The Queen's University of Belfast
Latest income
£489.5m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the University reported an operational deficit of £22.8 million for the year ended 31 July 2025, driven by rising costs and structural underfunding. Despite this deficit, the net asset position remains strong at £753.7 million, and the trustees have concluded that there are no material uncertainties regarding the entity's ability to continue as a going concern.
What the accounts disclose
Defined-benefit pension deficit: £40.2m
“The deficit funding position for the Retirement Benefits Plan (RBP), has reduced from £44.5m on 31 July 2024, to a deficit of £40.2m.”
Per FY2025 accounts as filed with CCNI.
Trading subsidiary: QUBIS Limited, Queen’s Overseas Recruitment Limited, Queen’s Composites Limited, NIACE Limited
“The Consolidated Financial Statements include the University and its wholly owned subsidiaries, QUBIS Limited, Queen’s Overseas Recruitment Limited, Queen’s Composites Limited, and its partially owned subsidiary NIACE Limited.”
Per FY2025 accounts as filed with CCNI.
Independent examiner: KPMG
Per FY2025 accounts as filed with CCNI.