LANCASTER UNIVERSITY STUDENTS' UNION

• ◆

  6 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

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have reviewed the future income and expenditure and cash flow forecasts and have assessed that the Charity and Group are considered to be a going concern based on the above.”

Group structure

1. LANCASTER UNIVERSITY STUDENTS' UNION · parent
   1. LUSU Services Company Limited 100% · England · to provide services for our members and raise income
   2. LUSU Housing Limited 100% · England · to provide services for our members and raise income (housing)

Significant events

• “Restructure of Full Time Officer roles, reducing number from six to four.”
• “Closing the LUSU Shop (detailed later in this report).”
• “Lancaster won Roses Champions 2025, marking four consecutive victories.”
• “Launch of the student sport pass model, driving income for the university.”
• “Societies Access Fund granted funding requests of up to £200 to more than 60 students.”
• “Welcome Week 2024 was a major success, with 335 Welcome Reps trained.”
• “LUSU Green delivered 47 events, engaged 1175 students, and planted 600+ trees.”
• “Secured a five-year contract with Dominos with a 30% increase in sponsorship monies.”
• “LUSU Club Lottery launched on the 6th June.”
• “Welcomed 353 students to Lancaster University and moved them into one of our homes in September 2024.”
• “LUSU Shop closed its doors on 31st July 2025.”
• “Advice service saw an 11% decrease in case numbers for 2024-2025 compared to 2023-2024.”
• “Events Team supported 32 student groups, 4 University Open Days, a Students' Union presence at the UK University Search Fair and 27 Farmers Markets.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

7

last 12 months

Officers resigned

6

last 12 months

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

• Turnover

  -4.4%

  £2,976,245 → £2,843,934

• Cash

  -10.3%

  £1,351,406 → £1,212,716

• Net assets

  -6%

  £1,733,849 → £1,630,106

• Employees

  +6.1%

  33 → 35

• Operating profit

  +35.8%

  -£170,371 → -£109,321

• Profit before tax

  +37.5%

  -£165,939 → -£103,743

• Wages

  +0.7%

  £1,236,616 → £1,245,629

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