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2025-07-31-accounts

University College Birmingham Students' Union (The Guild of Students)

Trustees' Report and Unaudited Accounts

University College Birmingham Students' Union (The Guild of Students) Contents

Pages
Trustees'AnnualReport 1 to 6
IndependentExaminer'sReport 7
Statement of FinancialActivities 8
BalanceSheet 9
Notesto the Accounts 10 to 19
DetailedStatement of FinancialActivities 20 to 22

University College Birmingham Students' Union (The Guild of Students) Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 July 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1177734

Trustees

The following trustees served during the year:

K.S. Chavan

S. Chougale

M.F. Enache

N.H. Jordan

S.K. Kamtee

A.N. Parsons

J. Surman

L. Teague

P. Venugopal

D. Wilczynska

Accountants

BVSC

Latham House

33-34 Paradise Street

Birmingham

B1 2AJ

Page 1

Trustees’ Annual Report

for the year ended 31 July 2025

The trustees present their annual report for the year ending 31 July 2025 for the charity University College Birmingham Guild of Students (referred to as “the Guild”).

1. Objectives and Activities

The Guild exists to represent, support and empower students at University College Birmingham. Its core purpose is to further education by promoting the interests and welfare of students, improving their experience, and supporting their participation in the life of the University. Throughout the year the Guild delivered a wide range of representation, engagement and support activities, including democratic processes, Course Rep engagement, liberation and sustainability work, cultural activities, and welfare initiatives.

public benefit guidance when setting objectives and planning activities.

2. Public Benefit

education and the improvement of student welfare. The organisation enabled 453 Course Reps and 3 elected Sabbatical Officers to shape students’ learning environment, and supported students to influence University decisions through Council motions and structured feedback mechanisms. The Guild has taken steps to reduce barriers to participation for under-represented groups, including through the appointment of Liberation Officers, development of ‘Sustainability Representatives’ and the delivery of targeted cultural community-building events.

targeted support funds, distributing essential items, and piloting food support for students experiencing cost-of-living pressures. Alongside this, it contributed significantly to the University’s Access and Participation work, supporting

Page 2

outreach, mentoring, training and transition activities designed to improve access, retention and progression for widening-participation student groups.

3. Achievements and Performance

3.1 Governance and Leadership

In the given year, the Board welcomed one new student trustee and one external trustee. Collectively, the Board progressed work on the Guild’s long-term strategy, developing a new Strategic Plan with three major themes:

3.2 Democracy, Representation and Student

Leadership

increased opportunities for both FE and HE students to participate in leadership from next academic year. Elections returned a full team of Sabbatical Officers, and part-time roles were successfully filled during the main election period and one subsequent byelection. Both elections were returned by the Director of NUS Charity, who confirmed that the election was run in a fair and democratic manner which satisfies the stipulations as laid out within the 1994 Education Act. 23 candidates participated in the main election period, attracting 2,253 voters – a higher percentage turnout than the NUS member average for each of the past five academic years.

‘Student Council’ is the Guild’s main democratic forum. Motions brought forward addressed issues such as community building, course placements, cost of living, communication of events and services, and gender-neutral facilities. These motions informed campaign priorities and improvements to internal processes, including the way the Guild communicates with students and supports emerging leaders.

Page 3

3.3 Student Engagement and Community Building

The Guild recorded over 10,000 student interactions across the year. Regular social and wellbeing events provided welcoming spaces for students to connect, particularly at the Maltings, where weekly activities and themed programmes supported student belonging and retention. Collaborative events with student groups, academic programmes and the University created opportunities for peer-led delivery and skill development.

During the academic year:

A strong cultural programme supported inclusion and showcased the diversity of the student body. Activities including Diwali, Chinese New Year, Holi, Iftar gatherings and One World Day helped foster a sense of community and encouraged intercultural understanding. The Guild once again also supported sporting participation via our Tri-Varsity tournament against Birmingham Newman University and Wolverhampton University.

3.4 National Influence and Sector Engagement

The Guild represented UCB students at a national level by contributing to Parliamentary groups including the All Party Parliamentary Group for Students, policy commissions and sector-wide quality forums. We are especially proud to note the appointment of Dominika Wilczynska (Education Officer) to the Quality Council for UK Higher Education as the sole representative of students in England. Across the Guild’s national lobbying efforts, Officers shared student perspectives on funding, quality, cost of living and international students’ experiences.

Page 4

4. Partnership with University College

Birmingham

The Guild continued to work closely with the University on a range of initiatives, including the launch of the Baskerville House support offices, the delivery of welcome and transition activities, and our extensive collaboration on Access and Participation work. Regarding student support in particular, the Guild developed information to aid students in finding the new support offices and has advocated for simplifications in the appointment/referral processes to such professional services teams.

At the same time, the Guild raised concerns where students felt their needs were not being met. These included access to prayer facilities, accessibility issues at Baskerville House, preparations for forthcoming regulation on harassment and sexual misconduct, and calls for clearer and more equitable financial support for both home and international students. The Guild also highlighted students’ requests for safer and more inclusive gender-neutral facilities.

5. Plans for Future Periods

Strategy, with a focus on broadening engagement across all student communities and strengthening its presence among FE and international students.

In the 2025-26 academic year, we will also be beginning extensive work to support the University’s Access and Participation Plan. With over 15 different interventions planned for delivery by the Guild, this represents a significant and positive development in our relationship with UCB, and a vast expansion in the Guild’s direct-delivery of support. In practice, our APP commitments will be delivered by several members of the Guild’s staff team, which will require careful workload allocation and ongoing monitoring of capacity. In the same spirit, our future priorities also include improving support for international students, developing sustainable, cheaper food provision to help tackle the ongoing cost of living challenges for our students, and working with the University to enhance prayer spaces, accessibility and inclusion.

Page 5

The Guild’s block grant funding is set to grow again for the 2025-26 academic year, which will facilitate additional events, improved support for student leaders, and an expansion of FE-related activity. Given the wider context of the higher education sector’s finances, we are especially grateful for UCB’s continuing support to fund our charitable work and their demonstrated trust in the Guild as a professional organisation. In the next year, we will prioritise further work with UCB to establish sustainable funding that is balanced with the value offered to members. We remain committed to developing our provision for student advice casework through the introduction of dedicated staffing capacity in this area, and will also work with UCB to address space constraints to best deliver for students.

Page 6

University College Birmingham Students' Union (The Guild of Students)

Independent Examiners Report

Independent Examiner's Report to the trustees of University College Birmingham Students' Union (The Guild of Students)

I report to the trustees on my examination of the financial statements of University College Birmingham Students' Union (The Guild of Students) for the year ended 31 July 2025.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of .

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Jasbir Rai

ACMA

B VSC

Latham House

33-34 Paradise Street

Birmingham

B1 2AJ 31 July 2025

University College Birmingham Students' Union (The Guild of Students) Statement of Financial Activities

for the year ended 31 July 2025

Notes
Income and endowments
from:
UniversityBlockGrant
3
StudentEngagement
Activities
4
Other tradingactivities
5
Investments
6
Other
7
Total
Expenditure on:
Expenditure on trading
activities
8
Expenditure onstudent
engagementactivities
9
Other
10
11
Total
Net gains on investments
Net (expenditure)/income
Transfers between funds
Net (expenditure)/income
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds		 Totalfunds Totalfunds
2025 2025 2024
£ £ £
292,985 292,985 275,000
20,797 20,797 18,941
43,255 43,255 26,517
1,366 1,366 1,581
1,116 1,116 2,243
359,519 359,519 324,282
34,251 34,251 19,421
29,828 29,828 39,066
307,519 307,519 265,410
371,598 371,598 323,897
- - -
(12,079) (12,079) 385
- - -
(12,079) (12,079) 385
(12,079) (12,079) 385
114,776 114,776 114,391
102,697 102,697 114,776

Page 8

University College Birmingham Students' Union (The Guild of Students) Balance Sheet

at 31 July 2025

at 31July 2025
Charity No.1177734
Fixed assets
Tangibleassets
14
Investments
15
Current assets
Stocks
16
Debtors
17
Cashat bankandin hand
Creditors: Amountfallingdue within one year
18
Netcurrent assets
Totalassets lesscurrentliabilities
Net assetsexcludingpension asset orliability
Totalnet assets
Thefundsofthecharity
Restrictedfunds
19
Unrestrictedfunds
19
Generalfunds
Reserves
19
Totalfunds		 2025
£
2,494
60
2,554
1,495
21,702
166,306
189,503
(89,360)
100,143
102,697
102,697
102,697
102,697
102,697
102,697		 2024
£
1,648
60
1,708
162
18,964
105,980
125,106
(12,038)
113,068
114,776
114,776
114,776
114,776
114,776
114,776

Approved by the trustees on 31 July 2025

And signed on their behalf by:

SIGN

A.N. Parsons Trustee 31 July 2025

Page 9

University College Birmingham Students' Union (The Guild of Students) Notes to the Accounts

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year.

assets

Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 10

University College Birmingham Students' Union (The Guild of Students) Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.

Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Computer equipment and 25%% Straight Line fixtures

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 11

University College Birmingham Students' Union (The Guild of Students) Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.

Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 1 2

University College Birmingham Students' Union (The Guild of Students) Notes to the Accounts

2
Statement ofFinancialActivities-prior year
Income and endowmentsfrom:
UniversityBlockGrant
Student engagement
activities
Other tradingactivities
Investments
Other
Total
Expenditure on:
Expenditure on trading
activities
Expenditure onstudent
engagementactivities
Other
Total
Netincome
Netincome before other
gains/(losses)
Othergainsandlosses:
Net movementinfunds
Reconciliation of funds:
Totalfundsbroughtforward
Totalfundscarriedforward
3
University BlockGrant
UniversityBlockGrant
AdditionalUniversity Grant
(non-recurring)		 Unrestricted
£
292,985
-
292,985		 Unrestricted
funds
2024
£
275,000
18,941
26,517
1,581
2,243
324,282
19,421
39,066
265,410
323,897
385
385
385
114,391
114,776
Total
2025
£
292,985
-
292,985		 Totalfunds
2024
£
275,000
18,941
26,517
1,581
2,243
324,282
19,421
39,066
265,410
323,897
385
385
385
114,391
114,776
Total
2024
£
240,000
35,000
275,000

Page 1 3

University College Birmingham Students' Union (The Guild of Students) Notes to the Accounts

Income from student engagement

4
Incomefromstudent engagement
activities
StudentServicese.g.Society
memberships
5
Incomefrom other tradingactivities
ShopIncome
Advertisingand
promotion/campaigns
Events
6
Incomefrominvestments
Bankinterest
7
Otherincome
Miscincome
8
Expenditure on tradingactivities
Expenditure on trading
activities		 Unrestricted
£
20,797
20,797
Unrestricted
£
37,366
4,659
1,230
43,255
Unrestricted
£
1,366
1,366
Unrestricted
£
1,116
1,116		 Total
2025
£
20,797
20,797
Total
2025
£
37,366
4,659
1,230
43,255
Total
2025
£
1,366
1,366
Total
2025
£
1,116
1,116		 Total
2024
£
18,941
18,941
Total
2024
£
20,316
6,009
192
26,517
Total
2024
£
1,581
1,581
Total
2024
£
2,243
2,243
Unrestricted
£
34,251
34,251		 Total
2025
£
34,251
34,251		 Total
2024
£
19,421
19,421

Page 1 4

University College Birmingham Students' Union (The Guild of Students) Notes to the Accounts

Expenditure on student engagement 9 activities

9
Expenditure onstudent engagement
activities
Expenditureonstudent
engagement activities
StudentServicese.g.Society
memberships
Friendship,support,
communitiesand organising
activities
Leadership trainingand
elections
Societiesdirectfunding
Governancecosts
Trustee expenses
Governance
10 Other expenditure
Employeecosts
Amortisation,depreciation,
impairment,profit/losson
disposalof fixedassets
Generaladministrativecosts
Legaland professionalcosts
11 Net(expenditure)/income before transfers
Thisis statedaftercharging:
Depreciation ofownedfixedassets
12 Trustee remuneration and expenses		 Unrestricted
£
-
6,313
1,828
19,773
294
1,620
29,828
Unrestricted
£
291,477
680
12,437
2,925
307,519
2025
£
680		 Total
2025
£
-
6,313
1,828
19,773
294
1,620
29,828
Total
2025
£
291,477
680
12,437
2,925
307,519		 Total
2024
£
4,823
2,489
1,666
26,523
949
2,616
39,066
Total
2024
£
234,493
808
28,259
1,850
265,410
2024
£
808

One or more of the trustees has been paid remuneration in the current or prior periods.

Page 1 5

13 Staffcosts
2025
2024
Salariesand wages
251,500
206,827
Socialsecuritycosts
17,356
17,482
Pensioncosts
8,201
5,761
277,057
230,070
No employee received emolumentsin excessof£60,000.
Theaverage monthly number of fulltime equivalent employeesduringthe year wasasfollows:
2025
2024
Number
Number
Studentservices
3
3
Supportservices
7
7
10
10
14 Tangiblefixed assets
Computer
equipment
andfixtures
Total
£
£
Cost or revaluation
At 1 August 2024
17,588
17,588
Additions
1,525
1,525
At 31July 2025
19,113
19,113
Depreciation and
impairment
At 1 August 2024
15,939
15,939
Depreciationchargefor the
year
680
680
At 31July 2025
16,619
16,619
Net bookvalues
At 31July 2025
2,494
2,494
At 31July 2024
1,649
1,649
15 Investments
Other
investments
-Unlisted
Total
£
£
Cost or revaluation
At 1 August 2024
60
60
At 31July 2025
60
60
Net bookvalues
At 31July 2025
60
60
At 31July 2024
60
60
UniversityCollege BirminghamStudents'Union(The Guild ofStudents)
Notesto the Accounts		 13 Staffcosts
2025
2024
Salariesand wages
251,500
206,827
Socialsecuritycosts
17,356
17,482
Pensioncosts
8,201
5,761
277,057
230,070
No employee received emolumentsin excessof£60,000.
Theaverage monthly number of fulltime equivalent employeesduringthe year wasasfollows:
2025
2024
Number
Number
Studentservices
3
3
Supportservices
7
7
10
10
14 Tangiblefixed assets
Computer
equipment
andfixtures
Total
£
£
Cost or revaluation
At 1 August 2024
17,588
17,588
Additions
1,525
1,525
At 31July 2025
19,113
19,113
Depreciation and
impairment
At 1 August 2024
15,939
15,939
Depreciationchargefor the
year
680
680
At 31July 2025
16,619
16,619
Net bookvalues
At 31July 2025
2,494
2,494
At 31July 2024
1,649
1,649
15 Investments
Other
investments
-Unlisted
Total
£
£
Cost or revaluation
At 1 August 2024
60
60
At 31July 2025
60
60
Net bookvalues
At 31July 2025
60
60
At 31July 2024
60
60
UniversityCollege BirminghamStudents'Union(The Guild ofStudents)
Notesto the Accounts		 13 Staffcosts
2025
2024
Salariesand wages
251,500
206,827
Socialsecuritycosts
17,356
17,482
Pensioncosts
8,201
5,761
277,057
230,070
No employee received emolumentsin excessof£60,000.
Theaverage monthly number of fulltime equivalent employeesduringthe year wasasfollows:
2025
2024
Number
Number
Studentservices
3
3
Supportservices
7
7
10
10
14 Tangiblefixed assets
Computer
equipment
andfixtures
Total
£
£
Cost or revaluation
At 1 August 2024
17,588
17,588
Additions
1,525
1,525
At 31July 2025
19,113
19,113
Depreciation and
impairment
At 1 August 2024
15,939
15,939
Depreciationchargefor the
year
680
680
At 31July 2025
16,619
16,619
Net bookvalues
At 31July 2025
2,494
2,494
At 31July 2024
1,649
1,649
15 Investments
Other
investments
-Unlisted
Total
£
£
Cost or revaluation
At 1 August 2024
60
60
At 31July 2025
60
60
Net bookvalues
At 31July 2025
60
60
At 31July 2024
60
60
UniversityCollege BirminghamStudents'Union(The Guild ofStudents)
Notesto the Accounts		 2024
206,827
17,482
5,761
230,070
10
Total
£
17,588
1,525
19,113
15,939
680
16,619
2,494
1,649
Total
£
60
60
60
60
The Guild hasaholdingof60‘A’sharesof£1.00in NUS ServicesLtd.

Page 1 6

University College Birmingham Students' Union (The Guild of Students) Notes to the Accounts

16 Stocks

16 Stocks
Finishedgoods
17 Debtors
Trade debtors
VATrecoverable
Other debtors
18 Creditors:
amountsfallingdue within one year
Tradecreditors
Other taxesandsocialsecurity
Othercreditors
Accruals
Deferredincome
19 Movementinfunds
Restrictedfunds:
Unrestrictedfunds:
Generalfunds
Totalfunds
20 Analysisofnet assetsbetweenfunds
Fixedassets		 2025
£
1,495
1,495
2025
£
20,037
130
1,535
21,702
2025
£
3,131
-
469		 2024
£
162
162
2024
£
18,964
-
-
18,964
2024
£
8,616
2,042
580
1,760 800
84,000 -
At 1 August
2024
114,776
114,776		 89,360
Incoming
resources
(including
other
gains/losses
)
£
359,519
359,519
Unrestricted
funds
£
2,494		 Resources
expended
£
(371,598)
(371,598)
Restricted
funds
£
-		 12,038
At 31July
2025
£
102,697
102,697
Total
£
2,494
Investments 60 - 60
Netcurrentassets 114,143
116,697		 (14,000)
(14,000)		 100,143
102,697

Page 1 7

University College Birmingham Students' Union (The Guild of Students) Notes to the Accounts

21 Reconciliation of net debt

Cashandcash equivalents
Net debt		 At 1 August
2024
£		 Cashflows
£		 At 31July
2025
£
105,980 60,326 166,306
105,980
105,980		 60,326
60,326		 166,306
166,306
Commitments
Operatingleasecommitments
Annualcommitmentsunder non-cancellable operatingleasesareasfollows:
2025
2025
Land and
buildings
Other
£
£
Operatingleaseswith expiry date:
Pensioncommitments
2025
£
The pensioncostcharge to thecharity
amounted to:
8,201
Related party disclosures
Nameofrelated party
UniversityCollegeBirmingham
Description ofrelationship
between theparties
The Guild received blockgrant of£275,000
from the Uniduringthe year
Nameofrelated party
TrusteesofUniversityCollegeBirmiongham
Students'Union
Description ofrelationship
between theparties
Allsabbaticalofficersreceivedasalaryas
authorisedin thegoverningdocument ofthe
Guildfor representation,campaigningand
support workthey undertakeasdistinct
from their trustee responsibilities.The work
includesvoicingstudent opinion with the
Universityandlocalcommunity,defending
and extendingthe rightsofstudentsthrough
petitionsand discussionswithlocalMP’s.		 2024
Land and
buildings
£		 2024
Other
£
2024
£
5,761

22 Commitments

Page 1 8

University College Birmingham Students' Union (The Guild of Students) Statement of Cash flows

for the year ended 31 July 2025

Cashflowsfrom operatingactivities
Net(expenditure)/income perStatement ofFinancialActivities
Adjustmentsfor:
Depreciation ofproperty,plantand equipment
Dividends,interestand rentsfrominvestments
(Increase)/Decreaseinstocks
Increasein tradeand other receivables
Increasein tradeand other payables
Netcash provided by operatingactivities
Cashflowsfrominvestingactivities
Paymentsfor property,plantand equipment
Dividends,interestand rentsfrominvestments
Netcashfrominvestingactivities
Netcashfromfinancingactivities
Netincreaseincash andcash equivalents
Cash andcash equivalentsat the beginningofthe year
Cash andcash equivalentsat the end ofthe year		 2025
£
(12,079)
680
(2,482)
(1,333)
(2,738)
77,322
59,370
(1,525)
2,482
957
-
60,327
105,980
166,307		 2024
£
385
808
(3,824)
5,447
(12,138)
9,892
570
(2,073)
3,824
1,751
-
2,321
103,659
105,980
Componentsofcash andcash equivalents
Cashand bankbalances 166,306 105,980
166,306 105,980

Page 1 9

University College Birmingham Students' Union (The Guild of Students) Detailed Statement of Financial Activities

for the year ended 31 July 2025

for the year ended 31July 2025
Income and endowmentsfrom:
UniversityBlockGrant
UniversityBlockGrant
AdditionalUniversity Grant
(non-recurring)
StudentEngagement Activities
StudentServicese.g.Society
memberships
Other tradingactivities
ShopIncome
Advertisingand
promotion/campaigns
Events
Investments
Bankinterest
Other
Miscincome
Total income and endowments
Expenditure on:
Expenditure on tradingactivities
Totalofexpenditure on trading
activities
Expenditure onStudent
Engagement Activities
StudentServicese.g.Society
memberships
Friendship,support,communities
and organisingactivities
Leadership trainingand elections
Societiesdirectfunding
Governancecosts		 Unrestricted
funds
2025
£
292,985
-
292,985
20,797
20,797
37,366
4,659
1,230
43,255
1,366
1,366
1,116
1,116
359,519
34,251
34,251
34,251
-
6,313
1,828
19,773
27,914		 Totalfunds
2025
£
292,985
-
292,985
20,797
20,797
37,366
4,659
1,230
43,255
1,366
1,366
1,116
1,116
359,519
34,251
34,251
34,251
-
6,313
1,828
19,773
27,914		 Totalfunds
2024
£
240,000
35,000
275,000
18,941
18,941
20,316
6,009
192
26,517
1,581
1,581
2,243
2,243
324,282
19,421
19,421
19,421
4,823
2,489
1,666
26,523
35,501

Page 20

University College Birmingham Students' Union (The Guild of Students) Detailed Statement of Financial Activities

Trustee expenses
Governance
Totalofexpenditure onstudent
engagement activities
Employeecosts
Salaries/wages
Directors'remuneration
Employer'sNIC
Pensioncosts
Stafftraining
Staffwelfare
Temporarystaff
Generaladministrativecosts,
includingdepreciationand
amortisation
Depreciation ofComputer
equipmentandfixtures
Bad debts
Bankcharges
General insurances
Software,ITsupportand related
costs
Stationeryand printing
Subscriptions
Sundry expenses
Legaland professionalcosts
Audit/Independent examination
fees
Accountancyand bookkeeping
Totalofexpenditure ofothercosts
Totalexpenditure
Netgainsoninvestments
Net(expenditure)/income
Net(expenditure)/income before
othergains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:		 294
1,620
1,914
29,828
178,667
72,833
17,356
8,201
5,131
1,838
7,451
291,477
680
-
-
3,681
2,828
621
5,307
-
13,117
2,010
915
2,925
307,519
371,598
-
(12,079)
(12,079)
-
(12,079)		 294
1,620
1,914
29,828
178,667
72,833
17,356
8,201
5,131
1,838
7,451
291,477
680
-
-
3,681
2,828
621
5,307
-
13,117
2,010
915
2,925
307,519
371,598
-
(12,079)
(12,079)
-
(12,079)		 949
2,616
3,565
39,066
129,071
77,756
17,482
5,761
2,431
1,992
-
234,493
808
4,958
811
2,908
8,589
1,117
5,835
4,041
29,067
800
1,050
1,850
265,410
323,897
-
385
385
-
385

Page 21

Totalfundsbroughtforward
114,776
Totalfundscarriedforward
102,697
UniversityCollege BirminghamStudents'Union(The Guild ofStudents)
DetailedStatement ofFinancialActivities		 114,776
102,697		 114,391
114,776

Page 2 2