STUDENT UNION LETTINGS LIMITED

Registered charity 1149922 · accounts filings on the Charity Commission register · also known as SU LETS

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE THE ADVANCEMENT OF EDUCATION BYPROVIDING AND MANAGING ACCOMMODATION AND RELATED SERVICES FOR EDUCATIONAL INSTITUTIONS,THEIR STUDENTS AND OTHER PERSONS ASSOCIATED WITH EDUCATIONAL INSTITUTIONS. THE COMPANY CURRENTLY OPERATES EXCLUSIVELY IN THE LEICESTER AREA

Objects

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE THE ADVANCEMENT OF EDUCATION BY PROVIDING AND MANAGING ACCOMMODATION AND RELATED SERVICES FOR EDUCATIONAL INSTITUTIONS, THEIR STUDENTS AND OTHER PERSONS ASSOCIATED WITH EDUCATIONAL INSTITUTIONS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Accommodation/housing · website · Get email alerts

Latest income

£1.8m

Latest spending

£1.5m

Registered

2012

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £288,723 for the year ended 30 June 2025, resulting in total unrestricted funds of £2,358,661. The trustees maintain a reserves policy targeting £305,970, which is significantly below the actual unrestricted reserves held. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Highest-paid employee band: £90,001 - £100,000 — in the top quarter for charities its size (median £70k)

“In the band £90,001 - £100,000 1” — page 28

Per its FY2025 accounts as filed with the Charity Commission.

Largest income source: Rentals receivable (58% of income)

“Rentals receivable 1,059,876” — page 24

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: £305,970 (held: £2.4m)

“Our designated reserves policy sum is £305,970” — page 12

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Rented office space from De Montfort Students Union

“The Company has rented office space from De Montfort Students Union during the year at a cost of £20,000 (2024: £20,000). The Company also paid £10,300 (2024: £10,000) in advertising to De Montfort Students Union.” — page 34

“The Company also paid £1,200 (2024: £18,049) for advertising expenses to The University of Leicester Students’ Union.” — page 34

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Advertising expenses paid to The University of Leicester Students’ Union

“The Company has rented office space from De Montfort Students Union during the year at a cost of £20,000 (2024: £20,000). The Company also paid £10,300 (2024: £10,000) in advertising to De Montfort Students Union.” — page 34

“The Company also paid £1,200 (2024: £18,049) for advertising expenses to The University of Leicester Students’ Union.” — page 34

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Property (HM Land Registry)

4 registered titles in England and Wales held by the charity’s company or corporate body (4 freehold); recorded price paid £962k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 30/06/2025)

Total income

£1.8m

Total spending

£1.5m

Reserves (reported)

£2.4m

Employees

11

Reported reserves equal ~18.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (97% 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: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Aisha Ward
Angela Truby
Dr Paul Groves
Gemma Lomas
Liam Davis
Philip Harris
Richard Mark Osborn
Sarah Bradley

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

Operates in: Leicester City

Income and spending

Financial year end	Income	Spending
30/06/2025	£1.8m	£1.5m
30/06/2024	£1.7m	£1.5m
30/06/2023	£1.5m	£1.3m
30/06/2022	£1.5m	£1.3m
30/06/2021	£1.9m	£1.7m

Common questions

Is STUDENT UNION LETTINGS LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £288,723 for the year ended 30 June 2025, resulting in total unrestricted funds of £2,358,661. The trustees maintain a reserves policy targeting £305,970, which is significantly below the actual unrestricted reserves held. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Crowe U.K. LLP.

What does the highest-paid employee of STUDENT UNION LETTINGS LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE HARAMEAD TRUST	1	£35k
BRITISH UNIVERSITIES AND COLLEGES SPORT LIMITED	1	£6k

Charities like this

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

READING UNIVERSITY STUDENTS' UNION income £5.6m
UNIPOL STUDENT HOMES income £24.1m
LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED income £4.0m
THE QUINTIN HOGG MEMORIAL FUND income £243k
OXFORD BROOKES STUDENTS UNION LTD income £1.6m
NUS STUDENTS' UNION CHARITABLE SERVICES income £3.9m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
STUDENT UNION LETTINGS LIMITED	£1.8m	£90,001 - £100,000	—	unclear	—	no doubt
READING UNIVERSITY STUDENTS' UNION FY2025	£5.6m	more than £70,000	2	above	—	no doubt
UNIPOL STUDENT HOMES FY2025	£24.1m	—	7	unclear	—	no doubt
LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED FY2024	£4.0m	£100,001 - £110,000	—	below	—	no doubt
THE QUINTIN HOGG MEMORIAL FUND FY2025	£243k	—	0	unclear	—	no doubt
OXFORD BROOKES STUDENTS UNION LTD FY2025	£1.6m	—	—	unclear	—	no doubt

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