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UNIVERSITY OF LEICESTER STUDENTS' UNION

Registered charity 1137811 · accounts filings on the Charity Commission register · also known as ULSU

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Latest income
£3.0m
Latest spending
£2.8m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Union has total funds of £1,994,577 at year end, with designated funds exceeding total reserves, resulting in a General reserves deficit of £875,705. The auditors issued an unqualified opinion, confirming no material misstatements were detected, although internal control observations regarding VAT and pension auto-enrolment were noted.

What the accounts disclose

Accounts audited by Knox Cropper LLP. Discloses 4 of 6 completeness components.

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

Total income
£3.0m
Total spending
£2.8m
Cost of raising funds
£56k
Reserves (reported)
£1.6m
Employees
93

Reported reserves equal ~7.0 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Leicester City · Leicestershire

Income and spending

Financial year endIncomeSpending
31/07/2025£3.0m£2.8m
31/07/2024£2.8m£2.6m
31/07/2023£2.4m£2.2m
31/07/2022£1.8m£1.5m
31/07/2021£1.7m£1.9m

Common questions

Is UNIVERSITY OF LEICESTER STUDENTS' UNION financially healthy?

The accounts state that the Union has total funds of £1,994,577 at year end, with designated funds exceeding total reserves, resulting in a General reserves deficit of £875,705. The auditors issued an unqualified opinion, confirming no material misstatements were detected, although internal control observations regarding VAT and pension auto-enrolment were noted. Its FY2025 accounts were audited by Knox Cropper LLP.