THE WARDEN AND SCHOLARS OF ST MARY COLLEGE OF WINCHESTER
The advancement of education through the provision of classical, literary, historical, mathematic, scientific, engineering, cultural and general education of the highest class and the provision of financial assistance for such education.The preservation for the public benefit of the buildings and grounds, furniture, pictures and chattels of the College.The advancement of Christian religion.
Financial health, per its FY2025 accounts
The accounts state that the College generated a net operating loss of £0.7m for the year, primarily due to the impact of VAT on school fees and increased taxation. However, the overall net asset position improved significantly by £36.1m, driven by substantial investment gains and new endowment donations, resulting in total net assets of £511.3m. The trustees confirm that free reserves and cash balances are sufficient to meet commitments for at least twelve months, indicating a sound financial footing despite operational losses.
What the accounts disclose
“The level of free reserves is considered by the College to be adequate.”
“Brian Li, Fellow, is a Director of Hong Kong Friends of Winchester College. Hong Kong Friends of Winchester College made donations of £298,155 to the College in the year (2024: £228,068).” — page 41
“Sir Richard Stagg, Warden, is a Trustee of the Chevening Estate, which provided hospitality services to the College during the year. The College paid £3,000 (2024: £nil).” — page 41
“Brian Li, Fellow, is a Director of Hong Kong Friends of Winchester College. Hong Kong Friends of Winchester College made donations of £298,155 to the College in the year (2024: £228,068).” — page 41
“Sir Richard Stagg, Warden, is a Trustee of the Chevening Estate, which provided hospitality services to the College during the year. The College paid £3,000 (2024: £nil).” — page 41
“Brian Li, Fellow, is a Director of Hong Kong Friends of Winchester College. Hong Kong Friends of Winchester College made donations of £298,155 to the College in the year (2024: £228,068).” — page 41
“Sir Richard Stagg, Warden, is a Trustee of the Chevening Estate, which provided hospitality services to the College during the year. The College paid £3,000 (2024: £nil).” — page 41
“Brian Li, Fellow, is a Director of Hong Kong Friends of Winchester College. Hong Kong Friends of Winchester College made donations of £298,155 to the College in the year (2024: £228,068).” — page 41
“Sir Richard Stagg, Warden, is a Trustee of the Chevening Estate, which provided hospitality services to the College during the year. The College paid £3,000 (2024: £nil).” — page 41
“Brian Li, Fellow, is a Director of Hong Kong Friends of Winchester College. Hong Kong Friends of Winchester College made donations of £298,155 to the College in the year (2024: £228,068).” — page 41
“Sir Richard Stagg, Warden, is a Trustee of the Chevening Estate, which provided hospitality services to the College during the year. The College paid £3,000 (2024: £nil).” — page 41
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Leadership, per the charity’s website
- Ms Elizabeth Stone — Headmaster
- Sir Richard Stagg KCMG — Warden
- Dr David Cole — Bursar
- Mr Iain Smith — Second Master
- Andrew Sykes MA — Sub-Warden
- Mr Andrew Reeve — Director of Academic Studies
- Mr James Fox — Director of Pastoral Care
- Mrs Emma Macey — Director of Admissions
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Sir Richard Stagg KCMGchair
- ANDREW FRANCIS SYKES
- Alison Mayne MA PGCE
- Brian Li Man-Bun
- DR MAGNUS JEROME RYAN
- David William Goodhew
- Laura Hargreaves Sanderson
- MR MILES YOUNG
- Patrick Giles Gauntlet Dear
- Professor David Arthur Parrott MA DPhil
- Professor Helen Elisabeth Higson OBE DL
- Richard Andrew Sanders MA MBA
- Robert Lee Allen Bsc CA
- Stuart Neil Woodward
- THE HON SIR STEPHEN WILLIAM SCOTT COBB
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £45.9m | £46.2m |
| 31/08/2024 | £45.1m | £44.7m |
| 31/08/2023 | £39.5m | £41.1m |
| 31/08/2022 | £36.9m | £36.6m |
| 31/08/2021 | £31.0m | £32.0m |
Common questions
Is THE WARDEN AND SCHOLARS OF ST MARY COLLEGE OF WINCHESTER financially healthy?
Per its FY2025 accounts: The accounts state that the College generated a net operating loss of £0.7m for the year, primarily due to the impact of VAT on school fees and increased taxation. However, the overall net asset position improved significantly by £36.1m, driven by substantial investment gains and new endowment donations, resulting in total net assets of £511.3m. The trustees confirm that free reserves and cash balances are sufficient to meet commitments for at least twelve months, indicating a sound financial footing despite operational losses. Its FY2025 accounts were audited by Crowe U.K. LLP.
Who funds THE WARDEN AND SCHOLARS OF ST MARY COLLEGE OF WINCHESTER?
Funders whose own accounts filings name THE WARDEN AND SCHOLARS OF ST MARY COLLEGE OF WINCHESTER as a grant recipient include THE BRENLEY TRUST, CHK Foundation, PETER STORMONTH DARLING CHARITABLE TRUST, THE SAMUEL STOREY FAMILY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BRENLEY TRUST | FY2025 | £260k | |
| CHK Foundation | FY2024 | £10k | |
| CHK Foundation | FY2023 | £10k | |
| PETER STORMONTH DARLING CHARITABLE TRUST | FY2021 | £10k | |
| THE SAMUEL STOREY FAMILY CHARITABLE TRUST | FY2022 | £2k | |
| THE SAMUEL STOREY FAMILY CHARITABLE TRUST | FY2023 | £200 | |
| CHK Foundation | FY2023 | £0 | |
| PETER STORMONTH DARLING CHARITABLE TRUST | FY2022 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HDH WILLS 1965 CHARITABLE TRUST | 1 | £1.0m |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £1.0m |
| THE SAVOY EDUCATIONAL TRUST | 1 | £63k |
| THE ISAAC NEWTON TRUST | 1 | £46k |
| LOB'S CHARITY | 1 | £35k |
| THE BLYTH WATSON CHARITABLE TRUST | 1 | £30k |
| CAMBRIDGE IN AMERICA (UK) LIMITED | 1 | £14k |
| SWIRE CHINESE LANGUAGE FOUNDATION | 1 | £10k |
Charities like this
- THE WARDEN AND SCHOLARS OF THE HOUSE OR COLLEGE OF SCHOLARS OF MERTON IN THE UNIVERSITY OF OXFORD
- THE COLLEGE OF SAINT MARY OF WINCHESTER IN OXFORD, COMMONLY CALLED NEW COLLEGE
- THE COLLEGE OF ST MARY MAGDALEN IN THE UNIVERSITY OF OXFORD
- FITZWILLIAM COLLEGE IN THE UNIVERSITY OF CAMBRIDGE
- THE PRINCIPAL AND FELLOWS OF THE COLLEGE OF THE LADY MARGARET IN THE UNIVERSITY OF OXFORD
- ST CHAD'S COLLEGE DURHAM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WARDEN AND SCHOLARS OF ST MARY COLLEGE OF WINCHESTER | £45.9m | — | — | unclear | — | no doubt |
| THE WARDEN AND SCHOLARS OF THE HOUSE OR COLLEGE OF SCHOLARS OF MERTON IN THE UNIVERSITY OF OXFORD | £20.4m | — | — | unclear | — | no doubt |
| THE COLLEGE OF SAINT MARY OF WINCHESTER IN OXFORD, COMMONLY CALLED NEW COLLEGE | £22.6m | — | — | above | — | no doubt |
| THE COLLEGE OF ST MARY MAGDALEN IN THE UNIVERSITY OF OXFORD | £53.5m | — | — | unclear | — | no doubt |
| FITZWILLIAM COLLEGE IN THE UNIVERSITY OF CAMBRIDGE | £20.3m | — | — | below | — | no doubt |
| THE PRINCIPAL AND FELLOWS OF THE COLLEGE OF THE LADY MARGARET IN THE UNIVERSITY OF OXFORD | £16.7m | — | — | unclear | — | no doubt |