THE COLLEGE OF SAINT MARY OF WINCHESTER IN OXFORD, COMMONLY CALLED NEW COLLEGE
The advancement of education, learning and research; and the advancement of religion (in that the College is a choral college in accordance with the Founder's intentions and hence it sustains a Choir and a Choir School).
Financial health, per its FY2025 accounts
The accounts state that total funds increased by £40.8m to £445.0m, driven largely by a £39.5m increase in endowment funds and significant investment gains of £44.2m. The charity maintains unrestricted funds of £64.1m, which the trustees consider appropriate relative to current activity levels and identified risks. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The College’s reserves policy is to maintain sufficient free reserves to enable it to meet its short-term financial obligations in the event of an unexpected revenue shortfall and to allow the College to be managed efficiently and to provide a buffer that would ensure uninterrupted services.” — page 12
“The College has properties owned jointly with trustees under joint equity ownership agreements between the trustee and the College. College's equity is valued at £2,378k.” — page 42
“Trustees are entitled to a 50% reduction in school fees at the College's school. During the year two trustees had children in the school (2024: one).” — page 42
“The College has properties owned jointly with trustees under joint equity ownership agreements between the trustee and the College. College's equity is valued at £2,378k.” — page 42
“Trustees are entitled to a 50% reduction in school fees at the College's school. During the year two trustees had children in the school (2024: one).” — page 42
“It has two wholly-owned non-charitable subsidiaries, Longwall Limited and Longwall II Limited, both of which were active during the year.”
In the news
Leadership, per the charity’s website
- Miles Young — Warden
- Rev Dr Erica Longfellow — Dean of Divinity
- Daniel Powell — Head of Outreach & Communications
Funders the charity credits
- Welsh Government
- New College
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Andrew Counter
- Ashleigh Griffin
- Bernhard Malkmus
- Christiane Timmel
- DAVID PALFREYMAN
- DR M J BURDEN
- Dominic Joyce Prof
- Dr ADRIANNE SLYZ
- Dr Christian Sahner
- Dr Elena Baena-Gonzalez
- Dr Grant Churchill
- Dr HANNAH SULLIVAN
- Dr Jean-Paul Carvalho
- Dr MARK GRIFFITH
- Dr Natalia Ares
- Dr RICHARD MASH
- Dr Stephan Uphoff
- Dr WILLIAM POOLE
- Gerald Wells
- JANE LIGHTFOOT
- JONATHAN BLACK
- MARK CURTIS
- MASUD HUSAIN
- Meera Sabaratnam
- PROFESSOR MARCUS DU SAUTOY
- Paola Conconi
- Paolo Fait
- Prof Nino Luraghi
- Professor Andrew Meadows
- Professor Barbara Rossi
- Professor DAVID GAVAGHAN
- Professor DAVID PARROTT
- Professor DIETER HELM
- Professor EUGENE FLYNN
- Professor JOHN MCGRADY
- Professor JOSEPH CONLON
- Professor Jeanne Morefield
- Professor MARTIN WILLIAMS
- Professor OLIVER PYBUS
- Professor Peter Boxall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £22.6m | £27.9m |
| 31/07/2024 | £22.2m | £22.9m |
| 31/07/2023 | £21.7m | £21.2m |
| 31/07/2022 | £20.0m | £21.3m |
| 31/07/2021 | £17.8m | £16.9m |
Common questions
Is THE COLLEGE OF SAINT MARY OF WINCHESTER IN OXFORD, COMMONLY CALLED NEW COLLEGE financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased by £40.8m to £445.0m, driven largely by a £39.5m increase in endowment funds and significant investment gains of £44.2m. The charity maintains unrestricted funds of £64.1m, which the trustees consider appropriate relative to current activity levels and identified risks. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Gravita Audit Oxford LLP.
Who funds THE COLLEGE OF SAINT MARY OF WINCHESTER IN OXFORD, COMMONLY CALLED NEW COLLEGE?
Funders whose own accounts filings name THE COLLEGE OF SAINT MARY OF WINCHESTER IN OXFORD, COMMONLY CALLED NEW COLLEGE as a grant recipient include THE BLYTH WATSON CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BLYTH WATSON CHARITABLE TRUST | FY2024 | £15k | |
| THE BLYTH WATSON CHARITABLE TRUST | FY2023 | £15k | building works |
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 |
| WORCESTER COLLEGE OXFORD ENDOWMENT TRUST | 1 | £675k |
| THE BRENLEY TRUST | 1 | £260k |
| THE TOLKIEN TRUST | 1 | £200k |
| Tinsley Charitable Trust | 1 | £85k |
| LOB'S CHARITY | 1 | £35k |
| CHK Foundation | 1 | £20k |
Charities like this
- THE COLLEGE OF ST MARY MAGDALEN IN THE UNIVERSITY OF OXFORD
- THE WARDEN AND SCHOLARS OF ST MARY COLLEGE OF WINCHESTER
- THE QUEEN'S COLLEGE, OXFORD
- ST EDMUND HALL IN THE UNIVERSITY OF OXFORD
- WORCESTER COLLEGE, OXFORD
- THE RECTOR AND SCHOLARS OF EXETER COLLEGE IN THE UNIVERSITY OF OXFORD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| 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 |
| THE WARDEN AND SCHOLARS OF ST MARY COLLEGE OF WINCHESTER | £45.9m | — | — | unclear | — | no doubt |
| THE QUEEN'S COLLEGE, OXFORD | £19.9m | £190,000 - £194,999 | — | unclear | — | no doubt |
| ST EDMUND HALL IN THE UNIVERSITY OF OXFORD | £15.5m | — | — | above | — | no doubt |
| WORCESTER COLLEGE, OXFORD | £20.3m | £169,000 - £169,999 | — | unclear | — | no doubt |