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WARWICK STUDENTS' UNION

Registered charity 1136894 · accounts filings on the Charity Commission register

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Latest income
£9.2m
Latest spending
£8.0m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £1,171,346 for the year ended 31 July 2025, driven by increased university grants and commercial income. However, the group holds net liabilities of £3,373,477, primarily due to a long-term loan from the University of Warwick taken to buy out a pension scheme liability. Free unrestricted reserves stood at £859,443, which is above the trustees' stated target of £845,000.

What the accounts disclose

Reserves policy: £845,000 (held: £859k)
“The Board of Trustees has agreed that the Union should have an unrestricted reserve target of £845,000.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Gift Aid donation from subsidiary
“The Union received a donation under gift aid from Membership Solutions Limited of £229,331(2024: £353,838). The Union purchased £37,034 (2024: £41,113) of IT services from Membership Solutions Limited and provided £33,161 (2024: £25,316) of services.” — page 56
“The Union received a donation under gift aid from Students' Union Services Warwick Limited of £108,683 (2024: £116,732). The Union purchased £Nil (2024: £Nil) in goods and services from Students' Union Services Warwick Limited and provided £16,531 (2024: £19,478) of services to Students' Union Services Warwick Limited.” — page 56
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Gift Aid donation from subsidiary
“The Union received a donation under gift aid from Membership Solutions Limited of £229,331(2024: £353,838). The Union purchased £37,034 (2024: £41,113) of IT services from Membership Solutions Limited and provided £33,161 (2024: £25,316) of services.” — page 56
“The Union received a donation under gift aid from Students' Union Services Warwick Limited of £108,683 (2024: £116,732). The Union purchased £Nil (2024: £Nil) in goods and services from Students' Union Services Warwick Limited and provided £16,531 (2024: £19,478) of services to Students' Union Services Warwick Limited.” — page 56
Per its FY2025 accounts as filed with the Charity Commission.
Governance: The document states two serious incident reports were made to the Charity Commission, but both resulted in no further action. This is a disclosure of an incident, but the outcome was 'no further action', which typically does not constitute a 'serious incident report' finding in the context of governance failures requiring flagging unless specified as a failure. However, the prompt asks for 'serious incident reports'. The text says: 'During the year, Warwick Students’ Union made two serious incident reports to the Charity Commission, both of which resulted in no further action.' I will include this as a disclosed matter.
“During the year, Warwick Students’ Union made two serious incident reports to the Charity Commission, both of which resulted in no further action.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Dains Audit Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£9.2m
Total spending
£8.0m
Cost of raising funds
£1.6m
Reserves (reported)
£859k
Employees
124

Reported reserves equal ~1.3 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Coventry City · Warwickshire

Income and spending

Financial year endIncomeSpending
31/07/2025£9.2m£8.0m
31/07/2024£9.0m£8.8m
31/07/2023£8.5m£8.5m
31/07/2022£8.0m£6.2m
31/07/2021£5.5m£5.3m

Common questions

Is WARWICK STUDENTS' UNION financially healthy?

The accounts state that the charity reported a net surplus of £1,171,346 for the year ended 31 July 2025, driven by increased university grants and commercial income. However, the group holds net liabilities of £3,373,477, primarily due to a long-term loan from the University of Warwick taken to buy out a pension scheme liability. Free unrestricted reserves stood at £859,443, which is above the trustees' stated target of £845,000. Its FY2025 accounts were audited by Dains Audit Limited.