Finance Score: 3
Governance Score: 9
Support Score: 3
  • Good reserves management: +3
  • Pension deficit: -3
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 15 ?

READING UNIVERSITY STUDENTS' UNION 

THE UNION'S OBJECTS ARE THE ADVANCEMENT OF EDUCATION OF STUDENTS AT THE UNIVERSITY OF READING.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants
  • Reserves management has been consistently within official guidelines
  • There have been no material income shortfalls in recent years
  • Fundraising costs are low relative to funds raised
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • There is a pension deficit of £1,343,241

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/07/23£5,110£5,179£-69£171£1,740£1,4093.3145185
31/07/22£5,076£4,666£410£225£1,642£1,3213.4141182
31/07/21£3,416£3,092£324£369£1,270£1,2564.9123279
31/07/20£4,382£4,940£-558£499£946£1,9274.7153298
31/07/19*£5,414£5,184£231£589£1,504£1,6163.7179135
31/07/18£5,430£4,966£465£515£1,274£1,2663.1720
31/07/17£6,515£6,253£263£370£809£7751.5800
31/07/16£6,042£5,777£265£35£546£5451.12150
31/07/15£5,497£5,150£347£174£1,428£1,4253.31990

Financial Ratios
Fundraising Costs/Relevant Income: 5.6%
Fundraising Costs/Total Spending: 3.3%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 19%
Liabilities/Income: 14%
Unrestricted Funds/Total Funds: 81%
Reserves/Spending: 3.3 months
Net Current Assets/Spending: 6 months
Quick Ratio: 5.8
Asset Split ?
Established: 10 years

www.rusu.co.uk

enquiries@rusu.co.uk

01183784100

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Social youth organisations
How it operates
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Reading,
Who it helps
  • The General Public/Mankind
Who works here?
  • 145 employees
  • 185 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)
Current Trustees appointed
Gender Split
Based on 9/10 persons

Age Range of Trustees: 21-60
Legal constitution
  • Charitable company registered in England & Wales on 10/09/2014, number: 1158523
  • Registered at Companies House on 10/01/2014, number: 08840709
Gift Aid
  • NOT registered with HMRC for Gift Aid
Other Regulators
  • Ofsted (Office For Standards In Education)
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
9 returns made; AR19: 10 days late,
Main office

READING UNIVERSITY STUDENTS' UNION
WHITEKNIGHTS CAMPUS
PEPPER LANE
READING
BERKSHIRE
RG6 6EH

Objectives

THE UNION'S OBJECTS ARE THE ADVANCEMENT OF EDUCATION OF STUDENTS AT THE UNIVERSITY OF READING FOR THE PUBLIC BENEFIT BY:3.1 PROMOTING THE INTERESTS AND WELFARE OF STUDENTS AT THE UNIVERSITY OF READINGDURING THEIR COURSE OF STUDY AND REPRESENTING, SUPPORTING AND ADVISINGSTUDENTS;3.2 BEING THE RECOGNISED REPRESENTATIVE CHANNEL BETWEEN STUDENTS AND THEUNIVERSITY OF READING AND ANY OTHER EXTERNAL BODIES; AND3.3 PROVIDING SOCIAL, CULTURAL, SPORTING AND RECREATIONAL ACTIVITIES AND FORUMS FORDISCUSSIONS AND DEBATE FOR THE PERSONAL DEVELOPMENT OF ITS STUDENTS.

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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