CARDIFF MET STUDENTS' UNION

Registered charity 1148990 · accounts filings on the Charity Commission register

to provide representational services to the student at Cardiff Met , acting as a channel of communication , facilitating social , recreational and education/welfare services to its members

Causes: Education/training · Amateur Sport · Economic/community Development/employment · Recreation · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.7m
Latest spending
£1.8m
Registered
2012
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £48,828 for the period, resulting in negative total funds of £346,127. The trustees have adopted a reserves policy aiming for approximately £500,000, but the charity currently has no free reserves. Despite the negative equity, the auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“At the period end there was a restricted fund balance of £496. The charity has no free reserves.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Trustee remuneration (including employers pension contributions) paid in respect of their roles totalled £48,033
“Trustees who are elected to the roles of President and Vice President are remunerated for their services on an annual basis. During the year, Trustee remuneration (including employers pension contributions) paid in respect of their roles totalled £48,033 (2024: £46,658).” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity has a wholly owned subsidiary trading company, 'Futura Marketing and Promotions Limited' to undertake all non-charitable activity.
“Profits are gift aided by the subsidiary (Futura Promotions and Marketing Limited) to Cardiff Met Students' Union to a total of £88,525 for the period ended 31 July 2025 (2024: £76,059). There were no further related party transactions for the period ended 31 July 2025 or for the year ended 30 June 2024 which require disclosure.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £464k
“At the period end liability was recognised for the present value of the contributions payable of £464,272”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Futura Marketing and Promotions Limited
“The charity owns 100% of the share capital of Futura Marketing and Promotions Limited, a company governed by its Memorandum and Articles of Association.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Menzies LLP. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/07/2025)

Total income
£1.7m
Total spending
£1.8m
Cost of raising funds
£4k
Reserves (reported)
£0
Employees
28

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (49% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.2% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cardiff

Income and spending

Financial year endIncomeSpending
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?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £48,828 for the period, resulting in negative total funds of £346,127. The trustees have adopted a reserves policy aiming for approximately £500,000, but the charity currently has no free reserves. Despite the negative equity, the auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Menzies LLP.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CARDIFF UNIVERSITY STUDENTS' UNION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CARDIFF MET STUDENTS' UNION£1.7m——below—no doubt
CARDIFF UNIVERSITY STUDENTS' UNION FY2025£14.0m£80,001 - £90,000—unclear—no doubt
TRINITY SAINT DAVID STUDENTS’ UNION FY2025£1.2m£60,001 - £70,0001above739684.0%noted
LEEDS BECKETT STUDENTS' UNION FY2025£2.3m——below—no doubt
UNIVERSITY OF HUDDERSFIELD STUDENTS' UNION FY2025£2.4m£70,000 - £79,9994unclear—no doubt
WARWICK STUDENTS' UNION FY2025£9.2m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.