2025-07-31-accounts

TOP STUDENTS. UNION IN THE UK ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS or e year en Ing Registered Charity Number 1144820 BUCKS STUDENTS, UNION

OURJOURNEY We're proud of our journey over the last 50 years, bringing us to where it has ti)day, and always stfiving to make life better for students at Bucks. .Jw¢ tyenii cyenpd 1977 1989 1997 2004 2006 -mployod 2 8uck5 -.ampv BIG DEAL 2009 2008 The BioD&di1is￿[ 2007 FifSI CEQ nw.ntpd. Buck5 201Q 2011 2012 2013 NSS ranked 12th RLJslys Radio l¢vnded HRfur￿lItsn Iiiiroduced NSS ranked st .nd￿￿hi￿Ii￿ bvs seiviee 2016 2015 2014 Gdd Best B8r ￿￿e NSS r4Dked NSS (aiiked 6th Elmployed 40 51aff Gold Best 8ar None 2017 2018 2019 NSS ranked 2nd NSS ranked 3rd 2022 2021 2020 ebEc8me8 Mindlvl Employei NSS rankÈd The Kitchen R￿￿mdToP￿ emplDyEr 2023 2024 2025 YERB1LxP￿￿￿ly2025

Ourjoumey 22 Trustees. ReF(Jrt Statement of TnJstees' Responsibilities Reference and Administrative Details Independent Auditor's Report to the Trustees Consolidated Statement of financial Actwities Charity SLgtemerrt of Financial Activities Consolidated and Union Balance Sheet Consolidated Statement of Cash Flows 32•40 Notes tothe ￿na￿la1 Ststements ANNvALREP￿ANDc0N￿￿DA￿RrW￿4Lsr￿[E￿ YE&R￿￿K￿￿￿Y2O25

and Flnanclal Statsments for thoyoar •ndlng 31 July 2025 Frorn the outg(xng President lkn realty ￿eaSed to introducethisyearfsTrLBtees' Report and ￿nan￿al Statements. LcA)king back over my fiveyears with 8ud(s SbJdents' Union,first as a sbJdent,then as Preshknand most ￿en￿VaS PresthL I feel Incredi￿ proL@ and grateful tt has been a real privilege to servethiscommunityarKI to see first-hand the difference the Union makest05t￿lents. live& What lin m(tst of is h(￿ farwe've ¢on together. The relationship we've built ￿th the Univemy c(YKinuestomove f(Mwafd in such a kx>sitive way, and the Unlon Is truly valued as an integra part of life at BNU. Inf(iati¥es like the 8K4 Deal remain a unique offer that sets us apw(arKI ourcwjinqcost-of-liwro gJpport helps ensure every student can enioytheirt1￿ at Un￿e￿tyWthaut barrier& None ofthis would have been possible with)ut the paSs￿,COrr￿lrn￿nLand kindnessofso many brilliant peop￿ working tcqether. 8u¢ks Students, isN%ek(xniro ambityJs and tenathJ& a￿1 I know It￿11 continue to gve our members ihevery best supwt OPPX)rnJnities, and eX￿rienceS. I'm provd to have pw a smol part in thatp)urrw, aThJ fm ￿rted toseetsthat the U￿On From our Incornlng P￿ide I hry)ovred to have ten e￿¢t8￿8$ Pfwdent ofBucks Students, Union and totske vpthis role iheyearahead l tr￿Uld like io begin ￿ thankiro my predecessorand the cWir4J off￿teaMf0rtheIr hard and commitsnent over the pastyear. Their hard has made sure thatthe Unh)n keepsd￿Tr￿ imFNtsnt thlrKJs to represenL 9JpporL As I slep intothi5 FX)sIK)Th myfc¢v5 wll beon building UP￿ the strongfoundations al￿a￿ in p48c& l am drmined to make SU￿ that our Union keep5 fighting for stvderrt voice, offering intereslingopyyivntiE& arKI tYOVKlirYJimtx)rtanl supwrt 5etvices duiing thls dTffiuJlttln ￿ many pe￿ in h￿j￿￿educat￿)n. WorkiroaknqsKJe bijstees staff,atMI oUrst￿lentcommunrty, I Icx)k forward to c￿￿ribUtiryj tothe un￿n'$gr(￿4th and impact Together, wewill cC￿tinue strivinqto create an indus1￿ gJPFfftarKI insFiringenironmerf whereevery student at BNU can thri TRUSFEES'FEFO YERB1LxP￿￿￿ly2025

Bucks Students. Union ts an inspirinrJ dynamic and tenacious membership organisation whefe our primary objective is to make life better for students at Bucks. When ¢onSKlefingwhe￿tQfr￿Us¢Xjratn￿. Trwtees gave regard 10t￿ Charlty Cc¥nmissk)nguKJance on berfit Bucks Students Union started theacjem￿ yearasgjred that we were in a strong POS.t￿n to achievewobiectNes whilst about thechallenges rnvJhtlace. Wrth thecontinLir4J cost-of-liviryjcrisis, the orwrrfJ housing Cri￿S, 50cietal Changes have impacted on Ixhavirxjr. stLthnt enlarged by new intakes ofudeni& ovrteam IK8s ¢otd femarkabfy in reactingto increased demand. Tl has led the Unbn to recongdera number of ouc ways ofworklnqand to 0dapttoourew￿Nj￿[Onn￿ kamlry manyvalualje leSK￿$?10rKj the way. Naw¢Jkn'ro thechallenqes the Union has or￿e again grown Part￿1PatIon in actiwties and prograrn￿. encc4Jraged rnorestudentsto contribute toourwJer w(xk and seen meM￿r$ make the most ofthwr time8t BNU. As we draw aclose10t￿ sec(yxl yearofourthree.year strategc ￿an. we are happyto fepm rong Fx(KJress ￿$$1￿1( 6 FyKyity themes.. Indu•Mty •nd Emp￿¥4￿1 and UhAftar Unlverslty TrusrEES'REPO YE&R￿￿K￿￿￿Y2O25

As wtot the acade start to refiect and plan for the yearahead we afe stsrting to dfaft our annual re alongside the audited a nts and financial statements, and hare some of hievements of the last12 mont r progress rt that sits wanted to Across 2024-25 r we have_ Driven stLthnterK40g￿errt aThJ p¥t0pat￿￿1 to re¢ord l&bro&Jeningwr reach acro the membership by prcwklirrfJaccessiblq and I￿USive pwrammes ofsuppor( development and activfty. Wrth ovw1,000 indivJual members ￿ceSsIng Students, Union services, oP￿Unrtles aCtivit￿S and even& the BVJ Deal hasnever been more pwular, and ourwider C(y)solKlated (kjr fv inthe Topswi UK ofthe National Student Survey foi bothiaught and registered St￿n￿Wh￿t se¢toravewJestr satisfaction 8crossall stvdent¢ommunitie&Th•'$9 ¢￿seCutIVeyearS in theiq) 5, shwnga wl ¢ommr(ment to the bettern￿ ofourrnembets experience and ujr understsndinqoftheir nqeXpeCtst￿ ured generoLLS¢yarrt& fundiroarJ supp)rtfor2025-26. safeguardiro0urong￿ngrlnanClal vkgbilityand al&MTh3the UnKn t0fvrtherd￿￿OPthe Sery￿es and support Wdlvab￿ to our rnember& Successfully Laurthed the'student V(￿eofF￿r'ne[wO[k, improvingourcampaign work and betterrewesentirowrdNerse student trMthI. acrossall camwses Won wpp)rtfrom the Lknlve￿ty for tM)th a significant refvrb1shrr￿nt project ofour social spaces andforthefull repement of our veh￿e fleet makirrtj them safer, more rdiable and moreenMr0nmentd￿ friend￿. TRUSFEES'FEFO YE*RB1LxP￿￿￿ly2025

Worked effect￿e￿ supwYtiThJourfantsaiclea maintaining an emtAoyee engaJennt s¢￿e0f ov 90/a. ahead of our com[￿l[[we set the Sttjdents Lkn# sector and the third sectorin generaL IP Impr(Ned Fthance in re5earth arKI svtvey resp)nsesar(KNKI Imp￿on ￿ent￿X1. bekw.ng ￿adem wpp(KL recruitnnt and emptyability. UnV￿led a refreshed visu& brand that tetterrepresents ourorqanisation, toan extremew p)srtwe reS￿s& [￿aMIC￿￿ responded to opp)rbJnities, adopting inTh)vativeapproaches to SUPFX)rt institutional strateqic imFeratNesfiJrthergJPPNtirrtJ wrnew relatioryship. • Through a simpleone-year plan hEve 5ucce55fLI started todNerwfy ourtrading irKorTEMnnnirvJ slgniftant new ¢ontra¢ts th will both gr(W￿￿ve and allow us to positivdy improve our members. expenence Beqvn tOWder￿ett￿ impactofryjr ratidly deVelo￿n￿ w(xkarovnd St￿ leadLYshlp with all 4Sabt>atl¢al Officers and thfeeofthis years va￿iCtOrians beinq graduates O[￿Jr.Leadership Academy. • Throuqh newwaysofwcikingarKI tenacxB student leaderthip overa number ofcampaiqn&wek secured bigwins for ourrrEmbers acrossa whYeSFectnJm of wr work inclLKlirrtJirnprovernents in ￿adern￿ exper￿￿< ¢ost-of-Iwing eqU￿lty, diversity and IndUsK)￿ Ixbw'rrfJ and rn0￿. a year•cnear1￿rease of1T/o in participatK)n in Lknh)n run actNities byourGthal Majority stLdent c0mmunityih￿Ugh fvrthw tactical changes in our prOgr￿ry communicalion5 and delivery. fvJrttvsuc(tsswth fijl undergraduates kneK%e sawpthpati￿frOM ourGkbal Majorty stLthntsgrcwtoahohdgW/.1+2y.YoYI. Contlnued to support n￿rter$￿the¢c£t- of-living through a plethora of creatNeand vdus initiatwes, not least serwng nearly9DOO free h)t meds when stL&nts really need them. p indugve practteswe have ggnrflcantlv 1r￿ea$edthe dIVer￿ty ofouiTrustee Board. strjdent iparKI staff tearn& ExterKled our 5ervicesaThJ Opportunit￿ ￿ey￿d tradill(Y)al tem limes a rrrtye ￿F￿l￿e equltatAe experience for care ￿0ver% intemK)n student ond tht)se enrc41irK4ai drffe(ent pcintsofts y. • CTh)tinved to buikl ￿ the'8ig Deal.. InterTh9tK)nal'. programme ofeven& cultural celthiions orlentstk)n, dev￿0￿ and trainlrK4 to better support our rrmbersfrom cwerseas has seen a significant growth in participatK)n and errfjagement throughout our intefnatKJnal student communty. We can now proudly rewtthat 95Y. ofour intemational student communtty errfaa￿ wilh s￿￿lents, Union programmes durirKJ2024-25. Actively strengthened our relationshipwiththe institution, openinq newopF(Irtunrt￿toex￿1orefvrthel, impacrful partnershipworkingforthe tetteffl￿nt ofthe stLKdent exper￿nce at BNU. PrOfessK)nal￿8nd manwJed oUrfin￿Oal resourcesto improve on ovr b￿e￿ breakev pO￿tk)n. whilst delIveringc￿ ourcommfftn SurpaS￿ng13rqet$aTrY investiro in key woms • &Jccessfully re.￿urt￿ Bucks Hio ourevents hlre businw wlich abrKJSkle Bucks Prfntingls startingto genefate imFXtant fevenue to support the Gained sector ￿OgnItIOn wrth natic￿alaWwdS shortlislingand hIgh-prOfi￿ accredition5 kite marks ir￿lL￿11r0GokI Besl Bar Nor￿. Green Impact Adwce standard. MirKlful Empaoyer. Mental Heatth at Work Commitmeth and Dis8bilty Confi(knt Committed. • Thro￿ OLKcdlaÈ#)rative approach. engagiro with cour5eleams to encour&¥ SuP￿t, we filled well over 73% of all availabk CCAJf5e representative postK)ns,with Othern￿hanIsms in pL4ceto¢wu￿ feedback from C(MJrses W￿￿)f￿r￿1 rtdrfr￿ukto dect reps.This enab￿d usto represent wews ofour mernb￿s from a truly wel-infom)ed basq resultinq in improved perfomiance in the National Student Survey the institLrtiorL Contributed over£250,000 in vakJabl< paklwothfor our members as we prO￿ty contiiued a8an Real tiving Wage Employer. Marshalled an incredi￿e awayva￿￿winlo rthnthe Rothck trophy. me￿ 2QOOOhrsOfm￿lrrfJfv1 paid work creat&J for owrwwknthe real I￿ing wdge. TrusrEES'REPO yE*RBlLX￿￿my2O24

• Ourteam have maintained ourcommitmentto the Mentsl Health Ffam￿￿￿iCh￿ll havea demonstrable impact hcw wetsckle issJes rrounding rrEntal heahh how we gJppcrt ourrnernbers and 5tsff.AfiJrthercommitrnentlo training ha5 Upskil￿ an even grealernumFHof ourteam as Menta Heakh first AKr> • We ha grown partiapatK)n amonqst stwjents from IMD quintiles1 and 3 thosefrom the tTr)st deprived backgrwnd& byover 22Yo and those St￿Jents rth¥engage MorefreqUent￿ihan their r5 frorn r￿e advantaged background5, testarnent toihevdlue of BKJ Deal ar￿ how we St(￿lure our programmestoensure accesslbillty. Achi￿ed the statusof'very ￿forthe Green Impact aCCreditat￿Tr ￿kn￿1r￿j ourcommitmentarKI acticffj toe￿1 and environmental issuesarKI to operating reS[￿Si￿v. PathpatKJn engagement from our LGBTa+ stLklent communty has risen by 26Y4 Wlth Btr/ of thecommunity ￿ro$sthe entire university part￿patIr0 in 2024-25. • We delivered a quiet IK)ui * our Fresh•Js' ￿￿￿ents who have a krknvn 01 declared disabillty reveffl for a m¢ye apywe n(weroaqe with Students. UnN)n sw>ptsrt, and r￿Uct￿ for￿[ sens tiwts oroppoflun((ies al a hlqher rate than ihelr condilon&AMgsth tl, we trff0ade￿ ourea rers and these parfjclpallon ralescontlnue eveninqand r￿n.1￿enSed events offerto tcome to qrow. more indU￿Ve for ourdwerse communrty. • MeagJrable errfjagernent from mature students has grown by TA year on year a5 a percentsge of thepopulatKJn, tr gr(Mth of 21Y. of individual stvjentsfrcrfn this qrwp. • A robust apwoachlotreawrnan&¥r￿ has yiekled a prevhJJsty unredi5ed s￿rCe of inccme forihe Uniorn In the next academic year. led by our new officer team, t(JJether wll be: • RJrther ImproviThJourscck4 sp￿St0 meet wr • fijrthers￿￿￿tirQneW sLJdent ccth¢N memberfs need& those enrdlingacros5 muhi entry points d appKen1￿& • GmirKJoufc051.of-livmg suppJrt thrwgh lobbwn¢J seTrice deve￿￿￿nt and partrrthi) wtthihe institution. BuTri Jiw Stu(knts' Unkn entry SUPF)Ort at the institutK)ns new ddwery shes in Nottingham • Enhat￿1rOStudent safety acrc6s a￿de￿ge of initiatives. IrryoviThJoJr dl-rouTrJ offerat UXbr￿ge through ￿r¢e% setwces and opp￿￿nItIes. • Cre'ng mcKe SILth￿ part.tirr work opportunit￿& oFffiiwafan￿$￿ new community garden project to enhance wrcampuses SUPPDrt bv)-divetsity and ueate a ￿der array of Opp￿￿nitIesf0rstUdents LaurKhirYJ 9gnfftath ¢eriTh3and hosprtaltyserv￿e& GrcwirooureventSwv￿esaTrj w¢) businessthrujqh the unw￿￿ty'Sfanta$t￿ new Brund EThJir Shed f￿lITty. IntrcKlwrrfJ rr￿l￿ferna￿ SPK)rts tearns and s tirvJoppxytunitie5. • Devdoping ourwcyk arourKI career5SW)PK)tL employability arKI hr)tk readine m￿th. mlth more... TRUSFEES'FEFO YERB1LxP￿￿￿ly2025

We are once agwn abletocdeLKate afine Wf￿r￿a￿e1[Ithe NatK¥HI StLthnt Survey- where Bucks Studerrt5' Union w85 tanked in tsETop 5 studerts'vnions in UK highereducationforthe ninth C￿SecUt￿e year- provKlinga ￿￿as￿le ofoLK re￿Va￿arKI r￿diEN1[ty amorKJ5t the rnemtxrship and as a wesentatK)n ofour hoh ￿eLs of engaJeff£nL Sheffield Sheffield Suffolk West London Wesl London Leeds Trfnlly West London Newman Sunderland Sheffield Ov¢k• Surrey Glyndwr West London West London Wesl London •uek• St Andrews Sheffield Sheffield Sheffield London Met Surrey St Andrews Surrey Loughborough West London West LorKlon Sheffleld Wesi London LoLKJhborouqh Keele Ou¢k• Loughborough Sheffield Loughborough Nottingham Trent Keele NSS ranklrostr UK #udems'unkn5 2017.2&wiihkn ￿'￿e¢l•ll Thefdlowngtable a10.year break¢kM rAstsJdert Satis￿10n with the Union. based on quesiion 26 ofihe National St￿ent Sufvey. As see fr￿￿ the taiA< stUd￿ts from a wde ¢ross-se¢tion of demogTrFi¢s a￿ ¢onsistw)tW [X)srti￿ab￿rtthe Union,ex¢eedingthe nati(x)al average a￿0$5 the board. once again deMon￿ratir0how￿£ (xrtwfom) the se￿and ixjdc trend This data wll wpportdiscussh)nskntare hawro xrossthe instiLJtion about retentK)n, the Access and Participatb)n Flan, attainmentgaps and wovkliro the test ￿￿ble experience from September 2025. We beI￿ve this data demc￿strateSIhat w)rkn'r4J together. to prC￿te student involvement in StL¥*nts' UnDn activtties. can helpto make a ￿055a WKle range0fst[ateg￿ impeiative5 foi the Univerw. TrusrEES'REPO YE&R￿￿K￿￿￿Y2O25

h IICLV crnzc Ixz 2022.23 Bvck$Slvdents' rarirqlnUKHE. B￿kS su BLth Sludwts. khqln UKHE. Bvck8 Students, Unlon rBnklrrfJln UKHE-I 8uck$ ff. Dwf. Dlff. siud¢rns' Unlw ￿1818￿￿ 76X +FhX 83.4fA 7Z9r +10fj6 86.2VA F5.9% +10a6 D1Sa￿litYrepOrted .4% +6.6% 9125% 68.4VA +11TI 8S.93% 67.77% +19.08 v￿er X on ernry 74.5% 83ffj8X n.52X +1216 88.76% FO.$3% +Tr23 PAalU￿ students 80.1% +l4% 82.3B% 75.91% +6A6 $fvents 89.VA 79.VA +10% 8&84% 77.45% +827 88.sfA 76.3PA +1116 Asian students 84.fA 79.rA 90.84X 75firA 86.09% 75.04% +1105 Mixed 5¢￿ents .rA 73.V 5J% 74% 70.58% 8&F4X 6FJ5% +1&49 Wnfte #udents go.tfA 745% 46.4% gOA6X A.48% +9.89 84.95% 70.23% +14 Fernale StL￿entS JL)X 84.￿ 75% +9.12 86% 74.07% +11.93 Male S￿ents 86.n% 6E.44% +18.27 TRUSFEES'FEFO YERB1LxP￿￿￿ly2025 10

20J-22 2020. 2019.20 Bucks StUdents'Ur￿)n rkng in UKHE- Bud¢s Stu(SeJrts' Union rankiTv4in UKHE- 3r kiw in UKHE- Bucks su rths Diff. Diff. Dift. 026 Student5. Lkn1￿ 5ati5fxt 69.gfA +17.y 2A4 73.OVA 55.99% +V.09 St￿entS￿1th 5PEofic leaming dlsabillts 6296% 49.93% +13.03 66ffj7X +15.01 69.51% $5.04% St￿eN$wIth dlsabllS1s 68.85% 48.OVA 20.78 59.26% 50.37% +8.99 67.95% 52.54% +15A1 Mature Stvdents 68.03% &3.¢)wA 63.ofA $3.8rA +9.14 73.18% $6.93% +18.gS Yowq Student$ 09% ￿05% +20.04 69.44% $3.09% +16a6 72.2rA 55.73% +16A9 81ack StLlents 79.4VA 57.36X +21 +￿1 79.2SX 60.3P 418.00 Aslan S￿￿ents 67.65% 59.08% 70.18% 58.43% M.75 75.29% 60.91% +14.38 Whlte stud￿15 65.89% 50.90% +15. 615¢)% 51.gfA 10.89 10.7rA 54.$3% +16.18 Fernale St￿￿ents Pl.85% 54.35% +17.5 69.69X 56.06% +13.83 73.17% 58.30% +14.87 Male St￿10m8 65.C)% 49.84% +1& 5828% 49.04% +922 7Z88% S2.48% [phone]Tr19 2016.17 xkss1￿1ents. UN rankSrakn UKHE- I Bl￿kS su Bl￿kS s¢th1ents' UKHE- Bucks Students, Urlon rjnklngln UKHE- S Jcks Diff. Sector ff. 73MX 55ffj6% +17.07 75.4VA 56.4r +19.02 69.26% 56.79% +1147 SIL￿entS. ihlm s￿1$fact￿n sI￿entS￿lih $pKffic leamingdi￿tsI1St￿s 60% SS. +16n .26% $6.23X +1&03 70.10% 57.10% +13 Stl￿ents￿Ith thsBbilft 57.95% 5257% 4&39 +19.87 70.00% 53.05% +R95 M￿￿re Studoms 19.18 74.95% 56.6VA +1827 65.12% 55.13% +9.99 Yelng Students n.86X 55.65% +17.01 75.9￿A $6.40% +19 07% 5F.37% +K7 Black st￿Jents 79.3fA 60.34X +18.97 80.83% 61.82% +fvm 65.05% 62.03% +3.02 Asian Student5 34% 60.86% 4M.48 71.69% 82.50% +9.19 Whlte siudeNs 7J5VA 54.07% 1932 73.05% 54.93% +18.22 69.fA 55.12% +w.e Female S￿ents *39 78.nx 58ffjr +19.44 69.5ll 59.15% 410.42 ma￿ Studetts n.90X SZt% +191B 69.82% 53.22% +1 68.62% $3.39% +1S23 TrusrEES'REPO YE&R￿￿K￿￿￿Y2O25

This vnKiue offerddwersexcwiorK41 valve and has a signth¢arn impa¢t t)n satisfacti(￿. ￿￿lI￿n( and retentK)nwhilst ta¢kliTh4 ¢halknges around equty, Inclusivity,and the cost-cl-liwnocrisis. cz Wealso b￿￿ve that theNwrk ofthe institutJns Students, Union continueslo )ntribU￿ tothe ethmmentofthe Univerws natitinal repufation. This work is buih on the fcMJndion501 the BKJ Dealwhich Und(JJbt￿llY SUPFxxts ourstrong FwfomarKeyear-on-yeaf in ihe Naiional Student Suw and at the Whatuni Student CIKxceAwardsamry)gst¢)tt)ef nionalfy rew3n¢sed aCc￿di18110nsarKI a¢¢olades. Italso sitsalcfftgskle ourvohjnteering twranvne4outreach, charity fundralslrq and communityfxiro Furtherrn￿ the stre￿h ofthis Fwgrarn￿￿ in its I￿lUsive approach. rangeand breth addsgreatvalue to the narralivethe Unv)n can provide as an independent v0￿e inihe Access and ParticipalKJn Han.IheTeaching Excellence Frarnework entwitten sutxnissK>nand within our¢omminntiothe St￿ents Altu￿S Manrfes wasextreMdy(ewardingtrth￿ the Unwerstysdepartment ofstrateqk Planning and ChaThJeconfirmed once thisyear, through anaty￿ng participation data, that St￿￿ents from wdenir0part￿ipatDTr b￿kgrOundS a￿ participating at the same rates astheir more advantaged pee￿. no matter thar socio-ecommic backgrounds IIMDI. which far lessliketyto haFWI ￿ ￿her in51itution& Thi5 gcEs some wayto prowng BKJDeal 15 ￿eSSfvI in rem(MrKJts3ttietsafKI ¢￿ir￿j a levd playingfield and MO￿ in¢lusive * BNU. We have ctearfy art￿UlatedIhe ￿napleS ofwr unique programmetoen9Jrewe remain fwjsed the inp&tful woritiesofthe Big DeaL TRUSFEES'FEFO YERB1LxP￿￿￿ly2025 12

From events and entertwnment. societresarKI wtsto k￿￿Of1nV¢knntt0 drive participatK)n. We believe recreational actNtbe5 and personal devebpmert our thisyearfs re5th some evKlenceofthe gjccess of programming is undetpinned by1￿ wcx kn- To enhance student Irf< briroinqvibrartyto our campuses by creatiThJ a diverse and exatiro extra and co-curricular experiencethat compares favouratty withwr comFetitors wfchin the s￿)r. Mak￿qcarnF￿s a [￿￿e(￿r Léents want to From the same gJrvey, when asked if. The Bv] Deal, wh￿h inckths free ￿esS to teingpart ofa team or sOc￿v, atterKllng￿t1vl￿S Org￿ngtO events additional skills sessions triF&wasa factorin me ch005ingto come to BNU.. A¢￿••￿Ilty. To wpport inclusi￿lty, ¢ekbMingovr dIVe￿e student community by ￿moVIng borriefs to opportunrty. 63Y. of stLMlents a3reedthatthe Big Deal had a posltlve inffluenceon ihem Ch0o￿ngtO attend 8NU. The financial Im￿￿tK)nSOf thisare sIgnffrant￿ P￿tiVe for the institution l+fA YOYI. B•lonqlw. To cultivate a sense ofbek)Th]ingthroLoh supportinqand promotinqa heahhycommunty, active stLéent groups and a Unwersty environment Of¥th￿ can all be wIx￿. iMrnlwJ- Todevelop and enhan¢eopp)rtunities th support our students, leamingarKJ course-based acbvity. Inthis years survey, stL#lentswho h24J indicated they had ¢￿Sidered BNU We￿8$ked..,Wh8I ro14 rf any, did inthment in BKJ Deal actwibes CIÈ. bwng pan ofa team or s(Kiety, atte￿11Th3 activhies orgolng toevents, addltlonal skills se59￿$ and trips) play In your decbslon to remaln at BNU?. Imployabllty. To devdop our leaMe￿,CQnf￿￿q transferab￿ skills, graduate attributes arKI general emplOYa￿.11tYthrouqh readily acCessi￿e p&d ernpk4￿rt personal devel¢JpYnent pfwammesarKI volunteeriThJ oppOrtUn￿￿e& 3fA dstudertsagreedthat the Big Deal specrfically had a poytNe influenceon th&f decisJn to remain at BNU l+fA YOYI W•llbdty- To enr￿h our member5, physcal and meN wdlbeingththjgh a wide.ranging portfolio of supwt. actiwty, weware provis￿ and personal devek)pn￿rt Afvrt￿r3?% of students agreed that other Union services or sUp￿t had a posliwe inllue￿eon tlm ¢hoosingto ￿MaIn ai BNU1+6y. YOYI. Rwullm•rt. To maintsin an ea￿￿￿nMvrI￿b1e and marketable offer. as a unique sellinq pc4nt forthe Institutiorn Inthe most ￿ent Memtership Surveywhen asked What gNe5 w)ua sense of bebrrfJ'rrfJ al 8NU?'the StLrlents' Unbn in featLK•J wominently. Satl•factkn In the Unions Membef5hip Surveyof2024-25. attracted respwsesfrom over1.000 IrKliv￿uaI res￿fftdents from right across our Curient BNU ￿udent b(xly. we asked our membersto ￿8¢tt0 the stementBu¢ks $ttjd￿ffs Union and ihe BKJ Deal makes lrfe iwer tr SttKlents at BNU., 9PA of BNU ￿SpondentS3greed1+1°A Yoy). Frcffn the L5t dats availab￿ to u& 92% of'yourrtJ' student5 wtN)wefe eligit￿ to pr(M3￿$¥t 4 had panicipated in Bo Deal a¢tMties. Ofthosewkwe notelijibleto prLJress,fewer ha ged and ofthDse WIKJ have withdrawn from th￿r St￿￿S the￿ wasa farless substantial part￿ipatIon rate of￿% 91/. of students believe'The St￿￿ents. Unh)n hasthe POtr4Ef to create real chanqe and makethiroshapFen atmy univer5ity'1+l/. YOYI. In a series of pape[5 wrttten in advance of ttMsretx)rL Union has iderrtified that $ch(K￿$ wtthin wr instttutw,th)se students have adeeper ￿Ve1 ofinvolvement wtth Union facilitated co.curricull2r proqrammes commonlyha¥e hM*r vels of instrtutional satisfaction in the National Student Survey.Tothat end, throuqh collatM)ratNe w￿k1Th￿aTrJ constructwe eryagement. we continue to partnerwtth the 5thools now colleges which have [yevio￿ty￿em£￿str￿ted The UnK)n Swjg￿tt￿tthe comtrined posr(we impact ofthe BKJ Deal, al￿gSK￿ ourwithroffer, on both recruitment and retentK)n rnakesthe programme a 5ignffiGant nel c(Krtributor totheUnNersitrfs str￿finan￿al wsitio TrusrEES'REPO YE&R￿￿K￿￿￿Y2O25

ENGAGEMEKf AND PARTICIPATION WITH BUCKS STUDENTS. UNION SERVICES. PROGRAMMES AND ACTNMES R•mar¢heonduc￿auOMth•••el•T We can't aKvayg measure engagement ￿th, ghvAd th•1•ibq•i￿knthkn'￿1Dft orthe impactof, Largeareas ol our work such rw•th• w¢t•r¢•n b•M l institiJtK•n, consumption ofour print media and richdi¢itd contsnt CK participatK)n in all of our online provi￿On. Nordo we record individual stL¥Jeth dataf0reVeryt￿nSaCt￿1naI interaction thr(wh our bars. Cafes fetail, freshers. falr and 0tsrs￿h Se￿CeS or events. nor indlvidual instancesofrepresentstlon suppgrt and gener Jvice, orcagjal consumptK)n of ￿tiVity, such os SFectatirrtJ at sports CK sOc￿tY events. The data we ¢th) havedoesgive usa reaSOnab￿,$n8pShOt, H¢Mver, thanks ￿lhe BvJOeal and the breadth towork with, S￿ir0 uswhere we have tractlon ofour prt%Jr8mme& v haveoften ouwerfomd with the 5bAlent bodv. the sector at 8NU,wrih some sclKY)Is slNMng engagement I￿￿90f0Ver 90% a Fxtxjd BeyorKI whwecan measu￿, wetake Si$l￿tIOn leveL8 from the Natx)nal Student we hopelo malntsin better. Sufvey and we perform 4ainst the sector b￿rnarkS amow sFeafic student (Jroups as an of our reach and relevancy. Where institutv)ns, such as BNU. a￿ successful In supwn1ngthe.s￿ningP8rt￿lpat￿)n a¢3enda', thls figure Is m¢xe ¢wimonlyarouNI SOKAt Insthutbns, orwiihin facvhles ￿ sthwls,where there are highw instancesofmatuce stLKknt& or wherethe cournes a￿ based arojnd sh3nifunt pL8cement actwrty, thisfigure falls￿. Annudty, we run reP￿S whth twn to explore the demoqraphicdata OfSt￿￿ents who hwe formallyerrfjaged and partKipated in UnKJn serv￿e5 and aCtMt￿& As shown in the tsbles on page510-11, you'll see idwKeofBucks Students, Union outperf¢)rming We Monit￿ such staL$aso￿ ofa rnjnvrx the 5￿conSISter￿1v0Yer 8 numtrxrofyeat5. ser￿SOftempemu￿ gaLoe c1￿CkstO enstKe ￿)55 a range of keyderTtqt3phic groups.These havean U￿erstanding ofour reach and ￿e￿arte knls of SatiSf￿t￿)n a￿ un()ubtedly buoyed by across(AJr entire membership RequL2rty, this data BNUS unKiue BKJ Deal, alk)wiro the Union to trxjild cc¥mes from a range of sources, wh￿h indLkle progwnmesof￿twitythat can appeal tq and sign-ups and registersfor recreat￿￿al athit caterfor, the diverse requirements of ours devebpmental se5sons and vdunteeringprciects tL4dent popul￿10n. alongside everythingfrom attendancea￿l parti￿pat￿ dats fromeventstripsarKI fTWtirKJ5 As Unwersty lrfe retutll5 to normal afterthe impact to memberships of sFx¥tsteanN thbs ofthe par￿m￿ has subsKJed. we have datafor nwjrable instartes of participationfrom 6,150 indfvklual st￿￿en￿(+2rA YOYI. TRUSFEES'FEFO YERB1LxP￿￿￿ly2025 14

91/. offijll.time urKlergraduates have rec￿dabIeerKJ￿Jernert Each unl￿ L￿part￿￿ isfc¥ming planstoaLklres5 anyareas arKI participatw wth our Se￿iceS arKI progr8mmesihis of urKler-rewe5entstion in theirservice area and pwrammes year. with an increase ofunKiue students of25X YOY. Manyof in next year. these students used a ranqe ofUnK)n seMcesaThl wjed th multirAe &twities on a reqular basis Fr(xm this data can wesent thef￿k￿lrQ breakdowns usThJthe thistitutions q(oupinq& This data indudes Inv￿Mentfrcffi StudentscffthL￿d1e1￿s dfftrentcourses. at every level.across all schjds and all mode5 of study. We aspireto attain even greatei I￿sof eryagement amongst indwidual part50fthe offer Ixrt are reasonably satisfied that part￿lp￿ti￿ Ws bydem(uraphic rgely map well agalnstthe BNU stijdent W4xAa Et￿nIC￿Y 100 90 80 80 50 40 .Ll. lth Lll_ rL_ 30 10 P%20) IMD 100 90 80 60 50 30 20 10 TrusrEES'REPO YE&R￿￿K￿￿￿Y2O25 15

Intoihe fi￿year ofthe Peo StratwJykK2024-2026. Fxogres5 15 bwng made in the ccxe1F￿MeSth ¢Mrall stratrgcplgrr Emtrd ourwdluesineverythiThJ￿edo ErrfJagecyJfempkn Developthjr Perfom)to high sraKbrdsarKI defwfye Retain ourtaknt We maintain delivery of sector knJir¥J best praC￿f0r0ur most valuable resource and a￿ reviewiro scffEofour interna systemsand proceduresloenwrecontinuou5 devdopment and 5wce5saswe move intoihe next academic year. In the 2025 Emplwee ErKJagement Survey. 71 pe￿e to the survey out ofa pcwible totsl of79. a ￿sponSe rale of9PA Th￿e was a POgiNe enqagement score of 9r/.which Ss 6Y. abm la￿ ypar 6% alm the peerben¢hmarf( 8% SU tenchmark 15% ab￿ thethird sectorbe￿hmork There were many reswnses to be proLMJ ofin this yearfs survey aTrJ the Union 11 endeavour to maintsin this POSTtive eng￿ by continuiro to InV￿e staff stratequllyand KLialtyat all within theorganisat￿. 9f/. havethe r￿ceSSary kn￿ ski115to womoteequalrty. diversityand incluyon Iniheireveryday￿￿rk 95Yo Stateihe(xganlsat￿ Val￿ 957. trust and resFect theirmana 94% belRveth& thi5 cffwisiondelNer5 a h4]vality ser￿et0 ts members 9TAfed to frKthis cryanisali In￿ased scoreswwe Se￿ in n of13 topis wrth thegreatest improvements 2024surry intheareas ofr. Perf0rnTrr￿ M¥wment + IOA Collwues +PA ManagerTEnt +4% TRUSFEES'FEFO YERB1LxP￿￿￿ly2025 16

Ourtotal number0feM￿0veeS has Ir￿reased sigNff￿antIY5incelhlstlrne la51 yearwith the addtt ofihe Catwry Team,tFr Nottingham delivery * afKI a hoher number of student stsff.wrth a fa.rm￿ of brYJ servlng eX￿denced empbyeesarKI recent gradu Coordinators, thedeliveryof ouroffer will continue to be excffingyet stable, ensuriroour members receive the best possible sefyice. We have invested Significant￿ overthe pastyear with em￿£ryees gainiry ski115 thr¢xJgh Team Ler ApFrnice5hip5. Mentrl Heahh first A￿ and In￿#jat￿ Training abwidethe cole transfertable sknlls rwmme enablirKJ them to ft)Ml the reSFrf)wbth't￿s oftheir ro A review of the performance manaqement process, with a greateremphasis on skills and behaviours required fcx eth depattsnentshould result in the Wdlue5 ofthe Organisati￿ P￿ingtrUlY emb￿aded thr(xJghout all levels organisabo We ccyrtinue to seesources of addit¥￿￿ benefftforc team and we have rdained theftlbwngac(yeditatsM5 to demonstreoui ¢¢)rnmrtmenl in ¢¢￿tinuIngts be an employef of ¢ho￿eth un<kr$￿t1ds theV￿￿ and needs of its staff rescyJrce'. We wll continLto invest heawW in the pak em￿0¥Ment0fstLfjentsand graduates in meaninqfvl roles throuqksutoui organisatk)n provklingthem with essentkal incometo gjpwrt th&1 sbJdentjoumeyas wdl ascnxial work eXPe￿nCeand opportunitie5 for devdowenL M&ntenance ofthe Real living Wage will sup￿tthiS and continue to make usan ern￿Over0f Real Livinqwaqe Employer Mental Heahh at Work Commitment Mindful Empbyer Dlsabilty c¢￿dert¢0mmrtIed bmp For1￿ ¢cnIngyear￿ once agaln, forecast our$alarled ¥aff resujfce (Includingelected officers) to be less thon 50°A ofour annual b￿A￿ted expenditure. TrusrEES'REPO YE&R￿￿K￿￿￿Y2O25

c¢n>pJ 96/. Zrnn OVER 16.000 HOURS OF VOLUNTEERING LOGGED 230+ STUDEKf REPS HAVE SPOKEN UP NEARLY 20mO SHoirrusTED HCURS Cf MEANINGFULPADWORI( IN THE WHATUNI sTuD￿T CHOICE AWARDS. MAKING IT NINE YEARSJNA ROW OVER £16 CRFATEDFCRtXJR MEMBSISAT THE REALUVINGWAGE FfH PLACE 455 MEMBERS IN THE 2025 NATIONAL STUDENT SURVEY INVOLVED IN cOMp￿rnVE SPOFrrs NEARLY 1.200 900 MEMBERS 9Y/. MEMBERS INVOLVED IN SOCIEfiES AThENDING spoKr FOR FUN SESSIONS 6.000 HOURS OVER 300 AQRff THATWE HAVETrE OF SKILLS WORKSHOPS EVENTS HOSTED IN SAEAND INCLLEIVE sOc￿LsPACEs CHANoeATTHE UNIVERsirY MORETHAN 2.270 OPPORTUNfnES TO PARTICIPATE IN RECREATIONAL OVER 1.200 1MOO OPPORTUNM TO ENHANCE EMPLOYABILrrY HOURS OFFERED TO sP0F￿ TEAMS TO TRAIN & PLAY TRU5fEESR￿O￿￿ YE*RB1LXP￿Njuly2025

Inancial review of the year During2024.25,theStudent5'Unw hashxYked¢ketyWthWi￿￿Tthl1E Ne￿1￿￿￿ty1oenYxetha1I5￿ WLldconbnuetoofferour membersa fir5t.class expErEnce. For 2024.25 we arerep)rtinqam8n￿ ¢thrtof£lF4251 In ￿fit1￿￿5Wr20zj-24a gJmofQO7XX)OwasrewKYattheye8rw contributingtoa SLKplusof£230,737aThJ signrfKatrtgrthvth clcyJrresw%e&TIEseTTYJ)EShtrea pTrpa￿T￿ dtyJr2024.25gwt fvndI￿andth￿ffO￿deS9rWted foreXpEnditu￿in thi5year.cnpycts ¥KJLK1i￿[ebf3ndins￿.d￿￿vT￿t0flyjrX￿raI spaces, student facinq prclectsand ￿tl￿t￿,t(m]thrwth fixed8S￿t￿thgse￿The r￿P￿nedeXpe￿1rture8rxl rexAtirx]defi(At inthisyearareoffset by wms In reserwesfru7)the fina￿ swr, aIW"NJ￿kFn￿￿￿n￿0fresWke$wlthknW•2re￿1 Oties. Afflll Duringiheyear,Ihe un￿)n affliated totsfdkJ4rywwwskn¢ytstyswytttsc(KeobJ The Nati￿al UnionofStLttkn IMJS) NUS ServkesLtd £11152 £n576 £456 £456 8rltlsh Unlverskne5&Cc4sSForts AS5cK￿ £4779 Rth••ndah•(AA41 Ixrrnernbers norninated and rwsed luTrd5tthallrq£6S57trtsyeftra kdth&ity- Wycan MITh The un￿n,8￿￿ClIV0thed sutklrdry has been undt¥r&i&4thisswwth pla￿ lor 2025.26 behqde￿yd.TheY0rltf0r the yearwas£f,97812024.. £24,6651.Theconyw h85 re.Lquthd rt$ver￿eand eqvy￿1 hre trAJY"nesS reprthl&l h'sprintlngyratlon wth t￿expe￿atIon cIrryX￿Ww1IoltsryCthln2o2s.26. Trustees have￿&%￿d reservesFKAlcy IreereservesKxJkY be&sthan 000,O0Oorn￿rethan £150,000. Th armntofthefree resw%esisbaseduFK¥)thelNsk¥￿￿ FknnwKeofthe StLKlerns'lJ)Kninneedrytoaccessfree Folk)wSrothetransfersend dyts¢>(w￿er%$￿37O￿2tt2s$￿wjal Free re5erves.£208A7312023.24£230,737). Inth? ￿25.26 ￿¥￿181￿artheT[vslee8Wd te rede&Wingup to£59A73of Free Des￿nated r￿et￿. £56,r2012023.24£1422791 Restrkted reser￿Of£91O94 knietie5tWbJsc1£54271 WZ3.24.£16W irthks knlesfuThlsof £49,584) TheGr(xJp Is ina struYJfinanckl p￿￿￿￿￿￿3¢&￿1in￿OF£5l4k￿tyjw]1Ots 2025.25fitw￿jd year1£368k g)ItYJ Inio2024.251. Universtyguaranteed r￿Aned g8ntinCO￿￿frW202fj￿6 hastren c￿rn￿lat £2fth ihThversity hasconfimi&lthatfiJndiro wlll ￿M￿n staise Inthefinan¢bl years sw¢*￿￿a2026.Th¢,¢Th￿xrt￿with$￿￿oIree th desor•l reserves,qlvestheTrustees continueto adoptthe¢y)iry ￿Ceffl baws ofxc(yJnhr¥Jin 5tatwn TrusrEESRFoKr YE&R￿￿K￿￿￿Y2O25

Structur& governance and management BLrks StLthrts' unl￿ isan un1￿(￿p￿ale￿aSsCXya1￿,￿￿WlVj Ly[tsC(￿lil￿HM on 7 NO￿￿1￿[ 2013aThJ updated in March 2022 to dlowforuptofour0f￿erT1LEtee& h i5an I￿r￿Stered charitysrKell NcNerTthr20ll InurnLEI11448201. TheTruse Bcwd deWestheexer¢tsedCert&)kV•￿kncOv￿￿￿)7￿thetwnwj￿atx1a1m1n1$tyk)nOfthe iknIM asset oul bekjw Trys i5controled by￿￿re￿￿¥tl￿b￿ tOtheT￿ P￿ardlOen￿eallde￿5￿5 underthlewd po￿￿￿5 can be ratif￿ bythefull T￿stee Bo¥d in d￿coL￿ Asamerrknrdrl¥￿ (knxTr￿' ￿ganISati￿the￿0f0lydernc￿rntr ￿￿￿n￿bIlItY is of paraM￿ntCorttrn. Unlon Coun¢ll Union CourKil lest￿lshed inO¢tcthr2012) r•yfryum Ih8tWryKle$animport￿1lnk be￿ the manaoetren¢andoffKersdikUnthwxJ its n￿t￿s￿lI￿nC(tsXallsOW ts)41 memW¥th attetx9nce0fM￿eth9n 30 membets per meetlNJThe M&￿L￿￿￿￿￿5ethi$fc¥uMtot￿&ltt￿elec￿doffWT￿tsteest0a¢c1YJnl$h￿e￿kn$d￿jp[¢￿de fe&Jback onthe1rexpww￿e& The Flnanceand StaffingCcffimtitcrynwsesttfCAxOffwT￿£￿S￿thnt Tr￿￿￿T￿￿1eeaTh￿ keyrnanagement personwl end treet$ rrK)Mhly 10 overseebwkp1srerfwr￿ea[Kl ts iknteaft Bvcks st￿￿ents. unl￿ eM￿¢)Y$8 ChEfExecXrt￿e,Trt$trnTrr￿rato￿th dOsetytrllh￿0ffi￿TQe98nd etstNe managemern olihecharftyas ￿e￿10fthe sentrfMan¥Jet￿ wmasfdbs Deputy ¢hWExeaANt Fharte Manw¥r RemuneratkJnofthesenkw managenEnt teamis t•s9j￿ pK¥ntssystem hrole Is b3TrJed basedonexpwlKe. reSkwblft￿•dQUI￿cabC￿￿rWnem TRU5fEESR￿O￿￿ YE*RB1LxP￿￿￿ly2025

TheTrustee Board iscom￿￿jOfeQht ekctsd ismwk ¥)dthfeed1ff¥enttaW￿e aierm ofoneyear. firSt5￿ofWe$￿￿C￿￿TO￿Iee$Ma¥b8￿￿￿re￿C￿ toswvea second temi after sefvlnga secoThJ tem OffterTfLtstees MU￿ LavTrLEteesW￿)knreS￿eCted tyanAppintrrthsc￿rffiittee￿ rifiedty8 re8dth?natUnbn¢ourrtiland 0$￿ aierm offovryea StLttlentTru5teeswho we8￿cled￿CrC6ScarrQLBbd￿JlInXC￿dWKewth sec￿on 22oftheE(hxatbnkt1994aTrJwho 8ervea maxlmum temiofts￿ years StLthrtTru5teeswcthrwMn in Fost vlilst Ilw atthe Bwklnghamshlre New Unwslty. Trvstees. rdes and re$￿sIbl1ft￿e¥h h8s 8ryytkAbCAinwesTs¥thth￿rean u￿$￿￿11r￿Jand8 re¥￿ns￿bIltyfry spec￿￿ asttcts ofthe Unlon'sk NewTrustees receivean lTrJwtKn￿kCCrt￿r￿Th4e￿Ylhir0tyneed tokrKwab>Jt the Urion aTrJ it5thtoenabk effective a lthrned dec54￿.mak[rUTrUSIeelra￿l￿)$eSSl￿$tsr•TrWeeSarewann￿1￿8￿ro¥de stratsty¢ revwsand as ne•Yed kanyothwwrpose.TrTruswcortinLtotske seriyAyfv W rew1rwywtsofthwro￿a￿K1Ithe regard Of1￿ guidarte publthed bythe Charity comnNSg￿ ￿ wbkb&fft. TheT￿stee$W￿J$e￿ed￿Ar￿jthevwthWJfOthedth¢18r1X￿￿rftsfjnW￿ ¥￿t￿￿ts?￿eSelWt ￿ r&qqe2 TrusrEESRFoKr YE&R￿￿K￿￿￿Y2O25

Principal risks and uncertainties The UnV)nsL￿slnessfisk regi51ertswLkrty reViEvtsJiryTt￿letsaTYJs￿r1W￿￿a[￿l isareJ li categiwasfolb Enwriwthe Con5tituti(￿, 5traWGtearn ir￿thI plarKsweaW oJrtwrtaTrJ rywcwJThat wJKie5at¥J P￿￿￿Jure5a￿ up todate, wularty and in Il￿With gcveNwKearKI ￿1 1raTTkkn￿ EnwritvJthat cLyntnun￿￿￿ bet￿￿enTrUS￿, senior Managu￿rtStaff. members¥Thlstskeholders isÈtedw thatapvC￿m8el1rV45l3kep1￿etr￿ththe required rthpletoenable de¢igon makirK3 The prlncipal c￿rdteand 5traw¢ri4c fortt LhK)n i$tyJrrElatiL￿thlp￿1h wruh￿Il￿e N￿un￿e[￿ty. and Lhlvetsity Staff reman in reqUIartt￿tact both formatya￿l inf0m￿￿t0d￿rEW8nd exstirorelalionthipsanden4e c￿nmunKatb￿rL The Union can Safequ¥dirofJJrdatawith passwords r￿r￿1￿j￿¢essio syswnsusryrwkn"fX￿Wjl￿￿.￿,8ThJ erwdwwrplarKewith ihe uirementsofGDPR Al critul swemse rTwWJedtrytheUT¥￿&)d dataisstwJc¥)theUnwetsitynetwtyked servteswhkhare subject tosecurityand bxkup.The Un￿￿alsoreytW5the￿ rfra5twcbJretoerwre itis rnantained upgradedand appropriate for use. Lod(Iw 8ttheftnar￿a st￿%￿YclthÈffjwISatic￿8Th￿ intemal ccrfrt45•J le5￿Ce4 ewrirothattrE Lhilon Is ntst open toflrnar￿l￿ mamSar￿￿ Reg￿r and trthrewrt1roclfinarKk￿ 1nfv)rMat￿ enthreviewand contrd and wpwxts declsion.rnaWng ProCesseSa￿ regu19rty toe￿￿ ￿￿lodet￿M￿e tke legmimw finandaltransactlor rwrKipal rfsk rdateStot￿Un￿Y￿rethKarqgmt A$ares￿L￿tsXh￿1'rl] pryes$1srthst8nd Indu(J9¥¢onfimiadon of gr8nistobe patl by the Lknlversfty. Ihe ts Incothtxjtlngio swdents'overal eXpe(i￿¢tWh4 at the Uiiwsity. EngJrSngthere a￿aP￿0prL1teKjac￿qu￿l)￿rrWtt$tr￿ln Fetomeetthe rewiementsofthe¢J)aths AcLenaLlingT(ustees The prlnclpal dsk w￿h go￿n￿ce Is￿$vrfvyJth￿￿ B(wd ￿Tr￿unC￿$[a￿1atXl n￿tr￿fe$￿i$i￿Iit$, providingadequ governan￿ ¢￿tr￿ arKJdecision Mthi￿ e(wd inckthsewltrtedTtUSts￿d fclltr•tsa rclx)strecrLitrnent pr(￿% The knowkdge uThJerstandingofTrustee5isassessed8nnLk4ty￿ ￿vtsaYIr1JleqVlre￿m￿¥e8ddreSsed. As5e5slro￿d reviewirolhE aTrJ 5afEtyofoLrcfeatimSwJtht￿S Rdkqrreis F4xedwtheUnw5rtrfs Heath ￿dSafetY teaM,aknq￿de acompuls(KytrainrowrKJrarn￿￿a1er￿ee> In prev￿u5Vear& M￿gi￿lhe risk ofa Par￿￿WaSc[l1Ka1lno￿LVati￿saryjm￿en￿￿edgvthn￿1SWed bythe Govemrllent was adhered to.we remain aknBre ofthe F4￿￿.11tyo1￿r effecti%0￿ wacticesand procedurest0sup￿Vland manage staff w(Kklnqren￿ty ¥e in in kne TRU5fEESR￿O￿￿ YERB1LxP￿￿￿ly2025

Ensurinqthat our staff areapproyiatdyqudthed crmnytted tO￿rrcIeSTr Union hasa rotxjst recAuitnE processand allmeta￿efry WLlar rwFompwemlwardaA￿$Tr8IltYJ towrethateveryone hasthe opportuntytt>devek¥)theirskillstoenhartethe¥pwl￿￿ The(arityhasinvestedin ensurirotrt%%efrAkfv4best r￿t￿e8$I￿aSeq￿4￿.dNer%tyaTrl isc1￿cernedThe r￿ruitrnent metkK)d has been totally rwKk8Ysothatwt tetterre• 11 The principal risk kyoFerat￿& act1wtie5a￿I heathaTrJ • ￿the￿￿lL￿.￿joIO￿r[￿￿%[th1P 5taff.Tr unic￿ is aCt1￿Y InwAv& with rewewiroand maintainirortsk regi8tersfrgewal nd(s al xtMt￿and•￿nt&ASkn￿l asens￿r0dub p￿d ￿￿cOMmittee m￿)bef$are aWa￿0fthe re￿￿￿￿"111e& they must thguard ts"rnwtws.frahhwd sthy Irthingis8￿&8b￿f0r¢IVb$and societs, committee membetsarxlall staff.TheUnkkn&ti¥etymresthatavyqx iswi that covetsdl tsJrrart actIV￿e$ of theorganisatKfL Statement of Trustees. responsibilities Thetrusteesare re9x1nyNef￿ vep8nrot￿Tru$tees Retxyt arylthe fin8Thi stsknts no￿￿￿r￿￿tha0￿9trjeIgw￿ Unked KSrodorn Acc￿￿1ng StaThJards (United Kiv>kni GewtyN£cetdP<coJntiroPWicel. Charlty Lawrequiresthetru$teestokYepa￿ final ￿￿?41￿W￿ql5tatr￿ea￿ fr ￿ewQfthe thwtion oft qrovpaThd the parent¢hwtyWdofihetsrynhJrewces￿￿lC0￿￿dre5c￿￿ kKkKlirKJtsirKxTh aN1exp￿1W￿, ofthe¢Jroup f¢xiharyear. In preparfnqthesefhar￿lal Statern￿ theTr￿lee$Srefe(ved sd&tsuitthe ccxJntingOics and th)appIYtl￿rC￿. observe the rnethrKlsand F￿r￿A[Aes1n theChwitsSORP. statewhether arWIG8trAe UKk¢rAJntirosts￿tsrd5￿ matedaldeparturesdkxJ8nd ex[Aal￿dIn tkfinawtsl ststerm',arK eparethe finwKKg1 statwnerrt5 0nthegirocc￿u￿ baysL￿￿11 WWLywktoprewrnethattrE Laritywll continLEin operatKJn TheTrusreesare reSP)ng￿e￿keerITr)￿va[e￿mj￿irNj[eU/￿str￿rth￿k)se wth reasona)￿ CU￿Yal anytimethefinancial F)O￿t￿nofthegr(￿Pa￿jellab￿th￿ntoens￿eth3ltr￿fin￿￿Ial Stat￿TEr￿C￿T￿￿￿thts￿￿￿￿iknesAct 20n. They arealsorespon5ible f(Ksafeguardirotr*assetsofthe¢JrrApaThl h￿fr￿la￿r0rea￿￿blesle[tsfOrtsV￿lKffi8nd detectKynrrffraud￿ other TrusrEESRFoKr YE&R￿￿K￿￿￿Y2O25

Reference and administrative details of the Charity. its Trustees and Advisors een Akxandra Road High Wcomb Bwklnthamshl HPI12JZ AueHwse n-15WIIKamllthd Santander UK Pk mers￿lde L30 4GB Presilent +kny Fl P￿S￿lent Jean Marc A￿g(￿a cePresldent.Wren Sell cePre$ldent, Harry Torn11r￿• ￿CeP￿sIdeffl, Btth8nyJack cePresl<knt, Erin Ccrf)k MeePresldent,Wh Bur￿1 Ecdl è)22 E￿¢ted1)j￿ 2025 E￿cted7 2024 X)24 Ethedl ￿24 2025 E￿¢ted1)j￿ 2025 OacobAfedi Deewhyte Om Dadhw lshlaaack Ellie Lee Ritwnary Benny Adaeze Ubah Sam Gupts Ekthed1)Jty 2023 EkctedlJJty 2024 EkntedlJJty X)24 Ecdl J)24 Ekthd1)Jty 2025 Eknctedl)Jty 2025 Ekcted1)Jty %)25 )25 Rdired20JJne2025 Tracy Smith aennfferNotle Ireewadel Chrisrophersmith BraFKtyCdlin5 Kate Bouher ArptrJ 18awaryXJ24 Apyin￿19Ja[MJary))24 ApFK¥nted 9 May 2024 ThSs wa$appr￿ed tryTwseson --- s--4 CJl.- TRUSFEES'FEFO YE*RB1LxP￿￿￿ly2025

Independent Auditorfs report to the Trustees Oplnk We haveaudite(Jthefinanoal 5taternents0f&￿kS StLKknts' Its￿1￿￿l￿,larKI its wbsKlrary (the gtOLpI yeaiended 31Ju 2025which cornwsetheconsdKlated statemertoffinarthlthtE&dwitystaternertoffinJKialactfft& CC￿$01￿1atedand Un balaweshee(theconsolidatedstatementofcash Trxes ￿ the finanud stslementsl￿A￿ITrj￿gn￿C￿￿&cC0UntirQ pol￿￿. Thefinanoal repK)rtingfrarrwkthat has L￿n Inth￿r￿Epd1￿Th Unit￿1 KryaknAccwntingStsThJaid& I￿l￿bro￿n8nCLry1 RerKKtiroStandard1O2theFna￿lalRer￿￿tir0Stsrnl￿d 8FWrA2intheLI(8Th1 ReWbI￿ dlrdand (Unital KiTh]dorn Generalty Ac£epted Acc￿nting Pr￿t￿e1. In ouropinion t1￿filla￿￿ statemerrt&' vea bweand farmewofthe StsteoftheWps￿ l￿'saff￿$8$at3I a)25wKI ￿ts"r irrryThngresources ￿d8P[Al09ti0n OfresoL￿e& frKthe ￿art￿e accordancewith ttrereqvirert￿ts0ft￿{￿rl1￿Aa Ba•1• for oplnlon We audii in 8cc¢ydwew5th InmatrThl S￿rdSon A￿lI￿(V￿) OSAsliXII ￿8￿￿¢￿tAe Lw.thr ￿Spon￿bIl￿es uNkrthose $taThjafdsa￿ fUrt￿r(Je￿nbed SntFALKJitCrf'sreswnsblitskttaLKJit cl￿fina￿l swments section ofour ￿pOrt. We ¥e hd8FeTrJentofthegroupin ￿K￿d￿wI1htheeth￿dIeq￿w￿ts1hot￿￿eI￿nltOw￿rt ofthe f￿a￿&s1 statements in UK inc1￿lr￿the FRC'sEthtal Sty￿3rd resFK)gtxliskn ￿)rd8[￿￿￿th theser￿u1reM￿ts.we bdlevethatthe avditewdertehehave obtaned is ￿ye￿a￿lI￿YCYth towKkabaSSfr￿£￿nw)Th Con¢lwlon• r•l•llnqts9￿fi9 ¢•n¢wn In auditlngthefinanoal 5taternent& we havecorKIL¥Jedthattrtruaees Lse0ftr￿rfr￿ecrtem bath lnthep￿p￿0n of thefinanc1815taternentsls apprwata Based ￿ ihewcwt have p￿r￿Me￿WE htheThx artyMaw14￿rt8nbes rdafjtwJts)everrfs ￿ea￿lI￿nSthaL Sndfvklually cdlectively, maytast &gThficant(bLbt ontl¢Jrcwa)d uwi'sat4itytoconti￿8$atjCrfNAc¢I￿em fOrawK￿0f4t ￿$1 months fromwhen thefinarKial staternentsare aLrt￿￿$edfr(i$Sl r￿[%)n$ltr￿lvcsand ts respwtrilitÈsof1hetsiJstrestr•thw￿￿￿rttjc(r￿￿n wedexrfwknthe r￿￿antS￿C￿$0fthls ￿POrl Theother infcmib)n Ccryrwthelnform￿ infv¥nw4rekyM(tsthan tsfinartid sraknn&)tsaNloUra￿Ift0rf$ rewrt thereon TheTwsteesa￿reSpon￿b1efOrthe otherinft￿￿ C(¥rtar￿￿v￿tt￿ theanwal C￿r￿¥T￿on cfi the fina￿&?1 statements does not covertheother infcrtK)n and dorntexrKess¥yfcffliofasswarKe&￿JVsKjnt￿m (ljr re5F0￿1x"1ty Btoread the other InfrKmatk)nand, Indolnqsqcon￿der￿￿heth￿trE¢Yherlnf(Xn￿W•9n￿en1￿IrCc￿￿steffl wth ts finawk81 stateTrRnts orourkrK)wledae obtalneddurngtheaudit,oroth¥wtsea￿&$￿ be rrNwiJty mtssrabllfweKkntify matetial irtongstertsorappartnt material mi5ststernent&hEare tequired to deterrnirEwlKI￿rthls¢J¥ts risetoarnateria rTNsStaten￿ln statements thernselve& If, basedonthew)rkwe have pthrned.we ccrfthJethatth¥e15arnaterialrrisstste￿tofthlSOtherlnfOrrn￿.we are wuired to iepJrt thatf8Ct We have r¥)thiF¥Jto rewt in thk5Wtd INDEPENDENfAUD[fOF¥SREFU￿lOTr￿T￿ YE&R￿￿K￿￿￿Y2O25

We have rK)thiwto report in reSpectclt￿fdkY&￿r¥jrnatt￿s in rektiL￿1o￿1Xhts￿C#tiknes Ih£iyyJnts Rewxtsl RegulatK)ns 2008 requireustorewttosY)u if. inwoF1n￿L the information in thefin￿¢%aI Ss1rK¢Ms￿knary mial thetyLtsw'repc¥¢ ffiuent accountinqrecordshave rnt￿n kept. we havenotrec8ved pjl theinfOrMati¢￿ wk1exrknt￿mS%requwefrffA￿ R••pon4lblllll•• olTrv•t• Asexplained morefrj1￿ln ts St8temwrt(rftnthes' reskKrritrlitwthetnrtare resrKwtrJefOrtheww￿ti￿ ofthefin8W $tsternentsand for bw'nqsatisfied that ty¢yvea fwvw,and kyxthintwThqlcmroIastheTn￿tee$detern￿e is necessary￿ e￿￿ethe p￿paraIkY)OfflTha￿s￿Th￿thalWe freefron nlss1rnwlwtrrdue￿fraLmj0rerW. In preparinqthefinanua statement%ttsTr￿teeS8rere￿th fryassesgrothe¢]rotT>$8ry1 LknK)n'$aix"Itytoc￿Ir￿Jessa ¢JoiThJ concern, dlscloslw as 4)pll¢able,mallers related ¢owrKJcc4KwnwJ balS0f￿￿jffllnqun1ess the trL6teesdihersMend ￿lIQuid￿ thegr(w¢yihelJ)K)n￿￿Cea$e0wk￿1￿￿ ha%etK)wIBt¢altrmafjve tothjs We have been awhted as audxurKJersecithw+clttCharfOesk120M In &CL¥dtrtewth theAci aThJ ￿kant reguLions made or havingeffect tsreuTrJer. I￿rQ￿e￿IVesa￿ to o￿a￿￿SCI78bIeasJr￿tsmwhthherthefintry)1 s￿?7&￿$￿efreefrCfft m￿￿11 mbswment whether duetofraLKlorer￿.aN1 t01s￿On I￿￿11r￿s￿￿w'nb)NRea$Onth assuw￿lS ahigh levelof 85wrance tr¥Jt Is notaguarantee that anaL4Iit c0Th￿rIed naccordm wth ISA5IUKlwillalwaysdetecta rnatedal rni5Staternent when It exist> Mlsstatements ar￿e frryn fraudcrferr¢yaTrJareC￿Sidered mat￿1¥rf,1Trd￿k1U81ty (x intheaqqreoat¢they¢¢xJkl Irwuladties, Includngfrald are Ir&arKe5c4￿fi￿CMF1WKe ￿￿th knand regjLql￿We ￿￿edureS in I'r￿ re5pMsibilrt￿,r￿rtllned atXY￿,t0d￿ecf materfal ￿$Statemert5 In reS￿d￿ra)￿￿lnd￿jr¥4frdTheeXtsnt towhith ￿r procedu￿ a￿Ce4)ableofd&e¢ting1rregVknbes ir￿￿lr￿fr￿d 6deW As partofourF4anrdng prccess Weewuired Orma￿thes¥S￿￿a￿J¢c￿rI1str￿Unth has il [<thear￿d￿￿nartI￿ statementstha a L￿t susceptibk totheri5kof 1rrewatrt￿Znd fwIar¥J%￿%IIttt￿ew￿WrykrV+WK ￿k￿d¢￿aldfttud.Tr￿ un￿)rn did notinform usofany krK)trnSU5FeCtedoralW fr& Weobtairdan Vrdwthndng￿IP￿34 a￿1 W￿8[￿f￿￿￿￿ar￿atde￿tr￿l)1WYLwed￿teMIt￿d fdlowiro wete m05t ￿e￿the Charity SORP, FRS102arKlch￿il￿S￿￿t2OTL WeCon￿dered t￿Ine￿ntiveSa￿10rrfXyttmthsth81￿LSI intheUrmiThth]theeKtentofman&]ementb￿&trknith present a trlrregularft￿s &Klfr•xlts) be rwKtIU￿•MJtr•k￿ed(Wntha$seS9￿?ttUdIr￿. u￿ng￿rkn0￿ety0ftheUn￿ry towherwth Ihe(X%yJssiL¥￿ hekl at￿ Fl￿n￿gstaq0WefOr[ned a clusion on the risk0fmtsstatementduetoir￿￿MeS￿￿MlrQfr8udaThl￿1Ored CAJrprc￿edUre%xcordInqIothIS risk YERB1LxP￿￿￿ly2025

Identrfyiro and testirownalentriesand therm￿￿1 ￿CrA￿¥￿rec(rtrA8rtirAj￿lhr￿elh&tWere￿qnrf￿ntaTrd unu5ud. AsSeS￿ngtheextentOfC0rnrA1￿￿Oor1￿k0f,￿h Iherelwant L￿8Th1 r￿Aat Ass&ngthevalldityoftl¢wcatvJ)dirwrtexp¥wJitut4a¥sets￿ IhMlthstth￿￿re$tr￿￿l￿d reStrk￿fv￿j¥ DcLurnentinqard verifw.ro dl relad party tr￿a￿arKI￿saCtk)n lewIngd￿￿rr￿ntsl￿ns￿h a5Lxxrd rniw1esfDrd￿O)s5K￿Q4IrTryLknittsITY￿T¥￿[1&￿ Testinqkey revenueliw inp8rtiCxAarcut.off.for￿￿ofM0n•Fn￿rt Iy85 Perfornlwa vertfkatwdkwfixeda58ets Obty'ninqthird.p8rtyconfirmaticndrnateri81 4INJtotr SnFrentlimitationsofan JxjKthe￿iS rwr¥xhMthted ￿memate￿al mtsstatements in the finanoal state￿￿nts8￿ t￿hhave wcwtyF4arffiedaTrJ F￿￿rr￿d￿ra￿11ln accordarKe aL#lthTrJstaTrJard&The wmary reS￿￿$1b11rtyf{ytheF￿evem￿1n and detectK)nof irreqtAarn$8rylfra￿ restswith tstwsteesrlt￿ulI A furtherdestrfptI￿ clouf respKThtylthSiS ￿. &4ecnttF¥wK?alRewtrr¥JCcuKilswebsrteat fr￿￿/￿&10rsfe$￿?nsIb1lI1Ies. Thlsdescrlptk?n for￿￿ part cl￿raUditc¢S repyt. U••olour r•port Thls repjrt 15 made 8c4ety tot￿v￿.$[wn￿a5a to lnxcwd￿Wth pyt4ofth2 CharIt￿l￿o￿nts9nd Rep)rtsl Wumlonj 2008. OuraLKlrtktsvrk has been urKYerten so thtrmk]ht stsretothevnw'str￿l￿M3tters trEare required tostateto t￿rn in an audltus, andfornoother WrpxTOttfulkn¢￿en1l￿MrtiedtyI￿.%￿(kn￿ aCcept￿aS￿jn reswgtslitytoanyoneothef thw theUnk?n and theunth's trusteesa5a v*rtE¥tli5reprt￿f0rthe0F￿nkX6I￿e haveforrred. IW F,&. A.J,4 CharteredA¢cc4Jntsnts StatutoryALNJitor AcreHouse 11-15Wllk8m Road United Kirodom NWI 3ER 07 Nov 2025 HW ￿sherAUdffc is eliglbletoxta5￿rto[ofttEun￿ trywirLEoftsdW¥LxlityknawyintrT￿I a5•AitviofaccryanyUndersect￿nl2l2 ofthec0m￿iesAct2oCxS. INDEPENDENfAUD[fOF¥SREFU￿lOTr￿T￿ YE&R￿￿K￿￿￿Y2O25 27

Consolidated Statement of Hnancial Activities For the year ended 31 July 2025 YE&￿￿21JUIy2O24 Tcrtd2026 strtted fu￿$ Resiricted TtstÈ12024 DoTh•tkns￿d university8￿ athwgr 8MJ IA28S 9￿.449 2,350,500 Rsslrqfvnds 61518 75.337 CoDYrVn￿lQnG 125 In 212 1,N7 1955 2955 3,625 250,390 26,40F 8¥%, 6￿p ondc4teifvJ Evlhlsand ente￿1￿￿￿• SoGlles8ndclub o11enwknn8￿ dvAlopmerrt Trnnswrt1t￿1l1Inttl 250,380 44b49 47fi91 arn 920 46.747 400,834 920 $9JMII 729.M9 80&790 TptllnGornlrqr•wwH• 3.237,431 ExpnthJr•w¥ R•lnqfvr 44,SSg CoMvnK•iiws Carnpolqnsandaffil&qWon• 24B.961 3J 1923 265292 47,90S 17.127 249,496 43.001 154,615 293,092 408.330 449,019 299.129 178A44 39.799 306,609 490A09 39,196 3.951 261.7n 10.658 321 31,￿4 449.019 271024 M.830 668 1X.296 Rwrwdentth 6¥1, I￿p kndcèteiinq 247.994 59A90 307.494 3nro 437.933 SJ34 43F.933 267.985 SoGlJndclubs p(tr￿s10Th￿[sPl¢¢ kndfBclrt 37249 27.104 16&614 38,131 195,312 4.163 1807 67.744 909 3￿￿J2 114171 Orlentatknna￿ d￿lOPMer￿ Trnn5wrtat￿n1lncl Interc4rnpLbLty) 3ll102 34m7 a968n70 1.959.974 95Q967 a•lO,941 950.967 2,955,610 1TrgJ561 23&168 .821 Translerbet4%Yen lunds B,5MI 78Slll 64,164 2￿.821 Fund balanceS￿OughtfDrW 15S,359 99A63 2S4822 Fund ￿￿￿te¢￿r￿tdftsNyIrd 351.2SF 373,016 IS3h27 536,643 AllincomeandexpEnditvredEnv8fr(Mc(wit￿KXJ￿ts¥ftIR5 A￿LIAlSTATEmE￿¥FS YERB1LxP￿￿￿ly2025

Charity Statement of Hnancial Activities For the year ended 31 July 2025 Ye¥¥￿e￿alJu1y 2024 Tota12024 fu￿5 Universityar￿ thergr&rts IW72 g.949 2,350.SOO CO￿K￿v￿￿Etl0ns C4rnpalqn6?nd4ffilllJtlcnF Represtntaio) Bar, shDpandcatenng ntsand entert•lnm SocletleSAndclubg and Tronswrtot￿n{1r￿l IntqfwnpwBw) 212 3,62S OJ80 1,&7 1955 19SS 3,625 250,380 26,407 2U07 4&747 47h91 7.995 &931 466,934 3q920 593ffj11 729.119 746n 803,790 Monaqementfe Oon8tlon Irom6SUTithqLtd IDveslrMnt Ir￿￿? 6,WO 6,000 53 41 41 21103 23,tr)3 Totalln￿rnIrffjft1•￿rm• 9W20 3.177,393 Exp•tthr•N chrh4b104Cll¥lttMfw•i￿Trt4 Commun￿￿10n8 249.961 265292 47.904 17.127 ),W5 IOhS8 3K321 249,49e 41001 1S4,61S 29J,092 408.330 449.019 299.129 178A4é 1923 fj. 143.957 261.rn RepregentBb BWÈ, 5hDP$ ndtti 59A90 X)7.494 I44￿? 437.933 287.995 437.933

)6J 449.019 271024 f.830 Socletiesanddub9 P[Cr￿s1On01 wr•sAl&diit Volwteering 37249 27.104 4163 61.744 JeawJg 102 1&S,J12 1.296 1,655 306,608 490A09 TtwnEwrt￿nll￿l InwwnpwBw) Spec￿1 prole¢tslliom Reeer 34ffj27 n4.I 9248 1968,069 1.9S9,974 950,6 2,910,941 Noikneom•l0rtho￿r 06&6651 45,￿3 266,452 Transferbet￿n funds IlQ11 201288 64,164 266￿2 R•¢onCIlatknndFL￿d Fund bala￿￿8￿0￿gh1t0[W￿d Fund baknncqscarrl•dfOr￿rd 3482n 1627 99A63 245,546 348,3 27 5f,998 AllincOmeandoKpendit￿ÈdeftvÈffthhcC￿￿i￿1v4￿￿1S M4TrLIALSTATEPAErir5 YE&R￿￿K￿￿￿Y2O25

Consolidated and Union Balance Sheet Asat 31 Juty 2025 2024 Group iknion Inveytm8nt T￿gIblfI¥edame¢ 61293 61293 61293 61294 Stocks Debto ¢4$hJt bpnkJndlnh>id 34D 31,797 219,S92 341212 7.963 Tot41¢urt•Dtw•l¥ 684x173 652,901 vrr•Thtl￿￿1lK1H Ciedltoi& (OBB.X7) (209.72)) N•t¢vrr•nt•¥••t• 4N350 449,700 357297 $36 1.998 R•￿￿nt•d&¥ Rutrkt•dfrJn Stud¢nt¥ ¥wletlw•idclublwth Othei re#rlcted luTrJi 49,584 3P.9 3p. 114,043 161827 163,827 Geneial tur￿¥ 230337 141279 20&092 141279 34B,3n Totlr•Mr¥• 217 53eN3 S11.498 This rerKJrt was apprcW￿I tyTrusteeson 07 Nov2WIS A￿LIAlSTATEmE￿¥FS YE*RB1LxP￿￿￿ly2025 30

Consolidated Statement of Cash Hows For the year ended 31 July 2025 59fi07 CMhfiwfrOrnkn￿Ir4Xf￿ DB,6241 N•tGMhuMdlnknvMtlryxth .6241 ¢￿T￿le￿￿¥h￿¢j¢uh•qVWmIInIfv• 40.•83 307,9 32&980 4121 3fj7.qfj3 M4TrLIALSTATEPAErir5 YE&R￿￿K￿￿￿Y2O25

Notes to the financial statements 1. A¢e¢wnllnq ptslld•& Thefinanaal statementshave been sxepared in ￿t￿danCeWith ts¢haritys¢thwtuwnthethgriuesAct 20M aThl'PL¢ountir0￿d nancial Repxtiw Stsndard ap￿Kableln theUK RepJL1￿I￿e1￿Nl IFRS102) eff￿l￿￿J￿¥jary2O19'. The Unk)n Meetsthedefinlbc￿ da pu￿￿ FRS102 Assetsand 1k￿l￿eSart Inftialyrecrwised The Unk)n SsaqLM91rfylrqenuiytrts wrp(6esofFRS102asa M￿nt￿da¢3ro￿Ithth wepwespthJWavld)k consdidadfin8nck91 statementswhth ￿ inter￿d to¢J¥e atrL •dfairviewc4ttassets laLlit&firnanoalpotK¥)and wfit ￿lO$SOf tjroup. Un hastherefortlakenadv￿tW￿eOfexernpILTh1r￿n ￿￿reW￿l1￿tsofSeCI￿7d'St￿e￿￿ntofCthFkxv5,tsf FRs102whlCh￿VL1d otherwlse havereqL¥redthe SepArated￿c￿Ureofth? Lts￿'s￿￿cd5hffiQ• Theflnanaal stmentsare pre￿￿￿1 kn SiethuwhthL%thefvrttkffjdc￿yWofthed)tr1ty. V￿rtary￿￿tsin1I￿$thteMents a r￿ndedt0 the nearest £ The UnK)n i5in a 5tr0ngfinart￿l ¢tthiih)dof£514k ￿￿)Intothe 2025.26 fhartid year12024..£369kl. Furtherguaranteed unIve￿ty ￿nt Inco￿￿clE2.667rnI2￿24..£2o58meMd￿￿ir1a￿￿alr￿J￿(c8FI￿le￿peTh￿rturel has dready apwoved andthe Unfversty hasccthrnRdfvrnllrq¥dl rertkqInststrJeknthefm￿￿￿￿CeeLIlrrfJ202s. At the t1￿0fap￿￿therlnErKIal 5taterrnntskftheyw202ty2&1￿TrLEIeaS•eC0r￿tsj8rttha1 ttry hBvea farard r8osonats4• expectatk)nthatthechwity ha5 athqurexwcesto betQCfmte in its¢xrrentuThknkirOstst￿foregeeatr1efvtufTheTrWte¢s therefor&continuetoadop¢ihec￿Aw¢Mrn b9ysofx£cuntirqin FYepOrrq￿ fina￿1 strt￿ts. AII I￿orne and ￿1)101 rescwcesarerecoantsed stwnthlkn￿thrItyl3w￿en0tledto a￿lIhe om¢)Jntcan ￿ quantifd wth reasonablecertamty. The Lkwwstygrarn ￿lfeeserV£￿￿n￿Jdati0n on t￿ camws isaccound f￿asinC0￿￿and exFendKUreclthepratanesirrwl￿v&IxItr&t￿sslLIdtifits Urith ty rEferertetotheaKEmalvesM14e onth• commerck81 Market. ExpeTrJiture irreccNer8tsVAT. chwrtthe￿rtwec£￿￿tt￿theCt8Th￿1Ththr￿t costsofddivertngpublr tsen2fit Governancecosts wel￿)se irr￿r￿ fOr￿r￿￿￿th(X)nsf￿￿)n1 as t￿ amvalaudrtannu elettions and trainNngfcYTruee& fftrt)eads irtlLKJirotlWdioffteesv￿S￿camF￿&c0nyTr￿ is apportIc￿ed c¥)thebasi4of thetotal costs of each yoFctoractwity V￿lertake[L and fittinqs 8re Incl￿ed atcost t￿[￿e(￿L9 w￿ded atth2frkn"rO￿￿￿ rates Inc￿tr)￿ltelheC0SIofaS￿ts0ff overtslr esiimated usehjl liveg BU￿ding improverr Motor vehic￿$ Fixtuw andffttlros Office e(wipm&rt 3t0£￿[S 5 years Ito5 years 3105ye A￿LIAlSTATEmE￿¥FS YE*RB1LxP￿￿￿ly2025 32

Notes to the financial statements l. A¢Mvnllng (¢ont) Sm ofthe pmnent staff c11￿1￿￿)are￿n[￿￿ofF￿￿IV￿)M11Ie Newunfftwandas￿ewvered bythe ￿ned benefft pensK)n opErated bythatLKKty. No shareofthe uthlyw￿a5%1saryJ kaL¥liti￿￿ LEdirecttyattributed totheunion Urthrthe actual Contri￿t￿r￿p8k￿thrLXQh the year. bythe Union tot￿sche￿￿ in respectcAtheye8r. DffkIe￿e5￿efv￿en inthesara￿l p&lare skwasaccru3L8( p￿p8￿Y￿ts ¥ithe W￿CeSheeC Stttk lsval￿St Ihe ofcost aTrY ns The Unk)n h8s d￿loaththe 12Dfvr An￿1?1 Instruments Issues. of FRS102toallof Stsflnandal Ir)StruM￿ Thechartyonly ha$fin￿Ch918Ssets8Tha f￿Cla 1kIrt￿5Of8 knTrYthatquafyas b8sK nsbwment& Thesefinarual InstnJm8nts 8re in1￿81Y woqnlsed twsacith n￿g￿l￿ther serdW￿¢v8h nd let￿Ni1 Bucks SILth¢ts' unl￿ ￿lMIn[s￿$ wd8CCOLmtsfraThmtsd(h9rtthfw l. Unrestricted funds rewesentng urwt vthichffw LL5•J lorwry xtiwty/wpKEewitFMn ￿ i￿￿￿obJectsVeS atthe Executh CiJmrnittee'sowndknretk)n 11. DesWadfunds a￿de bythe ExeoAfftCcmnilleetr)besp¥rtc)aspwficwKwatrtSO•mdireU 111. FlUrttedfU￿I$ raisedand admInWw￿I wrrthes&sdetwmi￿bY5tvthntS swh as dub e so¢kny 8ccovrns a5 wel a$gr￿rec4￿ytrp￿F￿es￿)&Sf￿d￿fv{￿￿and ¢ywts recdvYfrcThthe Unlversty. No prowsk)n È Ththeln tr￿erna￿ej th￿)￿l￿'s¢h￿ltst￿eSt&i￿￿k%antM rddarKY ex￿￿10n& Terminati￿ ￿nefItSart accwndtsththereisaconmtsw)fuThtsknisbtiM,(yl￿c0ntr￿Iua1￿ot￿af￿eementsWfth ernployeesto rnake Pa￿T￿ts ICY WK1eotherLE￿I toemp1osee5fdkn￿wItr￿ te￿Tin31KynOf￿￿Iernpk)￿. Rentals paYab￿vr￿jBI0P￿dth'￿al knesa[eclw￿JaseIpwvJIut￿￿4#r¥srtlw￿b3sI$c￿e￿theW￿d Inve5tmentsin Su￿K1rdrleS ￿rr￿j[ed CL IntheapWicatic￿ of t1￿chan￿5 acc(￿rT￿n9 py)k￿$t￿TIL￿leesate tequiledtomakejLty￿nI%es￿rnateSand assumption5atyyJtthe ¢￿ing8r￿UntOfaSSetsaThd liqb1l￿e5that8re not realityarfJwentfrcm0tr￿ ￿r￿Trestin*te$8nd as%)raated assumptionsare basedon historica experi￿￿￿otherfaCtor5thaIare tt￿idered trj ￿ relwantPLtUg1 mltsmaydrfferfKTh thtseestimates. The￿are nocritrcal accLWnbrvJestirntsLYj￿¥I￿51Ijrlv￿tt￿Year. Golemrnetrt gtant5ate recLxJniwJ,urKknttE kknthete 15 reasDnaUeaswranCethatthewtcond￿cfi$￿lII LE metarMlthegantswllLErec M4TrLIALSTATEPAErir5 YE&R￿￿K￿￿￿Y2O25 33

Notes to the financial statements T￿￿2024 2024 2024 Block grant un￿rSity9r￿fttorrlrrt 025J30 607A)8 60PhO 104,000 75S,449 883M3 104A)00 75S,449 61500 819 other￿Thts 1,428,S 921.949 2.3SO,SOO Oihe Swport Tot41 2026 CO￿U￿￿￿￿￿¥ campolqTrS￿d1m1l￿￿O Advkt 75nB IiS65 41AII 94,332 290 47,90S 166.374 307N84 371909 437,$ 305.334 2040•0 47,74 361909 317.532 1N,1X 34188 9,05è .454 61.e49 ew6, S￿￿& ondc•teilrvJ soc1414ctfvitles￿db1￿￿ng S￿ll￿￿d(lubs ondfocllrt 13Q6 P43 9F2 2Q.944 11732 J06 J.)si 24 14.eog 79m4 54059 202D39 114171 19,305 iot536 14,49J Oilenwtlon thelopm? Tron6WrtotknnllrKI Intef¢arnpwBw) Spec181 pigect5 Ilrllm Re￿r¥ 1204A)8 l.Nl,640 191F,9 Qrwpwdiknlon2Q24 Supp Total 2024 commun￿4￿ C¥rnpp1qni￿dIIfi1￿1o Advte JPJJ2 63.964 6J61 39.POS 244.4 43,0 1S4,61S 293,0 408,330 449DIg M129 P)9,912 I48￿18 231 2Q931 7Q4 102,440 s(Kl8l£¢twitles￿dbekn￿nQ Sotlell￿￿ddut Prov15￿￿01 uthetino Oilentstion 8t￿ Lknlllpmtrrt Trgn5ponatlonllncl IntercampusBus) 1494 i I I I I61￿92 31998 299,128 179,444 Jè.799 30&608 490AO? 101262 29.109 184 Z49S 69.2TJ 375,n4 11469S 1.16a3 1,ts1742 533.310 2,910,941 A￿LIAlSTATEmE￿¥FS YERB1LxP￿￿￿ly2025

Notes to the financial statements Tot 2020 eoNthun￿￿tl0ns C8rnpalgn8￿￿athI￿ti0￿I 1B,(M3 75,729 2925 10224 11.93B 24519 n27e 19.F86 47.412 4,332 3,700 20.944 tIF32 40,WO 19.305 3&529 no 8wB, and￿terIng SocI￿a¢t￿lt￿ andbebThynq SoBleties&nddub5 Prwsionof Sp￿¢9￿018¢11t￿￿ Volunteennq and tknlllpmBnl TrnnspDrtW￿n{1ncl InwwnpwBw) K. 6248 zs 7,979 4IWB 4SW 320 1I58J Tatal 2￿E5 107.95Z 119.07fj SuF)rteoiiiDntlLthdlnbw•3]2¢X4 chartt•Ye•￿mt￿ IwstL￿¢fits 9259 CarnpolwthandaMII Attvl RwreaenI￿ IKJ3 1294 SM2 J9,gQS IFAI4 a4 2S933 Tr2 27A ,¥45 11120 1B4 SocllMJndclu P(trAlionolyce ondfoclbt 12128 Oilentatknn Trnn1wrtAt￿n{lncI Intèr¢￿p￿8Lrfj 14903 109.926 t3585 7J44 Totol co%t5 1999 Sfi222 139 6MJ l.1l•tlTrm￿•1•11￿•¥¥•r Net Incomef￿lh•YÉ8r |$•dthidwi¥rrfJ Oepre¢Wbn LO9901d1sw￿IQrfi￿& oget Audltoi'&r•munwatknn Audltor,sremurwJt￿n foiiay sere6 79 18.062 19,009 850 wages2￿ s4￿rIeS Socid5Ecvrity Pensbn costs lJl4298 11126 91999 I,SOB,007 OurlrK4thewrendW31￿1Y2O2s(￿e￿¥￿￿t¢W￿d<1y£%QoCOu￿￿thaTr£90￿CN)w￿ml2O24"( etnployeee8ffledover£7QOO0&￿kSS Tkn£80,(XMbl Av8ragestsffi $￿ar1ed staff- nvD*er¢1fL￿lI￿eeqVkw￿errf$ studeTrts-nurnbErof fultimEewp￿ Students-nurnbeiof fullreewkwak>its 49 M4TrLIALSTATEPAErir5 YE&R￿￿K￿￿￿Y2O25

Notes to the financial statements Piedent PresidEntIDrAch￿￿ Bnd Bekryng ￿￿e Pfesidentf0rEd￿lanw￿Wefftre1￿xb￿l￿￿&AVedxry} Vbce Pfesldent lorEd￿￿a￿Welfale ChielExecirtlVEOthcer Deputy Chief E%ecthi%Olficer Headolctsmmvnlcatlnos and MaikeiirwJ e4dolPEupleand De%Ylownerrt nar￿8 Manaller MarcAn4wa{reFlackn)AmyPle} Butrd1lr4A￿￿wren£￿lI ErlnCth)k IreplWHwryTr￿￿￿) 2024 The Trustee Board'sOVlCtrTrvs￿tS namedin rth•7.re¢&%dieDxwthknrt. (2024'.£2&049).tsQthW￿dIThtt￿u￿,SaU¥￿nlrwa dD¢wn8nt.lorthe r•pre¥enWKMc8MpaWr4•￿ frtynthwi TnJee rewthlitw vol¢lng op5n￿￿ Wih Ihe Instltvth￿￿hx￿￿M￿Jr1IY.deIeThYh￿￿￿￿l1Thqthe wtrOd$￿￿1trthrMhpeDl￿4dK￿sII0Dv￿thmP￿a￿JIs0Qlg5n1s￿qand xupportinqstudpntv(￿￿leus1rtdsèr¥1cP1thK%￿￿W ltrm The￿￿￿ry￿A￿lei￿11¢1h¢J￿T￿1Its￿mI0dt￿t7R20é (2024. ÈYJ&29sI Ind pBn8lon ¢wtsof£&176(2024 Et546l,wkKhw￿urth[ The￿w￿rI noothwTrwt8•berdnsfrytheTrYw12024. £r4J. Membei4ofiheTruit•e t0WofTr)ffY•ih￿£￿)0tslho￿V￿r8w￿pwg￿￿t[th￿ QTrJ•￿thr￿￿pgn4e&l2o2l.'£n￿I b5￿￿Y knve&tment Toiol Netb0Dkva￿tlllltJlluty2Q2S Njtbwk￿￿VvoIEJlJUty2Q2l Trjdlnq ￿hl¢l￿ry- BSUTradlrrfJLhTIW¢ 2024 Tvin0￿r C05tof se￿$ 16,￿? 23.248 Grosgprofft 30.210 51248 Admlnlstrntlw•xynsesfjrdW M?nagerwMfeel￿(knty) 24292 2fj￿7 SLYpluglorthpytÈr 24,6fj8 ThE Lknioncontrohl0I)%dtheagreedwTrT5t￿￿tiTrwT1￿lNJlw[1i￿L ￿t￿ertake8c￿￿[￿￿G a¢tlvitle$¢¥JttthtscopeofthLknkn'sc(rtRWkyL Treregthe￿d0￿(eQf8sUTr¥1rrfalby￿Ie￿ ￿￿1&•RoJ￿Hi￿WYmm￿BuCkInghaM5hI[t, L7Z.Att￿ye0Iendln93IJuty2o25the￿￿￿ ossets¢fD9.tL)2(2024..£J10661.1th1th5d£7.648r2024.'£fr￿l ￿￿¢aF4tal and re$￿es0ft￿,?s412o2￿. £24.W. A￿LIAlSTATEmE￿¥FS YE*RB1LxP￿￿￿ly2025

Notes to the financial statements BgJTr•Jkng Grovp C¢J%tÈt1 Auty$t 2024 Adthtlons 9P 2n 791 61851 34Q090 Co6t•t31JW2015 5F.2 73 4,58? 40P,130 Deprecl8tlon Bti Auwt2024 CharqefNthÈwr 1SP2F 149 145991 P92,986) UA7V Depreclatlon atJJuly2025 1512nl V41.64a IS073) IJooAv41 145991 Netb0Dkva￿t 31 Jvly2026 102.40P Netbook￿￿e Ajot 31 July2024 2.942 59.178 61293 61293 Al￿t￿￿ldbyS5UTr￿nQLtd ￿1 knlOthDcoqDrydDHteEryWwM' Ikw2028 Group2024 unhJ)2024 Trjdtthbtcr Otherdebtorn Amountgowod by4[￿pUn￿rt4¢lr￿ 231￿0 229,492 11,630 1,2ll 37.559 3&732 J7.559 3•9N21 292,036 279.892 1kn02S 1th20*6 Group2024 unKJn2024 210.1n 74.632 7USO 9,265 7,232 M3,320 scrtlolsecurmy4￿ crthwtaxes OthErcredrtors AccwalsanddEfet[edi￿0 11532 7,J2 N8.594 088,1$7 003An 209.723 203,197 M4TrLIALSTATEPAErir5 YE&R￿￿K￿￿￿Y2O25 37

Notes to the flnancial statements Asatiw Transfers As•t31Jvty2026 BigDe41 Fwda8setdeprecibtKJnlund- 8KJ F￿8￿a$S￿depi8CIathJnfu￿y-%(rt￿111paCe5 ClUb5andsoc￿les Stud8ntowortuniti8s Oiher resirlcted funds (ÈWF81 (s5￿) (75291 Q8b361 ffjo￿oI OOP.9521 37.tso 4¥SÈ4 29,601 041PI IW7 1.907 (1027.0861 Asat1 Tran$ler5 A•4t31Jvty2024 BlqO• FivdJs¥et hJnd- Blq ¥ed85set fvJnd. eo¢W EPK t￿b5a￿dEaC1EtlQs SludentQPPDrwTht Otherre8trl¢t& fu￿8 (4&5901 111251 17.200 78 39.8 37,130 4•.084 •oMoo 1,907 oo&MoI 15001 996,620 671 11J,027 ThtBlgOtJlfixedJvwluré rewrtsth•rfborth Aresirknedfixedmw fvndlor ¥0¢1￿ spKe¥hJ5teWryeOdrorwewrtl￿n1I￿ODkV￿￿0{￿￿I￿4￿l￿￿•￿rffjIWh￿hI￿￿?thp￿01iorn wlll C￿Jb58nd5ordeIlejreIvr$tOtv￿I￿knedbo￿ceshe￿JQnbe￿O1#￿￿￿C￿0￿YX￿eu•&th￿l1￿eP¥I&&Jth svJthntlUrlon. Other re￿rIcted fU￿SInc￿ Rthila￿ Seivkeiln Kkndlnothjnd ￿o7.95120￿'e￿)￿O0Oj A• ￿￿2024 Tmnifern A•4t 31July 2025 4,921 future wich4aeol18sets xedAssetpurthB9esfuThY RebiandkngPtlect Redevelopm￿lDf Ven Deslgn8ted lund1wSpec￿ Proledg 13aoooi (2ary)oi (3qOOOI PM 61.794 (8&5S9) As￿￿2023 Ir¢omry Transfws Desiqn4ted rE5ervef0rdep￿k￿t￿n0f•B8ets￿￿I futu￿ wr¢haseolas5ets xedAssetpufeh#sÈsfurvJ [and￿9P[Olect Redevelowneniof Ven Designated fut￿￿spEC￿ Projects I￿854 30.000 20,000 3Q,000 ,000 30.000 4Q500 M294 (￿854 120500 142A79 Thede4watrdfWdforspecl￿ prcle¢tslsafu￿ se¢ashb>akwIhet￿b)IlA1dtil￿I￿X￿P1c4e¢lCFPyVJr￿lSlft0rdelts￿h￿eo)rrnember$.e￿Perl￿ce. A￿LIAlSTATEmE￿¥FS YERB1LxP￿￿￿ly2025 38

Notes to the flnancial statements Yearended3lJ￿2O24 Restrkt4d Tran5ferbalanceonkndE1passfur￿.10W￿W1 Toincrea¥thafvndlor spe¢lW y¢¥ecty 15001 Toda￿￿&￿eluTrdsfut tknknpmBntof th•Vwx ThnGfwon weiol fundtyCvMdeltrt￿B￿1Wfv Toe(e8telur￿ Iwl￿PU￿hts¢ olflxtdasg1 (17587) 17N7 1A24 (Bgml) 1B,5 YMr•nd•d31JL2tydS Fl%dui•ti 310 1tt767 404 24819 At 31 July2025 5&720 92094 36F207 r•nd•d31JL2024 hgs p)é Moe 474350 At 31)Jly2024 23Q73F 163h27 6MA43 Unr¢JtrW¢dfund$lndude nett￿￿￿&1￿￿nBgvT[lknwDl ythir•ndOd31J￿2o25 FrAEd455et$ 3ZOn Net¢vrrentassets/OIMthsl 56,404 At 31 ￿lY2025 91094 y￿rended31j￿2Q2I FrAEdasset8 Invesin*nt Net¢vrMtassets OB x&0 131PM 449,704 At31 Jvly 2024 511.998 M4TrLIALSTATEPAErir5 YE&R￿￿K￿￿￿Y2O25

Notes to the flnancial statements F¢Kall unlveiSitleSSiluatEdin 2Dfthe Educatlon Aet 1994. The Unionis In[e￿pt olatecurrentgr￿rt1rar￿1hEi￿Nye[WoI £65￿￿￿24..￿6o7&08 In 8dditian,thEUnion rEceNed BKJDEaI￿￿Iof￿F6wo￿dhEkl￿Chllrn￿￿eKoyll1Es(2ti24 thElknThY[sty￿&twtQ SpL¥t￿￿￿d ￿c￿￿tIO￿lI a￿1VItIeS¢¢￿$er¢prSthlUthJn1￿￿¢n￿rt•r1yéffj￿ ottr¢r+¥￿tsQfEl6￿8lZO2a..£88&143)ftylllThfiC0[￿afy￿ coMs¢wial exF¢Thuieandprc¥ectswwg Alsoitceived. Afurt￿raM￿jnt¢f£JQ7.967(2o24.£466￿0ojW%Itte￿10fvrKtheWtyts￿o[th2￿￿¢￿￿s¢rth ThkcCrtactedGw￿CtSh￿na&￿COrn• underuniestrlctEdCh8ritsblEActKrytle TIans8Bt1￿8th[￿hCxrtth2Ye8rrePth￿ knaC¢rna￿￿1tth4bd￿Xe￿￿l31￿ts￿d£NW3(￿￿Itryth2u￿¥r￿ltytothE 5tUthnts'U￿L￿ PO24". £I88,934￿d toth¢ Univerwi. The UnlonhJ¥tbeen th￿￿•￿¢51¢d¥E￿.qS2{2o2é..￿o￿￿QO1ThÈ￿1r￿tyrV.￿Se1se0th￿¢o thjrknq 2024 andthecost lsbased tsitheioialco&t6dlhe&eserblCe•forthè4rnkeH￿￿￿C￿￿s￿Wa1It0￿èrn1￿Kvc￿knDf1h8¢amk￿th8 Unlon Currentl¥occ￿IW. BSUTradlrtgLid1gw￿1fy￿￿rnd by thry ￿￿?) D￿ngthe yearmBnagernrynl 1ml(thlkng£WO(2024.£iO￿￿••rf￿f￿ BWTtyY3LtdAt31&Ay201fjBWTwtyLtd MdBwk$Studrnt8 £IOW1202&£12ni The L￿10￿h1￿c￿￿rbbj11d tOth&pe￿￿n￿herne￿p￿￿ed￿￿￿kl￿DthN¥￿knfyfvjr#&ff n￿me0n￿at0thgUrd￿. Fulldet4llèofthepthMknn The c0ntrtbutl0nspa￿ Intol￿sCh1￿￿rffj•￿￿￿W•¢￿￿9Wj￿￿￿jt￿7j3(2j24.£8j D•findeMirfbJtlohthM•• Tht Unlonowalo5 anaiilo.•ni¢Arnnt NEST. CthiirbJlknMM•Mt6Xknth•w¥wthbJ4mkknJmof6%frxthtr1mp￿+. Thi cottof cwIrl￿tl0nS8rnvUThtedtts E36.97312024. £30.2471 Netldell¢lt)IwrOaetorthev AddbBckdeprttl8tlon ch 2￿.821 19,062 5,510 2L6P7 Increasein 8txke DtciÈÈsein dÈbt¢ri 09.2611 170,949) 208mo 59,807 The wuphodrndebtdLlrqthey. A￿LIAlSTATEmE￿¥FS YE*RB1LxP￿￿￿ly2025

falr•mkn. a fvn and Y• th• ••rt •fplx• yov hav• an Imprt *1 l•afrl•ndty ••llryv•lu•d •nd •kllsand qaln n•w 41

Z O Maklnq life bottar for students at Bucks To achieve Our vision, Bucks Students. Union is wholly committed to the ongoing support and development ofour meM￿r% We will continuously build credibilrty with partners and stakeholdefs. being ognised a5 the voice lor students at 8NU. ££ W• wlll b• Id•fttlfi•d by th• foll•wl ways of wrnrkln￿ Thy ar• th• ¢h•r•¢t•rl•tlH •nd p•rwn•llty •f our oryanlsatlon and f•pr•Mnt th• b•havlour• w• •xpxt from our •laff. We will respond dynamically to challenges facing our members and be ihe champion they rely on. trust and value. Celebrating diversity, we will reach out to our membership to encourage broader participation and better understand their needs in order to effectively represent them. We will work tenaclously to show our members the value ofdeeper engagement with Bucks Sludents, Union through the scope of our activities and opportunities. We will Identify valuable new opportunities for all our members and provide a robust plaiform on which they Can play leading role, developing the co.curricular experience and providing the inspiration for ea¢h and every one to make the most of their student journev. We will equip our organisation with the resources and tools it needs perfomi effectively and provide our teams with the knowledge and skills to reach thelr full potential. We will divers our income to provide even greater financial stability and a broa<Jer base for our operations, which in turn, enables our organisation to grow and meet the demands of the membership. We Insplre ourmembers to actively participale in ihe broad range of Union services and developmental activitles. includinq opportunities to help and mtivate other& making their time university a valuable and worthwhile experience, broadening horizons. The Union represenis our members In committed, determined and respectful way to con51Stently deliver the best for the students of8NU. We are a fast.moving progressive and flexible organisation which is agile in responding to and meeting our members, needs. We address challenges and opportunities with energy and enthusiasm and e￿OUrage those arovnd us to do the same. R4TEG￿PlAN￿23.2s 42

How will our membersi partners and stakeholders describe us? We asked our members what they [r￿st value frorn our organis81ion and whattlw expect from u5 a5 their Students, Union. These are the behaviors, attitudes. approaches, ways of workiro and values that we will role model throughout all that we do. Supportive Trvstworthy Professional Kind Reliablo Innovative Inclusive Responsible Authontk Credible

BUCKS STUDENTS, ..• UNION Bv¢k• Stvd•nts' Unlon HW Campus - North Wing Queen Alexandra Road, High Wycombe, Bucks, HP112JZ Tel: [phone] UXB Campus - first floor. 106 Oxford Road. Uxbridge. Middlesex, UB8 1NA Tel: [phone] Email: unlon Website: b￿ks1￿dents￿nIO￿ry Bucks Students, Union is a reqistered charity - no. 1144820