Staffordshire Students' Union
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £92,196 for the year ended 31 July 2024, resulting in total unrestricted funds excluding pension liabilities of £933,893. The trustees confirm that cash holdings are sufficient to ensure adequate cashflow for the foreseeable future, with no material uncertainties regarding the going concern basis. The charity remains dependent on a block grant from Staffordshire University, which is considered fundamental to its financial stability.
What the accounts disclose
“The Reserves policy recognises that reserves are necessary to maintain the day-to-day operations of the Union for a period of up to 4 months, should anything disrupt its income sources. This would currently equate to approximately £428,000.” — page 15
“During the year, Trustees received remuneration of £80,249 (2023: £90,119). Each of the Executive Committee's sabbatical officers received remuneration as authorised in the Union governing document for the representation, campaigning and support work they undertake as distinct from their trustee responsibilities.” — page 41
“Staffordshire University Students' Union is in receipt of a Block Grant of £832,000 (2023 - £832,000).” — page 51
“The Student Union occupies its building on a rent-free basis. Donated services have been included in both income and expenditure in respect of this for £302,600 (2023 - £302,600).”
“Staffordshire University Students' Union is in receipt of a Block Grant of £832,000 (2023 - £832,000).” — page 51
“The Student Union occupies its building on a rent-free basis. Donated services have been included in both income and expenditure in respect of this for £302,600 (2023 - £302,600).”
“Staffordshire University Students' Union is in receipt of a Block Grant of £832,000 (2023 - £832,000).” — page 51
“The Student Union occupies its building on a rent-free basis. Donated services have been included in both income and expenditure in respect of this for £302,600 (2023 - £302,600).”
“Staffordshire University Students' Union is in receipt of a Block Grant of £832,000 (2023 - £832,000).” — page 51
“The Student Union occupies its building on a rent-free basis. Donated services have been included in both income and expenditure in respect of this for £302,600 (2023 - £302,600).”
“The sole shareholder of its trading subsidiary Staffordshire Students Union Enterprises limited (company reg 09849741).” — page 4
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (19/07/2018)
Trustees
- Precious Oluchukwu Ogbeinchair
- Ashleen Kaur
- Aurelia Brzezowska
- Leah Thompson
- Lilith Drizzle
- Milan Nad
- Sophie Deegan-Brooks
- Vicky Banks
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.8m | £2.9m |
| 31/07/2024 | £2.9m | £3.0m |
| 31/07/2023 | £3.0m | £3.1m |
| 31/07/2022 | £2.9m | £2.9m |
| 31/07/2021 | £2.0m | £1.9m |
Common questions
Is Staffordshire Students' Union financially healthy?
The accounts state that the charity reported a net deficit of £92,196 for the year ended 31 July 2024, resulting in total unrestricted funds excluding pension liabilities of £933,893. The trustees confirm that cash holdings are sufficient to ensure adequate cashflow for the foreseeable future, with no material uncertainties regarding the going concern basis. The charity remains dependent on a block grant from Staffordshire University, which is considered fundamental to its financial stability. Its FY2024 accounts were audited by Dains Audit Limited.