Edinburgh Napier University
Latest income
£159.3m
Latest spending
£161.0m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the University reported an operating deficit of £2.5m for 2024/25, driven by lower-than-anticipated international tuition fees and reduced SFC grant income due to under-recruitment. Despite this deficit, the University maintains a robust liquidity position with £64.9m in cash and an unused £40m revolving credit facility, supported by a significant surplus in its defined benefit pension scheme.
What the accounts disclose
Related-party transaction: Lothian Pension Fund
“The University participates in the Lothian Pension Fund, which is a related party per FRS102, section 33. The transactions and balances at the end of the year are disclosed in note 19.” — page 94
Per FY2025 accounts as filed with OSCR.