UNIVERSITY OF ESSEX STUDENTS' UNION

Charity number: 1140278
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Taking care of the educational and social aspects of students life at the University of Essex. Working with local and regional groups to promote the excellent volunteering work that students carry out. encouraging health and well being through the coordination of a number of sporting and recreational activities.

Income and expenditure

Data for financial year ending 31 July 2023

Total income:
£8,767,705

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Donations and legacies £3.28m
Charitable activities £5.43m
Other trading activities £25.62k
Investments £19.61k
Other £6.18k

Total expenditure:
£8,407,817

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Raising funds £0
Charitable activities £8.40m
Other £6.56k

£0 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 £6.56k
Charitable expenditure £8.40m
Retained for future use £359.89k

People

300 Employee(s)

16 Trustee(s)

1468 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£70k to £80k 2
£90k to £100k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Amateur Sport
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Essex

Governance

Registration history:
  • 08 February 2011: Standard registration
Organisation type:
Other
Other names:
  • UOESU (Working 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
  • 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

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

16 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Lily-May Eileen Cameron Chair 12 October 2021
None on record
Simran Kshirsagar Trustee 23 January 2025
None on record
Sarah Adenaike Trustee 23 January 2025
None on record
Abdulaziz Shaikh Trustee 23 January 2025
None on record
Alexander Christopher Davison Trustee 23 January 2025
None on record
Luca Stuart Gugolz Trustee 23 January 2025
None on record
Benjamin Louie Bragg Trustee 23 January 2025
None on record
Yury Karutin Trustee 01 August 2024
None on record
Guilherme Banari Trustee 01 July 2024
None on record
Ian Lau Trustee 01 July 2024
None on record
Susannah Eiden Trustee 08 January 2024
None on record
Charlotte Turnbull Trustee 01 August 2023
None on record
Oluwanifemi Oluwadamilola Wilson-Adu Trustee 01 July 2023
None on record
Joseph William Holmes Trustee 01 July 2023
None on record
Marium Masroor Trustee 01 July 2023
None on record
Chantel Louise Le Carpentier Trustee 01 November 2021
None on record

Financial history

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Financial period end date

Income / Expenditure 31/07/2019 31/07/2020 31/07/2021 31/07/2022 31/07/2023
Total gross income £9.74m £8.29m £5.08m £7.86m £8.77m
Total expenditure £10.33m £7.80m £4.99m £8.41m £8.41m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £606.52k £715.08k £18.08k N/A
Income - Donations and legacies £2.72m £3.27m £3.78m £3.04m £3.28m
Income - Other trading activities £34.29k £27.64k £11.59k £20.43k £25.62k
Income - Charitable activities £6.95m £4.97m £1.19m £4.74m £5.43m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £303 £146 £0 £21 £19.61k
Income - Other £45.16k £29.41k £101.41k £58.89k £6.18k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £10.33m £7.80m £4.98m £8.41m £8.40m
Expenditure - Raising funds £868 £334 £0 £0 £0
Expenditure - Governance £44.44k £36.54k £38.30k £46.84k £54.61k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £8.17k £3.33k £6.56k

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 31/07/2019 31/07/2020 31/07/2021 31/07/2022 31/07/2023
Own use assets £314.96k £364.91k £261.57k £369.21k £417.20k
Long-term investments £0 £0 £0 £0 £0
Other assets £1.94m £1.64m £1.85m £2.11m £2.21m
Defined benefit pension scheme asset or liability -£1.05m -£566.72k -£539.01k -£1.01m -£847.62k
Total liabilities £1.10m £835.09k £879.73k £1.33m £1.28m

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 2023 25 April 2024 On Time
Accounts and TAR 31 July 2023 25 April 2024 On Time Download Open in new window
Annual return 31 July 2022 12 April 2023 On Time
Accounts and TAR 31 July 2022 12 April 2023 On Time Download Open in new window
Annual return 31 July 2021 31 March 2022 On Time
Accounts and TAR 31 July 2021 31 March 2022 On Time Download Open in new window
Annual return 31 July 2020 08 April 2021 On Time
Accounts and TAR 31 July 2020 08 April 2021 On Time Download Open in new window
Annual return 31 July 2019 27 May 2020 On Time
Accounts and TAR 31 July 2019 27 May 2020 On Time Download Open in new window
Submit annual return Open in new window

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 25 JANUARY 2011

Charitable objects

THE UNION'S OBJECTS ARE THE ADVANCEMENT OF EDUCATION OF STUDENTS AT UNIVERSITY OF ESSEX FOR THE PUBLIC BENEFIT BY: 1. PROMOTING THE INTERESTS AND WELFARE OF STUDENTS AT UNIVERSITY OF ESSEX DURING THEIR COURSE OF STUDY AND REPRESENTING, SUPPORTING AND ADVISING STUDENTS; 2. BEING THE RECOGNISED REPRESENTATIVE CHANNEL BETWEEN STUDENTS AND UNIVERSITY O ESSEX 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.

Area of benefit

The area the charity can operate in, as set out in its governing document.

ESSEX

Contact information

Address:
UNIVERSITY OF ESSEX STUDENTS'UNION
WIVENHOE PARK
COLCHESTER
CO4 3SQ
Phone:
01206863211
Email:
su@essex.ac.uk
Website:

www.essexstudent.com Open in new window