THE MASTER (OR KEEPER) AND FELLOWS OF PETERHOUSE IN THE UNIVERSITY OF CAMBRIDGE
Registered charity 1137457 · accounts filings on the Charity Commission register · also known as PETERHOUSE
Peterhouse is the oldest of the 31 colleges within the University of Cambridge and is dedicated to the advancement of education, religion, learning and research.
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Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves amounted to £387.3m at year-end, which the Governing Body believes is necessary for the College to meet its charitable objectives and operate in perpetuity. Per the trustees' report, the College showed an overall deficit for the year of £5.4m, primarily driven by investment losses, though underlying operating performance was supported by donations and endowments.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Land and buildings (36% of income)
“Income from: Land and buildings 5,502”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Trustees received remuneration for specific College offices (Teaching, Tutorial, Research, Administration). Total salaries were £1,096,000. Other taxable benefits (including pension contributions) totalled £171,000. Grants for research totalled £48,000.
“The Trustees are remunerated for specific College offices which have associated duties of Teaching, Tutorial, Research, and Administration. The Trustees remuneration is overseen by the Remuneration Committee.” — page 48
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The College acts as an agent for the collection of fees for the University of Cambridge; for the year ended 30 June 2025 these fees total £7,222k (2024: £6,891k). During the year the University paid Peterhouse from these fees sums totalling £1,655k (2024: £1,604k) under the terms of agreements between the University and the Colleges to share fee income with the Colleges in a way that recognises the relative contributions of the University and the Colleges.
“During the year the University paid Peterhouse from these fees sums totalling £1,655k (2024: £1,604k) under the terms of agreements between the University and the Colleges to share fee income with the Colleges in a way that recognises the relative contributions of the University and the Colleges.” — page 49
“The College pays levies to support the activity of the Office of Intercollegiate Services (OIS). The OIS is responsibie primarily for arranging support services to the 31 colleges of the Collegiate University (Cambridge).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The College pays levies to support the activity of the Office of Intercollegiate Services (OIS). The OIS is responsibie primarily for arranging support services to the 31 colleges of the Collegiate University (Cambridge).
“During the year the University paid Peterhouse from these fees sums totalling £1,655k (2024: £1,604k) under the terms of agreements between the University and the Colleges to share fee income with the Colleges in a way that recognises the relative contributions of the University and the Colleges.” — page 49
“The College pays levies to support the activity of the Office of Intercollegiate Services (OIS). The OIS is responsibie primarily for arranging support services to the 31 colleges of the Collegiate University (Cambridge).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: During the year Peterhouse made a contribution under Statute G, Il of £197k (2024: £201k) into the Colleges Fund. The Colleges Fund is administered by the University of Cambridge on behalf of the Colleges, who make all contributions to and receive all allocations from the Fund.
“During the year the University paid Peterhouse from these fees sums totalling £1,655k (2024: £1,604k) under the terms of agreements between the University and the Colleges to share fee income with the Colleges in a way that recognises the relative contributions of the University and the Colleges.” — page 49
“The College pays levies to support the activity of the Office of Intercollegiate Services (OIS). The OIS is responsibie primarily for arranging support services to the 31 colleges of the Collegiate University (Cambridge).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Peterhouse administers a Cambridge Bursary Scheme to support undergraduates financially; the University of Cambridge contributed £130k to this scheme (2024: £125k).
“During the year the University paid Peterhouse from these fees sums totalling £1,655k (2024: £1,604k) under the terms of agreements between the University and the Colleges to share fee income with the Colleges in a way that recognises the relative contributions of the University and the Colleges.” — page 49
“The College pays levies to support the activity of the Office of Intercollegiate Services (OIS). The OIS is responsibie primarily for arranging support services to the 31 colleges of the Collegiate University (Cambridge).”
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £1.1m
“Net defined benefit liability (1,072) (1,302)” — page 45
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Peterhouse Enterprises Limited, Peterhouse Conferences and Events Limited
“The two subsidiaries are: Peterhouse Enterprises Limited (PEL), which is engaged in property development, and Peterhouse Conferences and Events Limited, which manages certain Catering and Conference activities undertaken by the College in order to raise funds to further its charitable aims.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Price Bailey LLP. Discloses 3 of 6 completeness components.
Property (HM Land Registry)
74 registered titles in England and Wales held by the charity’s company or corporate body (72 freehold); recorded price paid £18.1m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 30/06/2025)
Cost of raising funds
£2.4m
Reserves (reported)
£387.3m
Per its annual return, cost of raising funds: 13.9% of total income — above the median for charities its size (3.8%) (benchmarks).
- PROF ANDREW PARKERchair · trustee of 1 other charity
- Alia Carina Nunes dos Santos Dr
- DR NICK ZAIR
- DR TIMOTHY KEITH DICKENS
- Dr ALEXANDER JOHN WHITE
- Dr ANDRAS ZSAK
- Dr ANTARA HALDAR
- Dr Adrian Lerner Dr
- Dr Alireza Mashayekhi
- Dr Andrew Grainger
- Dr CHRISTOPHER GORHAM LESTER
- Dr Doyle David Calhoun
- Dr Fani Memi Dr
- Dr GRAHAM CHRISTIE
- Dr Geraint Llyr THOMAS
- Dr Holly Elizabeth Porter
- Dr JAMES PETER TALBOT
- Dr JENNIFER MADGE BRAIDWOOD WALLACE
- Dr Justin Gerlach
- Dr Laura Suzanne Slater
- Dr MAGNUS JEROME RYAN
- Dr Michal Gath-Morad
- Dr ROBERT IAN ROSS RUSSELL
- Dr SOPHIE LUNN-ROCKLIFFE
- Dr Timothy Rittman
- Dr Tomislav Plesa
- Edward Davies
- IAN NICHOLAS MOLYNEUX WRIGHT · trustee of 2 other charities
- PROF PAUL ANTHONY MIDGLEY
- PROFESSOR BRENDAN PETER SIMMS
- PROFESSOR Mari Catrin Jones
- Professor Alex Thom Professor
- Professor JAMES NICHOLAS BENEDICT CARLETON PAGET Professor
- Professor JOHN ERNEST ROBB
- Professor Jennifer Thornhill Richards
- Professor PHILIP CHARLES WOODLAND
- Professor Richard James Holton · trustee of 2 other charities
- Professor Simon Francis Deakin Professor · trustee of 1 other charity
- Rev Dr STEPHEN WILLIAM PETER HAMPTON · trustee of 1 other charity
- SCOTT HOWARD MANDELBROTE · trustee of 1 other charity
Trustee list from the Charity Commission register (current, not historical).
Operates in: Cambridgeshire
Income and spending
Common questions
Is THE MASTER (OR KEEPER) AND FELLOWS OF PETERHOUSE IN THE UNIVERSITY OF CAMBRIDGE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves amounted to £387.3m at year-end, which the Governing Body believes is necessary for the College to meet its charitable objectives and operate in perpetuity. Per the trustees' report, the College showed an overall deficit for the year of £5.4m, primarily driven by investment losses, though underlying operating performance was supported by donations and endowments. Its FY2025 accounts were audited by Price Bailey LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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Side by side with its peers
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