TRINITY SAINT DAVID STUDENTS’ UNION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £83,278 for the year ended 31 July 2024, with total unrestricted reserves of £163,244. However, the trustees note that free reserves are £111,343, which is below the stated policy target of £150,000, and highlight a significant historical pension deficit of £802,220 alongside a reliance on the University as the principal funder as key financial risks.
What the accounts disclose
“The Trustees have adopted a Reserves Policy which set the long-term ambition of £150,000 in reserves.”
“The trustees are aware that the lack of free reserves, together with the economic backdrop, historical pension deficit, and a reliance on the University as the principal funder, will provide a challenging environment in the year to come.” — page 8
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (24/06/2015)
Trustees
- Alaisha Aziz
- Daniel Priddy
- GWYNEIRA DAVIES
- Grant Healey
- Harriet Ross
- John Shanks Paton
- John Wallace
- Kate Love
- Lewis Israel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.2m | £1.1m |
| 31/07/2024 | £1.2m | £1.2m |
| 31/07/2023 | £1.1m | £993k |
| 31/07/2022 | £788k | £676k |
| 31/07/2021 | £788k | £676k |
Common questions
Is TRINITY SAINT DAVID STUDENTS’ UNION financially healthy?
The accounts state that the charity reported a net surplus of £83,278 for the year ended 31 July 2024, with total unrestricted reserves of £163,244. However, the trustees note that free reserves are £111,343, which is below the stated policy target of £150,000, and highlight a significant historical pension deficit of £802,220 alongside a reliance on the University as the principal funder as key financial risks. Its FY2024 accounts were audited by HSJ Audit Limited.