Charity overview

Activities - how the charity spends its money

Liverpool John Moores University Students' Union exists to help all of our members love student life. We do this through running sports, clubs, societies and events; campaigning with and on behalf of students; and offering support, advice and information. We want our students to have the best academic and social experience Liverpool can offer.

Income and expenditure

Data for financial year ending 31 July 2023

Total income:
£4,381,973

	Donations and legacies	£1.90m
	Charitable activities	£35.17k
	Other trading activities	£94.72k
	Investments	£0
	Other	£2.35m

Total expenditure:
£1,560,176

	Raising funds	£69.98k
	Charitable activities	£1.49m
	Other	£0

£0 investments gains (losses)

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.

	Raising funds and other expenditure	£69.98k
	Charitable expenditure	£1.49m
	Retained for future use	£2.82m

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity for another benefit.

What, who, how, where

What the charity does:

General Charitable Purposes
Education/training
Disability
Accommodation/housing
Arts/culture/heritage/science
Amateur Sport
Environment/conservation/heritage
Economic/community Development/employment
Human Rights/religious Or Racial Harmony/equality Or Diversity
Recreation
Other Charitable Purposes

Who the charity helps:

Other Defined Groups

How the charity helps:

Provides Other Finance
Provides Buildings/facilities/open Space
Provides Services
Provides Advocacy/advice/information
Sponsors Or Undertakes Research
Other Charitable Activities

Where the charity operates:

Liverpool City

Governance

Registration history:

05 July 2011: Standard registration
03 July 2024: Removed (Funds transferred (incor))
03 July 2024: Funds transferred to 1202881 LIVERPOOL JOHN MOORES UNIVERSITY STUDENTS' UNION

Organisation type:

Other

Other names:

JMSU (Working name)
LIVERPOOL STUDENT UNION (Previous name)
LSU (Previous name)

Gift aid:

Not recognised by HMRC for gift aid

Other regulators:

No information available

Policies:

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Land and property:

This charity does not own and/or lease land or property

Financial history

Financial period end date

Income / Expenditure	31/07/2019	31/07/2020	31/07/2021	31/07/2022	31/07/2023
Total gross income	£1.49m	£1.31m	£1.17m	£1.48m	£4.38m
Total expenditure	£1.35m	£1.08m	£920.84k	£1.22m	£1.56m
Income from government contracts	N/A	N/A	N/A	N/A	N/A
Income from government grants	N/A	N/A	£9.06k	N/A	N/A
Income - Donations and legacies	£1.16m	£1.05m	£1.08m	£1.28m	£1.90m
Income - Other trading activities	£191.49k	£176.02k	£52.00k	£119.26k	£94.72k
Income - Charitable activities	£140.82k	£81.23k	£45.27k	£78.78k	£35.17k
Income - Endowments	£0	£0	£0	£0	£0
Income - Investment	£12	£0	£0	£0	£0
Income - Other	£0	£0	£0	£0	£2.35m
Income - Legacies	£0	£0	£0	£0	£0
Expenditure - Charitable activities	£1.17m	£993.89k	£834.99k	£1.13m	£1.49m
Expenditure - Raising funds	£103.17k	£88.58k	£85.84k	£89.89k	£69.98k
Expenditure - Governance	£5.40k	£3.39k	£101	£3.43k	£30.48k
Expenditure - Grants institution	£0	£0	£0	£0	£0
Expenditure - Investment management	£0	£0	£0	£0	£0
Expenditure - Other	£75.10k	£0	£0	£0	£0

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.

Asset / Liability	31/07/2019	31/07/2020	31/07/2021	31/07/2022	31/07/2023
Own use assets	£17.60k	£7.83k	£1.72k	£0	£0
Long-term investments	£0	£0	£0	£0	£0
Other assets	£450.26k	£514.26k	£524.45k	£599.85k	£0
Defined benefit pension scheme asset or liability	-£2.83m	-£3.80m	-£3.56m	-£3.16m	£0
Total liabilities	£190.04k	£382.43k	£378.34k	£192.56k	£0

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
Annual return	31 July 2023	26 February 2024	On Time
Accounts and TAR	31 July 2023	26 February 2024	On Time
Annual return	31 July 2022	13 April 2023	On Time
Accounts and TAR	31 July 2022	13 April 2023	On Time
Annual return	31 July 2021	11 April 2022	On Time
Accounts and TAR	31 July 2021	11 April 2022	On Time
Annual return	31 July 2020	19 April 2021	On Time
Accounts and TAR	31 July 2020	19 April 2021	On Time
Annual return	31 July 2019	16 April 2020	On Time
Accounts and TAR	31 July 2019	16 April 2020	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 01/07/2009 AS AMENDED ON 26/05/2011 AS AMENDED ON 28/03/2013 AS AMENDED ON 25/07/2013 AS AMENDED ON 21 NOV 2016 as amended on 07 Aug 2018 as amended on 07 Aug 2018 as amended on 10 Nov 2022 as amended on 27 Apr 2023

Charitable objects

TO ADVANCE THE EDUCATION OF STUDENTS AT LIVERPOOL JOHN MOORES UNIVERSITY (LJMU) BY: ? REPRESENTING, SUPPORTING AND ADVISING STUDENTS AT LJMU AND PROMOTING THEIR INTERESTS AND WELFARE ? BEING THE RECOGNISED REPRESENTATIVE CHANNEL BETWEEN STUDENTS AND LJMU, AND ANY OTHER EXTERNAL BODIES ? PROVIDING SOCIAL, CULTURAL, SPORTING AND RECREATIONAL ACTIVITIES AND FORUMS FOR DISCUSSIONS AND DEBATE FOR STUDENTS’ PERSONAL DEVELOPMENT

LIVERPOOL JOHN MOORES UNIVERSITY STUDENTS' UNION