NORTHERN COLLEGE OF ACUPUNCTURE
Provision of education and clinical services in the fields of acupuncture, chinese herbal medicine and nutrition
Financial health, per its FY2025 accounts
The accounts state that the charity incurred an operating deficit of £166,353 for the year ended 30 June 2025, resulting in unrestricted reserves falling significantly below the stated policy target. Per the trustees' report, unrestricted reserves dropped to £20,295 against a target of £185,000, prompting a financial recovery plan focused on cost control and recruitment stabilization. Despite these challenges, the trustees and auditors maintain that the charity is a going concern with adequate resources to continue operations.
What the accounts disclose
“The number of employees. whose annual remuneration was more than £60,000 is as follows: . £60,001 to £70,000 . 7 1” — page 26
“The number of employees. whose annual remuneration was more than £60,000 is as follows: . £60,001 to £70,000 . 7 1” — page 26
“For 2024-25, the SoFA showed i income of £1,164,692, of which £1,070, 009 (92%) was generated from tuition fee ‘income of taught awards.” — page 7
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be- maintained at a level of not less than £185, 000 each year.” — page 8
“During the year the college identifi ied a case of financial misconduct .involving a member of the finance team. The individual had paid themselves unauthorised expenses, which were not’approved in accordance with the college's financial controls.” — page 10
“The appointment of Harriet Lansdown as s interim College Principal was questioned by the-Charity Commission. “This was addressed by the College and was resolved with an order from the Charity Commission.” — page 9
“During the year the college identifi ied a case of financial misconduct .involving a member of the finance team. The individual had paid themselves unauthorised expenses, which were not’approved in accordance with the college's financial controls.” — page 10
“The appointment of Harriet Lansdown as s interim College Principal was questioned by the-Charity Commission. “This was addressed by the College and was resolved with an order from the Charity Commission.” — page 9
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Adebola Badiru
- David Jay
- Dr Thomas Michael Cummings
- GRAHAM WEBB
- Harriet Lansdown
- Kate Wicklow
- Margaret Helen Thomas
- NICHOLAS ESMOND HAINES
- Olga Crosse
- Sebastian Maciocia
- Stuart Hall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £1.2m | £1.3m |
| 30/06/2024 | £1.1m | £1.2m |
| 30/06/2023 | £1.0m | £1.0m |
| 30/06/2022 | £1.1m | £1.2m |
| 30/06/2021 | £1.1m | £1.1m |
Common questions
Is NORTHERN COLLEGE OF ACUPUNCTURE financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred an operating deficit of £166,353 for the year ended 30 June 2025, resulting in unrestricted reserves falling significantly below the stated policy target. Per the trustees' report, unrestricted reserves dropped to £20,295 against a target of £185,000, prompting a financial recovery plan focused on cost control and recruitment stabilization. Despite these challenges, the trustees and auditors maintain that the charity is a going concern with adequate resources to continue operations. Its FY2025 accounts were audited by Henton & Co LLP.
What does the highest-paid employee of NORTHERN COLLEGE OF ACUPUNCTURE earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAPTIST UNION OF GREAT BRITAIN | 1 | £481k |
| THE REED FOUNDATION | 1 | £44k |
| THE JOHN HORSEMAN TRUST | 1 | £28k |
| THE JGW PATTERSON FOUNDATION | 1 | £28k |
| THE GRAND LODGE OF MARK MASTER MASONS' FUND OF BENEVOLENCE | 1 | £27k |
| THE THOMAS J HORNE MEMORIAL TRUST | 1 | £24k |
| HACKNEY PAROCHIAL CHARITIES | 1 | £11k |
| GREATGREEN LIMITED | 1 | £10k |
Charities like this
- NORTHERN BAPTIST COLLEGE LIMITED
- THE NORTHERN COLLEGE FOR RESIDENTIAL ADULT EDUCATION LIMITED
- INTERNATIONAL COLLEGE OF ORIENTAL MEDICINE (UK) LIMITED
- NORTH CLWYD ANIMAL RESCUE
- NORTH LONDON BIKUR CHOLIM LIMITED
- THE NORTH NORTHUMBERLAND HOSPICE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NORTHERN COLLEGE OF ACUPUNCTURE | £1.2m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| NORTHERN BAPTIST COLLEGE LIMITED | £380k | — | 0 | unclear | — | no doubt |
| THE NORTHERN COLLEGE FOR RESIDENTIAL ADULT EDUCATION LIMITED | £4.7m | — | — | unclear | — | material uncertainty |
| INTERNATIONAL COLLEGE OF ORIENTAL MEDICINE (UK) LIMITED | £352k | — | 0 | unclear | — | no doubt |
| NORTH CLWYD ANIMAL RESCUE | £1.8m | — | 0 | unclear | — | no doubt |
| NORTH LONDON BIKUR CHOLIM LIMITED | £3.0m | — | 0 | unclear | — | no doubt |