UNIVERSITY OF STRATHCLYDE STUDENTS' ASSOCIATION

• ◆

  9 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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The accounts have been prepared on a going concern basis. Cash reserves continue to be healthy with cash levels at £1.5m at the end of the financial year (2024: £1.4m), however, the balance sheet remains adversely affected due to the SUSS pension scheme liabilities. The going concern basis is appropriate with the support of continued funding from the University of Strathclyde, which has been agreed until at least December 2026, covering both the 25/26 and 26/27 block grants.”

Significant events

• “successful launch of Jamie's Pantry providing food and toiletries to students through weekly bookable slots.”
• “students and societies continued to organise events, campaign and fundraise for a variety of humanitarian issues throughout the year including Support for Palestine, Movember, Black History Month, Gender based violence and LGBTQ+ History Month.”
• “continued engagement with Union reps and the establishment of a Trans Solidarity Staff Network and sharing of resources and best practice with other Student Unions.”
• “further progress made in a number of key areas; improving representation across all areas, skills and development days, further development of Personal Circumstances procedure and development of a new policy to allow flexibility in classes and exams for religious/cultural observance, securing Palestine Scholarships, development of a University Ethical Investment Policy, developing sports outreach and a Global Village Day.”
• “Union established a campus living room in the Student Union providing a space for all students to relax and connect with peers during non teaching periods.”
• “Strath Union was up for Best Students' Union at the WhatUni? Student Choice Awards. Strath Union came seventh in the UK (down from 4th) but continue to be rated the top Union in Scotland for the fourth year in a row which highlights the consistency of delivery across all aspects of the Union's activities.”
• “Strath Union was awarded the "Best Specialist Entertainment Venue", a prestigious category within the Best Bar None (BBN) Glasgow Awards, an annual initiative run by Glasgow City Council since 2005.”

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

9

last 12 months

Officers resigned

9

last 12 months

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

• Turnover

  -16.7%

  £1,830,821 → £1,524,329

• Cash

  +8.7%

  £1,394,608 → £1,516,506

• Net assets

  +16%

  £246,946 → £286,377

• Employees

  -2.4%

  123 → 120

• Wages

  0%

  £1,925,339 → £1,925,769

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