Bader College
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £2,080,592, driven by a £4.97 million cash injection from Queen’s University and a property revaluation gain. However, the underlying operational result was a deficit of £2.89 million, and the charity remains significantly dependent on continued financial support from Queen’s University for its viability. Unrestricted reserves stood at £16.8 million, largely tied up in fixed assets, with no specific reserves policy target currently in place.
What the accounts disclose
“During the year the charity received income of £nil (2024: £2,073,117) from Queen’s University relating to tuition and residence fees. A further £4,971,661 (2024: £4,215,750) was received as grants and donations from Queen’s. Total expenditure of £nil (2024: £275,897) was payable to Queen’s to cover costs incurred by Queen’s on the charity’s behalf.” — page 37
“Other recharges of £nil (2024: £352,742) were made between Bader College and Herstmonceux Castle Estate Limited. Recharges of £1,115,475 (2024: £248,628) were made to Herstmonceux Castle Estate Limited from Bader College. At the balance sheet date £1,505,419 (2024: £332,592) was due from Herstmonceux Castle Estate Limited.” — page 38
“During the year the charity received income of £nil (2024: £2,073,117) from Queen’s University relating to tuition and residence fees. A further £4,971,661 (2024: £4,215,750) was received as grants and donations from Queen’s. Total expenditure of £nil (2024: £275,897) was payable to Queen’s to cover costs incurred by Queen’s on the charity’s behalf.” — page 37
“Other recharges of £nil (2024: £352,742) were made between Bader College and Herstmonceux Castle Estate Limited. Recharges of £1,115,475 (2024: £248,628) were made to Herstmonceux Castle Estate Limited from Bader College. At the balance sheet date £1,505,419 (2024: £332,592) was due from Herstmonceux Castle Estate Limited.” — page 38
“The charity maintains Herstmonceux Castle and carries out the general day to day running of the gardens and grounds and its wholly owned subsidiary, Herstmonceux Castle Estate Limited (HCE) carries out its commercial activities” — page 12
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- Ann Tierney
- Dr Nicholas Mosey
- Dr Patrick Deane
- James Hastings Lewis Knowles
- Joshua Casey Dennis Purvis
- Scott Girvin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £5.2m | £3.2m |
| 30/04/2024 | £7.5m | £7.0m |
| 30/04/2023 | £10.4m | £7.5m |
| 30/04/2022 | £5.4m | £5.6m |
| 30/04/2021 | £1.8m | £4.0m |
Common questions
Is Bader College financially healthy?
The accounts state that the charity reported a surplus of £2,080,592, driven by a £4.97 million cash injection from Queen’s University and a property revaluation gain. However, the underlying operational result was a deficit of £2.89 million, and the charity remains significantly dependent on continued financial support from Queen’s University for its viability. Unrestricted reserves stood at £16.8 million, largely tied up in fixed assets, with no specific reserves policy target currently in place. Its FY2025 accounts were audited by HaysMac LLP.