THE OPEN UNIVERSITY STUDENTS' EDUCATIONAL TRUST

Registered charity 285189 · accounts filings on the Charity Commission register · also known as OUSET · also registered in Scotland as SC038300 (OSCR)

We give grants for course fees and essential study costs to OU students who are in financial difficulty and unable to receive financial assistance from government and university sources.

Causes: Education/training · website · Get email alerts

Latest income
£114k
Latest spending
£259k
Registered
1982
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £1,424,424, a decrease from the previous year's £1,569,075, following a net expenditure of £258,954 against income of £114,303. The trustees report that at current expenditure levels, these reserves are sufficient to fund several years of charitable activity, and the charity has few fixed costs. The trustees also note the charity is expected to transition to a Charitable Incorporated Organisation during 2025-26.

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

What the accounts disclose

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — The Open University Students Educational Trust (matched by registered charity number).

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

Structured financials (annual return, FY ending 31/07/2023)

Total income
£811k
Total spending
£134k
Reserves (reported)
£1.7m
Employees
0

Reported reserves equal ~148.7 months of spending — in the top quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/07/2025£114k£259k
31/07/2024£199k£296k
31/07/2023£811k£134k
31/07/2022£492k£323k
31/07/2021£122k£179k

Common questions

Is THE OPEN UNIVERSITY STUDENTS' EDUCATIONAL TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,424,424, a decrease from the previous year's £1,569,075, following a net expenditure of £258,954 against income of £114,303. The trustees report that at current expenditure levels, these reserves are sufficient to fund several years of charitable activity, and the charity has few fixed costs. The trustees also note the charity is expected to transition to a Charitable Incorporated Organisation during 2025-26. Its FY2025 accounts were audited by HaysMac LLP.