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Accounts 2004-05
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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.
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The following is a summary from the
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UWESU Financial Statements 2004-05
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The Union now has reserves of £452,928 of which £293,000 is specifically reserved for replacement and improvement of the capital assets of the Union.
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The Union has sufficient cash reserves and positive current assets and is thus on a sound financial footing to meet the needs of its members in the future.
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The breakdown of the accounts into Turnover, Income Contributions and Expenditure are shown in the pie charts.
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The accounts were audited by Solomon Hare and they have agreed that the accounts give a true and fair view of the Union's affairs.
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Turnover
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Income Contributions
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Expenditure
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Download the full report
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