THE COLLEGE OF ST MARY MAGDALENE IN THE UNIVERSITY OF CAMBRIDGE

Registered charity 1137542 · accounts filings on the Charity Commission register · also known as MAGDALENE COLLEGE CAMBRIDGE

The provision of education to undergraduate and graduate students. The advancement of knowledge and learning by supporting research pursued by academics and by funding research fellowships. The College maintains the Pepys Library, a collection of international significance, which provides an educational resource.

Causes: Education/training · website · Get email alerts

Latest income
£15.1m
Latest spending
£14.8m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the College reported a surplus for the year, with total unrestricted liquid reserves of £13.9m against a policy target of £5.8m. However, the College continues to run an operational deficit as employment costs rise faster than income, and it has set a deficit budget for the following year to manage expenditure while commercial property revenues face challenges.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Payments to trustees: Trustees received remuneration for their roles as College Officers (salaries, benefits, NI, pension). No remuneration was paid for their capacity as Trustees.
“The Trustees received no remuneration in their capacity as Trustees of the Charity, these payments relate to their capacity as College Officers.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £913k
“There has been an overall decrease in the FRS 102 pension deficit, which has reduced to £913k (£1,054k 2023-24). There has been no change to the USS pension scheme’s deficit which is completely eliminated.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Cloverleaf Limited
“The College has one trading subsidiary, Cloverleaf Limited, which is consolidated into these accounts. Cloverleaf Limited is 100% owned by the College and is registered and operating in England and Wales.” — page 54
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PEM Audit Limited. Discloses 3 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 30/06/2025)

Total income
£19.8m
Total spending
£14.8m
Cost of raising funds
£2.4m
Reserves (reported)
£8.9m
Employees
170

Reported reserves equal ~7.3 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 12.3% of total income — above the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cambridgeshire

Income and spending

Financial year endIncomeSpending
30/06/2025£15.1m£14.8m
30/06/2024£14.8m£13.7m
30/06/2023£13.4m£13.5m
30/06/2022£12.6m£11.7m
30/06/2021£10.3m£9.5m

Common questions

Is THE COLLEGE OF ST MARY MAGDALENE IN THE UNIVERSITY OF CAMBRIDGE financially healthy?

Per its FY2025 accounts: The accounts state that the College reported a surplus for the year, with total unrestricted liquid reserves of £13.9m against a policy target of £5.8m. However, the College continues to run an operational deficit as employment costs rise faster than income, and it has set a deficit budget for the following year to manage expenditure while commercial property revenues face challenges. Its FY2025 accounts were audited by PEM Audit Limited.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Foundation Scotland13/02/2024£8kKaren Napier Fund Scholarships
Foundation Scotland15/03/2023£10kGrant to Magdalene College
Foundation Scotland01/12/2021£14kScholarships
Foundation Scotland20/01/2021£10kGrant to Magdalene College
Foundation Scotland17/12/2019£11kUndergraduate scholarships
Foundation Scotland17/12/2019£10kUndergraduate scholarships
Foundation Scotland26/10/2016£9k2nd year undergraduate scholarships
Foundation Scotland17/09/2015£9kGrant to Magdalene College

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE COLLEGE OF ST MARY MAGDALEN IN THE UNIVERSITY OF OXFORD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE COLLEGE OF ST MARY MAGDALENE IN THE UNIVERSITY OF CAMBRIDGE£15.1m——unclear—no doubt
THE COLLEGE OF ST MARY MAGDALEN IN THE UNIVERSITY OF OXFORD FY2025£53.5m——unclear—no doubt
THE PRINCIPAL AND FELLOWS OF THE COLLEGE OF THE LADY MARGARET IN THE UNIVERSITY OF OXFORD FY2025£16.7m——unclear—no doubt
THE MASTER AND FELLOWS OF THE COLLEGE OR HALL OF SAINT CATHARINE THE VIRGIN IN THE UNIVERSITY OF CAMBRIDGE FY2025£19.9m——unclear—no doubt
THE COLLEGE OR HALL OF VALENCE MARY COMMONLY PEMBROKE COLLEGE IN THE UNIVERSITY OF CAMBRIDGE FY2025£23.2m£150,001 - £160,000—unclear—no doubt
CHURCHILL COLLEGE IN THE UNIVERSITY OF CAMBRIDGE FY2025£28.6m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.