Finance Score: -7

Governance Score: 1

Support Score: 6

Deficit on unrestricted reserves: -2
Pension deficit: -5

No volunteer policy: -2
Good trustee age range: +3

Large volunteers +3
Gov Income
Overall weighted support: +3

Overall GiG Score: 0

SOUTH BANK STUDENTS' UNION LTD

Promoting the interests and welfare of Students at London South Bank University during their course of study and representing, supporting and advising Students as the channel between Students and the University Providing social, cultural, sporting and recreational activities and forums for discussions and debate for the personal development of its Students.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received Government grants
This charity has an endowment fund which generates much of its income
The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
Although this charity works with volunteers it does not have a Volunteer Management policy

Financial issues to consider:

There was a deficit on unrestricted reserves of £1,175,913 at the last year end after deducting the value of own use assets
There is a pension deficit of £1,748,750

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/07/23		£1,331	£1,266	£65	£27	£-1,176	£-1,176	-11.1	26	600
31/07/22		£1,286	£1,264	£22	£31	£-986	£-986	-9.4	24	600

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 10%
Liabilities/Income: 5%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: -11.1 months
Net Current Assets/Spending: 5 months
Quick Ratio: 8.1

Asset Split ?

Balance Sheet History

Established: 3 years

https://www.lsbsu.org/

hello@southbank.su

02078156060

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

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

Southwark,

Who it helps

Other Defined Groups

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

Age Range of Trustees: 23-47

ABDUR RAHMAN TANIM Appointed: 2024, Occupation: Sabbatical Officer

BENJAMIN ARTHUR CHARLES HUDSON Appointed: 2021, Occupation: Business Person

CHARLOTTE MAY ADAMS Appointed: 2023, Occupation: Sabbatical Officer

GEORGINA FIRMIN Appointed: 2023, Occupation: Commercial Director

JESSICA ALFERT Appointed: 2024, Occupation: Management Consultant

MARK DUNWELL Appointed: 2021

RAHI ALAM Appointed: 2024, Occupation: Sabbatical Officer

SHAH MD EMDADUL ISLAM Appointed: 2023, Occupation: Sabbatical Officer

Legal constitution

Charitable company registered in England & Wales on 18/05/2021, number: 1194509
Registered at Companies House on 23/04/2021, number: 13353590

Gift Aid

NOT registered with HMRC for Gift Aid

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
Internal charity financial controls policy and procedures
Internal risk management 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

Filing Record

2 returns made; all on time

Recent reorganisation events:

Asset transfer in from LONDON SOUTH BANK UNIVERSITY STUDENTS' UNION on 27/01/2023

Main office

Student Centre
SOUTH BANK UNIVERSITY
103 BOROUGH ROAD
ELEPHANT AND CASTLE
LONDON
SE1 0AA

Objectives

THE OBJECTS OF THE UNION ARE THE ADVANCEMENT OF EDUCATION OF STUDENTS AT LONDON SOUTH BANK UNIVERSITY FOR THE PUBLIC BENEFIT BY:2.1 PROMOTING THE INTERESTS AND WELFARE OF STUDENTS AT LONDON SOUTH BANK UNIVERSITY DURING THEIR COURSE OF STUDY AND REPRESENTING, SUPPORTING AND ADVISING STUDENTS2.2 BEING THE RECOGNISED REPRESENTATIVE CHANNEL BETWEEN STUDENTS AND LONDON SOUTH BANK UNIVERSITY AND ANY OTHER EXTERNAL BODIES; AND2.3 PROVIDING SOCIAL, CULTURAL, SPORTING AND RECREATIONAL ACTIVITIES AND FORUMS FOR DISCUSSIONS AND DEBATE FOR THE PERSONAL DEVELOPMENT OF ITS STUDENTS

Data Sources

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