HULL UNIVERSITY UNION

Charity number: 1141201
Removed charity

Charity overview

Activities - how the charity spends its money

Hull University Union is the Students' Union of the University of Hull. Oue main aim is to help provide the best possible experience to our students whilst they are at University. This includes their education and extramural activites./ Further details are available on http//www.hullstudent.com.

Income and expenditure

Data for financial year ending 31 July 2013

Total income:
£5,044,812

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Donations and legacies £1.33m
Charitable activities £449.73k
Other trading activities £3.19m
Investments £24.77k
Other £46.44k

Total expenditure:
£4,925,377

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Raising funds £0
Charitable activities £2.31m
Other £140.69k

£64,170 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £2.62m
Charitable expenditure £2.31m
Retained for future use £119.44k

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • East Riding Of Yorkshire
  • Kingston Upon Hull City
  • North Yorkshire

Governance

Registration history:
  • 06 April 2011: Standard registration
  • 05 December 2015: Removed (Funds transferred (incor))
  • 05 December 2015: Funds transferred to 1152549 HULL UNIVERSITY STUDENTS' UNION LIMITED
Organisation type:
Other
Other names:
  • HUU (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/07/2012 31/07/2013
Total gross income £5.12m £5.04m
Total expenditure £4.82m £4.93m
Income from government contracts N/A N/A
Income from government grants N/A N/A
Income - Donations and legacies £1.38m £1.33m
Income - Other trading activities £3.26m £3.19m
Income - Charitable activities £456.00k £449.73k
Income - Endowments £0 £0
Income - Investment £19.00k £24.77k
Income - Other £0 £46.44k
Income - Legacies £0 £0
Expenditure - Charitable activities £2.25m £2.31m
Expenditure - Raising funds N/A N/A
Expenditure - Governance £14.00k £71.43k
Expenditure - Grants institution £0 £0
Expenditure - Investment management £0 £0
Expenditure - Other £0 £140.69k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/07/2012 31/07/2013
Own use assets £4.01m £3.75m
Long-term investments £608.00k £713.12k
Other assets £765.00k £953.49k
Defined benefit pension scheme asset or liability £0 £0
Total liabilities £376.00k £218.04k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 July 2015 Not submitted
Accounts and TAR 31 July 2015 Not submitted
Annual return 31 July 2014 Not submitted
Accounts and TAR 31 July 2014 Not submitted
Annual return 31 July 2013 23 April 2014 On time
Accounts and TAR 31 July 2013 09 December 2013 On time
Annual return 31 July 2012 03 January 2013 On time
Accounts and TAR 31 July 2012 05 December 2012 On time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CONSTITUTION ADOPTED 07/07/2010

Charitable objects

1 PROMOTING THE INTERESTS AND WELFARE OF STUDENTS AT THE UNIVERSITY OF HULL DURING THEIR COURSE OF STUDY AND REPRESENTING, SUPPORTING AND ADVISING STUDENTS 2 BEING THE RECOGNISED REPRESENTATIVE CHANNEL BETWEEN STUDENTS AND THE UNIVERSITY OF HULL AND ANY OTHER EXTERNAL BODIES; AND 3 PROVIDING SOCIAL, CULTURAL, SPORTING AND RECREATIONAL ACTIVITIES AND FORUMS FOR DISCUSSIONS AND DEBATE FOR THE PERSONAL DEVELOPMENT OF ITS STUDENTS