THE OPEN UNIVERSITY STUDENTS ASSOCIATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net operating deficit of £69,193 for the year ended 31 July 2025, primarily due to increased expenditure on technology and staff restructuring. However, the charity maintains strong liquidity with total unrestricted funds of £1,971,919, which exceeds its stated target reserve level of £1,650,000.
What the accounts disclose
“In the band £80,001 - £90,000 1”
“In the band £80,001 - £90,000 1”
“Target Reserve Level: £1,650,000 (equivalent to approximately nine months of core operating costs).” — page 41
“During the year ended 31 July 2025 the charitable company received £1,878,000 (2024: £2,046,000) from The Open University (OU) in the form of a subvention.” — page 66
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (09/06/2020)
Trustees
- Mark Gareth John Pricechair
- Alan Measures
- Christopher Burdett
- Claire Stibbon
- Danielle Armstrong
- Francesca Rose
- Frank Castle
- Kirsten Munro
- Michael Oladele
- Nicolette Langendam
- Philip Taylor
- Scarlet James
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.2m | £2.2m |
| 31/07/2024 | £2.4m | £2.1m |
| 31/07/2023 | £2.3m | £1.7m |
| 31/07/2022 | £2.2m | £2.9m |
| 31/07/2021 | £2.1m | £1.6m |
Common questions
Is THE OPEN UNIVERSITY STUDENTS ASSOCIATION financially healthy?
The accounts state that the charity reported a net operating deficit of £69,193 for the year ended 31 July 2025, primarily due to increased expenditure on technology and staff restructuring. However, the charity maintains strong liquidity with total unrestricted funds of £1,971,919, which exceeds its stated target reserve level of £1,650,000. Its FY2025 accounts were audited by HaysMac LLP.
What does the highest-paid employee of THE OPEN UNIVERSITY STUDENTS ASSOCIATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.