DURHAM STUDENTS' UNION
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £190,877, which is below the trustees' stated policy target of three months of operating costs. The charity reported a net deficit of £46,593 for the year, driven by a reduction in fixed staffing costs and a withdrawal from retail trading, though the trustees anticipate a surplus in the following budget to rebuild reserves.
What the accounts disclose
“At £190878, unrestricted reserves are currently just short of two months operating costs” — page 12
“sabbatical trustees were paid £76,594 (2024 - £121,127) as permitted by the Students' Union's Ordinance and Regulations. No trustee received payment for professional or other services supplied to the charity” — page 38
“Durham University owns the building occupied by Durham Students' Union; a peppercorn rent is charged on this lease. £0 (2024 - £0). At the year end, the Union owed the University a balance of £2,269 (2024 - £0).” — page 45
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Abigail Sophie Taylor
- Ellie Dinsdale
- Emma Caroline Clarke
- Francesca Lundi Brandon-Higgs
- Graeme Aaron Osborn
- Helen Cutting
- Liam Isaac
- Luimeng Hong
- Oliver William John Davis
- Rob John Drury
- Roisin Cunningham
- Thomas James Caleb Ross
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.6m | £2.7m |
| 31/07/2024 | £2.6m | £2.7m |
| 31/07/2023 | £2.6m | £2.5m |
| 31/07/2022 | £2.4m | £2.4m |
| 31/07/2021 | £1.7m | £1.5m |
Common questions
Is DURHAM STUDENTS' UNION financially healthy?
The accounts state that unrestricted reserves stood at £190,877, which is below the trustees' stated policy target of three months of operating costs. The charity reported a net deficit of £46,593 for the year, driven by a reduction in fixed staffing costs and a withdrawal from retail trading, though the trustees anticipate a surplus in the following budget to rebuild reserves. Its FY2025 accounts were audited by Armstrong Watson Audit Limited.