Dundee Student Villages
Latest income
£8.9m
Latest spending
£11.5m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the Group reported a net deficit of £2,443,314 for the year ended 31 July 2025, resulting in unrestricted reserves of £22,284,991 in deficit. The trustees confirm that sufficient student rental income is expected to meet costs and reduce the deficit to a breakeven position over the term of the agreement. The auditor concluded that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Highest-paid employee band: £0 - £10,000
“Mr A Watson received emoluments of £6,050 (2024: £6,000) in respect of his services during the year. The other members of the Board of Trustees received no emoluments from the Charitable Company in respect of their services during the current year.”
Per FY2025 accounts as filed with OSCR.
Reserves position: below the charity's own stated policy
“The Group reserves as at 31 July 2025 are £22,284,991 in deficit (2024: £19,841,677). While the financial model indicates an initial deficit in funds, sufficient student rental income will be received to meet the costs detailed in the model.” — page 5
Per FY2025 accounts as filed with OSCR.
Related-party transaction: University of Dundee
“University of Dundee Sales to the University of Dundee”
Per FY2025 accounts as filed with OSCR.