LONDON BUSINESS SCHOOL STUDENT ASSOCIATION
Student Association
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £50,061 for the year ended 31 July 2025, a significant improvement from the £205,367 deficit in the prior year. Per the trustees' report, unrestricted reserves stand at £205,345, which the Trustees consider adequate to meet working capital requirements for twelve months. The charity maintains a strong cash position of £1,073,769 and confirms that the going concern basis of accounting is appropriate.
What the accounts disclose
“Reserves as at 31 July 2025 total £680,272 but of that £474,927 is restricted as Clubs’ funds, leaving a basic reserve of £205,345 which the Trustees consider adequate to meet its working capital for twelve months.” — page 8
“London Business School Student Association (BLSSA) receives a grant from the London Business School (LBS). The amount receivable in the current year was £429,835 (2024: £420,502). LBSSA has been charged by LBS for catering services amounting £312,293 (2024: £309,065). The finance department of the London Business School provides accountancy services for the school. In the current year this service cost the Student Association £85,114 (2024: £95,261). At the year-end 31 July 2025 London Business School Student Association owes a total of £246,017 to London Business School (2024: £53,494)” — page 22
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Angela Chan
- Cameron Cain Howlett
- Felipe Vanderlinde Schiavon
- Liam Ashworth
- Lilian Crawford
- Lucas Rodriguez
- Maggie McNamara
- Michael Bartholomew Ongkauko
- Prerna Arora
- Rodrigo Suarez Castro
- Shubhangi Sharma
- Tania Davila
- Vaibhav Neelakantan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.5m | £2.5m |
| 31/07/2024 | £2.1m | £2.4m |
| 31/07/2023 | £2.2m | £2.3m |
| 31/07/2022 | £2.5m | £2.8m |
| 31/07/2021 | £1.1m | £751k |
Common questions
Is LONDON BUSINESS SCHOOL STUDENT ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £50,061 for the year ended 31 July 2025, a significant improvement from the £205,367 deficit in the prior year. Per the trustees' report, unrestricted reserves stand at £205,345, which the Trustees consider adequate to meet working capital requirements for twelve months. The charity maintains a strong cash position of £1,073,769 and confirms that the going concern basis of accounting is appropriate. Its FY2025 accounts were audited by Crowe UK LLP.
Charities like this
- PHILADELPHIA ASSOCIATION LIMITED
- NORTHAMPTON STUDENTS' UNION
- EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT
- LONDON SCHOOL OF ECONOMICS STUDENTS' UNION
- UNIVERSITY OF THE ARTS LONDON STUDENTS' UNION
- U3A IN LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LONDON BUSINESS SCHOOL STUDENT ASSOCIATION | £2.5m | — | 0 | within | — | no doubt |
| PHILADELPHIA ASSOCIATION LIMITED | £221k | — | 0 | above | 278156.0% | no doubt |
| NORTHAMPTON STUDENTS' UNION | £1.7m | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT | £1.1m | £90,001 - £100,000 | — | above | — | no doubt |
| LONDON SCHOOL OF ECONOMICS STUDENTS' UNION | £5.9m | — | 0 | unclear | — | no doubt |
| UNIVERSITY OF THE ARTS LONDON STUDENTS' UNION | £4.1m | £60,000 - £100,000 | 3 | above | — | no doubt |