LIVERPOOL JOHN MOORES UNIVERSITY STUDENTS' UNION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £2,244,925 for the 15-month period, primarily driven by the recognition of a pension deficit liability and a transfer of net liabilities upon incorporation. Despite holding unrestricted reserves of £680,049, the charity remains dependent on the University's block grant and support to maintain financial viability. The trustees and auditors confirm that the charity has adequate resources to continue as a going concern for the foreseeable future.
What the accounts disclose
“In the band £70,001 - £80,000” — page 30
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: Group 2024 No. In the band £60,001 - £70,000 - In the band £70,001 - £80,000 1” — page 30
“The Union believes it is prudent to work towards a reserves position of three month of block grant funded activity. This provides some security for the Union financially and is a prudent minimum level. Based on the block grant expected for 2024/25 of £2,100,00 three months of block grant funded activity would require the unrestricted reserves to stand at a minimum of £525,000.” — page 14
“During the 11 months ended 31 July 2024, remuneration for sabbatical officer trustees only (including employers National Insurance and pension contributions) totalled £103,779.” — page 29
“Liverpool John Moores University: In the period The Union received total grants of £1,787,500 from the Liverpool John Moores University, there was £5,925 of sales recharges and £30,520 of charges from the University. The net year end creditor with the University was £1,803” — page 35
“As of 31 July 2024 the Union held 100% shares in Liverpool Student Media Limited which was incorporated on 4 July 2018 in the United Kingdom. The company has been set up as a subsidiary of JMSU to house the non-primary purpose business activities of that charity.” — page 5
“Liverpool John Moores University: In the period The Union received total grants of £1,787,500 from the Liverpool John Moores University, there was £5,925 of sales recharges and £30,520 of charges from the University. The net year end creditor with the University was £1,803” — page 35
“As of 31 July 2024 the Union held 100% shares in Liverpool Student Media Limited which was incorporated on 4 July 2018 in the United Kingdom. The company has been set up as a subsidiary of JMSU to house the non-primary purpose business activities of that charity.” — page 5
“An adjustment to the revised future contributions has been charged to the SOFA, leaving an accumulated pension deficit of £2,244,925 (2023: £2,982,198).”
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (03/07/2024)
Trustees
- Dr Gordon Laing
- Evans Iyamu
- HEATHER AKEHURST
- Hassan Hammad
- Josh Darley
- Livia Jo Dunster
- Lucia Di Michele
- Ruth Watters
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.3m | £2.0m |
| 31/07/2024 | £1.9m | £4.2m |
Common questions
Is LIVERPOOL JOHN MOORES UNIVERSITY STUDENTS' UNION financially healthy?
The accounts state that the charity reported a net deficit of £2,244,925 for the 15-month period, primarily driven by the recognition of a pension deficit liability and a transfer of net liabilities upon incorporation. Despite holding unrestricted reserves of £680,049, the charity remains dependent on the University's block grant and support to maintain financial viability. The trustees and auditors confirm that the charity has adequate resources to continue as a going concern for the foreseeable future. Its FY2024 accounts were audited by Haines Watts.
What does the highest-paid employee of LIVERPOOL JOHN MOORES UNIVERSITY STUDENTS' UNION earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.