LUCY CAVENDISH COLLEGE IN THE UNIVERSITY OF CAMBRIDGE
From October 2021 the College will admit talented students from the age of 18 years regardless of gender, particularly from non-traditional backgrounds, to undertake education or research of the highest quality in the University of Cambridge. The College aims to become broadly representative of UK society and to increase the proportion of international students from under-represented backgrounds.
Objects
A) TO ADVANCE EDUCATION, RELIGION, LEARNING AND RESEARCH IN THE UNIVERSITY.B) TO PROVIDE FOR PERSONS WHO SHALL BE MEMBERS OF THE UNIVERSITY A COLLEGE WHEREIN THEY MAY WORK FOR DEGREES OF THE UNIVERSITY OR MAY CARRY OUT POSTGRADUATE OR OTHER SPECIAL STUDIES AT CAMBRIDGE.
Financial health, per its FY2025 accounts
The accounts state that the College reported a total comprehensive income of £4.1m for the year ended 30 June 2025, driven by growth in accommodation and fee income. Per the trustees' report, unrestricted reserves stood at £36.3m, while the College holds significant tangible assets (£78.6m) and investments (£25.9m) to support its long-term strategic objectives.
What the accounts disclose
“The total trustee salaries were £1,095k for the year (2024: £806k) The trustees were also paid other taxable benefits (including associated employer National Insurance contributions and employer contributions to pensions) which totalled £173k for the year (2024: £208k).” — page 61
“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 £17.2m (2024: £15.5m). During the year, the University paid Lucy Cavendish College from these fees, sums totalling £4.2m (2024: £3.6m) 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 61
“Lucy Cavendish College administers a Cambridge Bursary Scheme to support undergraduates financially; the University of Cambridge contributed £413k to this scheme (2024: £432k).” — page 62
“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 £17.2m (2024: £15.5m). During the year, the University paid Lucy Cavendish College from these fees, sums totalling £4.2m (2024: £3.6m) 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 61
“Lucy Cavendish College administers a Cambridge Bursary Scheme to support undergraduates financially; the University of Cambridge contributed £413k to this scheme (2024: £432k).” — page 62
“The consolidated financial statements include the financial statements of The College and its subsidiary undertakings for the year ended 30th June 2025. Details of the subsidiary undertakings included are set out in note 24.” — page 29
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Employees paid over £60,000: 6 (£60,001–£70,000: 1; £70,001–£80,000: 3; £90,001–£100,000: 2)
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 30/06/2024
- Employees paid over £60,000: 5 (£60,001–£70,000: 3; £70,001–£80,000: 1; £90,001–£100,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 30/06/2023
- Employees paid over £60,000: 6 (£60,001–£70,000: 4; £90,001–£100,000: 1; £100,001–£110,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
- Has a trading subsidiary
Corporate structure
- Trading subsidiary: LUCY CAVENDISH TRADING LIMITED Companies House 02844689
- Amounts owed to group undertakings: £295,823
Funders the charity credits
- The Hilary and Galen Weston Foundation
- Christina and Peter Dawson
- Don Hefferon
- Fairway Trust
- Ernest Hecht Charitable Foundation
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Girish Kumar Narayanan Menonchair
- ALISON VINNICOMBE
- Alison Kay Heather
- Anna McDonald
- Bruno Cotta
- Christopher Fowell
- Derek Jones
- Dr Benedict Wiedemann
- Dr Christopher Macdonald
- Dr Clare Walker Gore
- Dr Deborah Talmi
- Dr Elizabeth Claire Fistein
- Dr Giovanna Zinzalla
- Dr Howard Nelson
- Dr JANE GREATOREX
- Dr James Moore
- Dr Joe Sutliff Sanders
- Dr Jonathan Slaughter
- Dr Jurgen Becque
- Dr Liam Saddington
- Dr Marissa Quie
- Dr Mary Murphy
- Dr Mary Wrenn
- Dr Matthew Sparkes
- Dr Owain Salter Fitz-Gibbon
- Dr Poorna Mysoor
- Dr Vivian Wai Man Yiu
- Dr Xiaoxiang Na
- Gordon Harold
- Jennifer Blakesley
- Joanna Kathleen Ryan
- Katie Keller
- Nabil Khabirpour
- Nooman Haque
- PROFESSOR RUTH CAMERON
- Prof Neil Rennie Stott
- Professor HENRIETTE HENDRIKS
- Professor Marie-Claire Cordonier Segger
- Sophie Hughes
- Suzanne Marie Tonkin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £17.8m | £16.9m |
| 30/06/2024 | £15.4m | £12.3m |
| 30/06/2023 | £13.2m | £10.7m |
| 30/06/2022 | £11.8m | £8.6m |
| 30/06/2021 | £6.4m | £6.3m |
Common questions
Is LUCY CAVENDISH COLLEGE IN THE UNIVERSITY OF CAMBRIDGE financially healthy?
Per its FY2025 accounts: The accounts state that the College reported a total comprehensive income of £4.1m for the year ended 30 June 2025, driven by growth in accommodation and fee income. Per the trustees' report, unrestricted reserves stood at £36.3m, while the College holds significant tangible assets (£78.6m) and investments (£25.9m) to support its long-term strategic objectives. Its FY2025 accounts were audited by Price Bailey LLP.
Who funds LUCY CAVENDISH COLLEGE IN THE UNIVERSITY OF CAMBRIDGE?
Funders whose own accounts filings name LUCY CAVENDISH COLLEGE IN THE UNIVERSITY OF CAMBRIDGE as a grant recipient include DE REUS FOUNDATION, CAMBRIDGE IN AMERICA (UK) LIMITED, THE ISAAC NEWTON TRUST, SALTERS' CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| DE REUS FOUNDATION | FY2025 | £25k | |
| CAMBRIDGE IN AMERICA (UK) LIMITED | FY2023 | £17k | |
| THE ISAAC NEWTON TRUST | FY2025 | £9k | Breakdown of grants by recipient |
| SALTERS' CHARITABLE FOUNDATION | FY2025 | £5k | Salters' Fellowship Endowment Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ALBORADA TRUST | 1 | £7.1m |
| THE ALAN AND SHEILA DIAMOND CHARITABLE TRUST | 1 | £35k |
| THE C P CHARITABLE TRUST | 1 | £20k |
| THE GREG & ROSIE LOCK CHARITABLE FOUNDATION TRUST | 1 | £10k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £10k |
| THE MARTIN LAING FOUNDATION | 1 | £10k |
| THE DYERS' COMPANY CHARITABLE TRUST | 1 | £3k |
| THE MCBAIN FAMILY FOUNDATION | 1 | £2k |
Charities like this
- SELWYN COLLEGE CAMBRIDGE
- THE COLLEGE OF THE LADY FRANCES SIDNEY SUSSEX IN THE UNIVERSITY OF CAMBRIDGE
- CHURCHILL COLLEGE IN THE UNIVERSITY OF CAMBRIDGE
- CLARE COLLEGE CAMBRIDGE
- THE MASTER FELLOWS AND SCHOLARS OF EMMANUEL COLLEGE IN THE UNIVERSITY OF CAMBRIDGE
- THE PRESIDENT AND FELLOWS OF WOLFSON COLLEGE IN THE UNIVERSITY OF CAMBRIDGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LUCY CAVENDISH COLLEGE IN THE UNIVERSITY OF CAMBRIDGE | £17.8m | — | — | unclear | — | no doubt |
| SELWYN COLLEGE CAMBRIDGE | £15.1m | — | — | unclear | — | no doubt |
| THE COLLEGE OF THE LADY FRANCES SIDNEY SUSSEX IN THE UNIVERSITY OF CAMBRIDGE | £14.2m | — | — | below | — | no doubt |
| CHURCHILL COLLEGE IN THE UNIVERSITY OF CAMBRIDGE | £28.6m | — | — | unclear | — | no doubt |
| CLARE COLLEGE CAMBRIDGE | £16.0m | — | — | unclear | — | no doubt |
| THE MASTER FELLOWS AND SCHOLARS OF EMMANUEL COLLEGE IN THE UNIVERSITY OF CAMBRIDGE | £22.9m | over £105,000 | 3 | unclear | — | no doubt |