ABERYSTWYTH UNIVERSITY STUDENTS' UNION

Registered charity 1150576 · accounts filings on the Charity Commission register · also known as AUSU

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Latest income
£1.7m
Latest spending
£1.6m
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an operating loss of £24,197 for the year ended 30 June 2024, with total expenditure exceeding total income. The trustees note that the union is dependent on funding from Aberystwyth University, which is facing financial difficulties, but confirm that current reserves are sufficient to continue as a going concern for at least twelve months.

What the accounts disclose

Going concern: noted by the trustees or auditor
With the University under financial difficulties, they have been unable to uplift the block grant for the 2025/26 year to budgeted levels for the year. The Student's Union have proven that they have sufficient reserves over and above their minimum reserves policy to continue as a going concern for the 2025/26 year.
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Sabbatical officers received remuneration totaling £118,319 (2023: £112,223) and employers' pension contributions of £14,603 (2023: £9,224).
The Trustees' who are sabbatical members of the Aberystwyth University Students Union receive remuneration for their services as allowed by the Education Act 1994. Their salary and NI costs amounted to £118,319(2023: £112,223). 3 of the Trustees' below received employers' pension contributions totalling £14,603 (2023: £9,224). — page 25
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by PJE Audit Services Ltd. Discloses 3 of 6 completeness components.

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

Total income
£1.7m
Total spending
£1.6m
Reserves (reported)
£466k
Employees
14

Reported reserves equal ~3.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Ceredigion

Income and spending

Financial year endIncomeSpending
30/06/2025£1.7m£1.6m
30/06/2024£1.6m£1.6m
30/06/2023£1.6m£1.6m
30/06/2022£1.4m£1.3m
30/06/2021£1.1m£973k

Common questions

Is ABERYSTWYTH UNIVERSITY STUDENTS' UNION financially healthy?

The accounts state that the charity reported an operating loss of £24,197 for the year ended 30 June 2024, with total expenditure exceeding total income. The trustees note that the union is dependent on funding from Aberystwyth University, which is facing financial difficulties, but confirm that current reserves are sufficient to continue as a going concern for at least twelve months. Its FY2024 accounts were audited by PJE Audit Services Ltd.