LEEDS BECKETT STUDENTS' UNION
Financial health, per its FY2025 accounts
The accounts state that the Union reported a surplus of £79,952 for the year ended 30 June 2025, with unrestricted free reserves of £307,455. However, the total net assets are negative £2,010,236, primarily due to a pension scheme liability of £2,334,166. The trustees confirm the Union can continue operating for at least 12 months, relying on confirmed block grant funding and sufficient cash reserves.
What the accounts disclose
“The target figure for unrestricted free reserves was 25% of this amount, which is £366,006 (2024: £420,206). The actual unrestricted free reserves shown in the accounts are £307,455 (2024: £355,514).”
“The Union’s wholly owned subsidiary, Leeds Beckett Students’ Union Trading Limited, was established for the purposes of conducting the non-mutual trading activities of the Union.” — page 17
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Ian Paul Riley
- Kathryn Myhill
- Louise Lapish
- Manan Jain
- Mifrah Khan Deshmukh
- Ntandoyakhe Grace Muzite
- Stephen Dowson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £2.3m | £2.2m |
| 30/06/2024 | £2.3m | £2.4m |
| 30/06/2023 | £2.4m | £2.5m |
| 30/06/2022 | £2.2m | £2.1m |
| 30/06/2021 | £1.9m | £1.7m |
Common questions
Is LEEDS BECKETT STUDENTS' UNION financially healthy?
The accounts state that the Union reported a surplus of £79,952 for the year ended 30 June 2025, with unrestricted free reserves of £307,455. However, the total net assets are negative £2,010,236, primarily due to a pension scheme liability of £2,334,166. The trustees confirm the Union can continue operating for at least 12 months, relying on confirmed block grant funding and sufficient cash reserves. Its FY2025 accounts were audited by S&W Audit.