THE HARPER ADAMS UNIVERSITY STUDENTS' UNION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £40,573 for the year, with total income of £1,558,170 against expenditure of £1,517,597. Free reserves stood at £185,975, which the trustees confirm is within their stated policy range of £90,000 to £350,000. The auditors confirmed that there are no material uncertainties related to the charity's ability to continue as a going concern.
What the accounts disclose
“The current level of unrestricted funds should be set as follows: Lower Limit £90,000. This amount provides HASU with sufficient funds to cover the redundancy of all staff and settle all outstanding financial commitments. Upper Limit £350,000. This will allow Harper Adams Students’ Union the develop the organisation through capital investment, potential new staffing and purchasing of new equipment.” — page 14
“The President of HASU and the Vice President both receive salaries for the year, as authorised in the Union’s governing document, for the representation, campaigning and support work they undertake as distinct from their trustee responsibilities. The President’s salary paid in the year was £25,819 (2023: £22,372). The Vice President’s salary paid in the year was £22,985 (2023: £13,156).” — page 35
“During the year, HASU received a grant of £185,000 (2023: £145,000) from Harper Adams University. At the year end, £27,854 remained outstanding (2023: £16,302). In addition, HASU made purchases totalling £28,321 from Harper Adams University (2023: £42,223). At the year-end £6,189 (2023: £33,638) was due to Harper Adams University. Rent and overheads with an estimated value of £56,200 have also been donated by the University for the year (2023: £56,800). There were no other related party transaction to disclose.” — page 41
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Luke Smithchair
- Andrew Allen
- Helen Ashley
- Howard Littler
- Joshua Tapner
- Marcus Jonathan Nicklin
- RYAN LIGGETT
- Sabrina Edwards Pereira
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.5m | £1.5m |
| 31/07/2024 | £1.6m | £1.5m |
| 31/07/2023 | £1.5m | £1.5m |
| 31/07/2022 | £1.4m | £1.5m |
| 31/07/2021 | £475k | £580k |
Common questions
Is THE HARPER ADAMS UNIVERSITY STUDENTS' UNION financially healthy?
The accounts state that the charity reported a surplus of £40,573 for the year, with total income of £1,558,170 against expenditure of £1,517,597. Free reserves stood at £185,975, which the trustees confirm is within their stated policy range of £90,000 to £350,000. The auditors confirmed that there are no material uncertainties related to the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Dean Statham.