The Union made a small deficit of £23,436 which was slightly more than the budgeted deficit set at the start of the year of £14,300.

The increase in the block grant funding from the University was 3% and the trading areas contribution saw an increase of 41%.

The Union has had a very interesting financial year due to the opening of the new student village at the Frenchay campus

The Union has not had such a successful year in financial terms, posting a small loss of £22,558 after eight years of making surpluses.

Overall in the year ended the 31st July 2005 the Union's turnover has increased by 3.0% to £3.5 million and the Union made a surplus in this year of £57,626.