SWANSEA UNIVERSITY
The University advances learning and knowledge by teaching and research, and engages in activities to promote and contribute to cultural, social and economic development within Wales and beyond.
Financial health, per its FY2025 accounts
The accounts state that the University reported an operating deficit of £39.9m for the year ended 31 July 2025, driven by a 13% decline in income due to reduced international student recruitment and inflationary pressures. Per the trustees' report, the University maintains a strong cash position of £97.6m and unrestricted reserves of £245.9m, but acknowledges that ongoing financial challenges require further savings and cost reductions to ensure future sustainability.
What the accounts disclose
“During the year the University provided the Students Union with the main block grant of £1,192k (2024: £1,167k)” — page 50
“The University also forecast that two of its three banking covenants with the European Investment Bank (EIB) would be breached at 31 July 2025 and successfully negotiated a waiver and amendment letter in November 2024.”
Public-sector contracts awarded
| Buyer | Contract | Awarded | Value |
|---|---|---|---|
| Health Education and Improvement Wales (HEIW) | HEIW Provision of Independent, Supplementary and V150 Community Prescribing Education and Training | — | — |
| Health Education and Improvement Wales (HEIW) | HEIW Provision of Independent, Supplementary and V150 Community Prescribing Education and Training | — | — |
| Health Education and Improvement Wales (HEIW) | HEIW Provision of Independent, Supplementary and V150 Community Prescribing Education and Training | — | — |
| Health Education and Improvement Wales (HEIW) | HEIW Provision of Independent, Supplementary and V150 Community Prescribing Education and Training | — | — |
UK research funding (UKRI Gateway to Research)
- Administrative Data Research Centre - Scotland
- UK Carbon Capture and Storage Research Centre 2017 (UKCCSRC 2017)
- BIOLOGICAL PEST CONTROL OF INSECT PESTS THAT THREATEN TREE HEALTH
- UK Dementias Platform
- Climate change impacts on global wildfire ignitions by lightning and the safe management of landscape fuels
- WISERD Civil Society: Changing perspectives on Civic Stratification and Civil Repair
- Tackling Ageing Continence through Theory Tools and Technology TACT3
- New Frontiers of Lattice Field Theory
- Meta-fibres: Optical fibres with meta-surfaces for advanced optical biopsy through needles
- ISCF Wave 1: North East Centre for Energy Materials
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (15/12/2021)
Trustees
- Carlos Gregorio Ashmorechair
- Anne Catherine Tutt
- Charles Heath Davies
- Dr Phatsimo Mabophiwa
- Edward Illtyd David
- Karen Jones
- Keshav Singhal
- LAURENCE JEROME CARPANINI
- Marcia Ann Sinfield
- Mark Adrian Jones
- Matthew Robert Harris
- Nan Williams
- Professor Michelle Denise Lee
- Professor Paul Joseph Boyle
- Richard Adam Jones
- Richard David Thomas
- Robbie Glyn Richards
- Thomas Michael Navin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £325.6m | £373.0m |
| 31/07/2024 | £381.6m | £298.8m |
| 31/07/2023 | £412.6m | £348.7m |
| 31/07/2022 | £340.1m | £447.6m |
| 31/07/2021 | £360.7m | £332.9m |
Common questions
Is SWANSEA UNIVERSITY financially healthy?
Per its FY2025 accounts: The accounts state that the University reported an operating deficit of £39.9m for the year ended 31 July 2025, driven by a 13% decline in income due to reduced international student recruitment and inflationary pressures. Per the trustees' report, the University maintains a strong cash position of £97.6m and unrestricted reserves of £245.9m, but acknowledges that ongoing financial challenges require further savings and cost reductions to ensure future sustainability. Its FY2025 accounts were audited by KPMG LLP.
Who funds SWANSEA UNIVERSITY?
Funders whose own accounts filings name SWANSEA UNIVERSITY as a grant recipient include Y COLEG CYMRAEG CENEDLAETHOL, HEALTH DATA RESEARCH UK, THE LEVERHULME TRUST, THE CHILDREN'S CANCER AND LEUKAEMIA GROUP, PROSTATE CANCER UK.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Y COLEG CYMRAEG CENEDLAETHOL | FY2023 | £6.5m | |
| HEALTH DATA RESEARCH UK | FY2022 | £2.1m | HDR UK Wales & Northern Ireland |
| HEALTH DATA RESEARCH UK | FY2023 | £2.0m | HDR UK Wales & Northern Ireland Substantive Site |
| THE LEVERHULME TRUST | FY2025 | £1.1m | Research Project Grants / Other Schemes |
| THE CHILDREN'S CANCER AND LEUKAEMIA GROUP | FY2022 | £851k | Support for research |
| THE LEVERHULME TRUST | FY2024 | £847k | |
| THE LEVERHULME TRUST | FY2023 | £597k | |
| PROSTATE CANCER UK | FY2023 | £513k | Better Treatment |
| Y COLEG CYMRAEG CENEDLAETHOL | FY2024 | £508k | |
| THE WOLFSON FOUNDATION | FY2024 | £500k | Equipment for Advanced Semiconductor Wafer Analytical Capability (ASemi-WAC) |
| MULTIPLE SCLEROSIS SOCIETY | FY2024 | £451k | Dr. R Middleton, UK MS Register grant |
| ALZHEIMER'S RESEARCH UK | FY2025 | £409k | |
| Y COLEG CYMRAEG CENEDLAETHOL | FY2025 | £402k | |
| MULTIPLE SCLEROSIS SOCIETY | FY2022 | £381k | Prof David Ford, UK MS Register grants; Other grants awarded and write backs |
| CANCER RESEARCH WALES | FY2024 | £348k | Research projects |
| CANCER RESEARCH WALES | FY2023 | £348k | Cancer drug discovery, blood-based tests for early detection |
| ARMED FORCES COVENANT FUND | FY2023 | £300k | Look Back to Move Forward |
| ARMED FORCES COVENANT FUND | FY2024 | £300k | Transformational Grants Programme |
| THE NUFFIELD FOUNDATION | FY2024 | £286k | Understanding the circumstances of children involved in breach proceedings |
| THE GALEN AND HILARY WESTON FOUNDATION | FY2025 | £276k | Medical |
| THE COLT FOUNDATION | FY2023 | £271k | investigating the differential toxicology of micro-, nano-plastic particulate co-exposure with various ambient air pollutants upon healthy and diseased lung mod |
| THE COLT FOUNDATION | FY2025 | £271k | Investigating the differential toxicology of micro-, nano-plastic particulate co-exposure with various ambient air pollutants upon healthy and diseased lung mod |
| THE COLT FOUNDATION | FY2025 | £271k | Investigating the differential toxicology of micro-, nano-plastic particulate co-exposure with various ambient air pollutants upon healthy and diseased lung mod |
| THE COLT FOUNDATION | FY2025 | £271k | Investigating the differential toxicology of micro-, nano-plastic particulate co-exposure with various ambient air pollutants upon healthy and diseased lung mod |
| THE COLT FOUNDATION | FY2024 | £271k | Investigating the differential toxicology of micro-, nano-plastic particulate co-exposure with various ambient air pollutants upon healthy and diseased lung mod |
| THE ROYAL ACADEMY OF ENGINEERING | FY2025 | £236k | Innovation, Policy and Engagement, Talent and Diversity |
| THE COLT FOUNDATION | FY2025 | £216k | Investigating how night-shift work increases the risk of cancer |
| THE COLT FOUNDATION | FY2025 | £216k | Investigating how night-shift work increases the risk of cancer |
| THE COLT FOUNDATION | FY2025 | £216k | Investigating how night-shift work increases the risk of cancer |
| THE COLT FOUNDATION | FY2024 | £206k | Investigating how night-shift work increases the risk of cancer. |
| Y COLEG CYMRAEG CENEDLAETHOL | FY2022 | £136k | |
| BRACE | FY2022 | £134k | PhD research projects |
| BRACE | FY2025 | £103k | PhD grant to investigate ‘Characterising T-Cell Responses in Dementia - Silencing Proinflammatory Signalling Via Gut-brain Peptides’ |
| BRACE | FY2023 | £93k | Research grants |
| BRACE | FY2025 | £66k | Pilot project award for ‘development of new ageing-related models of dementia using African Turquoise Killifish’ |
| THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY) | FY2022 | £65k | RS Challenge Grants |
| THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY) | FY2023 | £63k | Grants to institutions |
| THE GALEN AND HILARY WESTON FOUNDATION | FY2023 | £61k | |
| SIR HALLEY STEWART TRUST | FY2022 | £60k | |
| MULTIPLE SCLEROSIS SOCIETY | FY2021 | £54k | UK MS Register grants |
| EPILEPSY RESEARCH INSTITUTE UK | FY2023 | £50k | Using large-scale data and artificial intelligence for refractory epilepsy research |
| CANCER RESEARCH WALES | FY2026 | £40k | Research projects |
| THE BURDETT TRUST FOR NURSING | FY2021 | £39k | Development of a digital package that increases nursing students' knowledge of deaf awareness |
| WELLBEING OF WOMEN | FY2025 | £30k | NEUTRAL - Nasal Epithelial Upper respiratory Tract Response to Altered neutrophiL function in pregnancy |
| THE MODERN HUMANITIES RESEARCH ASSOCIATION | FY2025 | £28k | Critical edition of the Collected Works of Elias Canetti |
| THE ARMOURERS AND BRASIERS GAUNTLET TRUST | FY2023 | £25k | Undergraduate Level |
| THE CHILDREN'S CANCER AND LEUKAEMIA GROUP | FY2025 | £22k | Support for research |
| MULTIPLE SCLEROSIS SOCIETY | FY2023 | £15k | Other grants awarded and write backs. |
| THE ROAD SAFETY TRUST | FY2022 | £13k | What is safe? Developing a perceived road safety indicators measurement tool for pedestrians and cycle users |
| THE ROYAL NATIONAL INSTITUTE FOR DEAF PEOPLE | FY2025 | £10k | Medical research into hearing loss |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 04/04/2023 | £50k | "South Wales MinersÂ’ Library: Feasibility Study" |
| The National Lottery Heritage Fund | 04/10/2022 | £10k | "A Swansea Story" |
| UK government | 01/04/2019 | £27k | NPIF EPSRC CDT 2018 equipment funding Swansea University |
| UK government | 01/04/2019 | £182k | The Social Worlds of Steel. Re-thinking Industrial History and Heritage |
| UK government | 01/04/2019 | £256k | PARSER: Parking and AiR pollution SEnsoRs for Smart Cities |
| UK government | 01/04/2019 | £126k | Low-cost printed flexible solar cells as substitute for current (1st and 2nd generation) photovoltaics for building integrated applications in India |
| UK government | 01/04/2019 | £748k | Mass Spectrometry Based Lipidomics and Metabolomics to Drive Bioscience Discovery |
| UK government | 01/04/2019 | £19k | Newton Fund China-UK Research and Innovation Bridges Competition 2015 Project Title: Graphene biosensor for point of care hepatitis diagnostics - Amendment 3 Extension for Impact |
| UK government | 01/04/2019 | £808k | Power to the People: Democratising energy through decentralised manufacture and production of affordable, reliable, sustainable solar power |
| UK government | 01/04/2019 | £263k | Deterministic encapsulation of particles and cells through viscoelastic ordering in microfluidic devices |
| UK government | 01/04/2019 | £1.1m | Novel Manufacturing for Resource Efficient Electrochemical Storage (NoRESt) |
| UK government | 01/04/2019 | £172k | GaNTT - Gallium Nitride Trench-FET Development for Automotive Power Applications |
| UK government | 01/04/2019 | £40k | 100kVA/litre power density motor controller |
| UK government | 01/04/2019 | £115k | Swansea University and SPTS Technologies Ltd |
| UK government | 01/04/2019 | £166k | EEN ENIW SGA4 |
| UK government | 01/04/2019 | £10k | Stardust Hunters |
| UK government | 01/04/2019 | £527k | Advancing 3D Fuel Mapping for Wildfire Behaviour and Risk Mitigation Modelling |
| UK government | 01/04/2019 | £285k | Prosperity Partnership Call 2 Strategic Students-Tata Steel and Swansea University |
| UK government | 01/04/2019 | £40k | Growth and Remodelling in the Porcine Heart-- Pushing Mathematics through Experiments |
| UK government | 01/04/2019 | £148k | STFC Swansea 2019 DTP |
| UK government | 01/04/2019 | £5.4m | UKRI Centre for Doctoral Training in Artificial Intelligence, Machine Learning and Advanced Computing |
| UK government | 01/04/2019 | £658k | Frictional flow patterns shaped by viscous and capillary forces (FriicFlow) |
| UK government | 01/04/2019 | £10.3m | SUSTAIN Manufacturing Hub |
| UK government | 01/04/2019 | £149k | Swansea University Confidence in Concept 2019 |
| UK government | 01/04/2019 | £5.0m | EPSRC Centre for Doctoral Training in Enhancing Human Interactions and Collaborations with Data and Intelligence Driven Systems |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITISH ACADEMY FOR THE PROMOTION OF HISTORICAL PHILOSOPHICAL AND PHILOLOGICAL STUDIES | 2 | £1.8m |
| UK DRI LTD | 1 | £20.8m |
| THE JANE HODGE FOUNDATION | 1 | £5.1m |
| Blood Cancer UK Research | 1 | £1.2m |
| JUVENILE DIABETES RESEARCH FOUNDATION LIMITED | 1 | £1.2m |
| THE BRITISH DIABETIC ASSOCIATION | 1 | £1.0m |
| MYRISTICA TRUST | 1 | £1.0m |
| FOUNDATIONS - WHAT WORKS CENTRE FOR CHILDREN AND FAMILIES | 1 | £883k |
Charities like this
- SWANSEA UNIVERSITY STUDENTS' UNION
- UNIVERSITY OF SOUTH WALES/PRIFYSGOL DE CYMRU
- CARDIFF UNIVERSITY
- USWSU
- BANGOR UNIVERSITY
- Swansea Bay University LHB Charitable Fund and Other Related Charities
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SWANSEA UNIVERSITY | £325.6m | — | — | unclear | — | no doubt |
| SWANSEA UNIVERSITY STUDENTS' UNION | £5.8m | — | — | above | — | no doubt |
| UNIVERSITY OF SOUTH WALES/PRIFYSGOL DE CYMRU | £224.9m | — | — | unclear | — | no doubt |
| CARDIFF UNIVERSITY | £634.1m | — | — | above | — | no doubt |
| USWSU | £2.1m | — | 0 | below | — | no doubt |
| BANGOR UNIVERSITY | £160.4m | £180,000 - £184,999 | 0 | unclear | — | no doubt |