NUS STUDENTS' UNION CHARITABLE SERVICES
Financial health, per its FY2025 accounts
The accounts state that the charity group ended the year with a consolidated surplus of £640k and unrestricted reserves of £4.54m, which the trustees confirm is comfortably in excess of their policy target of six months' operating costs. The trustees confirm the charity has sufficient funds to meet all obligations, although the going concern assessment identified risks regarding members' ability to pay contributions and revenue from the purchasing consortium.
What the accounts disclose
“the policy was revised to target the consolidated Charity with holding six month’s operating costs in unrestricted reserves.”
“NUS Services recognises the net present value of its future deficit recovery contributions as a provision on the balance sheet. At the end of the 2024/25 financial year this represents a liability of £841,360.”
Structured financials (annual return, FY ending 30/06/2025)
Register events
- Received assets from another charity (07/05/2013)
- Received assets from another charity (07/05/2013)
Trustees
- ABBY WILSON
- Graeme Kirkpatrick
- KIRSTY MORRISON
- Lucy Hart
- Manpreet Kaur Dhesi
- Rebecca Turton
- Samantha Omondi
- Trish McGrath
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £3.9m | £3.2m |
| 30/06/2024 | £3.9m | £3.4m |
| 30/06/2023 | £3.8m | £3.8m |
| 30/06/2022 | £3.5m | £3.5m |
| 30/06/2021 | £1.1m | £1.5m |
Common questions
Is NUS STUDENTS' UNION CHARITABLE SERVICES financially healthy?
The accounts state that the charity group ended the year with a consolidated surplus of £640k and unrestricted reserves of £4.54m, which the trustees confirm is comfortably in excess of their policy target of six months' operating costs. The trustees confirm the charity has sufficient funds to meet all obligations, although the going concern assessment identified risks regarding members' ability to pay contributions and revenue from the purchasing consortium. Its FY2025 accounts were audited by Dains Audit Limited.