Charity Accounts Intelreading the accounts so you don’t have to

OXFORD UNIVERSITY STUDENT UNION

Registered charity 1140687 · accounts filings on the Charity Commission register · also known as OUSU

Get email alerts for this charity

Latest income
£1.1m
Latest spending
£1.1m
Registered
2011
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the independent auditor identified the override of controls by management as the greatest risk of material impact on the financial statements due to irregularities and fraud. The auditor's report does not disclose specific financial figures regarding reserves, income, or expenditure in the provided text. Consequently, the financial health cannot be fully assessed from this excerpt alone, though an audit opinion was issued.

What the accounts disclose

Governance: The document identifies 'override of controls by management' as the greatest risk of material impact from irregularities/fraud, which constitutes a serious internal control failure matter explicitly stated in the auditor's report.
“We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the override of controls by management.” — page 35
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£1.1m
Total spending
£1.1m
Cost of raising funds
£137k
Reserves (reported)
£194k
Employees
11

Reported reserves equal ~2.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Oxfordshire

Income and spending

Financial year endIncomeSpending
31/07/2025£1.1m£1.1m
31/07/2024£1.1m£1.1m
31/07/2023£1.1m£938k
31/07/2022£1.1m£1.1m
31/07/2021£1.0m£986k

Common questions

Is OXFORD UNIVERSITY STUDENT UNION financially healthy?

The accounts state that the independent auditor identified the override of controls by management as the greatest risk of material impact on the financial statements due to irregularities and fraud. The auditor's report does not disclose specific financial figures regarding reserves, income, or expenditure in the provided text. Consequently, the financial health cannot be fully assessed from this excerpt alone, though an audit opinion was issued. Its FY2023 accounts were audited by Crowe U.K. LLP.