NEWCASTLE UNIVERSITY STUDENTS' UNION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a consolidated loss on general funds of £82,000, which was behind the planned surplus target of £51,000. Per the trustees' report, unrestricted reserves in the general fund reduced to £278,000 due to this deficit, though the trustees plan to maintain reserves at a level of approximately £380,000 in line with their policy of three months of charitable services staffing costs.
What the accounts disclose
Structured financials (annual return, FY ending 28/07/2025)
Register events
- Received assets from another charity (26/11/2015)
Trustees
- Anushka sonwane
- Christopher Duddy
- David Donald Miller
- Emma Monaghan
- Fridey Cordingley
- Georgina Tindale
- Jack Bond
- Kyi Nue Phyu sin
- Naomi Oosman-watts
- Sarah Winship
- Trinity Eadie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/07/2025 | £7.6m | £7.5m |
| 28/07/2024 | £8.1m | £7.7m |
| 28/07/2023 | £6.5m | £6.9m |
| 28/07/2022 | £5.8m | £6.2m |
| 28/07/2021 | £4.1m | £4.0m |
Common questions
Is NEWCASTLE UNIVERSITY STUDENTS' UNION financially healthy?
The accounts state that the charity reported a consolidated loss on general funds of £82,000, which was behind the planned surplus target of £51,000. Per the trustees' report, unrestricted reserves in the general fund reduced to £278,000 due to this deficit, though the trustees plan to maintain reserves at a level of approximately £380,000 in line with their policy of three months of charitable services staffing costs. Its FY2023 accounts were audited by UNW LLP.