SWANSEA UNIVERSITY STUDENTS’ 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

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustee's / director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. SWANSEA UNIVERSITY STUDENTS’ UNION · parent
   1. SUSU Trading Limited 100% · England & Wales · undertakes certain trading activities on behalf of the Union.

Significant events

• “Governance Review following Incorporation on 1st September 2023, revised Articles approved March 2025.”
• “Concluded 3-year Strategic Plan, achieving 77% of objectives and 91% partly achieved.”
• “New 2025-2028 Strategic Plan developed with 135 objectives, 30 identified as Key Objectives.”
• “Successful and participatory Elections 2025 for 6 Full Time and 10 Part Time Officer roles, with 20,149 votes from 3,533 unique student voters.”
• “Comprehensive Officer Handover, Induction and Training programme delivered over summer 2025.”
• “Engaging 'Arrival, Welcome and Freshers' programme in September 2024, including Freshers Fayre with over 150 student societies and clubs.”
• “January Welcome and Refreshers programme for students starting courses in January 2025.”
• “Welsh Varsity sporting event on 9th April (Cardiff), with 1,500 sportspersons and over 12,000 spectators.”
• “Union's fundraising societies raised over £15,000 for various charities.”
• “Union supported students protesting geo-political conflicts and controversial gender identity issues, ensuring safe spaces.”
• “Advice and Support Centre (ASC) provided in-person and virtual support to 829 students, managing 927 cases, with 75.38% academic related.”
• “Union's nursery on Singleton Campus continued to provide affordable childcare for 38 children.”
• “Medr funded Student Health and Wellbeing Programme delivered 8 projects to support students in cost-of-living crisis.”
• “Union continued to invest in staff development and wellbeing, including Mental Health First Aid training.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  -2.3%

  £5,927,945 → £5,790,723

• Cash

  +20.9%

  £1,491,577 → £1,803,220

• Net assets

  +71.4%

  -£374,821 → -£107,379

• Employees

  -8.2%

  61 → 56

• Operating profit

  -0.3%

  £268,280 → £267,442

• Profit before tax

  -0.3%

  £268,280 → £267,442

• Wages

  +4%

  £1,557,697 → £1,620,038

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