UNIVERSITY OF THE ARTS LONDON STUDENTS' UNION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £49,477 for the year ended 31 July 2025, resulting in a decrease in total funds. However, unrestricted reserves stood at £600,579, which is above the stated policy target of £300,000, and the trustees consider the union financially viable for the foreseeable future.
What the accounts disclose
“Three employees (2023: three) earned a gross of £60,000 - £100,000 during the year after applying the discretionary cost-of-living increase and pay progression.”
“Three employees (2023: three) earned a gross of £60,000 - £100,000 during the year after applying the discretionary cost-of-living increase and pay progression.”
“In December 2021, Arts SU revised its reserves policy to require general (unrestricted) reserves of at least £300,000.” — page 12
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Andrew Morwood
- Anzhi Xie
- Aya Qaddourah
- Ayon Ghosh
- Daryl Elaine Stenvoll-Wells
- Dawn Buchanan
- Ellie Bindi Walsh-O'Neill
- Jianing Lu
- Parul Shukla
- Summer Lam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £4.1m | £4.2m |
| 31/07/2024 | £4.2m | £4.3m |
| 31/07/2023 | £4.1m | £4.1m |
| 31/07/2022 | £3.4m | £3.3m |
| 31/07/2021 | £3.2m | £2.9m |
Common questions
Is UNIVERSITY OF THE ARTS LONDON STUDENTS' UNION financially healthy?
The accounts state that the charity reported a net deficit of £49,477 for the year ended 31 July 2025, resulting in a decrease in total funds. However, unrestricted reserves stood at £600,579, which is above the stated policy target of £300,000, and the trustees consider the union financially viable for the foreseeable future. Its FY2025 accounts were audited by Knox Cropper LLP.
What does the highest-paid employee of UNIVERSITY OF THE ARTS LONDON STUDENTS' UNION earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 3 employees earned over £60,000.