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

Registered charity 1142759 · accounts filings on the Charity Commission register · also known as LADY MARGARET HALL, LMH

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Latest income
£16.7m
Latest spending
£16.0m
Registered
2011
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the College broke even in terms of income and expenditure, meeting all loan repayments and continuing to restore free reserves. The College covers an operating deficit by drawing on donations, endowment funds, and restricted funds, resulting in a net movement in funds of £7.040m and total funds of £92.702m at year-end.

What the accounts disclose

Reserves policy: 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 (held: £30.9m)
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 15
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Trustees who are employees receive salaries for their work as employees. Total remuneration and benefits shown is £2,143k. No trustee receives any remuneration for acting as a trustee.
No trustee receives any remuneration for acting as a trustee. However, those trustees who are also employees of the college receive salaries for their work as employees. — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: LMH Hospitality Services Limited, Lady Margaret Hall Trading Limited, Lady Margaret Hall Properties Limited
The College also has three wholly owned non-charitable subsidiaries: LMH Hospitality Services Limited, Lady Margaret Hall Properties Limited and Lady Margaret Hall Trading Limited. — page 8
Per its FY2025 accounts as filed with the Charity Commission.

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

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

Total income
£19.0m
Total spending
£16.0m
Cost of raising funds
£1.6m
Reserves (reported)
£103k
Employees
205

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Register events

Trustees

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

Operates in: Oxfordshire

Income and spending

Financial year endIncomeSpending
31/07/2025£16.7m£16.0m
31/07/2024£15.9m£12.3m
31/07/2023£15.9m£13.2m
31/07/2022£11.6m£14.5m
31/07/2021£10.2m£11.0m

Common questions

Is THE PRINCIPAL AND FELLOWS OF THE COLLEGE OF THE LADY MARGARET IN THE UNIVERSITY OF OXFORD financially healthy?

The accounts state that the College broke even in terms of income and expenditure, meeting all loan repayments and continuing to restore free reserves. The College covers an operating deficit by drawing on donations, endowment funds, and restricted funds, resulting in a net movement in funds of £7.040m and total funds of £92.702m at year-end. Its FY2025 accounts were audited by Gravita Audit Oxford LLP.