GOLDSMITHS STUDENTS' UNION
Goldsmiths Students' Union is a democratic and charitable organisation that works independently from Goldsmiths, University of London to represent and support students. With Full-Time Officers that help steer the union as representatives and trustees, and numerous Part-Time representative positions that help direct how the SU is organised, we aim to be as democratic and student-led as we can.
Financial health, per its FY2024 accounts
The accounts state that the Union concluded the financial year with a net deficit of £63,583, resulting in free reserves of £198,909. Per the trustees' report, the Union remains financially stable and able to meet its obligations as they fall due, supported by strong commercial performance and secured income from its partner institution. However, the Trustees acknowledge that rising operational costs and static core grant funding pose risks to long-term sustainability without additional income or uplifted commercial returns.
What the accounts disclose
“Total income 2,902,337”
“The Finance Committee previously set a reserves policy which aims to hold reserves of £300k, the equivalent to three months of running costs (excluding rent charge) for the continuation of current activities within the medium term.” — page 32
“During the year, one or more Trustees has been paid remuneration or has received other benefits from an employment with the Charity for their roles as Sabbatical Officers helping to run the day-to-day operations of the Union.” — page 51
Leadership, per the charity’s website
- Sofian Kourkzi — SU President
- Starr Thomas — Campaigns & Activities Officer
- Tilda Bilon — Education Officer
- M Libaert-Cox — Welfare & Liberation Officer
Structured financials (annual return, FY ending 31/07/2024)
Register events
- Received assets from another charity (23/11/2021)
Trustees
- Abigail Mensah
- Aniq Ahmed
- Chloe Shaffer
- Kofi Siaw
- Preety Kaur
- Richard Frost
- Shada Abdalqader
- Sofian Kourkzi
- Starr Thomas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | — | — |
| 31/07/2024 | £3.1m | £3.1m |
| 31/07/2023 | £2.9m | £3.0m |
| 31/07/2022 | £2.2m | £2.0m |
Common questions
Is GOLDSMITHS STUDENTS' UNION financially healthy?
Per its FY2024 accounts: The accounts state that the Union concluded the financial year with a net deficit of £63,583, resulting in free reserves of £198,909. Per the trustees' report, the Union remains financially stable and able to meet its obligations as they fall due, supported by strong commercial performance and secured income from its partner institution. However, the Trustees acknowledge that rising operational costs and static core grant funding pose risks to long-term sustainability without additional income or uplifted commercial returns. Its FY2024 accounts were audited by Goodman Jones LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| QUINTIN HOGG TRUST | 1 | £540k |
| BRITISH UNIVERSITIES AND COLLEGES SPORT LIMITED | 1 | £296 |
Charities like this
- GREENWICH STUDENTS UNION LTD
- THE STUDENTS' UNION AT BU LTD
- DURHAM STUDENTS' UNION
- UNIVERSITY OF WESTMINSTER STUDENTS' UNION
- SOAS STUDENTS' UNION
- UNIVERSITY OF EXETER STUDENTS' GUILD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GOLDSMITHS STUDENTS' UNION | £3.1m | — | — | unclear | — | no doubt |
| GREENWICH STUDENTS UNION LTD | £4.4m | £70,001 - £80,000 | 2 | below | — | no doubt |
| THE STUDENTS' UNION AT BU LTD | £4.2m | — | — | unclear | — | no doubt |
| DURHAM STUDENTS' UNION | £2.6m | — | — | below | 47.2% | no doubt |
| UNIVERSITY OF WESTMINSTER STUDENTS' UNION | £4.8m | £90,001 - £100,000 | — | unclear | — | no doubt |
| SOAS STUDENTS' UNION | £1.3m | — | 0 | unclear | 0.0% | no doubt |