GREENWICH STUDENTS UNION LTD

Charity number: 1149394
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Union's objects are the advancement of education of Students at The University by:- Promoting the interests and welfare of students at the University during their course of study and representing, supporting and advising Students. Providing social, cultural, sporting and recreational activities. Being the recognised representative channel between students and the University

Income and expenditure

Data for financial year ending 31 July 2023

Total income:
£4,728,115

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Donations and legacies £3.15m
Charitable activities £1.58m
Other trading activities £0
Investments £0
Other £0

Total expenditure:
£4,464,542

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Raising funds £0
Charitable activities £4.46m
Other £0

£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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £4.46m
Retained for future use £263.57k

People

52 Employee(s)

12 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1

Fundraising

No information available

Trading

This charity does not have any trading 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:
  • Education/training
Who the charity helps:
  • Children/young People
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Acts As An Umbrella Or Resource Body
  • Other Charitable Activities
Where the charity operates:
  • Greenwich
  • Medway

Governance

Registration history:
  • 19 October 2012: Standard registration
Organisation type:
Charitable company
Other names:
  • STUDENTS UNION UNIVERSITY OF GREENWICH (Previous name)
Company number:
07990838 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Financial Conduct Authority
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Trustee conflicts of interest 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

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Emma Bryan Chair 09 April 2024
None on record
Ameen Chowdhury Trustee 01 July 2024
None on record
Amrutha Gullapalli Trustee 01 July 2024
None on record
Ilie Taralunga Trustee 19 June 2024
None on record
Aymen El Morabet Trustee 19 June 2024
None on record
Floyd Derek Martin Scott Macdonald Trustee 06 February 2024
None on record
Benjamin Howard Hunt Trustee 07 November 2023
None on record
Mateusz Jan Pudlak Trustee 19 July 2023
None on record
MD Aminul Islam Trustee 19 June 2023
None on record
Sodiq Ayobami Lawal Trustee 19 June 2023
None on record
Kevin Gary HALL Trustee 30 March 2021
None on record
PAUL GARETH BUTLER Trustee 26 January 2016
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 £3.23m £2.84m £2.61m £4.09m £4.73m
Total expenditure £2.97m £2.64m £2.45m £3.81m £4.46m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £103.74k £113.18k N/A N/A
Income - Donations and legacies £1.98m £1.72m £1.80m £2.72m £3.15m
Income - Other trading activities £884.22k £823.46k £380.19k £0 £0
Income - Charitable activities £348.76k £175.89k £330.50k £1.37m £1.58m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £376 £578 £14 £0 £0
Income - Other £16.23k £116.04k £99.31k £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.38m £1.14m £1.47m £3.81m £4.46m
Expenditure - Raising funds £1.22m £1.50m £977.15k £0 £0
Expenditure - Governance £14.06k £12.09k £12.39k £0 £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £368.93k £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.

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Asset / Liability 31/07/2019 31/07/2020 31/07/2021 31/07/2022 31/07/2023
Own use assets £364.30k £238.61k £150.55k £132.53k £57.99k
Long-term investments £0 £0 £0 £0 £0
Other assets £414.32k £601.59k £910.62k £1.55m £1.50m
Defined benefit pension scheme asset or liability -£1.22m -£1.62m -£1.55m -£1.23m -£1.18m
Total liabilities £353.98k £308.73k £477.29k £939.75k £689.70k

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 23 May 2024 On Time
Accounts and TAR 31 July 2023 23 May 2024 On Time Download Open in new window
Annual return 31 July 2022 22 May 2023 On Time
Accounts and TAR 31 July 2022 22 May 2023 On Time Download Open in new window
Annual return 31 July 2021 09 June 2022 9 days late
Accounts and TAR 31 July 2021 09 June 2022 9 days late Download Open in new window
Annual return 31 July 2020 28 May 2021 On Time
Accounts and TAR 31 July 2020 28 May 2021 On Time Download Open in new window
Annual return 31 July 2019 31 May 2020 On Time
Accounts and TAR 31 July 2019 31 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.

MEMORANDUM AND ARTICLES INCORPORATED 14 MAR 2012 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 04 OCT 2018

Charitable objects

THE UNIONS OBJECTS ARE THE ADVANCEMENT OF EDUCATION OF STUDENTS AT THE UNIVERSITY FOR THE PUBLIC BENEFIT BY:- 1) PROMOTING THE INTERESTS AND WELFARE OF STUDENTS AT THE UNIVERSITY DURING THEIR COURSE OF STUDY AND REPRESENTING, SUPPORTING AND ADVISING STUDENTS. 2) PROVIDING SOCIAL, CULTURAL, SPORTING AND RECREATIONAL ACTIVITIES, AND FORUMS FOR DISCUSSIONS AND DEBATE FOR THE PERSONAL DEVELOPMENT OF ITS STUDENTS. 3) BEING THE RECOGNISED REPRESENTATIVE CHANNEL BETWEEN STUDENTS AND THE UNIVERSITY AND ANY OTHER EXTERNAL BODIES.

Contact information

Address:
GREENWICH STUDENTS' UNION
DREADNOUGHT BUILDING
30 PARK ROW
GREENWICH
LONDON
SE10 9LS
Phone:
02083318593
Email:
suwebsite@gre.ac.uk
Website:

greenwichsu.co.uk