CARDIFF MET STUDENTS' UNION
Financial health, per its FY2023 accounts
The accounts state that the group reported a net surplus of £9,047 for the year, but total funds carried forward were negative £132,306 due to a significant pension provision of £504,923. The trustees' report notes that the group has no free reserves and relies on block grant funding from the University, which has been confirmed for the following year. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The charity has a wholly owned subsidiary trading company, 'Futura Marketing and Promotions Limited' to undertake non-charitable activity.” — page 8
Leadership, per the charity’s website
- Muskaan Ali — SU Activities & Communities President
- Suzann George — SU Education & Welfare President
- Ashhar Khan — SU Experience & Inclusion President
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (17/04/2013)
Trustees
- ALED LEWIS
- ASHHAR KHAN
- CERI WILCOCK
- Claire Blanchard
- ELGAN HUGHES
- MUSKAAN ALI
- ZAC HARVEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.7m | £1.8m |
| 30/06/2024 | £2.1m | £2.2m |
| 30/06/2023 | £2.1m | £2.1m |
| 30/06/2022 | £2.0m | £1.9m |
| 30/06/2021 | £1.7m | £1.6m |
Common questions
Is CARDIFF MET STUDENTS' UNION financially healthy?
The accounts state that the group reported a net surplus of £9,047 for the year, but total funds carried forward were negative £132,306 due to a significant pension provision of £504,923. The trustees' report notes that the group has no free reserves and relies on block grant funding from the University, which has been confirmed for the following year. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by MHA.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRITISH UNIVERSITIES AND COLLEGES SPORT LIMITED | 1 | £1k |