THE PRINCIPAL AND FELLOWS OF SOMERVILLE COLLEGE

Registered charity 1139440 · accounts filings on the Charity Commission register

To provide for members of the University of Oxford the protection and training of an academic house.

Causes: Education/training · website · Get email alerts

Latest income
£20.0m
Latest spending
£18.4m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that net assets grew by £9.6m to £247.6m, driven by endowment growth and donations. However, the filing notes that free reserves were significantly eroded by the impact of Covid-19 and now stand at a deficit of £(0.2)m, although designated unrestricted reserves of £137m cover the value of fixed assets.

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

What the accounts disclose

Highest-paid employee band: £155,000-£155,999 — above the median for charities its size (£130k)
“£155,000-£155,999 4 155,672” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Teaching, research and residential (43% of income)
“Teaching, research and residential 8,569” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £-200k; policy: sufficient free reserves to enable it to meet its short-term financial obligations in the event of an unexpected revenue shortfall)
“Free reserves now stand at £(0.2)m (2024: £(0.4m)).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“Donations totalling £2k were received from Trustees of the College (2024: £2k)” — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Governance: Governance review in correspondence with Charity Commission
“Since February 2023 we have been in correspondence with the Charity Commission following their request for us to review and, if necessary, update our College governance structures following concerns they raised with Oxford colleges generally.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Somerville College Trading Limited, Somerville College Developments Limited
“The College also has two wholly owned non-charitable subsidiaries: Somerville College Trading Limited, and Somerville College Developments Limited” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 6 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £475k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Total income
£20.0m
Total spending
£18.4m
Cost of raising funds
£1.3m
Reserves (reported)
£136.6m
Employees
290

Reported reserves equal ~89.0 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 6.7% 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: Oxfordshire

Income and spending

Financial year endIncomeSpending
31/07/2025£20.0m£18.4m
31/07/2024£17.6m£15.7m
31/07/2023£16.3m£17.1m
31/07/2022£13.6m£17.1m
31/07/2021£12.1m£14.2m

Common questions

Is THE PRINCIPAL AND FELLOWS OF SOMERVILLE COLLEGE financially healthy?

Per its FY2025 accounts: The accounts state that net assets grew by £9.6m to £247.6m, driven by endowment growth and donations. However, the filing notes that free reserves were significantly eroded by the impact of Covid-19 and now stand at a deficit of £(0.2)m, although designated unrestricted reserves of £137m cover the value of fixed assets. Its FY2025 accounts were audited by Crowe U.K. LLP.

What does the highest-paid employee of THE PRINCIPAL AND FELLOWS OF SOMERVILLE COLLEGE earn?

Per its FY2025 accounts, the highest-paid employee was in the £155,000-£155,999 band.

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 ST HUGH'S COLLEGE IN THE UNIVERSITY OF OXFORD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE PRINCIPAL AND FELLOWS OF SOMERVILLE COLLEGE£20.0m£155,000-£155,9990below—no doubt
THE PRINCIPAL AND FELLOWS OF ST HUGH'S COLLEGE IN THE UNIVERSITY OF OXFORD FY2025£15.3m——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 OF THE GREAT HALL OF THE UNIVERSITY COMMONLY CALLED UNIVERSITY COLLEGE IN THE UNIVERSITY OF OXFORD FY2025£23.4m£60,001 - £70,0004below—no doubt
THE RECTOR AND SCHOLARS OF EXETER COLLEGE IN THE UNIVERSITY OF OXFORD FY2025£14.6m——within30.4%no doubt
WORCESTER COLLEGE, OXFORD FY2025£20.3m£169,000 - £169,999—unclear—no doubt

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