University of Ulster
Latest income
£304.2m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the University recorded an operating deficit of £20.2m for 2024/25, driven by rising costs and income not keeping pace with inflation. Despite this deficit, total net assets increased to £450m, supported by a significant increase in the NILGOSC pension asset position and investments made by subsidiary companies.
What the accounts disclose
Largest income source: Tuition Fees and Education Contracts (43% of income)
“43.1% £131.2m Tuition Fees and Education Contracts”
Per FY2025 accounts as filed with CCNI.
Independent examiner: Ernst & Young LLP
Per FY2025 accounts as filed with CCNI.