DE MONTFORT UNIVERSITY STUDENTS' UNION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £22,656 for the year ended 31 July 2025, with total income of £1,854,428. However, the net assets show a deficit of £210,864, which the trustees attribute primarily to a defined benefit pension scheme liability of £842,706. The trustees confirm that cash reserves remain adequate to meet liabilities as they become due for at least twelve months.
What the accounts disclose
“In the band £70,001 - £80,000” — page 31
“Currently three months operating costs is budgeted to be approximately circa £440,000 and the estimated redundancy costs are c£48,000 which is a total of £488,000 which is higher than the level of free reserves held of circa £445,000.”
“Purchases of £80,005 (2024: £38,747) were made from De Montfort Expertise Ltd, a wholly owned subsidiary of De Montfort University. At the year end a balance of £7,503 (2024: £7,019) was owed to De Montfort Expertise Ltd.” — page 41
“The Charitable Company received £12,333 (2024: £10,000) from Sulets for advertising and £21,667 (2024: £20,000) for rent.” — page 41
“Purchases of £80,005 (2024: £38,747) were made from De Montfort Expertise Ltd, a wholly owned subsidiary of De Montfort University. At the year end a balance of £7,503 (2024: £7,019) was owed to De Montfort Expertise Ltd.” — page 41
“The Charitable Company received £12,333 (2024: £10,000) from Sulets for advertising and £21,667 (2024: £20,000) for rent.” — page 41
“the balance sheet of charitable company includes a liability of £842,706 (2024: £875,836), which represents the net present value of all future contributions towards eliminating this shortfall.” — page 39
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Aftab Sayed
- Amira Mohamed Taher
- Badhri Sai Purnima Raj Durgapu
- Beverley Shears
- Dilpreet Kaur
- Geoff Kershaw
- Muhammad Omair Razza
- Ogechi Precious Ikechukwo
- Philip Gilks
- Rita Bullivant
- Suzan Oreofeoluwa Owoseni
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.9m | £1.8m |
| 31/07/2024 | £1.9m | £1.8m |
| 31/07/2023 | £1.8m | £1.8m |
| 31/07/2022 | £1.9m | £1.8m |
| 31/07/2021 | £1.7m | £1.7m |
Common questions
Is DE MONTFORT UNIVERSITY STUDENTS' UNION financially healthy?
The accounts state that the charity reported a surplus of £22,656 for the year ended 31 July 2025, with total income of £1,854,428. However, the net assets show a deficit of £210,864, which the trustees attribute primarily to a defined benefit pension scheme liability of £842,706. The trustees confirm that cash reserves remain adequate to meet liabilities as they become due for at least twelve months. Its FY2025 accounts were audited by Cooper Parry Group Limited.
What does the highest-paid employee of DE MONTFORT UNIVERSITY STUDENTS' UNION earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band.