THE UNIVERSITY OF PLYMOUTH STUDENTS' UNION
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a net surplus of £151,029, though it maintains a negative net asset position of £25,738 due to a significant pension liability. Per the trustees' report, free reserves stood at £717,000, which is above the stated policy target of £554,000, and the trustees confirm sufficient funds to meet obligations.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: Group 2025 No. In the band £60,001 - £70,000 2” — page 32
“UPSU is in receipt of a recurrent Block Grant from the University of Plymouth of £2,103,996 (2024: £2,103,996). UPSU occupies its buildings under a licence to occupy and paid rent to the University of Plymouth of £580,752 (2024: £580,752).” — page 46
“UPSU receives a block grant from the University, and occupies buildings owned or leased by the University for an Annual Charge of £581k. which also includes some utilities.” — page 6
“UPSU is in receipt of a recurrent Block Grant from the University of Plymouth of £2,103,996 (2024: £2,103,996). UPSU occupies its buildings under a licence to occupy and paid rent to the University of Plymouth of £580,752 (2024: £580,752).” — page 46
“UPSU receives a block grant from the University, and occupies buildings owned or leased by the University for an Annual Charge of £581k. which also includes some utilities.” — page 6
“UPSU is in receipt of a recurrent Block Grant from the University of Plymouth of £2,103,996 (2024: £2,103,996). UPSU occupies its buildings under a licence to occupy and paid rent to the University of Plymouth of £580,752 (2024: £580,752).” — page 46
“UPSU receives a block grant from the University, and occupies buildings owned or leased by the University for an Annual Charge of £581k. which also includes some utilities.” — page 6
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (11/09/2019)
Trustees
- Anna Nedden
- Anthony Haynes
- David Edward De-Beger
- Elizabeth Schulz
- Emily Pinn
- Naomi Lauryn Wrigley
- Paul Northmore
- Poppy Firth
- Vriti Tangri
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £4.8m | £4.7m |
| 31/07/2024 | £5.2m | £5.3m |
| 31/07/2023 | £5.3m | £5.4m |
| 31/07/2022 | £5.0m | £4.6m |
| 31/07/2021 | £3.2m | £3.1m |
Common questions
Is THE UNIVERSITY OF PLYMOUTH STUDENTS' UNION financially healthy?
The accounts state that the charity ended the year with a net surplus of £151,029, though it maintains a negative net asset position of £25,738 due to a significant pension liability. Per the trustees' report, free reserves stood at £717,000, which is above the stated policy target of £554,000, and the trustees confirm sufficient funds to meet obligations. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.