THE UNIVERSITIES AND COLLEGES ADMISSIONS SERVICE
Financial health, per its FY2025 accounts
The accounts state that total group income increased by 2.6% to £58.7m, driven largely by trading activities from UCAS Media and interest receivable. Total group expenditure rose by 2.3% to £57.1m, resulting in a net surplus for the year. The charity holds liquid reserves of £37.7m, which exceeds its stated policy target of four months' forecast cash outflows, indicating strong financial resilience.
What the accounts disclose
“following the review during 2024/25, a minimum level was set at four months forecast cash outflows.”
“A gift aid payment of £1,818k (2024: £1,003k) is due from UCAS Media Limited to UCAS.” — page 54
“UCAS owns 100 per cent of the share capital of its subsidiaries, UCAS Media Limited, and UCAS Consultancy and Insights Limited.”
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Alistair James Bradbury Jarvis CBE
- Daragh Michael Kelly
- Joanne Frances Miller
- Justin James Van Wijngaarden
- Luke Dunstan Sparkes
- Mark Felix
- Patricia Ann Carvalho
- Prakash Ghedia
- Professor Catherine Jane Normington
- Professor Colin Gareth Bailey CBE
- Professor James Alexander Miller
- Professor Osama Shafique Minhaz Khan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £58.7m | £57.1m |
| 31/07/2024 | £57.2m | £55.8m |
| 31/07/2023 | £54.0m | £52.5m |
| 31/07/2022 | £53.8m | £48.7m |
| 31/07/2021 | £51.7m | £40.9m |
Common questions
Is THE UNIVERSITIES AND COLLEGES ADMISSIONS SERVICE financially healthy?
The accounts state that total group income increased by 2.6% to £58.7m, driven largely by trading activities from UCAS Media and interest receivable. Total group expenditure rose by 2.3% to £57.1m, resulting in a net surplus for the year. The charity holds liquid reserves of £37.7m, which exceeds its stated policy target of four months' forecast cash outflows, indicating strong financial resilience. Its FY2025 accounts were audited by RSM UK Audit LLP.