THE MASTER AND FELLOWS OF DARWIN COLLEGE IN THE UNIVERSITY OF CAMBRIDGE
Financial health, per its FY2023 accounts
The accounts state that the College reported a surplus for the year ended 30 June 2023, with net assets increasing to £81.8 million. The trustees' report indicates that free reserves stood at £5.1 million, representing 70% of annual expenditure, which the College considers sufficient to meet its reserves policy target of approximating or exceeding one year's expenditure. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the College's ability to continue as a going concern.
What the accounts disclose
“Free reserves at the year-end represented 70% of expenditure incurred during the year.”
“The College’s overall benefit funding liability has decreased to £824,307 (2022: £838,630).”
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Dr Michael Russell Wheldon Randschair
- Dr Diana Arseni
- Dr Duncan James Needham
- JOHN TANNATT DIX
- Joseph Gerry Watkinson
- Mary Skuodas
- Oisin O'Keeffe
- PROFESSOR ALAN FRANK BLACKWELL
- Professor Angela Mary Wood
- Professor Christopher Guy Sandbrook
- Professor John Harold Nilsson Williamson-Wright
- Professor Maha Abdelrahman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £11.3m | £8.0m |
| 30/06/2024 | £10.0m | £7.4m |
| 30/06/2023 | £8.3m | £7.5m |
| 30/06/2022 | £8.1m | £6.6m |
| 30/06/2021 | £7.2m | £5.8m |
Common questions
Is THE MASTER AND FELLOWS OF DARWIN COLLEGE IN THE UNIVERSITY OF CAMBRIDGE financially healthy?
The accounts state that the College reported a surplus for the year ended 30 June 2023, with net assets increasing to £81.8 million. The trustees' report indicates that free reserves stood at £5.1 million, representing 70% of annual expenditure, which the College considers sufficient to meet its reserves policy target of approximating or exceeding one year's expenditure. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the College's ability to continue as a going concern. Its FY2023 accounts were audited by Peters Elworthy & Moore.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CAMBRIDGE IN AMERICA (UK) LIMITED | 4 | £328k |
| THE ISAAC NEWTON TRUST | 4 | £109k |
| THE JOHN BROWNE CHARITABLE TRUST | 1 | £100k |
| MONDAY CHARITABLE TRUST | 1 | £14k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £10k |
| Friends of the Nations' Libraries | 1 | £7k |
| THE BATCHWORTH TRUST | 1 | £2k |
| THE MCBAIN FAMILY FOUNDATION | 1 | £2k |