LEEDS UNIVERSITY UNION

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The ongoing financial support from the University of Leeds enables LUU to sustain its activities and provide for the student experience. From 2024-25 the annual block grant was increased by the University by £0.6m, to £4.7m, with an annual inflationary uplift thereafter. LUU is grateful to the University of Leeds for this support, for which it is reliant to enable it to meet its charitable objects. When considered alongside a strong cash position and free reserves levels, this positive relationship provides comfort to the Trustees over going concern.”

Significant events

• “The June 2025 Leeds Ball event was a brilliant event which sold out and attracted around 4,750 students.”
• “After a slow recovery post-Covid, our Bars, Events & Venues saw trading improve during 2024/25, exceeding both budget and forecast as the year progressed and delivering a contribution of £585k (2024: £431k).”
• “During the year a Cyber-attack on the Co-op led to reduced availability in stores and a drop in trading.”
• “LUU delivered an Alignment project during the year; the outcome of this significant project is a revised organisational structure with a smaller Senior Leadership team, and a new pay grade structure which enables clear progression for our staff.”
• “Indirectly, the impact of campus unrest as a result of ongoing international tensions around the middle east continued to take a toll on the resources of LUU, with increased numbers of students leaning on the Union to provide advice, support and guidance.”
• “In July 2024 we received £203k in project funding to undertake an IT Workspace Migration project which will enable LUU to transition away from the University's Microsoft environment to one of its own. That income was recognised in 2023-24. The project took longer than anticipated to action and the funds remained unspent at 31st July 2025 and are therefore carried forward in restricted funds. Since year-end, the project has been delivered and the - funding will be released in full during 2025-26.”
• “At the end of the year we undertook a review of the Fixed Asset Register and wrote off assets with an original cost value of £3,493k which are deemed to be no longer in use. These assets had a net book value of £nil.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

6

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +4.8%

  £14,582,000 → £15,279,000

• Cash

  -30.6%

  £3,414,000 → £2,370,000

• Net assets

  +5.9%

  £3,628,000 → £3,842,000

• Employees

  -6.8%

  528 → 492

• Profit before tax

  +37.2%

  £156,000 → £214,000

• Wages

  +5.2%

  £6,760,000 → £7,110,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers