UNIVERSITY OF DERBY STUDENTS' UNION
Financial health, per its FY2025 accounts
The accounts state that the Union achieved a surplus of £120,345 for the year ended 31 July 2025, driven largely by the release of previous provisions for VAT and pension liabilities. Per the trustees' report, free reserves stood at £616,023, which is above the stated policy target of three months' operating costs (£448,738). The charity remains heavily dependent on a block grant from the University of Derby, which constituted the majority of its incoming resources.
What the accounts disclose
“It was agreed by the Trustee Board that the reserves position is set at 3 months operating costs (£448,738).” — page 63
“During the year, the Union paid fees of £750 to a trustee T Atherton, for the provision of training services (2024: £nil).” — page 96
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (21/06/2017)
Trustees
- Andy Winterchair
- Bradie McDaid
- Darren Cassidy
- Kaeda Hipkiss
- Lucy Whitlock
- Nduka Emmanuel Akubuo
- Rosie Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.7m | £2.9m |
| 31/07/2024 | £2.7m | £2.7m |
| 31/07/2023 | £2.5m | £2.6m |
| 31/07/2022 | £2.4m | £2.5m |
| 31/07/2021 | £1.7m | £1.5m |
Common questions
Is UNIVERSITY OF DERBY STUDENTS' UNION financially healthy?
The accounts state that the Union achieved a surplus of £120,345 for the year ended 31 July 2025, driven largely by the release of previous provisions for VAT and pension liabilities. Per the trustees' report, free reserves stood at £616,023, which is above the stated policy target of three months' operating costs (£448,738). The charity remains heavily dependent on a block grant from the University of Derby, which constituted the majority of its incoming resources. Its FY2025 accounts were audited by Sumer Auditco Limited.