## ||**Page**| |---|---| |Reference and administrative information|**1**| |Trustees' Report|**2-18**| |Independent Auditors' Report|**19-21**| |Statement of Financial Activities|**22**| |Balance Sheet|**23**| |StatementofCash Flows|**24**| |Notes to the Financial Statements|**25-41**| ## |**Charity number:**|1148216| |---|---| |**Company number:**|08126776| |**Registered office:**|University of Westminster Students' Union| ||309 Regent Street| ||London,W1B2HW| |**Trustees**|**Retired Trustees**| ||D Airan - appointed 1 July 2023, resigned30June 2025| ||C Dhapatkar - appointed 1 July 2024, resigned30June 2025| ||R Goyal - appointed 1 July 2024 and resigned 1 July 2025| ||N Nwanshi - appointed 9 September 2024, resigned22April 2025| ||**K**Nyantakyi - appointed 1 July 2025, resigned10November 2025| ||**Current Trustees**| ||**H**Abdel - appointed27November 2025| ||I Adnan - appointed 1 July 2025| ||Z Bachir - appointed 9 September 2024| ||V Barton - appointed 1 July 2024| ||S Fuell - appointed 9 November 2023| ||C Goldsmith - appointed 9 November 2023| ||E Helsen - appointed27November 2025| ||J Jacobs - appointed 9 September 2024| ||E Manukyan - appointed27November 2025| ||R McKoy - appointed 9 September 2024| ||C Murray-Gauld - appointed 5 July 2019| ||A Musani - appointed 1 July 2023| ||**M**Qamar - appointed 1 July 2025| ||S Sethi - appointed 1 July 2025.| ||S Shaikh - appointed 1 July 2025| ||C Sorhus - appointed 9 September 2024| ||M Ullah - appointed 1 July 2025| ## ## ## ## ## ## ## ## ## |**Role:**|**Arrangements:**|**Arrangements:**| |---|---|---| |Sabbatical Trustees|Full-time and receive remuneration to reflect this; they may serveupto two
terms of oneyear.|| |Student trustees|Volunteers who may claim legitimate expenses and can
consecutive terms of twoyears.|serve two| |Lay Trustees|Volunteers who may claim legitimate expenses and can serve
fouryears.|two terms of| |University Nominees|Volunteers who may claim legitimate expenses and can serve
fouryears.|two terms of| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |**Risk:**|**Control MeasuresinPlace:**| |---|---| |Fraud, data loss and cyber-attack.|Use of University network.
Annual refresh training.
Robust financialprocedures.| |The impact of Artificial intelligence on Union
operations.|Ongoing training and development.
University policies and procedures.
Active monitoring.| |Declineinstaff engagement score.|Implementation of agreed action plan.
People strategy implementation.
Implementation of new leadershipforum.| |Elections culture and required change.|Externally commissioned review.
Direct engagement with the National Union.
Updated bylaws and structure.| |Expectation of peer support programme
impact and delivery.|Implementation of new staffing structure.
Refinement of Union call centre.
Establishment of keytask and finishgroups.| |Implementation of freedom of speech code of
practice.|Additional staffing resource secured.
Development of a code of practice.
Staff trainingand briefings.| |The impact of cost of living on member
engagement.|University cost of living support package.
Government engagement via National Union.
Free sport and societymemberships.| |Digital systems are not meeting the needsof
the organisation.|Implementation of accessibility audit findings.
Development of key insight dashboards.
Implementation of dedicated resource.| |Operational feasibility of the Undercroft bar.|Negotiation surrounding alternative spaces.
Negotiation surrounding capital finding.
Development of operational manuals.| |Delivery of Quintin Hogg Trust Equality,
Diversity and Inclusion project.|Implementation of**LEDi**Framework.
Establishment of collaborative events.
Enhanced monitoringand tracking.| ## ## ## ## ## ## |**Portfolio**|**Unachieved**|**Partial**|**Achieved**| |---|---|---|---| |President|11%|11%|78%| |VicePresidentActivities|11%|11%|78%| |VicePresident Underqraduate|0%|0%|100%| |VicePresidentPostqraduate|0%|11%|89%| |Vice President Welfare|0%|0%|100%| |**Overall**|**4%**|**7%**|**89%**| ## ## ## ## ## ## |_Wewill ensure our physical spaces and venues provide a space for studentstocome together and build_
_community to aid belonging_|_Wewill ensure our physical spaces and venues provide a space for studentstocome together and build_
_community to aid belonging_| |---|---| |**Strategic Outcome Measure: **|**25/26 Operational Outcomes:**| |All venues are overseenbya student
programming board|All additional events ( outside of core commercialand student
group events)inour venues will be overseenbythe programming
board.| |Ensuring a visual Union space/venue
onevery campus|Every campus has clear and consistent Union branding and
messaQinQ on display.| ||40% Increaseinawareness and footfall to the outletsasshown
throuah sales and attendance data.| |Ensuring capital funding to develop
facilitiesinHarrow|There is a business plan and agreed fundinginplace for the
developmentofHarrow commercial space within the next two
years.| ## ## |_Wewill ensure holistic and all-encompassing support provision for our members, so they feel_a_senseof_
_security_|_Wewill ensure holistic and all-encompassing support provision for our members, so they feel_a_senseof_
_security_| |---|---| |**Strategic Outcome Measure:**|**25/26 Operational Outcomes: **| |90% of the advice service users report
a positive experience|90%of students who interact with the service report a positive
interaction with the Advice Service, 490 responses| ||A 20% increaseinthe number of cases supported (663) and
enquiriesreceived (84)| |10% of students engageinoutreach
activities|2400 students engageinSUAdvice & Wellbeing outreach
activity,andupto 90% of students report that they are aware of
the advice team| |Ensure that two-thirds of members
using peer support report a positive
impact|Wewill increase the reach of the Call centre to25%byincreasing
awarenessandaccessibility| ||70%of new students who engage with FANS report a positive
impactontheir welcome experience| |_Wewill ensure our extra and co-curricular activities and opportunities ensurethepersonal development_
_ofthose engaged andinleadershio roles_|_Wewill ensure our extra and co-curricular activities and opportunities ensurethepersonal development_
_ofthose engaged andinleadershio roles_| |---|---| |**Strategic Outcome Measure:**|**25126 Operational Outcomes: **| |Ensuring engaged members achieve
enhanced continuation rates|50%of Students who register as members continue to become
'Active'Students| ||Create a minimum of 4 new academic societiesinpartnership
withcourseleaders andreps and the students onthese courses| |Ensuring a
. .
of 90% of
minimum
members feel their employability has
improved|Create a high-performance sports environment alongside a clear
social sport pathway leading to a top 75 finishintheBUGStable| ||90%of returning
**FANS**who engaged
in
development
opportunities feel their employability skillsandconfidence has
increased| |Ensuring active member's graduate
outcomes are higher than their peers|50%of Reps will hit bronze tier within the reward and recognition
scheme| ||Ensure a holistic approach to employability this is embedded
across the organisation| ||Embed the new Graduate Schemeasa core part of UWSU and
seektoexpandinthe future| ## |_Wewill ensure our democratic forums are accessible forall,are modernintheir design and meet the_
_needsofmembers_|_Wewill ensure our democratic forums are accessible forall,are modernintheir design and meet the_
_needsofmembers_| |---|---| |**Strategic Outcome Measure:**|**25/26 Operational Outcomes:**| |Ensuring 90% of election candidates
feel suooorted|Implement further improvement from the successful 2025
elections period| |Ensuring democratic participationis
reflective|Increase candidate diversityinthe 2026 main elections for
Female, BlackandHome students| |Ensuring
our
democratic
forums
deliver
tangible
organisational
changes annually|60% of students will report that they understand what the Union
is doinq torepresent themat all levels across the University| ||Lead integration of new democratic model and community
organising model, with at least 2 localised changes loaaed| ||85% of officer manifesto objectives are achieved or partially
~~achievedb the end of the academic ear~~| ||~~y y~~
Student awareness of Officers and their projects increase by
50%, from the current 28% awareness level| ||Students are aware of their rights, with minimum of40%of
students notinq thisinSTB Survey| |_Wewill bethecredible voiceofstudents throuah data-led insiaht and_a_communitv-omanisina aooroach_|_Wewill bethecredible voiceofstudents throuah data-led insiaht and_a_communitv-omanisina aooroach_| |---|---| |**Strateaic Outcome Measure:**|**25/26 Operational Outcomes: **| |Ensuring the eradication of reliance
onlagging representation indicators|Department to analyse academic rep insights monthly and
produce
reports
for
proactive
pathways
and
relevant
stakeholders| ||The Union will benchmark key data across the organisation to
align with and address the evolving needs of students| |Ensuring
two-thirds
of
members
engageindata insight activities|Data insight communication will articulate how the Unionis
gathering information semesterly through a closing the feedback
loop campaign| ||We will ensure that students understand the purposeandimpact
of the data we collectbyclearly communicating how itisused| ||Two-thirds of academic reps engageindata insight gathering
practices (approx.600Reps)| |Ensuring liberation organising groups
engage a minimum of 10% of
members|We will work with students torunevents during the 4 key History
Months| ||We will work with students to host socially and culturally relevant
activities relatinq to different under-represented aroups/traditions| ||We will work with studentsandofficers to honour key awareness
days| ||We will showcase studentledactivityoncampus and showcase
the
diversity
of
the
student
body
through
relevant
communications| ||
We will use insight to understand our student body, prioritise
resource and amend our delivery to serve the needs of students| ||We will use insight to advocate for and with minoritised students
to ensure the University responds to their need| ||We will use our democratic forums to support students to
advocateforchange oncampus and runimpactfulcampaigns| ||We will track engagement and ensure all students are benefitting
from our offer| ||We will train and resource student leaders committed to
advocating for and with their communities| |President|| |---|---| |**Prioritv; **|**Kev Outcomes:**| |Support students with the high cost
of travel|Secure the extension Student Oyster cards to peak travel times| ||Gain financialsupportforStudent Oystercard admin fees| |Enhance sense of belongingand
time spent oncampus|Display theflacisof student countries at all campus sites| ||Deliveratleast onenewsocialspaceforstudents| |Remove
the
barrier
of
accommodationquarantors|Ensure the University partner providers don't mandate quarantors| ||Gain aqreementonwhen the University will act as a quarantor| |Viv (Activities)|| |---|---| |**Prioritv: **|**KeyOutcomes:**| |Secure spaces for student group
activity and exercise|Ensure a Marvleboneisincludedinthe capital investment plan| ||Secure a dedicated student group space at the Marylebone
campus| |Implement more paid student roles|Expand Dragons Activators,BUGSassistants and Dragons TV
roles| ||Providewaysforstudents to build transferable/employability skills| |Enhance
attendance
of
group
members|Enable students to leadonLEDi related events| ||Tracking/monitoring
of
engagement
with
development
interventions| |Undergraduate Education|| |---|---| |Prioritv:|**Kev Outcomes: **| |Enhance
employability
and
Scholarships|Aoorovalona positionpaper for implementationby the University| ||Enhance awareness/engagementinthe current employability
~~offer~~| ||
Obtain funding from the QHT foranenhanced scholarship
proqramme| |Removing
barriers
for
Student
Success|Re-defininqandimprove the academic representation system| ||Enhanced resolution times for student centre cases| ||EDIvalues delivered and greater awareness of the measuresin
place| |Postgraduate Education
**Priorit**:
Enhance employability offering and
Enhance awareness/engagementinthe current employabi
awareness
offer
1---- ---- ------------ -------t|| |---|---| ## ## ## ## ## ## ## ## |**Balance Sheet**|**2025**|**2024**| |---|---|---| |Pension Liability|(£549,837)|(£585,516)| |RestrictedFunds|£1,442,555|Restated-£1,643,398| |UnrestrictedFunds|(£145,095)|Restated- (£310,414)| |Total Funds|£1,297,460|Restated-£1,332,984| |Free Reserves|£404,742|Restated-£275,102| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Unrestricted
Funds
**2025**
**Notes**
£
**Income from:**
Donations and legacies
4
3,801,519
Charitable activities
5
276,718
Other trading activities
6
13,509
Investments
7
9,505
**Total income**
4,101,251
**Expenditure on:**
Charitable activities
8
3,933,353
**Total expenditure**
3,933,353
**Net (expenditure)/income**
167,898
Transfers between funds
16
(38,259)
**Net movementinfunds before other**
**recognised gains/(losses)**
129,639
**Other recognised gains/(losses):**
Other gains/(losses)
16
35,680
**Net movementinfunds**
165,319
**Reconciliation of funds**
Total funds brought forward - Restated
24
(310,414)
**Total funds carried forward**
(145,095)|Restricted
funds
**2025**
£
664,207
15,410
679,617
918,719
918,719
(239,102)
38,259
(200,843)
(200,843)
1,643,398
1,442,555|Total
Total
funds
funds
**2025**
2024
Restated
£
£
4,465,726
4,431,835
292,128
393,920
13,509
18,278
9,505
6,580
4,780,868
4,850,613
4,852,072
4,778,447
4,852,072
4,778,447
(71,204)
72,166
(71,204)
72,166
35,680
(124,045)
(35,524)
(51,879)
1,332,984
1,384,863
1,297,460
1,332,984| |---|---|---| ## |**Fixed assets**
Tangible assets
**Current assets**
Stocks
Debtors
Cashatbank andinhand
**Current liabilities**
Creditors: amounts falling due within one
year
**Net current assets**
**Total assets less current liabilities**
Defined benefit pension scheme liability
**Total net assets**
**Charity funds**
Restricted funds
Unrestricted funds
General funds
Total unrestricted funds
**Total funds**
**Notes**
12
13
14
15
23
16
16
16|£
78,532
294,726
683,356
1,056,614
(504,912)
(145,095)|**2025**
£
1,295,594
1,295,594
551,702
1,847,296
(549,836)
1,297,460
1,442,555
(145,095)
1,297,460|£
111,916
885,899
385,392
1,383,207
(970,169)
(310,414)|2024
Restated
£
1,505,462
1,505,462
413,038
1,918,500
(585,516)
1,332,984
1,643,398
(310,414)
1,332,984| |---|---|---|---|---| ## ## |Cashflowsfrom operating activities
Cash generated from operations
Net cash provided by (used in) operating activities
Cashflowsfrom investing activities
Bankinterest received
Purchase of tangible assets
Net cash provided by (used in) investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginningofthe year
Cash and cash equivalents attheendofthe year
Notes
18|**2025**
£
296,629
296,629
9,505
(8,170)
1,335
297,964
385,392
683,356|2024
£
393,005
393,005
6,580
(226,714)
(220,134)
172,871
212,521
385,392| |---|---|---| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Building improvements|10% per annumoncost| |---|---| |Bar fixturesandfittings|20% per annumoncost| |Motor vehicles|20% per annumoncost| |Other fixtures, fittings and equipment|20% per annumoncost| ## ## ## ## ## ## ## ## ## ## ## ## ## |**Grants**
University subvention
Grantofserviced accommodation
Other unrestricted grants
Other restricted grants
**Total income**
**Total2024- Restated**|**Unrestricted**
**Funds**
**2025**
£
2,402,500
1,399,019
**3,801,519**
**Restricted**
**funds**
**2025**
£
664,207
**664,207**
**Total**
**funds**
**2025**
£
**2,402,500**
**1,399,019**
**664,207**
**4,465,726**|**Unrestricted**
**Funds**
**2025**
£
2,402,500
1,399,019
**3,801,519**
**Restricted**
**funds**
**2025**
£
664,207
**664,207**
**Total**
**funds**
**2025**
£
**2,402,500**
**1,399,019**
**664,207**
**4,465,726**|Total
funds
2024
Restated
£
2,291,623
1,279,356
162,843
698,013
4,431,835| |---|---|---|---| |||3,733,822
698,013
4,431 ,835|| ## |**Unrestricted**
**Funds**
**2025**
£
Bar,shop and events
269,773
Clubs and societies
6,945
**Total income**
**276,718**
**Total 2024**
326,716|**Restricted**
**funds**
**2025**
£
11,224
4,186
**15,410**
67,204|**Total**
**funds**
**2025**
£
**280,997**
**11,131**
**292,128**
393,920|Total
funds
2024
£
307,913
86,007
393,920| |---|---|---|---| ## |Advertising and media
Total 2024
**Unrestricted**
**funds**
**2025**
£
13,509
18,278|**Total**
**funds**
**2025**
£
**13,509**
18,278|Total
funds
2024
£
18,278| |---|---|---| ## ## |Investment income
**Total 2024**
Unrestricted
funds
**2025**
£
9,505
6,580|**Total**
**funds**
**2025**
£
**9,505**
6,580|Total
funds
2024
£
6,580| |---|---|---| ## |**Analysis of expenditure on charitable activities**||||| |---|---|---|---|---| |**Unrestricted**
**Funds**
**2025**
£
**Summarybyfund type**
Student Enterprise
823,260
Student Lifestyle
736,407
Student Wellbeing
1,334,253
Student Voice
1,039,433
**3,933,353**
**Total 2024**
4,063,575||**Restricted**
**funds**
**2025**
£
257,199
138,982
431,213
91,325
**918,719**|**Total**
**funds**
**2025**
£
**1,080,459**
**875,389**
**1,765,466**
**1,130,758**
**4,852,072**|Total
funds
2024
£
1,002,320
839,043
1,690,556
1,246,528
4,778,447| |||714,872|4,778,447|| ## |Student Enterprise
Student Lifestyle
Student Wellbeing
Student Voice
**Total 2024**||**Activities**
**undertaken**
**directly**
**2025**
470,421
505,726
1,221,973
768,080
**2,966,200**|**Support**
**costs**
**2025**
610,038
369,663
543,493
362,678
**1,885,872**|**Total**
**funds**
**2025**
**1,080,459**
**875,389**
**1,765,466**
**1,130,758**
**4,852,072**
4,778,447
Total
funds
2024
1,002,319
839,044
1,690,556
1,246,528
4,778,447| |---|---|---|---|---| |||2,948,917|1,829,530|| ## ## |Depreciation
Bad Debt write off
Serviced premises
Insurance
Computer and
telephone costs
Bank chargesand
commissions
Sundry
Legal and
professional
Travelling and
subsistence
Other staff costs
Repairs and
maintenance
Office expenses
Security
**Governance costs**
Audit fees
Non-Audit fees
**Total 2024**||**Student**
**Enterprise**
**2025**
£
214,351
349,755
18,526
9,752
7,361
3,692
6,601
**610,038**|**Student**
**Lifestyle**
**2025**
£
837
349,755
1,151
16,826
1,094
**369,663**|**Student**
**Wellbeing**
**2025**
£
2,409
349,755
28,492
21,948
3,643
(1)
62,058
4,975
52,214
16,000
2,000
**543,493**|**Student**
**Voice**
**2025**
£
676
349,755
9,101
3,040
106
**362,678**|**Total**
**funds**
**2025**
£
**218,273**
**1,399,020**
**28,492**
**50,726**
**3,643**
**9,751**
**72,459**
**21,801**
**52,214**
**3,692**
**1,200**
**6,601**
**16,000**
**2,000**
**1,885,872**|Total
funds
2024
£
204,587
5,570
1,279,356
29,533
52,225
8,834
(801)
161,204
29,793
28,462
3,458
1,264
8,920
17,125
1,829,530| |---|---|---|---|---|---|---|---| |||536,416|343,887|597,542|351,685|1,829,530|| ## ## |Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
Costs of defined benefit pension schemes|**2025**
£
**1,912,451**
**189,772**
**67,712**
**2,169,935**|2024
£
1,822,584
169,539
62,888
124,045
2,179,056| |---|---|---| |Full time
Students - term time only|**2025**
**No.**
**41**
**63**
**104**|2024
No.
44
54| |---|---|---| |||98| |
**was: **|||| |---|---|---|---| |||**2025**|2024| |||**No.**|No.| |Inthe band £60,001|- £70,000|3|2| |Inthe band £70,001|- £80,000||1| |Inthe band £80,001|- £90,000||1| |Inthe band £90,001|- £100,000|**1**|| ## ## ## |||**2025**|2024| |---|---|---|---| |||£|£| |I Adnan|Remuneration|3,439|| |N Aggarwal|Remuneration||25,834| |D Airan|Remuneration|29,748|28,187| |**N**Asakzai|Remuneration||25,303| |T Bangia|Remuneration||25,880| |V Barton|Remuneration|33,253|3,230| |C Dhapatkar|Remuneration|29,302|3,230| |**M**Jaffar|Remuneration||25,303| |A Musani|Remuneration|31,817|3,230| |S Sethi|Remuneration|26,723|3,230| |S Shaikh|Remuneration|2,135|| |M Ullah|Remuneration|3,830|| ## |**Cost or valuation**
At 1 August 2024
Additions
Disposals
At31July 2025
**Depreciation**
At 1 August 2024
Charge for the year
Disposal
At31July 2025
**Net book value**
At31July 2025
At31July 2024|**Building**
**Improvements**
£
2,006,419
2,006,419|**Building**
**Improvements**
£
2,006,419
2,006,419|**Bar fixtures**
**and fittings**
£
18,487
(6,665)
11,822|**Vehicles**
£
9,161
9,161|**Other**
**Total**
**equipment**
**2025**
£
£
140,268
**2,174,335**
8,170
**8,170**
(31,544)
**(38,209)**
116,894
**2,144,296**| |---|---|---|---|---|---| |||529,996
200,642
730,638|16,069
743
(6,665)
10,147|9,161
9,161|113,647
**668,873**
16,888
**218,273**
(31,779)
**(38,444)**
98,756
**848,702**| |||**1,275,781**|**1,675**||**18,138**
**1,295,594**| |||1,476,423|2,418||26,621
1,505,462| ## ## |Stock
14.Debtors
**Due within one year**
Trade debtors
Other debtors
Prepayments and accrued income
**15. Creditors: Amounts falling due within one year**
Trade creditors
Other creditors
Accruals and deferred income (note 15.1)
15.1Deferred income
At the start of the year
Additions during the year
Amounts released to income
At31July 2025
**2025**
£
**78,532**
**2025**
£
**6,521**
**4,355**
**283,850**
**294,726**
**2025**
£
**398,227**
**7,959**
**98,726**
**504,912**
**2025**
£
**584,122**
**(584,122)**||2024
£
111,916| |---|---|---| |||2024
£
821,982
8,464
55,453
885,899| |||2024
£
230,470
47,964
691,735
970,169| |||2024
£
584,122
584,122| ## ## ## |**Statement of funds**- **current year**
**Balance at**
**1 Aug 2024**
**Restated**
£
**Unrestricted funds**
General funds
275,103
Pension deficit
(585,517)
**(310,414)**
**Restricted funds**
**Balance at**
**1 Aug 2024**
**Restated**
£
uw
32,006
QHT - The Hideaway
210,441
QHT - CavenishHub
449,284
QHT - Other
10,744
QHT - Sports
Participation/EAP
(3,473)
QHT-Equality,
Diversity & Inclusion
930
QHT - Sports Facilities
and SupportFund
QHT - Student
Partnershipand
Enhanced Learning
Spaces
912,994
QHT - Dragons
Branding
1,769
QHT - Dragons TV
Clubs and Societies
28,703
**1,643,398**
**Total funds**
**1,332,984**|**Income**
**Expenditure**
£
£
4,101,251
(3,933,353)
**4,101,251**
**(3,933,353)**
**Income**
**Expenditure**
£
£
454,464
(460,749)
(48,253)
(69,355)
(3,463)
99,591
(99,671)
109,971
(109,971)
(83,033)
2,686
(2,686)
16,368
(45,001)
**679,617**
**(918,719)**
**4,780,868**
**(4,852,072)**|**Transfers**
**in/out**
£
(38,259)
**(38,259)**
**Transfers**
**in/out**
£
6,936
31,323
**38,259**|**Gains/**
**Balance at**
**(Losses)**
**31Jui**
**2025**
£
£
**404,742**
35,680
**(549,837)**
**35,680**
**(145,095)**
**Gains/**
**Balance at**
**(Losses)**
31Jui
**2025**
£
£
**25,721**
**162,188**
**379,929**
**10,744**
**850**
**829,961**
**1,769**
**31,393**
**1,442,555**
**35,680**
**1,297,460**| |---|---|---|---| ## ## |**Statement of funds**-
**Unrestricted funds**
General funds
Pension deficit
**Restricted funds**
uw
QHT - The Hideaway
QHT - Cavenish Hub
QHT- Other
QHT - Sports
Participation/EAP
QHT-Equality,
Diversity & Inclusion
QHT-Sports
Facilities and Support
Fund
QHT - Student
Partnership &
Enhanced Learning
Spaces
QHT - Dragons
Branding
QHT - Fit For The
Future
Clubs and
Societies
**Total funds**|**prior year**
**Balance**
**at 1 Aug**
**2023**
£
214,297
(605,412)
(391,115)
**Balance**
**at 1 Aug**
**2023**
£
25,720
258,694
518,639
15,991
(3,473)
1,269
4
933,296
1,769
24,069
1,775,978
1,384,863|**Income**
£
**Restated**
3,941,456
143,940
4,085,396
**Income**
£
**Restated**
295,594
136,110
125,000
41,153
100,156
67,204
765,217
4,850,613|**Expenditure**
£
(4,063,575)
(4,063,575)
**Expenditure**
£
(289,308)
(136,449)
(125,631)
(100,914)
(62,570)
(714,872)
(4,778,447)|**Transfers**
**in/out**
£
182.925
182,925
**Transfers**
**in/out**
£
(48,253)
(69,355)
(5,247)
627
(61,455)
758
(182,925)|**Gains/**
**(Losses)**
£
(124,045)
(124,045)
**Gains/**
**(Losses)**
£
(124,045)|**Balance at**
**31Jui 2024**
£
**Restated**
275,103
(585,517)
(310,414)
**Balance at**
**31Jui**
**2024**
£
**Restated**
32,006
210,441
449,284
10,744
(3,473)
930
912,994
1,769
28,703
1,643,398
1,332,984| |---|---|---|---|---|---|---| ## ## |Tangible fixed assets
Current assets
Creditors due within one year
Provisions for liabilities and charges
**Total income**
**Unrestricted**
**funds**
**2025**
£
19,486
861,607
(476,352)
(549,836)
(145,095)|**Restricted**
funds
**2025**
£
1,276,108
195,007
(28,560)
1,442,555|Total
funds
**2025**
£
**1,295,594**
**1,056,614**
**(504,912)**
**(549,836)**
**1,297,460**| |---|---|---| |Tangible fixed assets
Current assets
Creditors due within one year
Provisions for liabilities and charges
**Total income**|Unrestricted
funds
2024
Restated
£
28,668
1,216,603
(970,169)
(585,516)
(310,414)|Restricted
funds
2024
Restated
£
1,476,794
166,604
1,643,398|Total
funds
2024
Restated
£
1,505,462
1,383,207
(970,169)
(585,516)
1,332,984| |---|---|---|---| ## ## |Net income/(expenditure) for the period (as per the statement of financial
activities )
**Adjustments for:**
Bank interest received
Depreciation charges
Gainondisposal of fixed assets
Decrease/(increase)instock
Decrease/(increase)indebtors
(lncrease)/decreaseincreditors
**Net cash providedbyoperating activities**
**Analysis of cash and cash equivalents**
Cashinhand
**Total cash and cash equivalents**
**Analysis of changesinnet debt**
**At 1 August**
**2024**
Cash at bank andinhand
£
385,392
385,392|**2025**
£
(35,524)
(9,505)
218,273
(235)
33,384
591,173
(500,937)
296,629
**2025**
£
683,356
683,356
**Cashflows**
£
297,964
297,964|2024
£
(51,879)
(6,580)
204,587
(70,860)
(320,366)
638,103
393,005
2024
£
385,392
385,392
**At31July**
**2025**
£
683,356
683,356| |---|---|---| ## ## ## ## ## ## ## ## ## |**Restatement of the 2024 income:**|**Income per**|**Adjustments**|**Restated**| |---|---|---|---| ||**2024**||**2024 income**| ||**accounts**||| ||£|£|£| |**Unrestricted Income**|||| |General fund|3,779,063|162,393|3,941,456| |Pension deficit|143,490|450|143,940| |**Total Unrestricted Income**|3,922,553|162,843|4,085,396| |**Restricted Income**|||| |uw|458,437|(162,843)|295,594| |Other|469,623||469,623| |**Total Restricted Income**|928,060|(162,843)|765,217| |**Total Income**|4,850,613||4,850,613| ## ## |Restatementofthe 2024 funds carried forward:|Balance at|Adjustments|Balance at| |---|---|---|---| ||31July||31July 2024| ||2024-per||- Restated| ||accounts||| ||£|£|£| |Unrestricted funds|||| |Generalfund|112,710|162,393|275,103| |Pension deficit|(585,967)|450|(585,517)| |Total Unrestricted|(473,257)|162,843|(310,414)| |Restricted funds|||| |uw|194,849|(162,843)|32,006| |Other|1,611,392||1,611,392| |Total Restricted|1,806,241|(162,843)|1,643,398| |Total Funds|1,332,984||1,332,984|