HULL UNIVERSITY STUDENTS' UNION LIMITED
Financial health, per its FY2025 accounts
The accounts state that the group reported a net income of £151,858 for the year ended 31 July 2025, with total unrestricted funds carried forward of £2,536,582. The trustees maintain a reserves policy target of £1.2m to cover six months of operating costs, and the actual free reserves of £2,353,024 exceed this target. 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 policy, reviewed in July 2025, is to hold £1.2m of free reserves to meet 6 months of operating costs of the group” — page 8
“This results in a liability on the balance sheet of £315,539 for the group.” — page 22
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (05/12/2015)
Trustees
- Charlotte Ruth Monck
- Emmanuel Oriyomi Asolo
- Frankie Marc Williams
- Gaurav Dobhal
- Helen Alexander Duncan
- MATTHEW BURMAN LLOYD
- Neha --
- Philip Graham Dolling
- Robert James Finnis
- Sarah Elizabeth Latham
- Simon Merriweather
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £6.9m | £6.8m |
| 31/07/2024 | £7.3m | £7.0m |
| 31/07/2023 | £6.5m | £6.4m |
| 31/07/2022 | £5.3m | £5.8m |
| 31/07/2021 | £3.3m | £3.3m |
Common questions
Is HULL UNIVERSITY STUDENTS' UNION LIMITED financially healthy?
The accounts state that the group reported a net income of £151,858 for the year ended 31 July 2025, with total unrestricted funds carried forward of £2,536,582. The trustees maintain a reserves policy target of £1.2m to cover six months of operating costs, and the actual free reserves of £2,353,024 exceed this target. 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 Sadofskys.