2021-06-30-accounts

Charity number. 1149922 STUDEpif UNION LETfiNGS LIMITED IA company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

(A compw Iwn#ed ty guarnrt•¢> Indownd•nt audllorfs Mport on the financlal sta¢•m 12-15 16 17 18 19-32

REFERENCE AIID ADIANISTRAIIVE tErAILS OF THE COMPANY, Ths TRUSTEES AND ADVISERS FOR THE YEAR ENtIED XI JUNE 2021 Mr Ceri Davies Mrs Dan￿1￿ Gllet {re8V￿d 8 Serrtanbw 2021 Mr Garth OLryht< Ms Pe￿k￿e Rob8(￿ {rwd 30 2021) Dr Paul Gr(y4es Mr frn matth￿ {mwJned 24 20211 Mr Osborn Mr Martin Miller 08140750 1149922 Mil Lang LoKOSter LeKesternhir• LE2 7DR Mr lfid•p•nd•nt audltor Cftme U.IQ LLP Black c￿nty House RLxxMls Green R( O￿jbUry Wesl Midlw B69 2DG Lewter LE11QH HhL CA20 1QU P4e1

REFERENCE AND ALXIINisfRATIVE ￿A￿Ls THE COATrANY. rrs TRUSTEES AND ADVISERS IcoKnNUED) FOR THE YEAR ENDED 30 JUNE 2021 8ankerJ 5 Marf(et Street LE16DN P4e2

(A c(4ThMny knit•d lry gu•¥nte•) FOR THE YEAR ENr￿ 30 JUNE 2021 report together Vthith the audited fin￿bal staern￿ of St￿t UnKJn L￿tIr￿ Limited (the ctynpany) for the nod ended 30 June 2021. The Tnjslees confwm that the Annual lew1 finaniiai stat￿niS ofthe d0aM￿nI and the prv4isi￿s ¢rf the Stthwrt ol R￿)Men￿j {SORP 2015). appI￿a￿ to charities prepariw their accounts in acCO￿nCe wth Finar￿1 RWINJ stand￿ aPpI￿able in the UK and Rfjpubl of IrelaThJ {FRS 1(r2) {effe(knE 1 20151. on 9 J￿Y 2011 the ter￿ of ts Trust Deed. purchased inde￿￿ty KI8u￿c¢ in dthe trustees ofthe thaiity. perfornancg a￿1 administrati)n lo decidg pdicy issues arisvw. Unrrfwsty of Le1￿t￿ Slwlert un￿ IKlh On￿ne at key events thr￿ the

TRUSTEES. REPOFU {COKtJNUED) FOR THE YEAR Ela)ED 30 JUNE 21r21 (c¢Jntinu•d) OWECTIVES AND PUBUC BENEHr Sul8ts was creat&J wlh th8 wincpal aTh hYJ) qu to stLNJents at the Iwo Unr¥wsiligs in Le￿aster. We aim to Support studerts by offerrwj gcd qu8ly Rase standards in the Prrrfae Rerthl Sth (PRS) C￿misSI(￿,8 gen8rn1 guKlance on benefiL includes.. code of standards. P*Je 4

IA C￿nY knit•d by 9u•nThl••) TRUSTEES. REPORT ICOPfflNUED> I￿￿1n￿ed> 2% in our PBSA ￿K1 let 141 house5. In t<knl 2184 stiKlwts during the academic supwtwig students. In March 2021. the Board of Sul again de¢id8d lo St￿ as tha k￿dowft continued to a finan￿$ ond studénts, thlty to The Board twk the (svJn to refvnd all qUaIrf￿rwj tsnants in our laasod pJrfolK) the equNaent d one nv)nth's Tent desprte us continuiry to me Tent pasTnents in ful to OUT l&ased SUPFth offortg and dechled to Sharn the cost of Ihe refunds us. In total. 4 IMlkds helped support Sulgts to the value of £3.718 arKI ￿ w(xthl le to exw ow th￿kS for Ihw generouB Supp￿￿ In total. tho supwrt we ext¢nd•l lo ygor cost £46.404 W the Board that thi5 1$ Ihe right Slud•nt 3umy Thi8 Jwr ￿ 8￿t our 8uroy to 516 tenarts and 76 resprm￿. a r of 15.4%. This was a ervJagwnt wilh the stLthrt body tr¥s iar w#J Ihe due lo ihe high nuners ￿ $ttwJents who built UPIM the p(Air4e le6￿ts frcth la81 and the feethack this year was exclienL Hwjhlghts 88% 01 sluderts wed that Ihey rert prov¥Jed value fty Once again this ywr, it is inte¥estiw to note that whwe Sul i5 the (In our18ased hous1￿), the results were h￿herlh￿ in nvrwjed <7Atwe TAejLt tenwts manage the buikying). Frcvn a to wat for wNssh)n frL¥n the lathd befrye a f4bair is carmd OUL The di[￿ compari4on here is that in bLth trArt Ihis dropped to 42.86 en the maw sttsjt. Interts￿r￿J1y. th was Irtue drfter￿ n the overall ￿ve1 of

TRUSTEES. REpoirr (copinNUED FOR YEAR ENDED 30 JUNE 2021 {contIn￿dI ¢waMy of from Sdets that leasiry or oning wrwtses us to f¥ better control the qu of to m￿Y othgr rab'ng The site has a registratK>n functw)n WKI studwts can existiry WOFrties or add their (Mn. Pro￿￿05 are 81 reww4V8 from a sttht ￿￿lem l.xuk) anail &ldress and these th&pbay a student ¥erifvJ status. tLVK Tr)t OffenSp￿ and the b￿k¥d or has a iydht cl fepty. Specialist Ipgal vKè VAS tsk￿ prior to the Iwnch of the site to er￿Urn that Sul8ts wa¥ fmm any d•m Sulats agreed to pay for design. ThplThrrtkn runnvvJ costs of se for 3 yews. The Unions ha agreeil to nwket the sle to sludwts aThJ the iw) Univwsi8. The Sitè 18 brnrKled with th8 Unions logos beiry markew as ￿ SU rewuff. We Iw that the site il becomè a Va￿able So far. usage oflhe servrn has been bul beknE thal this is due to the1org8 numbor P•Je 6

TRUSTEES. REpoiYf (CONTINUED) (con1w￿l Sulets the be6t sbAent Idtings ayncy n Le￿er. Ach￿￿￿¥ the gokl standard means that ￿ lo￿ thè top 7% af bu8in8sses. that athith IIP nati￿ team ¥e nghty oflhi5 Si9nificant TesulL In addthn to this. due to our hvJh scorn duiwyd the wjit ￿X￿, by IIP to be ￿nSIdered for a nation81 th¥atd (rf best IIP GL4d crynpony in the 249 bMI. This is ￿ invie onty Kdrd and ￿ are excrtgd January to Apfl on a basis. OrKe aga¥i, the Bo¥d tLwJk the that as as Supporting our tenants. wg shoukl a150 SUFWt Ihe slaff t6&n aThl so we dpLthI lo al slaff at the full 1¢WA 8¥en though The cost oflh• 20% sthy t(w kn staff 1 month'g rent lrt)) our le88ed porttdio resulled in a 8ignificant decwse in revenue Ixrt 8¥ g rgsult d mwry suLze88 and C￿efUl fift8￿481 M￿age￿nI, is sc¥nething Ihat has been to 0 88CUKI ￿. We we to 8UPP)rt 8lud8nts aNI our 8UPPOrt frLwn their manwJeT, w&ed tlw f&1 bythè ¥bJ traning and develo￿￿. This year hivrfed our highest ever 8ngwJ8ment score of 11ffi. islth Short of I)crJ￿￿. This was built I'm pr￿1 to be a ofthe Sulets. team I feel hapFry al •)rf( staff redwKlarrt huhknJhts the Board's failh in Ihe people th wyk business. Ixrt *0 the differn are pl6ased io anrrfyjn￿ thal ￿te finalBts n Ihis LeKest¢r LThe Busmess Awwts h￿ring Page 7

TRUStEES' REPORT (COMt•4UED FOR ThE YEAR ENDED 30 JUNE 2021 (c0ntwbu￿) Finaty, Ihi6 6awJ to Penni RL*on. Tm malth￿ and Dwielle Gilett lèft UG earlierthi6 r. Wè Wbsh them all well and lkn to expre￿ our thanks fDr Supp￿ and contrib￿lon to Sulets durlrKJ thektenur bgcoming a landhNd in ryhL From Lyth a aThl quamy staThJard. ￿ bel￿ V•P can Cthgfj A￿lUe. Leicestsr. Tr house 15 kxatsd in a keylgttwrys ¥oa, ￿ we manago pr¢yerties th the C￿FA1anCé The purtha¥o tcrt pkn £xts¥Je ofthe finan¢Jal year but is a siwffKant pct-audrt event x> th• busine88. neeAled to wind the business hekl in excess ofthi¥. is hgkl to Lwld an investrrw required. This has resuked in an into tyjr fiJThl. pThi¥Je financial to erthle Sdets to cortinue to tts durv¥J challerying enabk Suids to m&%e proVA￿ for any staf r8dUnkn￿S dosure LYJ5ts on any disso￿￿n9 flthe Page 8

TrUSTEES' REPORT IcopillNUED) Operating costs b￿￿9 defined as pa￿01 &)sls d¥ed pu Tfknl frn8 fea81￿$ at the end Stc￿d at £1,482.7T6 {202Q. £129S.02n. our eJp06we to the mw rwks. SENIOR STAFF REMUNERATIOM The CEO'$ role is a by a C(xnrth. This cumiittee was estknfLshed n O(*cthr 2016 to set the p8y and the CEO. The C4xTVn￿Iee reports to the Tntstee Bc•d <¥n an annual basis aNJ P•Je 9

TrUSTEES' REPORr {coKnNuED) Trustee5 are akn the diredcff5 olthe Compw fc the purposes ofeamparry lthv) e respMsble for the Tn￿lee$ must not wrove the fmancial stftwts unless they we Sthsf￿d that they gi￿ a WKI fair are aso respO￿lb￿ for safw8rdry Ihe assets of Iho henca for t8kiNJ r8880n￿le stq)8 for the indu￿￿ on the ean6 web6its. Le96lat￿ in the United KI1gd￿n g)¥errwJ the Preparath￿ and auditor is un•m. that Trustees have laen al the steps that to been ten a¥ Trustees in txderto be W4var• of sedK>n 41&4 ofthe Cryrmes Acl 20C6. Page10

TRUSTEES. REPORT (CONT•IUED FOR THE YEAR ENtED 30 JUNE 2021 Dr pa￿ Gvov Ch

Opinion giw a and ofthg ste of Ihe affas as at 30 June 21Y21 and ofits ar#J B••l8 lor oplnlofi Iww. Our responsikn'lthes L#)def are further desuibwj in the Audilorfs r88POn8biliies for the audit In audibrwj the financial statements. ￿)IK￿ that the Trustees. ￿ Of1￿ gowvj ￿￿•M b88is of ¢thdil¥)ns that. 1r1d￿?￿Uaty or may cast SP3nifuwrt on the charrt*le c(ryanl$ abilty to P￿e 12

INDEPENDEpif Auixfon REPORT TO ThE MEMBERS OF STUDEKf UNION LErnNGS UMITED (CONllNUED) Annual report Our opHil￿ the f￿b￿￿al Statem￿ cw the informthn arKI. exGept to the mMially In￿r￿lStent with Ihe ￿n￿la1 statern￿ or dts'ned in the course of the audit. or missLitements. are required to d*wmine ￿ether thi8 gr4W file to a m￿er￿1 Misstat￿ in the flnanixi Wo havo to rw in thil rnwd. U8 io rwt to rf, in ow Pag813

INDEPENDEMT AUtXTOIYS REI¥)RT TO THE MEMBERS OF STUOEKf ui4oN LErnNGS LIIIITED {coKnpwED) As explained more fulty in the Tnth. ￿sF￿mibffj1￿s the Trustees IWIK) are also the directors crf th8 6tatern￿ aNI ky bewvJ satisfd that tlw gr4e a In and tsir view. wbd for such intemal ts)ntTc4 a8 Ihe to ￿ntInUe a8 8 goirwj ccmc£m. dtsdosry. as typlKable. rnatt￿3 Tted to goKw corKem using Ihe goi opinion. Reasonable assurance is a highl8￿1 of assurnrKe. is rKA a guartee that ￿ aM16t t1)ndUct￿ in frcrfn fra￿1 or effor arn cl￿$¥jefed Malai￿ rf. In￿￿uaty or in the aggregate. they could rea8onabty be amwnts a)d disch)8ures in the frnncial staterr￿. lthvs regulations we considered n this contexl e thè Crxnw￿￿ Ad 20(ffj. Charits Act 2011 tts38t￿r Ihe Chwkn8s SORP (FRS 102}. We assessed the required compliance wilh tw I•v5 rogulions as our audit PTc¢edwos on thg related finoncial Our audrt prcrtedures to re¥¥Md lo iisks withded eTh]uiries of and those wilh 14

INDEPE?￿ AUDrroirs REPORTTO THE MEMBERS OF STUDENT UNION LErnNGS upJJrtED ICOIfflNUEDI regulatJns (irTe9ularths) IB Irom the trwwtKm rellw2ed w) the financial Statern￿. the le88 INWY the inherentty linited prwedures by wJdil¥wJ stwdards Jentsly it. In &ldition. ￿ with arry audit. there remained a higher risk cl norfrddth CA irregdwities. as Ihese may cdlusi¢)n. frygery. intsntion81 Aud￿8 rwt of our r•port 16 ofthe Cryiies Act 2CTh. Ow •JJit has bogn Undertak￿ so that tymghl SL to Ihe charitaAa eompanll membern thcAe mattern TA are to ste to them in an Auditoffs rewt ar¥J no other puw. To fullèst èxtent ￿rrn￿led by l*. do xc4rt or assume resporwbilty lo an>Dne (ther thon the tharitable ojmpany t￿￿ ts m￿. as a W, fry our thwk, t1￿$ or for the opinions we fry behalfof Cv¢rm U.IL LLP Stautw Aul Round5 Green Rc Ohjbury West Midl B69 2DG D". 26 October 2021 Page 15

STATEMEKf OF FINANCIAL ACTivmES ONCORPORATING INCOME AKI EXPENDrruRE ACCOUNn FOR TrE YEAR ENLED 30 JU￿ 2021 Total ftmds 2020 2021 10.083 10m3 1J98.036 1.89B,036 1.7￿, 165 16.482 1,911484 1,911484 1,722.649 Éxp•ndiluw• 4)n: 1,705,926 1,705 1,549,718 T•Xd •xp•ndKurn 1,705.926 1.706￿8 1,549,718 N•t Mov•￿ In fiJnd• R•condllatlon of funds: Total fuTrJs brought Net funds 172.931 1J03,347 1,JOJJ47 1, 130.416 172,931 1￿.*)6 1,5￿￿05 1.303,347 Page 16

IA company limited by guarantso) REGISTERED IIUkTEIL" 08140750 AS AT 30 JUNE 2021 20 Intangible assets TwJible assets 12 13 12,784 1,118 6.202 27.129 7.320 14 23,648 1,379.876 Cash at ba￿ and #i haThl 1M7T4 IM64.900 1,401524 15 11711241 (107,497) 1AQ776 1,294(Y27 1A09.905 1,303,347 16 1￿.905 1.301347 Tolal funds I￿.906 1,303.347 Ihe CA)rrp8nies ￿giMe. and signwj on their beh&Y ty. Dr Paul Gvov• Th? rth6 on p¥5 19 to 32 frym pwt dthe8e ffinJK¥al Page 17

STATEMENT OF CASH FLOWS FOR YEAR EPI)ED 30 JUNE 2021 2021 18 291.696 144, 106 Puthase of intwgtdg assots (16.600) (11198) Nol {uMd Inywovld•d ty Inv••llng •dl¥lU Ch•ng• In ca•h Ind CA•h •qulv•bMts In th• y•ar 263.898 144106 1.379.876 1.235, 770 ••h •nd ¢••h •qulvthts •1 th• •N101 th• yw 19 1,643,T14 7,379,876 P•J8 18

(A compawy limited trrf guarant> NOTES TO THE FINANCIAL sTATE￿Firs FOR THE YEAR ENDED JO JiINE 2021 Wales. regitstered nurthr 1149922. The compory reg￿kn nurthr is 08140750. The Pri￿Val offtt 15 St￿, Union Linited and Uniw¥ity d L￿ceSter StLKlerts' Tradiry Liivw. In the al the comp￿Y bw'NJ 7AfAThI up. the retsw￿ d the is llmrt￿I to £1 per mevthr of Accountlng pollcl• preparing their aco)unts in ith the Finar¥ig1 Rewtiry Stsntsd applKatAe in the UK and R￿ubl￿ crf Irel￿ (FRS 102) (effective 1 Januwy 2015), tho Financial Slandard pIKth in the UK arKI Rrythk d Ireknd (FRS 102> the C(Jnpanie8 kt 20C6. st￿nI Un￿n Lettiry Linited meets Il dor￿￿)n of a Wb1￿ ber*ft entty urbdtt FRS 102. A88ets and liqbilitw aro inrfialty recwiwl at h￿t01￿￿ cosl or tsansth value unla$8 8t8teoJ in 13 Fund •ccountlng General fvnds wWeStr￿ funds whKh a¥￿19 for use at the disryetion of the TN5te8s Page19

(A c4)mpany Ilmiled gua￿) NOTES TO THE FIIIANCIAL STATEMEpirs FOR THE YEAR ENDED 30 JUNE 2021 A¢¢ounllng pol¢les Ic<Jnllnwd) 2.5 Exp•ndltuv• to a thi￿ pty. it 15 wcbablD th a tranth beneffts wil be requirnd in Éetllemènt and of each are madè up of the t(￿1 ol d¥￿1 costs WKI sha￿d costs. ind￿￿ing Support C06ts to that ar￿ty. Shared ¢osls corth'me to more Klivty and support C￿19 arg be ffttsured reliabty. IrtsNJible &sets are rwnL8ed * cost are subsequenty a strawJht4r bw's o¥w Is ewtsl uselul lif•. Pag• 20

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 20 JUNE 2021 Accountlng polkles {conllnwd> Tangble fNed assets arn initiaty re￿ni5vAl at Ixrt Aftor roc09n1￿, ur•Jer the cost model. t￿Ible . 25% rwJht - 2S% hl 2M FIna￿￿ In•trum•ni• Initth al fairvalue. net oftrarwj￿ costs, wld are measurnd subsequenty at ￿rtI￿1 cost 2J P•nsion• P8ge 21

FOR THE YEAR EPa)ED 30 JUNE 2021 fvDds Dds 20 10.083 10.IJBJ 6,￿2 2ffdO 6,￿2 Tho grtyjp been elijth to dayn tho 30 2021 fm thè furl the w¥wiy furw￿ staff. The ￿￿e1¥￿1 of£10.083 (2020.. £6.(X12) rdates to Staff co8t8 i￿lud￿j Wi n(kn 10. nds 574.081 574.081 622.266 1.323.955 1W3.965 1,077.899 1.8W036 1JM.036 I.7￿.165 Totd 2020 1.n¥i. 165 1.7NJ, 165 nds funds 2021 16,482 2020 16,W2 16,482 22

(A company fThited guarant*) NOTES TO THE FIMANCIAL STATEIENTS by fvnd typ• Total funds Td81 funds 1,705,￿ 1,704926 1.549, 718 Total 2020 1.549,718 1,549,718 Totsl Tolal 2021 2020 397.(￿5 7,989 1,3(XI,872 1.705,926 1.549,718 Td8121r20 10.092 1. 134987 1.549.718 ndertaken directy 20 Support Total 20 20 2020 1.516.470 189.456 1.705,926 1.549.718 T(kn12ff20 1.366, 148 181570 1.549.718 P¥23

(A ¢ixnpary linknl ty guarantee> NOTES TO THE RNAMCIAL STATEIIEKtS FOR THE YEAR ENDED 30 JUNE 2021 nds fuThs 3.691 10.092 15,750 1,561 7.989 Trwnl 48.836 23203 32.886 3.119 47,605 16,817 19.891 1037 1526 7.615 32,077 14(X 102 10,025 Sundry expenses 6.602 189M56 181570 The auditorfs remunerion to an amlknr fee of£5.715 (2020. £&715). w¥J seTric8S •nourtwvJ to rf £5￿ (aT20.£1, I￿. Page 24

)TES TO THE FINANCIAL STATEMEpirs FOR THE YEAR ENfED 30 JUNE 2021 20 361424 356.080 30,645 13,914 397.065 4￿,639 A¢trninistraion 12 20 In th• bond £70.(X)1- £80,(xx) In the band £ao.LM)1 . £90.(U) planning. diredirvj and c(yrtrolivJ the *Ivil￿ of (xywny. Ouring the swar, key manager￿t tkning th• yew 30 Jung 2021. IK) gypon¥85 havg b￿￿ (2QO. £NIU. P•Jo 25

FOR TTrE YEAR ENDED 30 JiINE 2021 12. lrtangible amets Website and At 1 2￿20 15,600 At 30 21Y21 At 1 2(r20 Ctrw forth8 ￿ar 22A50 3J34 At 30 Jun0 2ty21 At 30 June 2021 11784 1.118 P*Je 26

(A clxnpary Ivnitwl lry guarnntso) 13. Tanglbh Ilxfjd asmts and At 1 Juty2020 19,925 12.198 At 30 June 2021 32,123 At1Juty2 Charye fi)rthe 13.n3 At 30 June 2Q1 17,rn At 30 June 2021 30 ju￿ 21rA) 6,202 2020 4198 la848 11.128 21648 Page 27

IA cornpary Ilmlled by gu*r•rf••) NOTES TO ThE ANANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021 16. Crndltors: Amounts I￿1￿9 du•wilhin on• y 2020 70.612 18,105 83M07 5.846 26,365 75.286 172,124 107,497 2020 Dofèrred inwne at 1 2020 24A 19,76S 124A48 24,256 24.448 (24,256) 19,756 24,448 (2020.. £328.rio) at the eThl date we not induded as assets or habihlm of the Crywny in li Page 28

(A eompary lry gwJntee} IIOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUIE 2021 16. Slateffle￿ ol lunds 30 June 2021 Jufy 2020 k)com• Exwdilurn General Fun 1.30J.347 1,911484 {1.705.926) 1W.905 Bala￿6 81 June af Unrnstrlct•d fund• I,1￿,416 1.72Z649 (1.549,718) 1.303.347 Total funds 2021 funds Tangib￿ ffftd assets Int￿gjIe fNed wets 14.345 14.345 12.784 12.784 I.654.￿> 1W4,900 (1n,124) {172.124 CrEdorn due thin (fft Total 1.$09.￿5 I￿.406 Pago 29

FOR ThE YEAR ENDED 30 JUNE 2￿￿1 17. Analy¥ty of n•t asmts betwn (conlinwdl 2020 Tangibts fixod os¥ets r￿ed a88ets 4202 6.2LY2 1.118 1.118 1,401524 1.403.524 (107.497) (107.497) T¢Jtsl 1.304347 1,303,347 2020 172.931 8.744 (4,592) (34.325) 12.522 291,696 144.106 Cash in hwJ 1.643.774 1,379,876 Page 30

PMIDENT UIION LErnNGS uirfED FOR ThE YEAR ENCED 30 JUNE 2021 A11Ju At30June Cash at bank in h￿d 1A79M76 283￿•8 1.643.774 1,379M76 253￿90 1,643.714 payab￿ to the fund at bkn sh8& dats(2￿20. ￿}. 2021 2020 Nrtlknth￿1 574,054 930,748 Il*# for £914,347 (2020: £Tr1.7S6). Wlhin 1 ye 862,752 1.384.896 P•Je 31

STUDE1￿ UP4ON LErnNGS UlWtED FOR ThE YEAR EIKJED 30 JUIE 2021 durirwJ the pr at a cosi 01 £20.(XX)1202tr. £15.1￿1. The Cl￿npanY aso £10.￿0 {2020.. £7.5001 in afvertisvbj arKI £335 (2￿20. £2.279) ID expenses to t)e St￿lents Unw)n. At ts yew end £Nil (2020.. £NlI I remaY￿ (Mrt￿&¥*'￿J. (2020.. £7501. The Cwy rjso wl £10.(KK)12020.. £7.500) for thrtising è>w)ses to The Unl￿(8￿ St￿, Unl￿. At the end £NI (2￿2tr. £Nil) reMw￿l ￿lstandIng. at a cost Of£N￿ (21Y20: £1.7(Kll, cw ofthe ofthis ccwnpary is a Twstse of Student Union LettwvJs Lrrited. At the end £NI (2020.. £Nd) renwed (xtstsnding.