THE WARDEN AND SCHOLARS OF THE HOUSE OR COLLEGE OF SCHOLARS OF MERTON IN THE UNIVERSITY OF OXFORD

Registered charity 1139022 · accounts filings on the Charity Commission register · also known as MERTON COLLEGE

THE ADVANCEMENT OF EDUCATION AND LEARNING THROUGH PROVISION OF TEACHING AND EDUCATIONAL SUPPORT TO APPROXIMATELY 600 RESIDENT UNDERGRADUATE AND GRADUATE STUDENTS WHO ARE ENGAGED ON A COURSE OF STUDIES LEADING TO THE AWARD OF A DEGREE IN THE UNIVERISTY OF OXFORD AND THROUGH THE APPOINTMENT OR EMPLOYMENT OF FELLOWS AND ACADEMIC STAFF WHO ARE ACTIVELY ENGAGED IN RESEARCH

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Latest income
£20.4m
Latest spending
£24.0m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the College reported a net deficit of £3.65 million for the year, primarily due to a reduction in donations and legacies and higher maintenance costs. However, total net assets increased to £419.59 million, supported by significant investment gains of £15.68 million and a healthy cash position. The trustees confirm the College has adequate resources to continue its activities for the foreseeable future.

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

What the accounts disclose

Reserves policy: two to four months of expected expenditure (held: £5.7m)
“The College’s target is to maintain free reserves of two to four months of expected expenditure.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Remuneration paid to trustees (Fellows employed by the College)
“No Fellow receives any remuneration for acting as a Trustee. However, those Fellows who are also employees of the College receive salaries in respect of their employment.” — page 55
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Commission of painting from artist connected to Trustee
“During the year, the College entered into a contract to commission a painting at a cost of £10,000 from an artist who is a partner of a Trustee of the College. As at the 31 July 2025, £10,000 had been paid in respect of this transaction.” — page 60
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Gravita Audit Oxford LLP. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

94 registered titles in England and Wales held by the charity’s company or corporate body (92 freehold); recorded price paid £2.2m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/07/2025)

Total income
£20.4m
Total spending
£24.0m
Cost of raising funds
£3.5m
Reserves (reported)
£5.7m
Employees
153

Reported reserves equal ~2.9 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 17.4% of total income — in the top quarter for charities its size (median 3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Oxfordshire

Income and spending

Financial year endIncomeSpending
31/07/2025£20.4m£24.0m
31/07/2024£21.2m£21.9m
31/07/2023£19.3m£19.0m
31/07/2022£15.1m£19.0m
31/07/2021£13.8m£17.0m

Common questions

Is THE WARDEN AND SCHOLARS OF THE HOUSE OR COLLEGE OF SCHOLARS OF MERTON IN THE UNIVERSITY OF OXFORD financially healthy?

Per its FY2025 accounts: The accounts state that the College reported a net deficit of £3.65 million for the year, primarily due to a reduction in donations and legacies and higher maintenance costs. However, total net assets increased to £419.59 million, supported by significant investment gains of £15.68 million and a healthy cash position. The trustees confirm the College has adequate resources to continue its activities for the foreseeable future. Its FY2025 accounts were audited by Gravita Audit Oxford LLP.

Who funds THE WARDEN AND SCHOLARS OF THE HOUSE OR COLLEGE OF SCHOLARS OF MERTON IN THE UNIVERSITY OF OXFORD?

Funders whose own accounts filings name THE WARDEN AND SCHOLARS OF THE HOUSE OR COLLEGE OF SCHOLARS OF MERTON IN THE UNIVERSITY OF OXFORD as a grant recipient include THE SAVOY EDUCATIONAL TRUST, JOHN SWIRE 1989 CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE SAVOY EDUCATIONAL TRUSTFY2022£50k
THE SAVOY EDUCATIONAL TRUSTFY2025£13kReplacement and maintenance of kitchen equipment
JOHN SWIRE 1989 CHARITABLE TRUSTFY2024£2k
JOHN SWIRE 1989 CHARITABLE TRUSTFY2023£1k

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 PRINCIPAL AND FELLOWS OF THE COLLEGE OF THE LADY MARGARET IN THE UNIVERSITY OF OXFORD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE WARDEN AND SCHOLARS OF THE HOUSE OR COLLEGE OF SCHOLARS OF MERTON IN THE UNIVERSITY OF OXFORD£20.4m——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 WARDEN AND SCHOLARS OF ST MARY COLLEGE OF WINCHESTER FY2025£45.9m——unclear—no doubt
THE MASTER AND SCHOLARS OF BALLIOL COLLEGE IN THE UNIVERSITY OF OXFORD FY2025£18.8m——unclear—no doubt
WORCESTER COLLEGE, OXFORD FY2025£20.3m£169,000 - £169,999—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

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