FALMOUTH & EXETER STUDENTS' UNION

Registered charity 1193045 · accounts filings on the Charity Commission register

Promoting the interests and welfare of it's Students and representing, supporting and advising Students; Being the recognised representative channel between Students and the universities and other external bodies; Providing social, cultural, sporting and recreational activities and forums for discussions and debate for the personal development of its Students.

Causes: Education/training · website · Get email alerts

Latest income
£941k
Latest spending
£912k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a surplus of £28,828 for the year ended 31 July 2025, with total income of £940,574 against total costs of £911,746. Per the trustees' report, free unrestricted reserves stood at £449,734, which meets the stated policy target of three months' running costs. The trustees confirmed adequate resources for the foreseeable future, noting that grant income for the following year has been confirmed by both universities.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Grants (96% of income)
Grant income of £899,810 was generated by the block grant to fund the charitable activities of the SU, with a grant of £500,000 from Falmouth University and £399,810 from the University of Exeter. — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of organisation's core activity (held: £450k)
The SU trustees have set a reserves policy where reserves are built and maintained at a level which ensures that three months of organisation's core activity could continue during a period of unforeseen difficulty. — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Falmouth University provided block grant funding of £500,000. Other expenses of £6,421 were charged to the SU and £6,825 was charged by the SU.
During the year Falmouth University (Falmouth) provided total block grant funding of £500,000 (2024: £500,000). In addition, other expenses of £6,421 (2024: £10,099) were charged to Falmouth & Exeter Students' Union and £6,825 (2024: £6,934) was charged by Falmouth & Exeter Students' Union. — page 39
During the year University of Exeter, Cornwall Campus provided total block grant funding of £398,010 (2024: £377,740). During the year an amount of £400 (2024: £Nil) was charged to Falmouth & Exeter Students' Union and £12,889 (2024: £7,634) was charged by Falmouth & Exeter Students' Union. — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: University of Exeter provided block grant funding of £398,010. £400 was charged to the SU and £12,889 was charged by the SU.
During the year Falmouth University (Falmouth) provided total block grant funding of £500,000 (2024: £500,000). In addition, other expenses of £6,421 (2024: £10,099) were charged to Falmouth & Exeter Students' Union and £6,825 (2024: £6,934) was charged by Falmouth & Exeter Students' Union. — page 39
During the year University of Exeter, Cornwall Campus provided total block grant funding of £398,010 (2024: £377,740). During the year an amount of £400 (2024: £Nil) was charged to Falmouth & Exeter Students' Union and £12,889 (2024: £7,634) was charged by Falmouth & Exeter Students' Union. — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: FX Plus charged the SU £36,000 for expenditure; the SU invoiced FX Plus £268.
During the year Falmouth University (Falmouth) provided total block grant funding of £500,000 (2024: £500,000). In addition, other expenses of £6,421 (2024: £10,099) were charged to Falmouth & Exeter Students' Union and £6,825 (2024: £6,934) was charged by Falmouth & Exeter Students' Union. — page 39
During the year University of Exeter, Cornwall Campus provided total block grant funding of £398,010 (2024: £377,740). During the year an amount of £400 (2024: £Nil) was charged to Falmouth & Exeter Students' Union and £12,889 (2024: £7,634) was charged by Falmouth & Exeter Students' Union. — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Cornwall Plus charged the SU £460 for expenditure.
During the year Falmouth University (Falmouth) provided total block grant funding of £500,000 (2024: £500,000). In addition, other expenses of £6,421 (2024: £10,099) were charged to Falmouth & Exeter Students' Union and £6,825 (2024: £6,934) was charged by Falmouth & Exeter Students' Union. — page 39
During the year University of Exeter, Cornwall Campus provided total block grant funding of £398,010 (2024: £377,740). During the year an amount of £400 (2024: £Nil) was charged to Falmouth & Exeter Students' Union and £12,889 (2024: £7,634) was charged by Falmouth & Exeter Students' Union. — page 39
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Griffin. Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/07/2025)

Total income
£941k
Total spending
£912k
Reserves (reported)
£494k
Employees
18

Reported reserves equal ~6.5 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/07/2025£941k£912k
31/07/2024£912k£887k
31/07/2023£1.0m£954k
31/07/2022£1.3m£876k
31/07/2021£0£0

Common questions

Is FALMOUTH & EXETER STUDENTS' UNION financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a surplus of £28,828 for the year ended 31 July 2025, with total income of £940,574 against total costs of £911,746. Per the trustees' report, free unrestricted reserves stood at £449,734, which meets the stated policy target of three months' running costs. The trustees confirmed adequate resources for the foreseeable future, noting that grant income for the following year has been confirmed by both universities. Its FY2025 accounts were audited by Griffin.