Heriot-Watt University
Latest income
£308.5m
Latest spending
£318.3m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the University reported an underlying operational deficit of £7.9m for the year ended 31 July 2025, a reduction from the prior year's £10.1m. Per the trustees' report, the University maintains a strong balance sheet with total assets of £441.1m and unrestricted reserves of £87.9m, while confirming it has adequate resources to continue as a going concern through at least July 2027.
What the accounts disclose
Reserves position: below the charity's own stated policy
“Reserves have reduced from the prior year to £87.9m (2024: £98.3m).” — page 29
Per FY2025 accounts as filed with OSCR.
Payments to trustees: Chair of Court received £21.0k remuneration; no other Court members received remuneration.
“The Chair of Court is the only member who receives any remuneration. Total Remuneration was £21.0k in 2025 (2024: £20.4K). No other member of Court, nor any co-opted member of a Court Committee, received any remuneration”
Per FY2025 accounts as filed with OSCR.