covenanted income receivable during the year from CVCP Properties plc was £732,960 (2024: £628,650). Other transactions with CVCP Properties plc are included in note 24.”
“Covenanted income receivable during the year from Woburn House Conference Centre was £593,072 (2024: £633,540).” — page 35
“Covenanted income receivable during the year from CVCP Properties plc was £732,960 (2024: £628,650). Other transactions with CVCP Properties plc are included in note 24.”
“Covenanted income receivable during the year from Woburn House Conference Centre was £593,072 (2024: £633,540).” — page 35
“Covenanted income receivable during the year from CVCP Properties plc was £732,960 (2024: £628,650). Other transactions with CVCP Properties plc are included in note 24.”
“Covenanted income receivable during the year from Woburn House Conference Centre was £593,072 (2024: £633,540).” — page 35
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- PROFESSOR KAREN MARGARET HOLFORD
- Professor Andrew Malcolm Jones
- Professor Charles Egbu
- Professor Elwen Mair Evans
- Professor Evelyn Welch
- Professor Graham Baldwin
- Professor James Alexander Miller
- Professor Jane Harrington
- Professor Jennifer Mary Higham
- Professor Lisa Oriel Roberts
- Professor Malcolm Colin Press
- Professor Nicholas Jennings
- Professor Paul Bartholomew
- Professor Paul Croney
- Professor Peter Nicholas Hugh Beech
- Professor SALLY LOUISE MAPSTONE
- Professor Sasha Roseneil
- Professor Steven West
- Professor Timothy Simon Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £17.9m | £18.6m |
| 31/07/2024 | £19.1m | £14.6m |
| 31/07/2023 | £17.1m | £16.7m |
| 31/07/2022 | £17.9m | £19.7m |
| 31/07/2021 | £13.7m | £13.3m |
Common questions
Is UNIVERSITIES UK financially healthy?
The accounts state that the group reported a consolidated deficit of £721,000 for the year ended 31 July 2025, primarily due to a £934,000 transfer to UCEA for USS governance review and lower restricted income. Per the trustees' report, free reserves under SORP were £3,763,000, which the trustees consider sufficient to meet current commitments given the nature of the organisation's risks. Its FY2025 accounts were audited by HaysMac LLP.