UNIVERSITIES UK
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Financial health, per its FY2025 accounts
The accounts state that the group reported a consolidated deficit of £721,000 for the year ended 31 July 2025, primarily due to a £934,000 transfer to UCEA for USS governance review and lower restricted income. Per the trustees' report, free reserves under SORP were £3,763,000, which the trustees consider sufficient to meet current commitments given the nature of the organisation's risks.
What the accounts disclose
“The number of employees whose emoluments exceeded £60,000 (excluding employer’s pension contributions) was 43 (2024: 41).” — page 41
“Accordingly, the current target of four to six months of unrestricted expenditure is deemed appropriate”
“Covenanted income receivable during the year from CVCP Properties plc was £732,960 (2024: £628,650). Other transactions with CVCP Properties plc are included in note 24.”
“Covenanted income receivable during the year from Woburn House Conference Centre was £593,072 (2024: £633,540).” — page 35
“Covenanted income receivable during the year from CVCP Properties plc was £732,960 (2024: £628,650). Other transactions with CVCP Properties plc are included in note 24.”
“Covenanted income receivable during the year from Woburn House Conference Centre was £593,072 (2024: £633,540).” — page 35
“Covenanted income receivable during the year from CVCP Properties plc was £732,960 (2024: £628,650). Other transactions with CVCP Properties plc are included in note 24.”
“Covenanted income receivable during the year from Woburn House Conference Centre was £593,072 (2024: £633,540).” — page 35
Year-over-year changes
- Employees paid over £60,000: 41 (FY2024) → 43 (FY2025).
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Corporate structure
- Registered company of the charity Companies House 02517018
- Trading subsidiary: WOBURN HOUSE CONFERENCE CENTRE LIMITED Companies House 03031467
- Turnover: £1.6m
- Profit before tax: £622k
- Donated/gift-aided to the charity: £593k
- Trade debtor balance of £20,879 (2024: £17,367) and trade creditor balance of £707,830 (2024: £748,259) owed to parent company Universities UK.
“The accounts provide for a payment under deed of covenant to Universities UK, its parent company and a registered charity, of £593,072 (2024: £633,540).”
Company officers (Companies House)
- WARING, Alison Shan, Professor not on trustee list
- SANDERS, Julie Christina, Professor not on trustee list
- LARNER, Wendy Joan, Professor not on trustee list
- JENNINGS, Nicholas Robert, Professor on trustee list
- JONES, Timothy Simon, Professor on trustee list
- BARTHOLOMEW, Paul, Professor on trustee list
- EVANS, Elwen Mair, Professor on trustee list
- MILLER, James Alexander, Professor on trustee list
- WELCH, Evelyn Kathleen, Professor on trustee list
- JONES, Andrew Malcolm, Professor on trustee list
- ROSENEIL, Sasha, Professor on trustee list
- EGBU, Charles Odita, Professor on trustee list
- BALDWIN, Graham, Professor on trustee list
- BEECH, Peter Nicholas Hugh, Professor on trustee list
- HARRINGTON, Jane, Professor on trustee list
- HOLFORD, Karen Margaret, Professor Dame on trustee list
- ROBERTS, Lisa Oriel, Professor on trustee list
- PRESS, Malcolm Colin, Professor on trustee list
- HIGHAM, Jennifer Mary, Professor on trustee list
- MAPSTONE, Sally Louise, Professor on trustee list
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- PROFESSOR KAREN MARGARET HOLFORD
- Professor Andrew Malcolm Jones
- Professor Charles Egbu
- Professor Elwen Mair Evans
- Professor Evelyn Welch
- Professor Graham Baldwin
- Professor James Alexander Miller
- Professor Jane Harrington
- Professor Jennifer Mary Higham
- Professor Lisa Oriel Roberts
- Professor Malcolm Colin Press
- Professor Nicholas Jennings
- Professor Paul Bartholomew
- Professor Paul Croney
- Professor Peter Nicholas Hugh Beech
- Professor SALLY LOUISE MAPSTONE
- Professor Sasha Roseneil
- Professor Steven West
- Professor Timothy Simon Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £17.9m | £18.6m |
| 31/07/2024 | £19.1m | £14.6m |
| 31/07/2023 | £17.1m | £16.7m |
| 31/07/2022 | £17.9m | £19.7m |
| 31/07/2021 | £13.7m | £13.3m |
Common questions
Is UNIVERSITIES UK financially healthy?
Per its FY2025 accounts: The accounts state that the group reported a consolidated deficit of £721,000 for the year ended 31 July 2025, primarily due to a £934,000 transfer to UCEA for USS governance review and lower restricted income. Per the trustees' report, free reserves under SORP were £3,763,000, which the trustees consider sufficient to meet current commitments given the nature of the organisation's risks. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Y COLEG CYMRAEG CENEDLAETHOL | 2 | £2.8m |
| COLWINSTON CHARITABLE TRUST | 2 | £19k |
| THE ROTHSCHILD FOUNDATION | 1 | £500k |
| WOODLAND HERITAGE LIMITED | 1 | £68k |
| THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY) | 1 | £41k |
| CATKIN PUSSYWILLOW CHARITABLE TRUST | 1 | £39k |
| THE ASSOCIATION OF JEWISH REFUGEES (AJR) | 1 | £39k |
| THE LILLINGSTONE TRUST | 1 | £19k |
Charities like this
- University of California Trust
- UNION OF UEA STUDENTS LIMITED
- PRIFYSGOL ABERYSTWYTH
- CONSERVATOIRES UK
- COMMITTEE OF UNIVERSITY CHAIRS
- UNIVERSITY OF WALES:TRINITY SAINT DAVID
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| UNIVERSITIES UK | £17.9m | — | 43 | unclear | — | no doubt |
| University of California Trust | £1.7m | £130,001 - £140,000 | 3 | unclear | — | no doubt |
| UNION OF UEA STUDENTS LIMITED | £6.9m | — | — | unclear | — | no doubt |
| PRIFYSGOL ABERYSTWYTH | £127.4m | — | — | unclear | — | no doubt |
| CONSERVATOIRES UK | £110k | — | 0 | unclear | — | no doubt |
| COMMITTEE OF UNIVERSITY CHAIRS | £423k | £90,001 - £100,000 | — | above | — | no doubt |