University of Strathclyde Students' Association
Latest income
£5.0m
Latest spending
£4.9m
Accounts read
FY2025
Form
Company (the charity is registered with Companies House)
Financial health, per FY2025 accounts
The accounts state that the charity reported a small surplus of £39,341 for the year ended 31 July 2025, driven by a significant actuarial gain on its pension schemes. While cash reserves are healthy at £1.5 million, the net assets are reduced by a pension provision of £492,734, leaving free reserves below the charity's stated policy target. The trustees confirm the organisation can continue operating with support from the University of Strathclyde until at least December 2026.
What the accounts disclose
Highest-paid employee band: £70,001 - £80,000
“three employees earned emoluments between £70,000 and £79,000”
Per FY2025 accounts as filed with OSCR.
Going concern: doubt noted
“The going concern basis is appropriate with the support of continued funding from the University of Strathclyde, which has been agreed until at least December 2026”
Per FY2025 accounts as filed with OSCR.
Payments to trustees: Sabbatical officers (trustees) received remuneration totaling £156,148.
“Certain trustees serve as full time sabbatical members of the Executive Committee and as permitted by the Association's constitution, these individuals are remunerated for their roles. Amounts paid to Trustees in respect of services to the Association totalled £156,148” — page 38
Per FY2025 accounts as filed with OSCR.
Reserves policy: 1-3 months of operating costs (held: £689k)
“The reserves policy states that the Association must maintain between 1-3 months of operating costs in free reserves. Based on the most recent calculations total target reserves would be in the region of £300k-325k.” — page 18
Per FY2025 accounts as filed with OSCR.
Independent examiner: RSM UK Audit LLP
Per FY2025 accounts as filed with OSCR.