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2025-07-31-accounts

OverviewofCharity'sKeyDetails
Charity name:
OverviewofCharity'sKeyDetails
Charity name:
TheUniversityofBath Students'Union
Other names:
Charity number:
Company number:
Charity address:
Governing document:
Constitution:
DetailsofCharity's ProfessionalServices
Bank name:
Bank address: 24-25 Stal I St, BathBA1 1 QF
Auditor name: Crowe U.K. LLP
Auditor address: 5th Floor,R+ Building,2 Blagrave Street, Reading,RG11AZ
SeniorSUManagement
Chief Executive Ryan Bird
Director
Support
ofStudent Leadership &
Charlie Slack
Director ofStudent Life PollyHawker
Company Secretary Ryan Bird

Board ofTrustees Board ofTrustees Board ofTrustees Board ofTrustees Board ofTrustees
Trustee name Office
Lay Trustee
LayTrustee
Start date End date Appointment
Barry Hughes 12/10/2021 - Appointed by the Board
Rebecca Board 22/03/2023 - Appointed by the Board
Bernard Morley LayTrustee 22/03/2023 23/06/2025 Appointed by the Board
Jimena Alamo
Amber Snary
Da'vidLam
Sabbatical Officer 2023-25 24/06/2023 23/06/2025 Elected by members
Sabbatical Officer 2023-25 24/06/2023 23/06/2025 Elected by members
Sabbatical Officer 2023-25 24/06/2023 23/06/2025 Elected by members
Christine Gibbons Lay Trustee 01/02/2024 - Appointed by the Board
Benjamin Orford
Thompson
Sabbatical Officer 2024-26 21/06/2024 - Elected by members
Zuber Lakhani Sabbatical Officer 2024-25 21/06/2024 23/06/2025 Elected by members
Oli'viaWarner Sabbatical Officer 2024-25 21/06/2024 23/06/2025 Elected by members
Kathleen Head Student Trustee 01/09/2024 - Appointed by the Board
Marcus Ward Student Trustee 01/09/2024 23/06/2025 Appointed by the Board
William Lomax Lay Trustee 27/03/2025 - Appointed by the Board
Samuel Ellis Hunt Sabbatical Officer 2025-26 23/06/2025 - Elected by members
Sanya Jethwani Sabbatical Officer 2025-26 23/06/2025 - Elected by members
Angus Gueterbock Sabbatical Officer 2025-26 23/06/2025 - Elected by members
Isabella Downer Sabbatical Officer 2025-26 23/06/2025 - Elected by members
Helen Slater Sabbatical Officer 2025-26 23/06/2025 - Elected by members
Fayyaz Ahmed Student Trustee 01/08/2025 - Appointed by the Board

THE UNIVERSITY OF BATH STUDENTS' UNION

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

6. Disclosure of information to auditor

Each of the persons who are Trustees at the time when this Trustees' Report is approved has confirmed that:

Auditor

The auditor, Crowe U.K. LLP, has indicated their willingness to continue in office. The designated Governors will propose a motion reappointing the auditor at a meeting of the Governors.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Benjamin Orford Thompson Students' Union President

Date: 18 March 2026

Page 15

THE UNIVERSITY OF BATH STUDENTS' UNION

(A Company Limited by Guarantee)

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE UNIVERSITY OF BATH STUDENTS' UNION (CONTINUED)

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any.

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be the override of controls by management. Our audit procedures to respond to these risks included enquiries of management about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, reviewing accounting estimates for biases, reviewing regulatory correspondence with the Charity Commission and reading minutes of meetings of those charged with governance.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. These inherent limitations are particularly significant in the case of misstatement resulting from fraud as this may involve sophisticated schemes designed to avoid detection, including deliberate failure to record transactions, collusion or the provision of intentional misrepresentations.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditor's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Janette Joyce (Senior Statutory Auditor) for and on behalf of Crowe U.K. LLP Statutory Auditor R+ Building 2 Blagrave Street Reading Berkshire RG11AZ

Date: 24 March 2026

Page 20

Note
Income from:
Donations and legacies
4
Charitable activities:
Barsandentertainment
Clubs and societies
Sports associations
Events
Other trading activities
Investments
5
Total income
Expenditure on:
Raising funds
6
Charitable activities
7
Total expenditure
Net movement in funds
Reconciliationoffunds:
Transfer fromunincorporated union
Net movementinfunds
Total funds carried forward
Unrestricted
funds
Yearended
31July
2025
£
3,408,782
997,099
8,330
159,698
412,723
168,021
30,793
5,185,446
Restricted
funds
Yearended
31July
2025
£
35,000
291,049
995,042
182,611
1,503,702
Total
funds
Yearended
31July
2025
£
3,443,782
997,099
299,379
1,154,740
412,723
350,632
30,793
Total
funds
6 months
ended
31 July
2024
£
1,639,761
518,264
152,893
322,760
177,933
178,059
11,807
3,001,477
76,035
2,896,049
2,972,084
29,393
1, 177, 110
29,393
1,206,503
6,689,148
203,655
4,889,240
5,092,895
92,551
766,016
92,551
858,567
1,523,458 203,655
6,412,698
1,523,458 6,616,353
(19,756)
440,487
(19,756)
420,731
72,795
1,206,503
72,795
1,279,298

THE UNIVERSITY OF BATH STUDENTS' UNION (A Company Limited by Guarantee) REGISTERED NUMBER: 15275780

BALANCE SHEET AS AT 31 JULY 2025

2025 2024
Note £ £
Fixed assets
Intangible assets 12
Tangible assets 13 147,958 135,537
147,958 135,537
Current assets
Stocks 14 15,409 8,769
Debtors 15 470,081 282,107
Cash at bank and in hand 1,019,691 952,266
1,505,181 1,243,142
Current liabilities
Creditors: amounts falling due within one
year 16 (373,841) (172,176)
Net current assets 1,131,340 1,070,966
Total net assets 1,279,298 1,206,503
Charity funds
Restricted funds 17 420,731 440,487
Unrestricted funds:
Designated funds 17 7,734 8,152
General funds 17 850,833 757,864
Total unrestricted funds 17 858,567 766,016
Total funds 1,279,298 1,206,503

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statemer\t&-Wer proved and authorised for issue by the Trustees on 18 March 2026 and signed on their behalf by:

Ryan Bird

Chief Executive

The notes on pages 24 to 47 form part of these financial statements.

Page 22

Note
Cashflowsfromoperatingactivities
Net cash usedinoperating activities
19
Cashflowsfrominvestingactivities
Bank interest
Purchaseoftangible fixed assets
Transfer from unincorporated charity
Net cash (used in)/providedbyinvestingactivities
Cashflowsfromfinancingactivities
Net cash provided byfinancingactivities
Changeincash and cash equivalentsinthe year
Cash and cash equivalents at the beginningofthe year
Cash and cash equivalentsatthe endofthe year
20
The notesonpages 24 to 47 form part of these financial statements
Year ended
31July
2025
£
103,300
30,793
(66,668)
(35,875)
67,425
952,266
1,019,691
6 months
ended
31July
2024
£
(78,044)
11,807
(25,944)
1,044,447
1,030,310
952,266
952,266

Grants
Block grant
Grant in kind - rent
Grantinkind - accommodation
Grant in kind - salary
Other grants
Unrestricted
funds
Year ended
31July
2025
£
2,462,766
809,000
79,817
57,199
3,408,782
Restricted
funds
Year ended
31July
2025
£
35,000
35,000
Total
funds
Year ended
31July
2025
£
2,462,766
809,000
79,817
57,199
35,000
3,443,782
Grants
Block grant
Grant in kind - rent
Grantinkind - accommodation
Grant in kind - salary
Other grants
Unrestricted
funds
6 months
ended
31 July
2024
£
1, 177,362
396,500
40,985
23,914
1,000
1,639,761
Total
funds
6 months
ended
31July
2024
£
1,177,362
396,500
40,985
23,914
1,000
1,639,761

Un restricted
funds
Year ended
31July
2025
£
30,793
Unrestricted
funds
6 months
ended
31July
2024
£
11,807
Total
funds
Year ended
31July
2025
£
30,793
Total
funds
6 months
ended
31 July
2024
£
11,807

Commercial activities
Wages and salaries
Commercial activities
Wages and salaries
Unrestricted
funds
Year ended
31July
2025
£
47,220
156,435
203,655
Unrestricted
funds
6 months
ended
·31 July
2024
£
10,780
65,255
76,035
Total
funds
Year ended
31July
2025
£
47,220
156,435
203,655
Total
funds
6 months
ended
31July
2024
£
10,780
65,255
76,035

Bars and Entertainment
Clubs and Societies
Sports Associations
Events
Student Activities and Advice
Volunteering
Governance costs
Unrestricted
funds
Year ended
31July
2025
£
1,315,257
268,150
1,280,060
514,163
1,293,144
160,336
58,130
4,889,240
Restricted
funds
Total
Year ended
Year ended
31July
31July
2025
2025
£
£
1,315,257
286,858
555,008
1,056,375
2,336,435
514,163
180,225
1,473,369
160,336
58,130
1,523,458
6,412,698
Bars and Entertainment
Clubs and Societies
Sports Associations
Events
Student Activities and Advice
Volunteering
Governance costs
Unrestricted
funds
6 months
ended
31 July
2024
£
608,760
128,481
528,974
268,001
591,817
75,643
60,168
2,261,844
Restricted
funds
Total
6 months
6 months
ended
ended
31July
31 July
2024
2024
£
£
608,760
162,184
290,665
387,039
916,013
268,001
84,982
676,799
75,643
60,168
634,205
2,896,049

Bars and Entertainment
Clubs and Societies
Sports Associations
Events
Student Activities and Advice
Volunteering
Governance costs
Staff costs
Year ended
31July
2025
£
587,818
148,295
652,066
105,288
1,067,903
126,343
2,687,713
Direct costs
Year ended
31July
2025
£
359,935
297,830
1,218,067
233,370
62,692
3,183
2,175,077
Support
costs
Year ended
31July
2025
£
367,504
108,883
466,302
175,505
342,774
30,810
58,130
1,549,908
Total
Year ended
31July
2025
£
1,315,257
555,008
2,336,435
514,163
1,473,369
160,336
58,130
6,412,698
Bars and Entertainment
Clubs and Societies
Sports Associations
Events
Student Activities and Advice
Volunteering
Governance costs
Staff costs
6 months
ended
31July
2024
£
248,438
70,506
282,025
47,952
460,911
59,620
1, 169,452
Direct costs
6 months
ended
31July
2024
£
186,724
163,314
455,624
152,774
49,002
1,319
1,008,757
Support
costs
6 months
ended
31July
2024
£
173,598
56,845
178,364
67,275
166,886
14,704
60,168
717,840
Total
6 months
ended
31July
2024
£
608,760
290,665
916,013
268,001
676,799
75,643
60, 168
2,896,049

Allocationofshared costs
Usage
Bars & Entertainment
20%
Clubs & Societies
9%
Sports Associations
39%
Events
7%
Student Activities & Advice
22%
Volunteering
3%
Staff costs Direct costs
Year ended
Year ended
31July
31July

2025
2025
£
£
203,678
10,309
95,875
4,853
401,903
20,342
72,780
3,684
231,055
11,694
27,836
1,409
Support
costs
Total
Year ended Year ended
31July
31July
2025
2025
£
£
225,237
439,224
106,023
206,751
444,444
866,689
80,483
156,947
255,512
498,261
30,782
60,027
1,033,127
52,291
1,142,481
2,227,899
Support
Staff costs _Direct_costs costs Total
6 months 6 months 6 months 6 months
ended ended ended ended
31July 31July 31July 31July
Usage 2024 2024 2024 2024
£ £ £ £
Bars & Entertainment 20% 77,076 4,282 101,844 183,203
Clubs & Societies 11% 41,414 2,301 54,722 98,438
Sports Associations 34% 130,653 7,259 172,637 310,549
Events 9% 35,553 1,975 46,977 84,505
Student Activities & Advice 23% 90,316 5,018 119,338 214,672
Volunteering 3% 10,793 600 14,262 25,655
385,806 21,435 509,780 917,022

6 months
Year ended ended
31July 31July
2025 2024
£ £
Fees payable to the charity's auditor for the auditofthe charity's annual
accounts 20,200 24,750
Fees payabletothe charity's auditor in respect of:
All non-audit services not included above 1,500 5,486

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
Other staff costs *
Year ended
31July
2025
£
2,165,393
166,961
217,430
294,364
2,844,148
6 months
ended
31July
2024
£
935,935
70,276
107,471
121,025
1,234,707
Year ended
31July
2025
No.
Fulltime staff
56
Casual staff (Part time)
216
272
6 months
ended
31July
2024
No.
56
206
262

6 months
Year ended ended
31July 31July
2025 2024
£ £
B Orford Thompson 29,609 5,692
D Lam 26,158 13,263
A Snary 25,852 13,263
0Warner 24,482 3,780
J Alamo 23,979 12,705
Z Lakhani 23,777 3,685
A Gueterbock 5,588
H Slater 5,571
S Hunt 5,568
S Jethwani 5,314
I Downer 5,005
HHajzer 10,450
J Neverauskaite 4,338
A Watkin 11,050

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED31JULY2025
12.
Intangibleassets
Cost
At1 August 2024
At31July 2025
Amortisation
At 1 August 2024
At31July 2025
Netbookvalue
At31July 2025
At31July 2024
Computer
software
£
18,387
18,387
18,387
18,387

Cost or valuation
At 1 August 2024
Additions
Disposals
At31July 2025
Depreciation
At 1 August 2024
Charge for the year
On disposals
At31July 2025
Net book value
At31July 2025
At31 July 2024
14.
Stocks
Leasehold
improvments
£
62,195
62,195
53,721
4,217
57,938
4,257
8,474
Finished goods and goods for resale
Motor
vehicles
£
1,796
1,796
1,796
1,796
Office
equipment
Total
£
£
519,497
583,488
66,668
66,668
(44,107)
(44,107)
542,058
606,049
392,434
447,951
50,030
54,247
(44,107)
(44,107)
398,357
458,091
143,701
147,958
127,063
135,537
2025
2024
£
£
15,409
8,769

Due within one year
Trade debtors
Other debtors
Prepayments and accrued income
2025
£
55,239
380,112
34,730
470,081
2024
£
9,967
225,790
46,350
282,107

Trade creditors
Other creditors
Accruals and deferred income
2025
£
330,141
9,601
34,099
373,841
2024
£
53,825
3,929
114,422
172, 176

Balanceat1
August2024
£
Unrestricted funds
Designatedfunds
Clubs and Societies
8,152
Generalfunds
General Funds
757,864
Total Unrestrictedfunds
766,016
Restrictedfunds
SCP
45,649
Alumni
31,430
Student Development
34,916
Sports and Societies
233,946
Club Asset reserve
94,546
Enterprise
440,487
Totaloffunds
1,206,503
Income
£
3,013
5,182,433
5,185,446
82,141
25,000
2,538
1,286,091
90,432
17,500
1,503,702
6,689,148
Balanceat
Expenditure31July2025
£
£
(3,431)
7,734
(5,089,464)
850,833
(5,092,895)
858,567
(126,056)
1,734
(19,390)
37,040
(5,174)
32,280
(1,343,233)
176,804
(29,605)
155,373
17,500
(1,523,458)
420,731
(6,616,353)
1,279,298

Unrestricted funds
Designated funds
Clubs and Societies
General funds
General Funds
Total Unrestricted funds
Restricted funds
SCP
Alumni
Student Development
Sports and Societies
Club Asset reserve
Totaloffunds
Transfer from
unincorporated
union
£
8,911
600,735
609,646
52,703
54,386
34,589
345,387
80,399
567,464
1,177,110
Income
£
849
2,493,400
2,494,249
47,000
2,174
432,110
25,944
507,228
3,001,477
Balance at
Expenditure31July 2024
£
£
(1,608)
8,152
(2,336,271)
757,864
(2,337,879)
766,016
(54,054)
45,649
(22,956)
31,430
(1,847)
34,916
(543,551)
233,946
(11,797)
94,546
(634,205)
440,487
(2,972,084)
1,206,503

Unrestricted
funds
2025
£
Tangible fixed assets
29,133
Current assets
1,203,275
Creditors due within one year
(373,841)
Total
858,567
Restricted
funds
2025
£
118,825
301,906
420,731
Total
funds
2025
£
147,958
1,505,181
(373,841)
1,279,298
Tangible fixed assets
Current assets
Creditors due within one year
Total
Unrestricted
funds
2024
£
40,991
897,201
(172,176)
766,016
Restricted
Total
funds
funds
2024
2024
£
£
94,546
135,537
345,941
1,243,142
(172,176)
440,487
1,206,503

Net income for the year (as per StatementofFinancial Activities)
Adjustments for:
Depreciation charges
Interest income
Increase in stocks
Increase in debtors
Increase in creditors
Net cash provided by/(used in) operating activities
Year ended
31July
2025
£
72,795
54,247
(30,793)
(6,640)
(187,974)
201,665
103,300
6 months
ended
31 July
2024
£
29,393
23,070
(11,807)
(8,769)
(282, 107)
172, 176
(78,044)

Cash in hand
Total cash and cash equivalents
2025
2024
£
£
1,019,691
1,019,691
952,266
952,266

Cashatbank andinhand At1 August
2024
£
952,266
952,266
Cashflows
£
67,425
67,425
At31July
2025
£
1,019,691
1,019,691

Not later than 1 year
Later than 1 year and not later than 5 years
2025
£
20,091
17,506
37,597
2024
£
22,857
43,690
66,547
6 months
Year ended ended
31July 31July
2025 2024
£ £
Operating lease rentals 33,562 26,467

RAG
Transferred from unincorporated union
Amounts received
Amounts expended
At31July 2024
Year ended
31 July
2025
£
2,429
92,525
{92,298)
2,656
6 months
ended
31July
2024
£
8,571
34,074
(40,216)
2,429