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SWANSEA UNIVERSITY STUDENTS' UNION

Registered charity 1203072 · accounts filings on the Charity Commission register

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Latest income
£5.8m
Latest spending
£5.6m
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Union returned an operating surplus of £267,442 for the year ended 31 July 2025. Per the trustees' report, free reserves stood at £717,498, providing 7.5 months of coverage for charitable operating costs, which the Trustees consider sufficient to manage foreseeable economic downturns.

What the accounts disclose

Reserves policy: six months of operating costs (held: £717k)
“The Trustees believe that an amount of Free Reserves sufficient to maintaining six months of operating costs be established as the Reserves Goal.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with Swansea University
“During the year Swansea University Students Union purchased goods and services from Swansea University totalling £254,663 (2024: £249,956). At the year end Swansea University Student's Union owed Swansea University £10,867 (2024: £nil). This is included within Trade Creditors. During the year Swansea University Students Union sold goods and services to Swansea University totalling £384,683 (2024: £500,105).” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £1.7m
“Defined Benefit pension scheme liability (1,705,542)”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: SUSU Trading Limited
“The investment in subsidiary represents the Union’s 100% shareholding in SUSU Trading Limited, a company registered in England and Wales (Company number 06839656). SUSU Trading Limited undertakes certain trading activities on behalf of the Union.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 3 of 6 completeness components.

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

Total income
£5.8m
Total spending
£5.6m
Reserves (reported)
£773k
Employees
114

Reported reserves equal ~1.6 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: City Of Swansea

Income and spending

Financial year endIncomeSpending
31/07/2025£5.8m£5.6m
31/07/2024£5.9m£5.7m

Common questions

Is SWANSEA UNIVERSITY STUDENTS' UNION financially healthy?

The accounts state that the Union returned an operating surplus of £267,442 for the year ended 31 July 2025. Per the trustees' report, free reserves stood at £717,498, providing 7.5 months of coverage for charitable operating costs, which the Trustees consider sufficient to manage foreseeable economic downturns. Its FY2025 accounts were audited by Crowe U.K. LLP.