WORCESTER STUDENTS' UNION
Students' Union for students registered for a course of study with the University of Worcester
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit for the year of £8,233, resulting in unrestricted funds falling to a negative balance of £213,741. Per the trustees' report, the charity remains dependent on the University's block grant and faces financial strain due to a static grant and rising costs, though it maintains a going concern status.
What the accounts disclose
“The level of reserves needed at any one time was reviewed again in-year by the Trustee Board and was agreed to remain at 3 months’ operating costs (as defined by the annual budgeted organisational expenditure), known as the ‘operating reserve’.” — page 19
“Each of the Executive Committee's sabbatical officers received remuneration as authorised in the Union's governing document, for the representation, campaigning and support work they undertake as distinct from their trustee responsibilities.” — page 39
“The liability provided for in respect of the SUSS pension deficit amounted decreased to £355,727 (2024: £367,424) at 31 July 2025” — page 45
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Clara Day
- Harish Tank
- Ian Hamley
- Lois Stevens
- Mamta Mittal
- Naifa Juma
- William David Callaway
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £984k | £992k |
| 31/07/2024 | £1.0m | £1.0m |
| 31/07/2023 | £991k | £1.1m |
| 31/07/2022 | £1.0m | £1.0m |
| 31/07/2021 | £815k | £817k |
Common questions
Is WORCESTER STUDENTS' UNION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit for the year of £8,233, resulting in unrestricted funds falling to a negative balance of £213,741. Per the trustees' report, the charity remains dependent on the University's block grant and faces financial strain due to a static grant and rising costs, though it maintains a going concern status. Its FY2025 accounts were audited by Knox Cropper LLP.