Finance Score: -7

Governance Score: -1

Support Score: 3

Poor Liquidity: -1
Spending falling: -1
Volatile income: -3
Fundraising costs high: -2

No conflicts policy: -1

Gov Income
Grant maker support: +3

Overall GiG Score: -5

GOLDSMITHS STUDENTS' UNION

Goldsmiths Students' Union is a democratic and charitable organisation that works independently from Goldsmiths, University of London to represent and support students. With four Full-Time Officers that help steer the union as representatives and trustees, and numerous Part-Time representative positions that help direct how the SU is organised, we aim to be as democratic and student-led as we can.

Analysis by Giving is Great

Positives:

The charity has received Government grants
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
This charity does not have a Conflict of Interests policy

Financial issues to consider:

This Charity has changed registration and some of the financial and donation history pertains to the previous entity
Liquidity appears to have been slender at the latest year end
There has been a change of accounting period recently, so trends may be hard to determine
Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile recently
Fundraising costs are high relative to funds raised

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

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
31/07/22?	*	£2,237	£2,042	£195	£413	£338	£289	1.7	65	0
31/07/20		£2,745	£2,729	£16	£488	£143	£97	0.4	101	239
31/07/19		£2,868	£2,831	£37	£477	£127	£86	0.4	84	0
31/07/18		£2,827	£2,817	£10	£506	£89	£57	0.2	90	1,750
31/07/17		£2,126	£2,348	£-222	£416	£80	£57	0.3	72	600
31/07/16	*	£2,201	£2,291	£-90	£412	£302	£254	1.3	74	650
31/07/15	*	£1,902	£1,848	£54	£442	£395	£340	2.2	16	0
31/07/14	*	£1,939	£1,875	£64	£400	£341	£280	1.8	80	0

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Financial Ratios

Fundraising Costs/Relevant Income: 22.5%
Fundraising Costs/Total Spending: 20.2%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 34%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 86%
Reserves/Spending: 1.7 months
Net Current Assets/Spending: 2 months
Quick Ratio: 2.3

Asset Split ?

Established: 3 years

https://www.goldsmithssu.org/

welcome@goldsmithssu.org

02077172511

Charity Commission for England and Wales

Tweets

Listed activities

Amateur Sport
Education/Training
Recreation

GiG Classification

Social youth organisations

How it operates

Acts as an umbrella or resource body
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Lewisham,

Who it helps

Children/Young People

Who works here?

65 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

GAMMORAH GIBSON Appointed: 2023

KOFI SIAW Appointed: 2023

LEVANTE BAUER Appointed: 2023

NOUR MATAR Appointed: 2023

ISABELLE LILY TARRAN Appointed: 2023

LUCA DI MAMBRO MOOR Appointed: 2023

VICTORIA MU ZHEN CHWA Appointed: 2022

STEPHEN WILLIAM SPENCER NORTON Appointed: 2020, Occupation: Consultant, Other trusteeships: NORTH SURREY GROUP SCOPE, ENGLISH SPEAKING BOARD (INTERNATIONAL) LIMITED, ENHANCEABLE, SPEAKERS' CORNER TRUST, VILLIERS PARK EDUCATIONAL TRUST, DEAF UNITY,

Legal constitution

Charity registered in England & Wales on 08/06/2021, number: 1194727

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

There are no Policies registered with the Charities Commission

Filing Record

8 returns made; AR22: 6 days late, AR16: 63 days late, AR15: 25 days late, AR14: 23 days late,

Recent reorganisation events:

Asset transfer in from GOLDSMITHS STUDENTS' UNION on 23/11/2021

Main office

GOLDSMITHS STUDENTS' UNION
DIXON ROAD
NEW CROSS
LONDON
SE14 6NW

Objectives

THE OBJECTS OF THE UNION ARE THE ADVANCEMENT OF EDUCATION OF STUDENTS AT GOLDSMITHS? COLLEGE FOR THE PUBLIC BENEFIT BY:3.1 PROVIDING OPPORTUNITIES FOR THE EXPRESSION OF STUDENT OPINION AND ACTIVELY REPRESENTING THE INTEREST OF STUDENTS; 3.2 ACTING AS A CHANNEL OF COMMUNICATION IN DEALING WITH GOLDSMITHS? COLLEGE AND OTHER EXTERNAL BODIES; 3.3 PROMOTING THE WELFARE OF STUDENTS AT GOLDSMITHS? COLLEGE; 3.4 FACILITATING THE SOCIAL, RECREATIONAL, CULTURAL, SPORTING AND EDUCATIONAL INTERESTS OF ITS MEMBERSHIP, THROUGH PROVIDING SERVICES AND SUPPORT FOR ITS MEMBERS; AND 3.5 WORKING WITH OTHER STUDENTS? UNIONS AND AFFILIATED BODIES.

Data Sources