ABERYSTWYTH UNIVERSITY STUDENTS' UNION
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
“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.”
“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
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Alan Roberts
- Alice Leroy
- Catrin Alwena Hughes Moakes
- Daniel Fow
- Francesco Lanzi
- Gwenno Roberts
- Laura Young
- Robert James Hart
- Tristan Wood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.