UNIVERSITY OF SUNDERLAND STUDENTS' UNION
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating surplus of £118,542 for the year ended 31 July 2025. However, the accumulated income and expenditure reserves show an overall deficit of £1,305,977, primarily due to pension scheme liabilities under FRS102. Despite this, unrestricted reserves total £250,000, which exceeds the trustees' stated policy target of £200,000, leading them to consider the level of reserves sustainable.
What the accounts disclose
“Following this policy the Trustees have set a target of the Union holding £200,000 in unrestricted funds (not including the pension deficit reserve).”
“These two posts of President: Sunderland and President: London are full-time posts remunerated as authorised by the Education Acts and cannot exceed two years duration for each holder.” — page 4
“The Union receives a Block Grant from the University and part-occupies a building owned by the University, which also pays for utilities, caretaking and cleaning staff. This non-monetary support is intrinsic to the relationship between the University and the Union.”
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Adewunmi Adeoye
- Alan Christopher lawley-Powell
- Ishahak Khadgi
- Jacqueline Anne Clements
- Kayleigh Hesse
- Matthew Thomas Pendergast
- Olivia Kerr
- Paul Athey
- Suraj Acharya
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.3m | £1.2m |
| 31/07/2024 | £1.4m | £1.4m |
| 31/07/2023 | £1.4m | £1.3m |
| 31/07/2022 | £1.7m | £1.1m |
| 31/07/2021 | £1.4m | £1.2m |
Common questions
Is UNIVERSITY OF SUNDERLAND STUDENTS' UNION financially healthy?
The accounts state that the charity reported an operating surplus of £118,542 for the year ended 31 July 2025. However, the accumulated income and expenditure reserves show an overall deficit of £1,305,977, primarily due to pension scheme liabilities under FRS102. Despite this, unrestricted reserves total £250,000, which exceeds the trustees' stated policy target of £200,000, leading them to consider the level of reserves sustainable. Its FY2025 accounts were audited by Azets.