MORLEY COLLEGE LIMITED
Registered charity 1023523 · accounts filings on the Charity Commission register · also known as MORLEY COLLEGE, MORLEY COLLEGE (1993) LIMITED
The provision of education for adults.
Causes: Education/training · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the College reported an operating deficit of £635k for the year ended 31 July 2025, primarily driven by actuarial losses on pension liabilities. Despite this, the College holds unrestricted net assets of £47.2 million and maintains a strong liquidity position with £5.9 million in cash and short-term deposits. The Department for Education has assessed the College's financial health as 'Good' for the current and projected year.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: one term (four months) expenditure (held: £47.0m)
“The College’s reserves policy is to retain a minimum level of general reserves (excluding losses or gains in respect of the pension scheme) equivalent to one term (four months) expenditure” — page 75
Per its FY2025 accounts as filed with the Charity Commission.
Governance: One instance of Special Severance Payment paid in 2025/26, but in excess of 2024/25 Managing Public Money delegation limits. Permission was sought in advance of payment, but not granted.
“One instance of Special Severance Payment paid in 2025/26, but in excess of 2024/25 Managing Public Money delegation limits. Permission was sought in advance of payment, but not granted.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.
Public fundraising profile: JustGiving — Morley College London (matched by registered charity number).
Property (HM Land Registry)
12 registered titles in England and Wales held by the charity’s company or corporate body (8 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · linkedin
Structured financials (annual return, FY ending 31/07/2025)
Reserves (reported)
£47.8m
Reported reserves equal ~23.7 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Charitable activities (71% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.8%) (benchmarks).
- Elisabeth Fullickchair
- Adam Campbell
- Alexander Neil Cole
- Andrew Williamson
- Anica Alvarez Nishio
- Charles Buchanan
- Gail Le Coz
- Harris Elliott OBE
- Mark John Riddleston
- Matthew Innes
- Michael Kamine
- NICHOLAS ROY DURSTON
- Naeem Uddin
- Natalie Mai Garner · trustee of 1 other charity
- Sidney Yankson
- Susan Marian Bonett
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout London
Income and spending
Common questions
Is MORLEY COLLEGE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the College reported an operating deficit of £635k for the year ended 31 July 2025, primarily driven by actuarial losses on pension liabilities. Despite this, the College holds unrestricted net assets of £47.2 million and maintains a strong liquidity position with £5.9 million in cash and short-term deposits. The Department for Education has assessed the College's financial health as 'Good' for the current and projected year. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Who funds MORLEY COLLEGE LIMITED?
Funders whose own accounts filings name MORLEY COLLEGE LIMITED as a grant recipient include ROYAL FEMALE SCHOOL OF ART FOUNDATION, THE KENSINGTON AND CHELSEA FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Side by side with its peers
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